Intrepid Potash (IPI) AI Stock Analysis

• Market Cap: $351.79M
• Dividend Yield: N/A
• Average Volume (3M): 183.22K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.03
• Revenue Growth: 8.88%
• EPS Growth: -349.99%
• Country: US
• Employees: 468
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Agricultural Inputs
• EPS (TTM): 0.11
• Shares Outstanding: 13,426,932
• 10 Day Avg. Volume: 188,023
• 30 Day Avg. Volume: 183,216
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 1.11
• P/FCF Ratio: 8.41
• Enterprise Value/Market Cap: 0.94
• Enterprise Value/Revenue: 1.19
• Enterprise Value/Gross Profit: 7.15
• Enterprise Value/Ebitda: 8.58
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1
• EPS Forecast (FY): 1.05
• Revenue Forecast (FY): $235.29M

• Rating: 53 Neutral
• Price Target: $24.50 ▼(-12.25% Downside)

Intrepid Potash's overall stock score reflects a mixed outlook. The most significant factor is the financial performance, which is challenged by negative margins and profitability issues. Technical analysis indicates bearish momentum, further weighing on the score. However, the recent earnings call provided positive insights into operational improvements and market conditions, offering some optimism. Valuation remains a concern due to negative earnings, but the company's debt-free status and cash position are strengths.

Positive Factors

Improved Cost Efficiency

Improved cost efficiency in production enhances profitability and competitive positioning, allowing Intrepid Potash to better manage expenses and potentially increase margins over time.

Debt-Free Balance Sheet

A debt-free balance sheet provides financial flexibility and reduces risk, enabling the company to invest in growth opportunities and withstand market fluctuations without the burden of interest payments.

Positive Market Trends

Rising agricultural commodity prices and favorable trade conditions can drive demand for potash, supporting revenue growth and market expansion for Intrepid Potash.

Negative Factors

Lower Potash Production

Reduced potash production can limit revenue potential and market share, impacting the company's ability to meet demand and capitalize on favorable market conditions.

Oilfield Solutions Segment Decline

Declining performance in the Oilfield Solutions segment can weigh on overall profitability and diversification efforts, reducing the company's ability to offset agricultural market volatility.

Permitting Challenges at AMAX Cavern

Delays in permitting can postpone production expansion and revenue generation, hindering growth plans and operational efficiency improvements.

Intrepid Potash Business Overview & Revenue Model

Company Description

Intrepid Potash, Inc. (IPI) is a leading producer of potash, a vital nutrient for plant growth, primarily serving the agricultural sector. The company operates in the potash and salt sectors, focusing on the extraction and production of potash from its mines located in the United States. Intrepid Potash offers a range of products aimed at enhancing soil fertility and crop yields, catering to a diverse customer base that includes farmers, agronomists, and agricultural retailers.

How the Company Makes Money

Intrepid Potash generates revenue primarily through the sale of potash and salt products. The company’s revenue model focuses on the production of potash, which is sold to agricultural customers for use in fertilizers. Key revenue streams include the direct sales of potash, which are influenced by market demand, pricing, and the volume of production. Additionally, Intrepid Potash may benefit from long-term contracts with agricultural distributors and partnerships with companies in the agricultural sector that enable consistent sales. Factors contributing to its earnings include global agricultural trends, crop prices, and the overall demand for fertilizers in the agricultural market.

Intrepid Potash Financial Statement Overview

Summary

Intrepid Potash faces significant financial challenges, particularly in terms of profitability and revenue growth. While the balance sheet is stable with low leverage, the company struggles with negative margins and returns. Cash flow shows some positive signs, but overall, the company needs to focus on improving operational efficiency and profitability to enhance its financial health.

Income Statement

Intrepid Potash's income statement reveals significant challenges. The company has experienced declining revenue growth, with a negative growth rate of -1.53% in the TTM period. Margins are under pressure, with a gross profit margin of 16.8% and a concerning net profit margin of -70.24%, indicating substantial losses. EBIT and EBITDA margins are also weak, reflecting operational inefficiencies. The company needs to address these issues to improve profitability.

