Company Valuation: Corteva, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 34,463 41,998 33,771 39,148 45,294 55,746 - -
Change - 21.86% -19.59% 15.92% 15.7% 23.08% - -
Enterprise Value (EV) 1 31,121 40,114 33,616 38,745 43,353 55,274 53,806 52,642
Change - 28.9% -16.2% 15.26% 11.89% 27.5% -2.66% -2.16%
P/E ratio 19.9x 35.4x 46.5x 43.8x 41.9x 31.3x 25.9x 23x
PBR 1.35x 1.66x 1.36x 1.67x 1.87x 2.26x 2.16x 2.07x
PEG - -1.2x -1.2x 1.7x 1.8x 0.5x 1.2x 1.8x
Capitalization / Revenue 2.2x 2.41x 1.96x 2.32x 2.6x 3.05x 2.95x 2.87x
EV / Revenue 1.99x 2.3x 1.95x 2.29x 2.49x 3.02x 2.84x 2.71x
EV / EBITDA 12.1x 12.4x 9.94x 11.5x 11.3x 13.2x 12.1x 11.2x
EV / EBIT 15.1x 20x 15.5x 18x 16.4x 17.5x 15.8x 14.3x
EV / FCF 14.4x 150x 28.6x 25x 15.4x 216x 22.5x 20.5x
FCF Yield 6.92% 0.67% 3.49% 4% 6.49% 0.46% 4.44% 4.89%
Dividend per Share 2 0.54 0.58 0.58 0.66 - 0.7486 0.8024 0.8714
Rate of return 1.14% 0.99% 1.21% 1.16% - 0.9% 0.96% 1.05%
EPS 2 2.37 1.66 1.03 1.3 1.6 2.665 3.218 3.623
Distribution rate 22.8% 34.9% 56.3% 50.8% - 28.1% 24.9% 24%
Net sales 1 15,655 17,455 17,226 16,908 17,401 18,283 18,913 19,425
EBITDA 1 2,576 3,224 3,381 3,376 3,848 4,180 4,430 4,716
EBIT 1 2,055 2,001 2,170 2,149 2,645 3,158 3,410 3,690
Net income 1 1,759 1,147 735 907 1,094 1,690 1,969 2,308
Net Debt 1 -3,342 -1,884 -155 -403 -1,941 -472.1 -1,940 -3,104
Reference price 2 47.28 58.78 47.92 56.96 67.03 83.35 83.35 83.35
Nbr of stocks (in thousands) 728,909 714,492 704,729 687,293 675,732 668,820 - -
Announcement Date 2/2/22 2/1/23 1/31/24 2/5/25 2/3/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.28x3.02x13.22x0.9% 55.75B
11.81x1.36x7.05x4.69% 9.26B
21.73x1.37x7.43x1.36% 5.56B
32.22x5.92x22.55x0.47% 4.83B
18.93x1.66x9.32x4.57% 3.42B
Average 23.19x 2.67x 11.92x 2.4% 15.76B
Weighted average by Cap. 27.84x 2.83x 12.49x 1.51%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. CTVA Stock
  4. Valuation Corteva, Inc.