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New Zealand King Salmon Investments ASX:NZK Stock Report

Last Price

AU$0.23

Market Cap

AU$112.2m

7D

9.8%

1Y

0%

Updated

28 Dec, 2024

Data

Company Financials +

New Zealand King Salmon Investments Limited

ASX:NZK Stock Report

Market Cap: AU$112.2m

NZK Stock Overview

Engages in the farming, processing, and sale of salmon products in New Zealand, North America, Australia, Japan, Europe, and internationally. More details

NZK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 82.4% below our estimate of its fair value

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 3.5% per year for the next 3 years

Does not have a meaningful market cap (A$124M)

Profit margins (12.1%) are lower than last year (20.7%)


My Notes

Capture your thoughts, links and company narrative

New Zealand King Salmon Investments Limited Competitors

FFI Holdings

ASX:FFI

AU$39.9m

Ricegrowers

ASX:SGLLV

AU$672.3m

Australian Agricultural

ASX:AAC

AU$846.9m

Inghams Group

ASX:ING

AU$1.2b

Price History & Performance

Summary of share price highs, lows and changes for New Zealand King Salmon Investments
Historical stock prices
Current Share PriceNZ$0.23
52 Week HighNZ$0.31
52 Week LowNZ$0.20
Beta0.67
1 Month Change9.76%
3 Month Change0%
1 Year Change0%
3 Year Change-81.41%
5 Year Change-88.64%
Change since IPO-78.57%

Recent News & Updates

Recent updates

Shareholder Returns

NZKAU FoodAU Market
7D9.8%2.7%2.4%
1Y0%9.0%7.7%

Return vs Industry: NZK underperformed the Australian Food industry which returned 9% over the past year.

Return vs Market: NZK underperformed the Australian Market which returned 7.7% over the past year.

Price Volatility

Is NZK's price volatile compared to industry and market?
NZK volatility
NZK Average Weekly Movement8.4%
Food Industry Average Movement6.4%
Market Average Movement8.0%
10% most volatile stocks in AU Market17.0%
10% least volatile stocks in AU Market3.0%

Stable Share Price: NZK has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: NZK's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008440Carl Carringtonwww.kingsalmon.co.nz

New Zealand King Salmon Investments Limited, together with its subsidiaries, engages in the farming, processing, and sale of salmon products in New Zealand, North America, Australia, Japan, Europe, and internationally. It offers whole fish, fillets, raw portions, cold smoked, wood roasted, salmon and potato cakes, caviar, oil, kibble, and pet treats, as well as ready to cook options. The company sells its products under the Ora King, Regal, Southern Ocean, Omega Plus, and New Zealand King Salmon brands to chefs, consumers, retailers, and wholesalers.

New Zealand King Salmon Investments Limited Fundamentals Summary

How do New Zealand King Salmon Investments's earnings and revenue compare to its market cap?
NZK fundamental statistics
Market capAU$112.22m
Earnings (TTM)AU$21.60m
Revenue (TTM)AU$178.83m

5.2x

P/E Ratio

0.6x

P/S Ratio

Is NZK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NZK income statement (TTM)
RevenueNZ$197.26m
Cost of RevenueNZ$134.39m
Gross ProfitNZ$62.88m
Other ExpensesNZ$39.05m
EarningsNZ$23.83m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.044
Gross Margin31.88%
Net Profit Margin12.08%
Debt/Equity Ratio1.6%

How did NZK perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 05:35
End of Day Share Price 2024/12/27 00:00
Earnings2024/07/31
Annual Earnings2024/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New Zealand King Salmon Investments Limited is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jack CrowleyCredit Suisse
Bei MargaretForsyth Barr Group Ltd.
Christian BellJarden Limited