Adecoagro SA (AGRO) is overvalued and Del Monte Corp (DMC) is slightly undervalued.
Against our estimates of intrinsic value, DMC trades at the wider discount: a margin of safety of +12%, against -50% for AGRO.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 6.8% values the shares at $7.30; the price of $10.93 is 50% above that value.
Leak Score 0/100 on 3 of 12 signals
Discounting its cash flows at 7.1% (average of 3 methods) values the shares at $35.85; the price of $31.56 is 12% below that value, and 82% of that value comes from beyond year five.
Leak Score 63/100 on 10 of 12 signals
| Metric | AGRO | DMC |
|---|---|---|
| Verdict | Overvalued | Slightly undervalued |
| Price | $10.93 | $31.56 |
| Intrinsic value | $7.30 | $35.85 |
| Margin of safety | -50% | +12% |
| Leak Score | 0/100 (3/12) | 63/100 (10/12) |
| Market cap | $1.6B | $1.5B |
| Revenue growth, 5 years | 12.1% | 0.6% |
| Operating margin | 1.9% | 3.8% |
| Net margin | 3.1% | 0.8% |
| Return on equity | 3.2% | 1.7% |
| Debt to equity | 1.34 | 0.30 |
| P/E | 34.2x | 44.3x |
| Forward P/E | 9.2x | 10.0x |
| P/B | 0.9x | 0.7x |
| Dividend yield | 2.0% | 3.8% |