GrainCorp（G3C）株式概要グレインコープ社は、オーストラレーシア、アジア、北米、ヨーロッパで農業関連事業と加工業を営んでいる。 詳細G3C ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長3/6過去の実績0/6財務の健全性3/6配当金3/6報酬当社が推定した公正価値より41.7%で取引されている 収益は年間54.6%増加すると予測されています リスク分析利払いは収益で十分にカバーされない 5.88%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない すべてのリスクチェックを見るG3C Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€2.9278.9% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-53m9b2016201920222025202620282031Revenue AU$6.5bEarnings AU$448.7mAdvancedSet Fair ValueView all narrativesGrainCorp Limited 競合他社KWS SAAT SE KGaASymbol: XTRA:KWSMarket cap: €2.4bADM HamburgSymbol: DB:OELMarket cap: €191.7mSüdwestdeutsche SalzwerkeSymbol: DB:SSHMarket cap: €662.0mFRoSTASymbol: DB:NLMMarket cap: €657.6m価格と性能株価の高値、安値、推移の概要GrainCorp過去の株価現在の株価AU$2.9252週高値AU$5.1252週安値AU$2.89ベータ-0.0351ヶ月の変化-25.62%3ヶ月変化-15.91%1年変化-32.32%3年間の変化-36.00%5年間の変化-7.10%IPOからの変化-29.37%最新ニュースDeclared Dividend • May 21First half dividend of AU$0.14 announcedShareholders will receive a dividend of AU$0.14. Ex-date: 1st July 2026 Payment date: 16th July 2026 Dividend yield will be 9.5%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time.お知らせ • Jan 13+ 1 more updateGrainCorp Limited to Report First Half, 2026 Results on May 14, 2026GrainCorp Limited announced that they will report first half, 2026 results on May 14, 2026お知らせ • Dec 24GrainCorp Limited, Annual General Meeting, Feb 18, 2026GrainCorp Limited, Annual General Meeting, Feb 18, 2026.お知らせ • Feb 13GrainCorp Limited (ASX:GNC) announces an Equity Buyback for AUD 50 million worth of its shares.GrainCorp Limited (ASX:GNC) announces a share repurchase program. Under the program, the company will repurchase up to AUD 50 million worth of its shares. The program will expire on March 2, 2026. As of February 13, 2025, the company has 221,808,324 common shares issued and outstanding.お知らせ • Dec 12GrainCorp Limited to Report First Half, 2025 Results on May 15, 2025GrainCorp Limited announced that they will report first half, 2025 results on May 15, 2025お知らせ • Nov 19GrainCorp Limited to Report Fiscal Year 2025 Results on Nov 13, 2025GrainCorp Limited announced that they will report fiscal year 2025 results on Nov 13, 2025最新情報をもっと見るRecent updatesDeclared Dividend • May 21First half dividend of AU$0.14 announcedShareholders will receive a dividend of AU$0.14. Ex-date: 1st July 2026 Payment date: 16th July 2026 Dividend yield will be 9.5%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time.お知らせ • Jan 13+ 1 more updateGrainCorp Limited to Report First Half, 2026 Results on May 14, 2026GrainCorp Limited announced that they will report first half, 2026 results on May 14, 2026お知らせ • Dec 24GrainCorp Limited, Annual General Meeting, Feb 18, 2026GrainCorp Limited, Annual General Meeting, Feb 18, 2026.お知らせ • Feb 13GrainCorp Limited (ASX:GNC) announces an Equity Buyback for AUD 50 million worth of its shares.GrainCorp Limited (ASX:GNC) announces a share repurchase program. Under the program, the company will repurchase up to AUD 50 million worth of its shares. The program will expire on March 2, 2026. As of February 13, 2025, the company has 221,808,324 common shares issued and outstanding.お知らせ • Dec 12GrainCorp Limited to Report First Half, 2025 Results on May 15, 2025GrainCorp Limited announced that they will report first half, 2025 results on May 15, 2025お知らせ • Nov 19GrainCorp Limited to Report Fiscal Year 2025 Results on Nov 13, 2025GrainCorp Limited announced that they will report fiscal year 2025 results on Nov 13, 2025Declared Dividend • Nov 17Final dividend of AU$0.24 announcedShareholders will receive a dividend of AU$0.24. Ex-date: 27th November 2024 Payment date: 12th December 2024 Dividend yield will be 7.9%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio) nor is it covered by cash flows (140% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. EPS is expected to grow by 53% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.New Risk • Nov 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 57% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Cash payout ratio: 140% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).Reported Earnings • Nov 15Full year 2024 earnings released: EPS: AU$0.28 (vs AU$1.12 in FY 2023)Full year 2024 results: EPS: AU$0.28 (down from AU$1.12 in FY 2023). Revenue: AU$6.67b (down 19% from FY 2023). Net income: AU$61.8m (down 75% from FY 2023). Profit margin: 0.9% (down from 3.0% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Europe are expected to grow by 4.5%. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Nov 14+ 1 more updateGrainCorp Limited Declares Final Cash Dividend for the Fiscal Year 2024, Payable on 12 December 2024The Board of GrainCorp Limited declared a FY24 final dividend of 24 cents per share (cps), comprising an ordinary dividend of 14cps and a special dividend of 10cps, bringing total FY24 dividends to 48cps. Record date for determining entitlements to the final dividend is 28 November 2024. Payment date for final dividend is 12 December 2024.Buy Or Sell Opportunity • Jul 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to €5.36. The fair value is estimated to be €4.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 8.9%. