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Sanford

OTCPK:SARD.F
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SARD.F
OTCPK
NZ$650M
Market Cap
  1. Home
  2. US
  3. Food, Beverage & Tobacco
Company description

Sanford Limited engages in farming, harvesting, processing, storing, and marketing seafood products. The last earnings update was 26 days ago. More info.


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SARD.F Share Price and Events
7 Day Returns
0%
OTCPK:SARD.F
0.5%
US Food
0.3%
US Market
1 Year Returns
-
OTCPK:SARD.F
1.1%
US Food
0.7%
US Market
SARD.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sanford (SARD.F) 0% 0% - - - 28.6%
US Food 0.5% 1.8% 8.7% 1.1% -11.1% 22.9%
US Market 0.3% 0.4% 0.6% 0.7% 37.2% 37.4%
1 Year Return vs Industry and Market
  • No trading data on SARD.F.
  • No trading data on SARD.F.
Price Volatility
SARD.F
Industry
5yr Volatility vs Market

SARD.F Value

 Is Sanford undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sanford to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sanford.

OTCPK:SARD.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:SARD.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Food Unlevered Beta Simply Wall St/ S&P Global 0.55
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.545 (1 + (1- 28%) (25.97%))
0.764
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for OTCPK:SARD.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Sanford is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:SARD.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (NZD, Millions) Source Present Value
Discounted (@ 7.5%)
2019 14.00 Analyst x1 13.02
2020 11.00 Analyst x1 9.52
2021 32.00 Analyst x1 25.76
2022 36.38 Est @ 13.7% 27.25
2023 40.17 Est @ 10.41% 27.98
2024 43.43 Est @ 8.11% 28.14
2025 46.25 Est @ 6.49% 27.88
2026 48.73 Est @ 5.36% 27.33
2027 50.96 Est @ 4.57% 26.58
2028 53.01 Est @ 4.02% 25.72
Present value of next 10 years cash flows NZ$239.19
OTCPK:SARD.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= NZ$53.01 × (1 + 2.73%) ÷ (7.5% – 2.73%)
NZ$1,142.08
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= NZ$1,142.08 ÷ (1 + 7.5%)10
NZ$554.23
OTCPK:SARD.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= NZ$239.19 + NZ$554.23
NZ$793.42
Equity Value per Share
(NZD)
= Total value / Shares Outstanding
= NZ$793.42 / 93.51
NZ$8.49
OTCPK:SARD.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:SARD.F represents 0.64748x of NZSE:SAN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.64748x
Value per Share
(Listing Adjusted, USD)
= Value per Share (NZD) x Listing Adjustment Factor
= NZ$ 8.49 x 0.64748
$5.49
Value per share (USD) From above. $5.49
Current discount Discount to share price of $4.50
= -1 x ($4.50 - $5.49) / $5.49
18.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Sanford is available for.
Intrinsic value
18%
Share price is $4.5 vs Future cash flow value of $5.49
Current Discount Checks
For Sanford to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sanford's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Sanford's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sanford's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sanford's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:SARD.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in NZD NZ$0.40
NZSE:SAN Share Price ** NZSE (2019-04-10) in NZD NZ$6.95
United States of America Food Industry PE Ratio Median Figure of 43 Publicly-Listed Food Companies 24.84x
United States of America Market PE Ratio Median Figure of 3,093 Publicly-Listed Companies 17.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sanford.

OTCPK:SARD.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NZSE:SAN Share Price ÷ EPS (both in NZD)

= 6.95 ÷ 0.40

17.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sanford is good value based on earnings compared to the US Food industry average.
  • Sanford is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Sanford's expected growth come at a high price?
Raw Data
OTCPK:SARD.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
15.4%per year
United States of America Food Industry PEG Ratio Median Figure of 31 Publicly-Listed Food Companies 1.56x
United States of America Market PEG Ratio Median Figure of 2,125 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

OTCPK:SARD.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.18x ÷ 15.4%

1.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sanford is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Sanford's assets?
Raw Data
OTCPK:SARD.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in NZD NZ$6.33
NZSE:SAN Share Price * NZSE (2019-04-10) in NZD NZ$6.95
United States of America Food Industry PB Ratio Median Figure of 70 Publicly-Listed Food Companies 1.97x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.79x
OTCPK:SARD.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NZSE:SAN Share Price ÷ Book Value per Share (both in NZD)

= 6.95 ÷ 6.33

1.1x

* Primary Listing of Sanford.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sanford is good value based on assets compared to the US Food industry average.
X
Value checks
We assess Sanford's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. Sanford has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SARD.F Future Performance

