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
Fair value with moderate growth potential.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SEK underperformed the NZ Food industry which returned 18.7% over the past year.
Return vs Market: SEK underperformed the NZ Market which returned 0.6% over the past year.
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 month ago | Simply Wall StChief Executive Officer Michael Franks Just Bought 7.2% More Shares In Seeka Limited (NZSE:SEK)
1 month ago | Simply Wall StSeeka Limited (NZSE:SEK) Screens Well But There Might Be A Catch
2 months ago | Simply Wall StDid You Participate In Any Of Seeka's (NZSE:SEK) Respectable 85% Return?
Is Seeka undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SEK (NZ$4.08) is trading below our estimate of fair value (NZ$4.84)
Significantly Below Fair Value: SEK is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SEK is poor value based on its PE Ratio (18.6x) compared to the NZ Food industry average (15x).
PE vs Market: SEK is good value based on its PE Ratio (18.6x) compared to the NZ market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: SEK is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: SEK is good value based on its PB Ratio (0.8x) compared to the NZ Food industry average (1.3x).
How is Seeka forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SEK's forecast earnings growth (16.1% per year) is above the savings rate (2.6%).
Earnings vs Market: SEK's earnings (16.1% per year) are forecast to grow faster than the NZ market (10.9% per year).
High Growth Earnings: SEK's earnings are forecast to grow, but not significantly.
Revenue vs Market: SEK's revenue (8.9% per year) is forecast to grow faster than the NZ market (5.5% per year).
High Growth Revenue: SEK's revenue (8.9% 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 (6.9%).
How has Seeka performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEK has a high level of non-cash earnings.
Growing Profit Margin: SEK's current net profit margins (2.9%) are lower than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: SEK's earnings have grown by 7.6% per year over the past 5 years.
Accelerating Growth: SEK's earnings growth over the past year (3.5%) is below its 5-year average (7.6% per year).
Earnings vs Industry: SEK earnings growth over the past year (3.5%) exceeded the Food industry 2.2%.
Return on Equity
High ROE: SEK's Return on Equity (4.4%) is considered low.
How is Seeka's financial position?
Financial Position Analysis
Short Term Liabilities: SEK's short term assets (NZ$83.1M) exceed its short term liabilities (NZ$51.7M).
Long Term Liabilities: SEK's short term assets (NZ$83.1M) do not cover its long term liabilities (NZ$161.6M).
Debt to Equity History and Analysis
Debt Level: SEK's debt to equity ratio (77.7%) is considered high.
Reducing Debt: SEK's debt to equity ratio has increased from 32.2% to 77.7% over the past 5 years.
Debt Coverage: SEK's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: SEK's interest payments on its debt are not well covered by EBIT (1.9x coverage).
What is Seeka current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SEK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SEK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SEK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SEK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SEK is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SEK'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
Mr. Michael Franks serves as the Chief Executive Officer at Seeka Kiwifruit Industries Limited and served as its Chief Financial Officer and General Manager of Commercial.
|Independent Non-Executive Director||6.33yrs||NZ$33.33k||0.045% |
|Independent Non-Executive Director||3.42yrs||no data||0.022% |
|Independent Non-Executive Chairman||7.75yrs||NZ$16.67k||0.15% |
|Non-Executive Director||7.42yrs||NZ$26.67k||0.029% |
Experienced Board: SEK's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SEK insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Seeka Limited's company bio, employee growth, exchange listings and data sources
- Name: Seeka Limited
- Ticker: SEK
- Exchange: NZSE
- Founded: 1987
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: NZ$119.817m
- Shares outstanding: 29.37m
- Website: https://www.seeka.co.nz
Number of Employees
- Seeka Limited
- 34 Young Road
- RD9, Paengaroa 3189
- Te Puke
- New Zealand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SEK||NZSE (New Zealand Stock Exchange)||Yes||Ordinary Shares||NZ||NZD||Nov 2003|
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||2020/09/22 19:09|
|End of Day Share Price||2020/09/22 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.