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Radisys

DB:RDS
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RDS
DB
$68M
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Radisys Corporation provides telecom solutions worldwide. The last earnings update was 33 days ago. More info.


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RDS Share Price and Events
7 Day Returns
1.4%
DB:RDS
-8.6%
DE Electronic
-6.2%
DE Market
1 Year Returns
94.8%
DB:RDS
-14.6%
DE Electronic
-19.1%
DE Market
RDS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Radisys (RDS) 1.4% 12% 9.6% 94.8% -38.5% -9.5%
DE Electronic -8.6% -12.4% -24.8% -14.6% 72.2% 75.4%
DE Market -6.2% -6.7% -11.2% -19.1% -1.8% 5%
1 Year Return vs Industry and Market
  • RDS outperformed the Electronic industry which returned -14.6% over the past year.
  • RDS outperformed the Market in Germany which returned -19.1% over the past year.
Price Volatility
RDS
Industry
5yr Volatility vs Market

Value

 Is Radisys undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Radisys to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Radisys.

DB:RDS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:RDS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
Electronic Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.905 (1 + (1- 21%) (39.31%))
1.186
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.19
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (1.186 * 9.46%)
11.76%

Discounted Cash Flow Calculation for DB:RDS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Radisys is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:RDS DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 4.92 4.35 3.85 3.40 3.01
Source Est @ -11.58% Est @ -11.58% Est @ -11.58% Est @ -11.58% Est @ -11.58%
Present Value
Discounted (@ 11.76%)
4.41 3.49 2.76 2.18 1.73
Present value of next 5 years cash flows $14.56
DB:RDS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $3.01 × (1 + 0.54%) ÷ (11.76% – 0.54%)
$26.97
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $26.97 ÷ (1 + 11.76%)5
$15.47
DB:RDS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $14.56 + $15.47
$30.03
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $30.03 / 39.62
$0.66
DB:RDS Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:RDS represents 0.87135x of NasdaqGS:RSYS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87135x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 0.76 x 0.87135
€0.66
Value per share (EUR) From above. €0.66
Current discount Discount to share price of €1.49
= -1 x (€1.49 - €0.66) / €0.66
-125.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Radisys is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Radisys's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Radisys's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:RDS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.83
NasdaqGS:RSYS Share Price ** NasdaqGS (2018-12-07) in USD $1.71
Germany Electronic Industry PE Ratio Median Figure of 11 Publicly-Listed Electronic Companies 17.86x
Germany Market PE Ratio Median Figure of 412 Publicly-Listed Companies 16.65x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Radisys.

DB:RDS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:RSYS Share Price ÷ EPS (both in USD)

= 1.71 ÷ -0.83

-2.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Radisys is loss making, we can't compare its value to the DE Electronic industry average.
  • Radisys is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Radisys's expected growth come at a high price?
Raw Data
DB:RDS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
82.5%per year
Germany Electronic Industry PEG Ratio Median Figure of 10 Publicly-Listed Electronic Companies 1.63x
Germany Market PEG Ratio Median Figure of 279 Publicly-Listed Companies 1.27x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Radisys, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Radisys's assets?
Raw Data
DB:RDS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $-0.19
NasdaqGS:RSYS Share Price * NasdaqGS (2018-12-07) in USD $1.71
Germany Electronic Industry PB Ratio Median Figure of 17 Publicly-Listed Electronic Companies 2.39x
Germany Market PB Ratio Median Figure of 557 Publicly-Listed Companies 1.75x
DB:RDS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:RSYS Share Price ÷ Book Value per Share (both in USD)

= 1.71 ÷ -0.19

-8.97x

* Primary Listing of Radisys.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Radisys has negative assets, we can't compare the value of its assets to the DE Electronic industry average.
X
Value checks
We assess Radisys's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Radisys has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Radisys expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
82.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Radisys expected to grow at an attractive rate?
  • Unable to compare Radisys's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Radisys's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Radisys's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:RDS Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:RDS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 82.5%
DB:RDS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -7.7%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17.7%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 9.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 10.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:RDS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:RDS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 97 -8 2
2018-12-31 101 -15 1
DB:RDS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 110 -9 -33
2018-06-30 112 -17 -46
2018-03-31 122 -2 -49
2017-12-31 134 -12 -53
2017-09-30 142 1 -37
2017-06-30 169 5 -24
2017-03-31 195 -6 -17
2016-12-31 212 10 -10
2016-09-30 216 1 -8
2016-06-30 205 -1 -7
2016-03-31 191 3 -11
2015-12-31 185 5 -15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Radisys is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Radisys's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:RDS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Radisys Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:RDS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31 -0.21 -0.17 -0.24 2.00
2018-12-31 -0.39 -0.39 -0.39 1.00
DB:RDS Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.83
2018-06-30 -1.17
2018-03-31 -1.25
2017-12-31 -1.35
2017-09-30 -0.95
2017-06-30 -0.63
2017-03-31 -0.45
2016-12-31 -0.27
2016-09-30 -0.20
2016-06-30 -0.19
2016-03-31 -0.29
2015-12-31 -0.40

