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Ridley Corporation Limited (AU:RIC)
ASX:RIC

Ridley Corporation Limited (RIC) AI Stock Analysis

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AU

Ridley Corporation Limited

(Sydney:RIC)

Rating:73Outperform
Price Target:
AU$3.00
▲(11.94%Upside)
Ridley Corporation Limited demonstrates strong financial health with robust cash flow management, supporting a solid financial performance score. The technical analysis provides mixed signals, with upward price trends but potential overbought conditions. The valuation is moderate with a slightly elevated P/E ratio, but an attractive dividend yield adds a positive aspect. Despite some areas for improvement in profit margins and technical indicators, the overall outlook for the company remains positive, positioning it well within the packaged foods industry.

Ridley Corporation Limited (RIC) vs. iShares MSCI Australia ETF (EWA)

Ridley Corporation Limited Business Overview & Revenue Model

Company DescriptionRidley Corporation Limited (RIC) is a prominent Australian company operating in the agribusiness sector, primarily focused on the production and supply of high-quality animal nutrition solutions. The company serves various segments including agriculture, aquaculture, and pet food markets. Ridley Corporation is renowned for its innovative products that cater to the nutritional needs of livestock, poultry, and companion animals, ensuring optimal health and productivity.
How the Company Makes MoneyRidley Corporation Limited generates revenue through the manufacturing and sale of animal nutrition products. The company's key revenue streams include the production of feed for livestock and poultry, nutritional solutions for aquaculture, and pet food products. Ridley leverages its extensive research capabilities and state-of-the-art production facilities to deliver tailored nutrition solutions that meet the specific needs of its clients. Additionally, the company engages in strategic partnerships and collaborations with key stakeholders in the agricultural sector to enhance its market reach and product offerings, thereby contributing to its revenue growth.

Ridley Corporation Limited Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
1.26B1.26B1.05B927.72M967.94M
Gross Profit
115.94M111.36M99.56M79.03M66.79M
EBIT
66.22M63.39M51.33M34.63M31.39M
EBITDA
90.80M88.90M89.08M69.54M16.18M
Net Income Common Stockholders
39.85M41.83M42.43M24.90M-8.64M
Balance SheetCash, Cash Equivalents and Short-Term Investments
34.20M43.02M27.08M39.90M45.82M
Total Assets
664.38M617.70M607.37M613.06M646.73M
Total Debt
98.29M81.17M50.00M123.00M193.00M
Net Debt
64.10M38.14M22.92M83.10M147.18M
Total Liabilities
341.26M302.31M291.34M325.52M385.08M
Stockholders Equity
323.12M315.39M316.03M287.55M261.64M
Cash FlowFree Cash Flow
71.94M43.75M22.79M63.98M-38.42M
Operating Cash Flow
105.06M78.52M46.59M85.78M22.37M
Investing Cash Flow
-86.17M-34.77M36.36M-16.43M-55.05M
Financing Cash Flow
-27.71M-28.37M-95.78M-75.26M59.90M

Ridley Corporation Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.68
Price Trends
50DMA
2.50
Positive
100DMA
2.54
Positive
200DMA
2.52
Positive
Market Momentum
MACD
0.08
Negative
RSI
56.36
Neutral
STOCH
52.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RIC, the sentiment is Positive. The current price of 2.68 is above the 20-day moving average (MA) of 2.66, above the 50-day MA of 2.50, and above the 200-day MA of 2.52, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 56.36 is Neutral, neither overbought nor oversold. The STOCH value of 52.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:RIC.

Ridley Corporation Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AURIC
73
Outperform
$1.00B21.0712.66%3.97%1.90%-4.00%
AUBGA
65
Neutral
€1.71B50.003.35%1.93%4.28%
65
Neutral
$8.89B15.014.75%203.76%3.54%-2.49%
AUCLV
63
Neutral
AU$65.13M14.396.80%3.85%15.48%135.65%
AUCBO
63
Neutral
AU$846.27M39.617.32%1.63%13.04%103.19%
AUSHV
52
Neutral
AU$640.91M19.447.05%75.76%
AUBUB
51
Neutral
AU$125.04M-21.85%30.54%88.42%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:RIC
Ridley Corporation Limited
2.68
0.73
37.15%
AU:BGA
Bega Cheese Limited
5.61
1.32
30.83%
AU:SHV
Select Harvests
4.51
1.23
37.54%
AU:CBO
Cobram Estate Olives Ltd.
2.02
0.21
11.60%
AU:BUB
Bubs Australia Ltd.
0.14
0.02
16.67%
AU:CLV
Clover Corporation Limited
0.39
-0.10
-20.41%

