Is The Mosaic Co. overvalued or undervalued?

As of 17 October 2025, The Mosaic Co. has moved from an attractive to a fair valuation grade. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 24, a Price to Book Value of 0.97, and an EV to EBITDA of 6.83. In comparison, CF Industries Holdings, Inc. has a more attractive P/E of 8.64 and an EV to EBITDA of 4.97, while FMC Corp. has a significantly higher P/E of 36.34, indicating varying market perceptions within the industry.
Recent stock performance shows that The Mosaic Co. has underperformed against the S&P 500 over multiple periods, with a 1-month return of -14.17% compared to the S&P's 0.96%. This trend reinforces the notion that the stock is currently fairly valued, as it struggles to keep pace with broader market gains.