Recordati Industria Chimica e Farmaceutica S.p.A. Logo

Recordati Industria Chimica e Farmaceutica S.p.A.

REC.MI

(2.0)
Stock Price

50,35 EUR

24.81% ROA

27.33% ROE

27.62x PER

Market Cap.

10.394.366.311,00 EUR

105.26% DER

2.32% Yield

21.9% NPM

Recordati Industria Chimica e Farmaceutica S.p.A. Stock Analysis

Recordati Industria Chimica e Farmaceutica S.p.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Recordati Industria Chimica e Farmaceutica S.p.A. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (24.2%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

4 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

5 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (245), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

6 PBV

The stock's high Price-to-Book Value (P/BV) ratio (5.77x) suggests it's overvalued, potentially making it an expensive investment.

7 DER

The company has a high debt to equity ratio (116%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Recordati Industria Chimica e Farmaceutica S.p.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Recordati Industria Chimica e Farmaceutica S.p.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Recordati Industria Chimica e Farmaceutica S.p.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Recordati Industria Chimica e Farmaceutica S.p.A. Revenue
Year Revenue Growth
2003 487.535.000
2004 488.308.000 0.16%
2005 576.080.000 15.24%
2006 576.186.000 0.02%
2007 628.435.000 8.31%
2008 689.634.000 8.87%
2009 747.524.000 7.74%
2010 728.134.000 -2.66%
2011 762.036.000 4.45%
2012 828.317.000 8%
2013 941.630.000 12.03%
2014 987.356.000 4.63%
2015 1.047.676.000 5.76%
2016 1.153.942.000 9.21%
2017 1.288.123.000 10.42%
2018 1.352.235.000 4.74%
2019 1.481.848.000 8.75%
2020 1.448.867.000 -2.28%
2021 1.580.074.000 8.3%
2022 1.853.307.000 14.74%
2023 2.047.608.000 9.49%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Recordati Industria Chimica e Farmaceutica S.p.A. Research and Development Expenses
Year Research and Development Expenses Growth
2003 32.766.000
2004 37.311.000 12.18%
2005 44.959.000 17.01%
2006 45.395.000 0.96%
2007 49.122.000 7.59%
2008 58.860.000 16.54%
2009 69.445.000 15.24%
2010 68.841.000 -0.88%
2011 55.956.000 -23.03%
2012 63.407.000 11.75%
2013 74.725.000 15.15%
2014 85.267.000 12.36%
2015 76.736.000 -11.12%
2016 83.710.000 8.33%
2017 100.256.000 16.5%
2018 109.693.000 8.6%
2019 129.681.000 15.41%
2020 146.236.000 11.32%
2021 166.138.000 11.98%
2022 220.102.000 24.52%
2023 252.784.000 12.93%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Recordati Industria Chimica e Farmaceutica S.p.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 21.134.000
2004 21.844.000 3.25%
2005 25.301.000 13.66%
2006 27.167.000 6.87%
2007 33.927.000 19.93%
2008 39.372.000 13.83%
2009 43.718.000 9.94%
2010 44.026.000 0.7%
2011 45.386.000 3%
2012 45.486.000 0.22%
2013 54.093.000 15.91%
2014 57.173.000 5.39%
2015 58.980.000 3.06%
2016 64.784.000 8.96%
2017 65.582.000 1.22%
2018 67.722.000 3.16%
