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KorvestASX:KOV -4.76%73 ROE % is 17.94% as of Dec. 2025, which is 18% above its 10-year median of 15.17. GuruFocus rates ASX:KOV with a GF Score™ of 73/100 and a GF Value™ of A$11.28 (Significantly Overvalued). Among 3,004 Industrial Products companies, Korvest ranks better than 93.74% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Korvest's annualized net income for the quarter that ended in Dec. 2025 was A$10.9 Mil. Korvest's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was A$60.7 Mil. Therefore, Korvest's annualized ROE % for the quarter that ended in Dec. 2025 was 17.94%.
The historical rank and industry rank for Korvest's ROE % or its related term are showing as below:
ASX:KOV'
s ROE % Range Over the Past 10 Years
Min: -5.12 Med: 15.17 Max: 28.43
Current: 24.97
During the past 13 years, Korvest's highest ROE % was 28.43%. The lowest was -5.12%. And the median was 15.17%.
ASX:KOV's ROE % is ranked better than 93.74% of 3004
companies
in the Industrial Products industry
Industry Median: 5.845
vs ASX:KOV: 24.97
Korvest (ASX:KOV) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Korvest ROE % Related Terms
Korvest ROE % Historical Data
* Premium members only.
The historical data trend for Korvest's ROE % 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.
For the Metal Fabrication subindustry, Korvest's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Korvest's ROE % distribution charts can be found below:
* The bar in red indicates where Korvest's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Korvest (ASX:KOV) has a ROE % of 17.94% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Korvest and its competitors. This is 18% above median its historical median of 15.17. According to the industry distribution chart, Korvest ranks #188 out of 3004 companies in the Industrial Products industry, placing it in the top 6.3%.
Is Korvest's ROE % too high?
Korvest's current ROE % of 17.94% is 18% above median its 10-year median of 15.17. The Industrial Products industry median ROE % is 5.85. Korvest's value of 17.94% is 206.9% above this industry median. Based on the distribution chart, Korvest ranks #188 out of 3004 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 ROE % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Korvest ranks #188 out of 3004 companies for ROE %. This places Korvest in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 5.85. Korvest's value of 17.94% is 206.9% above this benchmark. While the company's 10-year median is 15.17 vs. the industry median of 5.85, 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 ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,004 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Korvest's current ROE % of 17.94% is 206.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Korvest and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korvest's current ROE % is 17.94%, which is 18% above median its own 10-year median of 15.17. 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$11.28, compared to a current price of A$17.02 — trading 50.9% above its estimated fair value. The current ROE % is 17.94%, which is 18% above median its 10-year median of 15.17 and 206.9% above the Industrial Products industry median of 5.85. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Korvest (ASX:KOV), the current ROE % is 17.94% 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$17.02 is trading 50.9% above its estimated GF Value™ of A$11.28.
GuruFocus considers Korvest to be Significantly Overvalued.
Key valuation signals for ASX:KOV:
ROE %: 17.94% (18% above median its 10-year median of 15.17)
GF Value™: A$11.28 vs. price of A$17.02 (50.9% above fair value)
Industry Position: 206.9% above the Industrial Products median (#188 of 3004)
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
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