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Sea Harvest Group Limited (SHG.JO)

ZAc850.00 -17.00 (-1.96%)
ZA JNB Consumer Defensive Agricultural Farm Products
Address The Boulevard Office Park 7925
Cape Town, ZA
CEO Felix Ratheb
IPO 2017-03-23
ISIN ZAE000240198

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Description

Sea Harvest Group Limited is a diversified food and fishing enterprise that supplies retail and foodservice clients across South Africa, Australia, Europe, and other global markets. Its operations are organized into four primary divisions: South African Fishing, Australian operations, Aquaculture, and Cape Harvest Foods. The company's core activities include the harvesting, processing, and distribution of a wide array of seafood, such as Cape Hake, Horse Mackerel, anchovies, pilchards, prawns, scallops, crabs, Spanish Mackerel, abalone, and oysters. It also handles seafood import and export. Beyond seafood, Sea Harvest manufactures, distributes, markets, and sells dairy products like cheese, butter, and milk powders, available in both retail and bulk quantities, primarily serving South African retail, foodservice, and food manufacturing sectors. Furthermore, it sources, produces, and markets a range of fresh, chilled, and frozen convenience food items for the retail, foodservice, and catering industries. Its extensive fleet comprises 36 vessels in total, with 15 dedicated to deep-sea hake and Horse Mackerel fishing. Another six vessels operate from Mossel Bay, targeting hake, East Coast sole, pilchards, and anchovies, while three vessels based in Durban specialize in prawn harvesting. Established in 1964, Sea Harvest Group Limited, headquartered in Cape Town, South Africa, was previously known as Sea Harvest Holdings Proprietary Limited until its name change in February 2017.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
ZAc850.00 -17.00 (-1.96%)
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Volume Profile
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Liquidity & share structure
Average Volume
60.0K
Beta
0.22
Float Shares
117.69M
Free Float %
35.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +2.73% +4.34% -10.36% -7.78% -8.85% +10.33% -10.55% -41.95% -33.05% -33.05%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
850.00
DCF (Unlevered) 10,794.65 +1,170.0%
DCF (Levered) 8,846.23 +940.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.77
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Agricultural Farm Products: +8.2%
    -7.5% Q4'25: -26.0% (vs Q4'23)
  • EPS growth Agricultural Farm Products: +20.0%
    +11.3% Q4'25: -170.8% (vs Q4'23)
  • FCF margin FCF growth · Agricultural Farm Products: +43.8%
    +19.5% Q4'25: +21.1% (vs Q4'23)
  • EBIT margin Agricultural Farm Products: +8.1%
    +28.7% Q4'25: +39.2% (vs Q4'23)
  • ROIC Agricultural Farm Products: +6.0%
    +16.6% Q4'25: +30.3% (vs Q4'23)
  • Share dilution Agricultural Farm Products: +0.0%
    +8.7% Q4'25: +10.5% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Agricultural Farm Products: 0.61×
    1.62× Q4'25: 0.89× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.20) × ERP
WACC = 49% × Ke + 51% × Kd (9.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 10,794.65 Current price: 850.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
2.58B
est: 2.63B (-1.7%)
3.97B
est: 4.10B (-3.2%)
4.38B
est: 4.20B (+4.2%)
4.62B
est: 4.62B (+0.0%)
5.88B
est: 5.75B (+2.2%)
6.20B
est: 6.30B (-1.6%)
7.18B
est: 7.58B (-5.3%)
6.64B
est: 8.75B (-24.1%)
6.76B
6.76B – 6.76B
-22.8% YoY
7.11B
7.11B – 7.11B
+5.2% YoY
7.54B
7.54B – 7.54B
+6.1% YoY
EBITDA
505.37M
est: 429.27M (+17.7%)
831.85M
est: 669.41M (+24.3%)
869.51M
est: 685.91M (+26.8%)
931.85M
est: 753.71M (+23.6%)
783.03M
est: 938.48M (-16.6%)
891.32M
est: 2.30B (-61.3%)
997.90M
est: 2.77B (-63.9%)
1.91B
est: 3.20B (-40.3%)
2.47B
2.47B – 2.47B
-22.8% YoY
2.60B
2.60B – 2.60B
+5.2% YoY
2.75B
2.75B – 2.75B
+6.1% YoY
EBIT
478.01M
est: 300.34M (+59.2%)
648.26M
est: 468.35M (+38.4%)
651.00M
est: 479.89M (+35.7%)
685.82M
est: 527.33M (+30.1%)
513.31M
est: 656.60M (-21.8%)
589.99M
est: 2.55B (-76.8%)
656.56M
est: 3.06B (-78.6%)
1.91B
est: 3.54B (-46.1%)
2.73B
2.73B – 2.73B
-22.8% YoY
2.87B
2.87B – 2.87B
+5.2% YoY
3.05B
3.05B – 3.05B
+6.1% YoY
Net Income
281.21M
est: 316.84M (-11.2%)
412.48M
est: 435.86M (-5.4%)
430.75M
est: 476.07M (-9.5%)
469.89M
est: 534.93M (-12.2%)
310.61M
est: 469.63M (-33.9%)
282.14M
226.96M
est: 408.93M (-44.5%)
276.00M
est: 559.22M (-50.6%)
587.18M
587.18M – 587.18M
+5.0% YoY
632.62M
632.62M – 632.62M
+7.7% YoY
706.02M
706.02M – 706.02M
+11.6% YoY
SGA
137.15M
est: 136.43M (+0.5%)
171.70M
est: 212.75M (-19.3%)
222.37M
est: 217.99M (+2.0%)
259.26M
est: 239.54M (+8.2%)
314.55M
est: 298.27M (+5.5%)
299.25M
est: 330.86M (-9.6%)
364.34M
est: 397.55M (-8.4%)
356.65M
est: 459.19M (-22.3%)
354.67M
354.67M – 354.67M
-22.8% YoY
373.03M
373.03M – 373.03M
+5.2% YoY
395.89M
395.89M – 395.89M
+6.1% YoY
EPS
1.13
est: 0.99 (+14.7%)
1.49
est: 1.36 (+10.0%)
1.54
est: 1.48 (+4.1%)
1.68
est: 1.66 (+1.0%)
1.11
est: 1.46 (-24.0%)
1.02
0.72
est: 1.17 (-38.5%)
0.83
est: 1.60 (-48.1%)
1.68
1.68 – 1.68
+5.0% YoY
1.81
1.81 – 1.81
+7.7% YoY
2.02
2.02 – 2.02
+11.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 B+ 3/5 4/5 3/5 3/5 2/5 3/5 4/5
2026-05-27 B+ 3/5 4/5 3/5 3/5 2/5 3/5 4/5
2026-05-26 B+ 3/5 4/5 3/5 3/5 2/5 3/5 4/5
2026-05-25 B+ 3/5 4/5 3/5 3/5 2/5 3/5 4/5
2026-05-22 B+ 3/5 4/5 3/5 3/5 2/5 3/5 4/5
2026-05-21 B+ 3/5 4/5 3/5 3/5 2/5 3/5 4/5
2026-05-20 B+ 3/5 4/5 3/5 3/5 2/5 3/5 4/5
2026-05-19 B+ 3/5 4/5 3/5 3/5 2/5 3/5 4/5
2026-05-18 B+ 3/5 4/5 3/5 3/5 2/5 3/5 4/5
2026-05-15 A- 4/5 4/5 3/5 3/5 2/5 4/5 4/5
2026-05-14 A- 4/5 4/5 3/5 3/5 2/5 4/5 4/5
2026-05-13 A- 4/5 4/5 3/5 3/5 2/5 4/5 4/5
2026-05-12 A- 4/5 4/5 3/5 3/5 2/5 4/5 4/5
2026-05-11 A- 4/5 4/5 3/5 3/5 2/5 4/5 4/5
2026-05-08 A- 4/5 4/5 3/5 3/5 2/5 4/5 5/5
2026-05-07 A- 4/5 4/5 3/5 3/5 2/5 4/5 5/5
2026-05-06 A- 4/5 4/5 3/5 3/5 2/5 4/5 5/5
2026-05-05 A- 4/5 4/5 3/5 3/5 2/5 4/5 5/5
2026-04-30 A- 4/5 4/5 3/5 4/5 1/5 4/5 5/5
2026-04-29 A- 4/5 4/5 3/5 4/5 1/5 4/5 5/5
2026-04-28 A- 4/5 4/5 3/5 4/5 1/5 4/5 5/5
2026-04-24 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-23 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-22 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-21 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-20 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-17 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-16 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.48B
OE per share TTM
4.56
Owner's Yield
51.67%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
47.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
361.8K
Shares Outstanding
330.47M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Felix Ratheb Group Chief Executive Officer & Executive Director 15M male
Muhammad Brey Group Chief Financial Officer & Executive Director 8M male
Konrad Geldenhuys Chief Operating Officer of South African Fishing 3M male
Jonty Jankovich-Besan Managing Director of Aqunion male
Lynn Boshoff Managing Director of Sea Harvest Pelagic female
Renaldo Stefan Groenewald Managing Director Ladismith Cheese Co male
Costas Vayanos Managing Director of BM Foods Group male
Zantira Annandakrisnan Company Secretary & Legal Advisor female
Danie Du Toit Chief Executive Officer of Sea Harvest Australia male
Innocent Dwayi Group Human Resources Director male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits