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Corbion NV
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Quick analysis of Corbion (30 sec.)










1. Valuation of Corbion (5 min.)




Current price per share

€25.78

2. Growth of Corbion (5 min.)




Is Corbion growing?

Current yearPrevious yearGrowGrow %
How rich?$593.3m$552.5m$40.7m6.9%

How much money is Corbion making?

Current yearPrevious yearGrowGrow %
Making money$83.8m$78.2m$5.5m6.6%
Net Profit Margin7.3%7.4%--

How much money comes from the company's main activities?

3. Financial Health of Corbion (5 min.)




4. Comparing to competitors in the Specialty Chemicals industry (5 min.)




  Industry Rankings (Specialty Chemicals)  


Richest
#158 / 587

Most Revenue
#84 / 587

Most Profit
#85 / 587

Most Efficient
#229 / 587


Fundamentals of Corbion

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

1.1. Profitability of Corbion NV.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Corbion earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Corbion to the Specialty Chemicals industry mean.
  • A Net Profit Margin of 7.3% means that €0.07 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Corbion NV:

  • The MRQ is 7.3%. The company is making a profit. +1
  • The TTM is 7.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.3%TTM7.3%0.0%
TTM7.3%YOY7.4%-0.1%
TTM7.3%5Y6.6%+0.7%
5Y6.6%10Y5.7%+0.9%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ7.3%4.8%+2.5%
TTM7.3%5.7%+1.6%
YOY7.4%7.4%+0.0%
5Y6.6%6.4%+0.2%
10Y5.7%6.0%-0.3%
1.1.2. Return on Assets

Shows how efficient Corbion is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Corbion to the Specialty Chemicals industry mean.
  • 5.8% Return on Assets means that Corbion generated €0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Corbion NV:

  • The MRQ is 5.8%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.8%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.8%TTM5.8%0.0%
TTM5.8%YOY6.8%-1.0%
TTM5.8%5Y6.2%-0.3%
5Y6.2%10Y5.7%+0.5%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ5.8%1.3%+4.5%
TTM5.8%1.5%+4.3%
YOY6.8%1.9%+4.9%
5Y6.2%1.7%+4.5%
10Y5.7%1.7%+4.0%
1.1.3. Return on Equity

Shows how efficient Corbion is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Corbion to the Specialty Chemicals industry mean.
  • 14.1% Return on Equity means Corbion generated €0.14 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Corbion NV:

  • The MRQ is 14.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 14.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ14.1%TTM14.1%0.0%
TTM14.1%YOY14.2%0.0%
TTM14.1%5Y12.2%+2.0%
5Y12.2%10Y10.6%+1.6%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ14.1%2.4%+11.7%
TTM14.1%2.9%+11.2%
YOY14.2%3.5%+10.7%
5Y12.2%3.0%+9.2%
10Y10.6%3.1%+7.5%

1.2. Operating Efficiency of Corbion NV.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Corbion is operating .

  • Measures how much profit Corbion makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Corbion to the Specialty Chemicals industry mean.
  • An Operating Margin of 6.7% means the company generated €0.07  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Corbion NV:

  • The MRQ is 6.7%. The company is operating less efficient.
  • The TTM is 6.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ6.7%TTM6.7%0.0%
TTM6.7%YOY10.0%-3.3%
TTM6.7%5Y10.6%-3.9%
5Y10.6%10Y11.1%-0.5%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ6.7%9.4%-2.7%
TTM6.7%6.1%+0.6%
YOY10.0%9.8%+0.2%
5Y10.6%8.2%+2.4%
10Y11.1%6.9%+4.2%
1.2.2. Operating Ratio

Measures how efficient Corbion is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 1.71 means that the operating costs are €1.71 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Corbion NV:

  • The MRQ is 1.708. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.708. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.708TTM1.7080.000
TTM1.708YOY1.621+0.087
TTM1.7085Y1.639+0.069
5Y1.63910Y1.626+0.013
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7081.569+0.139
TTM1.7081.559+0.149
YOY1.6211.480+0.141
5Y1.6391.464+0.175
10Y1.6261.214+0.412

1.3. Liquidity of Corbion NV.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Corbion is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 1.57 means the company has €1.57 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Corbion NV:

