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Rural Funds Group
Buy, Hold or Sell?

Let's analyse Rural Funds Group together

PenkeI guess you are interested in Rural Funds Group. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Rural Funds Group. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Rural Funds Group (30 sec.)










What can you expect buying and holding a share of Rural Funds Group? (30 sec.)

How much money do you get?

How much money do you get?
A$0.30
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
A$2.56
Expected worth in 1 year
A$3.35
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
A$1.25
Return On Investment
59.8%

For what price can you sell your share?

Current Price per Share
A$2.09
Expected price per share
A$2 - A$2.2661925
How sure are you?
50%
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1. Valuation of Rural Funds Group (5 min.)




Live pricePrice per Share (EOD)

A$2.09

Intrinsic Value Per Share

A$-4.34 - A$-2.36

Total Value Per Share

A$-1.78 - A$0.20

2. Growth of Rural Funds Group (5 min.)




Is Rural Funds Group growing?

Current yearPrevious yearGrowGrow %
How rich?$649.5m$599.7m$49.8m7.7%

How much money is Rural Funds Group making?

Current yearPrevious yearGrowGrow %
Making money$61.8m$136.7m-$74.9m-121.3%
Net Profit Margin99.9%255.6%--

How much money comes from the company's main activities?

3. Financial Health of Rural Funds Group (5 min.)




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What can you expect buying and holding a share of Rural Funds Group? (5 min.)

Welcome investor! Rural Funds Group's management wants to use your money to grow the business. In return you get a share of Rural Funds Group.

What can you expect buying and holding a share of Rural Funds Group?

First you should know what it really means to hold a share of Rural Funds Group. And how you can make/lose money.

Speculation

The Price per Share of Rural Funds Group is A$2.09. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Rural Funds Group.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Rural Funds Group, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$2.56. Based on the TTM, the Book Value Change Per Share is A$0.20 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.69 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.12 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Rural Funds Group.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.167.6%0.167.6%0.3516.7%0.178.0%0.104.8%
Usd Book Value Change Per Share0.136.1%0.136.1%0.4521.7%0.219.9%0.178.0%
Usd Dividend Per Share0.083.6%0.083.6%0.073.5%0.073.1%0.052.2%
Usd Total Gains Per Share0.209.8%0.209.8%0.5325.2%0.2713.1%0.2110.2%
Usd Price Per Share1.15-1.15-1.64-1.46-1.23-
Price to Earnings Ratio7.24-7.24-4.70-13.02--110.41-
Price-to-Total Gains Ratio5.65-5.65-3.12-6.55-8.37-
Price to Book Ratio0.69-0.69-1.06-1.28-1.90-
Price-to-Total Gains Ratio5.65-5.65-3.12-6.55-8.37-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.36686
Number of shares731
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.080.07
Usd Book Value Change Per Share0.130.21
Usd Total Gains Per Share0.200.27
Gains per Quarter (731 shares)149.25199.45
Gains per Year (731 shares)597.02797.80
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1221376587191606788
2443751118438312131586
36641127178157418192384
48851503237876624253182
511061879297595730323980
6132822543572114936384778
7154926304169134042445576
8177030064766153248516374
9199233825363172354577172
10221337575960191560637970

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
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Fundamentals of Rural Funds Group

About Rural Funds Group

Rural Funds Group is an agricultural Real Estate Investment Trust (REIT) listed on the ASX under the code RFF. RFF owns a diversified portfolio of Australian agricultural assets which are leased predominantly to corporate agricultural operators. RFF targets distribution growth of 4% per annum by owning and improving farms that are leased to good counterparties. RFF is a stapled security, incorporating Rural Funds Trust (ARSN 112 951 578) and RF Active (ARSN 168 740 805).

