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S.A. San Miguel A.G.I.C.I. y F. (SAMI) Fair Value & Analysis

Consumer Defensive · AR · Market cap 929B ARS

SA S.A. San Miguel A.G.I.C.I. y F. SAMI · BA
Price500.00 ARS
Fair Value196.70 ARS
Upside-60.7%
Quality17/100
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Mixed Growth
Loss-making · -28.1% net margin
Moderate debt · generates free cash flow
Trails peers (2/10)
Narrow moat 16/100
Evidence: Medium Range 85.76 ARS – 196.70 ARS Share as image

Fair value as of: Jul 18, 2026

From 12 valuation models · updated 23 days ago

Share price +8.2% over the past month.

Below-average quality, and screening another 61% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (196.70 ARS). The favourable scenario is already priced in.
  • Weak quality (17/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (85.76 ARS to 196.70 ARS) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

1,469 ARS 12.73 ARS Fair Value 196.70 ARS Feb 2021 Jun 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range 12.73 ARS – 1,469 ARS · fair‑value band 85.76 ARS – 196.70 ARS · the 500.00 ARS price screens above the 196.70 ARS fair value. Dashed = 300-day average. As of Jul 18, 2026.

Full chart & analysis →

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Analysis

S.A. San Miguel A.G.I.C.I. y F. (SAMI) currently trades at 500.00 ARS, while our model-based Fair Value estimate is 196.70 ARS, implying the stock looks roughly 60.7% overvalued today. The Quality Score stands at 17/100 (below-average quality), in the Consumer Defensive 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: medium).

Over the trailing twelve months, S.A. San Miguel A.G.I.C.I. y F. generated revenue of 172B ARS at a net margin of -28.1%. Revenue declined 5.9% year over year. It earns a return on equity of -70.3%. Net debt stands at 315B ARS. Fundamentals as of Jul 18, 2026

Our scenario range runs from 85.76 ARS (bear case) to 196.70 ARS (bull case); at 500.00 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 48% below its 52-week high and 45% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 102% fair-value upside, at -61%, SAMI 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 BearBaseBull Evidence
Highest evidence
Growth DCF 119.48 ARS 290.22 ARS 576.96 ARS 80
Rev-Margin DCF 87.84 ARS 184.08 ARS 385.77 ARS 74
Gordon GGM 1.58 ARS 3.46 ARS 5.82 ARS 70
All 12 models by family
DCF Models
FCF DCF 129.09 ARS 231.41 ARS 566.00 ARS 38
5Y Revenue Exit 76.17 ARS 156.07 ARS 323.01 ARS 39
5Y EBITDA Exit 100.89 ARS 206.08 ARS 412.32 ARS 41
10Y Revenue Exit 89.36 ARS 234.10 ARS 323.65 ARS 36
10Y EBITDA Exit 111.86 ARS 288.60 ARS 594.34 ARS 37
Dividend Discount
Gordon GGM 1.58 ARS 3.46 ARS 5.82 ARS 70
DDM Multi-Stage 1.58 ARS 2.83 ARS 3.60 ARS 61
Multiples
EV/EBITDA 85.23 ARS 126.31 ARS 167.38 ARS 54
EV/Revenue 47.14 ARS 83.63 ARS 120.12 ARS 43
Asset-Based
NCAV (Graham) 31.82 ARS 42.65 ARS 63.65 ARS 50
Growth DCF
Growth DCF 119.48 ARS 290.22 ARS 576.96 ARS 80
Rev-Margin DCF 87.84 ARS 184.08 ARS 385.77 ARS 74

Widest divergence: DCF Models (231.41 ARS) versus Dividend Discount (2.83 ARS). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 172B ARS
Revenue growth (YoY) -5.9%
Net margin -28.1%
Return on equity -70.3%
Free cash flow 14.5B ARS FY2025
Operating margin -49.9%
More key figures
EPS (TTM) -30.33 ARS
EPS growth (YoY) +1,894%
Net debt 315B ARS FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 17/100

Of which business quality 21 · Market factors (momentum, volatility) 26

Profitability 4
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 12
Balance sheet, leverage, solvency risk
Investment 5
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 0
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

S.A. San Miguel A.G.I.C.I. y F. engages in cultivation, processing, producing, and commercializing citrus products in Argentina. It offers oil and essences, juices, peel, and pulp cells products. The company is involved in harvesting, packing, and grinding activities. It also exports its products.