  • The MRQ is 1.572. The company is able to pay all its short-term debts. +1
  • The TTM is 1.572. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.572TTM1.5720.000
TTM1.572YOY1.646-0.075
TTM1.5725Y1.460+0.112
5Y1.46010Y1.747-0.288
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5721.899-0.327
TTM1.5721.890-0.318
YOY1.6461.902-0.256
5Y1.4601.916-0.456
10Y1.7471.732+0.015
1.3.2. Quick Ratio

Measures if Corbion is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Corbion to the Specialty Chemicals industry mean.
  • A Quick Ratio of 0.66 means the company can pay off €0.66 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Corbion NV:

  • The MRQ is 0.662. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.662. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.662TTM0.6620.000
TTM0.662YOY0.615+0.047
TTM0.6625Y0.616+0.046
5Y0.61610Y0.638-0.022
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6620.802-0.140
TTM0.6620.871-0.209
YOY0.6150.987-0.372
5Y0.6161.003-0.387
10Y0.6380.977-0.339

1.4. Solvency of Corbion NV.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Corbion assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Corbion to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.59 means that Corbion assets are financed with 58.7% credit (debt) and the remaining percentage (100% - 58.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Corbion NV:

  • The MRQ is 0.587. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.587. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.587TTM0.5870.000
TTM0.587YOY0.520+0.067
TTM0.5875Y0.499+0.088
5Y0.49910Y0.443+0.055
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5870.420+0.167
TTM0.5870.424+0.163
YOY0.5200.424+0.096
5Y0.4990.438+0.061
10Y0.4430.442+0.001
1.4.2. Debt to Equity Ratio

Measures if Corbion is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Corbion to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 142.0% means that company has €1.42 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Corbion NV:

  • The MRQ is 1.420. The company is able to pay all its debts with equity. +1
  • The TTM is 1.420. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.420TTM1.4200.000
TTM1.420YOY1.082+0.338
TTM1.4205Y1.024+0.396
5Y1.02410Y0.836+0.188
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4200.717+0.703
TTM1.4200.738+0.682
YOY1.0820.748+0.334
5Y1.0240.803+0.221
10Y0.8360.853-0.017

2. Market Valuation of Corbion NV

2. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Corbion generates.

  • Above 15 is considered overpriced but always compare Corbion to the Specialty Chemicals industry mean.
  • A PE ratio of 31.35 means the investor is paying €31.35 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Corbion NV:

  • The EOD is 19.505. Very good. +2
  • The MRQ is 31.354. Good. +1
  • The TTM is 31.354. Good. +1
Trends
Current periodCompared to+/- 
EOD19.505MRQ31.354-11.849
MRQ31.354TTM31.3540.000
TTM31.354YOY37.402-6.048
TTM31.3545Y35.784-4.430
5Y35.78410Y-149.932+185.716
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD19.50524.922-5.417
MRQ31.35425.144+6.210
TTM31.35428.025+3.329
YOY37.40241.431-4.029
5Y35.78441.151-5.367
10Y-149.93250.343-200.275
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Corbion.

  • Lower is better.
  • A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of Corbion NV:

  • The MRQ is 29.272. Seems overpriced? -1
  • The TTM is 29.272. Seems overpriced? -1
Trends
Current periodCompared to+/- 
MRQ29.272TTM29.2720.000
TTM29.272YOY13.201+16.071
TTM29.2725Y48.526-19.255
5Y48.52610Y32.274+16.252
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ29.27227.109+2.163
TTM29.27245.810-16.538
YOY13.20165.159-51.958
5Y48.526117.209-68.683
10Y32.274167.285-135.011

2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Corbion is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 4.43 means the investor is paying €4.43 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Corbion NV:

  • The EOD is 2.756. Good. +1
  • The MRQ is 4.431. Neutral. Compare to industry.
  • The TTM is 4.431. Neutral. Compare to industry.
Trends
Current periodCompared to+/- 
EOD2.756MRQ4.431-1.674
MRQ4.431TTM4.4310.000
TTM4.431YOY5.299-0.868
TTM4.4315Y3.786+0.644
5Y3.78610Y3.120+0.666
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD2.7561.871+0.885
MRQ4.4311.987+2.444
TTM4.4312.057+2.374
YOY5.2992.580+2.719
5Y3.7862.404+1.382
10Y3.1202.698+0.422
2. Total Gains per Share

