Buy Or Sell Opportunity • Jun 21
Now 21% overvalued Over the last 90 days, the stock has fallen 3.2% to €24.40. The fair value is estimated to be €20.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 22%. Announcement • Jun 19
Richelieu Hardware Ltd. to Report Q2, 2026 Results on Jul 09, 2026 Richelieu Hardware Ltd. announced that they will report Q2, 2026 results on Jul 09, 2026 Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director François Gratton was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • May 20
Now 20% overvalued Over the last 90 days, the stock has fallen 9.7% to €24.20. The fair value is estimated to be €20.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has declined by 22%. Announcement • Apr 10
Richelieu Hardware Ltd. Announces Quarterly Dividend, Payable on May 7, 2026 Richelieu Hardware Ltd. announced on April 9, 2026, the Board of Directors approved the payment of a quarterly dividend of $0.1566 per share to shareholders of record as at April 23, 2026, payable on May 7, 2026. The declared dividend is designated as an eligible dividend within the meaning of the Income Tax Act (Canada). Announcement • Mar 14
Richelieu Hardware Ltd. to Report Q1, 2026 Results on Apr 09, 2026 Richelieu Hardware Ltd. announced that they will report Q1, 2026 results on Apr 09, 2026 Announcement • Feb 10
Richelieu Hardware Ltd., Annual General Meeting, Apr 09, 2026 Richelieu Hardware Ltd., Annual General Meeting, Apr 09, 2026. Announcement • Sep 12
Richelieu Hardware Ltd. to Report Q3, 2025 Results on Oct 09, 2025 Richelieu Hardware Ltd. announced that they will report Q3, 2025 results on Oct 09, 2025 Announcement • Jul 11
Richelieu Hardware Ltd. Approves Quarterly Dividend, Payable on August 7, 2025 On July 10, 2025, the Board of Directors of Richelieu Hardware Ltd. approved the payment of a quarterly dividend of $0.1533 per share to shareholders of record as at July 24, 2025, payable on August 7, 2025. Announcement • Jul 03
Richelieu Hardware Ltd. to Report Q2, 2025 Results on Jul 10, 2025 Richelieu Hardware Ltd. announced that they will report Q2, 2025 results on Jul 10, 2025 Announcement • Apr 11
Richelieu Hardware Ltd. (TSX:RCH) acquired Rhoads & O'Hara Architectural Products, LLC. Richelieu Hardware Ltd. (TSX:RCH) acquired Rhoads & O'Hara Architectural Products, LLC on April 1, 2025.
Richelieu Hardware Ltd. (TSX:RCH) completed the acquisition of Rhoads & O'Hara Architectural Products, LLC on April 1, 2025. Announcement • Apr 10
Richelieu Hardware Ltd. Approves Quarterly Dividend, Payable on May 8, 2025 On April 10, 2025, the Board of Directors of Richelieu Hardware Ltd. approved the payment of a quarterly dividend of $0.1533 per share to shareholders of record as at April 24, 2025, payable on May 8, 2025. Announcement • Mar 19
Richelieu Hardware Ltd. to Report Q1, 2025 Results on Apr 10, 2025 Richelieu Hardware Ltd. announced that they will report Q1, 2025 results at 12:30 PM, US Eastern Standard Time on Apr 10, 2025 Announcement • Jan 22
Richelieu Hardware Ltd., Annual General Meeting, Apr 10, 2025 Richelieu Hardware Ltd., Annual General Meeting, Apr 10, 2025. Announcement • Jan 08
Richelieu Hardware Ltd. to Report Q4, 2024 Results on Jan 16, 2025 Richelieu Hardware Ltd. announced that they will report Q4, 2024 results on Jan 16, 2025 New Risk • Oct 29
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.0% net profit margin). Declared Dividend • Oct 14
Third quarter dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 24th October 2024 Payment date: 7th November 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 11
Third quarter 2024 earnings released: EPS: CA$0.41 (vs CA$0.53 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.41 (down from CA$0.53 in 3Q 2023). Revenue: CA$467.7m (up 1.9% from 3Q 2023). Net income: CA$22.7m (down 24% from 3Q 2023). Profit margin: 4.9% (down from 6.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Oct 11
