Executive Summary
Nutrien Ltd. provides crop inputs, services, and solutions. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Nutrien's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NTR is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NTR's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
1.2%
NTR
2.8%
CA Chemicals
0.3%
CA Market
1 Year Return
60.2%
NTR
65.0%
CA Chemicals
37.0%
CA Market
Return vs Industry: NTR underperformed the Canadian Chemicals industry which returned 65% over the past year.
Return vs Market: NTR exceeded the Canadian Market which returned 37% over the past year.
Shareholder returns
| NTR | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | 2.8% | 0.3% |
| 30 Day | 9.4% | 4.2% | 4.6% |
| 90 Day | 8.2% | 4.7% | 6.0% |
| 1 Year | 67.2%60.2% | 71.7%65.0% | 41.4%37.0% |
| 3 Year | 25.6%11.8% | 15.9%3.7% | 32.5%20.0% |
| 5 Year | n/a | 38.5%15.1% | 62.6%38.2% |
Long-Term Price Volatility Vs. Market
How volatile is Nutrien's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Nutrien (TSE:NTR) Has A Somewhat Strained Balance Sheet3 weeks ago | Simply Wall St
Is There An Opportunity With Nutrien Ltd.'s (TSE:NTR) 36% Undervaluation?1 month ago | Simply Wall St
What Type Of Shareholders Make Up Nutrien Ltd.'s (TSE:NTR) Share Registry?Valuation
Is Nutrien undervalued compared to its fair value and its price relative to the market?
28.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NTR (CA$78.91) is trading below our estimate of fair value (CA$110.47)
Significantly Below Fair Value: NTR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NTR is poor value based on its PE Ratio (59.5x) compared to the Canadian Chemicals industry average (59.2x).
PE vs Market: NTR is poor value based on its PE Ratio (59.5x) compared to the Canadian market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: NTR is poor value based on its PEG Ratio (10.7x)
Price to Book Ratio
PB vs Industry: NTR is good value based on its PB Ratio (1.7x) compared to the CA Chemicals industry average (3.9x).
Future Growth
How is Nutrien forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
5.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NTR's forecast earnings growth (5.6% per year) is above the savings rate (1.5%).
Earnings vs Market: NTR's earnings (5.6% per year) are forecast to grow slower than the Canadian market (13.5% per year).
High Growth Earnings: NTR's earnings are forecast to grow, but not significantly.
Revenue vs Market: NTR's revenue (3.6% per year) is forecast to grow slower than the Canadian market (5.7% per year).
High Growth Revenue: NTR's revenue (3.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NTR's Return on Equity is forecast to be low in 3 years time (7.9%).
Past Performance
How has Nutrien performed over the past 5 years?
8.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NTR has a large one-off loss of $699.0M impacting its March 31 2021 financial results.
Growing Profit Margin: NTR's current net profit margins (3%) are lower than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: NTR's earnings have grown by 8.2% per year over the past 5 years.
Accelerating Growth: NTR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NTR had negative earnings growth (-32.2%) over the past year, making it difficult to compare to the Chemicals industry average (95.9%).
Return on Equity
High ROE: NTR's Return on Equity (2.8%) is considered low.
Financial Health
How is Nutrien's financial position?
Financial Position Analysis
Short Term Liabilities: NTR's short term assets ($12.5B) exceed its short term liabilities ($9.3B).
Long Term Liabilities: NTR's short term assets ($12.5B) do not cover its long term liabilities ($16.3B).
Debt to Equity History and Analysis
Debt Level: NTR's debt to equity ratio (46.1%) is considered high.
Reducing Debt: NTR's debt to equity ratio has reduced from 55.1% to 46.1% over the past 5 years.
Debt Coverage: NTR's debt is well covered by operating cash flow (35.9%).
Interest Coverage: NTR's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
Dividend
What is Nutrien current dividend yield, its reliability and sustainability?
2.84%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: NTR's dividend (2.84%) is higher than the bottom 25% of dividend payers in the Canadian market (1.53%).
High Dividend: NTR's dividend (2.84%) is low compared to the top 25% of dividend payers in the Canadian market (4.45%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NTR has been paying a dividend for less than 10 years.
Growing Dividend: NTR's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (165.9%), NTR's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NTR's dividends in 3 years are forecast to be covered by earnings (55.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Mayo Schmidt (62 yo)
0.17
Tenure
US$442,000
Compensation
Mr. Mayo M. Schmidt, B.B.A. serves as the President & Chief Executive Officer at Nutrien Ltd. since April 19, 2021. He has been a Director of Potash Corporation of Saskatchewan, Inc. since January 1, 2018....
Leadership Team
Experienced Management: NTR's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
Experienced Board: NTR's board of directors are considered experienced (3.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NTR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Nutrien Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Nutrien Ltd.
- Ticker: NTR
- Exchange: TSX
- Founded: 2017
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Market Cap: CA$44.995b
- Shares outstanding: 570.21m
- Website: https://www.nutrien.com
Number of Employees
Location
- Nutrien Ltd.
- 122 – 1st Avenue South
- Suite 500
- Saskatoon
- Saskatchewan
- S7K 7G3
- Canada
Listings
Biography
Nutrien Ltd. provides crop inputs, services, and solutions. The company offers potash, nitrogen, phosphate, and sulfate products; and financial solutions. It also distributes crop nutrients, crop protectio...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/12 16:51 |
| End of Day Share Price | 2021/06/11 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.