Sanford Ltd
NZX:SAN

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Sanford Ltd
NZX:SAN
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Price: 4.8 NZD Market Closed
Market Cap: 448.8m NZD

Relative Value

The Relative Value of one SAN stock under the Base Case scenario is 9.16 NZD. Compared to the current market price of 4.8 NZD, Sanford Ltd is Undervalued by 48%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SAN Relative Value
Base Case
9.16 NZD
Undervaluation 48%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
44
vs Industry
50
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9
Forward
0.8
vs History
50
vs Industry
23
Median 3Y
22.8
Median 5Y
23.1
Industry
16.2
Forward
11.2
vs History
87
vs Industry
60
Median 3Y
6.5
Median 5Y
9.2
Industry
9.7
vs History
57
vs Industry
49
Median 3Y
5.8
Median 5Y
6.1
Industry
17.3
vs History
42
vs Industry
73
Median 3Y
0.6
Median 5Y
0.6
Industry
1.5
vs History
50
vs Industry
43
Median 3Y
1.1
Median 5Y
1.1
Industry
1.1
Forward
1.1
vs History
80
vs Industry
39
Median 3Y
5.5
Median 5Y
5.8
Industry
4.7
vs History
66
vs Industry
30
Median 3Y
12.1
Median 5Y
14
Industry
10
Forward
5.8
vs History
66
vs Industry
37
Median 3Y
12.1
Median 5Y
14
Industry
13
Forward
8.7
vs History
87
vs Industry
57
Median 3Y
9.6
Median 5Y
14.4
Industry
10.9
vs History
30
vs Industry
42
Median 3Y
6.7
Median 5Y
-15.5
Industry
15.1
vs History
44
vs Industry
65
Median 3Y
0.6
Median 5Y
0.7
Industry
1.1

Multiples Across Competitors

SAN Competitors Multiples
Sanford Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
NZ
Sanford Ltd
NZX:SAN
448.3m NZD 0.8 22.8 12.1 12.1
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8 186 542.5 318 284.3
CH
Nestle SA
SIX:NESN
225.5B CHF 2.5 20.7 14 17.3
CH
Aryzta AG
SIX:ARYN
81.3B CHF 39.7 870 273.6 462.1
US
Mondelez International Inc
NASDAQ:MDLZ
87.5B USD 2.4 19 12.7 15.2
FR
Danone SA
PAR:BN
47.9B EUR 1.7 23.7 11.3 15
ZA
Tiger Brands Ltd
JSE:TBS
46.9B Zac 0 0 0 0
US
Hershey Co
NYSE:HSY
34.6B USD 3.2 21 13.9 16.6
US
Kraft Heinz Co
NASDAQ:KHC
33.5B USD 1.3 12.6 8.3 9.8
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
27.5B CHF 5 40.9 23.3 31
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
235.1B CNY 8.5 35.5 29.1 29.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NZ
Sanford Ltd
NZX:SAN
Average EV/EBITDA: 18 694.1
12.1
33%
0.4
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
14
4%
3.5
CH
Aryzta AG
SIX:ARYN
273.6
5%
54.7
US
Mondelez International Inc
NASDAQ:MDLZ
12.7
-1%
N/A
FR
Danone SA
PAR:BN
11.3
5%
2.3
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
23%
N/A
US
Hershey Co
NYSE:HSY
13.9
-8%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
8.3
0%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.3
8%
2.9
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
29.1
17%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NZ
Sanford Ltd
NZX:SAN
Average EV/EBIT: 31 889.2
12.1
17%
0.7
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
17.3
2%
8.6
CH
Aryzta AG
SIX:ARYN
462.1
8%
57.8
US
Mondelez International Inc
NASDAQ:MDLZ
15.2
-2%
N/A
FR
Danone SA
PAR:BN
15
6%
2.5
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
15%
N/A
US
Hershey Co
NYSE:HSY
16.6
-10%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
9.8
-1%
N/A
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
31
9%
3.4
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
29.1
13%
2.2