Korvest Ltd
ASX:KOV

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Korvest Ltd
ASX:KOV
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Price: 15.75 AUD 1.48% Market Closed
Market Cap: AU$186.3m

Gross Margin

38.8%
Current
Improving
by 0.6%
vs 3-y average of 38.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
38.8%
=
Gross Profit
AU$50m
/
Revenue
AU$128.7m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
38.8%
=
Gross Profit
AU$50m
/
Revenue
AU$128.7m

Peer Comparison

Country Company Market Cap Gross
Margin
AU
Korvest Ltd
ASX:KOV
186.4m AUD
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JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY
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US
Parker-Hannifin Corp
NYSE:PH
123.3B USD
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JP
Freund Corp
TSE:6312
16.9T JPY
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JP
Mitsubishi Heavy Industries Ltd
TSE:7011
16.2T JPY
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SE
Atlas Copco AB
STO:ATCO A
909.2B SEK
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US
Illinois Tool Works Inc
NYSE:ITW
85.1B USD
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US
Barnes Group Inc
NYSE:B
74.2B USD
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SE
Sandvik AB
STO:SAND
467.1B SEK
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CH
Schindler Holding AG
SIX:SCHP
33.2B CHF
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JP
Fanuc Corp
TSE:6954
6.1T JPY
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Market Distribution

In line with most companies in Australia
Percentile
50th
Based on 2 544 companies
50th percentile
38.8%
Low
-6 907 100% — 21.6%
Typical Range
21.6% — 58.2%
High
58.2% — 2 095.9%
Distribution Statistics
Australia
Min -6 907 100%
30th Percentile 21.6%
Median 38.3%
70th Percentile 58.2%
Max 2 095.9%

Korvest Ltd
Glance View

Market Cap
186.3m AUD
Industry
Machinery

Korvest Ltd. manufactures electrical and cable support systems, steel fabrication and provides associated metal treatment and galvanizing services. The company is headquartered in Adelaide, South Australia and currently employs 207 full-time employees. The firm designs and assembles access systems for large mobile equipment and sells, repairs, and rentals high torque tools. The firm operates through two segments: Industrial Products and Production. Industrial Products segment includes the manufacture of electrical and cable support systems, steel fabrication and access systems. The company also includes the sale, hire and repair of high torque tools. The firm includes the businesses trading under the EzyStrut and Korvest Galvanisers names. Its Production segment represents the Korvest Galvanizing business, which provides hot dip galvanizing services. The firm provides solutions across mining, petrochemical, food processing, utilities, oil and gas, data/communications, health, civil engineering, commercial construction and water and energy sectors.

KOV Intrinsic Value
17.34 AUD
Undervaluation 9%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
38.8%
=
Gross Profit
AU$50m
/
Revenue
AU$128.7m
What is Korvest Ltd's current Gross Margin?

The current Gross Margin for Korvest Ltd is 38.8%, which is above its 3-year median of 38.2%.

How has Gross Margin changed over time?

Over the last 3 years, Korvest Ltd’s Gross Margin has increased from 34.6% to 38.8%. During this period, it reached a low of 34.6% on Dec 31, 2022 and a high of 39.1% on Jun 30, 2024.

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