AGRO Chart
About

Adecoagro S.A., engages in agricultural and agro-industrial activities in Argentina, Brazil, Chile, and Uruguay. The company operates through two segments, Farming; and Sugar, Ethanol, and Energy. The company is involved in the production of a range of agricultural commodities, including soybean, corn, wheat, peanut, sunflower, cotton, and others; planting, harvesting, processing, and marketing of white, brown, and rough rice; genetic development of seeds; and production of dairy products, such as raw milk, ultra-high temperature milk, UP milk, powdered milk, semi-hard cheese, cream, cream and cocoa flavored milk, chocolate and fluid milk, and other dairy products. It also generates electricity through burning biogas extracted from effluents produced by its dairy cattle; and provides grain warehousing and conditioning, and handling and drying services. In addition, the company cultivates and harvests sugarcane to produce sugar, ethanol, biomethane, and electricity; and sells carbon credits. Further, it engages in land transformation activities, such as the acquisition of farmlands or businesses with underdeveloped or underutilized agricultural land; and the implementation of production technology and agricultural practices. The company was founded in 2002 and is based in Luxembourg, Luxembourg. As of May 1, 2025, Adecoagro S.A. operates as a subsidiary of Tether Investments, S.A. De C.V.

Fundamentals
Scroll to Statements
Sector Consumer Defensive Industry Farm Products Market Cap 1.29B
Enterprise Value 2.22B Income 23.40M Sales 1.39B
Book/sh 13.71 Cash/sh 3.65 Dividend Yield 3.83%
Payout 149.15% Employees — IPO —
P/E 39.74 Forward P/E 6.70 PEG —
P/S 0.93 P/B 0.67 P/C —
EV/EBITDA 7.76 EV/Sales 1.60 Quick Ratio 1.17
Current Ratio 2.80 Debt/Eq 111.73 LT Debt/Eq —
EPS (ttm) 0.23 EPS next Y 1.36 EPS Growth -65.60%
Revenue Growth -35.50% Earnings 2026-03-16 ROA 1.57%
ROE 1.69% ROIC — Gross Margin 18.63%
Oper. Margin 4.10% Profit Margin 1.69% Shs Outstand 141.47M
Shs Float 19.96M Short Float 1.08% Short Ratio 1.36
Short Interest — 52W High 11.79 52W Low 6.89
Beta 0.41 Avg Volume 864.75K Volume 201.88K
Target Price $10.64 Recom Hold Prev Close $8.92
Price $9.14 Change 2.47%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$10.64
Mean price target
2. Current target
$9.14
Latest analyst target
3. DCF / Fair value
$-7.31
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.14
Low
$7.00
High
$17.00
Mean
$10.64

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-02 main UBS Neutral → Neutral $8
2025-09-03 main UBS Neutral → Neutral $9
2025-07-16 main Morgan Stanley Underweight → Underweight $10
2025-04-29 main UBS Neutral → Neutral $10
2025-04-28 down Morgan Stanley Equal-Weight → Underweight $10
2024-10-14 init UBS — → Neutral $12
