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DSM-Firmenich AG
AEX:DSFIR

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DSM-Firmenich AG
AEX:DSFIR
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Price: 63.88 EUR -0.81% Market Closed
Market Cap: €16.2B

EV/FCFF

29.4
Current
6%
Cheaper
vs 3-y average of 31.3

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
29.4
=
Enterprise Value
€19.1B
/
Free Cash Flow to Firm
€670m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
29.4
=
Enterprise Value
€19.1B
/
Free Cash Flow to Firm
€670m

Valuation Scenarios

DSM-Firmenich AG is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (31.3), the stock would be worth €68.01 (6% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-33%
Maximum Upside
+6%
Average Downside
12%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 29.4 €63.88
0%
3-Year Average 31.3 €68.01
+6%
5-Year Average 31.3 €68.01
+6%
Industry Average 19.7 €42.75
-33%
Country Average 21.3 €46.32
-27%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
CH
DSM-Firmenich AG
AEX:DSFIR
16.1B EUR 29.4 -14.9
US
Sherwin-Williams Co
NYSE:SHW
83.3B USD 35.3 32.4
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
13T JPY 31.1 26.8
US
Ecolab Inc
NYSE:ECL
75.5B USD 43.3 36.4
JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY 14.2 10.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
280.3B CNY 27.3 21.2
CH
Givaudan SA
SIX:GIVN
26B CHF 24.5 24.4
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 80.6 54.8
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.4T INR 53.2 61.8
US
PPG Industries Inc
NYSE:PPG
24.6B USD 24.9 15.6
CH
Sika AG
F:SIKA
19.9B EUR 16.2 17.5
P/E Multiple
Earnings Growth PEG
CH
D
DSM-Firmenich AG
AEX:DSFIR
Average P/E: 30.1
Negative Multiple: -14.9
N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
32.4
14%
2.3
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
26.8
7%
3.8
US
Ecolab Inc
NYSE:ECL
36.4
14%
2.6
JP
Y
Yasuhara Chemical Co Ltd
TSE:4957
10.5
N/A N/A
CN
Wanhua Chemical Group Co Ltd
SSE:600309
21.2
10%
2.1
CH
Givaudan SA
SIX:GIVN
24.4
6%
4.1
DK
Novozymes A/S
CSE:NZYM B
54.8
N/A N/A
IN
Asian Paints Ltd
NSE:ASIANPAINT
61.8
15%
4.1
US
PPG Industries Inc
NYSE:PPG
15.6
10%
1.6
CH
Sika AG
F:SIKA
17.5
8%
2.2

Market Distribution

In line with most companies in Switzerland
Percentile
65th
Based on 857 companies
65th percentile
29.4
Low
0 — 16.2
Typical Range
16.2 — 34.3
High
34.3 —
Distribution Statistics
Switzerland
Min 0
30th Percentile 16.2
Median 21.3
70th Percentile 34.3
Max 776.6

DSM-Firmenich AG
Glance View

DSM-Firmenich AG is the culmination of a merger between two titans in their respective fields: DSM, a Dutch multinational known for its prowess in health, nutrition, and sustainable living, and Firmenich, a Swiss firm renowned for its legacy in fragrances and flavors. This strategic union blends DSM's strengths in innovative biotechnology and sustainability with Firmenich's expertise in creating unique sensory experiences. As a combined entity, DSM-Firmenich AG operates on the cutting edge of scientific innovation, catering to a diverse array of industries including food and beverages, personal care, and health products. The synergy of DSM's leadership in sustainable solutions with Firmenich's artistry in scent and flavor not only results in high-quality consumer products but also pushes the envelope in terms of environmental responsibility and human health. The company's business model thrives on innovation and a deep understanding of consumer needs. It leverages its extensive research and development capabilities to produce solutions that enhance the taste, texture, and nutritional value of food, alongside creating signature scents for personal and home care products. By consistently investing in technology and sustainable practices, DSM-Firmenich generates revenue through a broad portfolio of offerings that cater to global clients ranging from multinational corporations to niche brands. Their growth is anchored in delivering products that resonate with consumers' increasing demands for sustainability and authenticity, ensuring that every product not only meets the highest standards of quality but also aligns with the values of a rapidly changing world.

DSFIR Intrinsic Value
72.54 EUR
Undervaluation 12%
Intrinsic Value
Price €63.88
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