Executive Summary
RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Mexico, and internationally.
Rewards
Risk Analysis
+ 2 more risks
Snowflake Analysis
Very undervalued with flawless balance sheet.
Similar Companies
Share Price & News
How has RF Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RF5's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-4.9%
RF5
1.7%
DE Electronic
-0.6%
DE Market
1 Year Return
-39.7%
RF5
-28.3%
DE Electronic
-20.9%
DE Market
Return vs Industry: RF5 underperformed the German Electronic industry which returned -28.3% over the past year.
Return vs Market: RF5 underperformed the German Market which returned -20.9% over the past year.
Shareholder returns
| RF5 | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.9% | 1.7% | -0.6% |
| 30 Day | -36.6% | -19.1% | -18.6% |
| 90 Day | -40.8% | -23.2% | -26.2% |
| 1 Year | -38.9%-39.7% | -26.8%-28.3% | -18.6%-20.9% |
| 3 Year | 170.7%155.8% | -4.0%-7.1% | -19.0%-25.8% |
| 5 Year | 6.0%-9.4% | 53.5%42.4% | -21.2%-31.8% |
Price Volatility Vs. Market
How volatile is RF Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is RF Industries 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: RF5 (€3.52) is trading below our estimate of fair value (€8.63)
Significantly Below Fair Value: RF5 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RF5 is good value based on its PE Ratio (12.3x) compared to the Electronic industry average (18.7x).
PE vs Market: RF5 is good value based on its PE Ratio (12.3x) compared to the German market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: RF5 is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: RF5 is good value based on its PB Ratio (1.2x) compared to the DE Electronic industry average (1.2x).
Next Steps
Future Growth
How is RF Industries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
32.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RF5's forecast earnings growth (32.6% per year) is above the savings rate (-0.4%).
Earnings vs Market: RF5's earnings (32.6% per year) are forecast to grow faster than the German market (14.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RF5's revenue (12.1% per year) is forecast to grow faster than the German market (3.9% per year).
High Growth Revenue: RF5's revenue (12.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RF5's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has RF Industries performed over the past 5 years?
42.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RF5 has high quality earnings.
Growing Profit Margin: RF5's current net profit margins (5.1%) are lower than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: RF5's earnings have grown significantly by 42.1% per year over the past 5 years.
Accelerating Growth: RF5's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RF5 had negative earnings growth (-54.3%) over the past year, making it difficult to compare to the Electronic industry average (-7.4%).
Return on Equity
High ROE: RF5's Return on Equity (9.1%) is considered low.
Next Steps
Financial Health
How is RF Industries's financial position?
Financial Position Analysis
Short Term Liabilities: RF5's short term assets ($29.2M) exceed its short term liabilities ($5.5M).
Long Term Liabilities: RF5's short term assets ($29.2M) exceed its long term liabilities ($2.4M).
Debt to Equity History and Analysis
Debt Level: RF5 is debt free.
Reducing Debt: RF5 has not had any debt for past 5 years.
Debt Coverage: RF5 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RF5 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: RF5 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if RF5's debt is covered by short term assets.
Next Steps
Dividend
What is RF Industries's current dividend yield, its reliability and sustainability?
2.11%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RF5's dividend (2.11%) is higher than the bottom 25% of dividend payers in the German market (1.71%).
High Dividend: RF5's dividend (2.11%) is low compared to the top 25% of dividend payers in the German market (4.85%).
Stability and Growth of Payments
Stable Dividend: RF5's dividend payments have been volatile in the past 10 years.
Growing Dividend: RF5's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.9%), RF5's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
Rob Dawson (45yo)
2.75s
Tenure
US$361,946
Compensation
Mr. Robert D. Dawson, also known as Rob, has been Chief Executive Officer and President at RF Industries, Ltd. since July 17, 2017. Mr. Dawson served as Division President of Vision Technology Services at ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD361.95K) is about average for companies of similar size in the German market ($USD434.26K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.75yrs | US$361.95k | 0.73% $249.6k | |
| Founder & Director | 41.25yrs | US$50.00k | 2.33% $799.2k | |
| Senior VP | 6.25yrs | US$193.86k | 0.026% $8.8k | |
| Chief Revenue Officer | 0.25yr | no data | no data |
4.5yrs
Average Tenure
67yo
Average Age
Experienced Management: RF5's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.75yrs | US$361.95k | 0.73% $249.6k | |
| Founder & Director | 41.25yrs | US$50.00k | 2.33% $799.2k | |
| Independent Director | 2.83yrs | US$62.50k | 0.42% $144.1k | |
| Independent Chairman of the Board | 13.25yrs | US$65.00k | 0.83% $283.2k | |
| Independent Director | 7yrs | US$65.00k | 0.19% $63.9k | |
| Director | 0.83yr | US$22.14k | 0.059% $20.3k |
4.9yrs
Average Tenure
68yo
Average Age
Experienced Board: RF5's board of directors are considered experienced (4.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RF5 insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.
Top Shareholders
Company Information
RF Industries, Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: RF Industries, Ltd.
- Ticker: RF5
- Exchange: DB
- Founded: 1979
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$36.983m
- Listing Market Cap: US$34.280m
- Shares outstanding: 9.76m
- Website: https://www.rfindustries.com
Number of Employees
Location
- RF Industries, Ltd.
- Building 6000
- 7610 Miramar Road
- San Diego
- California
- 92126
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RFIL | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Mar 1985 |
| RF5 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1985 |
Biography
RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly and Custom Cabling Manufacturing and Assembly. The company’s RF Connector and Cable Assembly segment designs, manufactures, and distributes coaxial connectors and cable assemblies that are integrated with coaxial connectors. The Custom Cabling Manufacturing and Assembly segment designs, manufactures, markets and distributes custom copper and fiber cable assemblies, complex hybrid fiber optic and power solution cables, electromechanical wiring harnesses, wiring harnesses, ambient thermal systems, and shrouds for small cell installations. It also manufactures and sells custom and standard cable assemblies, hybrid fiber optic power solution cables, adapters, and electromechanical wiring harnesses for communication, computer, LAN, automotive, and medical equipment. In addition, the company designs and manufactures cable assemblies and wiring harnesses for blue chip industrial, oilfield, instrumentation, and military customers. It also designs and manufactures quality connectivity solutions to telecommunications and data communications distributors. The company sells its products through warehousing distributors and in-house marketing and sales team. It serves telecommunications carriers and equipment manufacturers, wireless and network infrastructure carriers, and OEMs. The company was formerly known as Celltronics, Inc. and changed its name to RF Industries, Ltd. in November 1990. RF Industries, Ltd. was founded in 1979 and is headquartered in San Diego, California.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/04 21:36 |
| End of Day Share Price | 2020/04/03 00:00 |
| Earnings | 2020/01/31 |
| Annual Earnings | 2019/10/31 |
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.