Fundamental data was last updated by Penke on 2024-02-19 21:44:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Rural Funds Group.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Rural Funds Group earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Rural Funds Group to the REIT - Specialty industry mean.
  • A Net Profit Margin of 99.9% means that $1.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Rural Funds Group:

  • The MRQ is 99.9%. The company is making a huge profit. +2
  • The TTM is 99.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ99.9%TTM99.9%0.0%
TTM99.9%YOY255.6%-155.7%
TTM99.9%5Y131.3%-31.4%
5Y131.3%10Y113.2%+18.1%
1.1.2. Return on Assets

Shows how efficient Rural Funds Group is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Rural Funds Group to the REIT - Specialty industry mean.
  • 5.7% Return on Assets means that Rural Funds Group generated $0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Rural Funds Group:

  • The MRQ is 5.7%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.7%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.7%TTM5.7%0.0%
TTM5.7%YOY14.9%-9.2%
TTM5.7%5Y8.2%-2.6%
5Y8.2%10Y7.6%+0.6%
1.1.3. Return on Equity

Shows how efficient Rural Funds Group is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Rural Funds Group to the REIT - Specialty industry mean.
  • 9.5% Return on Equity means Rural Funds Group generated $0.09 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Rural Funds Group:

  • The MRQ is 9.5%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.5%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.5%TTM9.5%0.0%
TTM9.5%YOY22.8%-13.3%
TTM9.5%5Y13.2%-3.7%
5Y13.2%10Y12.6%+0.6%
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1.2. Operating Efficiency of Rural Funds Group.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Rural Funds Group is operating .

  • Measures how much profit Rural Funds Group makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Rural Funds Group to the REIT - Specialty industry mean.
  • An Operating Margin of 121.6% means the company generated $1.22  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Rural Funds Group:

  • The MRQ is 121.6%. The company is operating very efficient. +2
  • The TTM is 121.6%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ121.6%TTM121.6%0.0%
TTM121.6%YOY273.3%-151.7%
TTM121.6%5Y149.9%-28.2%
5Y149.9%10Y123.8%+26.1%
1.2.2. Operating Ratio

Measures how efficient Rural Funds Group is keeping operating costs low.

  • Below 1 is considered healthy (always compare to REIT - Specialty industry mean).
  • An Operation Ratio of 0.58 means that the operating costs are $0.58 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Rural Funds Group:

  • The MRQ is 0.580. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.580. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.580TTM0.5800.000
TTM0.580YOY0.461+0.118
TTM0.5805Y0.402+0.177
5Y0.40210Y0.193+0.209
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1.3. Liquidity of Rural Funds Group.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Rural Funds Group is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to REIT - Specialty industry mean).
  • A Current Ratio of 0.65 means the company has $0.65 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Rural Funds Group:

  • The MRQ is 0.653. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.653. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.653TTM0.6530.000
TTM0.653YOY1.133-0.480
TTM0.6535Y1.427-0.774
5Y1.42710Y1.165+0.262
1.3.2. Quick Ratio

Measures if Rural Funds Group is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Rural Funds Group to the REIT - Specialty industry mean.
  • A Quick Ratio of 0.31 means the company can pay off $0.31 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Rural Funds Group:

  • The MRQ is 0.308. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.308. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.308TTM0.3080.000
TTM0.308YOY0.561-0.253
TTM0.3085Y0.617-0.309
5Y0.61710Y0.654-0.036
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1.4. Solvency of Rural Funds Group.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Rural Funds Group assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Rural Funds Group to REIT - Specialty industry mean.
  • A Debt to Asset Ratio of 0.41 means that Rural Funds Group assets are financed with 40.6% credit (debt) and the remaining percentage (100% - 40.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Rural Funds Group:

  • The MRQ is 0.406. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.406. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.406TTM0.4060.000
TTM0.406YOY0.347+0.059
TTM0.4065Y0.383+0.023
5Y0.38310Y0.397-0.014
1.4.2. Debt to Equity Ratio

Measures if Rural Funds Group is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Rural Funds Group to the REIT - Specialty industry mean.
  • A Debt to Equity ratio of 68.0% means that company has $0.68 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Rural Funds Group:

  • The MRQ is 0.680. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.680. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.680TTM0.6800.000
TTM0.680YOY0.531+0.149
TTM0.6805Y0.622+0.058
5Y0.62210Y0.665-0.043
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2. Market Valuation of Rural Funds Group

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Rural Funds Group generates.

