RACING FORCE SPA (RFG.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:RFG - IT0005466963 - Common Stock
4.87 EUR
+0.12 (+2.53%)
Overall RFG gets a fundamental rating of 4 out of 10. We evaluated RFG against 13 industry peers in the Leisure Products industry. Both the profitability and the financial health of RFG get a neutral evaluation. Nothing too spectacular is happening here. RFG is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year RFG was profitable.
In the past year RFG had a positive cash flow from operations.
In the past 5 years RFG has always been profitable.
In the past 5 years RFG always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 5.11%, RFG perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
The Return On Equity of RFG (7.73%) is comparable to the rest of the industry.
RFG's Return On Invested Capital of 7.64% is in line compared to the rest of the industry. RFG outperforms 57.14% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RFG is in line with the industry average of 12.21%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 7.73% | ||
| ROIC | 7.64% |
ROA(3y)7.76%
ROA(5y)6.55%
ROE(3y)13.38%
ROE(5y)14.13%
ROIC(3y)10.47%
ROIC(5y)9.81%
1.3 Margins
The Profit Margin of RFG (6.90%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of RFG has remained more or less at the same level.
With a Operating Margin value of 9.32%, RFG perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
In the last couple of years the Operating Margin of RFG has declined.
RFG's Gross Margin of 61.60% is amongst the best of the industry. RFG outperforms 85.71% of its industry peers.
RFG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.32% | ||
| PM (TTM) | 6.9% | ||
| GM | 61.6% |
OM growth 3Y-5.75%
OM growth 5YN/A
PM growth 3Y-0.36%
PM growth 5YN/A
GM growth 3Y1.51%
GM growth 5YN/A
2. Health
2.1 Basic Checks
RFG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
RFG has more shares outstanding than it did 1 year ago.
RFG has a better debt/assets ratio than last year.
2.2 Solvency
RFG has an Altman-Z score of 4.27. This indicates that RFG is financially healthy and has little risk of bankruptcy at the moment.
RFG's Altman-Z score of 4.27 is fine compared to the rest of the industry. RFG outperforms 78.57% of its industry peers.
RFG has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.15, RFG belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.27 |
ROIC/WACC0.98
WACC7.83%
2.3 Liquidity
RFG has a Current Ratio of 2.28. This indicates that RFG is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.28, RFG belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
A Quick Ratio of 1.10 indicates that RFG should not have too much problems paying its short term obligations.
RFG has a better Quick ratio (1.10) than 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.28 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
RFG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.02%.
Measured over the past 5 years, RFG shows a small growth in Earnings Per Share. The EPS has been growing by 6.47% on average per year.
The Revenue has been growing slightly by 6.89% in the past year.
The Revenue has been growing by 12.05% on average over the past years. This is quite good.
EPS 1Y (TTM)-12.02%
EPS 3Y6.47%
EPS 5YN/A
EPS Q2Q%-20.96%
Revenue 1Y (TTM)6.89%
Revenue growth 3Y12.05%
Revenue growth 5YN/A
Sales Q2Q%4.58%
3.2 Future
RFG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.86% yearly.
Based on estimates for the next years, RFG will show a small growth in Revenue. The Revenue will grow by 6.00% on average per year.
EPS Next Y18.18%
EPS Next 2Y15.47%
EPS Next 3Y14.86%
EPS Next 5YN/A
Revenue Next Year8.54%
Revenue Next 2Y8.21%
Revenue Next 3Y7.68%
Revenue Next 5Y6%
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
Based on the Price/Earnings ratio of 28.65, the valuation of RFG can be described as expensive.
RFG's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.65, RFG is valued at the same level.
With a Price/Forward Earnings ratio of 21.92, RFG is valued on the expensive side.
RFG's Price/Forward Earnings is on the same level as the industry average.
RFG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.45, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.65 | ||
| Fwd PE | 21.92 |
4.2 Price Multiples
RFG's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.7 |
4.3 Compensation for Growth
RFG's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as RFG's earnings are expected to grow with 14.86% in the coming years.
PEG (NY)1.58
PEG (5Y)N/A
EPS Next 2Y15.47%
EPS Next 3Y14.86%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.87%, RFG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.04, RFG is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.41, RFG is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.87% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
53.03% of the earnings are spent on dividend by RFG. This is a bit on the high side, but may be sustainable.
