Latest news with #Ricegrowers
Yahoo
2 days ago
- Business
- Yahoo
If EPS Growth Is Important To You, Ricegrowers (ASX:SGLLV) Presents An Opportunity
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should. Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Ricegrowers (ASX:SGLLV). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Ricegrowers with the means to add long-term value to shareholders. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Ricegrowers' Earnings Per Share Are Growing Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. That makes EPS growth an attractive quality for any company. Over the last three years, Ricegrowers has grown EPS by 9.8% per year. That's a pretty good rate, if the company can sustain it. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. It seems Ricegrowers is pretty stable, since revenue and EBIT margins are pretty flat year on year. While this doesn't ring alarm bells, it may not meet the expectations of growth-minded investors. You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers. View our latest analysis for Ricegrowers While we live in the present moment, there's little doubt that the future matters most in the investment decision process. So why not check this interactive chart depicting future EPS estimates, for Ricegrowers? Are Ricegrowers Insiders Aligned With All Shareholders? It's a necessity that company leaders act in the best interest of shareholders and so insider investment always comes as a reassurance to the market. Shareholders will be pleased by the fact that insiders own Ricegrowers shares worth a considerable sum. To be specific, they have AU$29m worth of shares. That shows significant buy-in, and may indicate conviction in the business strategy. Even though that's only about 3.9% of the company, it's enough money to indicate alignment between the leaders of the business and ordinary shareholders. Should You Add Ricegrowers To Your Watchlist? As previously touched on, Ricegrowers is a growing business, which is encouraging. To add an extra spark to the fire, significant insider ownership in the company is another highlight. That combination is very appealing. So yes, we do think the stock is worth keeping an eye on. You still need to take note of risks, for example - Ricegrowers has 1 warning sign we think you should be aware of. Although Ricegrowers certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of Australian companies that not only boast of strong growth but have strong insider backing. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
13-07-2025
- Business
- Yahoo
ASX Dividend Stocks To Enhance Your Portfolio Income
As Australian shares align with U.S. trends, the ASX 200 is poised for a modest gain, reflecting Wall Street's buoyant performance as indices reach new highs. In this dynamic market environment, dividend stocks can offer a reliable income stream for investors looking to enhance their portfolio returns amidst global economic shifts. Name Dividend Yield Dividend Rating Super Retail Group (ASX:SUL) 7.74% ★★★★★☆ Sugar Terminals (NSX:SUG) 8.20% ★★★★★☆ Ricegrowers (ASX:SGLLV) 6.36% ★★★★★☆ Nick Scali (ASX:NCK) 3.25% ★★★★★☆ MFF Capital Investments (ASX:MFF) 3.62% ★★★★★☆ Lycopodium (ASX:LYL) 6.59% ★★★★★☆ Lindsay Australia (ASX:LAU) 7.13% ★★★★★☆ IPH (ASX:IPH) 6.89% ★★★★★☆ Fiducian Group (ASX:FID) 4.25% ★★★★★☆ Accent Group (ASX:AX1) 6.62% ★★★★★☆ Click here to see the full list of 28 stocks from our Top ASX Dividend Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Kina Securities Limited operates in Papua New Guinea, offering commercial banking, financial services, fund administration, investment management, and share brokerage services with a market cap of A$378.32 million. Operations: Kina Securities Limited generates revenue through its Wealth Management segment, contributing PGK 47.36 million, and its Banking & Finance (Including Corporate) segment, which accounts for PGK 421.46 million. Dividend Yield: 7.4% Kina Securities offers a compelling dividend yield of 7.36%, placing it in the top quartile among Australian dividend payers. Its dividends are covered by earnings, with a payout ratio of 74.8%, expected to improve to 68.6% in three years. However, its dividend history is unstable and has been volatile over the past nine years. Additionally, Kina faces challenges with a high level of bad loans (11.1%), impacting its financial stability. Delve into the full analysis dividend report here for a deeper understanding of Kina Securities. Upon reviewing our latest valuation report, Kina Securities' share price might be too pessimistic. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Ridley Corporation Limited, with a market cap of A$1.06 billion, provides animal nutrition solutions in Australia through its subsidiaries. Operations: Ridley Corporation Limited generates revenue from its animal nutrition solutions through two main segments: Bulk Stockfeeds, contributing A$894.26 million, and Packaged/Ingredients, adding A$389.70 million. Dividend Yield: 3.4% Ridley's dividend payments are covered by earnings and cash flows, with payout ratios of 75% and 41.6%, respectively, though its dividend history has been volatile over the past decade. Recent events include a planned CFO transition linked to the acquisition of Incitec Pivot Fertilisers' distribution business and a follow-on equity offering raising A$125.68 million, which may impact shareholder value due to dilution concerns from new share issuance. Click here to discover the nuances of Ridley with our detailed analytical dividend report. Our valuation report here indicates Ridley may be undervalued. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Super Retail Group Limited operates as a retailer of automotive, sports, and outdoor leisure products across Australia and New Zealand, with a market capitalization of A$3.47 billion. Operations: Super Retail Group's revenue is derived from its segments: Super Cheap Auto with A$1.51 billion, Rebel at A$1.32 billion, Boating, Camping and Fishing (BCF) excluding Macpac at A$912.60 million, and Macpac contributing A$215.80 million. Dividend Yield: 7.7% Super Retail Group's dividends are supported by earnings and cash flows, with payout ratios of 68.8% and 68%, respectively, although the dividend history has been volatile over the past decade. The company offers a competitive dividend yield in the top 25% of Australian payers. Trading at a lower price-to-earnings ratio than the market average suggests good value. Recent sales data shows growth of over 4% for key periods in 2025, indicating positive business momentum. Take a closer look at Super Retail Group's potential here in our dividend report. The analysis detailed in our Super Retail Group valuation report hints at an deflated share price compared to its estimated value. Investigate our full lineup of 28 Top ASX Dividend Stocks right here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:KSL ASX:RIC and ASX:SUL. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
