Cvr Partners, LP (UAN)

Agricultural Chemicals

Latest Price

$123.78

TTM P/E

8.17

Normalized P/E

7.71

Div Yield

Book Value

P/B Ratio

Valuation metrics

Norm. op. income: $129M (median of 7yr)

Tax rate: 5%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$68.35

45% downside

Base FCF: $168M (median of recent 5yr)

Growth: -14%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$26.00

79% downside

EPS: $9.33

Target P/E: 8×

Formula: EPS × P/E

P/E Fair Value

$74.64

40% downside

53.3% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Icahn Carl C	4.16M	$464.0M	39.40%	--	2026-06-30
Morgan Stanley	439.0K	$48.0M	4.15%	-94.4K	2026-06-30
JPMorgan Chase & Co	187.5K	$21.0M	1.77%	-9.0K	2026-06-30
MIRAE ASSET GLOBAL ETFS Holdings Ltd.	142.6K	$15.0M	1.35%	--	2026-06-30
UBS Group AG	138.3K	$15.0M	1.31%	-33.7K	2026-06-30
Oxbow Advisors, LLC	70.3K	$7.0M	0.67%	+542	2026-06-30
De Lisle Partners LLP	54.2K	$6.0M	0.51%	+600	2026-06-30
Citadel Advisors LLC	45.4K	$5.0M	0.43%	-4.7K	2026-06-30
Natixis	45.0K	$5.0M	0.43%	--	2026-06-30
Goldman Sachs Group Inc	43.6K	$4.0M	0.41%	+3.2K	2026-06-30