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Radisys will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Radisys's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Radisys has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Radisys performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Radisys's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Radisys does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Radisys's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Radisys's 1-year growth to the DE Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Radisys's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Radisys Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:RDS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 109.92 -32.58 27.89 15.69
2018-06-30 111.67 -46.12 28.98 17.86
2018-03-31 122.35 -49.04 30.74 20.62
2017-12-31 133.77 -52.60 32.79 23.42
2017-09-30 142.04 -37.03 34.65 24.14
2017-06-30 168.66 -24.26 35.13 24.59
2017-03-31 194.86 -17.29 35.47 24.90
2016-12-31 212.39 -10.25 33.72 24.07
2016-09-30 215.91 -7.63 32.61 23.96
2016-06-30 205.29 -7.06 31.85 23.92
2016-03-31 191.05 -10.59 30.77 24.46
2015-12-31 184.59 -14.68 30.63 25.53
2015-09-30 188.69 -17.71 31.30 27.09
2015-06-30 194.72 -20.11 32.29 28.70
2015-03-31 197.63 -24.20 33.77 30.26
2014-12-31 192.74 -27.58 35.86 31.96
2014-09-30 194.71 -49.13 38.47 34.47
2014-06-30 198.01 -57.38 40.44 38.27
2014-03-31 213.48 -53.28 41.01 41.88
2013-12-31 237.86 -49.40 42.51 45.00
2013-09-30 257.03 -28.24 42.38 46.65
2013-06-30 266.64 -50.64 43.65 47.04
2013-03-31 278.79 -45.22 44.30 46.73
2012-12-31 286.10 -43.47 45.20 47.74
2012-09-30 296.30 -45.27 49.17 49.17
2012-06-30 330.45 -4.70 52.99 50.28
2012-03-31 332.73 -5.82 53.69 48.16
2011-12-31 330.87 -1.53 52.72 44.63

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Radisys has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Radisys has efficiently used its assets last year compared to the DE Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Radisys improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Radisys's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Radisys has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Radisys's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Radisys's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Radisys's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Radisys's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Radisys's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Radisys has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Radisys Company Filings, last reported 2 months ago.

DB:RDS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -7.55 26.64 10.09
2018-06-30 -5.34 25.56 5.60
2018-03-31 0.34 20.91 7.40
2017-12-31 6.55 16.00 8.12
2017-09-30 25.17 15.00 12.68
2017-06-30 40.32 45.00 46.25
2017-03-31 46.83 40.00 32.03
2016-12-31 56.56 25.00 33.09
2016-09-30 60.34 25.00 27.48
2016-06-30 64.58 25.00 30.93
2016-03-31 64.34 15.00 22.38
2015-12-31 65.92 15.00 20.76
2015-09-30 66.66 10.00 18.38
2015-06-30 68.21 10.00 18.55
2015-03-31 71.06 10.00 15.85
2014-12-31 77.78 28.00 31.24
2014-09-30 81.98 28.00 31.94
2014-06-30 86.58 28.00 34.61
2014-03-31 93.12 33.00 42.26
2013-12-31 81.14 33.00 25.48
2013-09-30 104.58 33.00 31.56
2013-06-30 116.20 33.00 33.93
2013-03-31 120.11 33.00 31.75
2012-12-31 125.44 34.92 33.18
2012-09-30 129.53 34.92 31.83
2012-06-30 162.22 45.00 45.85
2012-03-31 163.66 45.00 43.84
2011-12-31 166.73 45.00 47.77
  • Radisys has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Radisys's debt level has increased considering it has negative shareholder equity.
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.

  • Whilst loss making Radisys has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Radisys has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.6% per year.
X
Financial health checks
We assess Radisys's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Radisys has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Radisys's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Radisys dividends.
If you bought €2,000 of Radisys shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Radisys's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Radisys's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:RDS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:RDS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-12-31
2018-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Radisys has not reported any payouts.
  • Unable to verify if Radisys's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Radisys's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Radisys has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Radisys's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Radisys afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Radisys has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Radisys's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brian Bronson
COMPENSATION $1,268,955
AGE 46
TENURE AS CEO 6.2 years
CEO Bio

Mr. Brian J. Bronson has been the Chief Executive Officer at RadiSys Corporation since October 1, 2012 and has been its President since July 8, 2011. Mr. Bronson served as the Chief Financial Officer of RadiSys Corporation from November 6, 2006 to October 1, 2012 and served as its Principal Accounting Officer and Secretary until October 1, 2012. He served as the Principal Accounting Officer and Corporate Secretary of RadiSys Corp from November 6, 2006 to July 8, 2011. He joined RadiSys in 1999 and has been its Officer since 2000. Mr. Bronson served as Vice President of Finance and Business Development at RadiSys Corp., until November 2006. He served as Treasurer and Chief Accounting Officer of RadiSys Corp. He has been a Director of RadiSys Corporation since October 1, 2012. He served in a number of financial management roles at Tektronix, Inc. where he was responsible for investor relations, finance and accounting functions for both domestic and international operations. Prior to Tektronix, he practiced as a Certified Public Accountant with the accounting firm Deloitte and Touche, LLP. Mr. Bronson holds a bachelors degree in Business Administration and Communications from Oregon State University.

