-0.47%
11.38%
-15.12%
-14.60%
-20.72%
-38.99%
-30.64%
AI Spotlight on TESB
Company Description
Tessenderlo Group NV, together with its subsidiaries, engages in the agriculture, valorizing bio-residuals, energy, and industrial solution businesses worldwide.It operates through four segments: Agro, Bio-Valorization, Industrial Solutions, and T-Power.The Agro segment engages in the production, marketing, and trading of crop nutrients, including liquid crop and potassium sulfate fertilizers, as well as crop protection products.
This segment offers its specialty fertilizers under the Thio-Sul, KTS, K-Row 23, CaTs, GranuPotasse, SoluPotasse, and K-Leaf brands; agriculture herbicides under the LINEX and VELPAR brand names; SEVIN, an agricultural insecticide; and SECTAGON, an agricultural fumigant.The Bio-Valorization segment produces, sells, and trades in gelatins and collagen peptides, and proteins and fats for food, pharma, health and nutrition, pet food, agriculture, aqua feed, animal feed, energy, biodiesel, oleo-chemistry, and sanitary markets.The Industrial Solutions segment is involved in the production, sale, and trading of plastic pipe systems; water treatment chemicals; and other industrial activities, such as the production and sale of mining and industrial auxiliaries, and delivery of services for the treatment and disposal of produced and flowback water from oil and gas exploration, as well as the recovery of industrial process fluids.
The T-Power segment produces electricity through a combined cycle gas turbine of 425 MW capacity.It serves agriculture, food, industry, construction, health, and consumer goods end markets.The company was formerly known as Tessenderlo Chemie nv and changed its name to Tessenderlo Group NV in June 2017.
The company was founded in 1919 and is headquartered in Brussels, Belgium.Tessenderlo Group NV is a subsidiary of Verbrugge NV.
Market Data
| Last Price | 21.05 |
| Change Percentage | -0.47% |
| Open | 21.1 |
| Previous Close | 21.15 |
| Market Cap ( Millions) | 1284 |
| Volume | 22901 |
| Year High | 26.7 |
| Year Low | 18.56 |
| M A 50 | 20.67 |
| M A 200 | 23.53 |
Financial Ratios
| FCF Yield | 9.97% |
| Dividend Yield | 3.56% |
| ROE | 4.63% |
| Debt / Equity | 11.13% |
| Net Debt / EBIDTA | 13.89% |
| Price To Book | 0.68 |
| Price Earnings Ratio | 14.65 |
| Price To FCF | 10.03 |
| Price To sales | 0.48 |
| EV / EBITDA | 4.92 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Agro
Expected Growth : 1.8 %
What the company do ?
Agro is a leading crop nutrition and protection business from Tessenderlo Group NV, providing innovative solutions for farmers and growers.
Why we expect these perspectives ?
Agro's 1.8% growth is driven by increasing demand for crop protection products, expansion in emerging markets, and strategic partnerships. Additionally, Tessenderlo Group's focus on sustainable agriculture and digital farming solutions contributes to the segment's growth. Furthermore, the company's diversified product portfolio and strong distribution network also support its growth momentum.
Segment n°2 -> Bio-valorization
Expected Growth : 1.9 %
What the company do ?
Bio-valorization from Tessenderlo Group NV is a sustainable process that converts organic waste into valuable products, such as biogas, bio-oil, and bio-carbon, reducing waste disposal costs and environmental impact.
Why we expect these perspectives ?
Tessenderlo Group NV's Bio-valorization segment growth of 1.9% is driven by increasing demand for sustainable and eco-friendly products, government incentives for bio-based industries, and the company's strategic investments in R&D and capacity expansion, enabling it to capitalize on the growing biotechnology market.
Segment n°3 -> Industrial Solutions
Expected Growth : 2.1 %
What the company do ?
Industrial Solutions from Tessenderlo Group NV provides specialty chemicals and services for various industries, including mining, oil and gas, and construction.
Why we expect these perspectives ?
Tessenderlo Group NV's Industrial Solutions segment growth of 2.1% is driven by increasing demand for sustainable and eco-friendly solutions, expansion into emerging markets, and strategic partnerships. Additionally, the segment benefits from the company's focus on innovation, operational efficiency, and cost savings initiatives, which enhance its competitiveness and profitability.
