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RNO

Renold AIM:RNO Stock Report

Last Price

UK£0.28

Market Cap

UK£59.2m

7D

2.3%

1Y

-2.1%

Updated

29 May, 2023

Data

Company Financials +

Renold plc

AIM:RNO Stock Report

Mkt Cap: UK£59.2m

RNO Stock Overview

Renold plc manufactures and sells high precision engineered power transmission products in the United Kingdom, rest of Europe, the United States, Australasia, China, India, and internationally.

RNO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 10.9% below our estimate of its fair value

Earnings have grown 35.5% per year over the past 5 years

Risk Analysis

Earnings are forecast to decline by an average of 1.8% per year for the next 3 years

Has a high level of debt

Latest financial reports are more than 6 months old

Does not have a meaningful market cap (£59M)


My Notes

Capture your thoughts, links and company narrative

Renold plc Competitors

HMS Hydraulic Machines & Systems Group

LSE:HMSG

US$81.1m

Trifast

LSE:TRI

UK£97.5m

Avingtrans

AIM:AVG

UK£132.2m

Mincon Group

AIM:MCON

UK£192.8m

Price History & Performance

Summary of all time highs, changes and price drops for Renold
Historical stock prices
Current Share PriceUK£0.28
52 Week HighUK£0.32
52 Week LowUK£0.21
Beta1.01
1 Month Change4.60%
3 Month Change6.55%
1 Year Change-2.07%
3 Year Change337.69%
5 Year Change-6.72%
Change since IPO-50.09%

Recent News & Updates

Should You Think About Buying Renold plc (LON:RNO) Now?

Apr 18
Should You Think About Buying Renold plc (LON:RNO) Now?

Renold (LON:RNO) Is Experiencing Growth In Returns On Capital

Feb 09
Renold (LON:RNO) Is Experiencing Growth In Returns On Capital

An Intrinsic Calculation For Renold plc (LON:RNO) Suggests It's 21% Undervalued

Jan 16
An Intrinsic Calculation For Renold plc (LON:RNO) Suggests It's 21% Undervalued

Recent updates

Should You Think About Buying Renold plc (LON:RNO) Now?

Apr 18
Should You Think About Buying Renold plc (LON:RNO) Now?

Renold (LON:RNO) Is Experiencing Growth In Returns On Capital

Feb 09
Renold (LON:RNO) Is Experiencing Growth In Returns On Capital

An Intrinsic Calculation For Renold plc (LON:RNO) Suggests It's 21% Undervalued

Jan 16
An Intrinsic Calculation For Renold plc (LON:RNO) Suggests It's 21% Undervalued

These 4 Measures Indicate That Renold (LON:RNO) Is Using Debt Reasonably Well

Jul 16
These 4 Measures Indicate That Renold (LON:RNO) Is Using Debt Reasonably Well

Is Renold plc (LON:RNO) Potentially Undervalued?

May 10
Is Renold plc (LON:RNO) Potentially Undervalued?

Renold (LON:RNO) May Have Issues Allocating Its Capital

Apr 15
Renold (LON:RNO) May Have Issues Allocating Its Capital

Is Renold (LON:RNO) A Risky Investment?

Mar 17
Is Renold (LON:RNO) A Risky Investment?

Renold's (LON:RNO) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Nov 10
Renold's (LON:RNO) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Renold plc's (LON:RNO) CEO Will Probably Find It Hard To See A Huge Raise This Year

Aug 17
Renold plc's (LON:RNO) CEO Will Probably Find It Hard To See A Huge Raise This Year

With EPS Growth And More, Renold (LON:RNO) Is Interesting

Jul 21
With EPS Growth And More, Renold (LON:RNO) Is Interesting

Is It Time To Consider Buying Renold plc (LON:RNO)?

May 07
Is It Time To Consider Buying Renold plc (LON:RNO)?

The Renold (LON:RNO) Share Price Is Up 67% And Shareholders Are Holding On

Mar 01
The Renold (LON:RNO) Share Price Is Up 67% And Shareholders Are Holding On

Is Renold (LON:RNO) Likely To Turn Things Around?

Feb 08
Is Renold (LON:RNO) Likely To Turn Things Around?

At UK£0.14, Is It Time To Put Renold plc (LON:RNO) On Your Watch List?

Jan 22
At UK£0.14, Is It Time To Put Renold plc (LON:RNO) On Your Watch List?

A Quick Analysis On Renold's (LON:RNO) CEO Salary

Jan 04
A Quick Analysis On Renold's (LON:RNO) CEO Salary

Here's Why We Think Renold's (LON:RNO) Statutory Earnings Might Be Conservative

Dec 16
Here's Why We Think Renold's (LON:RNO) Statutory Earnings Might Be Conservative

Estimating The Fair Value Of Renold plc (LON:RNO)

Nov 27
Estimating The Fair Value Of Renold plc (LON:RNO)

Shareholder Returns

RNOGB MachineryGB Market
7D2.3%-2.7%-1.7%
1Y-2.1%6.4%-4.9%

Return vs Industry: RNO underperformed the UK Machinery industry which returned 6.4% over the past year.

Return vs Market: RNO exceeded the UK Market which returned -4.9% over the past year.

Price Volatility

Is RNO's price volatile compared to industry and market?
RNO volatility
RNO Average Weekly Movement6.8%
Machinery Industry Average Movement4.4%
Market Average Movement4.9%
10% most volatile stocks in GB Market10.9%
10% least volatile stocks in GB Market2.6%

Stable Share Price: RNO is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: RNO's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18641,817Rob Purcellhttps://www.renold.com

Renold plc manufactures and sells high precision engineered power transmission products in the United Kingdom, rest of Europe, the United States, Australasia, China, India, and internationally. The company operates through two segments, Chain and Torque Transmission. It offers standard, welded steel, and draw bench conveyor chains, as well as conveyor and trident chains for theme parks; and bucket elevator, escalator, heavy duty drag, and waste water treatment chains, as well as standard attachments and screen chains.

Renold plc Fundamentals Summary

How do Renold's earnings and revenue compare to its market cap?
RNO fundamental statistics
Market CapUK£59.19m
Earnings (TTM)UK£9.40m
Revenue (TTM)UK£216.20m

6.3x

P/E Ratio

0.3x

P/S Ratio

Is RNO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
RNO income statement (TTM)
RevenueUK£216.20m
Cost of RevenueUK£85.50m
Gross ProfitUK£130.70m
Other ExpensesUK£121.30m
EarningsUK£9.40m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Jul 12, 2023

Earnings per share (EPS)0.045
Gross Margin60.45%
Net Profit Margin4.35%
Debt/Equity Ratio134.3%

How did RNO perform over the long term?

See historical performance and comparison