RAMBUS INC (RMBS) Stock Fundamental Analysis
NASDAQ:RMBS - Nasdaq - US7509171069 - Common Stock - Currency: USD
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 gets an excellent profitability rating and is at the same time showing great financial health properties. RMBS is growing strongly while it is still valued neutral. This is a good combination! With these ratings, RMBS could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year RMBS was profitable.
In the past year RMBS had a positive cash flow from operations.
In multiple years RMBS reported negative net income over the last 5 years.
In the past 5 years RMBS always reported a positive cash flow from operatings.
1.2 Ratios
RMBS's Return On Assets of 15.02% is amongst the best of the industry. RMBS outperforms 87.27% of its industry peers.
RMBS's Return On Equity of 17.87% is amongst the best of the industry. RMBS outperforms 81.82% of its industry peers.
With an excellent Return On Invested Capital value of 14.97%, RMBS belongs to the best of the industry, outperforming 88.18% of the companies in the same industry.
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 10.68%.
The 3 year average ROIC (9.26%) for RMBS is below the current ROIC(14.97%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.02% | ||
| ROE | 17.87% | ||
| ROIC | 14.97% |
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
The Profit Margin of RMBS (34.23%) is better than 93.64% of its industry peers.
In the last couple of years the Profit Margin of RMBS has grown nicely.
RMBS has a Operating Margin of 35.99%. This is amongst the best in the industry. RMBS outperforms 94.55% of its industry peers.
In the last couple of years the Operating Margin of RMBS has grown nicely.
With an excellent Gross Margin value of 80.30%, RMBS belongs to the best of the industry, outperforming 97.27% of the companies in the same industry.
In the last couple of years the Gross Margin of RMBS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.99% | ||
| PM (TTM) | 34.23% | ||
| GM | 80.3% |
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.
Compared to 1 year ago, RMBS has less shares outstanding
The number of shares outstanding for RMBS has been reduced compared to 5 years ago.
RMBS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
RMBS has an Altman-Z score of 19.88. This indicates that RMBS is financially healthy and has little risk of bankruptcy at the moment.
RMBS has a Altman-Z score of 19.88. This is amongst the best in the industry. RMBS outperforms 90.00% of its industry peers.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 19.88 |
ROIC/WACC1.29
WACC11.56%
2.3 Liquidity
RMBS has a Current Ratio of 10.15. This indicates that RMBS is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 10.15, RMBS belongs to the best of the industry, outperforming 96.36% of the companies in the same industry.
RMBS has a Quick Ratio of 9.52. This indicates that RMBS is financially healthy and has no problem in meeting its short term obligations.
RMBS has a Quick ratio of 9.52. This is amongst the best in the industry. RMBS outperforms 97.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 10.15 | ||
| Quick Ratio | 9.52 |
3. Growth
3.1 Past
RMBS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.73%, which is quite impressive.
RMBS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.14% yearly.
RMBS shows a strong growth in Revenue. In the last year, the Revenue has grown by 30.14%.
The Revenue has been growing by 19.59% on average over the past years. This is quite good.
EPS 1Y (TTM)25.73%
EPS 3Y10.73%
EPS 5Y14.14%
EPS Q2Q%78.38%
Revenue 1Y (TTM)30.14%
Revenue growth 3Y19.24%
Revenue growth 5Y19.59%
Sales Q2Q%41.4%
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 Y36.22%
EPS Next 2Y24.58%
EPS Next 3Y22.8%
EPS Next 5Y21.01%
Revenue Next Year22.85%
Revenue Next 2Y17.88%
Revenue Next 3Y17.35%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
RMBS is valuated quite expensively with a Price/Earnings ratio of 29.23.
67.27% 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 similar valuation than the S&P500 average which is at 28.04.
The Price/Forward Earnings ratio is 21.77, which indicates a rather expensive current valuation of RMBS.
Based on the Price/Forward Earnings ratio, RMBS is valued a bit cheaper than 65.45% of the companies in the same industry.
