Companies - Corbion

Price

 
Price
€ 27,03
Change
€ 0,03
Change %
0,11%
Open
€ 27,00
High
€ 27,17
Low
€ 26,79
Volume
196.389

Profile

 
Profile
Corbion (previously: CSM) is one of the world's largest suppliers of bakery products and market leader in lactic acid and lactic acid derivatives. Corbion produces and distributes a wide range of bakery products and ingredients for artisan and industrial bakeries and for both in-store and out-of-home markets. Corbion also produces various lactic acid applications for the food, chemical and pharmaceutical industries. Corbion operates in business-to-business markets. Corbion is committed to creating value for both shareholders and other stakeholders of the company. Corbion focuses on achieving, maintaining and developing strong market positions in bakery products and lactic acid (derivatives) to thereby create a sound basis to achieve growth in earnings per share. Growth through both organic growth and acquisitions play a role. The strategy rests on three pillars: 1. Creating an efficient and effective organization (3-S program). 2. The optimum setting of the organization for organic growth. 3. Investing and divesting divisions to optimize the market. Growth should be achieved while maintaining a sound financial position, and is measured using two criteria: 1. ROS (return on sales), return on net sales. 2. ROCE (return on capital employed), the tax return on capital invested.
Industry
Food
Description
In the food industry, companies which are focussing on the production of foods such as dairy, frozen foods, fast food meals, baby food and confectionery.

Key figures (2016)

 
The ratios below are calculated using the last known share price and the last known company financials.

Ratios per share

Price to Earnings
15,097
Price to Earnings (3 years)
28,351
Price to Earnings (5 years)
73,774
Price to earnings growth
0,877
Price/cashflow
10,216
Price/net cashflow
-51,111
Price/book value
3,137
Price to sales
1,716

Ratios for dividend

Dividend yield
2,07%
Pay out
31,28%

Valuation ratios

Market value/PE
3,137
Market value/turnover
1,716
Enterprise value/turnover
1,493

Return ratios

Return on private equity
20,78%
Return on total equity
12,29%
Profit margin
11,37%

Risk ratios

Solvability
0,591
Solvability
2,447
Current ratio
2,178
Debt to Equity
0,691

Value invest ratios

Grahams Number
€ 0,55
Grahams Value
€ -26,48
Grahams Product
47,365
Grahams Product (3 years)
88,948

2016

 

Profit and loss

Net profit (x 1 mln)
€ 103,60
Turnover (x 1 mln)
€ 911,30
Cashflow(x 1 mln)
€ 153,10
Net cashflow(x 1 mln)
€ -30,60

Balance

Private equity (x 1 mln)
€ 498,50
Foreign equity (x 1 mln)
€ 344,50
Current assets (x 1 mln)
€ 376,40
Current liabilities (x 1 mln)
€ 172,80
Working capital (x 1 mln)
€ 203,60
Balance total (x 1 mln)
€ 843,00

Share

Outstanding shares (x 1 mln)
57,862
Price year-end
€ 25,43
Dividend per share
€ 0,56
Earnings per share
€ 1,79
Cashflow per share
€ 2,65
Net cashflow per share
€ -0,53
Book value per share
€ 8,62
Stockmarket value (x 1 mln)
€ 1.471,43

History

 
Year
2016
2015
2014
2013
2012
Net profit (x 1 mln)
€ 103,60
€ 80,20
€ -18,30
€ 4,20
€ -63,70
Turnover (x 1 mln)
€ 911,30
€ 918,30
€ 770,10
€ 743,60
€ 753,70
Price year-end
€ 25,43
€ 22,32
€ 27,63
€ 30,80
€ 32,49
Year high
€ 25,74
€ 37,67
€ 34,70
€ 38,20
€ 33,15
Year low
€ 18,01
€ 16,85
€ 20,50
€ 28,80
€ 20,78
Outstanding shares (x 1 mln)
57,862
59,904
62,042
71,940
69,915
Price to Earnings
14,203
16,668
-93,673
527,560
-35,660
Earnings per share
€ 1,79
€ 1,34
€ -0,29
€ 0,06
€ -0,91
Dividends
€ 0,56
€ 0,43
€ 0,21
€ 0,15
€ 0,70
Dividend yield
2,20%
1,93%
0,76%
0,49%
2,15%
Pay out
31,28%
32,12%
-71,20%
256,93%
-76,83%
Private equity (x 1 mln)
€ 498,50
€ 487,80
€ 508,70
€ 505,20
€ 858,70
PE per share
€ 8,62
€ 8,14
€ 8,20
€ 7,02
€ 12,28
Balance total (x 1 mln)
€ 843,00
€ 808,00
€ 783,60
€ 765,60
€ 2.185,30
Stockmarket value (x 1 mln)
€ 1.471,43
€ 1.336,76
€ 1.714,22
€ 2.215,75
€ 2.271,54

Company analysis

 

Analysis of profit indicators

Average profit per share (10 years)
€ 0,55
Standard deviation average profit
€ 1,33 (243,17%)
Average annual growth rate
-3,90%
Compound annual growth percentage
7,24%