Redbubble Limited operates as an online marketplace that facilitates the sale of art and design products.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$4.15|
|52 Week High||AU$2.62|
|52 Week Low||AU$7.35|
|1 Month Change||-4.82%|
|3 Month Change||9.79%|
|1 Year Change||-2.12%|
|3 Year Change||176.67%|
|5 Year Change||351.09%|
|Change since IPO||185.22%|
Recent News & Updates
An Intrinsic Calculation For Redbubble Limited (ASX:RBL) Suggests It's 48% Undervalued
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Redbubble Limited...
Redbubble's (ASX:RBL) Robust Earnings Are Supported By Other Strong Factors
When companies post strong earnings, the stock generally performs well, just like Redbubble Limited's ( ASX:RBL ) stock...
|RBL||AU Online Retail||AU Market|
Return vs Industry: RBL exceeded the Australian Online Retail industry which returned -24.1% over the past year.
Return vs Market: RBL underperformed the Australian Market which returned 21.3% over the past year.
Stable Share Price: RBL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: RBL's weekly volatility (11%) has been stable over the past year.
About the Company
Redbubble Limited operates as an online marketplace that facilitates the sale of art and design products. It offers clothing, face masks, phone cases, stickers, home and living products, wall arts, kids and baby clothing, accessories, stationery and office products, and gifts. The company provides its services through its website Redbubble.com, TeePublic.com, and other sites in Australia, the United States, the United Kingdom, and internationally.
Redbubble Fundamentals Summary
|RBL fundamental statistics|
Is RBL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RBL income statement (TTM)|
|Cost of Revenue||AU$499.11m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.11|
|Net Profit Margin||4.75%|
How did RBL perform over the long term?See historical performance and comparison
Is Redbubble undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RBL (A$4.15) is trading below our estimate of fair value (A$7.72)
Significantly Below Fair Value: RBL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RBL is good value based on its PE Ratio (36.5x) compared to the Australian Online Retail industry average (111.6x).
PE vs Market: RBL is poor value based on its PE Ratio (36.5x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: RBL is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: RBL is overvalued based on its PB Ratio (9.8x) compared to the AU Online Retail industry average (6.5x).
How is Redbubble forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RBL's forecast earnings growth (25.2% per year) is above the savings rate (1.9%).
Earnings vs Market: RBL's earnings (25.2% per year) are forecast to grow faster than the Australian market (11.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RBL's revenue (10.5% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: RBL's revenue (10.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RBL's Return on Equity is forecast to be high in 3 years time (21.5%)
How has Redbubble performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RBL has high quality earnings.
Growing Profit Margin: RBL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RBL has become profitable over the past 5 years, growing earnings by 37.6% per year.
Accelerating Growth: RBL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RBL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (54%).
Return on Equity
High ROE: RBL's Return on Equity (27%) is considered high.
How is Redbubble's financial position?
Financial Position Analysis
Short Term Liabilities: RBL's short term assets (A$113.8M) exceed its short term liabilities (A$66.7M).
Long Term Liabilities: RBL's short term assets (A$113.8M) exceed its long term liabilities (A$4.0M).
Debt to Equity History and Analysis
Debt Level: RBL is debt free.
Reducing Debt: RBL had no debt 5 years ago.
Debt Coverage: RBL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RBL has no debt, therefore coverage of interest payments is not a concern.
What is Redbubble current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RBL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RBL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RBL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RBL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RBL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Michael J. Ilczynski, also known as Mike, serves as Group Chief Executive Officer at Redbubble Limited since January 27, 2021. Mr. Ilczynski was CEO of Asia Pacific and Americas at SEEK Limited from Ma...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD920.38K) is about average for companies of similar size in the Australian market ($USD987.95K).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
Experienced Management: RBL's management team is considered experienced (2.2 years average tenure).
Experienced Board: RBL's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RBL insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Redbubble Limited's employee growth, exchange listings and data sources
- Name: Redbubble Limited
- Ticker: RBL
- Exchange: ASX
- Founded: 2006
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: AU$1.139b
- Shares outstanding: 274.45m
- Website: https://www.redbubble.com
Number of Employees
- Redbubble Limited
- 271 Collins Street
- Level 3
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:51|
|End of Day Share Price||2021/10/25 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.