47LOW

KOV

KORVEST FPO [KOV]
Korvest Ltd manufactures and supplies cable and pipe support systems, fastening solutions, and galvanising services in Australia. It operates through two segments, Industrial Products and Production. The company offers electrical and cable support systems, including channel, cable trays, cable ladders, and cable mesh and ducts; and general and heavy duty pipe clamps and hangers, as well as specialist pipe supports products, other fittings, fasteners, and clamping components under the EzyStrut brand for major infrastructure developments, electrical wholesalers, and contractors for small industrial developments. It also provides hot dip galvanising services and sheet metal fabrication services under the Korvest Galvanisers brand. The company serves various sectors, such as infrastructure, commercial, utilities, mining, data centres, food processing, oil and gas, power stations, health, industrial, petrochemical, communications, civil engineering, commercial construction, water, and energy. Korvest Ltd was incorporated in 1970 and is based in Kilburn, Australia.
Industrials · ASX Small Cap
$13.5200 -2.4%

Updated 24 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical47
Catalyst53
Sentiment50
Fundamental84
Momentum82
Risk Gate50

Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD momentum is losing steam
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Sitting right at the lower Bollinger Band — oversold and potentially ready to snap back
  • Above-average volume (1.8x) on a red day — sellers in control
  • Sitting near support — this level has held before and could attract buyers again
  • Took a hit — down 12.1% over the last 5 days
  • Volatility is expanding fast — choppy price action, so buckle up
  • Trading above the 200-day average — the long-term trend is on your side
  • Cash positive / operating cashflow positive
  • Low P/S ratio (1.3x)
  • Moderate revenue growth (+18%)
  • Piotroski F-Score strong (8/9, low-confidence approx)
  • EPS estimates revised downward (-6pts)
  • Post-earnings drift: positive surprise (SUE +5)
  • Substantial holder(s) ceased (1)
  • CANSLIM C: Strong EPS growth (33% QoQ)
  • Strong return on equity (26%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 62% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 1.8 means strong gains without wild swings
  • Earnings are trending the right way — 2 consecutive improvements
  • RBA hiking (-3pts)
  • Overseas risk_off (-3pts, S&P500 down, VIX 26)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • ASX200 bearish (-3.0% 5d)

Recent Catalysts

NONE Application for quotation of securities - KOV
HIGH Ceasing to be a substantial holder from PPT
Announcement tone +3pts

Recent ASX Announcements

2026-03-13 Application for quotation of securities - KOV
2026-01-27 Ceasing to be a substantial holder from PPT

Key Metrics

$162.1M
Market Cap
8K
Avg Volume
1.8x
Vol Ratio
$9.05 — $16.70
52-Week Range
N/A
Short Interest
N/A
Cash Runway
25.6%
ROE
11.2%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSpassEPS Growth: 33%
AAnnual EarningsneutralCAGR: 5%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 81%
LLeader vs LaggardlaggardRS: -0
IInstitutional SponsorshipweakInst: 6%
MMarket DirectioncautionBearish

Sector: Industrials

Ranked #24 of 97 · Sector avg: 43

View all Industrials signals →
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