ENXTPA:RIB

Stock Analysis Report

Executive Summary

Riber S.A. provides molecular beam epitaxy (MBE) equipment and material evaporation sources for the semiconductor industry.

Snowflake

Fundamentals

Reasonable growth potential with mediocre balance sheet.

Risks

  • Riber is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Riber's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

14.6%

RIB

-3.5%

FR Semiconductor

0.1%

FR Market


1 Year Return

-54.9%

RIB

9.1%

FR Semiconductor

2.1%

FR Market

RIB underperformed the Semiconductor industry which returned 12% over the past year.

RIB underperformed the Market in France which returned 2.7% over the past year.


Share holder returns

RIBIndustryMarket
7 Day14.6%-3.5%0.1%
30 Day19.2%6.8%3.3%
90 Day-5.9%13.1%2.0%
1 Year-53.1%-54.9%10.5%9.1%5.6%2.1%
3 Year159.6%146.6%180.6%170.0%44.8%30.8%
5 Year28.7%22.2%227.7%179.8%61.8%37.9%

Price Volatility Vs. Market

How volatile is Riber's share price compared to the market and industry in the last 5 years?


Simply Wall St News

1 month ago | Simply Wall St

What Is Riber S.A.'s (EPA:RIB) Share Price Doing?

Valuation

Is Riber undervalued based on future cash flows and its price relative to the stock market?

92.72x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Riber's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Riber's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Riber is overvalued based on earnings compared to the Europe Semiconductor industry average.

Riber is overvalued based on earnings compared to the France market.


Price Based on Expected Growth

Riber is poor value based on expected growth next year.


Price Based on Value of Assets

Riber is good value based on assets compared to the FR Semiconductor industry average.


Next Steps

Future Growth

How is Riber expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

62.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Riber's revenue is expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).

Riber's earnings are expected to grow significantly at over 20% yearly.

Riber's revenue growth is expected to exceed the France market average.

Riber's earnings growth is expected to exceed the France market average.

Riber's earnings growth is expected to exceed the low risk savings rate of 0.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Riber will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Riber performed over the past 5 years?

47.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Riber has delivered over 20% year on year earnings growth in the past 5 years.

Riber's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Riber's 1-year earnings growth is negative, it can't be compared to the Europe Semiconductor industry average.


Return on Equity

Riber has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Riber used its assets less efficiently than the Europe Semiconductor industry average last year based on Return on Assets.


Return on Capital Employed

Riber has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Riber's financial position?


Financial Position Analysis

Riber is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Riber's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Riber's level of debt (2.3%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (0.1% vs 2.3% today).

Operating cash flow is negative therefore debt is not well covered.

Interest payments on debt are not well covered by earnings (EBIT is 1.2x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 65x debt.


Next Steps

Dividend

What is Riber's current dividend yield, its reliability and sustainability?

3.50%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Riber's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.56%).

Riber's dividend is below the markets top 25% of dividend payers in France (4.48%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).


Next Steps

Management

What is the CEO of Riber's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average board tenure


CEO

Philippe Ley (49yo)

1.3yrs

Tenure

€187,370

Compensation

Mr. Philippe Ley has been Chief Executive Officer and Member of Management Board of Riber S.A. since June 22, 2018. He has been Chairman of the Management Board of Riber S.A. since June 2019. He served as  ...


CEO Compensation Analysis

Philippe's remuneration is about average for companies of similar size in France.

Philippe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Age and Tenure

3.4yrs

Average Tenure

63yo

Average Age

The tenure for the Riber board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Michel Picault (65yo)

    Member of Management Board

    • Tenure: 0yrs
    • Compensation: €948.86k
  • Philippe Ley (49yo)

    CEO & Chairman of Management Board

    • Tenure: 1.3yrs
    • Compensation: €187.37k
  • Laurent Pollet (58yo)

    CFO & Member of Management Board

    • Tenure: 0.7yrs

Board Members

  • Bernard Raboutet

    Vice Chairman of Supervisory Board

    • Tenure: 0yrs
    • Compensation: €17.48k
  • Christine Monier (63yo)

    Independent Member of Supervisory Board

    • Tenure: 3.4yrs
    • Compensation: €26.22k
  • Didier Cornardeau (69yo)

    Chairman of Supervisory Board

    • Tenure: 3.8yrs
    • Compensation: €34.95k
  • Annie Geoffroy

    Independent Member of Supervisory Board

    • Tenure: 3.4yrs
    • Compensation: €16.51k
  • Nicolas Grandjean (52yo)

    Member of Supervisory Board

    • Tenure: 0.3yrs

Company Information

Riber S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Riber S.A.
  • Ticker: RIB
  • Exchange: ENXTPA
  • Founded: 1964
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: €29.682m
  • Shares outstanding: 20.76m
  • Website: https://www.riber.com

Number of Employees


Location

  • Riber S.A.
  • 31 Rue Casimir Périer
  • Bezons
  • Ile-de-France
  • 95870
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RIBENXTPA (Euronext Paris)YesCommon SharesFREURMay 2000
RI7DB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2000
0FT3LSE (London Stock Exchange)YesCommon SharesGBEURMay 2000
RIBPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURMay 2000

Biography

Riber S.A. provides molecular beam epitaxy (MBE) equipment and material evaporation sources for the semiconductor industry. The company offers MBE research tools for the production of epitaxial layers; MBE ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 20:37
End of Day Share Price2019/09/20 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.