RECORDATI INDUSTRIA CHIMICA (REC.MI) Stock Fundamental Analysis

Europe • Euronext Milan • BIT:REC • IT0003828271

47.92 EUR
+1.14 (+2.44%)
Last: Feb 3, 2026, 05:35 PM
Fundamental Rating

4

Taking everything into account, REC scores 4 out of 10 in our fundamental rating. REC was compared to 55 industry peers in the Pharmaceuticals industry. REC has a medium profitability rating, but doesn't score so well on its financial health evaluation. REC is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • REC had positive earnings in the past year.
  • In the past year REC had a positive cash flow from operations.
  • In the past 5 years REC has always been profitable.
  • In the past 5 years REC always reported a positive cash flow from operatings.
REC.MI Yearly Net Income VS EBIT VS OCF VS FCFREC.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 7.87%, REC is in line with its industry, outperforming 58.18% of the companies in the same industry.
  • The Return On Equity of REC (21.77%) is better than 67.27% of its industry peers.
  • REC has a Return On Invested Capital (12.31%) which is in line with its industry peers.
  • REC had an Average Return On Invested Capital over the past 3 years of 12.56%. This is in line with the industry average of 14.23%.
Industry RankSector Rank
ROA 7.87%
ROE 21.77%
ROIC 12.31%
ROA(3y)8.39%
ROA(5y)10.39%
ROE(3y)21.82%
ROE(5y)24.25%
ROIC(3y)12.56%
ROIC(5y)14.53%
REC.MI Yearly ROA, ROE, ROICREC.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • REC's Profit Margin of 16.42% is fine compared to the rest of the industry. REC outperforms 65.45% of its industry peers.
  • In the last couple of years the Profit Margin of REC has declined.
  • REC's Operating Margin of 26.76% is fine compared to the rest of the industry. REC outperforms 67.27% of its industry peers.
  • In the last couple of years the Operating Margin of REC has declined.
  • Looking at the Gross Margin, with a value of 67.79%, REC is doing worse than 61.82% of the companies in the same industry.
  • In the last couple of years the Gross Margin of REC has remained more or less at the same level.
Industry RankSector Rank
OM 26.76%
PM (TTM) 16.42%
GM 67.79%
OM growth 3Y-4.02%
OM growth 5Y-2.11%
PM growth 3Y-10.03%
PM growth 5Y-6.5%
GM growth 3Y-2.14%
GM growth 5Y-0.62%
REC.MI Yearly Profit, Operating, Gross MarginsREC.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so REC is still creating some value.
  • Compared to 1 year ago, REC has about the same amount of shares outstanding.
  • REC has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, REC has a worse debt to assets ratio.
REC.MI Yearly Shares OutstandingREC.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
REC.MI Yearly Total Debt VS Total AssetsREC.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

  • REC has an Altman-Z score of 3.41. This indicates that REC is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.41, REC is in line with its industry, outperforming 47.27% of the companies in the same industry.
  • REC has a Debt/Equity ratio of 1.16. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.16, REC is doing worse than 69.09% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.16
Debt/FCF N/A
Altman-Z 3.41
ROIC/WACC1.62
WACC7.62%
REC.MI Yearly LT Debt VS Equity VS FCFREC.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 1.47 indicates that REC should not have too much problems paying its short term obligations.
  • The Current ratio of REC (1.47) is comparable to the rest of the industry.
  • REC has a Quick Ratio of 1.01. This is a normal value and indicates that REC is financially healthy and should not expect problems in meeting its short term obligations.
  • REC's Quick ratio of 1.01 is in line compared to the rest of the industry. REC outperforms 47.27% of its industry peers.
Industry RankSector Rank
Current Ratio 1.47
Quick Ratio 1.01
REC.MI Yearly Current Assets VS Current LiabilitesREC.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

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6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 10.75% over the past year.
  • The Earnings Per Share has been growing slightly by 2.74% on average over the past years.
  • REC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.51%.
  • REC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.58% yearly.
EPS 1Y (TTM)10.75%
EPS 3Y3.03%
EPS 5Y2.74%
EPS Q2Q%-10.39%
Revenue 1Y (TTM)11.51%
Revenue growth 3Y14.01%
Revenue growth 5Y9.58%
Sales Q2Q%11.43%

3.2 Future

  • REC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.57% yearly.
  • The Revenue is expected to grow by 8.17% on average over the next years. This is quite good.
EPS Next Y4.53%
EPS Next 2Y8.6%
EPS Next 3Y10.16%
EPS Next 5Y12.57%
Revenue Next Year12.79%
Revenue Next 2Y9.74%
Revenue Next 3Y8.83%
Revenue Next 5Y8.17%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
REC.MI Yearly Revenue VS EstimatesREC.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1B 2B 3B 4B
REC.MI Yearly EPS VS EstimatesREC.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4

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2

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 24.32, the valuation of REC can be described as rather expensive.
  • The rest of the industry has a similar Price/Earnings ratio as REC.
  • REC is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.41, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 16.52, REC is valued correctly.
  • 61.82% of the companies in the same industry are more expensive than REC, based on the Price/Forward Earnings ratio.
  • REC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.64.
Industry RankSector Rank
PE 24.32
Fwd PE 16.52
REC.MI Price Earnings VS Forward Price EarningsREC.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • REC's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 13.89
REC.MI Per share dataREC.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)5.37
PEG (5Y)8.89
EPS Next 2Y8.6%
EPS Next 3Y10.16%

