Korvest Ltd

AU:KOV Australia Metal Fabrication
Market Cap
$108.87 Million
AU$175.83 Million AUD
Market Cap Rank
#18771 Global
#301 in Australia
Share Price
AU$14.86
Change (1 day)
-0.40%
52-Week Range
AU$9.11 - AU$16.33
All Time High
AU$16.33
Categories
Companies in Australia Metal Fabrication
About

Korvest Ltd manufactures and supplies cable and pipe support systems, fastening solutions, and galvanising services in Australia. It operates through two segments, Industrial Products and Production. The company offers electrical and cable support systems, including channel, cable trays, cable ladders, and cable mesh and ducts; and general and heavy duty pipe clamps and hangers, as well as specia… Read more

Korvest Ltd (KOV) - Net Assets

Latest net assets as of December 2025: AU$60.57 Million AUD

Based on the latest financial reports, Korvest Ltd (KOV) has net assets worth AU$60.57 Million AUD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$91.44 Million) and total liabilities (AU$30.87 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$60.57 Million
% of Total Assets 66.24%
Annual Growth Rate 8.05%
5-Year Change 69.29%
10-Year Change 86.96%
Growth Volatility 8.9

Korvest Ltd - Net Assets Trend (1989–2025)

This chart illustrates how Korvest Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Korvest Ltd (1989–2025)

The table below shows the annual net assets of Korvest Ltd from 1989 to 2025.

Year Net Assets Change
2025-06-30 AU$60.82 Million +13.79%
2024-06-30 AU$53.45 Million +8.99%
2023-06-30 AU$49.04 Million +11.90%
2022-06-30 AU$43.83 Million +21.99%
2021-06-30 AU$35.92 Million +10.03%
2020-06-30 AU$32.65 Million +5.58%
2019-06-30 AU$30.92 Million +4.08%
2018-06-30 AU$29.71 Million +1.87%
2017-06-30 AU$29.17 Million -10.34%
2016-06-30 AU$32.53 Million -1.25%
2015-06-30 AU$32.94 Million -9.95%
2014-06-30 AU$36.58 Million +3.45%
2013-06-30 AU$35.36 Million -2.66%
2012-06-30 AU$36.33 Million +9.36%
2011-06-30 AU$33.22 Million +9.74%
2010-06-30 AU$30.27 Million +4.20%
2009-06-30 AU$29.05 Million +11.72%
2008-06-30 AU$26.00 Million +19.96%
2007-06-30 AU$21.68 Million +12.35%
2006-06-30 AU$19.29 Million +11.22%
2005-06-30 AU$17.35 Million +9.72%
2004-06-30 AU$15.81 Million +39.00%
2003-06-30 AU$11.37 Million +23.51%
2002-06-30 AU$9.21 Million +8.53%
2001-06-30 AU$8.48 Million +7.83%
2000-06-30 AU$7.87 Million +17.40%
1999-06-30 AU$6.70 Million +4.25%
1998-06-30 AU$6.43 Million +3.35%
1997-06-30 AU$6.22 Million -0.35%
1996-06-30 AU$6.24 Million +6.98%
1995-06-30 AU$5.83 Million +7.06%
1994-06-30 AU$5.45 Million +6.11%
1993-06-30 AU$5.14 Million +3.07%
1992-06-30 AU$4.98 Million +6.22%
1991-06-30 AU$4.69 Million +12.57%
1990-06-30 AU$4.17 Million +11.09%
1989-06-30 AU$3.75 Million --

Equity Component Analysis

This analysis shows how different components contribute to Korvest Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$14.53 Million 23.89%
Other Comprehensive Income AU$46.29 Million 76.11%
Total Equity AU$60.82 Million 100.00%

Korvest Ltd Competitors by Market Cap

The table below lists competitors of Korvest Ltd ranked by their market capitalization.

Company Market Cap
Unifique Telecomunicações S.A.
SA:FIQE3
 		$87.71 Million
Birla Carbon (Thailand) Public Company Limited
BK:BCT
 		$87.76 Million
AptaBio Therapeutics Inc
KQ:293780
 		$87.79 Million
Kuen Chaang Uppertech
TWO:6265
 		$87.80 Million
VENTURE LIFE GRP LS -003
F:17V
 		$87.65 Million
Panram International
TWO:8088
 		$87.65 Million
Anderson Industrial Corp
TW:1528
 		$87.63 Million
RENOLD PLC LS-05
F:7M5
 		$87.58 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Korvest Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 53,448,000 to 60,816,000, a change of 7,368,000 (13.8%).
  • Net income of 13,157,000 contributed positively to equity growth.
  • Dividend payments of 7,635,000 reduced retained earnings.
  • Share repurchases of 7,000 reduced equity.
  • Other comprehensive income increased equity by 7,300,000.
  • Other factors decreased equity by 5,447,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$13.16 Million +21.63%
Dividends Paid AU$7.63 Million -12.55%
Share Repurchases AU$7.00K -0.01%
Other Comprehensive Income AU$7.30 Million +12.0%
Other Changes AU$-5.45 Million -8.96%
Total Change AU$- 13.79%

