Farm Pride Foods Ltd (FRM) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Farm Pride Foods Ltd stock A$0.14, price A$0.27, that is 46.1% below the price, quality 41 out of 100. Rating: strongly overvalued. Calculated from audited financials with 23 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range A$0.0700 – A$0.3650 · fair‑value band A$0.0863 – A$0.2083 · the A$0.2650 price screens above the A$0.1428 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 9, 2026.
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Farm Pride Foods Limited produces, processes, manufactures, and sells eggs and egg products in Australia. It also provides egg products, such as whole eggs, egg white, egg yolk, scrambled eggs, peeled boiled eggs, and fried eggs, as well as carton packaging products for eggs.
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The company serves supermarkets; and commercial markets, including the airline, hotel, and restaurant industries. It also exports its products to Asia. Farm Pride Foods Limited was founded in 1937 and is headquartered in Keysborough, Australia.
Stock analysis
Farm Pride Foods Ltd (FRM) currently trades at A$0.2650, while our model-based Fair Value estimate is A$0.1428, 46% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of A$0.7400 per share, and 15 of the 23 models we run sit above the A$0.2650 price.
Bear case: the Asset-Based group reads lowest at A$0.1500, and 8 of the 23 models stay below the price. Data coverage for this calculation is low.
Scenario range: A$0.0863 (bear) to A$0.2083 (bull), the price of A$0.2650 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 41/100 (below-average quality), in the Consumer Defensive sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Farm Pride Foods Ltd reported revenue of A$118M in FY2026 versus A$74.0M in FY2022, a compound +12.3%/yr. Reported net income was A$10.2M in FY2026.
Key figures
Market cap A$63.8M (≈ $44.0M) Micro · P/E ratio 6.6 · P/S ratio 0.54 · EPS (TTM) A$0.0400 · Net margin 8.7% · Return on equity 21.2% · Return on assets (EBIT) 2.8% (5-year average) · Operating margin 4.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 54 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 33% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at 10% fair-value upside, at −46%, FRM screens richer than that median.
Fair Value models
BearA$0.0863Fair Value A$0.1428BullA$0.2083
Price A$0.2650 · Downside -46.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 4 months old). Earnings retained since then (A$0.0145 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCFA$0.1400A$0.1800A$0.240082
Growth DCFA$0.1400A$0.1800A$0.240080
Owner EarningsA$0.1800A$0.2400A$0.320077
All 23 models by family
DCF Models
FCF DCFA$0.1400A$0.1800A$0.240082
Owner EarningsA$0.1800A$0.2400A$0.320077
5Y Revenue ExitA$0.2800A$0.4600A$0.690072
5Y EBITDA ExitA$0.7300A$1.25A$1.8474
5Y P/E ExitA$0.4100A$0.6800A$0.950070
10Y Revenue ExitA$0.2100A$0.3500A$0.520066
10Y EBITDA ExitA$0.4800A$0.8400A$1.2967
10Y P/E ExitA$0.2900A$0.4800A$0.700063
Earnings-Based
Graham-DoddA$0.3000A$0.6600A$0.840066
PEG = 1.0A$0.1000A$0.1500A$0.190057
EPVA$0.2000A$0.2300A$0.260074
Multiples
P/E MultipleA$0.7000A$0.9300A$1.1663
P/S MultipleA$0.5600A$0.7500A$0.940058
P/B MultipleA$0.1600A$0.2100A$0.260055
EV/EBITA$0.4900A$0.6900A$0.890065
EV/EBITDAA$1.24A$1.68A$2.1367
EV/RevenueA$0.3200A$0.5100A$0.690053
Asset-Based
NCAV (Graham)A$0.1200A$0.1500A$0.230054
Growth DCF
Growth DCFA$0.1400A$0.1800A$0.240080
Rev-Margin DCFA$0.2800A$0.4600A$0.650072
Economic Profit
Residual IncomeA$0.2500A$0.3000A$0.410070
ROIC CompounderA$0.2000A$0.2300A$0.270072
Growth Earnings
Growth-Adj P/EA$0.5200A$0.7400A$0.960067
The fair value above starts from this blend and is adjusted for a cyclical peak year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.72/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+18.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.9%
Start year 2021 (pandemic). Over 10 years: +2.3% a year
Revenue growth 26 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.1%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−12.2% (2021) → 9.2% (2026)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+13.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Australia: IMF forecast 3.0% a year to 2030, 2.9% from 2016 to 2025) that is about +10.5% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Farm Products · 291 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score41 · Below median
Fair Value upside−46.1% · Bottom 25%
Profitability
Return on equity (12 months)21.2% · Top 25%
Return on assets10.1% · Top 25%
Net margin (12 months)8.7% · Above median
Operating margin (12 months)4.7% · Below median
Growth and dividend
Revenue growth (quarter YoY)−3.1% · Below median
Balance sheet
Debt / equity0.19× · Above median
Valuation Multiplesvs Farm Products median · lower = cheaper
P/E (12 months)6.6× · Cheapest 25%
P/B1.20× · Cheaper than median
P/S (12 months)0.54× · Cheaper than median
Price / free cash flow (fiscal year)20.2× · Pricier than median
EV/EBITDA4.4× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 27
FUTURE (revenue growth)0· sector 15
PAST (return on equity)85· sector 17
HEALTH (low debt)90· sector 94
DIVIDEND (yield)0· sector 41
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Farm Pride Foods Ltd Fair Value". https://www.fairvalue-calculator.com/stock/FRM
Frequently asked questions
Is Farm Pride Foods Ltd (FRM) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of A$0.1428 versus a price of A$0.2650, about 46% lower (overvalued).
What is the fair value of FRM?
Our model-based fair value for Farm Pride Foods Ltd is A$0.1428 (as of Nov 9, 2026), built from audited fundamentals. The current price: A$0.2650.
What is the quality score of FRM?
Farm Pride Foods Ltd has a Quality Score of 41/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Farm Pride Foods Ltd (FRM)?
Our model-based price target is the fair value of A$0.1428 (as of Nov 9, 2026) from 23 valuation models. Cautious scenario A$0.0863, optimistic scenario A$0.2083. It is a calculation from audited fundamentals, not an analyst target.
What is the Farm Pride Foods Ltd stock forecast for 2026?
Our models put fair value at A$0.1428, about 46% lower versus a price of A$0.2650 (overvalued). Cautious scenario A$0.0863, optimistic scenario A$0.2083. The calculation is refreshed regularly with new filings.
What is the revenue of Farm Pride Foods Ltd (FRM)?
Farm Pride Foods Ltd reported trailing-twelve-month revenue of about A$118M (latest available figure, as of Nov 9, 2026).
What growth is priced into Farm Pride Foods Ltd (FRM)?
For today's price to be fair in a discounted-cash-flow model, Farm Pride Foods Ltd would have to grow free cash flow by +13.8 % per year for five years (discount rate 10.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.9 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of FRM use?
Our models discount Farm Pride Foods Ltd at 10.8 %: a base by market capitalisation (nano), damped by beta 1.56, country premium for Australia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Farm Pride Foods Ltd that is +13.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.8 %) and the same formula as our fair value.
How much growth has Farm Pride Foods Ltd (FRM) delivered so far?
Over the past 5 years revenue at Farm Pride Foods Ltd grew +9.9 % a year. The price currently implies free-cash-flow growth of +13.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Farm Pride Foods Ltd (FRM) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Farm Pride Foods Ltd (+13.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Farm Pride Foods Ltd (FRM)?
The free-cash-flow yield on the price is 4.95 %: that much free cash flow Farm Pride Foods Ltd produces per unit of market value. When it exceeds the discount rate of our models (10.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Farm Pride Foods Ltd (FRM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Farm Pride Foods Ltd it is A$0.1428 per share (as of Nov 9, 2026), against a price of A$0.2650. It is the blended result of 23 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Farm Pride Foods Ltd stock overvalued or undervalued in 2026?
