Start here if you're new
what it is
Seneca packs and sells canned, frozen, and jarred fruits and vegetables for grocery stores, foodservice buyers, and government programs.
how it gets paid
Last year Seneb made $1.6B in revenue. canned vegetables was the main engine at $0.72B, or 45% of sales.
why it's growing
Revenue grew 8.2% last year. EDGAR shows Revenue up 149% vs. prior year and EPS up 99%.
what just happened
Revenue jumped to $1.3B, while EPS hit $12.89 in a surge versus the prior year.
At a glance
B balance sheet — gets the job done, barely
20/100 earnings predictability — expect surprises
13.3x trailing p/e — the market's not buying it — or you found a deal
6.3% return on capital — nothing to write home about
$5.90 fy2024 eps est
xvary composite: 52/100 — below average
What they do
Seneca packs and sells canned, frozen, and jarred fruits and vegetables for grocery stores, foodservice buyers, and government programs.
This is a scale business hiding in the canned aisle. Seneca sources from about 1,100 American farms, so your grocery shelf stays full while smaller rivals scramble for supply. Private label → store-brand food → retailers care about price and reliability, so what: that network matters more than flashy branding when you are moving $1.6 billion of staples.
How they make money
$1.6B
annual revenue · their business grew +8.2% last year
canned vegetables
$0.72B
canned fruits
$0.29B
frozen vegetables
$0.26B
jarred produce
$0.18B
snack chips and other
$0.15B
The products that matter
canned vegetables and fruits
Libby’s®
brand asset · mature category
It matters because shelf presence still matters in canned food, but the snapshot gives you no revenue split here. That tells you the brand exists, not that it drives the economics.
brand presence
frozen and canned vegetables
Green Giant®
licensed brand · cost-driven
This sits inside a $2.0B revenue business with just 12.6% gross margin. In plain English: the name helps on the shelf, but margins say cost still runs the show.
licensed brand
store-brand packaged foods
Private Label
core volume driver
This is likely where most of the business lives, and it explains the 5.6% net margin. Private label wins on price and execution, not on customers falling in love with the logo.
margin pressure
Key numbers
13.3x
trailing p/e
You are paying 13.3 times earnings for a food staples business, which is cheap versus the market if the earnings hold.
$1.6B
annual revenue
This is a large revenue base for a company worth only about $214M, which is the core mismatch in the stock.
7.6%
operating margin
Operating margin → profit after running the business → so what: Seneca does not have much room for bad harvests or retailer pressure.
$276M
long-term debt
Debt exceeds the company's market cap, so the balance sheet matters more here than the ticker price suggests.
Financial health
B
strength
- balance sheet grade B — adequate — nothing special
- risk rank 3 — safer than 50% of stocks
- price stability 50 / 100
- long-term debt $276M (56% of capital)
B — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for SENEB right now.
source: institutional data · return history unavailable
What just happened
beat estimates
Revenue jumped to $1.3B, while EPS hit $12.89 in a surge versus the prior year.
EDGAR shows latest-quarter revenue up 149% vs. prior year and EPS up 99%. That kind of jump is massive for a canned-food company, which is exactly why you should treat quarter-to-quarter numbers here with caution.
$1.3B
revenue
$12.89
eps
12.57%
gross margin
the number that mattered
The number that mattered was $1.3B in quarterly revenue, because that is roughly 81% of the company's entire trailing annual sales base of $1.6B.
source: company earnings report, 2026
Get this snapshot in your inbox
This page, delivered free — plus weekly updates when the numbers change. plain english, no spam.
weekly updates
earnings alerts
plain english
no spam
What could go wrong
the #1 risk is crop and packaging cost inflation against a 12.6% gross margin.
high
Crop and packaging cost inflation
Gross margin is only 12.6%. A 10% rise in produce or packaging costs would take a real bite out of profitability and directly pressure the 5.6% net margin.
most of the earnings volatility starts here
med
Private-label customer pressure
When you supply store brands, retailers usually hold the negotiating leverage. Losing a major customer or conceding price can hit a meaningful share of a $2.0B revenue base.
thin margins leave little room to absorb price concessions
med
LIFO accounting noise
Seneca uses LIFO inventory accounting. In periods of rising costs, reported earnings can look weaker than underlying operations, which makes already low predictability even harder to read.
reported earnings can send mixed signals
med
Leverage limits flexibility
The company has $33.3M in cash against $276M in long-term debt, with debt at 56% of capital. That is manageable in an okay year. In a squeezed-margin year, it matters a lot more.
less room for mistakes, buybacks, or aggressive reinvestment
A business keeping 5.6 cents on the dollar does not need a crisis to miss expectations. It needs a bad cost season.
source: institutional data · regulatory filings · risk analysis
Pay attention to
metric
gross margin
12.6% is the number carrying the whole story. If that slips, the quarter can look very different even without a revenue collapse.
calendar
next quarterly report
The next earnings release is the clearest read on whether recent cost relief was temporary or the start of a cleaner margin setup.
risk
usda crop and produce data
Monthly agricultural price updates matter more here than flashy product launches ever will. This is a farm-to-margin story.
trend
whether eps keeps outrunning sales
If earnings stay strong while sales stay ordinary, cost relief is still doing the heavy lifting. That can work for a while. It rarely works forever.
Analyst rankings
earnings predictability
20 / 100
A 20/100 predictability score means quarterly results have not been stable. In human-speak, analysts do not trust this business to deliver clean, repeatable numbers.
risk rank
3
Risk rank 3 means this sits around the middle of the pack on overall stock risk. Not a bunker stock, not a casino chip.
source: institutional data
Institutional activity
institutional ownership data for SENEB is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$114
current price
n/a
target midpoint · n/a from current
Want the deeper analysis?
The full deep dive: dcf model, scenario analysis, competitive moat breakdown, and quarterly tracking — everything on this page, taken further.
see plans from $5/moThe deep dive