Overview Dividends

(CF) CF Industries Holdings - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1252691001

Ammonia, Urea, Nitrate, Fertilizer, Industrial

CF EPS (Earnings per Share)

EPS Growth (3Y CAGR): 1.58%
EPS Trend (3Y Correlation): -33.9%

CF Revenue

Revenue Growth (3Y CAGR): -7.20%
Revenue Trend (3Y Correlation): -53.3%

Description: CF CF Industries Holdings October 30, 2025

CF Industries Holdings, Inc. (NYSE: CF) manufactures and sells hydrogen- and nitrogen-based products-including anhydrous ammonia, granular urea, urea-ammonium nitrate (UAN), and ammonium nitrate-serving cooperatives, retailers, independent distributors, traders, wholesalers, and industrial users across North America, Europe, and other global markets.

The firm operates through five segments (Ammonia, Granular Urea, UAN, AN, and Other) and also offers ancillary chemicals such as diesel exhaust fluid, urea liquor, nitric acid, and aqua-ammonia. Founded in 1946 and headquartered in Northbrook, Illinois, CF Industries is classified under the Fertilizers & Agricultural Chemicals sub-industry.

Key drivers to watch: (1) U.S. and global fertilizer demand is closely tied to crop-price trends and planting acreage, making grain price volatility a primary earnings catalyst; (2) Natural-gas input costs remain the dominant expense-CF Industries’ 2023 adjusted EBITDA margin was ~13% after a 30%-plus rise in gas prices; (3) The company’s recent capital-intensive expansion in the Gulf Coast and Europe aims to lock in lower-cost gas contracts, potentially improving cost structure and cash flow.

For a deeper, data-rich analysis of CF Industries’ valuation metrics and scenario modeling, you may find the research tools on ValueRay useful.

CF Stock Overview

Market Cap in USD	13,491m
Sub-Industry	Fertilizers & Agricultural Chemicals
IPO / Inception	2005-08-11

CF Stock Ratings

Growth Rating	7.17%
Fundamental	79.0%
Dividend Rating	80.6%
Return 12m vs S&P 500	-16.5%
Analyst Rating	3.10 of 5

CF Dividends

Dividend Yield 12m	2.96%
Yield on Cost 5y	10.24%
Annual Growth 5y	13.62%
Payout Consistency	97.7%
Payout Ratio	32.7%

CF Growth Ratios

Growth Correlation 3m	14.9%
Growth Correlation 12m	22.4%
Growth Correlation 5y	56.4%
CAGR 5y	-5.98%
CAGR/Max DD 3y (Calmar Ratio)	-0.13
CAGR/Mean DD 3y (Pain Ratio)	-0.26
Sharpe Ratio 12m	1.43
Alpha	-13.59
Beta	0.918
Volatility	29.93%
Current Volume	2640.4k
Average Volume 20d	1841.8k
Stop Loss	82 (-3%)
Signal	0.59

Piotroski VR‑10 (Strict, 0-10) 8.5

Net Income (1.30b TTM) > 0 and > 6% of Revenue (6% = 386.8m TTM)

FCFTA 0.13 (>2.0%) and ΔFCFTA 11.02pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 28.63% (prev 37.46%; Δ -8.83pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.18 (>3.0%) and CFO 2.50b > Net Income 1.30b (YES >=105%, WARN >=100%)

Net Debt (1.64b) to EBITDA (2.93b) ratio: 0.56 <= 3.0 (WARN <= 3.5)

Current Ratio 3.22 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (163.1m) change vs 12m ago -10.78% (target <= -2.0% for YES)

Gross Margin 38.65% (prev 34.39%; Δ 4.27pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 46.84% (prev 42.73%; Δ 4.12pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 13.15 (EBITDA TTM 2.93b / Interest Expense TTM 154.0m) >= 6 (WARN >= 3)

Altman Z'' 3.46

(A) 0.13 = (Total Current Assets 2.68b - Total Current Liabilities 830.0m) / Total Assets 13.75b

(B) 0.29 = Retained Earnings (Balance) 3.92b / Total Assets 13.75b

(D) 0.63 = Book Value of Equity 3.72b / Total Liabilities 5.93b

Total Rating: 3.46 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 78.96

1. Piotroski 8.50pt = 3.50

2. FCF Yield 11.81% = 5.0

3. FCF Margin 27.72% = 6.93

4. Debt/Equity 0.67 = 2.28

5. Debt/Ebitda 0.56 = 2.26

6. ROIC - WACC (= 12.02)% = 12.50

7. RoE 26.14% = 2.18

8. Rev. Trend -53.30% = -4.00

9. EPS Trend -33.85% = -1.69

What is the price of CF shares?

