RIDLEY CORPORATION LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.23 AUD | -4.29% |
|
-3.46% | -18.91% |
| Mar. 28 | Ridley Completes Oceania Meat Processors Acquisition | MT |
| Feb. 14 | Transcript : Ridley Corporation Limited, H1 2024 Earnings Call, Feb 14, 2024 |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 370.4 | 230.1 | 364.2 | 571.9 | 631.8 | 704.3 | - | - |
| Enterprise Value (EV) 1 | 471.8 | 377.3 | 456.6 | 594.8 | 661.3 | 804.6 | 794.2 | 789.1 |
| P/E ratio | 15.7 x | -25.9 x | 15 x | 14 x | 15.7 x | 16.8 x | 13.7 x | 12.7 x |
| Yield | 3.57% | 2.07% | 1.75% | 4.13% | 4.13% | 3.85% | 4.56% | 4.91% |
| Capitalization / Revenue | 0.37 x | 0.24 x | 0.39 x | 0.55 x | 0.5 x | 0.55 x | 0.51 x | 0.49 x |
| EV / Revenue | 0.47 x | 0.39 x | 0.49 x | 0.57 x | 0.52 x | 0.63 x | 0.58 x | 0.55 x |
| EV / EBITDA | 8.69 x | 6.34 x | 6.61 x | 7.42 x | 7.47 x | 8.38 x | 7.19 x | 6.72 x |
| EV / FCF | - | - | 5.86 x | 26.1 x | 14.9 x | 40 x | 16.7 x | 16.1 x |
| FCF Yield | - | - | 17.1% | 3.83% | 6.69% | 2.5% | 5.99% | 6.19% |
| Price to Book | 1.32 x | 0.87 x | 1.26 x | 1.81 x | 2 x | 2.16 x | 2.07 x | 1.99 x |
| Nbr of stocks (in thousands) | 311,256 | 317,432 | 319,495 | 319,495 | 315,905 | 315,833 | - | - |
| Reference price 2 | 1.190 | 0.7250 | 1.140 | 1.790 | 2.000 | 2.230 | 2.230 | 2.230 |
| Announcement Date | 8/23/19 | 8/25/20 | 8/24/21 | 8/17/22 | 8/16/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Juni | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,003 | 967.9 | 927.7 | 1,049 | 1,260 | 1,285 | 1,372 | 1,424 |
| EBITDA 1 | 54.3 | 59.5 | 69.1 | 80.14 | 88.5 | 95.99 | 110.4 | 117.3 |
| EBIT 1 | 35.4 | 33.3 | 39.5 | 54.37 | 63.72 | 70.17 | 82.99 | 88.7 |
| Operating Margin | 3.53% | 3.44% | 4.26% | 5.18% | 5.06% | 5.46% | 6.05% | 6.23% |
| Earnings before Tax (EBT) 1 | - | - | 35 | - | 58.64 | 62.3 | 71.5 | 78.2 |
| Net income 1 | 23.56 | -8.64 | 24.9 | 42.43 | 41.82 | 43.29 | 51.63 | 55.95 |
| Net margin | 2.35% | -0.89% | 2.68% | 4.04% | 3.32% | 3.37% | 3.76% | 3.93% |
| EPS 2 | 0.0760 | -0.0280 | 0.0760 | 0.1280 | 0.1270 | 0.1326 | 0.1625 | 0.1752 |
| Free Cash Flow 1 | - | - | 77.88 | 22.79 | 44.25 | 20.1 | 47.53 | 48.87 |
| FCF margin | - | - | 8.39% | 2.17% | 3.51% | 1.56% | 3.46% | 3.43% |
| FCF Conversion (EBITDA) | - | - | 112.7% | 28.44% | 49.99% | 20.94% | 43.05% | 41.64% |
| FCF Conversion (Net income) | - | - | 312.76% | 53.71% | 105.79% | 46.43% | 92.06% | 87.34% |
| Dividend per Share 2 | 0.0425 | 0.0150 | 0.0200 | 0.0740 | 0.0825 | 0.0858 | 0.1018 | 0.1094 |
