CPSE:RTX

Stock Analysis Report

Executive Summary

RTX A/S designs and develops advanced wireless short range radio systems and products in Denmark and internationally.


Snowflake Analysis

Flawless balance sheet with outstanding track record.

Share Price & News

How has RTX's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RTX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.8%

RTX

2.0%

DK Communications

4.9%

DK Market


1 Year Return

-5.3%

RTX

-29.7%

DK Communications

-0.6%

DK Market

Return vs Industry: RTX exceeded the Danish Communications industry which returned -26.7% over the past year.

Return vs Market: RTX underperformed the Danish Market which returned 0.5% over the past year.


Shareholder returns

RTXIndustryMarket
7 Day-0.8%2.0%4.9%
30 Day-29.4%-18.1%-14.4%
90 Day-19.5%-15.7%-12.9%
1 Year-4.3%-5.3%-28.9%-29.7%2.4%-0.6%
3 Year-18.6%-21.5%-14.9%-20.2%30.0%19.0%
5 Year76.2%63.5%-37.4%-46.3%24.1%8.2%

Price Volatility Vs. Market

How volatile is RTX's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

18.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RTX (DKK149.6) is trading below our estimate of fair value (DKK182.75)

Significantly Below Fair Value: RTX is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: RTX is poor value based on its PE Ratio (16.9x) compared to the Communications industry average (15.3x).

PE vs Market: RTX is poor value based on its PE Ratio (16.9x) compared to the Danish market (12.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RTX is overvalued based on its PB Ratio (3.6x) compared to the XE Communications industry average (1.3x).


Next Steps

Future Growth

How is RTX forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.0%

Forecasted Tech 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 RTX 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 RTX performed over the past 5 years?

4.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RTX has high quality earnings.

Growing Profit Margin: RTX's current net profit margins (12.7%) are higher than last year (11.3%).


Past Earnings Growth Analysis

Earnings Trend: RTX's earnings have grown by 4.8% per year over the past 5 years.

Accelerating Growth: RTX's earnings growth over the past year (31.6%) exceeds its 5-year average (4.8% per year).

Earnings vs Industry: RTX earnings growth over the past year (31.6%) exceeded the Communications industry 21.9%.


Return on Equity

High ROE: RTX's Return on Equity (21.9%) is considered high.


Next Steps

Financial Health

How is RTX's financial position?


Financial Position Analysis

Short Term Liabilities: RTX's short term assets (DKK363.4M) exceed its short term liabilities (DKK94.9M).

Long Term Liabilities: RTX's short term assets (DKK363.4M) exceed its long term liabilities (DKK44.2M).


Debt to Equity History and Analysis

Debt Level: RTX is debt free.

Reducing Debt: RTX has no debt compared to 5 years ago when its debt to equity ratio was 5.7%.

Debt Coverage: RTX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RTX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: RTX has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if RTX's debt is covered by short term assets.


Next Steps

Dividend

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

1.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RTX's dividend (1.67%) isn’t notable compared to the bottom 25% of dividend payers in the Danish market (1.72%).

High Dividend: RTX's dividend (1.67%) is low compared to the top 25% of dividend payers in the Danish market (5.43%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, RTX has been paying a dividend for less than 10 years.

Growing Dividend: RTX's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.2%), RTX'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?

3.2yrs

Average board tenure


CEO

Peter Røpke (53yo)

3.5s

Tenure

Mr. Peter Røpke has been the Chief Executive Officer and President of RTX A/S since September 20, 2016 and serves as its Member of Executive Board. Mr. Røpke served as the Chief Executive Officer at Flügge ...


Board Members

NamePositionTenureCompensationOwnership
Kurt Rasmussen
Program Manager & Employee Representative Director5.17yrsno data0.0063% DKK78.1k
Flemming Andersen
Senior Project Manager & Employee Representative Director5.17yrsno data0.024% DKK297.6k
Christian Engsted
Independent Director3.17yrsno data0.0090% DKK111.6k
Peter Thostrup
Chairman of the Boardno datano data0.015% DKK189.8k
Jesper Mailind
Deputy Chairman of Boardno datano data0.027% DKK335.7k
Henrik Schimmell
Director1.17yrsno data0.0019% DKK23.1k
Lars Tofft
Independent Director3.17yrsno data0.0076% DKK94.1k
Kevin Harritsø
Employee Representative Director1.17yrsno datano data

3.2yrs

Average Tenure

54.5yo

Average Age

Experienced Board: RTX's board of directors are considered experienced (3.2 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

RTX A/S's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RTX A/S
  • Ticker: RTX
  • Exchange: CPSE
  • Founded: 1993
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: ø1.241b
  • Shares outstanding: 8.34m
  • Website: https://www.rtx.dk

Number of Employees


Location

  • RTX A/S
  • Stroemmen 6
  • Nørresundby
  • North Denmark Region
  • 9400
  • Denmark

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RTXCPSE (OMX Nordic Exchange Copenhagen)YesShare CapitalDKDKKJun 2000
RTEDB (Deutsche Boerse AG)YesShare CapitalDEEURJun 2000
0NQJLSE (London Stock Exchange)YesShare CapitalGBDKKJun 2000

Biography

RTX A/S designs and develops advanced wireless short range radio systems and products in Denmark and internationally. It operates in two segments, Design Services and Business Communications. The company specializes in the design and development of wireless professional audio, intercom, healthcare, and industrial and Internet of things products. Its products include RF testers; modular RF ATE units for the functional test of wireless devices; analyzers; in-circuit emulators, which are debugging interface units that enable development and verification departments to debug a number of core systems; and wireless modules. The company also provides Sheersound audio codec for wireless transfer of live audio signals; and Sheerlink product solutions for wireless music transmission. In addition, it offers professional wireless IP-DECT telephony for private branch exchange systems, such as enterprise products, voice over Internet protocol products, corded headsets, wireless headsets, base stations, and repeaters. RTX A/S was founded in 1993 and is headquartered in Nørresundby, Denmark. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/27 20:45
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
Annual Earnings2019/09/30


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.