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Canadian distributor and manufacturer of specialty hardware and complementary products for furniture, cabinet and window manufacturers.
Canadian distributor and manufacturer of specialty hardware and complementary products for furniture, cabinet and window manufacturers.
Buys hardware from suppliers around the world and resells it from local branches to furniture, kitchen-cabinet and window makers, earning the distribution margin, while a smaller part is made in-house. It has grown mainly by acquiring smaller distributors in Canada and the US.
In one line: A specialty hardware distributor like a smaller Fastenal for furniture/cabinet makers.
Moat: narrow (distribution, scale). Extensive North American distribution branch network and broad product catalogue give scale over smaller regional distributors.
Headquarters: Montreal, Canada · Founded: 1968 · Employees: 3,200
Size Richelieu Hardware (RCH.TO) is a Canada Industrials company (Metal Fabrication) with a market value of $1.48B, the 207th largest of 420 Canada companies the cockpit tracks. Shares closed at C$37.70 on 6 Nov 2026.
Performance Over six months the shares fell 2.4%, against -22.6% for the median peer and +5.2% for the Canada market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 7.2% over the last twelve months (peer median +20.3%); the operating margin is 7.0% (peer median 9.9%).
Valuation It trades at 20.5× forward earnings against a peer median of 40.5× (4th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -6 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.1 points above its cost of capital (7.3% WACC).
Next results Next results expected around 21 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$2.07B | C$1.96B | C$1.83B | C$1.79B | C$1.80B |
| Revenue growth | — | +7% | +2% | -1% | — |
| Gross profit | C$151M | C$142M | C$136M | C$184M | C$245M |
| EBITDA | C$224M | C$215M | C$200M | C$229M | C$280M |
| Net income | C$92.4M | C$85.8M | C$85.8M | C$111M | C$168M |
| Free cash flow | C$145M | C$184M | C$101M | C$222M | -C$58.7M |
| Capital expenditure | C$17.9M | C$15.2M | C$30.6M | C$42.1M | C$22.6M |
| Total debt | C$347M | C$277M | C$265M | C$209M | C$264M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Richelieu Hardware RCH.TO | $1.48B | -2% | +7% | 7% | 20.5× | 5.7% |
| Fastenal FAST | $60.8B | +20% | +14% | 21% | 38.3× | 14.2% |
| MSC Industrial Direct MSM | $6.33B | +9% | +6% | 9% | 20.1× | 9.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | RCH.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.7% | -13.6% | 2nd highest of 21 |
| 6-month return | -2.4% | -22.6% | 7th highest of 21 |
| Distance from 52-week high | -16.3% | -47.8% | 4th highest of 21 |
| Revenue growth (TTM) | +7.2% | +20.3% | 6th lowest of 21 |
| Operating margin | 7.0% | 9.9% | 8th lowest of 21 |
| Forward P/E | 20.5× | 40.5× | 4th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 5.7% | 22.2% | 2nd least demanding of 7 |
| Growth delivered (Del g) | +11.7% | +15.3% | 2nd lowest of 7 |
| Hurdle (Req g minus delivered) | -6.0 pp | +6.9 pp | least demanding of 7 |
| ROIC minus cost of capital | +1.1 pp | -3.5 pp | 4th highest of 21 |
| EV / EBITDA | 10.4× | 18.6× | 3rd cheapest of 7 |
| Net debt / EBITDA | 1.2× | 0.5× | 4th least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Richelieu Hardware RCH.TO | Canada | $1.48B | -2% | +7% | 7% | 20.5× | 5.7% | +11.7% |
| HENGHUI Technology 301678.SZ | China | $1.53B | -28% | +10% | 8% | n/a | n/a | n/a |
| Shenzhen Vital New Material 301319.SZ | China | $1.53B | +15% | +34% | 5% | 82.0× | n/a | n/a |
| Usha Martin USHAMART.NS | India | $1.54B | 0% | +9% | 17% | 22.8× | 23.1% | +12.0% |
| Luoyang Xinqianglian Slewing Bearing 300850.SZ | China | $1.54B | -42% | +10% | 21% | 11.1× | n/a | n/a |
| Essence Fastening Systems (Shanghai) 301005.SZ | China | $1.54B | -55% | +17% | 0% | n/a | n/a | n/a |
| Freewon China 688678.SS | China | $1.41B | -13% | +33% | 6% | 19.6× | n/a | n/a |
| Riyue Heavy Industry 603218.SS | China | $1.41B | -28% | -17% | 5% | 24.6× | 5.0% | +4.1% |
| Suzhou UIGreen Micro&Nano Technologies 688661.SS | China | $1.55B | -44% | -7% | -3% | 44.2× | n/a | n/a |
| Wuxi Paike New Materials and Technology 605123.SS | China | $1.34B | -31% | +23% | 8% | 22.0× | n/a | n/a |
| Changzhou Nrb 002708.SZ | China | $1.63B | +50% | +29% | 1% | 74.0× | n/a | n/a |
| Ramkrishna Forgings RKFORGE.NS | India | $1.34B | +12% | +25% | 9% | 46.9× | n/a | n/a |
| Azad Engineering AZAD.NS | India | $1.66B | +8% | +29% | 28% | 91.6× | n/a | n/a |
| Nanshan Aluminium International 2610.HK | Hong Kong | $1.67B | -45% | -19% | 21% | 7.8× | n/a | n/a |
| Happy Forging HAPPYFORGE.NS | India | $1.70B | +20% | +16% | 25% | 40.5× | 42.7% | +21.2% |
| Gaona Aero Material 300034.SZ | China | $1.71B | -29% | +5% | 5% | 49.0× | 21.3% | +18.5% |
| Hunan Boyun New Materials 002297.SZ | China | $1.25B | -41% | +37% | 15% | n/a | n/a | n/a |
| Guangdong Xianglu Tungsten 002842.SZ | China | $1.23B | -38% | +126% | 15% | n/a | n/a | n/a |
| Shanghai Unison Aluminium Products 603418.SS | China | $1.23B | -18% | +26% | 11% | n/a | n/a | n/a |
| Qingdao Yunlu Advanced Materials Technology 688190.SS | China | $1.22B | -17% | -2% | 12% | 21.9× | 20.5% | +21.5% |
| SF Diamond 300179.SZ | China | $1.81B | -12% | +34% | 11% | 79.8× | 49.2% | +12.2% |