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AGFS

AgroFresh Solutions NasdaqGS:AGFS Stock Report

Last Price

US$1.61

Market Cap

US$84.8m

7D

9.5%

1Y

-26.5%

Updated

23 Sep, 2022

Data

Company Financials +
AGFS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance0/6
Financial Health4/6
Dividends0/6

AGFS Stock Overview

AgroFresh Solutions, Inc. provides science-based solutions, data-driven technologies, and high-touch customer services.

AgroFresh Solutions Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AgroFresh Solutions
Historical stock prices
Current Share PriceUS$1.61
52 Week HighUS$2.33
52 Week LowUS$1.46
Beta0.75
1 Month Change1.90%
3 Month Change-4.73%
1 Year Change-26.48%
3 Year Change-38.55%
5 Year Change-77.10%
Change since IPO-83.98%

Recent News & Updates

Sep 17
Return Trends At AgroFresh Solutions (NASDAQ:AGFS) Aren't Appealing

Return Trends At AgroFresh Solutions (NASDAQ:AGFS) Aren't Appealing

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

AGFSUS ChemicalsUS Market
7D9.5%-5.6%-5.2%
1Y-26.5%-14.9%-23.1%

Return vs Industry: AGFS underperformed the US Chemicals industry which returned -13.3% over the past year.

Return vs Market: AGFS underperformed the US Market which returned -21.6% over the past year.

Price Volatility

Is AGFS's price volatile compared to industry and market?
AGFS volatility
AGFS Average Weekly Movement6.8%
Chemicals Industry Average Movement6.3%
Market Average Movement6.9%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.8%

Stable Share Price: AGFS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: AGFS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994300Clinton Lewishttps://www.agrofresh.com

AgroFresh Solutions, Inc. provides science-based solutions, data-driven technologies, and high-touch customer services. The company’s flagship product is the SmartFresh system that regulates the post-harvest ripening effects of ethylene to preserve the texture, firmness, taste, and appearance of produce during storage, transportation, and retail display. It also provides Harvista technology for use in near-harvest management of apples, pears, cherries, and blueberries; FreshCloud, a digital technology service platform of produce monitoring and screening solutions; and LandSpring, a 1- methlycycloproprene technology targeted to transplanted vegetable seedlings.

AgroFresh Solutions Fundamentals Summary

How do AgroFresh Solutions's earnings and revenue compare to its market cap?
AGFS fundamental statistics
Market CapUS$84.83m
Earnings (TTM)-US$43.25m
Revenue (TTM)US$170.71m

0.5x

P/S Ratio

-2.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AGFS income statement (TTM)
RevenueUS$170.71m
Cost of RevenueUS$52.75m
Gross ProfitUS$117.96m
Other ExpensesUS$161.21m
Earnings-US$43.25m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.82
Gross Margin69.10%
Net Profit Margin-25.33%
Debt/Equity Ratio71.9%

How did AGFS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is AGFS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AGFS?

Other financial metrics that can be useful for relative valuation.

AGFS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.7x
Enterprise Value/EBITDA7.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does AGFS's PS Ratio compare to its peers?

AGFS PS Ratio vs Peers
The above table shows the PS ratio for AGFS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average27.7x
CGA China Green Agriculture
0.4xn/aUS$91.8m
KNGW Kenongwo Group US
53.5xn/aUS$203.8m
SNRG SusGlobal Energy
55.9xn/aUS$33.7m
AVD American Vanguard
1x7.1%US$575.4m
AGFS AgroFresh Solutions
0.5x9.0%US$84.8m

Price-To-Sales vs Peers: AGFS is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (27.7x).


Price to Earnings Ratio vs Industry

How does AGFS's PE Ratio compare vs other companies in the US Chemicals Industry?

Price-To-Sales vs Industry: AGFS is good value based on its Price-To-Sales Ratio (0.5x) compared to the US Chemicals industry average (1.1x)


Price to Sales Ratio vs Fair Ratio

What is AGFS'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.

AGFS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio2.9x

Price-To-Sales vs Fair Ratio: AGFS is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (2.9x).


Share Price vs Fair Value

What is the Fair Price of AGFS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AGFS ($1.61) is trading below our estimate of fair value ($1.76)

Significantly Below Fair Value: AGFS is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is AgroFresh Solutions forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


22.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AGFS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AGFS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AGFS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: AGFS's revenue (9% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: AGFS's revenue (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 AGFS's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has AgroFresh Solutions performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-16.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AGFS is currently unprofitable.

