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Korvest Ltd. (KOV) AI Stock Analysis
Korvest Ltd.
(ASX:KOV)
Korvest Ltd. presents a mixed profile. Its strongest attributes are a pristine balance sheet, consistent historical revenue growth, and an attractive valuation anchored by a 4.39% dividend yield. However, near-term risks weigh heavily on the score, notably a sharp drop into negative free cash flow for 2026 and distinctly bearish technical momentum with the stock trading below key moving averages.
Korvest Ltd. (KOV) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 187.26M
- Dividend Yield
- 4.14%
- Average Volume (3M)
- 14.94K
- Price to Earnings (P/E)
- 15.1
- Beta (1Y)
- 0.47
- Revenue Growth
- 8.34%
- EPS Growth
- -6.22%
- Country
- Australia
- Employees
- 306
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Manufacturing - Metal Fabrication
Korvest Ltd. Business Overview & Revenue Model
Company Description
Korvest Ltd, an Australian company founded in 1970 and based in Kilburn, operates in two primary business areas: sheet metal manufacturing and hot dip galvanizing services. Its Industrial Products division is responsible for creating a comprehensive...
How the Company Makes Money
Korvest makes money primarily by selling industrial products and engineered solutions to business customers through two main operating areas: (1) cable and pipe support systems and (2) materials handling products. Revenue is generated from the manufa...
Korvest Ltd. Financial Statement Overview
Summary
Strong revenue growth and a robust balance sheet with minimal debt are offset by deteriorating cash flow generation and negative free cash flow in 2026.
Income Statement
82Very PositiveBalance Sheet
90Very PositiveCash Flow
55Neutral| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 129.54M | 129.54M | 119.57M | 102.89M | 107.48M | 99.22M |
| Gross Profit | 50.24M | 50.24M | 45.82M | 40.27M | 39.65M | 36.01M |
| EBITDA | 22.51M | 22.01M | 18.26M | 15.46M | 17.96M | 15.17M |
| Net Income | 12.34M | 12.34M | 13.16M | 11.04M | 11.18M | 11.34M |
Balance Sheet | ||||||
| Total Assets | 101.73M | 101.73M | 90.38M | 79.55M | 70.66M | 65.91M |
| Cash, Cash Equivalents and Short-Term Investments | 0 | 0 | 13.30M | 7.06M | 9.21M | 3.83M |
| Total Debt | 15.72M | 15.72M | 9.88M | 9.48M | 5.19M | 5.47M |
| Total Liabilities | 36.92M | 36.92M | 29.56M | 26.10M | 21.62M | 22.09M |
| Stockholders Equity | 64.81M | 64.81M | 60.82M | 53.45M | 49.04M | 43.83M |
Cash Flow | ||||||
| Free Cash Flow | -4.89M | -4.89M | 15.00M | 5.84M | 13.08M | 1.88M |
| Operating Cash Flow | 5.99M | 5.99M | 18.69M | 10.35M | 14.94M | 3.99M |
| Investing Cash Flow | -10.54M | -10.54M | -3.63M | -4.44M | -1.81M | -1.18M |
| Financing Cash Flow | -10.02M | -10.02M | -8.82M | -8.06M | -7.75M | -5.94M |
Korvest Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KOV, the sentiment is Neutral. The current price of 15.70 is above the 20-day moving average (MA) of 15.29, below the 50-day MA of 15.94, and below the 200-day MA of 16.20, indicating a neutral trend. The MACD of -0.34 indicates Negative momentum. The RSI at 54.09 is Neutral, neither overbought nor oversold. The STOCH value of 72.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:KOV.
Korvest Ltd. Peers Comparison
Overall Rating
AU:FWD71Outperform- AU:KOV70Outperform
AU:ANG63Neutral
AU:ACF61Neutral
AU:SND38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:FWD | 71Outperform | AUD 184.17M | 83.27 | 1.60% | 9.31% | -6.28% | -84.39% |
| AU:KOV | 70Outperform | AUD 187.26M | 15.10 | 19.69% | 4.14% | 8.34% | -6.22% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| AU:ANG | 63Neutral | AUD 105.93M | 17.52 | 4.45% | 7.10% | -12.68% | -76.78% |
| AU:ACF | 61Neutral | AUD 365.28M | 15.15 | 10.64% | 3.95% | 30.67% | -24.67% |
| AU:SND | 38Underperform | AUD 108.01M | -93.97 | -1.51% | 1.28% | 42.47% | -144.81% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:KOV | Korvest Ltd. | 15.70 | 3.01 | 23.74% | |
| AU:ANG | Austin Engineering Limited | 0.17 | -0.09 | -34.62% | |
| AU:FWD | Fleetwood Limited | 2.04 | -0.73 | -26.41% | |
| AU:ACF | Acrow Formwork and Construction Services Limited | 0.86 | -0.20 | -19.08% | |
| AU:SND | Saunders International Limited | 0.78 | -0.02 | -2.50% |
Korvest Ltd. Corporate Events
Korvest updates Computershare share registry address
Korvest Ltd. has advised that, effective 30 October 2026, the registry address for its share registry provider Computershare Investor Services Pty Limited will change to Yarra Falls, 452 Johnston Street, Abbotsford, Victoria 3067, with a correspondin...
