Added to YB: 2025-06-09
Pitch date: 2025-06-05
ELD.AX [bullish]
Elders Limited
+16.45%
current return
Author Info
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Company Info
Elders Limited provides agricultural products and services to rural and regional customers primarily in Australia.
Market Cap
AUD 1.2B
Pitch Price
AUD 6.00
Price Target
18.00 (+158%)
Dividend
5.91%
EV/EBITDA
7.29
P/E
15.29
EV/Sales
0.53
Sector
Food Products
Category
growth
The 185 Years Young Farm Supplier with 3x Upside
ELD.AX: 185yr old Aussie ag supplier; bull case on cattle prices +20-30¢/kg, winter crop outlook solid, global supply issues. FY24 net income fell to $45M from $163M in FY22. Potential 3x upside (37% CAGR over 3.5yrs) to A$18 with revenue growth to A$3.76B, 6.5% FCF margin, 14x P/FCF multiple.
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