A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
SEABOARD CORP /DE/
SEB
$4.5B
Mkt Cap
$4,714.45
+2.01%
SEABOARD CORP /DE/ (SEB) has a current P/E ratio of 9.2, compared to its historical median P/E of 14.8. The stock is currently considered Fair based on its historical valuation range.
SEABOARD CORP /DE/ (SEB) has a 5-year average return on invested capital (ROIC) of 8.9%. This is below average and may indicate limited pricing power.
SEABOARD CORP /DE/ (SEB) has a market capitalization of $4.5B. It is classified as a mid-cap stock.
Yes, SEABOARD CORP /DE/ (SEB) pays a dividend with a trailing twelve-month yield of 0.20%. The company also returns capital through share buybacks, with a buyback yield of 0.86%.
Based on historical P/E analysis, SEABOARD CORP /DE/ (SEB) appears fair. The current P/E of 9.2 is 38% below its historical median of 14.8. The estimated fair value CAGR (P/E method) is 7.9%.
SEABOARD CORP /DE/ (SEB) operates in the Wholesale-Farm Product Raw Materials industry, within the Consumer Defensive sector.
SEABOARD CORP /DE/ (SEB) reported annual revenue of $9.7 billion in its most recent fiscal year, based on SEC EDGAR filings.
Company Overview Seaboard Corporation and its subsidiaries (collectively, “Seaboard”) together comprise a diversified group of companies that operate worldwide in agricultural, energy and ocean transport businesses. Seaboard is primarily engaged in hog production, pork processing and biofuel production in the United States (“U.S.”); commodity trading and grain processing in Africa and South America; cargo shipping services in the U.S., Caribbean and Central and South America; and electric power generation in the Dominican Republic. Seaboard also has an equity method investment in Butterball, LLC (“Butterball”), a producer and processor of turkey products. Seaboard’s diverse operations are relatively decentralized, with each segment having a management team that operates independently of the others. Seaboard was originally founded in 1918 as a flour brokerage business and was organized as a Delaware corporation in 1946.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 9.8B | 9.7B | 9.1B | 9.6B | 11.2B | 9.2B |
| Net Income | 583M | - | - | 226M | 580M | 570M |
| EPS | $608.15 | $514.46 | $90.62 | $202.21 | $499.66 | $490.36 |
| Free Cash Flow | -15M | 6.0M | 8.0M | 204M | 202M | -368M |
| ROIC | 6.1% | - | - | 4.0% | 12.5% | 10.1% |
| Gross Margin | 7.8% | 7.1% | 6.3% | 3.3% | 9.2% | 8.9% |
| Debt/Equity | 0.26 | 0.43 | 0.61 | 0.57 | 0.49 | 0.43 |
| Dividends/Share | $9.40 | $9.00 | $9.00 | $9.00 | $9.00 | $9.00 |
| Operating Income | 297M | 239M | 156M | -87M | 657M | 458M |
| Operating Margin | 3.0% | 2.5% | 1.7% | -0.9% | 5.8% | 5.0% |
| ROE | 10.9% | - | - | 4.7% | 12.3% | 13.8% |
| Shares Outstanding | 1M | 1M | 1M | 1M | 1M | 1M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 6.5B | 5.6B | 5.4B | 5.8B | 6.6B | 6.8B | 7.1B | 9.2B | 11.2B | 9.6B | 9.1B | 9.7B | 9.8B |
| Gross Margin | 10.5% | 7.1% | 9.2% | 9.5% | 8.4% | 6.5% | 8.1% | 8.9% | 9.2% | 3.3% | 6.3% | 7.1% | 7.8% |
| R&D | N/A | N/A | N/A | N/A | 77M | 143M | 134M | 191M | 210M | 361M | 113M | 64M | 64M |
| SG&A | 254M | 270M | 267M | 309M | 314M | 336M | 329M | 360M | 373M | 403M | 420M | 454M | 471M |
| EBIT | 424M | 126M | 230M | 240M | 236M | 110M | 245M | 458M | 657M | -87M | 156M | 239M | 297M |
| Op. Margin | 6.6% | 2.3% | 4.3% | 4.1% | 3.6% | 1.6% | 3.4% | 5.0% | 5.8% | -0.9% | 1.7% | 2.5% | 3.0% |
| Net Income | 367M | 171M | 312M | 247M | 3.0M | 287M | 283M | 570M | 580M | 226M | N/A | N/A | 583M |
| Net Margin | 5.7% | 3.1% | 5.8% | 4.3% | 0.0% | 4.2% | 4.0% | 6.2% | 5.2% | 2.4% | N/A | N/A | 5.9% |
| Non-Recurring | 3.0M | 0 | 0 | 0 | 0 | 0 | 0 | 4.0M | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 12.7% | 4.0% | 8.4% | 6.3% | 5.7% | 3.9% | 7.8% | 10.1% | 12.5% | 4.0% | N/A | N/A | 6.1% |
| ROE | 14.1% | 6.1% | 10.3% | 7.5% | 0.1% | 8.3% | 7.6% | 13.8% | 12.3% | 4.7% | N/A | N/A | 10.9% |
| ROA | 10.3% | 4.2% | 6.8% | 5.0% | 0.1% | 4.9% | 4.4% | 8.2% | 7.5% | 2.9% | N/A | N/A | 6.9% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 374M | 416M | 427M | 245M | 238M | 171M | 291M | 92M | 676M | 710M | 519M | 568M | 534M |
| Free Cash Flow | 253M | 277M | 269M | 72M | 76M | -178M | 32M | -368M | 202M | 204M | 8.0M | 6.0M | -15M |
| Owner Earnings | 282M | 325M | 325M | 127M | 104M | 33M | 119M | -86M | 441M | 427M | 208M | 250M | 211M |
| CapEx | 121M | 139M | 158M | 173M | 162M | 349M | 259M | 460M | 474M | 506M | 511M | 562M | 549M |
| Maint. CapEx | 92M | 91M | 102M | 118M | 134M | 138M | 172M | 178M | 235M | 283M | 311M | 318M | 323M |
| Growth CapEx | 29M | 48M | 56M | 55M | 28M | 211M | 87M | 282M | 239M | 223M | 200M | 244M | 226M |
| D&A | 92M | 91M | 102M | 118M | 134M | 138M | 172M | 178M | 235M | 283M | 311M | 318M | 323M |
| CapEx/OCF | 32.4% | 33.4% | 37.0% | 70.6% | 68.1% | 204.1% | 89.0% | 500.0% | 70.1% | 71.3% | 98.5% | 98.9% | 102.8% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 7.0M | 7.0M | 10M | 10M | 10M | 10M | 10M | 9.0M | 9.0M | 9.0M |
| Dividend Yield | N/A | N/A | N/A | 0.1% | 0.1% | 0.2% | 0.3% | 0.2% | 0.2% | 0.2% | 0.3% | 0.3% | 0.2% |
| Share Buybacks | 53M | 0 | 0 | 0 | 5.0M | 17M | 13M | 0 | 0 | 600M | 8.0M | 39M | 39M |
| Buyback Yield | 1.1% | N/A | N/A | N/A | 0.1% | 0.4% | 0.4% | N/A | N/A | 15.1% | 0.3% | 0.9% | 0.9% |
| Stock-Based Comp | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt Repayment | 91M | 83M | 5.0M | 17M | 46M | 35M | 69M | 55M | 8.0M | 8.0M | 10M | 11M | 11M |
| Balance Sheet | |||||||||||||
| Net Debt | -419M | -699M | -863M | -1.1B | -604M | -667M | -489M | 428M | 1.2B | 1.6B | 1.7B | 993M | 228M |
| Cash & Equiv. | 36M | 50M | 77M | 116M | 194M | 125M | 76M | 75M | 199M | 56M | 98M | 178M | 1.2B |
| Long-Term Debt | 91M | 518M | 499M | 482M | 739M | 730M | 707M | 708M | 702M | 997M | 987M | 977M | 974M |
| Debt/Equity | 0.04 | 0.21 | 0.16 | 0.17 | 0.28 | 0.25 | 0.28 | 0.43 | 0.49 | 0.57 | 0.61 | 0.43 | 0.26 |
| Interest Coverage | 21.2 | 7.0 | 7.9 | 8.3 | 5.4 | 3.1 | 12.9 | 35.2 | 16.4 | -1.5 | 2.2 | 3.4 | 59.4 |
| Equity | 2.7B | 2.9B | 3.2B | 3.4B | 3.3B | 3.6B | 3.8B | 4.4B | 5.0B | 4.6B | 4.7B | 5.2B | 5.3B |
| Total Assets | 3.7B | 4.4B | 4.8B | 5.2B | 5.3B | 6.3B | 6.4B | 7.5B | 7.9B | 7.6B | 7.7B | 8.2B | 8.4B |
| Total Liabilities | 957M | 1.5B | 1.6B | 1.8B | 2.0B | 2.7B | 2.6B | 3.1B | 2.9B | 2.9B | 2.9B | 3.0B | 3.1B |
| Intangibles | 4.0M | 3.0M | 3.0M | 2.0M | 69M | 58M | 54M | 45M | 31M | 26M | 19M | N/A | N/A |
| Retained Earnings | 3.0B | 3.2B | 3.5B | 3.8B | 3.7B | 4.0B | 4.3B | 4.8B | 5.4B | 5.0B | 5.1B | 5.6B | 5.7B |
