Mosaic Company vs Nutrien Ltd

Mosaic Company (MOS) is overvalued and Nutrien Ltd (NTR) is slightly undervalued.

Against our estimates of intrinsic value, NTR trades at the wider discount: a margin of safety of +10%, against -66% for MOS.

Values as of the 22 Sept 2026 close.

Mosaic Company (MOS)

Discounting its cash flows at 7.8% (average of 2 methods) values the shares at $14.93; the price of $24.73 is 66% above that value, and 80% of that value comes from beyond year five.

Leak Score 0/100 on 2 of 12 signals

Nutrien Ltd (NTR)

Discounting its cash flows at 8.0% (average of 3 methods) values the shares at $83.76; the price of $75.43 is 10% below that value, and 79% of that value comes from beyond year five.

Leak Score 27/100 on 3 of 12 signals

MetricMOSNTR
VerdictOvervaluedSlightly undervalued
Price$24.73$75.43
Intrinsic value$14.93$83.76
Margin of safety-66%+10%
Leak Score0/100 (2/12)27/100 (3/12)
Market cap$7.9B$36.0B
Revenue growth, 5 years6.8%5.2%
Operating margin6.8%13.8%
Net margin-5.2%8.4%
Return on equity-5.3%9.3%
Debt to equity0.530.49
P/E15.3x
Forward P/E16.9x15.2x
P/B0.7x1.4x
Dividend yield3.5%2.9%

All stocks in Agricultural Inputs