NUFARM LIMITED (NUF)
Share Price Analysis and Chart

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NUF - NUFARM LIMITED

FNArena Sector : Agriculture
Year End: September
GICS Industry Group : Materials
Debt/EBITDA: 2.9
Index: ASX200 | ASX300 | ALL-ORDS

Nufarm is an Australian agricultural chemicals company with manufacturing and marketing operations in Australia, Asia, Europe and North America. First established in 1956, it became a listed company in 1988.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.13

18 Apr
2024

0.150

OPEN

$4.99

3.01%

HIGH

$5.13

562,433

LOW

$4.99

TARGET
$6.097 18.9% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AAC . AMN . APC . CBO . D2O . ELD . GNC . HFR . IPL . LGL . MWY . NAM . RIC . SGLLV . SHV . TFL . WLD .
FNARENA'S MARKET CONSENSUS FORECASTS
NUF: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx N/A 33.6 xxx
DPS (cps) xxx N/A 10.2 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 15.0 xxx
Dividend Yield xxx N/A 2.0% xxx
Div Pay Ratio(%) xxx N/A 30.3% xxx

Dividend yield today if purchased 3 years ago: 1.92%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.99

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: 22/11 - ex-div 5c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx26.3
DPS All xxxxxxxxxxxxxxx10.0
Sales/Revenue xxxxxxxxxxxxxxx3,480.6 M
Book Value Per Share xxxxxxxxxxxxxxx541.8
Net Operating Cash Flow xxxxxxxxxxxxxxx-125.6 M
Net Profit Margin xxxxxxxxxxxxxxx3.19 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx5.03 %
Return on Invested Capital xxxxxxxxxxxxxxx3.51 %
Return on Assets xxxxxxxxxxxxxxx2.38 %
Return on Equity xxxxxxxxxxxxxxx4.98 %
Return on Total Capital xxxxxxxxxxxxxxx7.39 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-311.7 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 xxxxxxxxxxxxxxx48 M
Long Term Debt xxxxxxxxxxxxxxx1,213 M
Total Debt xxxxxxxxxxxxxxx1,261 M
Goodwill - Gross xxxxxxxxxxxxxxx400 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx411 M
Price To Book Value xxxxxxxxxxxxxxx0.88

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx226.7 M
Capex % of Sales xxxxxxxxxxxxxxx6.51 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,460 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx775 M
Research & Development xxxxxxxxxxxxxxx45 M
Investments - Total xxxxxxxxxxxxxxx68 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

0.5

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

02/02/2024

3

Downgrade to Neutral from Outperform

$5.73

11.70%

Nufarm's AGM update warned of a weaker first half than previously expected. Macquarie highlights the earnings skew moving closer to a more normal 55/45%, implying first half earnings down significantly year on year on tough comparables, rebounding in the second half.

While improving seasonal conditions in Australia are positive, North America and Europe are Nufarm's largest profit regions and remain challenged, Macquarie notes.

The stock has had a good run off its October lows so the broker downgrades to Neutral from Outperform. Target falls to $5.73 from $5.80.

FORECAST
Macquarie forecasts a full year FY24 dividend of 10.00 cents and EPS of 34.20 cents.
Macquarie forecasts a full year FY25 dividend of 10.90 cents and EPS of 43.40 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

NUF STOCK CHART

FNArena News on NUF

1
Australian Broker Call *Extra* Edition – Feb 08, 2024

Feb 08 2024 - Daily Market Reports
2
Weekly Ratings, Targets, Forecast Changes – 02-02-24

Feb 05 2024 - Weekly Reports
3
Rudi’s View: Bear&Bull Market To Continue (?) In 2024

Dec 06 2023 - Rudi's View
4
Australia’s Agricultural Industry Diversifies

Dec 04 2023 - Australia
5
Australian Broker Call *Extra* Edition – Nov 23, 2023

Nov 23 2023 - Daily Market Reports

Latest Agriculture News

1
Australia’s Agricultural Industry Diversifies

Dec 04 2023 - Australia
2
Next Week At A Glance – 27 Nov – 1 Dec 2023

Nov 24 2023 - Weekly Reports
3
Nufarm Crushes Seeds Of Doubt

May 25 2023 - Australia
4
Incitec Pivot Misses Expectations, Demerger Pending

May 18 2023 - Australia
5
Treasure Chest: Opportunities For Ridley Corp

Apr 26 2023 - Treasure Chest
6
Headwinds Linger for Select Harvests

Nov 24 2022 - Small Caps
7
United Malt Guides To Better Times Ahead

Nov 23 2022 - Small Caps
8
Nufarm Confident About Continued Growth

Nov 22 2022 - Small Caps
9
Waggaman Review Delays Incitec Pivot’s Split

Nov 17 2022 - Australia
10
Elders’ Confidence Relies On Acquisition

Nov 16 2022 - Small Caps