Basic Materials / Agricultural Inputs

CF Industries Holdings, Inc. (CF)

$113.48
+0.16%
$17.3B
Market Cap
10.1
P/E Ratio
0.42
Beta
1.78%
Dividend Yield
Piotroski 8/9Altman Z 3.4 SafeBeneish M -2.79 CleanROIC−WACC +6.8%

Quantitative Summary

Deterministic

At 10.1x earnings — a 72% discount to the sector average of 36.7x — CF is in the lower valuation range. Financial health metrics are strong: Piotroski 8/9, Altman Z 3.4 (above 3.0 safe zone threshold). DCF fair value of $237 implies 95% upside from current prices based on model assumptions.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

CF Industries exhibits robust fundamental economics driven primarily by exceptional operating leverage rather than asset efficiency or financial distress. The company generates a 14.3% return on invested capital against an 8.4% cost of equity, yielding a +5.8% spread that signals strong value creation potential. This high-quality profile is underscored by a Piotroski F-Score of 8/9 and a Beneish M-Score of -2.79, both indicating financial strength and low manipulation risk. However, the DuPont decomposition reveals that an 18.7% return on equity relies heavily on a 20.5% net margin rather than asset turnover or leverage; specifically, the firm operates with only 0.50x asset turnover and moderate 1.81x financial leverage, suggesting profitability is concentrated in margins while operational efficiency remains subdued relative to capital intensity metrics.

Valuation analysis presents a significant divergence between current pricing and intrinsic value models. Trading at a 14.5x forward P/E, the stock commands a substantial discount compared to its sector average of 36.1x, implying the market is not fully recognizing the firm's cash flow generation capabilities. A discounted cash flow model estimates fair value at $195 per share, representing a theoretical 50% upside from current levels based on an implied ten-year free cash flow growth rate of -3.2%. This negative long-term growth assumption contrasts sharply with the short-term revenue acceleration seen in recent periods, highlighting a potential re-rating opportunity if macroeconomic conditions support sustained demand for basic materials.

Risk factors and factor exposures introduce nuance to the risk-reward profile despite the attractive valuation metrics. The stock demonstrates a strong Fama-French value tilt with an HML alpha of 0.613, aligning well with its deep discount relative to peers. Conversely, the profitability factor (RMW) registers at -0.194, reflecting market skepticism regarding future margin sustainability despite current strength. Furthermore, insider activity over the last ninety days shows $72 million in net selling, which may signal management concerns or portfolio rebalancing that warrants monitoring alongside the quantitative signals of value and fundamental quality.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive
Market Price
$113.48
Fair Value
$240
Implied Upside
+111.1%
$240IMPLIED FAIR VALUEUNDERVALUEDOVERUNDER
Growth Rate (Y1–5)1%
-10%20%50%
Discount Rate (WACC)7.5%
5%12.5%20%

5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.

Reverse DCFMarket-Implied
-6.1%annual FCF growth priced in at $113.48

The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of 19% YoY revenue.

Sensitivity Matrix

TG ↓ / WACC →6%7.5%9.5%
2%$277$200$145
3%$358$237$162
4%$520$296$186

Center = base case. Green = >10% upside, Red = >10% downside vs $113.48.

Pre-computed DCF: WACC=7.5%, terminal growth 3%. Fair value $237 (+95.0%). Not investment advice.

Valuation Context

10.1x
CF P/E
36.7x
Sector Avg
10.1x
5Y Avg P/E
-72%
vs Sector

Currently trading 34% above its 5-year average P/E of 10.1x.

