CF INDUSTRIES HOLDINGS INC (CF) Fundamental Analysis & Valuation

NYSE:CF • US1252691001

Current stock price

130.64 USD
+0.67 (+0.52%)
Last:

This CF fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

10

1. CF Profitability Analysis

1.1 Basic Checks

  • CF had positive earnings in the past year.
  • In the past year CF had a positive cash flow from operations.
  • CF had positive earnings in each of the past 5 years.
  • Each year in the past 5 years CF had a positive operating cash flow.
CF Yearly Net Income VS EBIT VS OCF VS FCFCF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B

1.2 Ratios

  • With an excellent Return On Assets value of 10.33%, CF belongs to the best of the industry, outperforming 97.56% of the companies in the same industry.
  • CF has a better Return On Equity (30.07%) than 97.56% of its industry peers.
  • With an excellent Return On Invested Capital value of 14.76%, CF belongs to the best of the industry, outperforming 96.34% of the companies in the same industry.
  • CF had an Average Return On Invested Capital over the past 3 years of 13.07%. This is significantly above the industry average of 6.46%.
  • The last Return On Invested Capital (14.76%) for CF is above the 3 year average (13.07%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 10.33%
ROE 30.07%
ROIC 14.76%
ROA(3y)9.99%
ROA(5y)12.5%
ROE(3y)27.06%
ROE(5y)35.21%
ROIC(3y)13.07%
ROIC(5y)18.54%
CF Yearly ROA, ROE, ROICCF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

1.3 Margins

  • With an excellent Profit Margin value of 20.54%, CF belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • In the last couple of years the Profit Margin of CF has grown nicely.
  • CF has a Operating Margin of 33.53%. This is amongst the best in the industry. CF outperforms 96.34% of its industry peers.
  • CF's Operating Margin has improved in the last couple of years.
  • CF has a better Gross Margin (38.45%) than 80.49% of its industry peers.
  • In the last couple of years the Gross Margin of CF has grown nicely.
Industry RankSector Rank
OM 33.53%
PM (TTM) 20.54%
GM 38.45%
OM growth 3Y-12.88%
OM growth 5Y16.83%
PM growth 3Y-11.78%
PM growth 5Y21.72%
GM growth 3Y-9.8%
GM growth 5Y13.91%
CF Yearly Profit, Operating, Gross MarginsCF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. CF Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CF is creating some value.
  • The number of shares outstanding for CF has been reduced compared to 1 year ago.
  • CF has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for CF is higher compared to a year ago.
CF Yearly Shares OutstandingCF Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
CF Yearly Total Debt VS Total AssetsCF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • CF has an Altman-Z score of 2.92. This is not the best score and indicates that CF is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.92, CF is in the better half of the industry, outperforming 76.83% of the companies in the same industry.
  • CF has a debt to FCF ratio of 1.78. This is a very positive value and a sign of high solvency as it would only need 1.78 years to pay back of all of its debts.
  • CF has a Debt to FCF ratio of 1.78. This is amongst the best in the industry. CF outperforms 95.12% of its industry peers.
  • CF has a Debt/Equity ratio of 0.66. This is a neutral value indicating CF is somewhat dependend on debt financing.
  • CF has a Debt to Equity ratio (0.66) which is comparable to the rest of the industry.
  • Although CF's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.66
Debt/FCF 1.78
Altman-Z 2.92
ROIC/WACC1.03
WACC14.3%
CF Yearly LT Debt VS Equity VS FCFCF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B

2.3 Liquidity

  • A Current Ratio of 3.37 indicates that CF has no problem at all paying its short term obligations.
  • CF has a Current ratio of 3.37. This is amongst the best in the industry. CF outperforms 87.80% of its industry peers.
  • CF has a Quick Ratio of 2.93. This indicates that CF is financially healthy and has no problem in meeting its short term obligations.
  • CF has a better Quick ratio (2.93) than 90.24% of its industry peers.
Industry RankSector Rank
Current Ratio 3.37
Quick Ratio 2.93
CF Yearly Current Assets VS Current LiabilitesCF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. CF Growth Analysis

3.1 Past

  • CF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 54.03%, which is quite impressive.
  • The Earnings Per Share has been growing by 45.21% on average over the past years. This is a very strong growth
  • The Revenue has grown by 19.34% in the past year. This is quite good.
  • The Revenue has been growing by 11.43% on average over the past years. This is quite good.
EPS 1Y (TTM)54.03%
EPS 3Y-16.83%
EPS 5Y45.21%
EPS Q2Q%78.77%
Revenue 1Y (TTM)19.34%
Revenue growth 3Y-14.12%
Revenue growth 5Y11.43%
Sales Q2Q%22.83%

