Ceres Global (CRP) AI Stock Analysis

• Market Cap: C$189.10M
• Dividend Yield: N/A
• Average Volume (3M): 73.52K
• Price to Earnings (P/E): 53.6
• Beta (1Y): -0.55
• Revenue Growth: -4.70%
• EPS Growth: -64.54%
• Country: CA
• Employees: 169
• Sector: Utilities
• Sector Strength: 79
• Industry: Specialty Business Services
• EPS (TTM): 0.07
• Shares Outstanding: 31,153,154
• 10 Day Avg. Volume: 5,961
• 30 Day Avg. Volume: 73,515
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.85
• Enterprise Value/Market Cap: 0.72
• Enterprise Value/Revenue: 0.04
• Enterprise Value/Gross Profit: 5.67
• Enterprise Value/Ebitda: 1.86
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 63 Neutral
• Price Target: C$6.50 ▲(7.08%Upside)

Ceres Global's overall stock score is driven primarily by a stable financial performance and strong technical indicators, though it faces challenges in valuation due to a high P/E ratio. Positive corporate events provide additional upside potential, but the lack of earnings call data limits further insights into future guidance and sentiment.

Ceres Global Business Overview & Revenue Model

Company Description

Ceres Global Partners Inc. (CRP) is a North American agricultural, energy, and industrial products supply chain company. The company focuses on the procurement, storage, handling, and merchandising of agricultural commodities and value-added products. It operates through key segments including grain storage facilities, logistics centers, and a network of supply chain assets that connect producers with end-users across the continent.

How the Company Makes Money

Ceres Global generates revenue primarily through the trading and merchandising of agricultural commodities such as grains, oilseeds, and other related products. The company owns and operates various grain storage and handling facilities that provide storage and logistical solutions for producers and consumers, generating storage fees and service charges. Additionally, Ceres Global benefits from its strategic partnerships and joint ventures with other companies in the agricultural sector, enhancing its ability to deliver efficient supply chain solutions and expanding its reach in the market. Revenue is also driven by leveraging its logistics assets to optimize the transportation and distribution of goods, ensuring timely delivery and meeting market demands.

Ceres Global Financial Statement Overview

Summary

Ceres Global exhibits a mixed financial performance with moderate scores across the board. The income statement reflects challenges in revenue growth and profitability, but there is potential for recovery. The balance sheet is stable with manageable debt levels, and cash flows are robust, supporting operational needs. Overall, the company is on a recovery trajectory, yet significant improvements in profitability and revenue growth are needed.

Income Statement

Ceres Global's TTM (Trailing-Twelve-Months) data shows challenges in revenue growth and profitability. The revenue declined compared to the previous annual period, and both gross and net profit margins are relatively low. The EBIT and EBITDA margins are modest, indicating operational challenges. Nonetheless, there has been improvement from past losses, highlighting potential for recovery.

Balance Sheet

The company's debt-to-equity ratio is moderate, suggesting manageable leverage levels. Return on Equity (ROE) is low due to constrained profitability, but the equity ratio indicates a stable asset structure with a reasonable proportion of equity financing. Overall, the balance sheet reflects stability but with room for enhanced profitability.

Cash Flow

Ceres Global demonstrates improving cash flow management with positive free cash flow. The free cash flow growth rate is positive, and the operating cash flow comfortably covers net income, indicating efficient cash operations. However, the free cash flow to net income ratio suggests some constraints in translating profits into free cash flow.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
843.92M	920.09M	1.04B	1.06B	748.20M	581.71M
	Gross Profit
23.93M	35.16M	22.77M	55.88M	24.92M	27.32M
	EBIT
6.53M	16.76M	-2.71M	23.97M	8.87M	9.62M
	EBITDA
13.37M	22.83M	5.62M	9.19M	13.91M	16.10M
	Net Income Common Stockholders
1.94M	9.36M	-7.91M	-8.82M	12.04M	4.34M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.68M	4.59M	6.82M	18.00M	5.02M	1.44M
	Total Assets
291.75M	259.38M	263.63M	333.95M	338.59M	254.99M
	Total Debt
75.37M	58.10M	63.36M	105.32M	113.49M	64.44M
	Net Debt
71.70M	55.35M	57.33M	88.11M	109.28M	63.74M
	Total Liabilities
139.72M	108.42M	120.97M	184.44M	181.67M	110.00M
	Stockholders Equity
152.02M	150.95M	142.66M	149.50M	156.92M	144.99M
Cash Flow		Free Cash Flow
9.79M	2.31M	29.23M	51.25M	-35.55M	6.07M
	Operating Cash Flow
11.48M	3.30M	30.62M	54.46M	-25.94M	7.86M
	Investing Cash Flow
957.00K	-621.00K	792.00K	-33.30M	-18.03M	-25.53M
	Financing Cash Flow
-12.71M	-5.97M	-42.59M	-8.16M	47.48M	16.47M

