Corteva Statistics
Share Statistics
Corteva has 687.29M shares outstanding. The number of shares has increased by -1.77% in one year.
| Shares Outstanding | 687.29M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.68% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 686.16M |
| Failed to Deliver (FTD) Shares | 887 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 10.16M, so 1.48% of the outstanding shares have been sold short.
| Short Interest | 10.16M |
| Short % of Shares Out | 1.48% |
| Short % of Float | 1.48% |
| Short Ratio (days to cover) | 3.87 |
Valuation Ratios
The PE ratio is 46.22 and the forward PE ratio is 17.8. Corteva 's PEG ratio is 0.23.
| PE Ratio | 46.22 |
| Forward PE | 17.8 |
| PS Ratio | 1.97 |
| Forward PS | 2.3 |
| PB Ratio | 1.36 |
| P/FCF Ratio | 28.94 |
| PEG Ratio | 0.23 |
Enterprise Valuation
Corteva Inc. has an Enterprise Value (EV) of 33.82B.
| EV / Earnings | 46.01 |
| EV / Sales | 1.96 |
| EV / EBITDA | 13.33 |
| EV / EBIT | 16.03 |
| EV / FCF | 28.81 |
Financial Position
The company has a current ratio of 1.56, with a Debt / Equity ratio of 0.1.
| Current Ratio | 1.56 |
| Quick Ratio | 0.9 |
| Debt / Equity | 0.1 |
| Total Debt / Capitalization | 9.04 |
| Cash Flow / Debt | 0.71 |
| Interest Coverage | 9.06 |
Financial Efficiency
Return on equity (ROE) is 0.03% and return on capital (ROIC) is 6.54%.
| Return on Equity (ROE) | 0.03% |
| Return on Assets (ROA) | 0.02% |
| Return on Capital (ROIC) | 6.54% |
| Revenue Per Employee | 765.60K |
| Profits Per Employee | 32.67K |
| Employee Count | 22.50K |
| Asset Turnover | 0.4 |
| Inventory Turnover | 1.44 |
Taxes
| Income Tax | 152.00M |
| Effective Tax Rate | 0.14 |
Stock Price Statistics
The stock price has increased by 27.86% in the last 52 weeks. The beta is 0.77, so Corteva 's price volatility has been higher than the market average.
| Beta | 0.77 |
| 52-Week Price Change | 27.86% |
| 50-Day Moving Average | 59.56 |
| 200-Day Moving Average | 56.07 |
| Relative Strength Index (RSI) | 45.65 |
| Average Volume (20 Days) | 3.22M |
Income Statement
In the last 12 months, Corteva had revenue of $17.23B and earned $735.00M in profits. Earnings per share was $1.04.
| Revenue | 17.23B |
| Gross Profit | 7.31B |
| Operating Income | 2.11B |
| Net Income | 735.00M |
| EBITDA | 2.54B |
| EBIT | 2.11B |
| Earnings Per Share (EPS) | 1.04 |
Balance Sheet
The company has $2.64B in cash and $2.49B in debt, giving a net cash position of $155.00M.
| Cash & Cash Equivalents | 2.64B |
| Total Debt | 2.49B |
| Net Cash | 155.00M |
| Retained Earnings | -41.00M |
| Total Assets | 41.91B |
| Working Capital | 5.22B |
Cash Flow
In the last 12 months, operating cash flow was $1.77B and capital expenditures -$595.00M, giving a free cash flow of $1.17B.
| Operating Cash Flow | 1.77B |
| Capital Expenditures | -595.00M |
| Free Cash Flow | 1.17B |
| FCF Per Share | 1.66 |
Margins
Gross margin is 42.41%, with operating and profit margins of 12.25% and 4.27%.
| Gross Margin | 42.41% |
| Operating Margin | 12.25% |
| Pretax Margin | 6.35% |
| Profit Margin | 4.27% |
| EBITDA Margin | 14.73% |
| EBIT Margin | 12.25% |
| FCF Margin | 6.82% |
Dividends & Yields
CTVA pays an annual dividend of $0.68, which amounts to a dividend yield of 1.15%.
| Dividend Per Share | $0.68 |
| Dividend Yield | 1.15% |
| Dividend Growth (YoY) | 6.25% |
| Payout Ratio | 70.83% |
| Earnings Yield | 1.75% |
| FCF Yield | 2.87% |
Analyst Forecast
The average price target for CTVA is $67, which is 12.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $67 |
| Price Target Difference | 12.6% |
| Analyst Consensus | Buy |
| Analyst Count | 18 |
Scores
| Altman Z-Score | 2.11 |
| Piotroski F-Score | 6 |