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ANDE

AndersonsNasdaqGS:ANDE Stock Report

Market Cap

US$986.7m

7D

2.9%

1Y

54.1%

Updated

25 Sep, 2021

Data

Company Financials +
ANDE fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends4/6

ANDE Overview

The Andersons, Inc., an agriculture company, operates in trade, ethanol, plant nutrient, and rail sectors in the United States and internationally.

Andersons Competitors

United Natural Foods

NYSE:UNFI

US$2.1b

Chefs' Warehouse

NasdaqGS:CHEF

US$1.2b

SpartanNash

NasdaqGS:SPTN

US$754.0m

Nutrien

TSX:NTR

CA$46.9b

Price History & Performance

Summary of all time highs, changes and price drops for Andersons
Historical stock prices
Current Share PriceUS$30.16
52 Week HighUS$18.02
52 Week LowUS$34.41
Beta0.70
1 Month Change-2.46%
3 Month Change-2.05%
1 Year Change54.11%
3 Year Change-19.89%
5 Year Change-16.64%
Change since IPO483.74%

Recent News & Updates

Aug 05

The Andersons - What Blowout Earnings Mean Going Forward

The Andersons reported blowout earnings in 2Q21 as a result of high demand and strong prices. Going forward, the company remains confident as agriculture remains in a very good place. Unfortunately, COVID fears are hurting agriculture and energy in the mid-term as investors shift away from cyclical stocks.

Shareholder Returns

ANDEUS Consumer RetailingUS Market
7D2.9%-1.3%-0.5%
1Y54.1%16.2%37.5%

Return vs Industry: ANDE exceeded the US Consumer Retailing industry which returned 16.2% over the past year.

Return vs Market: ANDE exceeded the US Market which returned 37.5% over the past year.

Price Volatility

Is ANDE's price volatile compared to industry and market?
ANDE volatility
ANDE Beta0.70
Industry Beta0.61
Market Beta1

Stable Share Price: ANDE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ANDE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19472,229Pat Bowehttps://www.andersonsinc.com

The Andersons, Inc., an agriculture company, operates in trade, ethanol, plant nutrient, and rail sectors in the United States and internationally. The company’s Trade segment operates grain elevators; stores grains; and provides grain marketing, risk management, and corn origination services to its customers and affiliated ethanol facilities. This segment also engages in the commodity merchandising business.

Andersons Fundamentals Summary

How do Andersons's earnings and revenue compare to its market cap?
ANDE fundamental statistics
Market CapUS$986.71m
Earnings (TTM)US$73.54m
Revenue (TTM)US$10.37b

13.4x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ANDE income statement (TTM)
RevenueUS$10.37b
Cost of RevenueUS$9.84b
Gross ProfitUS$532.28m
ExpensesUS$458.74m
EarningsUS$73.54m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 03, 2021

Earnings per share (EPS)2.25
Gross Margin5.13%
Net Profit Margin0.71%
Debt/Equity Ratio138.7%

How did ANDE perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

32%

Payout Ratio

Does ANDE pay a reliable dividends?

See ANDE dividend history and benchmarks
When do you need to buy ANDE by to receive an upcoming dividend?
Andersons dividend dates
Ex Dividend DateSep 30 2021
Dividend Pay DateOct 22 2021
Days until Ex dividend5 days
Days until Dividend pay date27 days

Does ANDE pay a reliable dividends?

See ANDE dividend history and benchmarks

Valuation

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

26.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ANDE ($30.16) is trading below our estimate of fair value ($40.84)

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


Price To Earnings Ratio

PE vs Industry: ANDE is good value based on its PE Ratio (13.4x) compared to the US Consumer Retailing industry average (20.1x).

PE vs Market: ANDE is good value based on its PE Ratio (13.4x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: ANDE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: ANDE is good value based on its PB Ratio (1x) compared to the US Consumer Retailing industry average (2.2x).


Future Growth

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

-5.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANDE's earnings are forecast to decline over the next 3 years (-5.2% per year).

Earnings vs Market: ANDE's earnings are forecast to decline over the next 3 years (-5.2% per year).

High Growth Earnings: ANDE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ANDE's revenue (5.9% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: ANDE's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ANDE's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Andersons performed over the past 5 years?

26.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANDE has a high level of non-cash earnings.

Growing Profit Margin: ANDE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ANDE has become profitable over the past 5 years, growing earnings by 26.6% per year.

Accelerating Growth: ANDE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ANDE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (25%).


Return on Equity

High ROE: ANDE's Return on Equity (6.2%) is considered low.


Financial Health

How is Andersons's financial position?


Financial Position Analysis

Short Term Liabilities: ANDE's short term assets ($2.2B) exceed its short term liabilities ($1.7B).

Long Term Liabilities: ANDE's short term assets ($2.2B) exceed its long term liabilities ($1.1B).


Debt to Equity History and Analysis

Debt Level: ANDE's debt to equity ratio (138.7%) is considered high.

Reducing Debt: ANDE's debt to equity ratio has increased from 81.3% to 138.7% over the past 5 years.

Debt Coverage: ANDE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ANDE's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Dividend

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

2.32%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 25 2021Ex Dividend DateSep 30 2021Dividend Pay DateOct 22 202122 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ANDE's dividend (2.32%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: ANDE's dividend (2.32%) is low compared to the top 25% of dividend payers in the US market (3.59%).


Stability and Growth of Payments

Stable Dividend: ANDE's dividends per share have been stable in the past 10 years.

Growing Dividend: ANDE's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.5%), ANDE's dividend payments are 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?

2.9yrs

Average management tenure


CEO

Pat Bowe (62 yo)

5.83yrs

Tenure

US$3,752,735

Compensation

Mr. Patrick E. Bowe, also known as Pat, has been Chief Executive Officer, President and Director of The Andersons, Inc. since November 2, 2015. Mr. Bowe served as Corporate Vice President of Cargill, Incor...


CEO Compensation Analysis

Compensation vs Market: Pat's total compensation ($USD3.75M) is above average for companies of similar size in the US market ($USD2.33M).

Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ANDE's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: ANDE's board of directors are considered experienced (8.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ANDE 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

The Andersons, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: The Andersons, Inc.
  • Ticker: ANDE
  • Exchange: NasdaqGS
  • Founded: 1947
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: US$986.707m
  • Shares outstanding: 32.72m
  • Website: https://www.andersonsinc.com

Number of Employees


Location

  • The Andersons, Inc.
  • 1947 Briarfield Boulevard
  • PO Box 119
  • Maumee
  • Ohio
  • 43537
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 02:14
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.