NUTRIEN LTD (NTR.CA) Fundamental Analysis & Valuation
TSX:NTR • CA67077M1086
114.41 CAD
+11.01 (+10.65%)
Last: Mar 12, 2026, 07:00 PM
This NTR.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, NTR scores 6 out of 10 in our fundamental rating. NTR was compared to 28 industry peers in the Chemicals industry. NTR scores excellent on profitability, but there are some minor concerns on its financial health. NTR has a correct valuation and a medium growth rate.
1. NTR.CA Profitability Analysis
1.1 Basic Checks
- In the past year NTR was profitable.
- In the past year NTR had a positive cash flow from operations.
- Each year in the past 5 years NTR has been profitable.
- In the past 5 years NTR always reported a positive cash flow from operatings.
1.2 Ratios
- NTR has a better Return On Assets (4.33%) than 85.71% of its industry peers.
- NTR's Return On Equity of 8.95% is amongst the best of the industry. NTR outperforms 85.71% of its industry peers.
- NTR has a Return On Invested Capital of 5.83%. This is amongst the best in the industry. NTR outperforms 85.71% of its industry peers.
- NTR had an Average Return On Invested Capital over the past 3 years of 5.62%. This is in line with the industry average of 7.02%.
- The 3 year average ROIC (5.62%) for NTR is below the current ROIC(5.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.33% | ||
| ROE | 8.95% | ||
| ROIC | 5.83% |
ROA(3y)2.67%
ROA(5y)5.67%
ROE(3y)5.57%
ROE(5y)11.94%
ROIC(3y)5.62%
ROIC(5y)8.25%
1.3 Margins
- NTR has a better Profit Margin (8.43%) than 92.86% of its industry peers.
- NTR's Profit Margin has improved in the last couple of years.
- NTR has a Operating Margin of 13.33%. This is in the better half of the industry: NTR outperforms 78.57% of its industry peers.
- NTR's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 31.05%, NTR belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
- In the last couple of years the Gross Margin of NTR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.33% | ||
| PM (TTM) | 8.43% | ||
| GM | 31.05% |
OM growth 3Y-19.95%
OM growth 5Y12.68%
PM growth 3Y-25.29%
PM growth 5Y30.88%
GM growth 3Y-7.74%
GM growth 5Y4.07%
2. NTR.CA Health Analysis
2.1 Basic Checks
- NTR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, NTR has less shares outstanding
- Compared to 5 years ago, NTR has less shares outstanding
- Compared to 1 year ago, NTR has an improved debt to assets ratio.
2.2 Solvency
- NTR has an Altman-Z score of 2.00. This is not the best score and indicates that NTR is in the grey zone with still only limited risk for bankruptcy at the moment.
- NTR has a Altman-Z score of 2.00. This is in the better half of the industry: NTR outperforms 71.43% of its industry peers.
- The Debt to FCF ratio of NTR is 6.00, which is on the high side as it means it would take NTR, 6.00 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 6.00, NTR belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
- A Debt/Equity ratio of 0.44 indicates that NTR is not too dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.44, NTR is doing good in the industry, outperforming 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 6 | ||
| Altman-Z | 2 |
ROIC/WACC0.45
WACC12.89%
2.3 Liquidity
- NTR has a Current Ratio of 1.34. This is a normal value and indicates that NTR is financially healthy and should not expect problems in meeting its short term obligations.
- NTR's Current ratio of 1.34 is in line compared to the rest of the industry. NTR outperforms 46.43% of its industry peers.
- NTR has a Quick Ratio of 1.34. This is a bad value and indicates that NTR is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.70, NTR is not doing good in the industry: 60.71% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.7 |
3. NTR.CA Growth Analysis
3.1 Past
- NTR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 30.29%, which is quite impressive.
- NTR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.53% yearly.
- NTR shows a small growth in Revenue. In the last year, the Revenue has grown by 3.52%.
- The Revenue has been growing slightly by 5.16% on average over the past years.
