Ricegrowers Ltd. Class B (SGLLV) AI Stock Analysis

• Market Cap: AU$714.32M
• Dividend Yield: 5%
• Average Volume (3M): 46.80K
• Price to Earnings (P/E): 11.2
• Beta (1Y): -0.11
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: 2,139
• Sector: Utilities
• Sector Strength: 76
• Industry: Agricultural Farm Products
• EPS (TTM): 0.47
• Shares Outstanding: 64,937,810
• 10 Day Avg. Volume: 52,634
• 30 Day Avg. Volume: 46,805
• PEG Ratio: N/A
• Price to Book (P/B): 1.26
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$11.85
• Price Target Upside: 7.73% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 76 Outperform
• Price Target: ―

Ricegrowers Ltd. Class B shows strong financial performance with consistent revenue growth and profitability improvements. The technical analysis indicates a positive price trend, but the absence of momentum indicators limits a comprehensive analysis. The stock appears reasonably valued with an attractive dividend yield, solidifying its appeal to income-focused investors.

Ricegrowers Ltd. Class B Business Overview & Revenue Model

Company Description

Ricegrowers Ltd. Class B (SGLLV), commonly known as SunRice, is a leading Australian agribusiness and one of the largest rice food companies in the world. The company operates across multiple sectors including rice processing, manufacturing, and marketing, as well as offering a diverse range of food products. SunRice's core products include rice and rice-based food products, which are distributed to both domestic and international markets.

How the Company Makes Money

SunRice generates its revenue primarily through the sale of rice and rice-based products. The company's key revenue streams include the production and distribution of branded rice products, both in bulk form for food service and retail packaged products for consumers. SunRice also earns income from its vertically integrated supply chain, which includes rice milling, storage, and logistics services. Additionally, the company benefits from strategic partnerships and a strong export presence, particularly in the Asia-Pacific region, which contributes significantly to its earnings. SunRice also diversifies its revenue by offering value-added products such as rice snacks and meals, as well as engaging in related agribusiness activities.

Ricegrowers Ltd. Class B Financial Statement Overview

Summary

Ricegrowers Ltd. Class B demonstrates strong financial health with consistent revenue growth, improved profitability margins, moderate leverage, and effective equity utilization. The cash flow statement indicates improved cash generation, positioning the company well for future growth.

Income Statement

Ricegrowers Ltd. Class B has shown consistent revenue growth with a revenue growth rate of 14.67% from 2023 to 2024. The company also demonstrated a strong gross profit margin of 38.76% and an improved net profit margin of 3.37% in 2024. The EBIT and EBITDA margins have improved significantly, suggesting enhanced operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.45, indicating moderate leverage. The return on equity is 10.95%, showcasing effective use of equity capital to generate profits. The equity ratio of 41.09% suggests a balanced approach between equity and liabilities.

Cash Flow

The cash flow analysis reveals a significant turnaround in free cash flow, growing from a negative position in 2023 to positive in 2024. The free cash flow to net income ratio is 1.28, indicating strong cash generation relative to net income. However, the operating cash flow to net income ratio is 1.64, which is quite healthy.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
1.87B	1.87B	1.63B	1.33B	1.02B	1.13B
	Gross Profit
739.39M	726.55M	670.24M	512.00M	375.49M	424.24M
	EBIT
279.52M	278.83M	88.93M	65.70M	23.06M	38.18M
	EBITDA
215.86M	134.57M	112.05M	91.44M	48.73M	65.39M
	Net Income Common Stockholders
64.42M	63.13M	52.55M	47.55M	20.77M	27.01M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
45.53M	32.81M	74.30M	42.60M	23.54M	39.84M
	Total Assets
1.27B	1.40B	1.33B	1.20B	921.53M	818.31M
	Total Debt
247.59M	256.57M	365.73M	240.38M	171.41M	122.44M
	Net Debt
202.06M	223.77M	291.43M	197.78M	147.88M	82.60M
	Total Liabilities
669.29M	799.51M	770.32M	693.44M	460.57M	336.95M
	Stockholders Equity
578.99M	576.60M	533.44M	485.90M	444.11M	458.38M
Cash Flow		Free Cash Flow
87.10M	80.60M	-68.66M	7.74M	20.08M	58.24M
	Operating Cash Flow
117.89M	103.44M	-48.56M	24.34M	39.01M	89.53M
	Investing Cash Flow
-32.91M	-4.00M	-16.30M	-54.05M	-83.84M	-30.69M
	Financing Cash Flow
-102.20M	-131.51M	99.84M	32.92M	39.74M	-38.02M

Ricegrowers Ltd. Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SGLLV, the sentiment is Positive. The current price of 11 is above the 20-day moving average (MA) of 10.94, above the 50-day MA of 10.92, and above the 200-day MA of 9.96, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 53.74 is Neutral, neither overbought nor oversold. The STOCH value of 47.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SGLLV.

Ricegrowers Ltd. Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SGLLV	76 Outperform	AU$714.32M	11.16	11.41%	5.00%	―	―
BGA	65 Neutral	€1.71B	50.00	3.35%	1.93%	4.28%	―
ELD	64 Neutral	€1.16B	15.39	7.21%	6.35%	6.54%	-0.58%
Sector *	64 Neutral	$8.53B	10.34	4.24%	4.37%	4.14%	-13.04%
GNC	63 Neutral	$1.71B	24.34	4.61%	3.26%	2.00%	-28.15%
SHV	52 Neutral	$640.91M	19.44	7.05%	―	75.76%	―
AAC	51 Neutral	$825.44M	25.13	-0.01%	―	15.11%	―