Corbion NV

Corbion NV

CRBN · AS · Basic Materials / Specialty Chemicals

26.56EUR-0.02 (-0.08%)

Price History

Full chart

Market Stats

Previous Close26.58
Open26.56
Day Range26.50 – 26.80
52-Week Range15.83 – 23.14
Volume49.42K
Market Cap1.25B
P/E (TTM)20.38
Forward P/E12.79
EPS1.06
Dividend Yield2.96%
Beta0.94
50-Day Avg20.84
200-Day Avg19.87

About

Corbion N.V. provides lactic acid and derivatives, food preservation solutions, functional ingredient systems, and algae-derived nutritional ingredients in the Netherlands, the United States, Asia, rest of Americas, the rest of Europe, the Middle East, and Africa. It operates in two segments, Functional Ingredients & Solutions, and Health & Nutrition. The company offers antioxidants, fermentation and preservation ingredients, flavors, fortification, functional blends, and lactic acid lactates and derivatives; AlgaPrime DHA, an omega-3 sourcing product; AlgaVia which develops foods and beverages with reduced saturated fat content; CALFEED, a dry lactic acid source to boost feed intake for swine or poultry; LAFEED that helps feed intake and digestive health; LAFEED Powder that acts as a preservative and acidulate; PURAC DW, provides an acidifier, preservative, and antimicrobial in teat-dip applications for animals; PURAC Pet food; PURASOLV; and PURASOLV EL. It also provides PURASORB polymers for medical and pharmaceutical industries; PURASOLV solvents; PURALACT B3 for resin and coating performance; personal care products, such as ESTERLAC Emulsifiers and Surfactants, GLUCONAL ZN, PURAC BF/P41, PURAC HiPure 90, PURAC UltraPure, PURACAL PP/USP, PURAMEX ZN, PURASAL MOISTXS, PURASAL NH/COS, PURASAL S/HQ60, and PURASOLV EL; and GLUCONAL, PURAC PF, PURACAL, PURAMEX, and PURASAL S/PF. In addition, the company offers food solutions, including acidification, color retention, decontamination, food safety and preservation, freshness and shelf life, health and nutrition, strengthening conditioning and texturizing, and taste and texture; PURASORB R&D; biochemical specialties solutions comprising solvency, antimicrobial, moisturization, and pharma; and Algae ingredients solutions. The company was formerly known as CSM N.V. and changed its name to Corbion N.V. in October 2013. Corbion N.V. was founded in 1903 and is headquartered in Amsterdam, the Netherlands.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Olivier Rigaud
  • Employees2.36K
  • HeadquartersPiet Heinkade 127, Amsterdam, Netherlands, 1019 GM, Netherlands
  • Websitehttps://www.corbion.com

Leadership

  • Mr. Olivier RigaudChairman of the Management Board & CEO · b. 1964
  • Mr. Peter KaziusCFO & Member of Management Board · b. 1972
  • Dr. Yves Boland Ph.D.Chief Technology Officer · b. 1979
  • Mr. Alex SokolowskiHead of Investor Relations
  • Sanne VerhoevenHead of Public Affairs & Communication
  • Ms. Masha Vis-MertensChief Human Resources Officer · b. 1971
  • Mr. Ruud PeerboomsChief Commercial Officer · b. 1969
  • Mr. Oli ArnasonChief Integrated Supply Officer · b. 1976

Financials

Income Statement

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.42B3.48B2.73B2.39B2.42B2.49B2.60B2.56B2.99B3.11B753.70M743.60M770.10M918.30M911.30M891.70M897.20M976.40M986.50M1.07B1.46B1.26B1.29B1.27B
Growth (%)-+1.84%-21.60%-12.45%+1.25%+2.65%+4.57%-1.67%+16.99%+4.10%-75.79%-1.34%+3.56%+19.24%-0.76%-2.15%+0.62%+8.83%+1.03%+8.55%+36.15%-13.29%+1.90%-1.61%
Cost of Revenue2.32B2.36B2.12B1.91B1.93B2.06B2.10B1.80B2.35B2.52B555.50M543.20M551.80M660.40M633.90M615.40M639.10M777.70M716.70M805.00M1.13B979.90M968.50M932.70M
Gross Profit1.10B1.12B609.60M484.90M494.20M423.80M499.70M755.00M638.50M588.30M198.20M200.40M218.30M257.90M277.40M276.30M258.10M198.70M269.80M265.80M326.40M284.20M319.60M334.70M
Gross Margin32.23%32.21%22.32%20.28%20.41%17.05%19.22%29.54%21.35%18.90%26.30%26.95%28.35%28.08%30.44%30.99%28.77%20.35%27.35%24.82%22.39%22.48%24.81%26.41%
Operating Expense834.20M869.40M411.50M380.90M372.30M364.00M393.20M415.50M480.40M737.80M160.60M142.20M153.10M153.90M157.40M158.80M168.60M201.50M165.70M183.80M215.60M206.90M242.30M218.20M
Operating Income268.30M253.00M198.10M104.00M121.90M59.80M106.50M339.50M158.10M-149.50M37.60M58.20M65.20M104.00M120.00M117.50M89.50M-2.80M104.10M82.00M110.80M77.30M77.30M116.50M
Operating Margin7.84%7.26%7.25%4.35%5.03%2.41%4.10%13.28%5.29%-4.80%4.99%7.83%8.47%11.33%13.17%13.18%9.98%-0.29%10.55%7.66%7.60%6.12%6.00%9.19%
EBITDA268.30M253.00M280.50M163.00M173.70M135.60M174.60M210.50M248.00M-46.10M82.10M98.40M108.10M148.70M177.40M162.10M135.20M120.40M154.90M140.10M166.70M130.20M160.00M187.50M
EBITDA Margin7.84%7.26%10.27%6.82%7.17%5.46%6.72%8.24%8.29%-1.48%10.89%13.23%14.04%16.19%19.47%18.18%15.07%12.33%15.70%13.08%11.43%10.30%12.42%14.79%
Net Income151.80M136.80M159.70M423.40M104.70M202.80M90.00M86.80M99.30M-174.30M-65.30M2.40M-20.70M80.20M103.60M84.60M54.30M25.80M73.10M78.30M90.00M72.90M192.20M74.80M
Net Income Margin4.44%3.93%5.85%17.70%4.32%8.16%3.46%3.40%3.32%-5.60%-8.66%0.32%-2.69%8.73%11.37%9.49%6.05%2.64%7.41%7.31%6.17%5.77%14.92%5.90%
R&D----28.40M32.30M35.30M34.50M44.90M43.40M19.40M24.90M35.90M32.70M34.30M36.60M41.80M54.10M37.20M65.80M50.90M48.00M50.70M45.70M
R&D as % of Total Revenue----1.17%1.30%1.36%1.35%1.50%1.39%2.57%3.35%4.66%3.56%3.76%4.10%4.66%5.54%3.77%6.14%3.49%3.80%3.94%3.61%
Interest Expense9.90M10.50M65.40M49.30M30.30M29.10M6.20M3.50M10.20M2.00M25.90M16.80M5.00M5.90M8.40M7.80M8.90M10.10M12.50M11.50M15.80M27.00M20.00M15.20M
Interest Expense % of Total Revenue0.29%0.30%2.39%2.06%1.25%1.17%0.24%0.14%0.34%0.06%3.44%2.26%0.65%0.64%0.92%0.87%0.99%1.03%1.27%1.07%1.08%2.14%1.55%1.20%

Balance Sheet

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.50B2.77B2.67B2.18B2.23B2.05B2.11B2.00B2.63B2.42B2.19B765.60M783.60M808.00M843.00M830.80M965.80M1.12B1.09B1.36B1.72B1.70B1.55B1.42B
Total Liabilities1.76B1.99B1.87B1.24B1.38B1.09B1.16B1.01B1.51B1.47B1.33B260.80M274.90M320.20M344.50M341.50M445.60M586.20M578.20M806.50M1.10B1.06B773.80M674.30M
Total Equity739.10M778.10M806.50M946.40M844.90M957.70M941.60M997.80M1.12B948.30M858.70M504.80M508.70M487.80M498.50M489.30M520.20M529.10M516.00M554.10M625.70M636.20M772.50M742.60M
Cash10.90M87.90M76.10M78.30M80.20M37.70M83.60M120.40M118.70M116.00M60.20M123.90M111.40M92.10M60.80M38.10M47.10M45.70M51.60M42.20M58.20M70.20M49.30M44.70M
Total Debt--941.80M399.00M521.10M408.70M122.60M129.50M158.00M149.30M606.80M94.50M105.60M154.20M158.80M183.80M250.30M349.00M335.80M503.20M759.20M785.50M509.20M481.10M
Net Debt-10.90M-87.90M865.70M320.70M440.90M371.00M39.00M9.10M39.30M33.30M546.60M-29.40M-5.80M62.10M98.00M145.70M203.20M303.30M284.20M461.00M701.00M715.30M459.90M436.40M

