Back to rankings

Mosaic Co (MOS)

Undervalued
Basic MaterialsAgricultural InputsUnited States

Fundamental

47

Price

$21.65

Market Cap

$7.07B

Part 1 · What the company is worth

Overview

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients. It operates in three segments: Phosphates, Potash, and Mosaic Fertilizantes. The company owns and operates mines and production facilities, which produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, as well as concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and MicroEssentials, a value-added ammoniated phosphate product. It also mines, processes, and sells potash to crop nutrient manufacturers, distributors, retailers, and to customers for industrial use; and owns and operates mines, chemical plants, crop nutrient blending and bagging facilities, port terminals and warehouses, which produce and sell concentrated phosphate and potash-based crop nutrients, and phosphate-based animal feed ingredients. In addition, the company produces a double sulfate of potash magnesia product under the K-Mag brand; and purchases phosphate, potash, and nitrogen products to produce blended crop nutrients. Further, it offers triple superphosphate, single superphosphate, and dicalcium phosphate; feed phosphate under the Biofos and Nexfos brands; potash for de-icing and as a water softener regenerant; and phosphogypsum. The company sells its products to wholesale distributors, retail chains, cooperatives, independent retailers, and national accounts through its sales force. It also exports its products. The company operates in the United States, Brazil, China, Canada, Paraguay, Argentina, Japan, Colombia, India, Australia, Peru, Mexico, Honduras, the Dominican Republic, Indonesia, and internationally. The Mosaic Company was incorporated in 1987 and is headquartered in Tampa, Florida.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Generated on September 19, 2026 with claude-haiku-4-5 — shared with all users

Nutrien Ltd.NTR

Nutrien is the world's largest potash producer and the number two North American phosphate producer, selling the same crop nutrients to the same North American and export farm customers as Mosaic.

OCP Group S.A. (المكتب الشريف للفوسفاط)Not tracked

The Moroccan state-owned OCP holds the world's largest phosphate rock reserves and is Mosaic's main rival for phosphate fertilizer sales into Brazil, India and other import markets.

ICL Group Ltd. (כימיקלים לישראל)ICL

ICL mines potash from the Dead Sea and Spain and produces phosphate fertilizers, competing with Mosaic across both of its nutrient lines, with a stronger tilt toward specialty products.

K+S AktiengesellschaftSDF

K+S is Europe's largest potash producer and sells muriate of potash and potassium specialties to the same global agricultural buyers Mosaic supplies through Canpotex.

Yara International ASAYAR

Yara sells NPK compound and phosphate-bearing fertilizers worldwide through its own distribution network, competing with Mosaic for the crop-nutrition spend of the same growers in Brazil, Europe and Asia.

Balance Sheet & Liquidity

Revenue

$12.25B

Trailing 12 months (through 6/30/2026)

Net Income

$-638M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$-535M

Total Equity

$12.08B

Total Liabilities

$12.25B

Current Ratio

1.34

Interest Coverage

0.78

Debt/EBITDA

3.25

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

CyclicalUndervalued

Fair Value

$72.61

Current Price

$21.65

Margin of Safety

+70.2%

Fair Value Range

$47.20 - $98.03

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$26.77
Discounted cash flow (DCF):Not applicable to this type of company
Earnings multiple (P/E):Not enough data to compute it
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):Not enough data to compute it
Justified P/B:Not applicable to this type of company
Dividend discount (Gordon):Not applicable to this type of company
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:$106.99
Revenue multiple:Not applicable to this type of company
Analyst Consensus:Hold (11B / 12H / 2S)
Last Earnings Surprise:+3.26%

Valuation Metrics

P/E Ratio

13.09

ROE

4.5%

P/B Ratio

0.60

P/FCF

-

Gross Margin

11.0%

ROIC

-0.7%

Profitability Radar

Value Creation (Economic Moat)

ROIC

-0.7%

WACC

6.5%

ROIC − WACC

-7.1 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental Analysis Criteria

Passed (10)

  • P/B Ratio 0.60
  • Debt/Equity ratio
  • Current Ratio
  • Debt/EBITDA
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Undervalued)
  • Revenue Growth 5Y 6.8%
  • Share Dilution 0.0%
  • Piotroski F-Score 8/9

Failed (13)

  • EPS shows upward trend
  • EPS CAGR -6.83%
  • Price CAGR -1.51%
  • ROIC -0.7%
  • Gross Margin 11.0%
  • Operating Margin -1.4%
  • Positive Free Cash Flow
  • Interest Coverage
  • Return on Tangible Assets
  • ROE -5.3%
  • Analyst Consensus 44% Buy
  • Earnings Surprise avg -31.2%
  • Net Margin Trend -5.2% vs 8.4%

Unavailable (5)

  • P/FCF NaN
  • Dividend Payout NaN%
  • CapEx intensity
  • PEG Ratio (need PE > 0 and growth > 0)
  • Earnings Quality (OCF/Net Income)

Piotroski F-Score

8/9

Strong financial health

score
criteria

Earnings Quality

-

Low quality: investigate accounting

Share Dilution

0.0%

Buying back shares. Shareholder friendly

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. Bruce M. Bodine Jr.CEO, President & Director53
Mr. Luciano Siani PiresExecutive VP & CFO55
Ms. Karen A. SwagerExecutive Vice President of Operations54
Mr. Walter F. Precourt IIISenior VP & Chief Administrative Officer61
Ms. Yijun WangExecutive Vice President of Commercial57
Mr. Russell A. FlugelVP, Controller & Chief Accounting Officer55
Mr. Paul Abdelmassieh Massoud C.F.A.Vice President of Investor Relations-
Mr. Philip Eugene BauerSenior VP, General Counsel & Corporate Secretary52
Mr. Benjamin James PrattSenior Vice President of Government & Public Affairs58
Mr. Christopher Anthony LewisSenior Vice President of Human Resources63

Audit Risk

9

Board Risk

1

Compensation Risk

2

Shareholder Rights Risk

5

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-02-27

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-08-05

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-09-25

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for MOS, sourced from Markets Gazette.

  • 8/5/2026NEGATIVE
    Mosaic Phosphate Pains Highlight Hormuz Fertilizer Disruption

    Mosaic Co. is facing significant headwinds as its fertilizer production cutbacks are insufficient to offset the impact of escalating input costs. The ongoing conflict in Iran has severely disrupted supply chains, leading to a surge in prices for essential raw materials required for fertilizer manufacturing. This situation puts considerable pressure on Mosaic's margins and profitability, potentially impacting its financial performance and market valuation. Investors should monitor the company's ability to navigate these volatile input cost dynamics and the broader geopolitical risks affecting the fertilizer sector.

  • 5/11/2026NEGATIVE
    Mosaic Cuts Phosphate Output in Hit to Agriculture and Mining

    Mosaic Co. is temporarily halting nearly two million tons of US phosphate production. This significant reduction in output for a key agricultural and mining input highlights the severe disruptions stemming from the Iran conflict. The move is expected to impact global fertilizer supply chains, potentially leading to increased costs for farmers and affecting crop yields. Investors monitoring the agricultural sector should note this supply shock as a potential headwind for companies reliant on phosphate-based fertilizers.

  • 5/11/2026NEGATIVE
    Fertilizer Maker Mosaic Loses Out as Iran Conflict Roils Inputs

    Despite soaring fertilizer prices due to geopolitical tensions in Iran, The Mosaic Company is not benefiting as expected. The conflict is disrupting supply chains and increasing the cost of essential inputs for fertilizer production, squeezing profit margins for producers like Mosaic. Investors are concerned that the company's ability to translate the higher commodity prices into increased profitability is being hampered by these operational challenges and rising input costs. This situation suggests that the geopolitical instability, while seemingly bullish for fertilizer prices, is creating a complex and potentially negative operating environment for Mosaic.

  • 3/11/2026POSITIVE
    Mosaic Eyes 2030 Production With Uberaba Rare Earths Facility

    The Mosaic Company is set to become a significant rare earth element (REE) producer in the Americas with its Uberaba facility, projected to yield 1,900 tonnes of separated REE oxides annually by 2030. This strategic move positions Mosaic as a key player in a critical sector, potentially reducing reliance on foreign supply chains for these vital materials. The development is expected to bolster Mosaic's diversified portfolio beyond its traditional fertilizer business, offering investors exposure to the growing demand for rare earths in advanced technologies and green energy solutions.

  • 2/25/2026NEUTRAL
    Mosaic (MOS) Q4 2025 Earnings Call Transcript

    Investors in Mosaic Inc. (MOS) are keenly awaiting the release of the Q4 2025 earnings call transcript. While the event was scheduled for February 25, 2026, specific details and management commentary have not yet been made public. This lack of immediate information prevents a thorough analysis of the company's financial performance during the period and its future outlook. The market remains on standby for concrete data regarding revenues, earnings, and guidance, which are crucial elements for assessing the trajectory of the fertilizer producer. Until the transcript becomes available, any speculation on the stock's price impact remains purely conjectural, keeping the shares in a holding pattern.

  • 2/24/2026NEUTRAL
    Mosaic Earnings Report: Q4 Overview

    Markets Gazette reports the release of Mosaic Company's fourth-quarter earnings report. However, at the time of writing, specific details regarding the financial results, including revenues, earnings per share, and future guidance, have not yet been disclosed or are unavailable for analysis. This lack of concrete data leaves investors in a wait-and-see position, unable to fully assess the company's performance and its potential impact on the dynamic fertilizer and agricultural products sector. The market eagerly awaits further communications to form an informed judgment on the stock's trajectory and Mosaic's short-to-medium-term prospects.

via Markets Gazette