  • Above 15 is considered overpriced but always compare Rural Funds Group to the REIT - Specialty industry mean.
  • A PE ratio of 7.24 means the investor is paying $7.24 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Rural Funds Group:

  • The EOD is 8.572. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.239. Based on the earnings, the company is cheap. +2
  • The TTM is 7.239. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.572MRQ7.239+1.333
MRQ7.239TTM7.2390.000
TTM7.239YOY4.704+2.535
TTM7.2395Y13.020-5.782
5Y13.02010Y-110.413+123.433
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Rural Funds Group:

  • The EOD is -12.876. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -10.874. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -10.874. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-12.876MRQ-10.874-2.002
MRQ-10.874TTM-10.8740.000
TTM-10.874YOY-8.281-2.592
TTM-10.8745Y-20.477+9.604
5Y-20.47710Y28.583-49.060
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Rural Funds Group is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to REIT - Specialty industry mean).
  • A PB ratio of 0.69 means the investor is paying $0.69 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Rural Funds Group:

  • The EOD is 0.816. Based on the equity, the company is cheap. +2
  • The MRQ is 0.689. Based on the equity, the company is cheap. +2
  • The TTM is 0.689. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.816MRQ0.689+0.127
MRQ0.689TTM0.6890.000
TTM0.689YOY1.061-0.372
TTM0.6895Y1.276-0.587
5Y1.27610Y1.899-0.623
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Rural Funds Group.

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4. Summary

4.1. Key Performance Indicators

The key performance indicators of Rural Funds Group compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1960.1960%0.693-72%0.317-38%0.256-23%
Book Value Per Share--2.5632.5630%2.366+8%1.880+36%1.258+104%
Current Ratio--0.6530.6530%1.133-42%1.427-54%1.165-44%
Debt To Asset Ratio--0.4060.4060%0.347+17%0.383+6%0.397+2%
Debt To Equity Ratio--0.6800.6800%0.531+28%0.622+9%0.665+2%
Dividend Per Share--0.1160.1160%0.111+4%0.100+16%0.069+68%
Eps--0.2440.2440%0.534-54%0.256-5%0.154+58%
Free Cash Flow Per Share---0.162-0.1620%-0.303+87%-0.097-40%-0.065-60%
Free Cash Flow To Equity Per Share--0.2080.2080%0.138+51%0.132+58%0.124+67%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---2.360--------
Intrinsic Value_10Y_min---4.340--------
Intrinsic Value_1Y_max---0.127--------
Intrinsic Value_1Y_min---0.237--------
Intrinsic Value_3Y_max---0.465--------
Intrinsic Value_3Y_min---0.888--------
Intrinsic Value_5Y_max---0.904--------
Intrinsic Value_5Y_min---1.727--------
Market Cap810008760.000+16%684050460.000684050460.0000%972785640.000-30%865631945.280-21%727973088.120-6%
Net Profit Margin--0.9990.9990%2.556-61%1.313-24%1.132-12%
Operating Margin--1.2161.2160%2.733-55%1.499-19%1.238-2%
Operating Ratio--0.5800.5800%0.461+26%0.402+44%0.193+200%
Pb Ratio0.816+16%0.6890.6890%1.061-35%1.276-46%1.899-64%
Pe Ratio8.572+16%7.2397.2390%4.704+54%13.020-44%-110.413+1625%
Price Per Share2.090+16%1.7651.7650%2.510-30%2.234-21%1.878-6%
Price To Free Cash Flow Ratio-12.876-18%-10.874-10.8740%-8.281-24%-20.477+88%28.583-138%
Price To Total Gains Ratio6.694+16%5.6535.6530%3.123+81%6.553-14%8.365-32%
Quick Ratio--0.3080.3080%0.561-45%0.617-50%0.654-53%
Return On Assets--0.0570.0570%0.149-62%0.082-31%0.076-26%
Return On Equity--0.0950.0950%0.228-58%0.132-28%0.126-25%
Total Gains Per Share--0.3120.3120%0.804-61%0.417-25%0.325-4%
Usd Book Value--649525986.000649525986.0000%599725194.000+8%476445801.600+36%318906096.000+104%
Usd Book Value Change Per Share--0.1280.1280%0.453-72%0.207-38%0.168-23%
Usd Book Value Per Share--1.6761.6760%1.547+8%1.229+36%0.823+104%
Usd Dividend Per Share--0.0760.0760%0.073+4%0.065+16%0.045+68%
Usd Eps--0.1590.1590%0.349-54%0.167-5%0.101+58%
Usd Free Cash Flow---41142486.000-41142486.0000%-76822110.000+87%-24490730.400-40%-16381849.800-60%
Usd Free Cash Flow Per Share---0.106-0.1060%-0.198+87%-0.063-40%-0.042-60%
Usd Free Cash Flow To Equity Per Share--0.1360.1360%0.090+51%0.086+58%0.081+67%
Usd Market Cap529745729.040+16%447369000.840447369000.8400%636201808.560-30%566123292.213-21%476094399.630-6%
Usd Price Per Share1.367+16%1.1541.1540%1.642-30%1.461-21%1.228-6%
Usd Profit--61801692.00061801692.0000%136774944.000-55%66133918.800-7%42512354.400+45%
Usd Revenue--61878210.00061878210.0000%53507664.000+16%49307152.800+25%34997109.600+77%
Usd Total Gains Per Share--0.2040.2040%0.526-61%0.273-25%0.213-4%
 EOD+5 -3MRQTTM+0 -0YOY+15 -205Y+11 -2410Y+14 -21

