Stock info Recticel | Filter  Basic-Info

Stock: Recticel (Bel small), ISIN: BE0003656676

Last Price 16.58 Max Price 16.88
Min Price 9.82 1 Year return 99.52
Avg. Target 19.58 Expected Return 18.09 %
Sector Industry Subsector Industrial Goods
Sell 0 Rating Star full 12x12Star full 12x12Star full 12x12Star full 12x12Star full 12x12
Hold 0 Concensus Cons buy
Buy 5
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.


Contact info:Street: Avenue des Olympiades 2 Zip Code: 1140City: BrusselsCountry: BelgiumPhone: 32 2 775 18 09Email: desmedt.michel@recticel.comWebsite: www.recticel.be

Sector Review Recticel

Year Turnover Total sector Market share
2005 1,392 124,934 1.11 %
2006 1,474 141,581 1.04 %
2007 1,612 163,595 0.99 %
2008 1,555 175,417 0.89 %
2009 1,277 157,741 0.81 %
2010 1,348 170,704 0.79 %
2011 1,378 190,053 0.73 %
2012 1,319 200,563 0.66 %
2013 977 207,545 0.47 %
2014 983 222,528 0.44 %
2015 1,034 237,132 0.44 %
2016 1,048 242,369 0.43 %
2017 1,135 261,527 0.43 %
2018 1,118 276,656 0.40 %
2019 1,039 296,756 0.35 %
2020 829 278,907 0.30 %

Advice Recticel

Date Label Bank Label Stock Label Advice Label Price Label Diff Label
October 13, 2021 ING Recticel Buy 22.00 24.64 %
October 13, 2021 KBC Securities Recticel Buy 18.00 7.89 %
October 13, 2021 Kepler Capital Markets Recticel Buy 20.70 19.90 %
September 02, 2021 Berenberg Recticel Buy 19.00 12.74 %
May 21, 2021 DeGroof Petercam Recticel Buy 18.20 8.90 %
April 17, 2020 Brean Capital Recticel Buy 9.00 -47.11 %
September 11, 2021 Kepler Capital Markets Recticel Hold 16.20 -2.35 %
August 27, 2021 KBC Securities Recticel Buy 16.00 -3.62 %
June 08, 2021 ING Recticel Buy 20.00 17.10 %
June 03, 2021 Kepler Capital Markets Recticel Hold 15.70 -5.61 %
May 19, 2021 KBC Securities Recticel Buy 16.00 -3.62 %
May 18, 2021 KBC Securities Recticel Buy 15.00 -10.53 %
May 18, 2021 DeGroof Petercam Recticel Hold 15.00 -10.53 %
May 13, 2021 ING Recticel Buy 18.00 7.89 %
April 28, 2021 Berenberg Recticel Buy 16.00 -3.62 %
April 19, 2021 KBC Securities Recticel Buy 14.00 -18.43 %
March 22, 2021 Berenberg Recticel Buy 15.00 -10.53 %
March 19, 2021 DeGroof Petercam Recticel Hold 13.00 -27.54 %
February 23, 2021 KBC Securities Recticel Buy 13.00 -27.54 %
January 08, 2021 Berenberg Recticel Buy 14.50 -14.34 %
December 16, 2020 DeGroof Petercam Recticel Hold 11.90 -39.33 %
December 07, 2020 ING Recticel Buy 15.00 -10.53 %
November 16, 2020 KBC Securities Recticel Buy 10.60 -48.30 %
September 15, 2020 ING Recticel Buy 12.00 -28.50 %
July 16, 2020 Berenberg Recticel Buy 10.50 -36.00 %
July 09, 2020 KBC Securities Recticel Buy 10.00 -40.80 %
July 09, 2020 DeGroof Petercam Recticel Buy 9.50 -48.21 %
June 16, 2020 ING Recticel Buy 11.00 -34.36 %
April 29, 2020 ING Recticel Buy 11.00 -17.82 %
April 29, 2020 DeGroof Petercam Recticel Buy 8.50 -52.47 %
April 08, 2020 Kepler Capital Markets Recticel Buy 8.70 -46.90 %
April 07, 2020 KBC Securities Recticel Buy 10.00 -27.80 %
April 07, 2020 ING Recticel Buy 9.50 -34.53 %
April 06, 2020 Kepler Capital Markets Recticel Hold 6.50 -95.69 %
April 06, 2020 DeGroof Petercam Recticel Buy 6.40 -98.75 %
March 30, 2020 DeGroof Petercam Recticel Hold 5.20 -138.85 %
March 30, 2020 Kepler Capital Markets Recticel Sell 5.00 -148.40 %
March 30, 2020 KBC Securities Recticel Buy 9.00 -38.00 %
March 27, 2020 Berenberg Recticel Buy 7.00 -77.43 %
March 17, 2020 Berenberg Recticel Buy 9.00 -32.44 %



News Recticel

Analysts expect sales decline Recticel

Tomorrow the Belgian Recticel will publish its past quarter figures. For this year the company, located in Brussels revenue will be around 1.24 billion euros. This is according to the average of the analysts' estimates. This is hugely lower than 2021's revenue...

Recticel this year among best Belgian shares

Because of the massive price gains of 35 percent this year the share belongs to one of the best shares of Belgium. Since the start of this year, the average Belgian stock has gained year around 14 percent in value. Over the past 3 months the stock price increased...



Annual reports Recticel

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Profile Recticel

Recticel

(BE0003656676)/ REC

The past year was a good year for Recticel investors

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.

Healthy financed: not so much debt Recticel

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 Recticel

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 Recticel

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 Recticel

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
14.54
Dividend
0.13
0.15
0.17
0.17
0.18
Dividend %
2.32 %
2.26 %
2.20 %
2.66 %
1.09 %
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
0.36
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
918.80

Dividend Recticel

Dividend
2015
2016
2017
2018
2019
2020
Dividend
0.10
0.13
0.15
0.17
0.17
0.18
Dividend %
2.33 %
2.32 %
2.26 %
2.20 %
2.66 %
1.09 %
Payout %
1.00
0.48
0.37
0.33
0.38
0.16

Price info Recticel

Date
Price
01 Dec 2021
16.58
29 Nov 2021
16.74
26 Nov 2021
16.74
24 Nov 2021
16.52
23 Nov 2021
16.44
18 Nov 2021
15.58
15 Nov 2021
15.72
11 Nov 2021
15.86
10 Nov 2021
15.92
06 Nov 2021
16.16
29 Oct 2021
16.00
28 Oct 2021
16.22
25 Oct 2021
16.36
22 Oct 2021
16.60
21 Oct 2021
16.78
20 Oct 2021
16.80
18 Oct 2021
16.88
16 Oct 2021
16.68
14 Oct 2021
15.76
11 Oct 2021
14.64
08 Oct 2021
14.64
07 Oct 2021
14.18
06 Oct 2021
14.48
05 Oct 2021
14.52
04 Oct 2021
14.28
02 Oct 2021
14.28
01 Oct 2021
14.36
28 Sep 2021
14.42
27 Sep 2021
14.54
24 Sep 2021
14.64