Added to YB: 2025-08-11
Pitch date: 2025-08-08
SHV.AX [bullish]
Select Harvests Limited
+1.09%
current return
Author Info
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Company Info
Select Harvests Limited engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.
Market Cap
AUD 507.3M
Pitch Price
AUD 3.67
Price Target
N/A
Dividend
N/A
Sector
Food Products
Category
value
Select Harvests (SHV:ASX)
SHV.AX: Sole pure-play listed almond producer globally, priced at 2.4x normalized P/FCF. California supplies 76% of global almonds, but faces SGMA water restrictions through 2040. 52-61% of world supply from critically overdrafted basins. Expect 24% global acreage reduction, driving prices to $13.73 AUD/kg, generating 41.3% FCF yield on normalized 29,000MT production.
Read full article (19 min)