Rapala VMC
Market Cap
€107.5m
Last Updated
2019/12/10 20:39 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.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
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
-2.8%
RAP1V
1.1%
FI Leisure
0.8%
FI Market
1 Year Return
-13.9%
RAP1V
20.4%
FI Leisure
10.6%
FI Market
Return vs Industry: RAP1V underperformed the Finnish Leisure industry which returned 20.4% over the past year.
Return vs Market: RAP1V underperformed the Finnish Market which returned 10.6% over the past year.
Shareholder returns
| RAP1V | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.8% | 1.1% | 0.8% |
| 30 Day | -5.4% | 5.7% | -2.2% |
| 90 Day | -5.4% | 10.0% | 1.1% |
| 1 Year | -12.1%-13.9% | 24.2%20.4% | 15.7%10.6% |
| 3 Year | -28.8%-32.8% | 78.0%62.2% | 25.0%9.9% |
| 5 Year | -33.9%-41.9% | 116.7%87.5% | 58.3%27.9% |
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
2 weeks ago | Simply Wall St
Why You Should Care About Rapala VMC Corporation’s (HEL:RAP1V) Low Return On Capital1 month ago | Simply Wall St
Is Rapala VMC (HEL:RAP1V) A Risky Investment?1 month ago | Simply Wall St
Is It Worth Considering Rapala VMC Corporation (HEL:RAP1V) For Its Upcoming Dividend?Valuation
Is Rapala VMC undervalued compared to its fair value and its price relative to the market?
18.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RAP1V (€2.79) is trading below our estimate of fair value (€3.43)
Significantly Below Fair Value: RAP1V is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RAP1V is poor value based on its PE Ratio (39.6x) compared to the Leisure industry average (16.2x).
PE vs Market: RAP1V is poor value based on its PE Ratio (39.6x) compared to the Finnish market (19.6x).
Price to Earnings Growth Ratio
PEG Ratio: RAP1V is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: RAP1V is good value based on its PB Ratio (0.9x) compared to the XE Leisure industry average (2x).
Next Steps
Future Growth
How is Rapala VMC forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
37.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAP1V's forecast earnings growth (37% per year) is above the savings rate (-0.1%).
Earnings vs Market: RAP1V's earnings (37% per year) are forecast to grow faster than the Finnish market (14.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RAP1V's revenue (1.6% per year) is forecast to grow faster than the Finnish market (1.5% per year).
High Growth Revenue: RAP1V's revenue (1.6% 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?
-29.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAP1V has high quality earnings.
Growing Profit Margin: RAP1V's current net profit margins (1%) are lower than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: RAP1V's earnings have declined by -29.2% per year over the past 5 years.
Accelerating Growth: RAP1V's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RAP1V had negative earnings growth (-41.3%) over the past year, making it difficult to compare to the Leisure industry average (2.5%).
Return on Equity
High ROE: RAP1V's Return on Equity (3.3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Rapala VMC's financial position?
Financial Position Analysis
Short Term Liabilities: RAP1V's short term assets (€194.7M) exceed its short term liabilities (€122.8M).
Long Term Liabilities: RAP1V's short term assets (€194.7M) exceed its long term liabilities (€66.4M).
Debt to Equity History and Analysis
Debt Level: RAP1V's debt to equity ratio (90.7%) is considered high.
Reducing Debt: RAP1V's debt to equity ratio has increased from 86.7% to 90.7% over the past 5 years.
Debt Coverage: RAP1V's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: RAP1V's interest payments on its debt are well covered by EBIT (12.4x coverage).
Balance Sheet
Inventory Level: RAP1V has a high level of physical assets or inventory.
Debt Coverage by Assets: RAP1V's debt is covered by short term assets (assets are 1.7x debt).
Next Steps
Dividend
What is Rapala VMC's current dividend yield, its reliability and sustainability?
2.15%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: RAP1V's dividend (2.15%) isn’t notable compared to the bottom 25% of dividend payers in the Finnish market (2.23%).
High Dividend: RAP1V's dividend (2.15%) is low compared to the top 25% of dividend payers in the Finnish market (4.85%).
Stability and Growth of Payments
Stable Dividend: RAP1V's dividend payments have been volatile in the past 10 years.
Growing Dividend: RAP1V's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (85.2%), RAP1V's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RAP1V's dividends in 3 years are forecast to be well covered by earnings (36.7% payout ratio).
Next Steps
Management
What is the CEO of Rapala VMC's salary, the management and board of directors tenure and is there insider trading?
3.3yrs
Average management tenure
CEO
Louis D’Alançon (60yo)
0.3yrs
Tenure
Mr. Louis Audemard D’Alançon serves as Interim President and Chief Executive Officer of Rapala VMC Corporation since September 27, 2019. Mr. D’Alançon has been Chairman of Rapala VMC Corporation since Sept ...
Management Age and Tenure
3.3yrs
Average Tenure
57yo
Average Age
Experienced Management: RAP1V's management team is considered experienced (3.3 years average tenure).
Board Age and Tenure
14.5yrs
Average Tenure
63yo
Average Age
Experienced Board: RAP1V's board of directors are seasoned and experienced ( 14.5 years average tenure).
Insider Trading
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.
Management Team
Lars Ollberg (63yo)
Chief Operating Officer
- Tenure: 2.4yrs
Stanislas de Castelnau (56yo)
Head of Manufacturing Operations & Global Supply Chain Development and Hook & Carp Business Unit
- Tenure: 4.3yrs
Olli Aho (60yo)
Executive VP of Investor Relations
- Tenure: 4.1yrs
Tom Mackin (58yo)
Head of Distribution & Brands - North America
- Tenure: 3.3yrs
Jussi Ristimäki (45yo)
Executive Officer
- Tenure: 0yrs
Victor Skvortsov (57yo)
Head of Distribution in Russia
- Tenure: 9.3yrs
Cyrille Viellard (42yo)
Executive Vice President of Market Intelligence & Business Development
- Tenure: 3.3yrs
Jan-Elof Cavander (33yo)
Chief Financial Officer
- Tenure: 2.5yrs
Louis D’Alançon (60yo)
Chairman
- Tenure: 0.3yrs
Board Members
Jorma Kasslin (66yo)
Director
- Tenure: 21.9yrs
- Compensation: €500.00k
Emmanuel Viellard (56yo)
Director
- Tenure: 14.9yrs
- Compensation: €60.00k
Eero Makkonen (73yo)
Director
- Tenure: 21.9yrs
Marc Speeckaert (68yo)
Director
- Tenure: 14.1yrs
Julia Aubertin (40yo)
Director
- Tenure: 5.7yrs
Louis D’Alançon (60yo)
Chairman
- Tenure: 0.3yrs
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: €107.548m
- Shares outstanding: 38.55m
- Website: https://www.rapalavmc.com
Number of Employees
Location
- Rapala VMC Corporation
- Mäkelänkatu 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 | 2019/12/10 20:39 |
| End of Day Share Price | 2019/12/10 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.