Rural Funds Group

Rural Funds Group

1.22
EUR
0.00
(0.00%)
0.29EPS
4.69P/E
474.60MMarket Cap
Feb 25Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
Revenue per Share
0.2
0.17
0.16
0.2
0.2
0.2
0.16
0.16
0.16
0.2
0.25
0.29
0.51
Basic EPS, GAAP
0.25
0.08
0.21
0.21
0.14
0.1
0.15
0.35
0.55
0.25
0.22
0.08
0.43
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.07
0.08
0.08
0.09
0.1
0.1
0.11
0.11
0.11
0.12
0.12
0.12
0.19
Book Value per Share
1.11
1.09
1.19
1.38
1.45
1.56
1.64
1.9
2.4
2.59
2.78
2.72
2.89
Tangible Book Value per Share
0.92
0.88
0.85
0.96
1.04
1.21
1.33
1.57
1.99
2.16
2.26
2.21
2.44
Basic Weighted Avg Shares
82
128
164
209
260
328
338
341
378
384
387
389
236
Sales/Revenue/Turnover
16
22
26
41
52
66
56
54
62
76
95
114
121
Operating Margin (%)
112.14
78.23
169.41
70.04
77.81
70.12
59.82
57.68
39.46
28.14
29.96
42.91
43.2
Depreciation Expense
4
- -
1
2
1
6
6
5
7
12
16
16
16
Net Income, GAAP
20
10
35
43
36
33
49
120
209
94
83
31
101
Effective Tax Rate (%)
- -
- -
3.27
4.08
2.91
12.64
3.16
0.55
0.63
- -
1.37
3.86
- -
Profit Margin (%)
124.23
46.36
131.43
104.45
69.15
50.3
87.92
223.37
335.36
123.83
87.57
27.64
83.63
Working Capital
4
-2
-1
-4
-7
-10
55
7
3
-18
39
-14
250
LT Debt
94
91
147
165
270
291
297
344
455
607
752
764
829
Total Equity
137
152
208
358
379
526
558
649
917
993
1,071
1,049
1,127
Return on Invested Capital (%)
- -
- -
14.42
6.31
6.69
6.57
3.54
2.69
1.9
- -
1.66
2.62
- -
Return on Capital (%)
- -
- -
13.37
11.53
7.61
5.71
7.01
14.03
18.59
- -
6.09
3.42
- -
Return on Common Equity (%)
15.55
7.02
19.34
15.32
9.79
7.37
9.04
19.83
26.72
9.87
8.02
2.94
9.25

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.21%
12.59%
7.47%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
35.89%
33.5%
221.63%
Sales/Revenue/Turnover
17.91%
17.88%
6.29%
Total Cash Common Dividend
14.26%
4.02%
0.11%

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
95
2025
- -
- -
114
2026
- -
- -
121

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.22
2025
- -
- -
0.08
2026
- -
- -
0.43

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.12
2025
- -
- -
0.12
2026
- -
- -
0.19

Company Description

CEO
David Anthony Bryant
Full Time Employees
260
Sector
Finance
Industry
Real estate investment trusts
Address
2 King Street Deakin ACT Australia 2600
IPO Date
Feb 14, 2014
Business
Rural Funds Group (ASX:RFF) operates as Australia's first listed agricultural real estate investment trust, owning a diversified portfolio of Australian farmland and agricultural assets leased predominantly to corporate and institutional operators; core assets span almonds, macadamias, cattle, cropping, vineyards, and other sectors including poultry and water entitlements, with properties enhanced through productivity improvements, lease indexation, and conversions to higher-value uses. The stapled security comprises Rural Funds Trust (ARSN 112 951 578) and RF Active (ARSN 168 740 805), managed by Rural Funds Management Limited (RFM), which oversees asset acquisition, development, and long-term triple-net leases targeting a weighted average lease expiry of 13 years and 4% annual distribution growth. Established in 1997 with headquarters in Deakin, Australian Capital Territory, the group conducts operations across New South Wales, Queensland, South Australia, Victoria, and Western Australia, serving institutional investors with quarterly distributions from assets generating income in sectors where Australia holds comparative advantages. Recent developments include a 17.3% rise in net property income to $45.5 million for the half-year ended December 31, 2024, driven by rental growth from macadamia expansions; the group secured leases on eight properties valued at $119 million, featuring cropping assets Mayneland and Baamba Plains to TRG JV, extensions for five vineyards with Treasury Wine Estates (ASX:TWE), and the cattle property Cerberus to a private enterprise, alongside completion funding for 3,000 hectares of macadamia projects via an increased syndicated debt facility. Rural Funds Group reaffirmed FY25 forecasts of 11.4 cents per unit adjusted funds from operations and 11.73 cents per unit distributions, matching FY26 guidance, while pursuing asset sales to reduce gearing toward 30-35% and maintaining 79-83% of income from corporate lessees.

Company News

  • Rural Funds Group (RFNDF) Q4 2026 Earnings Call Transcript

  • Rural Funds Group (RFNDF) Q2 2026 Earnings Call Transcript

  • Rural Funds Group (OTC:RFNDF) Short Interest Up 61.7% in October