EPS 1Y (TTM)30.29%
EPS 3Y-29.62%
EPS 5Y21.53%
EPS Q2Q%167.74%
Revenue 1Y (TTM)3.52%
Revenue growth 3Y-10.8%
Revenue growth 5Y5.16%
Sales Q2Q%5.72%
3.2 Future
- Based on estimates for the next years, NTR will show a small growth in Earnings Per Share. The EPS will grow by 1.67% on average per year.
- Based on estimates for the next years, NTR will show a small growth in Revenue. The Revenue will grow by 1.51% on average per year.
EPS Next Y5.57%
EPS Next 2Y2.17%
EPS Next 3Y2.35%
EPS Next 5Y1.67%
Revenue Next Year-0.64%
Revenue Next 2Y-0.14%
Revenue Next 3Y0.08%
Revenue Next 5Y1.51%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. NTR.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 18.45 indicates a rather expensive valuation of NTR.
- Compared to the rest of the industry, the Price/Earnings ratio of NTR indicates a rather cheap valuation: NTR is cheaper than 92.86% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 25.71. NTR is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 17.48, which indicates a rather expensive current valuation of NTR.
- Based on the Price/Forward Earnings ratio, NTR is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of NTR to the average of the S&P500 Index (23.82), we can say NTR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.45 | ||
| Fwd PE | 17.48 |
4.2 Price Multiples
- 82.14% of the companies in the same industry are more expensive than NTR, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of NTR indicates a rather cheap valuation: NTR is cheaper than 82.14% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.23 | ||
| EV/EBITDA | 8.13 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NTR does not grow enough to justify the current Price/Earnings ratio.
- NTR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.31
PEG (5Y)0.86
EPS Next 2Y2.17%
EPS Next 3Y2.35%
5. NTR.CA Dividend Analysis
5.1 Amount
- NTR has a Yearly Dividend Yield of 3.06%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 2.02, NTR pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, NTR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.06% |
5.2 History
- The dividend of NTR has a limited annual growth rate of 3.87%.
- NTR has been paying a dividend for over 5 years, so it has already some track record.
- NTR has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)3.87%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
- NTR pays out 46.80% of its income as dividend. This is a bit on the high side, but may be sustainable.
- NTR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP46.8%
EPS Next 2Y2.17%
EPS Next 3Y2.35%
NTR.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:NTR (3/12/2026, 7:00:00 PM)
114.41
+11.01 (+10.65%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)02-18 2026-02-18/amc
Earnings (Next)05-06 2026-05-06
Inst Owners75.95%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap55.05B
Revenue(TTM)26.89B
Net Income(TTM)2.27B
Analysts72.59
Price Target74.17 (-35.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.06% |
Yearly Dividend2.98
Dividend Growth(5Y)3.87%
DP46.8%
Div Incr Years6
Div Non Decr Years6
Ex-Date03-31 2026-03-31 (0.55)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.33%
Min EPS beat(2)-13.64%
Max EPS beat(2)0.97%
EPS beat(4)2
Avg EPS beat(4)-16.89%
Min EPS beat(4)-64.42%
Max EPS beat(4)9.5%
EPS beat(8)4
