Executive Summary
Yara International ASA provides environmental and industrial solutions in Norway and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Good value with proven track record and pays a dividend.
Similar Companies
Share Price & News
How has Yara International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: YAR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
6.2%
YAR
4.6%
NO Chemicals
4.0%
NO Market
1 Year Return
-0.7%
YAR
-11.7%
NO Chemicals
-21.7%
NO Market
Return vs Industry: YAR exceeded the Norwegian Chemicals industry which returned -14.6% over the past year.
Return vs Market: YAR exceeded the Norwegian Market which returned -24.1% over the past year.
Shareholder returns
| YAR | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.2% | 4.6% | 4.0% |
| 30 Day | 5.6% | -4.4% | -4.3% |
| 90 Day | 0.6% | -15.1% | -22.0% |
| 1 Year | 1.0%-0.7% | -9.1%-11.7% | -18.3%-21.7% |
| 3 Year | 7.8%0.7% | -4.6%-13.2% | 5.1%-7.9% |
| 5 Year | -2.3%-15.8% | 3.2%-11.8% | 17.6%-8.7% |
Price Volatility Vs. Market
How volatile is Yara International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Yara International ASA's (OB:YAR) P/E Ratio Really That Good?1 month ago | Simply Wall St
Is There More To Yara International ASA (OB:YAR) Than Its 7.4% Returns On Capital?5 months ago | Simply Wall St
Here's Why Yara International (OB:YAR) Can Manage Its Debt ResponsiblyValuation
Is Yara International undervalued compared to its fair value and its price relative to the market?
43.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: YAR (NOK357.4) is trading below our estimate of fair value (NOK635.63)
Significantly Below Fair Value: YAR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: YAR is poor value based on its PE Ratio (15.5x) compared to the Chemicals industry average (13.3x).
PE vs Market: YAR is poor value based on its PE Ratio (15.5x) compared to the Norwegian market (10.4x).
Price to Earnings Growth Ratio
PEG Ratio: YAR is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: YAR is good value based on its PB Ratio (1x) compared to the XE Chemicals industry average (1.3x).
Next Steps
Future Growth
How is Yara International forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
16.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: YAR's forecast earnings growth (16.2% per year) is above the savings rate (0.7%).
Earnings vs Market: YAR's earnings (16.2% per year) are forecast to grow slower than the Norwegian market (21% per year).
High Growth Earnings: YAR's earnings are forecast to grow, but not significantly.
Revenue vs Market: YAR's revenue (2.9% per year) is forecast to grow faster than the Norwegian market (2.3% per year).
High Growth Revenue: YAR's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: YAR's Return on Equity is forecast to be low in 3 years time (11.1%).
Next Steps
Past Performance
How has Yara International performed over the past 5 years?
-27.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: YAR has high quality earnings.
Growing Profit Margin: YAR's current net profit margins (4.7%) are higher than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: YAR's earnings have declined by -27.2% per year over the past 5 years.
Accelerating Growth: YAR's earnings growth over the past year (276.7%) exceeds its 5-year average (-27.2% per year).
Earnings vs Industry: YAR earnings growth over the past year (276.7%) exceeded the Chemicals industry 1.2%.
Return on Equity
High ROE: YAR's Return on Equity (6.6%) is considered low.
Next Steps
Financial Health
How is Yara International's financial position?
Financial Position Analysis
Short Term Liabilities: YAR's short term assets ($4.8B) exceed its short term liabilities ($3.3B).
Long Term Liabilities: YAR's short term assets ($4.8B) exceed its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: YAR's debt to equity ratio (40.3%) is considered high.
Reducing Debt: YAR's debt to equity ratio has increased from 20.9% to 40.3% over the past 5 years.
Debt Coverage: YAR's debt is well covered by operating cash flow (53.1%).
Interest Coverage: YAR's interest payments on its debt are well covered by EBIT (12.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Yara International's current dividend yield, its reliability and sustainability?
3.76%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: YAR's dividend (3.76%) is higher than the bottom 25% of dividend payers in the Norwegian market (3.73%).
High Dividend: YAR's dividend (3.76%) is low compared to the top 25% of dividend payers in the Norwegian market (8.02%).
Stability and Growth of Payments
Stable Dividend: YAR's dividend payments have been volatile in the past 10 years.
Growing Dividend: YAR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.6%), YAR's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: YAR's dividends in 3 years are forecast to be covered by earnings (55.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Svein Holsether (47yo)
4.58s
Tenure
US$1,606,000
Compensation
Mr. Svein Tore Holsether has been the Chief Executive Officer and President of Yara International ASA since joining on September 9, 2015. Mr. Holsether Joined Yara International ASA in 2015. He served as t ...
