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SeaDragon

NZSE:SEA
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SEA
NZSE
NZ$15M
Market Cap
  1. Home
  2. NZ
  3. Food, Beverage & Tobacco
Company description

SeaDragon Limited primarily manufactures refined fish oils in New Zealand. The last earnings update was 110 days ago. More info.


Add to Portfolio Compare Print
  • SeaDragon has significant price volatility in the past 3 months.
SEA Share Price and Events
7 Day Returns
0%
NZSE:SEA
-2.1%
NZ Food
0.3%
NZ Market
1 Year Returns
-50%
NZSE:SEA
-9.1%
NZ Food
5.6%
NZ Market
SEA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SeaDragon (SEA) 0% 50% 50% -50% -76.9% -84.2%
NZ Food -2.1% 2.6% 13.1% -9.1% 62% 64.1%
NZ Market 0.3% 1% 6.4% 5.6% 22.9% 44%
1 Year Return vs Industry and Market
  • SEA underperformed the Food industry which returned -9.1% over the past year.
  • SEA underperformed the Market in New Zealand which returned 5.6% over the past year.
Price Volatility
SEA
Industry
5yr Volatility vs Market

Value

 Is SeaDragon 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 SeaDragon. This is due to cash flow or dividend data being unavailable. The share price is NZ$0.003.
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 SeaDragon's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SeaDragon's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NZSE:SEA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in NZD NZ$0.00
NZSE:SEA Share Price ** NZSE (2019-03-19) in NZD NZ$0
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 SeaDragon.

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

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

= 0 ÷ 0.00

-1.95x

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

  • SeaDragon is loss making, we can't compare its value to the NZ Food industry average.
  • SeaDragon is loss making, we can't compare the value of its earnings to the New Zealand market.
Price based on expected Growth
Does SeaDragon's expected growth come at a high price?
Raw Data
NZSE:SEA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
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 .

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

  • Unable to calculate PEG ratio for SeaDragon, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SeaDragon's assets?
Raw Data
NZSE:SEA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in NZD NZ$0.00
NZSE:SEA Share Price * NZSE (2019-03-19) in NZD NZ$0
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 1.53x
NZSE:SEA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0 ÷ 0.00

1.04x

* Primary Listing of SeaDragon.

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

  • SeaDragon is good value based on assets compared to the NZ Food industry average.
X
Value checks
We assess SeaDragon'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. SeaDragon has a total score of 1/6, 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 SeaDragon expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SeaDragon has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
19.1%
Expected Food industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SeaDragon expected to grow at an attractive rate?
  • Unable to compare SeaDragon's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare SeaDragon's earnings growth to the New Zealand market average as no estimate data is available.
  • Unable to compare SeaDragon's revenue growth to the New Zealand market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NZSE:SEA Future Growth Rates Data Sources
Data Point Source Value (per year)
New Zealand Food Industry Earnings Growth Rate Market Cap Weighted Average 19.1%
New Zealand Food Industry Revenue Growth Rate Market Cap Weighted Average 15.4%
New Zealand Market Earnings Growth Rate Market Cap Weighted Average 5.9%
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:SEA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in NZD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NZSE:SEA Future Estimates Data
Date (Data in NZD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NZSE:SEA Past Financials Data
Date (Data in NZD Millions) Revenue Cash Flow Net Income *
2018-09-30 4 -5 -7
2018-06-30 3 -5 -6
2018-03-31 3 -5 -6
2017-12-31 3 -4 -6
2017-09-30 3 -4 -6
2017-06-30 4 -4 -6
2017-03-31 4 -4 -7
2016-12-31 4 -5 -8
2016-09-30 4 -6 -8
2016-06-30 5 -5 -7
2016-03-31 6 -3 -6
2015-12-31 7 -2 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if SeaDragon is high growth as no earnings estimate data is available.
  • Unable to determine if SeaDragon is high growth as no revenue estimate data is available.
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:SEA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from SeaDragon Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NZSE:SEA Future Estimates Data
Date (Data in NZD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NZSE:SEA Past Financials Data
Date (Data in NZD Millions) EPS *
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00
2015-12-31 0.00

*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.
  • Unable to establish if SeaDragon will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine SeaDragon's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. SeaDragon's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Food, Beverage & Tobacco companies here
  3. SeaDragon's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess SeaDragon'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.
SeaDragon has a total score of 0/6, 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 SeaDragon 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 SeaDragon'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.
  • SeaDragon does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare SeaDragon's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare SeaDragon's 1-year growth to the NZ Food industry average as it is not currently profitable.
Earnings and Revenue History
SeaDragon'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 SeaDragon Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NZSE:SEA Past Revenue, Cash Flow and Net Income Data
Date (Data in NZD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 3.83 -6.77 0.74
2018-06-30 3.43 -6.42 0.74
2018-03-31 3.03 -6.06 0.74
2017-12-31 2.87 -5.93 0.69
2017-09-30 2.71 -5.80 0.64
2017-06-30 3.52 -6.23 0.64
2017-03-31 4.33 -6.66 0.64
2016-12-31 4.13 -7.52 0.32
2016-09-30 3.92 -8.38
2016-06-30 4.75 -6.95
2016-03-31 5.59 -5.52
2015-12-31 7.02 -4.24 -0.59
2015-09-30 8.45 -2.95 -1.19
2015-06-30 7.33 -2.90 -0.59
2015-03-31 6.21 -2.84
2014-12-31 4.88 -1.60 0.24
2014-09-30 3.54 -0.36 0.49
2014-06-30 3.30 0.03 0.33
2014-03-31 3.06 0.43 0.18
2013-12-31 7.07 0.28 1.00
2013-09-30 11.08 0.13 1.81
2013-06-30 10.04 -0.08 1.48
2013-03-31 9.00 -0.30 1.14
2012-03-31 0.02 -0.52 0.55

