Corteva Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair 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 CTVA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CTVA ($57) is trading below our estimate of fair value ($103.41)

Significantly Below Fair Value: CTVA is trading below fair value by more than 20%.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

CTVA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.3x
Enterprise Value/EBITDA12.5x
PEG Ratio2.3x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CTVA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.8x
CF CF Industries Holdings
10.2x-12.3%US$15.5b
MOS Mosaic
8.8x-0.8%US$10.3b
FMC FMC
5.5x-20.0%US$7.8b
DOW Dow
70.7x28.6%US$40.9b
CTVA Corteva
42.9x18.4%US$39.8b

Price-To-Earnings vs Peers: CTVA is expensive based on its Price-To-Earnings Ratio (42.9x) compared to the peer average (23.8x).


Price to Earnings Ratio vs Industry

How does CTVA's PE Ratio compare vs other companies in the US Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a15.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a15.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: CTVA is expensive based on its Price-To-Earnings Ratio (42.9x) compared to the US Chemicals industry average (20.8x).


Price to Earnings Ratio vs Fair Ratio

What is CTVA'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.

CTVA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio42.9x
Fair PE Ratio27.2x

Price-To-Earnings vs Fair Ratio: CTVA is expensive based on its Price-To-Earnings Ratio (42.9x) compared to the estimated Fair Price-To-Earnings Ratio (27.2x).


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 CTVA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$57.00
US$61.58
+8.0%
7.6%US$70.00US$53.00n/a23
Mar ’25US$53.66
US$61.64
+14.9%
7.4%US$70.00US$53.00n/a24
Feb ’25US$54.06
US$59.18
+9.5%
9.9%US$70.00US$50.00n/a24
Jan ’25US$47.92
US$58.99
+23.1%
9.6%US$71.80US$50.00n/a24
Dec ’24US$46.20
US$58.99
+27.7%
9.6%US$71.80US$50.00n/a24
Nov ’24US$47.74
US$65.69
+37.6%
10.7%US$82.00US$53.00n/a23
Oct ’24US$51.16
US$68.88
+34.6%
8.2%US$82.00US$57.00n/a22
Sep ’24US$51.11
US$69.01
+35.0%
8.3%US$82.00US$57.00n/a22
Aug ’24US$55.94
US$69.84
+24.8%
8.3%US$82.00US$57.00n/a23
Jul ’24US$57.30
US$71.49
+24.8%
7.2%US$82.00US$61.00n/a23
Jun ’24US$53.86
US$71.97
+33.6%
7.8%US$87.00US$61.00n/a22
May ’24US$61.46
US$72.90
+18.6%
8.1%US$87.00US$60.00n/a21
Apr ’24US$60.31
US$73.09
+21.2%
7.8%US$87.00US$60.00n/a21
Mar ’24US$62.15
US$72.88
+17.3%
8.1%US$87.00US$60.00US$53.6621
Feb ’24US$64.48
US$73.12
+13.4%
7.7%US$87.00US$62.00US$54.0621
Jan ’24US$58.78
US$72.38
+23.1%
7.8%US$87.00US$62.00US$47.9220
Dec ’23US$66.25
US$72.58
+9.5%
8.0%US$87.00US$62.00US$46.2020
Nov ’23US$67.11
US$70.10
+4.5%
6.8%US$80.00US$61.00US$47.7420
Oct ’23US$57.15
US$69.15
+21.0%
7.9%US$80.00US$55.90US$51.1620
Sep ’23US$60.81
US$66.55
+9.4%
7.1%US$74.00US$55.90US$51.1120
Aug ’23US$56.90
US$63.25
+11.2%
9.5%US$72.00US$50.00US$55.9420
Jul ’23US$54.12
US$63.83
+17.9%
9.6%US$72.00US$50.00US$57.3018
Jun ’23US$62.33
US$63.50
+1.9%
10.4%US$72.00US$50.00US$53.8618
May ’23US$57.69
US$60.71
+5.2%
10.8%US$69.00US$49.00US$61.4617
Apr ’23US$58.29
US$56.78
-2.6%
10.4%US$67.00US$44.00US$60.3118
Mar ’23US$50.37
US$55.28
+9.7%
8.0%US$60.00US$44.00US$62.1518

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


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