ADECOAGRO SA (AGRO) Stock Fundamental Analysis
USA - NYSE:AGRO - LU0584671464 - Common Stock
7.67 USD
+0.03 (+0.39%)
7.75 USD
+0.08 (+1.04%)
AGRO gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 86 industry peers in the Food Products industry. There are concerns on the financial health of AGRO while its profitability can be described as average. AGRO has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
AGRO had positive earnings in the past year.
AGRO had a positive operating cash flow in the past year.
In the past 5 years AGRO has always been profitable.
AGRO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AGRO has a Return On Assets (1.10%) which is in line with its industry peers.
AGRO has a Return On Equity (2.62%) which is comparable to the rest of the industry.
AGRO has a Return On Invested Capital (0.90%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AGRO is significantly below the industry average of 29.14%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 2.62% | ||
| ROIC | 0.9% |
ROA(3y)4.53%
ROA(5y)3.73%
ROE(3y)11.58%
ROE(5y)9.54%
ROIC(3y)2.02%
ROIC(5y)2.16%
1.3 Margins
AGRO has a Profit Margin (2.33%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AGRO has declined.
AGRO has a Operating Margin of 2.16%. This is comparable to the rest of the industry: AGRO outperforms 46.51% of its industry peers.
In the last couple of years the Operating Margin of AGRO has declined.
With a Gross Margin value of 18.66%, AGRO perfoms like the industry average, outperforming 48.84% of the companies in the same industry.
AGRO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.16% | ||
| PM (TTM) | 2.33% | ||
| GM | 18.66% |
OM growth 3Y-13.04%
OM growth 5Y-6.66%
PM growth 3Y-19.23%
PM growth 5YN/A
GM growth 3Y-5.34%
GM growth 5Y-4.39%
2. Health
2.1 Basic Checks
AGRO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
AGRO has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, AGRO has less shares outstanding
The debt/assets ratio for AGRO has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.22, we must say that AGRO is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of AGRO (1.22) is worse than 66.28% of its industry peers.
AGRO has a debt to FCF ratio of 16.91. This is a negative value and a sign of low solvency as AGRO would need 16.91 years to pay back of all of its debts.
AGRO has a Debt to FCF ratio (16.91) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.73 indicates that AGRO is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.73, AGRO perfoms like the industry average, outperforming 40.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 16.91 | ||
| Altman-Z | 1.22 |
ROIC/WACC0.23
WACC3.88%
2.3 Liquidity
A Current Ratio of 1.90 indicates that AGRO should not have too much problems paying its short term obligations.
The Current ratio of AGRO (1.90) is better than 62.79% of its industry peers.
A Quick Ratio of 0.95 indicates that AGRO may have some problems paying its short term obligations.
AGRO has a Quick ratio (0.95) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 114.82% over the past year.
Looking at the last year, AGRO shows a decrease in Revenue. The Revenue has decreased by -1.86% in the last year.
The Revenue has been growing by 10.42% on average over the past years. This is quite good.
EPS 1Y (TTM)114.82%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-7.14%
Revenue 1Y (TTM)-1.86%
Revenue growth 3Y16.4%
Revenue growth 5Y10.42%
Sales Q2Q%-35.48%
3.2 Future
The Earnings Per Share is expected to decrease by -12.67% on average over the next years. This is quite bad
AGRO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.12% yearly.
EPS Next Y-12.94%
EPS Next 2Y-73.97%
EPS Next 3Y-22.91%
EPS Next 5Y-12.67%
Revenue Next Year13.64%
Revenue Next 2Y3.83%
Revenue Next 3Y2.76%
Revenue Next 5Y1.12%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.04 indicates a rather expensive valuation of AGRO.
Based on the Price/Earnings ratio, AGRO is valued a bit cheaper than 60.47% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, AGRO is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 88.47, the valuation of AGRO can be described as expensive.
AGRO's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, AGRO is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.04 | ||
| Fwd PE | 88.47 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AGRO indicates a rather cheap valuation: AGRO is cheaper than 83.72% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AGRO is valued cheaper than 84.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.23 | ||
| EV/EBITDA | 5.74 |
4.3 Compensation for Growth
AGRO's earnings are expected to decrease with -22.91% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-73.97%
EPS Next 3Y-22.91%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.58%, AGRO is a good candidate for dividend investing.
AGRO's Dividend Yield is rather good when compared to the industry average which is at 5.22. AGRO pays more dividend than 81.40% of the companies in the same industry.
AGRO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.58% |
5.2 History
AGRO has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
97.37% of the earnings are spent on dividend by AGRO. This is not a sustainable payout ratio.
