XNYSCTVA
Market cap39bUSD
Dec 24, Last price
57.48USD
1D
0.98%
1Q
0.58%
IPO
99.86%
Name
Corteva Inc
Chart & Performance
P/E
53.75
P/S
2.29
EPS
1.07
Div Yield, %
1.11%
Shrs. gr., 5y
-1.02%
Rev. gr., 5y
3.81%
Revenues
17.23b
-1.31%
Net income
735m
-35.92%
CFO
1.77b
+102.87%
Dividend
Sep 03, 20240.17 USD/sh
Earnings
Jan 29, 2025
Profile
Corteva, Inc. is a holding company, which engages in the provision of agricultural products. The company is headquartered in Wilmington, Delaware. The Company’s seed platform develops and supplies germplasm. Its crop protection platform supplies products to protect crop yields against weeds, insects and disease. The company operates through two segments: seed and crop protection. Its seed segment provides solutions in various crops, including corn, soybean, sunflowers and wheat, and complementary crops such as alfalfa, canola, cotton, rice and sorghum, as well as silage inoculants. Its crop protection segment is focused on developing and supplying crop protection products and services. The company offers a range of crop protection products that service field crops, such as wheat, corn, soybean, sunflower, canola/oilseed rape and rice as well as specialty crops such as fruit, nut, vine, sugarcane, coffee and vegetables.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 17,226,000 -1.31% | 17,455,000 11.50% | 15,655,000 10.11% | |||||
Cost of revenue | 11,257,000 | 14,825,000 | 10,407,000 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 5,969,000 | 2,630,000 | 5,248,000 | |||||
NOPBT Margin | 34.65% | 15.07% | 33.52% | |||||
Operating Taxes | 152,000 | 210,000 | 524,000 | |||||
Tax Rate | 2.55% | 7.98% | 9.98% | |||||
NOPAT | 5,817,000 | 2,420,000 | 4,724,000 | |||||
Net income | 735,000 -35.92% | 1,147,000 -34.79% | 1,759,000 158.30% | |||||
Dividends | (439,000) | (418,000) | (397,000) | |||||
Dividend yield | 1.29% | 0.98% | 1.13% | |||||
Proceeds from repurchase of equity | (756,000) | (912,000) | (418,000) | |||||
BB yield | 2.22% | 2.14% | 1.19% | |||||
| Debt | ||||||||
Debt current | 198,000 | 24,000 | 17,000 | |||||
Long-term debt | 2,292,000 | 1,285,000 | 1,103,000 | |||||
Deferred revenue | 1,119,000 | 3,124,000 | ||||||
Other long-term liabilities | 4,118,000 | 2,812,000 | 1,719,000 | |||||
Net debt | (367,000) | (2,108,000) | (3,501,000) | |||||
| Cash flow | ||||||||
Cash from operating activities | 1,769,000 | 872,000 | 2,727,000 | |||||
CAPEX | (595,000) | (605,000) | (573,000) | |||||
Cash from investing activities | (1,987,000) | (632,000) | (362,000) | |||||
Cash from financing activities | (99,000) | (1,180,000) | (1,266,000) | |||||
FCF | 5,063,000 | 1,195,000 | 5,759,000 | |||||
| Balance | ||||||||
Cash | 2,742,000 | 3,315,000 | 4,545,000 | |||||
Long term investments | 115,000 | 102,000 | 76,000 | |||||
Excess cash | 1,995,700 | 2,544,250 | 3,838,250 | |||||
Stockholders' equity | (2,469,000) | (2,310,000) | (2,128,000) | |||||
Invested Capital | 34,355,000 | 32,906,000 | 33,565,000 | |||||
ROIC | 17.30% | 7.28% | 13.63% | |||||
ROCE | 18.21% | 8.29% | 16.07% | |||||
| EV | ||||||||
Common stock shares outstanding | 711,900 | 724,500 | 741,600 | |||||
Price | 47.92 -18.48% | 58.78 24.32% | 47.28 22.11% | |||||
Market cap | 34,114,248 -19.89% | 42,586,110 21.46% | 35,062,848 20.55% | |||||
EV | 33,989,248 | 40,717,110 | 31,800,848 | |||||
EBITDA | 7,180,000 | 3,853,000 | 6,491,000 | |||||
EV/EBITDA | 4.73 | 10.57 | 4.90 | |||||
Interest | 233,000 | 79,000 | 30,000 | |||||
Interest/NOPBT | 3.90% | 3.00% | 0.57% | |||||