Company Valuation: Symrise AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 19,204 14,208 13,927 14,348 9,627 12,707 - -
Change - -26.02% -1.98% 3.02% -32.9% 31.98% - -
Enterprise Value (EV) 1 20,551 16,441 16,093 16,184 11,247 14,484 14,023 13,626
Change - -20% -2.12% 0.56% -30.5% 28.77% -3.18% -2.83%
P/E 48.3x 50.8x 40.8x 30x 38.7x 23.7x 21.4x 20.2x
PBR 5.71x 4.46x 3.92x 3.6x 2.42x 3.39x 3.03x 2.77x
PEG - -2x 1.9x 0.7x -0.8x 0x 2.1x 3.31x
Capitalization / Revenue 5.02x 3.08x 2.94x 2.87x 1.95x 2.53x 2.41x 2.29x
EV / Revenue 5.37x 3.56x 3.4x 3.24x 2.28x 2.88x 2.66x 2.46x
EV / EBITDA 25.2x 17.8x 17.8x 15.7x 10.4x 13.2x 12.1x 11.1x
EV / EBIT 36.8x 26.1x 26.3x 22.5x 24.2x 17.9x 16x 14.6x
EV / FCF 59.2x 150x 35.8x 24.8x 20.1x 26.1x 22.3x 20.1x
FCF Yield 1.69% 0.67% 2.79% 4.03% 4.99% 3.83% 4.48% 4.97%
Dividend per Share 2 1.02 1.05 1.1 1.204 1.25 1.312 1.399 1.48
Rate of return 0.78% 1.03% 1.1% 1.17% 1.81% 1.41% 1.51% 1.59%
EPS 2 2.7 2 2.44 3.42 1.78 3.924 4.333 4.597
Distribution rate 37.8% 52.5% 45.1% 35.2% 70.2% 33.4% 32.3% 32.2%
Net sales 1 3,826 4,618 4,730 4,999 4,929 5,027 5,277 5,541
EBITDA 1 814 922 903.5 1,033 1,081 1,094 1,162 1,224
EBIT 1 559 630 611.2 717.8 465 810.9 877.4 930.6
Net income 1 375 280 340.5 478.2 249.3 549.6 602.9 649.1
Net Debt 1 1,347 2,233 2,166 1,836 1,620 1,777 1,316 919.5
Reference price 2 130.30 101.65 99.64 102.65 68.88 92.90 92.90 92.90
Nbr of stocks (in thousands) 147,381 139,772 139,772 139,772 139,772 136,778 - -
Announcement Date 3/1/22 3/8/23 3/6/24 3/27/25 3/4/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.79x5.14x20.86x1.03% 80.38B
26.15x3.09x16.04x1.99% 38.33B
29.86x4.49x19.45x2.23% 37.96B
14.09x1.37x8.42x2.25% 24.81B
36.81x9.03x27.46x2.49% 22.9B
10.82x2.95x5.82x2.52% 22.46B
25.72x2.77x11.27x1.76% 18.5B
13.77x2.76x6.24x1.18% 16.21B
23.68x2.88x13.24x1.41% 14.75B
Average 24.30x 3.83x 14.31x 1.87% 30.7B
Weighted average by Cap. 27.71x 4.15x 16.30x 1.76%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield