Comvita Limited Share Price and Company Fundamentals
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.
|Industry / Sector||Packaged Foods / Consumer Defensive|
|Full time employees||550|
|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|
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.
As of Mar 2023, following are the company executives and directors listed on Comvita Limited.
|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
Return on assets
Return on equity
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.