AG GROWTH INTERNATIONAL INC (AFN.CA) Fundamental Analysis & Valuation

TSX:AFN • CA0011811068

25.32 CAD
-0.09 (-0.35%)
Last: Mar 13, 2026, 07:00 PM

This AFN.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

AFN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 22 industry peers in the Machinery industry. There are concerns on the financial health of AFN while its profitability can be described as average. AFN has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. AFN.CA Profitability Analysis

1.1 Basic Checks

  • AFN had positive earnings in the past year.
  • AFN had a negative operating cash flow in the past year.
  • In multiple years AFN reported negative net income over the last 5 years.
  • AFN had a positive operating cash flow in each of the past 5 years.
AFN.CA Yearly Net Income VS EBIT VS OCF VS FCFAFN.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M 150M

1.2 Ratios

  • AFN has a better Return On Assets (-0.53%) than 72.73% of its industry peers.
  • With a decent Return On Equity value of -2.89%, AFN is doing good in the industry, outperforming 63.64% of the companies in the same industry.
  • AFN has a Return On Invested Capital of 9.24%. This is amongst the best in the industry. AFN outperforms 81.82% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for AFN is above the industry average of 7.86%.
Industry RankSector Rank
ROA -0.53%
ROE -2.89%
ROIC 9.24%
ROA(3y)-0.04%
ROA(5y)-0.72%
ROE(3y)-1.37%
ROE(5y)-4.72%
ROIC(3y)10.97%
ROIC(5y)7.56%
AFN.CA Yearly ROA, ROE, ROICAFN.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

1.3 Margins

  • AFN has a Operating Margin of 11.10%. This is amongst the best in the industry. AFN outperforms 90.91% of its industry peers.
  • AFN's Operating Margin has improved in the last couple of years.
  • AFN has a better Gross Margin (28.91%) than 63.64% of its industry peers.
  • AFN's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 11.1%
PM (TTM) N/A
GM 28.91%
OM growth 3Y31.28%
OM growth 5Y11.58%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.93%
GM growth 5Y3.48%
AFN.CA Yearly Profit, Operating, Gross MarginsAFN.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

3

2. AFN.CA Health Analysis

2.1 Basic Checks

  • AFN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, AFN has less shares outstanding
  • Compared to 5 years ago, AFN has more shares outstanding
  • The debt/assets ratio for AFN has been reduced compared to a year ago.
AFN.CA Yearly Shares OutstandingAFN.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
AFN.CA Yearly Total Debt VS Total AssetsAFN.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • AFN has an Altman-Z score of 1.27. This is a bad value and indicates that AFN is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of AFN (1.27) is comparable to the rest of the industry.
  • AFN has a Debt/Equity ratio of 3.04. This is a high value indicating a heavy dependency on external financing.
  • AFN has a Debt to Equity ratio of 3.04. This is in the lower half of the industry: AFN underperforms 68.18% of its industry peers.
Industry RankSector Rank
Debt/Equity 3.04
Debt/FCF N/A
Altman-Z 1.27
ROIC/WACC1.07
WACC8.6%
AFN.CA Yearly LT Debt VS Equity VS FCFAFN.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

  • A Current Ratio of 1.69 indicates that AFN should not have too much problems paying its short term obligations.
  • AFN has a better Current ratio (1.69) than 72.73% of its industry peers.
  • A Quick Ratio of 1.16 indicates that AFN should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.16, AFN is in the better half of the industry, outperforming 68.18% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.69
Quick Ratio 1.16
AFN.CA Yearly Current Assets VS Current LiabilitesAFN.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

3

3. AFN.CA Growth Analysis

3.1 Past

  • The earnings per share for AFN have decreased strongly by -41.72% in the last year.
  • AFN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.02% yearly.
  • AFN shows a small growth in Revenue. In the last year, the Revenue has grown by 0.22%.
  • AFN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.12% yearly.
EPS 1Y (TTM)-41.72%
EPS 3Y12.72%
EPS 5Y16.02%
EPS Q2Q%3.97%
Revenue 1Y (TTM)0.22%
Revenue growth 3Y5.43%
Revenue growth 5Y7.12%
Sales Q2Q%9.03%

