Market Cap
NZ$190.4m
Last Updated
2021/05/15 07:01 UTC
Data Sources
Company Financials +
Executive Summary
Seeka Limited, together with its subsidiaries, provides orchard lease and management, and post harvest services to the horticulture industry primarily in New Zealand. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with proven track record and pays a dividend.
Share Price & News
How has Seeka's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SEK is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SEK's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-3.4%
SEK
-9.6%
NZ Food
-2.6%
NZ Market
1 Year Return
14.1%
SEK
-43.8%
NZ Food
15.7%
NZ Market
Return vs Industry: SEK exceeded the NZ Food industry which returned -43.2% over the past year.
Return vs Market: SEK underperformed the NZ Market which returned 15.7% over the past year.
Shareholder returns
| SEK | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | -9.6% | -2.6% |
| 30 Day | 3.6% | -20.4% | -2.8% |
| 90 Day | 10.0% | -27.2% | -2.8% |
| 1 Year | 24.5%14.1% | -43.3%-43.8% | 19.1%15.7% |
| 3 Year | -3.4%-25.9% | -38.8%-41.0% | 40.2%23.5% |
| 5 Year | 61.3%12.8% | 18.4%2.7% | 77.2%36.8% |
Long-Term Price Volatility Vs. Market
How volatile is Seeka's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Seeka Limited's (NZSE:SEK) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?1 month ago | Simply Wall St
Does Seeka (NZSE:SEK) Deserve A Spot On Your Watchlist?1 month ago | Simply Wall St
Should You Buy Seeka Limited (NZSE:SEK) For Its Dividend?Valuation
Is Seeka undervalued compared to its fair value and its price relative to the market?
23.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SEK (NZ$5.19) is trading below our estimate of fair value (NZ$6.78)
Significantly Below Fair Value: SEK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SEK is good value based on its PE Ratio (10.1x) compared to the NZ Food industry average (16.6x).
PE vs Market: SEK is good value based on its PE Ratio (10.1x) compared to the NZ market (23.9x).
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: SEK is good value based on its PB Ratio (0.9x) compared to the NZ Food industry average (1x).
Future Growth
How is Seeka forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
13.5%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if SEK's forecast earnings growth is above the savings rate (2.1%).
Earnings vs Market: Insufficient data to determine if SEK's earnings are forecast to grow faster than the NZ market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SEK's revenue (13.5% per year) is forecast to grow faster than the NZ market (6% per year).
High Growth Revenue: SEK's revenue (13.5% 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 (7.1%).
Past Performance
How has Seeka performed over the past 5 years?
9.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEK has a large one-off gain of NZ$9.1M impacting its December 31 2020 financial results.
Growing Profit Margin: SEK's current net profit margins (6%) are higher than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: SEK's earnings have grown by 9.9% per year over the past 5 years.
Accelerating Growth: SEK's earnings growth over the past year (119%) exceeds its 5-year average (9.9% per year).
Earnings vs Industry: SEK earnings growth over the past year (119%) exceeded the Food industry 1.2%.
Return on Equity
High ROE: SEK's Return on Equity (8.6%) is considered low.
Financial Health
How is Seeka's financial position?
Financial Position Analysis
Short Term Liabilities: SEK's short term assets (NZ$59.7M) exceed its short term liabilities (NZ$53.4M).
Long Term Liabilities: SEK's short term assets (NZ$59.7M) do not cover its long term liabilities (NZ$145.7M).
Debt to Equity History and Analysis
Debt Level: SEK's debt to equity ratio (47.5%) is considered high.
Reducing Debt: SEK's debt to equity ratio has reduced from 77.4% to 47.5% over the past 5 years.
Debt Coverage: SEK's debt is well covered by operating cash flow (31.5%).
Interest Coverage: SEK's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
Dividend
What is Seeka current dividend yield, its reliability and sustainability?
4.62%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SEK's dividend (4.62%) is higher than the bottom 25% of dividend payers in the NZ market (2.42%).
High Dividend: SEK's dividend (4.62%) is low compared to the top 25% of dividend payers in the NZ market (4.69%).
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 (42.7%), 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 (69.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.1yrs
Average board tenure
CEO
Michael Franks
no data
Tenure
NZ$904,796
Compensation
Mr. Michael Franks serves as the Chief Executive Officer at Seeka Limited and served as its Chief Financial Officer and General Manager of Commercial.
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD655.08K) is above average for companies of similar size in the NZ market ($USD272.83K).
Compensation vs Earnings: Insufficient data to compare Michael's compensation with company performance.
Board Members
Experienced Board: SEK's board of directors are considered experienced (8.1 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: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.9%.
Top Shareholders
Company Information
Seeka Limited's company bio, 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
- Market Cap: NZ$190.376m
- Shares outstanding: 36.68m
- Website: https://www.seeka.co.nz
Number of Employees
Location
- Seeka Limited
- 34 Young Road
- RD9, Paengaroa 3189
- Te Puke
- 3153
- New Zealand
Listings
Biography
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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/15 07:01 |
| End of Day Share Price | 2021/05/14 00:00 |
| Earnings | 2020/12/31 |
| 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.