Ceres Global Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CRP, the sentiment is Positive. The current price of 6.07 is above the 20-day moving average (MA) of 6.04, above the 50-day MA of 4.21, and above the 200-day MA of 3.29, indicating a bullish trend. The MACD of 0.49 indicates Positive momentum. The RSI at 86.99 is Negative, neither overbought nor oversold. The STOCH value of 90.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CRP.

Ceres Global Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KBL	74 Outperform	C$443.83M	20.15	9.69%	4.74%	16.35%	3.98%
DXT	72 Outperform	C$556.43M	17.71	15.03%	3.92%	-10.24%	-23.79%
GDI	71 Outperform	C$736.30M	19.34	7.93%	―	1.49%	152.09%
DCM	71 Outperform	C$102.32M	14.20	21.19%	2.79%	-5.30%	―
Sector *	64 Neutral	$8.53B	10.30	4.25%	5.88%	4.06%	-12.76%
CRP	63 Neutral	C$189.10M	53.62	1.65%	―	-4.70%	-64.54%
CGY	58 Neutral	C$527.90M	12,545.95	0.01%	3.30%	3.03%	-99.78%

Ceres Global Corporate Events

Ceres Global Ag Corp. Announces Shareholder Meeting for Acquisition by Bartlett Grain

Ceres Global Ag Corp. has announced the filing and distribution of its management information circular related to a proposed plan of arrangement with Bartlett Grain Company. This transaction involves Bartlett Grain acquiring all outstanding common shares of Ceres for US$4.50 per share. The Ontario Superior Court of Justice has granted an interim order allowing Ceres to proceed with the shareholder meeting to vote on this arrangement. The independent committee and board of Ceres have unanimously recommended that shareholders vote in favor of the transaction, deeming it in the best interest of the corporation and fair to shareholders.

Ceres Global Ag Corp. to be Acquired by Bartlett Grain Company

Ceres Global Ag Corp. has entered into a definitive arrangement agreement to be acquired by Bartlett Grain Company for US$4.50 per share, representing a significant premium over its recent trading prices. This acquisition, unanimously approved by Ceres’ board and supported by major shareholders, is expected to enhance Bartlett’s supply chain capabilities and expand its agricultural portfolio. The transaction is subject to customary approvals and is anticipated to close by late Q2 or early Q3 2025.

Ceres Global Ag Corp. Reports Increased Q3 Income Amid Market Volatility

Ceres Global Ag Corp. reported a net income of $1.6 million for the third quarter of fiscal year 2025, an increase from the previous year’s $985 thousand. The company adapted to market volatility caused by U.S. trade policies, leveraging its assets and expertise to manage risks and deliver solid results. Ceres amended its revolving credit and term loan facilities, enhancing financial flexibility and linking sustainability initiatives to potential interest rate reductions. Looking forward, Ceres aims to navigate ongoing trade uncertainties and capitalize on market opportunities during the planting season, maintaining a focus on core strategy execution to deliver shareholder value.

Ceres Global Ag Corp. to Announce Q3 Fiscal 2025 Results

Ceres Global Ag Corp. announced it will release its fiscal 2025 third quarter financial results on May 14, 2025, with a conference call scheduled for the same day. The call will be co-chaired by Interim President and CEO Tom Coyle and CFO Blake Amundson, providing stakeholders an opportunity to engage with the company’s leadership. This announcement is significant for investors and stakeholders as it provides insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.

Ceres Global Ag Corp. Enhances Credit Facility to Support Regenerative Agriculture

Ceres Global Ag Corp. has announced an amendment to its credit facility, which is now a sustainability-linked loan offering a reduced interest rate if certain regenerative agriculture performance indicators are met. This initiative, part of Ceres’ OREGEN™ program, strengthens its relationships with farmers and millers by meeting the growing demand for regenerative agriculture products, positioning Ceres as a leader in this field and supporting its business growth.