Stock Analysis Report

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Last Updated

2021/06/24 08:15 UTC

Data Sources

Company Financials

Executive Summary

K&S Corporation Limited provides transportation and logistics, contract management, warehousing and distribution, and fuel distribution services primarily in Australia and New Zealand. More Details

Snowflake Analysis

Undervalued with adequate balance sheet.

Share Price & News

How has K&S's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: KSC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: KSC's weekly volatility (8%) has been stable over the past year.

Market Performance

7 Day Return




AU Logistics


AU Market

1 Year Return




AU Logistics


AU Market

Return vs Industry: KSC underperformed the Australian Logistics industry which returned 84.5% over the past year.

Return vs Market: KSC exceeded the Australian Market which returned 29.1% over the past year.

Shareholder returns

7 Day4.7%1.8%-0.8%
30 Day-9.2%3.9%2.7%
90 Day27.3%13.4%6.7%
1 Year40.4%34.4%87.6%84.5%33.3%29.1%
3 Year13.9%5.0%137.1%121.1%32.9%17.2%
5 Year42.6%27.3%110.5%86.2%69.8%38.1%

Long-Term Price Volatility Vs. Market

How volatile is K&S's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is K&S undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: KSC (A$1.68) is trading below our estimate of fair value (A$29.01)

Significantly Below Fair Value: KSC is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: KSC is good value based on its PE Ratio (8.3x) compared to the Oceanic Logistics industry average (11.8x).

PE vs Market: KSC is good value based on its PE Ratio (8.3x) compared to the Australian market (20.4x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KSC's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: KSC is good value based on its PB Ratio (0.8x) compared to the XO Logistics industry average (1.8x).

Future Growth

How is K&S forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Transportation industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as K&S has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has K&S performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KSC has high quality earnings.

Growing Profit Margin: KSC became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: KSC has become profitable over the past 5 years, growing earnings by 73.6% per year.

Accelerating Growth: KSC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: KSC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Logistics industry (14.2%).

Return on Equity

High ROE: KSC's Return on Equity (9.5%) is considered low.

Financial Health

How is K&S's financial position?

Financial Position Analysis

Short Term Liabilities: KSC's short term assets (A$125.2M) exceed its short term liabilities (A$121.7M).

Long Term Liabilities: KSC's short term assets (A$125.2M) do not cover its long term liabilities (A$146.4M).

Debt to Equity History and Analysis

Debt Level: KSC's debt to equity ratio (23.1%) is considered satisfactory.

Reducing Debt: KSC's debt to equity ratio has increased from 13.2% to 23.1% over the past 5 years.

Debt Coverage: KSC's debt is well covered by operating cash flow (155.3%).

Interest Coverage: KSC's interest payments on its debt are well covered by EBIT (4.9x coverage).

Balance Sheet


What is K&S current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: KSC's dividend (3.57%) is higher than the bottom 25% of dividend payers in the Australian market (1.99%).

High Dividend: KSC's dividend (3.57%) is low compared to the top 25% of dividend payers in the Australian market (5.04%).

Stability and Growth of Payments

Stable Dividend: KSC's dividend payments have been volatile in the past 10 years.

Growing Dividend: KSC's dividend payments have fallen over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29.8%), KSC's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Paul Sarant (52 yo)





Mr. Paul Sarant, B.Eng has been Chief Executive Officer and Managing Director of K&S Corporation Limited since April 22, 2014. Mr. Sarant served as Executive General Manager of DTM at K&S Corporation Limit...

CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD840.36K) is above average for companies of similar size in the Australian market ($USD491.34K).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: KSC's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Experienced Board: KSC's board of directors are considered experienced (7.2 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

K&S Corporation Limited's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: K&S Corporation Limited
  • Ticker: KSC
  • Exchange: ASX
  • Founded: 1945
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: AU$216.360m
  • Shares outstanding: 128.79m
  • Website:

Number of Employees


  • K&S Corporation Limited
  • 591 Boundary Road
  • Truganina
  • Victoria
  • 3029
  • Australia



K&S Corporation Limited provides transportation and logistics, contract management, warehousing and distribution, and fuel distribution services primarily in Australia and New Zealand. The company operates...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/24 08:15
End of Day Share Price2021/06/23 00:00
Annual Earnings2020/06/30

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.