Korvest Ltd (KOV) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Korvest Ltd stock A$10.12, price A$15.92, that is 36.4% below the price, quality 59 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range A$3.93 – A$21.49 · fair‑value band A$7.04 – A$12.50 · the A$15.92 price screens above the A$10.12 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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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.
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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 specialist pipe supports products, other fittings, fasteners, and clamping components under the EzyStrut brand for major infrastructure developments, electrical wholesalers, and contractors for small industrial developments.
It also provides hot dip galvanising services and sheet metal fabrication services under the Korvest Galvanisers brand.
The company serves various sectors, such as infrastructure, commercial, utilities, mining, data centres, food processing, oil and gas, power stations, health, industrial, petrochemical, communications, civil engineering, commercial construction, water, and energy.
Korvest Ltd was incorporated in 1970 and is based in Kilburn, Australia.
Stock analysis
Korvest Ltd (KOV) currently trades at A$15.92, while our model-based Fair Value estimate is A$10.12, 36% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of A$19.98 per share, and 7 of the 16 models we run sit above the A$15.92 price.
Bear case: the Asset-Based group reads lowest at A$1.34, and 9 of the 16 models stay below the price. Data coverage for this calculation is high.
Scenario range: A$7.04 (bear) to A$12.50 (bull), the price of A$15.92 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Korvest Ltd reported revenue of A$130M in FY2026 versus A$99.2M in FY2022, a compound +6.9%/yr. Reported net income was A$12.3M in FY2026, compounding +2.1%/yr from FY2022.
Key figures
Market cap A$188M (≈ $130M) Micro · P/E ratio 15.3 · P/S ratio 1.45 · EPS (TTM) A$1.04 · Dividend yield 4.1% · Net margin 9.6% · Return on equity 19.8% · Return on assets (EBIT) 19.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 64 out of 100 (low confidence).
What moves the price
The share trades about 26% below its 52-week high and 23% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −38% fair-value upside, at −36%, KOV screens cheaper than that median.
Fair Value models
BearA$7.04Fair Value A$10.12BullA$12.50
Price A$15.92 · Downside -36.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 4 months old). Earnings retained since then (A$0.1410 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.61/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+8.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.2%
Start year 2021 (pandemic). Over 10 years: +8.9% a year
Revenue growth 26 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+18.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+14.6%
Dividend (yield on the price)4.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 14.6% / 24.8%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.7% → 14%
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Metal Fabrication · 260 stocks
Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside−36.4% · Below median
Profitability
Return on equity (12 months)19.8% · Top 25%
Return on assets12.1% · Top 25%
Net margin (12 months)9.6% · Top 25%
Operating margin (12 months)15.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)0.3% · Below median
Dividend yield (12 months)4.1% · Top 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Metal Fabrication median · lower = cheaper
P/E (12 months)15.3× · Cheaper than median
P/B2.91× · Pricier than median
P/S (12 months)1.45× · Cheaper than median
EV/EBITDA8.4× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)2· sector 68
PAST (return on equity)79· sector 24
HEALTH (low debt)100· sector 95
DIVIDEND (yield)82· sector 25
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Korvest Ltd Fair Value". https://www.fairvalue-calculator.com/stock/KOV
Frequently asked questions
Is Korvest Ltd (KOV) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of A$10.12 versus a price of A$15.92, about 36% lower (overvalued).
What is the fair value of KOV?
Our model-based fair value for Korvest Ltd is A$10.12 (as of Nov 8, 2026), built from audited fundamentals. The current price: A$15.92.
What is the quality score of KOV?
Korvest Ltd has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Korvest Ltd (KOV)?
Our model-based price target is the fair value of A$10.12 (as of Nov 8, 2026) from 16 valuation models. Cautious scenario A$7.04, optimistic scenario A$12.50. It is a calculation from audited fundamentals, not an analyst target.
What is the Korvest Ltd stock forecast for 2026?
Our models put fair value at A$10.12, about 36% lower versus a price of A$15.92 (overvalued). Cautious scenario A$7.04, optimistic scenario A$12.50. The calculation is refreshed regularly with new filings.
What is the revenue of Korvest Ltd (KOV)?