| Announcement Date | 8/23/19 | 8/25/20 | 8/24/21 | 8/17/22 | 8/16/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 | 2026 S1 | 2026 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 480.6 | 470.2 | 457.6 | - | 540.4 | 637.9 | 622.3 | 637.8 | 669.5 | 713.1 | 739.4 | 755.4 | 771.9 |
| EBITDA | - | 32 | - | 32 | - | 41 | 44.12 | 44.38 | - | - | - | - | - | - |
| EBIT 1 | - | 18.7 | - | 17 | - | 28.45 | 31.48 | 32.25 | 35.43 | 35.53 | 38.89 | 45.05 | 45.16 | 47.48 |
| Operating Margin | - | 3.89% | - | 3.72% | - | 5.26% | 4.93% | 5.18% | 5.55% | 5.31% | 5.45% | 6.09% | 5.98% | 6.15% |
| Earnings before Tax (EBT) 1 | - | - | - | 18 | - | 28.89 | 29.42 | - | 30.29 | 31.4 | 32.91 | 39.91 | 39.66 | 42.11 |
| Net income | 0.396 | -9.036 | - | 13.3 | 22.58 | 19.85 | 20.96 | - | - | - | - | - | - | - |
| Net margin | - | -1.88% | - | 2.91% | - | 3.67% | 3.29% | - | - | - | - | - | - | - |
| EPS | 0.001000 | - | 0.0360 | - | 0.0680 | - | 0.0640 | - | 0.0660 | - | 0.0714 | 0.0866 | 0.0861 | 0.0914 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/25/20 | 8/25/20 | 2/23/21 | 8/24/21 | 2/16/22 | 8/17/22 | 2/15/23 | 8/16/23 | 2/13/24 | - | - | - | - | - |
1AUD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 101 | 147 | 92.4 | 22.9 | 29.5 | 100 | 89.8 | 84.7 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.868 x | 2.474 x | 1.337 x | 0.2857 x | 0.3333 x | 1.045 x | 0.8137 x | 0.7222 x |
| Free Cash Flow 1 | - | - | 77.9 | 22.8 | 44.2 | 20.1 | 47.5 | 48.9 |
| ROE (net income / shareholders' equity) | 8.72% | 8.28% | 9.09% | 12% | 13.2% | 13.6% | 15.1% | 15.5% |
| ROA (Net income/ Total Assets) | 4.35% | 3.66% | - | - | 6.83% | 8.27% | 9% | 9.33% |
| Assets 1 | 541.7 | -236.3 | - | - | 612.5 | 523.7 | 573.7 | 599.5 |
| Book Value Per Share 2 | 0.9000 | 0.8400 | 0.9000 | 0.9900 | 1.000 | 1.030 | 1.080 | 1.120 |
| Cash Flow per Share 2 | 0.1200 | 0.0800 | 0.2600 | 0.1400 | 0.2400 | 0.1900 | 0.2800 | 0.2900 |
| Capex 1 | 73.3 | 56.2 | 19.4 | 23.8 | 34.3 | 37.7 | 37.1 | 36 |
| Capex / Sales | 7.31% | 5.81% | 2.09% | 2.27% | 2.72% | 2.93% | 2.71% | 2.53% |
| Announcement Date | 8/23/19 | 8/25/20 | 8/24/21 | 8/17/22 | 8/16/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
2.23
AUD
Average target price
2.719
AUD
Spread / Average Target
+21.94%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -18.91% | 459M | |
| +11.33% | 11.43B | |
| -0.75% | 5.77B | |
| -4.08% | 4.87B | |
| -23.66% | 2.58B | |
| -5.06% | 1.75B | |
| -24.53% | 1.11B | |
| -23.66% | 882M | |
| -18.46% | 865M | |
| +24.67% | 855M |
- Stock Market
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- Financials Ridley Corporation Limited
