CRP : Ceres Global Ag Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Ceres Global Ag Corp trades with the ticker CRP on the TSX and is in the Food Distribution industry.

Overview
Ceres Global Ag Corp. engages in the procurement and provision of agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics and storage services worldwide. The company operates through Grain, Supply Chain Services, and Seed and Processing segments. The Grain segment engages in the procurement, storage, handling, trading, and merchandising of specialty grains and oilseeds, such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses through its facilities in Minnesota, Manitoba, Saskatchewan, and Ontario. The Supply Chain Services segment provides logistics, storage, and transloading services for commodities and industrial products. The Seed and Processing segment is involved in soybean crushing and seed distribution in western Canada. Ceres Global Ag Corp. was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.
 

Looking to invest in Ceres Global Ag Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

CRP.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $83.954MM

PE Ratio: 10.385

Price: 2.7 (Updated: 3/12/2024 0:47:16)



Ceres Global Ag Corp (CRP) vs Competitors in Food Distribution

Lets see how CRP.TO stacks up against others in the Food Distribution asset management industry. We have identified its main peers as:

Colabor Group Inc

.

Food Distribution Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Ceres Global Ag Corp (CRP) $83.954 10.385 9.841 N/A%
Colabor Group Inc (GCL) $121.363 19.833 5.887 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Food Distribution

  • Ceres Global Ag Corp (CRP) vs Colabor Group Inc (GCL)
    • CRP has higher EPS (0.26 vs 0.06). GCL has a higher P/E ratio (19.833 vs 10.385) indicating it’s more expensive.

Our Recommendation: Hold
Has a lower P/E ratio (10.38) than the industry average (15.11), indicating potential undervaluation.
 

How to Buy CRP stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment