DSM-Firmenich is one of the largest consumer chemical companies in the world. A majority of revenue is derived from segments that benefit from leading market positions across increasingly consolidated industries, such as flavor and fragrance, and the broader food ingredients market. This has earned the company a wide moat, stemming from intangible assets and switching costs.
The combination of DSM and Firmenich provides a compelling proposition for large multinational customers, with the company able to provide a wide range of specialized ingredients and solutions across nutrition as well as flavor and fragrance.
The limited overlap between DSM's and Firmenich's businesses will make it difficult for management to achieve all the planned revenue synergies.
|
Metric
|
DSFIR
|
IFF
|
SY1
|
|---|---|---|---|
Price/Earnings (Normalized) | 64.68 | 36.20 | 39.17 |
Price/Book Value | 1.22 | 1.47 | 3.84 |
Price/Sales | 2.31 | 1.87 | 2.95 |
Price/Cash Flow | 23.54 | 22.54 | 21.00 |
|
Metric
|
DSFIR
|
IFF
|
SY1
|
|---|---|---|---|
Quick Ratio | 1.20 | 0.74 | 1.54 |
Current Ratio | 1.96 | 1.67 | 2.89 |
Interest Coverage | −3.42 | −5.63 | 5.75 |
|
Metric
|
DSFIR
|
IFF
|
SY1
|
|---|---|---|---|
Return on Assets (Normalized) | 1.31% | 0.70% | 4.34% |
Return on Equity (Normalized) | 2.01% | 1.40% | 9.53% |
Return on Invested Capital (Normalized) | 1.93% | 1.90% | 6.39% |
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Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
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KMB
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CHD
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COTY
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