Rapala VMC
Market Cap
€107.9m
Last Updated
2020/10/19 20:59 UTC
Data Sources
Company Financials +
Executive Summary
Rapala VMC Corporation, together with its subsidiaries, engages in manufacturing, sourcing, and distributing fishing tackle products in North America, Nordic countries, rest of Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with moderate growth potential.
Share Price & News
How has Rapala VMC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RAP1V has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.4%
RAP1V
-0.9%
FI Leisure
0.09%
FI Market
1 Year Return
1.1%
RAP1V
32.2%
FI Leisure
6.4%
FI Market
Return vs Industry: RAP1V underperformed the Finnish Leisure industry which returned 31.6% over the past year.
Return vs Market: RAP1V underperformed the Finnish Market which returned 6.4% over the past year.
Shareholder returns
| RAP1V | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | -0.9% | 0.09% |
| 30 Day | 6.1% | 2.8% | 1.7% |
| 90 Day | -0.7% | 13.3% | 10.6% |
| 1 Year | 2.2%1.1% | 33.4%32.2% | 15.4%6.4% |
| 3 Year | -25.5%-28.8% | 51.8%42.1% | 22.2%1.4% |
| 5 Year | -35.0%-40.6% | 134.4%104.6% | 62.3%27.8% |
Price Volatility Vs. Market
How volatile is Rapala VMC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
These 4 Measures Indicate That Rapala VMC (HEL:RAP1V) Is Using Debt Extensively3 months ago | Simply Wall St
Is Rapala VMC (HEL:RAP1V) A Risky Investment?7 months ago | Simply Wall St
Some Rapala VMC (HEL:RAP1V) Shareholders Have Copped A Big 56% Share Price DropValuation
Is Rapala VMC undervalued compared to its fair value and its price relative to the market?
0.77x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: RAP1V (€2.79) is trading above our estimate of fair value (€2.39)
Significantly Below Fair Value: RAP1V is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RAP1V is unprofitable, so we can't compare its PE Ratio to the XE Leisure industry average.
PE vs Market: RAP1V is unprofitable, so we can't compare its PE Ratio to the Finnish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RAP1V's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RAP1V is good value based on its PB Ratio (0.8x) compared to the XE Leisure industry average (2.1x).
Next Steps
Future Growth
How is Rapala VMC forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
75.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAP1V is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).
Earnings vs Market: RAP1V is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RAP1V's is expected to become profitable in the next 3 years.
Revenue vs Market: RAP1V's revenue (2.7% per year) is forecast to grow slower than the Finnish market (4.4% per year).
High Growth Revenue: RAP1V's revenue (2.7% 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 RAP1V's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Rapala VMC performed over the past 5 years?
-25.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAP1V is currently unprofitable.
Growing Profit Margin: RAP1V is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RAP1V is unprofitable, and losses have increased over the past 5 years at a rate of 25.7% per year.
Accelerating Growth: Unable to compare RAP1V's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RAP1V is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (-9.9%).
Return on Equity
High ROE: RAP1V has a negative Return on Equity (-4.96%), as it is currently unprofitable.
Next Steps
Financial Health
How is Rapala VMC's financial position?
Financial Position Analysis
Short Term Liabilities: RAP1V's short term assets (€189.7M) exceed its short term liabilities (€108.2M).
Long Term Liabilities: RAP1V's short term assets (€189.7M) exceed its long term liabilities (€63.2M).
Debt to Equity History and Analysis
Debt Level: RAP1V's debt to equity ratio (81.9%) is considered high.
Reducing Debt: RAP1V's debt to equity ratio has reduced from 89.8% to 81.9% over the past 5 years.
Debt Coverage: RAP1V's debt is well covered by operating cash flow (23.4%).
Interest Coverage: RAP1V is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Rapala VMC current dividend yield, its reliability and sustainability?
2.99%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RAP1V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RAP1V's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RAP1V's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RAP1V's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RAP1V is not paying a notable dividend for the Finnish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RAP1V's dividend in 3 years as they are not forecast to pay a notable one for the Finnish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Nicolas Warchalowski (49 yo)
0.58
Tenure
Mr. Nicolas Warchalowski has been Chief Executive Officer and President at Rapala VMC Corporation since March 01, 2020. Mr. Warchalowski served as the Chief Executive Officer of Peak Performance Production ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 0.58yr | no data | no data | |
| Chief Financial Officer | 3.33yrs | no data | 0.026% € 28.3k | |
| Chief Operating Officer | no data | no data | 0.026% € 28.3k | |
| Executive VP of Investor Relations | 4.92yrs | no data | 0.026% € 28.3k | |
| Executive VP & Head of Operations | 5.08yrs | no data | 0.021% € 22.4k | |
| Executive Vice President of Distribution & Brands - North America | 4.08yrs | no data | 0.0078% € 8.4k | |
| Executive Vice President of Distribution - Russia | 10.17yrs | no data | 0.026% € 28.3k | |
| Executive VP & President of VMC Pêche | 4.08yrs | no data | 0.026% € 28.3k | |
| Executive Vice President of Lure Manufacturing | no data | no data | 0.026% € 28.3k | |
| Executive VP & Head of European Distribution | no data | no data | no data | |
| Executive Vice President of Product Development & Innovation | 0.083yr | no data | no data |
4.1yrs
Average Tenure
55yo
Average Age
Experienced Management: RAP1V's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 22.75yrs | €500.00k | 0.070% € 75.3k | |
| Director | 20.75yrs | €60.00k | 0.0052% € 5.6k | |
| Independent Director | 22.75yrs | no data | 0.013% € 14.0k | |
| Independent Director | 14.92yrs | no data | 0.0078% € 8.4k | |
| Independent Director | 6.5yrs | no data | no data | |
| Chairman | 2.08yrs | no data | 0.0057% € 6.2k |
17.8yrs
Average Tenure
64yo
Average Age
Experienced Board: RAP1V's board of directors are seasoned and experienced ( 17.8 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
Rapala VMC Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Rapala VMC Corporation
- Ticker: RAP1V
- Exchange: HLSE
- Founded: 1936
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: €107.934m
- Shares outstanding: 38.55m
- Website: https://www.rapalavmc.com
Number of Employees
Location
- Rapala VMC Corporation
- MAekelAenkatu 91
- Helsinki
- Uusimaa
- 610
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RPNM.F | OTCPK (Pink Sheets LLC) | Yes | Class A Shares | US | USD | Dec 1998 |
| RAP1V | HLSE (OMX Nordic Exchange Helsinki) | Yes | Class A Shares | FI | EUR | Dec 1998 |
| 0MEF | LSE (London Stock Exchange) | Yes | Class A Shares | GB | EUR | Dec 1998 |
| RAP1VH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Class A Shares | GB | EUR | Dec 1998 |
Biography
Rapala VMC Corporation, together with its subsidiaries, engages in manufacturing, sourcing, and distributing fishing tackle products in North America, Nordic countries, rest of Europe, and internationally. ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/19 20:59 |
| End of Day Share Price | 2020/10/19 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.