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Rural Funds Group is an agricultural Real Estate Investment Trust. The firm owns a diversified portfolio of Australian agricultural assets. The firm's strategy is to generate capital growth and income from developing and leasing agricultural assets. The firm targets distribution growth of 4% per annum. Distributions are paid quarterly. The firm is a stapled security, incorporating Rural Funds Trust and RF Active. Rural Funds Group was incorporated in Australia.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Rural Funds Group is an Australian agricultural real estate investment trust that owns and leases farmland, water entitlements and related infrastructure across multiple states. Long-term growth drivers include rising global food demand, potential appreciation of land and water assets, and recurring cashflow from long-term leases, which may support stable distributions for investors.
Key risks include climate and biosecurity impacts on asset productivity, exposure to water entitlement price and regulatory changes, tenant concentration and leasing execution risk, and sensitivity to interest rates and valuation cycles.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Income before tax | 113.66M | 27.12M | 81.56M | 94.17M | 210.46M |
| Minority interest | -13.66M | 5.38M | 2.81M | - | - |
| Net income | 114.83M | 31.46M | 83.25M | 94.50M | 209.14M |
| Selling general administrative | - | 10.84M | 9.98M | 8.56M | 0.03M |
| Gross profit | 79.59M | 87.04M | 67.95M | 72.83M | 64.75M |
| Reconciled depreciation | 16.02M | 15.79M | 15.76M | 12.42M | 7.17M |
| Ebit | 146.14M | 54.92M | 37.88M | 115.10M | 223.62M |
| Ebitda | 162.79M | 70.72M | 53.91M | 127.52M | 230.79M |
| Depreciation and amortization | 16.64M | 15.79M | 16.03M | 12.42M | 7.17M |
| Operating income | 61.79M | 48.84M | 28.48M | 42.47M | 51.69M |
| Other operating expenses | 78.71M | 64.98M | 66.58M | 4.03M | 84.46M |
| Interest expense | 32.48M | 27.80M | 6.96M | 17.28M | 11.19M |
| Tax provision | -1.17M | 1.05M | 1.12M | -0.33M | 1.33M |
| Interest income | 17.54M | 14.99M | 14.70M | 0.39M | 0.05M |
| Net interest income | -14.95M | -12.81M | -5.86M | -16.89M | -11.14M |
| Income tax expense | -1.17M | 1.05M | 1.12M | -0.33M | 1.33M |
| Total revenue | 140.50M | 113.82M | 95.06M | 94.61M | 81.82M |
| Total operating expenses | 17.80M | 38.21M | 39.47M | 33.05M | 20.69M |
| Cost of revenue | 60.90M | 26.78M | 27.11M | 21.78M | 17.06M |
| Total other income expense net | 51.88M | -21.71M | 53.08M | 71.28M | 177.54M |
| Net income from continuing ops | 114.83M | 26.08M | 80.44M | 94.50M | 209.14M |
| Net income applicable to common shares | - | 26.08M | 80.44M | 94.50M | 206.81M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Total assets | 2042.66M | 1911.72M | 1903.98M | 1671.01M | 1403.83M |
| Intangible assets | 174.14M | 199.00M | 201.72M | 166.99M | 157.68M |
| Other current assets | 0.29M | 0.04M | -33.05M | 2.12M | 3.67M |
| Total liab | 915.43M | 862.84M | 832.66M | 677.85M | 486.82M |
| Total stockholder equity | 1127.23M | 1061.10M | 1071.32M | 997.38M | 917.01M |
| Other current liab | - | - | 15.12M | 14.88M | 15.36M |
| Common stock | 426.35M | - | 431.50M | 459.08M | 471.80M |
| Capital stock | 419.33M | 409.01M | 424.53M | 459.08M | 471.80M |
| Retained earnings | 591.13M | 550.90M | 532.84M | 468.03M | 395.80M |
| Other liab | - | - | - | 17.44M | 10.84M |
| Other assets | - | - | 2.77M | 42.96M | 126.37M |
| Cash | 6.12M | 7.91M | 7.24M | 5.75M | 4.96M |
| Total current liabilities | 33.55M | 71.62M | 55.94M | 52.95M | 20.88M |
| Current deferred revenue | - | - | 0.51M | 0.97M | 0.66M |
| Net debt | 856.32M | 803.14M | 780.50M | 634.86M | 452.86M |
| Short term debt | 33.55M | - | 35.99M | 33.15M | 2.72M |
| Short long term debt | 33.55M | 46.98M | 35.99M | 33.15M | 2.72M |
| Short long term debt total | 862.44M | - | 787.74M | 640.61M | 457.82M |
| Other stockholder equity | - | - | - | 70.27M | 49.42M |
| Property plant equipment | - | - | - | 171.25M | 1062.43M |
| Total current assets | 102.45M | 57.62M | 94.59M | 34.57M | 23.66M |
| Long term investments | 132.32M | 140.73M | 112.86M | 102.49M | 97.73M |
| Net tangible assets | - | - | - | 830.39M | 759.33M |
| Short term investments | 20.48M | 1.00M | - | - | - |
| Net receivables | 75.84M | 11.96M | 25.81M | 10.55M | 6.74M |
