Comvita Limited Share Price and Company Fundamentals



Price
$3.2
Change
-0.030 (-0.929%)
52 week
2.98 - 3.49

Last traded: Today at 3:59 AM

Comvita Limited, together with its subsidiaries, engages in manufacturing and marketing natural health products in Australia, New Zealand, China, rest of Asia, North America, Europe, the Middle East, Africa, and internationally. The company offers Manuka honey, propolis, olive leaf extract, medihoney, gourmet honey, and elixirs and lozenges, as well as oral care and kids health products. It also provides solutions for digestive health, skin, heart health, and immune support. In addition, the company engages in the apiary ownership and management, property ownership, and IP ownership. Comvita Limited was incorporated in 1974 and is based in Te Puke, New Zealand.

Key Metrics

PE ratio

17.98

PB ratio

0.98

Dividend yield

1.70%

Beta

0.79

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Packaged Foods / Consumer Defensive
Full time employees 550
Website https://www.comvita.co.nz
Mailing address 23 Wilson Road South Paengaroa Private Bag 1 Te Puke 3153 New Zealand
Phone / Fax 64 7 533 1426 / 64 7 533 1118

Dividends

Dividend yield

1.70%

Dividend amount

$0.05

Payout ratio

35.85%

Comvita Limited paid $0.05 dividend and the ex-dividend date was 05 Apr 2023.The dividend payout ratio is 35.85%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CVT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CVT's forward dividend amount is $0.07 and the forward dividend yield is 2.06%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Mar 2023, following are the company executives and directors listed on Comvita Limited.

Name Title Age Total Pay
Mr. David Banfield CEO, MD & Director
Mr. Nigel Greenwood Chief Financial Officer
Ms. Tracey Brown Chief Operations Officer
Chris France Chief Technology Officer
Dr. Jackie Evans Chief Science Officer
Jodie Williams Investor Relations
Nigel King Chief Marketing Officer
Ms. Saada McNamee B.A. Chief Customer Officer
Mr. Adrian Barr Chief Bus. Devel. Officer
Ms. Holly Brown Chief Purpose & Transformation Officer

Profitability and management effectiveness

Profit margin

6.23%

Operating margin

11.31%

Return on assets

4.51%

Return on equity

5.92%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Comvita Limited is and its enterprise value is .

The CVT's stocks Beta value is 0.79 making it 21% less volatile compared to NZX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Comvita Limited (NZX:CVT) Frequently Asked Questions

1. What is Comvita Limited's Stock Symbol?

Comvita Limited trades on NZX under the ticker symbol "CVT".

2. What is Comvita Limited's stock price today?

One share of CVT stock can currently be purchased for approximately $3.2.

3. How can I contact Comvita Limited?

Comvita Limited's mailing address is 23 Wilson Road South Paengaroa Private Bag 1 Te Puke 3153 New Zealand. The company can be reached via phone at 64 7 533 1426.

4. What is Comvita Limited's official website?

The official website of Comvita Limited is https://www.comvita.co.nz.