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are forecast to grow by 9.4% per annum over the same time period.Buy Or Sell Opportunity • Jul 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 9.4% to €5.48. The fair value is estimated to be €4.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 8.9%. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are forecast to grow by 9.4% per annum over the same time period.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €5.80, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Consumer Retailing industry in Europe. Total returns to shareholders of 108% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.47 per share.Declared Dividend • May 19First half dividend of AU$0.24 announcedShareholders will receive a dividend of AU$0.24. Ex-date: 3rd July 2024 Payment date: 18th July 2024 Dividend yield will be 8.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 17First half 2024 earnings released: EPS: AU$0.22 (vs AU$0.90 in 1H 2023)First half 2024 results: EPS: AU$0.22 (down from AU$0.90 in 1H 2023). Revenue: AU$3.38b (down 26% from 1H 2023). Net income: AU$49.6m (down 75% from 1H 2023). Profit margin: 1.5% (down from 4.4% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Europe are expected to grow by 4.7%. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.New Risk • May 16New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).お知らせ • Apr 04GrainCorp Limited (ASX:GNC) completed the acquisition of Xf Australia Pty Ltd.GrainCorp Limited (ASX:GNC) entered into a binding share sale agreement to acquire Xf Australia Pty Ltd for AUD 35 million on November 14, 2023. GrainCorp will fund the purchase price payable on completion of the transaction from its existing cash reserves. XFA generated AUD 7.6 million of EBITDA for the 12 months to June 30, 2023. Completion of the transaction is subject to the satisfaction of certain conditions precedent, including the entry into new commercial and lease agreements with certain of XFA’s contractual and commercial counterparties, and the Australian Competition and Consumer Commission not notifying GrainCorp that it intends to intervene in respect of the transaction before completion. As of March 21, 2024, ACCC announced its decision not to oppose the proposed acquisition. Subject to the satisfaction of the conditions precedent, completion of the transaction is currently expected to occur on or before January 31, 2024. GrainCorp currently expects completion of the proposed acquisition to occur in early April 2024.GrainCorp Limited (ASX:GNC) completed the acquisition of Xf Australia Pty Ltd on April 2, 2024.お知らせ • Feb 22+ 2 more updatesGrainCorp Limited to Report Fiscal Year 2024 Results on Nov 14, 2024GrainCorp Limited announced that they will report fiscal year 2024 results on Nov 14, 2024Buy Or Sell Opportunity • Feb 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.5% to €4.22. The fair value is estimated to be €5.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to decline by 9.3% per annum. Earnings are also forecast to decline by 22% per annum over the same time period.お知らせ • Dec 15GrainCorp Limited, Annual General Meeting, Feb 14, 2024GrainCorp Limited, Annual General Meeting, Feb 14, 2024. Agenda: To consider election of directors.Recent Insider Transactions • Dec 13CEO, MD & Director recently sold €1.2m worth of stockOn the 8th of December, Robert Spurway sold around 268k shares on-market at roughly €4.57 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.Upcoming Dividend • Nov 24Upcoming dividend of AU$0.30 per share at 7.0% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 14 December 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 7.0%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (4.3%).Reported Earnings • Nov 19Full year 2023 earnings released: EPS: AU$1.12 (vs AU$1.68 in FY 2022)Full year 2023 results: EPS: AU$1.12 (down from AU$1.68 in FY 2022). Revenue: AU$8.23b (up 4.6% from FY 2022). Net income: AU$249.7m (down 34% from FY 2022). Profit margin: 3.0% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Europe are expected to grow by 5.2%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 17GrainCorp Limited Announces Final Franked Ordinary Dividend, Payable on December 14, 2023GrainCorp Limited announced final franked ordinary dividend per share of 14.0 cents. Record date for determining entitlements to the final dividend is November 30, 2023. Payment date for final dividend is December 14, 2023.お知らせ • Oct 25GrainCorp Limited Announces Board Appointments, Effective 1 December 2023The Board of GrainCorp Limited announced the appointment of Mr. John Maher and Mr. Peter Knoblanche as Non-executive Directors of GrainCorp, effective 1 December 2023. Messrs Maher and Knoblanche will offer themselves for election by shareholders at the next Annual General Meeting in February 2024. Mr. John Maher John has had extensive experience in strategy, capital allocation, agribusiness growth and innovation, and agriculture supply chains. He also has a strong understanding of sustainability, international agricultural trade and Indigenous engagement and business. John is currently the Chair of AWN Food and Fibre Pty Ltd. and Director of goFARM Australia Pty Ltd. and the NSW Biodiversity Conservation Trust. He is also a director of not-for-profit organisations, Autism Awareness Australia and the Australian Rural Leadership Foundation. John’s previous executive roles include long-term Managing Director & CEO of Ruralco Holdings Ltd., Senior Group Executive at Wesfarmers Ltd. and AWB Ltd. where he led the Landmark (now Nutrien Ag Solutions) rural services business. Most recently John was Group CEO of the Indigenous Land and Sea Corporation. John has an honours degree in Agricultural Science from Sydney University, an EMBA from AGSM (University of NSW), completed the Advanced Management Program at INSEAD Business School in France, is a Graduate of the Australian Institute of Company Directors and is a Fellow of the Australian Institute of Management. He is a strong advocate for Australian agribusiness, international agricultural trade and regional and remote communities, being awarded Sydney University’s Alumni Outstanding Achievement Award for services to these areas. John will join GrainCorp’s Safety, Health and Environment Committee and Sustainability Committee. Peter has had nearly 40 years' experience in wholesale and retail banking, having worked with various local and international banks across his executive career. Peter's most recent role was as Regional Manager of Australia and New Zealand and CEO Australia for Rabobank. He was also a member of Rabobank's global Wholesale and Rural Management Team and has been closely involved in the agribusiness sector across Australia, New Zealand and Globally. Peter has a deep understanding of strategy, agribusiness, funding, commodity trading and risk management. Peter is currently Non-executive Director of the Wheen Bee Foundation. Peter is a graduate of the Harvard Business School Advanced Management Programme 190, a graduate member of the Australian Institute of Company Directors, and holds a Bachelor of Commerce from Wollongong University. Peter will join GrainCorp's Audit and Risk Committee and Remuneration and Nominations Committee.お知らせ • Jul 13Graincorp Limited Provides Update on Proceeding Against Graincorp Oilseeds Pty Ltd, A Wholly Owned Subsidiary of GraincorpGrainCorp Limited acknowledges the Supreme Court of Victoria's recent decision to allow Mr. Kevin Green to bring a representative proceeding against GrainCorp Oilseeds Pty Ltd, a wholly owned subsidiary of GrainCorp, on behalf of himself and other Numurkah residents allegedly affected by emissions from GrainCorp's Numurkah grain processing facility. GrainCorp is currently considering its position in relation to the decision, but notes that the decision concerns a procedural matter as to how the proceeding will be conducted and does not reflect any substantive assessment by the Court of the merits of the proceeding. GrainCorp takes its environmental and other compliance obligations very seriously. GrainCorp strongly denies allegations by Mr. Green in relation to its Numurkah facility and intends to defend the proceeding vigorously.Upcoming Dividend • Jun 28Upcoming dividend of AU$0.24 per share at 4.9% yieldEligible shareholders must have bought the stock before 05 July 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.3%).Buying Opportunity • Jun 25Now 20% undervaluedOver the last 90 days, the stock is up 4.6%. The fair value is estimated to be €5.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 17% per annum. Earnings is also forecast to decline by 43% per annum over the same time period.お知らせ • May 13+ 2 more updatesGrainCorp Limited Provides Earnings Guidance for the Fiscal Year 2023GrainCorp Limited provided earnings guidance for the fiscal year 2023. For the period, the company expected net profit after tax to be in the range of $220 million to $260 million (up from $180 million to $220 million).Reported Earnings • May 11First half 2023 earnings released: EPS: AU$0.90 (vs AU$1.08 in 1H 2022)First half 2023 results: EPS: AU$0.90 (down from AU$1.08 in 1H 2022). Revenue: AU$4.48b (up 17% from 1H 2022). Net income: AU$200.3m (down 19% from 1H 2022). Profit margin: 4.5% (down from 6.4% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 15% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Europe are expected to grow by 4.6%. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Buying Opportunity • May 03Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €5.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 16% per annum. Earnings is also forecast to decline by 51% per annum over the same time period.Buying Opportunity • Mar 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.5%. The fair value is estimated to be €5.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 16% per annum. Earnings is also forecast to decline by 50% per annum over the same time period.Buying Opportunity • Jan 31Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €5.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 16% per annum. Earnings is also forecast to decline by 52% per annum over the same time period.お知らせ • Jan 25GrainCorp Limited to Report First Half, 2023 Results on May 11, 2023GrainCorp Limited announced that they will report first half, 2023 results on May 11, 2023Buying Opportunity • Jan 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €5.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 16% per annum. Earnings is also forecast to decline by 52% per annum over the same time period.Buying Opportunity • Dec 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €6.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 16% per annum. Earnings is also forecast to decline by 52% per annum over the same time period.Recent Insider Transactions • Nov 30Independent Non-Executive Director recently bought €55k worth of stockOn the 24th of November, Clive M. Stiff bought around 10k shares on-market at roughly €5.48 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Upcoming Dividend • Nov 22Upcoming dividend of AU$0.30 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 14 December 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).Reported Earnings • Nov 17Full year 2022 earnings released: EPS: AU$1.68 (vs AU$0.61 in FY 2021)Full year 2022 results: EPS: AU$1.68 (up from AU$0.61 in FY 2021). Revenue: AU$7.87b (up 43% from FY 2021). Net income: AU$380.4m (up 173% from FY 2021). Profit margin: 4.8% (up from 2.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 18% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Europe are expected to grow by 5.2%. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to €5.60, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Consumer Retailing industry in Europe. Total returns to shareholders of 166% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.76 per share.Buying Opportunity • Oct 01Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €6.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 17% per annum. Earnings is also forecast to decline by 50% per annum over the same time period.お知らせ • Aug 31GrainCorp Limited, Annual General Meeting, Feb 16, 2023GrainCorp Limited, Annual General Meeting, Feb 16, 2023.Upcoming Dividend • Jun 29Upcoming dividend of AU$0.24 per shareEligible shareholders must have bought the stock before 06 July 2022. Payment date: 21 July 2022. Payout ratio is a comfortable 15% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.6%).Reported Earnings • May 12First half 2022 earnings released: EPS: AU$1.08 (vs AU$0.22 in 1H 2021)First half 2022 results: EPS: AU$1.08 (up from AU$0.22 in 1H 2021). Revenue: AU$3.84b (up 50% from 1H 2021). Net income: AU$246.0m (up 387% from 1H 2021). Profit margin: 6.4% (up from 2.0% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 6.6% compared to a 7.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Apr 01Now 23% undervaluedOver the last 90 days, the stock is up 7.6%. The fair value is estimated to be €7.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to decline by 8.2% per annum. Earnings is also forecast to decline by 22% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to €5.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Consumer Retailing industry in Europe. Total returns to shareholders of 103% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.39 per share.Upcoming Dividend • Nov 17Upcoming dividend of AU$0.10 per shareEligible shareholders must have bought the stock before 24 November 2021. Payment date: 09 December 2021. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.6%).Reported Earnings • Nov 13Full year 2021 earnings released: EPS AU$0.61 (vs AU$0.15 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$5.47b (up 49% from FY 2020). Net income: AU$139.3m (up 296% from FY 2020). Profit margin: 2.5% (up from 1.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 01Upcoming dividend of AU$0.08 per shareEligible shareholders must have bought the stock before 07 July 2021. Payment date: 22 July 2021. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.9%).Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to AU$2.96, the stock is trading at a trailing P/E ratio of 30.6x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 22x in the Consumer Retailing industry in Europe. Total returns to shareholders over the past three years are 31%.Is New 90 Day High Low • Feb 12New 90-day high: €2.96The company is up 15% from its price of €2.58 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.12 per share.Is New 90 Day High Low • Jan 09New 90-day high: €2.88The company is up 22% from its price of €2.36 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.37 per share.Is New 90 Day High Low • Dec 03New 90-day high: €2.84The company is up 8.0% from its price of €2.62 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.67 per share.Analyst Estimate Surprise Post Earnings • Nov 12Revenue beats expectationsRevenue exceeded analyst estimates by 26%. Over the next year, revenue is forecast to grow 8.5%, compared to a 1.6% growth forecast for the Consumer Retailing industry in Germany.Reported Earnings • Nov 12Full year 2020 earnings released: EPS AU$1.50The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: AU$3.86b (down 20% from FY 2019). Net income: AU$35.2m (up AU$148.2m from FY 2019). Profit margin: 0.9% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 16% share price gain to AU$2.44, the stock is trading at a trailing P/E ratio of 17.5x, up from the previous P/E ratio of 15.1x. This compares to an average P/E of 21x in the Consumer Retailing industry in Europe. Total return to shareholders over the past three years is a loss of 11%.Is New 90 Day High Low • Oct 31New 90-day low: €2.10The company is down 5.0% from its price of €2.22 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.54 per share.株主還元G3CDE FoodDE 市場7D-9.0%-2.4%3.2%1Y-32.3%14.1%2.5%株主還元を見る業界別リターン: G3C過去 1 年間で14.1 % の収益を上げたGerman Food業界を下回りました。リターン対市場: G3Cは、過去 1 年間で2.5 % のリターンを上げたGerman市場を下回りました。価格変動Is G3C's price volatile compared to industry and market?G3C volatilityG3C Average Weekly Movement5.8%Food Industry Average Movement6.1%Market Average Movement6.1%10% most volatile stocks in DE Market13.6%10% least volatile stocks in DE Market2.7%安定した株価: G3C 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: G3Cの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1916n/aRobert Spurwaywww.graincorp.com.auグレインコープ・リミテッドは、オーストラレーシア、アジア、北米、欧州で農業関連事業と加工事業を展開している。アグリビジネスと栄養・エネルギーの2つのセグメントで事業を展開。同社は、小麦、大麦、ソルガム、トウモロコシ、油糧種子、豆類、有機物、および動物性油脂、使用済み食用油、飼料用植物油の取り扱い、加工、貯蔵、食用油脂製品の精製、漂白、脱臭、ブレンド、食用油の粉砕、加工、製造、販売を行っている。また、植物油と糖蜜をベースとした飼料サプリメントと、農場の生産性を向上させる混合飼料ソリューションの供給、キャノーラ油とキャノーラミールの生産も行っている。さらに、ブレンド油や単一油、乳児用栄養剤、ベーカリー製品、マーガリン、スプレッド、フライ用ショートニングの提供、食用油、スプレッド、ショートニング、調理済み食品、酪農・養鶏・家畜用ミール、化粧品、潤滑油に使用される油糧種子の粉砕、肥育場のパフォーマンスと栄養コンサルティングサービスも行っている。また、バルク港湾ターミナルも運営している。グレインコープ社は1916年に設立され、本社はオーストラリアのバランガルーにある。もっと見るGrainCorp Limited 基礎のまとめGrainCorp の収益と売上を時価総額と比較するとどうか。G3C 基礎統計学時価総額€633.20m収益（TTM）-€8.36m売上高(TTM)€4.36b0.1xP/Sレシオ-75.8xPER（株価収益率G3C は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計G3C 損益計算書（TTM）収益AU$7.10b売上原価AU$6.41b売上総利益AU$689.60mその他の費用AU$703.20m収益-AU$13.60m直近の収益報告Mar 31, 2026次回決算日Nov 11, 2026一株当たり利益（EPS）-0.063グロス・マージン9.72%純利益率-0.19%有利子負債／自己資本比率126.2%G3C の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.9%現在の配当利回り-450%配当性向G3C 配当は確実ですか？G3C 配当履歴とベンチマークを見るG3C 、いつまでに購入すれば配当金を受け取れますか？GrainCorp 配当日配当落ち日Jul 01 2026配当支払日Jul 16 2026配当落ちまでの日数38 days配当支払日までの日数53 daysG3C 配当は確実ですか？G3C 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 19:16終値2026/05/22 00:00収益2026/03/31年間収益2025/09/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋GrainCorp Limited 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。19 アナリスト機関Jonathan SnapeBell PotterRamanan SooriyakumarBofA Global ResearchJames FerrierCanaccord Genuity16 その他のアナリストを表示
Declared Dividend • May 21First half dividend of AU$0.14 announcedShareholders will receive a dividend of AU$0.14. Ex-date: 1st July 2026 Payment date: 16th July 2026 Dividend yield will be 9.5%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time.
お知らせ • Jan 13+ 1 more updateGrainCorp Limited to Report First Half, 2026 Results on May 14, 2026GrainCorp Limited announced that they will report first half, 2026 results on May 14, 2026
お知らせ • Dec 24GrainCorp Limited, Annual General Meeting, Feb 18, 2026GrainCorp Limited, Annual General Meeting, Feb 18, 2026.
お知らせ • Feb 13GrainCorp Limited (ASX:GNC) announces an Equity Buyback for AUD 50 million worth of its shares.GrainCorp Limited (ASX:GNC) announces a share repurchase program. Under the program, the company will repurchase up to AUD 50 million worth of its shares. The program will expire on March 2, 2026. As of February 13, 2025, the company has 221,808,324 common shares issued and outstanding.
お知らせ • Dec 12GrainCorp Limited to Report First Half, 2025 Results on May 15, 2025GrainCorp Limited announced that they will report first half, 2025 results on May 15, 2025
お知らせ • Nov 19GrainCorp Limited to Report Fiscal Year 2025 Results on Nov 13, 2025GrainCorp Limited announced that they will report fiscal year 2025 results on Nov 13, 2025
Declared Dividend • May 21First half dividend of AU$0.14 announcedShareholders will receive a dividend of AU$0.14. Ex-date: 1st July 2026 Payment date: 16th July 2026 Dividend yield will be 9.5%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time.
お知らせ • Jan 13+ 1 more updateGrainCorp Limited to Report First Half, 2026 Results on May 14, 2026GrainCorp Limited announced that they will report first half, 2026 results on May 14, 2026
お知らせ • Dec 24GrainCorp Limited, Annual General Meeting, Feb 18, 2026GrainCorp Limited, Annual General Meeting, Feb 18, 2026.
お知らせ • Feb 13GrainCorp Limited (ASX:GNC) announces an Equity Buyback for AUD 50 million worth of its shares.GrainCorp Limited (ASX:GNC) announces a share repurchase program. Under the program, the company will repurchase up to AUD 50 million worth of its shares. The program will expire on March 2, 2026. As of February 13, 2025, the company has 221,808,324 common shares issued and outstanding.
お知らせ • Dec 12GrainCorp Limited to Report First Half, 2025 Results on May 15, 2025GrainCorp Limited announced that they will report first half, 2025 results on May 15, 2025
お知らせ • Nov 19GrainCorp Limited to Report Fiscal Year 2025 Results on Nov 13, 2025GrainCorp Limited announced that they will report fiscal year 2025 results on Nov 13, 2025
Declared Dividend • Nov 17Final dividend of AU$0.24 announcedShareholders will receive a dividend of AU$0.24. Ex-date: 27th November 2024 Payment date: 12th December 2024 Dividend yield will be 7.9%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio) nor is it covered by cash flows (140% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. EPS is expected to grow by 53% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
New Risk • Nov 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 57% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Cash payout ratio: 140% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).
