Ricegrowers Limited

CHIA:SGLLV Stock Report

Market Cap: AU$620.5m

Ricegrowers Valuation

Is SGLLV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SGLLV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SGLLV (A$9.89) is trading below our estimate of fair value (A$25.85)

Significantly Below Fair Value: SGLLV is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SGLLV?

Key metric: As SGLLV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SGLLV. This is calculated by dividing SGLLV's market cap by their current earnings.
What is SGLLV's PE Ratio?
PE Ratio9.8x
EarningsAU$63.14m
Market CapAU$620.54m

Price to Earnings Ratio vs Peers

How does SGLLV's PE Ratio compare to its peers?

The above table shows the PE ratio for SGLLV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.1x
CBO Cobram Estate Olives
44x15.1%AU$815.1m
AAC Australian Agricultural
24.1x-27.6%AU$831.8m
ING Inghams Group
11.5x5.2%AU$1.2b
BGA Bega Cheese
52.7x22.4%AU$1.6b
SGLLV Ricegrowers
9.8x9.8%AU$620.5m

Price-To-Earnings vs Peers: SGLLV is good value based on its Price-To-Earnings Ratio (9.8x) compared to the peer average (33.1x).

Price to Earnings Ratio vs Industry

How does SGLLV's PE Ratio compare vs other companies in the Oceanian Food Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SGLLV 9.8xIndustry Avg. 15.7xNo. of Companies3PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SGLLV is good value based on its Price-To-Earnings Ratio (9.8x) compared to the Global Food industry average (15.7x).

Price to Earnings Ratio vs Fair Ratio

What is SGLLV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SGLLV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.8x
Fair PE Ratio23.2x

Price-To-Earnings vs Fair Ratio: SGLLV is good value based on its Price-To-Earnings Ratio (9.8x) compared to the estimated Fair Price-To-Earnings Ratio (23.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SGLLV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$9.89
AU$11.16
+12.8%
10.4%AU$12.32AU$10.00n/a2
Nov ’25AU$9.24
AU$11.16
+20.8%
10.4%AU$12.32AU$10.00n/a2
Oct ’25AU$9.00
AU$11.16
+24.0%
10.4%AU$12.32AU$10.00n/a2
Sep ’25AU$8.26
AU$11.34
+37.2%
11.8%AU$12.67AU$10.00n/a2
Aug ’25AU$9.02
AU$11.34
+25.7%
11.8%AU$12.67AU$10.00n/a2
Jul ’25AU$7.85
AU$11.05
+40.8%
9.5%AU$12.10AU$10.00n/a2
Jun ’25AU$7.20
AU$10.85
+50.7%
11.5%AU$12.10AU$9.60n/a2
May ’25AU$6.73
AU$10.85
+61.2%
11.5%AU$12.10AU$9.60n/a2
Apr ’25AU$6.76
AU$10.85
+60.5%
11.5%AU$12.10AU$9.60n/a2
Mar ’25AU$6.67
AU$10.53
+57.8%
8.8%AU$11.45AU$9.60n/a2
Feb ’25n/a
AU$10.53
0%
8.8%AU$11.45AU$9.60n/a2
Jan ’25n/a
AU$10.53
0%
8.8%AU$11.45AU$9.60n/a2
Dec ’24n/a
AU$9.15
0%
3.3%AU$9.45AU$8.85n/a2
Nov ’24n/a
AU$9.15
0%
3.3%AU$9.45AU$8.85AU$9.242
Oct ’24n/a
AU$9.15
0%
3.3%AU$9.45AU$8.85AU$9.002
Sep ’24n/a
AU$9.15
0%
3.3%AU$9.45AU$8.85AU$8.262
Aug ’24n/a
AU$9.15
0%
3.3%AU$9.45AU$8.85AU$9.022
Jul ’24n/a
AU$9.15
0%
3.3%AU$9.45AU$8.85AU$7.852

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Australian Vintage

AU$44.5m

Produces, packages, markets, and distributes wine in Australia, New Zealand, the United Kingdom, Europe, North America, Asia, and internationally.

AVG

AU$0.14

7D

-6.9%

1Y

-67.1%

Noumi

AU$52.7m

Engages in develops, sources, manufactures, markets, sells, and distributes plant-based and dairy beverages, dairy and nutritional products to wholesale and consumer markets.

NOU

AU$0.19

7D

-5.0%

1Y

95.9%

Australian Vintage

AU$44.5m

Produces, packages, markets, and distributes wine in Australia, New Zealand, the United Kingdom, Europe, North America, Asia, and internationally.

AVG

AU$0.14

7D

-6.9%

1Y

-67.1%