Australian Agricultural Projects Ltd operates and manages olive groves located in Boort, Victoria.
+ 1 more risk
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.03|
|52 Week High||AU$0.013|
|52 Week Low||AU$0.047|
|1 Month Change||0%|
|3 Month Change||-6.25%|
|1 Year Change||66.67%|
|3 Year Change||50.01%|
|5 Year Change||-3.22%|
|Change since IPO||-91.05%|
Recent News & Updates
Here's Why Australian Agricultural Projects (ASX:AAP) Has A Meaningful Debt Burden
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
How Much Is Australian Agricultural Projects Ltd (ASX:AAP) Paying Its CEO?
Paul Challis has been the CEO of Australian Agricultural Projects Ltd ( ASX:AAP ) since 2007, and this article will...
|AAP||AU Food||AU Market|
Return vs Industry: AAP exceeded the Australian Food industry which returned 0.7% over the past year.
Return vs Market: AAP exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: AAP is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: Insufficient data to determine AAP's volatility change over the past year.
About the Company
Australian Agricultural Projects Ltd operates and manages olive groves located in Boort, Victoria. It produces and sells extra virgin olive oil. The company was formerly known as Redisland Australia Limited and changed its name to Australian Agricultural Projects Ltd in February 2013.
Australian Agricultural Projects Fundamentals Summary
|AAP fundamental statistics|
Is AAP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AAP income statement (TTM)|
|Cost of Revenue||AU$1.66m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0032|
|Net Profit Margin||29.47%|
How did AAP perform over the long term?See historical performance and comparison
Is Australian Agricultural Projects undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AAP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AAP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AAP is good value based on its PE Ratio (9.4x) compared to the Australian Food industry average (19.2x).
PE vs Market: AAP is good value based on its PE Ratio (9.4x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AAP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AAP is good value based on its PB Ratio (1.2x) compared to the AU Food industry average (1.6x).
How is Australian Agricultural Projects forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Australian Agricultural Projects has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Australian Agricultural Projects performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAP has a large one-off gain of A$327.1K impacting its June 30 2021 financial results.
Growing Profit Margin: AAP became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AAP has become profitable over the past 5 years, growing earnings by -35.3% per year.
Accelerating Growth: AAP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AAP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (45.2%).
Return on Equity
High ROE: AAP's Return on Equity (13%) is considered low.
How is Australian Agricultural Projects's financial position?
Financial Position Analysis
Short Term Liabilities: AAP's short term assets (A$3.7M) exceed its short term liabilities (A$3.0M).
Long Term Liabilities: AAP's short term assets (A$3.7M) do not cover its long term liabilities (A$6.7M).
Debt to Equity History and Analysis
Debt Level: AAP's debt to equity ratio (91.9%) is considered high.
Reducing Debt: AAP's debt to equity ratio has increased from 81.1% to 91.9% over the past 5 years.
Debt Coverage: AAP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AAP's interest payments on its debt are not well covered by EBIT (1.5x coverage).
What is Australian Agricultural Projects's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AAP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AAP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AAP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AAP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AAP's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Paul Robert Challis has been the Managing Director of Australian Agricultural Projects Ltd (formerly Redisland Australia Limited) since September 12, 2007 and serves as its Chief Executive Officer. Mr....
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD119.89K) is below average for companies of similar size in the Australian market ($USD302.06K).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Experienced Board: AAP's board of directors are seasoned and experienced ( 14.1 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Australian Agricultural Projects Ltd's employee growth, exchange listings and data sources
- Name: Australian Agricultural Projects Ltd
- Ticker: AAP
- Exchange: ASX
- Founded: 2003
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$9.151m
- Shares outstanding: 305.04m
- Website: https://www.voopl.com.au
- Australian Agricultural Projects Ltd
- 34 South Road
- Suite 2
- Hampton East
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:01|
|End of Day Share Price||2021/10/18 00:00|
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.