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Sucro Limited (SUGR) Fair Value & Analysis

Consumer Defensive · CA · Market cap C$229M

SL Sucro Limited SUGR · V
PriceC$9.96
Fair ValueC$29.31
Upside+194.3%
Quality39/100
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Mixed Growth
Thin margins · 5.1% net margin
Low debt · generates free cash flow
Ranks above peers (9/13)
Moderate moat 45/100
Evidence: High Range C$21.98 – C$36.64 Share as image

Fair value as of: Jul 5, 2026

From 21 valuation models · updated 36 days ago

Fair value updated Jul 5, 2026, revised from C$61.98 to C$29.31 (−52.7%) since Jun 25, 2026. Share price −10.1% over the past month.

Below-average quality, screening 194% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (39/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (C$21.98). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

C$13.77 C$0.0792 Fair Value C$29.31 Jun 2010 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 5, 2026.

How to read this chart

60‑month range C$0.0792 – C$13.77 · fair‑value band C$21.98 – C$36.64 · the C$9.96 price screens below the C$29.31 fair value. Dashed = 300-day average. As of Jul 5, 2026.

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Analysis

Sucro Limited (SUGR) currently trades at C$9.96, while our model-based Fair Value estimate is C$29.31, implying the stock looks roughly 194.3% undervalued today. The Quality Score stands at 39/100 (below-average quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Sucro Limited generated revenue of C$662M at a net margin of 5.1%. Revenue declined 4.2% year over year. It earns a return on equity of 17.2%. Net debt stands at C$328M. Fundamentals as of Jul 5, 2026

Our scenario range runs from C$21.98 (bear case) to C$36.64 (bull case); at C$9.96, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 28% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -45% fair-value upside, at 194%, SUGR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income C$8.75 C$11.57 C$30.45 76
ROIC Compounder C$14.24 C$20.06 C$23.86 72
Growth-Adj P/E C$54.81 C$78.30 C$101.79 68
All 21 models by family
DCF Models
Owner Earnings C$1.98 31
5Y Revenue Exit C$11.88 C$27.10 C$59.28 39
5Y EBITDA Exit C$15.66 C$34.74 C$72.28 41
5Y P/E Exit C$14.96 C$43.20 C$82.60 38
10Y Revenue Exit C$5.82 C$24.84 C$39.38 36
10Y EBITDA Exit C$8.90 C$31.78 C$74.10 37
10Y P/E Exit C$8.46 C$30.48 C$68.50 35
Earnings-Based
Graham-Dodd C$11.46 C$79.93 C$112.16 54
Lynch FV C$41.29 C$58.99 C$76.69 50
PEG = 1.0 C$41.29 C$58.99 C$76.69 46
EPV C$11.82 C$13.64 C$15.12 59
Multiples
P/E Multiple C$27.81 C$37.08 C$46.35 63
P/S Multiple C$21.49 C$28.65 C$35.81 58
P/B Multiple C$21.49 C$28.65 C$35.81 55
EV/EBIT C$26.76 C$36.80 C$46.85 53
EV/EBITDA C$25.52 C$35.16 C$44.79 54
EV/Revenue C$18.13 C$27.35 C$36.57 43
Asset-Based
NCAV (Graham) C$4.39 C$5.89 C$8.79 50
Economic Profit
Residual Income C$8.75 C$11.57 C$30.45 76
ROIC Compounder C$14.24 C$20.06 C$23.86 72
Growth Earnings
Growth-Adj P/E C$54.81 C$78.30 C$101.79 68

Widest divergence: Growth Earnings (C$78.30) versus Asset-Based (C$5.89). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) C$662M
Revenue growth (YoY) -4.2%
Net margin 5.1%
Return on equity 17.2%
Free cash flow C$2.1M FY2025
P/E ratio 5.1
More key figures
Operating margin 8.6%
EPS (TTM) C$1.85
EPS growth (YoY) -56.0%
Net debt C$328M FY2025

Figures from reported company fundamentals · as of Jul 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 39 · Market factors (momentum, volatility) 29

Profitability 49
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 26
Balance sheet, leverage, solvency risk
Investment 24
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 13
Distance to the 52-week high (market factor)
Net Issuance 70
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Sucro Limited operates as wholesale sugar merchant in North America. The company operates in two segments, Trade and Services. The Trade segment focuses on sourcing, merchandising, and managing logistics of sugar.