Full company description

S.A. San Miguel A.G.I.C.I. y F. engages in cultivation, processing, producing, and commercializing citrus products in Argentina. It offers oil and essences, juices, peel, and pulp cells products. The company is involved in harvesting, packing, and grinding activities. It also exports its products. The company was incorporated in 1954 and is based in Vicente López, Argentina.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

S.A. San Miguel A.G.I.C.I. y F. reported revenue of 173B ARS in FY2025 versus 22.9B ARS in FY2021, a compound +65.7%/yr. Reported net income was −35.6B ARS in FY2025.

Growth Quality 67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
173B ARS
Latest YoY
+66.5%
Avg. growth/yr (3Y)
+131.5%
Avg. growth/yr (5Y)
+58.3%
Avg. growth/yr (10Y)
+53.9%
Revenue +65.7%/yr
FY21 22.9B ARS
FY22 13.9B ARS
FY23 29.2B ARS
FY24 104B ARS
FY25 173B ARS
Net income
FY21 −4.2B ARS
FY22 −9.5B ARS
FY23 −14.4B ARS
FY24 −18.1B ARS
FY25 −35.6B ARS

SAMI screens 61% overvalued. Compare with Muyuan Foods Group →

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Cite: Fair Value Calculator (2026). "S.A. San Miguel A.G.I.C.I. y F. Fair Value". https://www.fairvalue-calculator.com/stock/SAMI

Peer Group

Farm Products · 291 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 17 · Bottom 25%
Fair Value upside −61% · Bottom 25%
Return on assets -0% · Bottom 25%
Net margin (TTM) -28% · Bottom 25%
Operating margin (TTM) -50% · Bottom 25%
Revenue growth -6% · Below median
Debt / equity 1.40× · Higher than 75% of peers

Valuation Multiples vs Farm Products median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 3.0× · Cheaper than median

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 26
FUTURE 0 · sector 21
PAST 0 · sector 17
HEALTH 30 · sector 94
DIVIDEND 0 · sector 38

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 Farm Products stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.90 ¥48.19 +18%
Wens Foodstuff Group 300498 ¥14.51 ¥12.08 -17%
Mowi ASA MOWI kr 188.40 kr 262.59 +39%
PT Charoen Pokphand Indonesia Tbk, CPIN 3,120 IDR 7,076 IDR +127%
Charoen Pokphand Foods Public Company CPF 22.00 THB 55.71 THB +153%
PT Triputra Agro Persada Tbk TAPG 1,540 IDR 3,105 IDR +102%
PT FAP Agri Tbk FAPA 7,300 IDR 7,463 IDR +2%
PT Japfa Comfeed Indonesia Tbk JPFA 2,070 IDR 7,231 IDR +249%
Thaifoods Group TFGR 10.60 THB 23.53 THB +122%
PT Jhonlin Agro Raya Tbk JARR 1,845 IDR 610.80 IDR -67%

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Frequently asked questions

Is S.A. San Miguel A.G.I.C.I. y F. (SAMI) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 196.70 ARS versus a price of 500.00 ARS, about −61% (overvalued).
What is the fair value of SAMI?
Our model-based fair value for S.A. San Miguel A.G.I.C.I. y F. is 196.70 ARS (as of Jul 18, 2026), built from audited fundamentals. The current price is 500.00 ARS.
What is the quality score of SAMI?
S.A. San Miguel A.G.I.C.I. y F. has a Quality Score of 17/100. 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 S.A. San Miguel A.G.I.C.I. y F. (SAMI)?
S.A. San Miguel A.G.I.C.I. y F. reported trailing-twelve-month revenue of about 172B ARS (latest available figure, as of Jul 18, 2026).
What is the net profit margin of SAMI?
The net profit margin of S.A. San Miguel A.G.I.C.I. y F. is about -28.1%, 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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