Balance Sheet

The balance sheet shows a strong equity position with a low debt-to-equity ratio of 0.0076, indicating minimal leverage. However, the return on equity is negative at -40.54%, reflecting the company's inability to generate profits from its equity base. The equity ratio is healthy, suggesting a stable financial structure, but profitability remains a concern.

Cash Flow

Cash flow analysis indicates some positive trends, with a free cash flow growth rate of 38.72% in the TTM period. The operating cash flow to net income ratio of 1.29 suggests that the company generates sufficient cash from operations relative to its net income. However, the free cash flow to net income ratio of 0.66 highlights the need for improved cash management to support profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	278.25M	254.69M	279.08M	337.57M	270.33M	196.95M
Gross Profit	46.10M	29.08M	36.85M	141.41M	55.76M	10.53M
EBITDA	38.46M	18.76M	-5.19M	133.60M	77.50M	10.88M
Net Income	-195.44M	-212.84M	-35.67M	72.22M	249.83M	-27.15M
Balance Sheet
Total Assets	616.54M	594.52M	768.57M	794.20M	766.89M	550.19M
Cash, Cash Equivalents and Short-Term Investments	77.21M	42.30M	7.04M	24.47M	36.45M	19.52M
Total Debt	3.71M	4.25M	6.19M	2.21M	1.88M	56.88M
Total Liabilities	125.81M	120.13M	84.14M	79.13M	103.49M	138.93M
Stockholders Equity	490.73M	474.39M	684.43M	715.08M	663.40M	411.26M
Cash Flow
Free Cash Flow	35.70M	33.59M	-21.83M	20.13M	59.28M	14.70M
Operating Cash Flow	54.43M	72.50M	43.23M	88.82M	79.07M	31.14M
Investing Cash Flow	-15.21M	-29.53M	-59.55M	-79.18M	-14.82M	-15.16M
Financing Cash Flow	-45.00K	-5.72M	1.89M	-27.70M	-47.28M	-17.04M

Intrepid Potash Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 27.92
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IPI, the sentiment is Negative. The current price of 27.92 is above the 20-day moving average (MA) of 26.67, below the 50-day MA of 28.14, and below the 200-day MA of 30.67, indicating a bearish trend. The MACD of -0.66 indicates Negative momentum. The RSI at 44.84 is Neutral, neither overbought nor oversold. The STOCH value of 77.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IPI.

Intrepid Potash Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTVA	75 Outperform	$44.92B	28.39	6.73%	1.12%	5.00%	136.31%
UAN	72 Outperform	$1.05B	8.24	42.00%	12.18%	16.52%	141.96%
MOS	65 Neutral	$8.08B	6.61	10.00%	3.34%	3.82%	239.39%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ICL	60 Neutral	$7.36B	20.04	6.15%	3.24%	1.77%	-8.72%
IPI	53 Neutral	$351.79M	―	-33.37%	―	8.88%	-349.99%
FMC	48 Neutral	$1.74B	―	-11.52%	16.69%	-13.42%	-136.59%

Intrepid Potash Corporate Events

Intrepid Potash Reports Strong Q3 2025 Results

Intrepid Potash, Inc. is a diversified mineral company specializing in the production of potash, Trio, and other essential agricultural and industrial products, with a focus on environmentally friendly solar evaporation methods.

Intrepid Potash Inc. Q3 2025 Earnings Call Highlights

Intrepid Potash Inc. recently held its third-quarter 2025 earnings call, revealing a generally positive sentiment despite some challenges. The company showcased strong financial performance, particularly in its Trio production and cost efficiency, although it faced hurdles with lower potash production and a decline in its Oilfield Solutions segment. Overall, the positive financial results and favorable market trends seem to outweigh the challenges faced by the company.

Intrepid Potash Reports Strong Q2 2025 Results

Intrepid Potash, Inc. is a diversified mineral company that produces essential nutrients for agriculture, animal feed, and the oil and gas industry, with a unique focus on solar evaporation for potash production.

Intrepid Potash Inc. Reports Balanced Earnings Call

Intrepid Potash Inc. recently held its earnings call, revealing a balanced sentiment that highlighted both significant achievements and notable challenges. The company reported strong financial performance with increased production and cost reductions in its potash and Trio segments. However, setbacks such as the unsuccessful AMAX cavern project, weather impacts, and lower production forecasts posed concerns for the future.