Risk factor
Poor trading liquidity
Profitability factor
Excellent dividends
About
Established in 1950 and headquartered in Sydney, Australia, Ricegrowers Limited functions as a prominent rice food enterprise with both domestic and international reach. The company organizes its operations across several key divisions: Rice Pool, International Rice, Rice Food, Riviana Foods, and CopRice. Its comprehensive activities span the entire rice value chain, from the initial intake and storage of paddy rice to its subsequent milling, manufacturing, and processing. Furthermore, Ricegrowers handles the procurement, distribution, and marketing of rice and associated goods, alongside a variety of other grocery items, gourmet foods, and entertainment products. The firm also invests in research and development dedicated to rice cultivation. Its extensive product portfolio includes various consumer rice options such as everyday, microwaveable, and healthy varieties, as well as rice snacks, baby rice cereal, and bulk supplies for both retail and restaurants. Additionally, Ricegrowers produces animal feed and nutritional supplements. These offerings are marketed under a wide array of brands, including Sunwhite, Solrice, Trukai, CopRice, Hinode, Always Fresh, Admiral, Captain, Riviana, Mahatma, Menu Master, Garden Supreme, and Ocean Supreme.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, und
Target Price
The average target price of SGLLV.AX is 17.5 and suggests 28.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to