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New Zealand King Salmon Investments

NZSE:NZK
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NZK
NZSE
NZ$316M
Market Cap
  1. Home
  2. NZ
  3. Food, Beverage & Tobacco
Company description

New Zealand King Salmon Investments Limited engages in farming, processing, and selling premium salmon products. The last earnings update was 19 days ago. More info.


Add to Portfolio Compare Print
NZK Share Price and Events
7 Day Returns
-1.3%
NZSE:NZK
-3.4%
NZ Food
-0.3%
NZ Market
1 Year Returns
9.6%
NZSE:NZK
-8.6%
NZ Food
5.4%
NZ Market
NZK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
New Zealand King Salmon Investments (NZK) -1.3% 3.6% 6.5% 9.6% - -
NZ Food -3.4% 2.6% 11.1% -8.6% 61.8% 63.5%
NZ Market -0.3% 0.8% 5.6% 5.4% 22.8% 43%
1 Year Return vs Industry and Market
  • NZK outperformed the Food industry which returned -8.6% over the past year.
  • NZK outperformed the Market in New Zealand which returned 5.4% over the past year.
Price Volatility
NZK
Industry
5yr Volatility vs Market

Value

 Is New Zealand King Salmon Investments undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for New Zealand King Salmon Investments. This is due to cash flow or dividend data being unavailable. The share price is NZ$2.28.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for New Zealand King Salmon Investments's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are New Zealand King Salmon Investments's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NZSE:NZK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in NZD NZ$0.12
NZSE:NZK Share Price ** NZSE (2019-03-15) in NZD NZ$2.28
New Zealand Food Industry PE Ratio Median Figure of 10 Publicly-Listed Food Companies 21.64x
New Zealand Market PE Ratio Median Figure of 89 Publicly-Listed Companies 17.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of New Zealand King Salmon Investments.

NZSE:NZK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NZSE:NZK Share Price ÷ EPS (both in NZD)

= 2.28 ÷ 0.12

19.82x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New Zealand King Salmon Investments is good value based on earnings compared to the NZ Food industry average.
  • New Zealand King Salmon Investments is overvalued based on earnings compared to the New Zealand market.
Price based on expected Growth
Does New Zealand King Salmon Investments's expected growth come at a high price?
Raw Data
NZSE:NZK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.82x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
23.8%per year
New Zealand Food Industry PEG Ratio Median Figure of 7 Publicly-Listed Food Companies 1.06x
New Zealand Market PEG Ratio Median Figure of 66 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

NZSE:NZK PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 19.82x ÷ 23.8%

0.83x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New Zealand King Salmon Investments is good value based on expected growth next year.
Price based on value of assets
What value do investors place on New Zealand King Salmon Investments's assets?
Raw Data
NZSE:NZK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in NZD NZ$1.27
NZSE:NZK Share Price * NZSE (2019-03-15) in NZD NZ$2.28
New Zealand Food Industry PB Ratio Median Figure of 13 Publicly-Listed Food Companies 1.11x
New Zealand Market PB Ratio Median Figure of 126 Publicly-Listed Companies 1.55x
NZSE:NZK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NZSE:NZK Share Price ÷ Book Value per Share (both in NZD)