Reported Earnings • Nov 15Full year 2024 earnings released: EPS: AU$0.28 (vs AU$1.12 in FY 2023)Full year 2024 results: EPS: AU$0.28 (down from AU$1.12 in FY 2023). Revenue: AU$6.67b (down 19% from FY 2023). Net income: AU$61.8m (down 75% from FY 2023). Profit margin: 0.9% (down from 3.0% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Europe are expected to grow by 4.5%. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Nov 14+ 1 more updateGrainCorp Limited Declares Final Cash Dividend for the Fiscal Year 2024, Payable on 12 December 2024The Board of GrainCorp Limited declared a FY24 final dividend of 24 cents per share (cps), comprising an ordinary dividend of 14cps and a special dividend of 10cps, bringing total FY24 dividends to 48cps. Record date for determining entitlements to the final dividend is 28 November 2024. Payment date for final dividend is 12 December 2024.
Buy Or Sell Opportunity • Jul 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to €5.36. The fair value is estimated to be €4.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 8.9%. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are forecast to grow by 9.4% per annum over the same time period.
Buy Or Sell Opportunity • Jul 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 9.4% to €5.48. The fair value is estimated to be €4.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 8.9%. For the next 3 years, revenue is forecast to decline by 4.1% per annum. Earnings are forecast to grow by 9.4% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €5.80, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Consumer Retailing industry in Europe. Total returns to shareholders of 108% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.47 per share.
Declared Dividend • May 19First half dividend of AU$0.24 announcedShareholders will receive a dividend of AU$0.24. Ex-date: 3rd July 2024 Payment date: 18th July 2024 Dividend yield will be 8.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 17First half 2024 earnings released: EPS: AU$0.22 (vs AU$0.90 in 1H 2023)First half 2024 results: EPS: AU$0.22 (down from AU$0.90 in 1H 2023). Revenue: AU$3.38b (down 26% from 1H 2023). Net income: AU$49.6m (down 75% from 1H 2023). Profit margin: 1.5% (down from 4.4% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Europe are expected to grow by 4.7%. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • May 16New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin).
お知らせ • Apr 04GrainCorp Limited (ASX:GNC) completed the acquisition of Xf Australia Pty Ltd.GrainCorp Limited (ASX:GNC) entered into a binding share sale agreement to acquire Xf Australia Pty Ltd for AUD 35 million on November 14, 2023. GrainCorp will fund the purchase price payable on completion of the transaction from its existing cash reserves. XFA generated AUD 7.6 million of EBITDA for the 12 months to June 30, 2023. Completion of the transaction is subject to the satisfaction of certain conditions precedent, including the entry into new commercial and lease agreements with certain of XFA’s contractual and commercial counterparties, and the Australian Competition and Consumer Commission not notifying GrainCorp that it intends to intervene in respect of the transaction before completion. As of March 21, 2024, ACCC announced its decision not to oppose the proposed acquisition. Subject to the satisfaction of the conditions precedent, completion of the transaction is currently expected to occur on or before January 31, 2024. GrainCorp currently expects completion of the proposed acquisition to occur in early April 2024.GrainCorp Limited (ASX:GNC) completed the acquisition of Xf Australia Pty Ltd on April 2, 2024.
お知らせ • Feb 22+ 2 more updatesGrainCorp Limited to Report Fiscal Year 2024 Results on Nov 14, 2024GrainCorp Limited announced that they will report fiscal year 2024 results on Nov 14, 2024
Buy Or Sell Opportunity • Feb 15Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.5% to €4.22. The fair value is estimated to be €5.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to decline by 9.3% per annum. Earnings are also forecast to decline by 22% per annum over the same time period.
お知らせ • Dec 15GrainCorp Limited, Annual General Meeting, Feb 14, 2024GrainCorp Limited, Annual General Meeting, Feb 14, 2024. Agenda: To consider election of directors.
Recent Insider Transactions • Dec 13CEO, MD & Director recently sold €1.2m worth of stockOn the 8th of December, Robert Spurway sold around 268k shares on-market at roughly €4.57 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.
Upcoming Dividend • Nov 24Upcoming dividend of AU$0.30 per share at 7.0% yieldEligible shareholders must have bought the stock before 29 November 2023. Payment date: 14 December 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 7.0%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (4.3%).
Reported Earnings • Nov 19Full year 2023 earnings released: EPS: AU$1.12 (vs AU$1.68 in FY 2022)Full year 2023 results: EPS: AU$1.12 (down from AU$1.68 in FY 2022). Revenue: AU$8.23b (up 4.6% from FY 2022). Net income: AU$249.7m (down 34% from FY 2022). Profit margin: 3.0% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 9.7% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Europe are expected to grow by 5.2%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 17GrainCorp Limited Announces Final Franked Ordinary Dividend, Payable on December 14, 2023GrainCorp Limited announced final franked ordinary dividend per share of 14.0 cents. Record date for determining entitlements to the final dividend is November 30, 2023. Payment date for final dividend is December 14, 2023.
