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Rubicor Group

ASX:RUB
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RUB
ASX
A$2M
Market Cap
  1. Home
  2. AU
  3. Commercial Services
Company description

Rubicor Group Limited provides contracting and recruitment services in Australia, New Zealand, Hong Kong, Singapore, and the United Kingdom. The last earnings update was 238 days ago. More info.


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RUB Share Price and Events
7 Day Returns
0%
ASX:RUB
-1.2%
AU Professional Services
2.5%
AU Market
1 Year Returns
-65.5%
ASX:RUB
11%
AU Professional Services
5%
AU Market
RUB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Rubicor Group (RUB) 0% 0% 0% -65.5% -77.8% -84.6%
AU Professional Services -1.2% 5% 11.3% 11% 26.3% 13.3%
AU Market 2.5% 2.4% 4.8% 5% 19.3% 8.7%
1 Year Return vs Industry and Market
  • RUB underperformed the Professional Services industry which returned 11% over the past year.
  • RUB underperformed the Market in Australia which returned 5% over the past year.
Price Volatility
RUB
Industry
5yr Volatility vs Market
Related Companies

RUB Value

 Is Rubicor Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Rubicor Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Rubicor Group.

ASX:RUB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 14.2%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:RUB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.875 (1 + (1- 30%) (485.63%))
2.909
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (2 * 5.96%)
14.23%

Discounted Cash Flow Calculation for ASX:RUB using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Rubicor Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:RUB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 14.23%)
2019 0.63 Est @ -25.48% 0.55
2020 0.52 Est @ -17.14% 0.40
2021 0.46 Est @ -11.31% 0.31
2022 0.43 Est @ -7.22% 0.25
2023 0.41 Est @ -4.36% 0.21
2024 0.40 Est @ -2.36% 0.18
2025 0.40 Est @ -0.96% 0.16
2026 0.40 Est @ 0.02% 0.14
2027 0.40 Est @ 0.71% 0.12
2028 0.40 Est @ 1.19% 0.11
Present value of next 10 years cash flows A$2.42
ASX:RUB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$0.40 × (1 + 2.31%) ÷ (14.23% – 2.31%)
A$3.46
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$3.46 ÷ (1 + 14.23%)10
A$0.92
ASX:RUB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$2.42 + A$0.92
A$3.34
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$3.34 / 242.37
A$0.01
ASX:RUB Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$0.01
Current discount Discount to share price of A$0.01
= -1 x (A$0.01 - A$0.01) / A$0.01
27.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Rubicor Group is available for.
Intrinsic value
27%
Share price is A$0.01 vs Future cash flow value of A$0.01376
Current Discount Checks
For Rubicor Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Rubicor Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Rubicor Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Rubicor Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Rubicor Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:RUB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in AUD A$-0.05
ASX:RUB Share Price ** ASX (2019-02-26) in AUD A$0.01
Australia Professional Services Industry PE Ratio Median Figure of 10 Publicly-Listed Professional Services Companies 17.96x
Australia Market PE Ratio Median Figure of 542 Publicly-Listed Companies 16.39x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Rubicor Group.

ASX:RUB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:RUB Share Price ÷ EPS (both in AUD)

= 0.01 ÷ -0.05

-0.22x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rubicor Group is loss making, we can't compare its value to the AU Professional Services industry average.
  • Rubicor Group is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Rubicor Group's expected growth come at a high price?
Raw Data
ASX:RUB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.22x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Professional Services Industry PEG Ratio Median Figure of 8 Publicly-Listed Professional Services Companies 1.19x
Australia Market PEG Ratio Median Figure of 358 Publicly-Listed Companies 1.43x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Rubicor Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Rubicor Group's assets?
Raw Data
ASX:RUB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in AUD A$-0.02
ASX:RUB Share Price * ASX (2019-02-26) in AUD A$0.01
Australia Professional Services Industry PB Ratio Median Figure of 23 Publicly-Listed Professional Services Companies 1.99x
Australia Market PB Ratio Median Figure of 1,680 Publicly-Listed Companies 1.66x
ASX:RUB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:RUB Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ -0.02

