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KSC

K&SASX:KSC Stock Report

Last Price

AU$1.62

Market Cap

AU$208.6m

7D

2.9%

1Y

19.1%

Updated

21 Jan, 2022

Data

Company Financials
KSC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends2/6

KSC Stock Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for K&S
Historical stock prices
Current Share PriceAU$1.62
52 Week HighAU$1.89
52 Week LowAU$1.30
Beta0.13
1 Month Change0.62%
3 Month Change-7.43%
1 Year Change19.12%
3 Year Change4.52%
5 Year Change1.25%
Change since IPO241.06%

Recent News & Updates

Nov 10
K&S (ASX:KSC) Has A Somewhat Strained Balance Sheet

K&S (ASX:KSC) Has A Somewhat Strained Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Sep 24
K&S (ASX:KSC) Is Increasing Its Dividend To AU$0.035

K&S (ASX:KSC) Is Increasing Its Dividend To AU$0.035

K&S Corporation Limited ( ASX:KSC ) will increase its dividend on the 3rd of November to AU$0.035. This takes the...

Sep 10
K&S (ASX:KSC) Has Announced That It Will Be Increasing Its Dividend To AU$0.035

K&S (ASX:KSC) Has Announced That It Will Be Increasing Its Dividend To AU$0.035

K&S Corporation Limited ( ASX:KSC ) has announced that it will be increasing its dividend on the 3rd of November to...

Aug 27
K&S (ASX:KSC) Has Announced That It Will Be Increasing Its Dividend To AU$0.035

K&S (ASX:KSC) Has Announced That It Will Be Increasing Its Dividend To AU$0.035

K&S Corporation Limited's ( ASX:KSC ) dividend will be increasing to AU$0.035 on 3rd of November. This makes the...

Shareholder Returns

KSCAU LogisticsAU Market
7D2.9%-5.3%-2.8%
1Y19.1%25.9%5.8%

Return vs Industry: KSC underperformed the Australian Logistics industry which returned 26.6% over the past year.

Return vs Market: KSC exceeded the Australian Market which returned 8.4% over the past year.

Price Volatility

Is KSC's price volatile compared to industry and market?
KSC volatility
KSC Average Weekly Movementn/a
Logistics Industry Average Movement5.2%
Market Average Movement8.6%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

Stable Share Price: Insufficient data to determine KSC's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine KSC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19451,972Paul Saranthttps://www.ksgroup.com.au

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 through three segments: Australian Transport, Fuels, and New Zealand Transport. It provides road, rail, and coastal sea forwarding for full and break bulk loads, including export packing, wharf lodgement, and the delivery of integrated supply chain and system solutions; remote, regional, and metro bulk fuel, oil, and gas transportation and distribution services; and dry and liquid bulk transportation services to mining, sugar, cement, and fertilizer industries.

K&S Fundamentals Summary

How do K&S's earnings and revenue compare to its market cap?
KSC fundamental statistics
Market CapAU$208.63m
Earnings (TTM)AU$18.12m
Revenue (TTM)AU$691.95m

11.5x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KSC income statement (TTM)
RevenueAU$691.95m
Cost of RevenueAU$586.83m
Gross ProfitAU$105.12m
ExpensesAU$87.00m
EarningsAU$18.12m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Feb 23, 2022

Earnings per share (EPS)0.14
Gross Margin15.19%
Net Profit Margin2.62%
Debt/Equity Ratio18.2%

How did KSC perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

46%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KSC (A$1.62) is trading below our estimate of fair value (A$7.34)

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 (11.5x) compared to the Oceanic Logistics industry average (19.7x).

PE vs Market: KSC is good value based on its PE Ratio (11.5x) compared to the Australian market (18.8x).


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's PB Ratio (0.8x) is in line with the XO Logistics industry average.


Future Growth

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

9.5%

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?

64.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KSC has high quality earnings.

Growing Profit Margin: KSC's current net profit margins (2.6%) are higher than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: KSC has become profitable over the past 5 years, growing earnings by 64.2% per year.

Accelerating Growth: KSC's earnings growth over the past year (62.9%) is below its 5-year average (64.2% per year).

Earnings vs Industry: KSC earnings growth over the past year (62.9%) exceeded the Logistics industry 58.3%.


Return on Equity

High ROE: KSC's Return on Equity (6.7%) is considered low.


Financial Health

How is K&S's financial position?


Financial Position Analysis

Short Term Liabilities: KSC's short term assets (A$135.8M) exceed its short term liabilities (A$121.9M).

Long Term Liabilities: KSC's short term assets (A$135.8M) exceed its long term liabilities (A$135.2M).


Debt to Equity History and Analysis

Debt Level: KSC's net debt to equity ratio (9.9%) is considered satisfactory.

Reducing Debt: KSC's debt to equity ratio has increased from 10.3% to 18.2% over the past 5 years.

Debt Coverage: KSC's debt is well covered by operating cash flow (153.9%).

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


Balance Sheet


Dividend

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

4.32%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KSC's dividend (4.32%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: KSC's dividend (4.32%) is low compared to the top 25% of dividend payers in the Australian market (5.48%).


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 (46.2%), 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

Management

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

7.2yrs

Average management tenure


CEO

Paul Sarant (53 yo)

7.75yrs

Tenure

AU$1,129,438

Compensation

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 ($USD820.57K) is above average for companies of similar size in the Australian market ($USD502.85K).

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 (7.2 years average tenure).


Board Members

Experienced Board: KSC's board of directors are considered experienced (5.7 years average tenure).


Ownership

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 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
  • Implied Market Cap: AU$208.632m
  • Shares outstanding: 128.79m
  • Website: https://www.ksgroup.com.au

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 15:33
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.