Recticel S.A. (0NHV) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Recticel S.A. €5.41, price €12.71, upside -57.4%, quality 61 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Recticel S.A. for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range €7.48 – €20.27 · fair‑value band €4.33 – €6.94 · the €12.71 price screens above the €5.41 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Recticel in your weekly email
Every Wednesday you see whether Recticel is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Recticel SA/NV, an insulation company, provides thermal and thermo-acoustic solutions in Belgium, France, the Netherlands, Germany, France, Slovenia, other European Union countries, the United Kingdom, the United States, the European Union, and internationally.
Show more
Recticel SA/NV, an insulation company, provides thermal and thermo-acoustic solutions in Belgium, France, the Netherlands, Germany, France, Slovenia, other European Union countries, the United Kingdom, the United States, the European Union, and internationally. It offers thermal insulation boards comprising high-performance polyisocyanurate (PIR) foam used in various residential and non-residential applications; thermal acoustic insulation boards for partition wall applications; and vacuum insulation solutions for building and construction, cold chain packaging, and transportation sectors. The company also provides insulated panels, including mineral wool insulated panels; modular units, such as floor, column, and ceiling structural elements for use in a range of applications, including commercial, hospitality, education and industrial facilities; and PIR and mineral wool insulated panels. In addition, it offers products, such as absorption materials, barrier engineered solutions, damping products, gasketing solutions for metal or structural components, and thermal solutions; Soundcoat 360 solution, an acoustic engineering solution that leverages a host of products and services to market and minimize design costs for industrial spaces and original equipment manufacturing applications; and lab services and testing solutions. The company serves aerospace and aviation, heavy duty and transport vehicles, industrial equipment, electronic equipment and energy infrastructure, building and commercial construction, and medical equipment markets. It offers thermal acoustic boards under the Simfocor brand; and insulated panels under the Trimo, Trimo MSS, and REX Panels & Profiles brand names. The company was founded in 1896 and is headquartered in Brussels, Belgium.
Stock analysis
Recticel S.A. (0NHV) currently trades at €12.71, while our model-based Fair Value estimate is €5.41, 57.4% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of €13.48 per share, and 5 of the 23 models we run sit above the €12.71 price.
Bear case: the Earnings-Based group reads lowest at €1.38, and 18 of the 23 models stay below the price. Evidence for this calculation is low.
Scenario range: €4.33 (bear) to €6.94 (bull), the price of €12.71 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 61/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Recticel S.A. reported revenue of €829M in FY2020 versus €1.0B in FY2016, a compound −5.7%/yr. Reported net income was €63.2M in FY2020, compounding +40.2%/yr from FY2016.
Key figures
Market cap €946M · P/S ratio 1.44 · Dividend yield 2.4% · Net margin 7.6% · Return on equity 1.3% · Return on assets (EBIT) 4.4% · Operating margin 3.7% · Revenue (TTM) €655M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 54% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −40% fair-value upside, at −57%, 0NHV screens richer than that median.
Fair Value models
Bear €4.33Fair Value €5.41Bull €6.94
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.33/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−5.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−10.0%
’16
’17
’18
’19
’20
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
3.7% (2016) → 1.0% (2020)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no share-count history
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Building Products” was too small, so the broader sector is used.)Industrials · 5298 stocks
Beats the sector median on 3/12 measures
Overall it trails its sector peers.
Valuation
Quality Score61 · Above median
Fair Value upside−57.4% · Bottom 25%
Profitability
Return on equity (TTM)1.3% · Below median
Return on assets2.1% · Below median
Net margin (TTM)1.6% · Below median
Operating margin (TTM)3.7% · Below median
Growth and dividend
Revenue growth2.7% · Below median
Dividend yield (TTM)2.4% · Above median
Balance sheet
Debt / equity0.04× · Below median
Valuation Multiplesvs Industrials median · lower = cheaper
P/B3.19× · Priciest 25%
P/S (TTM)1.63× · Pricier than median
EV/EBITDA22.6× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 17
FUTURE (revenue growth)14· sector 36
PAST (return on equity)5· sector 29
HEALTH (low debt)98· sector 94
DIVIDEND (yield)49· sector 37
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Recticel S.A. Fair Value". https://www.fairvalue-calculator.com/stock/0NHV
Frequently asked questions
Is Recticel S.A. (0NHV) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of €5.41 versus a price of €12.71, about −57% upside (overvalued).
