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← CockpitCompetitor Analysis › SEB Seaboard CorporationOpen in the cockpit ↗

Seaboard CorporationSEBCompetitor analysis, valuation and peers

United States · USD·Consumer Staples›Agricultural Commodities/Milling

Diversified agribusiness and shipping conglomerate spanning pork production, grain trading, ocean transportation and overseas milling.

Momentum weak 23
Mkt cap
$3.38B
US dollars, full cap
Free float
25%
of shares outstanding
$/day
$50.3M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-2.0 pp
WACC 6.0%
Hurdle
n/a
no reverse DCF
Close · USD$3,528
1D+3.3%
1W-9.3%
1M-13.2%
3M-16.8%
6M-22.3%
YTD-20.6%
1Y-4.2%
ATR %4.3%
Beta-0.08
52w lowhigh41.1% off high

What Seaboard does

Diversified agribusiness and shipping conglomerate spanning pork production, grain trading, ocean transportation and overseas milling.

Is a collection of separate businesses rather than one product: pork production, a container-shipping line serving Latin America, the Caribbean and Africa, and grain trading and milling in emerging markets, each with its own cycle, so results swing between them. The Bresky family controls the company.

Products and services

  • Pork production/processing
  • Grain trading/processing
  • Ocean cargo shipping
  • Flour/sugar milling (Africa/South America)

Customers

  • Food processors/retailers
  • Grain/commodity buyers globally

Where it sits in the supply chain

  • Consumer staples
  • Diversified agribusiness
  • Pork, grain trading, shipping, milling

What could go right

  • Global grain/protein trade volume growth

What could go wrong

  • Commodity price cyclicality
  • Currency/emerging-market exposure

Moat: narrow (scale, distribution). Vertically integrated agribusiness with its own shipping fleet gives cost/logistics advantages.

Headquarters: Shawnee Mission, Kansas, US · Founded: 1918 · Employees: 14,000

Named competitors

Seaboard at a glance

Size Seaboard (SEB) is a United States Consumer Staples company (Agricultural Commodities/Milling) with a market value of $3.38B, the 1464th largest of 3,117 United States companies the cockpit tracks. Shares closed at $3,528 on 6 Nov 2026.

Performance Over six months the shares fell 22.3%, against -12.9% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue grew 7.0% over the last twelve months (peer median +8.1%); the operating margin is 3.0% (peer median 5.0%).

Valuation It trades at 0.4× enterprise value to sales against a peer median of 1.1× (2nd cheapest of 21).

Capital Return on invested capital runs 2.0 points below its cost of capital (6.0% WACC).

Short interest Short interest is 2.1% of the free float (15 Oct 2026).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 87SEB 77
Six months, rebased to 100: Seaboard against the median of its 20 peers (local-currency closes).

Seaboard financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$10.5B$9.75B$9.10B$9.56B$11.2B
Revenue growth—+7%-5%-15%—
Gross profit$799M$699M$632M$328M$1.09B
EBITDA$642M$563M$523M$208M$954M
Net income$553M$496M$88.0M$226M$580M
Free cash flow-$10.0M$6.00M$8.00M$204M$202M
Capital expenditure$434M$562M$511M$506M$474M
Total debt$2.05B$1.92B$1.81B$1.82B$1.83B

Quarterly statements and history in the cockpit →

Seaboard competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%-20%0%GODREJIND2871002299EB5EBRO600598CALM300972300761SCHO6007372002002157E5HLOUP605296CURA2607000876PATANJALISEB6-month return →1-month return →
Up and to the right = strong over both horizons. Seaboard is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%1×2×3×GODREJIND2871002299EB5EBRO600598CALM300972SCHO6007372002002157E5HLOUP605296CURA000876PATANJALISEBRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Seaboard is the large dot.

