IH1 Stock Overview

Produces and sells chicken and turkey products under the Ingham’s brand in Australia and New Zealand. More details

IH1 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	5/6
Financial Health	3/6
Dividends	4/6

Rewards

Trading at 82.7% below our estimate of its fair value

Earnings are forecast to grow 5.18% per year

Earnings grew by 64.6% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Inghams Group Limited Competitors

Südwestdeutsche Salzwerke

DB:SSH

€572.7m

FRoSTA

DB:NLM

€419.0m

Südzucker

XTRA:SZU

€2.2b

Schwälbchen Molkerei Jakob Berz

DB:SMB

€58.7m

Price History & Performance

Summary of share price highs, lows and changes for Inghams Group
Historical stock prices
Current Share Price	AU$1.92
52 Week High	AU$2.68
52 Week Low	AU$1.69
Beta	0.33
1 Month Change	-0.52%
3 Month Change	10.98%
1 Year Change	-17.24%
3 Year Change	-13.51%
5 Year Change	-10.28%
Change since IPO	-12.21%

Recent updates

Shareholder Returns

	IH1	DE Food	DE Market
7D	5.5%	2.9%	0.7%
1Y	-17.2%	-13.1%	8.4%

Return vs Industry: IH1 underperformed the German Food industry which returned -12% over the past year.

Return vs Market: IH1 underperformed the German Market which returned 8.4% over the past year.

Price Volatility

Is IH1's price volatile compared to industry and market?
IH1 volatility
IH1 Average Weekly Movement	3.1%
Food Industry Average Movement	3.7%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	12.0%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: IH1 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: IH1's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1918	n/a	Andrew Reeves	www.inghams.com.au

Inghams Group Limited, together with its subsidiaries, produces and sells chicken and turkey products under the Ingham’s brand in Australia and New Zealand. It also offers stock feeds for poultry and pig industries. The company was founded in 1918 and is based in North Ryde, Australia.

Inghams Group Limited Fundamentals Summary

How do Inghams Group's earnings and revenue compare to its market cap?
IH1 fundamental statistics
Market cap	€718.85m
Earnings (TTM)	€61.35m
Revenue (TTM)	€1.97b

11.7x

P/E Ratio

0.4x

P/S Ratio

Is IH1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IH1 income statement (TTM)
Revenue	AU$3.26b
Cost of Revenue	AU$2.64b
Gross Profit	AU$620.90m
Other Expenses	AU$519.40m
Earnings	AU$101.50m

Last Reported Earnings

Jun 29, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.27
Gross Margin	19.03%
Net Profit Margin	3.11%
Debt/Equity Ratio	267.3%

How did IH1 perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

73%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 06:06
End of Day Share Price	2025/01/02 00:00
Earnings	2024/06/29
Annual Earnings	2024/06/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Inghams Group Limited is covered by 18 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jonathan Snape	Bell Potter
Mitchell Hawker	BofA Global Research
Citi Research	Citigroup Inc

IH1 Stock Overview

Rewards

Risk Analysis

Inghams Group Limited Competitors

DB:SSH

€572.7m

DB:NLM

€419.0m

XTRA:SZU

€2.2b

DB:SMB

€58.7m

Price History & Performance

Recent News & Updates

Upcoming dividend of AU$0.08 per share

Investor sentiment deteriorates as stock falls 21%

Final dividend of AU$0.08 announced

Full year 2024 earnings released: EPS: AU$0.27 (vs AU$0.16 in FY 2023)

Inghams Group Limited Announces Dividend for the Six Months Ended June 29, 2024, Payable on October 9, 2024

Inghams Group Limited, Annual General Meeting, Nov 14, 2024

Recent updates

Upcoming dividend of AU$0.08 per share

Investor sentiment deteriorates as stock falls 21%

Final dividend of AU$0.08 announced

Full year 2024 earnings released: EPS: AU$0.27 (vs AU$0.16 in FY 2023)

Inghams Group Limited Announces Dividend for the Six Months Ended June 29, 2024, Payable on October 9, 2024

Inghams Group Limited, Annual General Meeting, Nov 14, 2024

Upcoming dividend of AU$0.12 per share

Investor sentiment deteriorates as stock falls 16%

First half dividend of AU$0.12 announced

First half 2024 earnings released: EPS: AU$0.17 (vs AU$0.046 in 1H 2023)

Inghams Group Limited Announces Board Changes

Inghams Group Limited to Report First Half, 2024 Results on Feb 16, 2024

Investor sentiment improves as stock rises 21%

Inghams Group Limited Provides Earnings Guidance for the First Half Ending 23 December 2023 and Second Half 2024

Inghams Group Limited Announces Retirement of Jackie McArthur as Non-Executive Director, Effective 7 November 2023

Upcoming dividend of AU$0.10 per share at 4.3% yield

Inghams Group Limited Announces Appointment of Margaret (Margie) Haseltine as Non-Executive Director with Effect from 1 September 2023

Investor sentiment improves as stock rises 24%

Inghams Group Limited to Report Fiscal Year 2023 Final Results on Oct 06, 2023

Inghams Group Limited Announces Dividend for the Six Months Ended June 24, 2023, Payable on October 5, 2023

Full year 2023 earnings released: EPS: AU$0.16 (vs AU$0.094 in FY 2022)

Inghams Group Limited Announces Executive Appointments

Insufficient new directors

Upcoming dividend of AU$0.045 per share at 2.2% yield

Inghams Group Limited Announces Fully Franked Ordinary Dividend for the Six Months Ended December 24, 2022, Payable on April 4, 2023

First half 2023 earnings released: EPS: AU$0.046 (vs AU$0.10 in 1H 2022)

Inghams Group Limited Declares Interim Dividend for the Half Year of Fiscal Year 2023

Inghams Group Limited to Report First Half, 2023 Results on Feb 17, 2023

Independent Non-Executive Director recently bought €69k worth of stock

Full year 2022 earnings released: EPS: AU$0.094 (vs AU$0.22 in FY 2021)

Inghams Group Limited, Annual General Meeting, Nov 08, 2022

Inghams Group Limited to Report Fiscal Year 2022 Results on Aug 19, 2022

Non-Executive Director recently bought €46k worth of stock

Non-Executive Director recently bought €46k worth of stock

Independent Non-Executive Director recently bought €50k worth of stock

Upcoming dividend of AU$0.065 per share

Non-Executive Director recently bought €64k worth of stock

Inghams Group Limited Announces Executive Changes

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Inghams Group Limited Elects Helen Nash as Chair-Elect

Upcoming dividend of AU$0.09 per share

Four Reportedly Pluck Up Courage for Hazeldene's Bids

Full year 2021 earnings released: EPS AU$0.22 (vs AU$0.11 in FY 2020)

Ingham, TPG Reportedly Neck and Neck in Hazeldene's Race

Investor sentiment improved over the past week

Inghams Group Limited Provides Earnings Guidance for the Financial Year Ending June 25, 2021

First half 2021 earnings released: EPS AU$0.095 (vs AU$0.071 in 1H 2020)

New 90-day high: €2.28

Inghams Group Limited to Report First Half, 2021 Results on Feb 19, 2021

New 90-day high: €2.08

New 90-day high: €2.00

Ricegrowers Limited (ASX:SGLLV) signed a purchase agreement to acquire the NZ dairy nutrition business of Inghams Group Limited (ASX:ING) for NZD 11.5 million.

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day low: €1.71

Inghams Group Limited to Report Fiscal Year 2020 Results on Aug 21, 2020

Inghams Group Limited Temporarily Closes Plant Thomastown VIC

Shareholder Returns

Price Volatility