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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: S. maltophilia who wrote (74231)11/12/2023 1:07:26 AM
From: bruwin  Read Replies (1) | Respond to of 78750
 
" ... are characteristic of their business. Canned veggies aren't a high margin item"
Yes, indeed, these types of businesses generally have very slim margins as they face up to their competitors, leaving not that much Revenue reaching their Bottom Lines which doesn't add that much to their Balance Sheets. Personally I don't invest in them.

In SENEA's case what makes matters worse is their Debt. Only about 5% of its Revenue has reached its EBITDA level. That is then further reduced by about 32% due to its Debt Expense.
At the end of the day its Net Profit is 2.4%, so it's not surprising that shareholders get no Dividend .....

It looks like its average Price range is between about $45 and $60 .......