REC Stock Overview
Recticel SA/NV manufactures and markets polyurethane foams for the flexible foams, bedding, insulation, and other applications.
Price History & Performance
|Historical stock prices|
|Current Share Price||€17.82|
|52 Week High||€22.60|
|52 Week Low||€13.52|
|1 Month Change||-16.73%|
|3 Month Change||3.01%|
|1 Year Change||21.56%|
|3 Year Change||123.03%|
|5 Year Change||145.25%|
|Change since IPO||139.89%|
Recent News & Updates
|REC||BE Chemicals||BE Market|
Return vs Industry: REC exceeded the Belgian Chemicals industry which returned -17.1% over the past year.
Return vs Market: REC exceeded the Belgian Market which returned -4.5% over the past year.
|REC Average Weekly Movement||6.3%|
|Chemicals Industry Average Movement||5.7%|
|Market Average Movement||5.1%|
|10% most volatile stocks in BE Market||7.8%|
|10% least volatile stocks in BE Market||3.2%|
Stable Share Price: REC is more volatile than 75% of Belgian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: REC's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Belgian stocks.
About the Company
Recticel SA/NV manufactures and markets polyurethane foams for the flexible foams, bedding, insulation, and other applications. The company’s Engineered Foam business line provides solutions for various areas, such as silencing, sealing, filtering, carrying, protecting, supporting, and comforting. It also provides comfort foams, which primarily comprise bulk commodities for upholstered furniture and mattresses; and technical foams, which are used in a range of applications, such as sealing and silencing in passenger cars and industrial equipment, sponges, scouring pads, filters, paint rollers, and packaging.
Recticel Fundamentals Summary
|REC fundamental statistics|
Is REC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|REC income statement (TTM)|
|Cost of Revenue||€845.41m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 26, 2022
|Earnings per share (EPS)||0.87|
|Net Profit Margin||4.71%|
How did REC perform over the long term?See historical performance and comparison
1.6%Current Dividend Yield
Is Recticel undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: REC (€17.82) is trading above our estimate of fair value (€10.27)
Significantly Below Fair Value: REC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: REC is poor value based on its PE Ratio (20.4x) compared to the Belgian Chemicals industry average (7.6x).
PE vs Market: REC is poor value based on its PE Ratio (20.4x) compared to the Belgian market (11.8x).
Price to Earnings Growth Ratio
PEG Ratio: REC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: REC is overvalued based on its PB Ratio (2.5x) compared to the BE Chemicals industry average (2.3x).
How is Recticel forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: REC's earnings are forecast to decline over the next 3 years (-22.9% per year).
Earnings vs Market: REC's earnings are forecast to decline over the next 3 years (-22.9% per year).
High Growth Earnings: REC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: REC's revenue is expected to decline over the next 3 years (-17.6% per year).
High Growth Revenue: REC's revenue is forecast to decline over the next 3 years (-17.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: REC's Return on Equity is forecast to be low in 3 years time (8%).
How has Recticel performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: REC has high quality earnings.
Growing Profit Margin: REC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: REC's earnings have grown by 1.3% per year over the past 5 years.
Accelerating Growth: REC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: REC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (53.1%).
Return on Equity
High ROE: REC's Return on Equity (12.6%) is considered low.
How is Recticel's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: REC's short term assets (€534.9M) exceed its short term liabilities (€358.5M).
Long Term Liabilities: REC's short term assets (€534.9M) exceed its long term liabilities (€305.9M).
Debt to Equity History and Analysis
Debt Level: REC's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: REC's debt to equity ratio has increased from 53.8% to 55.5% over the past 5 years.
Debt Coverage: REC's debt is well covered by operating cash flow (51.9%).
Interest Coverage: REC's interest payments on its debt are well covered by EBIT (7.3x coverage).
What is Recticel current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: REC's dividend (1.63%) isn’t notable compared to the bottom 25% of dividend payers in the Belgian market (1.77%).
High Dividend: REC's dividend (1.63%) is low compared to the top 25% of dividend payers in the Belgian market (5.82%).
Stability and Growth of Payments
Stable Dividend: REC's dividend payments have been volatile in the past 10 years.
Growing Dividend: REC's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.1%), REC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.3%), REC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Olivier Chapelle (57 yo)
Mr. Olivier Chapelle, BVBA is a Group General Manager of Bedding at Recticel SA since January 20, 2017 and its Chief Executive Officer since December 2009 and serves as its MD and Director since 2009. He w...
CEO Compensation Analysis
Compensation vs Market: Olivier's total compensation ($USD1.63M) is above average for companies of similar size in the Belgian market ($USD806.25K).
Compensation vs Earnings: Olivier's compensation has been consistent with company performance over the past year.
Experienced Management: REC's management team is seasoned and experienced (9.3 years average tenure).
Experienced Board: REC's board of directors are considered experienced (7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Recticel SA/NV's employee growth, exchange listings and data sources
- Name: Recticel SA/NV
- Ticker: REC
- Exchange: ENXTBR
- Founded: 1896
- Industry: Commodity Chemicals
- Sector: Materials
- Implied Market Cap: €993.093m
- Shares outstanding: 55.73m
- Website: https://www.recticel.com
Number of Employees
- Recticel SA/NV
- Bourgetlaan 42 Avenue du Bourget
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.