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Ricegrowers LimitedASX:SGLLV Stock Report

Market Cap AU$843.0m
Share Price
AU$12.37
AU$17.97
31.2% undervalued intrinsic discount
1Y13.7%
7D-1.8%
Portfolio Value
View

Ricegrowers Limited

ASX:SGLLV Stock Report

Market Cap: AU$843.0m

SGLLV Community Fair Values

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See what 61 others think this stock is worth. Follow their fair value or set your own to get alerts.

Ricegrowers Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ricegrowers
Historical stock prices
Current Share PriceAU$12.37
52 Week HighAU$18.63
52 Week LowAU$9.93
Beta0.19
1 Month Change-7.20%
3 Month Change-9.58%
1 Year Change13.69%
3 Year Change94.19%
5 Year Change90.31%
Change since IPO163.19%

Recent News & Updates

Narrative Update May 01

SGLLV: Steady Assumptions And Softer FY26 Outlook Will Support Long Term Upside

Analysts have kept their Ricegrowers price target steady at A$17.97, citing largely unchanged assumptions around discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Ricegrowers issued earnings guidance for FY26, indicating full-year revenue is expected to be broadly in line with or slightly below the prior corresponding period, highlighting softer conditions across several key markets (Key Developments).
Narrative Update Apr 15

SGLLV: Stable Assumptions And Revenue Guidance Will Support Long Term Upside Potential

Analysts have kept their Ricegrowers price target steady at A$17.97, reflecting unchanged assumptions for fair value, discount rate, revenue growth, profit margin and future P/E in their latest update. What's in the News Ricegrowers issued earnings guidance for FY26, indicating that full year revenue is expected to be broadly in line with, or slightly below, the prior corresponding period, pointing to softer conditions across several key markets (Key Developments).
Narrative Update Apr 01

SGLLV: Higher Future P/E Multiple Will Support Long Term Upside Potential

Analysts have lowered their Ricegrowers price target from A$19.08 to A$17.97, reflecting updates to fair value, expected revenue growth, profit margin assumptions, and a higher projected future P/E multiple. What's in the News Ricegrowers issued earnings guidance for FY26, indicating that full year revenue is expected to be broadly in line with or slightly below the prior corresponding period, driven by a combination of factors across several key markets (company guidance).
Narrative Update Mar 17

SGLLV: Acquisition Firepower And Dividend Policy Will Support Future Upside

Analysts have kept their Ricegrowers price target steady at A$19.08, reflecting unchanged assumptions around fair value, discount rate, revenue growth, profit margin and future P/E in their models. What's in the News Ricegrowers, trading as SunRice Group, is actively seeking acquisitions that fit its existing strategy and focus on generating economic profit, according to comments from Group CEO and Managing Director Paul Serra during the Fiscal Year 2026 half year results call (Key Developments).

Recent updates

Narrative Update May 01

SGLLV: Steady Assumptions And Softer FY26 Outlook Will Support Long Term Upside

Analysts have kept their Ricegrowers price target steady at A$17.97, citing largely unchanged assumptions around discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Ricegrowers issued earnings guidance for FY26, indicating full-year revenue is expected to be broadly in line with or slightly below the prior corresponding period, highlighting softer conditions across several key markets (Key Developments).
Narrative Update Apr 15

SGLLV: Stable Assumptions And Revenue Guidance Will Support Long Term Upside Potential

Analysts have kept their Ricegrowers price target steady at A$17.97, reflecting unchanged assumptions for fair value, discount rate, revenue growth, profit margin and future P/E in their latest update. What's in the News Ricegrowers issued earnings guidance for FY26, indicating that full year revenue is expected to be broadly in line with, or slightly below, the prior corresponding period, pointing to softer conditions across several key markets (Key Developments).
Narrative Update Apr 01

SGLLV: Higher Future P/E Multiple Will Support Long Term Upside Potential

Analysts have lowered their Ricegrowers price target from A$19.08 to A$17.97, reflecting updates to fair value, expected revenue growth, profit margin assumptions, and a higher projected future P/E multiple. What's in the News Ricegrowers issued earnings guidance for FY26, indicating that full year revenue is expected to be broadly in line with or slightly below the prior corresponding period, driven by a combination of factors across several key markets (company guidance).
Narrative Update Mar 17

