RAMBUS INC (RMBS) Stock Fundamental Analysis
USA - NASDAQ:RMBS - US7509171069 - Common Stock
92.37 USD
-9.84 (-9.63%)
88.2 USD
-4.17 (-4.51%)
Overall RMBS gets a fundamental rating of 8 out of 10. We evaluated RMBS against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making RMBS a very profitable company, without any liquidiy or solvency issues. 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
RMBS had positive earnings in the past year.
In the past year RMBS had a positive cash flow from operations.
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 16.27%, RMBS belongs to the top of the industry, outperforming 91.07% of the companies in the same industry.
RMBS has a better Return On Equity (17.76%) than 83.93% of its industry peers.
RMBS's Return On Invested Capital of 16.75% is amongst the best of the industry. RMBS outperforms 91.96% 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 10.93%.
The 3 year average ROIC (9.26%) for RMBS is below the current ROIC(16.75%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.27% | ||
| ROE | 17.76% | ||
| ROIC | 16.75% |
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 33.72%, RMBS belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
In the last couple of years the Profit Margin of RMBS has grown nicely.
RMBS's Operating Margin of 36.56% is amongst the best of the industry. RMBS outperforms 94.64% of its industry peers.
RMBS's Operating Margin has improved in the last couple of years.
The Gross Margin of RMBS (80.00%) is better than 97.32% of its industry peers.
RMBS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.56% | ||
| PM (TTM) | 33.72% | ||
| GM | 80% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RMBS is still creating some value.
The number of shares outstanding for RMBS has been reduced compared to 1 year ago.
RMBS has less shares outstanding than it did 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
An Altman-Z score of 52.34 indicates that RMBS is not in any danger for bankruptcy at the moment.
The Altman-Z score of RMBS (52.34) is better than 95.54% 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 | 52.34 |
ROIC/WACC1.56
WACC10.72%
2.3 Liquidity
A Current Ratio of 11.61 indicates that RMBS has no problem at all paying its short term obligations.
RMBS has a better Current ratio (11.61) than 96.43% of its industry peers.
RMBS has a Quick Ratio of 11.01. This indicates that RMBS is financially healthy and has no problem in meeting its short term obligations.
RMBS's Quick ratio of 11.01 is amongst the best of the industry. RMBS outperforms 96.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.61 | ||
| Quick Ratio | 11.01 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 38.42% over the past year.
The Earnings Per Share has been growing by 14.14% on average over the past years. This is quite good.
Looking at the last year, RMBS shows a very strong growth in Revenue. The Revenue has grown by 31.05%.
Measured over the past years, RMBS shows a quite strong growth in Revenue. The Revenue has been growing by 19.59% on average per year.
EPS 1Y (TTM)38.42%
EPS 3Y10.73%
EPS 5Y14.14%
EPS Q2Q%23.53%
Revenue 1Y (TTM)31.05%
Revenue growth 3Y19.24%
Revenue growth 5Y19.59%
Sales Q2Q%22.68%
3.2 Future
The Earnings Per Share is expected to grow by 25.20% 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 2Y27.9%
EPS Next 3Y23.78%
EPS Next 5Y25.2%
Revenue Next Year24.97%
Revenue Next 2Y20.42%
Revenue Next 3Y19.28%
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.
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
With a Price/Earnings ratio of 37.70, RMBS can be considered very expensive at the moment.
Based on the Price/Earnings ratio, RMBS is valued a bit cheaper than the industry average as 66.07% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.91, RMBS is valued a bit more expensive.
The Price/Forward Earnings ratio is 30.36, which means the current valuation is very expensive for RMBS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RMBS is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.57, RMBS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.7 | ||
| Fwd PE | 30.36 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RMBS is valued a bit cheaper than 61.61% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, RMBS is valued a bit cheaper than 76.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.99 | ||
| EV/EBITDA | 29.98 |
4.3 Compensation for Growth
RMBS's 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.
A more expensive valuation may be justified as RMBS's earnings are expected to grow with 23.78% in the coming years.
