MOS

The Mosaic Co

Industrial/Transportation


Presented:04/06/2018
Price:$24.22
Cap:$8.50B
Current Price:$25.53
Cap:$8.13B

Presented

Date04/06/2018
Price$24.22
Market Cap$8.50B
Ent Value$12.10B
P/E RatioN/A
Book Value$27.40
Div Yield0.41%
Shares O/S351.00M
Ave Daily Vol5,026,254
Short Int5.71%

Current

Price$25.53
Market Cap$8.13B
The Mosaic Co. engages in the production and marketing of concentrated phosphate and potash crop nutrients. The company operates its businesses through its wholly and majority owned subsidiaries. It operates through the following segments: Phosphates, Potash, and International Distribution. The Phosphates segment owns and operates mines and production facilities in North America which produces concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and concentrated crop nutrients. The Potash segment owns and operates potash mines and production facilities in North America which produce potash-based crop nutrients, animal feed ingredients, and industrial products. The International Distribution segment is consists of sales offices, crop nutrient blending and bagging facilities, port terminals, and warehouses in Brazil, Paraguay, India, and China. The company was founded on October 22, 2004 and is headquartered in Plymouth, MN.

Publicly traded companies mentioned herein: Mosaic Co/The (MOS), Nutrien Ltd (NTR), Vale SA (VALE)

Highlights

The presenter is long shares of Mosaic (MOS) on the basis of a bullish view on phosphate and potash. MOS recently acquired a fertilizer segment from Vale, and the timing is fortuitous should phosphate and potash tighten up as expected by the presenter. The presenter believes Street models underappreciate the timing and magnitude of inflection in phosphate and potash commodities. He models $2B in 2019 EBITDA, compared to the Street’s $1.8B, with meaningful further upside if commodity pricing continues to appreciate.

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Idea Discussion

Commentor 1 - 2 weeks ago

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