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ALF

Allied FarmersNZSE:ALF Stock Report

Last Price

NZ$0.86

Market Cap

NZ$24.8m

7D

-4.4%

1Y

53.6%

Updated

21 Jan, 2022

Data

Company Financials
ALF fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

ALF Stock Overview

Allied Farmers Limited, together with its subsidiaries, sells and purchases livestock in New Zealand.

Price History & Performance

Summary of all time highs, changes and price drops for Allied Farmers
Historical stock prices
Current Share PriceNZ$0.86
52 Week HighNZ$0.95
52 Week LowNZ$0.50
Beta0.74
1 Month Change-8.51%
3 Month Change32.31%
1 Year Change53.57%
3 Year Change22.86%
5 Year Change13.16%
Change since IPO-99.93%

Recent News & Updates

Dec 24
Allied Farmers (NZSE:ALF) Is Reinvesting At Lower Rates Of Return

Allied Farmers (NZSE:ALF) Is Reinvesting At Lower Rates Of Return

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Nov 27
Is Allied Farmers (NZSE:ALF) Using Too Much Debt?

Is Allied Farmers (NZSE:ALF) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Sep 06
Investors Shouldn't Be Too Comfortable With Allied Farmers' (NZSE:ALF) Robust Earnings

Investors Shouldn't Be Too Comfortable With Allied Farmers' (NZSE:ALF) Robust Earnings

Despite posting some strong earnings, the market for Allied Farmers Limited's ( NZSE:ALF ) stock hasn't moved much. Our...

Apr 18
Returns On Capital At Allied Farmers (NZSE:ALF) Paint A Concerning Picture

Returns On Capital At Allied Farmers (NZSE:ALF) Paint A Concerning Picture

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...

Mar 28
Allied Farmers (NZSE:ALF) Seems To Use Debt Quite Sensibly

Allied Farmers (NZSE:ALF) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

ALFNZ FoodNZ Market
7D-4.4%-0.4%-2.1%
1Y53.6%-34.0%-10.3%

Return vs Industry: ALF exceeded the NZ Food industry which returned -34% over the past year.

Return vs Market: ALF exceeded the NZ Market which returned -10.3% over the past year.

Price Volatility

Is ALF's price volatile compared to industry and market?
ALF volatility
ALF Average Weekly Movement7.3%
Food Industry Average Movement3.4%
Market Average Movement3.7%
10% most volatile stocks in NZ Market6.4%
10% least volatile stocks in NZ Market2.4%

Stable Share Price: ALF is more volatile than 90% 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.

About the Company

FoundedEmployeesCEOWebsite
1913n/an/ahttps://www.alliedfarmers.co.nz

Allied Farmers Limited, together with 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, rural, and nominee services; rural finance; and online services through its MyLivestock website.

Allied Farmers Fundamentals Summary

How do Allied Farmers's earnings and revenue compare to its market cap?
ALF fundamental statistics
Market CapNZ$24.77m
Earnings (TTM)NZ$2.02m
Revenue (TTM)NZ$21.66m

0.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALF income statement (TTM)
RevenueNZ$21.66m
Cost of RevenueNZ$18.59m
Gross ProfitNZ$3.07m
ExpensesNZ$1.05m
EarningsNZ$2.02m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin14.16%
Net Profit Margin9.33%
Debt/Equity Ratio22.4%

How did ALF perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

17%

Payout Ratio

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$0.86) is trading below our estimate of fair value (NZ$7.12)

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


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate ALF's PE Ratio to determine if it is good value compared to the Oceanic Food industry average.

PE vs Market: Insufficient data to calculate ALF's PE Ratio to determine if it is good value compared to the NZ market.


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


Future Growth

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

23.6%

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?

-0.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALF has high quality earnings.

Growing Profit Margin: ALF's current net profit margins (9.3%) are higher than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: ALF's earnings have declined by 0.2% per year over the past 5 years.

Accelerating Growth: ALF's earnings growth over the past year (163.5%) exceeds its 5-year average (-0.2% per year).

Earnings vs Industry: ALF earnings growth over the past year (163.5%) exceeded the Food industry 2.9%.


Return on Equity

High ROE: ALF's Return on Equity (19%) is considered low.


Financial Health

How is Allied Farmers's financial position?


Financial Position Analysis

Short Term Liabilities: ALF's short term assets (NZ$20.1M) exceed its short term liabilities (NZ$14.9M).

Long Term Liabilities: ALF's short term assets (NZ$20.1M) exceed its long term liabilities (NZ$2.8M).


Debt to Equity History and Analysis

Debt Level: ALF has more cash than its total debt.

Reducing Debt: ALF's debt to equity ratio has reduced from 4286.4% to 22.4% over the past 5 years.

Debt Coverage: ALF's debt is well covered by operating cash flow (148%).

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?

1.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ALF's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (2.73%).

High Dividend: ALF's dividend (1.4%) is low compared to the top 25% of dividend payers in the NZ market (4.99%).


Stability and Growth of Payments

Stable Dividend: ALF is not paying a notable dividend for the NZ market, therefore no need to check if payments are stable.

Growing Dividend: ALF is not paying a notable dividend for the NZ market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: ALF is not paying a notable dividend for the NZ market.


Future Payout to Shareholders

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


Next Steps

Management

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

2.6yrs

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 not considered experienced ( 2.6 years average tenure), which suggests a new board.


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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Allied Farmers Limited's 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
  • Implied Market Cap: NZ$24.774m
  • Shares outstanding: 28.81m
  • Website: https://www.alliedfarmers.co.nz

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 12:42
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
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.