Seaboard competitors and peer comparison

Head to head with its named competitors (SEB vs TSN vs ADM vs BG)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Seaboard SEB$3.38B-22%+7%3%0.4×n/a
Tyson Foods TSN$20.6B-13%+3%3%0.5×6.7%
Archer Daniels Midland ADM$33.3B-9%+1%3%0.5×8.0%
Bunge Global BG$19.0B-20%+55%4%0.4×n/a

How Seaboard compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Seaboard against its 20 peers (data as of 6 Nov 2026)
MeasureSEBPeer medianRank in peer set
1-month return-13.2%+3.1%5th lowest of 21
6-month return-22.3%-12.9%3rd lowest of 21
Distance from 52-week high-41.1%-24.0%3rd lowest of 21
Revenue growth (TTM)+7.0%+8.1%9th lowest of 21
Operating margin3.0%5.0%6th lowest of 21
EV / Sales0.4×1.1×2nd cheapest of 21
ROIC minus cost of capital-2.0 pp+1.1 pp7th lowest of 21
EV / EBITDA6.2×8.4×4th cheapest of 12
Net debt / EBITDA0.9×1.0×6th least indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Seaboard SEBUnited States$3.38B-22%+7%3%0.4×n/an/a
Godrej Industries GODREJIND.NSIndia$3.41B-22%+17%8%1.4×n/an/a
Nichirei 2871.TJapan$3.42B+13%+10%5%0.8×2.4%+4.6%
Fujian Sunner Development 002299.SZChina$3.28B-7%+13%5%1.3×-1.0%+7.9%
First Resources Ltd. (Singapore) EB5.SISingapore$3.27B-26%+51%30%2.1×-7.1%+19.0%
Ebro Foods EBRO.MCSpain$3.12B+1%-4%10%1.1×-7.7%+4.4%
Heilongjiang Agriculture 600598.SSChina$3.66B-18%-12%24%4.6×n/an/a
Cal-Maine Foods CALMUnited States$3.02B-15%-43%1%0.9×n/an/a
Fujian Wanchen Food 300972.SZChina$3.86B-43%+46%7%0.3×-18.7%+157.9%
Jiangsu Lihua Animal Husbandry 300761.SZChina$2.94B+2%+7%3%1.1×4.0%+16.8%
Schouw & SCHO.CODenmark$2.90B+30%-1%4%0.7×-3.3%+9.9%
Cofco Sugar 600737.SSChina$3.94B-18%-29%6%1.4×n/an/a
Nisshin Seifun 2002.TJapan$3.94B+14%+3%5%0.7×-1.1%+4.9%
Jiangxi Zhengbang Technology 002157.SZChina$3.97B-17%+15%-10%1.6×n/an/a
Golden Agri-Resources E5H.SISingapore$2.68B-18%+9%6%0.4×-13.7%+11.6%
Ldc LOUP.PAFrance$4.35B-6%+15%6%0.5×-7.7%+10.5%
Yunnan Shennong Agricultural Industry 605296.SSChina$2.60B+10%+2%-19%3.4×n/an/a
Curaleaf CURA.TOCanada$2.50B-18%+5%1%2.6×n/an/a
Fuji Oil 2607.TJapan$2.46B+36%+10%5%0.8×0.9%+16.2%
New Hope Liuhe 000876.SZChina$4.71B-19%+7%-3%0.9×n/an/a
Patanjali Foods PATANJALI.NSIndia$4.75B-11%+19%4%1.1×n/an/a

Questions

Who are Seaboard's main competitors?
Named competitors: Tyson Foods (TSN), Archer-Daniels-Midland (ADM), Bunge Global (BG). The cockpit's measured peer set (industry) also includes Godrej Industries (GODREJIND.NS), Nichirei (2871.T), Fujian Sunner Development (002299.SZ), First Resources Ltd. (Singapore) (EB5.SI), Ebro Foods (EBRO.MC), Heilongjiang Agriculture (600598.SS).
Is Seaboard expensive compared with its peers?
On ev / sales it trades at 0.4× against a peer median of 1.1×, 2nd cheapest of 21 in its peer set.
How has Seaboard stock performed?
Over six months to 6 Nov 2026 the shares returned -22.3% against -12.9% for the median peer; over one year -4.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.