Market Cap
AU$257.0m
Last Updated
2020/10/21 10:35 UTC
Data Sources
Company Financials +
Executive Summary
Ridley Corporation Limited, together with its subsidiaries, provides animal nutrition solutions in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and fair value.
Share Price & News
How has Ridley's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RIC has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-5.4%
RIC
-1.2%
AU Food
0.3%
AU Market
1 Year Return
-24.6%
RIC
-3.1%
AU Food
-5.4%
AU Market
Return vs Industry: RIC underperformed the Australian Food industry which returned -3.1% over the past year.
Return vs Market: RIC underperformed the Australian Market which returned -5.7% over the past year.
Shareholder returns
| RIC | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.4% | -1.2% | 0.3% |
| 30 Day | 2.6% | 3.7% | 6.3% |
| 90 Day | 6.0% | 5.1% | 3.7% |
| 1 Year | -23.2%-24.6% | -0.5%-3.1% | -2.1%-5.4% |
| 3 Year | -36.8%-42.0% | -12.8%-19.4% | 18.3%3.3% |
| 5 Year | -31.0%-40.4% | 16.8%2.3% | 43.1%14.0% |
Price Volatility Vs. Market
How volatile is Ridley's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
We're Watching These Trends At Ridley (ASX:RIC)4 weeks ago | Simply Wall St
Ridley's (ASX:RIC) Shareholders Are Down 42% On Their SharesValuation
Is Ridley undervalued compared to its fair value and its price relative to the market?
28.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RIC (A$0.8) is trading below our estimate of fair value (A$1.11)
Significantly Below Fair Value: RIC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RIC is unprofitable, so we can't compare its PE Ratio to the AU Food industry average.
PE vs Market: RIC is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RIC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RIC is good value based on its PB Ratio (1x) compared to the AU Food industry average (1.3x).
Next Steps
Future Growth
How is Ridley forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
37.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RIC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: RIC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RIC's is expected to become profitable in the next 3 years.
Revenue vs Market: RIC's revenue (5.2% per year) is forecast to grow faster than the Australian market (4.7% per year).
High Growth Revenue: RIC's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RIC's Return on Equity is forecast to be low in 3 years time (9.1%).
Next Steps
Past Performance
How has Ridley performed over the past 5 years?
-23.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RIC is currently unprofitable.
Growing Profit Margin: RIC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RIC is unprofitable, and losses have increased over the past 5 years at a rate of 23.4% per year.
Accelerating Growth: Unable to compare RIC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RIC is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-9.4%).
Return on Equity
High ROE: RIC has a negative Return on Equity (-3.3%), as it is currently unprofitable.
Next Steps
Financial Health
How is Ridley's financial position?
Financial Position Analysis
Short Term Liabilities: RIC's short term assets (A$262.2M) do not cover its short term liabilities (A$379.9M).
Long Term Liabilities: RIC's short term assets (A$262.2M) exceed its long term liabilities (A$5.2M).
Debt to Equity History and Analysis
Debt Level: RIC's debt to equity ratio (92.7%) is considered high.
Reducing Debt: RIC's debt to equity ratio has increased from 47.5% to 92.7% over the past 5 years.
Debt Coverage: RIC's debt is not well covered by operating cash flow (9.7%).
Interest Coverage: RIC is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Ridley current dividend yield, its reliability and sustainability?
6.72%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RIC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RIC'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 RIC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RIC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RIC is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RIC'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?
1.0yrs
Average management tenure
CEO
Quinton Hildebrand
1.17yrs
Tenure
AU$913,413
Compensation
Mr. Quinton Lance Hildebrand, BSc (AgEcon), MBA, LLB (Hons) LLM (NZ) JSD (Cornell, NY)., serves as Chief Executive Officer, Managing Director and Director of Ridley Corporation Limited since August 26, 201 ...
CEO Compensation Analysis
Compensation vs Market: Quinton's total compensation ($USD644.16K) is about average for companies of similar size in the Australian market ($USD509.79K).
Compensation vs Earnings: Insufficient data to compare Quinton's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 1.17yrs | AU$913.41k | 0.017% A$ 42.5k | |
| CFO & Company Secretary | 11.5yrs | AU$745.40k | 0.27% A$ 696.7k | |
| General Manager of Aquafeed | 0.50yr | AU$307.47k | no data | |
| General Manager of People | 0.92yr | no data | no data | |
| Chief Operating Officer of Stockfeed | no data | no data | no data |
1.0yrs
Average Tenure
Experienced Management: RIC's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 1.17yrs | AU$913.41k | 0.017% A$ 42.5k | |
| Non Executive Director | 7.33yrs | AU$87.55k | no data | |
| Independent Non-Executive Director | 0.17yr | no data | no data | |
| Independent Non-Executive Director | 4.5yrs | AU$187.74k | 0.025% A$ 63.8k | |
| Independent Non Executive Director | 12.58yrs | AU$97.85k | 0.031% A$ 79.7k | |
| Independent Non Executive Director | 10.33yrs | AU$97.85k | 0.026% A$ 66.9k | |
| Independent Non-Executive Chairman of the Board | 0.17yr | no data | no data |
4.5yrs
Average Tenure
55yo
Average Age
Experienced Board: RIC's board of directors are considered experienced (4.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RIC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Top Shareholders
Company Information
Ridley Corporation Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ridley Corporation Limited
- Ticker: RIC
- Exchange: ASX
- Founded: 1987
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$256.976m
- Shares outstanding: 319.22m
- Website: https://www.ridley.com.au
Number of Employees
Location
- Ridley Corporation Limited
- 565 Bourke Street
- Level 4
- Melbourne
- Victoria
- 3000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RIDY.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| RIC | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| RIC | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| RI6 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
Biography
Ridley Corporation Limited, together with its subsidiaries, provides animal nutrition solutions in Australia. The company offers animal nutrition feed in packaged form from 10 – 30 kg bags; monogastric and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/21 10:35 |
| End of Day Share Price | 2020/10/21 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.