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 1,332 - -
Change - -23.09% -38.86% 8.74% -14.36% 24.5% - -
Enterprise Value (EV) 1 2,904 1,879 1,864 1,709 1,472 1,696 1,661 1,617
Change - -35.3% -0.8% -8.32% -13.89% 15.24% -2.05% -2.65%
P/E 31.4x 21.1x 15.9x 6.67x 14.6x 17.1x 14.4x 13x
PBR 4.41x - 1.8x 1.63x 1.45x 1.75x 1.66x 1.56x
PEG - 1.5x -0.8x 0x -0.2x 2.65x 0.8x 1.2x
Capitalization / Revenue 2.28x 1.29x 0.8x 0.94x 0.84x 1.03x 0.99x 0.96x
EV / Revenue 2.71x 1.29x 1.29x 1.28x 1.16x 1.31x 1.24x 1.16x
EV / EBITDA 21.4x 10.2x 9.72x 9.77x 7.2x 8.26x 7.31x 6.7x
EV / EBIT 40.5x 17.4x 17.4x 16.6x 12.4x 14.5x 11.9x 10.6x
EV / FCF -23x - 116x 17.1x 15.9x 21.6x 19.9x 18.6x
FCF Yield -4.35% - 0.86% 5.85% 6.3% 4.62% 5.03% 5.37%
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% 3.41% 3.44% 3.57%
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 23.10 23.10 23.10
Nbr of stocks (in thousands) 58,952 59,013 59,273 57,827 57,603 57,652 - -
Announcement Date 2/25/22 3/3/23 3/1/24 2/27/25 2/26/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
37.79x5.16x20.92x1.02% 80.65B
34.06x5x21.8x1.94% 42.08B
24.13x2.87x14.94x2.16% 34.07B
15.12x1.57x8.74x2.76% 32.85B
37.96x6.88x18.25x1.62% 31.12B
14.58x1.4x8.64x2.18% 25.89B
40.31x9.82x29.93x2.17% 24.18B
8.36x2.33x4.63x3.11% 17.61B
24.12x2.61x10.62x1.87% 17.35B
Average 26.27x 4.18x 15.38x 2.09% 33.98B
Weighted average by Cap. 29.10x 4.41x 16.94x 1.88%

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.