Agriculture Valuation Multiples and Public Comps

Agriculture

See analyst estimates and all valuation multiples for Agriculture

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Bayer	$68.3B	1.3x	6.2x
BASF	$67.5B	0.9x	7.8x
Muyuan Foods	$44.8B	2.2x	9.9x
Corteva	$43.9B	2.5x	11.6x
Archer-Daniels-Midland	$38.4B	0.5x	10.1x
Nutrien	$38.4B	1.5x	6.4x
Wilmar International	$31.7B	0.4x	8.6x
Novonesis	$31.0B	6.5x	17.6x
Bunge	$23.9B	0.3x	9.4x
Tongwei	$23.0B	1.8x	26.2x
Wens Foodstuff Group	$19.4B	1.4x	9.8x
Industries Qatar	$18.6B	4.4x	14.8x
Qinghai Salt Lake Industry	$15.5B	6.5x	14.1x
CF Industries	$15.3B	2.3x	5.6x
Mowi	$14.4B	2.1x	10.2x
Mosaic	$12.7B	1.0x	4.8x
Yara	$12.7B	0.8x	4.8x
SABIC Agri-Nutrient	$12.1B	3.6x	9.1x
SalMar	$9.8B	3.5x	16.8x
Fertiglobe	$6.6B	2.7x	7.5x
PI Indus	$5.9B	6.4x	23.7x
FMC	$5.7B	1.4x	6.7x
ScottsMiracle-Gro	$5.3B	1.6x	9.1x
Minerva	$4.0B	0.4x	4.6x
Bakkafrost	$3.7B	3.3x	13.4x
SLC Agricola	$3.0B	2.0x	6.3x
Austevoll Seafood	$2.9B	0.8x	5.1x
Grupa Azoty	$2.8B	0.7x	81.5x
KWS SAAT	$2.6B	1.4x	6.4x
Genus	$2.4B	2.7x	15.0x
Graincorp	$2.3B	0.5x	11.0x
MHP	$2.2B	0.7x	4.7x
Andersons	$2.0B	0.2x	6.2x
3tentos	$1.9B	0.7x	9.4x
Tessenderlo Group	$1.9B	0.6x	5.5x
Adecoagro	$1.8B	1.2x	5.0x
B.F.	$1.6B	0.8x	14.8x
K+S	$1.6B	0.4x	2.3x
Cresud SACIF	$1.5B	1.9x	70.3x
CVR Partners	$1.5B	2.8x	n/a
Nufarm	$1.4B	0.6x	7.1x
Hortifrut	$1.4B	n/a	n/a
National Agriculture	$1.4B	1.5x	7.3x
UIE	$1.3B	n/a	n/a
Elders	$1.3B	0.6x	8.9x
Molinos Agro	$1.2B	n/a	n/a
Grieg Seafood	$1.1B	2.3x	16.3x
Grainturk Holding	$1.0B	n/a	n/a
NPK International	$1.0B	4.0x	14.9x
San Miguel AGICI y F	$950M	n/a	n/a
Sipef	$915M	1.8x	4.2x
Hektas Ticaret	$892M	n/a	n/a
Australian Agricultural	$875M	3.4x	22.9x
M P Evans Gr	$804M	2.2x	5.1x
AB Akola	$786M	0.4x	6.3x
Ridley Corp	$672M	0.6x	8.6x
Gujarat State Fertilizers & Chemicals	$645M	n/a	n/a
Blumar	$645M	n/a	n/a
Select Harvests	$600M	2.6x	9.6x
Brasilagro - Cia Bras	$590M	2.6x	12.1x
Multiexport Foods	$588M	n/a	n/a
Scales Corp	$577M	1.0x	8.5x
Takara Bio	$530M	1.7x	10.8x
Masoval	$527M	2.0x	14.1x
Pesquera Exalmar	$517M	n/a	n/a
Grupa Azoty Zaklady	$513M	n/a	n/a
Endur	$497M	0.9x	8.6x
Exel Industries	$482M	0.4x	6.1x
Ledesma	$479M	n/a	n/a
ASTARTA Holding	$477M	0.9x	3.2x
Itafos	$454M	0.8x	2.7x
Camanchaca	$449M	n/a	n/a
Forafric Global	$410M	n/a	n/a
T&G Global	$409M	n/a	n/a
Lavoro	$406M	n/a	n/a
