| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 1/6 |
SGLLV Stock Overview
Ricegrowers Limited, operates as a rice food company in Australia and internationally.
Ricegrowers Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$6.80 |
| 52 Week High | AU$7.50 |
| 52 Week Low | AU$6.09 |
| Beta | 0.76 |
| 1 Month Change | 6.25% |
| 3 Month Change | 3.03% |
| 1 Year Change | -3.82% |
| 3 Year Change | 19.30% |
| 5 Year Change | 52.81% |
| Change since IPO | 44.68% |
Recent News & Updates
Shareholder Returns
| SGLLV | AU Food | AU Market | |
|---|---|---|---|
| 7D | 1.9% | -0.5% | -1.7% |
| 1Y | -3.8% | -0.9% | 7.7% |
Return vs Industry: SGLLV underperformed the Australian Food industry which returned -2% over the past year.
Return vs Market: SGLLV underperformed the Australian Market which returned 9.7% over the past year.
Price Volatility
| SGLLV volatility | |
|---|---|
| SGLLV Average Weekly Movement | 2.8% |
| Food Industry Average Movement | 6.0% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in AU Market | 15.3% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: SGLLV is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SGLLV's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1950 | 2,000 | Rob Gordon | https://www.sunrice.com.au |
Ricegrowers Limited, operates as a rice food company in Australia and internationally. The company operates through Rice Pool, International Rice, Rice Food, Riviana Foods, and CopRice segments. It engages in the receipt and storage of paddy rice; milling, manufacturing, procurement, distribution, and marketing of rice and related products, as well as other grocery products, gourmet, and entertainment food products; research and development into the growing of rice; processing of rice and related products; and property business.
Ricegrowers Fundamentals Summary
| SGLLV fundamental statistics | |
|---|---|
| Market Cap | AU$419.58m |
| Earnings (TTM) | AU$23.35m |
| Revenue (TTM) | AU$1.08b |
18.0x
P/E Ratio0.4x
P/S RatioIs SGLLV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SGLLV income statement (TTM) | |
|---|---|
| Revenue | AU$1.08b |
| Cost of Revenue | AU$682.23m |
| Gross Profit | AU$401.67m |
| Expenses | AU$378.32m |
| Earnings | AU$23.35m |
Last Reported Earnings
Oct 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.38 |
| Gross Margin | 37.06% |
| Net Profit Margin | 2.15% |
| Debt/Equity Ratio | 33.9% |
How did SGLLV perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield112%
Payout RatioValuation
Is Ricegrowers undervalued compared to its fair value and its price relative to the market?
23.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SGLLV (A$6.8) is trading below our estimate of fair value (A$8.83)
Significantly Below Fair Value: SGLLV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SGLLV is good value based on its PE Ratio (18x) compared to the Australian Food industry average (19.7x).
PE vs Market: SGLLV is good value based on its PE Ratio (18x) compared to the Australian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: SGLLV is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: SGLLV is good value based on its PB Ratio (0.9x) compared to the AU Food industry average (1.5x).
Future Growth
How is Ricegrowers forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
33.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SGLLV's forecast earnings growth (33.2% per year) is above the savings rate (1.9%).
Earnings vs Market: SGLLV's earnings (33.2% per year) are forecast to grow faster than the Australian market (11.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SGLLV's revenue (8.2% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: SGLLV's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SGLLV's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Ricegrowers performed over the past 5 years?
-13.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SGLLV has high quality earnings.
Growing Profit Margin: SGLLV's current net profit margins (2.2%) are lower than last year (2.4%).
Past Earnings Growth Analysis
Earnings Trend: SGLLV's earnings have declined by 13.2% per year over the past 5 years.
Accelerating Growth: SGLLV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SGLLV had negative earnings growth (-11.7%) over the past year, making it difficult to compare to the Food industry average (106.9%).
Return on Equity
High ROE: SGLLV's Return on Equity (4.9%) is considered low.
Financial Health
How is Ricegrowers's financial position?
Financial Position Analysis
Short Term Liabilities: SGLLV's short term assets (A$580.9M) exceed its short term liabilities (A$387.3M).
Long Term Liabilities: SGLLV's short term assets (A$580.9M) exceed its long term liabilities (A$56.2M).
Debt to Equity History and Analysis
Debt Level: SGLLV's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: SGLLV's debt to equity ratio has reduced from 68.8% to 33.9% over the past 5 years.
Debt Coverage: SGLLV's debt is well covered by operating cash flow (28%).
Interest Coverage: SGLLV's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
Dividend
What is Ricegrowers's current dividend yield, its reliability and sustainability?
2.94%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SGLLV's dividend (2.94%) is higher than the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: SGLLV's dividend (2.94%) is low compared to the top 25% of dividend payers in the Australian market (5.36%).
Stability and Growth of Payments
Stable Dividend: SGLLV has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SGLLV has only been paying a dividend for 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (112%), SGLLV's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.1yrs
Average management tenure
CEO
Rob Gordon
9.92yrs
Tenure
AU$3,002,311
Compensation
Mr. Robert Francis Gordon, also known as Rob, BSc (Hons), CEng, MAICD, is an Independent Non-Executive Director at Inghams Group Limited since April 11, 2019. He has been Chief Executive Officer of Ricegro...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD2.16M) is above average for companies of similar size in the Australian market ($USD741.65K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SGLLV's management team is seasoned and experienced (7.1 years average tenure).
Board Members
Experienced Board: SGLLV's board of directors are considered experienced (4.9 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.
Top Shareholders
Company Information
Ricegrowers Limited's employee growth, exchange listings and data sources
Key Information
- Name: Ricegrowers Limited
- Ticker: SGLLV
- Exchange: ASX
- Founded: 1950
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: AU$419.582m
- Shares outstanding: 61.70m
- Website: https://www.sunrice.com.au
Number of Employees
Location
- Ricegrowers Limited
- Governor Macquarie Tower
- Level 17
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 15:49 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/10/31 |
| Annual Earnings | 2021/04/30 |
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.