Risk factor
Very poor trading liquidity
Profitability factor
Solid dividends
About
PGG Wrightson Limited stands as a premier New Zealand provider, delivering a diverse range of products and comprehensive services to the agricultural and horticultural sectors. The company's operations are divided into two main segments: Agency, and Retail & Water. It maintains an extensive network of rural supply stores, stocking an array of essential goods such as fencing materials, agricultural chemicals, animal health and nutrition products, seeds, fertilizers, clothing, home and garden items, and a variety of farm machinery and equipment, including sprayers, spreaders, and frost-fighting apparatus, alongside general safety and dairy shed supplies. Through its Agency division, PGG Wrightson expertly handles the sale and acquisition of livestock via auctions, private transactions, and specialized stud stock sales. This segment also provides crucial irrigation and water management solutions for farmers and growers, and actively engages in the marketing and global export of wool. Further offerings include insurance products, specialized horticultural inputs like fruit-fed supplies, farm maintenance services, and comprehensive soil and crop nutrient analysis with plant testing. The company also extends its expertise to real estate, managing sales for rural, lifestyle, residential, and commercial properties, and offers vital technical advice and support to its farming clientele. PGG Wrightson Limited, founded in 1841 and headquartered in Christchurch, New Zealand, holds a long-standing position in the industry.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITDA,