Executive Summary
RTX A/S designs and develops advanced wireless short range radio systems and products in Denmark and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid 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
2.9%
RTX
2.9%
DK Communications
1.1%
DK Market
1 Year Return
41.6%
RTX
-11.8%
DK Communications
26.3%
DK Market
Return vs Industry: RTX exceeded the Danish Communications industry which returned -11.8% over the past year.
Return vs Market: RTX exceeded the Danish Market which returned 26.3% over the past year.
Shareholder returns
| RTX | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.9% | 2.9% | 1.1% |
| 30 Day | 9.8% | 3.7% | 4.9% |
| 90 Day | 39.1% | 10.2% | 11.9% |
| 1 Year | 43.2%41.6% | -10.3%-11.8% | 30.1%26.3% |
| 3 Year | 66.0%60.1% | 22.9%14.5% | 61.1%47.2% |
| 5 Year | 241.4%216.9% | -17.5%-29.1% | 74.4%50.1% |
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
5 days ago | Simply Wall St
Why RTX A/S’s (CPH:RTX) Return On Capital Employed Is Impressive2 weeks ago | Simply Wall St
How Does RTX's (CPH:RTX) P/E Compare To Its Industry, After Its Big Share Price Gain?4 weeks ago | Simply Wall St
Should You Buy RTX A/S (CPH:RTX) For Its Upcoming Dividend In 3 Days?Valuation
Is RTX undervalued compared to its fair value and its price relative to the market?
26.48x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RTX (DKK234.5) is trading above our estimate of fair value (DKK184.75)
Significantly Below Fair Value: RTX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RTX is poor value based on its PE Ratio (26.5x) compared to the Communications industry average (19.1x).
PE vs Market: RTX is poor value based on its PE Ratio (26.5x) 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 (5.7x) compared to the XE Communications industry average (2.1x).
Next Steps
Future Growth
How is RTX forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
32.6%
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
- Check out RTX's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- 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?
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%) underperformed the Communications industry 49.1%.
Return on Equity
High ROE: RTX's Return on Equity (21.9%) is considered high.
Return on Assets
Return on Capital Employed
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?
1.07%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: RTX's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the Danish market (1.41%).
High Dividend: RTX's dividend (1.07%) is low compared to the top 25% of dividend payers in the Danish market (4.54%).
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?
3.1yrs
Average board tenure
CEO
Peter Røpke (53yo)
3.4yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Program Manager & Employee Representative Director | 5.1yrs | no data | 0.0062% DKK122.9k | |
| Senior Project Manager & Employee Representative Director | 5.1yrs | no data | 0.024% DKK468.3k | |
| Independent Director | 3.1yrs | no data | 0.0089% DKK175.7k | |
| Chairman of the Board | 0yrs | no data | 0.015% DKK298.6k | |
| Deputy Chairman of Board | 0yrs | no data | 0.027% DKK528.2k | |
| Director | 1.1yrs | no data | 0.0018% DKK36.4k | |
| Independent Director | 3.1yrs | no data | 0.0075% DKK148.0k | |
| Employee Representative Director | 1.1yrs | no data | no data |
3.1yrs
Average Tenure
54.5yo
Average Age
Experienced Board: RTX's board of directors are considered experienced (3.1 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: ø1.976b
- Shares outstanding: 8.43m
- 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 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 20:47 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/09/30 |
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.