= 2.28 ÷ 1.27

1.8x

* Primary Listing of New Zealand King Salmon Investments.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New Zealand King Salmon Investments is overvalued based on assets compared to the NZ Food industry average.
X
Value checks
We assess New Zealand King Salmon Investments's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. New Zealand King Salmon Investments has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is New Zealand King Salmon Investments expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
23.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is New Zealand King Salmon Investments expected to grow at an attractive rate?
  • New Zealand King Salmon Investments's earnings growth is expected to exceed the low risk savings rate of 2.4%.
Growth vs Market Checks
  • New Zealand King Salmon Investments's earnings growth is expected to exceed the New Zealand market average.
  • New Zealand King Salmon Investments's revenue growth is expected to exceed the New Zealand market average.
Annual Growth Rates Comparison
Raw Data
NZSE:NZK Future Growth Rates Data Sources
Data Point Source Value (per year)
NZSE:NZK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 23.8%
NZSE:NZK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 11.5%
New Zealand Food Industry Earnings Growth Rate Market Cap Weighted Average 19.1%
New Zealand Food Industry Revenue Growth Rate Market Cap Weighted Average 15.3%
New Zealand Market Earnings Growth Rate Market Cap Weighted Average 6%
New Zealand Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NZSE:NZK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in NZD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NZSE:NZK Future Estimates Data
Date (Data in NZD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 219 27 2
2020-06-30 199 22 2
2019-06-30 180 17 2
NZSE:NZK Past Financials Data
Date (Data in NZD Millions) Revenue Cash Flow Net Income *
2018-12-31 160 12 15
2018-09-30 160 18 16
2018-06-30 160 25 16
2018-03-31 160 23 23
2017-12-31 160 21 30
2017-09-30 148 13 26
2017-06-30 136 5 23
2017-03-31 129 4 14
2016-12-31 121 2 6
2016-09-30 118 3 4
2016-06-30 114 4 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • New Zealand King Salmon Investments's earnings are expected to grow significantly at over 20% yearly.
  • New Zealand King Salmon Investments's revenue is expected to grow by 11.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NZSE:NZK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from New Zealand King Salmon Investments Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NZSE:NZK Future Estimates Data
Date (Data in NZD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 0.19 0.20 0.19 2.00
2020-06-30 0.16 0.17 0.15 2.00
2019-06-30 0.12 0.12 0.12 2.00
NZSE:NZK Past Financials Data
Date (Data in NZD Millions) EPS *
2018-12-31 0.12
2018-09-30 0.12
2018-06-30 0.12
2018-03-31 0.16
2017-12-31 0.20
2017-09-30 0.18
2017-06-30 0.16
2017-03-31 0.10
2016-12-31 0.09
2016-09-30 0.07
2016-06-30 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • New Zealand King Salmon Investments is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess New Zealand King Salmon Investments's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the New Zealand market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the New Zealand market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
New Zealand King Salmon Investments has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has New Zealand King Salmon Investments performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare New Zealand King Salmon Investments's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • New Zealand King Salmon Investments has delivered over 20% year on year earnings growth in the past 5 years.
  • New Zealand King Salmon Investments's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • New Zealand King Salmon Investments's 1-year earnings growth is negative, it can't be compared to the NZ Food industry average.
Earnings and Revenue History
New Zealand King Salmon Investments's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from New Zealand King Salmon Investments Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NZSE:NZK Past Revenue, Cash Flow and Net Income Data
Date (Data in NZD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 160.26 15.47 20.88
2018-09-30 160.27 15.80 20.67
2018-06-30 160.27 16.13 20.46
2018-03-31 160.34 22.96 21.00
2017-12-31 160.41 29.79 21.55
2017-09-30 148.38 26.28 20.27
2017-06-30 136.35 22.76 19.00
2017-03-31 128.72 14.16 18.06
2016-12-31 121.09 5.56 17.12
2016-09-30 117.57 4.08 16.02
2016-06-30 114.06 2.59 14.92
2015-06-30 98.29 6.26 12.78
2014-06-30 95.06 -1.53 22.88
2013-06-30 103.30 5.28 27.38
2012-06-30 104.00 -9.43 27.58

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • New Zealand King Salmon Investments has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • New Zealand King Salmon Investments used its assets less efficiently than the NZ Food industry average last year based on Return on Assets.
  • It is difficult to establish if New Zealand King Salmon Investments improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess New Zealand King Salmon Investments's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
New Zealand King Salmon Investments has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is New Zealand King Salmon Investments's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up New Zealand King Salmon Investments's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • New Zealand King Salmon Investments is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • New Zealand King Salmon Investments's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of New Zealand King Salmon Investments's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 7.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from New Zealand King Salmon Investments Company Filings, last reported 2 months ago.

NZSE:NZK Past Debt and Equity Data
Date (Data in NZD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 175.67 17.87 7.43
2018-09-30 175.67 17.87 7.43
2018-06-30 166.30 11.53 14.43
2018-03-31 166.30 11.53 14.43
2017-12-31 171.45 12.56 15.53
2017-09-30 171.45 12.56 15.53
2017-06-30 158.68 11.46 10.65
2017-03-31 158.68 11.46 10.65
2016-12-31 144.77 12.19 10.69
2016-09-30 144.77 12.19 10.69
2016-06-30 37.01 94.61 2.42
2015-06-30 36.78 92.65 5.74
2014-06-30 18.67 85.64 1.57
2013-06-30 22.82 83.83 1.97
2012-06-30 20.14 82.80 1.11
  • New Zealand King Salmon Investments's level of debt (10.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (409.1% vs 10.2% today).
  • Debt is well covered by operating cash flow (65.5%, greater than 20% of total debt).
  • New Zealand King Salmon Investments earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess New Zealand King Salmon Investments's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. New Zealand King Salmon Investments has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is New Zealand King Salmon Investments's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.63%
Current annual income from New Zealand King Salmon Investments dividends. Estimated to be 3.39% next year.
If you bought NZ$2,000 of New Zealand King Salmon Investments shares you are expected to receive NZ$53 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • New Zealand King Salmon Investments's pays a lower dividend yield than the bottom 25% of dividend payers in New Zealand (3.3%).
  • New Zealand King Salmon Investments's dividend is below the markets top 25% of dividend payers in New Zealand (5.94%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NZSE:NZK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
New Zealand Food Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 3.5%
New Zealand Market Average Dividend Yield Market Cap Weighted Average of 76 Stocks 4%
New Zealand Minimum Threshold Dividend Yield 10th Percentile 1.9%
New Zealand Bottom 25% Dividend Yield 25th Percentile 3.3%
New Zealand Top 25% Dividend Yield 75th Percentile 5.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NZSE:NZK Future Dividends Estimate Data
Date (Data in NZ$) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.09 2.00
2020-06-30 0.08 2.00
2019-06-30 0.06 2.00
NZSE:NZK Past Annualized Dividends Data
Date (Data in NZ$) Dividend per share (annual) Avg. Yield (%)
2018-09-03 0.060 2.487
2018-03-22 0.040 1.625
2017-08-25 0.020 0.965
2017-08-24 0.053 3.082
2017-02-28 0.036 2.496
2016-10-19 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, New Zealand King Salmon Investments has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but New Zealand King Salmon Investments only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of New Zealand King Salmon Investments's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (2x coverage).
X
Income/ dividend checks
We assess New Zealand King Salmon Investments's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can New Zealand King Salmon Investments afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. New Zealand King Salmon Investments has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of New Zealand King Salmon Investments's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Grant Rosewarne
COMPENSATION NZ$523,287
CEO Bio

