OFEX:AFRI

Stock Analysis Report

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Executive Summary

AfriAg Global plc intends to invest in agriculture, logistics, and medicinal cannabis sector projects and assets primarily in Africa, Europe, the United Kingdom, and the Middle East. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has AfriAg Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AFRI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

AFRI

0.3%

GB Capital Markets

0.1%

GB Market


1 Year Return

-27.8%

AFRI

2.1%

GB Capital Markets

-13.1%

GB Market

Return vs Industry: AFRI underperformed the UK Capital Markets industry which returned -1.6% over the past year.

Return vs Market: AFRI underperformed the UK Market which returned -15.4% over the past year.


Shareholder returns

AFRIIndustryMarket
7 Day0%0.3%0.1%
30 Day-3.7%-2.4%-2.2%
90 Day52.9%0.1%-4.2%
1 Year-27.8%-27.8%5.6%2.1%-9.8%-13.1%
3 Year-75.5%-75.5%23.1%8.3%-8.6%-19.5%
5 Year-84.3%-84.3%69.1%38.2%15.9%-9.7%

Price Volatility Vs. Market

How volatile is AfriAg Global's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

2.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AFRI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AFRI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AFRI is unprofitable, so we can't compare its PE Ratio to the GB Capital Markets industry average.

PE vs Market: AFRI is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AFRI is overvalued based on its PB Ratio (3x) compared to the GB Capital Markets industry average (1.1x).


Next Steps

Future Growth

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

17.6%

Forecasted Diversified Financials 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 AfriAg Global 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.


Next Steps

Past Performance

How has AfriAg Global performed over the past 5 years?

-69.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AFRI is currently unprofitable.

Growing Profit Margin: AFRI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AFRI is unprofitable, and losses have increased over the past 5 years at a rate of 69.1% per year.

Accelerating Growth: Unable to compare AFRI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AFRI is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (0.3%).


Return on Equity

High ROE: AFRI has a negative Return on Equity (-354.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is AfriAg Global's financial position?


Financial Position Analysis

Short Term Liabilities: AFRI's short term assets (£1.3M) exceed its short term liabilities (£561.0K).

Long Term Liabilities: AFRI has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AFRI is debt free.

Reducing Debt: AFRI has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: AFRI has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: AFRI has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 9.1% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AFRI'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 AFRI's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AFRI's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

7.9yrs

Average board tenure


CEO

AfriAg Global has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
David Lenigas
Executive Chairman4.25yrsUK£36.00k4.45%
£ 91.7k
Nigel Pitts
Chairman of Cariescan's Scientific Advisory Boardno datano datano data
Donald Ian Layman Strang
Non-Executive Director7.92yrsUK£36.00k1.26%
£ 26.0k
Hamish Harris
Non-Executive Director7.92yrsUK£36.00k1.26%
£ 26.0k

7.9yrs

Average Tenure

55.5yo

Average Age

Experienced Board: AFRI's board of directors are considered experienced (7.9 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.3%.


Top Shareholders

Company Information

AfriAg Global plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AfriAg Global plc
  • Ticker: AFRI
  • Exchange: OFEX
  • Founded: 2008
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: UK£2.061m
  • Shares outstanding: 31.71m
  • Website: https://www.afriagglobal.com

Location

  • AfriAg Global plc
  • 7-9 Swallow Street
  • 2nd Floor
  • London
  • Greater London
  • W1B 4DE
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AFRIOFEX (ICAP Securities & Derivatives Exchange (ISDX))YesOrdinary SharesGBGBPApr 2009

Biography

AfriAg Global plc intends to invest in agriculture, logistics, and medicinal cannabis sector projects and assets primarily in Africa, Europe, the United Kingdom, and the Middle East. The company was former ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 19:39
End of Day Share Price2020/09/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.