Richelieu Hardware Ltd. Approves Payment of A Quarterly Dividend, Payable on November 7, 2024 On October 10, 2024, the Board of Directors of Richelieu Hardware Ltd. approved the payment of a quarterly dividend of $0.15 per share to shareholders of record as at October 24, 2024, payable on November 7, 2024. The declared dividend is designated as an eligible dividend under the Income Tax Act of Canada. Announcement • Sep 20
Richelieu Hardware Ltd. to Report Q3, 2024 Results on Oct 10, 2024 Richelieu Hardware Ltd. announced that they will report Q3, 2024 results on Oct 10, 2024 Declared Dividend • Jul 15
Second quarter dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 25th July 2024 Payment date: 8th August 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 12
Second quarter 2024 earnings released: EPS: CA$0.42 (vs CA$0.55 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.42 (down from CA$0.55 in 2Q 2023). Revenue: CA$481.4m (up 2.0% from 2Q 2023). Net income: CA$23.4m (down 24% from 2Q 2023). Profit margin: 4.9% (down from 6.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Jul 12
Richelieu Hardware Ltd. Announces Quarterly Dividend, Payable on August 8, 2024 On July 11, 2024, the Board of Directors of Richelieu Hardware Ltd. approved the payment of a quarterly dividend of $0.15 per share to shareholders of record as at July 25, 2024, payable on August 8, 2024. The declared dividend is designated as an eligible dividend within the meaning of the Income Tax Act (Canada). Announcement • Jun 14
Richelieu Hardware Ltd. to Report Q2, 2024 Results on Jul 11, 2024 Richelieu Hardware Ltd. announced that they will report Q2, 2024 results on Jul 11, 2024 Declared Dividend • Apr 15
First quarter dividend of CA$0.15 announced Shareholders will receive a dividend of CA$0.15. Ex-date: 24th April 2024 Payment date: 9th May 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 14
Richelieu Hardware Ltd. Approves the Election of François Gratton as Director Richelieu Hardware Ltd. at its Annual General Meeting of Shareholders held on April 11, 2024 approved the election of François Gratton as Director. Announcement • Apr 13
Richelieu Hardware Ltd. (TSX:RCH) acquired Assets of Allegheny Plywood Company, Inc. Richelieu Hardware Ltd. (TSX:RCH) acquired Assets of Allegheny Plywood Company, Inc on March 27, 2024.Richelieu Hardware Ltd. (TSX:RCH) completed the acquisition of Assets of Allegheny Plywood Company, Inc on March 27, 2024. Reported Earnings • Apr 12
First quarter 2024 earnings released: EPS: CA$0.27 (vs CA$0.40 in 1Q 2023) First quarter 2024 results: EPS: CA$0.27 (down from CA$0.40 in 1Q 2023). Revenue: CA$406.9m (flat on 1Q 2023). Net income: CA$15.2m (down 32% from 1Q 2023). Profit margin: 3.7% (down from 5.6% in 1Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat. Announcement • Apr 11
Richelieu Hardware Ltd. Approves Quarterly Dividend, Payable on May 9, 2024 Richelieu Hardware Ltd. announced on April 11, 2024, the Board of Directors approved the payment of a quarterly dividend of $0.15 per share to shareholders of record as at April 25, 2024, payable on May 9, 2024. Announcement • Mar 09
Richelieu Hardware Ltd. to Report Q1, 2024 Results on Apr 11, 2024 Richelieu Hardware Ltd. announced that they will report Q1, 2024 results on Apr 11, 2024 Reported Earnings • Mar 04
Full year 2023 earnings released: EPS: CA$2.00 (vs CA$3.01 in FY 2022) Full year 2023 results: EPS: CA$2.00 (down from CA$3.01 in FY 2022). Revenue: CA$1.79b (flat on FY 2022). Net income: CA$111.5m (down 34% from FY 2022). Profit margin: 6.2% (down from 9.3% in FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 6% per year. Announcement • Feb 29
Richelieu Hardware Ltd. (TSX:RCH) acquired remaining 15% stake in Provincial Woodproducts Limited from minority shareholders. Richelieu Hardware Ltd. (TSX:RCH) acquired remaining 15% stake in Provincial Woodproducts Limited from minority shareholders on January 1, 2024.
