SELECT HARVESTS LIMITED (SHV)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

SHV - SELECT HARVESTS LIMITED

FNArena Sector : Agriculture
Year End: September
GICS Industry Group : Food, Beverage & Tobacco
Debt/EBITDA: -13.44
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.40

22 Jul
2024

0.020

OPEN

$4.38

0.46%

HIGH

$4.53

548,858

LOW

$4.37

TARGET
$4.60 4.5% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AAC . AMN . APC . CBO . CXM . D2O . ELD . GNC . HFR . IPL . LGL . MWY . NAM . NUF . RIC . SGLLV . TFL . WLD .
FNARENA'S MARKET CONSENSUS FORECASTS
SHV: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 94.8 5.0 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 87.2 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 08/12 - ex-div 2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-94.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx205.4 M
Book Value Per Share xxxxxxxxxxxxxxx339.9
Net Operating Cash Flow xxxxxxxxxxxxxxx-8.2 M
Net Profit Margin xxxxxxxxxxxxxxx-55.84 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-24.62 %
Return on Invested Capital xxxxxxxxxxxxxxx-13.79 %
Return on Assets xxxxxxxxxxxxxxx-11.98 %
Return on Equity xxxxxxxxxxxxxxx-24.62 %
Return on Total Capital xxxxxxxxxxxxxxx-5.24 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-37.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx33 M
Long Term Debt xxxxxxxxxxxxxxx388 M
Total Debt xxxxxxxxxxxxxxx421 M
Goodwill - Gross xxxxxxxxxxxxxxx0 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1 M
Price To Book Value xxxxxxxxxxxxxxx1.18

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx27.7 M
Capex % of Sales xxxxxxxxxxxxxxx13.48 %
Cost of Goods Sold xxxxxxxxxxxxxxx232 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx18 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

12/07/2024

1

Buy

$5.15

17.05%

Ord Minnett highlights both the US and Australian industries have been shipping at record rates, meaning the additional volume in 2024 will have little impact on almond availability as the US carry-out of 800m lbs in 2023 is reduced to circa 400m lbs in 2024 and the Australian carry-out is effectively eliminated following a particularly poor 2023 crop.

The broker believes the investment thesis for Select Harvests remains intact, but still lacks immediate catalysts. It is Ord Minnett's view patient investors will be rewarded as market fundamentals continue to improve year-on-year and the almond price finally enters an extended period of appreciation.

Buy. Price target $5.15.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of 6.60 cents.
Ord Minnett forecasts a full year FY25 dividend of 2.00 cents and EPS of 20.00 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

30/04/2024

1

Overweight

$5.39

22.50%

On Wilsons's assessment, Select Harvests released a mixed trading update, revising FY24 crop volume to 28.5-30.0kt and almond price expectations to $7.30-7.50/kg, both slightly below prior forecasts.

These adjustments are not seen as significantly detracting from the substantial year-over-year improvement in earnings. The broker explains management's strategic focus remains on improving operating earnings to meet fixed charge covenant requirements and on generating sufficient free cash flow to normalise gearing levels.

Wilsons retains an Overweight rating with a slightly reduced 12-month target price of $5.39, down from $5.53, reflecting minor earnings downgrades and valuation adjustments based on a lower projected earnings capitalisation.

FY24 EPS is now forecast to be negative, but with still strong growth expected for FY25 and FY26.

FORECAST
Wilsons forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -2.20 cents.
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of 26.90 cents.
Access Stockbroker Research History >

SHV STOCK CHART

FNArena News on SHV

1
Rudi’s View: Rate Cuts, Growth & Small Caps

Jul 18 2024 - Rudi's View
2
Rudi’s View: Gold, Healthcare, Staples & Copper

Jul 11 2024 - Rudi's View
3
Rudi’s View: Met Coal, Banks, GenAi & Buying-The-Dip

Jul 04 2024 - Rudi's View
4
Rudi’s View: Copper, Lithium, Retailers & TechnologyOne

Jun 27 2024 - Rudi's View
5
FNArena Corporate Results Monitor – 07-06-2024

Jun 07 2024 - Australia

Latest Agriculture News

1
Incitec Pivot Shares Eyeing $3.40

May 21 2024 - Technicals
2
Australia’s Agricultural Industry Diversifies

Dec 04 2023 - Australia
3
Next Week At A Glance – 27 Nov – 1 Dec 2023

Nov 24 2023 - Weekly Reports
4
Nufarm Crushes Seeds Of Doubt

May 25 2023 - Australia
5
Incitec Pivot Misses Expectations, Demerger Pending

May 18 2023 - Australia
6
Treasure Chest: Opportunities For Ridley Corp

Apr 26 2023 - Treasure Chest
7
Headwinds Linger for Select Harvests

Nov 24 2022 - Small Caps
8
United Malt Guides To Better Times Ahead

Nov 23 2022 - Small Caps
9
Nufarm Confident About Continued Growth

Nov 22 2022 - Small Caps
10
Waggaman Review Delays Incitec Pivot’s Split

Nov 17 2022 - Australia