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Corteva Inc
NYSE:CTVA

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Corteva Inc Logo
Corteva Inc
NYSE:CTVA
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Price: 56.84 USD +0.05% Market Closed
Updated: Mar 25, 2023

Intrinsic Value

The intrinsic value of one CTVA stock under the Base Case scenario is 63.78 USD. Compared to the current market price of 56.84 USD, Corteva Inc is Undervalued by 11%.

The Intrinsic Value is calculated as the average of the two valuation methods:

CTVA Intrinsic Value
Base Case
63.78 USD
Undervaluation 11%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

CTVA Profitability Score
Profitability Due Diligence

Corteva Inc's profitability score is 50/100. The higher the profitability score, the more profitable the company is.

Low 3-Year Average ROIC
Low 3-Year Average ROE
Positive Net Income
Low ROE
50/100
Profitability
Score

Corteva Inc's profitability score is 50/100. The higher the profitability score, the more profitable the company is.

CTVA Solvency Score
Solvency Due Diligence

Corteva Inc's solvency score is 75/100. The higher the solvency score, the more solvent the company is.

Average Altman Z-Score
Short-Term Liabilities
Long-Term Liabilities
Negative Net Debt
75/100
Solvency
Score

Corteva Inc's solvency score is 75/100. The higher the solvency score, the more solvent the company is.

Financials

Balance Sheet Decomposition
Corteva Inc

Current Assets 16.8B
Cash & Short-Term Investments 3.3B
Receivables 5.7B
Other Current Assets 7.8B
Non-Current Assets 25.8B
Long-Term Investments 102M
PP&E 4.3B
Intangibles 19.3B
Other Non-Current Assets 2.2B
Current Liabilities 10.7B
Accounts Payable 4.9B
Accrued Liabilities 2.3B
Short-Term Debt 23M
Other Current Liabilities 3.6B
Non-Current Liabilities 6.6B
Long-Term Debt 1.3B
Other Non-Current Liabilities 5.3B
Efficiency
40%
Gross Margin
11%
Operating Margin
7%
Net Margin
2%
FCF Margin
Other

CTVA Capital Structure
Corteva Inc

Market Capitalization 40.6B USD
Total Debt 1.3B USD
Minority Interest 239M USD
Preferred Equity 0 USD
Cash and Equivalents 3.2B USD
Short-Term Investments 124M USD
Enterprise Value 38.8B USD

Wall St
Price Targets

CTVA Price Targets Summary
Corteva Inc

Wall Street analysts forecast CTVA stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CTVA is 74.16 USD with a low forecast of 60.6 USD and a high forecast of 91.35 USD.

Lowest
Price Target
60.6 USD
7% Upside
Average
Price Target
74.16 USD
30% Upside
Highest
Price Target
91.35 USD
61% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

CTVA Competitors
Corteva Inc

CTVA Suppliers & Customers
Corteva Inc

Suppliers Map
Customers Map

Ownership

CTVA Insider Trading
Buy and sell transactions by insiders

Corteva Inc insiders have only bought shares in the past 12 months.

During the last 12 months Corteva Inc insiders bought 2.4M USD , and have not sold any shares. The last transaction was made on Mar 25, 2023 by Magro Charles V. (Chief Executive Officer), who bought 2.4M USD worth of CTVA shares.

Sold
0-3
months
0 USD
0
3-6
months
0 USD
0
6-9
months
0 USD
0
9-12
months
0 USD
0
Bought
0-3
months
1
2.4M USD
3-6
months
No Insider Transactions
0
0 USD
6-9
months
No Insider Transactions
0
0 USD
9-12
months
No Insider Transactions
0
0 USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
N/A
2.4M USD
2.4M
6 Months
N/A
2.4M USD
2.4M
9 Months
N/A
2.4M USD
2.4M
12 Months
N/A
2.4M USD
2.4M
Purchases
24
Sales
7
No transactions found
Why is insider trading important?

Shareholder Return

CTVA Return Decomposition
Main factors of price return

Market capitalization of CTVA shares increased by 105.28% over the past 5 years. The primary factor behind the change was an increase in P/E multiple from 10.3 to 35.4, leading to a growth in the market capitalization of Corteva Inc by 181.22%.

Market capitalization of CTVA shares increased by 105.28% over the past 5 years. The primary factor behind the change was an increase in P/E multiple from 10.3 to 35.4, leading to a growth in the market capitalization of Corteva Inc by 181.22%.

+105.28%
19.8B 40.6B
Market Cap Growth
+181.22%
10.3 35.4
P/E Change
-75.95%
1.9B 1.1B
Earnings Growth
Market Cap Growth
+105.28%
P/E Change
+181.22%
Earnings Growth
-75.95%
What is price return decomposition?

CTVA Price
Corteva Inc

1M 1M
-8%
6M 6M
-1%
1Y 1Y
-4%
3Y 3Y
+151%
5Y 5Y
+106%
Annual Price Range
56.84
52w Low
50.8
52w High
67.31
Price Metrics
Average Annual Return 19.93%
Standard Deviation of Annual Returns 18.29%
Max Drawdown -34%
Shares Statistics
Market Capitalization 40.6B USD
Shares Outstanding 714 700 000
Percentage of Shares Shorted 1.15%

Company Profile

Corteva Inc Logo
Corteva Inc

Country

United States of America

Industry

Chemicals

Market Cap

40.6B USD

Dividend Yield

1.02%

Description

Corteva, Inc. is a global provider of seed and crop protection solutions focused on the agriculture industry and contributing to food supply. The company is headquartered in Indianapolis, Indiana and currently employs 21,000 full-time employees. The company went IPO on 2019-05-24. Its seed segment is engaged in developing and supplying germplasm and traits that produce optimum yields for farms around the world. This segment offers trait technologies that improve resistance to weather, disease, insects and herbicides used to control weeds, and trait technologies that enhance food and nutritional characteristics, and provides digital solutions that assist farmers in decision-making. Its crop protection segment serves the global agricultural input industry with products that protect against weeds, insects and other pests, and disease, and that improve overall crop health both above and below ground through nitrogen management and seed-applied technologies. This segment provides herbicides, insecticides, nitrogen stabilizers and pasture and range management herbicides. Its portfolio of brands includes CLOSER, DELEGATE, Pioneer, Brevant seeds and others.

Contact

INDIANA
Indianapolis
9330 Zionsville Road
+18332678382.0
https://www.corteva.com

IPO

2019-05-24

Employees

21 000

Officers

CEO & Director
Mr. Charles Victor Magro B.Sc. (Chem), MBA
Exec. VP & CFO
Mr. David John Anderson B.S., M.B.A., MBA
Sr. VP, Sec. & Gen. Counsel
Mr. Cornel B. Fuerer
Exec. VP of Seed Bus. Unit
Mr. Timothy P. Glenn
VP, Controller & Principal Accounting Officer
Mr. Brian Titus
Exec. VP & Chief Technology and Digital Officer
Mr. Samuel R. Eathington
Show More
VP of Investor Relations
Kimberly Booth
Sr. VP, Chief HR & Diversity Officer
Ms. Audrey Grimm
Sr. VP & Sr. Advisor to the CEO
Ms. Meghan Cassidy
Exec. VP of Crop Protection Bus. Unit
Mr. Robert King
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one CTVA stock?

The intrinsic value of one CTVA stock under the Base Case scenario is 63.78 USD.

Is CTVA stock undervalued or overvalued?

Compared to the current market price of 56.84 USD, Corteva Inc is Undervalued by 11%.