Market Cap
US$10.0b
Last Updated
2021/07/31 05:38 UTC
Data Sources
Company Financials +
Executive Summary
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Outstanding track record with excellent balance sheet.
Similar Companies
Share Price & News
How has AGCO's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AGCO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AGCO's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
5.3%
AGCO
0.9%
US Machinery
-0.5%
US Market
1 Year Return
101.3%
AGCO
49.8%
US Machinery
35.9%
US Market
Return vs Industry: AGCO exceeded the US Machinery industry which returned 49.8% over the past year.
Return vs Market: AGCO exceeded the US Market which returned 35.9% over the past year.
Shareholder returns
| AGCO | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.3% | 0.9% | -0.5% |
| 30 Day | -0.02% | 0.08% | 0.3% |
| 90 Day | -9.5% | -1.2% | 3.1% |
| 1 Year | 108.0%101.3% | 53.0%49.8% | 38.0%35.9% |
| 3 Year | 122.6%111.2% | 61.2%51.7% | 62.9%52.7% |
| 5 Year | 192.9%172.8% | 137.0%112.2% | 121.7%97.3% |
Long-Term Price Volatility Vs. Market
How volatile is AGCO's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
AGCO Corporation's (NYSE:AGCO) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?3 weeks ago | Simply Wall St
We Think AGCO (NYSE:AGCO) Can Manage Its Debt With Ease1 month ago | Simply Wall St
I Ran A Stock Scan For Earnings Growth And AGCO (NYSE:AGCO) Passed With EaseValuation
Is AGCO undervalued compared to its fair value and its price relative to the market?
13.67x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AGCO ($132.11) is trading above our estimate of fair value ($129.51)
Significantly Below Fair Value: AGCO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AGCO is good value based on its PE Ratio (13.7x) compared to the US Machinery industry average (31.4x).
PE vs Market: AGCO is good value based on its PE Ratio (13.7x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: AGCO is poor value based on its PEG Ratio (44.5x)
Price to Book Ratio
PB vs Industry: AGCO is overvalued based on its PB Ratio (3.2x) compared to the US Machinery industry average (2.8x).
Future Growth
How is AGCO forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
0.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AGCO's forecast earnings growth (0.3% per year) is below the savings rate (2%).
Earnings vs Market: AGCO's earnings (0.3% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: AGCO's earnings are forecast to grow, but not significantly.
Revenue vs Market: AGCO's revenue (5% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: AGCO's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AGCO's Return on Equity is forecast to be low in 3 years time (18.8%).
Past Performance
How has AGCO performed over the past 5 years?
21.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AGCO has high quality earnings.
Growing Profit Margin: AGCO's current net profit margins (6.9%) are higher than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: AGCO's earnings have grown significantly by 21.1% per year over the past 5 years.
Accelerating Growth: AGCO's earnings growth over the past year (1252.5%) exceeds its 5-year average (21.1% per year).
Earnings vs Industry: AGCO earnings growth over the past year (1252.5%) exceeded the Machinery industry 6.3%.
Return on Equity
High ROE: AGCO's Return on Equity (23%) is considered high.
Financial Health
How is AGCO's financial position?
Financial Position Analysis
Short Term Liabilities: AGCO's short term assets ($4.7B) exceed its short term liabilities ($3.6B).
Long Term Liabilities: AGCO's short term assets ($4.7B) exceed its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: AGCO's debt to equity ratio (48.6%) is considered high.
Reducing Debt: AGCO's debt to equity ratio has reduced from 49.9% to 48.6% over the past 5 years.
Debt Coverage: AGCO's debt is well covered by operating cash flow (64.5%).
Interest Coverage: AGCO's interest payments on its debt are well covered by EBIT (81.2x coverage).
Balance Sheet
Dividend
What is AGCO current dividend yield, its reliability and sustainability?
0.60%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: AGCO's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: AGCO's dividend (0.61%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: AGCO is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: AGCO is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: AGCO is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AGCO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.0yrs
Average management tenure
CEO
Eric Hansotia (52 yo)
0.50
Tenure
US$4,489,324
Compensation
Mr. Eric P. Hansotia has been Chairman, President and Chief Executive Officer at AGCO Corporation since January 1, 2021. Mr. Hansotia served as the Chief Operating Officer of AGCO Corporation since January...
CEO Compensation Analysis
Compensation vs Market: Eric's total compensation ($USD4.49M) is below average for companies of similar size in the US market ($USD11.17M).
Compensation vs Earnings: Eric's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: AGCO's management team is seasoned and experienced (8 years average tenure).
Board Members
Experienced Board: AGCO's board of directors are considered experienced (3.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AGCO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
AGCO Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: AGCO Corporation
- Ticker: AGCO
- Exchange: NYSE
- Founded: 1990
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Market Cap: US$9.955b
- Shares outstanding: 75.35m
- Website: https://www.agcocorp.com
Number of Employees
Location
- AGCO Corporation
- 4205 River Green Parkway
- Duluth
- Georgia
- 30096
- United States
Listings
Biography
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers high horsepower tractors for row crop production, soil cultivation, planting, land le...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/31 05:38 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.