ELD Stock Overview
Elders Limited provides livestock, real estate, and wool agency services to rural and regional customers primarily in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$11.38|
|52 Week High||AU$12.86|
|52 Week Low||AU$9.66|
|1 Month Change||-6.72%|
|3 Month Change||-4.37%|
|1 Year Change||11.02%|
|3 Year Change||72.69%|
|5 Year Change||187.37%|
|Change since IPO||-79.14%|
Recent News & Updates
Are Investors Undervaluing Elders Limited (ASX:ELD) By 34%?
How far off is Elders Limited ( ASX:ELD ) from its intrinsic value? Using the most recent financial data, we'll take a...
Investors Could Be Concerned With Elders' (ASX:ELD) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
|ELD||AU Food||AU Market|
Return vs Industry: ELD exceeded the Australian Food industry which returned -4.3% over the past year.
Return vs Market: ELD exceeded the Australian Market which returned 8.9% over the past year.
|ELD Average Weekly Movement||3.4%|
|Food Industry Average Movement||7.3%|
|Market Average Movement||8.3%|
|10% most volatile stocks in AU Market||15.6%|
|10% least volatile stocks in AU Market||3.7%|
Stable Share Price: ELD is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ELD's weekly volatility (3%) has been stable over the past year.
About the Company
Elders Limited provides livestock, real estate, and wool agency services to rural and regional customers primarily in Australia. It operates through Branch Network, Wholesale Products, Feed and Processing Services, and Corporate Services and Other Costs segments. The company offers rural farm inputs, such as seeds, fertilizers, agricultural chemicals, animal health products, and general rural merchandise, as well as professional production and cropping advisory services; and provides retail services through corporate owned stores and through the Tucker Pet and Produce brand to independently owned member stores.
Elders Fundamentals Summary
|ELD fundamental statistics|
Is ELD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ELD income statement (TTM)|
|Cost of Revenue||AU$2.03b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.95|
|Net Profit Margin||5.88%|
How did ELD perform over the long term?See historical performance and comparison
3.9%Current Dividend Yield
Is Elders undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ELD (A$11.38) is trading below our estimate of fair value (A$13.94)
Significantly Below Fair Value: ELD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ELD is good value based on its PE Ratio (11.9x) compared to the Australian Food industry average (17.5x).
PE vs Market: ELD is good value based on its PE Ratio (11.9x) compared to the Australian market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: ELD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ELD is overvalued based on its PB Ratio (2.3x) compared to the AU Food industry average (1.4x).
How is Elders forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELD's earnings are forecast to decline over the next 3 years (-2.6% per year).
Earnings vs Market: ELD's earnings are forecast to decline over the next 3 years (-2.6% per year).
High Growth Earnings: ELD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ELD's revenue (2.3% per year) is forecast to grow slower than the Australian market (5.2% per year).
High Growth Revenue: ELD's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ELD's Return on Equity is forecast to be low in 3 years time (14.1%).
How has Elders performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELD has high quality earnings.
Growing Profit Margin: ELD's current net profit margins (5.9%) are higher than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: ELD's earnings have grown by 12.3% per year over the past 5 years.
Accelerating Growth: ELD's earnings growth over the past year (21.8%) exceeds its 5-year average (12.3% per year).
Earnings vs Industry: ELD earnings growth over the past year (21.8%) underperformed the Food industry 106.9%.
Return on Equity
High ROE: ELD's Return on Equity (19.8%) is considered low.
How is Elders's financial position?
Financial Position Analysis
Short Term Liabilities: ELD's short term assets (A$1.2B) exceed its short term liabilities (A$923.4M).
Long Term Liabilities: ELD's short term assets (A$1.2B) exceed its long term liabilities (A$95.1M).
Debt to Equity History and Analysis
Debt Level: ELD's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: ELD's debt to equity ratio has reduced from 65% to 19.8% over the past 5 years.
Debt Coverage: ELD's debt is well covered by operating cash flow (92.2%).
Interest Coverage: ELD's interest payments on its debt are well covered by EBIT (20.1x coverage).
What is Elders's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ELD's dividend (3.87%) is higher than the bottom 25% of dividend payers in the Australian market (2.31%).
High Dividend: ELD's dividend (3.87%) is low compared to the top 25% of dividend payers in the Australian market (5.63%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ELD has been paying a dividend for less than 10 years.
Growing Dividend: ELD's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.8%), ELD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ELD's dividends in 3 years are forecast to be covered by earnings (55% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Allison (61 yo)
Mr. Mark Charles Allison, BAgrSc, BEcon, GDM, FAICD, AMP (HBS), has been the Chief Executive Officer and Managing Director of Elders Limited since May 1, 2014 and serves as its Director in December 2009. M...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD2.09M) is above average for companies of similar size in the Australian market ($USD1.36M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Experienced Management: ELD's management team is considered experienced (3.9 years average tenure).
Experienced Board: ELD's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ELD 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.
Elders Limited's employee growth, exchange listings and data sources
- Name: Elders Limited
- Ticker: ELD
- Exchange: ASX
- Founded: 1839
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$1.785b
- Shares outstanding: 156.87m
- Website: https://elders.com.au
Number of Employees
- Elders Limited
- 80 Grenfell Street
- Level 10
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/07 15:59|
|End of Day Share Price||2021/12/07 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.