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ELD · ASX

Elders Limited (ASX:ELD)

AU$8.4

 -0.025 (-0.297%)
ASX:Live
24/05/2024 01:10:28 PM
Short Sold <-1 over the month Recent Earnings downgrade Hammer Bullish Hammer Bearish HALO Small +5
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

ELD Overview

ELD Health Scores

Short Term

Mean Revision

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Very Strong

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Very Strong

Growth

Earnings

Very Strong

Dividends

Strong

Quality

Capital Efficiency

Neutral

Balance Sheet

Strong

About ELD

Telephone

Address

Description

Elders Ltd. is engaged in providing financial, real estate services to rural, agricultural and automotive businesses. The firm operates its business through the following segments: Branch Network, Wholesale Products, Feed and Processing Services, and Corporate Services and Other. The Branch Network segment includes the provision of a range of agricultural products and services through a common distribution channel. The Wholesale Products segment comprises of the AIRR business based in Shepparton, Victoria, supported by a network of eight warehouses to supply independent retail stores throughout Australia. The Feed and Processing Services segment focuses on Killara feedlot, a beef cattle feedlot near Tamworth in New South Wales. The Corporate Services and Other segment provides general investment activities not associated with the other business segments and the administrative corporate office activities. The company was founded by Alexander Lang Elder in 1839 and is headquartered in Adelaide, Australia.

ELD Price Chart

Key Stats

Market Cap

AU$1.32B

PE

9.50

EV/EBITDA

5.8

Dividends Overview

DIV Yield

6.3%

Franking

50%

Ex Dividend Date (est.)

28-May-24

Market Data

52 weeks range

Low 5.46 - 9.97

Trade Value (12mth)

AU$1,598,342.00

1 week

2.56%

1 month

0.36%

YTD

12.27%

1 year

29.34%

All time high

229.6739959716797

Key Fundamentals

EPS 3 yr Growth

-19.200%

EBITDA Margin

6.50%

Operating Cashflow

$169m

Free Cash Flow Return

17.00%

ROIC

10.10%

Interest Coverage

9.70

Quick Ratio

0.80

Other Data

Shares on Issue (Fully Dilluted)

157m

HALO Sector

Next Company Report Date

18-Nov-24

Ex Dividend Date (est.)

28-May-24

Next Dividend Pay Date (est.)

26-Jun-24

Reporting Currency

AUD

Short Sell (% of issue)

