LivestockPackaging ServicesAnimal FeedHorticulturePet Food and SuppliesFast-Moving Consumer GoodsAgricultureFarming
Description
Scales Corporation Limited is a for-profit entity registered in New Zealand and is primarily engaged in horticulture, logistics, and the manufacturing and trading of food ingredients. The company operates various subsidiaries that are involved in gro…
Analysis
Middle-of-the-road
Scales Corporation Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is attractive. The owner-earnings multiple stands at 8.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -5% a year, against analyst forecasts of 2%. The price, in other words, assumes less than the experts do.
Growth is solid; the safety picture is adequate. The company scores 20/20 on our value-creation score: strong value creator.
Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202379
27
2023202420252026
All-time high
89
Mar 2024
All-time low
27
Jun 2026
Average rank
62
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
37
27
40
23
Price/Earnings
17
34
56
11
Price/Book
17
34
55
29
Dividend Yield
83
88
96
83
Value (overall)
17
45
55
51
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.