Added to YB: 2026-09-25
Pitch date: 2026-09-21
CTVA [neutral]
Corteva, Inc.
+0.48%
current return
Author Info
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Company Info
Corteva, Inc. operates in the agriculture business. The company operates through two segments, Seed and Crop Protection.
Market Cap
$53.6B
Pitch Price
$79.07
Price Target
91.00 (+15%)
Dividend
0.90%
EV/EBITDA
12.55
P/E
49.91
EV/Sales
3.16
Sector
Chemicals
Category
special_situation
Quick Value #331 - Corteva / Vylor Spin-Off - $CTVA
CTVA (monitor): Corteva’s October 1 split offers limited immediate upside: the $78-$91 per-share SOTP brackets the current $80 price. The more interesting setup is post-spin — if higher-quality seed business Vylor trades at $63, crop-protection RemainCo would be implied at $17, or 8.4x 2026 EBITDA. RemainCo’s sustained pricing headwinds and reliance on new launches to offset base-business erosion are the key risks.
Read full article (6 min)