Ridley Corporation Ltd (RIC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Ridley Corporation Ltd stock A$1.96, price A$2.68, that is 27.1% below the price, quality 33 out of 100. Rating: overvalued. Calculated from audited financials with 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 6, 2026.
How to read this chart
60‑month range A$0.8940 – A$3.11 · fair‑value band A$1.02 – A$2.49 · the A$2.68 price screens above the A$1.96 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Ridley Corporation Limited, together with its subsidiaries, engages in the provision of animal nutrition solutions in Australia the United States, New Zealand, and Thailand. It operates through two segments, Packaged Feeds and Ingredients, and Bulk Stockfeeds.
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The company provides aqua feeds, bulk ruminant stockfeeds, bulk monogastric stockfeeds, animal proteins and oils, and commodities; and NovaqPro, as well as engages in specialty products distribution. It also engages in the retail of animal feeds.
Ridley Corporation Limited was incorporated in 1987 and is headquartered in Melbourne, Australia.
Stock analysis
Ridley Corporation Ltd (RIC) currently trades at A$2.68, while our model-based Fair Value estimate is A$1.96, 27% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of A$3.70 per share, and 11 of the 26 models we run sit above the A$2.68 price.
Bear case: the Asset-Based group reads lowest at A$0.6900, and 15 of the 26 models stay below the price. Data coverage for this calculation is medium.
Scenario range: A$1.02 (bear) to A$2.49 (bull), the price of A$2.68 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 33/100 (below-average quality), in the Consumer Defensive sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Ridley Corporation Ltd reported revenue of A$2.9B in FY2026 versus A$1.0B in FY2022, a compound +28.5%/yr. Reported net income was A$27.6M in FY2026, compounding −10.2%/yr from FY2022.
Key figures
Market cap A$1.0B (≈ $690M) Small · P/E ratio 36.5 · P/S ratio 0.35 · EPS (TTM) A$0.0735 · Dividend yield 3.9% · Net margin 1.0% · Return on equity 5.8% · Return on assets (EBIT) 8.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 31 out of 100 (medium confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 9% below its 52-week high and 17% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −1% fair-value upside, at −27%, RIC screens richer than that median.
Fair Value models
BearA$1.02Fair Value A$1.96BullA$2.49
Price A$2.68 · Downside -27.1%
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.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$2.37A$3.66A$5.5580
Growth DCFA$2.40A$3.52A$5.0678
Owner EarningsA$1.95A$3.01A$4.5776
All 26 models by family
DCF Models
FCF DCFA$2.37A$3.66A$5.5580
Owner EarningsA$1.95A$3.01A$4.5776
5Y Revenue ExitA$2.39A$3.88A$5.7972
5Y EBITDA ExitA$3.05A$5.12A$7.5474
5Y P/E ExitA$1.50A$2.19A$2.9071
10Y Revenue ExitA$2.29A$3.62A$5.4366
10Y EBITDA ExitA$2.77A$4.46A$6.7467
10Y P/E ExitA$1.80A$2.47A$3.2764
Earnings-Based
Graham-DoddA$0.5000A$1.62A$2.1764
Lynch FVA$0.3600A$0.5200A$0.670061
PEG = 1.0A$0.3600A$0.5200A$0.670057
EPVA$2.17A$2.51A$2.8074
Dividend Discount
Gordon GGMA$0.9100A$1.79A$2.6967
DDM Multi-StageA$0.9100A$1.50A$1.8967
Multiples
P/E MultipleA$1.16A$1.54A$1.9363
P/S MultipleA$0.9400A$1.25A$1.5658
P/B MultipleA$1.76A$2.34A$2.9355
EV/EBITA$2.23A$3.42A$4.6265
EV/EBITDAA$2.53A$3.83A$5.1366
EV/RevenueA$1.20A$2.30A$3.3952
Asset-Based
NCAV (Graham)A$0.5200A$0.6900A$1.0354
Growth DCF
Growth DCFA$2.40A$3.52A$5.0678
Rev-Margin DCFA$2.39A$3.88A$5.6172
Economic Profit
Residual IncomeA$1.03A$1.06A$1.1276
ROIC CompounderA$2.31A$2.92A$3.6272
Growth Earnings
Growth-Adj P/EA$0.9700A$1.39A$1.8167
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.77/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+119.9%
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.
+31.5%
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.
+25.3%
Start year 2021 (pandemic). Over 10 years: +12.1% a year
Revenue growth 37 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.
