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Corbion NV
Buy, Hold or Sell?

Let's analyse Corbion together

PenkeI guess you are interested in Corbion NV. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Corbion NV. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Corbion (30 sec.)










What can you expect buying and holding a share of Corbion? (30 sec.)

How much money do you get?

How much money do you get?
€1.21
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€10.51
Expected worth in 1 year
€10.94
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
€1.55
Return On Investment
7.8%

For what price can you sell your share?

Current Price per Share
€19.85
Expected price per share
€17.39 - €20.76
How sure are you?
50%

1. Valuation of Corbion (5 min.)




Live pricePrice per Share (EOD)

€19.85

Intrinsic Value Per Share

€-33.24 - €-20.09

Total Value Per Share

€-22.73 - €-9.58

2. Growth of Corbion (5 min.)




Is Corbion growing?

Current yearPrevious yearGrowGrow %
How rich?$671.6m$498.5m$169.1m25.3%

How much money is Corbion making?

Current yearPrevious yearGrowGrow %
Making money$17.9m$24.5m-$6.6m-37.2%
Net Profit Margin0.0%3.7%--

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
#139 / 565

Most Revenue
#55 / 565

Most Profit
#57 / 565

Most Efficient
#206 / 565

What can you expect buying and holding a share of Corbion? (5 min.)

Welcome investor! Corbion's management wants to use your money to grow the business. In return you get a share of Corbion.

What can you expect buying and holding a share of Corbion?

First you should know what it really means to hold a share of Corbion. And how you can make/lose money.

Speculation

The Price per Share of Corbion is €19.85. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Corbion.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Corbion, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €10.51. Based on the TTM, the Book Value Change Per Share is €0.11 per quarter. Based on the YOY, the Book Value Change Per Share is €0.16 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.28 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Corbion.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.261.3%0.301.5%0.291.4%0.291.5%0.271.3%
Usd Book Value Change Per Share-0.09-0.4%0.120.6%0.170.8%0.120.6%-0.06-0.3%
Usd Dividend Per Share0.301.5%0.301.5%0.231.1%0.201.0%0.211.1%
Usd Total Gains Per Share0.221.1%0.422.1%0.392.0%0.321.6%0.150.7%
Usd Price Per Share23.65-29.64-38.71-35.46-30.34-
Price to Earnings Ratio22.98-24.83-65.78--170.23--84.94-
Price-to-Total Gains Ratio109.93-87.45-34.99-24.45-14.32-
Price to Book Ratio2.08-2.62-7.14-7.51-7.03-
Price-to-Total Gains Ratio109.93-87.45-34.99-24.45-14.32-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share21.471745
Number of shares46
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.300.20
Usd Book Value Change Per Share0.120.12
Usd Total Gains Per Share0.420.32
Gains per Quarter (46 shares)19.3214.95
Gains per Year (46 shares)77.2959.78
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1562267372250
2111431447545110
31676522111267170
42238629815090230
5279108375187112290
6334129452224134350
7390151529262157410
8446173606299179470
9501194683336202530
10557216760374224590

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%18.02.00.090.0%30.04.01.085.7%58.07.04.084.1%
Book Value Change Per Share1.01.02.025.0%5.04.03.041.7%9.08.03.045.0%17.015.03.048.6%31.019.019.044.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%35.00.00.0100.0%69.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%9.03.00.075.0%13.07.00.065.0%21.014.00.060.0%52.017.00.075.4%

Fundamentals of Corbion

About Corbion NV

Corbion N.V. provides lactic acid and lactic acid derivatives, emulsifiers, functional enzyme blends, minerals, vitamins, and algae ingredients in the Netherlands, the United States, Latin America, Asia, rest of North America, and rest of Europe, the Middle East, and Africa. The company offers ingredient solutions made from renewable resources for the food, home and personal care, animal nutrition, pharmaceutical, medical device, and bioplastics markets It markets its products through a network of sales offices and distributors. 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 1919 and is headquartered in Amsterdam, the Netherlands.

Fundamental data was last updated by Penke on 2024-03-19 01:54:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is just 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 just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

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 0.0% means that €0.00 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 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY3.7%-3.7%
TTM-5Y4.2%-4.2%
5Y4.2%10Y5.0%-0.8%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.2%-4.2%
TTM-4.2%-4.2%
YOY3.7%6.4%-2.7%
5Y4.2%6.0%-1.8%
10Y5.0%6.0%-1.0%
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.
  • 0.8% Return on Assets means that Corbion generated €0.01 profit for each $1 in assets.

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

  • The MRQ is 0.8%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.0%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.8%TTM1.0%-0.2%
TTM1.0%YOY2.7%-1.7%
TTM1.0%5Y2.6%-1.7%
5Y2.6%10Y3.2%-0.6%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8%1.1%-0.3%
TTM1.0%1.1%-0.1%
YOY2.7%1.7%+1.0%
5Y2.6%1.6%+1.0%
10Y3.2%1.7%+1.5%
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.
  • 2.3% Return on Equity means Corbion generated €0.02 for each €1 the owners (shareholders) invested.

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

  • The MRQ is 2.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.3%TTM2.7%-0.4%
TTM2.7%YOY6.7%-4.0%
TTM2.7%5Y5.9%-3.2%
5Y5.9%10Y6.3%-0.4%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%2.2%+0.1%
TTM2.7%2.0%+0.7%
YOY6.7%3.2%+3.5%
5Y5.9%2.7%+3.2%
10Y6.3%2.8%+3.5%

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 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY2.2%-2.2%
TTM-5Y5.4%-5.4%
5Y5.4%10Y6.5%-1.1%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.5%-7.5%
TTM-4.8%-4.8%
YOY2.2%8.2%-6.0%
5Y5.4%8.1%-2.7%
10Y6.5%7.3%-0.8%
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 0.00 means that the operating costs are €0.00 for each €1 in net sales.

