Corteva Inc. (CTVA)
Corteva Statistics
Share Statistics
Corteva has 683.01M shares outstanding. The number of shares has increased by -2% in one year.
| Shares Outstanding | 683.01M |
| Shares Change (YoY) | -2% |
| Shares Change (QoQ) | -0.62% |
| Owned by Institutions (%) | 84.83% |
| Shares Floating | 681.73M |
| Failed to Deliver (FTD) Shares | 56 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 8.68M, so 1.27% of the outstanding shares have been sold short.
| Short Interest | 8.68M |
| Short % of Shares Out | 1.27% |
| Short % of Float | 1.44% |
| Short Ratio (days to cover) | 2.6 |
Valuation Ratios
The PE ratio is 43.7 and the forward PE ratio is 17.06. Corteva's PEG ratio is 1.75.
| PE Ratio | 43.7 |
| Forward PE | 17.06 |
| PS Ratio | 2.34 |
| Forward PS | 2.2 |
| PB Ratio | 1.67 |
| P/FCF Ratio | 23.33 |
| PEG Ratio | 1.75 |
Enterprise Valuation
Corteva has an Enterprise Value (EV) of 39.24B.
| EV / Sales | 2.32 |
| EV / EBITDA | 14.35 |
| EV / EBIT | 17.09 |
| EV / FCF | 23.09 |
Financial Position
The company has a current ratio of 1.45, with a Debt / Equity ratio of 0.11.
| Current Ratio | 1.45 |
| Quick Ratio | 0.93 |
| Debt / Equity | 0.11 |
| Debt / EBITDA | 0.99 |
| Debt / FCF | 1.59 |
| Interest Coverage | 9 |
Financial Efficiency
Return on Equity is 3.81% and Return on Invested Capital is 4.55%.
| Return on Equity | 3.81% |
| Return on Assets | 2.22% |
| Return on Invested Capital | 4.55% |
| Revenue Per Employee | $768.55K |
| Profits Per Employee | $41.23K |
| Employee Count | 22,000 |
| Asset Turnover | 0.41 |
| Inventory Turnover | 1.75 |
Taxes
| Income Tax | 412M |
| Effective Tax Rate | 32.31% |
Stock Price Statistics
The stock price has increased by 10.67% in the last 52 weeks. The beta is 0.73, so Corteva's price volatility has been higher than the market average.
| Beta | 0.73 |
| 52-Week Price Change | 10.67% |
| 50-Day Moving Average | 61.21 |
| 200-Day Moving Average | 58.53 |
| Relative Strength Index (RSI) | 48.53 |
| Average Volume (20 Days) | 4.5M |
Income Statement
In the last 12 months, Corteva had revenue of 16.91B and earned 907M in profits. Earnings per share was 1.3.
| Revenue | 16.91B |
| Gross Profit | 7.38B |
| Operating Income | 2.1B |
| Net Income | 907M |
| EBITDA | 2.73B |
| EBIT | 1.51B |
| Earnings Per Share (EPS) | 1.3 |
Balance Sheet
The company has 3.11B in cash and 2.7B in debt, giving a net cash position of 403M.
| Cash & Cash Equivalents | 3.11B |
| Total Debt | 2.7B |
| Net Cash | 403M |
| Retained Earnings | 55M |
| Total Assets | 40.83B |
| Working Capital | 4.71B |
Cash Flow
In the last 12 months, operating cash flow was 2.3B and capital expenditures -597M, giving a free cash flow of 1.7B.
| Operating Cash Flow | 2.3B |
| Capital Expenditures | -597M |
| Free Cash Flow | 1.7B |
| FCF Per Share | 2.44 |
Margins
Gross margin is 43.64%, with operating and profit margins of 12.4% and 5.36%.
| Gross Margin | 43.64% |
| Operating Margin | 12.4% |
| Pretax Margin | 7.54% |
| Profit Margin | 5.36% |
| EBITDA Margin | 16.18% |
| EBIT Margin | 12.4% |
| FCF Margin | 10.05% |
Dividends & Yields
CTVA pays an annual dividend of $0.67, which amounts to a dividend yield of 1.11%.
| Dividend Per Share | $0.67 |
| Dividend Yield | 1.11% |
| Dividend Growth (YoY) | 6.25% |
| Payout Ratio | 54.92% |
| Earnings Yield | 2.29% |
| FCF Yield | 4.29% |
Analyst Forecast
The average price target for CTVA is $70, which is 17.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $70 |
| Price Target Difference | 17.2% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
Scores
| Altman Z-Score | 2.13 |
| Piotroski F-Score | 8 |