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Recordati Industria Chimica e Farmaceutica S.p.A. (REC.MI)

EUR51.30 -0.05 (-0.10%)
IT MIL Healthcare Medical - Pharmaceuticals
Address Via Matteo Civitali,1 20148
Milan, MI, IT
CEO Robert Koremans
IPO 1995-03-24
ISIN IT0003828271

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Also trades on Italian Stock Exchange · REC.MI (EUR) Other OTC · RCDTF (USD)
Description

Recordati Industria Chimica e Farmaceutica S.p.A., together with its subsidiaries, researches, develops, produces, and sells pharmaceuticals in Italy, the United States, Spain, France, Germany, Russia, Ukraine, Turkey, Portugal, North Africa, and internationally. It operates through Specialty and Primary Care; and Rare Diseases segments. The company develops Maapliv for maple syrup urine disease; Isturia for endogenous Cushing’s syndrome; Cystadrops treatment of the ocular manifestations of cystinosis; Carbaglu for hyperammonemia due to n-acetyl glutamate synthase deficiency; Qarziba for neuroblastoma patients and patients with relapsed or refractory neuroblastoma; and Fotivda for renal cell carcinoma. It also develops Sylvant for idiopathic multicentric castleman diseases; Caphosol for oral mucositis; ENJAYMO for hemolysis in adults with cold agglutinin disease; Zanidip, Zanipress, Vazkepa, and Logimax for hypertension; Urorec and Avodart for symptoms of benign prostatic hyperplasia; and Livazo for dyslipidemia; Combodart/Duodart; Seloken for angina pectoris, myocardial infarction and cardiac rhythm disorders, as well as hypertension and functional heart disorders. In addition, the company offers Procto-Glyveno for internal and external hemorrhoids; Polydexa, Isofra, and Otofa for ear, nose and throat infections; Isturisa, for Cushing’s syndrome; Normosang, human hemin; Juxtapid, homozygous familial hypercholesterolemia;Ledaga, mycosis fungoides, T-cell cutaneous lymphoma;Tergynan, an anti-infective for gynecological infections; CitraFleet and Phosphosoda as bowel cleansers; Lomexin for gynecological and dermatological infections; Hexaspray, treatments for the oral cavity; Magnesio Supremo, a dietary supplement; Reaglia for schizophrenia; Eligard for hormone-dependent prostate cancer; and pasireotide in Phase II trial for patients with post-bariatric hypoglycemia, as well as other products. The company was founded in 1926 and is headquartered in Milan, Italy.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR51.30 -0.05 (-0.10%)
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Volume Profile
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Liquidity & share structure
Average Volume
463.6K
Beta
0.53
Float Shares
105.62M
Free Float %
51.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.58% +2.79% +2.18% +8.79% -1.44% +6.67% +0.10% +14.44% +14.52% +112.72% +21,247.15%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
51.30
DCF (Unlevered) 164.64 +220.9%
DCF (Levered) 148.09 +188.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 58% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 4 0
Hold 5 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.61
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Medical - Pharmaceuticals: +7.8%
    +11.8% Q1'26: +4.9% (vs Q1'25)
  • EPS growth Medical - Pharmaceuticals: +20.2%
    +6.5% Q1'26: +21.7% (vs Q1'25)
  • FCF margin FCF growth · Medical - Pharmaceuticals: +43.3%
    +15.9% Q1'26: +12.9% (vs Q1'25)
  • EBIT margin Medical - Pharmaceuticals: +6.8%
    +26.0% Q1'26: +32.5% (vs Q1'25)
  • ROIC Medical - Pharmaceuticals: +6.1%
    +13.1% Q1'26: +17.5% (vs Q1'25)
  • Share dilution Medical - Pharmaceuticals: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Medical - Pharmaceuticals: 0.21×
    2.78× Q1'26: 2.08× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.52) × ERP
WACC = 81% × Ke + 19% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 164.66 Current price: 51.30