Richelieu Hardware Ltd. (TSX:RCH) completed the acquisition of remaining 15% stake in Provincial Woodproducts Limited from minority shareholders on January 1, 2024. Announcement • Feb 10
Richelieu Hardware Ltd., Annual General Meeting, Apr 11, 2024 Richelieu Hardware Ltd., Annual General Meeting, Apr 11, 2024. Upcoming Dividend • Jan 24
Upcoming dividend of CA$0.15 per share at 1.4% yield Eligible shareholders must have bought the stock before 31 January 2024. Payment date: 15 February 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.7%). Reported Earnings • Jan 19
Full year 2023 earnings released: EPS: CA$2.00 (vs CA$3.01 in FY 2022) Full year 2023 results: EPS: CA$2.00 (down from CA$3.01 in FY 2022). Revenue: CA$1.79b (flat on FY 2022). Net income: CA$111.5m (down 34% from FY 2022). Profit margin: 6.2% (down from 9.3% in FY 2022). Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year. Announcement • Jan 18
Richelieu Hardware Ltd. Approves the Payment of Quarterly Dividend, Payable on February 15, 2024 Richelieu Hardware Ltd. Board of Directors approved the payment of a quarterly dividend of $0.15 per share to shareholders of record as at February 1, 2024, payable on February 15, 2024. The declared dividend is designated as an eligible dividend within the meaning of the Income Tax Act (Canada). Reported Earnings • Oct 06
Third quarter 2023 earnings released: EPS: CA$0.53 (vs CA$0.83 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.53 (down from CA$0.83 in 3Q 2022). Revenue: CA$459.0m (down 2.9% from 3Q 2022). Net income: CA$29.8m (down 36% from 3Q 2022). Profit margin: 6.5% (down from 9.8% in 3Q 2022). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Oct 06
Richelieu Hardware Ltd. Approves Payment of Quarterly Dividend, Payable on November 2, 2023 Richelieu Hardware Ltd. on October 5, 2023, the Board of Directors approved the payment of a quarterly dividend of $0.15 per share to shareholders of record as at October 19, 2023, payable on November 2, 2023. The declared dividend is designated as an eligible dividend within the meaning of the Income Tax Act (Canada). Announcement • Sep 16
Richelieu Hardware Ltd. to Report Q3, 2023 Results on Oct 05, 2023 Richelieu Hardware Ltd. announced that they will report Q3, 2023 results on Oct 05, 2023 New Risk • Jul 20
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Upcoming Dividend • Jul 12
Upcoming dividend of CA$0.15 per share at 1.4% yield Eligible shareholders must have bought the stock before 19 July 2023. Payment date: 03 August 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.9%). Reported Earnings • Jul 07
Second quarter 2023 earnings released: EPS: CA$0.55 (vs CA$0.84 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.55 (down from CA$0.84 in 2Q 2022). Revenue: CA$472.1m (down 3.2% from 2Q 2022). Net income: CA$30.7m (down 35% from 2Q 2022). Profit margin: 6.5% (down from 9.6% in 2Q 2022). Revenue is expected to decline by 2.2% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Jun 15
Richelieu Hardware Ltd. to Report Q2, 2023 Results on Jul 06, 2023 Richelieu Hardware Ltd. announced that they will report Q2, 2023 results on Jul 06, 2023 Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. Independent Director Marie Lemay was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 28
Insider recently sold €80k worth of stock On the 21st of April, Guy Grenier sold around 3k shares on-market at roughly €26.72 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €199k more than they sold in the last 12 months. Reported Earnings • Apr 08
First quarter 2023 earnings released: EPS: CA$0.40 (vs CA$0.54 in 1Q 2022) First quarter 2023 results: EPS: CA$0.40 (down from CA$0.54 in 1Q 2022). Revenue: CA$403.0m (up 4.8% from 1Q 2022). Net income: CA$22.4m (down 26% from 1Q 2022). Profit margin: 5.6% (down from 7.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.6% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 5.4%. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: CA$3.01 (vs CA$2.54 in FY 2021) Full year 2022 results: EPS: CA$3.01 (up from CA$2.54 in FY 2021). Revenue: CA$1.80b (up 25% from FY 2021). Net income: CA$168.4m (up 19% from FY 2021). Profit margin: 9.3% (in line with FY 2021). Revenue is expected to decline by 1.8% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 4.0%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Feb 04