Mr. Grantley Bruce Rosewarne, also known as Grant, MBA (Executive), B App Sc, has been the Chief Executive Officer of New Zealand King Salmon Investments Limited since 2009 and serves as its Managing Director. Mr. Rosewarne has focused on lifting New Zealand King Salmon's unique products from a premium commodity to a worldwide branded food delicacy. Mr. Rosewarne has considerable international fast moving consumer goods sales, marketing and general management experience. He has worked across a number of fast moving consumer goods categories including dairy, wine, fresh produce and dry grocery as well as foodservice segments from cafes to fine dining. His international business expertise spans Britain, Europe and Australasia, with blue chip companies such as Unilever, Cerebos and Douwe Egberts/Sara Lee. He has been a Director at New Zealand King Salmon Investments Limited since July 15, 2016.

CEO Compensation
  • Insufficient data for Grant to compare compensation growth.
  • Grant's remuneration is lower than average for companies of similar size in New Zealand.
Management Team

Grant Rosewarne

TITLE
MD, CEO & Director
COMPENSATION
NZ$523K

Andrew Clark

TITLE
Chief Financial Officer

Alan Cook

TITLE
Chief Operating Officer
TENURE
0.1 yrs

Graeme Tregidga

TITLE
General Manager of Sales

Jemma McCowan

TITLE
General Manager of Marketing
Board of Directors Tenure

Average tenure of the New Zealand King Salmon Investments board of directors in years:

10.5
Average Tenure
  • The average tenure for the New Zealand King Salmon Investments board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

John William Ryder

TITLE
Independent Non- Executive Chairman
COMPENSATION
NZ$100K

Grant Rosewarne

TITLE
MD, CEO & Director
COMPENSATION
NZ$523K
TENURE
2.7 yrs

Paul Steere

TITLE
Independent Non-Executive Director
COMPENSATION
NZ$70K
TENURE
10.5 yrs

Mark Hutton

TITLE
Independent Non-Executive Director
COMPENSATION
NZ$68K
TENURE
10.5 yrs

Jack Porus

TITLE
Non-Executive Director
COMPENSATION
NZ$60K
TENURE
10.5 yrs

Thomas Song

TITLE
Non-Executive Director
COMPENSATION
NZ$62K
TENURE
10.6 yrs

Xin Wang

TITLE
Non-Executive Director
COMPENSATION
NZ$57K
TENURE
2.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NZ$) Value (NZ$)
07. May 18 Buy Grantley Rosewarne Individual 02. May 18 02. May 18 4,736 NZ$2.33 NZ$11,034
02. May 18 Buy Grantley Rosewarne Individual 27. Apr 18 27. Apr 18 7,760 NZ$2.29 NZ$17,749
17. Apr 18 Buy Grantley Rosewarne Individual 10. Apr 18 10. Apr 18 245 NZ$2.22 NZ$545
05. Apr 18 Sell New Zealand Company 21. Mar 17 03. Apr 18 -1,449,572 NZ$2.08 NZ$-2,998,172
X
Management checks
We assess New Zealand King Salmon Investments's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. New Zealand King Salmon Investments has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Does New Zealand King Salmon Investments Limited's (NZSE:NZK) Balance Sheet Tell Us About It?

