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KOV.AX$20.09+2.03%
Fair $20.09+0.0%

KOV.AX

Korvest Ltd

Industrials / Metal FabricationASX

$20.09

+0.40 (+2.03%)

Fairly Valued+0.0%Fair Value $20.09Fund rank 34/100 · Data gapFallback financials|
SA 75/B
F-Score: 5/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 25% · confianza 25%

FCF escenarios

weak_data · normalized FCF $13.1M · quality 68.7/100

Data gap 34/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 59/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

75/100

B

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · KOV.AXLocal privado en este navegador · Korvest Ltd
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$238M

P/E

16.3x

↓

EV/EBITDA

12.8x

↑

ROE

21.6%

↑

Gross Margin

38.3%

↑

Debt/Equity

0.16

↓
52-Week Range$20
$10$21

TradingView lightweight chart

KOV.AX price, volumen y niveles de valoración

Último $20.09Periodo +1132.5%
Fair value: $20.09

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+6.4%

FCF CAGR

+99.9%

FCF margin

12.5%

FCF / Net income

1.14x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $119.6M · net income $13.2M · FCF $15.0M

2022-FY → 2025-FY

Gross margin

38.3%+2.0% pts

Operating margin

12.5%-0.6% pts

Net margin

11.0%-0.4% pts

FCF margin

12.5%+10.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$119.6M$119.6M$102.9M$107.5M$99.2M
Net Income$13.2M$13.2M$11.0M$11.2M$11.3M
EBITDA$18.3M$18.3M$15.5M$16.1M$15.2M
EPS1.111.110.940.950.98
Gross Margin38.3%38.3%39.1%36.4%36.3%
Operating Margin12.5%12.5%12.2%12.8%13.1%
Net Margin11.0%11.0%10.7%10.4%11.4%
Balance Sheet
Debt/Equity0.160.160.180.110.12
Current Ratio3.273.27———
Cash Flow
Free Cash Flow$15.0M$15.0M$5.8M$13.1M$1.9M
Returns
ROE21.6%21.6%20.7%22.8%25.9%
Valuation
P/E16.3316.339.798.207.46
EV/EBITDA12.8312.837.165.465.70
P/B3.913.912.021.871.93
Growth & Yield
Revenue Growth16.2%16.2%-4.3%8.3%—
EPS Growth18.4%18.4%-1.6%-2.3%—
Dividend Yield3.3%3.3%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

17.0%

exigente

EPS terminal req.

$1.78

Spread vs growth

1.4%

5Y implied EPS CAGR

14.1%

razonable

EPS terminal req.

$2.16

Spread vs growth

4.3%

10Y implied EPS CAGR

12.1%

razonable

EPS terminal req.

$3.47

Spread vs growth

6.3%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +89.3%

Total return

+89.3%

Start / end P/E

11.5x → 18.1x

EPS bridge

0.94 → 1.11

Residual

+10.5%

EPS growth+18.4%
Multiple rerating+57.1%
Dividend+3.3%
Residual / FX / buybacks / cross-term+10.5%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.