Nutrien Stock Z Score
NTR Stock | USD 54.31 0.68 1.27% |
Nutrien | Z Score |
Nutrien Z Score Analysis
Nutrien's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
More About Z Score | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Price Earnings Ratio | 13.59 | 5.45 | 22.23 | 21.12 | Short Term Coverage Ratios | 1.63 | 2.71 | 1.95 | 1.86 |
Z Score | = | Sum Of | | 5 Factors |
Current Nutrien Z Score | 2.59 |
Most of Nutrien's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nutrien is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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Nutrien Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Nutrien is extremely important. It helps to project a fair market value of Nutrien Stock properly, considering its historical fundamentals such as Z Score. Since Nutrien's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nutrien's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nutrien's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition |
Based on the company's disclosures, Nutrien has a Z Score of 2.59. This is 3.19% higher than that of the Chemicals sector and 63.92% higher than that of the Materials industry. The z score for all United States stocks is 70.3% higher than that of the company.
Nutrien Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nutrien's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nutrien could also be used in its relative valuation, which is a method of valuing Nutrien by comparing valuation metrics of similar companies.Nutrien is currently under evaluation in z score category among related companies.
Nutrien ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nutrien's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nutrien's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Nutrien Institutional Holders
Institutional Holdings refers to the ownership stake in Nutrien that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nutrien's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nutrien's value.Shares | 1832 Asset Management L.p | 2023-12-31 | 8 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 8 M | Manufacturers Life Insurance Co | 2023-12-31 | 7.7 M | Cibc Global Asset Management Inc | 2023-12-31 | 6.5 M | Bank Of Nova Scotia | 2023-12-31 | 6.1 M | Norges Bank | 2023-12-31 | 5.9 M | Cibc World Markets Inc. | 2023-12-31 | 5.4 M | Canada Pension Plan Investment Board | 2023-12-31 | 5.2 M | The Toronto-dominion Bank | 2023-12-31 | 4.9 M | Royal Bank Of Canada | 2023-12-31 | 28.1 M | Vanguard Group Inc | 2023-12-31 | 18.2 M |
Nutrien Fundamentals
Return On Equity | 0.0502 | |||
Return On Asset | 0.0414 | |||
Profit Margin | 0.04 % | |||
Operating Margin | 0.07 % | |||
Current Valuation | 38.19 B | |||
Shares Outstanding | 494.56 M | |||
Shares Owned By Insiders | 0.02 % | |||
Shares Owned By Institutions | 68.30 % | |||
Number Of Shares Shorted | 3.12 M | |||
Price To Earning | 75.49 X | |||
Price To Book | 1.05 X | |||
Price To Sales | 0.94 X | |||
Revenue | 29.59 B | |||
Gross Profit | 15.42 B | |||
EBITDA | 6.14 B | |||
Net Income | 1.28 B | |||
Cash And Equivalents | 711 M | |||
Cash Per Share | 1.32 X | |||
Total Debt | 12.5 B | |||
Debt To Equity | 0.44 % | |||
Current Ratio | 1.21 X | |||
Book Value Per Share | 50.87 X | |||
Cash Flow From Operations | 5.16 B | |||
Short Ratio | 1.48 X | |||
Earnings Per Share | 2.53 X | |||
Price To Earnings To Growth | 0.61 X | |||
Target Price | 66.71 | |||
Number Of Employees | 25.9 K | |||
Beta | 0.97 | |||
Market Capitalization | 26.86 B | |||
Total Asset | 52.48 B | |||
Retained Earnings | 11.47 B | |||
Working Capital | 2.05 B | |||
Current Asset | 4.57 B | |||
Current Liabilities | 3.69 B | |||
Z Score | 2.59 | |||
Annual Yield | 0.04 % | |||
Five Year Return | 3.13 % | |||
Net Asset | 52.48 B | |||
Last Dividend Paid | 2.12 |
About Nutrien Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nutrien's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nutrien using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nutrien based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.It offers potash, nitrogen, phosphate, and sulfate products and financial solutions. The company was founded in 2017 and is headquartered in Saskatoon, Canada. Nutrien operates under Agricultural Inputs classification in the United States and is traded on New York Stock Exchange. It employs 23500 people.
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When running Nutrien's price analysis, check to measure Nutrien's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nutrien is operating at the current time. Most of Nutrien's value examination focuses on studying past and present price action to predict the probability of Nutrien's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutrien's price. Additionally, you may evaluate how the addition of Nutrien to your portfolios can decrease your overall portfolio volatility.
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Is Nutrien's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nutrien. If investors know Nutrien will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nutrien listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.84) | Dividend Share 2.12 | Earnings Share 2.53 | Revenue Per Share 56.573 | Quarterly Revenue Growth (0.26) |
The market value of Nutrien is measured differently than its book value, which is the value of Nutrien that is recorded on the company's balance sheet. Investors also form their own opinion of Nutrien's value that differs from its market value or its book value, called intrinsic value, which is Nutrien's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nutrien's market value can be influenced by many factors that don't directly affect Nutrien's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nutrien's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nutrien is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nutrien's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.