Adecoagro S.a Stock Intrinsic Value – ADECOAGRO S.A Reports Third Quarter FY2023 Earnings Results on November 13 2023
November 20, 2023
🌥️Earnings Overview
On November 13 2023, ADECOAGRO S.A ($NYSE:AGRO) reported its earnings results for the third quarter of FY2023, ending September 30 2023. Total revenue for the quarter stood at USD 385.8 million, a slight decrease of 0.1% compared to the same period the year prior. Net income was reported to be USD 75.9 million, a considerable increase from 22.6 million in the same quarter of the previous year.
Stock Price
The company’s stock opened at $10.2 and closed at $10.2, marking a slight decrease of 0.3% from its previous closing price of $10.3. The third quarter earnings report marks another strong period of performance for ADECOAGRO S.A, with the company continuing to demonstrate solid financials and robust growth prospects. Overall, investors in ADECOAGRO S.A have much to be pleased about, as the company continues to demonstrate healthy financials and strong growth potential. The stock’s modest decrease in share price is viewed as a minor adjustment to reflect the company’s strong fundamentals and should not be seen as a cause for alarm. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Adecoagro S.a. More…
| Total Revenues | Net Income | Net Margin |
| 1.41k | 146.99 | 11.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Adecoagro S.a. More…
| Operations | Investing | Financing |
| 491.05 | -69.22 | -129.57 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Adecoagro S.a. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.36k | 2.06k | 11.83 |
Key Ratios Snapshot
Some of the financial key ratios for Adecoagro S.a are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.1% | 19.5% | 20.7% |
| FCF Margin | ROE | ROA |
| 18.3% | 14.7% | 5.4% |
Analysis – Adecoagro S.a Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of ADECOAGRO S.A.’s financials to better understand its worth. Our proprietary Valuation Line indicates that the fair value of ADECOAGRO S.A share is around $11.5, a figure which we believe to be accurate. However, ADECOAGRO S.A stock is currently trading at $10.2, which represents a 11.1% discount to its fair value. This presents an opportunity for investors to buy into the stock at an attractive undervalued price. More…
Peers
The company faces competition from ASTARTA Holding NV, PT Aman Agrindo Tbk, and Magadh Sugar & Energy ltd, all of which are engaged in similar agricultural activities. With a presence in Brazil, Argentina, Uruguay, Paraguay and other countries, Adecoagro SA has managed to remain competitive in a highly dynamic sector.
– ASTARTA Holding NV ($LTS:0O0C)
ASTARTA Holding NV is an agricultural holding company based in Ukraine. It operates in the agribusiness sector, processing and selling agricultural products produced by its subsidiaries. As of 2022, the company has a market capitalization of 495.91M, making it one of the largest agricultural companies in Ukraine. Its Return on Equity (ROE) of 14.43% indicates that the company is generating returns that are higher than its cost of capital. This suggests that ASTARTA Holding NV is creating value for its shareholders.
– PT Aman Agrindo Tbk ($IDX:GULA)
Magadh Sugar & Energy Ltd is an Indian-based sugar, ethanol, and power generation company. It operates nine sugar mills in the state of Bihar, and has a total sugarcane crushing capacity of over 11,500 tons per day. The company also produces ethanol from molasses and has an installed capacity of 6.2 MW of power generation from bagasse. As of 2022, Magadh Sugar & Energy Ltd has a market capitalization of 4.44 billion and a return on equity of 10.61%. This data indicates that the company is performing well financially and has a strong presence in its industry. Its ability to produce sugar, ethanol, and power from its sugar mills makes it a unique player within its sector.
Summary
ADECOAGRO S.A reported their third quarter economic performance, with total revenue decreasing by 0.1% and net income increasing by 22.6%. Investors are likely to consider ADECOAGRO S.A as a stable investment due to the increased net income despite slight revenue decrease. Analysts expect steady growth for ADECOAGRO S.A as the company continues to focus on cutting costs and improving efficiency.
With strong financial performance over the last quarter, investors can anticipate future returns from the company. Overall, ADECOAGRO S.A is a solid investment choice for those looking for stability and growth.