お知らせ • Oct 25GrainCorp Limited Announces Board Appointments, Effective 1 December 2023The Board of GrainCorp Limited announced the appointment of Mr. John Maher and Mr. Peter Knoblanche as Non-executive Directors of GrainCorp, effective 1 December 2023. Messrs Maher and Knoblanche will offer themselves for election by shareholders at the next Annual General Meeting in February 2024. Mr. John Maher John has had extensive experience in strategy, capital allocation, agribusiness growth and innovation, and agriculture supply chains. He also has a strong understanding of sustainability, international agricultural trade and Indigenous engagement and business. John is currently the Chair of AWN Food and Fibre Pty Ltd. and Director of goFARM Australia Pty Ltd. and the NSW Biodiversity Conservation Trust. He is also a director of not-for-profit organisations, Autism Awareness Australia and the Australian Rural Leadership Foundation. John’s previous executive roles include long-term Managing Director & CEO of Ruralco Holdings Ltd., Senior Group Executive at Wesfarmers Ltd. and AWB Ltd. where he led the Landmark (now Nutrien Ag Solutions) rural services business. Most recently John was Group CEO of the Indigenous Land and Sea Corporation. John has an honours degree in Agricultural Science from Sydney University, an EMBA from AGSM (University of NSW), completed the Advanced Management Program at INSEAD Business School in France, is a Graduate of the Australian Institute of Company Directors and is a Fellow of the Australian Institute of Management. He is a strong advocate for Australian agribusiness, international agricultural trade and regional and remote communities, being awarded Sydney University’s Alumni Outstanding Achievement Award for services to these areas. John will join GrainCorp’s Safety, Health and Environment Committee and Sustainability Committee. Peter has had nearly 40 years' experience in wholesale and retail banking, having worked with various local and international banks across his executive career. Peter's most recent role was as Regional Manager of Australia and New Zealand and CEO Australia for Rabobank. He was also a member of Rabobank's global Wholesale and Rural Management Team and has been closely involved in the agribusiness sector across Australia, New Zealand and Globally. Peter has a deep understanding of strategy, agribusiness, funding, commodity trading and risk management. Peter is currently Non-executive Director of the Wheen Bee Foundation. Peter is a graduate of the Harvard Business School Advanced Management Programme 190, a graduate member of the Australian Institute of Company Directors, and holds a Bachelor of Commerce from Wollongong University. Peter will join GrainCorp's Audit and Risk Committee and Remuneration and Nominations Committee.
お知らせ • Jul 13Graincorp Limited Provides Update on Proceeding Against Graincorp Oilseeds Pty Ltd, A Wholly Owned Subsidiary of GraincorpGrainCorp Limited acknowledges the Supreme Court of Victoria's recent decision to allow Mr. Kevin Green to bring a representative proceeding against GrainCorp Oilseeds Pty Ltd, a wholly owned subsidiary of GrainCorp, on behalf of himself and other Numurkah residents allegedly affected by emissions from GrainCorp's Numurkah grain processing facility. GrainCorp is currently considering its position in relation to the decision, but notes that the decision concerns a procedural matter as to how the proceeding will be conducted and does not reflect any substantive assessment by the Court of the merits of the proceeding. GrainCorp takes its environmental and other compliance obligations very seriously. GrainCorp strongly denies allegations by Mr. Green in relation to its Numurkah facility and intends to defend the proceeding vigorously.
Upcoming Dividend • Jun 28Upcoming dividend of AU$0.24 per share at 4.9% yieldEligible shareholders must have bought the stock before 05 July 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.3%).
Buying Opportunity • Jun 25Now 20% undervaluedOver the last 90 days, the stock is up 4.6%. The fair value is estimated to be €5.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 17% per annum. Earnings is also forecast to decline by 43% per annum over the same time period.
お知らせ • May 13+ 2 more updatesGrainCorp Limited Provides Earnings Guidance for the Fiscal Year 2023GrainCorp Limited provided earnings guidance for the fiscal year 2023. For the period, the company expected net profit after tax to be in the range of $220 million to $260 million (up from $180 million to $220 million).
Reported Earnings • May 11First half 2023 earnings released: EPS: AU$0.90 (vs AU$1.08 in 1H 2022)First half 2023 results: EPS: AU$0.90 (down from AU$1.08 in 1H 2022). Revenue: AU$4.48b (up 17% from 1H 2022). Net income: AU$200.3m (down 19% from 1H 2022). Profit margin: 4.5% (down from 6.4% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 15% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Europe are expected to grow by 4.6%. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • May 03Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €5.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 16% per annum. Earnings is also forecast to decline by 51% per annum over the same time period.
Buying Opportunity • Mar 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 4.5%. The fair value is estimated to be €5.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 16% per annum. Earnings is also forecast to decline by 50% per annum over the same time period.
