Agricultural Land Trust engages in the investment and rental of rural properties in Australia.
Undervalued with proven track record.
Share Price & News
How has Agricultural Land Trust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AGJ's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AGJ exceeded the Australian REITs industry which returned -37% over the past year.
Return vs Market: AGJ exceeded the Australian Market which returned -22.8% over the past year.
Price Volatility Vs. Market
How volatile is Agricultural Land Trust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWhat Kind Of Shareholders Own Agricultural Land Trust (ASX:AGJ)?
5 months ago | Simply Wall StCould Agricultural Land Trust's (ASX:AGJ) Investor Composition Influence The Stock Price?
9 months ago | Simply Wall StInvestors Who Bought Agricultural Land Trust (ASX:AGJ) Shares Five Years Ago Are Now Down 56%
Is Agricultural Land Trust 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: AGJ (A$0.03) is trading below our estimate of fair value (A$0.89)
Significantly Below Fair Value: AGJ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AGJ is good value based on its PE Ratio (0.2x) compared to the REITs industry average (9.2x).
PE vs Market: AGJ is good value based on its PE Ratio (0.2x) compared to the Australian market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AGJ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AGJ is good value based on its PB Ratio (0.1x) compared to the AU REITs industry average (0.8x).
How is Agricultural Land Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Agricultural Land Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Agricultural Land Trust is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Agricultural Land Trust competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Agricultural Land Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGJ has a large one-off gain of A$13.5M impacting its December 31 2019 financial results.
Growing Profit Margin: AGJ's current net profit margins are higher than last year (29.9%).
Past Earnings Growth Analysis
Earnings Trend: AGJ's earnings have grown significantly by 55.7% per year over the past 5 years.
Accelerating Growth: AGJ's earnings growth over the past year (1619.8%) exceeds its 5-year average (55.7% per year).
Earnings vs Industry: AGJ earnings growth over the past year (1619.8%) exceeded the REITs industry 1.7%.
Return on Equity
High ROE: Whilst AGJ's Return on Equity (59.22%) is outstanding, this metric is skewed due to their high level of debt.
How is Agricultural Land Trust's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: AGJ has a high level of physical assets or inventory.
Debt Coverage by Assets: AGJ's debt is not covered by short term assets (assets are 0.8x debt).
Financial Institutions Analysis
Asset Level: AGJ's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if AGJ has a sufficient allowance for bad loans.
Low Risk Liabilities: AGJ reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if AGJ has an acceptable proportion of non-loan assets held.
Low Risk Deposits: AGJ has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if AGJ has an appropriate level of bad loans.
What is Agricultural Land Trust's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AGJ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AGJ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AGJ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AGJ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AGJ is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AGJ's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Agricultural Land Trust has no CEO, or we have no data on them.
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 been diluted in the past year, with total shares outstanding growing by 2.3%.
Agricultural Land Trust's company bio, employee growth, exchange listings and data sources
- Name: Agricultural Land Trust
- Ticker: AGJ
- Exchange: ASX
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: AU$2.535m
- Shares outstanding: 97.51m
- Website: https://www.agriculturallandtrust.com.au
- Agricultural Land Trust
- 20 Hunter Street
- Level 11
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AGJ||ASX (Australian Securities Exchange)||Yes||Trust Units||AU||AUD||Apr 2003|
Agricultural Land Trust engages in the investment and rental of rural properties in Australia. The company is based in Adelaide, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 10:33|
|End of Day Share Price||2020/03/27 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.