-0.51x

* Primary Listing of Rubicor Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rubicor Group has negative assets, we can't compare the value of its assets to the AU Professional Services industry average.
X
Value checks
We assess Rubicor Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. Rubicor Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RUB Future Performance

 How is Rubicor Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Rubicor Group 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
29.3%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Rubicor Group expected to grow at an attractive rate?
  • Unable to compare Rubicor Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Rubicor Group's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Rubicor Group's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:RUB Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 29.3%
Australia Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 11.3%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:RUB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:RUB Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-06-30 189 1 -11
2018-03-31 189 -1 -9
2017-12-31 188 -4 -6
2017-09-30 194 -8 5
2017-06-30 200 -12 16
2017-03-31 204 -8 10
2016-12-31 207 -3 5
2016-09-30 207 2 -1
2016-06-30 206 6 -8
2016-03-31 206 2 -6
2015-12-31 206 -5 -5
2015-09-30 205 -5 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Rubicor Group is high growth as no earnings estimate data is available.
  • Unable to determine if Rubicor Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:RUB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Rubicor Group Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RUB Past Financials Data
Date (Data in AUD Millions) EPS *
2018-06-30 -0.05
2018-03-31 -0.03
2017-12-31 -0.02
2017-09-30 0.02
2017-06-30 0.06
2017-03-31 0.04
2016-12-31 0.02
2016-09-30 -0.01
2016-06-30 -0.05
2016-03-31 -0.05
2015-12-31 -0.04
2015-09-30 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Rubicor Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of RUB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Rubicor Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Rubicor Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Rubicor Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Rubicor Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RUB Past Performance

  How has Rubicor Group performed over the past 5 years?

  • Rubicor Group's last earnings update was 238 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Rubicor Group's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Rubicor Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Rubicor Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Rubicor Group's 1-year growth to the AU Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Rubicor Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Rubicor Group Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:RUB Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 189.13 -11.16 5.72
2018-03-31 188.55 -8.53 5.89
2017-12-31 187.98 -5.90 6.06
2017-09-30 193.89 4.83 5.99
2017-06-30 199.80 15.55 5.93
2017-03-31 203.60 10.31 5.78
2016-12-31 207.39 5.06 5.64
2016-09-30 206.80 -1.34 5.93
2016-06-30 206.22 -7.74 6.23
2016-03-31 206.28 -6.07 7.12
2015-12-31 205.94 -4.68 6.53
2015-09-30 205.13 -4.53 5.87
2015-06-30 204.31 -4.38 5.22
2015-03-31 201.41 -3.30 4.36
2014-12-31 198.52 -2.21 3.49
2014-09-30 198.27 41.10 3.56
2014-06-30 198.03 84.41 3.63
2014-03-31 205.47 79.11 3.78
2013-12-31 212.90 73.81 3.93
2013-09-30 225.30 24.69 4.35
2013-06-30 237.70 -24.43 4.77
2013-03-31 252.55 -39.01 5.17
2012-12-31 267.40 -53.58 5.57
2012-09-30 278.97 -57.57 5.71
2012-06-30 290.54 -61.55 5.84

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Rubicor Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Rubicor Group has efficiently used its assets last year compared to the AU Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Rubicor Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Rubicor Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Rubicor Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RUB Health

 How is Rubicor Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Rubicor Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Rubicor Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Rubicor Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Rubicor Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Rubicor Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Rubicor Group Company Filings, last reported 10 months ago.