Growing Profit Margin: AGFS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AGFS is unprofitable, and losses have increased over the past 5 years at a rate of 16.2% per year.

Accelerating Growth: Unable to compare AGFS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AGFS is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (21.1%).


Return on Equity

High ROE: AGFS has a negative Return on Equity (-5.15%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is AgroFresh Solutions's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: AGFS's short term assets ($140.1M) exceed its short term liabilities ($45.2M).

Long Term Liabilities: AGFS's short term assets ($140.1M) do not cover its long term liabilities ($292.1M).


Debt to Equity History and Analysis

Debt Level: AGFS's net debt to equity ratio (57.6%) is considered high.

Reducing Debt: AGFS's debt to equity ratio has reduced from 109.6% to 71.9% over the past 5 years.


Balance Sheet


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: Whilst unprofitable AGFS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: AGFS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.1% per year.


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AGFS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AGFS'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 AGFS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AGFS'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 AGFS has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.3yrs

Average management tenure


CEO

Clinton Lewis (55 yo)

1.42yrs

Tenure

US$4,086,675

Compensation

Mr. Clinton A. Lewis, Jr., is a Member of Advisory Board at Covis Pharma B.V. He serves as the Chief Executive Officer & Director at AgroFresh Solutions, Inc. since April 12, 2021. He has been Director at...


CEO Compensation Analysis

Compensation vs Market: Clinton's total compensation ($USD4.09M) is above average for companies of similar size in the US market ($USD776.35K).

Compensation vs Earnings: Insufficient data to compare Clinton's compensation with company performance.


Leadership Team

Experienced Management: AGFS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: AGFS's board of directors are not considered experienced ( 1.8 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

NasdaqGS:AGFS Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
20 May 22BuyUS$92,628Clinton LewisIndividual53,450US$1.79

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 76.63% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
39.86%
Dow Inc.
21,001,151$33.8m0%no data
14.85%
T. Rowe Price Group, Inc.
7,825,820$12.6m0%no data
5.83%
TSP Capital Management Group, LLC
3,073,700$4.9m3.85%1.99%
5.55%
First Manhattan Co.
2,921,943$4.7m6.24%0.02%
1.97%
The Vanguard Group, Inc.
1,036,756$1.7m0.07%no data
1.7%
Dimensional Fund Advisors LP
898,162$1.4m-3.7%no data
1.13%
Bridgeway Capital Management, LLC
593,292$955.2k0%0.02%
0.84%
Renaissance Technologies LLC
442,511$712.4k-0.29%no data
0.73%
Clinton Lewis
387,089$623.2k229.49%no data
0.55%
Millennium Management LLC
287,607$463.0k-14.2%no data
0.48%
Graham Miao
254,469$409.7k-42.58%no data
0.44%
Nance Dicciani
229,883$370.1k0%no data
0.39%
Geode Capital Management, LLC
205,814$331.4k-0.15%no data
0.39%
BlackRock, Inc.
203,946$328.4k0.64%no data
0.38%
Thomas Ermi
202,163$325.5k9.27%no data
0.26%
Robert Campbell
137,514$221.4k0%no data
0.24%
American Century Investment Management Inc
125,141$201.5k27.58%no data
0.18%
Macauley Whiting
93,492$150.5k0%no data
0.14%
Denise Devine
74,083$119.3k0%no data
0.14%
Kay Kuenker
73,030$117.6k0%no data
0.12%
Envestnet Asset Management, Inc.
65,000$104.7k0%no data
0.12%
Mml Investors Services, Llc, Brokerage Investments
65,000$104.7k0%no data
0.12%
State Street Global Advisors, Inc.
64,402$103.7k12.1%no data
0.11%
Perritt Capital Management, Inc.
60,000$96.6k0%0.06%
0.1%
Northern Trust Global Investments
53,361$85.9k-5.28%no data

Company Information

AgroFresh Solutions, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: AgroFresh Solutions, Inc.
  • Ticker: AGFS
  • Exchange: NasdaqGS
  • Founded: 1994
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Implied Market Cap: US$84.831m
  • Shares outstanding: 52.69m
  • Website: https://www.agrofresh.com

Number of Employees


Location

  • AgroFresh Solutions, Inc.
  • One Washington Square
  • Suite 1350
  • Philadelphia
  • Pennsylvania
  • 19106
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AGFSNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDApr 2014
35XDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2014
0HB7LSE (London Stock Exchange)YesCommon StockGBUSDApr 2014

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/23 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.