2024-09-26 main JP Morgan Neutral → Neutral $12
2024-09-17 down Morgan Stanley Overweight → Equal-Weight $13
2024-09-09 main B of A Securities Buy → Buy $15
2024-07-01 up JP Morgan Underweight → Neutral $12
2023-12-08 down JP Morgan Neutral → Underweight $11
2023-12-05 up B of A Securities Neutral → Buy $14
2023-11-17 main JP Morgan Neutral → Neutral $12
2023-09-06 up B of A Securities Underperform → Neutral $13
2023-07-17 up Morgan Stanley Underweight → Equal-Weight $13
2023-04-17 down HSBC Buy → Hold $10
2023-02-08 down JP Morgan Overweight → Neutral $9
2023-02-07 down Morgan Stanley Equal-Weight → Underweight $9
2022-12-14 down Morgan Stanley Overweight → Equal-Weight $10
2022-09-30 init Itau BBA — → Outperform $10
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-21.31M29.62M-4.23M-13.54M
TaxRateForCalcs0.250.260.200.25
NormalizedEBITDA498.16M536.61M492.32M529.37M
TotalUnusualItems-85.24M115.00M-21.42M-53.91M
TotalUnusualItemsExcludingGoodwill-85.24M115.00M-21.42M-53.91M
NetIncomeFromContinuingOperationNetMinorityInterest92.34M226.29M108.14M130.67M
ReconciledDepreciation304.02M274.10M254.38M218.13M
ReconciledCostOfRevenue821.40M633.22M655.04M444.78M
EBITDA412.92M651.61M470.89M475.46M
EBIT108.89M377.50M216.51M257.33M
NetInterestIncome-66.50M-17.08M-84.13M-63.20M
InterestExpense73.81M72.11M81.15M82.78M
InterestIncome16.05M7.13M5.78M4.08M
NormalizedIncome156.27M140.92M125.33M171.04M
NetIncomeFromContinuingAndDiscontinuedOperation92.34M226.29M108.14M130.67M
TotalExpenses1.33B1.09B1.11B832.69M
RentExpenseSupplemental4.01M2.34M2.48M2.85M
TotalOperatingIncomeAsReported182.30M241.56M249.80M278.02M
DilutedAverageShares103.07M107.49M110.44M111.10M
BasicAverageShares102.60M107.09M110.08M111.10M
DilutedEPS0.902.100.981.18
BasicEPS0.902.110.981.18
DilutedNIAvailtoComStockholders92.34M226.29M108.14M130.67M
NetIncomeCommonStockholders92.34M226.29M108.14M130.67M
NetIncome92.34M226.29M108.14M130.67M
MinorityInterests239.00K-430.00K-468.00K-48.00K
NetIncomeIncludingNoncontrollingInterests92.10M226.72M108.61M130.72M
NetIncomeContinuousOperations92.10M226.72M108.61M130.72M
TaxProvision-57.02M78.67M26.76M43.84M
PretaxIncome35.09M305.39M135.36M174.55M
OtherIncomeExpense-85.24M115.00M-21.42M-53.91M
SpecialIncomeCharges3.10M39.90M11.68M-387.00K
GainOnSaleOfPPE3.64M11.08M3.72M-387.00K
GainOnSaleOfBusiness0.0010.00K
OtherSpecialCharges-13.72M-28.82M2.14M-11.54M
ImpairmentOfCapitalAssets14.26M0.000.00
RestructuringAndMergernAcquisition0.000.00-10.11M0.00
GainOnSaleOfSecurity-88.35M75.10M-33.10M-53.52M
NetNonOperatingInterestIncomeExpense-66.50M-17.08M-84.13M-63.20M
TotalOtherFinanceCost8.74M-47.89M8.76M-15.50M
InterestExpenseNonOperating73.81M72.11M81.15M82.78M
InterestIncomeNonOperating16.05M7.13M5.78M4.08M
OperatingIncome186.82M207.48M240.92M291.66M
OperatingExpense248.01M207.91M224.71M192.59M
