Astral Foods Limited operates as an integrated poultry producer in South Africa and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||R186.88|
|52 Week High||R110.79|
|52 Week Low||R189.50|
|1 Month Change||19.60%|
|3 Month Change||22.76%|
|1 Year Change||34.51%|
|3 Year Change||-1.44%|
|5 Year Change||46.88%|
|Change since IPO||2,311.36%|
Recent News & Updates
|ARL||ZA Food||ZA Market|
Return vs Industry: ARL exceeded the ZA Food industry which returned 5.8% over the past year.
Return vs Market: ARL exceeded the ZA Market which returned 21.2% over the past year.
Stable Share Price: ARL is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ARL's weekly volatility (5%) has been stable over the past year.
About the Company
Astral Foods Limited operates as an integrated poultry producer in South Africa and internationally. It operates through three segments: Poultry, Feed, and Other Africa. The company engages in the breeding operations; sale of day-old chicks and hatching eggs; broiler production; abattoirs; and processing, marketing, sale, and distribution of poultry products.
Astral Foods Fundamentals Summary
|ARL fundamental statistics|
Is ARL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ARL income statement (TTM)|
|Cost of Revenue||R11.98b|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||10.79|
|Net Profit Margin||2.85%|
How did ARL perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is Astral Foods undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ARL (ZAR186.88) is trading below our estimate of fair value (ZAR322.41)
Significantly Below Fair Value: ARL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ARL is poor value based on its PE Ratio (17.3x) compared to the ZA Food industry average (10.9x).
PE vs Market: ARL is poor value based on its PE Ratio (17.3x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: ARL is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: ARL is overvalued based on its PB Ratio (1.8x) compared to the ZA Food industry average (1.2x).
How is Astral Foods forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ARL's forecast earnings growth (33.4% per year) is above the savings rate (8.8%).
Earnings vs Market: ARL's earnings (33.4% per year) are forecast to grow faster than the ZA market (12.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ARL's revenue (4.8% per year) is forecast to grow slower than the ZA market (6.2% per year).
High Growth Revenue: ARL's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ARL's Return on Equity is forecast to be low in 3 years time (16%).
How has Astral Foods performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARL has high quality earnings.
Growing Profit Margin: ARL's current net profit margins (2.9%) are lower than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: ARL's earnings have grown by 1.3% per year over the past 5 years.
Accelerating Growth: ARL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ARL had negative earnings growth (-35.5%) over the past year, making it difficult to compare to the Food industry average (0.6%).
Return on Equity
High ROE: ARL's Return on Equity (10.5%) is considered low.
How is Astral Foods's financial position?
Financial Position Analysis
Short Term Liabilities: ARL's short term assets (ZAR3.7B) exceed its short term liabilities (ZAR2.4B).
Long Term Liabilities: ARL's short term assets (ZAR3.7B) exceed its long term liabilities (ZAR1.1B).
Debt to Equity History and Analysis
Debt Level: ARL's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: ARL's debt to equity ratio has reduced from 17.9% to 0.2% over the past 5 years.
Debt Coverage: ARL's debt is well covered by operating cash flow (13455.4%).
Interest Coverage: ARL's interest payments on its debt are well covered by EBIT (13.4x coverage).
What is Astral Foods's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ARL's dividend (3.21%) is higher than the bottom 25% of dividend payers in the ZA market (3.05%).
High Dividend: ARL's dividend (3.21%) is low compared to the top 25% of dividend payers in the ZA market (8.04%).
Stability and Growth of Payments
Stable Dividend: ARL's dividend payments have been volatile in the past 10 years.
Growing Dividend: ARL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (99.9%), ARL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ARL's dividends in 3 years are forecast to be covered by earnings (56.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Schutte (61 yo)
Mr. Christiaan Ernst Schutte, also known as Chris, MBA, F.D.P., has been the Chief Executive Officer of Astral Foods Limited since May 1, 2009 and has been its Executive Director since August 18, 2005. Mr....
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD1.47M) is above average for companies of similar size in the ZA market ($USD717.23K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Experienced Management: ARL's management team is considered experienced (4.8 years average tenure).
Experienced Board: ARL's board of directors are considered experienced (7.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Astral Foods Limited's employee growth, exchange listings and data sources
- Name: Astral Foods Limited
- Ticker: ARL
- Exchange: JSE
- Founded: 2001
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: R7.206b
- Shares outstanding: 38.56m
- Website: https://www.astralfoods.com
Number of Employees
- Astral Foods Limited
- 92 Koranna Avenue
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/15 22:40|
|End of Day Share Price||2021/10/15 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.