3.2 Future

  • The Earnings Per Share is expected to decrease by -1.18% on average over the next years.
  • Based on estimates for the next years, CF will show a small growth in Revenue. The Revenue will grow by 0.91% on average per year.
EPS Next Y-7.58%
EPS Next 2Y-12.91%
EPS Next 3Y-8.08%
EPS Next 5Y-1.18%
Revenue Next Year-0.74%
Revenue Next 2Y-1.22%
Revenue Next 3Y-1.36%
Revenue Next 5Y0.91%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • 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.
CF Yearly Revenue VS EstimatesCF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B 10B
CF Yearly EPS VS EstimatesCF Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 5 10 15

More info and screens

Find the best growth stocksShow best growing peers

6

4. CF Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 13.40, the valuation of CF can be described as correct.
  • Based on the Price/Earnings ratio, CF is valued cheaply inside the industry as 84.15% of the companies are valued more expensively.
  • CF is valuated rather cheaply when we compare the Price/Earnings ratio to 26.17, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 14.50, the valuation of CF can be described as correct.
  • Based on the Price/Forward Earnings ratio, CF is valued a bit cheaper than 67.07% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 23.05. CF is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 13.4
Fwd PE 14.5
CF Price Earnings VS Forward Price EarningsCF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CF is valued cheaply inside the industry as 91.46% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of CF indicates a rather cheap valuation: CF is cheaper than 86.59% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 11.14
EV/EBITDA 6.15
CF Per share dataCF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The excellent profitability rating of CF may justify a higher PE ratio.
  • A cheap valuation may be justified as CF's earnings are expected to decrease with -8.08% in the coming years.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y-12.91%
EPS Next 3Y-8.08%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. CF Dividend Analysis

5.1 Amount

  • CF has a Yearly Dividend Yield of 1.47%. Purely for dividend investing, there may be better candidates out there.
  • CF's Dividend Yield is comparable with the industry average which is at 2.07.
  • Compared to the average S&P500 Dividend Yield of 1.89, CF is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.47%

5.2 History

  • The dividend of CF is nicely growing with an annual growth rate of 10.93%!
  • CF has paid a dividend for at least 10 years, which is a reliable track record.
  • CF has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)10.93%
Div Incr Years0
Div Non Decr Years20
CF Yearly Dividends per shareCF Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • CF pays out 22.41% of its income as dividend. This is a sustainable payout ratio.
DP22.41%
EPS Next 2Y-12.91%
EPS Next 3Y-8.08%
CF Yearly Income VS Free CF VS DividendCF Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B 3B
CF Dividend Payout.CF Dividend Payout, showing the Payout Ratio.CF Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

CF Fundamentals: All Metrics, Ratios and Statistics

CF INDUSTRIES HOLDINGS INC

NYSE:CF (4/6/2026, 12:06:04 PM)

