Adecoagro S.A.

LSE:0DWL Stock Report

Market Cap: US$1.1b

Adecoagro Valuation

Is 0DWL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0DWL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0DWL ($10.85) is trading below our estimate of fair value ($78.27)

Significantly Below Fair Value: 0DWL is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0DWL?

Key metric: As 0DWL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0DWL. This is calculated by dividing 0DWL's market cap by their current earnings.
What is 0DWL's PE Ratio?
PE Ratio6.8x
EarningsUS$158.52m
Market CapUS$1.08b

Price to Earnings Ratio vs Peers

How does 0DWL's PE Ratio compare to its peers?

The above table shows the PE ratio for 0DWL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.4x
HFG Hilton Food Group
17.4x10.5%UK£807.3m
BAKK Bakkavor Group
12.5x11.2%UK£801.0m
GNC Greencore Group
16.4x10.7%UK£858.3m
PFD Premier Foods
15.2x6.3%UK£1.7b
0DWL Adecoagro
6.8x-15.3%US$1.1b

Price-To-Earnings vs Peers: 0DWL is good value based on its Price-To-Earnings Ratio (6.8x) compared to the peer average (15.4x).

Price to Earnings Ratio vs Industry

How does 0DWL's PE Ratio compare vs other companies in the European Food Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0DWL 6.8xIndustry Avg. 13.4xNo. of Companies19PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0DWL is good value based on its Price-To-Earnings Ratio (6.8x) compared to the European Food industry average (13.4x).

Price to Earnings Ratio vs Fair Ratio

What is 0DWL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0DWL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.8x
Fair PE Ratio10.4x

Price-To-Earnings vs Fair Ratio: 0DWL is good value based on its Price-To-Earnings Ratio (6.8x) compared to the estimated Fair Price-To-Earnings Ratio (10.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0DWL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$10.85
US$13.43
+23.8%
15.5%US$17.00US$10.50n/a7
Nov ’25US$11.36
US$13.29
+17.0%
14.8%US$17.00US$10.50n/a7
Oct ’25US$11.38
US$13.25
+16.4%
15.5%US$17.00US$10.50n/a6
Sep ’25US$11.06
US$13.67
+23.6%
16.5%US$17.00US$10.50n/a6
Aug ’25US$9.48
US$13.67
+44.2%
16.5%US$17.00US$10.50n/a6
Jul ’25US$10.00
US$13.54
+35.5%
18.0%US$17.00US$9.75n/a6
Jun ’25US$9.81
US$13.25
+35.1%
17.7%US$17.00US$9.75n/a7
May ’25US$10.81
US$13.25
+22.6%
17.7%US$17.00US$9.75n/a7
Apr ’25US$11.07
US$12.82
+15.8%
17.6%US$17.00US$9.75n/a7
Mar ’25US$10.15
US$12.82
+26.3%
17.6%US$17.00US$9.75n/a7
Feb ’25US$10.36
US$12.82
+23.8%
17.6%US$17.00US$9.75n/a7
Jan ’25US$11.10
US$12.96
+16.8%
17.7%US$17.00US$9.75n/a7
Dec ’24US$11.21
US$12.82
+14.4%
16.4%US$17.00US$9.75n/a7
Nov ’24US$10.70
US$12.61
+17.8%
18.2%US$17.00US$9.75US$11.367
Oct ’24US$11.75
US$12.18
+3.6%
19.7%US$17.00US$9.75US$11.387
Sep ’24US$11.57
US$10.96
-5.2%
14.0%US$13.00US$9.00US$11.067
Aug ’24US$10.90
US$10.84
-0.6%
15.9%US$13.00US$8.10US$9.487
Jul ’24US$9.29
US$10.26
+10.5%
15.3%US$13.00US$8.10US$10.007
Jun ’24US$8.78
US$10.26
+16.9%
15.3%US$13.00US$8.10US$9.817
May ’24US$8.41
US$10.09
+20.0%
16.2%US$13.00US$8.40US$10.817
Apr ’24US$8.08
US$10.81
+33.8%
24.3%US$15.50US$7.20US$11.077
Mar ’24US$8.22
US$10.81
+31.6%
24.3%US$15.50US$7.20US$10.157
Feb ’24US$8.39
US$11.26
+34.1%
18.7%US$15.50US$8.80US$10.367
Jan ’24US$8.24
US$11.83
+43.5%
22.7%US$16.00US$8.80US$11.107
Dec ’23US$7.85
US$11.79
+50.2%
21.3%US$16.00US$8.80US$11.218
Nov ’23US$8.62
US$12.00
+39.2%
19.2%US$16.00US$10.00US$10.708

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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