2019 72.783.000 6.95%
2020 72.785.000 0%
2021 84.495.000 13.86%
2022 109.493.000 22.83%
2023 127.156.000 13.89%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Recordati Industria Chimica e Farmaceutica S.p.A. EBITDA
Year EBITDA Growth
2003 71.626.000
2004 112.674.000 36.43%
2005 133.188.000 15.4%
2006 143.648.000 7.28%
2007 157.465.000 8.77%
2008 174.173.000 9.59%
2009 193.266.000 9.88%
2010 181.734.000 -6.35%
2011 187.742.000 3.2%
2012 206.106.000 8.91%
2013 239.549.000 13.96%
2014 278.107.000 13.86%
2015 319.867.000 13.06%
2016 379.600.000 15.74%
2017 451.578.000 15.94%
2018 499.769.000 9.64%
2019 544.364.000 8.19%
2020 573.442.000 5.07%
2021 596.313.000 3.84%
2022 619.120.000 3.68%
2023 630.780.000 1.85%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Recordati Industria Chimica e Farmaceutica S.p.A. Gross Profit
Year Gross Profit Growth
2003 287.786.000
2004 309.034.000 6.88%
2005 375.457.000 17.69%
2006 384.175.000 2.27%
2007 422.085.000 8.98%
2008 467.438.000 9.7%
2009 511.901.000 8.69%
2010 488.069.000 -4.88%
2011 502.059.000 2.79%
2012 534.760.000 6.12%
2013 614.301.000 12.95%
2014 660.302.000 6.97%
2015 712.466.000 7.32%
2016 792.983.000 10.15%
2017 905.369.000 12.41%
2018 956.666.000 5.36%
2019 1.044.947.000 8.45%
2020 1.042.036.000 -0.28%
2021 1.152.347.000 9.57%
2022 1.286.570.000 10.43%
2023 1.333.444.000 3.52%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Recordati Industria Chimica e Farmaceutica S.p.A. Net Profit
Year Net Profit Growth
2003 23.747.000
2004 53.964.000 55.99%
2005 64.543.000 16.39%
2006 74.031.000 12.82%
2007 84.865.000 12.77%
2008 100.429.000 15.5%
2009 110.566.000 9.17%
2010 108.580.000 -1.83%
2011 116.446.000 6.76%
2012 118.484.000 1.72%
2013 133.678.000 11.37%
2014 161.187.000 17.07%
2015 198.792.000 18.92%
2016 237.406.000 16.26%
2017 288.762.000 17.78%
2018 312.376.000 7.56%
2019 368.825.000 15.31%
2020 354.984.000 -3.9%
2021 385.966.000 8.03%
2022 312.336.000 -23.57%
2023 307.684.000 -1.51%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Recordati Industria Chimica e Farmaceutica S.p.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 1 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 100%
2017 1 0%
2018 2 0%
2019 2 0%
2020 2 0%
2021 2 0%
2022 2 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Recordati Industria Chimica e Farmaceutica S.p.A. Free Cashflow
Year Free Cashflow Growth
2003 46.189.000
2004 89.133.000 48.18%
2005 19.742.000 -351.49%
2006 76.024.000 74.03%
2007 76.831.000 1.05%
2008 103.912.000 26.06%
2009 126.622.000 17.94%
2010 105.998.000 -19.46%
2011 77.241.000 -37.23%
2012 49.884.000 -54.84%
2013 92.019.000 45.79%
2014 154.048.000 40.27%
2015 213.682.000 27.91%
2016 218.495.000 2.2%
2017 -47.989.000 555.3%
2018 287.023.000 116.72%
2019 -124.418.000 330.69%
2020 271.897.000 145.76%
2021 404.290.000 32.75%
2022 365.352.000 -10.66%
2023 -189.028.000 293.28%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Recordati Industria Chimica e Farmaceutica S.p.A. Operating Cashflow
Year Operating Cashflow Growth
