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

SCL is good value based on its Price-To-Earnings Ratio (20.1x) compared to the peer average (20.9x).

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

SCL is expensive based on its Price-To-Earnings Ratio (20.1x) compared to the Global Food industry average (15.8x).

What is SCL'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.

SCL is expensive based on its Price-To-Earnings Ratio (20.1x) compared to the estimated Fair Price-To-Earnings Ratio (17.7x).

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

SCL (NZ$4.12) is trading below our estimate of [[fair value]] (NZ$40.15)

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

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

Scales (NZSE:SCL) - Stock Price, News & Analysis

SCL Stock Overview

Engages in manufacture and trading of food ingredients in New Zealand, Asia, Europe, North America, and internationally. More details

SCL fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	1/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 89.7% below our estimate of its fair value

Earnings are forecast to grow 13.17% per year

Became profitable this year

Risk Analysis

Large one-off items impacting financial results

Scales Corporation Limited Competitors

Livestock Improvement

NZSE:LIC

NZ$135.2m

PGG Wrightson

NZSE:PGW

NZ$128.3m

Allied Farmers

NZSE:ALF

NZ$21.9m

Sanford

NZSE:SAN

NZ$391.8m

Price History & Performance

Summary of all time highs, changes and price drops for Scales
Historical stock prices
Current Share Price	NZ$4.12
52 Week High	NZ$4.15
52 Week Low	NZ$2.97
Beta	0.071
11 Month Change	7.57%
3 Month Change	16.06%
1 Year Change	34.20%
33 Year Change	-22.99%
5 Year Change	-20.77%
Change since IPO	160.76%

Scales' (NZSE:SCL) Solid Earnings May Rest On Weak Foundations

Sep 04

Recent updates

Scales Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models

Mar 01

Does Scales Corporation Limited (NZSE:SCL) Have A Place In Your Dividend Stock Portfolio?

Feb 16

Scales Corporation Limited (NZSE:SCL) Stock's On A Decline: Are Poor Fundamentals The Cause?

Jan 29

It Might Not Be A Great Idea To Buy Scales Corporation Limited (NZSE:SCL) For Its Next Dividend

Dec 31

Here's What Scales Corporation Limited's (NZSE:SCL) Shareholder Ownership Structure Looks Like

Dec 24

Did You Participate In Any Of Scales' (NZSE:SCL) Fantastic 187% Return ?

Nov 26

Shareholder Returns

	SCL	NZ Food	NZ Market
7D	1.0%	-3.2%	0.1%
1Y	34.2%	45.6%	9.6%

Return vs Industry: SCL underperformed the NZ Food industry which returned 45.6% over the past year.

Return vs Market: SCL exceeded the NZ Market which returned 9.6% over the past year.

Price Volatility

Is SCL's price volatile compared to industry and market?
SCL volatility
SCL Average Weekly Movement	5.2%
Food Industry Average Movement	5.5%
Market Average Movement	4.5%
10% most volatile stocks in NZ Market	9.3%
10% least volatile stocks in NZ Market	3.0%

Stable Share Price: SCL has not had significant price volatility in the past 3 months compared to the NZ market.

Volatility Over Time: SCL's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1897	n/a	Andy Borland	scalescorporation.co.nz

Scales Corporation Limited engages in manufacture and trading of food ingredients in New Zealand, Asia, Europe, North America, and internationally. It operates through Global Proteins, Horticulture, Logistics, and Other segments. The company processes and markets pet food ingredients, edible meat, and offal products; and orchards, fruit packing, and juice concentrate.

Scales Corporation Limited Fundamentals Summary

How do Scales's earnings and revenue compare to its market cap?
SCL fundamental statistics
Market cap	NZ$591.51m
Earnings (TTM)	NZ$29.49m
Revenue (TTM)	NZ$574.09m

20.1x

P/E Ratio

1.0x

P/S Ratio

Is SCL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SCL income statement (TTM)
Revenue	NZ$574.09m
Cost of Revenue	NZ$434.78m
Gross Profit	NZ$139.31m
Other Expenses	NZ$109.82m
Earnings	NZ$29.49m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.21
Gross Margin	24.27%
Net Profit Margin	5.14%
Debt/Equity Ratio	30.2%

