Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. More Details
Proven track record second-rate dividend payer.
Share Price & News
How has Rural Funds Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RFF is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: RFF's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: RFF exceeded the Australian REITs industry which returned -10.1% over the past year.
Return vs Market: RFF exceeded the Australian Market which returned -1.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Rural Funds Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StRural Funds Group's (ASX:RFF) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
2 months ago | Simply Wall StWhat Kind Of Shareholders Own Rural Funds Group (ASX:RFF)?
3 months ago | Simply Wall StDid You Participate In Any Of Rural Funds Group's (ASX:RFF) Fantastic 153% Return ?
Is Rural Funds Group 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: RFF (A$2.6) is trading below our estimate of fair value (A$3.23)
Significantly Below Fair Value: RFF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RFF is poor value based on its PE Ratio (20.2x) compared to the AU REITs industry average (17.9x).
PE vs Market: RFF is good value based on its PE Ratio (20.2x) compared to the Australian market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: RFF is poor value based on its PEG Ratio (4.9x)
Price to Book Ratio
PB vs Industry: RFF is overvalued based on its PB Ratio (1.6x) compared to the AU REITs industry average (1.1x).
How is Rural Funds Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RFF's forecast earnings growth (4.1% per year) is above the savings rate (2.3%).
Earnings vs Market: RFF's earnings (4.1% per year) are forecast to grow slower than the Australian market (17.8% per year).
High Growth Earnings: RFF's earnings are forecast to grow, but not significantly.
Revenue vs Market: RFF's revenue (4.6% per year) is forecast to grow slower than the Australian market (5% per year).
High Growth Revenue: RFF's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RFF's Return on Equity is forecast to be low in 3 years time (8.1%).
How has Rural Funds Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RFF has a large one-off gain of A$19.4M impacting its June 30 2020 financial results.
Growing Profit Margin: RFF's current net profit margins (60.6%) are higher than last year (53.5%).
Past Earnings Growth Analysis
Earnings Trend: RFF's earnings have grown significantly by 25.9% per year over the past 5 years.
Accelerating Growth: RFF's earnings growth over the past year (38.2%) exceeds its 5-year average (25.9% per year).
Earnings vs Industry: RFF earnings growth over the past year (38.2%) exceeded the REITs industry 6.8%.
Return on Equity
High ROE: RFF's Return on Equity (8.5%) is considered low.
How is Rural Funds Group's financial position?
Financial Position Analysis
Short Term Liabilities: RFF's short term assets (A$76.6M) exceed its short term liabilities (A$22.0M).
Long Term Liabilities: RFF's short term assets (A$76.6M) do not cover its long term liabilities (A$335.0M).
Debt to Equity History and Analysis
Debt Level: RFF's debt to equity ratio (59.6%) is considered high.
Reducing Debt: RFF's debt to equity ratio has reduced from 61.9% to 59.6% over the past 5 years.
Debt Coverage: RFF's debt is not well covered by operating cash flow (13%).
Interest Coverage: RFF's interest payments on its debt are not well covered by EBIT (2.7x coverage).
What is Rural Funds Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RFF's dividend (4.34%) is higher than the bottom 25% of dividend payers in the Australian market (2.06%).
High Dividend: RFF's dividend (4.34%) is low compared to the top 25% of dividend payers in the Australian market (5.1%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, RFF has been paying a dividend for less than 10 years.
Growing Dividend: RFF's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76%), RFF's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RFF's dividends in 3 years are forecast to be covered by earnings (92.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. David Anthony Bryant, also known as John, serves as the Managing Director of Rural Funds Management Limited has been its Director since February 17, 1997. Mr. Bryant is responsible for leading the exec...
|MD & Director of Rural Funds Management Limited||no data||no data||1% |
|Independent Non-Executive Chairman of Rural Funds Management Limited||no data||no data||0.46% |
|Independent Non-Executive Director of Rural Funds Management Limited||10.58yrs||no data||0.063% |
|Independent Non-Executive Director of Rural Funds Management Limited||3.75yrs||no data||0.033% |
Experienced Board: RFF's board of directors are seasoned and experienced ( 10.6 years average tenure).
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 not been meaningfully diluted in the past year.
Rural Funds Group's company bio, employee growth, exchange listings and data sources
- Name: Rural Funds Group
- Ticker: RFF
- Exchange: ASX
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: AU$891.321m
- Shares outstanding: 338.91m
- Website: https://ruralfunds.com.au/rural-funds-group/
- Rural Funds Group
- 2 King Street
- Level 2
- Australian Capital Territory
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RFF||ASX (Australian Securities Exchange)||Yes||Units||AU||AUD||Feb 2014|
|RFF||CHIA (Chi-X Australia)||Yes||Units||AU||AUD||Feb 2014|
|RFND.F||OTCPK (Pink Sheets LLC)||Yes||Units||US||USD||Feb 2014|
Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominan...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 07:05|
|End of Day Share Price||2020/11/27 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.