What is the fair value of 0NHV?
Our model-based fair value for Recticel S.A. is €5.41 (as of Sep 24, 2026), built from audited fundamentals. The current price: €12.71.
What is the quality score of 0NHV?
Recticel S.A. has a Quality Score of 61/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Recticel S.A. (0NHV)?
Our model-based price target is the fair value of €5.41 (as of Sep 24, 2026) from 23 valuation models. Cautious scenario €4.33, optimistic scenario €6.94. It is a calculation from audited fundamentals, not an analyst target.
What is the Recticel S.A. stock forecast for 2026?
Our models put fair value at €5.41, about −57% upside versus a price of €12.71 (overvalued). Cautious scenario €4.33, optimistic scenario €6.94. The calculation is refreshed regularly with new filings.
What is the revenue of Recticel S.A. (0NHV)?
Recticel S.A. reported trailing-twelve-month revenue of about €655M (latest available figure, as of Sep 24, 2026).
Does Recticel S.A. pay a dividend?
Recticel S.A. currently shows a dividend yield of about 2.44% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Recticel S.A. (0NHV)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Recticel S.A. it is €5.41 per share (as of Sep 24, 2026), against a price of €12.71. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Recticel S.A. stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0NHV trades above its calculated fair value: price €12.71, fair value €5.41, a gap of about −57% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0NHV?
No. The price is what the market pays today (€12.71); the fair value is what the company's own numbers justify (€5.41). For Recticel S.A. the two are €7.30 per share apart. That gap is exactly why we show both numbers side by side.
How much is Recticel S.A. worth?
The market values Recticel S.A. at about €946M (market capitalisation, as of Sep 24, 2026). Per share that is €12.71; our models calculate a fair value of €5.41 per share.
What do the bullish and bearish scenarios say about 0NHV?
Our models span a range for Recticel S.A.: cautious scenario €4.33, base €5.41, optimistic €6.94 per share (as of Sep 24, 2026, price €12.71). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Recticel S.A. (0NHV)?
Balance-sheet figures for Recticel S.A. (as of Sep 24, 2026): return on equity 1.3%, debt of 0.04 per unit of equity. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is 0NHV from its 52-week high?
Recticel S.A. trades at €12.71, about 8% below its 52-week high of €13.78 and 54% above the low of €8.26 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of €5.41 is for.
Which stocks are comparable to Recticel S.A.?
From the same area (Industrials) we also value AKTR, DHABRIYA, NATFIT, SRIKPRIND, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Recticel S.A. stock attractive at the current price?
The data as of Sep 24, 2026: price €12.71, calculated fair value €5.41 (−57%), Quality Score 61/100, from 23 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0NHV calculated?
We run Recticel S.A. through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €5.41, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Recticel S.A. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Recticel S.A. (0NHV)?
The closing price on Oct 2, 2026 was €12.71. Our model-based fair value is €5.41, about −57% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Recticel S.A. right now?
The price sits above even our optimistic bull case (€6.94). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Recticel S.A.
How large is the market capitalisation of Recticel S.A. (0NHV)?
The market capitalisation of Recticel S.A. is €946M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Recticel S.A. (0NHV)?
The price-to-sales ratio of Recticel S.A. is 1.44 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Recticel S.A. (0NHV)?
The dividend yield of Recticel S.A. is 2.4%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Recticel S.A. (0NHV)?
The net margin of Recticel S.A. is 7.6% (fiscal year 2020). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Recticel S.A. (0NHV)?
The return on equity (ROE) of Recticel S.A. is 1.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Recticel S.A. (0NHV)?
On an EBIT basis the return on assets of Recticel S.A. is 4.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Recticel S.A. (0NHV)?
The operating margin of Recticel S.A. is 3.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Recticel S.A. (0NHV)?
Revenue at Recticel S.A. is growing +2.7% versus a year earlier (3y avg −10.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Recticel S.A. (0NHV)?
Earnings per share at Recticel S.A. are growing −10.9% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch Recticel S.A. in the live analysis
One click puts Recticel S.A. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