DP97.37%
EPS Next 2Y-73.97%
EPS Next 3Y-22.91%
7.67
+0.03 (+0.39%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners23.48%
Inst Owner Change-13.93%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap767.54M
Revenue(TTM)1.30B
Net Income(TTM)35.95M
Analysts48
Price Target11.02 (43.68%)
Short Float %4.88%
Short Ratio2.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.58% |
Yearly Dividend0.34
Dividend Growth(5Y)N/A
DP97.37%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-97.2%
Min EPS beat(2)-152.79%
Max EPS beat(2)-41.61%
EPS beat(4)0
Avg EPS beat(4)-64.14%
Min EPS beat(4)-152.79%
Max EPS beat(4)-1.96%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-6.33%
Min Revenue beat(2)-9.25%
Max Revenue beat(2)-3.41%
Revenue beat(4)0
Avg Revenue beat(4)-3.4%
Min Revenue beat(4)-9.25%
Max Revenue beat(4)-0.44%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-2.35%
PT rev (3m)-5.1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-81.82%
EPS NY rev (1m)0%
EPS NY rev (3m)-86.61%
Revenue NQ rev (1m)-7.92%
Revenue NQ rev (3m)-15.02%
Revenue NY rev (1m)4.47%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.04 | ||
| Fwd PE | 88.47 | ||
| P/S | 0.5 | ||
| P/FCF | 10.23 | ||
| P/OCF | 2.37 | ||
| P/B | 0.56 | ||
| P/tB | 0.58 | ||
| EV/EBITDA | 5.74 |
EPS(TTM)0.45
EY5.87%
EPS(NY)0.09
Fwd EY1.13%
FCF(TTM)0.75
FCFY9.78%
OCF(TTM)3.23
OCFY42.16%
SpS15.4
BVpS13.71
TBVpS13.33
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 2.62% | ||
| ROCE | 1.21% | ||
| ROIC | 0.9% | ||
| ROICexc | 0.96% | ||
| ROICexgc | 0.98% | ||
| OM | 2.16% | ||
| PM (TTM) | 2.33% | ||
| GM | 18.66% | ||
| FCFM | 4.87% |
ROA(3y)4.53%
ROA(5y)3.73%
ROE(3y)11.58%
ROE(5y)9.54%
ROIC(3y)2.02%
ROIC(5y)2.16%
ROICexc(3y)2.33%
ROICexc(5y)2.54%
ROICexgc(3y)2.36%
ROICexgc(5y)2.57%
ROCE(3y)2.73%
ROCE(5y)2.93%
ROICexgc growth 3Y-15.11%
ROICexgc growth 5Y-3.51%
ROICexc growth 3Y-15.02%
ROICexc growth 5Y-3.43%
OM growth 3Y-13.04%
OM growth 5Y-6.66%
PM growth 3Y-19.23%
PM growth 5YN/A
GM growth 3Y-5.34%
GM growth 5Y-4.39%
F-Score6
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 16.91 | ||
| Debt/EBITDA | 3.27 | ||
| Cap/Depr | 91.38% | ||
| Cap/Sales | 16.13% | ||
| Interest Coverage | 0.77 | ||
| Cash Conversion | 106.01% | ||
| Profit Quality | 208.74% | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 1.22 |
F-Score6
WACC3.88%
ROIC/WACC0.23
Cap/Depr(3y)88.64%
Cap/Depr(5y)92.09%
Cap/Sales(3y)17.92%
Cap/Sales(5y)18.87%
Profit Quality(3y)94.78%
Profit Quality(5y)4082.63%
High Growth Momentum
Growth
EPS 1Y (TTM)114.82%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-7.14%
EPS Next Y-12.94%
EPS Next 2Y-73.97%
EPS Next 3Y-22.91%
EPS Next 5Y-12.67%
Revenue 1Y (TTM)-1.86%
Revenue growth 3Y16.4%
Revenue growth 5Y10.42%
Sales Q2Q%-35.48%
Revenue Next Year13.64%
Revenue Next 2Y3.83%
Revenue Next 3Y2.76%
Revenue Next 5Y1.12%
EBIT growth 1Y-57.71%
EBIT growth 3Y-4.1%
EBIT growth 5Y3.51%
EBIT Next Year35.2%
EBIT Next 3Y20.59%
EBIT Next 5YN/A
FCF growth 1Y-40.96%
FCF growth 3Y-21.76%
FCF growth 5Y2.99%
OCF growth 1Y-10.49%
OCF growth 3Y-1.99%
OCF growth 5Y0.38%
ADECOAGRO SA / AGRO FAQ
What is the fundamental rating for AGRO stock?
ChartMill assigns a fundamental rating of 4 / 10 to AGRO.
What is the valuation status for AGRO stock?
ChartMill assigns a valuation rating of 4 / 10 to ADECOAGRO SA (AGRO). This can be considered as Fairly Valued.
Can you provide the profitability details for ADECOAGRO SA?
ADECOAGRO SA (AGRO) has a profitability rating of 4 / 10.
What is the valuation of ADECOAGRO SA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ADECOAGRO SA (AGRO) is 17.04 and the Price/Book (PB) ratio is 0.56.
Can you provide the dividend sustainability for AGRO stock?
The dividend rating of ADECOAGRO SA (AGRO) is 4 / 10 and the dividend payout ratio is 97.37%.