Kencana Agri Limited

SGX:BNE Stock Report

Market Cap: S$155.0m

Kencana Agri Past Earnings Performance

Past criteria checks 5/6

Kencana Agri has been growing earnings at an average annual rate of 9.4%, while the Food industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 10.4% per year. Kencana Agri's return on equity is 32.4%, and it has net margins of 9.3%.

Key information

9.42%

Earnings growth rate

9.42%

EPS growth rate

Food Industry Growth26.11%
Revenue growth rate10.37%
Return on equity32.42%
Net Margin9.28%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Analysis Article • Dec 02

Returns on Capital Paint A Bright Future For Kencana Agri (SGX:BNE)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Sep 29

A Piece Of The Puzzle Missing From Kencana Agri Limited's (SGX:BNE) 27% Share Price Climb

Despite an already strong run, Kencana Agri Limited ( SGX:BNE ) shares have been powering on, with a gain of 27% in the...
Analysis Article • Aug 08

Investors Still Aren't Entirely Convinced By Kencana Agri Limited's (SGX:BNE) Revenues Despite 31% Price Jump

SGX:BNE 1 Year Share Price vs Fair Value Explore Kencana Agri's Fair Values from the Community and select yours Kencana...
Analysis Article • May 27

These 4 Measures Indicate That Kencana Agri (SGX:BNE) Is Using Debt Extensively

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Apr 21

Kencana Agri Limited (SGX:BNE) Could Be Riskier Than It Looks

Kencana Agri Limited's ( SGX:BNE ) price-to-sales (or "P/S") ratio of 0.1x may look like a pretty appealing investment...
Analysis Article • Nov 05

Kencana Agri (SGX:BNE) Takes On Some Risk With Its Use Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jun 25

Even With A 36% Surge, Cautious Investors Are Not Rewarding Kencana Agri Limited's (SGX:BNE) Performance Completely

Kencana Agri Limited ( SGX:BNE ) shareholders would be excited to see that the share price has had a great month...
Analysis Article • Jun 10

Kencana Agri's (SGX:BNE) Returns On Capital Are Heading Higher

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Apr 18

Is Kencana Agri (SGX:BNE) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Mar 14

Take Care Before Jumping Onto Kencana Agri Limited (SGX:BNE) Even Though It's 26% Cheaper

Kencana Agri Limited ( SGX:BNE ) shareholders that were waiting for something to happen have been dealt a blow with a...
Analysis Article • Mar 05

Returns On Capital Are Showing Encouraging Signs At Kencana Agri (SGX:BNE)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article • Jan 29

Investors Still Aren't Entirely Convinced By Kencana Agri Limited's (SGX:BNE) Revenues Despite 33% Price Jump

Despite an already strong run, Kencana Agri Limited ( SGX:BNE ) shares have been powering on, with a gain of 33% in the...
Analysis Article • Dec 01

Kencana Agri (SGX:BNE) Shareholders Will Want The ROCE Trajectory To Continue

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Oct 10

Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Aug 29

Kencana Agri (SGX:BNE) Is Doing The Right Things To Multiply Its Share Price

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Apr 06

Returns On Capital Are Showing Encouraging Signs At Kencana Agri (SGX:BNE)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Analysis Article • Nov 17

There's Been No Shortage Of Growth Recently For Kencana Agri's (SGX:BNE) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article • Oct 14

Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article • Aug 19

Kencana Agri's (SGX:BNE) Soft Earnings Are Actually Better Than They Appear

The market for Kencana Agri Limited's ( SGX:BNE ) shares didn't move much after it posted weak earnings recently. Our...
Analysis Article • Jun 14

Is Kencana Agri (SGX:BNE) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Feb 27

Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Sep 27

Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jun 25

Kencana Agri (SGX:BNE) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Mar 02

We Think Kencana Agri (SGX:BNE) Is Taking Some Risk With Its Debt

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

Revenue & Expenses Breakdown

How Kencana Agri makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SGX:BNE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2519918120
30 Sep 2519320130
30 Jun 2518621130
31 Mar 2517017120
31 Dec 2415412120
30 Sep 241415110
30 Jun 24129-2100
31 Mar 24133-1110
31 Dec 231360110
30 Sep 231410110
30 Jun 231451100
31 Mar 231492100
31 Dec 221533110
30 Sep 221436110
30 Jun 2213410120
31 Mar 2213114110
31 Dec 2112817110
30 Sep 2111715110
30 Jun 2110614110
31 Mar 211059110
31 Dec 201044100
30 Sep 20116-5100
30 Jun 20120-9100
31 Mar 20114-11110
31 Dec 19104-10110
30 Sep 19104-3110
30 Jun 19113-5120
31 Mar 19117-13120
31 Dec 18125-21120
30 Sep 18129-29110
30 Jun 18139-24110
31 Mar 18137-9110
31 Dec 171495110
30 Sep 1716013120
30 Jun 171448120
31 Mar 17150-5120
31 Dec 16139-9120
30 Sep 16123-15120
30 Jun 16126-25120
31 Mar 16128-22120
31 Dec 15132-30120
30 Sep 15134-31110
30 Jun 15144-14120

Quality Earnings: BNE has high quality earnings.

Growing Profit Margin: BNE's current net profit margins (9.3%) are higher than last year (7.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BNE has become profitable over the past 5 years, growing earnings by 9.4% per year.

Accelerating Growth: BNE's earnings growth over the past year (54.4%) exceeds its 5-year average (9.4% per year).

Earnings vs Industry: BNE earnings growth over the past year (54.4%) exceeded the Food industry 14.8%.

Return on Equity

High ROE: Whilst BNE's Return on Equity (32.42%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 01:07
End of Day Share Price 2026/05/15 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Kencana Agri Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nirgunan TiruchelvamAletheia Analyst Network Limited
Lee Fang NgCGS International
Chris SandaDaiwa Securities Co. Ltd.