# Adecoagro S.A. (AGRO) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Defensive / Household Products. Price $11.77, market value $1.7 billion.

## Valuation
- **P/E (trailing): 31.0×** (5-yr avg 7.2×, 3-yr avg 7.6×). Adecoagro S.A. trades at 31.0× trailing earnings, well above its own five-year average of 7.2×: investors are paying up relative to the company's past. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 9.4×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.0×**. Each dollar of revenue is priced at 1.0×.
- **Price / book: 1.0×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 5.3×**. Enterprise value is 5.3× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 3.1%** (5-yr avg 13.1%). Free cash flow equals 3.1% of the market value, below its five-year average of 13.1%, so the shares are pricier on cash than usual.
- **Earnings yield: 3.2%**. The inverse of the P/E: 3.2% of the price is earned each year.

## Profitability
- **Gross margin: 30.0%**. Adecoagro S.A. keeps 30.0% of revenue after the direct cost of what it sells.
- **Operating margin: 11.5%**. 11.5% of revenue is left after running the business.
- **Net margin: -0.6%**. The company reported a net loss over the last twelve months.
- **Return on equity: -0.5%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 3.6%**. Return on all capital, debt included, is 3.6%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 1.1%**. Each dollar of assets produces 1.1% of profit.

## Growth
- **Revenue growth (1 yr): -6.0%** (3-yr 1.9%/yr, 5-yr 11.8%/yr). Revenue fell 6.0% over the last year, against 11.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -105.3%**. Earnings per share fell 105.3%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -34.8%/yr**. Free cash flow has compounded at -34.8% a year over three years.

## Financial health
- **Debt to equity: 1.18**. Debt is 1.18 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 2.5×**. It would take 2.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 1.0×**. Operating profit covers interest only 1.0×: fragile.
- **Current ratio: 1.38** (quick 0.82). Current assets cover the next year's liabilities 1.38 times.
- **Altman Z-score: 1.14**. A Z-score of 1.14 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 2.52%** ($0.30 per share, trailing). Adecoagro S.A. yields 2.52%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 4**. 4 straight years of increases.

## Analyst view
- **Analyst consensus: hold** (7 analysts). 7 analysts cover Adecoagro S.A.; the consensus is hold, with an average price target of $13.14 (+12% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 43.4%** (YTD 49.7%, 3-mo 3.1%). The shares are up 43.4% over twelve months including dividends.
- **From 52-week high: -25.9%** (70.8% above the low). Trading 26% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 64**. An RSI of 64 is neutral.
- **Beta (1 yr): -0.27** (volatility 51%). Beta of -0.27 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AGRO · Page: https://foliofundamentals.com/stocks/agro

Not investment advice.