Seaboard Corp

Chart & Performance

D1W1MN

P/E

12.59

P/S

0.30

EPS

194.70

Div Yield, %

0.35%

Shrs. gr., 5y

-0.92%

Rev. gr., 5y

7.75%

Revenues

9.56b

-14.95%

Net income

226m

-61.03%

CFO

710m

+5.03%

Dividend

Feb 28, 20202.25 USD/sh

Earnings

Feb 11, 2025

Profile

Seaboard Corporation operates as an agribusiness and transportation company worldwide. It operates through six segments: Pork, Commodity Trading and Milling (CT&M), Marine, Sugar and Alcohol, Power, and Turkey. The Pork segment produces and sells fresh and frozen pork products to further processors, foodservice operators, grocery stores, and distributors; hogs; and biodiesel. The CT&M segment sources, transports, and markets wheat, corn, soybeans, soybean meal, and other commodities; and produces wheat flour, maize meal, manufactured feed, and oilseed crush commodities. The Marine segment provides cargo shipping services in the United States, as well as in 26 countries in the Caribbean, and Central and South America; dry, refrigerated, and specialized containers, as well as other related equipment; and operates a terminal and an off-port warehouse for cargo consolidation and temporary storage. As of December 31, 2021, this segment operated through a fleet of 20 chartered and 4 owned vessels. The Sugar and Alcohol segment produces and sells sugar and alcohol; and generates and sells energy through its 51-megawatt cogeneration power plant that is fueled by sugarcane by-products, natural gas, and other biomass. The Power segment operates as an independent power producer that generates electricity for the power grid in the Dominican Republic. The Turkey segment produces and processes organic turkey products to retail stores, foodservice outlets, and industrial entities, as well as exports products to Mexico and internationally. The company also processes and sells jalapeño peppers. Seaboard Corporation was founded in 1918 and is headquartered in Merriam, Kansas.

URL

https://www.seaboardcorp.com/

IPO date

May 22, 1981

Employees

13,000

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	9,562,000 -14.95%	11,243,000 21.82%
Cost of revenue	9,246,000	10,423,000
Unusual Expense (Income)
NOPBT	316,000	820,000
NOPBT Margin	3.30%	7.29%
Operating Taxes	(120,000)	(3,000)
Tax Rate
NOPAT	436,000	823,000
Net income	226,000 -61.03%	580,000 1.75%
Dividends	(10,000)	(10,000)
Dividend yield	0.25%	0.23%
Proceeds from repurchase of equity	(600,000)
BB yield	15.04%
Debt
Debt current	372,000	613,000
Long-term debt	1,722,000	1,494,000
Deferred revenue		(244,000)
Other long-term liabilities	264,000	339,000
Net debt	334,000	69,000
Cash flow
Cash from operating activities	710,000	676,000
CAPEX	(506,000)	(474,000)
Cash from investing activities	(273,000)	(437,000)
Cash from financing activities	(581,000)	(116,000)
FCF	768,000	403,000
Balance
Cash	1,029,000	1,285,000
Long term investments	731,000	753,000
Excess cash	1,281,900	1,475,850
Stockholders' equity	4,634,000	5,014,000
Invested Capital	5,289,100	5,266,150
ROIC	8.26%	16.24%
ROCE	4.79%	11.74%
EV
Common stock shares outstanding	1,118	1,161
Price	3,570.10 -5.43%	3,775.21 -4.06%
Market cap	3,990,072 -8.95%	4,382,184 -4.06%
EV	4,342,072	4,469,184
EBITDA	599,000	1,055,000
EV/EBITDA	7.25	4.24
Interest	58,000	40,000
Interest/NOPBT	18.35%	4.88%