SGLLV: Acquisition Firepower And Dividend Policy Will Support Future Upside

Analysts have kept their Ricegrowers price target steady at A$19.08, reflecting unchanged assumptions around fair value, discount rate, revenue growth, profit margin and future P/E in their models. What's in the News Ricegrowers, trading as SunRice Group, is actively seeking acquisitions that fit its existing strategy and focus on generating economic profit, according to comments from Group CEO and Managing Director Paul Serra during the Fiscal Year 2026 half year results call (Key Developments).
Narrative Update Mar 03

SGLLV: Acquisition Capacity And Dividend Strength Will Drive Future Upside

Analysts have maintained their A$19.08 price target on Ricegrowers, reflecting unchanged views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Ricegrowers is actively looking for acquisitions that align with its existing approach to generating economic profit, supported by comments from Group CEO and Managing Director Paul Serra during the SunRice Group Fiscal Year 2026 Half Year Results Conference Call and Webcast (company event).
Narrative Update Feb 16

SGLLV: Acquisition Capacity And Dividend Strength Will Support Future Returns

Analysts have kept their Ricegrowers price target steady at A$19.08, with only small tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions informing this unchanged view. What's in the News Ricegrowers Limited, also referred to as SunRice Group, is actively looking for acquisitions that fit its existing strategy and focus on economic profit generation, according to comments from Group CEO and Managing Director Paul Serra during the Fiscal Year 2026 Half Year Results Conference Call and Webcast (Key Developments).
Analysis Article Feb 06

Returns Are Gaining Momentum At Ricegrowers (ASX:SGLLV)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Narrative Update Feb 02

SGLLV: Strong Balance Sheet And Targeted Acquisitions Will Support Future Returns

Analysts have trimmed their price target for Ricegrowers from A$19.25 to about A$19.08, citing updated assumptions for revenue growth, profit margins and future P/E levels, while keeping the discount rate unchanged. What's in the News Ricegrowers Limited, also known as SunRice Group, is actively seeking acquisitions that align with its existing strategy and focus on generating economic profit, supported by a balance sheet that management views as capable of funding such deals (conference call).
Narrative Update Jan 19

SGLLV: Solid Balance Sheet And Acquisition Plans Will Support Future Returns

Analysts have kept their price target on Ricegrowers steady at A$19.25, reflecting unchanged views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Management reiterated that Ricegrowers is actively looking for acquisitions that align with its existing strategy and focus on generating economic profit, as discussed on the SunRice Group Fiscal Year 2026 Half Year Results Conference Call and Webcast (company call).
Narrative Update Jan 05

SGLLV: Strong Balance Sheet And Acquisitions Pipeline Will Support Future Earnings

Analysts have raised their price target on Ricegrowers by 1.50 dollars to 19.25 dollars, reflecting modestly stronger expected revenue growth, largely unchanged discount rate and profit margin assumptions, and a higher anticipated future P E multiple. What's in the News Ricegrowers Limited declared an interim dividend of AUD 0.20 per share for the six months ended October 31, 2025, with an ex dividend date of December 23, 2025, a record date of December 24, 2025, and payment scheduled for January 23, 2026 (company announcement).
Narrative Update Dec 14

SGLLV: Index Additions And Stable Outlook Will Support Future Earnings

Analysts have slightly revised their price target on Ricegrowers to $17.75, reflecting unchanged assumptions for fair value, discount rate, revenue growth, profit margin, and future valuation multiples, and signaling steady confidence in the company’s earnings outlook. What's in the News Ricegrowers Limited (ASX:SGLLV) has been added to the S&P/ASX 300 Index, broadening its exposure to institutional investors and index-tracking funds (Index Constituent Adds) The company has also been included in the S&P/ASX Small Ordinaries Index, reinforcing its profile among small-cap Australian equities (Index Constituent Adds) Valuation Changes The consensus analyst price target remains unchanged at A$17.75, indicating no revision to the estimated fair value of Ricegrowers.
Narrative Update Nov 30

