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Market Cap

NZ$17.0m

Last Updated

2021/05/08 07:00 UTC

Data Sources

Company Financials

Executive Summary

Allied Farmers Limited, through its subsidiaries, sells and purchases livestock in New Zealand. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

How has Allied Farmers's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

Volatility Over Time: ALF's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of NZ stocks.


Market Performance


7 Day Return

-6.3%

ALF

-7.0%

NZ Food

-0.5%

NZ Market


1 Year Return

-1.7%

ALF

-36.5%

NZ Food

18.9%

NZ Market

Return vs Industry: ALF exceeded the NZ Food industry which returned -36.5% over the past year.

Return vs Market: ALF underperformed the NZ Market which returned 18.9% over the past year.


Shareholder returns

ALFIndustryMarket
7 Day-6.3%-7.0%-0.5%
30 Day11.3%-10.5%1.2%
90 Day5.4%-20.1%-3.9%
1 Year9.2%-1.7%-35.9%-36.5%22.4%18.9%
3 Year-18.5%-30.6%-35.1%-37.2%43.4%26.7%
5 Year50.3%25.5%25.5%9.1%80.1%39.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Allied Farmers undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALF (NZ$0.59) is trading below our estimate of fair value (NZ$3.99)

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


Price To Earnings Ratio

PE vs Industry: ALF is poor value based on its PE Ratio (44.7x) compared to the NZ Food industry average (18.7x).

PE vs Market: ALF is poor value based on its PE Ratio (44.7x) compared to the NZ market (22.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ALF is overvalued based on its PB Ratio (1.7x) compared to the NZ Food industry average (1x).


Future Growth

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

20.2%

Forecasted Food, Beverage & Tobacco 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 Allied Farmers 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 Allied Farmers performed over the past 5 years?

7.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALF has high quality earnings.

Growing Profit Margin: ALF's current net profit margins (1.4%) are lower than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: ALF has become profitable over the past 5 years, growing earnings by 7.6% per year.

Accelerating Growth: ALF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ALF had negative earnings growth (-76.7%) over the past year, making it difficult to compare to the Food industry average (1.2%).


Return on Equity

High ROE: ALF's Return on Equity (4.9%) is considered low.


Financial Health

How is Allied Farmers's financial position?


Financial Position Analysis

Short Term Liabilities: ALF's short term assets (NZ$15.1M) exceed its short term liabilities (NZ$10.3M).

Long Term Liabilities: ALF's short term assets (NZ$15.1M) exceed its long term liabilities (NZ$2.8M).


Debt to Equity History and Analysis

Debt Level: ALF's debt to equity ratio (29.2%) is considered satisfactory.

Reducing Debt: ALF had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: ALF's debt is well covered by operating cash flow (121.4%).

Interest Coverage: ALF earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Allied Farmers's current dividend yield, its reliability and sustainability?

2.03%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALF's dividend (2.03%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (2.42%).

High Dividend: ALF's dividend (2.03%) is low compared to the top 25% of dividend payers in the NZ market (4.55%).


Stability and Growth of Payments

Stable Dividend: ALF has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ALF has only been paying a dividend for 3 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (90.9%), ALF's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.6yrs

Average board tenure


CEO

Allied Farmers has no CEO, or we have no data on them.


Board Members

Experienced Board: ALF's board of directors are considered experienced (3.6 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 been substantially diluted in the past year, with total shares outstanding growing by 61.3%.


Top Shareholders

Company Information

Allied Farmers Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Allied Farmers Limited
  • Ticker: ALF
  • Exchange: NZSE
  • Founded: 1913
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: NZ$16.996m
  • Shares outstanding: 28.81m
  • Website: https://www.alliedfarmers.co.nz

Location

  • Allied Farmers Limited
  • 201 Broadway
  • Stratford
  • 4332
  • New Zealand

Listings


Biography

Allied Farmers Limited, through its subsidiaries, sells and purchases livestock in New Zealand. The company engages in the procurement, processing, and sale of calves. It also provides livestock financing,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/08 07:00
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.