| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
SY1 Stock Overview
Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients.
Symrise Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €106.20 |
| 52 Week High | €132.65 |
| 52 Week Low | €94.10 |
| Beta | 0.51 |
| 1 Month Change | 4.43% |
| 3 Month Change | -0.79% |
| 1 Year Change | -9.42% |
| 3 Year Change | 25.47% |
| 5 Year Change | 71.24% |
| Change since IPO | 474.05% |
Recent News & Updates
We Think Symrise (ETR:SY1) Can Manage Its Debt With Ease
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Symrise's (ETR:SY1) Returns Have Hit A Wall
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Symrise (ETR:SY1) Is Increasing Its Dividend To €1.02
The board of Symrise AG ( ETR:SY1 ) has announced that it will be increasing its dividend on the 6th of May to €1.02...
Symrise (ETR:SY1) Is Increasing Its Dividend To €1.02
Symrise AG's ( ETR:SY1 ) dividend will be increasing to €1.02 on 6th of May. Despite this raise, the dividend yield of...
Shareholder Returns
| SY1 | DE Chemicals | DE Market | |
|---|---|---|---|
| 7D | 9.2% | -3.5% | -0.1% |
| 1Y | -9.4% | -26.2% | -22.0% |
Return vs Industry: SY1 exceeded the German Chemicals industry which returned -26.2% over the past year.
Return vs Market: SY1 exceeded the German Market which returned -22% over the past year.
Price Volatility
| SY1 volatility | |
|---|---|
| SY1 Average Weekly Movement | 4.4% |
| Chemicals Industry Average Movement | 5.8% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in DE Market | 10.0% |
| 10% least volatile stocks in DE Market | 2.8% |
Stable Share Price: SY1 is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SY1's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1874 | 11,276 | Heinz-Jurgen Bertram | https://www.symrise.com |
Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients. It operates through two segments, Taste, Nutrition & Health, and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and flavor solutions used in the production of food and beverages; savory flavors; natural and sustainable ingredients for food and beverage manufacturers, baby food, and dietary supplements; product solutions and services for pet food manufacturers; sustainable ingredients and services for aqua feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.
Symrise Fundamentals Summary
| SY1 fundamental statistics | |
|---|---|
| Market Cap | €14.84b |
| Earnings (TTM) | €374.92m |
| Revenue (TTM) | €3.83b |
39.6x
P/E Ratio3.9x
P/S RatioIs SY1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SY1 income statement (TTM) | |
|---|---|
| Revenue | €3.83b |
| Cost of Revenue | €2.35b |
| Gross Profit | €1.48b |
| Other Expenses | €1.10b |
| Earnings | €374.92m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 02, 2022
| Earnings per share (EPS) | 2.68 |
| Gross Margin | 38.66% |
| Net Profit Margin | 9.80% |
| Debt/Equity Ratio | 52.1% |
How did SY1 perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield37%
Payout RatioValuation
Is SY1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SY1?
Other financial metrics that can be useful for relative valuation.
| What is SY1's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | €14.84b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4.2x |
| Enterprise Value/EBITDA | 20x |
| PEG Ratio | 4.4x |
Price to Earnings Ratio vs Peers
How does SY1's PE Ratio compare to its peers?
| SY1 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 7.7x |
Price-To-Earnings vs Peers: SY1 is expensive based on its Price-To-Earnings Ratio (39.6x) compared to the peer average (7.7x).
Price to Earnings Ratio vs Industry
How does SY1's PE Ratio compare vs other companies in the Chemicals Industry?
Price-To-Earnings vs Industry: SY1 is expensive based on its Price-To-Earnings Ratio (39.6x) compared to the German Chemicals industry average (8.7x)
Price to Earnings Ratio vs Fair Ratio
What is SY1's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 39.6x |
| Fair PE Ratio | 20x |
Price-To-Earnings vs Fair Ratio: SY1 is expensive based on its Price-To-Earnings Ratio (39.6x) compared to the estimated Fair Price-To-Earnings Ratio (20x).
Share Price vs Fair Value
What is the Fair Price of SY1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SY1 (€106.2) is trading above our estimate of fair value (€89.11)
Significantly Below Fair Value: SY1 is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: SY1 is poor value based on its PEG Ratio (4.4x)
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Future Growth
How is Symrise forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
9.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SY1's forecast earnings growth (9% per year) is above the savings rate (-0.05%).
Earnings vs Market: SY1's earnings (9% per year) are forecast to grow faster than the German market (8.3% per year).
High Growth Earnings: SY1's earnings are forecast to grow, but not significantly.
Revenue vs Market: SY1's revenue (7.4% per year) is forecast to grow faster than the German market (4.8% per year).
High Growth Revenue: SY1's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SY1's Return on Equity is forecast to be low in 3 years time (13.6%).
Discover growth companies
Past Performance
How has Symrise performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
6.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SY1 has high quality earnings.
Growing Profit Margin: SY1's current net profit margins (9.8%) are higher than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: SY1's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: SY1's earnings growth over the past year (22.2%) exceeds its 5-year average (6.7% per year).
Earnings vs Industry: SY1 earnings growth over the past year (22.2%) underperformed the Chemicals industry 40.7%.
Return on Equity
High ROE: SY1's Return on Equity (11.8%) is considered low.
Discover strong past performing companies
Financial Health
How is Symrise's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SY1's short term assets (€2.3B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: SY1's short term assets (€2.3B) exceed its long term liabilities (€2.2B).
Debt to Equity History and Analysis
Debt Level: SY1's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: SY1's debt to equity ratio has reduced from 101.2% to 52.1% over the past 5 years.
Debt Coverage: SY1's debt is well covered by operating cash flow (30.8%).
Interest Coverage: SY1's interest payments on its debt are well covered by EBIT (15.9x coverage).
Balance Sheet
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Dividend
What is Symrise current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.96%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SY1's dividend (0.96%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.47%).
High Dividend: SY1's dividend (0.96%) is low compared to the top 25% of dividend payers in the German market (4.53%).
Stability and Growth of Payments
Stable Dividend: SY1's dividends per share have been stable in the past 10 years.
Growing Dividend: SY1's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.2%), SY1's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41%), SY1's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Heinz-Jurgen Bertram (63 yo)
15.58yrs
Tenure
€2,461,899
Compensation
Dr. Heinz-Jurgen Bertram, Ph D., has been Chairman of the Executive Board, Chief Executive Officer and Labour Director at Symrise AG since July 2009 and its has been Member of Executive Board since Novembe...
CEO Compensation Analysis
Compensation vs Market: Heinz-Jurgen's total compensation ($USD2.60M) is below average for companies of similar size in the German market ($USD5.63M).
Compensation vs Earnings: Heinz-Jurgen's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SY1's management team is seasoned and experienced (6.3 years average tenure).
Board Members
Experienced Board: SY1's board of directors are considered experienced (6.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.
Top Shareholders
Company Information
Symrise AG's employee growth, exchange listings and data sources
Key Information
- Name: Symrise AG
- Ticker: SY1
- Exchange: XTRA
- Founded: 1874
- Industry: Specialty Chemicals
- Sector: Materials
- Implied Market Cap: €14.844b
- Shares outstanding: 139.77m
- Website: https://www.symrise.com
Number of Employees
Location
- Symrise AG
- MUehlenfeldstrasse 1
- Konzernkommunikation
- Holzminden
- Lower Saxony
- 37603
- Germany
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/25 00:00 |
| End of Day Share Price | 2022/06/24 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.