Cash Flow

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow196.60M333.10M200.10M833.00M177.80M138.80M98.50M277.20M188.60M148.00M197.40M9.90M66.80M110.30M122.60M117.70M99.50M115.70M113.40M26.70M53.20M165.40M184.10M160.90M
Investing Cash Flow-229.80M-469.50M3.30M-43.00M-180.90M67.00M-72.40M-47.10M-454.30M-102.90M-80.80M796.50M-74.00M-55.10M-50.50M-93.50M-87.60M-106.10M-81.30M-123.70M-213.30M-146.80M166.00M-70.10M
Financing Cash Flow-33.80M217.70M-213.00M-791.20M7.90M-245.60M19.80M-193.30M256.60M-49.40M-123.40M-786.40M-6.70M-72.70M-102.70M-42.10M-4.30M-12.00M-23.90M85.90M173.90M-5.30M-371.70M-93.80M
Capital Expenditure00107.40M66.10M115.30M106.40M63.70M47.70M74.50M95.20M53.10M66.10M67.80M60.10M55.50M45.50M60.10M76.20M88.90M148.70M235.80M149.30M84.20M68.20M
Free Cash Flow196.60M333.10M92.70M766.90M62.50M32.40M34.80M229.50M114.10M52.80M144.30M-56.20M-1.00M50.20M67.10M72.20M39.40M39.50M24.50M-122.00M-182.60M16.10M99.90M92.70M
Dividends Paid26.30M47.90M30.70M67.10M57.80M52.80M57.20M31.50M36.20M23.20M21.60M70.10M5.60M58.40M52.50M60.50M32.90M32.90M33.00M33.00M33.00M33.10M41.90M37.20M
FCF to OCF100.00%100.00%46.33%92.06%35.15%23.34%35.33%82.79%60.50%35.68%73.10%-567.68%-1.50%45.51%54.73%61.34%39.60%34.14%21.60%-456.93%-343.23%9.73%54.26%57.61%
Dividend Paid to FCF13.38%14.38%33.12%8.75%92.48%162.96%164.37%13.73%31.73%43.94%14.97%-124.73%-560.00%116.33%78.24%83.80%83.50%83.29%134.69%-27.05%-18.07%205.59%41.94%40.13%

Earnings

Report DateOct 28, 2009Feb 26, 2014Aug 13, 2014Feb 26, 2015Aug 12, 2015Oct 30, 2015Oct 21, 2016Mar 6, 2017Apr 25, 2017Aug 9, 2017Oct 27, 2017Mar 7, 2018Apr 26, 2018Aug 8, 2018Nov 2, 2018Mar 6, 2019Apr 26, 2019Aug 7, 2019Nov 1, 2019Mar 9, 2020Apr 30, 2020Aug 7, 2020Nov 2, 2020Mar 5, 2021Apr 30, 2021Aug 10, 2021Oct 27, 2021Feb 24, 2022Apr 29, 2022Aug 10, 2022Oct 27, 2022Mar 3, 2023Apr 26, 2023Aug 10, 2023Oct 26, 2023Mar 1, 2024Apr 26, 2024Aug 8, 2024Oct 28, 2024Mar 19, 2025Apr 23, 2025Jul 31, 2025Oct 29, 2025Dec 31, 2025Apr 22, 2026Feb 26, 2027
EPS Estimate0.350.000.000.000.001.391.330.960.000.821.390.000.000.000.000.000.000.000.000.000.000.000.000.000.00-0.00-0.00-0.00-0.000.000.000.000.000.000.000.000.00-0.00-0.00-
EPS Actual0.350.000.000.000.000.000.000.000.000.830.000.620.000.540.000.370.000.440.00-0.010.000.420.000.800.001.150.001.330.000.880.001.530.000.000.000.000.000.000.000.390.000.730.000.560.00-
Surprise0.00%-----100.00%-100.00%-100.00%-1.22%-100.00%-----------------------------------
TimingPre-market----------------------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market------After-hours---Pre-market

Key Statistics & Ratios

Market Cap1.25B
Enterprise Value1.77B
Trailing P/E20.38
Forward P/E12.79
PEG Ratio1.26
Price / Sales0.99
Price / Book1.71
EPS1.06
Book Value13.11
Revenue (TTM)1.25B
Gross Profit (TTM)313.90M
EBITDA169.70M
Profit Margin4.96%
Operating Margin7.27%
Return on Equity8.40%
Return on Assets4.26%
Shares Outstanding57.65M
Shares Float57.34M
Beta0.94
Dividend Yield2.96%
Dividend Rate0.64
Payout Ratio114.10%

Dividends

20261×
0.64May 15, 2026
20251×
0.64May 16, 2025
20242×
0.61May 17, 20240.10May 2, 2024
20231×
0.56May 19, 2023
20221×
0.56May 20, 2022
20211×
0.56May 21, 2021
20201×
0.56Jul 1, 2020
20191×
0.56May 15, 2019
20181×
0.56May 29, 2018
20171×
0.44May 17, 2017
20161×
0.42May 16, 2016
20151×
0.81May 26, 2015
20141×
0.15May 15, 2014
20132×
0.70Jul 19, 20130.70May 8, 2013
20121×
0.70May 9, 2012
20111×
0.90May 5, 2011
20101×
0.88May 3, 2010
20091×
0.44Apr 24, 2009
20081×
0.84Apr 25, 2008
20071×
0.76Apr 27, 2007
20061×
0.76Apr 28, 2006
20051×
0.76Apr 22, 2005

Stock Splits

  • Apr 24, 200922:21
  • Nov 2, 19992:1
  • Mar 2, 199858:57
  • Mar 3, 199765:64
  • Mar 8, 19932:1
  • Feb 28, 199239:38
  • Mar 5, 199136:35