 How is Sanford expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sanford expected to grow at an attractive rate?
  • Sanford's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Sanford's earnings growth is expected to exceed the United States of America market average.
  • Sanford's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:SARD.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:SARD.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 15.4%
OTCPK:SARD.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 7.3%
United States of America Food Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
United States of America Food Industry Revenue Growth Rate Market Cap Weighted Average 3.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:SARD.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in NZD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:SARD.F Future Estimates Data
Date (Data in NZD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-09-30 715 1
2022-09-30 655 1
2021-09-30 602 77 57 3
2020-09-30 564 66 48 3
2019-09-30 529 59 42 3
OTCPK:SARD.F Past Financials Data
Date (Data in NZD Millions) Revenue Cash Flow Net Income *
2019-03-31 507 60 38
2018-12-31 511 66 40
2018-09-30 515 73 42
2018-06-30 518 67 44
2018-03-31 520 62 46
2017-12-31 499 56 42
2017-09-30 478 50 37
2017-06-30 476 47 38
2017-03-31 474 43 39
2016-12-31 469 39 38
2016-09-30 463 34 38
2016-06-30 455 32

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sanford's earnings are expected to grow by 15.4% yearly, however this is not considered high growth (20% yearly).
  • Sanford's revenue is expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:SARD.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Sanford Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SARD.F Future Estimates Data
Date (Data in NZD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-09-30
2022-09-30
2021-09-30 0.60 0.64 0.56 3.00
2020-09-30 0.52 0.52 0.50 3.00
2019-09-30 0.45 0.47 0.44 3.00
OTCPK:SARD.F Past Financials Data
Date (Data in NZD Millions) EPS *
2019-03-31 0.40
2018-12-31 0.43
2018-09-30 0.45
2018-06-30 0.47
2018-03-31 0.49
2017-12-31 0.44
2017-09-30 0.40
2017-06-30 0.41
2017-03-31 0.41
2016-12-31 0.41
2016-09-30 0.40
2016-06-30 0.34

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Sanford is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Sanford's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sanford has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SARD.F Past Performance

  How has Sanford performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sanford's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sanford's year on year earnings growth rate has been positive over the past 5 years.
  • Sanford's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Sanford's 1-year earnings growth is negative, it can't be compared to the US Food industry average.
Earnings and Revenue History
Sanford's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sanford Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SARD.F Past Revenue, Cash Flow and Net Income Data
Date (Data in NZD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 507.25 37.87 45.14
2018-12-31 511.11 40.09 47.04
2018-09-30 514.98 42.30 48.95
2018-06-30 517.66 44.01 48.15
2018-03-31 520.35 45.71 47.36
2017-12-31 499.15 41.60 47.57
2017-09-30 477.94 37.49 47.79
2017-06-30 476.19 38.07 48.99
2017-03-31 474.43 38.66 50.19
2016-12-31 468.95 38.24 49.30
2016-09-30 463.47 37.83 48.41
2016-06-30 454.59 31.75 48.75
2016-03-31 445.72 25.68 49.09
2015-12-31 442.51 25.06 49.51
2015-09-30 439.30 24.44 49.92
2015-03-31 429.50 38.91 47.19
2014-12-31 435.84 36.30 45.70
2014-09-30 442.17 33.68 44.20
2014-06-30 450.38 20.26 43.50
2014-03-31 443.73 18.09 41.56
2013-12-31 453.19 19.22 42.80
2013-09-30 462.64 20.36 44.05
2013-06-30 468.44 20.35 45.70
2013-03-31 474.23 20.34 47.35
2012-12-31 467.09 19.98 46.57
2012-09-30 459.96 19.62 45.78
2012-06-30 463.09 21.06 43.89

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sanford has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sanford used its assets less efficiently than the US Food industry average last year based on Return on Assets.
  • Sanford has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sanford's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sanford has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SARD.F Health

 How is Sanford's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sanford's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sanford is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sanford's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sanford's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sanford Company Filings, last reported 2 months ago.

OTCPK:SARD.F Past Debt and Equity Data
Date (Data in NZD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 593.60 168.76 3.67
2018-12-31 593.60 168.76 3.67
2018-09-30 581.93 155.00 2.63
2018-06-30 581.93 155.00 2.63
2018-03-31 588.13 186.20 5.06
2017-12-31 588.13 186.20 5.06
2017-09-30 575.84 186.57 5.15
2017-06-30 575.84 186.57 5.15
2017-03-31 563.46 202.17 5.38
2016-12-31 563.46 202.17 5.38
2016-09-30 558.14 177.54 3.59
2016-06-30 558.14 177.54 3.59
2016-03-31 537.47 187.08 8.64
2015-12-31 537.47 187.08 8.64
2015-09-30 513.07 155.72 5.96
2015-03-31 537.61 204.36 5.23
2014-12-31 537.61 204.36 5.23
2014-09-30 545.84 179.36 3.75
2014-06-30 545.84 179.36 3.75
2014-03-31 555.38 200.24 10.65
2013-12-31 555.38 200.24 10.65
2013-09-30 554.91 177.47 6.45
2013-06-30 554.91 177.47 6.45
2013-03-31 557.69 187.14 2.12
2012-12-31 557.69 187.14 2.12
2012-09-30 554.69 169.00 3.35
2012-06-30 554.69 169.00 3.35
  • Sanford's level of debt (28.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (36% vs 28.4% today).
  • Debt is well covered by operating cash flow (35.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7x coverage).
X
Financial health checks
We assess Sanford's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sanford has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SARD.F Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.31%
Current annual income from Sanford dividends. Estimated to be 3.36% next year.
If you bought $2,000 of Sanford shares you are expected to receive $66 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Sanford's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Sanford's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:SARD.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United States of America Food Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:SARD.F Future Dividends Estimate Data
Date (Data in NZ$) Dividend per Share (annual) Avg. No. Analysts
2023-09-30
2022-09-30
2021-09-30 0.24 3.00
2020-09-30 0.23 3.00
2019-09-30 0.23 3.00
OTCPK:SARD.F Past Annualized Dividends Data
Date (Data in NZ$) Dividend per share (annual) Avg. Yield (%)
2018-11-15 0.230 3.411
2017-11-15 0.230 2.959
2016-11-16 0.230 3.190
2015-11-18 0.230 3.902
2014-11-19 0.230 4.621
2014-10-15 0.230 4.535
2013-11-20 0.230 5.295
2012-11-28 0.230 5.117
2012-05-30 0.230 5.665
2011-11-30 0.230 5.594
2010-11-24 0.230 4.603
2009-11-25 0.230 5.281

