Seeka Limited, together with its subsidiaries, provides orchard lease and management, and post harvest services to the horticulture industry primarily in New Zealand.
Fair value with acceptable track record.
- Seeka is covered by less than 3 analysts.
Share Price & News
How has Seeka's share price performed over time and what events caused price changes?
Latest Share Price and Events
7 Day Return
1 Year Return
SEK underperformed the Food industry which returned -11.7% over the past year.
SEK underperformed the Market in New Zealand which returned 10.6% over the past year.
Share holder returns
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 StIs It Worth Considering Seeka Limited (NZSE:SEK) For Its Upcoming Dividend?
1 week ago | Simply Wall StCan We See Significant Insider Ownership On The Seeka Limited (NZSE:SEK) Share Register?
3 weeks ago | Simply Wall StCalculating The Fair Value Of Seeka Limited (NZSE:SEK)
Is Seeka undervalued based on future cash flows and its price relative to the stock market?
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Seeka's share price is below the future cash flow value, but not at a moderate discount (< 20%).
Seeka's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Seeka is good value based on earnings compared to the NZ Food industry average.
Seeka is good value based on earnings compared to the New Zealand market.
Price Based on Expected Growth
Seeka is poor value based on expected growth next year.
Price Based on Value of Assets
Seeka is good value based on assets compared to the NZ Food industry average.
How is Seeka expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Seeka's revenue is expected to grow by 10.4% yearly, however this is not considered high growth (20% yearly).
Seeka's earnings are expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).
Seeka's revenue growth is expected to exceed the New Zealand market average.
Seeka's earnings growth is positive but not above the New Zealand market average.
Seeka's earnings growth is expected to exceed the low risk savings rate of 2.4%.
Earnings per Share Growth Estimates
Future Return on Equity
Seeka is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
How has Seeka performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Seeka's year on year earnings growth rate has been positive over the past 5 years.
Seeka's 1-year earnings growth exceeds its 5-year average (145.4% vs 14.1%)
Seeka's earnings growth has exceeded the NZ Food industry average in the past year (145.4% vs -3.4%).
Return on Equity
Seeka has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Seeka used its assets less efficiently than the NZ Food industry average last year based on Return on Assets.
Return on Capital Employed
Seeka's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
How is Seeka's financial position?
Financial Position Analysis
Seeka is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Seeka's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Seeka's level of debt (94.7%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (54.3% vs 94.7% today).
Debt is not well covered by operating cash flow (9.8%, less than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 3.4x coverage).
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.9x debt.
What is Seeka's current dividend yield, its reliability and sustainability?
Expected Dividend Yield
Dividend Yield and Payments Analysis
Seeka's pays a higher dividend yield than the bottom 25% of dividend payers in New Zealand (3.07%).
Seeka's dividend is below the markets top 25% of dividend payers in New Zealand (5.76%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
No dividend growth in 10 years.
Current Payout to Shareholders
Dividends paid are covered by earnings (1.5x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
What is the CEO of Seeka's salary, the management and board of directors tenure and is there insider trading?
Average board tenure
Michael Franks 0
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.
Board Age and Tenure
The tenure for the Seeka board of directors is about average.
No 3 month open market individual insider trading information.
CFO & Company Secretary
- Tenure: 12.9yrs
Group Financial Controller
- Tenure: 0yrs
- Tenure: 0yrs
Chief Executive Officer
- Tenure: 0yrs
General Manager of Growers and Marketing
- Tenure: 0.7yrs
- Tenure: 5.3yrs
- Compensation: NZ$33.33k
Cecilia Tarrant (59yo)
- Tenure: 2.3yrs
John Hone Burke
- Tenure: 7.4yrs
- Compensation: NZ$34.00k
- Tenure: 9.9yrs
- Compensation: NZ$30.00k
Independent Chairman of the Board
- Tenure: 6.8yrs
- Compensation: NZ$16.67k
- Tenure: 6.3yrs
- Compensation: NZ$26.67k
- Tenure: 3.5yrs
- Compensation: NZ$41.67k
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$152.387m
- Shares outstanding: 31.48m
- Website: https://www.seeka.co.nz
Number of Employees
- Seeka Limited
- 47 Young Road
- PO Box 47
- 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||2019/09/15 10:32|
|End of Day Share Price||2019/09/13 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.