| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
RFT Stock Overview
Rectifier Technologies Limited, together with its subsidiaries, designs and manufactures power rectifiers in Australia, Asia, North America, South America, Europe, and Oceania.
Rectifier Technologies Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.043 |
| 52 Week High | AU$0.096 |
| 52 Week Low | AU$0.028 |
| Beta | 0.46 |
| 1 Month Change | -21.30% |
| 3 Month Change | -24.11% |
| 1 Year Change | 14.87% |
| 3 Year Change | -7.61% |
| 5 Year Change | 150.00% |
| Change since IPO | -95.57% |
Recent News & Updates
Rectifier Technologies (ASX:RFT) Has A Pretty Healthy Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Rectifier Technologies (ASX:RFT) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
These 4 Measures Indicate That Rectifier Technologies (ASX:RFT) Is Using Debt Reasonably Well
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Shareholder Returns
| RFT | AU Electrical | AU Market | |
|---|---|---|---|
| 7D | -7.6% | 1.0% | 1.4% |
| 1Y | 14.9% | -29.9% | -11.3% |
Return vs Industry: RFT exceeded the Australian Electrical industry which returned -29.9% over the past year.
Return vs Market: RFT exceeded the Australian Market which returned -11.3% over the past year.
Price Volatility
| RFT volatility | |
|---|---|
| RFT Average Weekly Movement | 7.9% |
| Electrical Industry Average Movement | 10.4% |
| Market Average Movement | 9.7% |
| 10% most volatile stocks in AU Market | 16.3% |
| 10% least volatile stocks in AU Market | 4.2% |
Stable Share Price: RFT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: RFT's weekly volatility has decreased from 18% to 8% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | n/a | Yanbin Wang | https://www.rectifiertechnologies.com |
Rectifier Technologies Limited, together with its subsidiaries, designs and manufactures power rectifiers in Australia, Asia, North America, South America, Europe, and Oceania. The company operates in four segments: Electronic Components; Electricity generation/ Distribution and Defence; Transport and Telecommunication; and Electric vehicles. It offers electronic components; rectifiers, controllers, accessories, and systems for the power generation, distribution, and defense industries; and power supplies for the transport and telecommunications industries.
Rectifier Technologies Fundamentals Summary
| RFT fundamental statistics | |
|---|---|
| Market Cap | AU$58.47m |
| Earnings (TTM) | AU$349.55k |
| Revenue (TTM) | AU$11.66m |
170.0x
P/E Ratio5.0x
P/S RatioIs RFT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RFT income statement (TTM) | |
|---|---|
| Revenue | AU$11.66m |
| Cost of Revenue | AU$4.54m |
| Gross Profit | AU$7.12m |
| Other Expenses | AU$6.77m |
| Earnings | AU$349.55k |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.00025 |
| Gross Margin | 61.10% |
| Net Profit Margin | 3.00% |
| Debt/Equity Ratio | 28.0% |
How did RFT perform over the long term?
See historical performance and comparisonValuation
Is RFT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RFT?
Other financial metrics that can be useful for relative valuation.
| What is RFT's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$58.47m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4.9x |
| Enterprise Value/EBITDA | 78.5x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does RFT's PS Ratio compare to its peers?
| RFT PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 5.9x | ||
ECL Excelsior Capital | 0.5x | n/a | AU$42.3m |
RFX RedFlow | 20.8x | n/a | AU$61.6m |
EGY Energy Technologies | 1.3x | n/a | AU$15.0m |
FOS FOS Capital | 0.9x | n/a | AU$9.5m |
RFT Rectifier Technologies | 5x | n/a | AU$58.5m |
Price-To-Sales vs Peers: RFT is good value based on its Price-To-Sales Ratio (5x) compared to the peer average (5.9x).
Price to Earnings Ratio vs Industry
How does RFT's PE Ratio compare vs other companies in the Global Electrical Industry?
Price-To-Sales vs Industry: RFT is expensive based on its Price-To-Sales Ratio (5x) compared to the Global Electrical industry average (1.5x)
Price to Sales Ratio vs Fair Ratio
What is RFT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 5x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate RFT's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of RFT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate RFT's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate RFT's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RFT's PEG Ratio to determine if it is good value.
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Future Growth
How is Rectifier Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
26.3%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rectifier Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine Rectifier Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Rectifier Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Rectifier Technologies performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
7.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RFT has a large one-off gain of A$435.9K impacting its December 31 2021 financial results.
Growing Profit Margin: RFT's current net profit margins (3%) are lower than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: RFT's earnings have grown by 7.5% per year over the past 5 years.
Accelerating Growth: RFT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RFT had negative earnings growth (-67.9%) over the past year, making it difficult to compare to the Electrical industry average (13.4%).
Return on Equity
High ROE: RFT's Return on Equity (3.8%) is considered low.
Discover strong past performing companies
Financial Health
How is Rectifier Technologies's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: RFT's short term assets (A$10.7M) exceed its short term liabilities (A$4.1M).
Long Term Liabilities: RFT's short term assets (A$10.7M) exceed its long term liabilities (A$3.3M).
Debt to Equity History and Analysis
Debt Level: RFT has more cash than its total debt.
Reducing Debt: RFT's debt to equity ratio has increased from 0.4% to 28% over the past 5 years.
Debt Coverage: RFT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RFT's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Dividend
What is Rectifier Technologies's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RFT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RFT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RFT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RFT's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: RFT is not paying a notable dividend for the Australian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RFT has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
10.8yrs
Average board tenure
CEO
Yanbin Wang
11.67yrs
Tenure
AU$386,754
Compensation
Mr. Yanbin Wang has been the Chief Executive Officer of Rectifier Technologies Limited since October 13, 2010. Mr. Wang served as the Chief Operations Officer of Tianjin IC Card Public Network Company of T...
CEO Compensation Analysis
Compensation vs Market: Yanbin's total compensation ($USD268.80K) is about average for companies of similar size in the Australian market ($USD288.24K).
Compensation vs Earnings: Yanbin's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: RFT's board of directors are seasoned and experienced ( 10.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Rectifier Technologies Limited's employee growth, exchange listings and data sources
Key Information
- Name: Rectifier Technologies Limited
- Ticker: RFT
- Exchange: ASX
- Founded: 1992
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: AU$58.467m
- Shares outstanding: 1.38b
- Website: https://www.rectifiertechnologies.com
Location
- Rectifier Technologies Limited
- 97 Highbury Road
- Burwood
- Victoria
- 3125
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/26 00:00 |
| End of Day Share Price | 2022/06/24 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.