28-06-2025
- Business
- Yahoo
Ricegrowers Limited (ASX:SGLLV) Stock Goes Ex-Dividend In Just Two Days
Readers hoping to buy Ricegrowers Limited (ASX:SGLLV) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is commonly two business days before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is important as the process of settlement involves at least two full business days. So if you miss that date, you would not show up on the company's books on the record date. Therefore, if you purchase Ricegrowers' shares on or after the 1st of July, you won't be eligible to receive the dividend, when it is paid on the 21st of July. The company's next dividend payment will be AU$0.50 per share, on the back of last year when the company paid a total of AU$0.65 to shareholders. Based on the last year's worth of payments, Ricegrowers stock has a trailing yield of around 5.8% on the current share price of AU$11.15. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to investigate whether Ricegrowers can afford its dividend, and if the dividend could grow. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. Ricegrowers paid out 63% of its earnings to investors last year, a normal payout level for most businesses. A useful secondary check can be to evaluate whether Ricegrowers generated enough free cash flow to afford its dividend. It paid out more than half (53%) of its free cash flow in the past year, which is within an average range for most companies. It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. See our latest analysis for Ricegrowers Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. For this reason, we're glad to see Ricegrowers's earnings per share have risen 18% per annum over the last five years. Ricegrowers is paying out a bit over half its earnings, which suggests the company is striking a balance between reinvesting in growth, and paying dividends. This is a reasonable combination that could hint at some further dividend increases in the future. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Since the start of our data, 10 years ago, Ricegrowers has lifted its dividend by approximately 9.6% a year on average. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders. Has Ricegrowers got what it takes to maintain its dividend payments? It's good to see earnings are growing, since all of the best dividend stocks grow their earnings meaningfully over the long run. However, we'd also note that Ricegrowers is paying out more than half of its earnings and cash flow as profits, which could limit the dividend growth if earnings growth slows. In summary, while it has some positive characteristics, we're not inclined to race out and buy Ricegrowers today. On that note, you'll want to research what risks Ricegrowers is facing. For example, we've found 1 warning sign for Ricegrowers that we recommend you consider before investing in the business. If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-04-2025
- Business
- Yahoo
Ricegrowers (ASX:SGLLV) shareholders have earned a 25% CAGR over the last five years
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far more than 100% on a really good stock. For instance, the price of Ricegrowers Limited (ASX:SGLLV) stock is up an impressive 120% over the last five years. In the last week the share price is up 2.2%. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. We've discovered 1 warning sign about Ricegrowers. View them for free. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During five years of share price growth, Ricegrowers achieved compound earnings per share (EPS) growth of 12% per year. This EPS growth is slower than the share price growth of 17% per year, over the same period. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). We know that Ricegrowers has improved its bottom line over the last three years, but what does the future have in store? This free interactive report on Ricegrowers' balance sheet strength is a great place to start, if you want to investigate the stock further. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Ricegrowers, it has a TSR of 206% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! We're pleased to report that Ricegrowers shareholders have received a total shareholder return of 77% over one year. That's including the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 25% per year), it would seem that the stock's performance has improved in recent times. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. To that end, you should be aware of the 1 warning sign we've spotted with Ricegrowers . If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
03-03-2025
- Business
- Yahoo
Returns On Capital Are Showing Encouraging Signs At Ricegrowers (ASX:SGLLV)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Speaking of which, we noticed some great changes in Ricegrowers' (ASX:SGLLV) returns on capital, so let's have a look. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Ricegrowers is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.17 = AU$119m ÷ (AU$1.3b - AU$568m) (Based on the trailing twelve months to October 2024). Thus, Ricegrowers has an ROCE of 17%. In absolute terms, that's a satisfactory return, but compared to the Food industry average of 7.6% it's much better. Check out our latest analysis for Ricegrowers In the above chart we have measured Ricegrowers' prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Ricegrowers . Ricegrowers is displaying some positive trends. The numbers show that in the last five years, the returns generated on capital employed have grown considerably to 17%. The company is effectively making more money per dollar of capital used, and it's worth noting that the amount of capital has increased too, by 26%. So we're very much inspired by what we're seeing at Ricegrowers thanks to its ability to profitably reinvest capital. On a side note, we noticed that the improvement in ROCE appears to be partly fueled by an increase in current liabilities. Essentially the business now has suppliers or short-term creditors funding about 45% of its operations, which isn't ideal. And with current liabilities at those levels, that's pretty high. To sum it up, Ricegrowers has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. Since the stock has returned a staggering 247% to shareholders over the last five years, it looks like investors are recognizing these changes. Therefore, we think it would be worth your time to check if these trends are going to continue. Like most companies, Ricegrowers does come with some risks, and we've found 1 warning sign that you should be aware of. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
