| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
SHV Stock Overview
Select Harvests Limited engages in the processing, packaging, marketing, and distribution of edible nuts, dried fruits, seeds, muesli, and various natural health foods in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$5.57 |
| 52 Week High | AU$8.98 |
| 52 Week Low | AU$4.91 |
| Beta | -0.23 |
| 1 Month Change | -7.93% |
| 3 Month Change | -26.90% |
| 1 Year Change | 10.30% |
| 3 Year Change | -8.84% |
| 5 Year Change | -5.11% |
| Change since IPO | 828.33% |
Recent News & Updates
Select Harvests (ASX:SHV) Is Paying Out A Larger Dividend Than Last Year
Select Harvests Limited ( ASX:SHV ) will increase its dividend on the 4th of February to AU$0.08. Despite this raise...
Shareholder Returns
| SHV | AU Food | AU Market | |
|---|---|---|---|
| 7D | -4.3% | -0.5% | -1.7% |
| 1Y | 10.3% | -0.9% | 7.7% |
Return vs Industry: SHV exceeded the Australian Food industry which returned -2% over the past year.
Return vs Market: SHV exceeded the Australian Market which returned 9.7% over the past year.
Price Volatility
| SHV volatility | |
|---|---|
| SHV Average Weekly Movement | 4.6% |
| 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: SHV is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SHV's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1969 | 611 | Paul Thompson | https://www.selectharvests.com.au |
Select Harvests Limited engages in the processing, packaging, marketing, and distribution of edible nuts, dried fruits, seeds, muesli, and various natural health foods in Australia. It grows, processes, and sells almonds to the food industry from company owned and leased almond orchards, as well as holds a portfolio of approximately 9,262 hectares of almond orchards located in Victoria, New South Wales, and South Australia. The company also exports its products to Asia, Europe, and the Middle East.
Select Harvests Fundamentals Summary
| SHV fundamental statistics | |
|---|---|
| Market Cap | AU$673.68m |
| Earnings (TTM) | AU$25.29m |
| Revenue (TTM) | AU$228.60m |
26.5x
P/E Ratio2.9x
P/S RatioIs SHV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SHV income statement (TTM) | |
|---|---|
| Revenue | AU$228.60m |
| Cost of Revenue | AU$183.42m |
| Gross Profit | AU$45.17m |
| Expenses | AU$19.88m |
| Earnings | AU$25.29m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.21 |
| Gross Margin | 19.76% |
| Net Profit Margin | 11.06% |
| Debt/Equity Ratio | 19.0% |
How did SHV perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield38%
Payout RatioValuation
Is Select Harvests undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SHV (A$5.6) is trading below our estimate of fair value (A$16.91)
Significantly Below Fair Value: SHV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SHV is poor value based on its PE Ratio (26.6x) compared to the Australian Food industry average (19.7x).
PE vs Market: SHV is poor value based on its PE Ratio (26.6x) compared to the Australian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: SHV is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: SHV is good value based on its PB Ratio (1.3x) compared to the AU Food industry average (1.5x).
Future Growth
How is Select Harvests forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
19.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHV's forecast earnings growth (19.4% per year) is above the savings rate (1.9%).
Earnings vs Market: SHV's earnings (19.4% per year) are forecast to grow faster than the Australian market (11.3% per year).
High Growth Earnings: SHV's earnings are forecast to grow, but not significantly.
Revenue vs Market: SHV's revenue (7.9% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: SHV's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SHV's Return on Equity is forecast to be low in 3 years time (12.4%).
Past Performance
How has Select Harvests performed over the past 5 years?
14.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHV has a high level of non-cash earnings.
Growing Profit Margin: SHV's current net profit margins (11.1%) are lower than last year (15.6%).
Past Earnings Growth Analysis
Earnings Trend: SHV's earnings have grown by 14.6% per year over the past 5 years.
Accelerating Growth: SHV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SHV had negative earnings growth (-13.3%) over the past year, making it difficult to compare to the Food industry average (106.9%).
Return on Equity
High ROE: SHV's Return on Equity (4.8%) is considered low.
Financial Health
How is Select Harvests's financial position?
Financial Position Analysis
Short Term Liabilities: SHV's short term assets (A$257.8M) exceed its short term liabilities (A$116.1M).
Long Term Liabilities: SHV's short term assets (A$257.8M) do not cover its long term liabilities (A$360.8M).
Debt to Equity History and Analysis
Debt Level: SHV's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: SHV's debt to equity ratio has increased from 1.8% to 19% over the past 5 years.
Debt Coverage: SHV's debt is well covered by operating cash flow (38.2%).
Interest Coverage: SHV's interest payments on its debt are well covered by EBIT (13.5x coverage).
Balance Sheet
Dividend
What is Select Harvests's current dividend yield, its reliability and sustainability?
1.44%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHV's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: SHV's dividend (1.43%) is low compared to the top 25% of dividend payers in the Australian market (5.36%).
Stability and Growth of Payments
Stable Dividend: SHV's dividend payments have been volatile in the past 10 years.
Growing Dividend: SHV's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.6%), SHV's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHV's dividends in 3 years are forecast to be covered by earnings (51.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Paul Thompson
9.5yrs
Tenure
AU$762,645
Compensation
Mr. Paul Thompson, B Bus and MAICD, has been the Chief Executive Officer and Managing Director of Select Harvests Limited since July 9, 2012. Mr. Thompson is an experienced executive with management experi...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD547.80K) is about average for companies of similar size in the Australian market ($USD741.65K).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SHV's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: SHV's board of directors are considered experienced (6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SHV insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Select Harvests Limited's employee growth, exchange listings and data sources
Key Information
- Name: Select Harvests Limited
- Ticker: SHV
- Exchange: ASX
- Founded: 1969
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: AU$673.685m
- Shares outstanding: 120.30m
- Website: https://www.selectharvests.com.au
Number of Employees
Location
- Select Harvests Limited
- Building 7
- Level 3
- Richmond
- Victoria
- 3121
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/20 07:03 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/09/30 |
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.