ELDERS LIMITED (ELD)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

ELD

ELD - ELDERS LIMITED

FNArena Sector : Agriculture
Year End: September
GICS Industry Group : Food, Beverage & Tobacco
Debt/EBITDA: 2.79
Index: ASX200 | ASX300 | ALL-ORDS

Elders is an Australian agribusiness that provides products and services to primary producers in Australia and New Zealand. With roots going back to 1839, it has been a listed entity since 1981.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.09

05 Dec
2025

-0.240

OPEN

$7.25

-3.27%

HIGH

$7.27

817,940

LOW

$7.07

TARGET
$8.70 22.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AAC . AMN . APC . CBO . CXM . GNC . HFR . LGL . NUF . RIC . SGLLV . SHV . TFL . WLD .
FNARENA'S MARKET CONSENSUS FORECASTS
ELD: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 27.2 59.8 xxx
DPS (cps) xxx 36.0 38.0 xxx
EPS Growth xxx - 3.5% 100.0% xxx
DPS Growth xxx 0.8% 5.6% xxx
PE Ratio xxx N/A 11.9 xxx
Dividend Yield xxx N/A 5.4% xxx
Div Pay Ratio(%) xxx 132.3% 63.6% xxx

Dividend yield today if purchased 3 years ago: 3.63%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.08

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 17/12 - ex-div 18c (franking 70%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx27.2
DPS All xxxxxxxxxxxxxxx36.0
Sales/Revenue xxxxxxxxxxxxxxx3,201.7 M
Book Value Per Share xxxxxxxxxxxxxxx565.1
Net Operating Cash Flow xxxxxxxxxxxxxxx117.9 M
Net Profit Margin xxxxxxxxxxxxxxx1.57 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx5.24 %
Return on Invested Capital xxxxxxxxxxxxxxx3.95 %
Return on Assets xxxxxxxxxxxxxxx2.02 %
Return on Equity xxxxxxxxxxxxxxx5.24 %
Return on Total Capital xxxxxxxxxxxxxxx7.93 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx45.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx355 M
Long Term Debt xxxxxxxxxxxxxxx239 M
Total Debt xxxxxxxxxxxxxxx594 M
Goodwill - Gross xxxxxxxxxxxxxxx347 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx47 M
Price To Book Value xxxxxxxxxxxxxxx1.32

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx33.2 M
Capex % of Sales xxxxxxxxxxxxxxx1.04 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,532 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx541 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx71 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

18/11/2025

1

Buy

$8.65

22.00%

Morgans views Elders' FY25 results as slightly disappointing, despite being in line with recently updated guidance. The 2H25 earnings (EBIT) were down -11.6% due to the drought conditions, impacting the retail and wholesale business.

D&A moved up with higher costs arising from acquisitions and its transition projects (Systems Modernisation) with no ancillary earnings benefit.

Management did not offer any formal FY26 guidance, but highlighted a robust start to FY26, with trading for the first six weeks up 30% y/y, including the Delta acquisition.

Easing drought conditions in Vic and SA make the company more optimistic about FY26. The analyst retains a Buy rating and lifts the target to $8.65 from $8.50.

FORECAST
Morgans forecasts a full year FY26 dividend of 36.00 cents and EPS of 59.00 cents.
Morgans forecasts a full year FY27 dividend of 41.00 cents and EPS of 68.00 cents.

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

17/11/2025

1

Buy

$7.93

11.85%

The FY25 result from Elders was in line with guidance. Canaccord Genuity notes seasonal conditions present the variability to earnings, as usual.

The broker remains attracted to the initial contribution from Delta and improvement in crop protection margins.

Canaccord Genuity continues to assume average seasonal conditions although notes summer rainfall forecasts have moderated over recent weeks.

Upside risk may come from a working capital release and/or Sys Mod, which is not yet reflected in forecasts. With an undemanding valuation the broker retains a Buy rating and reduces the target to $7.93 from $8.15.

FORECAST
Canaccord Genuity forecasts a full year FY26 dividend of 36.00 cents and EPS of 51.00 cents.
Canaccord Genuity forecasts a full year FY27 dividend of 36.00 cents and EPS of 53.00 cents.
Access Extra Coverage Research History >

ELD STOCK CHART

FNArena News on ELD

Latest Agriculture News

1
Get Ready For Extreme Heat And Its Effects On Crops, Lives

Jun 06 2022 - ESG Focus
2
Elders: Good And (Still) Getting Better

May 24 2022 - Australia
3
Brokers Tip Better Brew for United Malt in FY23

May 18 2022 - Australia
4
GrainCorp Makes Hay As The Rain Falls

May 12 2022 - Australia
5
GrainCorp: Focus On FY23 And Capital Return

Apr 12 2022 - Australia
6
Incitec Pivot In The Spotlight

Apr 05 2022 - Technicals
7
Costa Group Investment Comes to Fruition

Mar 16 2022 - Australia
8
More Upside For Wheat

Mar 16 2022 - Technicals
9
Has Elders Reached Peak Earnings?

Mar 16 2022 - Australia
10
ESG Focus: Australian Wine And Climate Change

Jan 10 2022 - Australia