RAP1

Rapala VMCHLSE:RAP1V Stock Report

Market Cap

€361.5m

7D

-6.5%

1Y

252.9%

Updated

17 Sep, 2021

Data

Company Financials +
RAP1V fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends0/6

RAP1V Overview

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.

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 is more volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: RAP1V's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of Finnish stocks.


Market Performance


7 Day Return

-6.5%

RAP1V

-1.3%

FI Leisure

-4.2%

FI Market


1 Year Return

252.9%

RAP1V

60.7%

FI Leisure

19.8%

FI Market

Return vs Industry: RAP1V exceeded the Finnish Leisure industry which returned 63% over the past year.

Return vs Market: RAP1V exceeded the Finnish Market which returned 22% over the past year.


Shareholder returns

RAP1VIndustryMarket
7 Day-6.5%-1.3%-4.2%
30 Day-1.9%2.7%-2.9%
90 Day13.7%11.9%2.0%
1 Year252.9%252.9%63.5%60.7%23.3%19.8%
3 Year168.5%161.4%106.3%93.5%39.8%18.8%
5 Year122.3%110.0%221.3%181.3%75.8%41.1%

Long-Term 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

Rapala VMC Fundamentals Summary

How do Rapala VMC's earnings and revenue compare to its market cap?
RAP1V fundamental statistics
Market Cap€361.45m
Earnings (TTM)€22.90m
Revenue (TTM)€304.20m

15.8x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RAP1V income statement (TTM)
Revenue€304.20m
Cost of Revenue€142.20m
Gross Profit€162.00m
Expenses€139.10m
Earnings€22.90m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.59
Gross Margin53.25%
Net Profit Margin7.53%
Debt/Equity Ratio40.3%

How did RAP1V perform over the long term?

See historical performance and comparison

Valuation

Is Rapala VMC undervalued compared to its fair value and its price relative to the market?

16.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RAP1V (€9.28) is trading below our estimate of fair value (€11.15)

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 good value based on its PE Ratio (15.8x) compared to the European Leisure industry average (18.8x).

PE vs Market: RAP1V is good value based on its PE Ratio (15.8x) compared to the Finnish market (23.7x).


Price to Earnings Growth Ratio

PEG Ratio: RAP1V is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: RAP1V is good value based on its PB Ratio (2.3x) compared to the XE Leisure industry average (3.2x).


Future Growth

How is Rapala VMC forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

8.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RAP1V's forecast earnings growth (8.5% per year) is above the savings rate (0.2%).

Earnings vs Market: RAP1V's earnings (8.5% per year) are forecast to grow faster than the Finnish market (7.4% per year).

High Growth Earnings: RAP1V's earnings are forecast to grow, but not significantly.

Revenue vs Market: RAP1V's revenue (1.1% per year) is forecast to grow slower than the Finnish market (3.7% per year).

High Growth Revenue: RAP1V's revenue (1.1% 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


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 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: RAP1V's earnings have grown significantly by 29.2% per year over the past 5 years.

Accelerating Growth: RAP1V has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RAP1V has become profitable in the last year, making it difficult to compare its past year earnings growth to the Leisure industry (71%).


Return on Equity

High ROE: RAP1V's Return on Equity (15.5%) is considered low.


Financial Health

How is Rapala VMC's financial position?


Financial Position Analysis

Short Term Liabilities: RAP1V's short term assets (€173.5M) exceed its short term liabilities (€73.2M).

Long Term Liabilities: RAP1V's short term assets (€173.5M) exceed its long term liabilities (€68.1M).


Debt to Equity History and Analysis

Debt Level: RAP1V's debt to equity ratio (40.3%) is considered high.

Reducing Debt: RAP1V's debt to equity ratio has reduced from 91.7% to 40.3% over the past 5 years.

Debt Coverage: RAP1V's debt is well covered by operating cash flow (79.1%).

Interest Coverage: RAP1V's interest payments on its debt are well covered by EBIT (41.4x coverage).


Balance Sheet


Dividend

What is Rapala VMC current dividend yield, its reliability and sustainability?

3.05%

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?

5.0yrs

Average management tenure


CEO

Nicolas Warchalowski (50 yo)

1.5yrs

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

Experienced Management: RAP1V's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: RAP1V's board of directors are seasoned and experienced ( 11.6 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: €361.454m
  • Shares outstanding: 38.95m
  • Website: https://www.rapalavmc.com

Number of Employees


Location

  • Rapala VMC Corporation
  • MAekelAenkatu 91
  • Helsinki
  • Uusimaa
  • 610
  • Finland

Listings


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:23
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.