Agco Corporation Stock Fair Value Calculation – AGCO Corporation Posts Record-Breaking EPS and Revenue Figures

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The company recorded Non-GAAP Earnings Per Share (EPS) of $3.51, which exceeded the expectations of analysts by $0.80. On top of that, revenue for the quarter was $3.3B, which was $150M higher than what analysts had anticipated. AGCO ($NYSE:AGCO) Corporation is a leading global manufacturer of agricultural equipment, with a focus on providing solutions to farmers around the world.

Its product portfolio includes tractors, combines, hay tools, sprayers, grain storage and handling equipment, and more. The company also provides comprehensive services and support to its farmers, with parts, finance, and fleet management solutions to help maximize productivity.

Earnings

AGCO CORPORATION recently released its fourth quarter earnings report for the fiscal year 2022, ending December 31, 2022. The report showed record-breaking net income and revenue figures for the company. AGCO CORPORATION earned 3898.9M USD in total revenue and 322.2M USD in net income during the quarter.

This marked a 23.6% increase in total revenue and a 14.2% increase in net income compared to the previous year. Over the course of the last 3 years, AGCO CORPORATION’s total revenue has increased from 2717.1M USD to 3898.9M USD, a notable achievement for the company.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Agco Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Agco Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Agco Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Agco Corporation are shown below. More…

Price History

The opening price of $132.9 and the closing price of $128.0 indicate a significant 2.7% increase from its last closing price of $124.6. This jump in price was likely due to the company’s record revenue and earnings per share figures. AGCO Corporation has been performing well in recent months, and this news is likely a sign of continued success for the company. Live Quote…

Analysis – Agco Corporation Stock Fair Value Calculation

At GoodWhale, we performed an extensive analysis of AGCO CORPORATION‘s wellbeing. After taking into account all the financials, such as sales, profits, debt, cash flow and other operational metrics, we were able to estimate the fair value of AGCO CORPORATION’s share to be around $127.9 using our proprietary Valuation Line. Right now, AGCO CORPORATION’s stock is traded at $128.0 which is a fair price, according to our calculations. This indicates that the stock is trading in line with its fundamentals and is not overvalued or undervalued. More…

Peers

AGCO Corp is an agricultural machinery company that manufactures and distributes agricultural equipment and related replacement parts. The company operates through four segments: Tractors and Combines, Hay and Forage, Implements, and Other. AGCO Corp was founded in 1990 and is headquartered in Duluth, Georgia. The company’s products are sold under the brand names Challenger, Fendt, Giddings & Lewis, Massey Ferguson, RoGator, and TerraGator. Deere & Co is a leading manufacturer of agricultural equipment. The company’s products include tractors, combines, hay balers, forage harvesters, and various other agricultural equipment. Deere & Co was founded in 1837 and is headquartered in Moline, Illinois. CNH Industrial NV is a leading manufacturer of agricultural and construction equipment. The company’s products include tractors, combine harvesters, hay balers, forage harvesters, excavators, and wheel loaders. CNH Industrial NV was founded in 1999 and is headquartered in London, United Kingdom. Titan International Inc is a leading manufacturer of agricultural and construction equipment tires. The company’s products include tires for tractors, combines, hay balers, forage harvesters, excavators, and wheel loaders. Titan International Inc was founded in 1960 and is headquartered in Quincy, Illinois.

– Deere & Co ($NYSE:DE)

Deere & Co is a leading manufacturer of agricultural and construction equipment. The company has a market cap of 117.32B and a return on equity of 25.53%. Deere & Co is a well-known and trusted brand in the agricultural and construction industry. The company’s products are known for their quality and durability. Deere & Co has a strong reputation in the industry and is a trusted name by farmers and construction workers alike.

– CNH Industrial NV ($NYSE:CNHI)

CNH Industrial NV is a leading global manufacturer of agricultural and construction equipment. The company has a market cap of 17.43B as of 2022 and a Return on Equity of 29.84%. CNH Industrial NV designs, produces, and sells a full line of agricultural and construction equipment under the Case IH, New Holland, and Case Construction brands. The company’s products are used in a variety of applications, including farming, ranching, construction, and landscaping.

– Titan International Inc ($NYSE:TWI)

Titan International Inc is a leading manufacturer of off-highway wheels, tires, assemblies and undercarriage products. The company has a market cap of 947.72M as of 2022 and a Return on Equity of 43.03%. Titan serves a global customer base in the agricultural, construction, earthmoving, forestry and mining markets. The company’s products are sold in over 130 countries around the world. Titan is committed to delivering innovative, high-quality products that meet the needs of its customers.

Summary

AGCO Corporation reported quarterly financial results that beat analysts’ estimates. The company also noted that it had positive net cash from operating activities and free cash flow for the quarter. Investors may find AGCO’s strong quarterly performance encouraging as the company continues to look for growth through acquisitions and investments in new technologies.