Buying Opportunity • Jan 31Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €5.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 16% per annum. Earnings is also forecast to decline by 52% per annum over the same time period.
お知らせ • Jan 25GrainCorp Limited to Report First Half, 2023 Results on May 11, 2023GrainCorp Limited announced that they will report first half, 2023 results on May 11, 2023
Buying Opportunity • Jan 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €5.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 16% per annum. Earnings is also forecast to decline by 52% per annum over the same time period.
Buying Opportunity • Dec 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €6.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 16% per annum. Earnings is also forecast to decline by 52% per annum over the same time period.
Recent Insider Transactions • Nov 30Independent Non-Executive Director recently bought €55k worth of stockOn the 24th of November, Clive M. Stiff bought around 10k shares on-market at roughly €5.48 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Upcoming Dividend • Nov 22Upcoming dividend of AU$0.30 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 14 December 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.8%).
Reported Earnings • Nov 17Full year 2022 earnings released: EPS: AU$1.68 (vs AU$0.61 in FY 2021)Full year 2022 results: EPS: AU$1.68 (up from AU$0.61 in FY 2021). Revenue: AU$7.87b (up 43% from FY 2021). Net income: AU$380.4m (up 173% from FY 2021). Profit margin: 4.8% (up from 2.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 18% p.a. on average during the next 3 years, while revenues in the Consumer Retailing industry in Europe are expected to grow by 5.2%. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to €5.60, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Consumer Retailing industry in Europe. Total returns to shareholders of 166% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.76 per share.
Buying Opportunity • Oct 01Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €6.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 17% per annum. Earnings is also forecast to decline by 50% per annum over the same time period.
お知らせ • Aug 31GrainCorp Limited, Annual General Meeting, Feb 16, 2023GrainCorp Limited, Annual General Meeting, Feb 16, 2023.
Upcoming Dividend • Jun 29Upcoming dividend of AU$0.24 per shareEligible shareholders must have bought the stock before 06 July 2022. Payment date: 21 July 2022. Payout ratio is a comfortable 15% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.6%).
Reported Earnings • May 12First half 2022 earnings released: EPS: AU$1.08 (vs AU$0.22 in 1H 2021)First half 2022 results: EPS: AU$1.08 (up from AU$0.22 in 1H 2021). Revenue: AU$3.84b (up 50% from 1H 2021). Net income: AU$246.0m (up 387% from 1H 2021). Profit margin: 6.4% (up from 2.0% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 6.6% compared to a 7.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Apr 01Now 23% undervaluedOver the last 90 days, the stock is up 7.6%. The fair value is estimated to be €7.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to decline by 8.2% per annum. Earnings is also forecast to decline by 22% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to €5.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Consumer Retailing industry in Europe. Total returns to shareholders of 103% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.39 per share.
Upcoming Dividend • Nov 17Upcoming dividend of AU$0.10 per shareEligible shareholders must have bought the stock before 24 November 2021. Payment date: 09 December 2021. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.6%).
Reported Earnings • Nov 13Full year 2021 earnings released: EPS AU$0.61 (vs AU$0.15 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$5.47b (up 49% from FY 2020). Net income: AU$139.3m (up 296% from FY 2020). Profit margin: 2.5% (up from 1.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 01Upcoming dividend of AU$0.08 per shareEligible shareholders must have bought the stock before 07 July 2021. Payment date: 22 July 2021. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.9%).
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to AU$2.96, the stock is trading at a trailing P/E ratio of 30.6x, up from the previous P/E ratio of 26.3x. This compares to an average P/E of 22x in the Consumer Retailing industry in Europe. Total returns to shareholders over the past three years are 31%.
Is New 90 Day High Low • Feb 12New 90-day high: €2.96The company is up 15% from its price of €2.58 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.12 per share.
Is New 90 Day High Low • Jan 09New 90-day high: €2.88The company is up 22% from its price of €2.36 on 09 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.37 per share.
Is New 90 Day High Low • Dec 03New 90-day high: €2.84The company is up 8.0% from its price of €2.62 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.67 per share.
Analyst Estimate Surprise Post Earnings • Nov 12Revenue beats expectationsRevenue exceeded analyst estimates by 26%. Over the next year, revenue is forecast to grow 8.5%, compared to a 1.6% growth forecast for the Consumer Retailing industry in Germany.
Reported Earnings • Nov 12Full year 2020 earnings released: EPS AU$1.50The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: AU$3.86b (down 20% from FY 2019). Net income: AU$35.2m (up AU$148.2m from FY 2019). Profit margin: 0.9% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 16% share price gain to AU$2.44, the stock is trading at a trailing P/E ratio of 17.5x, up from the previous P/E ratio of 15.1x. This compares to an average P/E of 21x in the Consumer Retailing industry in Europe. Total return to shareholders over the past three years is a loss of 11%.
Is New 90 Day High Low • Oct 31New 90-day low: €2.10The company is down 5.0% from its price of €2.22 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.54 per share.