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

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.376-0.376
TTM-5Y0.795-0.795
5Y0.79510Y0.937-0.142
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.529-1.529
TTM-1.530-1.530
YOY0.3761.459-1.083
5Y0.7951.462-0.667
10Y0.9371.229-0.292

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 1.03 means the company has €1.03 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 1.033. The company is just able to pay all its short-term debts.
  • The TTM is 1.068. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.033TTM1.068-0.035
TTM1.068YOY1.408-0.340
TTM1.0685Y1.301-0.232
5Y1.30110Y1.561-0.261
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0331.831-0.798
TTM1.0681.875-0.807
YOY1.4081.896-0.488
5Y1.3011.926-0.625
10Y1.5611.762-0.201
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 0.45 means the company can pay off €0.45 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 0.449. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.338. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.449TTM0.338+0.111
TTM0.338YOY1.191-0.853
TTM0.3385Y1.238-0.901
5Y1.23810Y1.317-0.079
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4490.846-0.397
TTM0.3380.884-0.546
YOY1.1910.966+0.225
5Y1.2381.049+0.189
10Y1.3171.030+0.287

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 0.64 means that Corbion assets are financed with 64.0% credit (debt) and the remaining percentage (100% - 64.0%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.640. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.633. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.640TTM0.633+0.007
TTM0.633YOY0.597+0.036
TTM0.6335Y0.556+0.077
5Y0.55610Y0.487+0.069
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6400.431+0.209
TTM0.6330.427+0.206
YOY0.5970.426+0.171
5Y0.5560.433+0.123
10Y0.4870.439+0.048
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 177.5% means that company has €1.78 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 1.775. The company is just able to pay all its debts with equity.
  • The TTM is 1.725. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.775TTM1.725+0.050
TTM1.725YOY1.484+0.241
TTM1.7255Y1.288+0.438
5Y1.28810Y1.019+0.269
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7750.767+1.008
TTM1.7250.752+0.973
YOY1.4840.747+0.737
5Y1.2880.797+0.491
10Y1.0190.845+0.174

2. Market Valuation of Corbion NV

2.1. 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 22.98 means the investor is paying €22.98 for every €1 in earnings.

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

  • The EOD is 20.871. Based on the earnings, the company is fair priced.
  • The MRQ is 22.984. Based on the earnings, the company is fair priced.
  • The TTM is 24.826. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD20.871MRQ22.984-2.113
MRQ22.984TTM24.826-1.842
TTM24.826YOY65.784-40.958
TTM24.8265Y-170.232+195.058
5Y-170.23210Y-84.937-85.294
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD20.87115.013+5.858
MRQ22.98413.988+8.996
TTM24.82615.705+9.121
YOY65.78417.841+47.943
5Y-170.23219.498-189.730
10Y-84.93723.950-108.887
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Corbion NV:

  • The EOD is -15.937. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -17.551. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -14.622. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-15.937MRQ-17.551+1.614
MRQ-17.551TTM-14.622-2.929
TTM-14.622YOY-14.478-0.144
TTM-14.6225Y30.216-44.838
5Y30.21610Y-45.962+76.178
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-15.9375.077-21.014
MRQ-17.5514.568-22.119
TTM-14.6222.302-16.924
YOY-14.478-0.150-14.328
5Y30.2163.140+27.076
10Y-45.9622.653-48.615
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 2.08 means the investor is paying €2.08 for each €1 in book value.

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

  • The EOD is 1.889. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.080. Based on the equity, the company is underpriced. +1
  • The TTM is 2.623. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.889MRQ2.080-0.191
MRQ2.080TTM2.623-0.542
TTM2.623YOY7.137-4.514
TTM2.6235Y7.512-4.890
5Y7.51210Y7.025+0.487
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD1.8891.713+0.176
MRQ2.0801.781+0.299
TTM2.6231.854+0.769
YOY7.1372.306+4.831
5Y7.5122.351+5.161
10Y7.0252.842+4.183
2. Total Gains per Share

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---0.0810.108-175%0.156-152%0.113-172%-0.058-29%
Book Value Per Share--10.50810.440+1%7.766+35%6.952+51%6.228+69%
Current Ratio--1.0331.068-3%1.408-27%1.301-21%1.561-34%
Debt To Asset Ratio--0.6400.633+1%0.597+7%0.556+15%0.487+31%
Debt To Equity Ratio--1.7751.725+3%1.484+20%1.288+38%1.019+74%
Dividend Per Share--0.2800.280+0%0.209+34%0.188+49%0.195+44%
Eps--0.2380.280-15%0.264-10%0.267-11%0.245-3%
Free Cash Flow Per Share---0.311-0.587+89%-0.665+114%-0.244-22%-0.079-75%
Free Cash Flow To Equity Per Share--0.005-0.106+2189%-0.330+6591%-0.266+5346%-0.309+6181%
Gross Profit Margin--1.0001.0000%0.569+76%0.148+575%0.062+1517%
Intrinsic Value_10Y_max---20.086--------
Intrinsic Value_10Y_min---33.237--------
Intrinsic Value_1Y_max---0.564--------
Intrinsic Value_1Y_min---2.213--------
Intrinsic Value_3Y_max---2.798--------
Intrinsic Value_3Y_min---7.657--------
Intrinsic Value_5Y_max---6.363--------
Intrinsic Value_5Y_min---14.162--------
Market Cap1172954365.000-10%1291727074.0001620065047.180-20%2124791744.280-39%1945512877.092-34%1677529178.733-23%
Net Profit Margin----0%0.037-100%0.042-100%0.050-100%
Operating Margin----0%0.022-100%0.054-100%0.065-100%
Operating Ratio----0%0.376-100%0.795-100%0.937-100%
Pb Ratio1.889-10%2.0802.623-21%7.137-71%7.512-72%7.025-70%
Pe Ratio20.871-10%22.98424.826-7%65.784-65%-170.232+841%-84.937+470%
Price Per Share19.850-10%21.86027.400-20%35.790-39%32.782-33%28.053-22%
Price To Free Cash Flow Ratio-15.937+9%-17.551-14.622-17%-14.478-18%30.216-158%-45.962+162%
Price To Total Gains Ratio99.826-10%109.93487.451+26%34.992+214%24.451+350%14.320+668%
Quick Ratio--0.4490.338+33%1.191-62%1.238-64%1.317-66%
Return On Assets--0.0080.010-18%0.027-70%0.026-69%0.032-75%
Return On Equity--0.0230.027-16%0.067-66%0.059-61%0.063-64%
Total Gains Per Share--0.1990.388-49%0.364-45%0.300-34%0.137+46%
Usd Book Value--671627530.000667706367.500+1%498535248.125+35%445917303.750+51%403560636.000+66%
Usd Book Value Change Per Share---0.0880.117-175%0.168-152%0.122-172%-0.063-29%
Usd Book Value Per Share--11.36611.293+1%8.400+35%7.520+51%6.737+69%
Usd Dividend Per Share--0.3030.303+0%0.226+34%0.203+49%0.211+44%
Usd Eps--0.2570.303-15%0.285-10%0.289-11%0.265-3%
Usd Free Cash Flow---19903280.000-37562032.500+89%-42686586.250+114%-15611635.250-22%-5124167.429-74%
Usd Free Cash Flow Per Share---0.337-0.635+89%-0.719+114%-0.263-22%-0.086-75%
Usd Free Cash Flow To Equity Per Share--0.005-0.115+2189%-0.356+6591%-0.288+5346%-0.334+6181%
Usd Market Cap1268784736.621-10%1397261175.9461752424361.535-20%2298387229.788-39%2104461279.150-34%1814583312.635-23%
Usd Price Per Share21.472-10%23.64629.639-20%38.714-39%35.460-33%30.344-22%
Usd Profit--15197885.00017929177.500-15%24595153.750-38%17799373.500-15%16464246.643-8%
Usd Revenue----0%144785545.000-100%187899402.750-100%200560314.929-100%
Usd Total Gains Per Share--0.2150.420-49%0.394-45%0.325-34%0.148+46%
 EOD+3 -5MRQTTM+16 -15YOY+17 -195Y+13 -2310Y+14 -22

