The dividend is sustainable, backed by profit and cash flow. The company's strong earnings growth and conservative payout ratio are encouraging. However, investors should consider any current stock risks before investing.
Despite a lower sales forecast for 2024, AGCO expects higher margins due to structural improvements. The company plans to invest in premium technology and smart farming solutions to support its Farmer-First strategy.
The continuous increase of ROCE and the firm's ability to reinvest capital profitably indicates AGCO's potential for continued growth. While it has been observed that the company has one warning sign, the strong returns could offset this concern.
This strategic acquisition and launch of AGCO Ventures signal AGCO's commitment to its technology evolution and its aim to be a leader in smart farming solutions.
AGCO's joint venture with Trimble seen as strategic move to compete with Deere, and could boost margins and stock returns. Success hinges on adoption of precision agriculture by farmers, stable farm income, and manageable debt-to-Ebitda post-acquisition.
AGCO (OW/AFL) hosted its 2023 Precision Ag Field Event last week in Nashville, TN and Pembroke, KY. The company provided updates on its technology stack and displayed its precision ag technology at Bollinger Family Farm in KY. Management reiterated the long-term financial targets which were introduced at AGCO’s 2022 Analyst Day, including 4-5% annual growth above industry, ~12% mid-cycle adj. operating margin by 2026, and 75-100% annual FCF conversion....
愛科集團股票討論區
專欄AGCO Corp. | 2023 Technology Event Takeaways
愛科集團(AGCO)是1992年以14美元上市的美國公司,目前價格109,平均回報率為7.1%,還可以。
近5年毛利率基本在22%左右,從21.25%改善到23.09%,淨資產收益率則從6.4%波動上升到目前的28.05%,5年平均12.6%。
5年來營收除2019年外保持增長,2021年增長21.7%。營業利潤5年來保持增長,平均增速為27.7%,其中2021年增長了55.6%。淨利潤則是在2019年有過一次56.7%的下滑,5年平均增速為41.3%,其中2021年增長114.75%。2022前兩季度營收、營業利潤和淨利潤分別增長7.1%,3.9%,萎縮24%,增速慢了下來,盈利能力也在下降。
利潤表顯示利息費用持續下降,2021年僅佔營業利潤的不到1%,負擔很輕。其它費用佔比也不到10%,影響不大。2022前兩季度主要是有大額勾銷影響了淨利。
5年來資產負債率從61.2%上升到65.8%。2021年存貨增加了6.2億,而當年淨利潤僅增加4.82億。2022前兩季度存貨增加7.88億,而前兩季度淨利潤也僅有3.3億,利潤非常虛。
...
AGCO CEO says he expects grain shortage to last into next year.
Global grain shortages will likely last through the end of this year and into next year, AGCO Corp CEO Eric Hansotia told CNBC’s Jim Cramer on Monday.
“There’s just not enough grain in the world, and there won’t be for the rest of this year and probably even into next year,”
https://www.cnbc.com/video/2022/08/01/agco-ceo-says-he-expects-grain-shortage-to-last-into-next-year.html
暫無評論