Book Value vs Market Value Analysis

This analysis compares Korvest Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.89x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 44.20x to 2.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1989-06-30 AU$0.34 AU$14.86 x
1990-06-30 AU$0.37 AU$14.86 x
1991-06-30 AU$0.42 AU$14.86 x
1992-06-30 AU$0.69 AU$14.86 x
1993-06-30 AU$0.71 AU$14.86 x
1994-06-30 AU$0.76 AU$14.86 x
1995-06-30 AU$0.81 AU$14.86 x
1996-06-30 AU$0.87 AU$14.86 x
1997-06-30 AU$0.86 AU$14.86 x
1998-06-30 AU$0.89 AU$14.86 x
1999-06-30 AU$0.92 AU$14.86 x
2000-06-30 AU$1.07 AU$14.86 x
2001-06-30 AU$1.12 AU$14.86 x
2002-06-30 AU$1.20 AU$14.86 x
2003-06-30 AU$1.46 AU$14.86 x
2004-06-30 AU$1.90 AU$14.86 x
2005-06-30 AU$2.04 AU$14.86 x
2006-06-30 AU$2.26 AU$14.86 x
2007-06-30 AU$2.54 AU$14.86 x
2008-06-30 AU$3.03 AU$14.86 x
2009-06-30 AU$3.39 AU$14.86 x
2010-06-30 AU$3.50 AU$14.86 x
2011-06-30 AU$3.82 AU$14.86 x
2012-06-30 AU$4.18 AU$14.86 x
2013-06-30 AU$4.03 AU$14.86 x
2014-06-30 AU$4.15 AU$14.86 x
2015-06-30 AU$3.14 AU$14.86 x
2016-06-30 AU$3.03 AU$14.86 x
2017-06-30 AU$2.65 AU$14.86 x
2018-06-30 AU$2.68 AU$14.86 x
2019-06-30 AU$2.76 AU$14.86 x
2020-06-30 AU$2.88 AU$14.86 x
2021-06-30 AU$3.13 AU$14.86 x
2022-06-30 AU$3.78 AU$14.86 x
2023-06-30 AU$4.19 AU$14.86 x
2024-06-30 AU$4.55 AU$14.86 x
2025-06-30 AU$5.15 AU$14.86 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Korvest Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 21.63%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.00%
  • • Asset Turnover: 1.32x
  • • Equity Multiplier: 1.49x
  • Recent ROE (21.63%) is above the historical average (14.80%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1989 0.21% 0.00% 0.00x 2.12x AU$-367.10K
1997 16.22% 0.00% 0.00x 2.01x AU$386.92K
1998 16.71% 0.00% 0.00x 2.46x AU$431.10K
1999 18.16% 0.00% 0.00x 2.47x AU$546.78K
2000 16.52% 4.24% 1.58x 2.46x AU$513.19K
2001 15.90% 4.29% 1.65x 2.25x AU$500.58K
2002 15.92% 4.43% 1.60x 2.25x AU$545.20K
2003 19.16% 5.69% 1.66x 2.03x AU$1.04 Million
2004 22.04% 8.07% 1.79x 1.52x AU$1.90 Million
2005 17.92% 9.67% 1.23x 1.50x AU$1.37 Million
2006 21.37% 10.09% 1.51x 1.40x AU$2.19 Million
2007 21.14% 10.06% 1.58x 1.33x AU$2.42 Million
2008 18.14% 8.57% 1.59x 1.33x AU$2.12 Million
2009 19.47% 8.99% 1.67x 1.30x AU$2.75 Million
2010 13.16% 7.14% 1.45x 1.27x AU$955.90K
2011 12.71% 6.26% 1.53x 1.33x AU$899.20K
2012 17.07% 8.57% 1.57x 1.27x AU$2.57 Million
2013 10.82% 6.20% 1.40x 1.25x AU$288.90K
2014 15.32% 7.60% 1.51x 1.33x AU$1.94 Million
2015 4.42% 2.31% 1.45x 1.32x AU$-1.84 Million
2016 2.92% 1.73% 1.36x 1.24x AU$-2.30 Million
2017 -5.41% -3.53% 1.24x 1.24x AU$-4.49 Million
2018 4.61% 2.40% 1.50x 1.27x AU$-1.60 Million
2019 9.33% 4.74% 1.47x 1.34x AU$-207.40K
2020 12.33% 6.38% 1.22x 1.58x AU$762.10K
2021 16.85% 8.68% 1.23x 1.57x AU$2.46 Million
2022 25.87% 11.42% 1.51x 1.50x AU$6.95 Million
2023 22.79% 10.40% 1.52x 1.44x AU$6.27 Million
2024 20.66% 10.73% 1.29x 1.49x AU$5.70 Million
2025 21.63% 11.00% 1.32x 1.49x AU$7.08 Million

Industry Comparison

This section compares Korvest Ltd's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

  • Industry: Metal Fabrication
  • Average net assets among peers: $9,712,920
  • Average return on equity (ROE) among peers: -31.85%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Korvest Ltd (KOV) AU$60.57 Million 0.21% 0.51x $87.70 Million
AML3D Ltd (AL3) $9.71 Million -31.85% 0.12x $51.84 Million