CF

CF Industries Holdings Inc.

Energy


Presented:01/09/2015
Price:$59.44
Cap:$14.80B
Current Price:$85.07
Cap:$15.35B

Presented

Date01/09/2015
Price$59.44
Market Cap$14.80B
Ent Value$17.08B
P/E Ratio10.73x
Book Value$18.09
Div Yield2%
Shares O/S248.68M
Ave Daily Vol4,550,000
Short Int2.32%

Current

Price$85.07
Market Cap$15.35B
CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizer and other nitrogen products worldwide. The company’s principal nitrogen fertilizer products include ammonia, granular urea, and urea ammonium nitrate solution. Its other nitrogen products comprise ammonium nitrate, urea liquor, diesel exhaust fluid, and aqua ammonia. The company provides its products primarily to cooperatives, independent fertilizer distributors, and industrial users. CF Industries Holdings, Inc. was founded in 1946 and is based in Deerfield, Illinois.

Please note, this stock split on 06/18/2015 at a ratio of 5/1. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of $297.18.
Publicly traded companies mentioned herein: CF Industries Holdings Inc (CF), Yara International ASA (YAR NO)

Highlights

The presenter is long shares of CF Industries (CF) and believes the FCF story is compelling. Using a $3 natural gas price on a depressed urea price results in a 2017 FCF per share figure of $35. In his opinion, investors should focus on the out year cash flow generation and CF should trade at an 8% FCF yield, which implies a stock value of ~$425 is fair (40%+ upside).

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Idea Discussion

Commentor 1 - 2 weeks ago

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