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5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 2.73%, REC has a reasonable but not impressive dividend return.
  • REC's Dividend Yield is a higher than the industry average which is at 1.95.
  • Compared to an average S&P500 Dividend Yield of 1.83, REC pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.73%

5.2 History

  • The dividend of REC has a limited annual growth rate of 5.70%.
Dividend Growth(5Y)5.7%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 64.48% of the earnings are spent on dividend by REC. This is not a sustainable payout ratio.
  • REC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP64.48%
EPS Next 2Y8.6%
EPS Next 3Y10.16%
REC.MI Yearly Income VS Free CF VS DividendREC.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M
REC.MI Dividend Payout.REC.MI Dividend Payout, showing the Payout Ratio.REC.MI Dividend Payout.PayoutRetained Earnings

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RECORDATI INDUSTRIA CHIMICA

BIT:REC (2/3/2026, 5:35:30 PM)

47.92

+1.14 (+2.44%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticals
Earnings (Last)11-11
Earnings (Next)02-11
Inst Owners31.02%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap10.02B
Revenue(TTM)2.48B
Net Income(TTM)407.26M
Analysts74.67
Price Target60.13 (25.48%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.73%
Yearly Dividend1.23
Dividend Growth(5Y)5.7%
DP64.48%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.34%
PT rev (3m)-0.35%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.27%
EPS NY rev (3m)-1.83%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.71%
Valuation
Industry RankSector Rank
PE 24.32
Fwd PE 16.52
P/S 4.04
P/FCF N/A
P/OCF 17.43
P/B 5.36
P/tB N/A
EV/EBITDA 13.89
EPS(TTM)1.97
EY4.11%
EPS(NY)2.9
Fwd EY6.05%
FCF(TTM)-1.43
FCFYN/A
OCF(TTM)2.75
OCFY5.74%
SpS11.86
BVpS8.94
TBVpS-6.58
PEG (NY)5.37
PEG (5Y)8.89
Graham Number19.91
Profitability
Industry RankSector Rank
ROA 7.87%
ROE 21.77%
ROCE 16.15%
ROIC 12.31%
ROICexc 13.4%
ROICexgc 85.95%
OM 26.76%
PM (TTM) 16.42%
GM 67.79%
FCFM N/A
ROA(3y)8.39%
ROA(5y)10.39%
ROE(3y)21.82%
ROE(5y)24.25%
ROIC(3y)12.56%
ROIC(5y)14.53%
ROICexc(3y)13.61%
ROICexc(5y)15.94%
ROICexgc(3y)107.06%
ROICexgc(5y)120.52%
ROCE(3y)16.51%
ROCE(5y)18.96%
ROICexgc growth 3Y-16.79%
ROICexgc growth 5Y-5.99%
ROICexc growth 3Y-13.14%
ROICexc growth 5Y-5.73%
OM growth 3Y-4.02%
OM growth 5Y-2.11%
PM growth 3Y-10.03%
PM growth 5Y-6.5%
GM growth 3Y-2.14%
GM growth 5Y-0.62%
F-Score6
Asset Turnover0.48
Health
Industry RankSector Rank
Debt/Equity 1.16
Debt/FCF N/A
Debt/EBITDA 2.54
Cap/Depr 464.32%
Cap/Sales 35.24%
Interest Coverage 7.76
Cash Conversion 67.5%
Profit Quality N/A
Current Ratio 1.47
Quick Ratio 1.01
Altman-Z 3.41
F-Score6
WACC7.62%
ROIC/WACC1.62
Cap/Depr(3y)284.95%
Cap/Depr(5y)216.99%
Cap/Sales(3y)19.98%
Cap/Sales(5y)14.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.75%
EPS 3Y3.03%
EPS 5Y2.74%
EPS Q2Q%-10.39%
EPS Next Y4.53%
EPS Next 2Y8.6%
EPS Next 3Y10.16%
EPS Next 5Y12.57%
Revenue 1Y (TTM)11.51%
Revenue growth 3Y14.01%
Revenue growth 5Y9.58%
Sales Q2Q%11.43%
Revenue Next Year12.79%
Revenue Next 2Y9.74%
Revenue Next 3Y8.83%
Revenue Next 5Y8.17%
EBIT growth 1Y11.3%
EBIT growth 3Y9.43%
EBIT growth 5Y7.27%
EBIT Next Year43.18%
EBIT Next 3Y18.7%
EBIT Next 5Y14.75%
FCF growth 1Y-168.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y13.39%
OCF growth 3Y5.01%
OCF growth 5Y12.33%

RECORDATI INDUSTRIA CHIMICA / REC.MI FAQ

What is the ChartMill fundamental rating of RECORDATI INDUSTRIA CHIMICA (REC.MI) stock?

ChartMill assigns a fundamental rating of 4 / 10 to REC.MI.


What is the valuation status of RECORDATI INDUSTRIA CHIMICA (REC.MI) stock?

ChartMill assigns a valuation rating of 2 / 10 to RECORDATI INDUSTRIA CHIMICA (REC.MI). This can be considered as Overvalued.


How profitable is RECORDATI INDUSTRIA CHIMICA (REC.MI) stock?

RECORDATI INDUSTRIA CHIMICA (REC.MI) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for REC stock?

The Price/Earnings (PE) ratio for RECORDATI INDUSTRIA CHIMICA (REC.MI) is 24.32 and the Price/Book (PB) ratio is 5.36.


Can you provide the financial health for REC stock?

The financial health rating of RECORDATI INDUSTRIA CHIMICA (REC.MI) is 3 / 10.