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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.

Honey in the pot

Update | Food & Drink | 12/08/2015

Comvita (CVT) is on its way to achieving NZ$400m in sales revenue by FY20. It continues to benefit from locking in its honey supply and the investments it has made in enhanced production facilities and the rationalisation of its channels to market. Guidance for FY16 sales revenue of >NZ$180m and an increase in NPAT of 35% has seen us increase our forecast FY16 EPS by 4.4% to NZ$0.355/share and our valuation from NZ$4.73 to NZ$7.16. This, together with continued exploitation of operating leverage, should help the company achieve its stated+ objective of yearon- year increases in ROCE above the FY15 level of ~12%.

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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
SectorFood & Drink

Price performance

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* % Relative to local index

Company news


Mon, 16 Apr 2018 07:35:47 GMT


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Mon, 16 Apr 2018 06:06:55 GMT