Segment n°4 -> Machine & Technologies
Expected Growth : 1.7 %
What the company do ?
Tessenderlo Group NV's Machine & Technologies segment offers equipment and services for the food, agriculture, and industrial markets, including potato processing, animal feed, and recycling technologies.
Why we expect these perspectives ?
Tessenderlo Group NV's Machine & Technologies segment growth of 1.7% is driven by increasing demand for efficient and sustainable agricultural practices, government initiatives promoting precision farming, and rising adoption of automation and digitalization in the agricultural industry, leading to higher sales of specialized equipment and technology solutions.
Segment n°5 -> T-Power
Expected Growth : 2.0 %
What the company do ?
T-Power is a leading producer of sulfuric acid and sulfuric acid derivatives from Tessenderlo Group NV, serving various industries.
Why we expect these perspectives ?
T-Power's 2.0% growth is driven by increasing demand for renewable energy, favorable regulatory environment, and strategic partnerships. Additionally, investments in grid expansion and modernization, as well as growing electrification of transportation, contribute to the segment's growth.
Tessenderlo Group Nv Products
| Product Range | What is it ? |
|---|---|
| Potassium Chloride (KCl) | A key raw material for the production of fertilizers, glass, and ceramics. |
| Sulphuric Acid | A strong acid used in various industrial processes. |
| Recycled PVC | A sustainable alternative to virgin PVC, made from recycled materials. |
| Bisphenol A (BPA) | A chemical intermediate used in the production of polycarbonate and epoxy resins. |
| Tessenderlo Kerley International (TKI) Crop Protection | A range of crop protection products, including herbicides, insecticides, and fungicides. |
| Tessenderlo Kerley International (TKI) Plant Nutrition | A range of plant nutrition products, including fertilizers and micronutrients. |
Tessenderlo Group NV's Porter Forces
Threat Of Substitutes
The threat of substitutes for Tessenderlo Group NV is moderate due to the availability of alternative products and services in the market.
Bargaining Power Of Customers
The bargaining power of customers is low due to the company's strong brand reputation and customer loyalty.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the company's dependence on a few key suppliers for raw materials.
Threat Of New Entrants
The threat of new entrants is high due to the relatively low barriers to entry in the industry and the attractiveness of the market.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the market, leading to intense competition.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 10.92% |
| Debt Cost | 4.34% |
| Equity Weight | 89.08% |
| Equity Cost | 6.10% |
| WACC | 5.90% |
| Leverage | 12.26% |
Tessenderlo Group NV : Quality Control
Tessenderlo Group NV passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ECR.MC | Ercros, S.A. manufactures and sells basic chemicals, intermediate chemicals, and pharmaceuticals in Spain. It operates through three segments: Chlorine Derivatives, Intermediate Chemicals, and Pharmacy. The Chlorine Derivatives segment produces ammonia, … |
| PCE.WA | Grupa Azoty Zaklady Chemiczne Police S.A. manufactures and sells mineral fertilizers in Poland, Germany, South America, rest of Europe, and internationally. The company provides compound fertilizers, such as nitrogen, phosphorus, … |
| RBT.PA | Robertet SA produces and sells perfumes, aromas, and natural products. The company operates in three segments: Raw materials, Fragrances, and Flavors. It also produces organic essential oils and active ingredients. … |
| PCR.WA | PCC Rokita SA manufactures and distributes chemical products in Poland and internationally. The company offers chloralkali, raw materials, and intermediates; polyurethanes; specialty products; and surfactants products, as well as polyols, … |
| ZAP.WA | Zaklady Azotowe Pulawy S.A. manufactures and sells fertilizer and chemical products worldwide. Its fertilizers include ammonium nitrate under the PULAN name; Pulan Macro, a white to beige granular fertilizer; urea-ammonium … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Rokita
A-Score
1-Year Total Return ->
🥈
Tessenderlo
A-Score
1-Year Total Return ->
🥉
Ercros
A-Score
1-Year Total Return ->
4
Robertet
A-Score
1-Year Total Return ->
5
Zaklady Azotowe Pulawy
A-Score
1-Year Total Return ->
6
