RAMBUS INC (RMBS) Stock Fundamental Analysis
NASDAQ:RMBS - US7509171069 - Common Stock
73.77 USD
+3.33 (+4.73%)
73.77 USD
0 (0%)
Taking everything into account, RMBS scores 8 out of 10 in our fundamental rating. RMBS was compared to 110 industry peers in the Semiconductors & Semiconductor Equipment industry. RMBS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. RMBS is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes RMBS very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year RMBS was profitable.
RMBS had a positive operating cash flow in the past year.
In multiple years RMBS reported negative net income over the last 5 years.
Each year in the past 5 years RMBS had a positive operating cash flow.
1.2 Ratios
RMBS has a better Return On Assets (15.61%) than 90.00% of its industry peers.
With an excellent Return On Equity value of 18.66%, RMBS belongs to the best of the industry, outperforming 85.45% of the companies in the same industry.
RMBS has a better Return On Invested Capital (15.43%) than 88.18% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RMBS is in line with the industry average of 10.86%.
The 3 year average ROIC (9.26%) for RMBS is below the current ROIC(15.43%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.61% | ||
| ROE | 18.66% | ||
| ROIC | 15.43% |
ROA(3y)12.84%
ROA(5y)7.35%
ROE(3y)15.46%
ROE(5y)8.81%
ROIC(3y)9.26%
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 35.49%, RMBS belongs to the best of the industry, outperforming 94.55% of the companies in the same industry.
RMBS's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 37.10%, RMBS belongs to the best of the industry, outperforming 94.55% of the companies in the same industry.
In the last couple of years the Operating Margin of RMBS has grown nicely.
The Gross Margin of RMBS (80.29%) is better than 97.27% of its industry peers.
RMBS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.1% | ||
| PM (TTM) | 35.49% | ||
| GM | 80.29% |
OM growth 3Y64.05%
OM growth 5YN/A
PM growth 3Y79.62%
PM growth 5YN/A
GM growth 3Y0.7%
GM growth 5Y0.71%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), RMBS is creating some value.
RMBS has less shares outstanding than it did 1 year ago.
RMBS has less shares outstanding than it did 5 years ago.
There is no outstanding debt for RMBS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 20.49 indicates that RMBS is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 20.49, RMBS belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
RMBS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 20.49 |
ROIC/WACC1.35
WACC11.45%
2.3 Liquidity
RMBS has a Current Ratio of 10.85. This indicates that RMBS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 10.85, RMBS belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
A Quick Ratio of 10.32 indicates that RMBS has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 10.32, RMBS belongs to the top of the industry, outperforming 96.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 10.85 | ||
| Quick Ratio | 10.32 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 41.42% over the past year.
Measured over the past years, RMBS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.14% on average per year.
Looking at the last year, RMBS shows a very strong growth in Revenue. The Revenue has grown by 35.17%.
RMBS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.59% yearly.
EPS 1Y (TTM)41.42%
EPS 3Y10.73%
EPS 5Y14.14%
EPS Q2Q%57.14%
Revenue 1Y (TTM)35.17%
Revenue growth 3Y19.24%
Revenue growth 5Y19.59%
Sales Q2Q%30.33%
3.2 Future
Based on estimates for the next years, RMBS will show a very strong growth in Earnings Per Share. The EPS will grow by 21.01% on average per year.
RMBS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.86% yearly.
EPS Next Y36.22%
EPS Next 2Y24.58%
EPS Next 3Y22.8%
EPS Next 5Y21.01%
Revenue Next Year22.85%
Revenue Next 2Y17.82%
Revenue Next 3Y17.14%
Revenue Next 5Y9.86%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
RMBS is valuated quite expensively with a Price/Earnings ratio of 30.87.
Based on the Price/Earnings ratio, RMBS is valued a bit cheaper than the industry average as 64.55% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.24, RMBS is valued at the same level.
RMBS is valuated quite expensively with a Price/Forward Earnings ratio of 25.56.
The rest of the industry has a similar Price/Forward Earnings ratio as RMBS.
RMBS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 35.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.87 | ||
| Fwd PE | 25.56 |
4.2 Price Multiples
RMBS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RMBS is cheaper than 63.64% of the companies in the same industry.
RMBS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. RMBS is cheaper than 74.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.28 | ||
| EV/EBITDA | 23.09 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
RMBS has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as RMBS's earnings are expected to grow with 22.80% in the coming years.
