Ledesma SAAI (LEDE) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Ledesma SAAI stock ARS 386, price ARS 606, that is 36.3% below the price, quality 45 out of 100. Rating: strongly overvalued. Calculated from audited financials with 3 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 8, 2026.
How to read this chart
60‑month range 52.48 ARS – 1,585 ARS · fair‑value band 233.98 ARS – 630.19 ARS · the 606.00 ARS price screens above the 386.05 ARS fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Ledesma Agrícola Industrial operates as an agro-industrial company in Argentina. The company offers sugar, alcohol and bioethanol, fruits and citric juices, and meat and grains, as well as paper, copybooks, school spares, and stationary from sugarcane fiber waste.
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It also produces energy from renewable sources. Ledesma Agrícola Industrial was incorporated in 1914 and is based in Buenos Aires, Argentina.
Stock analysis
Ledesma SAAI (LEDE) currently trades at 606.00 ARS, while our model-based Fair Value estimate is 386.05 ARS, 36% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 514.84 ARS per share, and 0 of the 3 models we run sit above the 606.00 ARS price.
Bear case: the Asset-Based group reads lowest at 189.27 ARS, and 3 of the 3 models stay below the price. Data coverage for this calculation is low.
Scenario range: 233.98 ARS (bear) to 630.19 ARS (bull), the price of 606.00 ARS sits inside 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 45/100 (below-average quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Ledesma SAAI reported revenue of 1.0T ARS in FY2026 versus 78.7B ARS in FY2022, a compound +90.5%/yr. Reported net income was −18.4B ARS in FY2026.
Key figures
Market cap 266B ARS (≈ $172M) Micro · P/S ratio 0.28 · EPS (TTM) −46.30 ARS · Dividend yield 7.9% · Net margin −1.9% · Return on equity −3.6% · Return on assets (EBIT) 7.7% (5-year average) · Operating margin −14.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 11 out of 100 (medium confidence).
What moves the price
The share trades about 48% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 8% fair-value upside, at −36%, LEDE screens richer than that median.
Fair Value models
Bear233.98 ARSFair Value 386.05 ARSBull630.19 ARS
Price 606.00 ARS · Downside -36.3%
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.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.
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.62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+24.5%
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.
+80.1%
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.
+87.1%
Start year 2021 (pandemic). Over 10 years: +63.6% a year
Revenue growth 10 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.
+63.6%
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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.
8.4% (2021) → −0.3% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Little optimism in the price
The price assumes less 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).
+26.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Argentina: IMF forecast 13.8% a year to 2030) that is about +11.3% 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.Conglomerates · 304 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score45 · Bottom 25%
Fair Value upside−36.3% · Bottom 25%
Profitability
Return on assets−2.0% · Bottom 25%
Net margin (12 months)−1.9% · Bottom 25%
Operating margin (12 months)−14.0% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−25.8% · Bottom 25%
Dividend yield (12 months)7.9% · Top 25%
Balance sheet
Debt / equity0.22× · Above median
Valuation Multiplesvs Conglomerates median · lower = cheaper
P/B0.48× · Cheapest 25%
P/S (12 months)0.28× · Cheapest 25%
Price / free cash flow (fiscal year)9.1× · Cheaper than median
EV/EBITDA35.5× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 52
FUTURE (revenue growth)0· sector 38
PAST (return on equity)0· sector 29
HEALTH (low debt)89· sector 89
DIVIDEND (yield)100· sector 46
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). "Ledesma SAAI Fair Value". https://www.fairvalue-calculator.com/stock/LEDE
Frequently asked questions
Is Ledesma SAAI (LEDE) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 386.05 ARS versus a price of 606.00 ARS, about 36% lower (overvalued).
What is the fair value of LEDE?
Our model-based fair value for Ledesma SAAI is 386.05 ARS (as of Nov 8, 2026), built from audited fundamentals. The current price: 606.00 ARS.
What is the quality score of LEDE?
Ledesma SAAI has a Quality Score of 45/100. 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 Ledesma SAAI (LEDE)?
Our model-based price target is the fair value of 386.05 ARS (as of Nov 8, 2026) from 3 valuation models. Cautious scenario 233.98 ARS, optimistic scenario 630.19 ARS. It is a calculation from audited fundamentals, not an analyst target.
What is the Ledesma SAAI stock forecast for 2026?
Our models put fair value at 386.05 ARS, about 36% lower versus a price of 606.00 ARS (overvalued). Cautious scenario 233.98 ARS, optimistic scenario 630.19 ARS. The calculation is refreshed regularly with new filings.
What is the revenue of Ledesma SAAI (LEDE)?
Ledesma SAAI reported trailing-twelve-month revenue of about 970B ARS (latest available figure, as of Nov 8, 2026).
Does Ledesma SAAI pay a dividend?
