AMEX:SEB

Stock Analysis Report

Executive Summary

Seaboard Corporation operates as a diverse agribusiness and transportation company worldwide.

Snowflake

Fundamentals

Excellent balance sheet with moderate growth potential.

Share Price & News

How has Seaboard's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.0%

SEB

-0.7%

US Food

1.3%

US Market


1 Year Return

17.2%

SEB

2.6%

US Food

5.9%

US Market

Return vs Industry: SEB exceeded the US Food industry which returned 2.6% over the past year.

Return vs Market: SEB exceeded the US Market which returned 5.9% over the past year.


Shareholder returns

SEBIndustryMarket
7 Day3.0%-0.7%1.3%
30 Day-0.8%-2.0%-1.9%
90 Day4.3%0.3%-1.8%
1 Year17.4%17.2%5.6%2.6%8.3%5.9%
3 Year22.8%22.2%-1.9%-10.5%45.6%36.2%
5 Year45.3%44.7%46.7%29.2%66.1%47.9%

Price Volatility Vs. Market

How volatile is Seaboard's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Seaboard undervalued compared to its fair value and its price relative to the market?

84.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: SEB ($4252.01) is trading above our estimate of fair value ($188.76)

Significantly Undervalued: SEB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SEB is poor value based on its PE Ratio (84.2x) compared to the Food industry average (25.4x).

PE vs Market: SEB is poor value based on its PE Ratio (84.2x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate SEB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SEB is good value based on its PB Ratio (1.5x) compared to the US Food industry average (2.1x).


Next Steps

Future Growth

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

23.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SEB's forecast earnings growth (23.4% per year) is above the savings rate (2.7%).

Earnings vs Market: SEB's earnings (23.4% per year) are forecast to grow faster than the US market (14.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if SEB's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if SEB's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if SEB's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Seaboard performed over the past 5 years?

-22.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SEB's earnings have declined by -22% per year over the past 5 years.

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

Earnings vs Industry: SEB had negative earnings growth (-58.9%) over the past year, making it difficult to compare to the Food industry average (-22.7%).


Return on Equity

High ROE: SEB's Return on Equity (1.7%) is considered low.


Return on Assets

ROA vs Industry: SEB's Return on Assets is below or equal to the Food industry average last year.


Return on Capital Employed

ROCE Improving: SEB's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Seaboard's financial position?


Financial Position Analysis

Short Term Liabilities: SEB's short term assets ($3.1B) exceeds its short term liabilities ($905.0M)

Long Term Liabilities: SEB's short term assets (3.1B) exceeds its long term liabilities (1.6B)


Debt to Equity History and Analysis

Debt Level: SEB's debt to equity ratio (27.7%) is considered satisfactory

Reducing Debt: SEB's debt to equity ratio has increased from 5.1% to 27.7% over the past 5 years.

Debt Coverage: SEB's debt is well covered by operating cash flow (22.5%).

Interest Coverage: SEB earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: SEB has a high level of physical assets or inventory.

Debt Coverage by Assets: SEB's debt is covered by short term assets (assets are 3.242610x debt).


Next Steps

Dividend

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

0.21%

Current Dividend Yield


Dividend Yield vs Market

company0.2%marketbottom25%1.5%markettop25%3.8%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SEB's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: SEB's dividend (0.21%) is low compared to the top 25% of dividend payers in the US market (3.77%).

Stable Dividend: SEB is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: SEB is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: SEB is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SEB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Seaboard's salary, the management and board of directors tenure and is there insider trading?

8.5yrs

Average management tenure


CEO

Steven Bresky (65yo)

13.3yrs

Tenure

US$2,662,381

Compensation

Mr. Steven J. Bresky has been the Chief Executive Officer and President of Seaboard Corporation since July 6, 2006. Mr. Bresky has been Manager of Seaboard Flour since 2006. He served as Chief Executive Of ...


CEO Compensation Analysis

Compensation vs. Market: Steven's total compensation ($USD2.66M) is about average for companies of similar size in the US market ($USD6.81M).

Compensation vs Earnings: Steven's compensation has been consistent with company performance over the past year.


Management Age and Tenure

8.5yrs

Average Tenure

57yo

Average Age

Experienced Management: SEB's management team is seasoned and experienced (8.5 years average tenure).


Board Age and Tenure

14.8yrs

Average Tenure

67yo

Average Age

Experienced Board: SEB's board of directors are seasoned and experienced ( 14.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Robert Steer (59yo)

    Executive VP & CFO

    • Tenure: 8.5yrs
    • Compensation: US$2.88m
  • Steven Bresky (65yo)

    President

    • Tenure: 13.3yrs
    • Compensation: US$2.66m
  • James Gutsch (65yo)

    Senior Vice President of Engineering

    • Tenure: 8.5yrs
  • David Becker (57yo)

    Senior VP

    • Tenure: 15.8yrs
  • Ralph Moss (73yo)

    Senior Vice President of Governmental Affairs

    • Tenure: 8.5yrs
  • Edward Gonzalez (53yo)

    President of Seaboard Marine Ltd.

    • Tenure: 14.8yrs
    • Compensation: US$1.76m
  • Dave Dannov (57yo)

    President of Seaboard Overseas & Trading Group

    • Tenure: 13.2yrs
    • Compensation: US$2.09m
  • Duke Sand (54yo)

    President & CEO of Seaboard Foods LLC

    • Tenure: 1.6yrs
    • Compensation: US$1.76m
  • Michael Trollinger (50yo)

    VP, Corporate Controller & Chief Accounting Officer

    • Tenure: 4.6yrs
  • Ivan Winfield (54yo)

    Vice President of Information Technology

    • Tenure: 0yrs

Board Members

  • Steven Bresky (65yo)

    President

    • Tenure: 13.3yrs
    • Compensation: US$2.66m
  • Dave Adamsen (67yo)

    Director

    • Tenure: 24.8yrs
    • Compensation: US$82.00k
  • Douglas Baena (76yo)

    Director

    • Tenure: 18.8yrs
    • Compensation: US$92.00k
  • Edward Shifman (75yo)

    Director

    • Tenure: 10.8yrs
    • Compensation: US$82.00k
  • Paul Squires (64yo)

    Director

    • Tenure: 3.5yrs
    • Compensation: US$72.00k

Company Information

Seaboard Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Seaboard Corporation
  • Ticker: SEB
  • Exchange: AMEX
  • Founded: 1918
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$4.955b
  • Shares outstanding: 1.17m
  • Website: https://www.seaboardcorp.com

Number of Employees


Location

  • Seaboard Corporation
  • 9000 West 67th Street
  • Shawnee Mission
  • Merriam
  • Kansas
  • 66202
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SEBAMEX (NYSE MKT LLC)YesCommon SharesUSUSDJan 1968
S0VDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1968

Biography

Seaboard Corporation operates as a diverse agribusiness and transportation company worldwide. The company’s Pork division produces and sells fresh pork products, such as loins, tenderloins, and ribs, as we ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:37
End of Day Share Price2019/10/14 00:00
Earnings2019/06/29
Annual Earnings2018/12/31


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.