Tearsheet

Bioceres Crop Solutions (BIOX)


Market Price (11/18/2025): $1.575 | Market Cap: $98.9 Mil
Sector: Materials | Industry: Fertilizers & Agricultural Chemicals

Bioceres Crop Solutions (BIOX)


Market Price (11/18/2025): $1.575
Market Cap: $98.9 Mil
Sector: Materials
Industry: Fertilizers & Agricultural Chemicals

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%
Weak multi-year price returns
2Y Excs Rtn is -137%, 3Y Excs Rtn is -158%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 242%
1 Attractive yield
FCF Yield is 29%
  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg QQuarterly Revenue Change % is -29%
2 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Sustainable Resource Management. Themes include Gene Editing, Resource Efficiency Solutions, Show more.
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -14%
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%
1 Attractive yield
FCF Yield is 29%
2 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Sustainable Resource Management. Themes include Gene Editing, Resource Efficiency Solutions, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -137%, 3Y Excs Rtn is -158%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 242%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -14%, Rev Chg QQuarterly Revenue Change % is -29%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -14%

Market Valuation & Key Metrics

BIOX Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points explaining the -54.8% stock movement for Bioceres Crop Solutions (BIOX) between July 31, 2025, and November 18, 2025: 1. Weaker-than-expected financial results for the fourth quarter of fiscal year 2025 and the first quarter of fiscal year 2026.

Bioceres Crop Solutions reported a substantial net loss of US$48.0 million for the fourth quarter ended June 30, 2025, and a net loss of US$7.5 million for the fiscal first quarter ended September 30, 2025, both significantly impacting investor confidence. 2. Significant revenue declines falling short of market expectations.

Total revenues for Q4 2025 were US$74.7 million, a 40% year-over-year decrease, and for Q1 2026, total revenues were US$77.5 million, a 17% year-over-year decline and 26.19% below forecasts. These declines were primarily attributed to weaker demand in Argentina and lower HB4-related sales, compounded by a strategic reduction from the seed model transition and the pruning of low-margin products.

Show more

Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
BIOX Return23%128%-15%14%-56%-75%-69%
Peers Return6%49%6%-22%-3%-3%24%
S&P 500 Return16%27%-19%24%23%13%107%

Monthly Win Rates [3]
BIOX Win Rate67%58%42%50%8%40% 
Peers Win Rate53%60%55%40%52%52% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
BIOX Max Drawdown-11%-1%-33%-18%-56%-79% 
Peers Max Drawdown-49%-6%-13%-36%-17%-19% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: CF, FMC, IPI, CTVA, NTR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/17/2025 (YTD)

How Low Can It Go

Unique KeyEventBIOXS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-41.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven69.5%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-29.2%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven41.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven168 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-59.4%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven146.3%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven669 days120 days

Compare to CF, FMC, IPI, CTVA, NTR


In The Past

Bioceres Crop Solutions's stock fell -41.0% during the 2022 Inflation Shock from a high on 11/17/2021. A -41.0% loss requires a 69.5% gain to breakeven.

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Asset Allocation

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About Bioceres Crop Solutions (BIOX)

Better Bets than Bioceres Crop Solutions (BIOX)

Latest Trefis Analyses

Title
0ARTICLES

Trade Ideas

Select past ideas related to BIOX. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ATR_10312025_Dip_Buyer_ValueBuy10312025ATRAptarGroupDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
2.2%2.2%-2.5%
SLGN_10312025_Dip_Buyer_ValueBuy10312025SLGNSilganDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-1.6%-1.6%-1.6%
TGLS_10242025_Dip_Buyer_ValueBuy10242025TGLSTecnoglassDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-25.1%-25.1%-25.2%
NEM_10242025_Quality_Momentum_RoomToRun_10%10242025NEMNewmontQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
5.3%5.3%-5.7%
RGLD_10242025_Quality_Momentum_RoomToRun_10%10242025RGLDRoyal GoldQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
1.8%1.8%-7.3%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ATR_10312025_Dip_Buyer_ValueBuy10312025ATRAptarGroupDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
2.2%2.2%-2.5%
SLGN_10312025_Dip_Buyer_ValueBuy10312025SLGNSilganDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-1.6%-1.6%-1.6%
TGLS_10242025_Dip_Buyer_ValueBuy10242025TGLSTecnoglassDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-25.1%-25.1%-25.2%
NEM_10242025_Quality_Momentum_RoomToRun_10%10242025NEMNewmontQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
5.3%5.3%-5.7%
RGLD_10242025_Quality_Momentum_RoomToRun_10%10242025RGLDRoyal GoldQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
1.8%1.8%-7.3%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Bioceres Crop Solutions