SGLLV: Index Inclusion And 2026 Contract Offer Will Support Future Stability

Analysts have maintained their price target for Ricegrowers at $17.75 per share, citing that forecasts for revenue growth and profit margins remain largely unchanged. What's in the News Ricegrowers Limited (ASX:SGLLV) has been added to the S&P/ASX 300 Index (Key Developments) Ricegrowers Limited (ASX:SGLLV) has also been included in the S&P/ASX Small Ordinaries Index (Key Developments) Ricegrowers Limited announced a new contract offer for crop year 2026 to Riverina growers.
Narrative Update Nov 16

SGLLV: Index Additions And New Contract Offer Will Shape 2026 Outlook

Analysts have maintained their price target for Ricegrowers at $17.75, citing largely unchanged forecasts for revenue growth, profit margins, and valuation metrics as the basis for their steady outlook. What's in the News Ricegrowers Limited (ASX:SGLLV) has been added to the S&P/ASX 300 Index (Key Developments).
Narrative Update Nov 01

SGLLV: Index Inclusions And New Grower Contracts Will Shape Future Prospects

Analysts have maintained their price target for Ricegrowers at $17.75. They cite consistent expectations for revenue growth and profit margins, which has resulted in no change to their overall valuation outlook.
Narrative Update Oct 18

Middle East Expansion And Agritech Investment Will Open New Horizons

Analysts have maintained their price target for Ricegrowers at $17.75, citing minor adjustments to key valuation metrics that were not significant enough to warrant a change. What's in the News Ricegrowers Limited (ASX:SGLLV) has been added to the S&P/ASX 300 Index (Key Developments) Ricegrowers Limited (ASX:SGLLV) has been added to the S&P/ASX Small Ordinaries Index (Key Developments) Ricegrowers announced a new contract offer for crop year 2026 (CY26) to Riverina growers, which introduces a fixed price of $500 per paddy tonne for those meeting quality criteria and replaces the previous contract and pool system.
Narrative Update Oct 04

Middle East Expansion And Agritech Investment Will Open New Horizons

Analysts have raised their price target for Ricegrowers from $15.40 to $17.75 per share. This change reflects updated expectations around growth and valuation metrics.
Narrative Update Sep 19

Middle East Expansion And Agritech Investment Will Open New Horizons

Ricegrowers' valuation has increased primarily due to a higher future P/E multiple, despite steady revenue growth forecasts, resulting in the consensus price target rising from A$14.00 to A$15.40. What's in the News Announced a new fixed price contract of $500 per paddy tonne for Riverina growers for crop year 2026, conditional on quality, replacing prior contract/pool system.
Analysis Article Aug 22

Are Investors Undervaluing Ricegrowers Limited (ASX:SGLLV) By 45%?

Key Insights Ricegrowers' estimated fair value is AU$28.38 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Aug 07

Ricegrowers Limited (ASX:SGLLV) Stock Catapults 30% Though Its Price And Business Still Lag The Market

ASX:SGLLV 1 Year Share Price vs Fair Value Explore Ricegrowers's Fair Values from the Community and select yours...
Analysis Article Jun 28

Ricegrowers (ASX:SGLLV) Is Paying Out A Larger Dividend Than Last Year

Ricegrowers Limited ( ASX:SGLLV ) has announced that it will be increasing its dividend from last year's comparable...
User avatar
New Narrative Jan 27

Acquisitions Of SavourLife And Simply Delish Will Expand Product Offerings In CopRice And Riviana Foods

Strategic acquisitions and investments in operations are set to enhance product offerings, boost revenue, and improve margins through expanded channels and efficiencies.
Analysis Article Jun 29

Ricegrowers' (ASX:SGLLV) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of Ricegrowers Limited ( ASX:SGLLV ) has announced that the dividend on 25th of July will be increased to...
Analysis Article Dec 17

Ricegrowers (ASX:SGLLV) Will Pay A Dividend Of A$0.10

Ricegrowers Limited ( ASX:SGLLV ) has announced that it will pay a dividend of A$0.10 per share on the 27th of January...
Analysis Article Jun 27

Ricegrowers (ASX:SGLLV) Has Re-Affirmed Its Dividend Of AU$0.33

Ricegrowers Limited ( ASX:SGLLV ) will pay a dividend of AU$0.33 on the 30th of July. Based on this payment, the...
Analysis Article May 11

Ricegrowers (ASX:SGLLV) Will Be Looking To Turn Around Its Returns

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Analysis Article Apr 08

Should You Buy Ricegrowers Limited (ASX:SGLLV) For Its Dividend?