PEG (NY)0.85
PEG (5Y)2.18
EPS Next 2Y24.58%
EPS Next 3Y22.8%
5. Dividend
5.1 Amount
RMBS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
73.77
+3.33 (+4.73%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners94.64%
Inst Owner Change-5.34%
Ins Owners0.76%
Ins Owner Change-0.24%
Market Cap7.94B
Analysts81.25
Price Target79.03 (7.13%)
Short Float %3.72%
Short Ratio3.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.03%
Min EPS beat(2)10.74%
Max EPS beat(2)13.32%
EPS beat(4)2
Avg EPS beat(4)4.12%
Min EPS beat(4)-4.79%
Max EPS beat(4)13.32%
EPS beat(8)4
Avg EPS beat(8)-0.3%
EPS beat(12)7
Avg EPS beat(12)0.87%
EPS beat(16)9
Avg EPS beat(16)-3.23%
Revenue beat(2)2
Avg Revenue beat(2)0.37%
Min Revenue beat(2)0.33%
Max Revenue beat(2)0.41%
Revenue beat(4)2
Avg Revenue beat(4)-0.69%
Min Revenue beat(4)-3.17%
Max Revenue beat(4)0.41%
Revenue beat(8)2
Avg Revenue beat(8)-4.95%
Revenue beat(12)2
Avg Revenue beat(12)-9.74%
Revenue beat(16)2
Avg Revenue beat(16)-13.13%
PT rev (1m)5.41%
PT rev (3m)5.41%
EPS NQ rev (1m)-0.45%
EPS NQ rev (3m)-1.56%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.34%
Revenue NQ rev (1m)0.57%
Revenue NQ rev (3m)-1.28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.87 | ||
| Fwd PE | 25.56 | ||
| P/S | 12.3 | ||
| P/FCF | 30.28 | ||
| P/OCF | 27.1 | ||
| P/B | 6.46 | ||
| P/tB | 8.56 | ||
| EV/EBITDA | 23.09 |
EPS(TTM)2.39
EY3.24%
EPS(NY)2.89
Fwd EY3.91%
FCF(TTM)2.44
FCFY3.3%
OCF(TTM)2.72
OCFY3.69%
SpS6
BVpS11.41
TBVpS8.62
PEG (NY)0.85
PEG (5Y)2.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.61% | ||
| ROE | 18.66% | ||
| ROCE | 17.16% | ||
| ROIC | 15.43% | ||
| ROICexc | 26.88% | ||
| ROICexgc | 43.03% | ||
| OM | 37.1% | ||
| PM (TTM) | 35.49% | ||
| GM | 80.29% | ||
| FCFM | 40.6% |
ROA(3y)12.84%
ROA(5y)7.35%
ROE(3y)15.46%
ROE(5y)8.81%
ROIC(3y)9.26%
ROIC(5y)N/A
ROICexc(3y)14.69%
ROICexc(5y)N/A
ROICexgc(3y)27.93%
ROICexgc(5y)N/A
ROCE(3y)10.3%
ROCE(5y)N/A
ROICexcg growth 3Y30.89%
ROICexcg growth 5YN/A
ROICexc growth 3Y66.38%
ROICexc growth 5YN/A
OM growth 3Y64.05%
OM growth 5YN/A
PM growth 3Y79.62%
PM growth 5YN/A
GM growth 3Y0.7%
GM growth 5Y0.71%
F-Score8
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 74.98% | ||
| Cap/Sales | 4.76% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.4% | ||
| Profit Quality | 114.4% | ||
| Current Ratio | 10.85 | ||
| Quick Ratio | 10.32 | ||
| Altman-Z | 20.49 |
F-Score8
WACC11.45%
ROIC/WACC1.35
Cap/Depr(3y)54.47%
Cap/Depr(5y)51.24%
Cap/Sales(3y)5.02%
Cap/Sales(5y)6.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)41.42%
EPS 3Y10.73%
EPS 5Y14.14%
EPS Q2Q%57.14%
EPS Next Y36.22%
EPS Next 2Y24.58%
EPS Next 3Y22.8%
EPS Next 5Y21.01%
Revenue 1Y (TTM)35.17%
Revenue growth 3Y19.24%
Revenue growth 5Y19.59%
Sales Q2Q%30.33%
Revenue Next Year22.85%
Revenue Next 2Y17.82%
Revenue Next 3Y17.14%
Revenue Next 5Y9.86%
EBIT growth 1Y78.21%
EBIT growth 3Y95.61%
EBIT growth 5YN/A
EBIT Next Year33.57%
EBIT Next 3Y21.47%
EBIT Next 5YN/A
FCF growth 1Y34.41%
FCF growth 3Y0.76%
FCF growth 5Y10.38%
OCF growth 1Y32.74%
OCF growth 3Y3.3%
OCF growth 5Y12.41%