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SENE

Seneca Foods NasdaqGS:SENE.A Stock Report

Last Price

US$55.26

Market Cap

US$444.6m

7D

-11.5%

1Y

12.0%

Updated

18 Aug, 2022

Data

Company Financials
SENE.A fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

SENE.A Stock Overview

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally.

Seneca Foods Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Seneca Foods
Historical stock prices
Current Share PriceUS$55.26
52 Week HighUS$63.56
52 Week LowUS$41.54
Beta0.61
1 Month Change-4.26%
3 Month Change1.84%
1 Year Change12.04%
3 Year Change105.43%
5 Year Change93.55%
Change since IPO176.30%

Recent News & Updates

Aug 18
Does Seneca Foods (NASDAQ:SENE.A) Have A Healthy Balance Sheet?

Does Seneca Foods (NASDAQ:SENE.A) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Jun 14
Seneca Foods (NASDAQ:SENE.A) Is Doing The Right Things To Multiply Its Share Price

Seneca Foods (NASDAQ:SENE.A) Is Doing The Right Things To Multiply Its Share Price

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

SENE.AUS FoodUS Market
7D-11.5%1.8%1.4%
1Y12.0%7.6%-8.4%

Return vs Industry: SENE.A exceeded the US Food industry which returned 7.4% over the past year.

Return vs Market: SENE.A exceeded the US Market which returned -9% over the past year.

Price Volatility

Is SENE.A's price volatile compared to industry and market?
SENE.A volatility
SENE.A Average Weekly Movement7.5%
Food Industry Average Movement6.1%
Market Average Movement7.6%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: SENE.A is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SENE.A's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19492,900Paul Palmbyhttps://www.senecafoods.com

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and bottled produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby’s, Aunt Nellie’s, Cherryman, Green Valley, and READ. It also packs canned and frozen vegetables under contract packing agreements.

Seneca Foods Fundamentals Summary

How do Seneca Foods's earnings and revenue compare to its market cap?
SENE.A fundamental statistics
Market CapUS$444.56m
Earnings (TTM)US$41.79m
Revenue (TTM)US$1.42b

10.5x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SENE.A income statement (TTM)
RevenueUS$1.42b
Cost of RevenueUS$1.28b
Gross ProfitUS$137.15m
Other ExpensesUS$95.36m
EarningsUS$41.79m

Last Reported Earnings

Jul 02, 2022

Next Earnings Date

n/a

Earnings per share (EPS)5.27
Gross Margin9.69%
Net Profit Margin2.95%
Debt/Equity Ratio29.9%

How did SENE.A perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SENE.A undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SENE.A?

Other financial metrics that can be useful for relative valuation.

SENE.A key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA6.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does SENE.A's PE Ratio compare to its peers?

SENE.A PE Ratio vs Peers
The above table shows the PE ratio for SENE.A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average22.5x
FREE Whole Earth Brands
20.4x56.0%US$253.9m
JBSS John B. Sanfilippo & Son
14.8xn/aUS$842.2m
AVO Mission Produce
48.9x43.0%US$1.2b
AGRO Adecoagro
5.7x-11.2%US$1.0b
SENE.A Seneca Foods
10.5xn/aUS$444.6m

Price-To-Earnings vs Peers: SENE.A is good value based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (22.5x).


Price to Earnings Ratio vs Industry

How does SENE.A's PE Ratio compare vs other companies in the US Food Industry?

Price-To-Earnings vs Industry: SENE.A is good value based on its Price-To-Earnings Ratio (10.5x) compared to the US Food industry average (19x)


Price to Earnings Ratio vs Fair Ratio

What is SENE.A's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SENE.A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SENE.A's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SENE.A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate SENE.A's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SENE.A's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Seneca Foods forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.5%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Seneca Foods has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine Seneca Foods's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Seneca Foods performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


45.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SENE.A has high quality earnings.

Growing Profit Margin: SENE.A's current net profit margins (3%) are lower than last year (8.4%).


Past Earnings Growth Analysis

Earnings Trend: SENE.A's earnings have grown significantly by 45.4% per year over the past 5 years.

Accelerating Growth: SENE.A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SENE.A had negative earnings growth (-64.9%) over the past year, making it difficult to compare to the Food industry average (5.4%).


Return on Equity

High ROE: SENE.A's Return on Equity (7.3%) is considered low.


Discover strong past performing companies

Financial Health

How is Seneca Foods's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SENE.A's short term assets ($633.9M) exceed its short term liabilities ($216.0M).

Long Term Liabilities: SENE.A's short term assets ($633.9M) exceed its long term liabilities ($243.2M).


Debt to Equity History and Analysis

Debt Level: SENE.A's net debt to equity ratio (27.7%) is considered satisfactory.

Reducing Debt: SENE.A's debt to equity ratio has reduced from 81.7% to 29.9% over the past 5 years.

Debt Coverage: SENE.A's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SENE.A's interest payments on its debt are well covered by EBIT (11.8x coverage).


Balance Sheet


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Dividend

What is Seneca Foods's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate SENE.A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SENE.A'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 SENE.A's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SENE.A's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SENE.A has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

12.6yrs

Average management tenure


CEO

Paul Palmby (59 yo)

1.83yrs

Tenure

US$997,909

Compensation

Mr. Paul L. Palmby serves as the President and Chief Executive Officer at Seneca Foods Corporation since October 01, 2020 and served as Chief Operating Officer for Seneca Foods Corp. since January 1, 2006...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD997.91K) is below average for companies of similar size in the US market ($USD2.60M).

Compensation vs Earnings: Paul's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: SENE.A's management team is seasoned and experienced (12.6 years average tenure).


Board Members

Experienced Board: SENE.A's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Seneca Foods Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Seneca Foods Corporation
  • Ticker: SENE.A
  • Exchange: NasdaqGS
  • Founded: 1949
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: US$444.557m
  • Shares outstanding: 7.93m
  • Website: https://www.senecafoods.com

Number of Employees


Location

  • Seneca Foods Corporation
  • 3736 South Main Street
  • Marion
  • New York
  • 14505
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/18 00:00
End of Day Share Price2022/08/18 00:00
Earnings2022/07/02
Annual Earnings2022/03/31


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.