# Seaboard Corporation (SEB) fundamentals

Data as of 2026-11-04. AMEX, United States. Sector: Industrials / Conglomerates. Price $3410.25, market value $3.3 billion.

## Valuation
- **P/E (trailing): 5.2×** (5-yr avg 13.7×, 3-yr avg 17.6×). Seaboard Corporation trades at 5.2× trailing earnings, well below its own five-year average of 13.7×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.6×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 6.1×**. Enterprise value is 6.1× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -0.7%** (5-yr avg 0.4%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 19.3%**. The inverse of the P/E: 19.3% of the price is earned each year.

## Profitability
- **Gross margin: 8.1%**. Seaboard Corporation keeps 8.1% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 3.4%**. 3.4% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 5.1%**. 5.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.6%**. 9.6% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 4.5%**. Return on all capital, debt included, is 4.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 7.7%**. Each dollar of assets produces 7.7% of profit.

## Growth
- **Revenue growth (1 yr): 7.1%** (3-yr -4.7%/yr, 5-yr 6.5%/yr). Revenue grew 7.1% over the last year, against 6.5% a year compounded over five years.
- **EPS growth (1 yr): 467.7%** (3-yr 1.0%/yr, 5-yr 16.1%/yr). Earnings per share rose 467.7%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -69.0%/yr**. Free cash flow has compounded at -69.0% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.19**. Debt is 0.19 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.2×**. It would take 1.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 2.40** (quick 2.40). Current assets cover the next year's liabilities 2.40 times.
- **Altman Z-score: 3.12**. A Z-score of 3.12 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 0.26%** ($9.00 per share, trailing). Seaboard Corporation yields 0.26%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 2%**. 2% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 9**. 9 straight years of increases.
- **Dividend growth (5 yr): 0.0%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): -5.1%** (YTD -23.2%, 3-mo -22.4%). The shares are down 5.1% over twelve months including dividends.
- **From 52-week high: -43.1%** (0.0% above the low). Trading 43% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 23**. An RSI of 23 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): -0.11** (volatility 37%). Beta of -0.11 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SEB · Page: https://foliofundamentals.com/stocks/seb

Not investment advice.
