Inghams Group Ltd. (ING) AI Stock Analysis

• Market Cap: €924.23M
• Dividend Yield: 7.63%
• Average Volume (3M): 2.53M
• Price to Earnings (P/E): 10.3
• Beta (1Y): 0.79
• Revenue Growth: -3.36%
• EPS Growth: -11.53%
• Country: AU
• Employees: 8,000
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Farm Products
• EPS (TTM): 0.11
• Shares Outstanding: 371,679,630
• 10 Day Avg. Volume: 2,748,784
• 30 Day Avg. Volume: 2,532,292
• PEG Ratio: -1.33
• Price to Book (P/B): 4.80
• Price to Sales (P/S): 0.42
• P/FCF Ratio: 6.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €2.82
• Price Target Upside: 13.11% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 7

• Rating: 60 Neutral
• Price Target: AU$2.50 ▲(0.40% Upside)

The overall stock score for Inghams Group Ltd. is primarily influenced by its mixed financial performance and bearish technical indicators. While the company shows strong cash flow management and attractive valuation metrics, the declining revenue, high leverage, and negative market momentum weigh heavily on the score.

Positive Factors

Cash Flow Management

Strong cash flow management indicates the company's ability to generate cash relative to its net income, which is crucial for sustaining operations and funding growth.

Profitability Margins

Stable profitability margins suggest operational efficiency, allowing the company to maintain profitability despite revenue challenges.

Return on Equity

High return on equity indicates effective use of shareholders' equity to generate profits, reflecting strong management performance and business efficiency.

Negative Factors

Revenue Decline

Declining revenue growth poses a risk to the company's market position and long-term profitability, necessitating strategic initiatives to reverse the trend.

High Leverage

High leverage increases financial risk and limits flexibility, potentially impacting the company's ability to invest in growth opportunities or weather economic downturns.

Free Cash Flow Decline

A significant decline in free cash flow can strain liquidity, affecting the company's ability to fund operations, pay dividends, and reduce debt.

Inghams Group Ltd. Business Overview & Revenue Model

Company Description

Inghams Group Ltd. (ING) is a leading Australian and New Zealand company specializing in the production and supply of poultry products. The company operates within the food production sector, focusing primarily on the breeding, hatching, processing, and distribution of chicken and turkey products. Inghams Group provides a wide range of fresh and frozen poultry products to retailers, quick-service restaurants, food service distributors, and other food manufacturers.

How the Company Makes Money

Inghams Group Ltd. generates revenue through the sale of its poultry products across various channels, including retail, food services, and export markets. The company's revenue model is primarily based on the production and distribution of fresh and frozen chicken and turkey products. Key revenue streams include supplying poultry to major supermarket chains, food service companies, and quick-service restaurants. Inghams maintains significant partnerships with prominent retailers and restaurant chains, which contribute to stable and recurring revenue. Additionally, the company engages in export activities, supplying poultry products to international markets, further diversifying its income sources. Inghams' earnings are influenced by factors such as poultry production costs, consumer demand, and market prices for poultry products.

Inghams Group Ltd. Financial Statement Overview

Summary

Inghams Group Ltd. exhibits a mixed financial performance. While profitability margins are stable, the company faces challenges with declining revenue and high leverage. Cash flow generation remains strong, but the decrease in free cash flow growth is a concern. Overall, the company needs to address its revenue growth and leverage to improve financial health.

Income Statement

Inghams Group Ltd. has shown a decline in revenue growth with a negative growth rate of -2.44% in the latest year. However, the company maintains a reasonable gross profit margin of 18.45% and a net profit margin of 2.85%. The EBIT and EBITDA margins are also stable at 6.62% and 8.90%, respectively, indicating operational efficiency despite the revenue decline.

Balance Sheet

The company has a high debt-to-equity ratio of 5.63, which suggests significant leverage and potential financial risk. However, the return on equity is strong at 32.41%, indicating effective use of equity to generate profits. The equity ratio is relatively low at 11.72%, highlighting a reliance on debt financing.

Cash Flow

Free cash flow has decreased by 28.64%, which is a concern for liquidity. However, the operating cash flow to net income ratio of 3.56 and free cash flow to net income ratio of 2.36 demonstrate strong cash generation relative to net income, indicating good cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.15B	3.15B	3.26B	3.04B	2.71B	2.67B
Gross Profit	581.70M	581.70M	620.90M	511.30M	405.50M	486.80M
EBITDA	280.70M	280.70M	232.00M	420.90M	370.20M	447.00M
Net Income	89.80M	89.80M	101.50M	60.40M	35.10M	83.30M
Balance Sheet
Total Assets	2.36B	2.36B	2.40B	2.57B	2.54B	2.54B
Cash, Cash Equivalents and Short-Term Investments	106.40M	106.40M	110.70M	136.30M	131.60M	158.10M
Total Debt	1.56B	1.56B	1.60B	1.90B	1.94B	1.94B
Total Liabilities	2.09B	2.09B	2.18B	2.37B	2.38B	2.38B
Stockholders Equity	277.00M	277.00M	219.60M	201.80M	158.20M	163.60M
Cash Flow
Free Cash Flow	212.00M	212.00M	256.80M	259.70M	267.60M	360.90M
Operating Cash Flow	319.30M	319.30M	418.50M	331.60M	329.50M	427.20M
Investing Cash Flow	-135.30M	-134.70M	-164.10M	-68.40M	-58.10M	-55.60M
Financing Cash Flow	-165.20M	-189.50M	-279.70M	-258.70M	-309.80M	-347.60M

Inghams Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.49
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ING, the sentiment is Negative. The current price of 2.49 is below the 20-day moving average (MA) of 2.52, below the 50-day MA of 2.71, and below the 200-day MA of 3.14, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 37.24 is Neutral, neither overbought nor oversold. The STOCH value of 54.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ING.

