Ridley Corporation Limited (RIC) - Research

$1.235 0.005 (0.41%)

RIC General Information +

ASX Code RIC
Website http://www.ridley.com.au
GICS Sub-Industry Agricultural Products
Market Cap ($M) 380
Current Price $1.235
Day High $1.240
Day Low $1.225
Last Close $1.230
Price Movement $0.01 ( 0.41% )
Prices as at 13:10, 19 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

RIC Company Overview

Business Description

Ridley Corporation Limited (RIC) is an Australian company engaged in the production and marketing of animal nutrients, ingredients and feeds for production of food from livestock. In addition, RIC also conducts activities to create value for its non-operating sizes through property investment. RIC has two main business divisions which are Agriproducts and Property realization.

RIC Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 0.00 8.10 -16.40% 15.20 4.50 3.60% 0.0%
2019 F 0.00 9.70 70.70% 12.70 4.30 3.50% 0.0%
2018 A 17.41 5.70 -30.60% 24.60 4.30 3.10% 100.0%

RIC Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Costa Group Holdings (CGC) $1,253M -0.9333 7.8037 0.1292 144.8148 16.4493 14.5678 6.91% 2.59% 4.10%
Elders (ELD) $700M -0.5765 -0.1348 0.2020 9.9950 11.5518 9.6108 3.00% 3.00% 3.17%
Graincorp (GNC) $1,856M -0.4726 0.0000 0.0000 24.6805 0.0000 18.8517 0.74% 0.20% 2.73%
Ridley Corp (RIC) $385M -0.3055 0.7067 -0.1636 22.0848 12.9400 15.4703 3.40% 3.40% 3.56%
Select Harvests (SHV) $649M 0.8629 0.8468 -0.0359 29.4372 15.9400 16.5329 1.76% 3.53% 3.53%

RIC Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.91 12.90 1.44 0.66
Market 0.88 17.10 1.49 1.65
Sector 0.78 18.40 1.49 0.98

RIC Directors

Name Position Start Date
Mr Timothy Joseph Hart Chief Executive Officer, Managing Director 24 Jun 2013
Ms Patria Maija Mann Non-Executive Director 4 Mar 2008
Mr David John Lord Non-Executive Director 29 Apr 2016
Professor Robert van Barneveld Non-Executive Director 21 Jun 2010
Mr Ejnar Knudsen Non-Executive Director 24 Jun 2013
Dr Gary Hilton Weiss Non-Executive Director, Non-Executive Chairman 21 Jun 2010

RIC Management

Name Position
Alan Maclean Boyd Chief Financial Officer,Company Secretary
J C Scaife General Manager Commercial Feeds
A I Lochland General Manager Packaged Products, Aquafeed & Supplements
C W Klem General Manager Rendering
M Murphy General Manager Safety, People and Technical Development

RIC Substantial Shareholders

Holding Name
60,727,615 (19.73%) Insitor Holdings LLC
45,827,977 (14.89%) Lazard Asset Management
20,263,741 (6.58%) Schroder Investment Management Australia Limited
15,954,589 (5.18%) Dimensional Fund Advisors LP

RIC Calendar of Events

Date Event
19 February 2020 Report (Interim)
26 September 2019 Report (Annual)
21 August 2019 Report (Prelim)

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