Ridley Corporation Limited Corporate Events

Ridley Corporation to Quote New Securities on ASX
Jun 5, 2025

Ridley Corporation Limited has announced the application for the quotation of 4,548,585 ordinary fully paid securities on the Australian Securities Exchange (ASX), with the issue date set for June 6, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with the company’s financial activities.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Ridley Corporation Expands Market Presence with New Securities Quotation
Jun 4, 2025

Ridley Corporation Limited has announced the quotation of 7,698,060 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective June 6, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s market presence and offering stakeholders an opportunity to engage with the company’s growth trajectory.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Ridley Corporation Completes Retail Entitlement Offer, Secures $125 Million for Strategic Acquisition
Jun 3, 2025

Ridley Corporation Limited has successfully completed its Retail Entitlement Offer, raising approximately $26 million as part of a larger $125 million capital raising initiative. The funds will be used to acquire the Incitec Pivot fertiliser distribution business from Dyno Nobel Limited for $300 million, enhancing Ridley’s market position and expanding its operational capabilities in the agricultural sector.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

State Street Corporation Ceases Substantial Holding in Ridley Corporation
May 23, 2025

Ridley Corporation Limited has announced that State Street Corporation and its subsidiaries, including State Street Bank and Trust Company and State Street Global Advisors, Australia, Limited, have ceased to be substantial holders in the company as of May 21, 2025. This change reflects a shift in the voting securities and relevant interests held by these entities, which may impact the company’s shareholder structure and influence within the industry.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Ridley Corporation Strengthens Financial Position with New Share Issuance
May 21, 2025

Ridley Corporation Limited has issued over 16 million fully paid ordinary shares at $2.12 each to institutional investors as part of an institutional placement. This move is in compliance with the Corporations Act 2001 and aims to strengthen the company’s financial position, potentially impacting its market strategy and stakeholder interests positively.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Ridley Corporation Announces Quotation of New Securities on ASX
May 21, 2025

Ridley Corporation Limited has announced the quotation of 16,509,434 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of May 21, 2025. This move is part of a previously announced transaction and signifies the company’s ongoing efforts to strengthen its financial position and market presence, potentially impacting its stakeholders by enhancing liquidity and investor confidence.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Ridley Corporation to Quote Over 30 Million Securities on ASX
May 21, 2025

Ridley Corporation Limited has announced the quotation of 30,264,282 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of May 21, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by improving access to capital markets.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Ridley Corporation Updates Securities Issuance Plan
May 19, 2025

Ridley Corporation Limited has announced an update to its previous securities issuance plan, specifically addressing the rounding of fractional entitlements, which will now be rounded up to the nearest whole number. This update is part of an accelerated non-renounceable entitlement offer, which could potentially enhance shareholder value and improve the company’s market position by increasing liquidity and capital availability.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Schroder Investment Management Increases Stake in Ridley Corporation
May 19, 2025

Schroder Investment Management Australia Ltd has increased its voting power in Ridley Corporation Limited from 6.70% to 8.52% through various transactions involving the buying and selling of ordinary shares. This change in substantial holding reflects Schroder’s strategic positioning and influence within Ridley Corporation, potentially impacting the company’s governance and decision-making processes.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Ridley Corporation Launches $125 Million Capital Raising for Strategic Acquisition
May 18, 2025

Ridley Corporation Limited has announced a fully underwritten pro rata accelerated non-renounceable entitlement offer to raise approximately $125 million. The capital raised will be used to fund the acquisition of Dyno Nobel Limited’s fertiliser distribution business. This strategic move aims to strengthen Ridley’s market position and expand its operations in the agricultural sector. The entitlement offer is structured to allow eligible shareholders to subscribe for new shares, with a portion of the capital also being raised through a placement to institutional investors.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Ridley Corporation Launches $125 Million Capital Raising Initiative
May 18, 2025

Ridley Corporation Limited has initiated a $125 million capital raising effort, which includes a $35 million placement to institutional investors and a $90 million entitlement offer to eligible shareholders. The retail component of this offer, expected to raise $26 million, is now open, allowing eligible retail shareholders to purchase new shares at $2.12 each. This capital raising is aimed at strengthening Ridley’s financial position, potentially enhancing its market competitiveness and operational capabilities.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Ridley Corporation Sees Shift in Substantial Holders
May 16, 2025