OtherOperatingExpenses-9.80M4.98M-5.50M816.00K
OtherTaxes44.35M35.99M44.98M51.23M
DepreciationAmortizationDepletionIncomeStatement41.36M23.84M27.32M22.81M
DepreciationAndAmortizationInIncomeStatement41.36M23.84M27.32M22.81M
DepreciationIncomeStatement41.36M23.84M27.32M22.81M
SellingGeneralAndAdministration172.10M143.09M157.91M117.74M
SellingAndMarketingExpense101.09M86.01M91.46M63.65M
GeneralAndAdministrativeExpense71.01M57.08M66.45M54.09M
OtherGandA21.77M16.06M16.21M14.03M
RentAndLandingFees2.34M1.54M1.42M2.11M
SalariesAndWages46.91M39.48M48.82M37.95M
GrossProfit434.84M415.39M465.62M484.25M
CostOfRevenue1.08B883.48M882.10M640.10M
TotalRevenue1.52B1.30B1.35B1.12B
OperatingRevenue1.47B1.25B1.32B1.12B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber11.33M5.38M1.93M11.29M
OrdinarySharesNumber100.05M106.01M108.19M111.10M
ShareIssued111.38M111.38M110.12M122.38M
NetDebt568.31M565.17M777.10M617.88M
TotalDebt1.12B1.28B1.35B1.06B
TangibleBookValue1.33B1.20B1.09B980.38M
InvestedCapital2.15B2.13B2.13B1.83B
WorkingCapital614.68M561.62M412.17M404.37M
NetTangibleAssets1.33B1.20B1.09B980.38M
CapitalLeaseObligations342.03M378.51M337.98M246.85M
CommonStockEquity1.37B1.23B1.13B1.01B
TotalCapitalization2.05B1.93B1.85B1.72B
TotalEquityGrossMinorityInterest1.41B1.27B1.16B1.05B
MinorityInterest38.95M36.52M37.55M36.11M
StockholdersEquity1.37B1.23B1.13B1.01B
OtherEquityInterest17.26M18.65M18.79M16.07M
GainsLossesNotAffectingRetainedEarnings24.34M-111.14M-50.49M-137.81M
OtherEquityAdjustments192.84M175.13M123.63M86.81M
FixedAssetsRevaluationReserve245.26M317.60M281.91M289.98M
ForeignCurrencyTranslationAdjustments-413.76M-603.86M-456.03M-514.61M
TreasuryStock16.99M8.06M4.79M16.91M
RetainedEarnings518.06M418.79M202.34M115.73M
AdditionalPaidInCapital659.40M743.81M793.17M851.06M
CapitalStock167.07M167.07M167.07M183.57M
CommonStock167.07M167.07M167.07M183.57M
TotalLiabilitiesNetMinorityInterest1.71B1.90B1.95B1.53B
TotalNonCurrentLiabilitiesNetMinorityInterest1.31B1.41B1.33B1.18B
DerivativeProductLiabilities3.98M0.0096.00K0.00
TradeandOtherPayablesNonCurrent2.22M2.58M18.79M1.53M
NonCurrentDeferredLiabilities330.34M376.33M301.41M265.85M
NonCurrentDeferredTaxesLiabilities330.34M376.33M301.41M265.85M
LongTermDebtAndCapitalLeaseObligation967.68M1.02B1.01B907.21M
LongTermCapitalLeaseObligation287.68M325.57M283.55M201.72M
LongTermDebt680.00M697.84M727.98M705.49M
LongTermProvisions2.24M2.87M2.53M2.56M
CurrentLiabilities400.32M494.05M610.85M357.43M
OtherCurrentLiabilities1.80M169.00K2.96M1.28M
CurrentDeferredLiabilities22.61M16.35M35.75M8.71M
CurrentDeferredRevenue22.61M16.35M35.75M8.71M
CurrentDebtAndCapitalLeaseObligation153.90M260.05M334.20M157.30M
CurrentCapitalLeaseObligation54.35M52.94M54.43M45.14M
CurrentDebt99.55M207.11M279.77M112.16M
OtherCurrentBorrowings99.55M202.72M231.71M100.40M
