Corteva Inc
CTVA
Market Cap$42.78B
Close$
Earnings Call Q1 2025
May 8, 2025 - AI Summary
Financial Performance & Growth:
- Corteva Agriscience reported a 15% year-over-year increase in Q1 EBITDA, achieving nearly 400 basis points of margin expansion, attributed to operational excellence across its three growth platforms: Biologicals, crop protection (CP) new products, and seed out-licensing.
- The company's seed business organic sales rose 2%, while crop protection sales increased by 3%, indicating strong demand despite some price pressure.
Reaffirmed Guidance & Adjustments:
- Full-year EBITDA guidance has been reaffirmed at approximately $3.7 billion, with expectations for high single-digit volume gains diluted slightly by low single-digit pricing headwinds in crop protection. Q1 performance exceeded expectations, contributing to a more optimistic outlook for the first half of the year.
Tariff Impact:
- Corteva estimates a manageable direct cost impact of about $50 million due to tariffs, which is not reflected in the full-year guidance range. The company has actionable plans to mitigate further impacts, emphasizing a focus on transparency and monitoring evolving trade policies.
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$59.32
11.3% downside
Current Fair Value
11.3% downsideOvervalued by 11.3% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $42.78 Billion |
|---|---|
| Enterprise Value | $45.87 Billion |
| Dividend Yield | $0.67 (1.06977486827399%) |
| Earnings per Share | $1.3 |
| Beta | 0.73 |
| Outstanding Shares | 687,300,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 47.46 |
|---|---|
| PEG | 75.05 |
| Price to Sales | 2.79 |
| Price to Book Ratio | 1.97 |
| Enterprise Value to Revenue | 2.76 |
| Enterprise Value to EBIT | 32.35 |
| Enterprise Value to Net Income | 65 |
| Total Debt to Enterprise | 0.14 |
| Debt to Equity | 0.26 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Corteva Inc
21,000 employees
CEO: James Collins Corteva Agriscience is a publicly traded, global pure-play agriculture company that provides farmers around the world with the most complete portfolio in the industry - including a balanced and diverse mix of seed, crop protection and di...