Korvest Ltd
ASX:KOV

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Korvest Ltd
ASX:KOV
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Price: 10.6 AUD 0.86%
Market Cap: 124.7m AUD

Relative Value

The Relative Value of one KOV stock under the Base Case scenario is 9.49 AUD. Compared to the current market price of 10.6 AUD, Korvest Ltd is Overvalued by 10%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

KOV Relative Value
Base Case
9.49 AUD
Overvaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
57
Median 3Y
0.9
Median 5Y
0.9
Industry
1.6
Forward
1.1
vs History
3
vs Industry
54
Median 3Y
8.8
Median 5Y
9.3
Industry
21
Forward
10.7
vs History
23
vs Industry
45
Median 3Y
10.3
Median 5Y
9.1
Industry
14.4
vs History
28
vs Industry
30
Median 3Y
12.3
Median 5Y
12.3
Industry
20.6
vs History
3
vs Industry
39
Median 3Y
2
Median 5Y
1.9
Industry
1.8
vs History
3
vs Industry
56
Median 3Y
0.9
Median 5Y
0.9
Industry
1.7
Forward
1.1
vs History
3
vs Industry
65
Median 3Y
2.5
Median 5Y
2.4
Industry
6.2
vs History
14
vs Industry
49
Median 3Y
6.2
Median 5Y
6.9
Industry
12.2
Forward
6.4
vs History
14
vs Industry
56
Median 3Y
6.2
Median 5Y
6.9
Industry
16.2
Forward
7.6
vs History
25
vs Industry
46
Median 3Y
10.4
Median 5Y
8.6
Industry
14.5
vs History
38
vs Industry
30
Median 3Y
17.4
Median 5Y
16.2
Industry
17.9
vs History
3
vs Industry
33
Median 3Y
1.7
Median 5Y
1.6
Industry
1.3

Multiples Across Competitors

KOV Competitors Multiples
Korvest Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Korvest Ltd
ASX:KOV
124.6m AUD 1.2 13.2 9.4 9.4
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 28 119.8 363 670.8 171 820.3 210 169.2
US
Parker-Hannifin Corp
NYSE:PH
83.6B USD 4.2 24.6 18.1 22.2
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
11.8T JPY 2.3 48 21.9 30.9
SE
Atlas Copco AB
STO:ATCO A
745B SEK 4.2 25.5 16.3 20.3
US
Illinois Tool Works Inc
NYSE:ITW
70.8B USD 4.5 21 17.4 19.1
CH
Schindler Holding AG
SIX:SCHP
31.9B CHF 2.8 33.6 20.2 25.5
US
Otis Worldwide Corp
NYSE:OTIS
37.9B USD 2.7 24.7 22.7 25.1
US
Barnes Group Inc
NYSE:B
37.1B USD 2.8 16 5.6 7.7
FI
Kone Oyj
OMXH:KNEBV
29B EUR 2.6 30.2 18.2 22.5
US
Ingersoll Rand Inc
NYSE:IR
32.5B USD 4.5 39.5 18.3 24.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Korvest Ltd
ASX:KOV
Average EV/EBITDA: 15 635.3
9.4
N/A N/A
JP
I
Ishii Iron Works Co Ltd
TSE:6362
171 820.3
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
18.1
8%
2.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
21.9
12%
1.8
SE
Atlas Copco AB
STO:ATCO A
16.3
4%
4.1
US
Illinois Tool Works Inc
NYSE:ITW
17.4
3%
5.8
CH
Schindler Holding AG
SIX:SCHP
20.2
8%
2.5
US
Otis Worldwide Corp
NYSE:OTIS
22.7
8%
2.8
US
Barnes Group Inc
NYSE:B
5.6
16%
0.4
FI
K
Kone Oyj
OMXH:KNEBV
18.2
9%
2
US
Ingersoll Rand Inc
NYSE:IR
18.3
9%
2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Korvest Ltd
ASX:KOV
Average EV/EBIT: 19 125.1
9.4
N/A N/A
JP
I
Ishii Iron Works Co Ltd
TSE:6362
210 169.2
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
22.2
11%
2
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
30.9
N/A N/A
SE
Atlas Copco AB
STO:ATCO A
20.3
5%
4.1
US
Illinois Tool Works Inc
NYSE:ITW
19.1
3%
6.4
CH
Schindler Holding AG
SIX:SCHP
25.5
10%
2.5
US
Otis Worldwide Corp
NYSE:OTIS
25.1
8%
3.1
US
Barnes Group Inc
NYSE:B
7.7
14%
0.6
FI
K
Kone Oyj
OMXH:KNEBV
22.5
10%
2.2
US
Ingersoll Rand Inc
NYSE:IR
24.4
15%
1.6