*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.
  • It is difficult to establish if SeaDragon has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if SeaDragon has efficiently used its assets last year compared to the NZ Food industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if SeaDragon 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 SeaDragon'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.
SeaDragon has a total score of 0/6, 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 SeaDragon'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 SeaDragon's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SeaDragon is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SeaDragon's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SeaDragon'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 4.6x 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 SeaDragon Company Filings, last reported 5 months ago.

NZSE:SEA Past Debt and Equity Data
Date (Data in NZD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 13.00 0.78 1.36
2018-06-30 13.00 0.78 1.36
2018-03-31 10.73 2.76 1.01
2017-12-31 10.73 2.76 1.01
2017-09-30 14.05 1.43 2.29
2017-06-30 14.05 1.43 2.29
2017-03-31 16.74 1.43 4.93
2016-12-31 16.74 1.43 4.93
2016-09-30 10.65 4.41 0.43
2016-06-30 10.65 4.41 0.43
2016-03-31 11.64 3.87 0.20
2015-12-31 11.64 3.87 0.20
2015-09-30 7.25 6.49 0.71
2015-06-30 7.25 6.49 0.71
2015-03-31 7.94 2.99 0.43
2014-12-31 7.94 2.99 0.43
2014-09-30 10.20 0.00 2.30
2014-06-30 10.20 0.00 2.30
2014-03-31 10.78 0.00 5.16
2013-12-31 10.78 0.00 5.16
2013-09-30 5.55 0.49 1.61
2013-06-30 5.55 0.49 1.61
2013-03-31 8.02 1.40 4.29
2012-03-31 0.80 0.02 0.60
  • SeaDragon's level of debt (6%) 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 (8.7% vs 6% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • SeaDragon has less than a year of cash runway based on current free cash flow.
  • SeaDragon has less than a year of cash runway if free cash flow continues to reduce at historical rates of -28.1% each year.
X
Financial health checks
We assess SeaDragon'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. SeaDragon has a total score of 4/6, 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 SeaDragon'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
0%
Current annual income from SeaDragon dividends.
If you bought NZ$2,000 of SeaDragon shares you are expected to receive NZ$0 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?
  • Unable to evaluate SeaDragon's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate SeaDragon's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:SEA 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 0 Analyst Estimates (S&P Global) See Below
New Zealand Food Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 3.6%
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:SEA Future Dividends Estimate Data
Date (Data in NZ$) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as SeaDragon has not reported any payouts.
  • Unable to verify if SeaDragon's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of SeaDragon's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as SeaDragon has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess SeaDragon'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 SeaDragon afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SeaDragon has a total score of 0/6, 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 SeaDragon'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
Nevin Amos
TENURE AS CEO 2.4 years
CEO Bio

Dr. Nevin Amos, B. Hort Sci (Hons), Ph.D. has been Chief Executive of SeaDragon Limited since October 2016. Dr. Amos served as General Manager of Asia at Comvita Limited from September 2014 to January 2015 and served as its General Manager of North East Asia - Japan from April 2012 to January 2015. Dr. Amos served as Chief Supply Chain Officer of Comvita Ltd. from November 2006 to April 2012. Dr. Amos served as the General Manager of Supply Chain of Comvita Ltd. He holds PhD in Bioprocess Engineering from Massey University from 1983 to 1994 and Advanced Management Programme from INSEAD (SG) in 2012.

CEO Compensation
  • Insufficient data for Nevin to compare compensation growth.
  • Insufficient data for Nevin to establish whether their remuneration is reasonable compared to companies of similar size in New Zealand.
Management Team Tenure

Average tenure of the SeaDragon management team in years:

3.7
Average Tenure
  • The tenure for the SeaDragon management team is about average.
Management Team

Nevin Amos

TITLE
Chief Executive
TENURE
2.4 yrs

Murray Keeley

TITLE
Honorary President
TENURE
3.7 yrs

Campbell Berry-Kilgour

TITLE
Director of Sales
TENURE
4.4 yrs
Board of Directors Tenure

Average tenure of the SeaDragon board of directors in years:

