| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
SEK Stock Overview
Seeka Limited, together with its subsidiaries, provides orchard lease and management, and post harvest services to the horticulture industry primarily in New Zealand.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$5.28 |
| 52 Week High | NZ$5.68 |
| 52 Week Low | NZ$4.66 |
| Beta | 0.74 |
| 1 Month Change | 0.57% |
| 3 Month Change | 2.92% |
| 1 Year Change | 8.87% |
| 3 Year Change | 24.53% |
| 5 Year Change | 16.30% |
| Change since IPO | 8.87% |
Recent News & Updates
Is Seeka (NZSE:SEK) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Does Seeka (NZSE:SEK) Deserve A Spot On Your Watchlist?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Shareholder Returns
| SEK | NZ Food | NZ Market | |
|---|---|---|---|
| 7D | 1.0% | -0.4% | -2.1% |
| 1Y | 8.9% | -34.0% | -10.3% |
Return vs Industry: SEK exceeded the NZ Food industry which returned -34% over the past year.
Return vs Market: SEK exceeded the NZ Market which returned -10.3% over the past year.
Price Volatility
| SEK volatility | |
|---|---|
| SEK Average Weekly Movement | 1.4% |
| Food Industry Average Movement | 3.4% |
| Market Average Movement | 3.7% |
| 10% most volatile stocks in NZ Market | 6.4% |
| 10% least volatile stocks in NZ Market | 2.4% |
Stable Share Price: SEK is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: SEK's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 424 | Michael Franks | https://www.seeka.co.nz |
Seeka Limited, together with its subsidiaries, provides orchard lease and management, and post harvest services to the horticulture industry primarily in New Zealand. It operates through Orchard Operations, Post Harvest Operations, and Retail Service Operations segments. The Orchard Operations segment offers on-orchard management services to orchard owners who produce kiwifruit, avocado, and kiwiberry crops.
Seeka Fundamentals Summary
| SEK fundamental statistics | |
|---|---|
| Market Cap | NZ$197.24m |
| Earnings (TTM) | NZ$17.34m |
| Revenue (TTM) | NZ$297.26m |
0.0x
P/E Ratio0.0x
P/S RatioIs SEK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SEK income statement (TTM) | |
|---|---|
| Revenue | NZ$297.26m |
| Cost of Revenue | NZ$222.16m |
| Gross Profit | NZ$75.10m |
| Expenses | NZ$57.76m |
| Earnings | NZ$17.34m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0 |
| Gross Margin | 25.26% |
| Net Profit Margin | 5.83% |
| Debt/Equity Ratio | 55.7% |
How did SEK perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield42%
Payout RatioValuation
Is Seeka undervalued compared to its fair value and its price relative to the market?
26.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SEK (NZ$5.28) is trading below our estimate of fair value (NZ$7.21)
Significantly Below Fair Value: SEK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: Insufficient data to calculate SEK's PE Ratio to determine if it is good value compared to the Oceanic Food industry average.
PE vs Market: Insufficient data to calculate SEK's PE Ratio to determine if it is good value compared to the NZ market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SEK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: Insufficient data to calculate SEK's PB Ratio to determine if it is good value.
Future Growth
How is Seeka forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
11.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SEK's forecast earnings growth (11% per year) is above the savings rate (2.1%).
Earnings vs Market: SEK's earnings (11% per year) are forecast to grow faster than the NZ market (7.4% per year).
High Growth Earnings: SEK's earnings are forecast to grow, but not significantly.
Revenue vs Market: SEK's revenue (13% per year) is forecast to grow faster than the NZ market (4.8% per year).
High Growth Revenue: SEK's revenue (13% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SEK's Return on Equity is forecast to be low in 3 years time (8.4%).
Past Performance
How has Seeka performed over the past 5 years?
12.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEK has a large one-off gain of NZ$5.6M impacting its June 30 2021 financial results.
Growing Profit Margin: SEK's current net profit margins (5.8%) are higher than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: SEK's earnings have grown by 12.2% per year over the past 5 years.
Accelerating Growth: SEK's earnings growth over the past year (29.4%) exceeds its 5-year average (12.2% per year).
Earnings vs Industry: SEK earnings growth over the past year (29.4%) exceeded the Food industry 2.9%.
Return on Equity
High ROE: SEK's Return on Equity (7.4%) is considered low.
Financial Health
How is Seeka's financial position?
Financial Position Analysis
Short Term Liabilities: SEK's short term assets (NZ$129.8M) do not cover its short term liabilities (NZ$130.3M).
Long Term Liabilities: SEK's short term assets (NZ$129.8M) do not cover its long term liabilities (NZ$155.2M).
Debt to Equity History and Analysis
Debt Level: SEK's net debt to equity ratio (55%) is considered high.
Reducing Debt: SEK's debt to equity ratio has reduced from 102.4% to 55.7% over the past 5 years.
Debt Coverage: SEK's debt is well covered by operating cash flow (28.6%).
Interest Coverage: SEK's interest payments on its debt are well covered by EBIT (4.1x coverage).
Balance Sheet
Dividend
What is Seeka current dividend yield, its reliability and sustainability?
4.92%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SEK's dividend (4.92%) is higher than the bottom 25% of dividend payers in the NZ market (2.73%).
High Dividend: SEK's dividend (4.92%) is low compared to the top 25% of dividend payers in the NZ market (4.99%).
Stability and Growth of Payments
Stable Dividend: SEK's dividend payments have been volatile in the past 10 years.
Growing Dividend: SEK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42%), SEK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SEK's dividends in 3 years are forecast to be covered by earnings (62.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.2yrs
Average board tenure
CEO
Michael Franks
no data
Tenure
NZ$833,587
Compensation
Mr. Michael Franks serves as the Chief Executive Officer at Seeka Limited and served as its Chief Financial Officer and General Manager of Commercial.
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD566.56K) is above average for companies of similar size in the NZ market ($USD369.90K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: SEK's board of directors are considered experienced (8.2 years average tenure).
Ownership
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Top Shareholders
Company Information
Seeka Limited's employee growth, exchange listings and data sources
Key Information
- Name: Seeka Limited
- Ticker: SEK
- Exchange: NZSE
- Founded: 1987
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: NZ$197.242m
- Shares outstanding: 37.43m
- Website: https://www.seeka.co.nz
Number of Employees
Location
- Seeka Limited
- 34 Young Road
- RD9, Paengaroa 3189
- Te Puke
- 3153
- New Zealand
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 12:43 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.