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)Between0-1520.871
Price to Book Ratio (EOD)Between0-11.889
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.449
Current Ratio (MRQ)Greater than11.033
Debt to Asset Ratio (MRQ)Less than10.640
Debt to Equity Ratio (MRQ)Less than11.775
Return on Equity (MRQ)Greater than0.150.023
Return on Assets (MRQ)Greater than0.050.008
Total2/10 (20.0%)

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 than5057.123
Ma 20Greater thanMa 5019.702
Ma 50Greater thanMa 10018.739
Ma 100Greater thanMa 20018.348
OpenGreater thanClose19.900
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in EUR. All numbers in thousands.

Summary
Total Assets1,723,200
Total Liabilities1,102,300
Total Stockholder Equity620,900
 As reported
Total Liabilities 1,102,300
Total Stockholder Equity+ 620,900
Total Assets = 1,723,200

Assets

Total Assets1,723,200
Total Current Assets648,000
Long-term Assets1,075,200
Total Current Assets
Cash And Cash Equivalents 58,100
Net Receivables 281,400
Inventory 308,500
Total Current Assets  (as reported)648,000
Total Current Assets  (calculated)648,000
+/-0
Long-term Assets
Property Plant Equipment 766,600
Other Assets 24,900
Long-term Assets  (as reported)1,075,200
Long-term Assets  (calculated)791,500
+/- 283,700

Liabilities & Shareholders' Equity

Total Current Liabilities627,300
Long-term Liabilities475,000
Total Stockholder Equity620,900
Total Current Liabilities
Short Long Term Debt 386,900
Accounts payable 129,400
Other Current Liabilities 98,100
Total Current Liabilities  (as reported)627,300
Total Current Liabilities  (calculated)614,400
+/- 12,900
Long-term Liabilities
Long term Debt 368,700
Capital Lease Obligations Min Short Term Debt68,900
Other Liabilities 50,300
Long-term Liabilities Other 17,300
Long-term Liabilities  (as reported)475,000
Long-term Liabilities  (calculated)505,200
+/- 30,200
Total Stockholder Equity
Common Stock14,800
Retained Earnings 492,500
Other Stockholders Equity 58,400
Total Stockholder Equity (as reported)620,900
Total Stockholder Equity (calculated)565,700
+/- 55,200
Other
Capital Stock14,800
Common Stock Shares Outstanding 59,013
Net Debt 697,500
Net Invested Capital 1,376,500
Net Tangible Assets 460,400
Net Working Capital 20,700
Property Plant and Equipment Gross 766,600



