Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 2/6 |
Past Performance | 1/6 |
Financial Health | 6/6 |
Dividends | 2/6 |
RIC Stock Overview
Ridley Corporation Limited, together with its subsidiaries, provides animal nutrition solutions in Australia.
Ridley Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | AU$1.77 |
52 Week High | AU$1.84 |
52 Week Low | AU$0.99 |
Beta | 0.83 |
1 Month Change | 4.12% |
3 Month Change | 4.43% |
1 Year Change | 56.64% |
3 Year Change | 42.17% |
5 Year Change | 26.43% |
Change since IPO | 195.00% |
Recent News & Updates
Slowing Rates Of Return At Ridley (ASX:RIC) Leave Little Room For Excitement
If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Shareholder Returns
RIC | AU Food | AU Market | |
---|---|---|---|
7D | 0.6% | -1.8% | 1.4% |
1Y | 56.6% | -13.6% | -11.3% |
Return vs Industry: RIC exceeded the Australian Food industry which returned -13.6% over the past year.
Return vs Market: RIC exceeded the Australian Market which returned -11.3% over the past year.
Price Volatility
RIC volatility | |
---|---|
RIC Average Weekly Movement | 5.7% |
Food Industry Average Movement | 6.0% |
Market Average Movement | 9.7% |
10% most volatile stocks in AU Market | 16.3% |
10% least volatile stocks in AU Market | 4.2% |
Stable Share Price: RIC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: RIC's weekly volatility (6%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1987 | 612 | Quinton Hildebrand | https://www.ridley.com.au |
Ridley Corporation Limited, together with its subsidiaries, provides animal nutrition solutions in Australia. It operates in two segments, Packaged Feeds and Ingredients, and Bulk Stockfeeds. The company offers packaged products and supplements, such as bagged poultry, dairy, dog, horse, and lifestyle animal feeds, as well as block and loose lick supplements; aquafeed, which includes extruded and steam pelleted products for various fin fish and prawns; and rendered poultry, red meat, and fish products for the pet food, stockfeed, and aquaculture sectors.
Ridley Fundamentals Summary
RIC fundamental statistics | |
---|---|
Market Cap | AU$565.51m |
Earnings (TTM) | AU$37.42m |
Revenue (TTM) | AU$966.28m |
15.1x
P/E Ratio0.6x
P/S RatioIs RIC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
RIC income statement (TTM) | |
---|---|
Revenue | AU$966.28m |
Cost of Revenue | AU$878.47m |
Gross Profit | AU$87.81m |
Other Expenses | AU$50.39m |
Earnings | AU$37.42m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 0.12 |
Gross Margin | 9.09% |
Net Profit Margin | 3.87% |
Debt/Equity Ratio | 14.7% |
How did RIC perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield46%
Payout RatioValuation
Is RIC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RIC?
Other financial metrics that can be useful for relative valuation.
What is RIC's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | AU$565.51m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 0.6x |
Enterprise Value/EBITDA | 8.9x |
PEG Ratio | 2.4x |
Price to Earnings Ratio vs Peers
How does RIC's PE Ratio compare to its peers?
RIC PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 19.7x | ||
SHV Select Harvests | 24.7x | 33.5% | AU$641.0m |
LGL Lynch Group Holdings | 9.4x | 16.9% | AU$256.3m |
CGC Costa Group Holdings | 33.2x | 18.2% | AU$1.4b |
ELD Elders | 11.4x | -3.2% | AU$2.0b |
RIC Ridley | 15.1x | 6.2% | AU$565.5m |
Price-To-Earnings vs Peers: RIC is good value based on its Price-To-Earnings Ratio (15.1x) compared to the peer average (19.7x).
Price to Earnings Ratio vs Industry
How does RIC's PE Ratio compare vs other companies in the Oceanian Food Industry?
Price-To-Earnings vs Industry: RIC is expensive based on its Price-To-Earnings Ratio (15.1x) compared to the Oceanic Food industry average (14.3x)
Price to Earnings Ratio vs Fair Ratio
What is RIC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 15.1x |
Fair PE Ratio | 18.3x |
Price-To-Earnings vs Fair Ratio: RIC is good value based on its Price-To-Earnings Ratio (15.1x) compared to the estimated Fair Price-To-Earnings Ratio (18.3x).
Share Price vs Fair Value
What is the Fair Price of RIC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: RIC (A$1.77) is trading below our estimate of fair value (A$5.08)
Significantly Below Fair Value: RIC is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: RIC is poor value based on its PEG Ratio (2.4x)
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Future Growth
How is Ridley forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
6.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RIC's forecast earnings growth (6.2% per year) is above the savings rate (1.8%).
Earnings vs Market: RIC's earnings (6.2% per year) are forecast to grow faster than the Australian market (6% per year).
High Growth Earnings: RIC's earnings are forecast to grow, but not significantly.
Revenue vs Market: RIC's revenue (3% per year) is forecast to grow slower than the Australian market (5.2% per year).
High Growth Revenue: RIC's revenue (3% 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 (13.6%).
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Past Performance
How has Ridley performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-12.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RIC has a large one-off gain of A$11.2M impacting its December 31 2021 financial results.
Growing Profit Margin: RIC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RIC's earnings have declined by 12.6% per year over the past 5 years.
Accelerating Growth: RIC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RIC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (50%).
Return on Equity
High ROE: RIC's Return on Equity (12.2%) is considered low.
Discover strong past performing companies
Financial Health
How is Ridley's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: RIC's short term assets (A$237.0M) exceed its short term liabilities (A$201.2M).
Long Term Liabilities: RIC's short term assets (A$237.0M) exceed its long term liabilities (A$53.5M).
Debt to Equity History and Analysis
Debt Level: RIC's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: RIC's debt to equity ratio has reduced from 44% to 14.7% over the past 5 years.
Debt Coverage: RIC's debt is well covered by operating cash flow (182.4%).
Interest Coverage: RIC's interest payments on its debt are well covered by EBIT (11.4x coverage).
Balance Sheet
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Dividend
What is Ridley current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.92%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RIC's dividend (1.92%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.75%).
High Dividend: RIC's dividend (1.92%) is low compared to the top 25% of dividend payers in the Australian market (6.85%).
Stability and Growth of Payments
Stable Dividend: RIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: RIC's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.3%), RIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.8%), RIC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Quinton Hildebrand
2.83yrs
Tenure
AU$1,527,061
Compensation
Mr. Quinton Lance Hildebrand, BSc (AgEcon), MBA, LLB (Hons) LLM (NZ) JSD (Cornell, NY)., serves as Chief Executive Officer, Managing Director and Director of Ridley Corporation Limited since August 26, 201...
CEO Compensation Analysis
Compensation vs Market: Quinton's total compensation ($USD1.06M) is about average for companies of similar size in the Australian market ($USD888.65K).
Compensation vs Earnings: Quinton's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: RIC's management team is considered experienced (2.2 years average tenure).
Board Members
Experienced Board: RIC's board of directors are considered experienced (6.2 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ridley Corporation Limited's 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
- Implied Market Cap: AU$565.506m
- Shares outstanding: 319.49m
- Website: https://www.ridley.com.au
Number of Employees
Location
- Ridley Corporation Limited
- 565 Bourke Street
- Level 4
- Melbourne
- Victoria
- 3000
- Australia
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/27 00:00 |
End of Day Share Price | 2022/06/27 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/06/30 |
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.