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Carbios (ALCRB)

Business description

Carbios develops enzyme-based processes for biodegradation and bioproduction of plastics, with a long-term aim of displacing current recycling and production practices.

Disruptive technology for plastics' end of life

Initiation | General Industrials | 03/08/2015

Carbios leverages proprietary and unique enzyme-based technology for self-destruction and recovery of plastics. It addresses the issue of plastics disposal in the face of growth in demand for plastics driven by major global trends, as well environmental and sustainable solutions via break-through technologies for a circular plastics economy. Our fair value range is €23-37 per share, based on probability-weighted cash flows. Pilot production and licences are key next steps.

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Stock data

Market cap.€33.3m
Last close€7.270
High / Low (52 weeks)€10.1 / €6.2
Stock market listingEU
Forecast net cash (€m)6866
Forecast gearing ratio (%)N/A
TeamIndustrials
SectorGeneral Industrials

Price performance

%1m3m12m
Actual14.1(1.9)(6.9)
Relative *16.52.1(10.2)

* % Relative to local index

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