2.4. Latest News of Corbion NV

Does Corbion NV still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Corbion NV to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2023-05-17
16:46
Corbion General Shareholders Meeting approves Board reappointments and dividendRead
2023-05-11
09:00
Corbion's upgraded, Europe-based Meat Lab supports innovation, growth for the company and its customersRead

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Corbion NV compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.6430.6430%-0.221+134%0.188+243%1.039-38%
Book Value Growth--1.0741.0740%0.975+10%1.022+5%1.012+6%
Book Value Per Share--9.3539.3530%8.710+7%8.807+6%8.643+8%
Book Value Per Share Growth--1.0741.0740%0.975+10%1.022+5%1.012+6%
Current Ratio--1.5721.5720%1.646-5%1.460+8%1.747-10%
Debt To Asset Ratio--0.5870.5870%0.520+13%0.499+18%0.443+32%
Debt To Equity Ratio--1.4201.4200%1.082+31%1.024+39%0.836+70%
Dividend Per Share--0.5570.5570%0.5570%0.564-1%0.569-2%
Dividend Per Share Growth--1.0001.0000%1.0030%0.922+9%1.555-36%
Eps--1.3221.3220%1.234+7%1.067+24%0.890+49%
Eps Growth--1.0711.0710%2.833-62%1.171-9%-2.447+328%
Free Cash Flow Per Share---2.132-2.1320%0.339-728%0.147-1548%0.194-1196%
Free Cash Flow Per Share Growth---6.284-6.2840%0.526-1294%-0.633-90%6.544-196%
Free Cash Flow To Equity Per Share---0.682-0.6820%-0.064-91%0.159-528%-1.615+137%
Free Cash Flow To Equity Per Share Growth---8.632-8.6320%-0.145-98%-0.804-91%-0.316-96%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---45.068--------
Intrinsic Value_10Y_min---37.277--------
Intrinsic Value_1Y_max---1.277--------
Intrinsic Value_1Y_min---1.240--------
Intrinsic Value_3Y_max---6.305--------
Intrinsic Value_3Y_min---5.910--------
Intrinsic Value_5Y_max---14.309--------
Intrinsic Value_5Y_min---12.937--------
Net Profit Margin--0.0730.0730%0.074-1%0.066+11%0.057+29%
Operating Margin--0.0670.0670%0.100-33%0.106-37%0.111-39%
Operating Ratio--1.7081.7080%1.621+5%1.639+4%1.626+5%
Pb Ratio2.756-61%4.4314.4310%5.299-16%3.786+17%3.120+42%
Pe Ratio19.505-61%31.35431.3540%37.402-16%35.784-12%-149.932+578%
Peg Ratio--29.27229.2720%13.201+122%48.526-40%32.274-9%
Price Per Share25.780-61%41.44041.4400%46.150-10%33.434+24%27.126+53%
Price To Total Gains Ratio21.481-61%34.52934.5290%137.390-75%59.201-42%33.536+3%
Profit Growth--1.0711.0710%2.833-62%1.168-8%0.649+65%
Quick Ratio--0.6620.6620%0.615+8%0.616+7%0.638+4%
Return On Assets--0.0580.0580%0.068-14%0.062-5%0.057+3%
Return On Equity--0.1410.1410%0.1420%0.122+16%0.106+34%
Revenue Growth--1.0851.0850%1.010+7%1.034+5%1.049+4%
Total Gains Per Share--1.2001.2000%0.336+257%0.751+60%1.609-25%
Total Gains Per Share Growth--3.5733.5730%0.476+650%1.514+136%1.666+114%
Usd Book Value--593330280.000593330280.0000%552532800.000+7%558679192.000+6%548309088.889+8%
Usd Book Value Change Per Share--0.6890.6890%-0.237+134%0.201+243%1.113-38%
Usd Book Value Per Share--10.01510.0150%9.327+7%9.430+6%9.255+8%
Usd Dividend Per Share--0.5960.5960%0.5960%0.604-1%0.610-2%
Usd Eps--1.4151.4150%1.321+7%1.143+24%0.953+49%
Usd Free Cash Flow---135242040.000-135242040.0000%21523080.000-728%9337376.000-1548%12337995.556-1196%
Usd Free Cash Flow Per Share---2.283-2.2830%0.363-728%0.158-1548%0.208-1196%
Usd Free Cash Flow To Equity Per Share---0.730-0.7300%-0.069-91%0.171-528%-1.730+137%
Usd Price Per Share27.605-61%44.37444.3740%49.417-10%35.801+24%29.046+53%
Usd Profit--83843640.00083843640.0000%78275480.000+7%67695976.000+24%57561448.889+46%
Usd Revenue--1146612640.0001146612640.0000%1056344200.000+9%1032808016.000+11%971560635.556+18%
Usd Total Gains Per Share--1.2851.2850%0.360+257%0.805+60%1.723-25%
 EOD+3 -2MRQTTM+0 -0YOY+19 -215Y+23 -1910Y+22 -20