4.2. Fundamental Score

Let's check the fundamental score of Rural Funds Group based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.572
Price to Book Ratio (EOD)Between0-10.816
Net Profit Margin (MRQ)Greater than00.999
Operating Margin (MRQ)Greater than01.216
Quick Ratio (MRQ)Greater than10.308
Current Ratio (MRQ)Greater than10.653
Debt to Asset Ratio (MRQ)Less than10.406
Debt to Equity Ratio (MRQ)Less than10.680
Return on Equity (MRQ)Greater than0.150.095
Return on Assets (MRQ)Greater than0.050.057
Total7/10 (70.0%)

4.3. Technical Score

Let's check the technical score of Rural Funds Group based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.542
Ma 20Greater thanMa 502.089
Ma 50Greater thanMa 1002.068
Ma 100Greater thanMa 2001.951
OpenGreater thanClose2.140
Total5/5 (100.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Tax Provision  4,824-3,2711,553-8956586691,327-1,654-327
Income Tax Expense  4,824-3,2711,553-8956586691,327-1,654-327



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets1,671,009
Total Liabilities677,850
Total Stockholder Equity997,377
 As reported
Total Liabilities 677,850
Total Stockholder Equity+ 997,377
Total Assets = 1,671,009

Assets

Total Assets1,671,009
Total Current Assets34,573
Long-term Assets1,636,436
Total Current Assets
Cash And Cash Equivalents 5,753
Net Receivables 10,553
Inventory 16,148
Other Current Assets 2,119
Total Current Assets  (as reported)34,573
Total Current Assets  (calculated)34,573
+/-0
Long-term Assets
Property Plant Equipment 388,945
Long Term Investments 102,488
Intangible Assets 166,988
Long-term Assets Other 977,097
Long-term Assets  (as reported)1,636,436
Long-term Assets  (calculated)1,635,518
+/- 918

Liabilities & Shareholders' Equity

Total Current Liabilities52,945
Long-term Liabilities624,905
Total Stockholder Equity997,377
Total Current Liabilities
Short-term Debt 33,150
Short Long Term Debt 33,150
Accounts payable 3,935
Other Current Liabilities 14,885
Total Current Liabilities  (as reported)52,945
Total Current Liabilities  (calculated)85,120
+/- 32,175
Long-term Liabilities
Long term Debt Total 607,463
Other Liabilities 17,442
Long-term Liabilities  (as reported)624,905
Long-term Liabilities  (calculated)624,905
+/-0
Total Stockholder Equity
Common Stock459,078
Retained Earnings 468,034
Other Stockholders Equity 70,265
Total Stockholder Equity (as reported)997,377
Total Stockholder Equity (calculated)997,377
+/-0
Other
Capital Stock459,078
Cash and Short Term Investments 5,753
Common Stock Shares Outstanding 383,761
Current Deferred Revenue975
Liabilities and Stockholders Equity 1,671,009
Net Debt 634,860
Net Invested Capital 1,637,990
Net Tangible Assets 830,389
Net Working Capital -18,372
Property Plant and Equipment Gross 401,211
Short Long Term Debt Total 640,613