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-31
> Total Assets 
624,575
624,575
624,575
624,575
691,350
691,350
691,350
691,350
668,500
668,500
668,500
668,500
545,850
545,850
545,850
545,850
556,275
556,275
556,275
556,275
512,075
512,075
512,075
512,075
526,625
526,625
526,625
526,625
500,925
500,925
500,925
2,003,700
656,825
2,703,500
656,825
2,627,300
603,825
603,825
603,825
2,415,300
546,325
2,443,100
546,325
2,185,300
191,400
2,241,200
191,400
765,600
195,900
761,200
195,900
783,600
202,000
749,000
202,000
808,000
210,750
783,400
210,750
843,000
207,700
806,000
207,700
830,800
241,450
914,900
241,450
965,800
272,775
1,062,800
272,775
1,091,100
268,625
1,097,900
268,625
1,074,500
335,275
1,167,600
335,275
1,341,100
0
1,596,300
0
1,705,400
0
1,723,200
1,723,20001,705,40001,596,30001,341,100335,2751,167,600335,2751,074,500268,6251,097,900268,6251,091,100272,7751,062,800272,775965,800241,450914,900241,450830,800207,700806,000207,700843,000210,750783,400210,750808,000202,000749,000202,000783,600195,900761,200195,900765,600191,4002,241,200191,4002,185,300546,3252,443,100546,3252,415,300603,825603,825603,8252,627,300656,8252,703,500656,8252,003,700500,925500,925500,925526,625526,625526,625526,625512,075512,075512,075512,075556,275556,275556,275556,275545,850545,850545,850545,850668,500668,500668,500668,500691,350691,350691,350691,350624,575624,575624,575624,575
   > Total Current Assets 
268,825
268,825
268,825
268,825
277,950
277,950
277,950
277,950
343,125
343,125
343,125
343,125
214,150
214,150
214,150
214,150
217,375
217,375
217,375
217,375
174,850
174,850
174,850
174,850
186,400
186,400
186,400
186,400
168,550
168,550
168,550
674,200
209,050
835,600
209,050
836,200
214,100
214,100
214,100
856,400
439,300
862,400
439,300
1,757,200
82,525
1,806,800
82,525
330,100
87,625
321,800
87,625
350,500
84,550
297,600
84,550
338,200
94,100
316,100
94,100
376,400
83,175
307,000
83,175
332,700
87,400
352,700
87,400
349,600
93,125
371,300
93,125
372,500
96,275
403,000
96,275
385,100
126,125
420,500
126,125
504,500
626,500
626,500
654,300
654,300
648,000
648,000
648,000648,000654,300654,300626,500626,500504,500126,125420,500126,125385,10096,275403,00096,275372,50093,125371,30093,125349,60087,400352,70087,400332,70083,175307,00083,175376,40094,100316,10094,100338,20084,550297,60084,550350,50087,625321,80087,625330,10082,5251,806,80082,5251,757,200439,300862,400439,300856,400214,100214,100214,100836,200209,050835,600209,050674,200168,550168,550168,550186,400186,400186,400186,400174,850174,850174,850174,850217,375217,375217,375217,375214,150214,150214,150214,150343,125343,125343,125343,125277,950277,950277,950277,950268,825268,825268,825268,825
       Cash And Cash Equivalents 
2,725
2,725
2,725
2,725
21,975
21,975
21,975
21,975
19,025
19,025
19,025
19,025
19,575
19,575
19,575
19,575
20,050
20,050
20,050
20,050
9,425
9,425
9,425
9,425
20,900
20,900
20,900
20,900
30,100
30,100
30,100
120,400
29,675
127,100
29,675
118,700
29,000
29,000
29,000
116,000
15,050
106,100
15,050
60,200
30,975
39,900
30,975
123,900
27,850
100,600
27,850
111,400
23,025
42,400
23,025
92,100
15,200
42,700
15,200
60,800
9,525
29,100
9,525
38,100
11,775
21,100
11,775
47,100
11,425
36,500
11,425
45,700
12,900
76,400
12,900
51,600
10,550
38,300
10,550
42,200
0
73,700
0
58,200
0
58,100
58,100058,200073,700042,20010,55038,30010,55051,60012,90076,40012,90045,70011,42536,50011,42547,10011,77521,10011,77538,1009,52529,1009,52560,80015,20042,70015,20092,10023,02542,40023,025111,40027,850100,60027,850123,90030,97539,90030,97560,20015,050106,10015,050116,00029,00029,00029,000118,70029,675127,10029,675120,40030,10030,10030,10020,90020,90020,90020,9009,4259,4259,4259,42520,05020,05020,05020,05019,57519,57519,57519,57519,02519,02519,02519,02521,97521,97521,97521,9752,7252,7252,7252,725
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,200
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000003,200000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
122,600
122,600
147,300
147,300
157,000
157,000
191,100
191,100
144,400
144,400
165,200
126,900
155,000
155,000
153,500
153,500
143,800
143,800
203,200
203,200
212,400
212,400
263,200
263,200
0
210,500
281,400
281,400
281,400281,400210,5000263,200263,200212,400212,400203,200203,200143,800143,800153,500153,500155,000155,000126,900165,200144,400144,400191,100191,100157,000157,000147,300147,300122,600122,6000000000000000000000000000000000000000000000000000000000000
       Inventory 
127,625
127,625
127,625
127,625
125,250
125,250
125,250
125,250
97,875
97,875
97,875
97,875
100,850
100,850
100,850
100,850
61,600
61,600
61,600
61,600
64,025
64,025
64,025
64,025
77,750
77,750
77,750
77,750
62,775
62,775
62,775
251,100
83,850
321,200
83,850
335,400
84,475
84,475
84,475
337,900
26,150
348,200
26,150
104,600
24,275
103,700
24,275
97,100
32,100
105,500
32,100
128,400
33,250
140,900
33,250
133,000
34,425
141,700
34,425
137,700
32,075
130,600
32,075
128,300
38,175
140,500
38,175
152,700
40,800
169,600
40,800
163,200
41,200
163,100
41,200
164,800
57,500
179,000
57,500
230,000
289,600
289,600
331,200
331,200
308,500
308,500
308,500308,500331,200331,200289,600289,600230,00057,500179,00057,500164,80041,200163,10041,200163,20040,800169,60040,800152,70038,175140,50038,175128,30032,075130,60032,075137,70034,425141,70034,425133,00033,250140,90033,250128,40032,100105,50032,10097,10024,275103,70024,275104,60026,150348,20026,150337,90084,47584,47584,475335,40083,850321,20083,850251,10062,77562,77562,77577,75077,75077,75077,75064,02564,02564,02564,02561,60061,60061,60061,600100,850100,850100,850100,85097,87597,87597,87597,875125,250125,250125,250125,250127,625127,625127,625127,625
       Other Current Assets 
138,475
138,475
138,475
138,475
130,725
130,725
130,725
130,725
226,225
226,225
226,225
226,225
93,725
93,725
93,725
93,725
135,725
135,725
135,725
135,725
101,400
101,400
101,400
101,400
87,750
87,750
87,750
87,750
75,675
75,675
75,675
302,700
95,525
387,300
95,525
382,100
100,625