CEO Compensation Analysis
Compensation vs Market: Svein's total compensation ($USD1.61M) is above average for companies of similar size in the Norwegian market ($USD930.44K).
Compensation vs Earnings: Svein's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 4.58yrs | US$1.61m | 0.013% $12.4m | |
| Executive VP & CFO | 1.42yrs | US$659.00k | 0.0013% $1.2m | |
| Executive VP & General Counsel | 3.92yrs | US$574.00k | 0.0022% $2.1m | |
| Executive Vice President of Sales & Marketing | 1.25yrs | US$830.00k | 0.0035% $3.4m | |
| Executive Vice President of People & Global Functions | 3.58yrs | US$668.00k | 0.0048% $4.6m | |
| Head of Chemical Compliance & Director | 8.25yrs | US$49.00k | 0.00012% $115.7k | |
| Newco IPO Lead / Senior VP of Strategy & Business Development | 3.83yrs | US$465.32k | 0.0029% $2.8m | |
| Executive Vice President of Production | 4.17yrs | US$687.00k | 0.0029% $2.8m | |
| Executive Vice President of Yara Brazil | 4.17yrs | US$1.06m | 0.0060% $5.7m | |
| Executive Vice President of Strategy & Supply Chain | 2yrs | US$635.00k | 0.0012% $1.2m |
3.8yrs
Average Tenure
51.5yo
Average Age
Experienced Management: YAR's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Head of Chemical Compliance & Director | 8.25yrs | US$49.00k | 0.00012% $115.7k | |
| Vice Chairman of the Board | 0.92yr | US$61.00k | 0.0011% $1.1m | |
| Independent Director | 5.92yrs | US$53.00k | 0.00044% $424.1k | |
| Chairman of the Board | 2.25yrs | US$76.00k | 0.000030% $28.9k | |
| Director | 10.25yrs | US$42.00k | 0.00011% $106.0k | |
| Director | 0.92yr | US$41.00k | 0.0083% $8.0m | |
| Independent Director | 5.92yrs | US$42.00k | 0.00030% $289.1k | |
| Director | 0.92yr | US$25.00k | 0.00019% $183.1k | |
| Director | 0.58yr | US$13.00k | 0.00017% $163.9k | |
| Director | 0.92yr | US$32.00k | no data |
1.6yrs
Average Tenure
57.5yo
Average Age
Experienced Board: YAR's board of directors are not considered experienced ( 1.6 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: YAR 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
Yara International ASA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Yara International ASA
- Ticker: YAR
- Exchange: OB
- Founded: 1905
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Market Cap: kr96.383b
- Shares outstanding: 269.68m
- Website: https://www.yara.com
Number of Employees
Location
- Yara International ASA
- Drammensveien 131
- Oslo
- Oslo
- 277
- Norway
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IU2 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Mar 2004 |
| YAR | OB (Oslo Bors) | Yes | Ordinary Shares | NO | NOK | Mar 2004 |
| 0O7D | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | NOK | Mar 2004 |
| YRAI.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Mar 2004 |
| YARO | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | NOK | Mar 2004 |
| YAR | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Mar 2004 |
| YARI.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Apr 2004 |
Biography
Yara International ASA provides environmental and industrial solutions in Norway and internationally. It operates through three segments: Crop Nutrition, Industrial, and Production. The Crop Nutrition segment offers nitrogen-based fertilizers, including urea, urea ammonium nitrate, calcium ammonium nitrate, ammonium nitrate, calcium nitrate, and compound fertilizers that contain plant nutrients, such as nitrogen, phosphorus, and potassium, as well as foliar and fertigation solutions through micronutrients. It also sells phosphate- and potash-based fertilizers sourced from third parties, as well as delivers equipment and services to store or handle products. This segment sells its products to distributors, as well as directly to farmers and co-operatives. The Industrial segment develops and sells urea, ammonia, phosphate, nitric acid, technical ammonium nitrate, and calcium nitrate for industrial applications within base chemicals, mining applications, animal nutrition, environmental solutions, and industrial nitrates. It also provides solution of reagents, technology, and service for NOx abatement for industrial plants, and transport at land and sea. The Production segment produces ammonia, fertilizers, and industrial products. It is also involved in the operation of phosphate mines; trade and shipping of ammonia; and sale of fertilizers. The company also provides logistics services; and operates customer service centers. It provides its products under the YaraBela, YaraLiva, YaraMila, YaraTera, YaraVera, and YaraVita brands. The company was founded in 1905 and is headquartered in Oslo, Norway.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/08 00:45 |
| End of Day Share Price | 2020/04/07 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.