Nutrien Ltd
NTR
Market Cap$23.65B
Close$
Earnings Call Q3 2024
November 7, 2024 - AI Summary
**Strong Financial Performance**: Nutrien generated adjusted EBITDA of $4.3 billion for the first nine months of 2024, with retail adjusted EBITDA up 10% year-over-year to $1.4 billion, supported by increased downstream earnings and higher upstream fertilizer volumes.
**Potash Sales Volume Guidance Raised**: The company raised its annual potash sales volume guidance to 13.5 to 13.9 million tons due to record sales amid increased global demand and improved production, despite concerns about potential disruptions like the labor situation at Port of Vancouver.
**Optimistic Nitrogen Outlook**: Nitrogen adjusted EBITDA was $1.4 billion, down year-over-year, but expectations for the market remain firm due to tight global supply dynamics. U.S. nitrogen inventories are low, which could drive demand and support price stability moving into 2025.
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$138.19
188.3% upside
Current Fair Value
188.3% upsideUndervalued by 188.3% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $23.65 Billion |
|---|---|
| Enterprise Value | $37.89 Billion |
| Dividend Yield | $2.15 (4.4857083246401%) |
| Earnings per Share | $2.53 |
| Beta | 0.95 |
| Outstanding Shares | 494,743,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 32.35 |
|---|---|
| PEG | -42.57 |
| Price to Sales | 0.9 |
| Price to Book Ratio | 0.96 |
| Enterprise Value to Revenue | 1.42 |
| Enterprise Value to EBIT | 12.92 |
| Enterprise Value to Net Income | 51 |
| Total Debt to Enterprise | 0.39 |
| Debt to Equity | 0.59 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Nutrien Ltd
CEO: Charles Magro