Financials

BIOXCFFMCIPICTVANTRMedian
NameBioceres.CF Indus.FMC Intrepid.Corteva Nutrien  
Mkt Price1.5480.6912.9524.9663.8856.9940.98
Mkt Cap0.113.01.60.343.427.77.3
Rev LTM3836,7363,60827817,46926,6245,172
Op Inc LTM172,09743372,7163,5781,265
FCF LTM281,710-409282,6692,132869
FCF 3Y Avg11,574-4091,4212,449715
CFO LTM462,633-318543,2194,1531,344
CFO 3Y Avg212,60962611,9904,7891,026

Growth & Margins

BIOXCFFMCIPICTVANTRMedian
NameBioceres.CF Indus.FMC Intrepid.Corteva Nutrien  
Rev Chg LTM-14.0%12.6%-13.4%8.9%5.0%0.3%2.6%
Rev Chg 3Y Avg9.4%-13.5%-13.6%-6.1%0.8%-10.6%-8.3%
Rev Chg Q-29.1%21.1%-49.1%-7.5%12.6%12.3%2.4%
QoQ Delta Rev Chg LTM-6.0%4.5%-12.7%-1.5%1.7%2.5%0.1%
Op Mgn LTM4.4%31.1%12.0%2.5%15.5%13.4%12.7%
Op Mgn 3Y Avg8.9%33.2%15.4%1.6%13.0%13.7%13.4%
QoQ Delta Op Mgn LTM-4.3%1.9%-4.8%0.9%0.9%2.0%0.9%
CFO/Rev LTM12.1%39.1%-8.8%19.6%18.4%15.6%17.0%
CFO/Rev 3Y Avg5.2%38.5%1.2%22.3%11.6%17.0%14.3%
FCF/Rev LTM7.3%25.4%-11.3%10.0%15.3%8.0%9.0%
FCF/Rev 3Y Avg0.4%22.3%-1.2%3.7%8.3%8.7%6.0%

Valuation

BIOXCFFMCIPICTVANTRMedian
NameBioceres.CF Indus.FMC Intrepid.Corteva Nutrien  
Mkt Cap0.113.01.60.343.427.77.3
P/S0.31.90.41.22.51.01.1
P/EBIT13.95.9736.91,236.717.38.615.6
P/E-10.79.4-3.0-1.727.015.33.9
P/CFO2.14.9-5.16.013.56.75.5
Total Yield-9.4%13.2%-24.0%-60.1%4.0%10.4%-2.7%
Dividend Yield0.0%2.6%9.0%0.0%0.3%3.8%1.4%
FCF Yield 3Y Avg2.2%10.1%-2.1%2.3%3.2%9.0%2.8%
D/E2.80.32.80.00.10.50.4
Net D/E2.40.12.5-0.20.00.50.3

Returns

BIOXCFFMCIPICTVANTRMedian
NameBioceres.CF Indus.FMC Intrepid.Corteva Nutrien  
1M Rtn-9.1%-2.8%-56.0%-8.8%4.0%-0.7%-5.8%
3M Rtn-48.5%-3.9%-65.3%-11.7%-11.4%1.5%-11.5%
6M Rtn-67.5%-6.8%-66.6%-30.5%-6.7%0.2%-18.6%
12M Rtn-75.0%-5.1%-74.8%-8.1%16.9%28.7%-6.6%
3Y Rtn-88.4%-14.6%-88.6%-28.7%1.0%-17.0%-22.9%
1M Excs Rtn-9.2%-2.9%-56.1%-9.0%3.9%-0.9%-5.9%
3M Excs Rtn-51.7%-7.4%-69.9%-13.7%-15.6%-2.8%-14.6%
6M Excs Rtn-79.4%-18.7%-78.5%-42.3%-18.6%-11.7%-30.5%
12M Excs Rtn-88.9%-13.9%-86.9%-20.4%0.5%15.5%-17.2%
3Y Excs Rtn-158.0%-88.6%-157.1%-98.5%-70.4%-87.1%-93.6%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date10312025
Short Interest: Shares Quantity926,526
Short Interest: % Change Since 1015202536.3%
Average Daily Volume1,430,453
Days-to-Cover Short Interest1
Basic Shares Quantity62,785,880
Short % of Basic Shares1.5%

SEC Filings

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Report DateFiling DateFiling
331202562020256-K 3/31/2025
1231202422820256-K 12/31/2024
9302024112720246-K 9/30/2024
63020241030202420-F 6/30/2024
331202452920246-K 3/31/2024
1231202322820246-K 12/31/2023
9302023112920236-K 9/30/2023
63020231114202320-F 6/30/2023
331202352420236-K 3/31/2023
1231202222820236-K 12/31/2022
9302022112920226-K 9/30/2022
63020221028202220-F 6/30/2022
331202252720226-K 3/31/2022
1231202122520226-K 12/31/2021
9302021113020216-K 9/30/2021
63020211029202120-F 6/30/2021

Insider Activity

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