Seneca Foods Corporation PFD $12.00
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. It offers canned, frozen, and bottled produce; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, READ, Green Valley, Cherryman, and Seneca Farms. … Read more
Seneca Foods Corporation PFD $12.00 (SENEM) - Net Assets
Latest net assets as of September 2024: $598.94 Million USD
Based on the latest financial reports, Seneca Foods Corporation PFD $12.00 (SENEM) has net assets worth $598.94 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.48 Billion) and total liabilities ($884.49 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $598.94 Million |
| % of Total Assets | 40.38% |
| Annual Growth Rate | 6.1% |
| 5-Year Change | 47.81% |
| 10-Year Change | 65.72% |
| Growth Volatility | 13.34 |
Seneca Foods Corporation PFD $12.00 - Net Assets Trend (1986–2024)
This chart illustrates how Seneca Foods Corporation PFD $12.00's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Seneca Foods Corporation PFD $12.00 (1986–2024)
The table below shows the annual net assets of Seneca Foods Corporation PFD $12.00 from 1986 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $582.89 Million | -0.10% |
| 2023-03-31 | $583.46 Million | -0.06% |
| 2022-03-31 | $583.84 Million | +1.04% |
| 2021-03-31 | $577.82 Million | +46.52% |
| 2020-03-31 | $394.36 Million | -5.54% |
| 2019-03-31 | $417.49 Million | +5.18% |
| 2018-03-31 | $396.93 Million | -8.60% |
| 2017-03-31 | $434.26 Million | +7.18% |
| 2016-03-31 | $405.17 Million | +15.19% |
| 2015-03-31 | $351.73 Million | -10.64% |
| 2014-03-31 | $393.63 Million | +7.21% |
| 2013-03-31 | $367.17 Million | +3.52% |
| 2012-03-31 | $354.67 Million | +0.24% |
| 2011-03-31 | $353.83 Million | +5.62% |
| 2010-03-31 | $335.01 Million | +18.62% |
| 2009-03-31 | $282.43 Million | +1.07% |
| 2008-03-31 | $279.43 Million | +2.14% |
| 2007-03-31 | $273.57 Million | +25.62% |
| 2006-03-31 | $217.78 Million | +11.22% |
| 2005-03-31 | $195.81 Million | +2.92% |
| 2004-03-31 | $190.25 Million | +19.38% |
| 2003-03-31 | $159.36 Million | +5.45% |
| 2002-03-31 | $151.12 Million | +0.91% |
| 2001-03-31 | $149.76 Million | +0.51% |
| 2000-03-31 | $149.00 Million | +3.04% |
| 1999-03-31 | $144.60 Million | +62.29% |
| 1998-03-31 | $89.10 Million | -4.91% |
| 1997-03-31 | $93.70 Million | +3.08% |
| 1996-03-31 | $90.90 Million | +4.12% |
| 1995-03-31 | $87.30 Million | +2.22% |
| 1994-03-31 | $85.40 Million | +4.91% |
| 1993-03-31 | $81.40 Million | +7.25% |
| 1992-03-31 | $75.90 Million | -1.17% |
| 1991-03-31 | $76.80 Million | +8.47% |
| 1990-03-31 | $70.80 Million | -0.28% |
| 1989-03-31 | $71.00 Million | +7.58% |
| 1988-03-31 | $66.00 Million | +5.10% |
| 1987-03-31 | $62.80 Million | +2.28% |
| 1986-03-31 | $61.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seneca Foods Corporation PFD $12.00's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1320.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $704.55 Million | 120.87% |
| Common Stock | $3.05 Million | 0.52% |
| Other Comprehensive Income | $-25.38 Million | -4.35% |
| Total Equity | $582.89 Million | 100.00% |
Seneca Foods Corporation PFD $12.00 Competitors by Market Cap
The table below lists competitors of Seneca Foods Corporation PFD $12.00 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Space Com
TA:SCC
|
$548.47K |
|
MCCORMICK NON VTG
BE:MCX
|
$548.68K |
|
Ludan Engineering Co. Ltd
TA:LUDN
|
$548.68K |
|
Barakah Offshore Petroleum Bhd
KLSE:7251
|
$548.68K |
|
PANDORA (3P7.SG)
STU:3P7
|
$548.34K |
|
POLARIS INDS
BE:PL6
|
$547.96K |
|
ERAMET (ER7.SG)
STU:ER7
|
$547.64K |
|
Origin Materials Inc Warrant
NASDAQ:ORGNW
|
$547.42K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seneca Foods Corporation PFD $12.00's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 583,464,000 to 582,893,000, a change of -571,000 (-0.1%).