3.2. Fundamental Score

Let's check the fundamental score of Corbion NV based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1519.505
Price to Book Ratio (EOD)Between0-12.756
Net Profit Margin (MRQ)Greater than00.073
Operating Margin (MRQ)Greater than00.067
Quick Ratio (MRQ)Greater than10.662
Current Ratio (MRQ)Greater than11.572
Debt to Asset Ratio (MRQ)Less than10.587
Debt to Equity Ratio (MRQ)Less than11.420
Return on Equity (MRQ)Greater than0.150.141
Return on Assets (MRQ)Greater than0.050.058
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Corbion NV based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5029.541
Ma 20Greater thanMa 5027.743
Ma 50Greater thanMa 10028.889
Ma 100Greater thanMa 20031.791
OpenGreater thanClose25.420
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2021-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets1,341,100
Total Liabilities787,000
Total Stockholder Equity554,100
 As reported
Total Liabilities 787,000
Total Stockholder Equity+ 554,100
Total Assets = 1,341,100

Assets

Total Assets1,341,100
Total Current Assets504,500
Long-term Assets504,500
Total Current Assets
Cash And Cash Equivalents 42,200
Net Receivables 212,400
Inventory 230,000
Other Current Assets 11,200
Total Current Assets  (as reported)504,500
Total Current Assets  (calculated)495,800
+/- 8,700
Long-term Assets
Property Plant Equipment 532,900
Goodwill 77,700
Intangible Assets 80,200
Other Assets 142,100
Long-term Assets  (as reported)836,600
Long-term Assets  (calculated)832,900
+/- 3,700

Liabilities & Shareholders' Equity

Total Current Liabilities321,000
Long-term Liabilities466,000
Total Stockholder Equity554,100
Total Current Liabilities
Short Long Term Debt 74,700
Accounts payable 128,000
Other Current Liabilities 56,000
Total Current Liabilities  (as reported)321,000
Total Current Liabilities  (calculated)258,700
+/- 62,300
Long-term Liabilities
Long term Debt 359,100
Capital Lease Obligations Min Short Term Debt69,400
Other Liabilities 47,400
Long-term Liabilities Other 16,900
Deferred Long Term Liability 30,700
Long-term Liabilities  (as reported)466,000
Long-term Liabilities  (calculated)523,500
+/- 57,500
Total Stockholder Equity
Common Stock14,800
Retained Earnings 460,900
Other Stockholders Equity 23,200
Total Stockholder Equity (as reported)554,100
Total Stockholder Equity (calculated)498,900
+/- 55,200
Other
Capital Stock14,800
Common Stock Shares Outstanding 59,243
Net Debt 391,600
Net Invested Capital 987,900
Net Tangible Assets 426,900
Net Working Capital 183,500



