CPSE:RTX

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet unattractive dividend payer.

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 is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: RTX's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-3.0%

RTX

4.5%

DK Communications

1.3%

DK Market


1 Year Return

-5.2%

RTX

18.9%

DK Communications

26.9%

DK Market

Return vs Industry: RTX underperformed the Danish Communications industry which returned 18.9% over the past year.

Return vs Market: RTX underperformed the Danish Market which returned 26.9% over the past year.


Shareholder returns

RTXIndustryMarket
7 Day-3.0%4.5%1.3%
30 Day2.2%7.1%3.2%
90 Day12.7%1.5%13.1%
1 Year-5.2%-5.2%20.1%18.9%29.3%26.9%
3 Year51.0%47.6%43.2%36.0%56.1%43.9%
5 Year206.1%191.1%14.5%1.2%68.0%46.4%

Long-Term 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?

30.51x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RTX (DKK230) is trading above our estimate of fair value (DKK59.89)

Significantly Below Fair Value: RTX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RTX is good value based on its PE Ratio (30.5x) compared to the XE Communications industry average (35.7x).

PE vs Market: RTX is poor value based on its PE Ratio (30.5x) compared to the Danish market (17.5x).


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 (5.4x) compared to the XE Communications industry average (2.7x).


Next Steps

Future Growth

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

19.7%

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?

9.0%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: RTX's current net profit margins (10.8%) are lower than last year (12.4%).


Past Earnings Growth Analysis

Earnings Trend: RTX's earnings have grown by 9% per year over the past 5 years.

Accelerating Growth: RTX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RTX had negative earnings growth (-11.6%) over the past year, making it difficult to compare to the Communications industry average (-1.6%).


Return on Equity

High ROE: RTX's Return on Equity (17.9%) is considered low.


Next Steps

Financial Health

How is RTX's financial position?


Financial Position Analysis

Short Term Liabilities: RTX's short term assets (DKK392.1M) exceed its short term liabilities (DKK111.3M).

Long Term Liabilities: RTX's short term assets (DKK392.1M) exceed its long term liabilities (DKK70.0M).


Debt to Equity History and Analysis

Debt Level: RTX is debt free.

Reducing Debt: RTX had no debt 5 years ago.

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


Next Steps

Dividend

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

1.09%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: RTX's dividend (1.09%) is higher than the bottom 25% of dividend payers in the Danish market (0.99%).

High Dividend: RTX's dividend (1.09%) is low compared to the top 25% of dividend payers in the Danish market (3.39%).


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 7 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.2%), 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?

4.0yrs

Average board tenure


CEO

Peter Røpke (54 yo)

4.33yrs

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 since 2016. Mr. Røpke served as the Chief Executive Office...


Board Members

NamePositionTenureCompensationOwnership
Kurt Rasmussen
Program Manager & Employee Representative Director6yrskr.200.00k0.0036%
DKK 68.1k
Flemming Andersen
RF Manager & Director6yrskr.200.00k0.024%
DKK 454.1k
Kevin Harritsø
Employee Representative Director & Team Lead2yrskr.200.00kno data
Christian Engsted
Independent Director4yrskr.350.00k0.0090%
DKK 170.2k
Peter Thostrup
Independent Chairman of the Boardno datakr.600.00k0.015%
DKK 289.3k
Jesper Mailind
Independent Deputy Chairman of Boardno datakr.400.00k0.046%
DKK 871.1k
Henrik Schimmell
Independent Director2yrskr.200.00k0.015%
DKK 274.7k
Lars Tofft
Independent Director4yrskr.200.00k0.0076%
DKK 143.4k

4.0yrs

Average Tenure

55.5yo

Average Age

Experienced Board: RTX's board of directors are considered experienced (4 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: kr.1.883b
  • Shares outstanding: 8.29m
  • 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
RTXCBATS-CHIXE (BATS 'Chi-X Europe')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 d...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 18:01
End of Day Share Price2021/01/26 00:00
Earnings2020/09/30
Annual Earnings2020/09/30


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.