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Sanford's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
X
Income/ dividend checks
We assess Sanford's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sanford afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sanford has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SARD.F Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Volker Kuntzsch
TENURE AS CEO 5.5 years
CEO Bio

Mr. Kuntzsch Volker, MSc has been the Chief Executive Officer of Sanford Limited since December 2013. Mr. Volker's distinguished international career in the fishing industry spanning 25 years. He served as the President and Chief Executive Officer of King & Prince Seafood Corporation. He served as the President of Nissui U.S.A. He was formerly the President of Nippon Suisan (USA). He served as an Executive Officer of Nippon Suisan Kaisha Ltd. He served as Global Marketing Director for Nippon Suisan Kaisha Ltd, Tokyo, Managing Director of Hangana Seafood, Namibia and senior roles with Unilever Europe in Germany and the United Kingdom. His international track record and global reputation in the industry, emphasising his background in a wide range of challenging senior management roles. His experience and achievements in developing awareness of seafood sustainability through development of Marine Stewardship Council (MSC). Mr. Volker was educated in South Africa where he gained a Master of Science from the University of Stellenbosch.

CEO Compensation
  • Insufficient data for Volker to compare compensation growth.
  • Insufficient data for Volker to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Sanford management team in years:

4.8
Average Tenure
  • The tenure for the Sanford management team is about average.
Management Team

Volker Kuntzsch

TITLE
Chief Executive Officer
TENURE
5.5 yrs

Clement Chia

TITLE
Chief Financial Officer
TENURE
4.8 yrs

Karen Duffy

TITLE
Chief People Officer

Andre Gargiulo

TITLE
Chief Customer Officer
TENURE
3.3 yrs

Stuart Houliston

TITLE
Financial Controller

Dean McIntosh

TITLE
General Manager of Risk and Corporate Affairs
Board of Directors Tenure

Average tenure of the Sanford board of directors in years:

2.9
Average Tenure
  • The average tenure for the Sanford board of directors is less than 3 years, this suggests a new board.
Board of Directors

Paul Norling

TITLE
Chairman
COMPENSATION
NZ$167K
TENURE
4.4 yrs

Rob McLeod

TITLE
Deputy Chair
COMPENSATION
NZ$79K
TENURE
1.4 yrs

Abby Foote

TITLE
Director
TENURE
1.4 yrs

Peter Goodfellow

TITLE
Non-Executive Director
COMPENSATION
NZ$90K
TENURE
13.2 yrs

Peter Kean

TITLE
Independent Non-Executive Director
COMPENSATION
NZ$101K
TENURE
4.5 yrs

Peter Cullinane

TITLE
Independent Non-Executive Director
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Sanford's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sanford has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SARD.F News

Simply Wall St News

SARD.F Company Info

Description

Sanford Limited engages in farming, harvesting, processing, storing, and marketing seafood products. It operates through Wildcatch and Aquaculture segments. The company catches and processes inshore and deep water fish species, as well as farms, harvests, and processes mussels and salmon, as well as oyster. It also provides auction, wharf, and research services; and retails and wholesales seafood. The company operates in New Zealand and Australia; Europe; North America; Japan, China, Hong Kong, South Korea, and the rest of Asia; Africa; the Middle East; the Pacific; and internationally. Sanford Limited was founded in 1881 and is headquartered in Auckland, New Zealand.

Details
Name: Sanford Limited
SARD.F
Exchange: OTCPK
Founded: 1881
NZ$422,540,736
93,506,137
Website: http://www.sanford.co.nz
Address: Sanford Limited
22 Jellicoe Street,
Freemans Bay,
Auckland,
1010,
New Zealand
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NZSE SAN Ordinary Shares New Zealand Stock Exchange NZ NZD 01. Jan 1992
OTCPK SARD.F Ordinary Shares Pink Sheets LLC US USD 01. Jan 1992
Number of employees
Current staff
Staff numbers
948
Sanford employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 00:04
End of day share price update: 2019/04/10 00:00
Last estimates confirmation: 2019/05/24
Last earnings filing: 2019/05/23
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.