CT

Corteva IncNYSE CTVA Stock Report

Last reporting period 30 Sep, 2024

Updated 13 Nov, 2024

Last price

Market cap $B

40.046

Mega

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

Corteva Fair Value

CT

The fair market value of CTVA stock is 36.34 USD. Relative to the market price of 57.85 USD Corteva is overvalued by 37.2%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly overvalued 37.2%
36.34 USD
CTVA Fair Value
57.85 USD
Market price of CTVA

Corteva Valuation

Current CTVA share ticker price is 57.85 USD.

The fair value level of 36.34 USD can be considered as an effective entry point for long-term investors to start investing in CTVA stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 37% higher its fair value

Min value

Current price is 61% higher its minimum value

Max value

Current price is 21% higher its maximum value

24.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

CTVA stock is greatly overvalued

It means the current price may concern as a High Risk Entry Point

Corteva Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

45.95

2

Median P/E over 5 years

36.55

3

Minimum P/E over 5 years

22.75

4

Earning per share (last 12 months)

0.99 USD

Maximum value

1

x

4

=

45.69 USD

Fair value

2

x

4

=

36.34 USD

Minimum value

3

x

4

=

22.63 USD

Corteva Inc price metrics

16.75

Annual return (geometric mean)

33.69

Risk (standard deviation) of returns

β

0.77

Beta (volatility compared to market)

It means that CTVA stock is less volatile than the broader market

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View Section: Profitability