AGFY Stock Overview
Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States.
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Price History & Performance
|Historical stock prices|
|Current Share Price||US$2.24|
|52 Week High||US$35.94|
|52 Week Low||US$1.92|
|1 Month Change||-6.67%|
|3 Month Change||-53.53%|
|1 Year Change||-82.89%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-82.42%|
Recent News & Updates
Agrify Corporation: The 'Backdoor' Weed Play
Today, we put small-cap Agrify Corporation in the spotlight for the first time. The company is seeing impressive revenue growth supplying cultivation solutions to the hemp and cannabis industries. A full investment analysis follows in the paragraphs below.
Agrify Corporation (NASDAQ:AGFY) Just Reported Earnings, And Analysts Cut Their Target Price
Agrify Corporation ( NASDAQ:AGFY ) shareholders are probably feeling a little disappointed, since its shares fell 3.5...
|AGFY||US Machinery||US Market|
Return vs Industry: AGFY underperformed the US Machinery industry which returned -23.4% over the past year.
Return vs Market: AGFY underperformed the US Market which returned -20.5% over the past year.
|AGFY Average Weekly Movement||13.3%|
|Machinery Industry Average Movement||5.9%|
|Market Average Movement||8.0%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.1%|
Stable Share Price: AGFY is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: AGFY's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. It also provides associated services comprising consulting, engineering, and construction.
Agrify Fundamentals Summary
|AGFY fundamental statistics|
Is AGFY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AGFY income statement (TTM)|
|Cost of Revenue||US$68.93m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-1.41|
|Net Profit Margin||-47.59%|
How did AGFY perform over the long term?See historical performance and comparison
Is AGFY undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AGFY?
Other financial metrics that can be useful for relative valuation.
|What is AGFY's n/a Ratio?|
Price to Sales Ratio vs Peers
How does AGFY's PS Ratio compare to its peers?
|AGFY PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
Price-To-Sales vs Peers: AGFY is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (2.5x).
Price to Earnings Ratio vs Industry
How does AGFY's PE Ratio compare vs other companies in the U.S. Machinery Industry?
Price-To-Sales vs Industry: AGFY is good value based on its Price-To-Sales Ratio (0.8x) compared to the US Machinery industry average (1.4x)
Price to Sales Ratio vs Fair Ratio
What is AGFY's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||0.8x|
|Fair PS Ratio||2.1x|
Price-To-Sales vs Fair Ratio: AGFY is good value based on its Price-To-Sales Ratio (0.8x) compared to the estimated Fair Price-To-Sales Ratio (2.1x).
Share Price vs Fair Value
What is the Fair Price of AGFY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: AGFY ($2.24) is trading below our estimate of fair value ($87.01)
Significantly Below Fair Value: AGFY is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AGFY's PEG Ratio to determine if it is good value.
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How is Agrify forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGFY is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: AGFY is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: AGFY is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: AGFY's revenue (37.4% per year) is forecast to grow faster than the US market (8.3% per year).
High Growth Revenue: AGFY's revenue (37.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AGFY's Return on Equity is forecast to be high in 3 years time
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How has Agrify performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGFY is currently unprofitable.
Growing Profit Margin: AGFY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AGFY is unprofitable, and losses have increased over the past 5 years at a rate of 69.6% per year.
Accelerating Growth: Unable to compare AGFY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AGFY is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (24%).
Return on Equity
High ROE: AGFY has a negative Return on Equity (-21.92%), as it is currently unprofitable.
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How is Agrify's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: AGFY's short term assets ($147.5M) exceed its short term liabilities ($41.9M).
Long Term Liabilities: AGFY's short term assets ($147.5M) exceed its long term liabilities ($52.2M).
Debt to Equity History and Analysis
Debt Level: AGFY has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AGFY's debt to equity ratio has reduced over the past 5 years.
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: AGFY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AGFY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 80.1% each year
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What is Agrify current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AGFY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AGFY'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 AGFY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AGFY's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as AGFY has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Raymond Chang (50 yo)
Mr. Raymond Nobu Chang, Jr., has been Chief Executive Officer and Chairman at Agrify Corporation since June 15, 2019 and serves as Corporate Secretary and served as President until November 10, 2021. From...
CEO Compensation Analysis
Compensation vs Market: Raymond's total compensation ($USD5.21M) is above average for companies of similar size in the US market ($USD758.64K).
Compensation vs Earnings: Raymond's compensation has increased whilst the company is unprofitable.
Experienced Management: AGFY's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: AGFY's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AGFY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 31%.
Agrify Corporation's employee growth, exchange listings and data sources
- Name: Agrify Corporation
- Ticker: AGFY
- Exchange: NasdaqCM
- Founded: 2016
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Implied Market Cap: US$59.565m
- Shares outstanding: 26.59m
- Website: https://www.agrify.com
Number of Employees
- Agrify Corporation
- Building 3
- 76 Treble Cove Road
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 00:00|
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.