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FERT

Fertiglobe ADX:FERTIGLB Stock Report

Last Price

د.إ4.85

Market Cap

د.إ40.3b

7D

-4.3%

1Y

n/a

Updated

29 Jun, 2022

Data

Company Financials +
FERTIGLB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance6/6
Financial Health5/6
Dividends2/6

FERTIGLB Stock Overview

Fertiglobe plc produces and distributes nitrogen fertilizers.

Fertiglobe Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fertiglobe
Historical stock prices
Current Share Priceد.إ4.85
52 Week Highد.إ5.95
52 Week Lowد.إ2.96
Beta0
1 Month Change-6.55%
3 Month Change-3.19%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO63.85%

Recent News & Updates

Jun 03
New Forecasts: Here's What Analysts Think The Future Holds For Fertiglobe plc (ADX:FERTIGLB)

New Forecasts: Here's What Analysts Think The Future Holds For Fertiglobe plc (ADX:FERTIGLB)

Shareholders in Fertiglobe plc ( ADX:FERTIGLB ) may be thrilled to learn that the analysts have just delivered a major...

May 20
Time To Worry? Analysts Just Downgraded Their Fertiglobe plc (ADX:FERTIGLB) Outlook

Time To Worry? Analysts Just Downgraded Their Fertiglobe plc (ADX:FERTIGLB) Outlook

Today is shaping up negative for Fertiglobe plc ( ADX:FERTIGLB ) shareholders, with the analysts delivering a...

Shareholder Returns

FERTIGLBAE ChemicalsAE Market
7D-4.3%2.1%1.7%
1Yn/a-2.2%39.6%

Return vs Industry: Insufficient data to determine how FERTIGLB performed against the AE Chemicals industry.

Return vs Market: Insufficient data to determine how FERTIGLB performed against the AE Market.

Price Volatility

Is FERTIGLB's price volatile compared to industry and market?
FERTIGLB volatility
FERTIGLB Average Weekly Movement5.8%
Chemicals Industry Average Movement6.4%
Market Average Movement5.1%
10% most volatile stocks in AE Market8.5%
10% least volatile stocks in AE Market2.6%

Stable Share Price: FERTIGLB is not significantly more volatile than the rest of AE stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: FERTIGLB's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20182,600Ahmed El-Hoshyhttps://www.fertiglobe.com

Fertiglobe plc produces and distributes nitrogen fertilizers. The company provides ammonia used as a building block for industrial chemicals and nitrogen fertilizers; granular urea; and diesel exhaust fluids. It serves industrial and agricultural customers in Europe, North America, South America, the Middle East, Africa, Asia, and Oceania.

Fertiglobe Fundamentals Summary

How do Fertiglobe's earnings and revenue compare to its market cap?
FERTIGLB fundamental statistics
Market CapUS$10.96b
Earnings (TTM)US$974.10m
Revenue (TTM)US$3.95b

11.3x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FERTIGLB income statement (TTM)
RevenueUS$3.95b
Cost of RevenueUS$2.15b
Gross ProfitUS$1.81b
Other ExpensesUS$831.50m
EarningsUS$974.10m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin45.69%
Net Profit Margin24.65%
Debt/Equity Ratio44.8%

How did FERTIGLB perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

35%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is FERTIGLB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FERTIGLB?

Other financial metrics that can be useful for relative valuation.

FERTIGLB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3x
Enterprise Value/EBITDA6.1x
PEG Ratio-0.8x

Price to Earnings Ratio vs Peers

How does FERTIGLB's PE Ratio compare to its peers?

FERTIGLB PE Ratio vs Peers
The above table shows the PE ratio for FERTIGLB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average254.7x
BOROUGE Borouge
16.6xn/aد.إ89.0b
APEX APEX Investment Company P.S.C
982.3xn/aد.إ17.7b
YAR Yara International
8.2x-29.7%kr112.1b
AKRN Acron
11.9x-16.2%₽694.6b
FERTIGLB Fertiglobe
11.3x-14.2%د.إ40.3b

Price-To-Earnings vs Peers: FERTIGLB is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (254.7x).


