Archer Daniels Midland Co.
ADM
Market Cap$24.61B
Close$
Earnings Call Q3 2024
December 3, 2024 - AI Summary
Financial Performance: ADM reported third quarter adjusted earnings per share of $1.09, with a total segment operating profit of $1 billion, bringing year-to-date adjusted earnings per share to $3.61 and total operating profit to $3.2 billion. This reflects a decline in profits compared to the previous year, driven by lower commodity prices and inflation-related challenges.
Lowered Guidance for 2024: The company revised its full-year 2024 adjusted earnings per share guidance down to $4.50 - $5.00, citing slow market demand and internal operational challenges. Additionally, corporate costs are expected to be in the range of $1.7 billion to $1.8 billion due to lower incentive compensation.
Operational Challenges: Ongoing operational difficulties, particularly in the Nutrition segment, are affecting profitability. Specifically, the Decatur East facility's expected ramp-up has been delayed to Q1 2025, contributing to a 40% YoY decline in human nutrition results, which were $265 million year-to-date.
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$-46.71
190.9% downside
Current Fair Value
190.9% downsideOvervalued by 190.9% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $24.61 Billion |
|---|---|
| Enterprise Value | $35.17 Billion |
| Dividend Yield | $2 (3.88953714507974%) |
| Earnings per Share | $6.44 |
| Beta | 0.72 |
| Outstanding Shares | 482,000,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 13.78 |
|---|---|
| PEG | -14.09 |
| Price to Sales | 0.29 |
| Price to Book Ratio | 1.12 |
| Enterprise Value to Revenue | 0.4 |
| Enterprise Value to EBIT | 17.42 |
| Enterprise Value to Net Income | 19 |
| Total Debt to Enterprise | 0.32 |
| Debt to Equity | 0.52 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Archer Daniels Midland Co.
38,100 employees
CEO: Patricia Woertz ADM unlocks the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, ADM gives customers a...