AMEX:SEB

Stock Analysis Report

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Executive Summary

Seaboard Corporation operates as an agribusiness and transportation company worldwide. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SEB has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.9%

SEB

-0.6%

US Food

-0.8%

US Market


1 Year Return

-34.5%

SEB

-0.4%

US Food

13.8%

US Market

Return vs Industry: SEB underperformed the US Food industry which returned -0.4% over the past year.

Return vs Market: SEB underperformed the US Market which returned 13.8% over the past year.


Shareholder returns

SEBIndustryMarket
7 Day-3.9%-0.6%-0.8%
30 Day2.0%-5.9%-5.0%
90 Day-5.6%5.9%10.1%
1 Year-34.3%-34.5%2.0%-0.4%16.4%13.8%
3 Year-36.7%-37.1%5.6%-3.1%36.9%27.8%
5 Year-4.6%-5.4%16.0%0.3%85.0%64.2%

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?

84.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SEB ($2834) is trading above our estimate of fair value ($187.19)

Significantly Below Fair Value: 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 (84.6x) compared to the US Food industry average (24.5x).

PE vs Market: SEB is poor value based on its PE Ratio (84.6x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

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 (1x) compared to the US Food industry average (1.9x).


Next Steps

Future Growth

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

18.7%

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 Seaboard 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.


Next Steps

Past Performance

How has Seaboard performed over the past 5 years?

-23.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SEB has a large one-off loss of $97.0M impacting its June 27 2020 financial results.

Growing Profit Margin: SEB's current net profit margins (0.6%) are lower than last year (0.9%).


Past Earnings Growth Analysis

Earnings Trend: SEB's earnings have declined by 23.9% 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 (-33.3%) over the past year, making it difficult to compare to the Food industry average (-4.5%).


Return on Equity

High ROE: SEB's Return on Equity (1.2%) is considered low.


Next Steps

Financial Health

How is Seaboard's financial position?


Financial Position Analysis

Short Term Liabilities: SEB's short term assets ($2.9B) exceed its short term liabilities ($1.0B).

Long Term Liabilities: SEB's short term assets ($2.9B) exceed its long term liabilities ($1.5B).


Debt to Equity History and Analysis

Debt Level: SEB's debt to equity ratio (29.2%) is considered satisfactory.

Reducing Debt: SEB's debt to equity ratio has increased from 3.9% to 29.2% over the past 5 years.

Debt Coverage: SEB's debt is not well covered by operating cash flow (13.3%).

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


Balance Sheet


Next Steps

Dividend

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

0.32%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SEB's dividend (0.32%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.72%).

High Dividend: SEB's dividend (0.32%) is low compared to the top 25% of dividend payers in the US market (4.94%).


Stability and Growth of Payments

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 the US market.


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

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

7.4yrs

Average management tenure


CEO

Robert Steer (60 yo)

0.17

Tenure

US$4,405,545

Compensation

Mr. Robert L. Steer has been the President and Chief Executive Officer of Seaboard Corp. since July 20, 2020. He has been the Chief Financial Officer at Seaboard Corp. since February 2001 and served as its ...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD4.41M) is about average for companies of similar size in the US market ($USD5.74M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Robert Steer
President0.17yrUS$4.41mno data
Edward Gonzalez
President of Seaboard Marine Ltd.15.67yrsUS$3.35mno data
David Dannov
President of Seaboard Overseas & Trading Group14.08yrsUS$653.18k0.00086%
$ 28.3k
Darwin Sand
President & CEO of Seaboard Foods LLC2.5yrsUS$2.35mno data
Michael Trollinger
VP, Corporate Controller & Chief Accounting Officer5.5yrsno datano data
Ivan Winfield
Vice President of Information Technology2.58yrsno datano data
David Becker
Senior VP16.75yrsno datano data
James Gutsch
Senior Vice President of Engineering9.42yrsno datano data
Ralph Moss
Senior Vice President of Governmental Affairs9.42yrsno datano data
David Rankin
Senior Vice President of Taxation & Business Development5.42yrsno datano data
David Oswalt
Senior Vice President of Finance & Treasurer7.42yrsno datano data
Armando Rodriguez
Chief Executive Officer of Powerno datano datano data

7.4yrs

Average Tenure

55yo

Average Age

Experienced Management: SEB's management team is seasoned and experienced (7.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Adamsen
Independent Director25.67yrsUS$82.00k0.0017%
$ 56.6k
Douglas Baena
Lead Independent Director0.17yrUS$92.00k0.0099%
$ 326.0k
Edward Shifman
Independent Director11.67yrsUS$82.00kno data
Paul Squires
Director4.42yrsUS$72.00kno data
Ellen Bresky
Chairperson0.17yrno datano data

4.4yrs

Average Tenure

72yo

Average Age

Experienced Board: SEB's board of directors are considered experienced (4.4 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

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$3.290b
  • Shares outstanding: 1.16m
  • 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 an agribusiness and transportation company worldwide. It operates through six segments: Pork, Commodity Trading and Milling (CT&M), Marine, Sugar and Alcohol, Power, and Tu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/27 05:40
End of Day Share Price2020/09/25 00:00
Earnings2020/06/27
Annual Earnings2019/12/31


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.