100,625
100,625
402,500
398,100
408,100
398,100
1,592,400
27,275
1,663,200
27,275
109,100
27,675
115,700
27,675
110,700
28,275
114,300
28,275
113,100
44,475
131,700
44,475
177,900
41,575
147,300
41,575
163,100
37,450
191,100
37,450
149,800
40,900
165,200
40,900
163,600
42,175
163,500
42,175
168,700
58,075
203,200
58,075
232,300
0
263,200
0
0
0
0
0000263,2000232,30058,075203,20058,075168,70042,175163,50042,175163,60040,900165,20040,900149,80037,450191,10037,450163,10041,575147,30041,575177,90044,475131,70044,475113,10028,275114,30028,275110,70027,675115,70027,675109,10027,2751,663,20027,2751,592,400398,100408,100398,100402,500100,625100,625100,625382,10095,525387,30095,525302,70075,67575,67575,67587,75087,75087,75087,750101,400101,400101,400101,400135,725135,725135,725135,72593,72593,72593,72593,725226,225226,225226,225226,225130,725130,725130,725130,725138,475138,475138,475138,475
   > Long-term Assets 
355,750
355,750
355,750
355,750
413,400
413,400
413,400
413,400
325,375
325,375
325,375
325,375
331,700
331,700
331,700
331,700
338,900
338,900
338,900
338,900
337,225
337,225
337,225
337,225
340,225
340,225
340,225
340,225
332,375
332,375
332,375
1,329,500
447,775
1,867,900
447,775
1,791,100
389,725
389,725
389,725
1,558,900
107,025
1,580,700
107,025
428,100
108,875
434,400
108,875
435,500
108,275
439,400
108,275
433,100
117,450
451,400
117,450
469,800
116,650
467,300
116,650
466,600
124,525
499,000
124,525
498,100
154,050
562,200
154,050
616,200
179,650
691,500
179,650
718,600
172,350
694,900
172,350
689,400
209,150
747,100
209,150
836,600
0
969,800
0
1,051,100
0
1,075,200
1,075,20001,051,1000969,8000836,600209,150747,100209,150689,400172,350694,900172,350718,600179,650691,500179,650616,200154,050562,200154,050498,100124,525499,000124,525466,600116,650467,300116,650469,800117,450451,400117,450433,100108,275439,400108,275435,500108,875434,400108,875428,100107,0251,580,700107,0251,558,900389,725389,725389,7251,791,100447,7751,867,900447,7751,329,500332,375332,375332,375340,225340,225340,225340,225337,225337,225337,225337,225338,900338,900338,900338,900331,700331,700331,700331,700325,375325,375325,375325,375413,400413,400413,400413,400355,750355,750355,750355,750
       Property Plant Equipment 
192,000
192,000
192,000
192,000
211,175
211,175
211,175
211,175
148,475
148,475
148,475
148,475
154,725
154,725
154,725
154,725
146,400
146,400
146,400
146,400
129,950
129,950
129,950
129,950
128,350
128,350
128,350
128,350
124,975
124,975
124,975
499,900
143,650
586,400
143,650
574,600
145,750
145,750
145,750
583,000
75,750
590,000
75,750
303,000
77,550
309,600
77,550
310,200
72,175
292,100
72,175
288,700
76,850
297,000
76,850
307,400
74,300
301,200
74,300
297,200
70,000
281,700
70,000
280,000
92,225
347,500
92,225
368,900
108,250
405,700
108,250
433,000
101,625
405,900
101,625
406,500
133,225
433,100
133,225
532,900
642,300
642,300
729,500
729,500
766,600
766,600
766,600766,600729,500729,500642,300642,300532,900133,225433,100133,225406,500101,625405,900101,625433,000108,250405,700108,250368,90092,225347,50092,225280,00070,000281,70070,000297,20074,300301,20074,300307,40076,850297,00076,850288,70072,175292,10072,175310,20077,550309,60077,550303,00075,750590,00075,750583,000145,750145,750145,750574,600143,650586,400143,650499,900124,975124,975124,975128,350128,350128,350128,350129,950129,950129,950129,950146,400146,400146,400146,400154,725154,725154,725154,725148,475148,475148,475148,475211,175211,175211,175211,175192,000192,000192,000192,000
       Goodwill 
0
0
0
0
0
0
0
0
156,975
156,975
156,975
156,975
161,575
161,575
161,575
161,575
168,625
168,625
168,625
168,625
173,475
173,475
173,475
173,475
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,425
0
13,425
53,700
12,975
0
12,975
51,900
14,550
0
14,550
58,200
16,050
0
16,050
64,200
16,550
0
16,550
66,200
14,700
0
14,700
58,800
15,325
0
15,325
61,300
20,100
0
20,100
80,400
17,525
0
17,525
70,100
19,425
0
19,425
77,700
0
0
0
83,500
0
0
0083,50000077,70019,425019,42570,10017,525017,52580,40020,100020,10061,30015,325015,32558,80014,700014,70066,20016,550016,55064,20016,050016,05058,20014,550014,55051,90012,975012,97553,70013,425013,4250000000000000000173,475173,475173,475173,475168,625168,625168,625168,625161,575161,575161,575161,575156,975156,975156,975156,97500000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,000
5,000
12,700
12,700
26,200
26,200
5,600
5,600
19,200
19,200
81,200
81,200
83,800
83,800
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000083,80083,80081,20081,20019,20019,2005,6005,60026,20026,20012,70012,7005,0005,0000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
149,875
149,875
149,875
149,875
184,850
184,850
184,850
184,850
0
0
0
0
650
650
650
650
6,950
6,950
6,950
6,950
19,425
19,425
19,425
19,425
193,425
193,425
193,425
193,425
191,475
191,475
191,475
765,900
286,700
1,212,800
286,700
1,146,800
228,100
228,100
228,100
912,400
9,925
928,400
9,925
39,700
11,400
0
11,400
45,600
16,175
0
16,175
64,700
18,600
0
18,600
74,400
18,000
0
18,000
72,000
17,875
132,200
17,875
71,500
19,475
134,100
19,475
77,900
23,125
174,500
23,125
92,500
23,900
0
23,900
95,600
20,050
0
20,050
80,200
0
0
0
80,100
0
0
0080,10000080,20020,050020,05095,60023,900023,90092,50023,125174,50023,12577,90019,475134,10019,47571,50017,875132,20017,87572,00018,000018,00074,40018,600018,60064,70016,175016,17545,60011,400011,40039,7009,925928,4009,925912,400228,100228,100228,1001,146,800286,7001,212,800286,700765,900191,475191,475191,475193,425193,425193,425193,42519,42519,42519,42519,4256,9506,9506,9506,9506506506506500000184,850184,850184,850184,850149,875149,875149,875149,875
       Long-term Assets Other 
13,875
13,875
13,875
13,875
17,375
17,375
17,375
17,375
4,400
4,400
4,400
4,400
2,350
2,350
2,350
2,350
2,600
2,600
2,600
2,600
3,475
3,475
3,475
3,475
2,575
2,575
2,575
2,575
2,675
2,675
2,675
10,700
2,625
10,800
2,625
10,500
4,750
4,750
4,750
19,000
2,675
17,400
2,675
17,100
1,225
10,200
1,225
11,800
825
13,600
825
9,900