3.2 Future

  • Based on estimates for the next years, AFN will show a very negative growth in Earnings Per Share. The EPS will decrease by -10.40% on average per year.
  • Based on estimates for the next years, AFN will show a small growth in Revenue. The Revenue will grow by 4.82% on average per year.
EPS Next Y-47.21%
EPS Next 2Y-18.37%
EPS Next 3Y-8.47%
EPS Next 5Y-10.4%
Revenue Next Year-0.85%
Revenue Next 2Y-1.13%
Revenue Next 3Y1.21%
Revenue Next 5Y4.82%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
AFN.CA Yearly Revenue VS EstimatesAFN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B 1.5B 2B
AFN.CA Yearly EPS VS EstimatesAFN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4 5

6

4. AFN.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • AFN is valuated reasonably with a Price/Earnings ratio of 9.11.
  • AFN's Price/Earnings ratio is rather cheap when compared to the industry. AFN is cheaper than 90.91% of the companies in the same industry.
  • AFN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.70.
  • The Price/Forward Earnings ratio is 8.37, which indicates a very decent valuation of AFN.
  • Based on the Price/Forward Earnings ratio, AFN is valued cheaper than 90.91% of the companies in the same industry.
  • AFN is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.84, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 9.11
Fwd PE 8.37
AFN.CA Price Earnings VS Forward Price EarningsAFN.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • AFN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AFN is cheaper than 95.45% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 6.29
AFN.CA Per share dataAFN.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60

4.3 Compensation for Growth

  • AFN has a very decent profitability rating, which may justify a higher PE ratio.
  • AFN's earnings are expected to decrease with -8.47% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.57
EPS Next 2Y-18.37%
EPS Next 3Y-8.47%

4

5. AFN.CA Dividend Analysis

5.1 Amount

  • AFN has a Yearly Dividend Yield of 2.20%. Purely for dividend investing, there may be better candidates out there.
  • AFN's Dividend Yield is rather good when compared to the industry average which is at 0.75. AFN pays more dividend than 81.82% of the companies in the same industry.
  • AFN's Dividend Yield is a higher than the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.2%

5.2 History

  • The dividend of AFN decreases each year by -24.17%.
  • AFN has paid a dividend for at least 10 years, which is a reliable track record.
  • AFN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-24.17%
Div Incr Years0
Div Non Decr Years3
AFN.CA Yearly Dividends per shareAFN.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2

5.3 Sustainability

  • The earnings of AFN are negative and hence is the payout ratio. AFN will probably not be able to sustain this dividend level.
  • AFN's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-121.49%
EPS Next 2Y-18.37%
EPS Next 3Y-8.47%
AFN.CA Yearly Income VS Free CF VS DividendAFN.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

AFN.CA Fundamentals: All Metrics, Ratios and Statistics

AG GROWTH INTERNATIONAL INC

TSX:AFN (3/13/2026, 7:00:00 PM)