How did SCL perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

20%

Payout Ratio

SCL Stock Overview

Rewards

Risk Analysis

Scales Corporation Limited Competitors

NZSE:LIC

NZ$135.2m

NZSE:PGW

NZ$128.3m

NZSE:ALF

NZ$21.9m

NZSE:SAN

NZ$391.8m

Price History & Performance

Recent News & Updates

Non-Executive Independent Director recently bought NZ$194k worth of stock

Scales' (NZSE:SCL) Solid Earnings May Rest On Weak Foundations

First half 2024 earnings released: EPS: NZ$0.20 (vs NZ$0.027 in 1H 2023)

Scales Corporation Limited to Report First Half, 2024 Results on Aug 28, 2024

Scales Corporation Limited Announces Management Changes

Final dividend of NZ$0.05 announced

Recent updates

Non-Executive Independent Director recently bought NZ$194k worth of stock

Scales' (NZSE:SCL) Solid Earnings May Rest On Weak Foundations

First half 2024 earnings released: EPS: NZ$0.20 (vs NZ$0.027 in 1H 2023)

Scales Corporation Limited to Report First Half, 2024 Results on Aug 28, 2024

Scales Corporation Limited Announces Management Changes

Final dividend of NZ$0.05 announced

Scales Corporation Limited, Annual General Meeting, Jun 05, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Scales Corporation Limited to Report Fiscal Year 2023 Results on Feb 22, 2024

Upcoming dividend of NZ$0.05 per share at 5.5% yield

Scales (NZSE:SCL) Has A Pretty Healthy Balance Sheet

First half 2023 earnings released: EPS: NZ$0.027 (vs NZ$0.18 in 1H 2022)

Price target decreased by 8.8% to NZ$3.56

Scales Corporation Limited to Report First Half, 2023 Results on Aug 23, 2023

Scales' (NZSE:SCL) Dividend Will Be NZ$0.1118

Upcoming dividend of NZ$0.11 per share at 6.0% yield

Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

Scales Corporation Limited Announces Retirement of Mark Hutton Retired as Director

Scales (NZSE:SCL) Is Due To Pay A Dividend Of NZ$0.1118

Non Executive Independent Director recently bought NZ$143k worth of stock

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of NZ$0.041 per share at 5.8% yield

Non Executive Independent Director recently bought NZ$341k worth of stock

Full year 2022 earnings released: EPS: NZ$0.14 (vs NZ$0.19 in FY 2021)

Investor sentiment deteriorates as stock falls 19%

Scales Corporation Limited to Report Fiscal Year 2022 Results on Feb 23, 2023

Upcoming dividend of NZ$0.071 per share

Is Scales (NZSE:SCL) A Risky Investment?

Price target decreased to NZ$4.15

Scales Corporation Limited Announces Half Year Cash Distribution, Payable on January 16, 2023

Insider recently sold NZ$65k worth of stock

Consensus forecasts updated

Price target decreased to NZ$4.55

First half 2022 earnings released: EPS: NZ$0.18 (vs NZ$0.20 in 1H 2021)

Scales Corporation Limited to Report Q2, 2022 Results on Aug 24, 2022

Upcoming dividend of NZ$0.11 per share

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Upcoming dividend of NZ$0.11 per share

Group Health & Safety recently sold NZ$359k worth of stock

Insider recently sold NZ$107k worth of stock

Chief Executive Officer of Mr Apple recently sold NZ$416k worth of stock

Chief Financial Officer recently sold NZ$201k worth of stock

First half 2021 earnings released: EPS NZ$0.20 (vs NZ$0.18 in 1H 2020)

CEO, MD & Executive Director recently sold NZ$1.1m worth of stock

Upcoming dividend of NZ$0.11 per share

Estimating The Fair Value Of Scales Corporation Limited (NZSE:SCL)

Consensus forecasts updated

Is Scales (NZSE:SCL) A Risky Investment?

Scales Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models

Revenue and earnings miss expectations

Full year 2020 earnings released: EPS NZ$0.15 (vs NZ$0.32 in FY 2019)

New 90-day low: NZ$4.50

Does Scales Corporation Limited (NZSE:SCL) Have A Place In Your Dividend Stock Portfolio?

Scales Corporation Limited (NZSE:SCL) Stock's On A Decline: Are Poor Fundamentals The Cause?

It Might Not Be A Great Idea To Buy Scales Corporation Limited (NZSE:SCL) For Its Next Dividend

Upcoming Dividend of NZ$0.11 Per Share

Here's What Scales Corporation Limited's (NZSE:SCL) Shareholder Ownership Structure Looks Like

Did You Participate In Any Of Scales' (NZSE:SCL) Fantastic 187% Return ?