ASX:RUB Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 -4.71 11.77 0.47
2018-03-31 -4.71 11.77 0.47
2017-12-31 -2.92 17.28 0.91
2017-09-30 -2.92 17.28 0.91
2017-06-30 9.05 15.01 1.86
2017-03-31 9.05 15.01 1.86
2016-12-31 3.39 15.02 1.82
2016-09-30 3.39 15.02 1.82
2016-06-30 -8.82 11.63 10.13
2016-03-31 -7.69 11.63 10.13
2015-12-31 -3.95 15.18 2.91
2015-09-30 -3.95 15.18 2.91
2015-06-30 -4.05 14.28 0.72
2015-03-31 -4.05 14.28 0.72
2014-12-31 -1.01 13.21 2.50
2014-09-30 -1.01 13.21 2.50
2014-06-30 0.30 11.23 2.36
2014-03-31 0.30 11.23 2.36
2013-12-31 1.89 9.64 0.73
2013-09-30 1.89 9.64 0.73
2013-06-30 -83.90 88.61 0.79
2013-03-31 -83.90 88.61 0.79
2012-12-31 -72.53 91.89 0.95
2012-09-30 -72.53 91.89 0.95
2012-06-30 -60.22 91.11 1.38
  • Rubicor Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Rubicor Group's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (11.8%, less than 20% of total debt).
  • Rubicor Group is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Rubicor Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Rubicor Group has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RUB Dividends

 What is Rubicor Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Rubicor Group dividends.
If you bought A$2,000 of Rubicor Group shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Rubicor Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Rubicor Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:RUB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 3%
Australia Market Average Dividend Yield Market Cap Weighted Average of 414 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:RUB Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2010-02-24 0.000 0.000
2009-09-29 0.000 0.000
2009-08-28 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Rubicor Group has not reported any payouts.
  • Unable to verify if Rubicor Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Rubicor Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Rubicor Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Rubicor Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Rubicor Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Rubicor Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RUB Management

 What is the CEO of Rubicor Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sharad Loomba
COMPENSATION A$664,893
TENURE AS CEO 0.5 years
CEO Bio

Mr. Sharad Loomba, FAICD, has been the Chief Executive Officer of Rubicor Group Limited since November 30, 2018 and as its Executive Director since August 20, 2015. Mr. Loomba served as the Chief Operating Officer of Rubicor Group Limited from July 01, 2017 to November 30, 2018. He served as Company Secretary and General Counsel of Rubicor Group Limited from May 2007 to July 01, 2017. He managed the legal and secretarial functions as well as providing legal counsel for the various subsidiaries in the Rubicor Group. He is responsible for advising the Board and senior management on all legal issues which arise. He commenced with Rubicor in May 2007. He is a corporate/commercial lawyer with 14 years experience. He has had extensive experience in a broad range of corporate/commercial deals from mergers and acquisitions, capital markets, joint ventures and general corporate advisory. He began his career as a Solicitor with Allen & Hemsley in 1993 and has since worked for Cravath Swaine & Moore (in New York), and Clayton Utz and Landerer & Co. Mr. Loomba holds a Bachelor of Commerce and a Bachelor of Laws from the University of New South Wales and was admitted in New South Wales in December 1992.

CEO Compensation
  • Sharad's compensation has increased whilst company is loss making.
  • Sharad's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Rubicor Group management team in years:

0.5
Average Tenure
  • The average tenure for the Rubicor Group management team is less than 2 years, this suggests a new team.
Management Team

David Hutchison

TITLE
Executive Chairman
COMPENSATION
A$661K
AGE
42
TENURE
0.5 yrs

Sharad Loomba

TITLE
CEO & Executive Director
COMPENSATION
A$665K
TENURE
0.5 yrs

Nathan Bartrop

TITLE
Joint Company Secretary
TENURE
2.8 yrs
Board of Directors Tenure

Average tenure of the Rubicor Group board of directors in years:

3.8
Average Tenure
  • The tenure for the Rubicor Group board of directors is about average.
Board of Directors

David Hutchison

TITLE
Executive Chairman
COMPENSATION
A$661K
AGE
42
TENURE
3.8 yrs

Sharad Loomba

TITLE
CEO & Executive Director
COMPENSATION
A$665K
TENURE
3.8 yrs

Angus Mason

TITLE
Non-Executive Director
COMPENSATION
A$58K
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Rubicor Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Rubicor Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RUB News

Simply Wall St News

Could The Rubicor Group Limited (ASX:RUB) Ownership Structure Tell Us Something Useful?