While small-cap stocks, such as New Zealand King Salmon Investments Limited (NZSE:NZK) with its market cap of NZ$316m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … The following basic checks can help you get a picture of the company's balance sheet strength.

Simply Wall St -

Zooming in on NZSE:NZK's 2.5% Dividend Yield

New Zealand King Salmon Investments Limited (NZSE:NZK) has recently paid dividends to shareholders, and currently yields 2.5%. … Let's dig deeper into whether New Zealand King Salmon Investments should have a place in your portfolio. … View our latest analysis for New Zealand King Salmon Investments

Simply Wall St -

A Note On New Zealand King Salmon Investments Limited's (NZSE:NZK) ROE and Debt To Equity

We'll use ROE to examine New Zealand King Salmon Investments Limited (NZSE:NZK), by way of a worked example. … New Zealand King Salmon Investments has a ROE of 9.7%, based on the last twelve months. … View our latest analysis for New Zealand King Salmon Investments?

Simply Wall St -

What Should Investors Know About New Zealand King Salmon Investments Limited's (NZSE:NZK) Future?

The latest earnings release New Zealand King Salmon Investments Limited's (NZSE:NZK) announced in June 2018a

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Need To Know: New Zealand King Salmon Investments Limited (NZSE:NZK) Insiders Have Been Buying Shares

We often see insiders buying up shares in companies that perform well over the long term. … So we'll take a look at whether insiders have been buying or selling shares in New Zealand King Salmon Investments Limited (NZSE:NZK). … The Last 12 Months Of Insider Transactions At New Zealand King Salmon Investments.

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New Zealand King Salmon Investments Limited (NZSE:NZK): What Does Its Beta Value Mean For Your Portfolio?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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What Kind Of Shareholder Appears On The New Zealand King Salmon Investments Limited's (NZSE:NZK) Shareholder Register?

Every investor in New Zealand King Salmon Investments Limited (NZSE:NZK) should be aware of the most powerful shareholder groups. … With a market capitalization of NZ$356m, New Zealand King Salmon Investments is a small cap stock, so it might not be well known by many institutional investors. … Check out our latest analysis for New Zealand King Salmon Investments

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Is Now The Time To Look At Buying New Zealand King Salmon Investments Limited (NZSE:NZK)?

New Zealand King Salmon Investments Limited (NZSE:NZK), which is in the food business, and is based in New Zealand,. … A question to answer is whether New Zealand King Salmon Investments's current trading price of NZ$2.7 reflective of the actual value of the? … Let’s take a look at New Zealand King Salmon Investments’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

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Is New Zealand King Salmon Investments Limited's (NZSE:NZK) ROE Of 9.7% Impressive?

By way of learning-by-doing, we'll look at ROE to gain a better understanding New Zealand King Salmon Investments Limited (NZSE:NZK). … New Zealand King Salmon Investments has a ROE of 9.7%, based on the last twelve months. … Check out our latest analysis for New Zealand King Salmon Investments?

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New Zealand King Salmon Investments Limited (NZSE:NZK): What Is Driving Margins?

New Zealand King Salmon Investments Limited's (NZSE:NZK) … stable vision for earnings in the future … but it's critical to take a step back

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Company Info

Description

New Zealand King Salmon Investments Limited engages in farming, processing, and selling premium salmon products. It operates through three segments: New Zealand Retail, New Zealand Foodservice, and Export. It offers whole fresh fish, pre-cut fillets, portions, and wood roasted and cold smoked products. The company sells its products to chefs, retailers, and wholesalers under the Ora King, Regal, Southern Ocean, Big Catch Salmon Burley, and Omega Plus brands. It serves customers in New Zealand, North America, Australia, Japan, Europe, and internationally. The company was incorporated in 2008 and is headquartered in Nelson, New Zealand. New Zealand King Salmon Investments Limited is a subsidiary of Oregon Group Limited.

Details
Name: New Zealand King Salmon Investments Limited
NZK
Exchange: NZSE
Founded: 2008
NZ$315,942,215
138,571,147
Website: http://www.kingsalmon.co.nz
Address: New Zealand King Salmon Investments Limited
93 Beatty Street,
Tahunanui,
Nelson,
7011,
New Zealand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NZSE NZK Ordinary Shares New Zealand Stock Exchange NZ NZD 19. Oct 2016
OTCPK NZKS.F Ordinary Shares Pink Sheets LLC US USD 19. Oct 2016
ASX NZK Ordinary Shares Australian Securities Exchange AU AUD 19. Oct 2016
CHIA NZK Ordinary Shares Chi-X Australia AU AUD 19. Oct 2016
Number of employees
Current staff
Staff numbers
500
New Zealand King Salmon Investments employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 10:35
End of day share price update: 2019/03/15 00:00
Last estimates confirmation: 2019/03/03
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.