Nutrien Ltd.

SWX:NTR Stock Report

Market Cap: CHF 26.9b

Nutrien Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: NTR (CHF58.02) is trading below our estimate of future cash flow value (CHF94.12)

Significantly Below Future Cash Flow Value: NTR is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

Key metric: As NTR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NTR. This is calculated by dividing NTR's market cap by their current earnings.
What is NTR's PE Ratio?
PE Ratio14.7x
EarningsUS$2.38b
Market CapUS$33.66b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NTR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.7x
SIKA Sika
28.3x11.18%CHF 29.5b
GIVN Givaudan
31.5x9.10%CHF 30.1b
EMSN EMS-CHEMIE HOLDING
38.6x5.98%CHF 18.0b
AMRZ Amrize
20.2x13.09%CHF 19.9b
NTR Nutrien
14.7x-2.70%CHF 46.4b

Price-To-Earnings vs Peers: NTR is good value based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (29.7x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does NTR's PE Ratio compare vs other companies in the European Chemicals Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NTR 14.7xIndustry Avg. 19.2xNo. of Companies11PE01632486480+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NTR is good value based on its Price-To-Earnings Ratio (14.7x) compared to the European Chemicals industry average (19.5x).

Price to Earnings Ratio vs Fair Ratio

What is NTR'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.

NTR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.7x
Fair PE Ration/a

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

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NTR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 58.02
CHF 62.99
+8.57%
4.69%CHF 65.35CHF 56.79n/a6
Aug ’27CHF 56.45
CHF 64.83
+14.84%
6.16%CHF 69.67CHF 56.54n/a6
Jul ’27CHF 50.86
CHF 63.04
+23.95%
9.27%CHF 68.72CHF 52.67n/a7
Jun ’27n/a
CHF 62.02
0%
7.97%CHF 66.67CHF 51.10n/a7
May ’27n/a
CHF 60.70
0%
5.97%CHF 66.44CHF 54.72n/a7
Apr ’27n/a
CHF 60.31
0%
5.27%CHF 64.87CHF 55.01n/a8
Mar ’27n/a
CHF 55.98
0%
9.99%CHF 63.34CHF 43.55n/a8
Feb ’27n/a
CHF 52.82
0%
14.09%CHF 64.69CHF 36.64n/a8
Jan ’27n/a
CHF 52.33
0%
14.43%CHF 65.23CHF 36.36n/a8
Dec ’26n/a
CHF 50.00
0%
11.08%CHF 55.54CHF 36.23n/a8
Nov ’26n/a
CHF 49.93
0%
10.66%CHF 54.92CHF 36.85n/a8
Oct ’26n/a
CHF 49.50
0%
12.04%CHF 55.66CHF 35.00n/a8
Sep ’26n/a
CHF 50.37
0%
11.91%CHF 56.35CHF 35.73n/a8
Aug ’26n/a
CHF 50.01
0%
11.29%CHF 56.84CHF 36.26CHF 56.458
Jul ’26n/a
CHF 49.40
0%
12.96%CHF 57.33CHF 34.17CHF 50.868
Jun ’26n/a
CHF 48.68
0%
15.52%CHF 57.23CHF 34.92n/a9
May ’26n/a
CHF 46.26
0%
17.13%CHF 57.71CHF 33.20n/a8
Apr ’26n/a
CHF 49.46
0%
17.11%CHF 61.09CHF 34.78n/a8
Mar ’26n/a
CHF 50.09
0%
18.05%CHF 62.55CHF 35.37n/a7
Feb ’26n/a
CHF 49.28
0%
18.07%CHF 61.22CHF 33.42n/a7
Jan ’26n/a
CHF 48.87
0%
19.20%CHF 62.41CHF 32.61n/a7
Dec ’25n/a
CHF 48.62
0%
18.78%CHF 61.95CHF 33.13n/a7
Nov ’25n/a
CHF 48.21
0%
19.45%CHF 60.55CHF 32.16n/a7
Oct ’25n/a
CHF 45.73
0%
19.29%CHF 58.95CHF 31.31n/a7
Sep ’25n/a
CHF 50.01
0%
17.26%CHF 60.59CHF 37.27n/a7
Aug ’25n/a
CHF 54.15
0%
16.47%CHF 63.82CHF 39.31n/a7
CHF 61.83
Fair Value
6.2% undervalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/20 08:15
End of Day Share Price 2026/08/20 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nutrien Ltd. is covered by 51 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Keith CarpenterATB Cormark
Benjamin TheurerBarclays