NUTRIEN LTD (NTR.CA) Stock Fundamental Analysis
TSX:NTR - Toronto Stock Exchange - CA67077M1086 - Common Stock - Currency: CAD
Taking everything into account, NTR scores 5 out of 10 in our fundamental rating. NTR was compared to 28 industry peers in the Chemicals industry. While NTR belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. NTR is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
NTR had positive earnings in the past year.
In the past year NTR had a positive cash flow from operations.
In the past 5 years NTR has always been profitable.
NTR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NTR's Return On Assets of 0.99% is fine compared to the rest of the industry. NTR outperforms 75.00% of its industry peers.
NTR has a better Return On Equity (2.19%) than 75.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.05%, NTR is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NTR is in line with the industry average of 7.51%.
The last Return On Invested Capital (4.05%) for NTR is well below the 3 year average (8.32%), which needs to be investigated, but indicates that NTR had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.99% | ||
| ROE | 2.19% | ||
| ROIC | 4.05% |
ROA(3y)5.91%
ROA(5y)5%
ROE(3y)12.48%
ROE(5y)10.56%
ROIC(3y)8.32%
ROIC(5y)7.08%
1.3 Margins
NTR has a better Profit Margin (2.05%) than 75.00% of its industry peers.
NTR's Profit Margin has declined in the last couple of years.
The Operating Margin of NTR (10.64%) is better than 71.43% of its industry peers.
In the last couple of years the Operating Margin of NTR has grown nicely.
The Gross Margin of NTR (28.47%) is better than 85.71% of its industry peers.
NTR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.64% | ||
| PM (TTM) | 2.05% | ||
| GM | 28.47% |
OM growth 3Y-13.8%
OM growth 5Y1.85%
PM growth 3Y-38.9%
PM growth 5Y-12.08%
GM growth 3Y-4.64%
GM growth 5Y1.41%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NTR is creating some value.
NTR has less shares outstanding than it did 1 year ago.
The number of shares outstanding for NTR has been reduced compared to 5 years ago.
The debt/assets ratio for NTR is higher compared to a year ago.
2.2 Solvency
NTR has an Altman-Z score of 1.56. This is a bad value and indicates that NTR is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.56, NTR is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
The Debt to FCF ratio of NTR is 17.12, which is on the high side as it means it would take NTR, 17.12 years of fcf income to pay off all of its debts.
NTR's Debt to FCF ratio of 17.12 is fine compared to the rest of the industry. NTR outperforms 75.00% of its industry peers.
A Debt/Equity ratio of 0.55 indicates that NTR is somewhat dependend on debt financing.
The Debt to Equity ratio of NTR (0.55) is better than 60.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 17.12 | ||
| Altman-Z | 1.56 |
ROIC/WACC0.52
WACC7.73%
2.3 Liquidity
A Current Ratio of 1.22 indicates that NTR should not have too much problems paying its short term obligations.
With a Current ratio value of 1.22, NTR perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
NTR has a Quick Ratio of 1.22. This is a bad value and indicates that NTR is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.59, NTR is doing worse than 60.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
The earnings per share for NTR have decreased by -1.70% in the last year.
Measured over the past years, NTR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.65% on average per year.
Looking at the last year, NTR shows a very negative growth in Revenue. The Revenue has decreased by -10.61% in the last year.
The Revenue has been growing slightly by 5.28% on average over the past years.
EPS 1Y (TTM)-1.7%
EPS 3Y-17.44%
EPS 5Y10.65%
EPS Q2Q%13.25%
Revenue 1Y (TTM)-10.61%
Revenue growth 3Y-2.14%
Revenue growth 5Y5.28%
Sales Q2Q%5.26%
3.2 Future
NTR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.40% yearly.
Based on estimates for the next years, NTR will show a small growth in Revenue. The Revenue will grow by 1.47% on average per year.
EPS Next Y9.38%
EPS Next 2Y8.36%
EPS Next 3Y4.39%
EPS Next 5Y3.4%
Revenue Next Year2.4%
Revenue Next 2Y1.71%
Revenue Next 3Y1.38%
Revenue Next 5Y1.47%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
NTR is valuated correctly with a Price/Earnings ratio of 16.10.
Based on the Price/Earnings ratio, NTR is valued cheaply inside the industry as 89.29% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of NTR to the average of the S&P500 Index (26.48), we can say NTR is valued slightly cheaper.
A Price/Forward Earnings ratio of 13.57 indicates a correct valuation of NTR.
NTR's Price/Forward Earnings ratio is rather cheap when compared to the industry. NTR is cheaper than 85.71% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.04, NTR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.1 | ||
| Fwd PE | 13.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NTR is valued cheaply inside the industry as 89.29% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, NTR is valued cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.71 | ||
| EV/EBITDA | 7.59 |
4.3 Compensation for Growth
NTR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of NTR may justify a higher PE ratio.
PEG (NY)1.72
PEG (5Y)1.51
EPS Next 2Y8.36%
EPS Next 3Y4.39%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.78%, NTR has a reasonable but not impressive dividend return.
NTR's Dividend Yield is a higher than the industry average which is at 5.91.
Compared to an average S&P500 Dividend Yield of 2.40, NTR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.78% |
5.2 History
The dividend of NTR has a limited annual growth rate of 2.94%.
