AGRO:NYE-Adecoagro S.A (USD)

COMMON STOCK | Farm Products | NYE

Last Closing Price

USD 4.26

Change

0.00 (0.00)%

Market Cap

USD 0.50B

Volume

0.14M

Average Target Price

N/A
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Adecoagro S.A., an agro-industrial company, engages in farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production, and land transformation activities in South America. The company is involved in the planting, harvesting, and sale of grains and oilseeds, as well as fibers, including wheat, corn, soybeans, cotton, sunflowers, and other; provision of grain warehousing/conditioning, handling, and drying services to third parties; and purchase and sale of crops produced by third parties. It also plants, harvests, processes, and markets rice; and produces and sells milk and other dairy products. In addition, the company engages in the cultivation and processing of sugar and ethanol, as well as cogeneration of electricity from sugarcane bagasse; and identification and acquisition of underdeveloped and undermanaged farmland, and realization of value through the strategic disposition of assets. Further, it is involved in leasing of approximately 18,005 hectares of pasture land to cattle farmers in Argentina; and coffee plantation. As of December 31, 2019, the company owned a total of 225,630 hectares, including 19 farms in Argentina, 8 farms in Brazil, and 1 farm in Uruguay; 3 rice processing facilities in Argentina; and 3 dairy facilities with approximately 9,066 milking cows in Argentina. It also had 11 grain and rice conditioning and storage plants in Argentina; and 3 sugar and ethanol mills in Brazil with a sugarcane crushing capacity of 14.2 million tons, as well as had a total of 232 megawatts of installed cogeneration capacity. Adecoagro S.A. was founded in 2002 and is based in Luxembourg.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-07-11 )

Largest Industry Peers for Farm Products

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
ADM Archer-Daniels-Midland Company

N/A

USD21.88B 13.90 9.58
TSN Tyson Foods, Inc

N/A

USD21.32B 10.79 8.11
BG Bunge Limited

N/A

USD5.67B 14.29 N/A
IBA Industrias Bachoco, S.A.B. de ..

N/A

USD1.75B 7.91 0.14
FDP Fresh Del Monte Produce Inc

N/A

USD1.12B 26.43 10.37
LND BrasilAgro - Companhia Brasile..

N/A

USD0.25B 10.17 1.91

ETFs Containing AGRO

Symbol Name Weight Mer Price(Change) Market Cap
ARGT Global X MSCI Argentina E.. 3.55 % 0.60 %

N/A

USD0.04B
FRN Invesco Frontier Markets .. 0.00 % 0.70 %

N/A

USD0.06B
BRF VanEck Vectors Brazil Sma.. 0.00 % 0.63 %

N/A

USD0.05B
EEMS iShares MSCI Emerging Mar.. 0.00 % 0.69 %

N/A

USD0.19B

Market Performance

  Market Performance vs.
Industry/Classification (Farm Products)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -49.10% 14% F 10% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -49.10% 14% F 9% F
Trailing 12 Months  
Capital Gain -39.75% 14% F 18% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -39.75% 14% F 16% F
Trailing 5 Years  
Capital Gain -54.19% 14% F 18% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -54.19% 14% F 13% F
Average Annual (5 Year Horizon)  
Capital Gain -12.16% 29% F 16% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -12.16% 14% F 12% F
Risk Return Profile  
Volatility (Standard Deviation) 17.55% 57% F 38% F
Risk Adjusted Return -69.26% 14% F 13% F
Market Capitalization 0.50B 29% F 47% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Farm Products)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 102.38 14% F 5% F
Price/Book Ratio 0.59 100% A+ 85% B
Price / Cash Flow Ratio 1.54 57% F 74% C
EV/EBITDA 6.08 67% D+ 77% C+
Management Effectiveness  
Return on Equity -5.21% 29% F 23% F
Return on Invested Capital 4.95% 43% F 44% F
Return on Assets 3.66% 57% F 67% D+
Debt to Equity Ratio 78.95% 14% F 45% F
Technical Ratios  
Short Ratio 0.62 86% B 74% C
Short Percent 0.58% 100% A+ 88% B+
Beta 1.12 14% F 46% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector