Professional
Added to YB: 2024-07-31
Pitch date: 2024-07-24
SENEA [bullish]
Seneca Foods Corporation
+84.05%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
Company Info
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally.
Market Cap
$808.6M
Pitch Price
$60.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.06
P/E
13.73
EV/Sales
0.68
Sector
Food Products
Category
growth
Alluvial Capital Management Portfolio Holding: Seneca Foods Corporation
SENEA: Canned veg co. benefiting from competitor exits. Strong FY24 profits despite discounting & high inventory. Less exposed to inflation due to owned facilities. Reduced processing & capex in FY25 to boost FCF. CEO letter in 2024 annual report highlights positive outlook. Poised for growth as industry pressures ease.
Read full article (1 min)