Richelieu Hardware Ltd., Annual General Meeting, Apr 06, 2023 Richelieu Hardware Ltd., Annual General Meeting, Apr 06, 2023. Upcoming Dividend • Jan 25
Upcoming dividend of CA$0.15 per share at 1.6% yield Eligible shareholders must have bought the stock before 01 February 2023. Payment date: 16 February 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.7%). Reported Earnings • Jan 20
Full year 2022 earnings released: EPS: CA$3.01 (vs CA$2.54 in FY 2021) Full year 2022 results: EPS: CA$3.01 (up from CA$2.54 in FY 2021). Revenue: CA$1.80b (up 25% from FY 2021). Net income: CA$168.4m (up 19% from FY 2021). Profit margin: 9.3% (in line with FY 2021). Revenue is expected to decline by 2.4% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Jan 20
Richelieu Hardware Ltd. Approves Quarterly Dividend, Payable on February 16, 2023 Richelieu Hardware Ltd. announced that on January 19, 2023, the Board of Directors approved the payment of a quarterly dividend of $0.15 per share to shareholders of record as at February 2, 2023, payable on February 16, 2023. The declared dividend is designated as an eligible dividend within the meaning of the Income Tax Act (Canada). Announcement • Dec 22
Richelieu Hardware Ltd. to Report Q4, 2022 Results on Jan 19, 2023 Richelieu Hardware Ltd. announced that they will report Q4, 2022 results on Jan 19, 2023 Reported Earnings • Oct 07
Third quarter 2022 earnings released: EPS: CA$0.83 (vs CA$0.69 in 3Q 2021) Third quarter 2022 results: EPS: CA$0.83 (up from CA$0.69 in 3Q 2021). Revenue: CA$472.9m (up 27% from 3Q 2021). Net income: CA$46.4m (up 20% from 3Q 2021). Profit margin: 9.8% (in line with 3Q 2021). Revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Europe are expected to grow by 4.7%. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Sep 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.5%. The fair value is estimated to be €33.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 36%. Recent Insider Transactions • Jul 20
Independent Director recently bought €56k worth of stock On the 12th of July, Lucie Chabot bought around 2k shares on-market at roughly €27.95 per share. In the last 3 months, there was an even bigger purchase from another insider worth €82k. Insiders have collectively bought €237k more in shares than they have sold in the last 12 months. Buying Opportunity • Jul 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.9%. The fair value is estimated to be €34.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 36%. Upcoming Dividend • Jul 13
Upcoming dividend of CA$0.13 per share Eligible shareholders must have bought the stock before 20 July 2022. Payment date: 04 August 2022. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.0%). Reported Earnings • Jul 09
Second quarter 2022 earnings released: EPS: CA$0.84 (vs CA$0.67 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.84 (up from CA$0.67 in 2Q 2021). Revenue: CA$487.9m (up 31% from 2Q 2021). Net income: CA$47.0m (up 26% from 2Q 2021). Profit margin: 9.6% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 5.9%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Jul 08
Richelieu Hardware Ltd. Approves Quarterly Cash Dividend, Payable on August 4, 2022 On July 7, 2022, the Board of Directors of Richelieu Hardware Ltd. approved the payment of a quarterly dividend of $0.13 per share to shareholders of record as at July 21, 2022, payable on August 4, 2022. Of this declared dividend $0.0918 per share is designated as an eligible dividend and $0.0382 per share is not designated as an eligible dividend. Announcement • Jul 06
Richelieu Hardware Ltd. to Report Q2, 2022 Results on Jul 07, 2022 Richelieu Hardware Ltd. announced that they will report Q2, 2022 results on Jul 07, 2022 Recent Insider Transactions • May 26
