Professional
Added to YB: 2026-09-22
Pitch date: 2026-09-17
SGLLV.AX [bullish]
Ricegrowers Limited
-3.5%
current return
Author Info
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Company Info
Ricegrowers Limited operates as a rice food company in Australia, New Zealand, the Pacific, Asia, Europe, the Middle East, Africa, and North America.
Market Cap
AUD 822.7M
Pitch Price
AUD 12.57
Price Target
16.20 (+36%)
Dividend
5.86%
EV/EBITDA
6.92
P/E
11.64
EV/Sales
0.55
Sector
Food Products
Category
growth
SunRice (Ricegrowers ASX:SGLLV) - Long term strategy in-line with listed peers
SGLLV.AX: SunRice’s long-term case remains intact despite a harvest-driven FY27 earnings decline: management reiterated slightly lower revenue and materially lower NPAT. ABARE estimates the Australian crop at 139kt, while the analyst forecasts a $20m under-recovery and a 22% EPS decline, with the lower harvest the key driver. Existing distribution, product innovation and acquisition capacity support longer-term growth. The unchanged DCF is $16.20 per share, with a forecast sustainable $0.70 dividend and 4.8% fully franked yield; harvest conditions remain the key uncertainty.
Read full article (11 min)