LineOfCredit0.004.39M48.06M11.77M
PensionandOtherPostRetirementBenefitPlansCurrent23.84M28.80M21.22M18.93M
CurrentProvisions1.51M728.00K909.00K3.42M
PayablesAndAccruedExpenses196.67M187.96M215.81M167.78M
Payables196.67M187.96M215.81M167.78M
OtherPayable9.84M31.48M13.40M7.31M
DividendsPayable703.00K1.02M0.00
TotalTaxPayable12.97M14.51M9.29M8.49M
IncomeTaxPayable3.47M5.02M422.00K1.62M
AccountsPayable173.16M140.95M193.13M151.98M
TotalAssets3.11B3.16B3.11B2.58B
TotalNonCurrentAssets2.10B2.11B2.09B1.82B
OtherNonCurrentAssets48.99M27.41M34.15M22.10M
NonCurrentPrepaidAssets3.32M3.27M3.68M952.00K
NonCurrentDeferredAssets15.51M9.78M8.76M10.32M
NonCurrentDeferredTaxesAssets15.51M9.78M8.76M10.32M
NonCurrentAccountsReceivable33.38M33.61M39.05M39.60M
FinancialAssets5.48M18.00M5.21M757.00K
InvestmentProperties33.54M33.36M33.33M32.13M
GoodwillAndOtherIntangibleAssets37.23M27.52M36.12M31.34M
OtherIntangibleAssets16.99M13.21M17.58M14.71M
Goodwill20.24M14.31M18.54M16.63M
NetPPE1.92B1.96B1.93B1.68B
AccumulatedDepreciation-2.04B-1.82B-1.62B-1.43B
GrossPPE3.96B3.77B3.54B3.11B
ConstructionInProgress26.93M20.81M79.09M81.37M
OtherProperties1.44B1.41B1.27B1.04B
MachineryFurnitureEquipment1.15B1.08B893.17M803.19M
BuildingsAndImprovements622.91M527.98M526.46M435.19M
LandAndImprovements727.87M737.63M773.74M753.70M
Properties0.000.000.000.00
CurrentAssets1.02B1.06B1.02B761.80M
OtherCurrentAssets8.00K
HedgingAssetsCurrent4.11M13.82M134.00K828.00K
RestrictedCash46.10M62.65M99.94M21.00K
PrepaidAssets54.03M49.76M49.84M28.48M
Inventory540.19M460.38M509.84M415.35M
OtherInventories250.53M204.33M235.82M175.82M
FinishedGoods188.15M179.61M152.72M138.25M
RawMaterials101.51M76.44M121.31M101.27M
Receivables159.32M129.28M132.61M117.35M
OtherReceivables13.59M17.58M16.15M25.39M
TaxesReceivable59.20M24.07M39.02M31.26M
AccountsReceivable86.53M87.64M77.44M60.70M
AllowanceForDoubtfulAccountsReceivable-1.11M-2.89M-4.27M-3.02M
GrossAccountsReceivable87.64M90.53M81.71M63.73M
CashCashEquivalentsAndShortTermInvestments211.24M339.78M230.65M199.77M
CashAndCashEquivalents211.24M339.78M230.65M199.77M
CashEquivalents73.95M160.71M84.41M47.05M
CashFinancial137.29M179.07M146.24M152.72M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow65.00M191.48M139.80M135.66M
RepurchaseOfCapitalStock-66.89M-26.24M-36.84M-66.46M
RepaymentOfDebt-444.17M-548.48M-297.83M-502.23M
IssuanceOfDebt296.66M456.27M389.01M317.09M
CapitalExpenditure-263.33M-243.43M-230.22M-213.00M
EndCashPosition211.24M339.78M230.65M199.77M
BeginningCashPosition339.78M230.65M199.77M336.28M
EffectOfExchangeRateChanges48.70M-5.48M-16.30M-6.82M
ChangesInCash-177.23M114.61M47.19M-129.69M
FinancingCashFlow-274.00M-208.74M-23.57M-303.13M
CashFlowFromContinuingFinancingActivities-274.00M-208.74M-23.57M-303.13M
NetOtherFinancingCharges-67.00K-32.00K-240.00K2.06M