CEO, President & Executive Director recently bought €72k worth of stock On the 24th of May, Richard Lord bought around 3k shares on-market at roughly €25.37 per share. In the last 3 months, they made an even bigger purchase worth €82k. Richard has been a buyer over the last 12 months, purchasing a net total of €154k worth in shares. Buying Opportunity • May 07
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be €33.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to decline by 6.2% in the next 2 years. Recent Insider Transactions • Apr 27
Independent Director recently bought €55k worth of stock On the 21st of April, Marc Poulin bought around 2k shares on-market at roughly €27.53 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €368k more in shares than they bought in the last 12 months. Recent Insider Transactions • Apr 23
Independent Director recently bought €55k worth of stock On the 21st of April, Marc Poulin bought around 2k shares on-market at roughly €27.53 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €383k more in shares than they bought in the last 12 months. Reported Earnings • Apr 08
First quarter 2022 earnings released: EPS: CA$0.54 (vs CA$0.38 in 1Q 2021) First quarter 2022 results: EPS: CA$0.54 (up from CA$0.38 in 1Q 2021). Revenue: CA$384.5m (up 29% from 1Q 2021). Net income: CA$30.1m (up 43% from 1Q 2021). Profit margin: 7.8% (up from 7.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 10%, compared to a 9.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 30% per year. Announcement • Apr 08
Richelieu Hardware Ltd. Approves Payment of Quarterly Dividend, Payable on May 5, 2022 Richelieu Hardware Ltd. approved payment of quarterly dividend of $0.13 per share on April 7, 2022, to shareholders of record as at April 21, 2022, payable on May 5, 2022. Announcement • Apr 02
Richelieu Hardware Ltd. to Report Q1, 2022 Results on Apr 07, 2022 Richelieu Hardware Ltd. announced that they will report Q1, 2022 results on Apr 07, 2022 Reported Earnings • Mar 04
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CA$2.54 (up from CA$1.51 in FY 2020). Revenue: CA$1.44b (up 28% from FY 2020). Net income: CA$141.8m (up 66% from FY 2020). Profit margin: 9.8% (up from 7.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 16%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 31% per year. Recent Insider Transactions • Feb 16
Insider recently sold €103k worth of stock On the 11th of February, Guy Grenier sold around 3k shares on-market at roughly €34.49 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €438k more than they bought in the last 12 months. Reported Earnings • Jan 22
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CA$2.54 (up from CA$1.51 in FY 2020). Revenue: CA$1.44b (up 28% from FY 2020). Net income: CA$141.8m (up 66% from FY 2020). Profit margin: 9.8% (up from 7.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 16%, compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 31% per year. Announcement • Jan 22
Richelieu Hardware Ltd. (TSX:RCH) acquired Compi Distributors, Inc./HGH Hardware Supply, Inc./National Builders Hardware Co. Richelieu Hardware Ltd. (TSX:RCH) acquired Compi Distributors, Inc./HGH Hardware Supply, Inc./National Builders Hardware Co after November 30, 2021. Upcoming Dividend • Oct 13
Upcoming dividend of CA$0.07 per share Eligible shareholders must have bought the stock before 20 October 2021. Payment date: 04 November 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.4%). Reported Earnings • Oct 08
Third quarter 2021 earnings released: EPS CA$0.69 (vs CA$0.51 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CA$373.3m (up 20% from 3Q 2020). Net income: CA$38.7m (up 35% from 3Q 2020). Profit margin: 10% (up from 9.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year. Upcoming Dividend • Jul 15
Upcoming dividend of CA$0.07 per share Eligible shareholders must have bought the stock before 21 July 2021. Payment date: 05 August 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.2%). Reported Earnings • Jul 09
