# Ag Growth International Inc. (AFN.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Industrials / Machinery. Price C$14.51, market value C$273 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Ag Growth International Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.2×**. Each dollar of revenue is priced at 0.2×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 13.2×**. Enterprise value is 13.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -12.0%** (5-yr avg -1.0%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 24.6%**. Ag Growth International Inc. keeps 24.6% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 7.5%**. 7.5% of revenue is left after running the business.
- **Net margin: -1.9%**. The company reported a net loss over the last twelve months.
- **Return on equity: -10.7%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 8.7%**. Return on all capital, debt included, is 8.7%.
- **Return on assets: -6.8%**. Each dollar of assets produces -6.8% of profit.

## Growth
- **Revenue growth (1 yr): 1.1%** (3-yr -0.9%/yr, 5-yr 7.4%/yr). Revenue grew 1.1% over the last year, against 7.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -33.3%**. Earnings per share fell 33.3%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 4.08**. Debt is 4.08 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 10.2×**. It would take 10.2 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: 1.4×**. Operating profit covers interest only 1.4×: fragile.
- **Current ratio: 1.28** (quick 0.88). Current assets cover the next year's liabilities 1.28 times.
- **Piotroski F-score: 1/9**. 1 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 4.14%** (C$0.30 per share, trailing). Ag Growth International Inc. yields 4.14%, an income-level yield.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Dividend growth (5 yr): -10.6%/yr** (1-yr 0.0%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): -64.1%** (YTD -37.5%, 3-mo -34.4%). The shares are down 64.1% over twelve months including dividends.
- **From 52-week high: -64.8%** (16.5% above the low). Trading 65% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 0.64** (volatility 75%). Beta of 0.64 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AFN.TO · Page: https://foliofundamentals.com/stocks/afn.to

Not investment advice.
