Agroz Inc. (AGRZ) AI Stock Analysis

NASDAQ: AGRZAI research summary: business, growth, valuation, analysts, bull and bear case.

AGRZ AI stock analysis summary

AI Research

Agroz Inc. is an agricultural technology company operating indoor vertical farms in Malaysia, generating trailing twelve months revenue of $73.1M. The company delivered a two-year revenue CAGR of 277.7% through FY2024, but free cash flow remained negative at -$5.9M due to capital expenditures of $6.8M. Following an 81.6% decline year-to-date, the stock trades at $2.84 with a market cap of $5.2M.

Market cap
$5.2M
Revenue (TTM)
$73.1M
P/E
1.9x
1Y return
-97.1%
S&P 500 16.8%
Avg. target
—

Bull case

  • Revenue expanded at a two-year CAGR of 277.7% from FY2022 to FY2024, reaching $40.9M.
  • Trailing twelve months operating margin of 19.6% exceeds the US-listed Consumer Defensive peer median of 9.8%.
  • The stock trades at an EV/EBITDA of 1.5x, well below the peer median of 11.7x.

Bear case

  • Free cash flow was -$5.9M in FY2024 due to $6.8M in capital expenditures.
  • Cash and short-term investments totaled $390,500 as of March 31, 2025, compared to total debt of $5.1M.
  • Quarterly earnings fell 33.8% year-over-year in the quarter ended December 31, 2024.

What Agroz does

Founded in 2020 and based in Petaling Jaya, Malaysia, Agroz Inc. is an investment holding company that operates as a vertically integrated agricultural technology business. The company designs, innovates, develops, builds, operates, and manages commercial-scale and industrial-grade indoor controlled-environment agriculture vertical farms. Its crop portfolio includes green butterhead, red butterhead, green coral, red coral, wild rocket, green kale, and arugula, among other leafy greens, supported by a workforce of 26 employees.

Growth and profitability

Revenue grew from $2.9M in FY2022 to $18.5M in FY2023, representing growth of 544.8%, and reached $40.9M in FY2024, an increase of 121.2%. Gross margin expanded from 9.6% in FY2022 to 44.7% in FY2023 before settling at 36.3% in FY2024. Operating margin moved from -6.9% in FY2022 to 34.2% in FY2023 and 19.6% in FY2024. Net income shifted from -$289,865 in FY2022 to $3.8M in FY2023 and $3.5M in FY2024. For the latest quarter ended December 31, 2024, quarterly revenue grew 30.7% year-over-year, while quarterly earnings declined 33.8% year-over-year.

AGRZ income statement →

Balance sheet and cash flow

As of March 31, 2025, Agroz Inc. held $390,500 in cash and short-term investments against total debt of $5.1M, resulting in net debt of $4.7M. Total assets stood at $51.1M and shareholders' equity was $13.7M, with a current ratio of 1.29 and a debt-to-equity ratio of 0.37. In FY2024, operating cash flow turned positive to $941,271, but free cash flow stood at -$5.9M after funding capital expenditures of $6.8M.

AGRZ balance sheet →

Valuation and performance

Agroz Inc. trades at a trailing P/E of 1.9x, compared to 18.6x for the median of its US-listed Consumer Defensive peers. Its price-to-sales multiple is 0.1x, below the peer median of 0.7x, while its EV/EBITDA is 1.5x versus the peer median of 11.7x. The company's enterprise value is $5.6M against a market cap of $5.2M. Over the past year, the stock fell 97.1%, while the S&P 500 (SPY) returned 16.8%. The shares trade 61.1% below their 200-day average.

AGRZ key metrics →

What analysts expect

Agroz Inc. has no published Wall Street analyst ratings, consensus price targets, or forward earnings estimates. The company reported trailing twelve months diluted earnings per share of $1.49. Insider ownership stands at 27.6%, while institutional investors hold 0.5% of shares. Short interest accounts for 2.4% of the float. The stock last closed at $2.84 on October 16, 2026, down from a 52-week high of $144.00.

Key risks and what to watch

  • A cash reserve of $390,500 relative to net debt of $4.7M presents liquidity risks as vertical farm operations expand.
  • The stock fell 97.1% over the past year, declining from a 52-week high of $144.00 to $2.84.
  • Quarterly earnings contracted by 33.8% in the latest quarter ended December 31, 2024, despite 30.7% revenue growth.
  • FY2024 capital expenditures of $6.8M significantly outpaced operating cash flow of $941,271.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this AGRZ AI stock analysis

This page is an AI-written research summary of Agroz Inc. (AGRZ). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: AGRZ income statement, AGRZ balance sheet, AGRZ key metrics, AGRZ chart. See the AGRZ stock overview for the latest quote and news.

AGRZ AI stock analysis FAQ

What does Agroz Inc. do?

Agroz Inc. is an agricultural technology company based in Petaling Jaya, Malaysia. It designs, builds, and operates commercial-scale indoor controlled-environment agriculture vertical farms growing produce such as green butterhead, kale, and arugula.

What is AGRZ's valuation compared to peers?

Agroz Inc. trades at a trailing P/E of 1.9x and an EV/EBITDA of 1.5x, compared to medians of 18.6x and 11.7x for its US-listed Consumer Defensive peers. Its price-to-sales ratio is 0.1x against the peer median of 0.7x.

How fast is Agroz Inc. growing?

Revenue increased by 121.2% to $40.9M in FY2024, achieving a two-year revenue CAGR of 277.7% from FY2022. Trailing twelve months revenue reached $73.1M, with quarterly revenue rising 30.7% in the quarter ended December 31, 2024.

Does Agroz Inc. generate positive free cash flow?

In FY2024, operating cash flow turned positive at $941,271, up from -$3.4M in FY2023. However, free cash flow remained negative at -$5.9M due to $6.8M in capital expenditures.

What is the ownership structure of Agroz Inc.?

Insiders hold 27.6% of Agroz Inc., while institutional investors own 0.5%. Short interest represents 2.4% of the float.

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