Second quarter 2021 earnings released: EPS CA$0.67 (vs CA$0.32 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$371.4m (up 50% from 2Q 2020). Net income: CA$37.4m (up 111% from 2Q 2020). Profit margin: 10% (up from 7.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year and the company’s share price has also increased by 16% per year. Recent Insider Transactions • May 05
CEO, President & Executive Director recently sold €334k worth of stock On the 28th of April, Richard Lord sold around 12k shares on-market at roughly €28.71 per share. This was the largest sale by an insider in the last 3 months. This was Richard's only on-market trade for the last 12 months. Upcoming Dividend • Apr 14
Upcoming dividend of CA$0.07 per share Eligible shareholders must have bought the stock before 21 April 2021. Payment date: 06 May 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.3%). Reported Earnings • Apr 10
First quarter 2021 earnings released: EPS CA$0.38 (vs CA$0.21 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$297.6m (up 19% from 1Q 2020). Net income: CA$21.0m (up 78% from 1Q 2020). Profit margin: 7.1% (up from 4.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 11
Richelieu Hardware Ltd. to Report Q1, 2021 Results on Apr 08, 2021 Richelieu Hardware Ltd. announced that they will report Q1, 2021 results on Apr 08, 2021 Reported Earnings • Feb 27
Full year 2020 earnings released: EPS CA$1.51 (vs CA$1.19 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$1.13b (up 8.3% from FY 2019). Net income: CA$85.2m (up 26% from FY 2019). Profit margin: 7.6% (up from 6.5% in FY 2019). The increase in margin was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Feb 27
Revenue beats expectations Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 11%, compared to a 4.6% growth forecast for the Trade Distributors industry in Germany. Announcement • Feb 06
Richelieu Hardware Ltd., Annual General Meeting, Apr 08, 2021 Richelieu Hardware Ltd., Annual General Meeting, Apr 08, 2021. Reported Earnings • Jan 23
Full year 2020 earnings released: EPS CA$1.51 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CA$1.13b (up 8.3% from FY 2019). Net income: CA$85.2m (up 26% from FY 2019). Profit margin: 7.6% (up from 6.5% in FY 2019). The increase in margin was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Jan 23
Revenue beats expectations Revenue exceeded analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 5.8%, compared to a 4.1% growth forecast for the Trade Distributors industry in Germany. Is New 90 Day High Low • Jan 23
New 90-day high: €24.60 The company is up 3.0% from its price of €23.80 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.81 per share. Announcement • Jan 16
Richelieu Hardware Ltd. to Report Q4, 2020 Results on Jan 21, 2021 Richelieu Hardware Ltd. announced that they will report Q4, 2020 results on Jan 21, 2021 Is New 90 Day High Low • Dec 24
New 90-day low: €21.80 The company is down 1.0% from its price of €22.00 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.21 per share. Is New 90 Day High Low • Oct 10
New 90-day high: €25.80 The company is up 30% from its price of €19.80 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.70 per share. Announcement • Oct 10
Richelieu Hardware Ltd. (TSX:RCH) acquired Quincaillerie Lion. Richelieu Hardware Ltd. (TSX:RCH) acquired Quincaillerie Lion on August 4, 2020.
Richelieu Hardware Ltd. (TSX:RCH) completed the acquisition of Quincaillerie Lion on August 4, 2020. Reported Earnings • Oct 09
Third quarter earnings released Over the last 12 months the company has reported total profits of CA$78.3m, up 18% from the prior year. Total revenue was CA$1.07b over the last 12 months, up 3.7% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 09
Third-quarter earnings released: Revenue beats expectations Third-quarter revenue exceeded analyst estimates by 7.8% at CA$311.2m. Revenue is forecast to grow 9.1% over the next year, while the growth in Trade Distributors industry in Germany is expected to stay flat. Announcement • Oct 01
Richelieu Hardware Ltd. to Report Q3, 2020 Results on Oct 08, 2020 Richelieu Hardware Ltd. announced that they will report Q3, 2020 results at 2:23 PM, GMT Standard Time on Oct 08, 2020