company background image
NTR

NutrienTSX:NTR Stock Report

Market Cap

CA$50.4b

7D

0.8%

1Y

66.6%

Updated

17 Oct, 2021

Data

Company Financials +
NTR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends2/6

NTR Overview

Nutrien Ltd. provides crop inputs, services, and solutions.

Nutrien Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nutrien
Historical stock prices
Current Share PriceCA$88.24
52 Week HighCA$49.88
52 Week LowCA$89.67
Beta0.74
1 Month Change9.68%
3 Month Change20.28%
1 Year Change66.55%
3 Year Change20.51%
5 Year Changen/a
Change since IPO27.88%

Recent News & Updates

Oct 06
We Think Nutrien (TSE:NTR) Can Stay On Top Of Its Debt

We Think Nutrien (TSE:NTR) Can Stay On Top Of Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Sep 05
I Built A List Of Growing Companies And Nutrien (TSE:NTR) Made The Cut

I Built A List Of Growing Companies And Nutrien (TSE:NTR) Made The Cut

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Aug 23
Nutrien Ltd.'s (TSE:NTR) Intrinsic Value Is Potentially 37% Above Its Share Price

Nutrien Ltd.'s (TSE:NTR) Intrinsic Value Is Potentially 37% Above Its Share Price

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Nutrien Ltd. ( TSE:NTR...

Shareholder Returns

NTRCA ChemicalsCA Market
7D0.8%0.7%2.4%
1Y66.6%67.7%31.3%

Return vs Industry: NTR underperformed the Canadian Chemicals industry which returned 67.7% over the past year.

Return vs Market: NTR exceeded the Canadian Market which returned 31.3% over the past year.

Price Volatility

Is NTR's price volatile compared to industry and market?
NTR volatility
NTR Beta0.74
Industry Beta0.91
Market Beta1

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.

About the Company

FoundedEmployeesCEOWebsite
201723,100Mayo Schmidthttps://www.nutrien.com

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 protection products, seeds, and merchandise products through approximately 2,000 retail locations in the United States, Canada, South America, and Australia.

Nutrien Fundamentals Summary

How do Nutrien's earnings and revenue compare to its market cap?
NTR fundamental statistics
Market CapUS$40.71b
Earnings (TTM)US$964.00m
Revenue (TTM)US$21.86b

42.2x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NTR income statement (TTM)
RevenueUS$21.86b
Cost of RevenueUS$15.64b
Gross ProfitUS$6.22b
ExpensesUS$5.26b
EarningsUS$964.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 01, 2021

Earnings per share (EPS)1.69
Gross Margin28.46%
Net Profit Margin4.41%
Debt/Equity Ratio44.2%

How did NTR perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

108%

Payout Ratio

Valuation

Is Nutrien undervalued compared to its fair value and its price relative to the market?

16.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NTR (CA$88.24) is trading below our estimate of fair value (CA$105.74)

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


Price To Earnings Ratio

PE vs Industry: NTR is poor value based on its PE Ratio (42.2x) compared to the Canadian Chemicals industry average (31.9x).

PE vs Market: NTR is poor value based on its PE Ratio (42.2x) compared to the Canadian market (13.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NTR is good value based on its PB Ratio (1.8x) compared to the CA Chemicals industry average (3.3x).


Future Growth

How is Nutrien forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

-6.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NTR's earnings are forecast to decline over the next 3 years (-6.8% per year).

Earnings vs Market: NTR's earnings are forecast to decline over the next 3 years (-6.8% per year).

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

Revenue vs Market: NTR's revenue (1.9% per year) is forecast to grow slower than the Canadian market (6.7% per year).

High Growth Revenue: NTR's revenue (1.9% 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 (8.9%).


Past Performance

How has Nutrien performed over the past 5 years?

21.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NTR has a large one-off loss of $703.0M impacting its June 30 2021 financial results.

Growing Profit Margin: NTR's current net profit margins (4.4%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: NTR's earnings have grown significantly by 21.2% per year over the past 5 years.

Accelerating Growth: NTR's earnings growth over the past year (17.1%) is below its 5-year average (21.2% per year).

Earnings vs Industry: NTR earnings growth over the past year (17.1%) exceeded the Chemicals industry 16.6%.


Return on Equity

High ROE: NTR's Return on Equity (4.2%) is considered low.


Financial Health

How is Nutrien's financial position?


Financial Position Analysis

Short Term Liabilities: NTR's short term assets ($13.9B) exceed its short term liabilities ($9.9B).

Long Term Liabilities: NTR's short term assets ($13.9B) do not cover its long term liabilities ($16.2B).


Debt to Equity History and Analysis

Debt Level: NTR's debt to equity ratio (44.2%) is considered high.

Reducing Debt: NTR's debt to equity ratio has reduced from 57.8% to 44.2% over the past 5 years.

Debt Coverage: NTR's debt is well covered by operating cash flow (38%).

Interest Coverage: NTR's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet


Dividend

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

2.58%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NTR's dividend (2.58%) is higher than the bottom 25% of dividend payers in the Canadian market (1.59%).

High Dividend: NTR's dividend (2.58%) is low compared to the top 25% of dividend payers in the Canadian market (4.54%).


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 4 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (107.5%), 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 well covered by earnings (47.4% payout ratio).


Next Steps

Management

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

1.9yrs

Average management tenure


CEO

Mayo Schmidt (63 yo)

0.50

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 ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: NTR's board of directors are considered experienced (3.8 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 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$50.358b
  • Shares outstanding: 570.69m
  • Website: https://www.nutrien.com

Number of Employees


Location

  • Nutrien Ltd.
  • 122 – 1st Avenue South
  • Suite 500
  • Saskatoon
  • Saskatchewan
  • S7K 7G3
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 22:19
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.