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NUF

NufarmASX:NUF Stock Report

Market Cap

AU$1.7b

7D

-4.4%

1Y

10.8%

Updated

30 Nov, 2021

Data

Company Financials +
NUF fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends0/6

NUF Stock Overview

Nufarm Limited, together with its subsidiaries, develops, manufactures, and sells crop protection solutions and seed technologies in Europe, the Middle East, Africa, North America, and the Asia Pacific.

Rewards

Trading at 59.4% below our estimate of its fair value

Earnings are forecast to grow 16.05% per year

Became profitable this year

Risk Analysis

No risks detected for NUF from our risk checks.

Nufarm Competitors

BASF

XTRA:BAS

€53.3b

Bayer

XTRA:BAYN

€44.5b

DuPont de Nemours

NYSE:DD

US$39.9b

Corteva

NYSE:CTVA

US$34.0b

Price History & Performance

Summary of all time highs, changes and price drops for Nufarm
Historical stock prices
Current Share PriceAU$4.60
52 Week HighAU$5.60
52 Week LowAU$3.95
Beta0.55
1 Month Change5.75%
3 Month Change3.37%
1 Year Change10.84%
3 Year Change-26.40%
5 Year Change-47.07%
Change since IPO131.92%

Recent News & Updates

Mar 01
Nufarm Limited (ASX:NUF) On The Verge Of Breaking Even

Nufarm Limited (ASX:NUF) On The Verge Of Breaking Even

We feel now is a pretty good time to analyse Nufarm Limited's ( ASX:NUF ) business as it appears the company may be on...

Shareholder Returns

NUFAU ChemicalsAU Market
7D-4.4%-5.9%-2.3%
1Y10.8%9.1%11.4%

Return vs Industry: NUF exceeded the Australian Chemicals industry which returned 9.1% over the past year.

Return vs Market: NUF matched the Australian Market which returned 11.4% over the past year.

Price Volatility

Is NUF's price volatile compared to industry and market?
NUF volatility
NUF Average Weekly Movement5.7%
Chemicals Industry Average Movement8.9%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.9%
10% least volatile stocks in AU Market3.6%

Stable Share Price: NUF is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: NUF's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19162,383Greg Hunthttps://www.nufarm.com

Nufarm Limited, together with its subsidiaries, develops, manufactures, and sells crop protection solutions and seed technologies in Europe, the Middle East, Africa, North America, and the Asia Pacific. It operates through two segments, Crop Protection and Seed Technology. The company’s protection solutions include herbicides, insecticides, and fungicides that help growers protect crops against weeds, pests, and diseases.

Nufarm Fundamentals Summary

How do Nufarm's earnings and revenue compare to its market cap?
NUF fundamental statistics
Market CapAU$1.69b
Earnings (TTM)AU$57.74m
Revenue (TTM)AU$3.22b

0.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NUF income statement (TTM)
RevenueAU$3.22b
Cost of RevenueAU$2.38b
Gross ProfitAU$834.71m
ExpensesAU$776.97m
EarningsAU$57.74m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin25.96%
Net Profit Margin1.80%
Debt/Equity Ratio42.3%

How did NUF perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

26%

Payout Ratio

Valuation

Is Nufarm undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NUF (A$4.6) is trading below our estimate of fair value (A$11.32)

Significantly Below Fair Value: NUF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate NUF's PE Ratio to determine if it is good value compared to the Australian Chemicals industry average.

PE vs Market: Insufficient data to calculate NUF's PE Ratio to determine if it is good value compared to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NUF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: Insufficient data to calculate NUF's PB Ratio to determine if it is good value.


Future Growth

How is Nufarm forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

16.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NUF's forecast earnings growth (16% per year) is above the savings rate (1.9%).

Earnings vs Market: NUF's earnings (16% per year) are forecast to grow faster than the Australian market (11.8% per year).

High Growth Earnings: NUF's earnings are forecast to grow, but not significantly.

Revenue vs Market: NUF's revenue (1.6% per year) is forecast to grow slower than the Australian market (5.2% per year).

High Growth Revenue: NUF's revenue (1.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NUF's Return on Equity is forecast to be low in 3 years time (5%).


Past Performance

How has Nufarm performed over the past 5 years?

-67.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NUF has high quality earnings.

Growing Profit Margin: NUF became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NUF has become profitable over the past 5 years, growing earnings by -67.8% per year.

Accelerating Growth: NUF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NUF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-51.9%).


Return on Equity

High ROE: NUF's Return on Equity (3.1%) is considered low.


Financial Health

How is Nufarm's financial position?


Financial Position Analysis

Short Term Liabilities: NUF's short term assets (A$2.5B) exceed its short term liabilities (A$1.2B).

Long Term Liabilities: NUF's short term assets (A$2.5B) exceed its long term liabilities (A$1.0B).


Debt to Equity History and Analysis

Debt Level: NUF's net debt to equity ratio (8.2%) is considered satisfactory.

Reducing Debt: NUF's debt to equity ratio has reduced from 67% to 42.3% over the past 5 years.

Debt Coverage: NUF's debt is well covered by operating cash flow (47.3%).

Interest Coverage: NUF's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Dividend

What is Nufarm current dividend yield, its reliability and sustainability?

0.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NUF's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.33%).

High Dividend: NUF's dividend (0.87%) is low compared to the top 25% of dividend payers in the Australian market (5.64%).


Stability and Growth of Payments

Stable Dividend: NUF is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.

Growing Dividend: NUF is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: NUF is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NUF'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?

3.3yrs

Average management tenure


CEO

Greg Hunt (62 yo)

6.5yrs

Tenure

AU$2,571,792

Compensation

Mr. Gregory Allan Hunt, also known as Greg, Grad. Dip., Mgmnt, AMP Harvard, AICD, REBA, has been the Chief Executive Officer and Managing Director of Nufarm Limited since May 05, 2015. Mr. Hunt serves as M...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD1.83M) is above average for companies of similar size in the Australian market ($USD1.37M).

Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: NUF's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: NUF's board of directors are considered experienced (6.5 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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Nufarm Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Nufarm Limited
  • Ticker: NUF
  • Exchange: ASX
  • Founded: 1916
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: AU$1.687b
  • Shares outstanding: 379.91m
  • Website: https://www.nufarm.com

Number of Employees


Location

  • Nufarm Limited
  • 103-105 Pipe Road
  • Laverton North
  • Victoria
  • 3026
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 09:15
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


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.