If you want to know who really controls Rubicor Group Limited (ASX:RUB), then you'll have to look at the makeup of its share registry. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Rubicor Group is a smaller company with a market capitalization of AU$2.9m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Should You Worry About Rubicor Group Limited's (ASX:RUB) CEO Salary Level?

In 2015 David Hutchison was appointed CEO of Rubicor Group Limited (ASX:RUB). … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … According to our data, Rubicor Group Limited has a market capitalization of AU$5m, and pays its CEO total annual compensation worth AU$390k.

Simply Wall St -

Who Owns Most Of Rubicor Group Limited (ASX:RUB)?

In this article, I will take a quick look at Rubicor Group Limited’s (ASX:RUB) recent ownership structure – an unconventional investing subject, but an important one. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

Breaking Down Rubicor Group Limited's (ASX:RUB) Ownership Structure

View our latest analysis for Rubicor Group ASX:RUB Ownership_summary Apr 14th 18 Insider Ownership Another important group of shareholders are company insiders. … ASX:RUB Insider_trading Apr 14th 18 General Public Ownership The general public holds a substantial 28.76% stake in RUB, making it a highly popular stock among retail investors. … Private Company Ownership Another important group of owners for potential investors in RUB are private companies that hold a stake of 12.23% in RUB.

Simply Wall St -

One Thing To Consider Before Buying Rubicor Group Limited (ASX:RUB)

Based on this beta value, RUB may be a stock for investors with a portfolio mainly made up of low-beta stocks. … I test RUB’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint. … Thus, we can expect RUB to be more stable in the face of market movements, relative to its peers of similar size but with a higher portion of fixed assets on their books.

Simply Wall St -

What Did Rubicor Group Limited's (ASX:RUB) CEO Take Home Last Year?

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … Even though one size does not fit all, as compensation should account for specific factors of the company and market, we can gauge a high-level benchmark to see if RUB is an outlier. … Usually I would use earnings and market cap to account for variations in performance, however, RUB's negative earnings lower the effectiveness of this method.

Simply Wall St -

What Investors Should Know About Rubicor Group Limited's (ASX:RUB) Financial Strength

ASX:RUB Historical Debt Nov 2nd 17 Unxpected adverse events, such as natural disasters and wars, can be a true test of a company’s capacity to meet its obligations. … We can test the impact of these adverse events by looking at whether cash from its current operations can pay back its current debt obligations. … This raises a red flag, looking at RUB's operations at this point in time.

Simply Wall St -

RUB Company Info

Description

Rubicor Group Limited provides contracting and recruitment services in Australia, New Zealand, Hong Kong, Singapore, and the United Kingdom. The company offers recruitment and human resource (HR) services, such as workforce sourcing, selection, payroll, and ongoing management; professional recruitment services for finance, banking, insurance, executive, professional support, and legal industries; and talent acquisition services for digital, technology, media, and sales and marketing sectors. It also provides temporary, contract, and permanent recruitment and HR services to the public sector; recruitment services for resources, infrastructure, manufacturing, utilities, and supply chain industries; and permanent and contract solutions to corporate and SME clients in the areas of sales, marketing, human resources, accounting, finance, supply chain, and procurement. The company is headquartered in Sydney, Australia.

Details
Name: Rubicor Group Limited
RUB
Exchange: ASX
Founded:
A$2,423,668
242,366,881
Website: http://www.rubicor.com.au
Address: Rubicor Group Limited
68 Pitt Street,
Level 24,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX RUB Ordinary Shares Australian Securities Exchange AU AUD 15. Jun 2007
Number of employees
Current staff
Staff numbers
165
Rubicor Group employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 10:33
End of day share price update: 2019/02/26 00:00
Last earnings filing: 2018/09/28
Last earnings reported: 2018/06/30
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.