Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
KorvestASX:KOV -0.12%73 Gross Margin % is 37.84% as of Dec. 2025, which is 1% below its 10-year median of 38.21. GuruFocus rates ASX:KOV with a GF Score™ of 73/100 and a GF Value™ of A$11.29 (Significantly Overvalued). Among 2,998 Industrial Products companies, Korvest ranks better than 76.85% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Korvest's Gross Profit for the
six
months ended in Dec. 2025 was A$22.8 Mil. Korvest's Revenue for the
six
months ended in Dec. 2025 was A$60.3 Mil. Therefore, Korvest's Gross Margin % for the quarter that ended in Dec. 2025 was 37.84%.
The historical rank and industry rank for Korvest's Gross Margin % or its related term are showing as below:
ASX:KOV'
s Gross Margin % Range Over the Past 10 Years
Min: 33.11 Med: 38.21 Max: 39.67
Current: 38.8
During the past 13 years, the highestGross Margin % of Korvest was 39.67%. The lowest was 33.11%. And the median was 38.21%.
ASX:KOV's Gross Margin % is ranked better than 76.85% of 2998
companies
in the Industrial Products industry
Industry Median: 26.84
vs ASX:KOV: 38.80
Korvest had a gross margin of 37.84% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Korvest was -0.60% per year.
Korvest (ASX:KOV) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Korvest had a gross margin of 37.84% for the quarter that ended in Dec. 2025 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Korvest Gross Margin % Related Terms
Korvest Gross Margin % Historical Data
* Premium members only.
The historical data trend for Korvest's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:KOV vs CRS, ATI, MLI: Gross Margin % Comparison
For the Metal Fabrication subindustry, Korvest's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Korvest Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Korvest's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Korvest's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Korvest (ASX:KOV) has a Gross Margin % of 37.84% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Korvest and its competitors. This is near median its historical median of 38.21. Over the past decade, Korvest's Gross Margin % has ranged from 33.11 to 39.67. According to the industry distribution chart, Korvest ranks #694 out of 2998 companies in the Industrial Products industry, placing it in the top 23.1%.
Is Korvest's Gross Margin % too high?
Korvest's current Gross Margin % of 37.84% is near median its 10-year median of 38.21. Over the past 10 years, this metric has ranged from a low of 33.11 to a high of 39.67. The Industrial Products industry median Gross Margin % is 26.84. Korvest's value of 37.84% is 41% above this industry median. Based on the distribution chart, Korvest ranks #694 out of 2998 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Korvest has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Korvest's Gross Margin % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Korvest ranks #694 out of 2998 companies for Gross Margin %. This places Korvest in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.84. Korvest's value of 37.84% is 41% above this benchmark. Historically, Korvest's own Gross Margin % has ranged from 33.11 to 39.67 over the past decade. While the company's 10-year median is 38.21 vs. the industry median of 26.84, Korvest has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.84, based on 2,998 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Korvest's current Gross Margin % of 37.84% is 41% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Korvest and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korvest's current Gross Margin % is 37.84%, which is near median its own 10-year median of 38.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korvest stock overvalued right now?
Based on GuruFocus' analysis, Korvest (ASX:KOV) is currently considered Significantly Overvalued. The stock's GF Value™ is A$11.29, compared to a current price of A$17.00 — trading 50.6% above its estimated fair value. The current Gross Margin % is 37.84%, which is near median its 10-year median of 38.21 and 41% above the Industrial Products industry median of 26.84. Korvest's overall GF Score™ is 73/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Korvest (ASX:KOV), the current Gross Margin % is 37.84% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Korvest (ASX:KOV) Overvalued in 2026?
Based on GuruFocus' analysis, Korvest stock appears to be overvalued.
The current stock price of A$17.00 is trading 50.6% above its estimated GF Value™ of A$11.29.
GuruFocus considers Korvest to be Significantly Overvalued.
Key valuation signals for ASX:KOV:
Gross Margin %: 37.84% (near median its 10-year median of 38.21)
GF Value™: A$11.29 vs. price of A$17.00 (50.6% above fair value)
Industry Position: 41% above the Industrial Products median (#694 of 2998)
No single metric tells the full story. See the ASX:KOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Korvest Ltd is an Australia-based company principally engaged in the industrial products manufacturing business. The activities of the Company consist of hot dip galvanizing, sheet metal fabrication, and the manufacture of cable and pipe support systems and fittings. The group has two reportable segments: The Industrial products Segment includes the manufacture of electrical and cable support systems, steel fabrication, and access systems which also includes the sale, hire, and repair of high torque tools; and the Production Segment, which provides hot dip galvanizing services. The company drives a majority of its revenue from the Industrial products segment.
73GF Score
Get the complete analysis for ASX:KOV
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:KOV has been successfully added to your 
