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International Flavors & Fragrances Inc

Basic Materials US IFF

103.59USD
0.15(0.14%)

Last update at 2024-09-13T20:10:00Z

Day Range

103.24104.38
LowHigh

52 Week Range

61.39114.63
LowHigh

Fundamentals

  • Previous Close 103.44
  • Market Cap20320.21M
  • Volume844028
  • P/E Ratio1326.67
  • Dividend Yield4.05%
  • EBITDA1747.00M
  • Revenue TTM11620.00M
  • Revenue Per Share TTM45.57
  • Gross Profit TTM 4151.00M
  • Diluted EPS TTM0.06

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -1625.00000M 354.00M 441.37M 557.45M 447.76M
Minority interest -7.00000M -9.00000M 4.14M 4.39M 2.48M
Net income -1836.00000M 270.00M 363.23M 455.87M 337.30M
Selling general administrative 1768.00M 1749.00M 966.13M 876.12M 707.46M
Selling and marketing expenses - - - - -
Gross profit 4151.00M 3735.00M 2085.87M 2112.75M 1682.71M
Reconciled depreciation 1179.00M 1156.00M 325.36M 323.33M 173.79M
Ebit 1090.00M 585.00M 566.48M 665.27M 623.03M
Ebitda 2269.00M 1839.00M 919.61M 1051.13M 796.82M
Depreciation and amortization 1179.00M 1254.00M 353.13M 385.87M 173.79M
Non operating income net other - 58.00M 6.69M 30.40M -3.56700M
Operating income 1090.00M 585.00M 566.48M 665.27M 583.88M
Other operating expenses 11387.00M 11031.00M 4496.68M 4442.68M 3389.76M
Interest expense 336.00M 289.00M 131.80M 138.22M 132.56M
Tax provision 211.00M 75.00M 74.00M 97.18M 107.98M
Interest income 336.00M 289.00M 131.80M 137.66M 118.41M
Net interest income -336.00000M -289.00000M -131.80200M -138.22100M -132.55800M
Extraordinary items - - - 0.00000M -32.80000M
Non recurring - -1.00000M 3.78M 2.37M -1.17700M
Other items - - - - -
Income tax expense 211.00M 75.00M 74.00M 97.18M 107.98M
Total revenue 12440.00M 11656.00M 5084.24M 5140.08M 3977.54M
Total operating expenses 3098.00M 3110.00M 1498.30M 1415.35M 1094.92M
Cost of revenue 8289.00M 7921.00M 2998.37M 3027.34M 2294.83M
Total other income expense net -2715.00000M -231.00000M -125.11300M -107.81800M -7.46900M
Discontinued operations - - - - -
Net income from continuing ops -1836.00000M 279.00M 307.53M 424.33M 359.54M
Net income applicable to common shares -1868.00000M 270.00M 363.23M 455.87M 337.30M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 35390.00M 39678.00M 13555.67M 13287.41M 12889.40M
Intangible assets 9082.00M 10506.00M 2727.18M 2851.93M 3039.32M
Earning assets - - - - -
Other current assets 1970.00M 1850.00M 341.76M 60.76M 277.04M
Total liab 17597.00M 18455.00M 7135.08M 6958.82M 6764.22M
Total stockholder equity 17734.00M 21118.00M 6323.03M 6217.30M 6043.37M
Deferred long term liab - 2518.00M 593.37M 641.46M 687.25M
Other current liab -542.00000M 3001.00M 1269.57M 254.32M 608.29M
Common stock 35.00M 35.00M 16.07M 16.07M 16.07M
Capital stock 35.00M 35.00M 16.07M 16.07M 16.07M
Retained earnings 955.00M 3641.00M 4156.17M 4117.80M 3956.22M
Other liab 2956.00M 4054.00M 1452.00M 1153.30M 1131.49M
Good will 13355.00M 16414.00M 5593.25M 5497.60M 5378.39M
Other assets 667.00M 1383.00M 717.26M 315.75M 288.67M
Cash 493.00M 715.00M 656.84M 606.82M 648.52M
Cash and equivalents 483.00M 711.00M 649.54M 606.82M 634.90M
Total current liabilities 3738.00M 3633.00M 1903.73M 1552.19M 1128.31M
Current deferred revenue 2265.00M -1532.00000M -555.68700M 362.86M -
Net debt 10477.00M 10685.00M 3756.68M 3815.25M 3904.54M
Short term debt 597.00M 632.00M 634.16M 424.63M 48.64M
Short long term debt 597.00M 632.00M 634.16M 384.96M 48.64M