| Long term debt | 828.89M | 764.07M | 751.75M | 607.46M | 455.10M |
| Inventory | 17.23M | 13.76M | 15.13M | 16.15M | 8.28M |
| Accounts payable | 12.87M | 8.86M | 4.32M | 3.94M | 2.14M |
| Accumulated other comprehensive income | 109.75M | - | 106.98M | 70.27M | 49.42M |
| Non currrent assets other | 233.15M | 3.97M | 1211.43M | 977.10M | 28.64M |
| Non current assets total | 1940.21M | 1854.11M | 1806.62M | 1636.44M | 1380.17M |
| Long term debt total | - | - | - | 607.46M | 455.10M |
| Breakdown | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
| Investments | -55.41M | -35.74M | -138.25M | -172.03M | 12.84M |
| Change to liabilities | - | - | - | 7.95M | 2.45M |
| Total cashflows from investing activities | -49.59M | -35.74M | -138.25M | -172.07M | -215.41M |
| Net borrowings | 51.33M | 23.31M | 147.14M | 182.79M | 111.08M |
| Total cash from financing activities | 5.71M | -19.32M | 108.15M | 143.61M | 171.07M |
| Change to operating activities | - | - | - | -5.69M | -2.06M |
| Net income | 114.83M | 31.46M | 80.44M | 94.50M | 209.14M |
| Change in cash | -1.79M | 0.67M | 1.49M | 0.79M | -6.69M |
| Begin period cash flow | 7.91M | 7.24M | 5.75M | 4.96M | 11.65M |
| End period cash flow | 6.12M | 7.91M | 7.24M | 5.75M | 4.96M |
| Total cash from operating activities | 42.09M | 55.73M | 31.58M | 29.25M | 37.66M |
| Issuance of capital stock | - | 2.94M | 6.42M | 5.67M | 103.04M |
| Depreciation | 16.64M | - | 16.03M | 12.63M | 7.37M |
| Other cashflows from investing activities | 59.52M | 46.83M | -13.99M | 0.53M | -23.23M |
| Dividends paid | 45.62M | 45.57M | 45.41M | 44.85M | 43.04M |
| Change to inventory | -3.52M | 0.44M | -0.37M | -1.40M | -0.46M |
| Change to account receivables | -1.90M | 1.48M | -9.99M | -3.66M | -1.80M |
| Sale purchase of stock | - | 2.94M | 6.42M | -188.46M | -214.11M |
| Other cashflows from financing activities | - | - | -138.25M | -172.07M | -215.41M |
| Change to netincome | - | - | - | -92.65M | -174.03M |
| Capital expenditures | 26.39M | 42.04M | 54.91M | 37.38M | 96.55M |
| Change in working capital | 4.19M | 19.09M | -1.71M | -2.72M | -1.87M |
| Stock based compensation | - | - | - | - | -15.20M |
| Other non cash items | -93.58M | 36.65M | 17.26M | -75.15M | -162.53M |
| Free cash flow | 15.70M | 13.69M | -23.27M | -8.13M | -58.89M |
Sector: Real Estate Industry: REIT - Specialty
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| RFF Rural Funds Group |
0.01 0.51% |
1.97 | 7.54 | 16.67 | 5.40 | 0.67 | 13.14 | 9.80 |
| WPR Waypoint REIT |
0.01 0.43% |
2.33 | 12.21 | 12.58 | 18.92 | 0.78 | 14.81 | 13.21 |
| DGT Digico Infrastructure REIT |
-0.13 5.08% |
2.43 | - | 18.15 | 6.26 | 0.57 | 18.86 | - |
| ARF Arena REIT |
0.01 0.35% |
2.83 | 8.55 | 13.23 | 9.83 | 0.86 | 13.90 | 10.82 |
| CQE Charter Hall Social Infrastructure REIT |
0.02 0.76% |
2.65 | 10.58 | 13.66 | 7.99 | 0.66 | 14.25 | 12.83 |
Rural Funds Group is an agricultural Real Estate Investment Trust. The firm owns a diversified portfolio of Australian agricultural assets. The firm's strategy is to generate capital growth and income from developing and leasing agricultural assets. The firm targets distribution growth of 4% per annum. Distributions are paid quarterly. The firm is a stapled security, incorporating Rural Funds Trust and RF Active. Rural Funds Group was incorporated in Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. David Anthony Bryant | MD & Director of Rural Funds Management Limited | NA |
| Mr. Daniel Yap | Chief Financial Officer of Rural Funds Management Limited | NA |
| Mr. Tim Sheridan | Chief Operating Officer of Rural Funds Management Ltd. | NA |
| Mr. James Powell | Gen. Mang. of IR, Corp. Affairs & Sustainability - Rural Funds Management Ltd. | NA |
| Sandra McBryde | Compliance Mang. of Rural Funds Management Limited | NA |
| Craig Hall | Communications Mang. of Rural Funds Management Limited | NA |
| Kristina Smith | National Mang. of People & Safety - Rural Funds Management Limited | NA |
| Ms. Emma Spear | National Mang. of Operations & Company Sec. of Rural Funds Management Limited | NA |
| Mr. James Powell | General Manager of IR, Corporate Affairs & Sustainability - Rural Funds Management Ltd. | NA |
| Ms. Emma Spear | National Manager of Transactions & Legal of Rural Funds Management Limited | NA |
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