Corteva, Inc. Logo

Corteva, Inc.

CTVA

(3.2)
Stock Price

58,60 USD

4.14% ROA

2.88% ROE

34.48x PER

Market Cap.

32.480.959.610,00 USD

23.38% DER

1.35% Yield

4.27% NPM

Corteva, Inc. Stock Analysis

Corteva, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Corteva, Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (20%), which means it has a small amount of debt compared to the ownership it holds

2 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

3 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last five years, showcasing a commitment to rewarding shareholders.

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 ROE

ROE in an average range (3.71%) suggests satisfactory profitability and decent utilization of shareholders' equity.

6 ROA

The stock's ROA (4%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

7 PBV

The stock's PBV ratio (1.28x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

8 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

9 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (719), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

10 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

11 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

Corteva, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Corteva, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Corteva, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Corteva, Inc. Revenue
Year Revenue Growth
2016 14.041.000.000
2017 14.240.000.000 1.4%
2018 14.287.000.000 0.33%
2019 13.846.000.000 -3.19%
2020 14.217.000.000 2.61%
2021 15.655.000.000 9.19%
2022 17.455.000.000 10.31%
2023 10.360.000.000 -68.48%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Corteva, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2016 1.507.000.000
2017 1.509.000.000 0.13%
2018 1.432.000.000 -5.38%
2019 1.147.000.000 -24.85%
2020 1.142.000.000 -0.44%
2021 1.187.000.000 3.79%
2022 1.216.000.000 2.38%
2023 1.340.000.000 9.25%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Corteva, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2016 2.937.000.000
2017 2.972.000.000 1.18%
2018 2.902.000.000 -2.41%
2019 3.065.000.000 5.32%
2020 3.043.000.000 -0.72%
2021 0 0%
2022 3.173.000.000 100%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Corteva, Inc. EBITDA
Year EBITDA Growth
2016 1.133.000.000
2017 458.000.000 -147.38%
2018 4.080.000.000 88.77%
2019 1.274.000.000 -220.25%
2020 2.232.000.000 42.92%
2021 3.908.000.000 42.89%
2022 3.091.000.000 -26.43%
2023 -1.260.000.000 345.32%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Corteva, Inc. Gross Profit
Year Gross Profit Growth
2016 5.650.000.000
2017 5.838.000.000 3.22%
2018 5.766.000.000 -1.25%
2019 5.271.000.000 -9.39%
2020 5.710.000.000 7.69%
2021 6.435.000.000 11.27%
2022 7.019.000.000 8.32%
2023 3.776.000.000 -85.88%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Corteva, Inc. Net Profit
Year Net Profit Growth
2016 503.000.000
2017 2.534.000.000 80.15%
2018 -4.991.000.000 150.77%
2019 -270.000.000 -1748.52%
2020 681.000.000 139.65%
2021 1.759.000.000 61.28%
2022 1.147.000.000 -53.36%
2023 -1.284.000.000 189.33%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Corteva, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2016 1
2017 3 100%
2018 -7 150%
2019 0 0%
2020 1 0%
2021 2 100%
2022 2 -100%
2023 -2 200%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Corteva, Inc. Free Cashflow
Year Free Cashflow Growth
2018 -1.018.000.000
2019 -93.000.000 -994.62%
2020 1.589.000.000 105.85%
2021 2.154.000.000 26.23%
2022 267.000.000 -706.74%
2023 -267.000.000 200%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Corteva, Inc. Operating Cashflow
Year Operating Cashflow Growth
2018 483.000.000
2019 1.070.000.000 54.86%
2020 2.064.000.000 48.16%
2021 2.727.000.000 24.31%
2022 872.000.000 -212.73%
2023 -105.000.000 930.48%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Corteva, Inc. Capital Expenditure
Year Capital Expenditure Growth
2018 1.501.000.000
2019 1.163.000.000 -29.06%
2020 475.000.000 -144.84%
2021 573.000.000 17.1%
2022 605.000.000 5.29%
2023 162.000.000 -273.46%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Corteva, Inc. Equity
Year Equity Growth
2018 23.824.000.000
2019 24.555.000.000 2.98%
2020 25.063.000.000 2.03%
2021 25.623.000.000 2.19%
2022 25.541.000.000 -0.32%
2023 25.467.000.000 -0.29%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Corteva, Inc. Assets
Year Assets Growth
2018 42.880.000.000
2019 42.397.000.000 -1.14%
2020 42.649.000.000 0.59%
2021 42.344.000.000 -0.72%
2022 42.618.000.000 0.64%
2023 43.110.000.000 1.14%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Corteva, Inc. Liabilities
Year Liabilities Growth
2018 19.056.000.000
2019 17.842.000.000 -6.8%
2020 17.586.000.000 -1.46%
2021 16.721.000.000 -5.17%
2022 17.077.000.000 2.08%
2023 17.643.000.000 3.21%