Price to Earnings Ratio vs Industry

How does FERTIGLB's PE Ratio compare vs other companies in the Asian Chemicals Industry?

Price-To-Earnings vs Industry: FERTIGLB is good value based on its Price-To-Earnings Ratio (11.3x) compared to the Asian Chemicals industry average (16.6x)


Price to Earnings Ratio vs Fair Ratio

What is FERTIGLB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FERTIGLB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FERTIGLB's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of FERTIGLB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FERTIGLB (AED4.85) is trading below our estimate of fair value (AED5.83)

Significantly Below Fair Value: FERTIGLB is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

PEG Ratio: FERTIGLB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


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Future Growth

How is Fertiglobe forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-14.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FERTIGLB's earnings are forecast to decline over the next 3 years (-14.2% per year).

Earnings vs Market: FERTIGLB's earnings are forecast to decline over the next 3 years (-14.2% per year).

High Growth Earnings: FERTIGLB's earnings are forecast to decline over the next 3 years.

Revenue vs Market: FERTIGLB's revenue is expected to decline over the next 3 years (-15.8% per year).

High Growth Revenue: FERTIGLB's revenue is forecast to decline over the next 3 years (-15.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FERTIGLB's Return on Equity is forecast to be high in 3 years time (30.2%)


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Past Performance

How has Fertiglobe performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


71.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FERTIGLB has high quality earnings.

Growing Profit Margin: FERTIGLB's current net profit margins (24.6%) are higher than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: FERTIGLB's earnings have grown significantly by 71.5% per year over the past 5 years.

Accelerating Growth: FERTIGLB's earnings growth over the past year (558.2%) exceeds its 5-year average (71.5% per year).

Earnings vs Industry: FERTIGLB earnings growth over the past year (558.2%) exceeded the Chemicals industry 28.9%.


Return on Equity

High ROE: FERTIGLB's Return on Equity (43.8%) is considered outstanding.


Discover strong past performing companies

Financial Health

How is Fertiglobe's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: FERTIGLB's short term assets ($2.1B) exceed its short term liabilities ($819.6M).

Long Term Liabilities: FERTIGLB's short term assets ($2.1B) exceed its long term liabilities ($1.9B).


Debt to Equity History and Analysis

Debt Level: FERTIGLB has more cash than its total debt.

Reducing Debt: Insufficient data to determine if FERTIGLB's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: FERTIGLB's debt is well covered by operating cash flow (135%).

Interest Coverage: FERTIGLB's interest payments on its debt are well covered by EBIT (30.7x coverage).


Balance Sheet


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Dividend

What is Fertiglobe current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.09%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: FERTIGLB's dividend (3.09%) isn’t notable compared to the bottom 25% of dividend payers in the AE market (3.25%).

High Dividend: FERTIGLB's dividend (3.09%) is low compared to the top 25% of dividend payers in the AE market (5.66%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether FERTIGLB's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if FERTIGLB's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.8%), FERTIGLB's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (19.7%), FERTIGLB's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Ahmed El-Hoshy (37 yo)

1.42yrs

Tenure

Mr. Ahmed K. El-Hoshy has been the Chief Executive Officer of OCI N.V. since August 2020 and has been its Executive Director since June 17, 2020. Mr. El-Hoshy serves as Chief Executive Officer since 2021 a...


Leadership Team

Experienced Management: FERTIGLB's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: FERTIGLB's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: FERTIGLB only recently listed within the past 12 months.


Top Shareholders

Company Information

Fertiglobe plc's employee growth, exchange listings and data sources


Key Information

  • Name: Fertiglobe plc
  • Ticker: FERTIGLB
  • Exchange: ADX
  • Founded: 2018
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Implied Market Cap: د.إ40.261b
  • Shares outstanding: 8.30b
  • Website: https://www.fertiglobe.com

Number of Employees


Location

  • Fertiglobe plc
  • Al Sila Tower
  • 2475-2476, 20th Floor
  • Abu Dhabi
  • United Arab Emirates

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.