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
10 Rev. Ana.
9 EPS Ana.
Dec 2027
10 Rev. Ana.
8 EPS Ana.
Dec 2028
8 Rev. Ana.
7 EPS Ana.
Dec 2029
7 Rev. Ana.
2 EPS Ana.
Dec 2030
7 Rev. Ana.
5 EPS Ana.
Revenue
1.05B
est: 1.05B (0.0%)
1.15B
est: 1.15B (+0.0%)
1.29B
est: 1.29B (+0.0%)
1.35B
est: 1.35B (0.0%)
1.48B
est: 1.47B (+0.7%)
1.45B
est: 1.47B (-1.2%)
1.58B
est: 1.58B (+0.1%)
1.85B
est: 1.84B (+0.5%)
2.08B
est: 2.22B (-6.4%)
2.34B
est: 2.32B (+0.8%)
2.62B
est: 2.62B (-0.1%)
2.78B
2.76B – 2.82B
+6.2% YoY
3.01B
2.90B – 3.09B
+8.2% YoY
3.19B
3.17B – 3.20B
+5.8% YoY
3.52B
3.45B – 3.60B
+10.6% YoY
3.70B
3.62B – 3.78B
+4.9% YoY
EBITDA
321.76M
est: 364.35M (-11.7%)
377.71M
est: 401.29M (-5.9%)
456.66M
est: 447.96M (+1.9%)
501.50M
est: 470.39M (+6.6%)
537.15M
est: 511.91M (+4.9%)
566.83M
est: 510.03M (+11.1%)
578.35M
est: 548.73M (+5.4%)
559.35M
est: 641.60M (-12.8%)
708.16M
est: 750.00M (-5.6%)
795.37M
est: 783.23M (+1.6%)
887.00M
est: 883.86M (+0.4%)
938.73M
931.63M – 952.51M
+6.2% YoY
1.02B
979.36M – 1.04B
+8.2% YoY
1.07B
1.07B – 1.08B
+5.8% YoY
1.19B
1.16B – 1.21B
+10.6% YoY
1.25B
1.22B – 1.27B
+4.9% YoY
EBIT
283.27M
est: 294.34M (-3.8%)
339.78M
est: 324.18M (+4.8%)
408.51M
est: 361.88M (+12.9%)
440.22M
est: 380.01M (+15.8%)
459.12M
est: 413.55M (+11.0%)
473.16M
est: 412.03M (+14.8%)
480.77M
est: 443.30M (+8.5%)
433.59M
est: 518.32M (-16.3%)
565.49M
est: 595.09M (-5.0%)
628.35M
est: 621.46M (+1.1%)
680.56M
est: 701.31M (-3.0%)
744.84M
739.21M – 755.77M
+6.2% YoY
805.87M
777.09M – 827.62M
+8.2% YoY
852.90M
849.24M – 856.55M
+5.8% YoY
943.06M
922.13M – 962.94M
+10.6% YoY
989.62M
967.66M – 1.01B
+4.9% YoY
Net Income
198.79M
est: 200.77M (-1.0%)
237.41M
est: 239.10M (-0.7%)
288.76M
est: 293.84M (-1.7%)
312.38M
est: 315.07M (-0.9%)
368.83M
est: 335.73M (+9.9%)
354.98M
est: 381.40M (-6.9%)
385.97M
est: 411.17M (-6.1%)
312.34M
est: 432.43M (-27.8%)
389.21M
est: 387.01M (+0.6%)
416.51M
est: 555.49M (-25.0%)
443.62M
est: 639.09M (-30.6%)
653.29M
612.95M – 693.63M
+2.2% YoY
761.92M
733.97M – 789.87M
+16.6% YoY
733.88M
721.88M – 1.02B
-3.7% YoY
961.08M
933.35M – 987.42M
+31.0% YoY
1.01B
980.79M – 1.04B
+5.1% YoY
SGA
352.18M
est: 308.52M (+14.2%)
369.22M
est: 339.79M (+8.7%)
396.38M
est: 379.31M (+4.5%)
401.22M
est: 398.31M (+0.7%)
445.59M
est: 433.46M (+2.8%)
421.86M
est: 431.87M (-2.3%)
480.89M
est: 464.65M (+3.5%)
572.16M
est: 543.28M (+5.3%)
601.11M
est: 648.82M (-7.4%)
654.38M
est: 677.56M (-3.4%)
726.99M
est: 764.62M (-4.9%)
812.09M
805.95M – 824.00M
+6.2% YoY
878.62M
847.24M – 902.33M
+8.2% YoY
929.90M
925.91M – 933.88M
+5.8% YoY
1.03B
1.01B – 1.05B
+10.6% YoY
1.08B
1.06B – 1.10B
+4.9% YoY
EPS
0.97
est: 0.96 (+1.0%)
1.15
est: 1.14 (+0.6%)
1.40
est: 1.41 (-0.4%)
1.53
est: 1.51 (+1.5%)
1.80
est: 1.61 (+12.1%)
1.73
est: 1.82 (-5.2%)
1.87
est: 1.97 (-4.9%)
1.52
est: 2.06 (-26.4%)
1.89
est: 1.88 (+0.6%)
2.02
est: 2.66 (-24.0%)
