RAMBUS INC (RMBS) Stock Fundamental Analysis
USA - NASDAQ:RMBS - US7509171069 - Common Stock
97.05 USD
+2.17 (+2.29%)
97 USD
-0.05 (-0.05%)
Overall RMBS gets a fundamental rating of 7 out of 10. We evaluated RMBS against 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 showing excellent growth while it is valued at reasonable prices. 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.
The reported net income has been mixed in the past 5 years: RMBS reported negative net income in multiple years.
In the past 5 years RMBS always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 15.61%, RMBS belongs to the best 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.
The Average Return On Invested Capital over the past 3 years for RMBS is in line with the industry average of 10.87%.
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
RMBS has a better Profit Margin (35.49%) than 94.64% of its industry peers.
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.
RMBS's Operating Margin has improved in the last couple of years.
RMBS has a Gross Margin of 80.29%. This is amongst the best in the industry. RMBS outperforms 97.32% of its industry peers.
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 | 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.
Compared to 1 year ago, RMBS has less shares outstanding
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 27.06 indicates that RMBS is not in any danger for bankruptcy at the moment.
RMBS's Altman-Z score of 27.06 is amongst the best of the industry. RMBS outperforms 92.86% 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 | 27.06 |
ROIC/WACC1.36
WACC11.33%
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.
RMBS has a better Current ratio (10.85) than 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.
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 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
RMBS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.01% yearly.
The Revenue is expected to grow by 9.86% on average over the next years. This is quite good.
EPS Next Y35.89%
EPS Next 2Y26.64%
EPS Next 3Y23.02%
EPS Next 5Y21.01%
Revenue Next Year23.46%
Revenue Next 2Y18.28%
Revenue Next 3Y17.48%
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
A Price/Earnings ratio of 40.61 indicates a quite expensive valuation of RMBS.
60.71% of the companies in the same industry are more expensive than RMBS, based on the Price/Earnings ratio.
RMBS is valuated rather expensively when we compare the Price/Earnings ratio to 27.27, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 32.54, which means the current valuation is very expensive for RMBS.
RMBS's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.77. RMBS is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.61 | ||
| Fwd PE | 32.54 |
4.2 Price Multiples
RMBS's Enterprise Value to EBITDA ratio is in line with the industry average.
70.54% 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 | 39.84 | ||
| EV/EBITDA | 32.47 |
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 23.02% in the coming years.
PEG (NY)1.13
PEG (5Y)2.87
EPS Next 2Y26.64%
EPS Next 3Y23.02%
5. Dividend
5.1 Amount
RMBS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
97.05
+2.17 (+2.29%)
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 Change1.56%
Market Cap10.44B
Analysts81.25
Price Target80.73 (-16.82%)
Short Float %3.94%
Short Ratio2.9
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)2.15%
PT rev (3m)7.68%
EPS NQ rev (1m)-0.23%
EPS NQ rev (3m)-0.45%
EPS NY rev (1m)-0.24%
EPS NY rev (3m)-0.58%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)0.73%
Revenue NY rev (1m)0.5%
Revenue NY rev (3m)1.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.61 | ||
| Fwd PE | 32.54 | ||
| P/S | 16.18 | ||
| P/FCF | 39.84 | ||
| P/OCF | 35.66 | ||
| P/B | 8.5 | ||
| P/tB | 11.26 | ||
| EV/EBITDA | 32.47 |
EPS(TTM)2.39
EY2.46%
EPS(NY)2.98
Fwd EY3.07%
FCF(TTM)2.44
FCFY2.51%
OCF(TTM)2.72
OCFY2.8%
SpS6
BVpS11.41
TBVpS8.62
PEG (NY)1.13
PEG (5Y)2.87
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 | 27.06 |
F-Score8
WACC11.33%
ROIC/WACC1.36
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 Y35.89%
EPS Next 2Y26.64%
EPS Next 3Y23.02%
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 2Y18.28%
Revenue Next 3Y17.48%
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%