As of November 05, 2025, the stock is trading at USD 84.55 with a total of 2,640,401 shares traded.
Over the past week, the price has changed by -1.80%, over one month by -8.16%, over three months by -9.18% and over the past year by +0.20%.

Is CF Industries Holdings a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, CF Industries Holdings (NYSE:CF) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 78.96 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CF is around 76.89 USD . This means that CF is currently overvalued and has a potential downside of -9.06%.

Is CF a buy, sell or hold?

CF Industries Holdings has received a consensus analysts rating of 3.10. Therefor, it is recommend to hold CF.

Strong Buy: 1
Buy: 1
Hold: 18
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the CF price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	93.7	10.8%
Analysts Target Price	93.7	10.8%
ValueRay Target Price	85.1	0.7%

CF Fundamental Data Overview November 04, 2025

Market Cap USD = 13.49b (13.49b USD * 1.0 USD.USD)
P/E Trailing = 10.9161
P/E Forward = 11.2486
P/S = 2.0926
P/B = 2.932
P/EG = 0.5578
Beta = 0.918
Revenue TTM = 6.45b USD
EBIT TTM = 2.02b USD
EBITDA TTM = 2.93b USD
Long Term Debt = 2.97b USD (from longTermDebt, last quarter)
Short Term Debt = 98.0m USD (from shortTermDebt, last quarter)
Debt = 3.33b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.64b USD (from netDebt column, last quarter)
Enterprise Value = 15.13b USD (13.49b + Debt 3.33b - CCE 1.69b)
Interest Coverage Ratio = 13.15 (Ebit TTM 2.02b / Interest Expense TTM 154.0m)
FCF Yield = 11.81% (FCF TTM 1.79b / Enterprise Value 15.13b)
FCF Margin = 27.72% (FCF TTM 1.79b / Revenue TTM 6.45b)
Net Margin = 20.20% (Net Income TTM 1.30b / Revenue TTM 6.45b)
Gross Margin = 38.65% ((Revenue TTM 6.45b - Cost of Revenue TTM 3.96b) / Revenue TTM)
Gross Margin QoQ = 44.76% (prev 40.71%)
Tobins Q-Ratio = 1.10 (Enterprise Value 15.13b / Total Assets 13.75b)
Interest Expense / Debt = 1.08% (Interest Expense 36.0m / Debt 3.33b)
Taxrate = 22.52% (143.0m / 635.0m)
NOPAT = 1.57b (EBIT 2.02b * (1 - 22.52%))
Current Ratio = 3.22 (Total Current Assets 2.68b / Total Current Liabilities 830.0m)
Debt / Equity = 0.67 (Debt 3.33b / totalStockholderEquity, last quarter 4.96b)
Debt / EBITDA = 0.56 (Net Debt 1.64b / EBITDA 2.93b)
Debt / FCF = 0.92 (Net Debt 1.64b / FCF TTM 1.79b)
Total Stockholder Equity = 4.98b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.47% (Net Income 1.30b / Total Assets 13.75b)
RoE = 26.14% (Net Income TTM 1.30b / Total Stockholder Equity 4.98b)
RoCE = 25.46% (EBIT 2.02b / Capital Employed (Equity 4.98b + L.T.Debt 2.97b))
RoIC = 19.73% (NOPAT 1.57b / Invested Capital 7.95b)
WACC = 7.71% (E(13.49b)/V(16.82b) * Re(9.40%) + D(3.33b)/V(16.82b) * Rd(1.08%) * (1-Tc(0.23)))
Discount Rate = 9.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -7.49%
[DCF Debug] Terminal Value 70.36% ; FCFE base≈1.18b ; Y1≈998.9m ; Y5≈758.1m
Fair Price DCF = 68.32 (DCF Value 11.07b / Shares Outstanding 162.0m; 5y FCF grow -18.69% → 3.0% )
EPS Correlation: -33.85 | EPS CAGR: 1.58% | SUE: -0.30 | # QB: 0
Revenue Correlation: -53.30 | Revenue CAGR: -7.20% | SUE: 1.82 | # QB: 2

Additional Sources for CF Stock

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