RMBS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 37.64.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.23 | ||
| Fwd PE | 21.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RMBS is valued a bit cheaper than 62.73% 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 | 28.93 | ||
| EV/EBITDA | 22.56 |
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)0.81
PEG (5Y)2.07
EPS Next 2Y24.58%
EPS Next 3Y22.8%
5. Dividend
5.1 Amount
No dividends for RMBS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
62.85
-1.36 (-2.12%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners93.43%
Inst Owner Change0.52%
Ins Owners0.76%
Ins Owner Change1.96%
Market Cap6.75B
Analysts81.25
Price Target74.38 (18.35%)
Short Float %3.73%
Short Ratio4.38
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)1
Avg EPS beat(2)4.26%
Min EPS beat(2)-4.79%
Max EPS beat(2)13.32%
EPS beat(4)1
Avg EPS beat(4)-0.45%
Min EPS beat(4)-7.54%
Max EPS beat(4)13.32%
EPS beat(8)4
Avg EPS beat(8)-0.32%
EPS beat(12)6
Avg EPS beat(12)-1.21%
EPS beat(16)9
Avg EPS beat(16)-3.44%
Revenue beat(2)1
Avg Revenue beat(2)0%
Min Revenue beat(2)-0.33%
Max Revenue beat(2)0.33%
Revenue beat(4)1
Avg Revenue beat(4)-2.48%
Min Revenue beat(4)-6.73%
Max Revenue beat(4)0.33%
Revenue beat(8)1
Avg Revenue beat(8)-6.48%
Revenue beat(12)1
Avg Revenue beat(12)-10.85%
Revenue beat(16)1
Avg Revenue beat(16)-14.54%
PT rev (1m)-0.78%
PT rev (3m)-2.77%
EPS NQ rev (1m)-0.49%
EPS NQ rev (3m)-1.8%
EPS NY rev (1m)-0.34%
EPS NY rev (3m)-0.01%
Revenue NQ rev (1m)0.26%
Revenue NQ rev (3m)1.44%
Revenue NY rev (1m)0.46%
Revenue NY rev (3m)0.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.23 | ||
| Fwd PE | 21.77 | ||
| P/S | 11.15 | ||
| P/FCF | 28.93 | ||
| P/OCF | 25.11 | ||
| P/B | 5.82 | ||
| P/tB | 7.87 | ||
| EV/EBITDA | 22.56 |
EPS(TTM)2.15
EY3.42%
EPS(NY)2.89
Fwd EY4.59%
FCF(TTM)2.17
FCFY3.46%
OCF(TTM)2.5
OCFY3.98%
SpS5.64
BVpS10.8
TBVpS7.99
PEG (NY)0.81
PEG (5Y)2.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.02% | ||
| ROE | 17.87% | ||
| ROCE | 16.65% | ||
| ROIC | 14.97% | ||
| ROICexc | 24.66% | ||
| ROICexgc | 39.81% | ||
| OM | 35.99% | ||
| PM (TTM) | 34.23% | ||
| GM | 80.3% | ||
| FCFM | 38.54% |
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 | 85.58% | ||
| Cap/Sales | 5.87% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 103.64% | ||
| Profit Quality | 112.6% | ||
| Current Ratio | 10.15 | ||
| Quick Ratio | 9.52 | ||
| Altman-Z | 19.88 |
F-Score8
WACC11.56%
ROIC/WACC1.29
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)25.73%
EPS 3Y10.73%
EPS 5Y14.14%
EPS Q2Q%78.38%
EPS Next Y36.22%
EPS Next 2Y24.58%
EPS Next 3Y22.8%
EPS Next 5Y21.01%
Revenue 1Y (TTM)30.14%
Revenue growth 3Y19.24%
Revenue growth 5Y19.59%
Sales Q2Q%41.4%
Revenue Next Year22.85%
Revenue Next 2Y17.88%
Revenue Next 3Y17.35%
Revenue Next 5Y9.86%
EBIT growth 1Y90.81%
EBIT growth 3Y95.61%
EBIT growth 5YN/A
EBIT Next Year34%
EBIT Next 3Y19.54%
EBIT Next 5YN/A
FCF growth 1Y14.83%
FCF growth 3Y0.76%
FCF growth 5Y10.38%
OCF growth 1Y18.61%
OCF growth 3Y3.3%
OCF growth 5Y12.41%