Australian Agricultural
Market Cap
AU$672.1m
Last Updated
2021/01/18 07:01 UTC
Data Sources
Company Financials +
Executive Summary
Australian Agricultural Company Limited produces and sells cattle and beef in Australia. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 35.9% per year for the next 3 years
Snowflake Analysis
Fair value with questionable track record.
Share Price & News
How has Australian Agricultural's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AAC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AAC's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
0.5%
AAC
-1.4%
AU Food
-0.3%
AU Market
1 Year Return
-1.3%
AAC
1.5%
AU Food
-1.6%
AU Market
Return vs Industry: AAC underperformed the Australian Food industry which returned 1.5% over the past year.
Return vs Market: AAC matched the Australian Market which returned -1.6% over the past year.
Shareholder returns
| AAC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | -1.4% | -0.3% |
| 30 Day | 6.2% | 0.4% | 1.5% |
| 90 Day | 0.9% | -4.2% | 9.2% |
| 1 Year | -1.3%-1.3% | 4.2%1.5% | 1.7%-1.6% |
| 3 Year | -11.2%-11.2% | -14.8%-21.8% | 26.2%10.7% |
| 5 Year | -14.9%-14.9% | 0.9%-10.9% | 68.7%35.5% |
Long-Term Price Volatility Vs. Market
How volatile is Australian Agricultural's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Kind Of Investors Own Most Of Australian Agricultural Company Limited (ASX:AAC)?1 month ago | Simply Wall St
Australian Agricultural's (ASX:AAC) Stock Price Has Reduced 20% In The Past Five Years2 months ago | Simply Wall St
How Much Is Australian Agricultural Company Limited (ASX:AAC) Paying Its CEO?Valuation
Is Australian Agricultural undervalued compared to its fair value and its price relative to the market?
15.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AAC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AAC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AAC is good value based on its PE Ratio (15.2x) compared to the AU Food industry average (23.7x).
PE vs Market: AAC is good value based on its PE Ratio (15.2x) compared to the Australian market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: AAC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: AAC is good value based on its PB Ratio (0.7x) compared to the AU Food industry average (1.3x).
Next Steps
Future Growth
How is Australian Agricultural forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-35.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AAC's earnings are forecast to decline over the next 3 years (-35.9% per year).
Earnings vs Market: AAC's earnings are forecast to decline over the next 3 years (-35.9% per year).
High Growth Earnings: AAC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: AAC's revenue (0.6% per year) is forecast to grow slower than the Australian market (5.1% per year).
High Growth Revenue: AAC's revenue (0.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AAC's Return on Equity is forecast to be low in 3 years time (1.1%).
Next Steps
Past Performance
How has Australian Agricultural performed over the past 5 years?
-35.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAC has a large one-off gain of A$234.3M impacting its September 30 2020 financial results.
Growing Profit Margin: AAC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AAC has become profitable over the past 5 years, growing earnings by -35.5% per year.
Accelerating Growth: AAC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AAC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (-19.6%).
Return on Equity
High ROE: AAC's Return on Equity (4.8%) is considered low.
Next Steps
Financial Health
How is Australian Agricultural's financial position?
Financial Position Analysis
Short Term Liabilities: AAC's short term assets (A$253.3M) exceed its short term liabilities (A$39.8M).
Long Term Liabilities: AAC's short term assets (A$253.3M) do not cover its long term liabilities (A$454.1M).
Debt to Equity History and Analysis
Debt Level: AAC's debt to equity ratio (40.3%) is considered high.
Reducing Debt: AAC's debt to equity ratio has reduced from 47.2% to 40.3% over the past 5 years.
Debt Coverage: AAC's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: Insufficient data to determine if AAC's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Australian Agricultural current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AAC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AAC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AAC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AAC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AAC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Hugh Killen
2.92yrs
Tenure
AU$774,210
Compensation
Mr. Hugh Killen, GMP (Harvard Business School) is Managing Director, Chief Executive Officer and Director of Australian Agricultural Company Limited since February 1, 2018. Mr. Killen is a highly experienc...
CEO Compensation Analysis
Compensation vs Market: Hugh's total compensation ($USD597.57K) is about average for companies of similar size in the Australian market ($USD703.69K).
Compensation vs Earnings: Hugh's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.92yrs | AU$774.21k | 0.047% A$ 315.5k | |
| Chief Financial Officer | 2.42yrs | AU$619.65k | no data | |
| Chief Operating Officer | 2.5yrs | AU$590.42k | no data | |
| General Counsel & Company Secretary | 14.17yrs | AU$475.92k | 0.032% A$ 213.5k | |
| Head of People & Culture | 3.33yrs | AU$428.35k | no data | |
| Chief Commercial Officer | 2.08yrs | AU$746.20k | 0.0083% A$ 55.8k | |
| Head of Corporate Affairs and Communications | no data | no data | no data | |
| Chief Operating Officer of Supply Chain | 1yr | no data | no data |
2.5yrs
Average Tenure
Experienced Management: AAC's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.92yrs | AU$774.21k | 0.047% A$ 315.5k | |
| Independent Non-Executive Chairman | 10.42yrs | AU$273.75k | 0.19% A$ 1.2m | |
| Non-Executive Director | 8.75yrs | AU$213.33k | 0.34% A$ 2.3m | |
| Independent Non-Executive Director | 1.5yrs | AU$83.56k | no data | |
| Non-Executive Director | 4.67yrs | AU$115.00k | 0.0075% A$ 50.2k | |
| Independent Non Executive Director | 9.25yrs | AU$147.00k | 0.012% A$ 83.6k | |
| Independent Non Executive Director | 9.25yrs | AU$136.88k | 0.0066% A$ 44.6k | |
| Independent Non-Executive Director | 6.33yrs | AU$115.80k | 0.0050% A$ 33.5k | |
| Independent Non-Executive Director | 3.17yrs | AU$115.53k | no data |
6.3yrs
Average Tenure
57.5yo
Average Age
Experienced Board: AAC's board of directors are considered experienced (6.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Australian Agricultural Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Australian Agricultural Company Limited
- Ticker: AAC
- Exchange: ASX
- Founded: 1824
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$672.085m
- Shares outstanding: 602.77m
- Website: https://www.aaco.com.au
Number of Employees
Location
- Australian Agricultural Company Limited
- GPO Box 587
- Brisbane
- Queensland
- 4001
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AAC | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Aug 2001 |
| AY5 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Aug 2001 |
| ASAG.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Aug 2001 |
| AAC | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Aug 2001 |
Biography
Australian Agricultural Company Limited produces and sells cattle and beef in Australia. The company engages in owning, operating, and developing pastoral properties; producing beef, including breeding, ba...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/18 07:01 |
| End of Day Share Price | 2021/01/18 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.