“However, not wanting to exit the co-op at the current price, they have opted to convert their shares to units. Return vs Market: FCG exceeded the NZ Market which returned 12.7% over the past year. ‘‘I think 666 for some people means something but I hope it doesn’t for our shares. Fonterra has lifted the mid-point of a narrowed milk price forecast to $7.00 per kg of milk solids from the previous mid-point of $6.80, driven by demand out of China. GDT Price Index over 10 years. This compares with a2's current market value of approximately $9 billion. Experienced Management: FCG's management team is considered experienced (3.2 years average tenure). Explore growth companies in the Food, Beverage & Tobacco industry. Advertisement Advertise with NZME. 31,494.32. Is Fonterra Co-operative Group undervalued compared to its fair value and its price relative to the market? Sherwin says these farmers are in varying stages of the mandatory three-year sell down period of their Fonterra shares. PB vs Industry: FCG's PB Ratio (1.2x) is in line with the NZ Food industry average. New Zealand Herald. This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data. Text too small? FSF Share Price NZX - Get the latest Fonterra Shareholders' Fund (FSF) NZ share price NZX and detailed information including FSF Share Chart, FSF Share Detailed Quote and Financials / Fundamental Data. But as Fonterra Co-operative Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions. By midday the shares had lost 13c or nearly 5% value and hovering around $3.63/share. Miles Hurrell serves as Chief Executive Officer of Fonterra Co-Operative Group Ltd since March 2019. FCG's dividend (1%) is low compared to the top 25% of dividend payers in the NZ market (4.59%). Fonterra has lifted its 2020/21 forecast farmgate milk price range to $7.30-$7.90 per kg, up from $6.90-$7.50 per kg. S&P 500. Share Market Tools for Successful Investing. Units are listed on the NZX Main Board and on the ASX, and are able to be freely bought and sold in the same way as any other listed security. Fonterra's NZX-traded units last traded at $4.08, up six cents from Wednesday's close, and up from their record low $3.15, set in August this year. He served as Interim Chief Executive Officer at Fonterra Co-Operative Group Ltd. from August 15, 201. Debt Level: FCG's debt to equity ratio (81.6%) is considered high. NASDAQ. Stable Share Price: FCG is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 2% a week. “We’ve seen Global Dairy Trade (GDT) prices continuing to increase since February when we last updated on our forecast Farmgate Milk Price and then this week there was the 15% increase in GDT prices. Explore more healthy companies in the Food, Beverage & Tobacco industry. The Asia Pacific segment represents the ingredients, foodservice and FMCG businesses in New Zealand, South East Asia and Australia, Sri Lanka and Indian sub-continent, and Fonterra Farm Source stores. FCG is trading below fair value by more than 20%. Dividend Coverage: FCG is not paying a notable dividend for the NZ market. The Index of New Zealand Stock Exchange i.e. Mr. Targeted policy changes and technology improvements will also be introduced. Examine whether Fonterra Co-operative Group is trading at. Growing Profit Margin: FCG became profitable in the past. Global Share Market database including US, Canada, London, Singapore, Australia, Hong Kong, and New Zealand. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Volatility Over Time: FCG's weekly volatility (2%) has been stable over the past year. Yahoo fa parte del gruppo Verizon Media. Read: Fonterra is signalling a full-year loss of up to $675 million for 2018-19. Share Market Tools for Successful Investing. Mr. Here is a list of the NZX50 companies as at Friday, March 5, 2021, ranked by capitalisation. Fonterra Shareholders' Fund (NZX: FSF) Lifts 2020/21 Forecast Farmgate Milk Price Range. Noi e i nostri partner memorizzeremo e/o accederemo ai dati sul tuo dispositivo attraverso l'uso di cookie e tecnologie simili, per mostrare annunci e contenuti personalizzati, per la misurazione di annunci e contenuti, per l'analisi dei segmenti di pubblico e per lo sviluppo dei prodotti. Email* Terms and Conditions; Fonterra’s share price has dropped following a bleak market update on its 2018-19 financial results. The midpoint of the range, off which farmers are paid, increased to $7.60 per kg. Restaurant Brands New Zealand (RBD – NZ) Share Price. Share Price & News. Fonterra Co-operative Group Limited, together with its subsidiaries, collects, manufactures, and sells milk and milk-derived products. FCG exceeded the NZ Market which returned 12.7% over the past year. .jgLguW{-webkit-box-flex:1;-webkit-flex-grow:1;-ms-flex-positive:1;flex-grow:1;-webkit-flex-basis:0;-ms-flex-preferred-size:0;flex-basis:0;position:relative;width:100%;min-height:0px;max-width:100%;-webkit-flex:0 0 100%;-ms-flex:0 0 100%;flex:0 0 100%;max-width:100%;margin-top:32px;} @media (max-width:575px){} @media (min-width:576px){.jgLguW{-webkit-flex:0 0 33.33333333333333%;-ms-flex:0 0 33.33333333333333%;flex:0 0 33.33333333333333%;max-width:33.33333333333333%;}} @media (max-width:767px){} @media (min-width:768px){} @media (max-width:1023px){} @media (min-width:1024px){} @media (max-width:1199px){} @media (min-width:1200px){}FCG's interest payments on its debt are not well covered by EBIT (2.9x coverage). Fonterra Co-operative Group Ltd. engages in producing and supplying dairy ingredients. Please read our Financial Services Guide before deciding whether to obtain financial services from us. PE vs Market: FCG is good value based on its PE Ratio (9.8x) compared to the NZ market (22.9x). No need to calculate the sustainability of FCG's dividend in 3 years as they are not forecast to pay a notable one for the NZ market. The share price hit a 12-month low of $3.15 in late August, but it rebounded to about $4.16 last week. .ioEfAs{height:315px;} @media (max-width:767px){} @media (max-width:1023px){.ioEfAs{height:624px;}}@media (max-width:767px){} @media (max-width:1023px){}.iRkqCe{height:302px;} @media (max-width:767px){} @media (max-width:1023px){}.kwUVfl{height:525px;} @media (max-width:767px){.kwUVfl{height:459px;}} @media (max-width:1023px){}.IYMbc{height:258px;} @media (max-width:767px){} @media (max-width:1023px){}.NoWyI{height:544px;} @media (max-width:767px){.NoWyI{height:476px;}} @media (max-width:1023px){.NoWyI{height:536px;}} FCG's debt to equity ratio has reduced from 111.5% to 81.6% over the past 5 years. Earnings vs Industry: FCG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (-2.5%). Read: Fonterra is signalling a full-year loss of up to $675 million for 2018-19. Growing Dividend: FCG is not paying a notable dividend for the NZ market, therefore no need to check if payments are increasing. Fonterra Co-operative Group Limited's (NZSE:FCG) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects? Driving secondary market development, further improving liquidity levels and enhancing price transparency were some of the most important initiatives outlined in the exchange's refreshed strategy 3,811.15. Investors generally look for companies with positive value … /* sc-component-id: sc-bxivhb */ Fonterra CEO Miles Hurrell says the lift in the 2020/21 forecast Farmgate Milk Price range is a result of consistent strong demand for New Zealand dairy. Add to watchlist. Fonterra Co-operative Group Limited (FCG.NZ) NZSE - NZSE Delayed price. Fonterra Co-operative Group competitive advantages and company strategy can generally be found in its. FCG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (-2.5%). The midpoint of the range, which farmers are paid off, has increased to NZD $7.60 per kgMS. The GDT Price Index is calculated from the total quantity sold in a Trading Event across all products, contract periods and sellers. /* sc-component-id: sc-bxivhb */