25.32

-0.09 (-0.35%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)01-07
Earnings (Next)03-11
Inst Owners16.58%
Inst Owner ChangeN/A
Ins Owners5.84%
Ins Owner ChangeN/A
Market Cap476.02M
Revenue(TTM)1.41B
Net Income(TTM)-9.32M
Analysts76.36
Price Target39.34 (55.37%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.2%
Yearly Dividend0.6
Dividend Growth(5Y)-24.17%
DP-121.49%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-18.95%
Min EPS beat(2)-63.22%
Max EPS beat(2)25.32%
EPS beat(4)3
Avg EPS beat(4)-4.78%
Min EPS beat(4)-63.22%
Max EPS beat(4)25.32%
EPS beat(8)4
Avg EPS beat(8)-9.11%
EPS beat(12)6
Avg EPS beat(12)1.12%
EPS beat(16)9
Avg EPS beat(16)4.59%
Revenue beat(2)2
Avg Revenue beat(2)7.06%
Min Revenue beat(2)6.21%
Max Revenue beat(2)7.92%
Revenue beat(4)3
Avg Revenue beat(4)5.73%
Min Revenue beat(4)-3.37%
Max Revenue beat(4)12.16%
Revenue beat(8)3
Avg Revenue beat(8)-3.04%
Revenue beat(12)5
Avg Revenue beat(12)-2.18%
Revenue beat(16)8
Avg Revenue beat(16)-0.51%
PT rev (1m)-0.37%
PT rev (3m)-7.06%
EPS NQ rev (1m)-9.98%
EPS NQ rev (3m)-26.62%
EPS NY rev (1m)-9.08%
EPS NY rev (3m)-11.94%
Revenue NQ rev (1m)-1.42%
Revenue NQ rev (3m)-5.38%
Revenue NY rev (1m)0.86%
Revenue NY rev (3m)0.86%
Valuation
Industry RankSector Rank
PE 9.11
Fwd PE 8.37
P/S 0.34
P/FCF N/A
P/OCF N/A
P/B 1.48
P/tB N/A
EV/EBITDA 6.29
EPS(TTM)2.78
EY10.98%
EPS(NY)3.02
Fwd EY11.95%
FCF(TTM)-3.22
FCFYN/A
OCF(TTM)-1.53
OCFYN/A
SpS74.78
BVpS17.16
TBVpS-10.82
PEG (NY)N/A
PEG (5Y)0.57
Graham Number32.76
Profitability
Industry RankSector Rank
ROA -0.53%
ROE -2.89%
ROCE 11.54%
ROIC 9.24%
ROICexc 9.74%
ROICexgc 16.5%
OM 11.1%
PM (TTM) N/A
GM 28.91%
FCFM N/A
ROA(3y)-0.04%
ROA(5y)-0.72%
ROE(3y)-1.37%
ROE(5y)-4.72%
ROIC(3y)10.97%
ROIC(5y)7.56%
ROICexc(3y)11.75%
ROICexc(5y)8.08%
ROICexgc(3y)23.67%
ROICexgc(5y)16.62%
ROCE(3y)13.71%
ROCE(5y)9.44%
ROICexgc growth 3Y25.51%
ROICexgc growth 5Y16.69%
ROICexc growth 3Y34.87%
ROICexc growth 5Y19.62%
OM growth 3Y31.28%
OM growth 5Y11.58%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.93%
GM growth 5Y3.48%
F-Score1
Asset Turnover0.8
Health
Industry RankSector Rank
Debt/Equity 3.04
Debt/FCF N/A
Debt/EBITDA 4.4
Cap/Depr 47.86%
Cap/Sales 2.26%
Interest Coverage 2.74
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.69
Quick Ratio 1.16
Altman-Z 1.27
F-Score1
WACC8.6%
ROIC/WACC1.07
Cap/Depr(3y)68.31%
Cap/Depr(5y)70.19%
Cap/Sales(3y)3.18%
Cap/Sales(5y)3.48%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-41.72%
EPS 3Y12.72%
EPS 5Y16.02%
EPS Q2Q%3.97%
EPS Next Y-47.21%
EPS Next 2Y-18.37%
EPS Next 3Y-8.47%
EPS Next 5Y-10.4%
Revenue 1Y (TTM)0.22%
Revenue growth 3Y5.43%
Revenue growth 5Y7.12%
Sales Q2Q%9.03%
Revenue Next Year-0.85%
Revenue Next 2Y-1.13%
Revenue Next 3Y1.21%
Revenue Next 5Y4.82%
EBIT growth 1Y-2.08%
EBIT growth 3Y38.42%
EBIT growth 5Y19.52%
EBIT Next Year84.08%
EBIT Next 3Y26.73%
EBIT Next 5Y23.19%
FCF growth 1Y-183.12%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-122.9%
OCF growth 3Y41.5%
OCF growth 5Y22.35%

AG GROWTH INTERNATIONAL INC / AFN.CA FAQ

What is the fundamental rating for AFN stock?

ChartMill assigns a fundamental rating of 4 / 10 to AFN.CA.


What is the valuation status of AG GROWTH INTERNATIONAL INC (AFN.CA) stock?

ChartMill assigns a valuation rating of 6 / 10 to AG GROWTH INTERNATIONAL INC (AFN.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for AG GROWTH INTERNATIONAL INC?

AG GROWTH INTERNATIONAL INC (AFN.CA) has a profitability rating of 6 / 10.


What is the valuation of AG GROWTH INTERNATIONAL INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for AG GROWTH INTERNATIONAL INC (AFN.CA) is 9.11 and the Price/Book (PB) ratio is 1.48.


How sustainable is the dividend of AG GROWTH INTERNATIONAL INC (AFN.CA) stock?

The dividend rating of AG GROWTH INTERNATIONAL INC (AFN.CA) is 4 / 10 and the dividend payout ratio is -121.49%.