DP53.03%
EPS Next 2Y15.47%
EPS Next 3Y14.86%
BIT:RFG (11/14/2025, 7:00:00 PM)
4.87
+0.12 (+2.53%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners19.87%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap133.39M
Revenue(TTM)67.38M
Net Income(TTM)4.65M
Analysts83.33
Price Target6.32 (29.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.87% |
Yearly Dividend0.09
Dividend Growth(5Y)N/A
DP53.03%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.65 | ||
| Fwd PE | 21.92 | ||
| P/S | 1.98 | ||
| P/FCF | N/A | ||
| P/OCF | 16.47 | ||
| P/B | 2.22 | ||
| P/tB | 3.02 | ||
| EV/EBITDA | 13.7 |
EPS(TTM)0.17
EY3.49%
EPS(NY)0.22
Fwd EY4.56%
FCF(TTM)-0.13
FCFYN/A
OCF(TTM)0.3
OCFY6.07%
SpS2.46
BVpS2.2
TBVpS1.61
PEG (NY)1.58
PEG (5Y)N/A
Graham Number2.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 7.73% | ||
| ROCE | 9.08% | ||
| ROIC | 7.64% | ||
| ROICexc | 8.33% | ||
| ROICexgc | 11.06% | ||
| OM | 9.32% | ||
| PM (TTM) | 6.9% | ||
| GM | 61.6% | ||
| FCFM | N/A |
ROA(3y)7.76%
ROA(5y)6.55%
ROE(3y)13.38%
ROE(5y)14.13%
ROIC(3y)10.47%
ROIC(5y)9.81%
ROICexc(3y)12.37%
ROICexc(5y)12.31%
ROICexgc(3y)17.52%
ROICexgc(5y)18.86%
ROCE(3y)12.55%
ROCE(5y)12.34%
ROICexgc growth 3Y-22.36%
ROICexgc growth 5YN/A
ROICexc growth 3Y-16.38%
ROICexc growth 5YN/A
OM growth 3Y-5.75%
OM growth 5YN/A
PM growth 3Y-0.36%
PM growth 5YN/A
GM growth 3Y1.51%
GM growth 5YN/A
F-Score7
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.91 | ||
| Cap/Depr | 303.19% | ||
| Cap/Sales | 17.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.84% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.28 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 4.27 |
F-Score7
WACC7.83%
ROIC/WACC0.98
Cap/Depr(3y)209.25%
Cap/Depr(5y)155.52%
Cap/Sales(3y)10.44%
Cap/Sales(5y)7.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-12.02%
EPS 3Y6.47%
EPS 5YN/A
EPS Q2Q%-20.96%
EPS Next Y18.18%
EPS Next 2Y15.47%
EPS Next 3Y14.86%
EPS Next 5YN/A
Revenue 1Y (TTM)6.89%
Revenue growth 3Y12.05%
Revenue growth 5YN/A
Sales Q2Q%4.58%
Revenue Next Year8.54%
Revenue Next 2Y8.21%
Revenue Next 3Y7.68%
Revenue Next 5Y6%
EBIT growth 1Y-2.59%
EBIT growth 3Y5.6%
EBIT growth 5YN/A
EBIT Next Year87.71%
EBIT Next 3Y34.67%
EBIT Next 5Y22.22%
FCF growth 1Y39.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y634.42%
OCF growth 3Y19.41%
OCF growth 5YN/A
RACING FORCE SPA / RFG.MI FAQ
What is the fundamental rating for RFG stock?
ChartMill assigns a fundamental rating of 4 / 10 to RFG.MI.
Can you provide the valuation status for RACING FORCE SPA?
ChartMill assigns a valuation rating of 2 / 10 to RACING FORCE SPA (RFG.MI). This can be considered as Overvalued.
Can you provide the profitability details for RACING FORCE SPA?
RACING FORCE SPA (RFG.MI) has a profitability rating of 5 / 10.
What is the valuation of RACING FORCE SPA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for RACING FORCE SPA (RFG.MI) is 28.65 and the Price/Book (PB) ratio is 2.22.
What is the financial health of RACING FORCE SPA (RFG.MI) stock?
The financial health rating of RACING FORCE SPA (RFG.MI) is 6 / 10.