Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Symrise AG is a leading German chemicals company specializing in the development, production, and sale of flavours, fragrances, cosmetic active ingredients, raw materials, and functional ingredients. These products enhance sensory properties, nutrition, and health in end-user goods like perfumes, cosmetics, foods, beverages, pet food, baby food, nutritional supplements, and cleaning products, serving over 6,000 customers in more than 150 countries. With approximately 35,000 products derived mainly from natural raw materials such as vanilla, citrus fruits, flowers, and plants, Symrise AG holds a significant 10-12% global market share in the flavours and fragrances sector, ranking among top players. Organized into Taste, Nutrition & Health and Scent & Care segments, the company operates over 100 sites worldwide, employing more than 12,000 people, with its corporate center in Holzminden, Germany. Founded through a 2003 merger tracing back to 1874 innovations like the first industrial vanillin synthesis, Symrise AG drives growth via organic expansion, R&D investments exceeding €221 million annually, strategic acquisitions, and sustainability-focused solutions aligned with circular economy principles, stabilizing performance across diverse industries.
12.54% operating margin is respectable but not wide. ROIC at 6.08%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 1.4% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 14% versus the prior year, cash generation momentum has weakened. ROIC dropped from 8.30% to 6.08%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€4.93B
▼ -1.4% YoY
Net Income (TTM)
€254M
▼ -47.4% YoY
Op. Margin
12.54%
▼ -1.7pp YoY
ROIC
6.08%
▼ -2.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€561M
▼ -14.0% YoY
Op. Cash Flow (TTM)
€758M
▼ -13.8% YoY
Net Debt
€1.62B
Cash & Equiv.
€1.01B
3Y CAGR: +2.2%
3Y CAGR: +72.2%
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