StocksCTVA

CTVA

Corteva, Inc.Basic Materials / Agricultural InputsINTACT

Corteva, Inc. operates in the agriculture business. The company 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. The company was founded in 1802 and is headquartered in Indianapolis, Indiana.

Share Price
$83.90
52W: $60.54 - $90.97
DCF Fair Value
$99.23
+15.4%
P/E (TTM)
50.8x
ROIC
22.6%
Operating Margin
30.1%
FCF Yield
4.3%
Debt / Equity
0.19x
Piotroski Score
8/9
Altman Z-Score
3.62
Market Cap
$56B

Price vs. Intrinsic Value Corridor

Modest Value ($83.90 vs $99.23 DCF)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)
()
Period Range
$ - $
DCF Fair Value
$99.23
MOS Buy Target (-25%)
$74.42
Valuation Overlays:

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price
$83.90
DCF Fair Value
$99.41
+15.6%
$2,417M
$100M$2,417M (Reported)$50,000M
15.1%
-5%10% (Target)35%
4.5%
0%5%20%
9.0%
6%9% (Standard)15% (High Risk)
2.5%
1% (GDP Floor)2.5% (Inflation)4.0%
$2,500M
-$100B CashBalance Sheet+$150B Debt
10-Yr PV of Cash Flows
$28.3B
PV of Terminal Value
$40.5B
Implied Enterprise Value
$68.8B
Implied Equity Value
$66.3B
YearYr 1Yr 2Yr 3Yr 4Yr 5Yr 6Yr 7Yr 8Yr 9Yr 10
Projected FCF ($M)$2,782$3,202$3,686$4,242$4,883$5,102$5,332$5,572$5,823$6,085
Present Value (PV)$2,552$2,695$2,846$3,005$3,173$3,042$2,917$2,796$2,681$2,570

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-124.2% Premium
$37.42

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $1.65BVPS: $37.72
Revised Graham Formula-78.4% Premium
$47.04

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Buffett Owner Earnings4.1% Yield
$3.44 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $2.3BYield: 4.1%

Reverse DCF: Market Growth Expectation

FAIR BARRIER
7.6% CAGR (Next 10 Yrs)

At the current price of $83.90, the market is assuming the business will compound Free Cash Flow at 7.6% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict
✓ Low market hurdle: Easy for a wide-moat compounder to beat.
Autonomous Thesis Underwriting

Surveil CTVA with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Corteva, Inc.. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 30.1% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

Frequently Asked Questions: Corteva, Inc. (CTVA) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Corteva, Inc..

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Corteva, Inc. has an estimated DCF intrinsic fair value of $99.23 per share compared to its current market price of $83.90. This represents an estimated 15.4% margin of safety (trading below fair value). Additionally, its classic Benjamin Graham Number stands at $37.42.

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