PEG (NY)1.02
PEG (5Y)2.67
EPS Next 2Y27.9%
EPS Next 3Y23.78%
5. Dividend
5.1 Amount
RMBS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
92.37
-9.84 (-9.63%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners93.35%
Inst Owner Change-3.01%
Ins Owners0.73%
Ins Owner Change-1.69%
Market Cap9.94B
Revenue(TTM)678.49M
Net Income(TTM)228.82M
Analysts81.25
Price Target111.78 (21.01%)
Short Float %4.14%
Short Ratio2.13
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)-0.53%
Min EPS beat(2)-1.74%
Max EPS beat(2)0.68%
EPS beat(4)2
Avg EPS beat(4)1.87%
Min EPS beat(4)-4.79%
Max EPS beat(4)13.32%
EPS beat(8)3
Avg EPS beat(8)-2.2%
EPS beat(12)7
Avg EPS beat(12)0.05%
EPS beat(16)8
Avg EPS beat(16)-4.04%
Revenue beat(2)1
Avg Revenue beat(2)0.05%
Min Revenue beat(2)-0.32%
Max Revenue beat(2)0.41%
Revenue beat(4)2
Avg Revenue beat(4)0.02%
Min Revenue beat(4)-0.33%
Max Revenue beat(4)0.41%
Revenue beat(8)2
Avg Revenue beat(8)-2.85%
Revenue beat(12)2
Avg Revenue beat(12)-8.03%
Revenue beat(16)2
Avg Revenue beat(16)-11.31%
PT rev (1m)17.24%
PT rev (3m)41.45%
EPS NQ rev (1m)2.38%
EPS NQ rev (3m)2.82%
EPS NY rev (1m)0%
EPS NY rev (3m)0.44%
Revenue NQ rev (1m)3.6%
Revenue NQ rev (3m)3.6%
Revenue NY rev (1m)1.22%
Revenue NY rev (3m)1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.7 | ||
| Fwd PE | 30.36 | ||
| P/S | 14.65 | ||
| P/FCF | 33.99 | ||
| P/OCF | 31.14 | ||
| P/B | 7.71 | ||
| P/tB | 10.04 | ||
| EV/EBITDA | 29.98 |
EPS(TTM)2.45
EY2.65%
EPS(NY)3.04
Fwd EY3.29%
FCF(TTM)2.72
FCFY2.94%
OCF(TTM)2.97
OCFY3.21%
SpS6.31
BVpS11.98
TBVpS9.2
PEG (NY)1.02
PEG (5Y)2.67
Graham Number25.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.27% | ||
| ROE | 17.76% | ||
| ROCE | 18.63% | ||
| ROIC | 16.75% | ||
| ROICexc | 33.87% | ||
| ROICexgc | 62.02% | ||
| OM | 36.56% | ||
| PM (TTM) | 33.72% | ||
| GM | 80% | ||
| FCFM | 43.09% |
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
ROICexgc growth 3Y30.89%
ROICexgc 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 Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 65.21% | ||
| Cap/Sales | 3.95% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 110.38% | ||
| Profit Quality | 127.78% | ||
| Current Ratio | 11.61 | ||
| Quick Ratio | 11.01 | ||
| Altman-Z | 52.34 |
F-Score8
WACC10.72%
ROIC/WACC1.56
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)38.42%
EPS 3Y10.73%
EPS 5Y14.14%
EPS Q2Q%23.53%
EPS Next Y36.82%
EPS Next 2Y27.9%
EPS Next 3Y23.78%
EPS Next 5Y25.2%
Revenue 1Y (TTM)31.05%
Revenue growth 3Y19.24%
Revenue growth 5Y19.59%
Sales Q2Q%22.68%
Revenue Next Year24.97%
Revenue Next 2Y20.42%
Revenue Next 3Y19.28%
Revenue Next 5Y9.86%
EBIT growth 1Y50.26%
EBIT growth 3Y95.61%
EBIT growth 5YN/A
EBIT Next Year34.84%
EBIT Next 3Y21.47%
EBIT Next 5YN/A
FCF growth 1Y77.3%
FCF growth 3Y0.76%
FCF growth 5Y10.38%
OCF growth 1Y66.07%
OCF growth 3Y3.3%
OCF growth 5Y12.41%
RAMBUS INC / RMBS FAQ
What is the ChartMill fundamental rating of RAMBUS INC (RMBS) stock?
ChartMill assigns a fundamental rating of 8 / 10 to RMBS.
Can you provide the valuation status for RAMBUS INC?
ChartMill assigns a valuation rating of 5 / 10 to RAMBUS INC (RMBS). This can be considered as Fairly Valued.
What is the profitability of RMBS stock?
RAMBUS INC (RMBS) has a profitability rating of 8 / 10.
What is the valuation of RAMBUS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for RAMBUS INC (RMBS) is 37.7 and the Price/Book (PB) ratio is 7.71.
What is the financial health of RAMBUS INC (RMBS) stock?
The financial health rating of RAMBUS INC (RMBS) is 10 / 10.