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Korvest (ASX:KOV) Price-to-Owner-Earnings : 8.76 (As of May. 25, 2024)


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What is Korvest Price-to-Owner-Earnings?

As of today (2024-05-25), Korvest's share price is A$9.02. Korvest's Owner Earnings per Share (TTM) ended in Jun. 2023 was A$1.03. It's Price-to-Owner-Earnings for today is 8.76.


The historical rank and industry rank for Korvest's Price-to-Owner-Earnings or its related term are showing as below:

ASX:KOV' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 5.42   Med: 11.15   Max: 25.99
Current: 8.59

During the past 13 years, the highest Price-to-Owner-Earnings of Korvest was 25.99. The lowest was 5.42. And the median was 11.15.


ASX:KOV's Price-to-Owner-Earnings is ranked better than
82.18% of 1392 companies
in the Industrial Products industry
Industry Median: 23.27 vs ASX:KOV: 8.59

As of today (2024-05-25), Korvest's share price is A$9.02. Korvest's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.05. Therefore, Korvest's PE Ratio for today is 8.56.

As of today (2024-05-25), Korvest's share price is A$9.02. Korvest's EPS without NRI for the trailing twelve months (TTM) ended in was A$1.05. Therefore, Korvest's PE Ratio without NRI for today is 8.56.

During the past 13 years, Korvest's highest PE Ratio without NRI was 32.02. The lowest was 5.50. And the median was 12.61.


Korvest Price-to-Owner-Earnings Historical Data

The historical data trend for Korvest's Price-to-Owner-Earnings 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.

* Premium members only.

Korvest Price-to-Owner-Earnings Chart

Korvest Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.60 8.83 7.77 6.66 7.56

Korvest Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 6.66 - 7.56 -

Competitive Comparison of Korvest's Price-to-Owner-Earnings

For the Metal Fabrication subindustry, Korvest's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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's Price-to-Owner-Earnings Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Korvest's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Korvest's Price-to-Owner-Earnings falls into.



Korvest Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Korvest's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=9.02/1.03
=8.76

* 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.


Korvest  (ASX:KOV) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Korvest Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Korvest's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Korvest (ASX:KOV) Business Description

Traded in Other Exchanges
N/A
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.

Korvest (ASX:KOV) Headlines

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