MUN:WCI

Stock Analysis Report

AS Rigas Elektromasinbuves rupnica

Executive Summary

AS Rigas elektromašinbuves rupnica manufactures and sells electric machines and machinery in the Republic of Latvia and internationally.


Snowflake Analysis

Excellent balance sheet with solid track record.

Share Price & News

How has AS Rigas Elektromasinbuves rupnica's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WCI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

WCI

3.2%

DE Electrical

4.3%

DE Market


1 Year Return

26.6%

WCI

-5.7%

DE Electrical

-14.2%

DE Market

Return vs Industry: WCI exceeded the German Electrical industry which returned -12.1% over the past year.

Return vs Market: WCI exceeded the German Market which returned -20.9% over the past year.


Shareholder returns

WCIIndustryMarket
7 Day0%3.2%4.3%
30 Day0%-18.9%-9.0%
90 Day0%-27.1%-21.6%
1 Year26.6%26.6%-5.5%-5.7%-11.7%-14.2%
3 Year103.1%103.1%-35.9%-38.0%-12.3%-19.6%
5 Year219.8%219.8%-35.6%-40.0%-14.0%-25.6%

Price Volatility Vs. Market

How volatile is AS Rigas Elektromasinbuves rupnica's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AS Rigas Elektromasinbuves rupnica undervalued compared to its fair value and its price relative to the market?

1.82x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate WCI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate WCI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: WCI is good value based on its PE Ratio (1.8x) compared to the Electrical industry average (20.5x).

PE vs Market: WCI is good value based on its PE Ratio (1.8x) compared to the German market (16.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WCI is good value based on its PB Ratio (0.4x) compared to the DE Electrical industry average (1.9x).


Next Steps

Future Growth

How is AS Rigas Elektromasinbuves rupnica forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

69.4%

Forecasted Capital Goods industry annual growth in earnings


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 AS Rigas Elektromasinbuves rupnica 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has AS Rigas Elektromasinbuves rupnica performed over the past 5 years?

64.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WCI has a high level of non-cash earnings.

Growing Profit Margin: WCI's current net profit margins (11.9%) are higher than last year (1%).


Past Earnings Growth Analysis

Earnings Trend: WCI's earnings have grown significantly by 64.3% per year over the past 5 years.

Accelerating Growth: WCI's earnings growth over the past year (2503.3%) exceeds its 5-year average (64.3% per year).

Earnings vs Industry: WCI earnings growth over the past year (2503.3%) exceeded the Electrical industry 74.4%.


Return on Equity

High ROE: WCI's Return on Equity (23.3%) is considered high.


Next Steps

Financial Health

How is AS Rigas Elektromasinbuves rupnica's financial position?


Financial Position Analysis

Short Term Liabilities: WCI's short term assets (€28.5M) exceed its short term liabilities (€8.2M).

Long Term Liabilities: WCI's short term assets (€28.5M) exceed its long term liabilities (€8.6M).


Debt to Equity History and Analysis

Debt Level: WCI's debt to equity ratio (26%) is considered satisfactory.

Reducing Debt: WCI's debt to equity ratio has reduced from 49.6% to 26% over the past 5 years.

Debt Coverage: WCI's debt is not well covered by operating cash flow (18.1%).

Interest Coverage: WCI's interest payments on its debt are well covered by EBIT (33.6x coverage).


Balance Sheet


Next Steps

Dividend

What is AS Rigas Elektromasinbuves rupnica's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate WCI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WCI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WCI'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 WCI's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

3.2yrs

Average management tenure


CEO

Mikalai Yerokhau

no data

Tenure

Mr. Mikalai Yerokhau serves as Chairman of Management Board at AS Rigas Elektromasinbuves Rupnica. 


Leadership Team

NamePositionTenureCompensationOwnership
Mikalai Yerokhau
Chairman of Management Boardno datano datano data
Aleksandrs Popadins
Member of Management Board6.42yrsno datano data
Ilja Shestakovs
Sales & Export Development Director and Member of Management Board5.17yrsno datano data
Tamara Rogova
Member of Management Board1.25yrsno datano data
Armantas Jasaitis
Member of Management Board1.25yrsno datano data
Svetlana Statina
Chief Accountantno datano datano data

3.2yrs

Average Tenure

39yo

Average Age

Experienced Management: WCI's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stanislav Vodolazskii
Chairperson of the Council3.75yrsno datano data
Alexey Kostennikov
Council Member1.17yrsno datano data
Alexey Shestakov
Council Member1.17yrsno datano data
Liubov Akimova
Council Member1.17yrsno datano data
Mikhail Barbarovich
Council Member1.17yrsno datano data

1.2yrs

Average Tenure

Experienced Board: WCI's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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

AS Rigas Elektromasinbuves rupnica's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AS Rigas Elektromasinbuves rupnica
  • Ticker: WCI
  • Exchange: MUN
  • Founded: 1946
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Market Cap: €16.005m
  • Shares outstanding: 5.80m
  • Website: https://www.rer.lv

Number of Employees


Location

  • AS Rigas Elektromasinbuves rupnica
  • Ganibu dambis 53
  • Riga
  • 1005
  • Latvia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RER1RRISE (OMX Nordic Exchange Riga)YesOrdinary SharesLVEURFeb 2007
0IZRLSE (London Stock Exchange)YesOrdinary SharesGBEURFeb 2007
WCIMUN (Boerse Muenchen)YesOrdinary SharesDEEURFeb 2007

Biography

AS Rigas elektromašinbuves rupnica manufactures and sells electric machines and machinery in the Republic of Latvia and internationally. The company offers electric motors, generators, transformators, and other products for railway stock, metro, dump trucks, and public urban transport. Its products include traction electric motors, converters and phase splitters, breakers, contactors, chokes and filters, shunts, relays, pneumatic devices, auxiliary circuit converters, resistor units, connection devices, panels, magnetic amplifiers, disconnectors, switch groups, generators, modules, transformers, control units, connectors, insulators, temperature blocks, and other equipment, as well as undercar, resistance, fuse, equipment, and connective boxes. The company also provides repair services. AS Rigas elektromašinbuves rupnica was founded in 1946 and is based in Riga, the Republic of Latvia. AS Rigas elektromašinbuves rupnica is a subsidiary of Measurestep Enterprises Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/08 03:41
End of Day Share Price2020/04/07 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.