- Net income of 63,318,000 contributed positively to equity growth.
- Dividend payments of 23,000 reduced retained earnings.
- Share repurchases of 33,030,000 reduced equity.
- Other comprehensive income decreased equity by 4,892,000.
- Other factors decreased equity by 25,944,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $63.32 Million | +10.86% |
| Dividends Paid | $23.00K | -0.0% |
| Share Repurchases | $33.03 Million | -5.67% |
| Other Comprehensive Income | $-4.89 Million | -0.84% |
| Other Changes | $-25.94 Million | -4.45% |
| Total Change | $- | -0.10% |
Book Value vs Market Value Analysis
This analysis compares Seneca Foods Corporation PFD $12.00's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.35x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 64.22x to 7.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | $0.90 | $58.01 | x |
| 1987-03-31 | $0.91 | $58.01 | x |
| 1988-03-31 | $0.98 | $58.01 | x |
| 1989-03-31 | $1.05 | $58.01 | x |
| 1990-03-31 | $1.10 | $58.01 | x |
| 1991-03-31 | $1.24 | $58.01 | x |
| 1992-03-31 | $1.18 | $58.01 | x |
| 1993-03-31 | $1.30 | $58.01 | x |
| 1994-03-31 | $1.48 | $58.01 | x |
| 1996-03-31 | $1.62 | $58.01 | x |
| 1997-03-31 | $1.54 | $58.01 | x |
| 1998-03-31 | $1.49 | $58.01 | x |
| 1999-03-31 | $2.36 | $58.01 | x |
| 2000-03-31 | $1.86 | $58.01 | x |
| 2001-03-31 | $2.52 | $58.01 | x |
| 2002-03-31 | $2.25 | $58.01 | x |
| 2003-03-31 | $2.42 | $58.01 | x |
| 2004-03-31 | $2.82 | $58.01 | x |
| 2005-03-31 | $2.88 | $58.01 | x |
| 2006-03-31 | $3.17 | $58.01 | x |
| 2007-03-31 | $3.70 | $58.01 | x |
| 2008-03-31 | $3.65 | $58.01 | x |
| 2009-03-31 | $3.69 | $58.01 | x |
| 2010-03-31 | $3.36 | $58.01 | x |
| 2011-03-31 | $3.04 | $58.01 | x |
| 2012-03-31 | $3.01 | $58.01 | x |
| 2013-03-31 | $3.27 | $58.01 | x |
| 2014-03-31 | $3.64 | $58.01 | x |
| 2015-03-31 | $3.27 | $58.01 | x |
| 2016-03-31 | $4.07 | $58.01 | x |
| 2017-03-31 | $4.41 | $58.01 | x |
| 2018-03-31 | $4.03 | $58.01 | x |
| 2019-03-31 | $4.33 | $58.01 | x |
| 2020-03-31 | $42.25 | $58.01 | x |
| 2021-03-31 | $6.34 | $58.01 | x |
| 2022-03-31 | $6.91 | $58.01 | x |
| 2023-03-31 | $7.63 | $58.01 | x |
| 2024-03-31 | $7.89 | $58.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seneca Foods Corporation PFD $12.00 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.86%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.34%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.43x
- Recent ROE (10.86%) is above the historical average (5.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 16.94% | 3.92% | 1.32x | 3.27x | $4.26 Million |
| 1987 | 2.87% | 0.67% | 1.39x | 3.09x | $-4.48 Million |
| 1988 | 4.70% | 1.02% | 1.62x | 2.84x | $-3.50 Million |
| 1989 | 7.04% | 1.61% | 1.60x | 2.73x | $-2.10 Million |
| 1990 | 8.19% | 1.68% | 1.77x | 2.74x | $-1.28 Million |
| 1991 | 7.68% | 1.84% | 1.52x | 2.75x | $-1.78 Million |
| 1992 | 1.19% | 0.27% | 1.60x | 2.71x | $-6.69 Million |