Is Ricegrowers Limited ( ASX:SGLLV ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Analysis Article Mar 09

Calculating The Intrinsic Value Of Ricegrowers Limited (ASX:SGLLV)

Today we will run through one way of estimating the intrinsic value of Ricegrowers Limited ( ASX:SGLLV ) by taking the...
Analysis Article Feb 22

Ricegrowers (ASX:SGLLV) Has Compensated Shareholders With A Respectable 87% Return On Their Investment

Ricegrowers Limited ( ASX:SGLLV ) shareholders have seen the share price descend 11% over the month. But over three...
Analysis Article Feb 03

Does Ricegrowers' (ASX:SGLLV) Returns On Capital Reflect Well On The Business?

What underlying fundamental trends can indicate that a company might be in decline? Businesses in decline often have...
Analysis Article Jan 21

Is Ricegrowers (ASX:SGLLV) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jan 08

Here's What You Should Know About Ricegrowers Limited's (ASX:SGLLV) 5.1% Dividend Yield

Could Ricegrowers Limited ( ASX:SGLLV ) be an attractive dividend share to own for the long haul? Investors are often...
Analysis Article Dec 23

Ricegrowers Limited's (ASX:SGLLV) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Ricegrowers' (ASX:SGLLV) stock is up by a considerable 25% over the past three months. However, in this article, we...

Shareholder Returns

SGLLVAU FoodAU Market
7D-1.8%-0.8%-2.7%
1Y13.7%-4.9%3.7%

Return vs Industry: SGLLV exceeded the Australian Food industry which returned -4.9% over the past year.

Return vs Market: SGLLV exceeded the Australian Market which returned 3.7% over the past year.

Price Volatility

Is SGLLV's price volatile compared to industry and market?
SGLLV volatility
SGLLV Average Weekly Movement5.0%
Food Industry Average Movement5.7%
Market Average Movement10.4%
10% most volatile stocks in AU Market17.4%
10% least volatile stocks in AU Market4.4%

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

Volatility Over Time: SGLLV's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19502,400Paul Serrawww.sunrice.com.au

Ricegrowers Limited operates as a rice food company in Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America. It operates through Rice Pool, International Rice, Rice Food, Riviana Foods, and CopRice segments. The company offers microwave rice, organic brown rice, quinoa blends, specialty black rice, special fried rice, coconut and Mexican style rice, medium and long grain rice, low GI white and brown rice, and fragrant Jasmine rice; snacks, including protein chips, mini bites, brown rice chips, rice cakes, and rice cracker chips; gourmet products, such as bakery, chilled desserts, olives, antipasto and traditional pickled vegetable, condiments and sauces, soups and ready meals, and canned fruit, as well as canned, pouch and frozen vegetables; and animal feed and nutrition products.

Ricegrowers Limited Fundamentals Summary

How do Ricegrowers's earnings and revenue compare to its market cap?
SGLLV fundamental statistics
Market capAU$842.96m
Earnings (TTM)AU$73.11m
Revenue (TTM)AU$1.82b
11.5x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SGLLV income statement (TTM)
RevenueAU$1.82b
Cost of RevenueAU$1.05b
Gross ProfitAU$775.89m
Other ExpensesAU$702.79m
EarningsAU$73.11m

Last Reported Earnings

Oct 31, 2025

Next Earnings Date

Jun 25, 2026

Earnings per share (EPS)1.07
Gross Margin42.58%
Net Profit Margin4.01%
Debt/Equity Ratio29.4%

How did SGLLV perform over the long term?

See historical performance and comparison

Dividends

5.7%
Current Dividend Yield
64%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 18:47
End of Day Share Price 2026/05/15 00:00
Earnings2025/10/31
Annual Earnings2025/04/30

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.

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 Github.

Analyst Sources

Ricegrowers Limited is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan SnapeBell Potter
Allan FranklinCanaccord Genuity
John BurgessRaaS Advisory Pty Ltd