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CRP

Ceres Global Ag TSX:CRP Stock Report

Last Price

CA$4.85

Market Cap

CA$145.8m

7D

-5.5%

1Y

7.8%

Updated

19 May, 2022

Data

Company Financials
CRP fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends0/6

CRP Stock Overview

Ceres Global Ag Corp. procures and provides agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics and storage services worldwide.

Ceres Global Ag Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Ceres Global Ag
Historical stock prices
Current Share PriceCA$4.85
52 Week HighCA$5.98
52 Week LowCA$4.31
Beta-0.58
1 Month Change-6.19%
3 Month Change3.19%
1 Year Change7.78%
3 Year Change14.66%
5 Year Change-9.01%
Change since IPO-58.86%

Recent News & Updates

Mar 01
Investors Will Want Ceres Global Ag's (TSE:CRP) Growth In ROCE To Persist

Investors Will Want Ceres Global Ag's (TSE:CRP) Growth In ROCE To Persist

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...

Shareholder Returns

CRPCA Consumer RetailingCA Market
7D-5.5%-3.3%2.7%
1Y7.8%24.6%4.6%

Return vs Industry: CRP underperformed the Canadian Consumer Retailing industry which returned 26.5% over the past year.

Return vs Market: CRP exceeded the Canadian Market which returned 4.8% over the past year.

Price Volatility

Is CRP's price volatile compared to industry and market?
CRP volatility
CRP Average Weekly Movement6.7%
Consumer Retailing Industry Average Movement4.7%
Market Average Movement9.8%
10% most volatile stocks in CA Market16.8%
10% least volatile stocks in CA Market4.3%

Stable Share Price: CRP is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CRP's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007193Robert Dayhttps://ceresglobalagcorp.com

Ceres Global Ag Corp. procures and provides agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics and storage services worldwide. The company operates through Grain; Supply Chain Services; and Seed and Processing segments. It engages in the procurement, storage, handling, trading, and merchandising of commodity and specialty grains and oilseeds, such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses through 10 grain storage and handling facilities in Minnesota, Manitoba, Saskatchewan, and Ontario.

Ceres Global Ag Fundamentals Summary

How do Ceres Global Ag's earnings and revenue compare to its market cap?
CRP fundamental statistics
Market CapUS$113.85m
Earnings (TTM)US$25.45m
Revenue (TTM)US$979.72m

4.6x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRP income statement (TTM)
RevenueUS$979.72m
Cost of RevenueUS$918.78m
Gross ProfitUS$60.94m
Other ExpensesUS$35.49m
EarningsUS$25.45m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.83
Gross Margin6.22%
Net Profit Margin2.60%
Debt/Equity Ratio78.1%

How did CRP perform over the long term?

See historical performance and comparison

Valuation

Is Ceres Global Ag undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


4.58x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CRP's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CRP's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: CRP is good value based on its PE Ratio (4.6x) compared to the Canadian Consumer Retailing industry average (14.1x).

PE vs Market: CRP is good value based on its PE Ratio (4.6x) compared to the Canadian market (11.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CRP is good value based on its PB Ratio (0.7x) compared to the CA Consumer Retailing industry average (2.5x).


Future Growth

How is Ceres Global Ag forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


2.7%

Forecasted Consumer Retailing 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 Ceres Global Ag 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.


Past Performance

How has Ceres Global Ag performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


70.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CRP has high quality earnings.

Growing Profit Margin: CRP's current net profit margins (2.6%) are higher than last year (0.1%).


Past Earnings Growth Analysis

Earnings Trend: CRP has become profitable over the past 5 years, growing earnings by 70% per year.

Accelerating Growth: CRP's earnings growth over the past year (2936.6%) exceeds its 5-year average (70% per year).

Earnings vs Industry: CRP earnings growth over the past year (2936.6%) exceeded the Consumer Retailing industry 10.7%.


Return on Equity

High ROE: CRP's Return on Equity (14.8%) is considered low.


Financial Health

How is Ceres Global Ag's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CRP's short term assets ($233.8M) exceed its short term liabilities ($173.8M).

Long Term Liabilities: CRP's short term assets ($233.8M) exceed its long term liabilities ($49.9M).


Debt to Equity History and Analysis

Debt Level: CRP's net debt to equity ratio (75.3%) is considered high.

Reducing Debt: CRP's debt to equity ratio has increased from 52.6% to 78.1% over the past 5 years.

Debt Coverage: CRP's debt is not well covered by operating cash flow (10.7%).

Interest Coverage: CRP's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet


Dividend

What is Ceres Global Ag current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CRP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CRP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CRP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CRP's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CRP has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Robert Day

5.92yrs

Tenure

US$561,833

Compensation

Mr. Robert W. Day has been Chief Executive Officer and President of Ceres Global Ag Corp. since September 22, 2016 and June 1, 2016 respectively. He served as an Interim Chief Executive Officer at Ceres Gl...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD561.83K) is above average for companies of similar size in the Canadian market ($USD168.33K).

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


Leadership Team

Experienced Management: CRP's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: CRP's board of directors are considered experienced (5.5 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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ceres Global Ag Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Ceres Global Ag Corp.
  • Ticker: CRP
  • Exchange: TSX
  • Founded: 2007
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Implied Market Cap: CA$145.841m
  • Shares outstanding: 30.80m
  • Website: https://ceresglobalagcorp.com

Number of Employees


Location

  • Ceres Global Ag Corp.
  • 701 Xenia Avenue South
  • Suite 400
  • Minneapolis
  • Minnesota
  • 55416
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


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.