Select Harvests
Market Cap
AU$714.1m
Last Updated
2020/11/24 10:36 UTC
Data Sources
Company Financials +
Executive Summary
Select Harvests Limited engages in processing, packaging, marketing, and distributing edible nuts, dried fruits, seeds, and a range of natural health foods in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Select Harvests's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SHV is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SHV's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
3.3%
SHV
-1.7%
AU Food
2.3%
AU Market
1 Year Return
-15.9%
SHV
9.7%
AU Food
-0.3%
AU Market
Return vs Industry: SHV underperformed the Australian Food industry which returned 9.8% over the past year.
Return vs Market: SHV underperformed the Australian Market which returned -1% over the past year.
Shareholder returns
| SHV | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.3% | -1.7% | 2.3% |
| 30 Day | 1.8% | 1.6% | 7.2% |
| 90 Day | 14.3% | 6.9% | 8.7% |
| 1 Year | -12.1%-15.9% | 12.4%9.7% | 3.1%-0.3% |
| 3 Year | 58.4%45.7% | -13.1%-20.0% | 24.2%8.8% |
| 5 Year | -19.0%-32.8% | 11.8%-2.9% | 55.4%24.4% |
Long-Term Price Volatility Vs. Market
How volatile is Select Harvests's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Should You Or Shouldn't You: A Dividend Analysis on Select Harvests Limited (ASX:SHV)3 weeks ago | Simply Wall St
What You Need To Know About Select Harvests Limited's (ASX:SHV) Investor Composition1 month ago | Simply Wall St
Do Its Financials Have Any Role To Play In Driving Select Harvests Limited's (ASX:SHV) Stock Up Recently?Valuation
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$6.31) is trading below our estimate of fair value (A$12.83)
Significantly Below Fair Value: SHV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SHV is good value based on its PE Ratio (12x) compared to the AU Food industry average (25.9x).
PE vs Market: SHV is good value based on its PE Ratio (12x) compared to the Australian market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: SHV is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: SHV's PB Ratio (1.5x) is in line with the AU Food industry average.
Next Steps
Future Growth
How is Select Harvests forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
20.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHV's forecast earnings growth (20.6% per year) is above the savings rate (2.3%).
Earnings vs Market: SHV's earnings (20.6% per year) are forecast to grow faster than the Australian market (17.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SHV's revenue (7.3% per year) is forecast to grow faster than the Australian market (5.2% per year).
High Growth Revenue: SHV's revenue (7.3% 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 (10.8%).
Next Steps
Past Performance
How has Select Harvests performed over the past 5 years?
-9.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHV has high quality earnings.
Growing Profit Margin: SHV's current net profit margins (17.3%) are higher than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: SHV's earnings have declined by 9.2% per year over the past 5 years.
Accelerating Growth: SHV's earnings growth over the past year (114%) exceeds its 5-year average (-9.2% per year).
Earnings vs Industry: SHV earnings growth over the past year (114%) exceeded the Food industry -13.2%.
Return on Equity
High ROE: SHV's Return on Equity (12.9%) is considered low.
Next Steps
Financial Health
How is Select Harvests's financial position?
Financial Position Analysis
Short Term Liabilities: SHV's short term assets (A$213.4M) exceed its short term liabilities (A$99.7M).
Long Term Liabilities: SHV's short term assets (A$213.4M) do not cover its long term liabilities (A$322.2M).
Debt to Equity History and Analysis
Debt Level: SHV's debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: SHV's debt to equity ratio has reduced from 38.3% to 18% over the past 5 years.
Debt Coverage: SHV's debt is well covered by operating cash flow (88.8%).
Interest Coverage: SHV's interest payments on its debt are well covered by EBIT (28.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Select Harvests's current dividend yield, its reliability and sustainability?
6.34%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHV's dividend (6.34%) is higher than the bottom 25% of dividend payers in the Australian market (2.11%).
High Dividend: SHV's dividend (6.34%) is in the top 25% of dividend payers in the Australian market (5.06%)
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 increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.2%), SHV's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHV's dividends in 3 years are forecast to be covered by earnings (53.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Paul Thompson
8.33yrs
Tenure
AU$1,329,220
Compensation
Mr. Paul Thompson, B Bus and MAICD, has been the Chief Executive Officer and Managing Director of Select Harvests Limited since July 9, 2012. Mr. Thompson is an experienced executive with over 30 years of ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD967.34K) is above average for companies of similar size in the Australian market ($USD694.70K).
Compensation vs Earnings: Paul's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 8.33yrs | AU$1.33m | 0.071% A$ 508.8k | |
| CFO & Company Secretary | 3yrs | AU$658.84k | no data | |
| General Manager of People | 1.33yrs | AU$276.20k | no data | |
| Financial Controller of Food Products Division | no data | no data | no data |
3.0yrs
Average Tenure
Experienced Management: SHV's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 8.33yrs | AU$1.33m | 0.071% A$ 508.8k | |
| Independent Non-Executive Director | 10.33yrs | AU$97.45k | 0.083% A$ 589.6k | |
| Independent Non-Executive Director | 3.33yrs | AU$110.45k | 0.0082% A$ 58.3k | |
| Independent Chairman of the Board | 9yrs | AU$218.36k | 0.20% A$ 1.4m | |
| Independent Non Executive Director | 1yr | no data | 0.0055% A$ 39.5k | |
| Independent Non-Executive Director | 11.67yrs | AU$110.45k | 0.023% A$ 165.5k | |
| Independent Non-Executive Director | 4.83yrs | AU$97.45k | 0.0077% A$ 55.1k |
8.3yrs
Average Tenure
63yo
Average Age
Experienced Board: SHV's board of directors are considered experienced (8.3 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 been diluted in the past year, with total shares outstanding growing by 17.3%.
Top Shareholders
Company Information
Select Harvests Limited's company bio, 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
- Market Cap: AU$714.104m
- Shares outstanding: 112.28m
- Website: https://www.selectharvests.com.au
Number of Employees
Location
- Select Harvests Limited
- 360 Settlement Road
- Thomastown
- Victoria
- 3074
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SHV | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| SHVT.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| SHV | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| H0I | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
Biography
Select Harvests Limited engages in processing, packaging, marketing, and distributing edible nuts, dried fruits, seeds, and a range of natural health foods in Australia. The company operates through Almond...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/24 10:36 |
| End of Day Share Price | 2020/11/24 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/09/30 |
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.