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Consumer Defensive - Packaged Foods - NASDAQ - US
$ 68.93
3.56 %
$ 477 M
Market Cap
11.57
P/E
1. INTRINSIC VALUE

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and bottled produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, Cherryman, Green Valley, and READ. It also packs canned and frozen vegetables under contract packing agreements. In addition, the company engages in the sale of cans and ends, as well as trucking and aircraft operations. It provides its products to grocery outlets, including supermarkets, mass merchandisers, limited assortment stores, club stores, and dollar stores; and food service distributors, restaurant chains, industrial markets, other food packagers, and export customers in 90 countries, as well as federal, state, and local governments for school and other feeding programs.[ Read More ]

The intrinsic value of one SENEA stock under the base case scenario is HIDDEN Compared to the current market price of 68.9 USD, Seneca Foods Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SENEA

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FINANCIALS
1.46 B REVENUE
-3.36%
107 M OPERATING INCOME
102.57%
63.3 M NET INCOME
91.07%
-83 M OPERATING CASH FLOW
61.01%
-47.2 M INVESTING CASH FLOW
27.24%
130 M FINANCING CASH FLOW
-53.49%
425 M REVENUE
39.62%
24.7 M OPERATING INCOME
-3.74%
13.3 M NET INCOME
5.31%
75.5 M OPERATING CASH FLOW
50.08%
-6.54 M INVESTING CASH FLOW
51.12%
-64.9 M FINANCING CASH FLOW
-81.13%
Balance Sheet Decomposition Seneca Foods Corporation
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Current Assets 967 M
Cash & Short-Term Investments 4.48 M
Receivables 80.2 M
Other Current Assets 882 M
Non-Current Assets 447 M
Long-Term Investments 0
PP&E 345 M
Other Non-Current Assets 102 M
Current Liabilities 151 M
Accounts Payable 40.3 M
Short-Term Debt 39 M
Other Current Liabilities 71.7 M
Non-Current Liabilities 680 M
Long-Term Debt 612 M
Other Non-Current Liabilities 68.2 M
EFFICIENCY
Earnings Waterfall Seneca Foods Corporation
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Revenue 1.46 B
Cost Of Revenue 1.27 B
Gross Profit 188 M
Operating Expenses 81 M
Operating Income 107 M
Other Expenses 43.9 M
Net Income 63.3 M
RATIOS
12.90% GROSS MARGIN
12.90%
7.35% OPERATING MARGIN
7.35%
4.34% NET MARGIN
4.34%
10.86% ROE
10.86%
4.48% ROA
4.48%
6.77% ROIC
6.77%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Seneca Foods Corporation
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Net Income 63.3 M
Depreciation & Amortization 43.5 M
Capital Expenditures -36.6 M
Stock-Based Compensation 246 K
Change in Working Capital -215 M
Others 51.5 M
Free Cash Flow -120 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Seneca Foods Corporation
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SENEA has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Seneca Foods Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
90.1 K USD 1
6-9 MONTHS
79.1 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
9 months ago
Feb 14, 2024
Bought 4.59 K USD
Wolcott Michael S
SVP, CFO & Treasurer
+ 102
45 USD
9 months ago
Feb 13, 2024
Bought 40.4 K USD
Wolcott Michael S
SVP, CFO & Treasurer
+ 898
45 USD
9 months ago
Feb 13, 2024
Bought 45.1 K USD
Wolcott Michael S
SVP, CFO & Treasurer
+ 1000
45.1 USD
11 months ago
Dec 06, 2023
Bought 23.8 K USD
Wolcott Michael S
SVP, CFO & Treasurer
+ 476
50 USD
11 months ago
Dec 05, 2023
Bought 26.2 K USD
Wolcott Michael S
SVP, CFO & Treasurer
+ 524
50 USD
11 months ago
Dec 04, 2023
Bought 29.1 K USD
Wolcott Michael S
SVP, CFO & Treasurer
+ 566
51.5 USD
1 year ago
Aug 16, 2023
Bought 31.7 K USD
CALL PETE
Director
+ 640
49.46 USD
1 year ago
Aug 16, 2023
Bought 17.7 K USD
CALL PETE
Director
+ 360
49.21 USD
3 years ago
Jul 01, 2021
Bought 40.9 K USD
WOLCOTT ARTHUR S
Chairman
+ 762
53.66 USD
3 years ago