Korvest Ltd reported trailing-twelve-month revenue of about A$130M (latest available figure, as of Nov 8, 2026).
Does Korvest Ltd pay a dividend?
Korvest Ltd currently shows a dividend yield of 4.08% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Korvest Ltd (KOV) and when is the ex-dividend date?
Korvest Ltd pays a dividend of A$0.65 per share a year, a dividend yield of 4.1%. The last ex-dividend date was Sep 3, 2026. A dividend has been paid every year since at least 1988. The payout ratio is 62.5% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Korvest Ltd (KOV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Korvest Ltd it is A$10.12 per share (as of Nov 8, 2026), against a price of A$15.92. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Korvest Ltd stock overvalued or undervalued in 2026?
As of Nov 8, 2026, KOV trades above its calculated fair value: price A$15.92, fair value A$10.12, a gap of about −36% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of KOV?
No. The price is what the market pays today (A$15.92); the fair value is what the company's own numbers justify (A$10.12). For Korvest Ltd the two are A$5.80 per share apart. That gap is exactly why we show both numbers side by side.
How much is Korvest Ltd worth?
The market values Korvest Ltd at about A$188M (market capitalisation, as of Nov 8, 2026). Per share that is A$15.92; our models calculate a fair value of A$10.12 per share.
What do the bullish and bearish scenarios say about KOV?
Our models span a range for Korvest Ltd: cautious scenario A$7.04, base A$10.12, optimistic A$12.50 per share (as of Nov 8, 2026, price A$15.92). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of KOV?
Korvest Ltd trades at a price-to-earnings ratio of 15.3 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$10.12 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2018 to 2026), reported earnings, FY2026 ex one-offs: 9.9. Other multiples: P/B 2.9, P/S 1.5, EV/EBITDA 8.4.
How solid is the balance sheet of Korvest Ltd (KOV)?
Balance-sheet figures for Korvest Ltd (as of Nov 8, 2026): return on equity 19.8%, debt of 0.00 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is KOV from its 52-week high?
Korvest Ltd trades at A$15.92, about 26% below its 52-week high of A$21.49 and 23% above the low of A$12.90 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of A$10.12 is for.
Which stocks are comparable to Korvest Ltd?
From the same area (Industrials) we also value ATI Inc, Carpenter Technology Corporation, Mueller Industries, Inc, Bharat Forge Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Korvest Ltd stock attractive at the current price?
The data as of Nov 8, 2026: price A$15.92, calculated fair value A$10.12 (−36%), Quality Score 59/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of KOV calculated?
We run Korvest Ltd through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of A$10.12 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Korvest Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Korvest Ltd (KOV)?
The closing price on Nov 9, 2026 was A$15.92. Our model-based fair value is A$10.12, about 36% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Korvest Ltd right now?
The price sits above even our optimistic bull case (A$12.50). The favourable scenario is already priced in. Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Korvest Ltd
How large is the market capitalisation of Korvest Ltd (KOV)?
The market capitalisation of Korvest Ltd is A$188M (≈ $130M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Korvest Ltd (KOV)?
The price-to-sales ratio of Korvest Ltd is 1.45 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Korvest Ltd (KOV)?
Earnings per share at Korvest Ltd are A$1.04 (price ÷ EPS = P/E 15.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Korvest Ltd (KOV)?
The dividend yield of Korvest Ltd is 4.1% (payout 62.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Korvest Ltd (KOV)?
The net margin of Korvest Ltd is 9.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Korvest Ltd (KOV)?
The return on equity (ROE) of Korvest Ltd is 19.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Korvest Ltd (KOV)?
On an EBIT basis the return on assets of Korvest Ltd is 19.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Korvest Ltd (KOV)?
The operating margin of Korvest Ltd is 15.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Korvest Ltd (KOV)?
Revenue at Korvest Ltd is growing +0.3% versus a year earlier (3y avg +6.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Korvest Ltd (KOV)?
Earnings per share at Korvest Ltd are growing −23.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Korvest Ltd (KOV) generate?
The free cash flow of Korvest Ltd is −A$4.9M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Korvest Ltd (KOV) carry?
The net debt of Korvest Ltd is A$15.7M (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 8, 2026