Select Harvests (SHV) AI Stock Analysis

• Market Cap: AU$689.22M
• Dividend Yield: N/A
• Average Volume (3M): 756.60K
• Price to Earnings (P/E): 21.6
• Beta (1Y): 1.22
• Revenue Growth: 18.08%
• EPS Growth: 1680.16%
• Country: AU
• Employees: 471
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.02
• Shares Outstanding: 142,107,640
• 10 Day Avg. Volume: 512,968
• 30 Day Avg. Volume: 756,595
• PEG Ratio: 0.01
• Price to Book (P/B): 1.09
• Price to Sales (P/S): 1.44
• P/FCF Ratio: 7.24
• 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$5.11
• Price Target Upside: 5.37% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 0.63
• Revenue Forecast (FY): AU$611.56M

• Rating: 74 Outperform
• Price Target: AU$5.50 ▲(13.40% Upside)

Select Harvests is on a positive trajectory with strong financial recovery and bullish technical indicators. The company's strategic focus on debt reduction and operational efficiency is commendable, although challenges such as increased production costs and no dividend payment this year are notable risks.

Positive Factors

Debt Reduction

Reducing debt levels enhances financial flexibility and lowers interest expenses, allowing for potential reinvestment in growth initiatives.

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion.

Operational Efficiency

Improved cash flow from operations suggests effective cost management and operational efficiency, enhancing profitability and growth potential.

Negative Factors

Increased Production Costs

Higher production costs can compress profit margins, reducing the company's ability to invest in growth and maintain competitive pricing.

Lower Crop Size

A reduced crop size limits product availability and revenue potential, potentially impacting market share and customer relationships.

No Dividend Payment

Suspending dividends may deter income-focused investors, impacting shareholder satisfaction and potentially affecting stock attractiveness.

Select Harvests Business Overview & Revenue Model

Company Description

Select Harvests Limited engages in the processing, packaging, marketing, and distribution of edible nuts, dried fruits, seeds, muesli, and various natural health foods in Australia. It grows, processes, and sells almonds to the food industry from company owned and leased almond orchards, as well as holds a portfolio of approximately 9,262 hectares of almond orchards located in Victoria, New South Wales, and South Australia. The company also exports its products to Asia, Europe, and the Middle East. It offers its products under Renshaw and Alling Farms in the wholesale and industrial markets. Select Harvests Limited was incorporated in 1969 and is based in Richmond, Australia.

How the Company Makes Money

Select Harvests generates revenue primarily through the cultivation, processing, and sale of almonds. The company operates its own almond orchards, which contribute to a significant portion of its revenue by directly producing raw almonds for sale. In addition to raw almonds, Select Harvests also produces and sells a variety of value-added almond products, such as almond meal, almond oil, and snack items. The company benefits from both domestic sales and exports, with key markets including Asia and North America. Significant partnerships with distributors and retailers further enhance its market reach and revenue potential. Additionally, Select Harvests may engage in strategic collaborations or joint ventures to expand its product offerings and distribution networks, contributing to its overall earnings.

Select Harvests Financial Statement Overview

Summary

Select Harvests has shown a strong recovery in financial performance, with improvements in revenue growth, profitability margins, and cash flow generation. The balance sheet reflects a healthier leverage position, although historical fluctuations in financial metrics suggest potential risks.

Income Statement

Select Harvests has shown a positive revenue growth rate of 6.38% in the latest period, indicating recovery from previous declines. The gross profit margin improved to 17.21%, and the net profit margin increased to 8.00%, reflecting enhanced profitability. However, historical volatility in EBIT and EBITDA margins suggests potential risks in maintaining consistent operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.57, indicating a more balanced leverage position compared to previous years. Return on equity is modest at 6.09%, showing moderate profitability relative to equity. The equity ratio stands at 55.78%, suggesting a stable financial structure, but past fluctuations in equity levels pose potential risks.

Cash Flow

Select Harvests has demonstrated significant improvement in free cash flow growth, with a remarkable increase of 146.98%. The operating cash flow to net income ratio of 0.83 indicates strong cash generation relative to earnings. However, historical volatility in free cash flow highlights potential risks in sustaining this growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	398.26M	397.81M	336.84M	205.44M	235.52M	228.26M
Gross Profit	58.91M	68.45M	32.88M	-26.99M	25.07M	44.84M
EBITDA	63.90M	59.14M	30.55M	-135.28M	33.59M	53.72M
Net Income	31.84M	31.84M	1.50M	-114.73M	4.76M	15.12M
Balance Sheet
Total Assets	937.75M	937.75M	1.01B	913.25M	1.00B	1.00B
Cash, Cash Equivalents and Short-Term Investments	1.37M	1.37M	2.87M	1.13M	1.14M	2.00M
Total Debt	296.33M	296.33M	400.52M	420.98M	377.78M	353.22M
Total Liabilities	414.55M	414.55M	529.31M	501.73M	494.00M	476.85M
Stockholders Equity	523.20M	523.20M	480.76M	411.52M	520.28M	526.96M
Cash Flow
Free Cash Flow	94.73M	79.03M	1.34M	-31.23M	-5.95M	-127.34M
Operating Cash Flow	118.64M	118.64M	21.35M	-8.25M	26.30M	38.19M
Investing Cash Flow	-29.49M	-29.49M	-18.39M	-26.15M	-35.57M	-169.72M
Financing Cash Flow	-90.65M	-90.65M	5.09M	30.74M	10.27M	133.25M

Select Harvests Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SHV, the sentiment is Positive. The current price of 4.85 is above the 20-day moving average (MA) of 4.35, above the 50-day MA of 4.02, and above the 200-day MA of 4.25, indicating a bullish trend. The MACD of 0.28 indicates Negative momentum. The RSI at 71.30 is Negative, neither overbought nor oversold. The STOCH value of 67.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SHV.

Select Harvests Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CBO	75 Outperform	AU$1.38B	24.37	14.44%	1.56%	6.09%	166.89%
SHV	74 Outperform	AU$689.22M	21.62	6.00%	―	18.08%	1680.16%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
RIC	60 Neutral	AU$974.62M	19.32	10.88%	3.73%	3.15%	7.29%
BGA	51 Neutral	AU$1.81B	-212.19	-0.68%	2.03%	0.49%	-127.84%

Select Harvests Corporate Events

Select Harvests Updates on 2025 Crop and Financial Performance

Select Harvests Limited has announced a 2025 crop size estimate of 24,700MT, which is below the midpoint of its forecast range. Despite initial softening, global almond prices are recovering, with the company strategically selling its remaining 2025 crop. The company has reduced its net debt to $80 million and maintained flat production costs, reflecting strong financial management. The 2026 crop bloom has been positive despite challenges, and the company is optimistic about future almond prices due to global demand and structural changes in the US industry.

The most recent analyst rating on (AU:SHV) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Select Harvests stock, see the AU:SHV Stock Forecast page.

Select Harvests Detects Varroa Mite in South Australia, Ensures No Impact on Almond Crop

Select Harvests Limited has detected varroa mite in bees at its Jubilee Orchard in South Australia following annual pollination. The company has isolated the affected hives and is working with the Department of Primary Industries and Regions to prevent further spread. Despite the detection, there is no expected impact on the pollination or the 2026 almond crop’s quality and quantity. The company is actively sourcing bees for the 2027 crop, considering the potential spread of varroa mite, and remains committed to supporting the horticultural sector in South Australia.

The most recent analyst rating on (AU:SHV) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Select Harvests stock, see the AU:SHV Stock Forecast page.