Company Valuation: Recticel NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 974.8 868.4 592.6 589.8 553 718.7 - -
Change - -10.91% -31.76% -0.47% -6.24% 29.97% - -
Enterprise Value (EV) 1 1,123 1,117 430.7 515.4 525.6 737 714.7 682
Change - -0.51% -61.44% 19.68% 1.97% 40.22% -3.02% -4.57%
P/E 17.9x 13.6x 177x 32.8x 51.6x -180x 24.5x 19.5x
PBR 2.53x 1.98x 1.37x 1.33x 1.3x 1.76x 1.7x 1.62x
PEG - 0.8x -1.9x 0x -1.3x 1x -0x 0.8x
Capitalization / Revenue 0.94x 1.55x 1.12x 0.97x 0.84x 0.95x 0.86x 0.8x
EV / Revenue 1.09x 1.99x 0.81x 0.84x 0.8x 0.97x 0.86x 0.76x
EV / EBITDA 10.3x 18x 11x 10.4x 9.41x 10.7x 8.97x 7.63x
EV / EBIT 17x 25.9x 27.1x 27.2x 21.4x 20.9x 16.6x 13.2x
EV / FCF 11.1x 41.5x 15.2x -59.8x 240x -36.8x 23.1x 15.9x
FCF Yield 9.01% 2.41% 6.59% -1.67% 0.42% -2.71% 4.34% 6.3%
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% 2.43% 2.45% 2.51%
EPS 2 0.98 1.14 0.06 0.32 0.19 -0.0708 0.5194 0.6534
Distribution rate 29.6% 27.2% 517% 96.9% 163% -438% 60.2% 49%
Net sales 1 1,033 561.5 529.4 610.2 655.1 759.4 831.6 893.3
EBITDA 1 109.2 62.2 39.15 49.61 55.85 68.92 79.71 89.35
EBIT 1 66.1 43.11 15.9 18.93 24.56 35.25 42.96 51.81
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 12.74 12.74 12.74
Nbr of stocks (in thousands) 55,637 55,882 55,904 56,279 56,426 56,415 - -
Announcement Date 2/25/22 2/28/23 2/29/24 3/4/25 2/27/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-180.07x0.97x10.69x2.43% 805M
30.03x6.88x17.6x1.31% 227B
27.32x4.24x13.64x2.13% 120B
29.06x3.54x18.15x0.99% 78.22B
21.84x7.4x34.75x3.37% 78.58B
85.28x6.36x14.8x2.5% 64.35B
85.07x1.25x8.49x6.11% 36.2B
10.64x1.14x6.19x3.12% 31.19B
9x3.01x7.08x4.7% 24.29B
43.56x5.54x29.48x1.31% 24.01B
Average 16.17x 4.03x 16.09x 2.8% 68.49B
Weighted average by Cap. 35.20x 5.30x 17.71x 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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