Obermatt

CF Industries

NYQ:CF · US1252691001
ChemicalsLarge

360

97
EV / EBIT100
Price / Owner Earnings71
Owner Earnings Yield100
Dividend Yield63
Price/Sales35
EV / Gross Profit60
Price/Book41
Return on Capital93
Cash Return on Capital90
Return on Equity97
EBIT Margin100
Gross Profitability53
Cash Conversion42
Accruals39
Owner Earnings Margin98
Sales growth88
Profit Growth92
Long-Term EPS Growth1
Owner Earnings Growth51
Reinvestment80
Price momentum67
Debt load79
Refinancing21
Debt Payback86
Liquidity92
Analyst ratings11
Opinion Changes67
Price Target Upside76
Market mood29
Value Creation20/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

CF Industries generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustryChemicals
SizeLarge
TypePublic Company
ExchangeNYSE
Founded2005
Employees1,639
ISINUS1252691001
Last UpdateApr 2, 2026
Themes
AgriTechClean EnergyCleanTechHydrogenRenewable AmmoniaAgricultureChemicalManufacturing

Description

CF Industries Holdings, Inc. engages in the production and distribution of ammonia and ammonia-derived nitrogen products for use as fertilizer. The company’s value chain consists of manufacturing complexes in the United States, Canada and the United…

Analysis

Hidden champion

CF Industries Holdings, Inc. fits the profile of a hidden champion, yet the market has not awarded it the premium its quality earns. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 10.1×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -3% a year, against analyst forecasts of -19%. The market is pricing in far more than analysts expect: heroic expectations.

Growth is moderate; the safety picture is sturdy. The company scores 20/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
84
2023202420252026

All-time high

84

Jun 2026

All-time low

35

Jan 2024

Average rank

61

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
35
37
17
44
Price/Earnings
84
63
77
97
Price/Book
41
41
47
40
Dividend Yield
63
88
63
62
Value (overall)
55
78
47
62

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →