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1 Comment
Korvest Ltd is currently in a long term uptrend where the price is trading 13.4% above its 200 day moving average.
From a valuation standpoint, the stock is 99.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.8.
Korvest Ltd's total revenue sank by 9.7% to $33M since the same quarter in the previous year.
Its net income has increased by 33.1% to $3M since the same quarter in the previous year.
Finally, its free cash flow fell by 75.1% to $760K since the same quarter in the previous year.
Based on the above factors, Korvest Ltd gets an overall score of 3/5.
CurrencyCode | AUD |
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Exchange | AU |
Industry | Metal Fabrication |
Sector | Industrials |
ISIN | AU000000KOV9 |
Beta | 0.68 |
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Market Cap | 87M |
Target Price | 4.86 |
PE Ratio | 9.79 |
Dividend Yield | 6.7% |
Korvest Ltd, together with its subsidiaries, engages in the hot dip galvanizing and sheet metal fabrication businesses in Australia. It operates through two segments, Industrial Products and Production. The Industrial Products segment manufactures electrical and cable support systems, which include channel, cable trays, cable ladders, cable mesh and ducts, and general and heavy duty pipe clamps and hangers, as well as specialist pipe supports products, other fittings, fasteners, and clamping components under the EzyStrut name. The Production segment provides hot dip galvanizing services. The company is also involved in the manufacture of cable and pipe support systems, and fittings. It serves infrastructure, commercial, utilities, mining, food processing, oil and gas, power stations, health, and industrial sectors. Korvest Ltd was incorporated in 1970 and is based in Kilburn, Australia.
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