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CF Industries Holdings Inc Stock Research

CF

73.06USD+0.58(+0.80%)Market Closed

Market Summary

USD73.06+0.58
Market Closed
0.80%

CF Stock Price

CF RSI Chart

CF Valuation

Market Cap

14.6B

Price/Earnings (Trailing)

3.72

Price/Sales (Trailing)

1.31

EV/EBITDA

1.96

Price/Free Cashflow

4.3

CF Price/Sales (Trailing)

CF Profitability

Operating Margin

52.40%

EBT Margin

45.55%

Return on Equity

77.94%

Return on Assets

29.57%

Free Cashflow Yield

23.26%

CF Fundamentals

CF Revenue

Revenue (TTM)

11.2B

Revenue Y/Y

2.68%

Revenue Q/Q

12.37%

CF Earnings

Earnings (TTM)

3.9B

Earnings Y/Y

17.46%

Earnings Q/Q

87.55%

Price Action

52 Week Range

70.69119.13
(Low)(High)

Last 7 days

-14.0%

Last 30 days

-16.2%

Last 90 days

-23.3%

Trailing 12 Months

-22.7%

CF Financial Health

Current Ratio

3.69

CF Investor Care

Dividend Yield

2.05%

Dividend/Share (TTM)

1.5

Buy Backs (1Y)

6.84%

Diluted EPS (TTM)

16.38

Peers (Alternatives to CF Industries Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
45.2B
14.2B
7.67% -4.79%
41.38
3.18
11.42% -3.38%
21.3B
12.4B
-14.07% -30.43%
-11.45
1.72
6.73% -768.10%
15.1B
19.1B
-10.93% -23.25%
4.22
0.79
54.77% 119.72%
14.6B
11.2B
-16.16% -22.68%
3.72
1.31
71.09% 212.46%
MID-CAP
5.3B
4.9B
-4.95% 17.14%
26.11
1.1
10.60% -27.40%
4.6B
2.5B
-7.98% -13.47%
24.63
1.82
6.23% -7.71%
4.2B
3.9B
-7.47% -33.97%
-9.23
1.07
-18.08% -203.17%
3.5B
3.7B
-9.37% -0.43%
19.5
0.94
14.37% 11.72%
3.4B
2.8B
-2.30% 6.20%
12.09
1.22
17.35% 46.43%
SMALL-CAP
886.3M
835.6M
-14.09% -12.40%
3.09
1.06
56.89% 266.96%
616.4M
608.4M
-4.51% 17.71%
21.72
1.01
12.92% 31.26%
428.8M
258.8M
-24.68% -69.95%
-1.26
1.66
-27.46% 18.54%
145.5M
-
-28.10% -47.84%
-6.97
3.28
- -
55.6M
148.4M
-1.44% -50.07%
-1
0.37
-17.87% 42.15%

Financials for CF Industries Holdings

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.6%11,18611,11810,1598,3586,538
Gross Profit1.8%5,8615,7605,2843,7962,387
Operating Expenses5.5%558529895718705
  S&GA Expenses12.0%290259245232223
EBITDA0.9%6,2896,2315,3854,069-
EBITDA Margin0.3%0.56*0.56*0.53*0.49*-
Earnings Before Taxes3.4%5,0954,9284,0982,8001,543
EBT Margin2.8%0.46*0.44*0.40*0.34*-
Interest Expenses-16.7%344413413377184
Net Income4.0%3,9373,7873,1582,1361,260
Net Income Margin3.3%0.35*0.34*0.31*0.26*-
Free Cahsflow-20.9%3,4024,2993,9853,180-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.2%13,31313,28013,42313,78212,375
  Current Assets-0.2%3,6733,6803,7383,8262,593
    Cash Equivalents6.0%2,3232,1922,3702,6171,628
  Inventory-5.2%474500497488408
  Net PPE-1.0%6,4376,5006,6226,9067,081
  Goodwill0.0%2,0892,0882,0902,0912,091
  Current Liabilities-28.0%9951,3811,0972,2281,432
    LT Debt, CurrentInfinity%499----
    LT Debt, Non Current0%2,9652,9652,9642,9633,465
Shareholder's Equity13.7%5,0514,4447,5146,7533,206
  Retained Earnings-5.4%3,8674,0873,7292,9072,088
  Additional Paid-In Capital-5.1%1,4121,4881,4741,4821,375
Shares Outstanding-3.8%200208209--
Minority Interest5.6%2,8022,6532,9252,7512,830
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-18.8%3,8554,7504,4473,6862,873
  Share Based Compensation5.1%41.0039.0036.0032.0030.00
Cashflow From Investing-12.5%-440-391-405-457-466
Cashflow From Financing6.8%-2,700-2,897-2,434-1,415-1,463
  Dividend Payments4.8%306292277259260
  Buy Backs-15.0%1,3471,5851,116637539

