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RIEN

Rieter HoldingSWX:RIEN Stock Report

Last Price

CHF189.40

Market Cap

CHF845.9m

7D

-1.8%

1Y

88.3%

Updated

18 Jan, 2022

Data

Company Financials +
RIEN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

RIEN Stock Overview

Rieter Holding AG, together with its subsidiaries, supplies systems for short-staple fiber spinning in Switzerland and internationally.

Rewards

Trading at 70.7% below our estimate of its fair value

Earnings are forecast to grow 52.67% per year

Risk Analysis

No risks detected for RIEN from our risk checks.

Rieter Holding Competitors

Indian Card Clothing

NSEI:INDIANCARD

₹1.7b

Price History & Performance

Summary of all time highs, changes and price drops for Rieter Holding
Historical stock prices
Current Share PriceCHF189.40
52 Week HighCHF240.50
52 Week LowCHF88.00
Beta1.29
1 Month Change7.98%
3 Month Change-3.37%
1 Year Change88.27%
3 Year Change33.38%
5 Year Change0.37%
Change since IPO80.38%

Recent News & Updates

Oct 07
Does Rieter Holding (VTX:RIEN) Have A Healthy Balance Sheet?

Does Rieter Holding (VTX:RIEN) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Jul 25
What Does Rieter Holding AG's (VTX:RIEN) Share Price Indicate?

What Does Rieter Holding AG's (VTX:RIEN) Share Price Indicate?

Rieter Holding AG ( VTX:RIEN ), is not the largest company out there, but it saw a significant share price rise of over...

Jun 28
Rieter Holding (VTX:RIEN) Has Debt But No Earnings; Should You Worry?

Rieter Holding (VTX:RIEN) Has Debt But No Earnings; Should You Worry?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

RIENCH MachineryCH Market
7D-1.8%1.6%0.1%
1Y88.3%16.3%15.8%

Return vs Industry: RIEN exceeded the Swiss Machinery industry which returned 16.3% over the past year.

Return vs Market: RIEN exceeded the Swiss Market which returned 15.8% over the past year.

Price Volatility

Is RIEN's price volatile compared to industry and market?
RIEN volatility
RIEN Average Weekly Movement4.7%
Machinery Industry Average Movement4.5%
Market Average Movement3.9%
10% most volatile stocks in CH Market6.7%
10% least volatile stocks in CH Market2.0%

Stable Share Price: RIEN is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: RIEN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
17954,385Norbert Klapperhttps://www.rieter.com

Rieter Holding AG, together with its subsidiaries, supplies systems for short-staple fiber spinning in Switzerland and internationally. The company operates through three segments: Machines & Systems, Components, and After Sales. The Machines & Systems segment develops and manufactures machinery and systems for processing natural and man-made fibers, as well as their blends into yarns.

Rieter Holding Fundamentals Summary

How do Rieter Holding's earnings and revenue compare to its market cap?
RIEN fundamental statistics
Market CapCHF845.92m
Earnings (TTM)-CHF30.10m
Revenue (TTM)CHF718.60m

1.2x

P/S Ratio

-28.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RIEN income statement (TTM)
RevenueCHF718.60m
Cost of RevenueCHF524.10m
Gross ProfitCHF194.50m
ExpensesCHF224.60m
Earnings-CHF30.10m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Mar 09, 2022

Earnings per share (EPS)-6.74
Gross Margin27.07%
Net Profit Margin-4.19%
Debt/Equity Ratio48.0%

How did RIEN perform over the long term?

See historical performance and comparison

Valuation

Is Rieter Holding undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RIEN (CHF189.4) is trading below our estimate of fair value (CHF647.16)

Significantly Below Fair Value: RIEN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RIEN is unprofitable, so we can't compare its PE Ratio to the Swiss Machinery industry average.

PE vs Market: RIEN is unprofitable, so we can't compare its PE Ratio to the Swiss market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RIEN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RIEN is good value based on its PB Ratio (2.2x) compared to the CH Machinery industry average (2.7x).


Future Growth

How is Rieter Holding forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

52.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RIEN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.3%).

Earnings vs Market: RIEN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: RIEN's is expected to become profitable in the next 3 years.

Revenue vs Market: RIEN's revenue (7.8% per year) is forecast to grow faster than the Swiss market (4.9% per year).

High Growth Revenue: RIEN's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RIEN's Return on Equity is forecast to be low in 3 years time (18.7%).


Past Performance

How has Rieter Holding performed over the past 5 years?

-49.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RIEN is currently unprofitable.

Growing Profit Margin: RIEN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RIEN is unprofitable, and losses have increased over the past 5 years at a rate of 49.4% per year.

Accelerating Growth: Unable to compare RIEN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RIEN is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (47.6%).


Return on Equity

High ROE: RIEN has a negative Return on Equity (-7.98%), as it is currently unprofitable.


Financial Health

How is Rieter Holding's financial position?


Financial Position Analysis

Short Term Liabilities: RIEN's short term assets (CHF666.9M) exceed its short term liabilities (CHF513.0M).

Long Term Liabilities: RIEN's short term assets (CHF666.9M) exceed its long term liabilities (CHF179.6M).


Debt to Equity History and Analysis

Debt Level: RIEN has more cash than its total debt.

Reducing Debt: RIEN's debt to equity ratio has increased from 25.8% to 48% over the past 5 years.

Debt Coverage: RIEN's debt is well covered by operating cash flow (53.3%).

Interest Coverage: Insufficient data to determine if RIEN's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Rieter Holding current dividend yield, its reliability and sustainability?

3.50%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RIEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RIEN'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 RIEN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RIEN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: RIEN is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RIEN's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Norbert Klapper (58 yo)

8yrs

Tenure

CHF819,809

Compensation

Dr. Norbert Klapper has been Chief Executive Officer at Rieter Holding AG since January 1, 2014 and served as a.i. Head of Business Group After Sales until 2019. Dr. Klapper had been Chief Financial Office...


CEO Compensation Analysis

Compensation vs Market: Norbert's total compensation ($USD894.29K) is about average for companies of similar size in the Swiss market ($USD1.26M).

Compensation vs Earnings: Norbert's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RIEN's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: RIEN's board of directors are considered experienced (9.2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Rieter Holding AG's employee growth, exchange listings and data sources


Key Information

  • Name: Rieter Holding AG
  • Ticker: RIEN
  • Exchange: SWX
  • Founded: 1795
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: CHF845.918m
  • Shares outstanding: 4.47m
  • Website: https://www.rieter.com

Number of Employees


Location

  • Rieter Holding AG
  • Klosterstrasse 32
  • Winterthur
  • Zurich
  • 8406
  • Switzerland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/18 21:12
End of Day Share Price2022/01/18 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.