Korvest Seeks ASX Quotation for New Employee Incentive Shares
Korvest Ltd., listed on the ASX under the ticker KOV, is an established industrial company serving construction and infrastructure-related markets through its ordinary fully paid shares. The company’s presence on Australia’s main securiti...
Korvest Seeks ASX Quotation for New Dividend-Plan Shares
Korvest Ltd has applied for quotation on the ASX of 49,129 ordinary fully paid shares under its dividend or distribution plan, with an issue date of September 25, 2026. The move modestly increases the number of quoted securities on issue, reflecting...
Korvest boosts national manufacturing footprint with new EzyStrut facility
Korvest Ltd has highlighted its position as a long‑standing Australian manufacturer of cable and pipe supports and galvanising services, delivered through its EzyStrut and Korvest Galvanisers divisions. With more than 300 multi‑skilled em...
Korvest Sets Date and Agenda for 2026 Annual General Meeting
Korvest Ltd has convened its 2026 annual general meeting for 30 October 2026 in Adelaide, with shareholders able to attend in person or via live online broadcast. The meeting will receive and discuss the financial statements and directors’ and...
Korvest Updates DRP Terms on June 2026 Dividend
Korvest Ltd., an Australian industrial supplier listed on the ASX as KOV with ordinary fully paid shares, continues its practice of returning capital to shareholders through regular dividends. The company operates in manufacturing and infrastructure-...
Index Rebalance Signals Shift in ASX Market Focus Affecting Korvest’s Sector
Korvest’s market profile is indirectly affected by S&P Dow Jones Indices’ September 2026 quarterly rebalance of the S&P/ASX indices, which leaves the S&P/ASX 20 unchanged but reshuffles constituents in the 50, 100, 200 and 300...
Korvest appoints new director Jacqueline Moth with no current shareholding
Korvest Ltd has appointed Jacqueline Moth as a director effective 1 September 2026, expanding its board under ASX listing rule disclosure obligations. The company disclosed that Moth holds no relevant interests in Korvest securities or related contra...
Korvest Sets AGM Date and Deadline for Director Nominations
Korvest Ltd has scheduled its 2026 Annual General Meeting for 30 October 2026, in line with ASX listing requirements. The meeting will include the election of directors, a routine but important governance process for the company.The company has set 1...
Korvest refreshes board with new director as veteran steps down
Korvest Ltd has strengthened its board by appointing international manufacturing executive Jacqueline Moth as a director, effective 1 September 2026. Moth brings more than 30 years of senior leadership experience across marketing, sales, sustainabili...
Korvest Reactivates Dividend Reinvestment Plan Ahead of 2026 Final Dividend
Korvest Ltd has reactivated its Dividend Reinvestment Plan for the final dividend scheduled to be paid on 25 September 2026, allowing eligible Australian and New Zealand shareholders to receive new shares instead of cash, with existing DRP elections...
Korvest Director Boosts Shareholding Through Exercise of Performance Rights
Korvest Ltd has disclosed a change in the shareholding of director Steven McGregor, reflecting the exercise of vested performance rights. The company, a manufacturer and supplier of industrial support systems and related products to construction and...
Korvest Director Boosts Shareholding Through Equity Incentive Exercise
Korvest Ltd has reported a change in director Christian Hartwig’s interests in the company’s securities, reflecting the exercise of vested performance rights. Following this transaction, Hartwig’s direct holding of ordinary shares i...
Korvest Seeks ASX Quotation for New Employee-Incentive Shares
Korvest Ltd., listed on the ASX under the code KOV, operates as an industrial company, with its ordinary fully paid shares traded in the Australian securities market. The company utilizes employee incentive schemes as part of its capital management a...
Korvest Issues Minor Correction to 2026 Annual Report
Korvest Ltd has issued a correction to its 2026 Annual Report after identifying a typographical error in the statement of profit or loss and other comprehensive income. The previously reported 2026 income tax expense figure of (5,541) has been revise...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 29, 2026