Jun 28, 2021
Bought 85.1 K USD
WOLCOTT ARTHUR S
Chairman
+ 1686
50.5 USD
3 years ago
Jun 24, 2021
Bought 49 USD
WOLCOTT ARTHUR S
Chairman
+ 1
48.95 USD
3 years ago
Jun 23, 2021
Bought 102 K USD
WOLCOTT ARTHUR S
Chairman
+ 2035
50.09 USD
3 years ago
Jun 21, 2021
Bought 19.3 K USD
WOLCOTT ARTHUR S
Chairman
+ 416
46.42 USD
3 years ago
Jun 16, 2021
Bought 50 K USD
WOLCOTT ARTHUR S
Chairman
+ 1000
49.97 USD
4 years ago
Mar 17, 2020
Bought 17.4 K USD
Benjamin Timothy John
SVP, CFO and Treasurer
+ 600
29 USD
4 years ago
Feb 10, 2020
Bought 39.1 K USD
WOLCOTT ARTHUR S
Chairman
+ 1000
39.1029 USD
5 years ago
Nov 11, 2019
Bought 35 K USD
WOLCOTT ARTHUR S
Chairman
+ 1000
35 USD
5 years ago
Jun 27, 2019
Bought 13 K USD
Woodward Keith Alan
Director
+ 500
26.1 USD
5 years ago
Jun 27, 2019
Bought 13.2 K USD
Benjamin Timothy John
SVP, CFO and Treasurer
+ 500
26.3 USD
5 years ago
Mar 13, 2019
Bought 82.2 K USD
WOLCOTT ARTHUR S
Chairman
+ 3000
27.41 USD
7 years ago
Aug 03, 2017
Bought 58.6 K USD
BAER ARTHUR H
Director
+ 2000
29.301 USD
7 years ago
Jun 06, 2017
Bought 198 K USD
KAYSER KRAIG H
President and CEO
+ 91400
2.17 USD
7 years ago
Mar 30, 2017
Sell 2 K USD
KAYSER KRAIG H
President and CEO
- 8000
0.25 USD
8 years ago
Nov 08, 2016
Bought 23 K USD
CALL PETE
Director
+ 800
28.7 USD
8 years ago
Nov 08, 2016
Bought 24.8 K USD
CALL PETE
Director
+ 863
28.7 USD
8 years ago
Nov 08, 2016
Bought 50 K USD
CALL PETE
Director
+ 1742
28.7 USD
8 years ago
Nov 08, 2016
Bought 50 K USD
CALL PETE
Director
+ 1742
28.7 USD
8 years ago
Nov 08, 2016
Bought 50 K USD
CALL PETE
Director
+ 1742
28.7 USD
8 years ago
Nov 08, 2016
Bought 47.8 K USD
CALL PETE
Director
+ 1667
28.7 USD
8 years ago
Mar 10, 2016
Bought 363 K USD
KAYSER KRAIG H
President and CEO
+ 10080
36 USD
10 years ago
Mar 28, 2014
Sell 31 K USD
BAER ARTHUR H
Director
- 1000
31.04 USD
10 years ago
Dec 20, 2013
Bought 50.6 K USD
CALL PETE
Director
+ 1667
30.34 USD
10 years ago
Dec 20, 2013
Bought 50.5 K USD
CALL PETE
Director
+ 1667
30.32 USD
10 years ago
Dec 20, 2013
Bought 7.84 K USD
PAULSON THOMAS
Director
+ 250
31.37 USD
11 years ago
Nov 30, 2012
Bought 15.7 K USD
PAULSON THOMAS
Director
+ 500
31.49 USD
14 years ago
Jul 07, 2010
Sell 160 K USD
MANULIFE FINANCIAL CORP
10 percent owner
- 5000
32.05 USD
14 years ago
Jul 02, 2010
Sell 32.6 K USD
MANULIFE FINANCIAL CORP
10 percent owner
- 1017
32.03 USD
14 years ago
Jul 06, 2010
Sell 43.2 K USD
MANULIFE FINANCIAL CORP
10 percent owner
- 1340
32.27 USD
14 years ago
Jun 30, 2010
Sell 486 K USD
MANULIFE FINANCIAL CORP
10 percent owner
- 15000
32.39 USD
14 years ago
Jul 01, 2010
Sell 263 K USD
MANULIFE FINANCIAL CORP
10 percent owner
- 8200
32.11 USD
14 years ago
Jun 28, 2010
Sell 321 K USD
MANULIFE FINANCIAL CORP
10 percent owner
- 10000
32.11 USD
14 years ago
Jun 28, 2010
Sell 162 K USD
MANULIFE FINANCIAL CORP
10 percent owner
- 5000
32.33 USD
14 years ago
Jun 29, 2010
Sell 303 K USD
MANULIFE FINANCIAL CORP
10 percent owner
- 9456
32.08 USD
14 years ago
Jun 25, 2010
Sell 312 K USD
MANULIFE FINANCIAL CORP
10 percent owner
- 10000
31.18 USD
14 years ago
Jun 24, 2010
Sell 171 K USD
MANULIFE FINANCIAL CORP
10 percent owner
- 5519
30.96 USD
14 years ago
Jun 23, 2010
Sell 58.1 K USD
MANULIFE FINANCIAL CORP
10 percent owner
- 1881
30.9 USD
15 years ago
Nov 10, 2009
Bought 24.7 K USD
GAYLORD JOHN P
Director
+ 1000
24.6809 USD
15 years ago
Jul 21, 2009
Sell 6.03 M USD
Marks Nancy
- 274304
22 USD
15 years ago
Jul 21, 2009
Sell 51.8 M USD
Wilson James Forbes
- 2355736
22 USD
15 years ago
Jul 21, 2009
Sell 51.8 M USD
RUOCCO ROBERT C
- 2355736
22 USD
15 years ago
Jul 21, 2009
Sell 51.8 M USD
CARL MARKS MANAGEMENT CO L P /NY/
- 2355736
22 USD
15 years ago
Jul 21, 2009
Sell 2.37 M USD
BOAS ANDREW M
- 107950
22 USD
15 years ago
Apr 16, 2009
Bought 47.5 K USD
KAYSER KRAIG H
President and CEO
+ 2000
23.735 USD
16 years ago
Jun 25, 2008
Bought 21.3 K USD
KAYSER KRAIG H
