Corteva Inc. (CTVA)
Corteva Statistics
Share Statistics
Corteva has 683.01M shares outstanding. The number of shares has increased by -0.07% in one year.
| Shares Outstanding | 683.01M |
| Shares Change (YoY) | -0.07% |
| Shares Change (QoQ) | -0.72% |
| Owned by Institutions (%) | 84.78% |
| Shares Floating | 681.72M |
| Failed to Deliver (FTD) Shares | 77 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 11.22M, so 1.63% of the outstanding shares have been sold short.
| Short Interest | 11.22M |
| Short % of Shares Out | 1.63% |
| Short % of Float | 1.64% |
| Short Ratio (days to cover) | 3.4 |
Valuation Ratios
The PE ratio is 43.7 and the forward PE ratio is 20.33. Corteva's PEG ratio is 1.75.
| PE Ratio | 43.7 |
| Forward PE | 20.33 |
| PS Ratio | 2.34 |
| Forward PS | 2.2 |
| PB Ratio | 1.67 |
| P/FCF Ratio | 23.33 |
| PEG Ratio | 1.75 |
Enterprise Valuation
Corteva Inc. has an Enterprise Value (EV) of 33.82B.
| EV / Earnings | 37.29 |
| EV / Sales | 2 |
| EV / EBITDA | 12.37 |
| EV / EBIT | 39.19 |
| EV / FCF | 19.91 |
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 |
| Total Debt / Capitalization | 10.2 |
| Cash Flow / Debt | 0.85 |
| Interest Coverage | 3.7 |
Financial Efficiency
Return on equity (ROE) is 0.04% and return on capital (ROIC) is 2.19%.
| Return on Equity (ROE) | 0.04% |
| Return on Assets (ROA) | 0.02% |
| Return on Capital (ROIC) | 2.19% |
| Revenue Per Employee | $768,545.45 |
| Profits Per Employee | $41,227.27 |
| Employee Count | 22,000 |
| Asset Turnover | 0.41 |
| Inventory Turnover | 1.75 |
Taxes
| Income Tax | 412M |
| Effective Tax Rate | 0.32 |
Stock Price Statistics
The stock price has increased by 5.93% in the last 52 weeks. The beta is 0.79, so Corteva's price volatility has been higher than the market average.
| Beta | 0.79 |
| 52-Week Price Change | 5.93% |
| 50-Day Moving Average | 62.49 |
| 200-Day Moving Average | 58.04 |
| Relative Strength Index (RSI) | 46.7 |
| Average Volume (20 Days) | 3.47M |
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 | 863M |
| Net Income | 907M |
| EBITDA | 2.73B |
| EBIT | 863M |
| 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 5.1% and 5.36%.
| Gross Margin | 43.64% |
| Operating Margin | 5.1% |
| Pretax Margin | 7.54% |
| Profit Margin | 5.36% |
| EBITDA Margin | 16.18% |
| EBIT Margin | 5.1% |
| 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 | 2.13% |
| FCF Yield | 4.07% |
Analyst Forecast
The average price target for CTVA is $70, which is 14.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $70 |
| Price Target Difference | 14.6% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
Scores
| Altman Z-Score | 2.24 |
| Piotroski F-Score | 8 |