Risks for CF

What is the probability of a big loss on CF?

65.8%


Probability that CF Industries Holdings stock will be more than 20% underwater in next one year

21.5%


Probability that CF Industries Holdings stock will be more than 30% underwater in next one year.

18.9%


Probability that CF Industries Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CF drawdown profile look like?

Y-axis is the maximum loss one would have experienced if CF Industries Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for CF

Cumulative Returns on CF

8.8%


10-Year Cumulative Returns

14.7%


7-Year Cumulative Returns

16.5%


5-Year Cumulative Returns

41.1%


3-Year Cumulative Returns

What are the long-term rolling returns for CF?

FIve years rolling returns for CF Industries Holdings.

Annualized Returns

Which funds bought or sold CF recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
11.86
-6,727
587,273
0.02%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-6.88
-20,465,500
95,998,500
0.10%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-23.65
-160,000
334,000
-%
2023-03-01
Goehring & Rozencwajg Associates, LLC
new
-
7,600,550
7,600,550
2.70%
2023-02-28
Voya Investment Management LLC
added
60.96
17,055,700
57,201,700
0.08%
2023-02-27
Parallax Volatility Advisers, L.P.
new
-
3,066,860
3,066,860
-%
2023-02-27
ST GERMAIN D J CO INC
new
-
13,632
13,632
-%
2023-02-27
HARVEY CAPITAL MANAGEMENT INC
unchanged
-
-839,374
6,475,630
2.71%
2023-02-24
NATIXIS
sold off
-100
-12,898,000
-
-%
2023-02-24
National Pension Service
reduced
-2.64
-3,888,810
22,870,200
0.04%

1–10 of 44

Latest Funds Activity

Are funds buying CF calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CF
No. of Funds

CF Industries Holdings News

MarketBeat

Fulton Bank N.A. Cuts Holdings in CF Industries Holdings, Inc ....

MarketBeat,
42 minutes ago

Schedule 13G FIlings of CF Industries Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
6.2%
12,144,184
SC 13G/A
Feb 10, 2023
blackrock inc.
11.4%
22,272,451
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
12.89%
25,298,470
SC 13G/A
Jan 26, 2023
blackrock inc.
11.5%
22,566,951
SC 13G/A
Jan 20, 2023
blackrock inc.
11.5%
22,566,951
SC 13G/A
Mar 11, 2022
blackrock inc.
9.8%
21,036,924
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
6.6%
14,349,469
SC 13G/A
Feb 09, 2022
vanguard group inc
11.96%
25,652,876
SC 13G/A
Feb 09, 2022
blackrock inc.
11.0%
23,679,472
SC 13G/A

CF Fair Value

CF Industries Holdings fair value in different scenarios

The table shows the Fair Value estimates for CF Industries Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

185.57

154.00%

272.85

273.46%

386.96

429.65%

514.69

604.48%

622.95

752.66%
Current Inflation

168.36

130.44%

200.21

174.04%

355.41

386.46%

429.76

488.23%

550.37

653.31%
Very High Inflation

153.02

109.44%

213.19

191.80%

290.88

298.14%

378.56

418.15%

450.04

515.99%

Historical CF Industries Holdings Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of CF Industries Holdings

View All Filings
Date Filed Form Type Document
Mar 06, 2023
PRE 14A
PRE 14A
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Feb 23, 2023
10-K
Annual Report