Corteva, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
24.48
Net Income per Share
1.34
Price to Earning Ratio
34.48x
Price To Sales Ratio
1.87x
POCF Ratio
79.83
PFCF Ratio
-219.47
Price to Book Ratio
1.29
EV to Sales
2.08
EV Over EBITDA
14.2
EV to Operating CashFlow
88.33
EV to FreeCashFlow
-244.09
Earnings Yield
0.03
FreeCashFlow Yield
-0
Market Cap
32,48 Bil.
Enterprise Value
36,13 Bil.
Graham Number
32.73
Graham NetNet
-10.14

Income Statement Metrics

Net Income per Share
1.34
Income Quality
0.43
ROE
0.04
Return On Assets
0.02
Return On Capital Employed
0.05
Net Income per EBT
0.67
EBT Per Ebit
0.71
Ebit per Revenue
0.09
Effective Tax Rate
0.14

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0.08
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.42
Operating Profit Margin
0.09
Pretax Profit Margin
0.06
Net Profit Margin
0.04

Dividends

Dividend Yield
0.01
Dividend Yield %
1.35
Payout Ratio
0.46
Dividend Per Share
0.62

Operating Metrics

Operating Cashflow per Share
0.58
Free CashFlow per Share
-0.21
Capex to Operating CashFlow
-1.36
Capex to Revenue
-0.03
Capex to Depreciation
-0.46
Return on Invested Capital
0.04
Return on Tangible Assets
0.04
Days Sales Outstanding
138.5
Days Payables Outstanding
133.39
Days of Inventory on Hand
229.21
Receivables Turnover
2.64
Payables Turnover
2.74
Inventory Turnover
1.59
Capex per Share
-0.79

Balance Sheet

Cash per Share
3,33
Book Value per Share
35,61
Tangible Book Value per Share
7.38
Shareholders Equity per Share
35.61
Interest Debt per Share
8.62
Debt to Equity
0.23
Debt to Assets
0.14
Net Debt to EBITDA
1.43
Current Ratio
1.58
Tangible Asset Value
5,23 Bil.
Net Current Asset Value
-1,31 Bil.
Invested Capital
0.23
Working Capital
5,99 Bil.
Intangibles to Total Assets
0.47
Average Receivables
7,27 Bil.
Average Payables
3,53 Bil.
Average Inventory
5974000000
Debt to Market Cap
0.18

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Corteva, Inc. Dividends
Year Dividends Growth
2019 0
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%

Corteva, Inc. Profile

About Corteva, Inc.

Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics. This segment also provides digital solutions that assist farmer decision-making with a view to optimize product selection, and maximize yield and profitability. The Crop Protection segment offers products that protect against weeds, insects and other pests, and diseases, as well as enhances crop health above and below ground through nitrogen management and seed-applied technologies. This segment provides herbicides, insecticides, nitrogen stabilizers, and pasture and range management herbicides. It serves agricultural input industry. The company operates in the United States, Canada, Latin America, the Asia Pacific, Europe, the Middle East, and Africa. Corteva, Inc. was incorporated in 2018 and is headquartered in Indianapolis, Indiana.

CEO
Mr. Charles Victor Magro B.Sc.
Employee
22.500
Address
9330 Zionsville Road
Indianapolis, 46268-0735

Corteva, Inc. Executives & BODs

Corteva, Inc. Executives & BODs
# Name Age
1 Mr. Sid Gorham
Chief Executive Officer of Granular & President of Corteva Digital Business Platform
70
2 Ms. Brook Cunningham
Senior Vice President & Chief Strategy Officer
70
3 Mr. David John Anderson B.S., M.B.A.
Executive Vice President & Chief Financial Officer
70
4 Mr. Cornel B. Fuerer
Senior Vice President, Secretary & General Counsel
70
5 Mr. Timothy P. Glenn
Executive Vice President of Seed Business Unit
70
6 Mr. Robert King
Executive Vice President of Crop Protection Business Unit
70
7 Ms. Audrey Grimm
Senior Vice President, Chief HR & Diversity Officer
70
8 Mr. Charles Victor Magro B.Sc. (Chem), MBA
Chief Executive Officer & Director
70
9 Mr. Brian Titus
Vice President, Controller & Principal Accounting Officer
70
10 Kimberly Booth
Vice President of Investor Relations
70

Corteva, Inc. Competitors