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-30
> Total Assets 
78,176
89,167
94,550
241,966
241,233
252,663
379,039
543,003
673,808
869,087
914,920
1,041,904
1,403,829
1,671,009
1,671,0091,403,8291,041,904914,920869,087673,808543,003379,039252,663241,233241,96694,55089,16778,176
   > Total Current Assets 
0
0
0
6,467
10,933
3,748
12,774
10,246
9,509
9,330
76,577
26,673
23,659
34,573
34,57323,65926,67376,5779,3309,50910,24612,7743,74810,9336,467000
       Cash And Cash Equivalents 
2,495
2,537
5,041
1,305
2,723
712
3,034
3,838
1,210
2,588
5,085
11,647
4,961
5,753
5,7534,96111,6475,0852,5881,2103,8383,0347122,7231,3055,0412,5372,495
       Short-term Investments 
0
0
0
0
676
0
0
0
0
20
587
4,137
0
0
004,1375872000006760000
       Net Receivables 
0
0
0
0
3,347
2,729
7,239
4,608
5,381
5,043
5,446
4,945
6,742
10,553
10,5536,7424,9455,4465,0435,3814,6087,2392,7293,3470000
       Other Current Assets 
0
0
0
5,162
4,187
307
2,501
1,800
2,918
1,679
65,459
2,895
3,675
2,119
2,1193,6752,89565,4591,6792,9181,8002,5013074,1875,162000
   > Long-term Assets 
0
0
0
235,499
230,300
248,915
366,265
532,757
664,299
859,757
838,343
1,015,231
1,380,170
1,636,436
1,636,4361,380,1701,015,231838,343859,757664,299532,757366,265248,915230,300235,499000
       Property Plant Equipment 
0
0
0
227,766
0
3,153
4,178
126,320
162,719
181,452
156,729
169,498
275,445
388,945
388,945275,445169,498156,729181,452162,719126,3204,1783,1530227,766000
       Long Term Investments 
0
0
0
0
609
4,520
19,119
23,916
37,136
70,447
100,225
107,177
97,729
102,488
102,48897,729107,177100,22570,44737,13623,91619,1194,5206090000
       Intangible Assets 
38,126
38,591
35,193
24,418
23,590
28,965
59,691
108,738
106,926
118,531
106,551
110,418
157,679
166,988
166,988157,679110,418106,551118,531106,926108,73859,69128,96523,59024,41835,19338,59138,126
       Long-term Assets Other 
0
0
0
2,707
203,614
209,960
282,157
273,783
357,518
489,327
-810,206
28,284
28,638
977,097
977,09728,63828,284-810,206489,327357,518273,783282,157209,960203,6142,707000
> Total Liabilities 
39,668
45,098
49,977
120,526
103,762
100,723
171,175
185,325
295,073
343,215
356,954
393,360
486,818
677,850
677,850486,818393,360356,954343,215295,073185,325171,175100,723103,762120,52649,97745,09839,668
   > Total Current Liabilities 
0
0
0
1,025
6,595
5,671
13,851
14,710
16,399
19,425
21,975
19,277
20,878
52,945
52,94520,87819,27721,97519,42516,39914,71013,8515,6716,5951,025000
       Short-term Debt 
0
0
0
0
676
657
3,030
3,204
3,361
3,832
3,814
2,456
2,723
33,150
33,1502,7232,4563,8143,8323,3613,2043,0306576760000
       Short Long Term Debt 
0
0
0
0
95,614
94,156
3,030
3,204
3,361
3,832
3,814
2,456
2,723
33,150
33,1502,7232,4563,8143,8323,3613,2043,03094,15695,6140000
       Accounts payable 
858
245
385
209
655
226
659
1,087
598
4,136
725
1,597
2,142
3,935
3,9352,1421,5977254,1365981,087659226655209385245858
       Other Current Liabilities 
0
0
0
0
5,940
4,788
10,162
10,419
12,440
11,457
17,436
15,224
15,356
14,885
14,88515,35615,22417,43611,45712,44010,41910,1624,7885,9400000
   > Long-term Liabilities 
0
0
0
119,501
97,167
95,052
157,324
170,615
278,674
323,790
334,979
374,083
465,940
624,905
624,905465,940374,083334,979323,790278,674170,615157,32495,05297,167119,501000
       Long term Debt Total 
0
0
0
0
0
91,451
146,500
164,500
269,800
291,445
297,248
344,143
455,100
607,463
607,463455,100344,143297,248291,445269,800164,500146,50091,45100000
       Long-term Liabilities Other 
0
0
0
0
0
0
1,634
1,634
1,634
2,629
3,877
4,421
3,206
3,206
3,2063,2064,4213,8772,6291,6341,6341,634000000
> Total Stockholder Equity
38,508
44,069
44,573
121,440
137,471
151,940
207,864
357,678
378,735
525,872
557,966
648,544
917,011
997,377
997,377917,011648,544557,966525,872378,735357,678207,864151,940137,471121,44044,57344,06938,508
   Common Stock
32,155
33,803
38,005
121,440
108,281
113,034
135,793
255,946
233,665
362,854
360,574
385,140
471,797
459,078
459,078471,797385,140360,574362,854233,665255,946135,793113,034108,281121,44038,00533,80332,155
   Retained Earnings Total Equity00000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
1,398
1,406
1,392
27,575
35,555
46,462
59,412
48,347
49,417
70,265
70,26549,41748,34759,41246,46235,55527,5751,3921,4061,3980000
   Capital Surplus 00000000000000
   Treasury Stock00000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
36,663
27,575
46,739
46,462
59,412
48,347
49,417
70,265
70,26549,41748,34759,41246,46246,73927,57536,663000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue94,615
Cost of Revenue-21,784
Gross Profit72,83172,831
 
