Recticel SA/NV/€RECT
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Recticel SA/NV
Recticel SA/NV, founded in 1896 and headquartered in Brussels, Belgium, specializes in the development and manufacturing of polyurethane foam-based insulation products. The company's core offerings include thermal insulation boards made from high-performance polyisocyanurate (PIR) foam for residential and non-residential applications, thermal acoustic boards for partition walls, and vacuum insulation solutions for sectors such as building and construction, cold chain packaging, and transportation. Recticel also provides insulated panels, including mineral wool insulated panels and modular units for commercial, hospitality, education, and industrial facilities. In addition, the company offers acoustic solutions encompassing absorption materials, barrier engineered solutions, damping products, gasketing solutions, and thermal solutions, serving industries like aerospace, heavy-duty vehicles, industrial equipment, and medical equipment manufacturing. With operations spanning Belgium, France, the Netherlands, Germany, Slovenia, other European Union countries, the United Kingdom, the United States, and internationally, Recticel maintains a significant geographic footprint. The company's strategic positioning is reinforced by its focus on providing innovative, lightweight, and sustainable comfort solutions across multiple industries.
- Ticker
- €RECT
- Sector
- Industrials
- Primary listing
- BSE
- Employees
- 1,245
- Headquarters
- Brussels, Belgium
- Website
- www.recticel.com
Recticel SA/NV Metrics
BasicAdvanced
€718M
-
-€0.10
1.00
€0.22
1.71%
Price and volume
Market cap
€718M
Beta
1
52-week high
€13.82
52-week low
€8.24
Average daily volume
68K
Dividend rate
€0.22
Financial strength
Current ratio
1.416
Quick ratio
0.909
Long term debt to equity
0.329
Total debt to equity
0.376
Interest coverage (TTM)
14.68%
Profitability
EBITDA (TTM)
57.159
Gross margin (TTM)
17.74%
Net profit margin (TTM)
-0.77%
Operating margin (TTM)
4.40%
Effective tax rate (TTM)
17.55%
Revenue per employee (TTM)
€570,000
Management effectiveness
Return on assets (TTM)
2.37%
Return on equity (TTM)
5.19%
Valuation
Price to revenue (TTM)
1.009
Price to book
1.82
Price to tangible book (TTM)
3.31
Price to free cash flow (TTM)
96.348
Free cash flow yield (TTM)
1.04%
Free cash flow per share (TTM)
0.131
Dividend yield (TTM)
1.71%
Forward dividend yield
1.71%
Growth
Revenue change (TTM)
9.78%
Earnings per share change (TTM)
-148.48%
3-year revenue growth (CAGR)
7.80%
10-year revenue growth (CAGR)
-3.83%
3-year earnings per share growth (CAGR)
-43.46%
10-year earnings per share growth (CAGR)
-9.81%
What the Analysts think about Recticel SA/NV
Analyst ratings (Buy, Hold, Sell) for Recticel SA/NV stock.
Analyst projections of the future price of Recticel SA/NV stock.
Bulls say / Bears say
Recticel’s first-half sales rose 16.4% to €390.1 million, while adjusted EBITDA increased 28.9% to €35.7 million and the margin reached 9.2%. Management also confirmed an adjusted EBITDA target of about €70 million for 2026. (Finanzwire, MarketScreener)
The group is moving towards higher-value products: the share of smart-performance and downstream sales rose from 20.3% to 24.4% in the first half. Its Belgian polyol-recycling plant has started production and the Tennessee insulated-panel plant is scheduled to start in the fourth quarter, supporting differentiation and future capacity. (Ideal Investisseur, Finanzwire)
The Isopanel acquisition adds installation expertise in hygienic cold storage and isothermal industrial buildings. Recticel says the deal, valued at up to €16.5 million, should add higher-value downstream work and create synergies with its existing panel businesses. (Webdisclosure)
The headline recovery is not yet translating cleanly into group earnings. H1 reported a €15.98 million net loss, while discontinued operations recorded a €25.6 million loss; continuing operations were profitable, but the legacy drag remains material. (MarketScreener, Simply Wall St)
Demand remains exposed to a fragile construction market and uneven project timing. Recticel reported delays to some European projects and Middle East and Asian shipments, while independent coverage said first-quarter growth was entirely acquisition-led before a later order and volume rebound. (Finanzwire, OCU Inversiones)
Raw-material and energy volatility could squeeze profitability even when it lifts reported sales. An independent assessment says Recticel can pass cost changes through in a competitive, oversupplied market, but that a rise in input prices would probably have little or no benefit for profit; the company also expects raw-material costs to remain high. (Test-Achats, Finanzwire)
Data summarised monthly by Lightyear AI. Last updated on 24 Sept 2026.
Recticel SA/NV Financial Performance
Revenues and expenses
Recticel SA/NV Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Recticel SA/NV
AllEURGBP
Fund name | Fund size | €RECT weighting |
|---|---|---|
SPDR MSCI All Country World IM€SPYI | €7.5B | 0.04% |
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.04% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.