375
9,800
375
7,900
200
7,300
200
5,800
9,725
60,600
9,725
42,100
16,700
58,800
16,700
85,500
21,350
95,400
21,350
102,000
22,200
110,800
22,200
104,100
23,825
123,800
23,825
118,500
0
130,500
0
127,400
0
0
00127,4000130,5000118,50023,825123,80023,825104,10022,200110,80022,200102,00021,35095,40021,35085,50016,70058,80016,70042,1009,72560,6009,7255,8002007,3002007,9003759,8003759,90082513,60082511,8001,22510,2001,22517,1002,67517,4002,67519,0004,7504,7504,75010,5002,62510,8002,62510,7002,6752,6752,6752,5752,5752,5752,5753,4753,4753,4753,4752,6002,6002,6002,6002,3502,3502,3502,3504,4004,4004,4004,40017,37517,37517,37517,37513,87513,87513,87513,875
> Total Liabilities 
439,800
439,800
439,800
439,800
496,825
496,825
496,825
496,825
466,875
466,875
466,875
466,875
309,250
309,250
309,250
309,250
345,050
345,050
345,050
345,050
272,650
272,650
272,650
272,650
291,225
291,225
291,225
291,225
251,475
251,475
251,475
1,005,900
377,525
1,605,500
377,525
1,510,100
366,750
366,750
366,750
1,467,000
331,650
1,467,200
331,650
1,326,600
65,100
1,498,300
65,100
260,400
68,725
255,000
68,725
274,900
80,050
285,100
80,050
320,200
86,125
302,100
86,125
344,500
85,375
351,300
85,375
341,500
111,400
427,000
111,400
445,600
140,500
536,300
140,500
562,000
139,625
610,100
139,625
558,500
196,750
606,200
196,750
787,000
0
999,500
0
1,079,700
0
1,102,300
1,102,30001,079,7000999,5000787,000196,750606,200196,750558,500139,625610,100139,625562,000140,500536,300140,500445,600111,400427,000111,400341,50085,375351,30085,375344,50086,125302,10086,125320,20080,050285,10080,050274,90068,725255,00068,725260,40065,1001,498,30065,1001,326,600331,6501,467,200331,6501,467,000366,750366,750366,7501,510,100377,5251,605,500377,5251,005,900251,475251,475251,475291,225291,225291,225291,225272,650272,650272,650272,650345,050345,050345,050345,050309,250309,250309,250309,250466,875466,875466,875466,875496,825496,825496,825496,825439,800439,800439,800439,800
   > Total Current Liabilities 
25,300
25,300
25,300
25,300
97,500
97,500
97,500
97,500
261,775
261,775
261,775
261,775
130,075
130,075
130,075
130,075
136,275
136,275
136,275
136,275
106,025
106,025
106,025
106,025
96,600
96,600
96,600
96,600
97,550
97,550
97,550
390,200
121,775
445,100
121,775
487,100
126,675
126,675
126,675
506,700
172,475
512,100
172,475
689,900
35,975
1,192,300
35,975
143,900
54,525
132,800
54,525
218,100
35,225
226,700
35,225
140,900
44,150
127,300
44,150
176,600
49,975
192,000
49,975
199,900
65,000
250,400
65,000
260,000
86,925
324,300
86,925
347,700
58,475
400,200
58,475
233,900
80,250
273,100
80,250
321,000
503,100
503,100
592,700
592,700
627,300
627,300
627,300627,300592,700592,700503,100503,100321,00080,250273,10080,250233,90058,475400,20058,475347,70086,925324,30086,925260,00065,000250,40065,000199,90049,975192,00049,975176,60044,150127,30044,150140,90035,225226,70035,225218,10054,525132,80054,525143,90035,9751,192,30035,975689,900172,475512,100172,475506,700126,675126,675126,675487,100121,775445,100121,775390,20097,55097,55097,55096,60096,60096,60096,600106,025106,025106,025106,025136,275136,275136,275136,275130,075130,075130,075130,075261,775261,775261,775261,77597,50097,50097,50097,50025,30025,30025,30025,300
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
129,500
0
146,700
0
158,000
0
0
0
149,300
0
149,900
0
2,400
0
455,300
0
100
0
59,800
0
70,000
0
76,000
0
59,100
0
49,500
158,800
25,700
186,600
63,700
183,800
66,800
268,500
114,800
9,200
116,300
177,600
185,800
169,800
180,100
0
230,400
0
51,400
0
89,400
0
84,600
0
240,000
0
322,000
0
0
00322,0000240,000084,600089,400051,4000230,4000180,100169,800185,800177,600116,3009,200114,800268,50066,800183,80063,700186,60025,700158,80049,500059,100076,000070,000059,80001000455,30002,4000149,9000149,300000158,0000146,7000129,5000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
158,800
158,800
186,600
186,600
183,800
183,800
268,500
268,500
9,200
9,200
177,600
177,600
169,800
169,800
0
220,100
0
42,400
0
80,600
0
74,700
0
228,800
0
309,700
0
386,900
386,9000309,7000228,800074,700080,600042,4000220,1000169,800169,800177,600177,6009,2009,200268,500268,500183,800183,800186,600186,600158,800158,8000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
69,925
69,925
69,925
69,925
59,675
59,675
59,675
59,675
48,050
48,050
48,050
48,050
56,900
56,900
56,900
56,900
59,225
59,225
59,225
59,225
55,925
55,925
55,925
223,700
74,175
260,200
74,175
296,700
77,975
77,975
77,975
311,900
15,100
315,800
15,100
60,400
14,425
61,500
14,425
57,700
14,250
58,500
14,250
57,000
17,425
60,000
17,425
69,700
19,050
71,100
19,050
76,200
19,150
60,000
19,150
76,600
21,950
71,100
21,950
87,800
23,575
86,800
23,575
94,300
24,850
70,400
24,850
99,400
32,000
86,200
32,000
128,000
145,200
145,200
148,300
148,300
129,400
129,400
129,400129,400148,300148,300145,200145,200128,00032,00086,20032,00099,40024,85070,40024,85094,30023,57586,80023,57587,80021,95071,10021,95076,60019,15060,00019,15076,20019,05071,10019,05069,70017,42560,00017,42557,00014,25058,50014,25057,70014,42561,50014,42560,40015,100315,80015,100311,90077,97577,97577,975296,70074,175260,20074,175223,70055,92555,92555,92559,22559,22559,22559,22556,90056,90056,90056,90048,05048,05048,05048,05059,67559,67559,67559,67569,92569,92569,92569,92500000000
       Other Current Liabilities 
25,300
25,300
25,300
25,300
97,500
97,500
97,500
97,500
191,850
191,850
191,850
191,850
70,400
70,400
70,400
70,400
88,225
88,225
88,225
88,225
49,125
49,125
49,125
49,125
37,375
37,375
37,375
37,375
41,625
41,625
41,625
37,000
47,600
38,200
47,600
32,400
48,700
48,700
48,700
45,500
157,375
46,400
157,375
627,100
21,550
675,500
21,550
86,100
40,275
14,500
40,275
91,100
17,800
90,700
17,800
12,100
25,100
6,700
25,100
74,700
30,825
68,300
30,825
56,500
43,050
64,500
43,050
55,900
63,350
51,700
63,350
73,300
33,625
99,400
33,625
83,100
48,250
97,500
48,250
108,400
117,900
117,900
0
122,400
98,100
98,100