NTR has been paying a dividend for over 5 years, so it has already some track record.
NTR has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)2.94%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
201.90% of the earnings are spent on dividend by NTR. This is not a sustainable payout ratio.
The dividend of NTR is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP201.9%
EPS Next 2Y8.36%
EPS Next 3Y4.39%
TSX:NTR (8/8/2025, 7:00:00 PM)
76.63
+0.07 (+0.09%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners73.92%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap37.44B
Analysts75.38
Price Target65.19 (-14.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.78% |
Yearly Dividend2.98
Dividend Growth(5Y)2.94%
DP201.9%
Div Incr Years6
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-38.09%
Min EPS beat(2)-64.42%
Max EPS beat(2)-11.77%
EPS beat(4)1
Avg EPS beat(4)-21.87%
Min EPS beat(4)-64.42%
Max EPS beat(4)4.79%
EPS beat(8)2
Avg EPS beat(8)-21.12%
EPS beat(12)3
Avg EPS beat(12)-21.26%
EPS beat(16)5
Avg EPS beat(16)-15.34%
Revenue beat(2)0
Avg Revenue beat(2)-6.17%
Min Revenue beat(2)-6.9%
Max Revenue beat(2)-5.44%
Revenue beat(4)0
Avg Revenue beat(4)-6.42%
Min Revenue beat(4)-8.9%
Max Revenue beat(4)-4.44%
Revenue beat(8)2
Avg Revenue beat(8)-4.3%
Revenue beat(12)3
Avg Revenue beat(12)-4.13%
Revenue beat(16)6
Avg Revenue beat(16)-1.93%
PT rev (1m)1.13%
PT rev (3m)6.95%
EPS NQ rev (1m)3.4%
EPS NQ rev (3m)7.81%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)1.11%
Revenue NY rev (1m)0.22%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.1 | ||
| Fwd PE | 13.57 | ||
| P/S | 1.06 | ||
| P/FCF | 31.71 | ||
| P/OCF | 9.27 | ||
| P/B | 1.13 | ||
| P/tB | 2.67 | ||
| EV/EBITDA | 7.59 |
EPS(TTM)4.76
EY6.21%
EPS(NY)5.65
Fwd EY7.37%
FCF(TTM)2.42
FCFY3.15%
OCF(TTM)8.27
OCFY10.79%
SpS72.25
BVpS67.62
TBVpS28.66
PEG (NY)1.72
PEG (5Y)1.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.99% | ||
| ROE | 2.19% | ||
| ROCE | 6.75% | ||
| ROIC | 4.05% | ||
| ROICexc | 4.14% | ||
| ROICexgc | 6.17% | ||
| OM | 10.64% | ||
| PM (TTM) | 2.05% | ||
| GM | 28.47% | ||
| FCFM | 3.34% |
ROA(3y)5.91%
ROA(5y)5%
ROE(3y)12.48%
ROE(5y)10.56%
ROIC(3y)8.32%
ROIC(5y)7.08%
ROICexc(3y)8.52%
ROICexc(5y)7.24%
ROICexgc(3y)13.15%
ROICexgc(5y)11.34%
ROCE(3y)13.7%
ROCE(5y)11.6%
ROICexcg growth 3Y-18.54%
ROICexcg growth 5Y4.74%
ROICexc growth 3Y-17.04%
ROICexc growth 5Y5.87%
OM growth 3Y-13.8%
OM growth 5Y1.85%
PM growth 3Y-38.9%
PM growth 5Y-12.08%
GM growth 3Y-4.64%
GM growth 5Y1.41%
F-Score5
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 17.12 | ||
| Debt/EBITDA | 2.62 | ||
| Cap/Depr | 88.74% | ||
| Cap/Sales | 8.1% | ||
| Interest Coverage | 3.69 | ||
| Cash Conversion | 57.91% | ||
| Profit Quality | 163% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 1.56 |
F-Score5
WACC7.73%
ROIC/WACC0.52
Cap/Depr(3y)112.14%
Cap/Depr(5y)101.14%
Cap/Sales(3y)7.97%
Cap/Sales(5y)7.55%
Profit Quality(3y)156.44%
Profit Quality(5y)184.5%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.7%
EPS 3Y-17.44%
EPS 5Y10.65%
EPS Q2Q%13.25%
EPS Next Y9.38%
EPS Next 2Y8.36%
EPS Next 3Y4.39%
EPS Next 5Y3.4%
Revenue 1Y (TTM)-10.61%
Revenue growth 3Y-2.14%
Revenue growth 5Y5.28%
Sales Q2Q%5.26%
Revenue Next Year2.4%
Revenue Next 2Y1.71%
Revenue Next 3Y1.38%
Revenue Next 5Y1.47%
EBIT growth 1Y-14.97%
EBIT growth 3Y-15.65%
EBIT growth 5Y7.22%
EBIT Next Year87.09%
EBIT Next 3Y23.25%
EBIT Next 5Y14.2%
FCF growth 1Y-82.38%
FCF growth 3Y-13.08%
FCF growth 5Y-4.89%
OCF growth 1Y-59.8%
OCF growth 3Y-3.11%
OCF growth 5Y-0.72%