Last Price | 11.58 | Max Price | 13.32 |
Min Price | 9.47 | 1 Year return | -25.48 |
Avg. Target | 11.00 | Expected Return | -5.01 % |
Sector | Industry | Subsector | Industrial Goods |
Sell | 0 | Rating | |
Hold | 1 | Concensus | |
Buy | 0 | ||
Annual report 2017 |
Recticel manufactures mattresses and slat bases, marketed under well-known brands: Beka, Bultex, Epeda, Lattoflex, Merinos, Schlaraffia, Sembella, Superba, Swissflex, etc. Recticel is a Belgian group, operating not only throughout Europe, but also in the United States and Japan. Recticel has some 100 establishments in more than 25 countries and 11,300 employees. (ISIN: BE0003656676 / Mnemo: REC)
Recticel is an international conglomerate specialized in the manufacturing of polyurethane foam along with its conversion into products made from it involving automotive, insulated, industry and furniture products in a lineage for assuring comfort ability. The foundation of the company has been laid down back in the year of 1896 and has been headquartered in Brussels, Belgium. With the working strength of around 11,600 numbers of employees, the company has made its presence in over 130 locations present in 27 countries, responsible for handling the procedure of the vast amount of manufacturing and marketing of products. Along with headquarter in Belgium; the influence is also present in France, Germany, US, Asia and many other countries of Europe.
As long as the trading and shares of the company is considered, it has been listed on the stock exchange of Euronext Brussels, with an objective of achieving sustainable, value-added and profit making in the overall development of the company, which would be beneficial for all the share holders and customers. Segmentation of the company is done in 4 major divisions namely, Bedding, Automotive, Flexible foams and Insulation. In a broader sense, semi finished product range including Flexible foams and Automotive is mainly focused by the company but the manufacturing of finished products including Bedding and Insulation is also provided.
Starting with the ‘Automotive Division’, the lineage offerings include seated pads in coldly molded foam along with the manufacturing of other seats parts like side panels for seating, arm rests, head rests, etc., with the additional goal of attaching greater importance to innovative newer technologies for the evolution of a big change in this industry. ‘Bedding Division’ lineage is involved in the manufacturing of bed foams, slats, mattresses and other sleepy solutions. Beka, Epeda, Bultex, Merinos, Lattoflex, Literie Bultex, Schlaraffia, Sembella, Superba, Swissflex, and Ubica are the names of the brands using which the marketing of the products of the company is being done. ‘Flexible Foam Division’ or business line produces semi finished items made up of flexible polyurethane foam that is being used in a very large products range starting from rubbing pads, sponges, filter(s), paint-rollers, sealing items, packaging, auditory insulation, energy & vibration absorption, re-chargeable batteries, fire retardant foams for risky clothing, lightly stabilized foams, shoes, and ending in the sporty products. At last, ‘Insulation Division’ is there for the manufacturing of foam-boards for thermally insulting walls, roofs and floors; production of foam-blocks in strong PIR or PUR or phenolic foams; and for the offering of complex shaping from bends, segment(s), T-pieces and plates (which are large pieces of stiff foam-blocks), to be used as a way of industry installing mediums for the thermally insulated pipes for the construction of buildings. Powerwall, Powerdeck, Powerroof and Eurowall are the main brands used for the promotion and marketing of these thermally insulating products.
Year | Turnover | Total sector | Market share |
---|---|---|---|
2019 | 1,039 | 224,238 | 0.46 % |
2020 | 829 | 210,561 | 0.39 % |
2021 | 1,033 | 229,978 | 0.45 % |
2022 | 562 | 279,459 | 0.20 % |
2023 | 0 | 0 | 0.00 % |
Analysts estimate for 2024 rising sales Recticel
Analysts expect sales decline Recticel
Analysts expect over 2021 rising revenue Recticel
Analysts expect sales decline Recticel
Recticel this year among best Belgian shares
2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
Over the past year the company' stock gained around 15 percent. Over the past 5 years the stock rose a massive 32,98 percent. Recticel's revenues between 2011 and 2015 were quite stable and moved between 1,32 billion euros and 1,03 billion euros. Recticel's net results between 2011 and 2015 were very fluctuating and moved between 17,42 million euros and 4,5 million euros.
The headquarter of Recticel is located in Brussels. The core activities of Recticel are in the industrial goods sector. The past 10 years the (international) industry gained at around 33 percent. As from 2011 the sector is 47 percent higher and over the past 12 months (December 2015-December 2016) there is a plus of 33 percent.