98,10098,100122,4000117,900117,900108,40048,25097,50048,25083,10033,62599,40033,62573,30063,35051,70063,35055,90043,05064,50043,05056,50030,82568,30030,82574,70025,1006,70025,10012,10017,80090,70017,80091,10040,27514,50040,27586,10021,550675,50021,550627,100157,37546,400157,37545,50048,70048,70048,70032,40047,60038,20047,60037,00041,62541,62541,62537,37537,37537,37537,37549,12549,12549,12549,12588,22588,22588,22588,22570,40070,40070,40070,400191,850191,850191,850191,85097,50097,50097,50097,50025,30025,30025,30025,300
   > Long-term Liabilities 
414,500
414,500
414,500
414,500
399,325
399,325
399,325
399,325
205,100
205,100
205,100
205,100
179,175
179,175
179,175
179,175
208,775
208,775
208,775
208,775
166,625
166,625
166,625
166,625
194,625
194,625
194,625
194,625
153,925
153,925
153,925
615,700
255,750
1,160,400
255,750
1,023,000
240,075
240,075
240,075
960,300
159,175
955,100
159,175
636,700
29,125
306,000
29,125
116,500
14,200
122,200
14,200
56,800
44,825
58,400
44,825
179,300
41,975
174,800
41,975
167,900
35,400
159,300
35,400
141,600
46,400
176,600
46,400
185,600
53,575
212,000
53,575
214,300
81,150
209,900
81,150
324,600
116,500
333,100
116,500
466,000
0
496,400
0
487,000
0
475,000
475,0000487,0000496,4000466,000116,500333,100116,500324,60081,150209,90081,150214,30053,575212,00053,575185,60046,400176,60046,400141,60035,400159,30035,400167,90041,975174,80041,975179,30044,82558,40044,82556,80014,200122,20014,200116,50029,125306,00029,125636,700159,175955,100159,175960,300240,075240,075240,0751,023,000255,7501,160,400255,750615,700153,925153,925153,925194,625194,625194,625194,625166,625166,625166,625166,625208,775208,775208,775208,775179,175179,175179,175179,175205,100205,100205,100205,100399,325399,325399,325399,325414,500414,500414,500414,500
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
34,800
34,800
36,400
36,400
24,600
24,600
22,900
22,900
51,600
51,600
65,100
65,100
45,400
45,400
47,600
47,600
40,200
40,200
41,800
41,800
47,400
47,400
52,700
52,700
49,800
49,800
50,300
50,300
50,30050,30049,80049,80052,70052,70047,40047,40041,80041,80040,20040,20047,60047,60045,40045,40065,10065,10051,60051,60022,90022,90024,60024,60036,40036,40034,80034,8000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,900
30,900
0
0
31,400
31,400
0
0
31,600
31,600
0
0
31,500
31,500
0
0
31,400
31,400
0
0
30,700
30,700
0
0
0
0
0
0
00000030,70030,7000031,40031,4000031,50031,5000031,60031,6000031,40031,4000030,90030,9000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
184,775
184,775
184,775
184,775
194,525
194,525
194,525
194,525
201,625
201,625
201,625
201,625
236,600
236,600
236,600
236,600
211,225
211,225
211,225
211,225
239,425
239,425
239,425
239,425
235,400
235,400
235,400
235,400
249,450
249,450
249,450
997,800
279,300
1,098,000
279,300
1,117,200
237,075
237,075
237,075
948,300
214,675
975,900
214,675
858,700
126,300
742,900
126,300
505,200
127,175
506,200
127,175
508,700
121,950
463,900
121,950
487,800
124,625
481,300
124,625
498,500
122,325
454,700
122,325
489,300
130,050
487,900
130,050
520,200
132,275
526,500
132,275
529,100
129,000
487,800
129,000
516,000
138,525
561,400
138,525
554,100
0
596,800
0
625,700
0
620,900
620,9000625,7000596,8000554,100138,525561,400138,525516,000129,000487,800129,000529,100132,275526,500132,275520,200130,050487,900130,050489,300122,325454,700122,325498,500124,625481,300124,625487,800121,950463,900121,950508,700127,175506,200127,175505,200126,300742,900126,300858,700214,675975,900214,675948,300237,075237,075237,0751,117,200279,3001,098,000279,300997,800249,450249,450249,450235,400235,400235,400235,400239,425239,425239,425239,425211,225211,225211,225211,225236,600236,600236,600236,600201,625201,625201,625201,625194,525194,525194,525194,525184,775184,775184,775184,775
   Common Stock
0
0
0
0
0
0
0
0
5,325
5,325
5,325
5,325
4,900
4,900
4,900
4,900
4,550
4,550
4,550
4,550
4,325
4,325
4,325
4,325
0
0
0
0
0
0
0
0
4,300
0
4,300
17,200
0
0
0
0
4,550
0
4,550
18,200
4,675
0
4,675
18,700
4,025
16,100
4,025
16,100
3,900
16,200
3,900
15,600
3,750
15,600
3,750
15,000
3,700
15,000
3,700
14,800
3,700
14,800
3,700
14,800
3,700
14,800
3,700
14,800
3,700
14,800
3,700
14,800
3,700
14,800
3,700
14,800
14,800
14,800
14,800
14,800
14,800
14,800
14,80014,80014,80014,80014,80014,80014,8003,70014,8003,70014,8003,70014,8003,70014,8003,70014,8003,70014,8003,70014,8003,70014,8003,70015,0003,70015,0003,75015,6003,75015,6003,90016,2003,90016,1004,02516,1004,02518,7004,67504,67518,2004,55004,550000017,2004,30004,300000000004,3254,3254,3254,3254,5504,5504,5504,5504,9004,9004,9004,9005,3255,3255,3255,32500000000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 0000000-165,4750-165,4750-155,2250-155,2250-164,3250-164,3250-139,5500-139,5500-136,2750-136,2750-141,3500-141,3500-137,0250-137,0250-130,6250-130,6250-108,7000-108,7000-112,3500-112,3500-210,550-210,550-210,5500-196,6750-196,6750-177,875-177,875-177,8750000000000000000000000000000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
25,850
25,850
25,850
25,850
1,850
1,850
1,850
1,850
3,575
3,575
3,575
3,575
19,325
19,325
19,325
19,325
0
0
0
0
188,400
188,400
188,400
42,100
222,150
1,098,000
222,150
101,900
447,625
447,625
447,625
948,300
143,200
975,900
143,200
123,400
130,300
742,900
130,300
86,400
161,075
100,200
161,075
121,800
168,700
134,600
168,700
126,700
176,950
134,400
176,950
142,400
166,150
122,100
166,150
119,500
171,100
117,000
171,100
126,200
201,150
137,900
201,150
147,300
179,625
110,300
179,625
97,600
192,750
111,900
192,750
109,100
77,800
133,000
0
117,100
58,400
58,400
58,40058,400117,1000133,00077,800109,100192,750111,900192,75097,600179,625110,300179,625147,300201,150137,900201,150126,200171,100117,000171,100119,500166,150122,100166,150142,400176,950134,400176,950126,700168,700134,600168,700121,800161,075100,200161,07586,400130,300742,900130,300123,400143,200975,900143,200948,300447,625447,625447,625101,900222,1501,098,000222,15042,100188,400188,400188,400000019,32519,32519,32519,3253,5753,5753,5753,5751,8501,8501,8501,85025,85025,85025,85025,85000000000



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, 2022-12-31)

Gross Profit (+$)
totalRevenue1,457,900
Cost of Revenue-1,133,600
Gross Profit324,300324,300
 
Operating Income (+$)
Gross Profit324,300
Operating Expense-220,700
Operating Income110,800103,600
 
Operating Expense (+$)
Research Development47,200
Selling General Administrative92,400
Selling And Marketing Expenses81,100
Operating Expense220,700220,700
 
Net Interest Income (+$)
Interest Income3,400
Interest Expense-17,000
Other Finance Cost-800
Net Interest Income-14,400
 
Pretax Income (+$)
Operating Income110,800
Net Interest Income-14,400
Other Non-Operating Income Expenses0
Income Before Tax (EBT)116,400105,200
EBIT - interestExpense = 93,800
116,400
107,000
Interest Expense17,000
Earnings Before Interest and Taxes (EBIT)110,800133,400
Earnings Before Interest and Taxes (EBITDA)200,300
 
After tax Income (+$)
Income Before Tax116,400
Tax Provision-26,400
Net Income From Continuing Ops90,00090,000
Net Income90,000
Net Income Applicable To Common Shares90,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,354,300
Total Other Income/Expenses Net5,60014,400
 

Technical Analysis of Corbion
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Corbion. The general trend of Corbion is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Corbion's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Corbion NV.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 20.08 < 20.34 < 20.76.

The bearish price targets are: 19.21 > 18.94 > 17.39.

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Corbion NV Daily Support & Resistance Chart

2. Trend Indicators

2.1 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.

Score

Let's take a look at the Moving Averages of Corbion NV. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

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 Chart
2.2 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.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Corbion NV. The current macd is 0.28948958.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Corbion price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Corbion. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Corbion price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Corbion NV Daily Moving Average Convergence/Divergence (MACD) ChartCorbion NV Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 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.


Score

Let's take a look at the Directional Movement Index (DMI) of Corbion NV. The current adx is 23.89.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Corbion shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Corbion NV Daily Directional Movement Index (DMI) Chart
2.4 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..

Score

Let's take a look at the Parabolic SAR of Corbion NV. The current sar is 20.16.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Corbion NV Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 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

Score

Let's take a look at the Relative Strength Index (RSI) of Corbion NV. The current rsi is 57.12. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Corbion NV Daily Relative Strength Index (RSI) ChartCorbion NV Daily Relative Strength Index (RSI) Chart
3.2 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

Score

Let's take a look at the Stochastic Oscillator of Corbion NV. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Corbion price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Corbion NV Daily Stochastic Oscillator ChartCorbion NV Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Corbion NV. The current cci is 42.04.

Corbion NV Daily Commodity Channel Index (CCI) ChartCorbion NV Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Corbion NV. The current cmo is 15.66.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Corbion NV Daily Chande Momentum Oscillator (CMO) ChartCorbion NV Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Corbion NV. The current willr is -28.90625.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Corbion is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Corbion NV Daily Williams %R ChartCorbion NV Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Corbion NV.

Corbion NV Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Corbion NV. The current atr is 0.55546926.

Corbion NV Daily Average True Range (ATR) ChartCorbion NV Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Corbion NV. The current obv is -3,080,708.

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

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Corbion NV. The current mfi is 42.62.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Corbion NV Daily Money Flow Index (MFI) ChartCorbion NV Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Corbion NV.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-22RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Corbion NV Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.123
Ma 20Greater thanMa 5019.702
Ma 50Greater thanMa 10018.739
Ma 100Greater thanMa 20018.348
OpenGreater thanClose19.900
Total4/5 (80.0%)
Penke

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