Adecoagro S.A. Common Shares (AGRO)

FairStock Score: 33/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at Adecoagro as a commodity agricultural and agro-industrial business in South America, with sugar, ethanol and energy, fertilizers, and farming segments. It is not a franchise with strong pricing power; it sells commodities, so I want a margin of safety. In the quarter the data labels fiscal Q2 2026, revenue was $531.0M, net income $25.2M, and net margin 4.75% - thin. The FairStock calculations at the 2026-10-13 close of $10.54 show P/E 27.74, P/B 0.87, ROE 3.69%, ROCE 2.47%, D/E 1.24, FCF yield 2.8%, EV/EBITDA 6.35, and dividend yield 2.58%. Those are not the numbers of a high-return compounder. Leverage is meaningful, and an Altman Z-Score of 0.78 is weak, while Piotroski F-Score 5/9 is middling. The Graham Number is $10.15, so the price is slightly above it, giving a negative margin of safety of 3.84%. The stock is below book value, but book value in agriculture can be cyclical and debt-heavy. Growth is a major question: the supplied data flag negative revenue and profit growth, but the data do not name the period, so I cannot treat it as a clean filed-period trend. No Peter Lynch category is assigned because only 0 years of filed results are available and three are needed. A beta of -0.04 and a 2.58% dividend are interesting, but they do not offset weak returns, high leverage, and unclear growth. At this price, I would call it fair at best, not obviously cheap.

In plain English: Adecoagro is a South American farm and agro-industrial company that makes sugar, ethanol, energy, fertilizer, and crops such as soybeans, corn, and rice. The latest reported quarter showed $531.0M of revenue and $25.2M of profit, a thin margin, and the company has low returns and a lot of debt. At $10.54, the shares look about fair or slightly expensive compared with the company's earnings and net assets, not a clear bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer