Yara International ASA

Yara International is a holding company. Through its subsidiaries, Co. converts energy, natural minerals and nitrogen from the air into products for farmers and industrial customers. Co. provides mineral fertilizers, industrial products and environmental products and services to its customers. Its mineral fertilizer portfolio, sold as five main brands (YaraMila, YaraLiva, YaraVita, YaraBela, YaraVera) represents a range of crop nutrients. Its industrial portfolio contains a range of nitrogen chemicals as well as CO2 and dry ice. Its environmental product and services reduce NOx emissions, control unpleasant odor, prevent toxic gases, avoid corrosion and improve water quality.
  • TickerYAR
  • ISINNO0010208051
  • ExchangeOslo Bors
  • SectorChemicals
  • CountryNorway

Analysts

Yara International ASA – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

YARA INTERNATIONAL ASA sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of YARA INTERNATIONAL ASA (NO), a company active in the Specialty Chemicals industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 22, 2019, the closing price was NOK 361.00 and its potential was estimated at NOK 396.00.

Alexander Aukner ...
  • Eivind Sars Veddeng
  • Mattias Holmberg
  • Ole-Andreas Krohn
  • Patrik Ling
  • Simen Mortensen
  • Stefan Gauffin

Northern Lights

Eivind Sars Veddeng

Yara (Buy, TP: NOK480.00) - Further improvements ahead

Yara finally reported in-line EBITDA, guided for USD1.2bn FCF improvement YOY, and is set to update its improvement targets by mid-2019. Gas costs are down nearly 16% in Europe YTD, offsetting any temporary effects from delayed ramp up of new projects. We keep our 2019–2020 estimates broadly unchanged and reiterate our BUY recommendation and NOK480 target price.

Eivind Sars Veddeng ...
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Paul Harper

Northern Lights

Yara International ASA - September 2017 (LTM): Peer Snapshot

Peer Snapshot:  Yara International ASA - September 2017 (LTM) 27 November 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Sep-17

Yara International ASA - June 2017 (LTM): Peer Snapshot

Peer Snapshot:  Yara International ASA - June 2017 (LTM) 24 August 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Mar-17 FYE Dec-15 FYE Dec-16 LTM Jun-17

Yara International ASA: Update to Discussion of Key Credit Factors

CORPORATES CREDIT OPINION 3 August 2017 Update RATINGS Yara International ASA Domicile Norway Long Term Rating Baa2 Type LT Issuer Rating - Fgn Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Francois Lauras 44-20-7772-5397 VP-Sr Credit Officer [email protected]

Yara International ASA - March 2017 (LTM): Peer Snapshot

Peer Snapshot:  Yara International ASA - March 2017 (LTM) 26 May 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Mar-17 FYE Dec-14 FYE Dec-15 LTM Dec-16 FYE Dec-14 FYE Dec-15 LTM Dec-16

Yara International ASA - December 2016 (LTM): Peer Snapshot

Peer Snapshot: Yara International ASA - December 2016 (LTM) 21 April 2017 (in US millions) FYE Dec-14 FYE Dec-15 LTM Dec-16 FYE Dec-14 FYE Dec-15 LTM Dec-16 FYE Dec-14 FYE Dec-15 LTM Dec-16

Eivind Sars Veddeng

Yara (Buy, TP: NOK480.00) - Further improvements ahead

Yara finally reported in-line EBITDA, guided for USD1.2bn FCF improvement YOY, and is set to update its improvement targets by mid-2019. Gas costs are down nearly 16% in Europe YTD, offsetting any temporary effects from delayed ramp up of new projects. We keep our 2019–2020 estimates broadly unchanged and reiterate our BUY recommendation and NOK480 target price.

Eivind Sars Veddeng

Yara (Buy, TP: NOK480.00) - DPS and sales volume in focus

Yara (YAR NO, Buy) - DPS and sales volume in focus (14 pages)

Eivind Sars Veddeng

Yara (Buy, TP: NOK480.00) - Case intact despite miss

While Q3 was disappointing, we do not believe it has changed the prospect for significant earnings growth for the next three years from internal improvements and a tighter urea market. We do not expect longer time lags to structurally change nitrate price realisation, and we have made limited 2019–2020 estimate changes post Q3. We reiterate our BUY and NOK480 target price.

Eivind Sars Veddeng

Yara (Buy, TP: NOK480.00) - Industrial division undervalued

As Eastern European producers are heavily out of the money we expect higher natural gas costs to be slightly offset by urea pricing. Coupled with higher wheat prices supporting nitrates we have made limited estimate changes (even after raising 2019 gas costs by 20%). We reiterate our BUY recommendation and have raised our target price to NOK480 (440) due to Yara Industrial, which we consider significantly undervalued.

Eivind Sars Veddeng

Yara (Buy, TP: NOK440.00) - On track for a strong comeback

Q2 EBITDA was better than feared and comments on Brazil, strong nitrate orders, and a more constructive outlook on urea next year were incremental positives in our view. We make limited estimate changes for 2018–2020e and consider Yara well on track for 36% EBITDA growth in 2019e and significant FCF improvement. We stick to our BUY recommendation and NOK440 target price.

2 directors bought/maiden bought

Two Directors at Yara International Asa bought/maiden bought 4,450 shares at between 343.170NOK and 347.800NOK. The significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restr...

Alexander Aukner ...
  • Eivind Sars Veddeng
  • Mattias Holmberg
  • Ole-Andreas Krohn
  • Patrik Ling
  • Simen Mortensen
  • Stefan Gauffin

Northern Lights

Eivind Sars Veddeng ...
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Paul Harper

Northern Lights

Antti Kansanen ...
  • Eivind Sars Veddeng
  • Joachim Gunell
  • Jon Masdal
  • Martin Arnell
  • Martin Huseby Karlsen
  • Niclas Gehin
  • Nicolas McBeath
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Rune Majlund Dahl
  • Simen Mortensen
  • Stefan Gauffin

Northern Lights

Christer Magnergård ...
  • Eivind Sars Veddeng
  • Joachim Gunell
  • Mattias Montgomery
  • Nicolas McBeath
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling

On track for a strong comeback

Eivind Sars Veddeng ...
  • Frank Maaø
  • Jon Masdal
  • Marius Knudssøn
  • Martin Arnell
  • Martin Huseby Karlsen
  • Nicolas McBeath
  • Ole-Andreas Krohn

Northern Lights

YARA INTERNATIONAL ASA sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of YARA INTERNATIONAL ASA (NO), a company active in the Specialty Chemicals industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 22, 2019, the closing price was NOK 361.00 and its potential was estimated at NOK 396.00.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Yara International ASA – Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report

Summary Chemicals Key Findings Chemicals Chemicals Reasons To Buys MarketLine Key Highlights Norway

Yara International ASA – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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