Over the past 5 years the Belgian company paid out dividends. On average Recticel's dividend yield over the past 5 years was around 0,83 percent annually.
Last year the balance sheet of the Belgian company was worth 676,7 million euros. The total debt of the industrial company was at the end of 2015 427,7 million euros, which equals around 63,2 percent of the total balance sheet. At the end of 2015 the industrial company's stock was traded with a price/earnings-ratio 21. So the stock' value was 21 times the 2015' earnings per share. We could say that based on her price/earnings-ratio and dividend yield the Belgian stock can be seen as a value stock.
At the end of 2015 the market capitalization (the number of shares outstanding multiplied by the stock price) of the industrial company equaled around 243,47 million euros. At the end of 2015 the Belgian company had around 44,51 million stocks listed on the exchanges.
All Recticel's annual reports can be found here. More information about Recticel can be found it's website. .
Results |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Revenue |
1,034
|
1,048
|
1,135
|
1,118
|
1,039
|
829
|
Costs |
1,029
|
1,032
|
1,111
|
1,089
|
1,014
|
766
|
Profit |
5
|
16
|
24
|
29
|
25
|
63
|
Margin of profit |
0.44
|
1.56
|
2.11
|
2.58
|
2.38
|
7.62
|
ROI |
1.82
|
6.50
|
9.13
|
10.89
|
9.01
|
18.90
|
Balance |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Equity |
249
|
251
|
262
|
265
|
275
|
334
|
Debt |
428
|
442
|
468
|
472
|
528
|
365
|
Total assets |
677
|
693
|
730
|
737
|
802
|
699
|
Solvency |
36.79
|
36.25
|
35.85
|
35.95
|
34.23
|
47.81
|
Cash |
56
|
37
|
58
|
40
|
49
|
79
|
Cashflow |
29
|
42
|
76
|
57
|
67
|
3
|
Employees |
6,000
|
6,421
|
6,678
|
0
|
0
|
|
Revenue per employee |
0.17
|
0.16
|
0.17
|
0.0
|
0.0
|
|
Cashflow / Debt |
0.07
|
0.10
|
0.16
|
0.12
|
0.13
|
0.01
|
Details |
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|
Price |
5.60
|
6.63
|
7.73
|
6.39
|
8.31
|
Eps |
0.27
|
0.41
|
0.52
|
0.45
|
1.14
|
Price/earnings-ratio |
20.74
|
16.17
|
14.87
|
14.20
|
10.16
|
Dividend |
0.13
|
0.15
|
0.17
|
0.17
|
0.18
|
Dividend % |
2.32 %
|
2.26 %
|
2.20 %
|
2.66 %
|
1.55 %
|
Payout % |
0.48
|
0.37
|
0.33
|
0.38
|
0.16
|
Book value |
4.67
|
4.81
|
4.83
|
4.99
|
6.03
|
Market to book |
0.83
|
0.73
|
0.62
|
0.78
|
0.52
|
Cashflow per stock |
0.79
|
1.39
|
1.04
|
1.21
|
0.06
|
Stocks |
54
|
54
|
55
|
55
|
55
|
Market Cap |
300.92
|
361.00
|
424.38
|
351.90
|
641.72
|
Date
|
Price
|
---|---|
08 Nov 2024
|
11.58
|
05 Nov 2024
|
11.62
|
31 Oct 2024
|
11.70
|
29 Oct 2024
|
11.84
|
23 Oct 2024
|
11.96
|
19 Oct 2024
|
12.36
|
16 Oct 2024
|
12.46
|
14 Oct 2024
|
12.60
|
05 Oct 2024
|
12.84
|
02 Oct 2024
|
13.14
|
27 Sep 2024
|
13.28
|
20 Sep 2024
|
13.32
|
17 Sep 2024
|
12.58
|
13 Sep 2024
|
12.36
|
28 Aug 2024
|
11.68
|
26 Aug 2024
|
11.66
|
23 Aug 2024
|
12.00
|
11 Aug 2024
|
11.86
|
07 Aug 2024
|
11.78
|
05 Aug 2024
|
11.52
|
01 Aug 2024
|
12.38
|
30 Jul 2024
|
12.72
|
26 Jul 2024
|
12.60
|
23 Jul 2024
|
13.24
|
16 Jul 2024
|
12.58
|
10 Jul 2024
|
12.56
|
09 Jul 2024
|
12.70
|
04 Jul 2024
|
12.46
|
02 Jul 2024
|
12.64
|
26 Jun 2024
|
12.64
|