| Working Capital | 1.4B | 1.9B | 2.1B | 2.3B | 2.2B | 2.2B | 2.3B | 2.5B | 2.5B | 2.0B | 2.1B | 2.1B | 2.2B |
| Current Assets | 2.1B | 2.7B | 2.8B | 3.1B | 3.0B | 3.4B | 3.4B | 4.0B | 4.0B | 3.4B | 3.5B | 3.6B | 3.8B |
| Current Liabilities | 635M | 766M | 785M | 818M | 784M | 1.2B | 1.1B | 1.6B | 1.5B | 1.3B | 1.4B | 1.5B | 1.6B |
| Per Share Data | |||||||||||||
| EPS | 311.44 | 146.44 | 266.50 | 211.01 | 2.26 | 246.62 | 244.21 | 490.36 | 499.66 | 202.21 | 90.62 | 514.46 | 608.15 |
| Owner EPS | 239.31 | 278.32 | 277.60 | 108.50 | 78.35 | 28.36 | 102.69 | -73.98 | 379.91 | 382.05 | 214.20 | 261.02 | 220.30 |
| Book Value | 2,316.71 | 2,462.93 | 2,700.88 | 2,902.03 | 2,499.56 | 3,085.76 | 3,293.81 | 3,799.00 | 4,303.97 | 4,130.09 | 4,869.96 | 5,441.67 | 5,571.14 |
| Cash Flow/Share | 317.38 | 356.25 | 364.73 | 209.30 | 179.29 | 146.94 | 251.11 | 79.15 | 582.36 | 635.26 | 534.47 | 593.03 | 945.92 |
| Dividends/Share | N/A | N/A | N/A | 6.00 | 6.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.40 |
| Shares Out. | 1.2M | 1.2M | 1.2M | 1.2M | 1.3M | 1.2M | 1.2M | 1.2M | 1.2M | 1.1M | 1.0M | 1.0M | 1.0M |
| Valuation | |||||||||||||
| P/E Ratio | 12.7 | 19.8 | 14.8 | 20.1 | N/A | 16.6 | 12.7 | 8.0 | 7.5 | 17.6 | 26.5 | 8.5 | 7.8 |
| P/FCF | 18.4 | 12.2 | 17.2 | 68.8 | 61.0 | N/A | 112.0 | N/A | 21.7 | 19.5 | 291.3 | 697.1 | N/A |
| EV/EBIT | 9.9 | 21.8 | 17.6 | 16.5 | 16.6 | 38.7 | 12.4 | 9.4 | 6.5 | N/A | 15.6 | 18.4 | 16.0 |
| Price/Book | 1.7 | 1.2 | 1.5 | 1.5 | 1.2 | 1.3 | 0.9 | 1.0 | 0.9 | 0.9 | 0.5 | 0.8 | 0.8 |
| Price/Sales | 3.6 | 4.1 | 3.8 | 0.8 | 0.7 | 0.7 | 0.5 | 0.5 | 0.4 | 0.4 | 0.3 | 0.3 | 0.5 |
| FCF Yield | 5.4% | 8.2% | 5.8% | 1.5% | 1.9% | -3.7% | 0.9% | -8.1% | 4.6% | 5.1% | 0.3% | 0.1% | -0.3% |
| Market Cap | 4.7B | 3.4B | 4.6B | 5.0B | 4.1B | 4.8B | 3.6B | 4.6B | 4.4B | 4.0B | 2.3B | 4.2B | 4.5B |
| Avg. Price | 2,803.86 | 3,442.63 | 3,081.74 | 4,047.49 | 3,833.72 | 4,028.33 | 3,143.96 | 3,724.73 | 3,846.79 | 3,688.40 | 3,120.00 | 3,163.83 | 4,714.45 |
| Year-End Price | 3,949.04 | 2,897.91 | 3,945.15 | 4,234.28 | 3,493.80 | 4,102.25 | 3,093.29 | 3,918.01 | 3,772.21 | 3,552.88 | 2,399.60 | 4,367.01 | 4,714.45 |
SEABOARD CORP /DE/ passes 3 of 9 quality checks, indicating weak fundamentals.
SEABOARD CORP /DE/ trades at 9.2x trailing earnings, compared to its 15-year median P/E of 14.8x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 752.6x vs a median of 21.7x. The company's 5-year average ROIC is 8.9% with a gross margin of 7.0%. Total shareholder yield (dividends + buybacks) is 1.1%. At current prices, the estimated annualized return to fair value is +21.3%.
SEABOARD CORP /DE/ (SEB) generated $6 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
SEABOARD CORP /DE/ (SEB) has a debt-to-equity ratio of 0.43. This indicates a conservatively financed balance sheet.
SEABOARD CORP /DE/ (SEB) reported earnings per share (EPS) of $514.46 in its most recent fiscal year.
SEABOARD CORP /DE/ (SEB) has a 5-year average gross margin of 7.0%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for SEABOARD CORP /DE/ (SEB), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
SEABOARD CORP /DE/ (SEB) has a book value per share of $5441.67, based on its most recent annual SEC filing.
No recent press releases.