Narrative Update • Jun 17

Last week, the Agricultural Products industry hasn't moved much but Elders is up 5.6% in that time. Unfortunately though, the industry is down 23% over the past 12 months. Looking forward, earnings are forecast to grow by 26% annually.
Has the Australian Agricultural Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 05 Jul 2026 | AU$3.9b | AU$12.8b | AU$102.6m | 18.9x | 37.9x | 0.3x |
| Tue, 02 Jun 2026 | AU$4.1b | AU$12.8b | AU$102.6m | 20x | 40.1x | 0.3x |
| Thu, 30 Apr 2026 | AU$4.7b | AU$12.6b | AU$152.2m | 30.5x | 30.9x | 0.4x |
| Sat, 28 Mar 2026 | AU$4.8b | AU$12.6b | AU$152.2m | 27.9x | 31.7x | 0.4x |
| Mon, 23 Feb 2026 | AU$4.6b | AU$12.2b | AU$133.6m | 21.5x | 34.3x | 0.4x |
| Wed, 21 Jan 2026 | AU$3.5b | AU$4.9b | AU$93.7m | 22x | 37.8x | 0.7x |
| Fri, 19 Dec 2025 | AU$3.5b | AU$4.9b | AU$93.7m | 22.4x | 36.9x | 0.7x |
| Sun, 16 Nov 2025 | AU$3.5b | AU$5.3b | AU$116.4m | 18.9x | 29.7x | 0.6x |
| Tue, 14 Oct 2025 | AU$3.5b | AU$5.3b | AU$116.4m | 18.9x | 29.8x | 0.6x |
| Thu, 11 Sep 2025 | AU$3.5b | AU$5.3b | AU$116.2m | 18.8x | 29.9x | 0.6x |
| Sat, 09 Aug 2025 | AU$3.4b | AU$5.3b | AU$113.8m | 21.3x | 29.6x | 0.6x |
| Mon, 07 Jul 2025 | AU$3.2b | AU$5.3b | AU$125.6m | 23x | 25.8x | 0.6x |
| Wed, 04 Jun 2025 | AU$3.1b | AU$5.3b | AU$125.6m | 22.6x | 24.7x | 0.6x |
| Fri, 02 May 2025 | AU$3.0b | AU$5.2b | AU$72.2m | 50.3x | 41.8x | 0.6x |
| Sun, 30 Mar 2025 | AU$3.2b | AU$5.2b | AU$72.2m | 52.7x | 44.3x | 0.6x |
| Tue, 25 Feb 2025 | AU$3.2b | AU$5.2b | AU$76.9m | 24.9x | 41.4x | 0.6x |
| Thu, 23 Jan 2025 | AU$3.2b | AU$5.2b | AU$48.3m | 21.9x | 66.3x | 0.6x |
| Sat, 21 Dec 2024 | AU$2.9b | AU$5.2b | AU$48.3m | 21.3x | 60x | 0.6x |
| Mon, 18 Nov 2024 | AU$3.1b | AU$4.9b | AU$43.3m | 16.6x | 70.9x | 0.6x |
| Wed, 16 Oct 2024 | AU$3.0b | AU$4.9b | AU$43.3m | 15.8x | 70.4x | 0.6x |
| Fri, 13 Sep 2024 | AU$3.0b | AU$4.9b | AU$40.0m | 15.2x | 75.9x | 0.6x |
| Sun, 11 Aug 2024 | AU$2.9b | AU$4.9b | AU$38.2m | 22.7x | 76.6x | 0.6x |
| Tue, 09 Jul 2024 | AU$2.7b | AU$4.9b | AU$36.0m | 21.2x | 74.8x | 0.5x |
| Thu, 06 Jun 2024 | AU$2.6b | AU$4.9b | AU$36.0m | 20.6x | 73.4x | 0.5x |
| Sat, 04 May 2024 | AU$2.7b | AU$5.2b | -AU$24,118,458.00 | 16.7x | -112.7x | 0.5x |
| Mon, 01 Apr 2024 | AU$3.1b | AU$5.2b | -AU$24,118,458.00 | 18.6x | -127.3x | 0.6x |
| Wed, 28 Feb 2024 | AU$2.9b | AU$5.2b | -AU$30,000,725.00 | 13.9x | -97.7x | 0.6x |
| Fri, 26 Jan 2024 | AU$4.4b | AU$6.6b | AU$15.6m | 20x | 283.2x | 0.7x |
| Sun, 24 Dec 2023 | AU$4.2b | AU$6.6b | AU$15.6m | 19.9x | 266.7x | 0.6x |
| Tue, 21 Nov 2023 | AU$4.2b | AU$6.7b | AU$40.6m | 17.7x | 103.3x | 0.6x |
| Thu, 19 Oct 2023 | AU$4.0b | AU$6.9b | AU$61.9m | 16.9x | 65x | 0.6x |
| Sat, 16 Sep 2023 | AU$4.0b | AU$6.9b | AU$61.9m | 17.1x | 64.4x | 0.6x |
| Mon, 14 Aug 2023 | AU$4.4b | AU$6.8b | AU$73.9m | 44.7x | 59.1x | 0.6x |
| Wed, 12 Jul 2023 | AU$4.2b | AU$6.8b | AU$73.9m | 45.3x | 56.7x | 0.6x |
56.7x
How does Australian Agricultural Products compare with similar industries?
| AU Market | 0.98% | |
| Consumer Staples | -1.95% | |
| Food | -0.087% | |
| Agricultural Products | -0.0043% | |
| Packaged Foods and Meats | -0.13% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ELD Elders | AU$5.30 | 5.6% +AU$60.1m | -19.2% | PE20.2x | |
| AAP Australian Agricultural Projects | AU$0.074 | 32.1% +AU$6.6m | 51.0% | PE40.5x | |
| RIC Ridley | AU$2.64 | 0.4% +AU$3.7m | -10.5% | PE13.4x | |
| WOA Wide Open Agriculture | AU$0.009 | 50.0% +AU$2.0m | -52.6% | PS10.1x | |
| AHF Australian Dairy Nutritionals | AU$0.021 | 10.5% +AU$1.6m | -50.6% | PS2.2x |