Buy Or Sell Opportunity • Jul 30
Now 22% overvalued Over the last 90 days, the stock has fallen 4.7% to AU$3.04. The fair value is estimated to be AU$2.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.7% over the last 3 years, while earnings per share has been flat. 공고 • Jul 28
K&S Corporation Limited to Report Fiscal Year 2026 Results on Aug 25, 2026 K&S Corporation Limited announced that they will report fiscal year 2026 results on Aug 25, 2026 Buy Or Sell Opportunity • Jul 15
Now 21% overvalued Over the last 90 days, the stock has fallen 5.0% to AU$3.03. The fair value is estimated to be AU$2.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.7% over the last 3 years, while earnings per share has been flat. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Rob Dalton was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Rob Dalton was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공고 • Nov 25
K&S Corporation Limited to Report First Half, 2026 Results on Feb 24, 2026 K&S Corporation Limited announced that they will report first half, 2026 results on Feb 24, 2026 공고 • Oct 22
K&S Corporation Limited, Annual General Meeting, Nov 25, 2025 K&S Corporation Limited, Annual General Meeting, Nov 25, 2025. Location: at 591 boundary road, truganina, victoria, Australia Declared Dividend • Aug 27
Final dividend of AU$0.08 announced Dividend of AU$0.08 is the same as last year. Ex-date: 16th October 2025 Payment date: 4th November 2025 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. 공고 • Aug 25
K&S Corporation Limited Announces Dividend for the Period of Six Months Ending June 30,2025, Payable on November 4, 2025 K&S Corporation Limited announced dividend of AUD 0.08000000 for the period of six months ending June 30,2025. Ex date: October 16, 2025, Record date: October 17, 2025. Payment date: November 4, 2025. Board Change • Aug 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Rob Dalton was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공고 • Mar 27
K&S Corporation Limited (ASX:KSC) announces an Equity Buyback. K&S Corporation Limited (ASX:KSC) announces a share repurchase program. Under the offer, the company will repurchase from the shareholders who hold less than AUD 500 worth of shares. The shares will be repurchased at AUD 3.601 per share. The repurchased shares will be cancelled. The record date for the offer is March 21, 2025. The offer will be valid till May 12, 2025. Board Change • Dec 24
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Rob Dalton was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 10
Upcoming dividend of AU$0.08 per share Eligible shareholders must have bought the stock before 17 October 2024. Payment date: 04 November 2024. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Australian dividend payers (6.0%). Higher than average of industry peers (2.8%). Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Rob Dalton was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Aug 29
Final dividend of AU$0.08 announced Dividend of AU$0.08 is the same as last year. Ex-date: 17th October 2024 Payment date: 4th November 2024 Dividend yield will be 5.5%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 65% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 28
Full year 2024 earnings released: EPS: AU$0.23 (vs AU$0.21 in FY 2023) Full year 2024 results: EPS: AU$0.23 (up from AU$0.21 in FY 2023). Revenue: AU$834.0m (down 1.8% from FY 2023). Net income: AU$31.2m (up 9.1% from FY 2023). Profit margin: 3.7% (up from 3.4% in FY 2023). The increase in margin was driven by lower expenses. 공고 • Aug 27
K&S Corporation Limited Declares Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on 4 November 2024 K&S Corporation Limited announced ordinary fully franked ordinary dividend of AUD 0.08000000 per share for the six months ended June 30, 2024. Ex-date is October 17, 2024. Record date is October 18, 2024. Payment date is November 4, 2024. Upcoming Dividend • Mar 14
Upcoming dividend of AU$0.10 per share Eligible shareholders must have bought the stock before 21 March 2024. Payment date: 03 April 2024. Payout ratio is on the higher end at 84%, and the cash payout ratio is above 100%. Trailing yield: 5.6%. Lower than top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (3.1%). Declared Dividend • Feb 23
First half dividend of AU$0.10 announced Shareholders will receive a dividend of AU$0.10. Ex-date: 21st March 2024 Payment date: 3rd April 2024 Dividend yield will be 6.1%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 3.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Oct 12
Upcoming dividend of AU$0.08 per share at 7.3% yield Eligible shareholders must have bought the stock before 18 October 2023. Payment date: 03 November 2023. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 7.3%. Within top quartile of Australian dividend payers (7.2%). Higher than average of industry peers (3.3%). Reported Earnings • Aug 23
Full year 2023 earnings released: EPS: AU$0.21 (vs AU$0.13 in FY 2022) Full year 2023 results: EPS: AU$0.21 (up from AU$0.13 in FY 2022). Revenue: AU$848.9m (up 9.4% from FY 2022). Net income: AU$28.6m (up 64% from FY 2022). Profit margin: 3.4% (up from 2.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. 공고 • Aug 22
K&S Corporation Limited Declares Fully Franked Dividend for the Six Months Ended June 30, 2023, Payable on 3 November 2023 K&S Corporation Limited announced ordinary fully franked ordinary dividend of AUD 0.08000000 per share for the six months ended June 30, 2023. Ex-date is October 18, 2023. Record date is October 19, 2023. Payment date is November 3, 2023. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$2.50, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 12x in the Logistics industry in Oceania. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to AU$2.16, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 12x in the Logistics industry in Oceania. Upcoming Dividend • Mar 14
Upcoming dividend of AU$0.10 per share at 8.0% yield Eligible shareholders must have bought the stock before 21 March 2023. Payment date: 03 April 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 8.0%. Within top quartile of Australian dividend payers (7.1%). Higher than average of industry peers (3.1%). Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$2.64, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 14x in the Logistics industry in Oceania. Reported Earnings • Feb 22
First half 2023 earnings released: EPS: AU$0.12 (vs AU$0.064 in 1H 2022) First half 2023 results: EPS: AU$0.12 (up from AU$0.064 in 1H 2022). Revenue: AU$439.7m (up 17% from 1H 2022). Net income: AU$15.4m (up 81% from 1H 2022). Profit margin: 3.5% (up from 2.3% in 1H 2022). The increase in margin was driven by higher revenue.