ADECOAGRO SA (AGRO) Stock Fundamental Analysis
USA - NYSE:AGRO - LU0584671464 - Common Stock
8.21 USD
+0.15 (+1.86%)
8.21 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to AGRO. AGRO was compared to 87 industry peers in the Food Products industry. AGRO has a medium profitability rating, but doesn't score so well on its financial health evaluation. AGRO has a valuation in line with the averages, but it does not seem to be growing.
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.
Each year in the past 5 years AGRO has been profitable.
Each year in the past 5 years AGRO had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AGRO (1.10%) is comparable to the rest of the industry.
AGRO's Return On Equity of 2.62% is in line compared to the rest of the industry. AGRO outperforms 43.68% of its industry peers.
The Return On Invested Capital of AGRO (0.90%) is comparable to the rest of the industry.
AGRO had an Average Return On Invested Capital over the past 3 years of 2.02%. This is significantly below the industry average of 28.25%.
| 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 in line with its industry peers.
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 45.98% of its industry peers.
AGRO's Operating Margin has declined in the last couple of years.
AGRO's Gross Margin of 18.66% is in line compared to the rest of the industry. AGRO outperforms 49.43% of its industry peers.
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.
AGRO has less shares outstanding than it did 5 years ago.
The debt/assets ratio for AGRO has been reduced compared to a year ago.
2.2 Solvency
AGRO has an Altman-Z score of 1.24. This is a bad value and indicates that AGRO is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of AGRO (1.24) is worse than 65.52% of its industry peers.
The Debt to FCF ratio of AGRO is 16.91, which is on the high side as it means it would take AGRO, 16.91 years of fcf income to pay off all of its debts.
AGRO has a Debt to FCF ratio of 16.91. This is comparable to the rest of the industry: AGRO outperforms 51.72% of its industry peers.
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 41.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 16.91 | ||
| Altman-Z | 1.24 |
ROIC/WACC0.23
WACC3.97%
2.3 Liquidity
AGRO has a Current Ratio of 1.90. This is a normal value and indicates that AGRO is financially healthy and should not expect problems in meeting its short term obligations.
AGRO has a better Current ratio (1.90) than 60.92% of its industry peers.
AGRO has a Quick Ratio of 1.90. This is a bad value and indicates that AGRO is not financially healthy enough and could expect problems in meeting its short term obligations.
AGRO has a Quick ratio (0.95) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The earnings per share for AGRO have decreased strongly by -82.43% in the last year.
AGRO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.45% yearly.
Looking at the last year, AGRO shows a quite strong growth in Revenue. The Revenue has grown by 17.51% in the last year.
AGRO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.89% yearly.
EPS 1Y (TTM)-82.43%
EPS 3Y-7.45%
EPS 5YN/A
EPS Q2Q%-289.25%
Revenue 1Y (TTM)17.51%
Revenue growth 3Y10.27%
Revenue growth 5Y10.89%
Sales Q2Q%-6.09%
3.2 Future
Based on estimates for the next years, AGRO will show a very negative growth in Earnings Per Share. The EPS will decrease by -12.58% on average per year.
Based on estimates for the next years, AGRO will show a decrease in Revenue. The Revenue will decrease by -2.74% on average per year.
EPS Next Y-92.22%
EPS Next 2Y-27.45%
EPS Next 3Y-12.58%
EPS Next 5YN/A
Revenue Next Year-5.12%
Revenue Next 2Y-2.28%
Revenue Next 3Y-2.74%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.47 indicates a rather expensive valuation of AGRO.
AGRO's Price/Earnings ratio is a bit cheaper when compared to the industry. AGRO is cheaper than 60.92% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.83. AGRO is valued slightly cheaper when compared to this.
AGRO is valuated correctly with a Price/Forward Earnings ratio of 14.00.
71.26% of the companies in the same industry are more expensive than AGRO, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AGRO to the average of the S&P500 Index (32.68), we can say AGRO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.47 | ||
| Fwd PE | 14 |
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 82.76% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AGRO is valued cheaper than 80.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.95 | ||
| EV/EBITDA | 5.88 |
4.3 Compensation for Growth
AGRO's earnings are expected to decrease with -12.58% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-27.45%
EPS Next 3Y-12.58%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.34%, AGRO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.19, AGRO pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, AGRO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
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-27.45%
EPS Next 3Y-12.58%
8.21
+0.15 (+1.86%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners23.48%
Inst Owner Change-13.57%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap821.57M
Revenue(TTM)1.54B
Net Income(TTM)35.95M
Analysts48
Price Target11.02 (34.23%)
Short Float %4.88%
Short Ratio2.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
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)0%
Revenue NQ rev (3m)-7.71%
Revenue NY rev (1m)4.47%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.47 | ||
| Fwd PE | 14 | ||
| P/S | 0.53 | ||
| P/FCF | 10.95 | ||
| P/OCF | 2.54 | ||
| P/B | 0.6 | ||
| P/tB | 0.62 | ||
| EV/EBITDA | 5.88 |
EPS(TTM)0.47
EY5.72%
EPS(NY)0.59
Fwd EY7.14%
FCF(TTM)0.75
FCFY9.13%
OCF(TTM)3.23
OCFY39.38%
SpS15.4
BVpS13.71
TBVpS13.33
PEG (NY)N/A
PEG (5Y)N/A
Graham Number12.04
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 | 1.24 |
F-Score6
WACC3.97%
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)-82.43%
EPS 3Y-7.45%
EPS 5YN/A
EPS Q2Q%-289.25%
EPS Next Y-92.22%
EPS Next 2Y-27.45%
EPS Next 3Y-12.58%
EPS Next 5YN/A
Revenue 1Y (TTM)17.51%
Revenue growth 3Y10.27%
Revenue growth 5Y10.89%
Sales Q2Q%-6.09%
Revenue Next Year-5.12%
Revenue Next 2Y-2.28%
Revenue Next 3Y-2.74%
Revenue Next 5YN/A
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 3 / 10 to AGRO.
What is the valuation status for AGRO stock?
ChartMill assigns a valuation rating of 5 / 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 17.47 and the Price/Book (PB) ratio is 0.6.
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%.