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$0.038|
|52 Week High||AU$0.096|
|52 Week Low||AU$0.03|
|1 Month Change||-19.15%|
|3 Month Change||-5.00%|
|1 Year Change||22.58%|
|3 Year Change||-35.59%|
|5 Year Change||80.95%|
|Change since IPO||-96.04%|
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...
|RFT||AU Electrical||AU Market|
Return vs Industry: RFT exceeded the Australian Electrical industry which returned -63.9% over the past year.
Return vs Market: RFT exceeded the Australian Market which returned -11.9% over the past year.
|RFT Average Weekly Movement||7.5%|
|Electrical Industry Average Movement||10.0%|
|Market Average Movement||9.7%|
|10% most volatile stocks in AU Market||16.8%|
|10% least volatile stocks in AU Market||4.3%|
Stable Share Price: RFT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: RFT's weekly volatility has decreased from 18% to 7% over the past year.
About the Company
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|
Is RFT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RFT income statement (TTM)|
|Cost of Revenue||AU$5.56m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.00037|
|Net Profit Margin||3.21%|
How did RFT perform over the long term?See historical performance and comparison
Is RFT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
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?|
Price to Earnings Ratio vs Peers
How does RFT's PE Ratio compare to its peers?
|RFT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ECL Excelsior Capital
SKS SKS Technologies Group
FOS FOS Capital
RFT Rectifier Technologies
Price-To-Earnings vs Peers: RFT is expensive based on its Price-To-Earnings Ratio (102.7x) compared to the peer average (13.5x).
Price to Earnings Ratio vs Industry
How does RFT's PE Ratio compare vs other companies in the Global Electrical Industry?
Price-To-Earnings vs Industry: RFT is expensive based on its Price-To-Earnings Ratio (102.7x) compared to the Global Electrical industry average (22.7x)
Price to Earnings Ratio vs Fair Ratio
What is RFT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||102.7x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RFT's Price-To-Earnings 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.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Rectifier Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
How has Rectifier Technologies performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RFT has a high level of non-cash earnings.
Growing Profit Margin: RFT's current net profit margins (3.2%) are lower than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: RFT's earnings have grown by 0.4% 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 (-5.7%) over the past year, making it difficult to compare to the Electrical industry average (10.9%).
Return on Equity
High ROE: RFT's Return on Equity (5.4%) is considered low.
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How is Rectifier Technologies's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RFT's short term assets (A$16.8M) exceed its short term liabilities (A$8.6M).
Long Term Liabilities: RFT's short term assets (A$16.8M) exceed its long term liabilities (A$5.0M).
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 36.6% to 56.3% 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 (6.2x coverage).
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What is Rectifier Technologies's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Rectifier Technologies Dividend Yield vs Market|
|Company (Rectifier Technologies)||0%|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.1%|
|Industry Average (Electrical)||1.4%|
|Analyst forecast in 3 Years (Rectifier Technologies)||n/a|
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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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
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
|Yanbin Wang's Compensation vs Rectifier Technologies Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||AU$387k||AU$296k|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||AU$426k||AU$353k|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||AU$367k||AU$304k|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||AU$354k||AU$297k|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||n/a||n/a|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||AU$1m||AU$269k|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||n/a||n/a|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||AU$339k||AU$273k|
Compensation vs Market: Yanbin's total compensation ($USD250.91K) is about average for companies of similar size in the Australian market ($USD278.67K).
Compensation vs Earnings: Yanbin's compensation has been consistent with company performance over the past year.
Experienced Board: RFT's board of directors are seasoned and experienced ( 11 years average tenure).
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
|24 Mar 22||SellAU$35,857||Valentino Vescovi||Individual||600,000||AU$0.06|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Rectifier Technologies Limited's employee growth, exchange listings and data sources
- Name: Rectifier Technologies Limited
- Ticker: RFT
- Exchange: ASX
- Founded: 1992
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: AU$55.028m
- Shares outstanding: 1.38b
- Website: https://www.rectifiertechnologies.com
- Rectifier Technologies Limited
- 97 Highbury Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RFT||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 1994|
|RFT||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Oct 1994|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/27 00:00|
|End of Day Share Price||2022/09/27 00:00|
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.