Adecoagro S.A. AGRO

Competitive advantage analysis · consumer-defensive

Corporate Default
Overall moat score
62/100
Moderate

Ranked against 28 peers in Farm Products

About Adecoagro S.A.

Adecoagro S.A., engages in agricultural and agro-industrial activities in Argentina, Brazil, Chile, and Uruguay. The company operates through two segments, Farming; and Sugar, Ethanol, and Energy. The company is involved in the production of a range of agricultural commodities, including soybean, corn, wheat, peanut, sunflower, cotton, and others; planting, harvesting, processing, and marketing of white, brown, and rough rice; genetic … Full AGRO analysis →

Key strengths

  • Margins Consistently Above Peers Gross margin at 24.6% (top 11%) and operating margin at 6.6% (top 11%) indicate strong pricing power.
  • Revenue Growth Consistent Revenue growth volatility is low (stability score 0.70), suggesting sticky customer base.

Key risks

  • Elevated Debt Risk Debt serviceability is weak (score 0.37), raising refinancing risk.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Moderate
70
Premium

Signals, strengths and risks for Pricing Power

Premium

Signals, strengths and risks for Cost Advantage

Premium

Signals, strengths and risks for Customer Stickiness

Premium

Signals, strengths and risks for Capital Efficiency

Premium

Signals, strengths and risks for Resilience

Premium

Signals, strengths and risks for Scale & Market Position

Where AGRO ranks in Farm Products

Adecoagro S.A. ranks #8 of 29 scored companies in Farm Products by moat score — the top 28%. The widest moat in the group is Smithfield Foods, Inc. (SFD) at 80/100.

# Company Moat score Rating
4 Fresh Del Monte Produce, Inc. FDP 76/100 Strong
5 Village Farms International, In VFF 74/100 Moderate
6 Archer-Daniels-Midland Company ADM 64/100 Moderate
7 Dole plc DOLE 63/100 Moderate
8 Adecoagro S.A. AGRO 62/100 Moderate
9 CHS Inc CHSCM 61/100 Moderate
10 CHS Inc - Preferred CHSCN 61/100 Moderate
11 CHS Inc CHSCO 61/100 Moderate
12 CHS Inc - 8% Cumulative Redeem CHSCP 61/100 Moderate

See every General Corporate company ranked by moat score →

How AGRO scores on the Corporate Default defenses

Pricing Power

Score 70 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 76 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 79 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 37 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 52 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 60 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding AGRO's moat

What is Adecoagro S.A.'s moat score?

Adecoagro S.A. (AGRO) scores 62 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #8 of 29 scored companies in Farm Products, the top 28%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 28 companies in Farm Products. Its strongest defense is Customer Stickiness (79/100) and its weakest is Capital Efficiency (37/100).

How does Adecoagro S.A. compare with other Farm Products companies?

Adecoagro S.A. ranks #8 of 29 scored companies in Farm Products by moat score. The widest moat in Farm Products is Smithfield Foods, Inc. (SFD) at 80/100. The companies ranked closest are Dole plc (DOLE) at 63 just above it and CHS Inc (CHSCM) at 61 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 28 companies in Farm Products. The defenses are then weighted to produce the overall score out of 100.

Why is Adecoagro S.A. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Adecoagro S.A.?

The Corporate Default template measures 6 defenses, and AGRO scores: Pricing Power (70), Cost Advantage (76), Customer Stickiness (79), Capital Efficiency (37), Resilience (52), Scale & Market Position (60). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

Send Feedback
Please select a category.
0/1000