CEO Compensation
  • Brian's compensation has been consistent with company performance over the past year.
  • Brian's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Radisys management team in years:

3.8
Average Tenure
51
Average Age
  • The tenure for the Radisys management team is about average.
Management Team

Brian Bronson

TITLE
President
COMPENSATION
$1M
AGE
46
TENURE
6.2 yrs

Jon Wilson

TITLE
CFO, VP of Finance & Corporate Secretary
COMPENSATION
$577K
AGE
35
TENURE
3.8 yrs

Noriyuki Sato

TITLE
Representative Director of Tokyo Office
AGE
70
TENURE
13.9 yrs

Hans Kramer

TITLE
Vice President of Global Operations & Customer Support
AGE
56

Nitesh Varshney

TITLE
VP of Engineering & GM of Radisys India

Bryan Sadowski

TITLE
Vice President of Flowengine Product Marketing
TENURE
3.3 yrs

Ted Pennington

TITLE
Vice President of Global Supply Chain
TENURE
2.5 yrs

Aniel Jhingoeri

TITLE
Regional Vice President of EMEA - China & Japan Sales
TENURE
0.9 yrs

David Chen

TITLE
Manager of Business Development for China
TENURE
13.9 yrs
Board of Directors Tenure

Average tenure and age of the Radisys board of directors in years:

3.3
Average Tenure
63
Average Age
  • The tenure for the Radisys board of directors is about average.
Board of Directors

Steve Domenik

TITLE
Chairman of the Board
AGE
66
TENURE
0.8 yrs

Brian Bronson

TITLE
President
COMPENSATION
$1M
AGE
46
TENURE
6.2 yrs

Mike Hluchyj

TITLE
Independent Director
COMPENSATION
$143K
AGE
63
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
14. Mar 18 Sell Viex Capital Advisors, LLC Company 12. Mar 18 13. Mar 18 -878,027 €0.71 €-590,884
14. Feb 18 Buy Jonathan Wilson Individual 14. Feb 18 14. Feb 18 25,000 €0.67 €16,727
X
Management checks
We assess Radisys's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Radisys has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

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Company Info

Map
Description

Radisys Corporation provides telecom solutions worldwide. It operates in two segments, Software-Systems and Hardware Solutions. The company’s products include MediaEngine products that provide media processing capabilities required for applications, such as voice over long-term evolution (VoLTE), voice over Wi-Fi, Web real-time communication, and multimedia conferencing, as well as media interworking; and MobilityEngine, Its MobilityEngine products portfolio provide solutions for 4G, LTE-Advance and emerging 5G standards for RAN use cases, including Centralized, Virtualized and multi access edge compute (MEC). It also offers FlowEngine, which comprises data plane traffic distribution products that classify and distribute session data flows to network processing resources. In addition, the company develops telecommunications products and applications; and DCEngine products include open-based rack-scale systems that provide transformation to cloud based compute, storage, networking fabrics, and open source hardware and software. Further, it offers legacy embedded products, including ATCA, computer-on-module express, and rack mount servers that enable the control and movement of data in 3G and LTE telecom networks and provide the hardware enablement for network elements applications; enable image processing capabilities for healthcare markets; and enable energy-efficient computing capabilities for industrial deployments. The company sells its products through direct sales, distributors, sales representatives, and system integrators in North America, Europe, the Middle East, Africa, and the Asia Pacific. Radisys Corporation was founded in 1987 and is headquartered in Hillsboro, Oregon.

Details
Name: Radisys Corporation
RDS
Exchange: DB
Founded: 1987
$59,831,008
39,620,534
Website: http://www.radisys.com
Address: Radisys Corporation
5435 NE Dawson Creek Drive,
Hillsboro,
Oregon, 97124,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS RSYS Common Stock Nasdaq Global Select US USD 20. Oct 1995
DB RDS Common Stock Deutsche Boerse AG DE EUR 20. Oct 1995
Number of employees
Current staff
Staff numbers
647
Radisys employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/12/11 21:37
End of day share price update: 2018/12/07 00:00
Last estimates confirmation: 2018/11/19
Last earnings filing: 2018/11/08
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.