Risk factor
Poor trading liquidity
Profitability factor
Strong growth
About
Scales Corporation Limited is a global agribusiness enterprise, conducting operations across New Zealand, Asia, Europe, North America, and other international markets. The company's activities are organized into three primary divisions: Food Ingredients, Horticulture, and Logistics. The Food Ingredients segment focuses on processing and distributing a variety of food components, encompassing pet food ingredients and concentrated juices. This division is also responsible for the production and sale of concentrated apple, kiwifruit, and pear juices. Within the Horticulture segment, the company manages the entire process from cultivating and packaging to marketing and exporting apples. These apples are sold under distinct brands such as Mr Apple, Fern Ridge Fresh, Dazzle, and Posy. The Logistics segment offers comprehensive supply chain solutions for a diverse clientele, including exporters, importers, and fast-moving consumer goods (FMCG) businesses. Its services include arranging both sea and air freight for various types of produce. Additionally, this segment provides insurance services. Scales Corporation Limited was founded in 1897 and its corporate headquarters are situated in Christchurch, New Zealand.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT
Target Price
The average target price of SCL.NZ is 7.2 and suggests 19% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre