Company Valuation: Corbion N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,443 1,879 1,149 1,249 1,070 1,414 - -
Change - -23.09% -38.86% 8.74% -14.36% 32.15% - -
Enterprise Value (EV) 1 2,904 1,879 1,864 1,709 1,472 1,778 1,743 1,699
Change - -35.3% -0.8% -8.32% -13.89% 20.81% -1.96% -2.52%
P/E 31.4x 21.1x 15.9x 6.67x 14.6x 18.1x 15.3x 13.8x
PBR 4.41x - 1.8x 1.63x 1.45x 1.86x 1.76x 1.66x
PEG - 1.5x -0.8x 0x -0.2x 2.81x 0.8x 1.3x
Capitalization / Revenue 2.28x 1.29x 0.8x 0.94x 0.84x 1.09x 1.05x 1.02x
EV / Revenue 2.71x 1.29x 1.29x 1.28x 1.16x 1.37x 1.3x 1.22x
EV / EBITDA 21.4x 10.2x 9.72x 9.77x 7.2x 8.66x 7.67x 7.04x
EV / EBIT 40.5x 17.4x 17.4x 16.6x 12.4x 15.2x 12.5x 11.1x
EV / FCF -23x - 116x 17.1x 15.9x 24.4x 23x 20.1x
FCF Yield -4.35% - 0.86% 5.85% 6.3% 4.09% 4.35% 4.96%
Dividend per Share 2 0.56 - 0.61 0.64 1 0.7867 0.7952 0.8238
Rate of return 1.35% - 3.15% 2.96% 5.39% 3.21% 3.24% 3.36%
EPS 2 1.32 1.51 1.22 3.24 1.27 1.352 1.603 1.777
Distribution rate 42.4% - 50% 19.8% 78.7% 58.2% 49.6% 46.4%
Net sales 1 1,071 1,458 1,444 1,332 1,267 1,293 1,341 1,392
EBITDA 1 135.8 184.4 191.8 175 204.3 205.3 227.3 241.5
EBIT 1 71.7 108 107.2 102.7 118.5 117.3 139.5 152.8
Net income 1 78.3 90 72.9 192.2 74.8 76.27 90.6 100.6
Net Debt 1 461 - 715.3 459.9 401.9 364.2 329.3 285.4
Reference price 2 41.44 31.84 19.38 21.60 18.57 24.52 24.52 24.52
Nbr of stocks (in thousands) 58,952 59,013 59,273 57,827 57,603 57,652 - -
Announcement Date 25/02/22 03/03/23 01/03/24 27/02/25 26/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.9x5.17x20.97x1.02% 80.88B
34.35x5.21x22.22x1.86% 44.68B
24.48x2.9x15.1x2.14% 35.05B
15.41x1.6x8.86x2.72% 33.8B
40.71x7.33x19.45x1.51% 33.61B
14.45x1.38x8.55x2.21% 25.85B
40.88x10.06x30.47x2.17% 24.84B
25.64x2.77x11.24x1.76% 18.44B
7.75x2.17x4.32x3.36% 16.32B
Average 26.84x 4.29x 15.69x 2.08% 34.83B
Weighted average by Cap. 29.78x 4.55x 17.31x 1.85%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Corbion N.V.

Historical PBR trend

Valuation ratios - PBR - Corbion N.V.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Corbion N.V.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Corbion N.V.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Corbion N.V.