Recordati Industria Chimica e Farmaceutica S.p.A.

Factors to consider:

• Company pays dividends (semi-annually): last record date 2025-11-25, amount 0.73$ (Y2.56%)
• Earnings for 12 months up through Q4 exceed our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [43.68$, 61.68$]
• 2025-12-31 to 2026-12-31 estimated range: [48.36$, 67.36$]

Financial Metrics affecting the RCDTF estimates:

• Negative: with PPE of 19.9 at the end of fiscal year the price was high
• Positive: Operating profit margin, % of 27.28 > 18.38
• Positive: Industry earnings per price (median), % of 5.35 > 4.49
• Positive: 5.46 < Industry operating cash flow per share per price (median), % of 8.11
• Positive: Industry inventory ratio change (median), % of -0.17 <= -0.16
• Negative: 0.73 < Interest expense per share per price, % of 0.77
• Positive: 0.01 < Operating cash flow per share per price, % of 5.40