Recticel SA
Recticel SA is a chemicals company that produces commodity chemicals and operates in the basic materials sector, primarily generating revenue through the manufacturing and sale of chemical products.
Business. Recticel SA (RECT.BR) is a Belgian company operating in the commodity chemicals industry within the broader chemicals sector. The firm is headquartered in Belgium and is primarily listed on the Euronext Brussels exchange. Specific details regarding its operating segments and geographic revenue mix are not available.
Analyst recommendations
6 analysts · consensus BuyAt a glance
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- Company
- EarningsQ2 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Recticel SA (RECT.BR) is a Belgian company operating in the commodity chemicals industry within the broader chemicals sector. The firm is headquartered in Belgium and is primarily listed on the Euronext Brussels exchange. Specific details regarding its operating segments and geographic revenue mix are not available.
Recticel maintains a strong liquidity position, with a current ratio of 1.83 and cash and equivalents amounting to EUR 82.25 million, which supports its short-term obligations. The company's debt-to-equity ratio is 0.13, indicating a conservative capital structure with limited leverage.
Profitability metrics show that Recticel's return on equity is 2.39%, and its return on assets is 1.49%, both of which are below the industry median for commodity chemicals. The company's operating income of EUR 8.39 million and net income of EUR 10.20 million reflect modest profitability relative to its asset base.
Recticel's revenue is concentrated in the chemicals segment, with no disclosed geographic diversification in the provided data. The company's exposure to a single business line may increase its vulnerability to sector-specific downturns.
The company's growth trajectory is mixed, with a free cash flow of EUR -14.87 million and capital expenditures of EUR -34.28 million in the latest period. While revenue remains stable at EUR 655.08 million, the negative free cash flow suggests reinvestment in operations rather than distribution to shareholders.
Risk factors for Recticel include low liquidity risk and low dilution risk, with no immediate filing-based flags detected. The company's low leverage and strong cash position reduce financial risk, but its modest profitability and reinvestment needs may limit long-term returns.
Recent events include analyst price targets ranging from EUR 10.90 to EUR 14.70, with a mean recommendation of 2.17, indicating a generally positive outlook from the investment community.
- Recticel maintains a conservative capital structure with a low debt-to-equity ratio of 0.13 and strong liquidity.
- The company's profitability is modest, with ROE and ROA below industry medians for commodity chemicals.
- Revenue is concentrated in a single business segment, with no disclosed geographic diversification.
- Free cash flow is negative, indicating reinvestment in operations rather than shareholder returns.
- Analysts have a generally positive outlook, with a mean price target of EUR 12.60 and a recommendation of 2.17.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,42 |
| Revenue | —no estimate | —no estimate | 719,0M EUR |
| Operating income | —no estimate | —no estimate | 32,9M EUR |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
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- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Recticel SA Market data — financials · 2026-05-29
- Recticel SA Market data — analyst estimates · 2026-05-29
- Recticel SA Market data — ESG · 2026-05-29
Ownership & reference
Insider activity
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Operating income (annual): USD 3.31MUnknown
- Pre-tax income (annual): USD 3.68MUnknown
- Gross profit (annual): USD 12.78MUnknown
- Total operating expenses (annual): USD 9.48MUnknown
- EPS (basic) (annual): USD-PER-SHARES 0Unknown
- Operating cash flow (annual): USD -1.67MUnknown
- EPS (diluted) (annual): USD-PER-SHARES 0Unknown
- Cost of revenue (annual): USD 26.96MUnknown
- Revenue (annual): USD 39.74MUnknown
- Net income (annual): USD 2.78MUnknown
- Capex (annual): USD 153.02KUnknown
- Cost of revenue (YoY) (2025-03-31 vs 2024-03-31): 9.3%Derived (calculated)
- Gross margin (FY 2025-03-31): 33.7%Derived (calculated)
- Revenue (YoY) (2025-03-31 vs 2024-03-31): 6.1%Derived (calculated)
- Operating cash flow (YoY) (2025-03-31 vs 2024-03-31): -95.2%Derived (calculated)
- R&D expense (YoY) (2025-03-31 vs 2024-03-31): 105.9%Derived (calculated)
- Operating income (YoY) (2025-03-31 vs 2024-03-31): -46.1%Derived (calculated)
- Gross profit (YoY) (2025-03-31 vs 2024-03-31): 0.4%Derived (calculated)
- EPS (basic) (YoY) (2025-03-31 vs 2024-03-31): -40.0%Derived (calculated)
- Net income (YoY) (2025-03-31 vs 2024-03-31): -33.2%Derived (calculated)
- Capex (YoY) (2025-03-31 vs 2024-03-31): 162.2%Derived (calculated)
- Net margin (FY 2025-03-31): 5.1%Derived (calculated)
- EPS (diluted) (YoY) (2025-03-31 vs 2024-03-31): -40.0%Derived (calculated)
- Revenue (annual): USD 32.57MSEC XBRL filing