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SFG

Seafarms GroupASX:SFG Stock Report

Market Cap

AU$149.9m

7D

-10.8%

1Y

-65.3%

Updated

07 Dec, 2021

Data

Company Financials
SFG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

SFG Stock Overview

Seafarms Group Limited operates as an aquaculture company in Australia.

Seafarms Group Competitors

Inghams Group

ASX:ING

AU$1.3b

Australian Agricultural

ASX:AAC

AU$840.9m

Tassal Group

ASX:TGR

AU$702.8m

Murray Cod Australia

ASX:MCA

AU$217.4m

Price History & Performance

Summary of all time highs, changes and price drops for Seafarms Group
Historical stock prices
Current Share PriceAU$0.033
52 Week HighAU$0.10
52 Week LowAU$0.029
Beta1.11
1 Month Change-8.33%
3 Month Change-49.23%
1 Year Change-65.26%
3 Year Change-71.30%
5 Year Change-58.23%
Change since IPO-89.05%

Recent News & Updates

Mar 22
Does Seafarms Group (ASX:SFG) Have A Healthy Balance Sheet?

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

SFGAU FoodAU Market
7D-10.8%-2.4%-0.9%
1Y-65.3%-4.3%8.9%

Return vs Industry: SFG underperformed the Australian Food industry which returned -4.3% over the past year.

Return vs Market: SFG underperformed the Australian Market which returned 8.9% over the past year.

Price Volatility

Is SFG's price volatile compared to industry and market?
SFG volatility
SFG Average Weekly Movement9.5%
Food Industry Average Movement7.3%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.6%
10% least volatile stocks in AU Market3.7%

Stable Share Price: SFG is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: SFG's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988n/aMick McMahonhttps://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

How do Seafarms Group's earnings and revenue compare to its market cap?
SFG fundamental statistics
Market CapAU$149.93m
Earnings (TTM)-AU$25.76m
Revenue (TTM)AU$21.00m

7.6x

P/S Ratio

-6.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SFG income statement (TTM)
RevenueAU$21.00m
Cost of RevenueAU$18.59m
Gross ProfitAU$2.41m
ExpensesAU$28.16m
Earnings-AU$25.76m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0053
Gross Margin11.47%
Net Profit Margin-122.67%
Debt/Equity Ratio537.6%

How did SFG perform over the long term?

See historical performance and comparison

Valuation

Is Seafarms Group undervalued compared to its fair value and its price relative to the market?

31.73x

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 (31.7x) compared to the AU Food industry average (1.4x).


Future Growth

How is Seafarms Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.6%

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 (106.9%).


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 net debt to equity ratio (527.7%) 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?

3.3yrs

Average board tenure


CEO

Mick McMahon (58 yo)

0.25

Tenure

Mr. Michael Peter McMahon, also known as Mick, B.Econ., serves as Chief Executive Officer at Seafarms Group Limited since September 20, 2021 and serves as its Executive Chairman since November 2021. He ser...


Board Members

Experienced Board: SFG's board of directors are considered experienced (3.3 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 99.7%.


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$149.935m
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/07 07:04
End of Day Share Price2021/12/07 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.