ASX Share rice
Fri 14 May 2021 - 08:28:pm (Sydney)

KOV Share Price

KORVEST LTDKOVCapital Goods

KOV Company Information

Name:

Korvest Ltd

Sector:

Industrials

Industry:

Metal Fabrication

GIC Industry:

Machinery

GIC Sub Industry:

Industrial Machinery

Address:

580 Prospect Road Kilburn SA Australia 5084

Phone:

61 8 8360 4500

Full Time Employees:

189

MD & Director:

Mr. Chris A. Hartwig B.A., M.A.I.C.D.

Fin. Director, Company Sec. & Exec. Director:

Mr. Steven John William McGregor A.C.I.S., B.A., F.C.A., BA(Acc), CA, AGIA, ACIS

Gen. Mang. of Operations:

Mr. Gavin Christie

Gen. Mang. of Sales - EzyStrut:

Mr. Stephen Taubitz

Company Overview:

Korvest Ltd, together with its subsidiaries, manufacturers and supplies cable and pipe support systems, galvanising services, and access systems for large mobile equipment in Australia. It operates in two segments, Industrial Products and Production. The Industrial Products segment manufactures electrical and cable support systems, and steel fabrication and access systems. This segment also sells, hires, and repairs high torque tools, such as hydraulic torque wrenches, pneumatic continuous torque wrenches, electronic continuous torque wrenches, huck tools, and power rigs. It conducts its business under the EzyStrut, Power Step and Titan Technologies names. The Production segment provides hot dip galvanising services. It serves infrastructure, commercial, utilities, mining, food processing, oil and gas, power stations, health, and industrial sectors. The company was founded in 1970 and is based in Kilburn, Australia.

KOV Share Price Information

Shares Issued:

11.34M

Market Capitalisation:

$53.31M

Dividend per Share:

$0.28

Ex Dividend Date:

2021-02-18

Dividend Yield:

5.96%

Revenue (TTM):

$62.50M

Revenue Per Share (TTM):

$5.54

Earnings per Share:

$0.414

Profit Margin:

0.0757

Operating Margin (TTM):

$0.11

Return On Assets (TTM):

$0.09

Return On Equity (TTM):

$0.14

Quarterly Revenue Growth (YOY):

-0.046

Gross Profit(TTM):

$26.05M

Diluted Earnings Per Share (TTM):

$0.414

QuarterlyEarnings Growth(YOY):

0.311

KOV CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$-3,171,000

Change To Liabilities:

$16K

Total Cashflow From Investing Activities:

$-3,171,000

Net Borrowings:

$-795,000

Net Income:

$4.03M

Total Cash From Operating Activities:

$10.46M

Depreciation:

$2.17M

Other Cashflow From Investing Activities:

$25K

Dividends Paid:

$-3,149,000

Change To Inventory:

$7K

Change To Account Receivables:

$3.26M

Sale Purchase Of Stock:

$-1,000

Capital Expenditures:

$3.20M

KOV Income Statement

Income Date:

2020-06-30

Income Before Tax:

$5.81M

Net Income:

$4.03M

Gross Profit:

$24.99M

Operating Income:

$5.84M

Income Tax Expense:

$1.78M

Total Revenue:

$63.09M

Cost Of Revenue:

$38.10M

KOV Balance Sheet

Balance Sheet Date:

2020-06-30

Total Liabilities:

$15.63M

Total Stockholder Equity:

$32.65M

Other Current Liabilities:

$3.74M

Total Assets:

$48.28M

Common Stock:

$14.20M

Other Current Assets:

$54K

Retained Earnings:

$13.62M

Other Liabilities:

$1.49M

Cash:

$6.47M

Total Current Liabilities:

$10.17M

Property - Plant & Equipment:

$20.51M

Net Tangible Assets:

$32.65M

Total Current Assets:

$27.77M

Net Receivables:

$10.11M

Short-Term Investments:

$20.51M

Inventory:

$10.56M

Accounts Payable:

$3.02M

Short-Term Investments:

$20.51

Non Current Liabilities Total:

$5.46M

KOV Share Price History

KOV News

26 Apr, 2021
With its stock down 11% over the past three months, it is easy to disregard Korvest (ASX:KOV). However, stock prices...
21 Mar, 2021
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
13 Feb, 2021
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
14 Jan, 2021
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
15 Dec, 2020
This article will reflect on the compensation paid to Chris Hartwig who has served as CEO of Korvest Ltd ( ASX:KOV...
16 Nov, 2020
Korvest (ASX:KOV) has had a rough three months with its share price down 2.5%. But if you pay close attention, you...
16 Oct, 2020
Korvest Ltd (ASX:KOV), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the...
15 Sep, 2020
Korvest Ltd's (ASX:KOV) price-to-earnings (or "P/E") ratio of 12.8x might make it look like a buy right now compared...
17 Aug, 2020
Korvest Ltd (ASX:KOV) is about to trade ex-dividend in the next 2 days. You can purchase shares before the 20th of...
16 Jul, 2020
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

KOV Dividend Payments

EX-Date Dividend Amount
2010-02-15$0.1700
2010-08-18$0.1500
2011-02-21$0.1100
2011-08-19$0.1500
2012-02-20$0.2300
2012-08-17$0.3000
2013-02-21$0.2600
2013-08-19$0.2000
2014-02-20$0.2600
2014-06-05$1.0000
2014-08-20$0.3100
2015-08-19$0.1200
2016-02-24$0.1000
2016-08-25$0.1000
2017-02-23$0.1000
2017-08-24$0.0300
2018-02-22$0.0500
2018-08-23$0.0700
2019-02-21$0.0900
2019-08-22$0.1300
2020-02-20$0.1500
2020-08-20$0.1300
2021-02-18$0.1500

KOV Dividends (last 12 Years)