Full company description

Sucro Limited operates as wholesale sugar merchant in North America. The company operates in two segments, Trade and Services. The Trade segment focuses on sourcing, merchandising, and managing logistics of sugar. The Services segment provides tolling, such as refining, processing, handling, packaging, and quality assurance; and storage, and other services to the Trade segment. It also provides administrative, real estate, and storage and broker services; and operates as a sugar processor. The company serves wholesalers and food and beverage manufacturers. Sucro Limited was founded in 2014 and is headquartered in Miami, Florida. Sucro Limited operates as a subsidiary of SC Americas Corp.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sucro Limited reported revenue of C$669M in FY2025 versus C$270M in FY2021, a compound +25.4%/yr. Reported net income was C$40.5M in FY2025, compounding +21.8%/yr from FY2021.

Growth Quality 65/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
C$669M
Latest YoY
+2.1%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+338.4%
Avg. growth/yr (10Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+72.2%
Revenue +25.4%/yr
FY21 C$270M
FY22 C$439M
FY23 C$497M
FY24 C$655M
FY25 C$669M
Net income +21.8%/yr
FY21 C$18.4M
FY22 C$37.7M
FY23 C$16.8M
FY24 C$23.4M
FY25 C$40.5M

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Cite: Fair Value Calculator (2026). "Sucro Limited Fair Value". https://www.fairvalue-calculator.com/stock/SUGR

Peer Group

Confectioners · 75 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 39 · Bottom 25%
Fair Value upside +194% · Top 25%
Return on equity (TTM) 17% · Top 25%
Return on assets 4% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth -4% · Below median
Debt / equity 0.43× · Higher than median

Valuation Multiples vs Confectioners median · lower = cheaper

P/E (TTM) 5.1× · Cheaper than 75% of peers
P/B 0.78× · Cheaper than median
P/S (TTM) 0.25× · Cheaper than median
P/FCF 78.2× · Pricier than 75% of peers
EV/EBITDA 4.4× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 26
FUTURE 0 · sector 0
PAST 69 · sector 26
HEALTH 79 · sector 91
DIVIDEND 0 · sector 57

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Confectioners stocks, each showing price versus our Fair Value estimate (as of Jul 5, 2026).

Stock Price Fair Value vs Fair Value
Chocoladefabriken Lindt & Sprüngli AG LISN CHF 96,500 CHF 9,874 -90%
Mondelez International, Inc MDLZ $61.00 $27.68 -55%
The Hershey Company HSY $170.27 $91.25 -46%
Barry Callebaut AG BARN CHF 1,100 CHF 711.91 -35%
ORION Corp 271560 127,100 KRW 203,315 KRW +60%
Tootsie Roll Industries, Inc TROLB $39.50 $21.81 -45%
Guangxi Yuegui Guangye Holdings 000833 ¥18.81 ¥9.83 -48%
Cloetta AB CLAB kr 48.88 kr 59.12 +21%
Balrampur Chini Mills Limited BALRAMCHIN ₹586.20 ₹304.54 -48%
PT Yupi Indo Jelly Gum Tbk YUPI 1,320 IDR 1,286 IDR -3%

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Frequently asked questions

Is Sucro Limited (SUGR) overvalued or undervalued?
As of Jul 5, 2026, our model estimates a fair value of C$29.31 versus a price of C$9.96, about +194% (undervalued).
What is the fair value of SUGR?
Our model-based fair value for Sucro Limited is C$29.31 (as of Jul 5, 2026), built from audited fundamentals. The current price is C$9.96.
What is the quality score of SUGR?
Sucro Limited has a Quality Score of 39/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Sucro Limited (SUGR)?
Sucro Limited reported trailing-twelve-month revenue of about C$662M (latest available figure, as of Jul 5, 2026).
What is the net profit margin of SUGR?
The net profit margin of Sucro Limited is about 5.1%, meaning it keeps roughly 5.1% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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