Ridley Corporation Limited has announced a significant change in its substantial holders, with State Street Bank and Trust Company and State Street Global Advisors, Australia, Limited acquiring a relevant interest in a large number of voting shares. This acquisition highlights a strategic move by these financial entities to strengthen their influence and position within the company, potentially impacting the company’s governance and future strategic decisions.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Ridley Corporation Secures $99 Million for Strategic Acquisition
May 13, 2025

Ridley Corporation Limited has successfully completed an institutional placement and entitlement offer, raising approximately $99 million to fund the acquisition of Dyno Nobel Limited’s fertiliser distribution business for $300 million. This strategic acquisition is expected to enhance Ridley’s market position by adding Australia’s top fertiliser distributor to its portfolio, with strong support from both existing and new investors.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

Ridley Corporation Announces A$125 Million Capital Raising Initiative
May 12, 2025

Ridley Corporation Limited has announced a fully underwritten accelerated non-renounceable pro-rata entitlement offer to raise approximately A$90 million and a placement to institutional investors to raise an additional $35 million. The funds raised are not expected to alter the company’s control structure, as the largest shareholder, AGR Agricultural Investments LLC, will maintain its current proportional stake.

Ridley Corporation Limited Announces Convertible Notes Issue
May 12, 2025

Ridley Corporation Limited announced a proposed issue of 50,000,000 deeply subordinated, unsecured, unconditional, unlisted convertible notes, with an issue date set for July 31, 2025. This strategic financial move is expected to enhance the company’s capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.

Ridley Corporation Announces New Securities Issue to Boost Capital
May 12, 2025

Ridley Corporation Limited has announced a proposed issue of 42,507,768 ordinary fully paid securities as part of an accelerated non-renounceable entitlement offer. This move is likely aimed at raising capital to support the company’s operations and strategic initiatives, potentially enhancing its market position and providing value to its stakeholders.

Ridley Corporation Announces Proposed Securities Issue
May 12, 2025

Ridley Corporation Limited has announced a proposed issue of 16,509,434 ordinary fully paid securities, scheduled for May 21, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and market positioning, with implications for investors and stakeholders as it seeks to raise funds and enhance its operational capabilities.

Ridley Corporation Acquires Dyno Nobel’s Fertiliser Distribution Business
May 12, 2025

Ridley Corporation Limited has announced its acquisition of Dyno Nobel Limited’s fertiliser distribution business for $300 million, excluding certain manufacturing operations and associated costs. This acquisition positions Ridley as a stronger player in the agricultural services industry, with the potential for significant earnings growth by FY26. The acquisition will be funded through a combination of new debt facilities, a $125 million equity raise, and vendor notes, with support from its major shareholder, AGR Agricultural Investments LLC.

Ridley Corporation Initiates Trading Halt for Capital Raising Announcement
May 11, 2025

Ridley Corporation Limited has requested a trading halt on its securities pending an announcement about the outcome of an accelerated entitlement offer and placement, which is part of a capital raising effort to fund an acquisition. The trading halt is expected to prevent uninformed trading and will remain in place until the company releases the relevant announcement or until the commencement of normal trading on 13 May 2025.

Ridley Corporation Sells Wasleys Feedmill to Baiada for A$22 Million
Apr 16, 2025

Ridley Corporation Limited has announced the sale of its Wasleys Feedmill in South Australia to the Baiada group for A$22 million, with the transaction expected to complete by June 30, 2025. The sale is part of Ridley’s strategy to strengthen its balance sheet and support growth ambitions, despite the feedmill’s significant contribution to EBITDA. The company anticipates a pre-tax profit from the sale and plans to offset reduced earnings through annual cost savings initiatives, while also navigating challenges in its Ingredient Recovery business due to market restrictions and weather impacts.

Ridley Corporation to Present at Australasian Agfood Conference
Mar 12, 2025

Ridley Corporation Limited announced its participation in the 23rd Australasian Agfood Conference, where it will present its latest updates and strategies. This engagement underscores Ridley’s commitment to maintaining its leadership in the animal nutrition sector and highlights its ongoing efforts to engage with stakeholders and investors.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.