Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria (CRESY) 株式分析

企業概要

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria operates as a diversified conglomerate within the Industrials sector, specifically focusing on the production of agricultural commodities across Brazil and other Latin American markets. The enterprise manages its operations through two primary verticals: Agricultural Business and Business Urban Properties and Investments, reflecting a strategic blend of resource extraction and asset management. With a market capitalization of $852.62M and annual revenue reaching $1.02T, the company demonstrates significant scale within the regional industrial landscape. Although specific employee count data is not currently available, the combined revenue figure suggests a massive operational footprint that supports substantial production and investment activities. These financial dimensions indicate that the entity holds a dominant position in its sector, leveraging extensive land holdings and urban property portfolios to generate substantial economic output across multiple jurisdictions.

財務健全性

The company reports a trailing twelve-month revenue of $1.02T, accompanied by a net income of $195.70B and an EBITDA of $205.69B. The substantial gap between the total revenue of $1.02T and the net income of $195.70B reveals a robust cost structure where operating expenses, while significant given the scale of operations, are contained enough to maintain a healthy bottom line. However, the free cash flow stands at $-180,016,742,400, indicating a current outflow of capital that suggests the company is actively investing heavily in its agricultural and real estate assets rather than generating immediate liquid cash reserves. Despite the negative free cash flow, the firm holds $720.09B in cash assets against total debt obligations of $2.05T, highlighting a highly leveraged balance sheet where liabilities significantly outweigh liquid assets. The debt-to-equity ratio of 78.53 further underscores this leveraged position, suggesting the company relies heavily on borrowed capital to fund its expansion and operational needs. Liquidity is supported by a current ratio of 1.43, which indicates that the company possesses sufficient current assets to cover its short-term liabilities without immediate distress. Return on Equity stands at 21.0%, demonstrating high effectiveness in generating profits from shareholders' equity, while the return on assets is recorded at 2.3%, reflecting the capital intensity of the business model relative to its total asset base.

バリュエーション評価

The stock carries a trailing P/E ratio of 5.68, which contrasts sharply with a forward P/E of 114.76, implying that the market expects earnings to decline significantly in the future or that the current price does not align with projected earnings growth. The price-to-book ratio is listed at 0.98, indicating that the market values the company at approximately equal to its book value, suggesting no significant premium for intangible assets or growth prospects at this moment. Alternative valuation metrics such as the price-to-sales ratio of 0.00 and an EV/EBITDA of 13.80 provide additional context, with the zero price-to-sales figure warranting scrutiny given the reported revenue scale, while the EV/EBITDA suggests a moderate valuation relative to operational cash generation. The 52-week price range spans from a low of $8.19 to a high of $14.21, and without a specific current share price to calculate the exact percentage deviation, the stock's trading position relative to this range remains defined by these historical boundaries. A beta of 0.10 indicates that the stock exhibits very low volatility, moving significantly less than the broader market index and offering a stable profile for risk-averse portfolios seeking lower correlation with general market swings.

Growth & Income

Revenue growth over the last year stands at 20.3%, while earnings growth is markedly higher at 182.3%, implying that the company's profitability is expanding at a much faster rate than its top-line sales, likely due to operational leverage or margin expansion. The firm offers a dividend yield of 5.2% with a payout ratio of 30.8%, indicating that the dividend payments are well-covered by current earnings and appear sustainable given the high profitability levels. This payout ratio suggests that the company retains a significant portion of its profits, likely to fund the capital expenditures necessary to sustain negative free cash flow and manage its high debt load. Overall, Cresud presents a profile of accelerated earnings growth coupled with a substantial current income stream, balancing capital appreciation potential with immediate yield generation in a leveraged industrial environment.