Price Chart with Moving Averages

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SMA 50 SMA 200

Technical Setup

AI Generated

CF Industries Holdings, Inc. is currently trading at $125.24 within the Basic Materials sector. Without specific data regarding its Simple Moving Average envelope boundaries or historical volatility ranges relative to this price point, a definitive assessment of mean-reversion potential cannot be calculated from the provided figures alone. The current valuation sits isolated without context on whether it represents an extreme deviation from recent averages or remains comfortably within a normal trading band. In technical analysis, identifying overbought conditions typically requires observing prices significantly above upper envelope thresholds, while oversold states suggest readings well below lower bands; neither scenario can be confirmed here due to missing comparative data points. The absence of information on the distance between the current share price and its moving averages prevents an evaluation of momentum exhaustion or potential snap-back dynamics. If the stock were trading near a long-term average, it might imply equilibrium rather than a strong corrective trend. Conversely, if this level represented a breakout from a consolidation pattern defined by prior envelope limits, different implications would arise. Since these critical distance metrics are unavailable, any speculation on whether the asset is poised for a reversion to the mean or continues an existing trajectory remains speculative without further technical context. Investors must await additional data points defining the specific moving average bands to accurately gauge relative value positioning. The current single price figure offers no insight into trend strength or statistical probability of future reversals until compared against its own historical performance envelopes. Consequently, determining if $125.24 constitutes a statistically

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

8/9
Piotroski F-Score
Strong — high operational efficiency and profitability signals
3.4
Altman Z-Score
Safe Zone — above 3.0 threshold per academic model. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-2.79
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

38.5%
Gross Margin
20.5%
Net Margin
14.3%
ROIC
7.5%
WACC
ROIC − WACC Spread: +6.8%— Positive value creation spread.
+19.3%
Revenue Growth (YoY)
+19.5%
Earnings Growth (YoY)
1.8B
Free Cash Flow
18%
FCF Payout Ratio

✅ Conservative payout — room for dividend increases.

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

20.5%
Net Profit Margin
NI ÷ Revenue
×
0.50x
Asset Turnover
Revenue ÷ Assets
×
1.81x
Equity Multiplier
Assets ÷ Equity
=
18.7%
Return on Equity
✅ ROE driven primarily by strong profit margins — a sign of pricing power.

Balance Sheet Health

0.81x
Debt / Equity
3.37x
Current Ratio
16.4x
Interest Coverage
0.4x
Net Debt / EBITDA
9.06%
FCF Yield
3.3B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
-$72M
Net Selling
0
Buy Transactions
25
Sale Transactions
2026-03-17WILL W ANTHONYSold 1/8 qtrsOther17,654 shares
2026-03-17FROST BERT ASold 4/8 qtrsSale$756,000
2026-03-17MAYER ERIK M.Sold 1/8 qtrsSale$187,035
2026-03-17HOKER RICHARD A.Sold 1/8 qtrsSale$438,705
2026-03-13WILL W ANTHONYSold 1/8 qtrsGrant96,858 shares

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✓ Beat
Est: $1.51
Act: $1.85
+22.9%
Q3
✗ Miss
Est: $2.48
Act: $2.37
-4.5%
Q2
✓ Beat
Est: $2.07
Act: $2.19
+5.6%
Q1
✓ Beat
Est: $2.35
Act: $2.59
+10.4%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Dividend History

$0.5000
Latest Dividend
$2.00
2025 Total
0.0%
YoY Growth
Annual Dividends per Share
$0.60
2016
$1.20
2017
$1.20
2018
$1.20
2019
$1.20
2020
$1.20
2021
$1.50
2022
$1.60
2023
$2.00
2024
$2.00
2025
$1.00
2026
DateAmountChange
2026-05-15$0.50000.0%
2026-02-13$0.50000.0%
2025-11-14$0.50000.0%
2025-08-15$0.50000.0%
2025-05-15$0.50000.0%
2025-02-14$0.50000.0%
2024-11-15$0.50000.0%
2024-08-15$0.50000.0%
2024-05-14$0.50000.0%
2024-02-14$0.5000+25.0%
2023-11-14$0.40000.0%
2023-08-14$0.40000.0%
Stock Splits
2015-06-18: 5:1

Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.

Risk Profile

37.3%
Annual Volatility
1.59
Sharpe (1Y)
-24.9%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.46
Market β
Mkt-RF
+0.011
Size (SMB)
Neutral
+0.613
Value (HML)
Value tilt
-0.194
Profit (RMW)
Weak
-0.214
Invest (CMA)
Aggressive
Alpha (annual): +13.24%
R²: 8.4%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

10.1
Forward P/E
3.45
PEG Ratio
3.23
Price/Book
5M
Avg Volume
$141.96
52W High
$75.42
52W Low
57%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$3.2B
Tracked Passive Exposure
8
ETFs Holding CF
0.05%
Avg Weight in ETFs
$6.0T
Total ETF AUM

When investors buy or sell ETFs like XLB or VAW, the fund manager is mechanically forced to buy or sell CF shares regardless of CF Industries Holdings, Inc.'s individual fundamentals. We estimate $3.2B of passive capital is structurally linked to CF through 8 tracked ETFs. Index rebalances and ETF creation/redemption cycles can create noticeable volume spikes unrelated to company news.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in CF Industries Holdings, Inc. to visualize passive redemption contagion across ETFs and collateral stocks.

