Korvest Ltd [ASX:KOV] share price and news 2022

Company Description

Korvest Ltd (KOV) is a South Australia based manufacturing company with principal activities comprising of hot dip galvanising, sheet metal fabrication, manufacture of cable and pipe support systems and fittings, design and assembly of access systems for large mobile equipment and sale, repair and rental of high torque tools. The Company has two segments: Industrial Products and Production. The company has sales offices located in Adelaide, Melbourne, Sydney, Brisbane and Perth, with distributors in Darwin, Townsville, Hobart, as well as New Zealand.

Korvest Ltd belongs to Industrials sector and under industry of Industrial Machinery. You can get more information about this company via their website: http://www.korvest.com.au.

This a small cap company with market cap of 48 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.36 12 1.47 0
Market 0.85 22.3 1.99 0.84
Sector 0.55 15.9 2.1 1.14

Dividend Growth Chart

The following chart shows you how kov dividend grows in the recent years.Korvest Ltd has dividend yield of 6.45%