Korvest (ASX:KOV) 3-1 Month Momentum %: 18.06% (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ASX:KOV Korvest Ltd ASX:KOV
65 GF Score
Price A$19.24
GF Value A$12.80
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Korvest 3-1 Month Momentum %?

Korvest ASX:KOV +1.80% 65 3-1 Month Momentum % is 18.06% as of Aug. 08, 2026. GuruFocus rates ASX:KOV with a GF Score™ of 65/100 and a GF Value™ of A$12.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,068 Industrial Products companies, Korvest ranks better than 79.34% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-08), Korvest's 3-1 Month Momentum % is 18.06%.

The industry rank for Korvest's 3-1 Month Momentum % or its related term are showing as below:

ASX:KOV's 3-1 Month Momentum % is ranked better than
79.34% of 3068 companies
in the Industrial Products industry
Industry Median: -5.15 vs ASX:KOV: 18.06

Korvest  (ASX:KOV) 3-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Korvest 3-1 Month Momentum % Related Terms


ASX:KOV vs CRS, ATI, MLI: 3-1 Month Momentum % Comparison

For the Metal Fabrication subindustry, Korvest's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % 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 3-1 Month Momentum % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Korvest's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Korvest's 3-1 Month Momentum % falls into.


ASX:KOV
65GF Score
Korvest Ltd ASX:KOV
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Korvest  (ASX:KOV) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-month ago - 1 ) * 100 %

* 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.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of 18.06% mean?
Korvest (ASX:KOV) has a 3-1 Month Momentum % of 18.06% as of Aug. 08, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Korvest and its competitors. According to the industry distribution chart, Korvest ranks #634 out of 3068 companies in the Industrial Products industry, placing it in the top 20.7%.
Is Korvest's 3-1 Month Momentum % too high?
Korvest's current 3-1 Month Momentum % is 18.06%. Based on the distribution chart, Korvest ranks #634 out of 3068 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 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Korvest's 3-1 Month Momentum % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Korvest ranks #634 out of 3068 companies for 3-1 Month Momentum %. This places Korvest in the top 21% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for an Industrial Products company?
A good 3-1 Month Momentum % depends on the Industrial Products industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Korvest and its competitors. Korvest's current 3-1 Month Momentum % is 18.06%. 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$12.80, compared to a current price of A$19.24 — trading 50.3% above its estimated fair value. The current 3-1 Month Momentum % is 18.06%. Korvest's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Korvest (ASX:KOV), the current 3-1 Month Momentum % is 18.06% as of Aug. 08, 2026. 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$19.24 is trading 50.3% above its estimated GF Value™ of A$12.80. GuruFocus considers Korvest to be Significantly Overvalued.

Key valuation signals for ASX:KOV:

  • 3-1 Month Momentum %: 18.06%
  • GF Value™: A$12.80 vs. price of A$19.24 (50.3% above fair value)
  • GF Score™: 65/100 with 5 warning signs

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 Business Description

Address 580 Prospect Road, Kilburn, Adelaide, SA, AUS, 5084
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.
65GF Score

Get the complete analysis for ASX:KOV

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$19.24
Price
A$12.80
GF Value