Agriculture Valuation Multiples and Public Comps

Agriculture

See analyst estimates and all valuation multiples for Agriculture

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
BASF	$70.3B	0.9x	8.1x
Bayer	$69.6B	1.3x	6.2x
Muyuan Foods	$45.8B	2.2x	9.5x
Corteva	$43.4B	2.5x	11.5x
Archer-Daniels-Midland	$38.7B	0.5x	9.7x
Nutrien	$38.5B	1.5x	6.4x
Novonesis	$31.9B	6.6x	18.0x
Wilmar International	$31.2B	0.4x	8.5x
Bunge	$24.1B	0.3x	9.5x
Tongwei	$23.2B	1.8x	26.7x
Wens Foodstuff Group	$19.3B	1.4x	9.8x
Industries Qatar	$19.3B	4.6x	14.7x
Qinghai Salt Lake Industry	$15.8B	6.7x	14.5x
CF Industries	$15.1B	2.2x	5.6x
Mowi	$14.5B	2.1x	10.3x
Mosaic	$13.1B	1.1x	4.9x
Yara	$12.6B	0.8x	4.8x
SABIC Agri-Nutrient	$12.5B	3.7x	9.4x
SalMar	$9.9B	3.5x	16.7x
Fertiglobe	$6.7B	2.7x	7.7x
FMC	$6.0B	1.4x	6.7x
PI Indus	$5.8B	6.2x	23.1x
ScottsMiracle-Gro	$5.2B	1.5x	9.1x
Minerva	$3.9B	0.4x	4.5x
Bakkafrost	$3.5B	3.0x	12.0x
Austevoll Seafood	$3.0B	0.8x	5.0x
SLC Agricola	$2.9B	2.0x	6.3x
Grupa Azoty	$2.8B	0.8x	156.1x
KWS SAAT	$2.7B	1.4x	6.5x
Genus	$2.5B	2.8x	15.2x
Graincorp	$2.3B	0.5x	10.9x
MHP	$2.2B	0.7x	4.8x
Andersons	$2.0B	0.2x	6.2x
Adecoagro	$1.9B	1.2x	5.1x
Tessenderlo Group	$1.9B	0.6x	5.4x
3tentos	$1.9B	0.7x	9.1x
K+S	$1.7B	0.4x	2.4x
B.F.	$1.6B	0.8x	14.8x
CVR Partners	$1.5B	2.8x	n/a
Cresud SACIF	$1.5B	1.9x	74.5x
Nufarm	$1.4B	0.6x	7.2x
Grainturk Holding	$1.4B	n/a	n/a
Hortifrut	$1.4B	n/a	n/a
UIE	$1.3B	n/a	n/a
National Agriculture	$1.3B	1.4x	7.1x
Elders	$1.2B	0.6x	8.6x
Molinos Agro	$1.1B	n/a	n/a
Grieg Seafood	$1.1B	2.3x	16.4x
NPK International	$1.1B	4.5x	16.3x
Sipef	$935M	1.8x	4.3x
Australian Agricultural	$880M	3.5x	23.2x
San Miguel AGICI y F	$871M	n/a	n/a
Hektas Ticaret	$864M	n/a	n/a
M P Evans Gr	$825M	2.2x	5.2x
AB Akola	$791M	0.4x	6.3x
Ridley Corp	$685M	0.6x	8.9x
Gujarat State Fertilizers & Chemicals	$658M	n/a	n/a
Blumar	$632M	n/a	n/a
Select Harvests	$608M	2.7x	9.8x
Scales Corp	$585M	1.0x	8.7x
Multiexport Foods	$576M	n/a	n/a
Brasilagro - Cia Bras	$575M	2.5x	11.8x
Takara Bio	$548M	1.7x	11.0x
Masoval	$528M	2.0x	13.9x
Pesquera Exalmar	$527M	n/a	n/a
Grupa Azoty Zaklady	$522M	n/a	n/a
Endur	$501M	0.9x	8.7x
ASTARTA Holding	$485M	1.0x	3.2x
Exel Industries	$473M	0.4x	6.0x
Ledesma	$468M	n/a	n/a
Itafos	$453M	0.8x	2.8x
Camanchaca	$440M	n/a	n/a
Anglo-Eastern Plantations	$425M	n/a	n/a
Lavoro	$406M	n/a	n/a
T&G Global	$406M	n/a	n/a
Forafric Global	$404M	n/a	n/a
Icelandic Salmon	$396M	4.0x	-41.5x
Kaldvik	$376M	2.7x	25.5x
Salmones Camanchaca	$368M	0.9x	6.2x
Andfjord Salmon Group	$338M	3947.8x	-71.9x
Bioceres Crop Solutions	$338M	1.0x	9.8x
Salmon Evolution	$327M	8.7x	-73.3x
American Vanguard	$326M	0.6x	8.1x
Arctic Fish Holding	$318M	3.3x	81.2x
Boa Safra Sementes	$318M	0.7x	5.3x
Agria Group	$280M	n/a	n/a
Gobarto	$278M	n/a	n/a
Intrepid Potash	$274M	1.1x	4.9x
Hydratec Industries	$270M	n/a	n/a
Nordic Aqua Partners	$259M	13.9x	-39.4x
R E A Holdings	$245M	1.2x	3.3x
Seeka	$238M	n/a	n/a
Inversora Juramento	$237M	n/a	n/a
FirstFarms	$235M	n/a	n/a
Inversiones Nutravalor	$220M	n/a	n/a
Delta Giri Wacana	$212M	n/a	n/a
Lynch Group Holdings	$211M	0.7x	7.3x
Gigante Salmon	$210M	25.1x	743.7x
PGG Wrightson	$198M	n/a	n/a
Kingfish Co	$190M	5.7x	-52.5x
Agrogalaxy Participacoes	$177M	n/a	n/a
Biotalys	$173M	57.2x	-11.4x
AUGA Gr	$169M	n/a	n/a
New Zealand Rural Land Co	$167M	12.3x	14.9x
Hydrofarm Holdings Group	$164M	1.0x	-20.1x
Proximar Seafood	$160M	14.5x	-27.0x
Vittia	$154M	0.9x	5.7x
Agricola Nacional SA	$150M	n/a	n/a
Terra Santa Propriedades	$148M	n/a	n/a
Gradus	$142M	n/a	n/a
Agro Industrial Paramonga	$123M	n/a	n/a
Compania Agropecuaria	$122M	n/a	n/a
Insumos AGroquimicos	$119M	n/a	n/a
Brazil Potash	$114M	n/a	-2.8x
Nordic Halibut	$114M	7.1x	-11.6x
Norcod	$111M	n/a	n/a
Murray Cod Australia	$111M	n/a	n/a
Amoeba	$108M	316.8x	-16.8x
Groupe Minoteries	$101M	n/a	n/a
Atlantic Sapphire	$95.0M	2.1x	-1.8x
Sapmer	$81.0M	n/a	n/a
Cibus	$79.3M	16.7x	-0.8x
ArborGen Hldgs	$69.5M	n/a	n/a
Livestock Improvement	$67.4M	n/a	n/a
ImmuCell	$63.0M	n/a	n/a
Cinis Fertilizer	$57.5M	1.8x	-23.9x
Florentaise	$52.6M	n/a	n/a
Winfarm	$47.6M	0.3x	8.9x
Amatheon Agri Holding	$46.1M	n/a	n/a
Dekel Agri-Vision	$45.3M	1.0x	9.4x
APF Holdings	$38.3M	n/a	n/a
KKO International	$37.6M	n/a	n/a
Tonkens Agrar	$31.6M	n/a	n/a
Agtira	$27.1M	n/a	n/a
Cropmate	$26.8M	n/a	n/a
Agroliga Group	$21.2M	n/a	n/a
AgroGeneration	$20.8M	n/a	n/a
Desert Control	$19.8M	n/a	n/a
PRFoods	$18.7M	n/a	n/a
Eden Research	$18.3M	2.8x	-7.1x
Agripower France	$16.1M	n/a	n/a
Agroton Public	$9.9M	n/a	n/a
Dhanlaxmi Seeds	$7.0M	n/a	n/a
Biomass Energy Project	$6.0M	n/a	n/a
Pescanova	$3.6M	n/a	n/a
Zarneni Hrani	$3.1M	n/a	n/a
Siguldas	$2.8M	n/a	n/a
Industrias Bachoco SAB	-$133M	n/a	n/a