How does AAP's PS Ratio compare to its peers?

AAP is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (5.1x).

How does AAP's PS Ratio compare vs other companies in the AU Food Industry?

AAP is expensive based on its Price-To-Sales Ratio (1.9x) compared to the Australian Food industry average (0.9x).

What is AAP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate AAP's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of AAP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

AAP (A$0.02) is trading below our estimate of [[fair value]] (A$0.07)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Australian Agricultural Projects CHIA:AAP Stock Report

Last Price

AU$0.021

Market Cap

AU$4.9m

7D

0%

1Y

n/a

Updated

26 Feb, 2023

Data

Company Financials

Australian Agricultural Projects Ltd

CHIA:AAP Stock Report

Market Cap: AU$4.9m

AAP Stock Overview

Operates and manages olive groves in Boort, Victoria. More details

AAP fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 69% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (A$5M)

Shares are highly illiquid

Does not have meaningful revenue (A$3M)

My Notes

Capture your thoughts, links and company narrative

Australian Agricultural Projects Ltd Competitors

Duxton Farms

ASX:DBF

AU$56.4m

Wingara

ASX:WNR

AU$1.6m

Australian Dairy Nutritionals

ASX:AHF

AU$39.4m

Beston Global Food

ASX:BFC

AU$6.0m

Price History & Performance

Summary of share price highs, lows and changes for Australian Agricultural Projects
Historical stock prices
Current Share Price	AU$0.021
52 Week High	AU$0.021
52 Week Low	AU$0.02
Beta	1.47
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	37.51%

Recent News & Updates

Recent updates

Shareholder Returns

	AAP	AU Food	AU Market
7D	0%	-0.6%	-2.7%
1Y	n/a	8.6%	6.5%

Return vs Industry: Insufficient data to determine how AAP performed against the Australian Food industry.

Return vs Market: Insufficient data to determine how AAP performed against the Australian Market.

Price Volatility

Is AAP's price volatile compared to industry and market?
AAP volatility
AAP Average Weekly Movement	n/a
Food Industry Average Movement	7.5%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: AAP has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine AAP's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2003	n/a	Paul Challis	www.voopl.com.au

Australian Agricultural Projects Ltd operates and manages olive groves 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 Ltd Fundamentals Summary

How do Australian Agricultural Projects's earnings and revenue compare to its market cap?
AAP fundamental statistics
Market cap	AU$4.88m
Earnings (TTM)	-AU$246.59k
Revenue (TTM)	AU$2.63m

1.9x

P/S Ratio

-19.8x

P/E Ratio

Is AAP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AAP income statement (TTM)
Revenue	AU$2.63m
Cost of Revenue	AU$2.04m
Gross Profit	AU$595.72k
Other Expenses	AU$842.31k
Earnings	-AU$246.59k

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.00081
Gross Margin	22.63%
Net Profit Margin	-9.37%
Debt/Equity Ratio	81.1%

How did AAP perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/02/26 09:05
End of Day Share Price	2022/11/29 00:00
Earnings	2022/06/30
Annual Earnings	2022/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Australian Agricultural Projects Ltd is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution