Ridley Corporation Limited (RIC) - Research

$1.390
Prices as at 16:40, 22 Apr 2019

RIC Current Share Price+

Current Price $1.390
Open $1.355
High $1.390
Low $1.350
Last Close $1.390
Volume 28985
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

RIC General Information

Ridley Corporation Limited
RIC
http://www.ridley.com.au
Agricultural Products
427
308

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% 17.20 4.50 3.20% 0.0%
2019 F 0.00 9.70 70.70% 14.40 4.30 3.10% 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) $1,660M -0.9333 7.8037 0.1292 191.8519 21.7922 19.2996 5.21% 1.96% 3.10%
Elders (ELD) $717M -0.5765 -0.1284 0.1774 10.2282 11.7355 9.9675 2.93% 2.93% 3.09%
Graincorp (GNC) $2,154M -0.4726 -0.8004 4.6845 28.6366 143.4451 25.2346 0.64% 0.49% 1.96%
Ridley Corp (RIC) $419M -0.3055 0.7067 -0.1636 24.0283 14.0787 16.8317 3.13% 3.13% 3.27%
Select Harvests (SHV) $640M 0.8629 0.3238 0.3437 29.0043 21.9097 16.3057 1.79% 2.39% 3.43%

RIC Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.00 15.70 1.63 0.81
Market 0.93 16.70 1.52 1.50
Sector 0.88 20.50 1.63 1.17

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)
10 May 2019 Div Pay Date
24 April 2019 Books Close
23 April 2019 Div Ex Date

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