Seneca Foods Corp. Class A Common Stock (SENEA)

FairStock Score: 76/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the 2026-10-26 close of $157.50, Seneca Foods looks like a classic Graham situation: unglamorous, asset-backed, and statistically cheap. FairStock calculates a 9.10 P/E, 1.38 P/B, 6.24 EV/EBITDA, and a 21.3% FCF yield on $229.5 million of trailing free cash flow. Its Graham Number of $211.06 implies about 24.87% margin of safety. The balance sheet is not stretched, with debt-to-equity of 0.31, an Altman Z-Score of 3.25, and a Piotroski F-Score of 7/9. But quality is mixed. FairStock ROE is 16.82% while ROCE is only 8.28%, suggesting a capital-intensive, competitive packaged-foods processor rather than a pricing-power franchise. The product line—canned and frozen vegetables, private label, and licensed brands such as Green Giant and Libby’s—gives scale and shelf presence, but not a wide moat. Growth has been uneven. In fiscal Q1 2026, the quarter ended 2026-06-27, revenue was $405.2 million and net income $19.5 million, or $2.85 per diluted share; that compares with revenue of $297.5 million, net income $14.9 million, and $2.14 per diluted share in fiscal Q1 2025, the quarter ended 2025-06-28. Yet filed annual results show net income of $9.2 million in fiscal 2022 (year ended 2023-03-31), $63.3 million in fiscal 2023 (year ended 2024-03-31), and $41.2 million in fiscal 2024 (year ended 2025-03-31), so the trend is cyclical, not smooth. FairStock’s Lynch category is SLOW GROWER — Shrinking, with profit down 4.7% a year over five years and revenue up 3.4%. I would call it cheap but not high quality; the discount is deserved unless cash flow and margins persist.

In plain English: Seneca Foods packs and sells canned and frozen fruits and vegetables, often under store brands and some company-owned or licensed labels. The business looks financially solid, with low debt and strong cash generation, and the stock looks inexpensive compared with recent profits and the company's net worth. But profits have been uneven over the years, so it looks more like a cheap, slow-moving food company than a growing one.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2026 10-Q (period ended 2026-06-27) · fiscal Q3 2025 10-Q (period ended 2025-12-27) · fiscal Q2 2025 10-Q (period ended 2025-09-27) · fiscal Q1 2025 10-Q (period ended 2025-06-28) · FY2024 10-K (period ended 2025-03-31) · FY2023 10-K (period ended 2024-03-31) · FY2022 10-K (period ended 2023-03-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer