Company Valuation: Recticel NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 974.8 868.4 592.6 589.8 553 648.8 - -
Change - -10.91% -31.76% -0.47% -6.24% 17.32% - -
Enterprise Value (EV) 1 1,123 1,117 430.7 515.4 525.6 667 644.7 612.1
Change - -0.51% -61.44% 19.68% 1.97% 26.91% -3.34% -5.06%
P/E 17.9x 13.6x 177x 32.8x 51.6x -158x 23x 18x
PBR 2.53x 1.98x 1.37x 1.33x 1.3x 1.59x 1.54x 1.47x
PEG - 0.8x -1.9x 0x -1.3x 1x -0x 0.6x
Capitalization / Revenue 0.94x 1.55x 1.12x 0.97x 0.84x 0.86x 0.79x 0.74x
EV / Revenue 1.09x 1.99x 0.81x 0.84x 0.8x 0.88x 0.78x 0.7x
EV / EBITDA 10.3x 18x 11x 10.4x 9.41x 9.65x 8.12x 6.87x
EV / EBIT 17x 25.9x 27.1x 27.2x 21.4x 19x 15.2x 11.9x
EV / FCF 11.1x 41.5x 15.2x -59.8x 240x -33.4x 20.8x 14.2x
FCF Yield 9.01% 2.41% 6.59% -1.67% 0.42% -3% 4.81% 7.03%
Dividend per Share 2 0.29 0.31 0.31 0.31 0.31 0.31 0.3125 0.32
Rate of return 1.66% 1.99% 2.92% 2.96% 3.16% 2.7% 2.72% 2.78%
EPS 2 0.98 1.14 0.06 0.32 0.19 -0.0729 0.4998 0.6404
Distribution rate 29.6% 27.2% 517% 96.9% 163% -425% 62.5% 50%
Net sales 1 1,033 561.5 529.4 610.2 655.1 758.5 821.4 880.1
EBITDA 1 109.2 62.2 39.15 49.61 55.85 69.09 79.41 89.12
EBIT 1 66.1 43.11 15.9 18.93 24.56 35.1 42.53 51.58
Net income 1 53.52 63.18 3.31 18.13 10.2 -3.7 31.4 37.4
Net Debt 1 147.8 248.4 -161.9 -74.38 -27.42 18.23 -4.035 -36.68
Reference price 2 17.52 15.54 10.60 10.48 9.80 11.50 11.50 11.50
Nbr of stocks (in thousands) 55,637 55,882 55,904 56,279 56,426 56,415 - -
Announcement Date 2/25/22 A 2/28/23 A 2/29/24 A 3/4/25 A 2/27/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-157.79x0.88x9.65x2.7% 723M
31.04x7.09x18.14x1.26% 234B
28.25x4.36x14.05x2.1% 124B
29.16x3.55x18.15x0.99% 78.68B
19.22x6.85x30.45x3.85% 72.76B
91.18x6.71x15.62x2.35% 68.39B
89.5x1.33x9.26x5.8% 38.11B
10.94x1.08x5.85x2.82% 33.01B
17.25x0.86x6x4.13% 24.54B
15.83x1.8x10.58x2.56% 25.22B
Average 17.46x 3.45x 13.78x 2.85% 69.96B
Weighted average by Cap. 35.99x 5.14x 16.68x 2.22%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Recticel NV

Historical PBR trend

Valuation ratios - PBR - Recticel NV

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Recticel NV

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Recticel NV


Year-on-year evolution of the Yield

Valuation ratios - Yield - Recticel NV
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