RAMBUS INC (RMBS) Stock Fundamental Analysis
USA - NASDAQ:RMBS - US7509171069 - Common Stock
94.85 USD
-2.16 (-2.23%)
94.68 USD
-0.17 (-0.18%)
Taking everything into account, RMBS scores 7 out of 10 in our fundamental rating. RMBS was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. RMBS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. RMBS is growing strongly while it is still valued neutral. This is a good combination! This makes RMBS very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
RMBS had positive earnings in the past year.
RMBS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: RMBS reported negative net income in multiple years.
RMBS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 15.61%, RMBS belongs to the top of the industry, outperforming 90.18% of the companies in the same industry.
RMBS's Return On Equity of 18.66% is amongst the best of the industry. RMBS outperforms 84.82% of its industry peers.
RMBS has a better Return On Invested Capital (15.43%) than 87.50% of its industry peers.
RMBS had an Average Return On Invested Capital over the past 3 years of 9.26%. This is in line with the industry average of 10.94%.
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
Looking at the Profit Margin, with a value of 35.49%, RMBS belongs to the top of the industry, outperforming 94.64% of the companies in the same industry.
RMBS's Profit Margin has improved in the last couple of years.
RMBS has a Operating Margin of 37.10%. This is amongst the best in the industry. RMBS outperforms 94.64% of its industry peers.
In the last couple of years the Operating Margin of RMBS has grown nicely.
RMBS's Gross Margin of 80.29% is amongst the best of the industry. RMBS outperforms 97.32% 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
RMBS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for RMBS has been reduced compared to 1 year ago.
Compared to 5 years ago, RMBS has less shares outstanding
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 27.64 indicates that RMBS is not in any danger for bankruptcy at the moment.
RMBS has a Altman-Z score of 27.64. This is amongst the best in the industry. RMBS outperforms 91.96% of its industry peers.
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 | 27.64 |
ROIC/WACC1.33
WACC11.56%
2.3 Liquidity
A Current Ratio of 10.85 indicates that RMBS has no problem at all paying its short term obligations.
RMBS has a Current ratio of 10.85. This is amongst the best in the industry. RMBS outperforms 95.54% of its industry peers.
A Quick Ratio of 10.32 indicates that RMBS has no problem at all paying its short term obligations.
RMBS has a better Quick ratio (10.32) than 96.43% of its industry peers.
| 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.
The Earnings Per Share has been growing by 14.14% on average over the past years. This is quite good.
The Revenue has grown by 35.17% in the past year. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 21.01% on average over the next years. This is a very strong growth
Based on estimates for the next years, RMBS will show a quite strong growth in Revenue. The Revenue will grow by 9.86% on average per year.
EPS Next Y36.82%
EPS Next 2Y26.65%
EPS Next 3Y24.24%
EPS Next 5Y21.01%
Revenue Next Year23.46%
Revenue Next 2Y18.62%
Revenue Next 3Y17.2%
Revenue Next 5Y9.86%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 39.69 indicates a quite expensive valuation of RMBS.
61.61% of the companies in the same industry are more expensive than RMBS, based on the Price/Earnings ratio.
RMBS's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.34.
Based on the Price/Forward Earnings ratio of 31.79, the valuation of RMBS can be described as expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as RMBS.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, RMBS is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.69 | ||
| Fwd PE | 31.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RMBS is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
71.43% of the companies in the same industry are more expensive than RMBS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.94 | ||
| EV/EBITDA | 33.28 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of RMBS may justify a higher PE ratio.
RMBS's earnings are expected to grow with 24.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.08
PEG (5Y)2.81
EPS Next 2Y26.65%
EPS Next 3Y24.24%
5. Dividend
5.1 Amount
No dividends for RMBS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
94.85
-2.16 (-2.23%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners93.35%
Inst Owner Change-1.28%
Ins Owners0.73%
Ins Owner Change-2.4%
Market Cap10.20B
Analysts82.5
Price Target95.35 (0.53%)
Short Float %4.39%
Short Ratio2.43
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)18.11%
PT rev (3m)27.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.68%
EPS NY rev (1m)0.69%
EPS NY rev (3m)0.44%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.69 | ||
| Fwd PE | 31.79 | ||
| P/S | 15.81 | ||
| P/FCF | 38.94 | ||
| P/OCF | 34.85 | ||
| P/B | 8.31 | ||
| P/tB | 11 | ||
| EV/EBITDA | 33.28 |
EPS(TTM)2.39
EY2.52%
EPS(NY)2.98
Fwd EY3.15%
FCF(TTM)2.44
FCFY2.57%
OCF(TTM)2.72
OCFY2.87%
SpS6
BVpS11.41
TBVpS8.62
PEG (NY)1.08
PEG (5Y)2.81
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 | 27.64 |
F-Score8
WACC11.56%
ROIC/WACC1.33
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 Y36.82%
EPS Next 2Y26.65%
EPS Next 3Y24.24%
EPS Next 5Y21.01%
Revenue 1Y (TTM)35.17%
Revenue growth 3Y19.24%
Revenue growth 5Y19.59%
Sales Q2Q%30.33%
Revenue Next Year23.46%
Revenue Next 2Y18.62%
Revenue Next 3Y17.2%
Revenue Next 5Y9.86%
EBIT growth 1Y78.21%
EBIT growth 3Y95.61%
EBIT growth 5YN/A
EBIT Next Year34.84%
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%