Rieter Holding AG, together with its subsidiaries, supplies systems for short-staple fiber spinning in Switzerland and internationally.
Undervalued with adequate balance sheet and pays a dividend.
Share Price & News
How has Rieter Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RIEN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: RIEN underperformed the Swiss Machinery industry which returned 1.8% over the past year.
Return vs Market: RIEN underperformed the Swiss Market which returned 3.6% over the past year.
Price Volatility Vs. Market
How volatile is Rieter Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StThings Look Grim For Rieter Holding AG (VTX:RIEN) After Today's Downgrade
2 weeks ago | Simply Wall StHealth Check: How Prudently Does Rieter Holding (VTX:RIEN) Use Debt?
1 month ago | Simply Wall StHere's What Rieter Holding AG's (VTX:RIEN) P/E Ratio Is Telling Us
Is Rieter Holding 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: RIEN (CHF98.1) is trading below our estimate of fair value (CHF153.55)
Significantly Below Fair Value: RIEN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RIEN is good value based on its PE Ratio (8.4x) compared to the Machinery industry average (19.4x).
PE vs Market: RIEN is good value based on its PE Ratio (8.4x) compared to the Swiss market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: RIEN is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: RIEN is good value based on its PB Ratio (0.9x) compared to the CH Machinery industry average (2.1x).
How is Rieter Holding forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RIEN's forecast earnings growth (4.3% per year) is above the savings rate (-0.2%).
Earnings vs Market: RIEN's earnings (4.3% per year) are forecast to grow slower than the Swiss market (8.5% per year).
High Growth Earnings: RIEN's earnings are forecast to grow, but not significantly.
Revenue vs Market: RIEN's revenue (3.3% per year) is forecast to grow faster than the Swiss market (2.3% per year).
High Growth Revenue: RIEN's revenue (3.3% 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 (4.9%).
How has Rieter Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RIEN has a high level of non-cash earnings.
Growing Profit Margin: RIEN's current net profit margins (6.9%) are higher than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: RIEN's earnings have declined by -18.1% per year over the past 5 years.
Accelerating Growth: RIEN's earnings growth over the past year (64.3%) exceeds its 5-year average (-18.1% per year).
Earnings vs Industry: RIEN earnings growth over the past year (64.3%) exceeded the Machinery industry 0.5%.
Return on Equity
High ROE: RIEN's Return on Equity (11.2%) is considered low.
How is Rieter Holding's financial position?
Financial Position Analysis
Short Term Liabilities: RIEN's short term assets (CHF567.2M) exceed its short term liabilities (CHF410.7M).
Long Term Liabilities: RIEN's short term assets (CHF567.2M) exceed its long term liabilities (CHF102.7M).
Debt to Equity History and Analysis
Debt Level: RIEN's debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: RIEN's debt to equity ratio has reduced from 61.6% to 25.3% over the past 5 years.
Debt Coverage: RIEN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RIEN's interest payments on its debt are well covered by EBIT.
What is Rieter Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RIEN's dividend (4.59%) is higher than the bottom 25% of dividend payers in the Swiss market (1.94%).
High Dividend: RIEN's dividend (4.59%) is in the top 25% of dividend payers in the Swiss market (3.83%)
Stability and Growth of Payments
Stable Dividend: RIEN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RIEN has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (38.6%), RIEN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RIEN's dividends in 3 years are forecast to be well covered by earnings (44.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Norbert Klapper (56yo)
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 ($USD1.16M) is about average for companies of similar size in the Swiss market ($USD976.88K).
Compensation vs Earnings: Norbert's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||6.42yrs||CHF1.11m||0.11% CHF497.4k|
|Chief Financial Officer||1.08yrs||no data||0.00022% CHF981.2|
|Head of Group Accounting & Reporting and Head of Internal Audit||no data||no data||no data|
|General Secretary & General Counsel||27.42yrs||no data||0.037% CHF164.4k|
|Head of Group Communication||no data||no data||no data|
|Head of Business Group Machines & Systems||5.42yrs||no data||0.030% CHF132.2k|
|Head of Business Group Components||3.17yrs||no data||0.017% CHF76.8k|
|Head of Business Group After Sales||1.08yrs||no data||no data|
Experienced Management: RIEN's management team is considered experienced (4.3 years average tenure).
|Non-Executive Director||11.08yrs||CHF123.59k||12.03% CHF53.7m|
|Chairman of the Board||3.17yrs||CHF416.17k||0.095% CHF423.4k|
|Non-Executive Director||4.17yrs||CHF170.22k||0.022% CHF96.4k|
|Non-Executive Director||11.17yrs||CHF163.08k||22.85% CHF101.9m|
|Independent Vice Chairman & Lead Director||11.08yrs||CHF202.70k||0.17% CHF737.8k|
|Non-Executive Director||11.08yrs||CHF204.65k||0.17% CHF757.3k|
|Non-Executive Director||3.17yrs||CHF163.08k||0.029% CHF131.3k|
Experienced Board: RIEN's board of directors are considered experienced (7.6 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Rieter Holding AG's company bio, employee growth, exchange listings and data sources
- Name: Rieter Holding AG
- Ticker: RIEN
- Exchange: SWX
- Founded: 1795
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: CHF446.016m
- Shares outstanding: 4.51m
- Website: https://www.rieter.com
Number of Employees
- Rieter Holding AG
- Klosterstrasse 32
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RIEN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Jan 1992|
|RIHN||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Jan 1992|
|0QKA||LSE (London Stock Exchange)||Yes||Registered Shares||GB||CHF||Jan 1992|
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. This segment offers blowrooms, carding machines, draw frames, and combing machines for preparation; and ring, compact, rotor, and air jet spinning machines for end spinning. The Components segment supplies technology components to spinning mills and textile machinery manufacturers, as well as precision winding machines. This segment offers its products under the Bräcker, Graf, Novibra, SSM, and Suessen brands. The After Sales segment develops, produces, and distributes spare parts for the company's machines, such as drives, sensors, or controllers; sells technology components; and provides services that enable its customers to enhance their spinning mills. The company was founded in 1795 and is based in Winterthur, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 20:50|
|End of Day Share Price||2020/06/05 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.