Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) स्टॉक विश्लेषण

कंपनी का अवलोकन

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is a diversified entity that engages in the production of agricultural commodities within Brazil and other Latin American countries, while simultaneously operating through urban properties and investments. This organization functions within the Industrials sector and the Conglomerates industry, reflecting a broad operational scope that combines agricultural output with real estate and financial activities. The company commands a substantial market capitalization of $852.62M and generates annual revenue of $1.02T, though specific employee count data is not publicly disclosed in the current records. These financial magnitudes indicate a massive enterprise with significant scale, where the revenue figure alone suggests operations that dwarf typical industrial firms, positioning Cresud as a dominant player in the regional agricultural and property landscapes.

वित्तीय स्वास्थ्य

The company reports a trailing twelve-month revenue of $1.02T and a net income of $195.70B, resulting in an EBITDA of $205.69B, which highlights a robust operational profitability before interest, taxes, depreciation, and amortization. The substantial gap between the $1.02T revenue and $195.70B net income reveals a highly efficient cost structure with a profit margin of 19.2%, indicating that the company retains a significant portion of sales as profit after all expenses. However, the free cash flow stands at $-180,016,742,400, signaling a notable divergence between accounting net income and actual cash generation, which may reflect heavy capital expenditures or timing differences in working capital cycles. Despite the negative free cash flow, the firm holds $720.09B in cash against total debt of $2.05T, illustrating a highly leveraged balance sheet where liabilities significantly exceed liquid assets. This leverage is quantified by a debt-to-equity ratio of 78.53, suggesting a capital structure that relies heavily on creditor financing rather than shareholder equity. Liquidity is maintained at a current ratio of 1.43, indicating that current assets are more than sufficient to cover short-term obligations, providing a buffer for immediate financial needs. Return on equity stands at 21.0% while return on assets is 2.3%, revealing that management generates high returns relative to shareholder capital but that the massive asset base dilutes overall asset efficiency, a common trait for conglomerates with diverse, capital-intensive holdings.

मूल्यांकन आकलन

The valuation metrics present a distinct dichotomy, with a trailing P/E ratio of 5.68 compared to a forward P/E of 114.76, implying that the market expects earnings to contract significantly in the future or that current earnings are being driven by one-time agricultural surpluses not expected to persist. The price-to-book ratio is recorded at 0.98, indicating that the stock trades at a discount to its book value, suggesting the market values the company's tangible assets at less than their accounting replacement cost. Alternative valuation measures include a price-to-sales ratio of 0.00 and an EV/EBITDA of 13.80, where the zero price-to-sales figure results from the denominator being negligible relative to the massive revenue figure, while the EV/EBITDA suggests the enterprise value is roughly thirteen times its operating earnings. Price momentum indicators show a 52-week high of $14.21 and a 52-week low of $8.19, placing the current trading price within a range that reflects recent volatility but does not necessarily indicate a trend reversal without further price action. The beta value is 0.10, which indicates that the stock's price volatility is extremely low relative to the broader market, behaving almost as a risk-free asset in terms of systemic correlation despite its industrial conglomerate nature.

Growth & Income

Recent performance data indicates a revenue growth of 20.3% year-over-year and an earnings growth of 182.3% year-over-year, demonstrating that earnings are expanding at a rate vastly faster than revenue, which often implies leverage effects, one-time gains, or a significant improvement in operating efficiency. As a dividend payer, the company offers a dividend yield of 5.2% with a payout ratio of 30.8%, suggesting that the distribution of 30.8% of earnings is sustainable given the high level of reported earnings growth and the strong return on equity. The low payout ratio leaves ample room for the company to retain earnings for reinvestment or to service its substantial debt obligations without jeopardizing shareholder returns. Overall, the growth and income profile presents a unique hybrid of high dividend yield supported by explosive earnings expansion, though the negative free cash flow and high leverage require careful monitoring of cash conversion and debt maturity profiles.