Valuation Recordati

Stocks

Market Closed - Borsa Italiana 18:45:00 11/09/2026 +03			5-day change	1st Jan Change
52.00 ^EUR	0.00%		+0.19%	+7.13%

09-08	Oil and interest rates keep the MIB under pressure	AN
08-31	BioGaia Signs Distribution Deal with Recordati	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	11,657	7,959	10,042	10,347	9,930	10,650	-	-
Change	-	-31.72%	26.16%	3.04%	-4.03%	7.26%	-	-
Enterprise Value (EV) ¹	12,405	9,379	11,621	12,501	11,967	12,416	12,102	11,734
Change	-	-24.39%	23.9%	7.57%	-4.27%	3.75%	-2.53%	-3.04%
P/E	30.6x	25.9x	26.2x	25.4x	22.9x	21.1x	17.2x	14.7x
PBR	8.42x	5.15x	6.06x	5.64x	5.29x	4.86x	4.23x	3.69x
PEG	-	-1.4x	1.1x	3.61x	3.54x	1.3x	0.8x	0.9x
Capitalization / Revenue	7.38x	4.29x	4.82x	4.42x	3.79x	3.81x	3.52x	3.3x
EV / Revenue	7.85x	5.06x	5.58x	5.34x	4.57x	4.45x	4x	3.64x
EV / EBITDA	20.6x	13.9x	15.1x	14.4x	12.1x	12.2x	10.6x	9.46x
EV / EBIT	25.3x	21.4x	20.8x	18.3x	15.4x	14.7x	12.7x	11.2x
EV / FCF	26.4x	21.4x	25.5x	23.4x	23.3x	18.7x	16x	13.9x
FCF Yield	3.79%	4.68%	3.92%	4.28%	4.29%	5.36%	6.25%	7.19%
Dividend per Share ²	1.1	1.15	1.2	1.27	1.34	1.524	1.682	1.795
Rate of return	1.95%	2.97%	2.46%	2.51%	2.76%	2.93%	3.23%	3.45%
EPS ²	1.846	1.494	1.861	1.992	2.121	2.467	3.024	3.538
Distribution rate	59.6%	77%	64.5%	63.8%	63.2%	61.8%	55.6%	50.7%
Net sales ¹	1,580	1,853	2,082	2,342	2,618	2,792	3,028	3,224
EBITDA ¹	602.3	672.8	769.6	865.8	991.1	1,017	1,146	1,240
EBIT ¹	490.2	437.3	558	684.4	774.9	842.6	953.4	1,050
Net income ¹	386	312.3	389.2	416.5	443.6	570.2	684.1	764.7
Net Debt ¹	747.6	1,420	1,579	2,154	2,037	1,765	1,452	1,084
Reference price ²	56.50	38.75	48.83	50.60	48.54	52.00	52.00	52.00
Nbr of stocks (in thousands)	206,325	205,406	205,645	204,479	204,565	204,813	-	-
Announcement Date	2/24/22 A	2/21/23 A	2/22/24 A	2/13/25 A	2/17/26 A	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
RECORDATI	21.08x	4.45x	12.21x	2.93%	12.36B
ELI LILLY AND COMPANY	31.77x	11.54x	23.41x	0.62%	994B
JOHNSON & JOHNSON	29.54x	-	-	2.02%	640B
ABBVIE INC.	32.92x	7.63x	15.78x	2.67%	454B
ROCHE HOLDING AG	18.71x	4.57x	11.31x	2.91%	337B
NOVARTIS AG	19.41x	5.08x	12.59x	3.21%	261B
ASTRAZENECA PLC	20.34x	4.19x	11.96x	2.11%	246B
AMGEN INC.	23.87x	6.3x	11.23x	2.67%	204B
NOVO NORDISK A/S	12.3x	4.48x	9.37x	4.08%	190B
GILEAD SCIENCES, INC.	-43.47x	6.35x	24.81x	2.29%	178B
Average	16.65x	6.07x	14.74x	2.55%	351.71B
Weighted average by Cap.	23.19x	7.70x	17.08x	2.05%