BrasilAgro Cia Brasileira de Propriedades Agricolas (LND) AI Stock Analysis

• Market Cap: $401.79M
• Dividend Yield: 3.39%
• Average Volume (3M): 47.59K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.03
• Revenue Growth: -3.22%
• EPS Growth: -108.24%
• Country: US
• Employees: 342
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Farm Products
• EPS (TTM): -0.12
• Shares Outstanding: 102,683,440
• 10 Day Avg. Volume: 52,227
• 30 Day Avg. Volume: 47,589
• PEG Ratio: -0.39
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 1.97
• P/FCF Ratio: 35.11
• Enterprise Value/Market Cap: 8.10
• Enterprise Value/Revenue: 3.01
• Enterprise Value/Gross Profit: 8.55
• Enterprise Value/Ebitda: 14.63
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: $4.00 ▲(9.29% Upside)

LND's overall stock score is primarily impacted by its financial performance and technical analysis. The company faces significant profitability challenges and operational inefficiencies, reflected in its financial statements. The technical indicators suggest a bearish trend with weak market sentiment. Valuation is also a concern due to negative earnings, although the dividend yield offers some compensation.

Positive Factors

Buy-develop-operate-sell business model

The company’s buy-develop-operate-and-sell model creates recurring optionality: operational improvement increases productivity and land value, enabling monetization through property sales. This structural model supports medium-term value realization independent of commodity cycles.

Strong free cash flow growth

A 142.5% TTM rise in free cash flow signals meaningful improvement in cash generation. Improved cash conversion strengthens capacity to fund land development and operations, lowers dependence on external financing, and provides durable flexibility to execute the asset-monetization strategy.

Moderate leverage and stable equity base

A debt-to-equity around 0.63 and a stable equity ratio indicate manageable leverage and a solid capital base. This balance-sheet profile supports continued investment in farm improvements and cushions against cyclical revenue swings, preserving strategic optionality over months.

Negative Factors

Declining revenue and negative margins

Sustained revenue decline and negative profit margins point to structural operational inefficiencies. Reduced top-line and profitability limit retained earnings for reinvestment, increase reliance on asset sales for earnings, and constrain the firm’s ability to scale developments over the next several quarters.

Seasonality and reliance on property sales

Earnings are materially influenced by timing of farm/property sales and seasonal commercialization. Dependence on intermittent land disposals creates recurring volatility in reported results and cash flows, making operating performance lumpy and harder to rely on for steady capital planning.

Exposure to higher debt costs and currency swings

Negative financial results from rising debt costs and currency volatility raise financing risk. With moderate leverage, higher interest and FX headwinds can meaningfully compress margins and cash available for development, creating persistent pressure if rates or currency moves continue.

BrasilAgro Cia Brasileira de Propriedades Agricolas Business Overview & Revenue Model

Company Description

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas engages in the acquisition, development, exploration, and sale of rural properties suitable for agricultural activities in Brazil. The company operates through six segments: Real Estate, Grains, Sugarcane, Cattle Raising, Cotton, and Other. It is involved in the cultivation of soybean, corn, sorghum, and cotton, as well as sugarcane; and production and sale of beef calves after weaning. The company has 17 farms in 6 Brazilian states and 1 farm in Paraguay with a total area of 223,551 hectares of own lands and 51,747 hectares of leased lands. It also imports and exports agricultural products and inputs; purchases, sells, and/or rents properties, land, buildings, and real estate in rural and/or urban areas; provides real estate brokerage services; and manages third-party assets. The company was incorporated in 2005 and is headquartered in Sao Paulo, Brazil.

How the Company Makes Money

BrasilAgro generates revenue primarily through the sale of agricultural products cultivated on its owned and managed properties. The company benefits from the appreciation of its land assets, which can be sold or leased to other agricultural operators, thereby creating additional income streams. Key revenue sources include direct sales of crops, leasing agricultural land to third parties, and strategic partnerships with agribusiness firms to enhance operational efficiencies and market access. The company also capitalizes on favorable market conditions and price fluctuations in the agricultural commodities sector to optimize its earnings.

BrasilAgro Cia Brasileira de Propriedades Agricolas Financial Statement Overview

Summary

The company faces profitability challenges with declining revenue and negative profit margins. Despite moderate leverage and a stable equity base, operational inefficiencies are evident. However, there is a positive sign of cash generation improvement with strong free cash flow growth.

Income Statement

The income statement shows a declining trend in revenue with a negative revenue growth rate of -13.53% in the TTM period. Gross profit margin has decreased significantly from previous years, and the net profit margin is negative, indicating profitability challenges. The EBIT and EBITDA margins have also turned negative, reflecting operational inefficiencies.

