Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria stock: fair value
CRESYThe fair value of Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria under our model is $13.32, the price is 33% below.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $9.51 and expensive above $22.20 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $0.24 (cash-flow model) and $26.40 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 19.8%. At 20.8% the fair value would be $13.31, at 18.8% it would be $13.32.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (20.9).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 3.8%. Discounted at 19.8% (government bond yield 3.8% plus beta 1.15 times a risk premium of 13.9%); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $0.24 per share: free cash flow for the next ten years, each year discounted to today at 19.8%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 19.8%) |
|---|---|---|---|---|
| 2027 | ARS 10.11B | extrapolated at −43.6% | 0.8344 | ARS 8.44B |
| 2028 | ARS 7.14B | extrapolated at −29.3% | 0.6963 | ARS 4.97B |
| 2029 | ARS 5.76B | extrapolated at −19.4% | 0.5810 | ARS 3.35B |
| 2030 | ARS 5.04B | extrapolated at −12.4% | 0.4848 | ARS 2.44B |
| 2031 | ARS 4.66B | extrapolated at −7.6% | 0.4045 | ARS 1.89B |
| 2032 | ARS 4.47B | extrapolated at −4.1% | 0.3376 | ARS 1.51B |
| 2033 | ARS 4.39B | extrapolated at −1.8% | 0.2817 | ARS 1.24B |
| 2034 | ARS 4.39B | extrapolated at −0.1% | 0.2350 | ARS 1.03B |
| 2035 | ARS 4.44B | extrapolated at 1.1% | 0.1961 | ARS 869.91M |
| 2036 | ARS 4.52B | extrapolated at 1.9% | 0.1636 | ARS 739.79M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | ARS 26.47B |
| Terminal value: cash flow 2036 × (1 + 3.8%) / (19.8% − 3.8%) | ARS 29.31B |
| Present value of terminal value (× 0.1636) | ARS 4.8B |
| Equity value (sum plus present value of terminal value) | ARS 31.27B |
| Shares (diluted) | 70.69M |
| Value per share (equity value divided by shares) | ARS 442.37 |
| Per share as traded (converted ÷ 1,876) | $0.24 |
| Earnings per share, last twelve months | $1.26 |
| × 20.9 (industry P/E) | $26.40 |
| Fair value (average of both parts) | $13.32 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Jun 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 10 Nov 2026, previously Weak
- Valuation signal Undervalued since 10 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.