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
> Total Assets 
765,600
783,600
808,000
843,000
830,800
965,800
1,091,100
1,074,500
1,341,100
1,341,1001,074,5001,091,100965,800830,800843,000808,000783,600765,600
   > Total Current Assets 
330,100
350,500
338,200
376,400
332,700
349,600
372,500
385,100
504,500
504,500385,100372,500349,600332,700376,400338,200350,500330,100
       Cash And Cash Equivalents 
123,900
111,400
92,100
60,800
38,100
47,100
45,700
51,600
42,200
42,20051,60045,70047,10038,10060,80092,100111,400123,900
       Short-term Investments 
0
0
0
0
3,200
0
0
0
0
00003,2000000
       Net Receivables 
102,000
102,900
110,800
122,600
157,000
144,400
155,000
143,800
212,400
212,400143,800155,000144,400157,000122,600110,800102,900102,000
       Inventory 
97,100
128,400
133,000
137,700
128,300
152,700
163,200
164,800
230,000
230,000164,800163,200152,700128,300137,700133,000128,40097,100
       Other Current Assets 
200
5,200
100
50,900
3,200
0
1,500
18,400
11,200
11,20018,4001,50003,20050,9001005,200200
   > Long-term Assets 
0
0
0
466,600
498,100
616,200
718,600
689,400
836,600
836,600689,400718,600616,200498,100466,600000
       Property Plant Equipment 
310,200
288,700
307,400
297,200
280,000
368,900
433,000
406,500
532,900
532,900406,500433,000368,900280,000297,200307,400288,700310,200
       Goodwill 
51,900
58,200
64,200
66,200
58,800
61,300
80,400
70,100
77,700
77,70070,10080,40061,30058,80066,20064,20058,20051,900
       Long Term Investments 
6,900
6,600
6,400
5,000
26,200
19,200
83,800
0
0
0083,80019,20026,2005,0006,4006,6006,900
       Intangible Assets 
34,900
36,800
45,000
72,000
71,500
77,900
92,500
95,600
80,200
80,20095,60092,50077,90071,50072,00045,00036,80034,900
       Long-term Assets Other 
0
0
0
0
0
616,200
718,600
0
0
00718,600616,20000000
> Total Liabilities 
260,800
274,900
320,200
344,500
341,500
445,600
562,000
558,500
787,000
787,000558,500562,000445,600341,500344,500320,200274,900260,800
   > Total Current Liabilities 
144,300
218,100
140,900
176,600
199,900
260,000
347,700
233,900
321,000
321,000233,900347,700260,000199,900176,600140,900218,100144,300
       Short-term Debt 
94,500
70,000
154,200
87,800
116,200
165,400
169,800
0
0
00169,800165,400116,20087,800154,20070,00094,500
       Short Long Term Debt 
94,500
70,000
154,200
87,800
116,200
165,400
169,800
42,400
74,700
74,70042,400169,800165,400116,20087,800154,20070,00094,500
       Accounts payable 
57,700
70,600
69,700
76,200
76,600
87,800
94,300
99,400
128,000
128,00099,40094,30087,80076,60076,20069,70070,60057,700
       Other Current Liabilities 
86,500
77,500
71,200
74,700
56,500
14,600
26,700
31,800
56,000
56,00031,80026,70014,60056,50074,70071,20077,50086,500
   > Long-term Liabilities 
0
0
0
167,900
141,600
185,600
214,300
324,600
466,000
466,000324,600214,300185,600141,600167,900000
       Capital Lease Obligations 
0
0
0
100
300
1,200
66,200
53,900
69,400
69,40053,90066,2001,200300100000
       Long-term Liabilities Other 
0
0
0
0
4,800
27,000
24,100
18,500
16,900
16,90018,50024,10027,0004,8000000
       Deferred Long Term Liability 
10,700
27,900
29,400
30,900
31,400
31,600
31,500
31,400
30,700
30,70031,40031,50031,60031,40030,90029,40027,90010,700
> Total Stockholder Equity
504,800
508,700
487,800
498,500
489,300
520,200
529,100
516,000
554,100
554,100516,000529,100520,200489,300498,500487,800508,700504,800
   Common Stock
18,700
16,100
15,600
15,000
14,800
14,800
14,800
14,800
14,800
14,80014,80014,80014,80014,80015,00015,60016,10018,700
   Retained Earnings 
409,700
398,700
374,900
372,000
386,400
410,800
398,500
435,000
460,900
460,900435,000398,500410,800386,400372,000374,900398,700409,700
   Capital Surplus 000000000
   Treasury Stock000000000
   Other Stockholders Equity 
3,400
31,000
38,600
55,700
32,900
39,400
60,600
11,000
23,200
23,20011,00060,60039,40032,90055,70038,60031,0003,400



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2021-12-31)

Gross Profit (+$)
totalRevenue1,070,800
Cost of Revenue-805,000
Gross Profit265,800265,800
 
Operating Income (+$)
Gross Profit265,800
Operating Expense-1,023,800
Operating Income47,000-758,000
 
Operating Expense (+$)
Research Development65,800
Selling General Administrative153,000
Selling And Marketing Expenses-
Operating Expense1,023,800218,800
 
Net Interest Income (+$)
Interest Income4,400
Interest Expense-13,700
Other Finance Cost-400
Net Interest Income-8,900
 
