Andersons Inc. (The) Common Stock (ANDE)

FairStock Score: 38/100 — MIXED

Key Financials

AI Analysis

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

I look at Andersons as a commodity handler with scale in ag logistics and fertilizer distribution, not a franchise with a wide moat. In fiscal Q2 2026, the quarter ended 2026-06-30, filed revenue was $555.5 million and net income was $56.6 million, or $1.65 diluted EPS; that compares with fiscal Q2 2025 filed revenue of $535.0 million, net income of $7.9 million and $0.23 diluted EPS. The profit rebound is real, but the business is cyclical: FY2025 filed net income was $95.7 million versus $114.0 million in FY2024 and $101.2 million in FY2023, while revenue was $1.5 billion, $1.4 billion and $1.6 billion. FairStock's ROCE of 3.03% is low, and the five-year Lynch category is STALWART because profit grew 65.5% a year while revenue grew only 0.7%; that tells me the top line is flat and profits are volatile. Financial health looks acceptable: FairStock Piotroski 9/9, Altman 2.26, D/E 0.66, and TTM FCF $56.9 million. At the 2026-10-26 close of $64.58, FairStock shows P/E 12.49, P/B 1.65, EV/EBITDA 7.52, FCF yield 2.6%, and Graham Number $67.16, only a 3.32% margin of safety. The price is not demanding, but it offers little cushion unless the recent earnings level proves durable. I would call it fair, not bargain.

In plain English: The Andersons sells and moves grain, fertilizer and other farm products and also operates in renewable fuels. In the latest filed quarter it earned a much larger profit than a year earlier, but sales have been roughly flat over time and returns on capital are low. At the recent price, the shares look roughly fair versus stated earnings and book value rather than clearly cheap.

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

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

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