Ledesma SAAI currently shows a dividend yield of 7.93% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Ledesma SAAI (LEDE)?
Ledesma SAAI has a dividend yield of 7.9%.
What growth is priced into Ledesma SAAI (LEDE)?
For today's price to be fair in a discounted-cash-flow model, Ledesma SAAI would have to grow free cash flow by +26.7 % per year for five years (discount rate 22.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +87.1 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of LEDE use?
Our models discount Ledesma SAAI at 22.2 %: a base by market capitalisation (micro), country premium for Argentina. 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 Ledesma SAAI that is +26.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (22.2 %) and the same formula as our fair value.
How much growth has Ledesma SAAI (LEDE) delivered so far?
Over the past 5 years revenue at Ledesma SAAI grew +87.1 % a year. The price currently implies free-cash-flow growth of +26.7 % 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 Ledesma SAAI (LEDE) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Ledesma SAAI (+26.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Ledesma SAAI (LEDE)?
The free-cash-flow yield on the price is 11.05 %: that much free cash flow Ledesma SAAI produces per unit of market value. When it exceeds the discount rate of our models (22.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Ledesma SAAI (LEDE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ledesma SAAI it is 386.05 ARS per share (as of Nov 8, 2026), against a price of 606.00 ARS. It is the blended result of 3 valuation models in 3 families (DCF Models, Asset-Based, Growth DCF).
Is Ledesma SAAI stock overvalued or undervalued in 2026?
As of Nov 8, 2026, LEDE trades above its calculated fair value: price 606.00 ARS, fair value 386.05 ARS, a gap of about −36% (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 LEDE?
No. The price is what the market pays today (606.00 ARS); the fair value is what the company's own numbers justify (386.05 ARS). For Ledesma SAAI the two are 219.95 ARS per share apart. That gap is exactly why we show both numbers side by side.
How much is Ledesma SAAI worth?
The market values Ledesma SAAI at about 266B ARS (market capitalisation, as of Nov 8, 2026). Per share that is 606.00 ARS; our models calculate a fair value of 386.05 ARS per share.
What do the bullish and bearish scenarios say about LEDE?
Our models span a range for Ledesma SAAI: cautious scenario 233.98 ARS, base 386.05 ARS, optimistic 630.19 ARS per share (as of Nov 8, 2026, price 606.00 ARS). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Ledesma SAAI (LEDE)?
Balance-sheet figures for Ledesma SAAI (as of Nov 8, 2026): return on equity −3.6%, debt of 0.22 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is LEDE from its 52-week high?
Ledesma SAAI trades at 606.00 ARS, about 48% below its 52-week high of 1,175 ARS and 4% above the low of 583.00 ARS (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 386.05 ARS is for.
Which stocks are comparable to Ledesma SAAI?
From the same area (Industrials) we also value 3M Company, Honeywell International Inc, Swire Pacific Limited, SGH Limited, 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 Ledesma SAAI stock attractive at the current price?
The data as of Nov 8, 2026: price 606.00 ARS, calculated fair value 386.05 ARS (−36%), Quality Score 45/100, from 3 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 LEDE calculated?
We run Ledesma SAAI through 3 models from 3 families: DCF Models, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of 386.05 ARS 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. Ledesma SAAI 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 Ledesma SAAI (LEDE)?
The closing price on Nov 6, 2026 was 606.00 ARS. Our model-based fair value is 386.05 ARS, about 36% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ledesma SAAI right now?
Weak quality (45/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (233.98 ARS to 630.19 ARS). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Ledesma SAAI
How large is the market capitalisation of Ledesma SAAI (LEDE)?
The market capitalisation of Ledesma SAAI is 266B ARS (≈ $172M). 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 Ledesma SAAI (LEDE)?
The price-to-sales ratio of Ledesma SAAI is 0.28 (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 Ledesma SAAI (LEDE)?
Earnings per share at Ledesma SAAI are −46.30 ARS. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ledesma SAAI (LEDE)?
The dividend yield of Ledesma SAAI is 7.9%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Ledesma SAAI (LEDE)?
The net margin of Ledesma SAAI is −1.9% (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 Ledesma SAAI (LEDE)?
The return on equity (ROE) of Ledesma SAAI is −3.6% (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 Ledesma SAAI (LEDE)?
On an EBIT basis the return on assets of Ledesma SAAI is 7.7% (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 Ledesma SAAI (LEDE)?
The operating margin of Ledesma SAAI is −14.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ledesma SAAI (LEDE)?
Revenue at Ledesma SAAI is growing −25.8% versus a year earlier (3y avg +80.1%). 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 Ledesma SAAI (LEDE)?
Earnings per share at Ledesma SAAI are growing −83.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Ledesma SAAI (LEDE) carry?
The net debt of Ledesma SAAI is 159B ARS (fiscal year 2026, ≈ 5.4 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 8, 2026