AUSTRALIAN AGRICULTURAL COMPANY LIMITED (AAC)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

AAC - AUSTRALIAN AGRICULTURAL COMPANY LIMITED

FNArena Sector : Agriculture
Year End: March
GICS Industry Group : Food, Beverage & Tobacco
Debt/EBITDA: -2.54
Index: ALL-ORDS

Australian Agricultural Co is an Australian beef producer with extensive farms and feedlots in Queensland and the Northern Territory. Established in 1824, it is Australia's oldest operating company. It listed on the ASX in 2001.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.41

06 Dec
2023

0.005

OPEN

$1.41

0.36%

HIGH

$1.42

93,812

LOW

$1.40

TARGET
$1.90 34.8% upside
OTHER COMPANIES IN THE SAME SECTOR
AMN . APC . CBO . CGC . D2O . ELD . GNC . HFR . IPL . LGL . MWY . NAM . NUF . RIC . SGLLV . SHV . TFL . WLD .
FNARENA'S MARKET CONSENSUS FORECASTS
AAC: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx 0.8 0.0 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx - 96.6% N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx 0.0% N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 11/09 - (franking Ex-Di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx0.8
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx313.4 M
Book Value Per Share xxxxxxxxxxxxxxx259.2
Net Operating Cash Flow xxxxxxxxxxxxxxx16.0 M
Net Profit Margin xxxxxxxxxxxxxxx1.47 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx0.32 %
Return on Invested Capital xxxxxxxxxxxxxxx0.25 %
Return on Assets xxxxxxxxxxxxxxx0.20 %
Return on Equity xxxxxxxxxxxxxxx0.32 %
Return on Total Capital xxxxxxxxxxxxxxx-10.28 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-2.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx12 M
Long Term Debt xxxxxxxxxxxxxxx418 M
Total Debt xxxxxxxxxxxxxxx430 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx4 M
Price To Book Value xxxxxxxxxxxxxxx0.59

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx18.5 M
Capex % of Sales xxxxxxxxxxxxxxx5.90 %
Cost of Goods Sold xxxxxxxxxxxxxxx449 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx57 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

17/11/2023

1

Buy

$1.90

34.75%

Australian Agricultural Co's 1H results prompt Bell Potter to raise its operating earnings (EBITDA) forecasts across FY24-26 by 38%, 89% and 76%, respectively. Higher forecasts reflect higher meat volumes, higher live pricing assumptions and lower production costs.

The broker highlights growth in through-the-cycle returns as the revenue mix shifts to meat from cattle. Growth is expected to continue through FY25 due to the expansion of the Goonoo feedlots, which will add up to 12% in capacity.

No formal guidance was provided though management noted successful cropping trials over 6,000Ha of northern properties.

The target rises to $1.90 from $1.85. Buy.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of 0.00 cents.
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.30 cents.

AAC STOCK CHART