KOV.AX
Price:
$10.7
Market Cap:
$125.74M
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 serve...[Read more]
Industry
Manufacturing - Metal Fabrication
IPO Date
1988-01-31
Stock Exchange
ASX
Ticker
KOV.AX
According to Korvest Ltd’s latest financial reports and current stock price. The company's current ROE is 21.18%. This represents a change of 88.49% compared to the average of 11.24% of the last 4 quarters.
The mean historical ROE of Korvest Ltd over the last ten years is 11.44%. The current 21.18% ROE has changed 85.16% with respect to the historical average. Over the past ten years (40 quarters), KOV.AX's ROE was at its highest in in the December 2021 quarter at 17.22%. The ROE was at its lowest in in the December 2016 quarter at -3.39%.
Average
11.44%
Median
10.83%
Minimum
-5.41%
Maximum
25.87%
Discovering the peaks and valleys of Korvest Ltd ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 102.48%
Maximum Annual ROE = 25.87%
Minimum Annual Increase = -285.26%
Minimum Annual ROE = -5.41%
Year | ROE | Change |
---|---|---|
2024 | 20.66% | -9.34% |
2023 | 22.79% | -11.88% |
2022 | 25.87% | 53.49% |
2021 | 16.85% | 36.63% |
2020 | 12.33% | 32.21% |
2019 | 9.33% | 102.48% |
2018 | 4.61% | -185.16% |
2017 | -5.41% | -285.26% |
2016 | 2.92% | -33.88% |
2015 | 4.42% | -71.16% |
The current ROE of Korvest Ltd (KOV.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
23.11%
5-year avg
19.70%
10-year avg
11.44%
Korvest Ltd’s ROE is less than Lycopodium Limited (40.44%), less than Joyce Corporation Ltd (26.12%), less than K&S Corporation Limited (9.13%), less than XRF Scientific Limited (16.91%), less than Lindsay Australia Limited (18.49%),
Company | ROE | Market cap |
---|---|---|
40.44% | $410.96M | |
26.12% | $130.99M | |
9.13% | $494.71M | |
16.91% | $262.72M | |
18.49% | $277.06M |
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How does the current ROE for Korvest Ltd (KOV.AX) compare to its historical average?