CF Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
CFEpicenterVTIETFVOOETFIVVETFLINLow RiskLINLow RiskNEMLow RiskNEMLow RiskNUELow Risk
CF Price Drop (%)0

If CF Industries Holdings, Inc. (CF) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies Linde plc (LIN) as the most exposed collateral stock, sharing 1 ETFs with CF. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 33 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

CF Ownership Dynamics

Passive funds hold 1 in every 5 CF shares, reducing daily market volatility.

Ticker
CF
Total Shares
154M
ETF Lock-Up
19.5%
Display Mode
Total Float Impact
19.5%Locked Float

CF Industries Holdings, Inc. (CF) exerts notable gravity on the passive index market, currently representing 2.4% of the State Street Materials Select Sector SPDR ETF (XLB) and 1.2% of the VAW (VAW). Across 33 tracked ETFs, approximately 30M shares (19.5% of float) are held by passive funds and rarely trade on the open market. This level of passive ownership means index rebalances can create outsized volume events.

Float lock-up computed from 33 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

CF Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
CF
PRICE
$113.48
FLOOR (POC)
$83.38
STRENGTH
High
$776%$808%$83POC 14%$877%$9012%$937%$97$100$103$107$110$114$113.48$117$120$1247%$1277%$130$134$137$140
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for CF Industries Holdings, Inc. over the past year sits near $83.38 (14% of 252-day volume). The current price of $113.48 trades 36.1% above this institutional floor — a sign of upside momentum, though a pullback to the POC zone is a common reversion target. The highly concentrated volume profile (14% at POC) indicates strong consensus on fair value — institutional participants have repeatedly transacted near this price.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

CF Capital Efficiency

How efficiently does CF Industries Holdings, Inc. convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$1.8B
EBITDA
$3.3B
FCF Conversion
55%
Reinvestment Rate
45%
55% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
14.3%
ROIC − WACC Spread
6.8%

CF Industries Holdings, Inc. converts 55% of its EBITDA into free cash flow, a healthy conversion rate indicating efficient capital management — the business generates substantial cash after reinvestment. The positive ROIC-WACC spread of 6.8% confirms that reinvested capital creates shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-1410,162$125.50$1.3M
2026-05-124,282$124.48$533,023.36
2026-05-01139$124.20$17,263.8
2026-04-30332$126.78$42,090.96
2026-04-27100$120.93$12,093
2026-04-2498$125.59$12,307.82
2026-04-2398$122.46$12,001.08
2026-04-153$118.96$356.88
2026-04-061,090$129.97$141,667.3
2026-03-312,985$137.60$410,736
2026-03-2396,727$124.90$12.1M
2026-03-128,553$120.13$1.0M
2026-03-0918,651$115.78$2.2M
2026-03-0610,255$110.78$1.1M
2026-02-254,447$96.11$427,401.17
2026-02-231,100$97.18$106,898
2026-02-0621,952$91.32$2.0M
2026-01-3014,293$94.03$1.3M
2026-01-20700$86.75$60,725
2026-01-0782$79.45$6,514.9
2026-01-05700$80.13$56,091
2025-12-2678$77.57$6,050.46
2025-12-237,020$77.43$543,558.6
2025-12-153,783$79.19$299,575.77
2025-12-122,321$78.66$182,569.86
2025-12-059$80.23$722.07
2025-12-0419,971$79.29$1.6M
2025-11-0796$81.45$7,819.2
2025-11-0681$85.05$6,889.05
2025-11-05510$84.55$43,120.5

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
EOG0.5310.623Moderate
MOS0.5190.510Moderate
COP0.4640.544Moderate
XOM0.4590.527Moderate
LYB0.4510.573Moderate
OXY0.4480.607Moderate
SU0.4440.441Moderate
SHEL0.4400.474Moderate
MPC0.4350.499Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare CF to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.