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Ridley Corporation Limited (ASX:RIC)

AU$2.32

 0.02 (0.87%)
ASX:Live
01/12/2023 04:10:47 PM
HALO Small HALO Ords HALO MQV HALO Momentum HALO Earnings Momentum +3
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RIC Overview

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Price

Earnings

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Earnings

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Quality

Capital Efficiency

Balance Sheet

About RIC

Telephone

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Description

Ridley Corp. Ltd. engages in the production and market of stock feed and animal feed supplements. It operates through the following segments: Bulk Stockfeeds and Packaged Feeds & Ingredients. The Bulk Stockfeeds segment consists of animal nutrition stockfeed solutions delivered in bulk. The Packaged Feeds and Ingredients segment is engaged in providing animal nutrition feed and ingredient solutions delivered in packaged form. The company was founded in 1987 and is headquartered in Melbourne, Australia.

RIC Price Chart

Key Stats

Market Cap

AU$720.10M

PE

16.10

EV/EBITDA

7.5

Dividends Overview

DIV Yield

4.2%

Franking

100%

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 1.8 - 2.41

Trade Value (12mth)

AU$373,849.00

1 week

0%

1 month

4.55%

YTD

17.95%

1 year

18.56%

All time high

2.41

Key Fundamentals

EPS 3 yr Growth

-480.500%

EBITDA Margin

7.00%

Operating Cashflow

$79m

Free Cash Flow Return

20.70%

ROIC

10.90%

Interest Coverage

16.00

Quick Ratio

0.80

Other Data

Shares on Issue (Fully Dilluted)

333m

HALO Sector

Next Company Report Date

21-Aug-24

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

0.54

RIC Announcements

Latest Announcements

Date Announcements

31 October 23

Notification regarding unquoted securities - RIC

×

Notification regarding unquoted securities - RIC

31 October 05

Ridley Corporation Limited - AGM CEO Presentation

×

Ridley Corporation Limited - AGM CEO Presentation

31 May 22

Agfood Conference Presentation FY23-FY25 Growth Plan

×

Agfood Conference Presentation FY23-FY25 Growth Plan

31 August 23

Ceasing to be a substantial holder from WAM/WMI/WAX

×

Ceasing to be a substantial holder from WAM/WMI/WAX

30 September 13

Annual Report to shareholders

×

Annual Report to shareholders

30 September 08

Ridley Annual Report 2008

×

Ridley Annual Report 2008

30 November 22

Daily Buy-Back Notification

×

Daily Buy-Back Notification

30 November 16

Novacq presentation - UBS Emerging Companies Conference

×

Novacq presentation - UBS Emerging Companies Conference

30 May 16

Ridley Presentation at PIX/AMC

×

Ridley Presentation at PIX/AMC

30 June 23

Daily Buy-Back Notification

×

Daily Buy-Back Notification

30 April 14

Presentation for PAC Partners Agribusiness Conference

×

Presentation for PAC Partners Agribusiness Conference

29 September 21

Annual Report to shareholders

×

Annual Report to shareholders

29 September 16

Annual Report to shareholders

×

Annual Report to shareholders

29 September 14

Annual Report to shareholders

×

Annual Report to shareholders

29 September 10

Annual Report to shareholders

×

Annual Report to shareholders

29 November 22

Revised Securities Trading Policy

×

Revised Securities Trading Policy

29 November 22

Change of Director's Interest Notice

×

Change of Director's Interest Notice

29 November 22

Notification regarding unquoted securities - RIC

×

Notification regarding unquoted securities - RIC

29 May 23

CEO Retention Arrangements

×

CEO Retention Arrangements

29 June 23

Daily Buy-Back Notification

×

Daily Buy-Back Notification

29 August 16

FY16 Results Investor Presentation

×

FY16 Results Investor Presentation

29 April 20

Ridley Agfood Conference Presentation

×

Ridley Agfood Conference Presentation

29 April 09

CEO Investor Presentation

×

CEO Investor Presentation

28 September 23

Notification regarding unquoted securities - RIC

×

Notification regarding unquoted securities - RIC

28 September 23

Change of Director's Interest Notice

×

Change of Director's Interest Notice

28 September 20

Annual Report to shareholders

×

Annual Report to shareholders

28 September 17

Annual Report to shareholders

×

Annual Report to shareholders

28 September 15

Annual Report to shareholders

×

Annual Report to shareholders

RIC 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 0.08 0.13 0.13 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.08 0.13 0.13 Lock Lock Lock
     Growth % Lock Lock Lock Lock 324.4 70.0 -0.3 Lock Lock Lock
     PE X Lock Lock Lock Lock 16.2 17.1 16.1 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 7.4 7.6 7.5 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.18 0.19 0.23 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.20 0.02 0.06 Lock Lock Lock
     Growth % Lock Lock Lock Lock 46.1 6.9 21.7 Lock Lock Lock
     Yield % Lock Lock Lock Lock 17.9 1.0 3.0 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.02 0.07 0.08 Lock Lock Lock
     Growth % Lock Lock Lock Lock 33.3 270.0 11.5 Lock Lock Lock
     Yield % Lock Lock Lock Lock 1.0 3.7 4.2 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 26 56 62 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.90 0.99 1.00 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.66 0.75 0.76 Lock Lock Lock
     Growth % Lock Lock Lock Lock 14.0 13.9 1.3 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 325 332 330 Lock Lock Lock
Basic m Lock Lock Lock Lock 319 319 316 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 928 1,049 1,260 Lock Lock Lock
     Growth % Lock Lock Lock Lock -4.2 13.1 20.1 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 42 46 49 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 77 100 111 Lock Lock Lock
     Growth % Lock Lock Lock Lock 18.8 28.5 11.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 8.4 9.5 8.8 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 92 91 91 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 65 80 88 Lock Lock Lock
     Growth % Lock Lock Lock Lock 343.5 22.1 10.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 7.0 7.6 7.0 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 30 26 25 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 36 54 63 Lock Lock Lock
     Growth % Lock Lock Lock Lock 410.3 51.4 16.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock 3.8 5.1 5.0 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 35 60 59 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 10 18 17 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 25 42 42 Lock Lock Lock
     Growth % Lock Lock Lock Lock 329.2 70.4 -1.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock 2.7 4.0 3.3 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 86 47 79 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 22 24 35 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -16 36 -35 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -75 -96 -28 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 66 23 45 Lock Lock Lock
     Growth % Lock Lock Lock Lock 302.7 -65.7 96.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.1 0.0 0.0 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 20 32 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 40 27 43 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 613 607 618 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 132 57 77 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 97 35 38 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 326 291 302 Lock Lock Lock
Equity $m Lock Lock Lock Lock 288 316 315 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 420 373 392 Lock Lock Lock
     Growth % Lock Lock Lock Lock 58.8 -11.1 5.1 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 4.1 7.0 6.8 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 8.7 13.4 13.3 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 8.0 13.4 16.2 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 7.3 10.7 10.9 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 25.0 11.7 20.7 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 13.4 27.9 16.0 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 1.5 0.4 0.4 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 33.6 11.0 12.1 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 1.5 1.2 1.3 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 1.0 0.7 0.8 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 14.2 9.8 15.2 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 44.5 19.9 35.1 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 8.2 8.5 9.4 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 9.1 9.5 10.2 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 10.5 24.0 21.4 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 17.8 19.3 16.3 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 1.5 1.7 2.0 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 1.5 1.7 2.0 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 3.8 5.8 4.7 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 5.7 10.0 9.5 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 28.9 29.8 28.7 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 4.1 7.0 6.8 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 2.1 1.9 2.0 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 8.7 13.4 13.3 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 74.4 44.3 37.7 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 6.4 5.9 5.0 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 40.0 38.3 35.6 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 44.3 42.9 38.6 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 84.3 81.2 74.3 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 72.0 68.1 65.3 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 12.3 13.0 9.0 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

4.2%

Franking Level

100%

DPSg

11.49%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

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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

0.54%

Value ($M)

4

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

-0.10%

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Frequently Asked Questions

The current share price of Ridley Corporation Limited (RIC:ASX) is AU$2.32.
The 52-week high share price for Ridley Corporation Limited (RIC:ASX) is AU$2.41.
The 52-week low share price for Ridley Corporation Limited (RIC:ASX)? is AU$1.80.
The current TTM dividend payout for Ridley Corporation Limited (RIC:ASX) is 4.20.
The last dividend payment of Ridley Corporation Limited (RIC:ASX) is AU$0.04.
Ridley Corporation Limited (RIC:ASX) has a franking level of 100%.
Ridley Corporation Limited (RIC:ASX) is classified in the Staples.
The current P/E ratio for Ridley Corporation Limited (RIC:ASX) is 16.10.