Latest Insider Trading transactions for CF

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-28
Menzel Susan L
sold (taxes)
-762,016
85.89
-8,872
sr. vp, human resources
2023-02-28
Frost Bert A
sold (taxes)
-1,338,770
85.89
-15,587
sr vp sales mkt dev supply chn
2023-02-28
Malik Ashraf K
sold (taxes)
-475,229
85.89
-5,533
sr. vp, manufacturing & d'istn
2023-02-28
Hoker Richard A
sold (taxes)
-427,475
85.89
-4,977
vp and corporate controller
2023-02-28
Will W Anthony
acquired
-
-
150,794
president & ceo
2023-02-28
Bohn Christopher D
sold (taxes)
-1,243,170
85.89
-14,474
sr. vp and cfo
2023-02-28
Hoker Richard A
gifted
-
-
6,333
vp and corporate controller
2023-02-28
Hoker Richard A
gifted
-
-
-6,333
vp and corporate controller
2023-02-28
Menzel Susan L
acquired
-
-
20,105
sr. vp, human resources
2023-02-28
Malik Ashraf K
acquired
-
-
12,566
sr. vp, manufacturing & d'istn

1–10 of 50

W. Anthony Will
3000
CF Industries Holdings, Inc. manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium. It primarily serves cooperatives, independent fertilizer distributors, traders, wholesalers, and industrial users. The company was founded in 1946 and is headquartered in Deerfield, Illinois.

CF Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Net sales$ 11,186.0$ 6,538.0$ 4,124.0
Cost of sales5,325.04,151.03,323.0
Gross margin5,861.02,387.0801.0
Selling, general and administrative expenses290.0223.0206.0
U.K. goodwill impairment0.0285.00.0
U.K. long-lived and intangible asset impairment239.0236.00.0
Restructuring Charges19.00.00.0
Other operating—net10.0(39.0)(17.0)
Total other operating costs and expenses558.0705.0189.0
Equity in earnings of operating affiliate94.047.011.0
Operating earnings5,397.01,729.0623.0
Interest expense344.0184.0179.0
Interest income(65.0)(1.0)(18.0)
Loss on debt extinguishment8.019.00.0
Other non-operating—net15.0(16.0)(1.0)
Earnings before income taxes5,095.01,543.0463.0
Income tax provision1,158.0283.031.0
Net earnings3,937.01,260.0432.0
Less: Net earnings attributable to noncontrolling interest591.0343.0115.0
Net earnings attributable to common stockholders$ 3,346.0$ 917.0$ 317.0
Net earnings per share attributable to common stockholders:   
Basic$ 16.45$ 4.27$ 1.48
Diluted$ 16.38$ 4.24$ 1.47
Weighted-average common shares outstanding:   
Basic203.3215.0214.9
Diluted204.2216.2215.2

CF Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 2,323$ 1,628
Accounts receivable—net582497
Inventories474408
Prepaid income taxes2154
Other current assets7956
Total current assets3,6732,593
Property, plant and equipment—net6,4377,081
Investment in affiliate7482
Goodwill2,0892,091
Operating lease right-of-use assets254243
Other assets786285
Total assets13,31312,375
Current liabilities:  
Accounts payable and accrued expenses575565
Income taxes payable324
Customer advances229700
Current operating lease liabilities9389
Other current liabilities9554
Total current liabilities9951,432
Long-term debt2,9653,465
Deferred income taxes9581,029
Operating lease liabilities167162
Other liabilities375251
Stockholders’ equity:  
Preferred stock—$0.01 par value, 50,000,000 shares authorized00
Common stock—$0.01 par value, 500,000,000 shares authorized, 2022—195,604,404 shares issued and 2021—207,603,940 shares issued22
Paid-in capital1,4121,375
Retained earnings3,8672,088
Treasury stock—at cost, 2022—0 shares and 2021—27,962 shares0(2)
Accumulated other comprehensive loss(230)(257)
Total stockholders’ equity5,0513,206
Noncontrolling interest2,8022,830
Total equity7,8536,036
Total liabilities and equity$ 13,313$ 12,375