Rural Funds Group (CHIA:RFF) - Stock Price, News & Analysis

RFF Stock Overview

An agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. More details

RFF fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	1/6
Financial Health	1/6
Dividends	5/6

Rewards

Trading at 32.5% below our estimate of its fair value

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 7.2% per year for the next 3 years

Large one-off items impacting financial results

Profit margins (74%) are lower than last year

+ 1 more risk

Rural Funds Group Competitors

Arena REIT

ASX:ARF

AU$1.6b

Abacus Storage King

ASX:ASK

AU$1.6b

Hotel Property Investments

ASX:HPI

AU$712.6m

HealthCo Healthcare and Wellness REIT

ASX:HCW

AU$634.6m

Price History & Performance

Summary of all time highs, changes and price drops for Rural Funds Group
Historical stock prices
Current Share Price	AU$1.90
52 Week High	AU$2.22
52 Week Low	AU$1.84
Beta	0.65
11 Month Change	-1.94%
3 Month Change	-9.21%
1 Year Change	-0.65%
33 Year Change	-35.90%
5 Year Change	0.66%
Change since IPO	82.45%

Recent updates

Shareholder Returns

	RFF	AU Specialized REITs	AU Market
7D	0.9%	1.0%	1.4%
1Y	-0.7%	13.7%	17.7%

Return vs Industry: RFF underperformed the Australian Specialized REITs industry which returned 11.6% over the past year.

Return vs Market: RFF underperformed the Australian Market which returned 16.9% over the past year.

Price Volatility

Is RFF's price volatile compared to industry and market?
RFF volatility
RFF Average Weekly Movement	1.9%
Specialized REITs Industry Average Movement	2.7%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: RFF has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: RFF's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	John Bryant	ruralfunds.com.au/rural-funds-group/

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 predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties.

Rural Funds Group Fundamentals Summary

How do Rural Funds Group's earnings and revenue compare to its market cap?
RFF fundamental statistics
Market cap	AU$738.53m
Earnings (TTM)	AU$83.25m
Revenue (TTM)	AU$112.50m

8.9x

P/E Ratio

6.6x

P/S Ratio

Is RFF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RFF income statement (TTM)
Revenue	AU$112.50m
Cost of Revenue	AU$34.46m
Gross Profit	AU$78.04m
Other Expenses	-AU$5.20m
Earnings	AU$83.25m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.21
Gross Margin	69.37%
Net Profit Margin	74.00%
Debt/Equity Ratio	73.5%

How did RFF perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

47%

Payout Ratio

RFF Stock Overview

Rewards

Risk Analysis

Rural Funds Group Competitors

ASX:ARF

AU$1.6b

ASX:ASK

AU$1.6b

ASX:HPI

AU$712.6m

ASX:HCW

AU$634.6m

Price History & Performance

Recent News & Updates

Upcoming dividend of AU$0.029 per share

Fourth quarter dividend of AU$0.029 announced

New major risk - Dividend sustainability

Full year 2024 earnings released: EPS: AU$0.21 (vs AU$0.29 in FY 2023)

Rural Funds Group to Report Fiscal Year 2024 Results on Aug 23, 2024

Upcoming dividend of AU$0.029 per share

Recent updates

Upcoming dividend of AU$0.029 per share

Fourth quarter dividend of AU$0.029 announced

New major risk - Dividend sustainability

Full year 2024 earnings released: EPS: AU$0.21 (vs AU$0.29 in FY 2023)

Rural Funds Group to Report Fiscal Year 2024 Results on Aug 23, 2024

Upcoming dividend of AU$0.029 per share

Dividend of AU$0.029 announced

Upcoming dividend of AU$0.029 per share

Dividend of AU$0.029 announced

First half 2024 earnings released: FFO per share: AU$0.1 (vs AU$0.15 in 1H 2023)

Rural Funds Group to Report First Half, 2024 Results on Feb 23, 2024

Now 20% undervalued

Rural Funds Group Announces Estimated Dividend for the Quarter Ended December 31, 2023, Payable on January 31, 2024

Upcoming dividend of AU$0.029 per share at 5.6% yield

Rural Funds Group Announces Actual Ordinary Dividend for the Quarter Ending September 30, 2023, Payable on October 31, 2023

Key Executive recently bought AU$551k worth of stock

Upcoming dividend of AU$0.029 per share at 6.1% yield

Rural Funds Group Announces Ordinary Dividend for the Quarter Ending September 30, 2023, Payable on October 31, 2023

Now 20% undervalued

Full year 2023 earnings released

Rural Funds Group to Report Fiscal Year 2023 Results on Aug 24, 2023

Now 21% undervalued

Upcoming dividend of AU$0.029 per share at 6.8% yield

Rural Funds Group Announces Ordinary Dividend for the Quarter Ending June 30, 2023, Payable on July 31, 2023

Now 22% undervalued after recent price drop

Key Executive recently bought AU$504k worth of stock

First half 2023 earnings released: EPS: AU$0.14 (vs AU$0.094 in 1H 2022)

Rural Funds Group to Report First Half, 2023 Results on Feb 22, 2023

Upcoming dividend of AU$0.029 per share

Rural Funds Group Announces Ordinary Dividend for the Quarter Ending December 31, 2022, Payable on January 31, 2023

Upcoming dividend of AU$0.029 per share

Key Executive recently bought AU$998k worth of stock

Rural Funds Group Declares Dividend for the Quarter Ended September 30, 2022, Payable on October 31, 2022

Full year 2022 earnings released

Rural Funds Group Provides Distribution Guidance for the Fiscal Year 2023

Rural Funds Group to Report Fiscal Year 2022 Results on Aug 31, 2022

Rural Funds Group Declares Dividend for the Quarter Ended June 30, 2022, Payable on July 29, 2022

Upcoming dividend of AU$0.029 per share

Rural Funds Group Announces Dividend for Quarter Ended June 30, 2022

Rural Funds Group Declares Quarterly Dividend for the Quarter Ending March 31, 2022, Payable on April 29, 2022

Upcoming dividend of AU$0.029 per share

Rural Funds Group Declares Quarterly Dividend for the Quarter Ending March 31, 2022, Payable on April 29, 2022

Key Executive recently bought AU$521k worth of stock

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Rural Funds Group Provides Forecast Distributions for Fiscal Year 2022

Rural Funds Group to Report First Half, 2022 Results on Feb 18, 2022

High number of new directors

Upcoming dividend of AU$0.029 per share

Upcoming dividend of AU$0.029 per share

Full year 2021 earnings released: EPS AU$0.35 (vs AU$0.13 in FY 2020)

Upcoming dividend of AU$0.028 per share

Rural Funds Group Announces Dividend for the Period Ending June 30, 2021, Payable on July 30, 2021

Upcoming dividend of AU$0.028 per share

First half 2021 earnings released: FFO AU$0.08 per share (vs AU$0.084 in 1H 2020)

New 90-day low: AU$2.43

Rural Funds Group to Report First Half, 2021 Results on Feb 18, 2021

New 90-day high: AU$2.71

Upcoming Dividend of AU$0.028 Per Share

New 90-day high: AU$2.47