Avg EPS beat(8)-9.06%
EPS beat(12)4
Avg EPS beat(12)-16.55%
EPS beat(16)5
Avg EPS beat(16)-16.31%
Revenue beat(2)1
Avg Revenue beat(2)-1.2%
Min Revenue beat(2)-3.69%
Max Revenue beat(2)1.29%
Revenue beat(4)1
Avg Revenue beat(4)-3.16%
Min Revenue beat(4)-6.9%
Max Revenue beat(4)1.29%
Revenue beat(8)1
Avg Revenue beat(8)-4.41%
Revenue beat(12)3
Avg Revenue beat(12)-3.81%
Revenue beat(16)4
Avg Revenue beat(16)-3.49%
PT rev (1m)6.49%
PT rev (3m)10.44%
EPS NQ rev (1m)-15.4%
EPS NQ rev (3m)-24.51%
EPS NY rev (1m)0.46%
EPS NY rev (3m)0.87%
Revenue NQ rev (1m)0.32%
Revenue NQ rev (3m)0.32%
Revenue NY rev (1m)-1.98%
Revenue NY rev (3m)-2.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.45 | ||
| Fwd PE | 17.48 | ||
| P/S | 1.51 | ||
| P/FCF | 20.23 | ||
| P/OCF | 10.11 | ||
| P/B | 1.6 | ||
| P/tB | 3.52 | ||
| EV/EBITDA | 8.13 |
EPS(TTM)6.2
EY5.42%
EPS(NY)6.54
Fwd EY5.72%
FCF(TTM)5.66
FCFY4.94%
OCF(TTM)11.32
OCFY9.89%
SpS75.95
BVpS71.54
TBVpS32.55
PEG (NY)3.31
PEG (5Y)0.86
Graham Number99.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.33% | ||
| ROE | 8.95% | ||
| ROCE | 8.69% | ||
| ROIC | 5.83% | ||
| ROICexc | 5.93% | ||
| ROICexgc | 8.89% | ||
| OM | 13.33% | ||
| PM (TTM) | 8.43% | ||
| GM | 31.05% | ||
| FCFM | 7.45% |
ROA(3y)2.67%
ROA(5y)5.67%
ROE(3y)5.57%
ROE(5y)11.94%
ROIC(3y)5.62%
ROIC(5y)8.25%
ROICexc(3y)5.73%
ROICexc(5y)8.42%
ROICexgc(3y)8.72%
ROICexgc(5y)13.08%
ROCE(3y)8.49%
ROCE(5y)12.57%
ROICexgc growth 3Y-29.34%
ROICexgc growth 5Y14.16%
ROICexc growth 3Y-28.6%
ROICexc growth 5Y16.1%
OM growth 3Y-19.95%
OM growth 5Y12.68%
PM growth 3Y-25.29%
PM growth 5Y30.88%
GM growth 3Y-7.74%
GM growth 5Y4.07%
F-Score8
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 6 | ||
| Debt/EBITDA | 1.87 | ||
| Cap/Depr | 84.63% | ||
| Cap/Sales | 7.46% | ||
| Interest Coverage | 4.86 | ||
| Cash Conversion | 67.3% | ||
| Profit Quality | 88.31% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 2 |
F-Score8
WACC12.89%
ROIC/WACC0.45
Cap/Depr(3y)99.96%
Cap/Depr(5y)102.49%
Cap/Sales(3y)8.31%
Cap/Sales(5y)7.56%
Profit Quality(3y)161.2%
Profit Quality(5y)124.87%
High Growth Momentum
Growth
EPS 1Y (TTM)30.29%
EPS 3Y-29.62%
EPS 5Y21.53%
EPS Q2Q%167.74%
EPS Next Y5.57%
EPS Next 2Y2.17%
EPS Next 3Y2.35%
EPS Next 5Y1.67%
Revenue 1Y (TTM)3.52%
Revenue growth 3Y-10.8%
Revenue growth 5Y5.16%
Sales Q2Q%5.72%
Revenue Next Year-0.64%
Revenue Next 2Y-0.14%
Revenue Next 3Y0.08%
Revenue Next 5Y1.51%
EBIT growth 1Y22.98%
EBIT growth 3Y-28.6%
EBIT growth 5Y18.49%
EBIT Next Year64.37%
EBIT Next 3Y17.92%
EBIT Next 5Y10.87%
FCF growth 1Y44.97%
FCF growth 3Y-29.33%
FCF growth 5Y2.45%
OCF growth 1Y13.35%
OCF growth 3Y-20.94%
OCF growth 5Y3.81%
NUTRIEN LTD / NTR.CA FAQ
What is the ChartMill fundamental rating of NUTRIEN LTD (NTR.CA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to NTR.CA.
Can you provide the valuation status for NUTRIEN LTD?
ChartMill assigns a valuation rating of 6 / 10 to NUTRIEN LTD (NTR.CA). This can be considered as Fairly Valued.
How profitable is NUTRIEN LTD (NTR.CA) stock?
NUTRIEN LTD (NTR.CA) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for NTR stock?
The Price/Earnings (PE) ratio for NUTRIEN LTD (NTR.CA) is 18.45 and the Price/Book (PB) ratio is 1.6.
What is the financial health of NUTRIEN LTD (NTR.CA) stock?
The financial health rating of NUTRIEN LTD (NTR.CA) is 5 / 10.