| 1993 | 5.16% | 1.63% | 1.27x | 2.50x | $-3.94 Million |
| 1994 | 10.66% | 3.14% | 1.45x | 2.35x | $560.00K |
| 1996 | -11.11% | -1.99% | 0.97x | 5.76x | $-19.19 Million |
| 1997 | 8.00% | 1.03% | 1.76x | 4.44x | $-1.87 Million |
| 1998 | -5.72% | -0.73% | 1.48x | 5.33x | $-14.01 Million |
| 1999 | 3.60% | 0.90% | 1.42x | 2.80x | $-9.26 Million |
| 2000 | 2.90% | 0.71% | 1.38x | 2.94x | $-10.58 Million |
| 2001 | 0.54% | 0.12% | 1.52x | 2.97x | $-14.16 Million |
| 2002 | 0.75% | 0.18% | 1.61x | 2.67x | $-13.97 Million |
| 2003 | 5.68% | 1.40% | 1.70x | 2.38x | $-6.89 Million |
| 2004 | 6.80% | 1.46% | 1.66x | 2.81x | $-6.08 Million |
| 2005 | 4.04% | 0.91% | 1.65x | 2.68x | $-11.67 Million |
| 2006 | 10.10% | 2.49% | 1.69x | 2.40x | $215.10K |
| 2007 | 11.72% | 3.13% | 1.64x | 2.29x | $4.71 Million |
| 2008 | 2.87% | 0.74% | 1.61x | 2.41x | $-19.92 Million |
| 2009 | 6.64% | 1.47% | 1.90x | 2.39x | $-9.48 Million |
| 2010 | 14.45% | 3.78% | 1.78x | 2.15x | $14.91 Million |
| 2011 | 4.99% | 1.48% | 1.60x | 2.10x | $-17.71 Million |
| 2012 | 3.17% | 0.89% | 1.71x | 2.08x | $-24.21 Million |
| 2013 | 11.28% | 3.24% | 1.59x | 2.19x | $4.70 Million |
| 2014 | 3.50% | 1.03% | 1.74x | 1.95x | $-25.58 Million |
| 2015 | 2.81% | 0.77% | 1.60x | 2.29x | $-25.27 Million |
| 2016 | 13.44% | 4.27% | 1.42x | 2.21x | $13.94 Million |
| 2017 | 2.90% | 1.01% | 1.32x | 2.18x | $-30.81 Million |
| 2018 | -3.48% | -1.05% | 1.23x | 2.70x | $-53.50 Million |
| 2019 | 1.38% | 0.48% | 1.41x | 2.03x | $-36.00 Million |
| 2020 | 13.27% | 3.92% | 1.47x | 2.31x | $12.90 Million |
| 2021 | 21.82% | 8.59% | 1.61x | 1.57x | $68.32 Million |
| 2022 | 7.91% | 3.34% | 1.46x | 1.62x | $-12.18 Million |
| 2023 | 5.68% | 2.20% | 1.21x | 2.13x | $-25.21 Million |
| 2024 | 10.86% | 4.34% | 1.03x | 2.43x | $5.03 Million |
Industry Comparison
This section compares Seneca Foods Corporation PFD $12.00's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $21,282,152,580
- Average return on equity (ROE) among peers: 31.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seneca Foods Corporation PFD $12.00 (SENEM) | $598.94 Million | 16.94% | 1.48x | $548.37K |
| Arçelik Anonim Sirketi (ACKAF) | $59.56 Billion | 12.87% | 3.33x | $19.95K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.23 Billion | -15.51% | 0.05x | $232.01K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $316.55 Million | 254.25% | 1.77x | $54.72 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $127.35 Billion | 4.24% | 0.47x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $11.77 Billion | 6.69% | 3.72x | $76.46K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $5.08 Billion | 14.69% | 0.67x | $9.45 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.91 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.36 Billion | 11.17% | 0.52x | $237.68K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.14 Billion | 10.45% | 1.28x | $142.90K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $374.10 | 13.04% | 2.96x | $224.78K |