Reckitt Benckiser Group Plc - ADR
RBGLY
Market Cap$44.37B
Close$
Earnings Call Q4 2024
March 7, 2025 - AI Summary
2024 Financial Performance: Reckitt reported a group net revenue growth of 1.4% in 2024, with adjusted operating profit increasing by 8.6%. Health and Hygiene showed a strong like-for-like net revenue growth of 4.6%, while Nutrition faced a decline of 7.3% due to supply disruptions. EPS grew by 7.9%, supported by a lower tax rate and share buyback programs.
Strategic Outlook for 2025: Reckitt is targeting 3% to 4% like-for-like net revenue growth for Core Reckitt in 2025. The growth is expected to be driven by competitive momentum, strong innovation pipelines, and market expansion, but macroeconomic uncertainties and consumer confidence issues are noted as headwinds.
Margins and Cost Management: The company reported a gross margin expansion of 70 basis points, maintaining a gross margin above 60%. They are aiming for a 300 basis point reduction in fixed costs by the end of 2027 through the "Fuel for Growth" program, although they will reinvest some savings into brand equity investment to drive future growth.
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$4.90
62.2% downside
Current Fair Value
62.2% downsideOvervalued by 62.2% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $44.37 Billion |
|---|---|
| Enterprise Value | $53.03 Billion |
| Dividend Yield | $0.52288 (4.1447908121411%) |
| Earnings per Share | $0.41 |
| Beta | 0.12 |
| Outstanding Shares | 3,546,583,850 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 23.48 |
|---|---|
| PEG | -321.39 |
| Price to Sales | 1.85 |
| Price to Book Ratio | 12.98 |
| Enterprise Value to Revenue | 2.09 |
| Enterprise Value to EBIT | 9.14 |
| Enterprise Value to Net Income | 17 |
| Total Debt to Enterprise | 0.18 |
| Debt to Equity | 1.41 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Reckitt Benckiser Group Plc
CEO: Laxman Narasimhan Reckitt Benckiser Group Plc engages in the manufacture and trade of health, hygiene and home products. It operates through Health and Hygiene Home segments. The Health segment focuses on infant and child nutrition; health relief; health ...