Operating Income (+$)
Gross Profit72,831
Operating Expense-33,051
Operating Income42,46839,780
 
Operating Expense (+$)
Research Development0
Selling General Administrative8,558
Selling And Marketing Expenses0
Operating Expense33,0518,558
 
Net Interest Income (+$)
Interest Income389
Interest Expense-17,281
Other Finance Cost-0
Net Interest Income-16,892
 
Pretax Income (+$)
Operating Income42,468
Net Interest Income-16,892
Other Non-Operating Income Expenses0
Income Before Tax (EBT)94,171-28,815
EBIT - interestExpense = 97,815
94,171
111,779
Interest Expense17,281
Earnings Before Interest and Taxes (EBIT)115,096111,452
Earnings Before Interest and Taxes (EBITDA)127,517
 
After tax Income (+$)
Income Before Tax94,171
Tax Provision--327
Net Income From Continuing Ops94,49894,498
Net Income94,498
Net Income Applicable To Common Shares94,498
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses4,025
Total Other Income/Expenses Net71,28316,892
 

Technical Analysis of Rural Funds Group
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Rural Funds Group. The general trend of Rural Funds Group is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Rural Funds Group's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Rural Funds Group.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 2.1766048034935 < 2.22 < 2.2661925.

The bearish price targets are: 2.05 > 2.0008 > 2.

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Rural Funds Group Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Rural Funds Group. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Rural Funds Group Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Rural Funds Group. The current macd is 0.0180042.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Rural Funds Group price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Rural Funds Group. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Rural Funds Group price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Rural Funds Group Daily Moving Average Convergence/Divergence (MACD) ChartRural Funds Group Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Rural Funds Group. The current adx is 18.06.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Rural Funds Group shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Rural Funds Group Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Rural Funds Group. The current sar is 2.07880072.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Rural Funds Group Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Rural Funds Group. The current rsi is 50.54. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Rural Funds Group Daily Relative Strength Index (RSI) ChartRural Funds Group Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Rural Funds Group. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Rural Funds Group price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Rural Funds Group Daily Stochastic Oscillator ChartRural Funds Group Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Rural Funds Group. The current cci is 21.96.

Rural Funds Group Daily Commodity Channel Index (CCI) ChartRural Funds Group Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Rural Funds Group. The current cmo is -4.31977154.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Rural Funds Group Daily Chande Momentum Oscillator (CMO) ChartRural Funds Group Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Rural Funds Group. The current willr is -65.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Rural Funds Group is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.