Pretax Income (+$)
Operating Income47,000
Net Interest Income-8,900
Other Non-Operating Income Expenses-
Income Before Tax (EBT)86,50047,000
EBIT - interestExpense = 58,100
86,500
92,000
Interest Expense13,700
Earnings Before Interest and Taxes (EBIT)71,800100,200
Earnings Before Interest and Taxes (EBITDA)164,300
 
After tax Income (+$)
Income Before Tax86,500
Tax Provision-8,200
Net Income From Continuing Ops78,30078,300
Net Income78,300
Net Income Applicable To Common Shares78,300
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses35,000
Total Other Income/Expenses Net-8,900
 

Technicals of Corbion

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Corbion NV Daily Moving Averages ChartCorbion NV Daily Moving Averages Chart
1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of Corbion NV:

  • The Moving Average Convergence/Divergence (MACD) is -0.978. The Moving Average Convergence/Divergence (MACD) below zero is a bearish sign. -1
  • The MACD is lower than the signal line. This is a bearish indication. -1
Corbion NV Daily Moving Average Convergence/Divergence (MACD) ChartCorbion NV Daily Moving Average Convergence/Divergence (MACD) Chart
1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of Corbion NV:

  • The ADX is 34.167. Strong Trend. +1
  • The ADX is rising, the current trend is strengthening. +1
  • The +DI is lower than the -DI. The current trend is down. -2
Corbion NV Daily Directional Movement Index (DMI) ChartCorbion NV Daily Directional Movement Index (DMI) Chart
1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..
  • The Parabolic SAR is higher than the price. The current trend is down. -2
  • Corbion NV Daily Parabolic SAR ChartCorbion NV Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 Relative Strength Index (RSI)

    Measures the speed and change of price movements.

    • Leading momentum indicator, meaning the signals are instant.
    • Ranges between 0 and 100.
    • Above 70 is considered overbought.
    • Below 30 is considered oversold.
    • Above or below 50 can also be used to determine price trend or support and resistance.
    • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
    • Can be used in many different ways
    • The RSI is below 50. -1
    • The RSI is below 30 and oversold. +2
    Corbion NV Daily Relative Strength Index (RSI) ChartCorbion NV Daily Relative Strength Index (RSI) Chart
    2.2 Stochastic Oscillator

    Compares a certain price to multiple prices ranging over time.

    • Leading momentum indicator, meaning the signals are instant.
    • Used to determine overbought and oversold areas much like the RSI.
    • Ranges between 0 and 100.
    • Above 80 is considered overbought.
    • Below 20 is considered oversold.
    • Consists of two lines named K and D.
    • K compares the highest high and lowest low on the selected price range.
    • The D line is a moving average of the K line.
    • Can be used to spot divergences
    • The Stochastic is below 50. -1
    • The Stochastic is below 30 and oversold. +2
    Corbion NV Daily Stochastic Oscillator ChartCorbion NV Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    Corbion NV Daily Commodity Channel Index (CCI) ChartCorbion NV Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    Corbion NV Daily Chande Momentum Oscillator (CMO) ChartCorbion NV Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    Corbion NV Daily Williams %R ChartCorbion NV Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    Corbion NV Daily Bollinger Bands ChartCorbion NV Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    Corbion NV Daily Average True Range (ATR) ChartCorbion NV Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    Corbion NV Daily On-Balance Volume (OBV) ChartCorbion NV Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    Corbion NV Daily Money Flow Index (MFI) ChartCorbion NV Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for Corbion NV.

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2023-05-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
    CMO SHORT ENTRY LONG CLOSE-50 crossover to downside
    MFI20 crossover to upside
    2023-05-26CMO SHORT ENTRY LONG CLOSE-50 crossover to downside
    MFI20 crossover to downside
    2023-05-29RSI LONG ENTRY SHORT CLOSE30 crossover to upside
    ATR LONG ENTRY SHORT CLOSE
    2023-05-30CMO SHORT ENTRY LONG CLOSE-50 crossover to downside
    MFI20 crossover to upside
    2023-05-31CMO SHORT ENTRY LONG CLOSE-50 crossover to downside
    2023-06-01CMO SHORT ENTRY LONG CLOSE-50 crossover to downside
    MFI20 crossover to downside

    5.2. Technical Score

    Let's check the technical score of Corbion NV based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5029.541
    Ma 20Greater thanMa 5027.743
    Ma 50Greater thanMa 10028.889
    Ma 100Greater thanMa 20031.791
    OpenGreater thanClose25.420
    Total1/5 (20.0%)

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