SeaDragon Limited, together with its subsidiaries, manufactures and markets refined fish oils in New Zealand and internationally.
+ 3 more risks
Adequate balance sheet and overvalued.
Share Price & News
How has SeaDragon's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SEA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SEA exceeded the NZ Food industry which returned -1.3% over the past year.
Return vs Market: SEA underperformed the NZ Market which returned 22.3% over the past year.
Price Volatility Vs. Market
How volatile is SeaDragon's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHere's Why SeaDragon (NZSE:SEA) Must Use Its Cash Wisely
1 month ago | Simply Wall StWhat Kind Of Investor Owns Most Of SeaDragon Limited (NZSE:SEA)?
3 months ago | Simply Wall StSome SeaDragon (NZSE:SEA) Shareholders Have Copped A 96% Share Price Wipe Out
Is SeaDragon undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SEA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SEA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SEA is unprofitable, so we can't compare its PE Ratio to the Food industry average.
PE vs Market: SEA is unprofitable, so we can't compare its PE Ratio to the NZ market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SEA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SEA is good value based on its PB Ratio (0.9x) compared to the NZ Food industry average (1.2x).
How is SeaDragon forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
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 SimplyWall St do have past financial data.
- 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.
- SeaDragon competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has SeaDragon performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEA is currently unprofitable.
Growing Profit Margin: SEA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SEA is unprofitable, and losses have increased over the past 5 years at a rate of -23.5% per year.
Accelerating Growth: Unable to compare SEA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SEA is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-9.7%).
Return on Equity
High ROE: SEA has a negative Return on Equity (-81.56%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is SeaDragon's financial position?
Financial Position Analysis
Short Term Liabilities: SEA's short term assets (NZ$3.3M) exceed its short term liabilities (NZ$1.5M).
Long Term Liabilities: SEA's short term assets (NZ$3.3M) exceed its long term liabilities (NZ$2.2M).
Debt to Equity History and Analysis
Debt Level: SEA is debt free.
Reducing Debt: SEA has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Inventory Level: SEA has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if SEA's debt is covered by short term assets.
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.
Stable Cash Runway: SEA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SEA has less than a year of cash runway if free cash flow continues to reduce at historical rates of -4.8% each year
What is SeaDragon's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate SEA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SEA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SEA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SEA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SEA's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Nevin Amos 0
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 ...
|Alternate Director||4.5yrs||no data||no data|
|Independent Chairman||0.8yrs||NZ$8.00k||no data|
|Non-Executive Director||4.7yrs||NZ$24.00k||9.05% NZ$876.8k|
|Non-Executive Director||2.3yrs||NZ$24.00k||no data|
|Alternate Director||2.3yrs||no data||no data|
|Non-Executive Director||7.3yrs||NZ$24.00k||no data|
|Independent Non-Executive Director||4.7yrs||NZ$106.00k||0.62% NZ$60.0k|
|Non-Executive Director||2.3yrs||NZ$24.00k||no data|
Experienced Board: SEA's board of directors are considered experienced (3.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.8%.
SeaDragon Limited's company bio, employee growth, exchange listings and data sources
- Name: SeaDragon Limited
- Ticker: SEA
- Exchange: NZSE
- Founded: 1986
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: NZ$9.687m
- Shares outstanding: 4.84b
- Website: https://www.seadragon.co.nz
Number of Employees
- SeaDragon Limited
- 12 Nayland Road
- New Zealand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SEA||NZSE (New Zealand Stock Exchange)||Yes||Ordinary Shares||NZ||NZD||Oct 2012|
SeaDragon Limited, together with its subsidiaries, manufactures and markets refined fish oils in New Zealand and internationally. The company engages in the processing of fish oils into marine bioactive compounds; and offers Omega-2 and Omega-3 fish oil products. It is also involved in fish oil blending activities. The company primarily serves health supplement manufacturers. SeaDragon Limited was incorporated in 1986 and is based in Nelson, New Zealand.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 10:37|
|End of Day Share Price||2020/02/20 00:00|
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.