+26.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−2.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−6.4%
Dividend (yield on the price)3.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−6.4% vs −1.3%, slowing
Profit margin 2021 to 2026 ⓘ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.4% → 4%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes less growth than the company has delivered so far and more than analysts expect.
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).
+12.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (Australia: IMF forecast 3.0% a year to 2030, 2.9% from 2016 to 2025) that is about +9.6% a year for the price and +0.9% for the forecasts.
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.Packaged Foods · 627 stocks
Beats the industry median on 4/15 measures
Overall it trails its industry peers.
Valuation
Quality Score33 · Bottom 25%
Fair Value upside−27.1% · Below median
Profitability
Return on equity (12 months)5.8% · Below median
Return on assets1.4% · Below median
Net margin (12 months)1.0% · Bottom 25%
Operating margin (12 months)4.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)185.5% · Top 25%
Dividend yield (12 months)3.9% · Above median
Balance sheet
Debt / equity0.53× · Highest 25%
Valuation Multiplesvs Packaged Foods median · lower = cheaper
P/E (12 months)36.5× · Priciest 25%
P/B2.01× · Pricier than median
P/S (12 months)0.35× · Cheapest 25%
Price / free cash flow (fiscal year)18.7× · Pricier than median
EV/EBITDA7.2× · Cheaper than median
PEG5.78× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 35
FUTURE (revenue growth)100· sector 25
PAST (return on equity)23· sector 31
HEALTH (low debt)74· sector 96
DIVIDEND (yield)78· sector 55
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.
Is Ridley Corporation Ltd (RIC) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of A$1.96 versus a price of A$2.68, about 27% lower (overvalued).
What is the fair value of RIC?
Our model-based fair value for Ridley Corporation Ltd is A$1.96 (as of Nov 6, 2026), built from audited fundamentals. The current price: A$2.68.
What is the quality score of RIC?
Ridley Corporation Ltd has a Quality Score of 33/100. 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 Ridley Corporation Ltd (RIC)?
Our model-based price target is the fair value of A$1.96 (as of Nov 6, 2026) from 26 valuation models. Cautious scenario A$1.02, optimistic scenario A$2.49. It is a calculation from audited fundamentals, not an analyst target.
What is the Ridley Corporation Ltd stock forecast for 2026?
Our models put fair value at A$1.96, about 27% lower versus a price of A$2.68 (overvalued). Cautious scenario A$1.02, optimistic scenario A$2.49. The calculation is refreshed regularly with new filings.
What is the revenue of Ridley Corporation Ltd (RIC)?
Ridley Corporation Ltd reported trailing-twelve-month revenue of about A$2.9B (latest available figure, as of Nov 6, 2026).
Does Ridley Corporation Ltd pay a dividend?
Ridley Corporation Ltd currently shows a dividend yield of 3.92% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Ridley Corporation Ltd (RIC) and when is the ex-dividend date?
Ridley Corporation Ltd pays a dividend of A$0.105 per share a year, a dividend yield of 3.9%. The last ex-dividend date was Oct 6, 2026. A dividend has been paid every year since 2014. The payout ratio is 69.8% of earnings (on adjusted earnings, reported 150%). Free cash flow covers the dividend 1.36 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Ridley Corporation Ltd (RIC)?
For today's price to be fair in a discounted-cash-flow model, Ridley Corporation Ltd would have to grow free cash flow by +12.9 % per year for five years (discount rate 9.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +25.3 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of RIC use?
Our models discount Ridley Corporation Ltd at 9.6 %: a base by market capitalisation (small), damped by beta 0.05, 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 Ridley Corporation Ltd that is +12.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.6 %) and the same formula as our fair value.
How much growth has Ridley Corporation Ltd (RIC) delivered so far?
Over the past 5 years revenue at Ridley Corporation Ltd grew +25.3 % a year. The price currently implies free-cash-flow growth of +12.9 % 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 Ridley Corporation Ltd (RIC) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Ridley Corporation Ltd (+12.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Ridley Corporation Ltd (RIC)?
The free-cash-flow yield on the price is 5.35 %: that much free cash flow Ridley Corporation Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Ridley Corporation Ltd (RIC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ridley Corporation Ltd it is A$1.96 per share (as of Nov 6, 2026), against a price of A$2.68. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Ridley Corporation Ltd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, RIC trades above its calculated fair value: price A$2.68, fair value A$1.96, a gap of about −27% (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 RIC?