Balance Sheet

The balance sheet indicates moderate leverage with a debt-to-equity ratio of 0.63 in the TTM period. The return on equity has turned negative, suggesting inefficiencies in generating returns from equity. However, the equity ratio remains stable, indicating a solid equity base relative to total assets.

Cash Flow

Cash flow analysis reveals a strong free cash flow growth rate of 142.51% in the TTM period, indicating improved cash generation. The operating cash flow to net income ratio is healthy, suggesting good cash conversion efficiency. However, the free cash flow to net income ratio indicates potential challenges in translating profits into free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.08B	1.06B	1.02B	1.20B	1.37B	716.05M
Gross Profit	380.54M	215.55M	311.89M	393.74M	775.92M	-35.82M
EBITDA	222.51M	105.07M	338.91M	421.73M	787.98M	436.83M
Net Income	12.46M	138.02M	226.87M	268.54M	520.10M	317.65M
Balance Sheet
Total Assets	3.83B	3.84B	3.61B	3.51B	3.35B	3.43B
Cash, Cash Equivalents and Short-Term Investments	236.22M	159.82M	193.89M	412.04M	530.36M	1.06B
Total Debt	1.33B	1.31B	1.04B	871.97M	702.19M	862.18M
Total Liabilities	1.72B	1.66B	1.43B	1.31B	1.13B	1.25B
Stockholders Equity	2.10B	2.18B	2.18B	2.20B	2.22B	2.18B
Cash Flow
Free Cash Flow	232.49M	59.33M	11.02M	94.95M	154.34M	132.52M
Operating Cash Flow	304.73M	139.31M	79.42M	155.73M	205.18M	151.23M
Investing Cash Flow	-170.66M	-106.68M	-27.85M	55.04M	-89.73M	-214.01M
Financing Cash Flow	-72.97M	-60.70M	-265.80M	-261.06M	-737.80M	954.86M

BrasilAgro Cia Brasileira de Propriedades Agricolas Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.66
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LND, the sentiment is Positive. The current price of 3.66 is below the 20-day moving average (MA) of 3.88, below the 50-day MA of 3.73, and below the 200-day MA of 3.69, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 63.69 is Neutral, neither overbought nor oversold. The STOCH value of 51.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LND.

BrasilAgro Cia Brasileira de Propriedades Agricolas Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CALM	73 Outperform	$4.00B	3.55	48.69%	10.53%	65.80%	197.95%
FDP	71 Outperform	$1.89B	24.16	3.95%	3.34%	1.11%	414.23%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
ALCO	58 Neutral	$317.52M	-2.18	-83.19%	0.55%	-5.52%	-2194.72%
AGRO	52 Neutral	$1.23B	37.26	1.69%	4.40%	-7.37%	-84.53%
LND	48 Neutral	$401.79M	-89.45	-1.12%	3.39%	-3.22%	-108.24%
LMNR	48 Neutral	$262.55M	-15.44	-4.88%	1.99%	-14.97%	-278.36%

BrasilAgro Cia Brasileira de Propriedades Agricolas Corporate Events

BrasilAgro Reports Q1 Loss Amid Seasonal Challenges and Market Fluctuations

BrasilAgro reported a net loss of R$64.3 million for the first quarter of the 2025/2026 harvest year, ending September 30, 2025. This loss is attributed to seasonal factors, including lower commercialization of agricultural products and the absence of farm sales, which had previously bolstered results. The company’s operations were further impacted by a decrease in sugarcane sales and a negative financial result due to higher debt costs and currency fluctuations. Despite these challenges, BrasilAgro anticipates a 20% increase in production for the grain and cotton season, driven by productivity improvements and crop mix adjustments. Planting activities are progressing in various regions, although some delays have occurred due to weather conditions.

The most recent analyst rating on (LND) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on BrasilAgro Cia Brasileira de Propriedades Agricolas stock, see the LND Stock Forecast page.

BrasilAgro Updates 2025/2026 Harvest Estimates Amid Weather Challenges

BrasilAgro has announced updates to its agricultural operations estimates for the 2025/2026 harvest year, indicating a favorable forecast despite challenges posed by inconsistent rainfall patterns. The company has adjusted its estimates for various crops, including soybeans, corn, and sugarcane, and highlighted a significant reduction in sugarcane productivity due to adverse weather conditions and pest issues. Additionally, the sale of Fazenda Preferência in June 2025 has led to revised cattle raising estimates, impacting both area and herd size.

The most recent analyst rating on (LND) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on BrasilAgro Cia Brasileira de Propriedades Agricolas stock, see the LND Stock Forecast page.