Yara International ASA
Yara International ASA provides crop nutrition, ammonia, and industrial solutions in Norway, European Union, Europe, Africa, Asia, North America, Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain nutrients, such as …
Yara International ASA provides crop nutrition, ammonia, and industrial solutions in Norway, European Union, Europe, Africa, Asia, North America, Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain nutrients, such as nitrogen, phosphorus, and potassium; coatings; biostimulants; organic-based fertilizers; climate choice fertilizers; and nitrate-based fertilizers, as well as foliar and fertigation solutions; and nitrate, calcium nitrate, micronutrient, and urea fertilizers. It also provides digital solutions, such as YaraFX Insight, an agricultural API that connects unparalleled crop nutrition expertise with digital platforms; N-sensors, a tractor-mounted sensor; N-Tester, a handheld tool that measures chlorophyll content; YaraPlus, a digital platform to support crop nutrition decisions; Atfarm, a digital toolbox for farmer; Tankmix, an app and web solutions that provides guidelines; Yara E-commerce, a platform that enables customer access to nutritional solutions; Yara FarmCare, a mobile app for farmers; Yara AllFarm, a farm management platform; YaraConnect, a mobile app for retailers; and Yara Crop Nutrition Recommendation System, a service that helps farmers to make decisions for crop management. The company sells its products under YaraBela, YaraMila, YaraLiva, YaraVita, YaraAmplix, YaraRega, YaraTera, YaraSuna, and YaraVera brand names. Yara International ASA was founded in 1905 and is based in Oslo, Norway.Priced within the modelled range
5-year outlook: Not shown because confidence is low: Earnings-based DCF agrees.
Other models: NOK 417.73–1361.86 (median 683.08). The recommended value is in line with them.
Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.
Details and the full model are below.
Market price within modeled range
Free-cash-flow DCF using TTM through 30 Sep 2026 reported free cash flow, with cash, debt, and shares from the latest report. Base assumptions are 2% growth, 2.6% terminal growth, and 9.8% discount. Low/high cases vary growth by 2 and terminal growth/discount by 1 percentage point; this illustrative range is not a statistical confidence interval or investment advice.
Assumptions: growth 2%, discount rate 9.80%, terminal growth 2.60% (sector defaults). See a worked example.
Blended growth assumption: 2.0% (sector default 5.8%, own revenue history -1.5%, analyst revenue consensus 0.3%).
Analyst consensus expects revenue growth of 0.3% a year; the growth assumption used is 2.0%.
Adjust assumptions
Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.
Compare models- Recommended: Free-cash-flow DCF — NOK 339.70 (-14.3%)
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EPS-based Gordon proxy
— NOK 683.08 (+72.4%)
Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
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DCF (trailing free cash flow)
— NOK 405.36 (+2.3%)
Not used: Not chosen: Free-cash-flow DCF ranks ahead of it for this company.
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FCFF (steady state)
— NOK 417.73 (+5.4%)
Not used: Assumes only the long-run terminal growth rate from today, so it ignores the near-term growth expected.
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EV/EBITDA (12x)
— NOK 1361.86 (+243.6%)
Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
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Fade DCF (10-year growth fade)
— NOK 405.84 (+2.4%)
Not used: An alternative growth path (fading over 10 years) shown for comparison; the automatic choice does not use it.
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EV/Sales (Rule of 40)
— NOK 2566.68 (+547.7%)
Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
| Bear NOK 246.90 | -60.5% |
| Base NOK 339.70 | -16.7% |
| Bull NOK 489.50 | 19.0% |
Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.
At NOK 396.30 the market implies about this annual free-cash-flow growth for 5 years (terminal 2.6%, discount 9.8%).
Compare: the market implies 1.6% a year, this model assumes 2.0%. The model is more optimistic than the price, which is why it reads as undervalued.
How the Free-cash-flow DCF value changes with growth (rows) and discount rate (columns). Green cells are above the current price.
| Growth \ Discount | 7.8% | 8.8% | 9.8% | 10.8% | 11.8% |
|---|---|---|---|---|---|
| -2.0% | 479.08 | 392.25 | 329.50 | 282.00 | 244.79 |
| 0.0% | 531.29 | 435.34 | 366.02 | 313.58 | 272.51 |
| 2.0% | 587.61 | 481.79 | 405.36 | 347.56 | 302.32 |
| 4.0% | 648.29 | 531.79 | 447.68 | 384.10 | 334.35 |
| 6.0% | 713.58 | 585.56 | 493.15 | 423.33 | 368.71 |
Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.
Price history and fair value
No chartable saved daily price history is available for this range. The chart uses stored EODHD prices only and will appear after history is saved.
More detail: quality, peers, price history, dividends and financials
Quality score: 74 / 100
Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.
| Profitability | 5 of 5 years profitable | 20 / 20 |
| Cash generation | free cash flow positive in 5 of 5 years | 20 / 20 |
| Growth | revenue -7.9% a year | 4 / 20 |
| Balance sheet | net debt 0.6x EBITDA | 20 / 20 |
| Margins | EBITDA margin 19% | 10 / 20 |
Peers in Materials
Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.
| Company | Price | Margin of safety | P/E | P/B | Yield | Quality |
|---|---|---|---|---|---|---|
| YAR.OL (this company) | NOK 396.30 | -16.8% | 7.6 | 1.2 | 1.2% | 74 |
| MT.AS ArcelorMittal S.A. | EUR 56.00 | 39.3% | 26.4 | 0.9 | 1.1% | 70 |
| CF CF Industries | USD 118.57 | -3.0% | 8.2 | 2.0 | 2.2% | 84 |
| HOLN.SW Holcim AG | CHF 73.70 | -8.3% | 3.1 | – | 4.2% | 74 |
| UPM.HE UPM-Kymmene Oyj | EUR 22.40 | -10.6% | 17.2 | 1.2 | 6.7% | 70 |
| AMCR Amcor | USD 45.84 | -20.9% | 19.6 | 0.6 | 5.8% | 90 |
| MOS Mosaic Company (The) | USD 22.33 | -35.5% | 13.2 | – | 3.9% | 79 |
| VSVS.L Vesuvius plc | GBP 4.60 | -39.4% | 22.0 | 1.0 | 5.0% | 68 |
| SSAB-A.ST SSAB AB | SEK 92.94 | -60.9% | 16.3 | 1.3 | 2.8% | 62 |
| Peer median | 16.7 | 1.1 | ||||
Dividends
Paid in the last 12 months: NOK 22.00 per share · yield 5.55% at the current price.
| Year | Dividends per share |
|---|---|
| 2026 (so far) | 22.000 |
| 2025 | 5.000 |
| 2024 | 5.000 |
| 2023 | 55.000 |
| 2022 | 40.000 |
| 2021 | 40.000 |
Trailing 12-month financials
TTM through 30 Sep 2026 · quarterly EODHD data · data downloaded 06 Nov 2026 13:39
| Revenue | NOK 159,301,367,566 |
|---|---|
| EBITDA | NOK 30,388,493,037 |
| EBIT | NOK 19,586,001,721 |
| Net income | NOK 13,302,631,227 |
| Free cash flow | NOK 8,717,468,974 |
| Capital expenditures | NOK 15,689,557,256 |
| Debt | NOK 26,086,365,491 |
| Cash | NOK 8,245,744,463 |
| Working capital | NOK 33,520,743,794 |
| Shares outstanding | 254,667,427 |