No. The price is what the market pays today (A$2.68); the fair value is what the company's own numbers justify (A$1.96). For Ridley Corporation Ltd the two are A$0.7250 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ridley Corporation Ltd worth?
The market values Ridley Corporation Ltd at about A$1.0B (market capitalisation, as of Nov 6, 2026). Per share that is A$2.68; our models calculate a fair value of A$1.96 per share.
What do the bullish and bearish scenarios say about RIC?
Our models span a range for Ridley Corporation Ltd: cautious scenario A$1.02, base A$1.96, optimistic A$2.49 per share (as of Nov 6, 2026, price A$2.68). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of RIC?
Ridley Corporation Ltd trades at a price-to-earnings ratio of 36.5 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$1.96 is built from several models across several years. Excluding one-off items of fiscal year 2026 it is 17.0 (reported 36.5). Median P/E at fiscal year-end, 9 fiscal years (2017 to 2026), reported earnings, FY2026 ex one-offs: 16.5. Other multiples: PEG 5.8, P/B 2.0, P/S 0.4, EV/EBITDA 7.2.
What is the PEG ratio of RIC?
The PEG ratio of Ridley Corporation Ltd is 5.78 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Ridley Corporation Ltd (RIC)?
Balance-sheet figures for Ridley Corporation Ltd (as of Nov 6, 2026): return on equity 5.8%, debt of 0.53 per unit of equity. They feed the Quality Score of 33/100, which measures business quality independently of the share price.
How far is RIC from its 52-week high?
Ridley Corporation Ltd trades at A$2.68, about 9% below its 52-week high of A$2.94 and 17% above the low of A$2.29 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of A$1.96 is for.
Which stocks are comparable to Ridley Corporation Ltd?
From the same area (Consumer Defensive) we also value Nestlé S.A, Danone S.A, Foshan Haitian Flavouring and Food Company, The Kraft Heinz Company, 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 Ridley Corporation Ltd stock attractive at the current price?
The data as of Nov 6, 2026: price A$2.68, calculated fair value A$1.96 (−27%), Quality Score 33/100, from 26 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 RIC calculated?
We run Ridley Corporation Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of A$1.96 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 13.0% above its aggregate fair value. Ridley Corporation 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 Ridley Corporation Ltd (RIC)?
The closing price on Nov 6, 2026 was A$2.68. Our model-based fair value is A$1.96, about 27% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ridley Corporation Ltd right now?
The price sits above even our optimistic bull case (A$2.49). The favourable scenario is already priced in. Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (A$1.02 to A$2.49) leaves room in how you read the outcome.
Where does the earnings growth of Ridley Corporation Ltd (RIC) come from?
Earnings per share at Ridley Corporation Ltd grew +3.2 % a year from 2015 to 2026. Broken into its drivers: revenue per share +6.8 %, EBIT margin +3.7 %, tax rate +0.2 %, residual (interest, one-offs) −7.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Ridley Corporation Ltd
How large is the market capitalisation of Ridley Corporation Ltd (RIC)?
The market capitalisation of Ridley Corporation Ltd is A$1.0B (≈ $690M). 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 Ridley Corporation Ltd (RIC)?
The price-to-sales ratio of Ridley Corporation Ltd is 0.35 (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 Ridley Corporation Ltd (RIC)?
Earnings per share at Ridley Corporation Ltd are A$0.0735 (price ÷ EPS = P/E 36.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ridley Corporation Ltd (RIC)?
The dividend yield of Ridley Corporation Ltd is 3.9% (payout 69.8%, on adjusted earnings, reported 150%). 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 Ridley Corporation Ltd (RIC)?
The net margin of Ridley Corporation Ltd is 1.0% (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 Ridley Corporation Ltd (RIC)?
The return on equity (ROE) of Ridley Corporation Ltd is 5.8% (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 Ridley Corporation Ltd (RIC)?
On an EBIT basis the return on assets of Ridley Corporation Ltd is 8.7% (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 Ridley Corporation Ltd (RIC)?
The operating margin of Ridley Corporation Ltd is 4.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ridley Corporation Ltd (RIC)?
Revenue at Ridley Corporation Ltd is growing +186% versus a year earlier (3y avg +31.5%). 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 Ridley Corporation Ltd (RIC)?
Earnings per share at Ridley Corporation Ltd are growing +109% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Ridley Corporation Ltd (RIC) carry?
The net debt of Ridley Corporation Ltd is A$510M (fiscal year 2026, ≈ 9.5 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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Some data
Nov 6, 2026