Farm Pride Foods Limited (AU:FRM)
ASX:FRM
Top Page
Farm Pride Foods Limited
(Sydney:FRM)
Select Model
Select Model
Rating:74Outperform
Price Target:
AU$0.25
▲(26.00% Upside)
Action:UpgradedDate:02/27/26
The score is driven primarily by improved financial performance, especially the profitability recovery and very strong free cash flow generation, with leverage trending better. Technicals add support with price above key moving averages and positive MACD. Valuation is a further positive with a low P/E, while earnings call and corporate events were excluded due to missing data.
Positive Factors
Free cash flow strength
A near-doubling of free cash flow in 2025 demonstrates sustainable cash generation capacity. Consistently high FCF supports funding for working capital, reinvestment, debt reduction or shareholder returns, improving financial flexibility across 2–6 months and beyond.
Negative Factors
Moderate return on equity
ROE of ~15.5% signals only modest efficiency in turning equity into profits. For capital-intensive agricultural operations, this level suggests scope to improve asset utilization or pricing power; if unchanged, it may limit long-term shareholder return potential.
Read all positive and negative factors
Positive Factors
Negative Factors
Free cash flow strength
A near-doubling of free cash flow in 2025 demonstrates sustainable cash generation capacity. Consistently high FCF supports funding for working capital, reinvestment, debt reduction or shareholder returns, improving financial flexibility across 2–6 months and beyond.
Read all positive factors
Farm Pride Foods Limited (FRM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$54.24M
Dividend YieldN/A
Average Volume (3M)20.07K
Price to Earnings (P/E)1.4
Beta (1Y)<0.01
Revenue Growth2.63%
EPS GrowthN/A
CountryAU
Employees230
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)0.04
Shares Outstanding230,791,260
10 Day Avg. Volume13,021
30 Day Avg. Volume20,074
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)1.47
Price to Sales (P/S)0.63
P/FCF Ratio8.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Farm Pride Foods Limited Business Overview & Revenue Model
Company Description
Farm Pride Foods Limited produces, processes, manufactures, and sells eggs and egg products in Australia. The company offers free range, barn laid, birds, and farm fresh eggs. It also provides egg products, such as whole eggs, egg white, egg yolk,...
How the Company Makes Money
null...
Farm Pride Foods Limited Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
65
Positive
Cash Flow
80
Positive
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 99.62M | 97.07M | 82.78M | 74.04M | 73.32M |
| Gross Profit | 43.32M | 28.17M | 22.45M | -6.15M | 19.31M |
| EBITDA | 11.57M | 7.04M | 10.54M | 5.44M | 6.40M |
| Net Income | 6.66M | -2.35M | -9.11M | -19.78M | -11.97M |
Balance Sheet | |||||
| Total Assets | 94.30M | 60.81M | 55.91M | 58.74M | 72.01M |
| Cash, Cash Equivalents and Short-Term Investments | 8.30M | 1.69M | 1.99M | 2.15M | 1.28M |
| Total Debt | 38.92M | 43.27M | 34.55M | 34.81M | 30.13M |
| Total Liabilities | 51.40M | 57.99M | 50.86M | 49.38M | 42.87M |
| Stockholders Equity | 42.90M | 2.82M | 5.05M | 9.36M | 29.14M |
Cash Flow | |||||
| Free Cash Flow | 7.85M | 1.72M | -3.93M | -5.08M | -615.00K |
| Operating Cash Flow | 9.23M | 2.93M | -3.40M | -3.73M | -215.00K |
| Investing Cash Flow | -1.38M | 1.14M | -523.00K | 16.77M | 2.71M |
| Financing Cash Flow | -1.24M | -4.37M | 3.76M | -12.18M | -5.63M |
Farm Pride Foods Limited Technical Analysis
Negative
0.20
Price Trends
0.23
Negative
0.23
Negative
0.27
Negative
Market Momentum
>-0.01
Positive
44.54
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FRM, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.23, below the 50-day MA of 0.23, and below the 200-day MA of 0.27, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.54 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:FRM.
Farm Pride Foods Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | AU$54.24M | 1.39 | 28.29% | ― | 2.63% | ― | |
70 Neutral | AU$19.17M | -5.78 | 4.51% | ― | 18.35% | 55.88% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
52 Neutral | AU$1.23M | -1.19 | -268.42% | ― | 17.85% | 52.81% | |
45 Neutral | AU$71.78M | -1.37 | -20.91% | 29.49% | -16.73% | -343.82% | |
44 Neutral | AU$8.51M | -1.51 | -90.33% | ― | -94.79% | 82.57% |
* Consumer Defensive Sector Average
AU:FRM
Farm Pride Foods Limited
0.24
0.03
17.50%
AU:WOA
Wide Open Agriculture Ltd.
0.01
>-0.01
-27.78%
AU:WNR
Wingara Ag Ltd.
0.01
0.00
0.00%
AU:DBF
Duxton Farms Limited
0.67
-0.38
-36.13%
AU:AAP
Australian Agricultural Projects Ltd.
0.05
0.01
30.00%
Farm Pride Foods Limited Corporate Events
Farm Pride director Malcolm Ward marginally increases indirect shareholding
Mar 12, 2026
Farm Pride Foods has disclosed a minor change in director Malcolm Ward’s indirect shareholding following an off-market transfer. Ward, whose interests are held through Oakmeadow Pty Ltd and Palmgate Holdings Pty Ltd, acquired 1,584 fully pa...
Farm Pride launches buyback for small shareholders to streamline register
Mar 12, 2026
Farm Pride Foods has launched a small shareholding buyback facility for Australian and New Zealand investors holding less than A$500 worth of its shares, enabling these shareholders to exit cost effectively without brokerage or handling fees. The ...
Farm Pride Foods Delivers Strong Profit Surge but Holds Off on Dividend
Feb 26, 2026
Farm Pride Foods Limited reported a strong first-half performance for the six months to 31 December 2025, with revenue from ordinary activities rising 40.27% to $63.3 million compared with the prior corresponding period. Net profit after tax attri...
Farm Pride Delivers Strong Cash Inflows Amid Rising Egg Supply and Pricing Pressure
Jan 29, 2026
Farm Pride Foods reported net operating cash inflows of $4.57 million for the quarter ended 31 December 2025, with customer receipts rising 3% to $32.56 million on the back of higher farm production, processing efficiency and external egg supplies...
Farm Pride Foods Director Darren Lurie Increases Indirect Shareholding
Jan 20, 2026
Farm Pride Foods Ltd has disclosed a change in director Darren Lurie’s indirect interests, with Lurie increasing his holding in the company through associated entities. The director acquired 500,000 fully paid ordinary shares on-market for $...
Farm Pride Director Palatianos Increases Indirect Shareholding via On-Market Purchase
Jan 16, 2026
Farm Pride Foods Limited has disclosed a change in the relevant interests of director George Palatianos, who has increased his indirect shareholding in the company through entities Bait of Brets Pty Ltd and Ackenberg Pty Ltd. On 14 January 2026, B...
Farm Pride Flags Potential Major Share Sale by Substantial Holder
Jan 14, 2026
Farm Pride Foods has disclosed that substantial shareholder West Coast Eggs Pty Ltd intends to sell up to 30 million Farm Pride shares on-market at a price of $0.20 per share over the coming days, which, if completed in full, would still leave Wes...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.