Icelandic Salmon	$406M	4.1x	-41.1x
Anglo-Eastern Plantations	$395M	n/a	n/a
Salmones Camanchaca	$376M	0.9x	6.2x
Kaldvik	$369M	2.5x	21.2x
Bioceres Crop Solutions	$340M	1.0x	9.7x
Andfjord Salmon Group	$335M	3877.9x	-59.7x
Salmon Evolution	$330M	8.8x	-73.6x
American Vanguard	$328M	0.6x	8.1x
Boa Safra Sementes	$326M	0.7x	5.4x
Arctic Fish Holding	$309M	3.2x	89.3x
Gobarto	$287M	n/a	n/a
Agria Group	$277M	n/a	n/a
Hydratec Industries	$270M	n/a	n/a
Intrepid Potash	$267M	1.1x	4.8x
Nordic Aqua Partners	$251M	13.7x	-39.3x
R E A Holdings	$241M	1.2x	3.3x
Inversora Juramento	$237M	n/a	n/a
Seeka	$235M	n/a	n/a
FirstFarms	$232M	n/a	n/a
Inversiones Nutravalor	$225M	n/a	n/a
Lynch Group Holdings	$213M	0.7x	7.3x
Biotalys	$213M	70.8x	-14.0x
Delta Giri Wacana	$212M	n/a	n/a
Gigante Salmon	$208M	24.6x	714.9x
PGG Wrightson	$195M	n/a	n/a
Kingfish Co	$185M	5.6x	-51.4x
Agrogalaxy Participacoes	$178M	n/a	n/a
AUGA Gr	$168M	n/a	n/a
New Zealand Rural Land Co	$165M	12.2x	14.8x
Hydrofarm Holdings Group	$164M	1.1x	-20.0x
Proximar Seafood	$156M	13.9x	-26.6x
Vittia	$156M	0.9x	5.7x
Agricola Nacional SA	$153M	n/a	n/a
Terra Santa Propriedades	$152M	n/a	n/a
Gradus	$140M	n/a	n/a
Compania Agropecuaria	$124M	n/a	n/a
Agro Industrial Paramonga	$121M	n/a	n/a
Insumos AGroquimicos	$119M	n/a	n/a
Nordic Halibut	$112M	6.9x	-11.6x
Norcod	$110M	n/a	n/a
Murray Cod Australia	$110M	n/a	n/a
Brazil Potash	$105M	n/a	-2.6x
Amoeba	$99.2M	288.0x	-15.6x
Groupe Minoteries	$99.1M	n/a	n/a
Atlantic Sapphire	$95.6M	2.1x	-1.8x
Sapmer	$82.7M	n/a	n/a
Cibus	$70.7M	14.8x	-0.7x
Livestock Improvement	$67.3M	n/a	n/a
ArborGen Hldgs	$66.4M	n/a	n/a
ImmuCell	$63.8M	n/a	n/a
Cinis Fertilizer	$58.5M	1.8x	-25.9x
Florentaise	$52.2M	n/a	n/a
Winfarm	$47.2M	0.3x	8.8x
Amatheon Agri Holding	$44.9M	n/a	n/a
Dekel Agri-Vision	$44.3M	1.0x	9.3x
APF Holdings	$38.1M	n/a	n/a
Tonkens Agrar	$31.6M	n/a	n/a
KKO International	$30.5M	n/a	n/a
Cropmate	$26.9M	n/a	n/a
Agtira	$24.9M	n/a	n/a
Desert Control	$21.0M	n/a	n/a
Agroliga Group	$20.8M	n/a	n/a
AgroGeneration	$20.0M	n/a	n/a
PRFoods	$18.7M	n/a	n/a
Eden Research	$15.9M	2.5x	-6.2x
Agripower France	$15.5M	n/a	n/a
Agroton Public	$9.7M	n/a	n/a
Dhanlaxmi Seeds	$6.6M	n/a	n/a
Biomass Energy Project	$5.8M	n/a	n/a
Pescanova	$3.9M	n/a	n/a
Zarneni Hrani	$3.1M	n/a	n/a
Siguldas	$2.8M	n/a	n/a
Industrias Bachoco SAB	-$130M	n/a	n/a