2003 67.334.000
2004 96.895.000 30.51%
2005 83.061.000 -16.66%
2006 96.594.000 14.01%
2007 91.820.000 -5.2%
2008 147.616.000 37.8%
2009 155.019.000 4.78%
2010 140.575.000 -10.27%
2011 121.460.000 -15.74%
2012 112.752.000 -7.72%
2013 170.119.000 33.72%
2014 179.155.000 5.04%
2015 247.372.000 27.58%
2016 255.436.000 3.16%
2017 272.711.000 6.33%
2018 371.577.000 26.61%
2019 334.027.000 -11.24%
2020 403.575.000 17.23%
2021 491.650.000 17.91%
2022 461.691.000 -6.49%
2023 138.094.000 -234.33%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Recordati Industria Chimica e Farmaceutica S.p.A. Capital Expenditure
Year Capital Expenditure Growth
2003 21.145.000
2004 7.762.000 -172.42%
2005 63.319.000 87.74%
2006 20.570.000 -207.82%
2007 14.989.000 -37.23%
2008 43.704.000 65.7%
2009 28.397.000 -53.9%
2010 34.577.000 17.87%
2011 44.219.000 21.81%
2012 62.868.000 29.66%
2013 78.100.000 19.5%
2014 25.107.000 -211.07%
2015 33.690.000 25.48%
2016 36.941.000 8.8%
2017 320.700.000 88.48%
2018 84.554.000 -279.28%
2019 458.445.000 81.56%
2020 131.678.000 -248.16%
2021 87.360.000 -50.73%
2022 96.339.000 9.32%
2023 327.122.000 70.55%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Recordati Industria Chimica e Farmaceutica S.p.A. Equity
Year Equity Growth
2003 255.658.000
2004 261.769.000 2.33%
2005 324.697.000 19.38%
2006 366.802.000 11.48%
2007 390.603.000 6.09%
2008 445.716.000 12.37%
2009 508.960.000 12.43%
2010 575.978.000 11.64%
2011 594.440.000 3.11%
2012 661.344.000 10.12%
2013 701.752.000 5.76%
2014 787.348.000 10.87%
2015 869.907.000 9.49%
2016 903.830.000 3.75%
2017 1.027.090.000 12%
2018 963.586.000 -6.59%
2019 1.198.811.000 19.62%
2020 1.276.260.000 6.07%
2021 1.381.625.000 7.63%
2022 1.546.248.000 10.65%
2023 1.725.013.000 10.36%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Recordati Industria Chimica e Farmaceutica S.p.A. Assets
Year Assets Growth
2003 505.203.000
2004 578.942.000 12.74%
2005 647.399.000 10.57%
2006 670.847.000 3.5%
2007 754.692.000 11.11%
2008 815.947.000 7.51%
2009 823.479.000 0.91%
2010 901.074.000 8.61%
2011 977.464.000 7.82%
2012 1.086.888.000 10.07%
2013 1.283.811.000 15.34%
2014 1.375.225.000 6.65%
2015 1.468.886.000 6.38%
2016 1.560.743.000 5.89%
2017 2.056.407.000 24.1%
2018 2.163.432.000 4.95%
2019 2.808.930.000 22.98%
2020 2.711.654.000 -3.59%
2021 2.816.199.000 3.71%
2022 3.998.823.000 29.57%
2023 4.231.560.000 5.5%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Recordati Industria Chimica e Farmaceutica S.p.A. Liabilities
Year Liabilities Growth
2003 249.545.000
2004 317.173.000 21.32%
2005 322.702.000 1.71%
2006 304.045.000 -6.14%
2007 364.073.000 16.49%
2008 370.205.000 1.66%
2009 314.481.000 -17.72%
2010 325.068.000 3.26%
2011 382.984.000 15.12%
2012 425.491.000 9.99%
2013 581.991.000 26.89%
2014 587.803.000 0.99%
2015 598.894.000 1.85%
2016 656.803.000 8.82%
2017 1.029.170.000 36.18%
2018 1.199.846.000 14.22%
2019 1.610.119.000 25.48%
2020 1.435.394.000 -12.17%
2021 1.434.574.000 -0.06%
2022 2.452.575.000 41.51%
2023 2.506.547.000 2.15%

