ELDERS LIMITED (ELD)
Share Price Analysis and Chart

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ELD - ELDERS LIMITED

FNArena Sector : Agriculture
Year End: September
GICS Industry Group : Food, Beverage & Tobacco
Debt/EBITDA: N/A
Index: ASX200 | ASX300 | ALL-ORDS

Elders is an Australian agribusiness that provides products and services to primary producers in Australia and New Zealand. With roots going back to 1839, it has been a listed entity since 1981.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$8.65

18 Nov
2024

0.000

OPEN

$8.65

0.000

HIGH

$8.65

0

LOW

$8.65

TARGET
$9.325

+0.19 change from previous day

 7.8% upside
Franking for last dividend paid out: 50%
OTHER COMPANIES IN THE SAME SECTOR
AAC . AMN . APC . CBO . CXM . D2O . GNC . HFR . IPL . LGL . MWY . NUF . RIC . SGLLV . SHV . TFL . WLD .
FNARENA'S MARKET CONSENSUS FORECASTS
ELD: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx N/A 61.5 xxx
DPS (cps) xxx N/A 38.8 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 12.8 xxx
Dividend Yield xxx N/A 4.9% xxx
Div Pay Ratio(%) xxx N/A 63.0% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 N/A

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 28/05 - ex-div 18c (franking 50%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic 61.257.079.895.8104.164.4
DPS All 17.817.922.042.056.046.0
Sales/Revenue 1,613.3 M1,667.3 M2,092.6 M2,548.9 M3,445.3 M3,321.4 M
Book Value Per Share 261.6347.1430.8495.6546.3551.2
Net Operating Cash Flow -12.1 M11.2 M142.3 M142.2 M113.7 M169.2 M
Net Profit Margin 4.88 %4.56 %5.88 %5.88 %4.73 %3.04 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed 27.98 %19.03 %21.15 %20.71 %19.98 %11.74 %
Return on Invested Capital 27.93 %18.98 %19.45 %18.49 %18.16 %10.13 %
Return on Assets 8.85 %7.61 %9.22 %8.57 %8.20 %4.71 %
Return on Equity 27.98 %19.03 %21.15 %20.71 %19.98 %11.74 %
Return on Total Capital 14.45 %12.38 %14.58 %15.53 %19.88 %12.46 %
Free Cash Flow ex dividends -42.1 M-11.7 M109.8 M87.3 M23.6 M65.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt 184 M101 M187 M192 M212 M302 M
Long Term Debt 1 M1 M101 M73 M91 M183 M
Total Debt 185 M102 M288 M265 M303 M485 M
Goodwill - Gross 48 M60 M147 M175 M199 M232 M
Cash & Equivalents - Generic 12 M7 M51 M48 M18 M21 M
Price To Book Value 2.681.822.522.472.171.05

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex 5.7 M30.4 M8.9 M8.2 M25.2 M47.8 M
Capex % of Sales 0.35 %1.82 %0.42 %0.32 %0.73 %1.44 %
Cost of Goods Sold 1,265 M1,322 M1,662 M2,031 M2,805 M2,717 M
Selling, General & Admin. Exp & Other 284 M278 M317 M363 M421 M448 M
Research & Development ------
Investments - Total 56 M55 M58 M59 M49 M80 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Bell Potter

19/11/2024

1

Buy

$9.45

9.25%

FY24 underlying earnings (EBIT) for Elders were in line with guidance, as a higher-than-expected contribution from the agency segment was largely offset by weaker retail performance and higher corporate overheads, explains Bell Potter.

While no formal guidance was provided, the broker notes management commentary suggests improved market conditions, with FY24 acquisitions expected to contribute positively in FY25.

The Buy rating and $9.45 target price remain unchanged.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 41.00 cents and EPS of 56.20 cents.
Bell Potter forecasts a full year FY26 dividend of 43.00 cents and EPS of 66.30 cents.

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

30/09/2024

3

Market Weight

$8.07

-6.71%

Wilsons revisits the earnings outlook for Elders as the 2H24 comes to an end. The analyst notes livestock prices have moved off the lows and saleyard volumes have been robust over the period.

Real estate activity has slowed which is expected to impact on the company's Real Estate Services on a like-for-like basis.

In retail products the broker highlights channel checks infer strength across fertiliser, agchem and animal health.

Target price falls to $8.07 from $8.26 for a downward revision in earnings forecasts. Market weight rating unchanged.

FORECAST
Wilsons forecasts a full year FY25 dividend of 36.00 cents and EPS of 55.40 cents.
Access Extra Coverage Research History >

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