Seeka Limited, together with its subsidiaries, provides orchard lease and management, and post harvest services to the horticulture industry primarily in New Zealand.
Good value with acceptable track record.
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
Return vs Industry: SEK underperformed the NZ Food industry which returned 1.9% over the past year.
Return vs Market: SEK underperformed the NZ Market which returned 19.1% 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 week ago | Simply Wall StIs Seeka Limited's (NZSE:SEK) 6.2% ROE Better Than Average?
3 weeks ago | Simply Wall StDo You Like Seeka Limited (NZSE:SEK) At This P/E Ratio?
1 month ago | Simply Wall StIs It Worth Considering Seeka Limited (NZSE:SEK) For Its Upcoming Dividend?
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$4.87) is trading below our estimate of fair value (NZ$5.03)
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 good value based on its PE Ratio (13.6x) compared to the Food industry average (19.4x).
PE vs Market: SEK is good value based on its PE Ratio (13.6x) compared to the NZ market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: SEK is poor value based on its PEG Ratio (4.1x)
Price to Book Ratio
PB vs Industry: SEK is good value based on its PB Ratio (1x) compared to the NZ Food industry average (1.1x).
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 (3.3% per year) is above the savings rate (2.4%).
Earnings vs Market: SEK's earnings (3.3% per year) are forecast to grow slower than the NZ market (7% per year).
High Growth Earnings: SEK's earnings are forecast to grow, but not significantly.
Revenue vs Market: SEK's revenue (10.4% per year) is forecast to grow faster than the NZ market (4.2% per year).
High Growth Revenue: SEK's revenue (10.4% 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 (6.2%).
How has Seeka performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SEK's earnings have grown by 14.1% per year over the past 5 years.
Accelerating Growth: SEK's earnings growth over the past year (145.4%) exceeds its 5-year average (14.1% per year).
Earnings vs Industry: SEK earnings growth over the past year (145.4%) exceeded the Food industry -3.4%.
Return on Equity
High ROE: SEK's Return on Equity (6.2%) is considered low.
Return on Assets
ROA vs Industry: SEK's Return on Assets is below or equal to the Food industry average last year.
Return on Capital Employed
ROCE Improving: SEK's Return on Capital Employed has declined over the past 3 years.
How is Seeka's financial position?
Financial Position Analysis
Short Term Liabilities: SEK's short term assets (NZ$132.3M) exceeds its short term liabilities (NZ$111.4M)
Long Term Liabilities: SEK's short term assets (132.3M) do not cover its long term liabilities (136.1M)
Debt to Equity History and Analysis
Debt Level: SEK's debt to equity ratio (94.7%) is considered high
Reducing Debt: SEK's debt to equity ratio has increased from 54.3% to 94.7% over the past 5 years.
Debt Coverage: SEK's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: SEK's interest payments on its debt are well covered by EBIT (3.4x coverage).
Inventory Level: SEK has a high level of physical assets or inventory.
Debt Coverage by Assets: SEK's debt is not covered by short term assets (assets are 0.9x debt).
What is Seeka's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SEK's dividend (4.93%) is higher than the bottom 25% of dividend payers in the NZ market (3%).
High Dividend: SEK's dividend (4.93%) is low compared to the top 25% of dividend payers in the NZ market (5.56%).
Stable Dividend: SEK's dividend payments have been volatile in the past 10 years.
Growing Dividend: SEK's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.2%), SEK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SEK's dividends in 3 years are forecast to be covered by earnings (82.3% payout ratio).
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
Experienced Board: SEK's board of directors are considered experienced (6.3 years average tenure).
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
CFO & Company Secretary
- Tenure: 13yrs
Group Financial Controller
- Tenure: 0yrs
- Tenure: 0yrs
Chief Executive Officer
- Tenure: 0yrs
General Manager of Growers and Marketing
- Tenure: 0.8yrs
- Tenure: 5.4yrs
- Compensation: NZ$33.33k
Cecilia Tarrant (59yo)
- Tenure: 2.4yrs
John Hone Burke
- Tenure: 7.5yrs
- Compensation: NZ$34.00k
- Tenure: 10yrs
- Compensation: NZ$30.00k
Independent Chairman of the Board
- Tenure: 6.8yrs
- Compensation: NZ$16.67k
- Tenure: 6.3yrs
- Compensation: NZ$26.67k
- Tenure: 3.6yrs
- 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$154.079m
- Shares outstanding: 31.64m
- 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||2019/10/21 10:33|
|End of Day Share Price||2019/10/18 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.