Recordati Industria Chimica e Farmaceutica S.p.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
9.89
Net Income per Share
1.83
Price to Earning Ratio
27.62x
Price To Sales Ratio
5.12x
POCF Ratio
20.35
PFCF Ratio
77.98
Price to Book Ratio
6.01
EV to Sales
5.86
EV Over EBITDA
16.72
EV to Operating CashFlow
23.37
EV to FreeCashFlow
89.34
Earnings Yield
0.04
FreeCashFlow Yield
0.01
Market Cap
10,39 Bil.
Enterprise Value
11,91 Bil.
Graham Number
18.58
Graham NetNet
-7.94

Income Statement Metrics

Net Income per Share
1.83
Income Quality
1.36
ROE
0.23
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
1.17
EBT Per Ebit
0.7
Ebit per Revenue
0.27
Effective Tax Rate
-0.17

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0.12
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.76
Operating Profit Margin
0.27
Pretax Profit Margin
0.19
Net Profit Margin
0.22

Dividends

Dividend Yield
0.02
Dividend Yield %
2.32
Payout Ratio
0.64
Dividend Per Share
1.17

Operating Metrics

Operating Cashflow per Share
2.48
Free CashFlow per Share
0.65
Capex to Operating CashFlow
-0.74
Capex to Revenue
-0.19
Capex to Depreciation
-2.7
Return on Invested Capital
0.13
Return on Tangible Assets
0.25
Days Sales Outstanding
89.07
Days Payables Outstanding
145.46
Days of Inventory on Hand
231.07
Receivables Turnover
4.1
Payables Turnover
2.51
Inventory Turnover
1.58
Capex per Share
-1.83

Balance Sheet

Cash per Share
1,47
Book Value per Share
8,40
Tangible Book Value per Share
-4.83
Shareholders Equity per Share
8.4
Interest Debt per Share
9.15
Debt to Equity
1.05
Debt to Assets
0.43
Net Debt to EBITDA
2.13
Current Ratio
1.28
Tangible Asset Value
-0,99 Bil.
Net Current Asset Value
-1,28 Bil.
Invested Capital
1.05
Working Capital
0,27 Bil.
Intangibles to Total Assets
0.64
Average Receivables
0,48 Bil.
Average Payables
0,25 Bil.
Average Inventory
413680000
Debt to Market Cap
0.17

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Recordati Industria Chimica e Farmaceutica S.p.A. Dividends
Year Dividends Growth
1995 250
1996 300 16.67%
1997 300 0%
1998 300 0%
1999 300 0%
2000 300 0%
2001 300 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 100%
2021 1 0%
2022 1 0%
2023 1 0%

Recordati Industria Chimica e Farmaceutica S.p.A. Profile

About Recordati Industria Chimica e Farmaceutica S.p.A.

Recordati Industria Chimica e Farmaceutica S.p.A., together with its subsidiaries, engages in the research, development, manufacture, marketing, and sale of pharmaceuticals worldwide. The company offers pharmaceuticals in various therapeutic areas, including cardiovascular, dermatology, over the counter/non-prescription pharmaceuticals, urology, anti-infectives, central nervous system, gastrointestinal, gynecology and obstetrics, musculo-skeletal disorders and analgesia, nutrition and related products, cosmetics, dietary supplements, medical devices, allergy, endocrinology, respiratory, pain management/inflammation, generics, antipyretics and cold preparations, and oncology, as well as ear, nose, and throat. It also provides products for rare diseases; and pharmaceutical chemicals, such as chemical syntheses, active pharmaceutical ingredients, and intermediates. The company was founded in 1926 and is headquartered in Milan, Italy. Recordati Industria Chimica e Farmaceutica S.p.A. operates as a subsidiary of Rossini S.à R.L.

CEO
Dr. Robert Koremans M.D.
Employee
4.450
Address
1, Via Matteo Civitali
Milan, 20148

Recordati Industria Chimica e Farmaceutica S.p.A. Executives & BODs

Recordati Industria Chimica e Farmaceutica S.p.A. Executives & BODs
# Name Age
1 Dr. Robert Koremans M.D.
Chief Executive Officer & Director
70
2 Ms. Bibianne Bon
Group Chief Legal Officer
70
3 Mr. Roberto Teruzzi
Executive Vice President of Group Industrial Operations
70
4 Ms. Laura Conti
Group Communications Director
70
5 Mr. Gabriele Finzi
Executive Vice President of Corporate Development, Licensing & Innovation
70
6 Mr. Giampiero Mazza
Executive Director
70
7 Ms. Eugenia Litz
Vice President & Head of Investor Relations
70
8 Ms. Cathrin Petty
Executive Director
70
9 Mr. Giorgio De Palma
Executive Director
70
10 Mr. Luigi Felice La Corte
Group Chief Financial Officer & Executive Director
70

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