Loading institutional data...
Loading institutional data...
Strong institutional accumulation: ownership increased +4.93% quarter-over-quarter.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $136.21 today, the market must believe free cash flow compounds -2.5%/yr for a decade (off $144M normalized FCF).
The market's -2.5% is more conservative than its 9-yr track record.
2-stage DCF · 0.01B shares · net debt -$69M
mean 1806.4% · volatility σ 5179% · implied rate exceeded in 3/8 yrs
Central path = implied -2.5%/yr growth; shaded band = ±1σ (5179%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $606.0M 100.0% | $525.3M 100.0% | $681.5M 100.0% | $835.6M 100.0% | $532.6M 100.0% | $350.0M 100.0% | $404.2M 100.0% | $351.1M 100.0% | $330.8M 100.0% | $356.3M 100.0% |
| Cost of Revenue | $442.7M 73.0% | $406.5M 77.4% | $449.0M 65.9% | $483.2M 57.8% | $370.5M 69.6% | $325.1M 92.9% | $347.6M 86.0% | $319.4M 91.0% | $315.2M 95.3% | $302.2M 84.8% |
| Cost of Products | — | — | — | — | — | — | — | $88.5M 25.2% | $84.9M 25.7% | $93.7M 26.3% |
| Selling, General & Admin | $33.6M 5.5% | $28.4M 5.4% | $29.5M 4.3% | $32.2M 3.9% | $26.6M 5.0% | $18.2M 5.2% | $25.8M 6.4% | $25.0M 7.1% | $25.6M 7.7% | $29.3M 8.2% |
| Operating Income | $128.7M 21.2% | $90.4M 17.2% | $201.4M 29.6% | $319.9M 38.3% | $134.5M 25.3% | -$34.9M -10.0% | $27.4M 6.8% | $6.3M 1.8% | -$10.3M -3.1% | $24.6M 6.9% |
| Interest Expense | — | — | — | — | — | — | — | — | $62.9M 19.0% | $48.6M 13.6% |
| Interest & Investment Income | $5.5M 0.9% | $4.2M 0.8% | $5.7M 0.8% | $1.5M 0.2% | — | — | — | — | $50K 0.0% | $6K 0.0% |
| Other Income (Expense), net | $326K 0.1% | $453K 0.1% | -$33K -0.0% | $1.1M 0.1% | $4.7M 0.9% | $159K 0.0% | $269K 0.1% | $6.2M 1.8% | -$63.4M -19.2% | -$53.3M -15.0% |
| Pretax Income | $98.6M 16.3% | $61.0M 11.6% | $172.7M 25.3% | $287.0M 34.3% | $78.2M 14.7% | -$98.2M -28.0% | -$35.0M -8.7% | -$50.1M -14.3% | -$72.6M -21.9% | -$26.6M -7.5% |
| Income Tax Expense | -$23K -0.0% | $77K 0.0% | $289K 0.0% | $160K 0.0% | $57K 0.0% | $30K 0.0% | -$18K -0.0% | -$46K -0.0% | $220K 0.1% | $329K 0.1% |
| Net Income | $98.7M 16.3% | $60.9M 11.6% | $172.4M 25.3% | $286.8M 34.3% | $78.2M 14.7% | -$98.2M -28.1% | -$35.0M -8.7% | -$50.0M -14.2% | -$72.8M -22.0% | -$26.9M -7.6% |
| Per Share | ||||||||||
| EPS (Basic) | $9.33 | $5.76 | $16.31 | $27.07 | $7.31 | $-8.77 | $-3.09 | — | $-0.64 | $-0.26 |
| EPS (Diluted) | $9.33 | $5.76 | $16.31 | $27.07 | $7.31 | $-8.77 | $-3.09 | — | $-0.64 | $-0.26 |
| Weighted Avg Shares (Basic) | 10.6M | 10.6M | 10.6M | 10.6M | 10.7M | 11.2M | 11.3M | — | 113.3M | 103.3M |
| Weighted Avg Shares (Diluted) | 10.6M | 10.6M | 10.6M | 10.6M | 10.7M | 11.2M | 11.3M | — | 113.3M | 103.3M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
8/8 of the 9 checks — 1 couldn't be scored (see above), so the score is out of the 8 with data.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on $99M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Reinvestment has been productive — operating income grew well per dollar put in. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Effective rate ~10.0% on $626M of debt. Interest last disclosed in FY2017 (no longer broken out).
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-09-17
No material risks flagged.
Where each multiple sits in its own 14-yr range · 49th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 2.8× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 91.0 | 86.0 | 92.9 | 69.6 | 57.8 | 65.9 | 77.4 | 73.0 |
| SG&A | 7.1 | 6.4 | 5.2 | 5.0 | 3.9 | 4.3 | 5.4 | 5.5 |
| Operating Income | 1.8 | 6.8 | -10.0 | 25.3 | 38.3 | 29.6 | 17.2 | 21.2 |
| Income Tax | -0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.0 |
| Net Income | -14.2 | -8.7 | -28.1 | 14.7 | 34.3 | 25.3 | 11.6 | 16.3 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on UAN: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Ranked against 238 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BHP | $439.4B | — | — | — | — | — | — | — | — | — | 713 |
| LIN | $215.3B | 31.4× | 19.3× | 6.3× | 3.0% | — | 20.3% | 18.0% | 10.9% | 2.1× | 2,148 |
| SCCO | $162.1B | 37.4× | 20.9× | 12.1× | 17.4% | 60.1% | 32.4% | 39.4% | 24.4% | 0.9× | 791 |
| CX | $147.8B | — | — | — | — | — | — | — | — | — | 297 |
| TX | $116.5B | — | — | — | — | — | — | — | — | — | 139 |
| FCX | $101.8B | — | 12.3× | 3.9× | 1.8% | 28.2% | 16.0% | 22.0% | 14.7% | 1.1× | 1,775 |
| AEM | $100.7B | — | — | — | — | — | — | — | — | — | 1,066 |
| SHW | $79.5B | 31.3× | — | 3.4× | 2.1% | 48.8% | 10.9% | 55.9% | 17.0% | — | 1,610 |
| ECL | $76.6B | 37.3× | 22.5× | 4.8× | 2.2% | 44.5% | 12.9% | 21.2% | 19.5% | 0.3× | 1,619 |
| B | $73.2B | — | — | — | — | — | — | — | — | — | 979 |
| WPM | $69.1B | — | — | — | — | — | — | — | — | — | 809 |
| APD | $63.7B | — | 90.0× | 5.3× | -0.5% | 31.4% | -3.3% | -2.6% | -2.6% | 0.1× | 1,702 |
| VALE | $61.6B | — | — | — | — | — | — | — | — | — | 537 |
| NUE | $61.2B | 35.3× | — | 1.9× | 5.7% | 11.9% | 5.4% | 8.3% | 8.3% | — | 1,325 |
| CRH | $58.0B | 15.7× | 9.3× | 1.6× | 5.3% | 36.1% | 10.0% | 15.6% | 9.2% | 2.2× | 9 |
| MT | $57.2B | — | — | — | — | — | — | — | — | — | 286 |
| DD | $53.6B | — | — | 7.8× | 1.9% | 34.5% | -11.4% | -5.6% | -5.6% | — | 1,172 |
| AU | $51.7B | — | — | — | — | — | — | — | — | — | 537 |
| FNV | $51.4B | — | — | — | — | — | — | — | — | — | 614 |
| NTR | $37.7B | — | — | — | — | — | — | — | — | — | 718 |
| STLD | $35.6B | 30.7× | 19.2× | 2.0× | 3.6% | 13.2% | 6.5% | 13.2% | 9.0% | 2.1× | 893 |
| KGC | $34.2B | — | — | — | — | — | — | — | — | — | 630 |
| VMC | $31.9B | 30.1× | 15.3× | 4.0× | 7.1% | 27.4% | 13.6% | 12.6% | 8.4% | 1.8× | 981 |
| MLM | $29.8B | 26.3× | 16.9× | 4.8× | 8.6% | 30.7% | 18.5% | 11.3% | 7.4% | 2.6× | 1,022 |
| PPG | $23.6B | 15.2× | — | 1.5× | 0.2% | 41.3% | 9.9% | 19.8% | 10.3% | — | 1,003 |
| UAN | $1.4B | 14.6× | 6.5× | 2.4× | 15.4% | 27.0% | 16.3% | — | — | — | 76 |
Peers = companies sharing UAN's sector (Basic Materials) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.