InterestPaidCFF-24.63M-55.48M-44.79M-53.59M
ProceedsFromStockOptionExercised99.00K214.00K2.12M0.00
CashDividendsPaid-35.00M-35.00M-35.00M0.00
CommonStockDividendPaid-35.00M-35.00M-35.00M0.00
NetCommonStockIssuance-66.89M-26.24M-36.84M-66.46M
CommonStockPayments-66.89M-26.24M-36.84M-66.46M
NetIssuancePaymentsOfDebt-147.52M-92.21M91.17M-185.14M
NetShortTermDebtIssuance-70.05M28.26M155.28M-42.35M
ShortTermDebtPayments-239.95M-420.28M-192.65M-328.46M
ShortTermDebtIssuance169.90M448.53M347.93M286.12M
NetLongTermDebtIssuance-77.47M-120.46M-64.11M-142.79M
LongTermDebtPayments-204.23M-128.20M-105.19M-173.77M
LongTermDebtIssuance126.76M7.74M41.08M30.97M
InvestingCashFlow-231.56M-111.55M-299.26M-175.22M
CashFlowFromContinuingInvestingActivities-231.56M-111.55M-299.26M-175.22M
InterestReceivedCFI7.85M62.12M5.20M16.73M
NetInvestmentPurchaseAndSale14.51M35.61M-98.01M0.00
SaleOfInvestment62.40M142.51M0.000.00
PurchaseOfInvestment-47.89M-106.90M-98.01M0.00
NetBusinessPurchaseAndSale-16.18M-3.19M11.12M10.01M
SaleOfBusiness0.000.0011.12M10.01M
PurchaseOfBusiness-16.18M-3.19M
NetIntangiblesPurchaseAndSale-1.19M-1.29M-3.35M-1.93M
PurchaseOfIntangibles-1.19M-1.29M-3.35M-1.93M
NetPPEPurchaseAndSale-234.62M-204.29M-205.13M-188.25M
SaleOfPPE25.59M37.34M12.65M11.04M
PurchaseOfPPE-260.21M-241.62M-217.78M-199.29M
CapitalExpenditureReported-1.93M-511.00K-9.10M-11.78M
OperatingCashFlow328.33M434.91M370.03M348.66M
CashFlowFromContinuingOperatingActivities328.33M434.91M370.03M348.66M
TaxesRefundPaid-7.29M-1.34M-8.12M-2.20M
ChangeInWorkingCapital-179.45M-70.79M-86.83M-161.84M
ChangeInOtherWorkingCapital22.93M-10.38M-9.95M-29.25M
ChangeInOtherCurrentAssets-2.05M-37.00K-1.06M-303.00K
ChangeInPayablesAndAccruedExpense-96.25M-28.25M-56.82M3.38M
ChangeInAccruedExpense4.09M15.67M7.68M4.87M
ChangeInPayable-100.35M-43.92M-64.50M-1.50M
ChangeInInventory-35.77M-35.80M41.75M-95.22M
ChangeInReceivables-68.30M3.68M-60.75M-40.45M
OtherNonCashItems105.78M2.68M30.16M56.76M
StockBasedCompensation6.68M8.58M10.23M6.41M
ProvisionandWriteOffofAssets-1.82M654.00K999.00K1.15M
DeferredTax-76.50M78.67M26.76M43.84M
DeferredIncomeTax-76.50M78.67M26.76M43.84M
DepreciationAmortizationDepletion304.02M274.10M254.38M218.13M
DepreciationAndAmortization304.02M274.10M254.38M218.13M
AmortizationCashFlow2.31M1.73M2.27M1.63M
AmortizationOfIntangibles2.31M1.73M2.27M1.63M
Depreciation301.71M272.37M252.11M216.50M
OperatingGainsLosses84.80M-84.37M33.84M55.70M
GainLossOnInvestmentSecurities50.87M17.64M56.84M74.26M
NetForeignCurrencyExchangeGainLoss37.57M-90.93M-19.28M-18.94M
GainLossOnSaleOfPPE-3.64M-11.08M-3.72M387.00K
GainLossOnSaleOfBusiness0.00-10.00K
NetIncomeFromContinuingOperations92.10M226.72M108.61M130.72M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for AGRO
Date User Asset Broker Type Position Size Entry Price Patterns