President and CEO
+ 1000
21.255 USD
18 years ago
Dec 21, 2005
Bought 7.77 K USD
PAULSON THOMAS
Director
+ 400
19.414 USD
18 years ago
Dec 14, 2005
Bought 1.96 K USD
PAULSON THOMAS
Director
+ 100
19.5945 USD
19 years ago
Jul 27, 2005
Bought 32.3 K USD
KAYSER KRAIG H
President & CEO
+ 2000
16.1525 USD
19 years ago
May 09, 2005
Bought 74.9 K USD
KAYSER KRAIG H
President & CEO
+ 4500
16.65 USD
19 years ago
Apr 21, 2005
Sell 0 USD
CHIQUITA BRANDS INTERNATIONAL INC
- 967742
0 USD
20 years ago
Jul 01, 2004
Sell 0 USD
Wilson James Forbes
10 percent owner
- 640000
0 USD
20 years ago
Jul 01, 2004
Sell 0 USD
RUOCCO ROBERT C
10 percent owner
- 640000
0 USD
20 years ago
Jul 01, 2004
Sell 0 USD
BOAS ANDREW M
director, 10 percent owner:
- 640000
0 USD
20 years ago
Jul 01, 2004
Sell 0 USD
CARL MARKS MANAGEMENT CO L P /NY/
10 percent owner
- 640000
0 USD
20 years ago
Jul 01, 2004
Sell 0 USD
Carl Marks Strategic Investments II, L.P.
10 percent owner
- 640000
0 USD
20 years ago
Jun 22, 2004
Sell 0 USD
Wilson James Forbes
10 percent owner
- 640000
0 USD
20 years ago
Jun 22, 2004
Sell 0 USD
RUOCCO ROBERT C
10 percent owner
- 640000
0 USD
20 years ago
Jun 22, 2004
Sell 0 USD
Carl Marks Strategic Investments II, L.P.
10 percent owner
- 640000
0 USD
20 years ago
Jun 22, 2004
Sell 0 USD
BOAS ANDREW M
director, 10 percent owner:
- 640000
0 USD
20 years ago
Jun 22, 2004
Sell 0 USD
CARL MARKS MANAGEMENT CO L P /NY/
10 percent owner
- 640000
0 USD
20 years ago
Mar 10, 2004
Bought 36.7 K USD
KAYSER KRAIG H
President & CEO
+ 2000
18.35 USD
21 years ago
Oct 09, 2003
Bought 19.6 K USD
BAER ARTHUR H
Director
+ 1000
19.572 USD
21 years ago
Sep 05, 2003
Bought 19.2 K USD
PARAS PHILIP G
Chief Financial Officer
+ 1000
19.25 USD
21 years ago
Jul 25, 2003
Bought 1.76 K USD
KAYSER KRAIG H
President & CEO
+ 100
17.65 USD
21 years ago
Jul 25, 2003
Bought 28.2 K USD
KAYSER KRAIG H
President & CEO
+ 1600
17.65 USD
21 years ago
Aug 25, 2003
Bought 29 K USD
PARAS PHILIP G
Chief Financial Officer
+ 1500
19.35 USD
21 years ago
Jul 25, 2003
Bought 1.76 K USD
KAYSER KRAIG H
President & CEO
+ 100
17.65 USD
21 years ago
Jul 25, 2003
Bought 28.2 K USD
KAYSER KRAIG H
President & CEO
+ 1600
17.65 USD
7. News
SENEA Stock Down Following Y/Y Q2 Earnings Decline, Gross Margin Down Despite weakness in other segments, strength in Seneca Foods' Canned vegetables segment drives its overall topline in the fiscal second quarter. zacks.com - 1 week ago
Seneca Foods Reports Sales and Earnings for the Quarter and Six Months Ended September 28, 2024 FAIRPORT, N.Y., Nov. 06, 2024 (GLOBE NEWSWIRE) --  Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the second quarter and six months ended September 28, 2024. globenewswire.com - 1 week ago
Seneca Foods (SENEA) Q1 Earnings Decline Y/Y, Gross Margin Down Strength in the majority of Seneca Foods (SENEA) segments drives its overall topline in the fiscal first quarter. zacks.com - 3 months ago
Seneca Foods Reports Sales and Earnings for the Three Months Ended June 29, 2024 FAIRPORT, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the three months ended June 29, 2024. globenewswire.com - 3 months ago
Alluvial Fund Q2 2024 Portfolio Update Our portfolio is largely unchanged from last quarter, with Net Lease Office Properties still at the top. McBride shares have performed well for us, up about 30% from the level of our initial purchases. Talen will continue to sell off its legacy fossil fuel-burning power generation fleet and return excess capital to shareholders through buybacks. seekingalpha.com - 3 months ago
Zacks Initiates Coverage of Seneca Foods With Neutral Recommendation Discover why Zacks rates Seneca Foods as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore SENEA's strategic market positioning and financial health amid market challenges. zacks.com - 4 months ago