Short long term debt total 10970.00M 11400.00M 4413.52M 4422.07M 4553.06M
Other stockholder equity 18913.00M 18865.00M 2848.34M 2800.33M 2773.31M
Property plant equipment 4861.00M 4368.00M 1458.18M 1386.92M 1241.15M
Total current assets 7432.00M 6987.00M 3059.80M 2942.54M 2941.86M
Long term investments 10.00M 86.00M - - 31.47M
Net tangible assets -4753.00000M -5822.00000M -1911.72200M -2033.18400M -2302.95300M
Short term investments - - - - -
Net receivables 1818.00M 1906.00M 929.34M 1024.01M 937.76M
Long term debt 10373.00M 10768.00M 3779.36M 3997.44M 4504.42M
Inventory 3151.00M 2516.00M 1131.86M 1123.07M 1078.54M
Accounts payable 1418.00M 1532.00M 555.69M 510.37M 471.38M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 35.00M 11.88M 12.24M 10.42M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -2169.00000M -1423.00000M -697.54100M -716.89400M -702.22700M
Additional paid in capital - - - - -
Common stock total equity - 35.00M 16.07M 16.07M 16.07M
Preferred stock total equity - - - - -
Retained earnings total equity - 3641.00M 4156.17M 4117.80M 3956.22M
Treasury stock - -997.00000M -1016.94100M -1022.82400M -1030.71800M
Accumulated amortization - - - - -
Non currrent assets other 1150.00M 1215.00M 717.26M 104.55M 168.20M
Deferred long term asset charges - - - - -
Non current assets total 27958.00M 32691.00M 10495.87M 10344.87M 9947.54M
Capital lease obligations 651.00M 784.00M 43.62M 39.67M -
Long term debt total 10385.00M 10768.00M 3779.36M 3997.44M 4504.42M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 745.00M -18.00000M -14.59700M 25.90M 7.51M
Change to liabilities -57.00000M 419.00M 102.08M 30.73M 59.09M
Total cashflows from investing activities 745.00M -18.00000M -187.46300M -225.86600M -5013.23500M
Net borrowings -344.00000M -606.00000M -150.63500M -156.28200M 2845.52M
Total cash from financing activities -1229.00000M -1304.00000M -511.57000M -505.05700M 4871.57M
Change to operating activities 17.00M -40.00000M 88.86M -91.37900M -15.03300M
Net income -1836.00000M 279.00M 367.37M 460.27M 339.78M
Change in cash -216.00000M 56.00M 35.93M -24.57700M 280.48M
Begin period cash flow 716.00M 660.00M 623.95M 648.52M 368.05M
End period cash flow 500.00M 716.00M 659.87M 623.95M 648.52M
Total cash from operating activities 345.00M 1437.00M 714.10M 698.97M 436.70M
Issuance of capital stock - - - - -
Depreciation 1179.00M 1156.00M 325.36M 323.33M 173.79M
Other cashflows from investing activities 1251.00M 379.00M 18.93M -15.78800M -4850.65600M
Dividends paid 810.00M 667.00M 322.58M 313.51M 230.22M
Change to inventory -893.00000M -363.00000M 17.92M -62.12900M -117.64100M
Change to account receivables -117.00000M -169.00000M -60.97900M -9.46700M -49.95800M
Sale purchase of stock 0.00000M -9.00000M -21.56600M 0.00000M -15.47500M
Other cashflows from financing activities 302.00M 296.00M 158.44M -35.26500M 2238.08M
Change to netincome 2139.00M 164.00M -52.36300M -46.14400M 51.50M
Capital expenditures 506.00M 397.00M 191.79M 242.05M 173.42M
Change receivables - -169.00000M -60.97900M 59.55M -49.95800M
Cash flows other operating - 235.00M 14.71M -66.65000M -18.98400M
Exchange rate changes - -59.00000M 20.86M 7.38M -14.56700M
Cash and cash equivalents changes - 56.00M 35.93M -24.57700M 280.48M
Change in working capital -1073.00000M -153.00000M 73.73M -38.48900M -128.60300M
Stock based compensation 49.00M 54.00M 35.80M 34.48M 29.40M
Other non cash items 2320.00M 337.00M -20.44300M -21.34700M 2.93M
Free cash flow -161.00000M 1040.00M 522.30M 456.92M 263.28M