Inghams Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SGLLV	77 Outperform	AU$1.19B	17.12	11.56%	3.69%	-1.58%	6.26%
ELD	70 Neutral	€1.46B	19.16	7.21%	5.99%	6.54%	-0.58%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
GNC	61 Neutral	$1.92B	27.33	4.61%	5.37%	2.00%	-28.15%
ING	60 Neutral	€924.23M	10.31	36.84%	7.63%	-3.36%	-11.53%
FRM	60 Neutral	AU$68.08M	9.77	29.12%	―	2.63%	―
AAC	46 Neutral	$849.54M	25.13	-0.01%	―	15.40%	98.85%

Inghams Group Ltd. Corporate Events

AustralianSuper Ceases to be Substantial Holder in Inghams Group

Inghams Group Ltd has announced that AustralianSuper Pty Ltd has ceased to be a substantial holder in the company as of July 23, 2025. The change in substantial holding was primarily due to a series of transactions involving the sale of shares by JPMorgan Nominees Australia Ltd, resulting in a significant reduction of voting securities held by AustralianSuper Pty Ltd. This development could impact the company’s shareholder structure and influence its market dynamics.

The most recent analyst rating on (AU:ING) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.

Mitsubishi UFJ Financial Group Gains Substantial Holding in Inghams Group

Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Inghams Group Limited, acquiring a significant voting power through its interests in Morgan Stanley and First Sentier Group Limited. This development indicates a strategic move by Mitsubishi UFJ Financial Group to strengthen its influence in the market, potentially impacting the operational dynamics and stakeholder interests of Inghams Group.

The most recent analyst rating on (AU:ING) stock is a Hold with a A$3.60 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.

Mitsubishi UFJ Financial Group Becomes Substantial Holder in Inghams Group Ltd.

Inghams Group Ltd. has announced a significant change in its shareholder structure, with Mitsubishi UFJ Financial Group (MUFG) becoming a substantial holder. MUFG, through its subsidiary First Sentier Group Limited, now has a relevant interest in a significant number of Inghams’ voting shares. This development indicates a strategic move by MUFG to increase its influence within Inghams Group Ltd., potentially impacting the company’s governance and future strategic decisions.

The most recent analyst rating on (AU:ING) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.

Mitsubishi UFJ Financial Group Ceases Substantial Holding in Inghams Group

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Inghams Group Limited as of July 16, 2025. This change is due to the purchase of securities by an entity controlled by Morgan Stanley, affecting a significant number of fully paid ordinary shares, which indicates a shift in the voting interests within the company.

The most recent analyst rating on (AU:ING) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.

First Sentier Investors Ceases Substantial Holding in Inghams Group

Inghams Group Ltd. has announced that First Sentier Investors has ceased to be a substantial holder in the company as of July 14, 2025. This change reflects a shift in the voting securities held by First Sentier Investors, which may impact the company’s shareholder structure and influence in decision-making processes.

The most recent analyst rating on (AU:ING) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.

Mitsubishi UFJ Gains Substantial Holding in Inghams Group

Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Inghams Group Ltd., acquiring a significant voting power through its relevant interests in securities. This development indicates a strategic move by Mitsubishi UFJ to strengthen its influence in the company, potentially impacting Inghams Group’s market positioning and stakeholder interests.

The most recent analyst rating on (AU:ING) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.

First Sentier Group Becomes Substantial Holder in Inghams Group

First Sentier Group Limited, a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, has become a substantial holder of shares in Inghams Group Ltd., with a relevant interest in 18,683,223 fully paid ordinary shares. This development signifies a significant stake in the company, indicating potential influence over voting and decision-making processes within Inghams Group Ltd. The acquisition highlights Mitsubishi UFJ Financial Group’s strategic interest in expanding its investment portfolio and influence in the market.

The most recent analyst rating on (AU:ING) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.

Inghams Group to Release FY25 Financial Results

Inghams Group Limited has announced that it will release its financial results for the 2025 financial year on August 22, 2025. This announcement is significant as it provides stakeholders with insights into the company’s financial health and performance, potentially impacting its market positioning and investor relations.

The most recent analyst rating on (AU:ING) stock is a Hold with a A$3.58 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.

Inghams Group Announces Leadership Transition

Inghams Group Limited has announced a leadership transition with Edward Alexander taking over as the new Chief Executive Officer and Managing Director, effective from June 29, 2025. This change follows the retirement of Andrew Reeves, who will remain with the company until the end of August 2025, ensuring a smooth transition. The leadership change is expected to bring new strategic directions and potentially impact the company’s operations and market positioning.

The most recent analyst rating on (AU:ING) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.

FMR LLC Reduces Stake in Inghams Group Ltd.

FMR LLC, a substantial holder in Inghams Group Ltd., has reduced its voting power from 6.47% to 5.46%. The change in FMR’s interest, marked by a series of buy and sell transactions, reflects a strategic adjustment in its investment portfolio, potentially impacting Inghams Group’s market perception and shareholder dynamics.

The most recent analyst rating on (AU:ING) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.

Inghams Group Announces Change in Registry Address

Inghams Group Limited has announced a change in the registry address for its Sydney office of Computershare Investor Services Pty Limited, effective from 10 June 2025. This update, while operational in nature, reflects the company’s ongoing administrative adjustments and is not expected to have significant implications for stakeholders or its market operations.

The most recent analyst rating on (AU:ING) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.