3.71

ELD Announcements

Latest Announcements

Date Announcements

22 May 24

Becoming a substantial holder

×

Becoming a substantial holder

21 May 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

20 May 24

Half Yearly Report and Accounts

×

Half Yearly Report and Accounts

20 May 24

Dividend/Distribution - ELD

×

Dividend/Distribution - ELD

20 May 24

Elders Limited Half Year Results Announcement

×

Elders Limited Half Year Results Announcement

20 May 24

Elders Limited Half Year Results Investor Presentation

×

Elders Limited Half Year Results Investor Presentation

20 May 24

Elders Agrees Refinancing Terms

×

Elders Agrees Refinancing Terms

20 May 24

MD and CEO Remuneration Arrangements

×

MD and CEO Remuneration Arrangements

14 May 24

HY24 Results Announcement and Conference Calls

×

HY24 Results Announcement and Conference Calls

09 May 24

Elders Limited Investor Presentation

×

Elders Limited Investor Presentation

08 May 24

Becoming a substantial holder

×

Becoming a substantial holder

01 May 24

Elders Acquisition of Major Tasmanian Real Estate Network

×

Elders Acquisition of Major Tasmanian Real Estate Network

19 April 24

Non-Executive Director Appointment

×

Non-Executive Director Appointment

19 April 24

Dividend Reinvestment Plan

×

Dividend Reinvestment Plan

15 April 24

Elders Limited 2023 Modern Slavery Statement

×

Elders Limited 2023 Modern Slavery Statement

08 April 24

FY24 Trading Update

×

FY24 Trading Update

21 March 24

Elders Insurance Joint Venture to Be Extended

×

Elders Insurance Joint Venture to Be Extended

04 March 24

Key Dates 2024

×

Key Dates 2024

01 February 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

25 January 24

Becoming a substantial holder

×

Becoming a substantial holder

23 January 24

Becoming a substantial holder

×

Becoming a substantial holder

22 December 23

Notification regarding unquoted securities - ELD

×

Notification regarding unquoted securities - ELD

22 December 23

Change of Director's Interest Notice

×

Change of Director's Interest Notice

21 December 23

Application for quotation of securities - ELD

×

Application for quotation of securities - ELD

21 December 23

Elders and Rural Bank

×

Elders and Rural Bank

ELD Fundamentals

Per Share Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.96 1.04 0.64 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.95 1.04 0.64 Lock Lock Lock
     Growth % Lock Lock Lock Lock 20.1 8.6 -38.1 Lock Lock Lock
     PE X Lock Lock Lock Lock 13.7 12.6 9.5 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 10.7 8.4 5.8 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 1.56 2.09 1.53 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.56 0.15 0.42 Lock Lock Lock
     Growth % Lock Lock Lock Lock 29.6 34.1 -27.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 4.6 1.3 7.3 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.42 0.56 0.46 Lock Lock Lock
     Growth % Lock Lock Lock Lock 90.9 33.3 -17.9 Lock Lock Lock
     Yield % Lock Lock Lock Lock 3.4 4.2 6.3 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 44 54 71 Lock Lock Lock
BPS $ Lock Lock Lock Lock 4.96 5.46 5.51 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 2.83 3.13 2.90 Lock Lock Lock
     Growth % Lock Lock Lock Lock 20.8 10.8 -7.6 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 157 156 156 Lock Lock Lock
Basic m Lock Lock Lock Lock 156 156 156 Lock Lock Lock

Financial Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 2,549 3,445 3,321 Lock Lock Lock
     Growth % Lock Lock Lock Lock 21.8 35.2 -3.6 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 363 421 448 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 518 640 605 Lock Lock Lock
     Growth % Lock Lock Lock Lock 20.5 23.4 -5.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock 20.3 18.6 18.2 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 80 81 82 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 196 267 214 Lock Lock Lock
     Growth % Lock Lock Lock Lock 26.7 35.7 -19.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 7.7 7.7 6.5 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 41 47 58 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 156 219 157 Lock Lock Lock
     Growth % Lock Lock Lock Lock 37.2 41.0 -28.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 6.1 6.4 4.7 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 147 225 125 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 4 68 33 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 150 163 101 Lock Lock Lock
     Growth % Lock Lock Lock Lock 21.8 8.7 -38.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 5.9 4.7 3.0 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 142 114 169 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 8 25 48 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -35 -45 -132 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -109 -99 -33 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 136 97 139 Lock Lock Lock
     Growth % Lock Lock Lock Lock 0.6 -28.3 43.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.1 0.0 0.0 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 11 11 12 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 48 18 21 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 1,870 2,101 2,181 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 73 91 183 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 217 285 463 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 1,092 1,240 1,314 Lock Lock Lock
Equity $m Lock Lock Lock Lock 775 855 862 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 848 946 1,045 Lock Lock Lock
     Growth % Lock Lock Lock Lock 9.9 11.5 10.5 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 8.0 7.8 4.6 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 19.3 19.1 11.7 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 15.5 19.9 12.5 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 18.5 18.2 10.1 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 17.5 12.7 17.0 Lock Lock Lock

Ratios Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock 25.4 33.6 9.7 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 1.1 1.1 2.2 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 28.0 33.3 53.7 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 1.3 1.3 1.3 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.8 0.8 0.8 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 4.1 1.3 1.7 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 15.4 10.8 16.7 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 3.8 4.5 4.3 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 6.0 6.0 4.9 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 10.7 9.9 11.5 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 22.5 19.3 16.7 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 1.4 1.6 1.5 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 1.4 1.6 1.5 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 5.8 6.5 3.8 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 7.8 10.7 5.7 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 2.7 30.1 26.5 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 8.0 7.8 4.6 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 2.4 2.5 2.5 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 19.3 19.1 11.7 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 56.2 46.2 28.6 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 10.8 8.8 3.3 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 61.0 60.9 73.8 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 95.2 81.7 84.5 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 156.2 142.6 158.3 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 89.5 75.6 82.5 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 66.7 66.9 75.8 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

28-May-24

DIV Yield

6.3%

Franking Level

50%

DPSg

-17.90%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
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Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

3.71%

Value ($M)

48

Prior Change

N/A

7 Day Change

-0.10%

1 Month Change

-1.30%

3 Month Change

N/A

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ELD Shortsell

Frequently Asked Questions

The current share price of Elders Limited (ELD:ASX) is AU$8.4.
The 52-week high share price for Elders Limited (ELD:ASX) is AU$9.97.
The 52-week low share price for Elders Limited (ELD:ASX)? is AU$5.46.
The current TTM dividend payout for Elders Limited (ELD:ASX) is 6.30.
The last dividend payment of Elders Limited (ELD:ASX) is AU$0.23.
Elders Limited (ELD:ASX) has a franking level of 50.0%.
Elders Limited (ELD:ASX) is classified in the Staples.
The current P/E ratio for Elders Limited (ELD:ASX) is 9.50.