| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
SFG Overview
Seafarms Group Limited operates as an aquaculture company in Australia.
Seafarms Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.048 |
| 52 Week High | AU$0.047 |
| 52 Week Low | AU$0.11 |
| Beta | 1.1 |
| 1 Month Change | -21.31% |
| 3 Month Change | -11.11% |
| 1 Year Change | -56.36% |
| 3 Year Change | -63.08% |
| 5 Year Change | -46.67% |
| Change since IPO | -84.08% |
Recent News & Updates
Does Seafarms Group (ASX:SFG) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Shareholder Returns
| SFG | AU Food | AU Market | |
|---|---|---|---|
| 7D | -4.0% | -0.1% | 1.7% |
| 1Y | -56.4% | 0.8% | 20.3% |
Return vs Industry: SFG underperformed the Australian Food industry which returned 0.8% over the past year.
Return vs Market: SFG underperformed the Australian Market which returned 20.3% over the past year.
Price Volatility
| SFG volatility | |
|---|---|
| SFG Beta | 1.1 |
| Industry Beta | 0.54 |
| Market Beta | 1 |
Stable Share Price: SFG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SFG's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | n/a | Mick McMahon | https://www.seafarms.com.au |
Seafarms Group Limited operates as an aquaculture company in Australia. It is involved in operating, marketing, and selling of fresh and frozen farmed prawns under the Crystal Bay Prawns and Crystal Bay Tiger Prawns brand; and the development of land-based aquaculture projects. It also exports its products.
Seafarms Group Fundamentals Summary
| SFG fundamental statistics | |
|---|---|
| Market Cap | AU$236.98m |
| Earnings (TTM) | -AU$25.76m |
| Revenue (TTM) | AU$21.00m |
11.1x
P/S Ratio-9.0x
P/E RatioIs SFG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SFG income statement (TTM) | |
|---|---|
| Revenue | AU$21.00m |
| Cost of Revenue | AU$18.59m |
| Gross Profit | AU$2.41m |
| Expenses | AU$28.16m |
| Earnings | -AU$25.76m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0053 |
| Gross Margin | 11.47% |
| Net Profit Margin | -122.67% |
| Debt/Equity Ratio | 537.6% |
How did SFG perform over the long term?
See historical performance and comparisonValuation
Is Seafarms Group undervalued compared to its fair value and its price relative to the market?
46.15x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SFG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SFG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SFG is unprofitable, so we can't compare its PE Ratio to the Australian Food industry average.
PE vs Market: SFG is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SFG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SFG is overvalued based on its PB Ratio (46.2x) compared to the AU Food industry average (1.6x).
Future Growth
How is Seafarms Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.7%
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Seafarms Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Seafarms Group performed over the past 5 years?
-7.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFG is currently unprofitable.
Growing Profit Margin: SFG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SFG is unprofitable, and losses have increased over the past 5 years at a rate of 7.2% per year.
Accelerating Growth: Unable to compare SFG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SFG is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).
Return on Equity
High ROE: SFG has a negative Return on Equity (-511.65%), as it is currently unprofitable.
Financial Health
How is Seafarms Group's financial position?
Financial Position Analysis
Short Term Liabilities: SFG's short term assets (A$16.1M) do not cover its short term liabilities (A$40.6M).
Long Term Liabilities: SFG's short term assets (A$16.1M) do not cover its long term liabilities (A$18.6M).
Debt to Equity History and Analysis
Debt Level: SFG's debt to equity ratio (537.6%) is considered high.
Reducing Debt: SFG's debt to equity ratio has increased from 33.6% to 537.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SFG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SFG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.7% each year
Dividend
What is Seafarms Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SFG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SFG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SFG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SFG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SFG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.08yrs
Average management tenure
CEO
Mick McMahon (58 yo)
0.083
Tenure
Mr. Michael Peter McMahon, also known as Mick, B.Econ., serves as Chief Executive Officer at Seafarms Group Limited since September 20, 2021. He serves as an Independent Non-Executive Chairman of the Board...
Leadership Team
Experienced Management: SFG's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.
Board Members
Experienced Board: SFG's board of directors are seasoned and experienced ( 15 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 99.6%.
Top Shareholders
Company Information
Seafarms Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Seafarms Group Limited
- Ticker: SFG
- Exchange: ASX
- Founded: 1988
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$236.982m
- Shares outstanding: 4.84b
- Website: https://www.seafarms.com.au
Location
- Seafarms Group Limited
- 225 St Georges Terrace
- Level 11
- Perth
- Western Australia
- 6000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/19 07:04 |
| End of Day Share Price | 2021/10/19 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.