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Comvita (CVTterminated)

Business description

Covata's SafeShare software enables users to share data securely within their businesses as well as with external parties. The software uses identity, policy and key management to protect data wherever it goes. The company is headquartered in Australia and post the CipherPoint acquisition has 22 employees.

Looking sweet

Update | Food & Drink | 01/06/2015

Comvita (CVT) has locked up about half its requisite honey supply through acquisitions and investments in apiaries. This, together with investment in augmented production facilities, the rationalisation of its channels to market, and optimising the product mix, should see CVT continue to expand its margins and lift its return on invested capital (ROCE) above the current level of ~12%. Our valuation of NZ$4.73 would increase to NZ$5.96 if the EBITDA margin was to rise from the current level of 14.9% to 18% over the next three years.

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Stock data

Market cap.NZ$0m
Last closeNZ$
High / Low (52 weeks)NZ$ / NZ$
Stock market listingNZ
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamConsumer
SectorFood & Drink

Price performance

%1m3m12m
Actual
Relative *

* % Relative to local index

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