130.64

+0.67 (+0.52%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)02-18
Earnings (Next)05-06
Inst Owners106.44%
Inst Owner Change-0.02%
Ins Owners0.7%
Ins Owner Change-40.44%
Market Cap20.08B
Revenue(TTM)7.08B
Net Income(TTM)1.46B
Analysts54
Price Target107.33 (-17.84%)
Short Float %5.86%
Short Ratio2.03
Dividend
Industry RankSector Rank
Dividend Yield 1.47%
Yearly Dividend2.02
Dividend Growth(5Y)10.93%
DP22.41%
Div Incr Years0
Div Non Decr Years20
Ex-Date02-13
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.83%
Min EPS beat(2)0.72%
Max EPS beat(2)24.94%
EPS beat(4)3
Avg EPS beat(4)10.98%
Min EPS beat(4)-10.26%
Max EPS beat(4)28.54%
EPS beat(8)6
Avg EPS beat(8)5.77%
EPS beat(12)9
Avg EPS beat(12)6.79%
EPS beat(16)9
Avg EPS beat(16)2.36%
Revenue beat(2)1
Avg Revenue beat(2)-0.14%
Min Revenue beat(2)-2.35%
Max Revenue beat(2)2.07%
Revenue beat(4)3
Avg Revenue beat(4)1.97%
Min Revenue beat(4)-2.35%
Max Revenue beat(4)5.52%
Revenue beat(8)4
Avg Revenue beat(8)0.83%
Revenue beat(12)6
Avg Revenue beat(12)0.48%
Revenue beat(16)7
Avg Revenue beat(16)-0.45%
PT rev (1m)9.25%
PT rev (3m)12.6%
EPS NQ rev (1m)4.22%
EPS NQ rev (3m)17.58%
EPS NY rev (1m)20.67%
EPS NY rev (3m)23.97%
Revenue NQ rev (1m)3.6%
Revenue NQ rev (3m)5.88%
Revenue NY rev (1m)5.19%
Revenue NY rev (3m)5.14%
Valuation
Industry RankSector Rank
PE 13.4
Fwd PE 14.5
P/S 2.83
P/FCF 11.14
P/OCF 7.29
P/B 4.15
P/tB 10.72
EV/EBITDA 6.15
EPS(TTM)9.75
EY7.46%
EPS(NY)9.01
Fwd EY6.9%
FCF(TTM)11.73
FCFY8.98%
OCF(TTM)17.91
OCFY13.71%
SpS46.1
BVpS31.48
TBVpS12.18
PEG (NY)N/A
PEG (5Y)0.3
Graham Number83.11
Profitability
Industry RankSector Rank
ROA 10.33%
ROE 30.07%
ROCE 17.99%
ROIC 14.76%
ROICexc 17.37%
ROICexgc 23.62%
OM 33.53%
PM (TTM) 20.54%
GM 38.45%
FCFM 25.44%
ROA(3y)9.99%
ROA(5y)12.5%
ROE(3y)27.06%
ROE(5y)35.21%
ROIC(3y)13.07%
ROIC(5y)18.54%
ROICexc(3y)15.27%
ROICexc(5y)22.16%
ROICexgc(3y)20.8%
ROICexgc(5y)29.06%
ROCE(3y)15.93%
ROCE(5y)22.59%
ROICexgc growth 3Y-26.29%
ROICexgc growth 5Y29.23%
ROICexc growth 3Y-28.01%
ROICexc growth 5Y28.31%
OM growth 3Y-12.88%
OM growth 5Y16.83%
PM growth 3Y-11.78%
PM growth 5Y21.72%
GM growth 3Y-9.8%
GM growth 5Y13.91%
F-Score8
Asset Turnover0.5
Health
Industry RankSector Rank
Debt/Equity 0.66
Debt/FCF 1.78
Debt/EBITDA 0.98
Cap/Depr 105.79%
Cap/Sales 13.41%
Interest Coverage 17.34
Cash Conversion 84.08%
Profit Quality 123.85%
Current Ratio 3.37
Quick Ratio 2.93
Altman-Z 2.92
F-Score8
WACC14.3%
ROIC/WACC1.03
Cap/Depr(3y)73.07%
Cap/Depr(5y)66.08%
Cap/Sales(3y)9.89%
Cap/Sales(5y)8.31%
Profit Quality(3y)138.61%
Profit Quality(5y)154.95%
High Growth Momentum
Growth
EPS 1Y (TTM)54.03%
EPS 3Y-16.83%
EPS 5Y45.21%
EPS Q2Q%78.77%
EPS Next Y-7.58%
EPS Next 2Y-12.91%
EPS Next 3Y-8.08%
EPS Next 5Y-1.18%
Revenue 1Y (TTM)19.34%
Revenue growth 3Y-14.12%
Revenue growth 5Y11.43%
Sales Q2Q%22.83%
Revenue Next Year-0.74%
Revenue Next 2Y-1.22%
Revenue Next 3Y-1.36%
Revenue Next 5Y0.91%
EBIT growth 1Y38.81%
EBIT growth 3Y-25.18%
EBIT growth 5Y30.18%
EBIT Next Year15.44%
EBIT Next 3Y1.47%
EBIT Next 5Y3.5%
FCF growth 1Y2.8%
FCF growth 3Y-19.09%
FCF growth 5Y14.34%
OCF growth 1Y21.18%
OCF growth 3Y-10.63%
OCF growth 5Y17.46%

CF INDUSTRIES HOLDINGS INC / CF Fundamental Analysis FAQ

What is the ChartMill fundamental rating of CF INDUSTRIES HOLDINGS INC (CF) stock?

ChartMill assigns a fundamental rating of 7 / 10 to CF.


What is the valuation status of CF INDUSTRIES HOLDINGS INC (CF) stock?

ChartMill assigns a valuation rating of 6 / 10 to CF INDUSTRIES HOLDINGS INC (CF). This can be considered as Fairly Valued.


Can you provide the profitability details for CF INDUSTRIES HOLDINGS INC?

CF INDUSTRIES HOLDINGS INC (CF) has a profitability rating of 10 / 10.


Can you provide the PE and PB ratios for CF stock?

The Price/Earnings (PE) ratio for CF INDUSTRIES HOLDINGS INC (CF) is 13.4 and the Price/Book (PB) ratio is 4.15.


How sustainable is the dividend of CF INDUSTRIES HOLDINGS INC (CF) stock?

The dividend rating of CF INDUSTRIES HOLDINGS INC (CF) is 5 / 10 and the dividend payout ratio is 22.41%.