Market Cap
NZ$468.5m
Last Updated
2020/11/23 10:42 UTC
Data Sources
Company Financials +
Executive Summary
Sanford Limited engages in farming, harvesting, processing, storing, and marketing of seafood products. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and fair value.
Share Price & News
How has Sanford's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SAN is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SAN's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-3.1%
SAN
-1.6%
NZ Food
-1.7%
NZ Market
1 Year Return
-31.8%
SAN
-3.1%
NZ Food
9.0%
NZ Market
Return vs Industry: SAN underperformed the NZ Food industry which returned -3.1% over the past year.
Return vs Market: SAN underperformed the NZ Market which returned 9% over the past year.
Shareholder returns
| SAN | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | -1.6% | -1.7% |
| 30 Day | -10.5% | -2.6% | 0.3% |
| 90 Day | -11.5% | -15.0% | 5.4% |
| 1 Year | -29.7%-31.8% | -2.3%-3.1% | 13.1%9.0% |
| 3 Year | -30.3%-37.3% | 6.8%2.6% | 47.1%28.2% |
| 5 Year | 4.4%-11.3% | 108.8%76.7% | 98.3%50.4% |
Long-Term Price Volatility Vs. Market
How volatile is Sanford's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Is Sanford (NZSE:SAN) A Risky Investment?4 months ago | Simply Wall St
Investors Aren't Entirely Convinced About Sanford Limited's (NZSE:SAN) Earnings4 months ago | Simply Wall St
Are Insiders Buying Sanford Limited (NZSE:SAN) Stock?Valuation
Is Sanford undervalued compared to its fair value and its price relative to the market?
20.87x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SAN (NZ$5.01) is trading above our estimate of fair value (NZ$2.53)
Significantly Below Fair Value: SAN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SAN is poor value based on its PE Ratio (20.9x) compared to the NZ Food industry average (16.5x).
PE vs Market: SAN is good value based on its PE Ratio (20.9x) compared to the NZ market (23x).
Price to Earnings Growth Ratio
PEG Ratio: SAN is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: SAN is good value based on its PB Ratio (0.8x) compared to the NZ Food industry average (1.4x).
Next Steps
Future Growth
How is Sanford forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
22.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAN's forecast earnings growth (22.6% per year) is above the savings rate (2.6%).
Earnings vs Market: SAN's earnings (22.6% per year) are forecast to grow faster than the NZ market (11.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SAN's revenue (7.3% per year) is forecast to grow faster than the NZ market (5.6% per year).
High Growth Revenue: SAN'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: SAN's Return on Equity is forecast to be low in 3 years time (6.2%).
Next Steps
Past Performance
How has Sanford performed over the past 5 years?
3.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAN has a large one-off gain of NZ$5.4M impacting its September 30 2020 financial results.
Growing Profit Margin: SAN's current net profit margins (4.8%) are lower than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: SAN's earnings have grown by 3.2% per year over the past 5 years.
Accelerating Growth: SAN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SAN had negative earnings growth (-46.1%) over the past year, making it difficult to compare to the Food industry average (11.6%).
Return on Equity
High ROE: SAN's Return on Equity (3.7%) is considered low.
Next Steps
Financial Health
How is Sanford's financial position?
Financial Position Analysis
Short Term Liabilities: SAN's short term assets (NZ$193.7M) exceed its short term liabilities (NZ$120.8M).
Long Term Liabilities: SAN's short term assets (NZ$193.7M) do not cover its long term liabilities (NZ$199.5M).
Debt to Equity History and Analysis
Debt Level: SAN's debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: SAN's debt to equity ratio has increased from 30.3% to 30.6% over the past 5 years.
Debt Coverage: SAN's debt is not well covered by operating cash flow (10%).
Interest Coverage: SAN's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Sanford current dividend yield, its reliability and sustainability?
2.43%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SAN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SAN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SAN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SAN is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SAN's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.2yrs
Average management tenure
CEO
Volker Kuntzsch
6.92yrs
Tenure
Mr. Kuntzsch Volker, MSc has been the Chief Executive Officer of Sanford Limited since December 2013. Mr. Volker's distinguished international career in the fishing industry spanning 25 years. He served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 6.92yrs | no data | 0.0050% NZ$ 23.2k | |
| Chief Financial Officer | 6.17yrs | no data | no data | |
| Chief People Officer | no data | no data | no data | |
| Chief Customer Officer | 4.75yrs | no data | no data | |
| Financial Controller | no data | no data | no data | |
| General Manager of Risk and Corporate Affairs | no data | no data | no data |
6.2yrs
Average Tenure
Experienced Management: SAN's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Chairman | 1.83yrs | NZ$78.75k | 0.030% NZ$ 142.8k | |
| Independent Non-Executive Director | 5.92yrs | NZ$100.52k | 0.027% NZ$ 125.3k | |
| Non-Executive Director | 14.58yrs | NZ$90.00k | 0.30% NZ$ 1.4m | |
| Independent Non-Executive Director | 1.83yrs | no data | 0.013% NZ$ 60.1k | |
| Independent Non-Executive Director | 0.83yr | no data | 0.0011% NZ$ 5.0k | |
| Independent Non-Executive Director | 2.83yrs | no data | 0.013% NZ$ 60.1k |
2.3yrs
Average Tenure
Experienced Board: SAN's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SAN 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
Sanford Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sanford Limited
- Ticker: SAN
- Exchange: NZSE
- Founded: 1881
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: NZ$468.466m
- Shares outstanding: 93.51m
- Website: https://www.sanford.co.nz
Number of Employees
Location
- Sanford Limited
- 22 Jellicoe Street
- Freemans Bay
- Auckland
- 1010
- New Zealand
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SAN | NZSE (New Zealand Stock Exchange) | Yes | Ordinary Shares | NZ | NZD | Jan 1992 |
| SARD.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Oct 2010 |
Biography
Sanford Limited engages in farming, harvesting, processing, storing, and marketing of seafood products. It operates through Wildcatch and Aquaculture segments. The company catches and processes inshore and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/23 10:42 |
| End of Day Share Price | 2020/11/23 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.