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← CockpitCompetitor Analysis › RDC.DE Redcare Pharmacy N.V.Open in the cockpit ↗

Redcare Pharmacy N.V.RDC.DECompetitor analysis, valuation and peers

Germany · EUR·Health Care›Medical Distributors

German-Dutch online pharmacy selling prescription and over-the-counter medicines and health products across Europe.

≈ A European Amazon Pharmacy/GoodRx hybridMomentum leader 95
Mkt cap
$1.63B
US dollars, full cap
Free float
73%
of shares outstanding
$/day
$5.82M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-9.2 pp
WACC 9.5%
Hurdle
n/a
no reverse DCF
Next earnings
117 days
3 Mar 2027
Close · EUR€70.55
1D-2.7%
1W+1.4%
1M-3.4%
3M+15.9%
6M+51.9%
YTD+8.4%
1Y+15.4%
ATR %5.0%
52w lowhigh11.7% off high

What Redcare Pharmacy does

German-Dutch online pharmacy selling prescription and over-the-counter medicines and health products across Europe.

Sells medicines and health products shipped from central warehouses, with the non-prescription range carrying most revenue and prescriptions growing since Germany made electronic prescriptions mandatory in 2024. Germany is the largest market. The company is based in the Netherlands and was formerly named Shop Apotheke Europe.

In one line: A European Amazon Pharmacy/GoodRx hybrid.

Products and services

  • Prescription medicine delivery (e-Rx)
  • OTC/health & beauty products
  • Pharmacy app/loyalty programs

Customers

  • Consumers across Germany, Netherlands, other EU ma

Where it sits in the supply chain

  • Health Care
  • Online pharmacy/e-commerce
  • Prescription & OTC medicine e-commerce

What could go right

  • German e-prescription rollout driving online pharmacy adoption
  • Cross-border EU e-commerce growth

What could go wrong

  • Regulatory changes to pharmacy/e-Rx rules
  • Competition from Amazon and incumbent pharmacy chains

Moat: narrow (scale, brand, regulatory licence). First-mover scale in German e-prescription market and pharmacy licences, but faces new entrants as e-Rx opens up.

Headquarters: Sevenum, Netherlands / Cologne, Germany · Founded: 2000 · Employees: 2,649

Named competitors

  • Zur Rose/DocMorris private or unlisted
  • Amazon Pharmacy AMZN
  • Apotea (private) private or unlisted

Redcare Pharmacy at a glance

Size Redcare Pharmacy (RDC.DE) is a Germany Health Care company (Medical Distributors) with a market value of $1.63B, the 119th largest of 205 Germany companies the cockpit tracks. Shares closed at €70.55 on 6 Nov 2026.

Performance Over six months the shares gained 51.9%, against +1.8% for the median peer and +2.6% for the Germany market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue grew 18.6% over the last twelve months (peer median +6.0%); the operating margin is 0.1% (peer median 3.2%).

Valuation It trades at 0.5× enterprise value to sales against a peer median of 0.5× (11th cheapest of 21).

Capital Return on invested capital runs 9.2 points below its cost of capital (9.5% WACC).

Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).

Relative performance

10012515017511 May 202611 Aug 20266 Nov 2026RDC.DE 151Peer median 102
Six months, rebased to 100: Redcare Pharmacy against the median of its 20 peers (local-currency closes).

Redcare Pharmacy financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue€3.34B€2.94B€2.37B€1.80B€1.20B
Revenue growth—+24%+32%+49%—
Gross profit€645M€594M€478M€383M€292M
EBITDA€78.0M€45.6M€28.9M€40.5M-€15.3M
Net income-€34.0M-€37.7M-€45.5M-€12.0M-€77.6M
Free cash flow-€20.4M-€56.3M€11.4M€51.8M-€49.4M
Capital expenditure€93.4M€119M€42.2M€38.2M€53.5M
Total debt€354M€416M€278M€275M€241M

Quarterly statements and history in the cockpit →

Redcare Pharmacy competitor charts

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.

Performance: 6-month against 1-month return

-20%0%+20%+40%0%+10%+20%8129336030158460058799877476600713DOCMARJO-B6033680089302784688366ASKERENTERONEU7459AMP600998RDC.DE6-month return →1-month return →
Up and to the right = strong over both horizons. Redcare Pharmacy is the large dot.

Fundamentals: revenue growth against valuation

0%+5%+10%+15%+20%0×1×2×8129336030158460058799877476600713DOCMARJO-B603368008930688366ASKERENTERO3349NEUAMP600998RDC.DERevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Redcare Pharmacy is the large dot.

Redcare Pharmacy competitors and peer comparison

Head to head with its named competitors (RDC.DE vs AMZN)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Redcare Pharmacy RDC.DE$1.63B+52%+19%0%0.5×n/a
Amazon AMZN$2.80T-5%+15%13%3.7×n/a

How Redcare Pharmacy compares with its peers

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.

Redcare Pharmacy against its 20 peers (data as of 6 Nov 2026)
MeasureRDC.DEPeer medianRank in peer set
1-month return-3.4%+3.1%2nd lowest of 21
6-month return+51.9%+1.8%2nd highest of 21
Distance from 52-week high-11.7%-15.3%7th highest of 21
Revenue growth (TTM)+18.6%+6.0%2nd highest of 21
Operating margin0.1%3.2%3rd lowest of 21
EV / Sales0.5×0.5×11th cheapest of 21
ROIC minus cost of capital-9.2 pp+1.9 pp2nd lowest of 21
Net debt / EBITDA2.9×-1.2×2nd most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Redcare Pharmacy RDC.DEGermany$1.63B+52%+19%0%0.5×n/an/a
Toho 8129.TJapan$1.60B-14%+4%1%0.1×-7.4%+5.1%
Ship Healthcare 3360.TJapan$1.34B+4%+7%3%0.2×-14.7%+7.6%
Shanghai C and D INNOSTIC Medical Technology 301584.SZChina$1.20B-28%+8%3%0.6×-1.3%+17.9%
Shinva Medical Instrument 600587.SSChina$1.16B-7%+6%5%0.7×-5.9%+1.2%
Suzuken 9987.TJapan$2.29B-9%+5%1%0.1×-11.9%+3.2%
AS ONE 7476.TJapan$1.08B+15%+10%12%1.3×-1.0%+6.3%
Nanjing Pharmaceutical 600713.SSChina$1.03B+1%+3%2%0.3×n/an/a
DocMorris DOCM.SWSwitzerland$1.02B+136%+11%-8%0.9×n/an/a
Arjo ARJO-B.STSweden$1.02B+48%0%8%1.3×-1.3%+3.9%
Guangxi LiuYao 603368.SSChina$994M+2%+2%5%0.4×-9.5%+6.0%
Hanmi Science 008930.KSSouth Korea$2.71B+44%+6%5%2.6×24.2%+9.6%
Alfresa 2784.TJapan$2.79B-3%+5%1%0.1×-9.1%+3.5%
Shanghai Haohai Biological Technology 688366.SSChina$946M-24%-9%-2%2.0×18.9%+13.2%
Asker Healthcare ASKER.STSweden$2.98B-5%+12%7%1.6×1.2%+12.7%
Entero Healthcare Solutions ENTERO.NSIndia$875M+50%+32%4%1.2×21.8%+29.9%
COSMOS Pharmaceutical 3349.TJapan$3.20B+5%+9%4%0.5×n/an/a
Neuca NEU.WAPoland$817M-1%+8%2%0.3×5.0%+8.1%
MEDIPAL 7459.TJapan$3.67B+14%+4%1%0.1×-7.4%+3.5%
Amplifon AMP.MIItaly$3.72B+13%0%9%1.8×9.5%+9.8%
Jointown Pharmaceutical 600998.SSChina$3.96B+1%+9%2%0.4×0.1%+7.8%

Questions

Who are Redcare Pharmacy's main competitors?
Named competitors: Zur Rose/DocMorris (private or unlisted), Amazon Pharmacy (AMZN), Apotea (private) (private or unlisted). The cockpit's measured peer set (industry) also includes Toho (8129.T), Ship Healthcare (3360.T), Shanghai C and D INNOSTIC Medical Technology (301584.SZ), Shinva Medical Instrument (600587.SS), Suzuken (9987.T), AS ONE (7476.T).
Is Redcare Pharmacy expensive compared with its peers?
On ev / sales it trades at 0.5× against a peer median of 0.5×, 11th cheapest of 21 in its peer set.
How has Redcare Pharmacy stock performed?
Over six months to 6 Nov 2026 the shares returned +51.9% against +1.8% for the median peer; over one year +15.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.