FMC Corporation (FMC) vs Intrepid Potash, Inc (IPI)

FMC Corporation and Intrepid Potash, Inc are both Agricultural Inputs companies. FMC Corporation is the larger, with a market value of $1.2B against $482.3M — 2.5× the size. FMC Corporation has negative trailing earnings, so its P/E is not meaningful; Intrepid Potash, Inc trades at 17.0×. Intrepid Potash, Inc grew revenue faster over the last twelve months: 9.52% against −21.3%. Intrepid Potash, Inc has the higher net margin (8.72% vs −84.8%) and the higher return on invested capital (2.41% vs −23.0%). Across the 19 metrics below, Intrepid Potash, Inc leads on 13 and FMC Corporation on 6.

Valuation

Metric FMC IPI Agricultural Inputs median
P/E n/m 17.02 15.82
P/S 0.37 1.49 0.85
P/B 0.72 0.87 0.80
Price to free cash flow 14.17 26.22 13.58
EV/EBITDA n/m 4.95 6.55
EV/Sales 1.54 0.89 1.07
Earnings yield (229.65%) 5.88% 0.00%
Free cash flow yield 7.06% 3.81% 2.54%

Profitability

Metric FMC IPI Agricultural Inputs median
Gross margin 35.33% 21.04% 30.83%
Operating margin (61.93%) 4.26% 0.30%
Net margin (84.83%) 8.72% (7.81%)
Free cash flow margin 2.61% 11.34% 1.46%
Return on equity (90.59%) 5.27% (2.64%)
Return on assets (25.73%) 4.19% (5.16%)
Return on invested capital (23.03%) 2.41% 0.00%

Growth

Metric FMC IPI Agricultural Inputs median
Revenue growth (TTM) (21.31%) 9.52% 8.74%
EPS growth (last fiscal year) (757.35%) 105.14% —
Revenue growth, 5-year CAGR (5.67%) 8.66% 3.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FMC IPI Agricultural Inputs median
Debt to equity 2.58 0.00 0.47
Current ratio 1.99 6.33 1.55
Net debt to EBITDA (2.40) (1.59) 0.16

Dividend

Metric FMC IPI Agricultural Inputs median
Dividend yield 4.54% — 4.12%
Payout ratio 0.40 0.00 0.05

Size

Metric FMC IPI Agricultural Inputs median
Market cap 1.20b 482.29m 269.62m

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