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
-3.4%
RTX
9.7%
DK Communications
-3.6%
DK Market
1 Year Return
-3.8%
RTX
25.8%
DK Communications
20.4%
DK Market
Return vs Industry: RTX underperformed the Danish Communications industry which returned 18.2% over the past year.
Return vs Market: RTX underperformed the Danish Market which returned 25% over the past year.
Shareholder returns
| RTX | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | 9.7% | -3.6% |
| 30 Day | -0.9% | 13.3% | -2.4% |
| 90 Day | 11.3% | 17.5% | 9.7% |
| 1 Year | -3.8%-3.8% | 26.9%25.8% | 22.7%20.4% |
| 3 Year | 46.6%43.3% | 56.6%48.6% | 53.4%41.5% |
| 5 Year | 204.0%189.2% | 20.3%6.2% | 71.1%49.1% |
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
3 days ago | Simply Wall St
Only Three Days Left To Cash In On RTX's (CPH:RTX) Dividend6 days ago | Simply Wall St
How Much Of RTX A/S (CPH:RTX) Do Insiders Own?3 weeks ago | Simply Wall St
RTX (CPH:RTX) Has Gifted Shareholders With A Fantastic 227% Total Return On Their InvestmentValuation
Is RTX undervalued compared to its fair value and its price relative to the market?
30.11x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RTX (DKK227) is trading above our estimate of fair value (DKK59.9)
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 (30.1x) compared to the XE Communications industry average (35.7x).
PE vs Market: RTX is poor value based on its PE Ratio (30.1x) compared to the Danish market (17.6x).
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?
20.8%
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
- Examine RTX's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- RTX competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
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?
1.10%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RTX's dividend (1.1%) is higher than the bottom 25% of dividend payers in the Danish market (1.02%).
High Dividend: RTX's dividend (1.1%) is low compared to the top 25% of dividend payers in the Danish market (3.55%).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Program Manager & Employee Representative Director | 6yrs | kr.200.00k | 0.0036% DKK 69.0k | |
| RF Manager & Director | 6yrs | kr.200.00k | 0.024% DKK 460.1k | |
| Employee Representative Director & Team Lead | 2yrs | kr.200.00k | no data | |
| Independent Director | 4yrs | kr.350.00k | 0.0090% DKK 172.4k | |
| Independent Chairman of the Board | no data | kr.600.00k | 0.015% DKK 293.2k | |
| Independent Deputy Chairman of Board | no data | kr.400.00k | 0.046% DKK 882.6k | |
| Independent Director | 2yrs | kr.200.00k | 0.015% DKK 278.3k | |
| Independent Director | 4yrs | kr.200.00k | 0.0076% DKK 145.3k |
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.1.907b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RTX | CPSE (OMX Nordic Exchange Copenhagen) | Yes | Share Capital | DK | DKK | Jun 2000 |
| RTE | DB (Deutsche Boerse AG) | Yes | Share Capital | DE | EUR | Jun 2000 |
| 0NQJ | LSE (London Stock Exchange) | Yes | Share Capital | GB | DKK | Jun 2000 |
| RTXC | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Share Capital | GB | DKK | Jun 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/27 18:10 |
| End of Day Share Price | 2021/01/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.