3.6
Average Tenure
  • The tenure for the SeaDragon board of directors is about average.
Board of Directors

Mark Stewart

TITLE
Interim Chairman
COMPENSATION
NZ$8K
TENURE
0.3 yrs

Stuart Macintosh

TITLE
Non-Executive Director
COMPENSATION
NZ$24K
TENURE
3.8 yrs

Matt McNamara

TITLE
Non-Executive Director
COMPENSATION
NZ$24K
TENURE
6.4 yrs

Colin Groves

TITLE
Independent Non-Executive Director
COMPENSATION
NZ$102K
TENURE
3.8 yrs

Mark Sadd

TITLE
Non-Executive Director
COMPENSATION
NZ$8K
TENURE
1.3 yrs

Jeremy Curnock Cook

TITLE
Alternate Director
AGE
68
TENURE
3.6 yrs

Warwick Webb

TITLE
Alternate Director
TENURE
1.3 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$) Value (NZ$)
X
Management checks
We assess SeaDragon'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. SeaDragon 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

Some SeaDragon (NZSE:SEA) Shareholders Have Taken A Painful 84% Share Price Drop

Imagine if you held SeaDragon Limited (NZSE:SEA) for half a decade as the share price tanked 84%. … SeaDragon isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … This kind of price performance makes us very wary, especially when combined with falling revenue.

Simply Wall St -

Does SeaDragon Limited (NZSE:SEA) Have Enough Money Left To Grow?

As the NZ$15m market cap SeaDragon Limited (NZSE:SEA) released another year of negative earnings, investors may be on edge waiting for breakeven. … Additional cash raising may dilute the value of your shares, and since SeaDragon is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … SeaDragon currently has NZ$1.4m in the bank, with negative cash flows from operations of -NZ$5.2m.

Simply Wall St -

Does SeaDragon Limited's (NZSE:SEA) Past Performance Indicate A Weaker Future?

Analyzing SeaDragon Limited's (NZSE:SEA) track record of past performance is a valuable exercise for investors. … Today I will assess SEA's recent performance announced on 30 September 2018 and compare these figures to its long-term trend and industry movements. … How Did SEA's Recent Performance Stack Up Against Its Past.

Simply Wall St -

Is SeaDragon Limited's (NZSE:SEA) Balance Sheet Strong Enough To Weather A Storm?

Investors are always looking for growth in small-cap stocks like SeaDragon Limited (NZSE:SEA), with a market cap of NZ$10m. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

Simply Wall St -

How Financially Strong Is SeaDragon Limited (NZSE:SEA)?

SeaDragon Limited (NZSE:SEA) is a small-cap stock with a market capitalization of NZ$18.05m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

Who Owns Most Of SeaDragon Limited (NZE:SEA)?

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in SEA should also look at another important group of investors: private companies, with a stake of 21.00%, who are primarily invested because of strategic and capital gain interests. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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How Did SeaDragon Limited's (NZE:SEA) Earnings Growth Stack Up Against The Industry?

View our latest analysis for SeaDragon Did SEA's recent earnings growth beat the long-term trend and the industry? … For SeaDragon, its most recent trailing-twelve-month earnings is -NZ$5.80M, which, in comparison to the prior year's level, has become less negative. … Each year, for the past five years SeaDragon has seen an annual decline in revenue of -7.93%, on average.

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What You Must Know About SeaDragon Limited's (NZE:SEA) Financial Strength

How does SEA’s operating cash flow stack up against its debt? … With this debt payback, the current cash and short-term investment levels stands at NZ$4.93M for investing into the business. … Looking at SEA’s most recent NZ$2.53M liabilities, the company has been able to meet these commitments with a current assets level of NZ$7.20M, leading to a 2.85x current account ratio.

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SeaDragon Limited (NZE:SEA) And The Consumer Discretionary Industry Prospect For 2018

However, the key uncertainty facing the food product industry specifically is around the change in consumer taste and growth in customer expectation from food producers. … This rate is more than double the growth rate of the NZ stock market as a whole. … NZSE:SEA PE PEG Gauge Feb 11th 18 The food product industry is trading at a PE ratio of 14.14x, in-line with the NZ stock market PE of 13.38x.

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Who Really Owns SeaDragon Limited (NZE:SEA)?

Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … Private Company Ownership Another important group of owners for potential investors in SEA are private companies that hold a stake of 23.66% in SEA. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.What this means for you: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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Company Info

Description

SeaDragon Limited primarily manufactures refined fish oils in New Zealand. The company engages in the processing of fish oils into marine bioactive compounds. It offers Omega-2 and Omega-3 fish oil products. The company is also involved in fish oil blending activities. SeaDragon Limited exports its products. The company was incorporated in 1986 and is based in Nelson, New Zealand.

Details
Name: SeaDragon Limited
SEA
Exchange: NZSE
Founded: 1986
NZ$14,529,914
4,843,304,727
Website: http://www.seadragon.co.nz
Address: SeaDragon Limited
12 Nayland Road,
Stoke,
Nelson,
7011,
New Zealand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NZSE SEA Ordinary Shares New Zealand Stock Exchange NZ NZD 17. Oct 2012
Number of employees
Current staff
Staff numbers
16
SeaDragon employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 10:34
End of day share price update: 2019/03/19 00:00
Last estimates confirmation: 2018/05/30
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


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.