Seneca Foods: Q4 FY24 Results Look Strong Only Using LIFO The company's net loss shrank to $2.2 million for Q4 FY24 from $33.1 million a year earlier despite weaker sales. However, if we use the internationally dominant FIFO inventory valuation method, EBITDA declined by 22.7% to $23.1 million. While Seneca Foods doesn't look expensive at 0.7x price to tangible book value, I'm concerned about the rising net debt level. seekingalpha.com - 4 months ago
Seneca Foods (SENEA) Q4 Earnings Improve Y/Y, Gross Margin Up Seneca Foods' (SENEA) overall topline in fourth-quarter fiscal 2024 is affected due to revenue declines in the majority of its product categories. zacks.com - 5 months ago
Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Months Ended March 31, 2024 FAIRPORT, N.Y., June 13, 2024 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2024. globenewswire.com - 5 months ago
Seneca Foods: A Look At Sales Volume Trends The SENEA investment narrative has shifted to focus on its earnings power rather than its balance sheet value. However, over the next 12–18 months, I think the stock will largely be driven by Seneca's sales volume. Based on commentary from Del Monte Pacific and anecdotal evidence, I see a compelling case to be made that sales volume will stabilize into FY2025. seekingalpha.com - 8 months ago
Seneca Foods Reports Sales and Earnings for the Quarter and Nine Months Ended December 30, 2023 FAIRPORT, N.Y., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the third quarter and nine months ended December 30, 2023. globenewswire.com - 9 months ago
Seneca Foods: An Extremely Undervalued Market Leader (And Net-Net) Seneca Foods is a small-cap canned vegetables manufacturer that has seen little change in market cap over the past 10 years. In recent years it has undergone operational improvements, resulting in improvements in operating margins, and simultaneously it has seen a significant decrease in competition. The stock is extremely undervalued on all traditional metrics, and when adjusting for the LIFO Reserve, Seneca Foods is a Ben Graham style net-net. seekingalpha.com - 11 months ago
8. Profile Summary

Seneca Foods Corporation SENEA

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COUNTRY US
INDUSTRY Packaged Foods
MARKET CAP $ 477 M
Dividend Yield 0.00%
Description Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and bottled produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, Cherryman, Green Valley, and READ. It also packs canned and frozen vegetables under contract packing agreements. In addition, the company engages in the sale of cans and ends, as well as trucking and aircraft operations. It provides its products to grocery outlets, including supermarkets, mass merchandisers, limited assortment stores, club stores, and dollar stores; and food service distributors, restaurant chains, industrial markets, other food packagers, and export customers in 90 countries, as well as federal, state, and local governments for school and other feeding programs. The company was incorporated in 1949 and is headquartered in Marion, New York.
Contact 3736 South Main Street, Marion, NY, 14505 https://www.senecafoods.com
IPO Date June 3, 1998
Employees 2800
Officers Mr. Paul L. Palmby President, Chief Executive Officer & Director Mr. Matthew John Henschler Senior Vice President of Technical Services & Development Mr. Dean E. Erstad Senior Vice President of Sales & Marketing Mr. Michael S. Wolcott Chief Financial Officer, Treasurer & Senior Vice President Julie A. Roloson Senior Vice President of Human Resources & Chief Administrative Officer Mr. John D. Exner General Counsel & Secretary Mr. Aaron Michael Girard Senior Vice President of Logistics Mr. Timothy R. Nelson Senior Vice President of Operations and President of Fruit & Snack Mary Sagona Vice President of Accounting Mr. Carl A. Cichetti Chief Information Officer and Senior Vice President of Technology & Planning