Professional
Added to YB: 2024-05-20
Pitch date: 2024-03-31
ADM [bullish]
Archer-Daniels-Midland Company
+17.25%
current return
Author Info
No bio for this author
Company Info
Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions.
Market Cap
$33.4B
Pitch Price
$58.73
Price Target
N/A
Dividend
2.99%
EV/EBITDA
12.70
P/E
31.21
EV/Sales
0.51
Sector
Food Products
Category
value
Diamond Hill Mid Cap Strategy Portfolio Holding: Archer-Daniels-Midland Company
ADM sold off on CFO leave & SEC probe of nutrition segment reporting issues. 2018-23 inter-segment operating profit restated in 10-K, but consolidated financials unaffected. Despite developments, still see value at current levels given strong underlying business fundamentals.
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