Adecoagro SA logo

Adecoagro SA(AGRO)

upturn advisory logo
ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
2-STAR RATING
SELL
SELL for 1 day
PROFIT SINCE LAST BUY
-11.51% ▼
LAST CLOSE
$10.07
09/28/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close

Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for AGRO

09/28/2026: AGRO (2-star) is a SELL. SELL for 1 day. Simulated Profits (-11.51%). Updated daily EoD!

Adecoagro SA is a diversified South American agricultural and renewable energy company that focuses on farming, sugar, and ethanol production. Its primary strength lies in its vertical integration and geographic footprint, which help the company manage agricultural risks. The company’s growth narrative centers on meeting increasing global demand for food and sustainable biofuels, while its profitability remains sensitive to commodity prices and regional macroeconomic volatility. Investors should monitor weather patterns, currency fluctuations, and input costs as key performance drivers. The stock may best suit value-oriented investors willing to accept volatility in exchange for exposure to the agricultural production cycle.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth is largely driven by cyclical commodity markets rather than steady secular expansion.
Momentum investorStrong fit while signal remains positiveThe stock often tracks strongly with periods of rising global food and energy price trends.
Value investorStrong fitThe company often trades at valuations reflective of its asset-heavy nature and regional risk premiums.
Dividend investorMixed fitDividend payments are variable and subject to the cyclical nature of agricultural cash flows.
Low-risk investorWeak fitHigh exposure to weather, currency, and commodity volatility makes this a higher-risk investment.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighProfitability is directly tied to the volatile global pricing of sugar, ethanol, and various crops.
Valuation riskMediumThe stock can experience significant swings based on macro sentiment toward emerging markets.
Competition risk (commodity production)MediumGlobal scale players can exert pricing pressure on agricultural commodities.
Business qualityMediumWhile operationally efficient, the business is inherently subject to uncontrollable environmental factors.
Dividend incomeMediumDistributions are not fixed and depend on annual financial results.
Execution riskMedium / highManaging complex agricultural operations across different countries requires significant operational expertise.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit -7%
Avg. Invested days 38
Today’s Advisory SELL
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/28/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
AGRO receives a 2-star rating, reflecting soft or weak scores across the available pillars. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
AGRO has moderate overall fundamentals (3 stars), with moderate financial health, soft growth momentum, and moderate ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-109.0%), soft cash generation (FCF margin 1.4%), negative revenue growth (-6.0%).

Financial Health Rating

★★★★★
AGRO's financial health is supported by moderate cash strength, including free-cash-flow generation (1.4% of revenue). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
AGRO's growth profile is soft, with the least-weak measure being revenue growth at -6.0% FY2025 versus FY2024. By comparison, while earnings growth (-109.0%, negative) and free-cash-flow growth (-68.3%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 11.5% (soft) and 22.8% of outstanding shares are publicly tradable (soft). Insider ownership of 73.37% supports management-shareholder alignment.

Top 5 Institutional Investors

Two Sigma Investments LLC 1.30%
Discovery Capital Management LLC 0.96%
PGGM Investments 0.71%
Jane Street Group LLC 0.60%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.59%

Unit Economics (Per $1K Revenue)

★★★★★
AGRO generates approximately $246 of gross profit, $47 of operating income, and $14 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Weak margins explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 2.51%

Quantitative Style Profile

★★★★★
AGRO has a relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilitySmall / Mid Cap Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.51B USD
Price to earnings Ratio 27.45
1Y Target Price 13.4
Price to earnings Ratio 27.45
1Y Target Price 13.4
Volume (30-day avg) 857.1K shares
Beta -0.04
52 Weeks Range 6.83 - 15.75
Updated Date 09/27/2026
52 Weeks Range 6.83 - 15.75
Updated Date 09/27/2026
Dividends yield (FY) -
Basic EPS (TTM) 0.38

How Company Makes Money

Business areaWhat it includesRetail investor read
Sugar, Ethanol & EnergySugarcane production, sugar exports, ethanol fuel, and cogeneration of electricity.This is a key industrial segment that benefits from renewable energy demand and sugar pricing.
Farming (Crops)Production and sale of grains and oilseeds like soy, corn, and rice.Revenue fluctuates based on global food commodity prices and harvest conditions.
Geography (South America)Operations primarily in Argentina, Brazil, and Uruguay.Investors are exposed to regional currency fluctuations and local economic policies.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Advertisement

Valuation

Trailing PE 27.45
Forward PE 19.3
Enterprise Value 3.60B
Price to Sales(TTM) 0.91
Enterprise Value 3.60B
Price to Sales(TTM) 0.91
Enterprise Value to Revenue 2.19
Enterprise Value to EBITDA 6.03
Shares Outstanding 144.31M
Shares Floating 32.84M
Shares Outstanding 144.31M
Shares Floating 32.84M
Percent Insiders 73.37
Percent Institutions 11.55

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Adecoagro SA

Exchange NYSE
Headquarters -
IPO Launch date 2011-01-28
Co-Founder, CEO & Director Mr. Mariano Bosch
Sector Consumer Defensive
Industry Farm Products
Full time employees -
Full time employees -

Adecoagro S.A., engages in agricultural and agro-industrial activities in Argentina, Brazil, Chile, and Uruguay. The company operates through three segments: Sugar, Ethanol and Energy, Fertilizers and Farming. The company is involved in the production of a range of agricultural commodities, including soybean, corn, wheat, peanut, sunflower, cotton, and others; planting, harvesting, processing, and marketing of white, brown, and rough rice; genetic development of seeds; and production of dairy products, such as raw milk, ultra-high temperature milk, powdered milk, semi-hard cheese, cream, cream and cocoa flavored milk, chocolate and fluid milk, and other dairy products. It also generates electricity through burning biogas extracted from effluents produced by its dairy cattle; and provides grain warehousing and conditioning, and handling and drying services. In addition, the company cultivates andharvests sugarcane to produce ethanol, sugar, and bioelectricity; and sells carbon credits. Further, it engages in land transformation activities, such as the acquisition of farmlands or businesses with underdeveloped or underutilized agricultural land; and the implementation of production technology and agricultural practices. The company was founded in 2002 and is based in Luxembourg, Luxembourg. As of May 1, 2025, Adecoagro S.A. operates as a subsidiary of Tether Investments, S.A. De C.V.