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The Mosaic Co MOS

Morningstar Rating
$29.57 +0.27 (0.92%)
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Company Report

Canpotex-India Contract Affirms Our View for a Tightening Potash Market and Higher Prices in 2025

Commodity data firm ICIS reported that Canpotex (Nutrien and Mosaic's potash export joint venture) agreed to a potash contract with India importers at a price of $283 per metric ton. This price is higher than both contracts signed last week. It is $4 per metric ton above the contract signed between India and potash producer Belaruskali and $10 per metric ton above the contract signed between China and Russian potash producer Uralkali. The $283 price is nearly at the midpoint of our potash contract forecast range for Canpotex of $270-$300 per metric ton.

Price vs Fair Value

MOS is trading within a range we consider fairly valued.
Price
$29.57
Fair Value
$84.00
Uncertainty
High
1-Star Price
$14.00
5-Star Price
$24.00
Economic Moat
Svsp
Capital Allocation
Shvzgfjzf

Bulls Say, Bears Say

Bulls

Mosaic’s K3 Esterhazy potash mine eliminated its historical flooding issues and will move its potash production costs closer to its low-cost Canpotex peer.

Bears

Low-cost phosphate producers such as state-owned OCP in Morocco continue to expand capacity and could take market share from Mosaic over the long term through the pursuit of a volume-over-price strategy.

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News

Trading Information

Previous Close Price
$29.30
Day Range
$29.2729.76
52-Week Range
$26.5442.81
Bid/Ask
$29.32 / $29.73
Market Cap
$9.50 Bil
Volume/Avg
2.1 Mil / 4.3 Mil

Key Statistics

Price/Earnings (Normalized)
6.43
Price/Sales
0.76
Dividend Yield (Trailing)
2.77%
Dividend Yield (Forward)
2.84%
Total Yield
7.07%

Company Profile

Formed in 2004 by the combination of IMC Global and Cargill's fertilizer business, Mosaic is one of the largest phosphate and potash producers in the world. The company's assets include phosphate rock mines in Florida, Brazil, and Peru and potash mines in Saskatchewan, New Mexico, and Brazil. Mosaic also runs a large fertilizer distribution operation in Brazil through its Mosiac Fertilizantes business, which the company acquired from Vale in 2018.
Sector
Basic Materials
Industry
Agricultural Inputs
Stock Style Box
Small Value
Total Number of Employees
14,049

Competitors

Valuation

Metric
MOS
SQM
NTR
Price/Earnings (Normalized)
6.4329.558.90
Price/Book Value
0.792.351.04
Price/Sales
0.761.740.92
Price/Cash Flow
5.5618.526.08
Price/Earnings
MOS
SQM
NTR

Financial Strength

Metric
MOS
SQM
NTR
Quick Ratio
0.451.530.46
Current Ratio
1.162.341.15
Interest Coverage
4.7814.412.80
Quick Ratio
MOS
SQM
NTR

Profitability

Metric
MOS
SQM
NTR
Return on Assets (Normalized)
3.84%4.04%3.42%
Return on Equity (Normalized)
7.25%8.61%7.31%
Return on Invested Capital (Normalized)
6.10%5.19%5.84%
Return on Assets
MOS
SQM
NTR
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