Inghams Group Limited, together with its subsidiaries, produces and sells chicken and turkey products in Australia and New Zealand.
Inghams Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.74|
|52 Week High||AU$2.83|
|52 Week Low||AU$4.26|
|1 Month Change||-5.79%|
|3 Month Change||-2.09%|
|1 Year Change||29.41%|
|3 Year Change||-4.84%|
|5 Year Change||n/a|
|Change since IPO||16.15%|
Recent News & Updates
We Think Inghams Group (ASX:ING) Can Stay On Top Of Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Inghams Group (ASX:ING) Is Paying Out A Larger Dividend Than Last Year
Inghams Group Limited ( ASX:ING ) will increase its dividend on the 6th of October to AU$0.09. This will take the...
Earnings Update: Inghams Group Limited (ASX:ING) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
It's been a good week for Inghams Group Limited ( ASX:ING ) shareholders, because the company has just released its...
|ING||AU Food||AU Market|
Return vs Industry: ING exceeded the Australian Food industry which returned 5.6% over the past year.
Return vs Market: ING exceeded the Australian Market which returned 24.4% over the past year.
Stable Share Price: ING is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ING's weekly volatility (4%) has been stable over the past year.
About the Company
Inghams Group Limited, together with its subsidiaries, produces and sells chicken and turkey products in Australia and New Zealand. The company provides, fresh, fresh with flavor, frozen, gluten free, and ready to cook chicken and turkey products under the Ingham’s brand name. It also offers stock feeds for poultry, pig, and dairy industries.
Inghams Group Fundamentals Summary
|ING fundamental statistics|
Is ING overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ING income statement (TTM)|
|Cost of Revenue||AU$2.18b|
Last Reported Earnings
Jun 26, 2021
Next Earnings Date
|Earnings per share (EPS)||0.22|
|Net Profit Margin||3.12%|
How did ING perform over the long term?See historical performance and comparison
4.4%Current Dividend Yield
Is Inghams Group 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: ING (A$3.74) is trading below our estimate of fair value (A$6.04)
Significantly Below Fair Value: ING is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ING is good value based on its PE Ratio (16.7x) compared to the Australian Food industry average (21.3x).
PE vs Market: ING is good value based on its PE Ratio (16.7x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: ING is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: ING is overvalued based on its PB Ratio (8.5x) compared to the AU Food industry average (1.7x).
How is Inghams Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ING's forecast earnings growth (9.5% per year) is above the savings rate (1.9%).
Earnings vs Market: ING's earnings (9.5% per year) are forecast to grow slower than the Australian market (12.4% per year).
High Growth Earnings: ING's earnings are forecast to grow, but not significantly.
Revenue vs Market: ING's revenue (3.4% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: ING's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ING's Return on Equity is forecast to be very high in 3 years time (45.9%).
How has Inghams Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ING has high quality earnings.
Growing Profit Margin: ING's current net profit margins (3.1%) are higher than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: ING's earnings have grown by 5.7% per year over the past 5 years.
Accelerating Growth: ING's earnings growth over the past year (106.9%) exceeds its 5-year average (5.7% per year).
Earnings vs Industry: ING earnings growth over the past year (106.9%) exceeded the Food industry 45.2%.
Return on Equity
High ROE: Whilst ING's Return on Equity (50.92%) is outstanding, this metric is skewed due to their high level of debt.
How is Inghams Group's financial position?
Financial Position Analysis
Short Term Liabilities: ING's short term assets (A$702.4M) do not cover its short term liabilities (A$703.0M).
Long Term Liabilities: ING's short term assets (A$702.4M) do not cover its long term liabilities (A$1.7B).
Debt to Equity History and Analysis
Debt Level: ING's debt to equity ratio (312.7%) is considered high.
Reducing Debt: ING's debt to equity ratio has reduced from 20551.7% to 312.7% over the past 5 years.
Debt Coverage: ING's debt is well covered by operating cash flow (86%).
Interest Coverage: ING's interest payments on its debt are not well covered by EBIT (2.7x coverage).
What is Inghams Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ING's dividend (4.41%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: ING's dividend (4.41%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).
Stability and Growth of Payments
Stable Dividend: ING has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ING's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (73.6%), ING's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ING's dividends in 3 years are forecast to be covered by earnings (67% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Andrew Maxwell Reeves serves as an Executive Director at Inghams Group Limited since March 29, 2021. He serves as Chairman of irexchange Limited (formerly known as Netget Australia Pty Ltd). Mr. Reeves...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD1.51M) is above average for companies of similar size in the Australian market ($USD991.03K).
Compensation vs Earnings: Andrew's compensation has increased by more than 20% in the past year.
Experienced Management: ING's management team is considered experienced (2.1 years average tenure).
Experienced Board: ING's board of directors are considered experienced (3.4 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.
Inghams Group Limited's employee growth, exchange listings and data sources
- Name: Inghams Group Limited
- Ticker: ING
- Exchange: ASX
- Founded: 1918
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$1.418b
- Shares outstanding: 372.10m
- Website: https://www.inghams.com.au
- Inghams Group Limited
- 1 Julius Avenue
- Level 4
- North Ryde
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:02|
|End of Day Share Price||2021/10/26 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.