Adecoagro S.A.
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
8.386.53
Price/Sales ratio
0.640.62
Earnings per Share (EPS)
$1.01$1.3

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
383.5186.72618.12125.04-32.982.86K746.436.768.435.256.03-32.98
Price/Sales ratio
1.332.201.441.331.021.100.970.780.670.910.731.10
Price/Book Value ratio
1.262.771.891.940.760.990.860.870.810.960.680.99
Price/Cash Flow ratio
7.259.654.935.253.713.043.102.532.462.734.143.71
Price/Free Cash Flow ratio
-5.14243.4610.4935.91336.0217.499.966.516.526.20119.20119.20
Price/Earnings Growth ratio
-2.66-0.57-2.017.910.11-28.303.490.00-0.630.040.000.00
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/A3.83%2.94%3.61%N/A
Profitability Indicator Ratios
Gross Profit Margin
28.80%32.65%35.69%25.56%25.03%32.28%41.03%43.06%34.54%31.98%26.82%25.03%
Operating Profit Margin
12.13%19.25%19.62%13.42%19.72%24.07%23.11%24.72%18.53%18.59%10.60%24.07%
Pretax Profit Margin
1.18%3.28%1.51%0.60%-3.05%2.38%1.63%15.52%10.04%23.51%10.77%-3.05%
Net Profit Margin
0.34%2.54%0.23%1.06%-3.10%0.03%0.13%11.62%8.02%17.42%11.75%-3.10%
Effective Tax Rate
71.46%16.96%71.51%-106.81%4.22%98.38%92.01%25.11%19.76%25.76%-9.01%98.38%
Return on Assets
0.15%1.24%0.14%0.62%-1.08%0.01%0.04%5.06%3.47%7.14%4.90%-1.08%
Return On Equity
0.33%3.20%0.30%1.55%-2.31%0.03%0.11%12.91%9.60%18.41%11.79%-2.31%
Return on Capital Employed
6.71%12.40%15.18%9.45%7.82%9.90%8.90%12.49%10.01%9.04%5.13%9.90%
Liquidity Ratios
Current Ratio
2.44N/A2.372.442.371.782.13N/AN/AN/A2.392.37
Quick Ratio
0.861.070.961.501.571.151.340.960.831.201.081.15
Cash ratio
0.340.610.470.950.980.790.930.550.370.680.440.79
Days of Sales Outstanding
70.4734.4053.6539.7630.3621.1852.4238.0920.9736.3356.5530.36
Days of Inventory outstanding
113.5399.63162.36139.57136.39139.69215.29236.83210.96190.20216.15136.39
Operating Cycle
184.00134.04216.01179.34166.76160.88267.71274.93231.93226.53272.70166.76
Days of Payables Outstanding
58.9237.8053.0143.5157.9955.0483.7686.6679.9158.2351.2155.04
Cash Conversion Cycle
125.0896.24163.00135.82108.77105.83183.95188.27152.02168.29221.49108.77
Debt Ratios
Debt Ratio
0.420.520.430.500.370.380.390.310.320.280.260.38
Debt Equity Ratio
0.911.350.951.270.800.971.040.800.890.730.610.97
Long-term Debt to Capitalization
0.390.470.390.500.400.440.460.410.390.360.330.44
Total Debt to Capitalization
0.470.570.480.560.440.490.510.440.470.420.380.49
Interest Coverage Ratio
-1.391.923.82-1.15-0.60-0.652.65N/AN/AN/A1.24-0.60
Cash Flow to Debt Ratio
0.190.210.400.280.250.330.260.420.360.480.260.25
Company Equity Multiplier
2.142.562.192.512.142.552.682.552.762.572.312.14
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.180.220.290.250.270.360.310.310.270.330.170.36
Free Cash Flow / Operating Cash Flow Ratio
-1.400.030.470.140.010.170.310.380.370.440.030.01
Cash Flow Coverage Ratio
0.190.210.400.280.250.330.260.420.360.480.260.25
Short Term Coverage Ratio
0.640.641.241.531.521.711.633.101.322.091.341.71
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/A32.36%15.46%17.48%N/A