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CTVA Corteva

materials · valued with glm-5.2 medium conviction · deep-dived 2026-09-09

SELL
Intrinsic value$27.13
Price (at call)$85.90
Margin of safety -68.4%
vs market (rating basis) -42.7%

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The story

Value drivers

Revenue growth (Y1)-0.1%
Terminal growth3.5%
Forecast horizon10y
Target operating margin10.9%
Years to target margin5
Sales-to-capital0.67
Beta0.58
Failure probability0.0%
Cost of capital (WACC)7.3%
Terminal WACC9.1%

Valuation bridge

PV of explicit FCFF7.17B
PV of terminal value9.23B
Equity value18.10B
÷ shares → per share$27.13

News

neutral +0.10 · 8 articles

  • Will Higher Peru Output Strengthen Mission Produce's Outlook?
  • Corteva CEO Sees Expansion From Corn Into Strawberries
  • ADM (ADM) Up 10.1% Since Last Earnings Report: Can It Continue?
  • Corteva Says Farmers Are Willing to Pay Up for High-Tech Seeds
  • DOLE or CTVA: Which Is the Better Value Stock Right Now?
  • Corteva (CTVA) Faces Near-Term Headwinds, but Its Long-Term Growth Story Remains Intact
  • Corteva's Vylor Spin-Off Seen as Key Rerating Catalyst, RBC Says
  • Four firms control more than half of the world’s seed supply. Italian farmers are fighting back and returning to the bartering system

Projected free cash flow to the firm

YrRevenueGrowthMarginNOPATReinvestFCFFPV
1 17.87B -0.1% 10.9% 1.38B 0 1.38B 1.29B
2 17.92B 0.3% 10.9% 1.39B 79.32M 1.31B 1.14B
3 18.05B 0.7% 10.9% 1.40B 186.76M 1.21B 980.71M
4 18.25B 1.1% 10.9% 1.41B 296.01M 1.12B 843.28M
5 18.52B 1.5% 10.9% 1.43B 408.39M 1.03B 721.87M
6 18.87B 1.9% 10.9% 1.46B 525.27M 936.00M 614.08M
7 19.31B 2.3% 10.9% 1.49B 648.12M 846.75M 517.84M
8 19.83B 2.7% 10.9% 1.54B 778.48M 756.73M 431.40M
9 20.44B 3.1% 10.9% 1.58B 918.08M 664.72M 353.24M
10 21.16B 3.5% 10.9% 1.64B 1.07B 569.41M 282.06M

History

DatePriceIntrinsicMoSRating
2026-09-09$85.90 $27.13 -68.4% SELL
2026-08-06$78.67 $35.95 -54.3% HOLD
2026-07-02$83.54 $32.26 -61.4% SELL
2026-06-23$79.11 $32.12 -59.4% SELL