Redbubble Limited operates as an online marketplace that facilitates the sale and purchase of art and designs on a range of products between independent creatives and consumers. More Details
Excellent balance sheet with high growth potential.
Share Price & News
How has Redbubble's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RBL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: RBL's weekly volatility (13%) has been stable over the past year.
7 Day Return
AU Online Retail
1 Year Return
AU Online Retail
Return vs Industry: RBL exceeded the Australian Online Retail industry which returned 5.5% over the past year.
Return vs Market: RBL exceeded the Australian Market which returned -1.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Redbubble's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StBreakeven Is Near for Redbubble Limited (ASX:RBL)
4 weeks ago | Simply Wall StThis Insider Has Just Sold Shares In Redbubble Limited (ASX:RBL)
1 month ago | Simply Wall StDid Redbubble Limited (ASX:RBL) Insiders Sell Shares?
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$4.77) is trading below our estimate of fair value (A$5.9)
Significantly Below Fair Value: RBL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RBL is unprofitable, so we can't compare its PE Ratio to the XX Online Retail industry average.
PE vs Market: RBL is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RBL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RBL is overvalued based on its PB Ratio (18.4x) compared to the AU Online Retail industry average (17.2x).
How is Redbubble forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RBL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: RBL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RBL's is expected to become profitable in the next 3 years.
Revenue vs Market: RBL's revenue (14.7% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: RBL's revenue (14.7% 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 (24.9%)
How has Redbubble performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RBL is currently unprofitable.
Growing Profit Margin: RBL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RBL is unprofitable, and losses have increased over the past 5 years at a rate of 11.7% per year.
Accelerating Growth: Unable to compare RBL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RBL is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (19.9%).
Return on Equity
High ROE: RBL has a negative Return on Equity (-13%), as it is currently unprofitable.
How is Redbubble's financial position?
Financial Position Analysis
Short Term Liabilities: RBL's short term assets (A$76.8M) do not cover its short term liabilities (A$86.0M).
Long Term Liabilities: RBL's short term assets (A$76.8M) exceed its long term liabilities (A$6.1M).
Debt to Equity History and Analysis
Debt Level: RBL is debt free.
Reducing Debt: RBL currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RBL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RBL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49% per year.
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. Martin Hosking is a Co-Founder of Redbubble Limited. He served as Chief Executive Officer and Managing Director at Redbubble Limited from July 2010 to August 1, 2018 and serves as its Managing Director...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD293.95K) is below average for companies of similar size in the Australian market ($USD916.66K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||1.42yrs||AU$1.23m||no data|
|Chief Technology Officer||no data||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Executive VP of Business Development||no data||no data||no data|
|Chief Marketing Officer||no data||no data||no data|
|Chief People & Culture Officer||5.25yrs||no data||no data|
|Chief Supply Chain Officer||no data||no data||no data|
|Senior VP of Content Partnerships & GM of Global Licensing||3.08yrs||no data||no data|
|Chief Commercial Officer||1.25yrs||no data||no data|
|Company Secretary||0.75yr||no data||no data|
|Chief Executive Officer of TeePublic||no data||no data||no data|
Experienced Management: RBL's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Non-Executive Director||5.42yrs||no data||no data|
|Independent Non-Executive Director||0.58yr||AU$19.64k||0.019% |
|Independent Non-Executive Director||2.75yrs||AU$104.82k||0.036% |
|Independent Chairman||0.67yr||AU$128.86k||0.075% |
Experienced Board: RBL's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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 4%.
Redbubble Limited's company bio, 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$1.277b
- Shares outstanding: 267.62m
- Website: https://www.redbubble.com
Number of Employees
- Redbubble Limited
- 271 Collins Street
- Level 3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RBL||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||May 2016|
|RBL||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||May 2016|
|RDBB.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||May 2016|
|RDBB.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADS||US||USD||Nov 2019|
Redbubble Limited operates as an online marketplace that facilitates the sale and purchase of art and designs on a range of products between independent creatives and consumers. The company provides sale, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 07:04|
|End of Day Share Price||2020/11/27 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.