SEE FULL COMPANY PROFILES WITH A FREE TRIAL
EMIS is the definitive emerging markets news, research, company, and financial data resource. EMIS - ISI Emerging MarketsLEARN MORE
Search for another company:
ALL
South Africa
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

AFGRI LIMITED

Main Activities: Agriculture, Forestry, Fishing and Hunting - Support Activities for Agriculture and Forestry - Grain and Oilseed Milling

Secondary Activities: Manufacturing

facebook Please check the full coverage of information what EMIS can offer you. SEE SAMPLE

Company Information

Full name
AFGRI LIMITED

Headquarters
1st Floor,AFGRI Building,267 West Avenue,Centurion; Centurion; Gauteng
Status: Listed
Legal Form: Other non-liability limited
Operational Status: Operational
ISIN CODE : ZAE000040549
Financial Auditors: PricewaterhouseCoopers (2009)
Total Employees: 5,226

Tel: +27 12 643 8000

Company Description

AFGRI Limited (AFGRI) is an agricultural services provider, focusing on agricultural producers, agri-processors and consumers of agricultural and related products, both locally and internationally. The Company has three segments: AFGRI Financial Services, AFGRI Agri-Services and AFGRI Foods. AFGRI Advances provides both producer and specialized lending within the agricultural sector through the wholly owned subsidiary Gro Capital Financial Services (Pty) Ltd. The Agri-Services business of the AFGRI
More

Company Analysis

According to the Consolidated - Audited financial statement for the Year of 2010, total net operating revenues decreased with -8.25%, from ZAR 8,657,279 thousands to ZAR 7,942,830 thousands. Operating result increased from ZAR 737,707 thousands to ZAR 759,967 thousands which means 3.02% change. The results of the period decreased -31.61% reaching ZAR 98,590 thousands at the end of the period against ZAR 144,166 thousands last year. Return on equity (Net income/Total equity) went from 6.76% to 4.31%, the Return On Asset (Net income / Total Asset) went from 1.51% to 1.20% and the Net Profit Margin (Net Income/Net Sales) went from 1.67% to 1.24% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 15.20% compared to 390.85% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.03 to 1.09 when compared to the previous year.

Key Executives

Dr MI Mogari Executive Director
Mr CA Apsey Independent Non-Executive Director
Mr CP Venter Group Chief Executive Officer
Mr DD De Beer Independent Non-Executive Chairman
Mr FJ Van der Merwe Non-Executive Director
More

Companies with Similar Main Activities

ISI Emerging Markets

FULL COMPANY PROFILE

Please check the full coverage of information what EMIS can offer you.
SEE SAMPLE
SELECT CURRENCY
Balance Sheet

Total Assets

7,978,000

8,477,624

Current Assets

5,474,000

6,374,871

Total Liabilities

6,403,000

6,192,684

Shareholders Equity

1,575,000

2,284,940

Current Liabilities

5,648,000

5,845,436

* All the accounts are in ZAR.
Income Statement

Total Operating Revenue

608,000

759,925

Operational Profit (Loss)

608,000

759,925

* All the accounts are in ZAR.
Ratios
Profitability Ratios

Return on Assets (ROA)

2.95%

4.23%

Annualised Return on Assets (ROA)

2.95%

4.23%

Return on Equity (ROE)

14.22%

15.17%

Return on Capital

14.22%

15.17%

Gross Profit Margin

100%

100%

Operating Profit Margin

100%

100%

Efficiency Ratios

Accounts Receivable Turnover

23.38x

27.08x

Current asset turnover

0.11x

0.12x

Fixed-asset turnover

0.36x

0.54x

Asset Turnover

0.08x

0.09x

Valuation figures and ratios

Earning Before Interests and Taxes (EBIT)

387,000

526,592

EBITDA

536,000

668,466

Enterprise value

195,464,056

283,349,413

Enterprise Value / EBITDA

364.67

423.88

Bookvalue (BV)

1,188,000

2,006,939

Net Cash

-5,243,000

-4,948,948

Liquidity Ratios

Current Ratio

96.92%

109.06%

Quick ratio

78.79%

93.66%

Doom's day ratio

7.17%

15.34%

Leverage Ratios

Leverage ratio

481.97%

358.86%

Debt to equity

406.54%

271.02%

Debt to total assets

84.35%

75.52%

Debt / Enterprise Value

3.28%

2.19%

Market ratios

Price/Book Ratio

52.82

91.71

Market Cap / Net cash

-37.36

-57.40

Trend Ratios

Revenue Trend

80.01%

89.54%

Operating Income Trend

80.01%

89.54%