Risk factor
Poor trading liquidity
Profitability factor
Strong growth
About
Scales Corporation Limited engages in the agribusiness activities in New Zealand, Asia, Europe, North America, and internationally. The company operates through Food Ingredients, Horticulture, and Logistics segments. The Food Ingredients segment processes and markets food ingredients, such as pet food ingredients and juice concentrates. This segment also manufactures and sells apple, kiwifruit, and pear juice concentrates. The Horticulture segment is involved in growing, packaging, marketing, and exporting apples under the Mr Apple, Fern Ridge Fresh, Dazzle, and Posy brands. The Logistics segment provides supply chain services for exporters, importers, and FMCG businesses. This segment also engages in the sea and air freight of produce. It also provides insurance services. Scales Corporation Limited was founded in 1897 and is headquartered in Christchurch, New Zealand.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on
Target Price
The average target price of SCL.NZ is 6.0 and suggests 0% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
Buy
Sell