Executive Summary
Nutrien Ltd. produces and markets crop nutrients to agricultural, industrial, and feed customers worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and slightly overvalued.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
9.9%
NTR
9.5%
CA Chemicals
4.5%
CA Market
1 Year Return
-35.5%
NTR
-40.8%
CA Chemicals
-24.5%
CA Market
Return vs Industry: NTR exceeded the Canadian Chemicals industry which returned -43.1% over the past year.
Return vs Market: NTR underperformed the Canadian Market which returned -26% over the past year.
Shareholder returns
| NTR | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.9% | 9.5% | 4.5% |
| 30 Day | -15.3% | -18.9% | -20.1% |
| 90 Day | -26.1% | -30.1% | -24.9% |
| 1 Year | -32.8%-35.5% | -38.3%-40.8% | -22.0%-24.5% |
| 3 Year | n/a | -66.7%-69.1% | -14.2%-22.2% |
| 5 Year | n/a | -66.7%-70.8% | -1.9%-16.5% |
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
5 days ago | Simply Wall St
It Might Not Be A Great Idea To Buy Nutrien Ltd. (TSE:NTR) For Its Next Dividend1 week ago | Simply Wall St
What Is Nutrien Ltd.'s (TSE:NTR) Share Price Doing?3 weeks ago | Simply Wall St
What Kind Of Investor Owns Most Of Nutrien Ltd. (TSE:NTR)?Valuation
Is Nutrien undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NTR (CA$43.47) is trading below our estimate of fair value (CA$116.56)
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 (18.1x) compared to the Chemicals industry average (9.8x).
PE vs Market: NTR is poor value based on its PE Ratio (18.1x) compared to the Canadian market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: NTR is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: NTR is overvalued based on its PB Ratio (0.8x) compared to the CA Chemicals industry average (0.7x).
Next Steps
Future Growth
How is Nutrien forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
16.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NTR's forecast earnings growth (16.1% per year) is above the savings rate (1.4%).
Earnings vs Market: NTR's earnings (16.1% per year) are forecast to grow faster than the Canadian market (7.5% per year).
High Growth Earnings: NTR's earnings are forecast to grow, but not significantly.
Revenue vs Market: NTR's revenue (3.1% per year) is forecast to grow slower than the Canadian market (3.9% per year).
High Growth Revenue: NTR's revenue (3.1% 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 (6.8%).
Next Steps
Past Performance
How has Nutrien performed over the past 5 years?
-34.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NTR has high quality earnings.
Growing Profit Margin: NTR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: NTR's earnings have declined by -34.6% per year over the past 5 years.
Accelerating Growth: NTR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NTR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-9.2%).
Return on Equity
High ROE: NTR's Return on Equity (4.3%) is considered low.
Next Steps
Financial Health
How is Nutrien's financial position?
Financial Position Analysis
Short Term Liabilities: NTR's short term assets ($10.7B) exceed its short term liabilities ($9.1B).
Long Term Liabilities: NTR's short term assets ($10.7B) do not cover its long term liabilities ($14.8B).
Debt to Equity History and Analysis
Debt Level: NTR's debt to equity ratio (43.9%) is considered high.
Reducing Debt: NTR's debt to equity ratio has reduced from 48.3% to 43.9% over the past 5 years.
Debt Coverage: NTR's debt is well covered by operating cash flow (36.5%).
Interest Coverage: NTR's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
Inventory Level: NTR has a high level of physical assets or inventory.
Debt Coverage by Assets: NTR's debt is covered by short term assets (assets are 1.1x debt).
Next Steps
Dividend
What is Nutrien's current dividend yield, its reliability and sustainability?
5.54%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NTR's dividend (5.83%) is higher than the bottom 25% of dividend payers in the Canadian market (2.73%).
High Dividend: NTR's dividend (5.83%) is low compared to the top 25% of dividend payers in the Canadian market (8.76%).
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 2 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (103.3%), 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 (63% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
Chuck Magro (49yo)
2.67s
Tenure
US$12,889,855
Compensation
Mr. Charles Victor Magro, also known as Chuck, B.Sc. (Chem), MBA is President and Chief Executive Officer of Nutrien Ltd. since June 2, 2017. Mr. Magro served as President and Chief Executive Officer of Ag ...
CEO Compensation Analysis
Compensation vs Market: Chuck's total compensation ($USD12.89M) is above average for companies of similar size in the Canadian market ($USD6.69M).
Compensation vs Earnings: Chuck's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.67yrs | US$12.89m | 0.015% $3.9m | |
| Executive VP & CEO of Retail | no data | US$4.28m | 0.0073% $1.9m | |
| Executive VP & CFO | 1yr | no data | no data | |
| Executive VP & Chief Information Officer | no data | no data | 0.0031% $805.3k | |
| Executive VP and Chief Human Resources & Administrative Officer | no data | no data | 0.0018% $468.0k | |
| Vice President of Investor & Corporate Relations | no data | no data | no data | |
| Executive VP & Chief Legal Officer | 0.17yr | no data | 0.00016% $41.8k | |
| Executive VP & President of Sales | no data | no data | no data | |
| Executive VP | 1.17yrs | no data | 0.0013% $350.4k | |
| President of PCS Sales | no data | US$1.40m | no data |
1.1yrs
Average Tenure
49yo
Average Age
Experienced Management: NTR's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.67yrs | US$12.89m | 0.015% $3.9m | |
| Independent Director | 2.17yrs | US$281.00k | 0.00039% $102.0k | |
| Independent Director | 2.17yrs | US$264.00k | 0.0024% $632.7k | |
| Independent Director | 2.17yrs | US$276.00k | 0.00067% $175.2k | |
| Independent Director | 2.17yrs | US$271.00k | 0.0032% $844.5k | |
| Independent Director | 2.17yrs | US$268.00k | 0.0012% $311.1k | |
| Independent Director | 2.17yrs | US$266.00k | 0.0011% $292.8k | |
| Independent Board Chairman | 0.83yr | US$270.00k | 0.0015% $392.2k | |
| Independent Director | 2.17yrs | US$266.00k | 0.00088% $230.1k | |
| Independent Director | 2.17yrs | US$266.00k | 0.0012% $303.3k |
2.2yrs
Average Tenure
59yo
Average Age
Experienced Board: NTR's board of directors are not considered experienced ( 2.2 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: 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$26.146b
- Shares outstanding: 569.14m
- Website: https://www.nutrien.com
Number of Employees
Location
- Nutrien Ltd.
- 122 – 1st Avenue South
- Suite 500
- Saskatoon
- Saskatchewan
- S7K 7G3
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NTR | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Jan 2018 |
| NTR N | BMV (Bolsa Mexicana de Valores) | Yes | Common Shares | MX | MXN | Jan 2018 |
| NTR | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Jan 2018 |
| N7T | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 2018 |
| 0NHS | LSE (London Stock Exchange) | Yes | Common Shares | GB | USD | Jan 2018 |
Biography
Nutrien Ltd. produces and markets crop nutrients to agricultural, industrial, and feed customers worldwide. It operates in four segments: Retail, Potash, Nitrogen, and Phosphate and Sulfate. The company offers potash, nitrogen, phosphate, and sulfate products. It also distributes crop nutrients, crop protection products, seeds, and merchandise products through operating 1,700 retail locations. The company was incorporated in 2017 and is headquartered in Saskatoon, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 01:34 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.