As of Nov 9, 2026, FRM trades above its calculated fair value: price A$0.2650, fair value A$0.1428, a gap of about −46% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of FRM?
No. The price is what the market pays today (A$0.2650); the fair value is what the company's own numbers justify (A$0.1428). For Farm Pride Foods Ltd the two are A$0.1222 per share apart. That gap is exactly why we show both numbers side by side.
How much is Farm Pride Foods Ltd worth?
The market values Farm Pride Foods Ltd at about A$63.8M (market capitalisation, as of Nov 9, 2026). Per share that is A$0.2650; our models calculate a fair value of A$0.1428 per share.
What do the bullish and bearish scenarios say about FRM?
Our models span a range for Farm Pride Foods Ltd: cautious scenario A$0.0863, base A$0.1428, optimistic A$0.2083 per share (as of Nov 9, 2026, price A$0.2650). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of FRM?
Farm Pride Foods Ltd trades at a price-to-earnings ratio of 6.6 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$0.1428 is built from several models across several years. Other multiples: P/B 1.2, P/S 0.5, EV/EBITDA 4.4.
How solid is the balance sheet of Farm Pride Foods Ltd (FRM)?
Balance-sheet figures for Farm Pride Foods Ltd (as of Nov 9, 2026): return on equity 21.2%, debt of 0.19 per unit of equity. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is FRM from its 52-week high?
Farm Pride Foods Ltd trades at A$0.2650, about 12% below its 52-week high of A$0.3000 and 33% above the low of A$0.2000 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.1428 is for.
Which stocks are comparable to Farm Pride Foods Ltd?
From the same area (Consumer Defensive) we also value Muyuan Foods Group, Archer-Daniels-Midland Company, Tyson Foods, Inc, Bunge Global SA, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Farm Pride Foods Ltd stock attractive at the current price?
The data as of Nov 9, 2026: price A$0.2650, calculated fair value A$0.1428 (−46%), Quality Score 41/100, from 23 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of FRM calculated?
We run Farm Pride Foods Ltd through 23 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of A$0.1428 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Farm Pride Foods Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Farm Pride Foods Ltd (FRM)?
The closing price on Nov 9, 2026 was A$0.2650. Our model-based fair value is A$0.1428, about 46% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Farm Pride Foods Ltd right now?
The price sits above even our optimistic bull case (A$0.2083). The favourable scenario is already priced in. Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (A$0.0863 to A$0.2083) leaves room in how you read the outcome.
Key figures of Farm Pride Foods Ltd
How large is the market capitalisation of Farm Pride Foods Ltd (FRM)?
The market capitalisation of Farm Pride Foods Ltd is A$63.8M (≈ $44.0M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Farm Pride Foods Ltd (FRM)?
The price-to-sales ratio of Farm Pride Foods Ltd is 0.54 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Farm Pride Foods Ltd (FRM)?
Earnings per share at Farm Pride Foods Ltd are A$0.0400 (price ÷ EPS = P/E 6.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Farm Pride Foods Ltd (FRM)?
The net margin of Farm Pride Foods Ltd is 8.7% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Farm Pride Foods Ltd (FRM)?
The return on equity (ROE) of Farm Pride Foods Ltd is 21.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Farm Pride Foods Ltd (FRM)?
On an EBIT basis the return on assets of Farm Pride Foods Ltd is 2.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Farm Pride Foods Ltd (FRM)?
The operating margin of Farm Pride Foods Ltd is 4.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Farm Pride Foods Ltd (FRM)?
Revenue at Farm Pride Foods Ltd is growing −3.1% versus a year earlier (3y avg +12.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Farm Pride Foods Ltd (FRM)?
Earnings per share at Farm Pride Foods Ltd are growing −63.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Farm Pride Foods Ltd (FRM) carry?
The net debt of Farm Pride Foods Ltd is A$23.6M (fiscal year 2026, ≈ 7.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 9, 2026