Financials Select Harvests Limited

Equities

SHV

AU000000SHV6

Food Processing

Delayed Australian S.E. 10:32:40 2024-04-28 pm EDT 5-day change 1st Jan Change
3.54 AUD +0.85% Intraday chart for Select Harvests Limited -13.45% +22.07%

Valuation

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 736.2 538.3 996.7 636.2 485.4 424.9 - -
Enterprise Value (EV) 1 763.6 595.8 1,095 770.7 675.6 610 595.2 574.1
P/E ratio 13.9 x 21.4 x 65.3 x 135 x -4.23 x 75.7 x 16.6 x 11.8 x
Yield 4.16% 2.33% 0.97% 0.38% - 0.09% 0.93% 2.63%
Capitalization / Revenue 2.47 x 2.17 x 3.46 x 2.75 x 2.36 x 1.74 x 1.54 x 1.45 x
EV / Revenue 2.56 x 2.4 x 3.8 x 3.33 x 3.28 x 2.5 x 2.16 x 1.96 x
EV / EBITDA 8.02 x 10.3 x 27.1 x 20.3 x -7.77 x 12.3 x 7.4 x 6 x
EV / FCF 12.7 x -25.7 x -9.11 x -85.7 x -18.8 x 50.7 x 29.1 x 27.5 x
FCF Yield 7.85% -3.89% -11% -1.17% -5.32% 1.97% 3.44% 3.63%
Price to Book 1.77 x 1.33 x 1.89 x 1.22 x 1.18 x 1.03 x 0.99 x 0.94 x
Nbr of stocks (in thousands) 95,737 96,637 120,224 120,951 121,059 121,059 - -
Reference price 2 7.690 5.570 8.290 5.260 4.010 3.510 3.510 3.510
Announcement Date 11/28/19 11/29/20 11/25/21 11/21/22 11/23/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 298.5 248.3 288.2 231.3 206 243.7 275.1 292.7
EBITDA 1 95.19 57.8 40.4 37.9 -86.99 49.46 80.39 95.72
EBIT 1 80.06 38.73 27.15 8.844 -119.2 18.68 43.06 56.92
Operating Margin 26.82% 15.6% 9.42% 3.82% -57.88% 7.66% 15.65% 19.45%
Earnings before Tax (EBT) 1 76.11 36.66 15.89 5.88 -159.5 7.732 35.8 51.1
Net income 1 53.02 25 15.12 4.759 -114.7 5.542 25.51 36.14
Net margin 17.76% 10.07% 5.24% 2.06% -55.69% 2.27% 9.27% 12.35%
EPS 2 0.5530 0.2600 0.1270 0.0390 -0.9480 0.0464 0.2117 0.2980
Free Cash Flow 1 59.98 -23.17 -120.1 -8.993 -35.94 12.02 20.48 20.86
FCF margin 20.09% -9.33% -41.68% -3.89% -17.44% 4.93% 7.44% 7.13%
FCF Conversion (EBITDA) 63% - - - - 24.3% 25.47% 21.79%
FCF Conversion (Net income) 113.12% - - - - 216.89% 80.27% 57.72%
Dividend per Share 2 0.3200 0.1300 0.0800 0.0200 - 0.003330 0.0327 0.0922
Announcement Date 11/28/19 11/29/20 11/25/21 11/21/22 11/23/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2019 S2 2020 S1 2020 S2 2022 S1 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2 2026 S1
Net sales 1 198.5 - 154.8 - - 145.1 115.1 125.4 - - -
EBITDA 56.68 - 23.21 - - - - - - - -
EBIT 1 49.08 - 13.31 - - -47.82 0.8395 15.87 3.154 18.58 8.474
Operating Margin 24.72% - 8.6% - - -32.95% 0.73% 12.66% - - -
Earnings before Tax (EBT) 47.2 - 11.99 - - - - - - - -
Net income 32.98 17.36 7.644 2.011 -96.23 - - - - - -
Net margin 16.62% - 4.94% - - - - - - - -
EPS 0.3430 0.1800 - 0.0170 -0.7950 - - - - - 0.0102
Dividend per Share - - - - - - - - - - -
Announcement Date 11/28/19 5/22/20 11/29/20 5/26/22 5/28/23 11/23/23 - - - - -
1AUD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 27.4 57.5 98.1 135 190 185 170 149
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.2881 x 0.9954 x 2.428 x 3.55 x -2.186 x 3.742 x 2.118 x 1.559 x
Free Cash Flow 1 60 -23.2 -120 -8.99 -35.9 12 20.5 20.9
ROE (net income / shareholders' equity) 12.7% 6.09% 2.9% 0.9% -18.2% 1% 5.06% 7.1%
ROA (Net income/ Total Assets) 9.86% 3.62% 1.65% 0.39% -8.78% 1.37% 2.9% 3.9%
Assets 1 537.7 690.6 914.3 1,230 1,306 404 879.6 927.1
Book Value Per Share 2 4.350 4.190 4.380 4.300 3.400 3.390 3.550 3.730
Cash Flow per Share 2 0.8400 0.1400 0.3200 0.2200 -0.0700 0.2400 0.4800 0.5300
Capex 1 20.4 36.3 158 35.8 27.7 25.9 24.8 25.5
Capex / Sales 6.82% 14.63% 54.93% 15.5% 13.44% 10.63% 9.03% 8.71%
Announcement Date 11/28/19 11/29/20 11/25/21 11/21/22 11/23/23 - - -
1AUD in Million2AUD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
3.51 AUD
Average target price
4.594 AUD
Spread / Average Target
+30.89%
Consensus
  1. Stock Market
  2. Equities
  3. SHV Stock
  4. Financials Select Harvests Limited