Verde Agritech Ltd T.NPK

Alternate Symbol(s): VNPKF

Chemicals Basic Materials

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.

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Verde Agritech Ltd > Is Verde reasonably priced?

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Post by laurencelefouon Jun 09, 2022 9:47am

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Post# 34743227

Is Verde reasonably priced?

Fiscal Year 2022, Verde is predicting earnings per share of ±CDN$0.87.

The number of outstanding shares is 50,581,619 (2022-03-31).

Verde is forecasting earnings for FY 2022 of: ±CDN$44,000,000 ($0.87 X 50,581,619)

The market cap is CDN$404,650,000 ($8.00 X 50,581,619)

The earnings multiple is 9.20 ($404,650,000 / $44,000,000)

The question is: will Verde generate enough sales to hit their CDN$0.87 EPS target.

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