Peer Comparison

Sector: Basic Materials Industry: Specialty Chemicals

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
IFF
International Flavors & Fragrances Inc
0.15 0.14% 103.59 1326.67 19.12 1.75 1.20 2.64 18.12
LIN
Linde plc Ordinary Shares
1.47 0.31% 468.81 33.77 28.90 6.56 5.42 7.03 18.92
AIQUY
Air Liquide SA ADR
0.01 0.03% 37.63 29.34 24.57 3.42 3.95 3.87 15.91
AIQUF
L'Air Liquide S.A
- -% 188.05 29.39 24.69 3.41 3.97 3.87 15.91
SHW
Sherwin-Williams Co
1.43 0.38% 375.40 33.33 27.40 3.38 20.60 3.88 21.36

Reports Covered

Stock Research & News

Profile

International Flavors & Fragrances Inc., together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. It operates through four segments: Nourish, Scent, Health & Biosciences, and Pharma Solutions. The Nourish segment offers natural and plant-based specialty food ingredients, such as flavor compounds; savory products that includes soups, sauces, meat, fish, poultry, snacks, etc.; beverages, such as juice drinks, carbonated or flavored beverages, spirits, etc.; sweets that includes bakery products, candy, cereal, chewing gum, etc.; and dairy products, such as yogurt, ice cream, cheese, etc. It also provides natural food protection ingredients consist of natural antioxidants and anti-microbials. Its Scent segment provides fragrance compounds, which include fine fragrances comprising perfumes and colognes, as well as consumer fragrances; fragrance ingredients comprising synthetic and natural ingredients that could be combined with other materials to create fragrance and consumer compounds; and cosmetic active ingredients consisting of active and functional ingredients, and delivery systems to support its customers' cosmetic and personal care product lines. The Health & Biosciences segment develops and produces enzymes, food cultures, probiotics, and specialty ingredients for food and non-food applications. Its Pharma Solutions segment produces and sells cellulosics and seaweed-based pharma excipients. The company sells its products primarily to manufacturers of perfumes and cosmetics, hair and other personal care products, soaps and detergents, cleaning products, dairy, meat and other processed foods, beverages, snacks and savory foods, sweet and baked goods, dietary supplements, infant and elderly nutrition, functional food, and pharmaceutical excipients and oral care products. International Flavors & Fragrances Inc. was founded in 1833 and is headquartered

International Flavors & Fragrances Inc

521 West 57th Street, New York, NY, United States, 10019-2960

Key Executives

Name Title Year Born
Mr. Glenn Robert Richter Exec. VP & CFO 1962
Mr. Nicolas Mirzayantz Pres of Nourish 1963
Mr. Franklin K. Clyburn Jr. CEO & Director 1965
Mr. Ralf Finzel Exec. VP & Global Operations Officer NA
Ms. Beril Yildiz Sr. VP & Chief Accounting Officer 1978
Mr. Vic Verma Exec. VP & Chief Information Officer 1969
Mr. Michael DeVeau Sr. VP and Chief Investor Relations & Communications Officer 1981
Dr. Jennifer Amy Johnson Ph.D. Exec. VP & Gen. Counsel 1975
Ms. Deborah Borg Chief HR and Diversity, Equity & Inclusion Officer 1977
Dr. Gregory Yep Exec. VP and Chief R&D, Global Integrated Solutions & Sustainability Officer 1965

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