2.16
est: 3.06 (-29.4%)
3.19
2.93 – 3.32
+4.4% YoY
3.68
3.51 – 3.78
+15.2% YoY
4.09
3.45 – 4.86
+11.1% YoY
4.60
4.46 – 4.72
+12.5% YoY
4.83
4.69 – 4.96
+5.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 A- 4/5 5/5 5/5 5/5 1/5 2/5 2/5
2026-05-08 A- 4/5 5/5 5/5 5/5 1/5 2/5 2/5
2026-05-07 A- 4/5 5/5 5/5 5/5 1/5 2/5 2/5
2026-05-06 A- 4/5 5/5 5/5 5/5 1/5 2/5 2/5
2026-05-05 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-05-04 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-30 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-29 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-28 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-27 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-24 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-23 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-22 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-21 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-20 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-04-17 A- 4/5 5/5 5/5 5/5 2/5 2/5 2/5
2026-04-16 A- 4/5 5/5 5/5 5/5 2/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
535.82M
OE per share TTM
2.56
Owner's Yield
5.22%
Maintenance CapEx ratio
18.58%
Maint CapEx / Avg PPE
8.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 305 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) EUDV.L 1.57% 30.32M 0.30%
2 UBS Factor MSCI EMU Low Volatility UCITS ETF EUR dis UD02.L 1.30% 132.6K 0.25%
3 iShares MSCI Italy ETF EWI 1.29% 11.64M 0.50%
4 TD Q International Low Volatility ETF TILV.TO 1.23% 1.14M 0.40%
5 NYLI Merger Arbitrage ETF MNA 1.06% 2.68M 0.75%
6 State Street SPDR EURO STOXX Low Volatility UCITS ETF (Acc) ZPRL.DE 1.01% 361.9K 0.30%
7 Amundi Italy MIB ESG UCITS ETF Acc FMI.PA 1.00% 2.16M 0.18%
8 Fidelity Europe Quality Income UCITS ETF ACC-GBP (hedged) FEQP.L 0.88% 750.2K 0.35%
9 Fidelity Europe Quality Income UCITS ETF ACC-EUR FEQD.L 0.88% 639.8K 0.30%
10 Fidelity Europe Quality Income UCITS ETF INC-EUR FEUI.L 0.88% 639.8K 0.30%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
149.5K
Shares Outstanding
204.36M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Robert Koremans Chief Executive Officer & Director 2M
Alessandra Abate Group Chief People & Culture Officer female
Bibianne Bon Group Chief Legal Officer female
Cathrin Petty Executive Director female
Eugenia Litz Vice President & Head of Investor Relations female
Gabriele Finzi Executive Vice President of Corporate Development, Licensing & Innovation male
Giampiero Mazza Executive Director male
Laura Conti Group Communications Director female
Michael McClellan Chief Financial Officer male
Alberto Martinez Executive Vice President of Specialty & Primary Care Business Unit male
Scott Pescatore Executive Vice President of Rare Diseases Business Unit male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits