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Ledesma Sociedad Anónima Agrícola Industrial (LEDE) Fair Value & Analysis

Industrials · AR · Market cap 330B ARS

LS Ledesma Sociedad Anónima Agrícola Industrial LEDE · BA
Price754.00 ARS
Fair Value228.16 ARS
Upside-69.7%
Quality35/100
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Expensive Growth
Loss-making · -3.9% net margin
Low debt · negative free cash flow
Trails peers (3/9)
Narrow moat 14/100
Evidence: Low Range 87.98 ARS – 368.35 ARS Share as image

Fair value as of: Jul 27, 2026

From 2 valuation models · updated 15 days ago

Share price +2.3% over the past month.

Below-average quality, and screening another 70% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (368.35 ARS). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (87.98 ARS to 368.35 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.
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Price vs Fair Value (5 years)

1,585 ARS 31.72 ARS Fair Value 228.16 ARS Feb 2021 Jun 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 27, 2026.

How to read this chart

60‑month range 31.72 ARS – 1,585 ARS · fair‑value band 87.98 ARS – 368.35 ARS · the 754.00 ARS price screens above the 228.16 ARS fair value. Dashed = 300-day average. As of Jul 27, 2026.

Full chart & analysis →

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Analysis

Ledesma Sociedad Anónima Agrícola Industrial (LEDE) currently trades at 754.00 ARS, while our model-based Fair Value estimate is 228.16 ARS, implying the stock looks roughly 69.7% overvalued today. The Quality Score stands at 35/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Ledesma Sociedad Anónima Agrícola Industrial generated revenue of 793B ARS at a net margin of -3.9%. Revenue grew 10.8% year over year. It earns a return on equity of -6.6%. Net debt stands at 146B ARS. Fundamentals as of Jul 27, 2026

Our scenario range runs from 87.98 ARS (bear case) to 368.35 ARS (bull case); at 754.00 ARS, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 38% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at -70%, LEDE screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
EV/EBITDA 309.39 ARS 449.57 ARS 589.75 ARS 54
NCAV (Graham) 490.14 ARS 656.79 ARS 980.28 ARS 50
All 2 models by family
Multiples
EV/EBITDA 309.39 ARS 449.57 ARS 589.75 ARS 54
Asset-Based
NCAV (Graham) 490.14 ARS 656.79 ARS 980.28 ARS 50

Widest divergence: Asset-Based (656.79 ARS) versus Multiples (449.57 ARS). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) 793B ARS
Revenue growth (YoY) +10.8%
Net margin -3.9%
Return on equity -6.6%
Free cash flow −88.5B ARS FY2025
Operating margin 3.1%
More key figures
EPS (TTM) -127.77 ARS
EPS growth (YoY) -83.1%
Net debt 146B ARS FY2025

Figures from reported company fundamentals · as of Jul 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 39 · Market factors (momentum, volatility) 34

Profitability 27
Margins and returns on capital today
Quality Growth 14
Are margins and returns improving?
Cashflow 31
Earnings quality: real cash, not paper profit
Fin. Strength 52
Balance sheet, leverage, solvency risk
Investment 28
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Ledesma Sociedad Anónima 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. It also produces energy from renewable sources.

Full company description

Ledesma Sociedad Anónima 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. It also produces energy from renewable sources. Ledesma Sociedad Anónima Agrícola Industrial was incorporated in 1914 and is based in Buenos Aires, Argentina.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ledesma Sociedad Anónima Agrícola Industrial reported revenue of 832B ARS in FY2025 versus 45.2B ARS in FY2021, a compound +107.2%/yr. Reported net income was −25.2B ARS in FY2025.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
832B ARS
Latest YoY
−20.7%
Avg. growth/yr (3Y) 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.
+119.4%
Avg. growth/yr (5Y) 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.
+93.4%
Avg. growth/yr (9Y) 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.
+68.6%
Revenue +107.2%/yr
FY21 45.2B ARS
FY22 78.7B ARS
FY23 177B ARS
FY24 1.0T ARS
FY25 832B ARS
Net income
FY21 5.2B ARS
FY22 5.6B ARS
FY23 13.6B ARS
FY24 56.2B ARS
FY25 −25.2B ARS

LEDE screens 70% overvalued. Compare with CITIC Limited →

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Cite: Fair Value Calculator (2026). "Ledesma Sociedad Anónima Agrícola Industrial Fair Value". https://www.fairvalue-calculator.com/stock/LEDE

Peer Group

Conglomerates · 369 stocks

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.

Quality Score 39 · Bottom 25%
Fair Value upside −70% · Bottom 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -4% · Bottom 25%
Operating margin (TTM) 3% · Below median
Revenue growth 11% · Above median
Debt / equity 0.13× · Lower than median

Valuation Multiples vs Conglomerates median · lower = cheaper

EV/EBITDA 2.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 20
FUTURE 54 · sector 16
PAST 0 · sector 20
HEALTH 93 · sector 88
DIVIDEND 0 · sector 39

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Conglomerates stocks, each showing price versus our Fair Value estimate (as of Jul 27, 2026).

Stock Price Fair Value vs Fair Value
CITIC Limited 0267 HK$11.28 HK$22.56 +100%
Swire Pacific Limited 0019 HK$99.50 HK$16.77 -83%
SK Inc 034730 580,000 KRW 497,919 KRW -14%
PT Astra International Tbk, ASII 4,810 IDR 9,620 IDR +100%
The Siam Cement Public Company SCC 254.00 THB 199.40 THB -21%
SRF Limited SRF ₹2,875 ₹1,053 -63%
Empresas Copec S.A COPEC 6,330 CLP 10,879 CLP +72%
Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
Tube Investments of India Limited TIINDIA ₹2,940 ₹559.30 -81%
Doosan Corporation 000155 464,000 KRW 75,620 KRW -84%

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Frequently asked questions

Is Ledesma Sociedad Anónima Agrícola Industrial (LEDE) overvalued or undervalued?
As of Jul 27, 2026, our model estimates a fair value of 228.16 ARS versus a price of 754.00 ARS, about −70% (overvalued).
What is the fair value of LEDE?
Our model-based fair value for Ledesma Sociedad Anónima Agrícola Industrial is 228.16 ARS (as of Jul 27, 2026), built from audited fundamentals. The current price is 754.00 ARS.
What is the quality score of LEDE?
Ledesma Sociedad Anónima Agrícola Industrial has a Quality Score of 35/100. 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 revenue of Ledesma Sociedad Anónima Agrícola Industrial (LEDE)?
Ledesma Sociedad Anónima Agrícola Industrial reported trailing-twelve-month revenue of about 793B ARS (latest available figure, as of Jul 27, 2026).
What is the net profit margin of LEDE?
The net profit margin of Ledesma Sociedad Anónima Agrícola Industrial is about -3.9%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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