| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
RHIM Stock Overview
RHI Magnesita N.V. develops, produces, sells, installs, and maintains refractory products and systems used in industrial high-temperature processes worldwide.
RHI Magnesita Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£36.70 |
| 52 Week High | UK£47.62 |
| 52 Week Low | UK£28.72 |
| Beta | 1.49 |
| 1 Month Change | 17.63% |
| 3 Month Change | 13.06% |
| 1 Year Change | -7.04% |
| 3 Year Change | -12.45% |
| 5 Year Change | n/a |
| Change since IPO | 12.96% |
Recent News & Updates
What Is RHI Magnesita N.V.'s (LON:RHIM) Share Price Doing?
RHI Magnesita N.V. ( LON:RHIM ), is not the largest company out there, but it saw a decent share price growth in the...
RHI Magnesita (LON:RHIM) Has A Somewhat Strained Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
When Should You Buy RHI Magnesita N.V. (LON:RHIM)?
While RHI Magnesita N.V. ( LON:RHIM ) might not be the most widely known stock at the moment, it saw significant share...
RHI Magnesita (LON:RHIM) Hasn't Managed To Accelerate Its Returns
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Shareholder Returns
| RHIM | GB Basic Materials | GB Market | |
|---|---|---|---|
| 7D | 3.6% | 1.8% | -1.0% |
| 1Y | -7.0% | 6.6% | 8.3% |
Return vs Industry: RHIM underperformed the UK Basic Materials industry which returned 6.6% over the past year.
Return vs Market: RHIM underperformed the UK Market which returned 8.3% over the past year.
Price Volatility
| RHIM volatility | |
|---|---|
| RHIM Average Weekly Movement | 3.8% |
| Basic Materials Industry Average Movement | 3.9% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.6% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: RHIM is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: RHIM's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1834 | 12,000 | Stefan Borgas | https://www.rhimagnesita.com |
RHI Magnesita N.V. develops, produces, sells, installs, and maintains refractory products and systems used in industrial high-temperature processes worldwide. The company operates in Steel and Industrial segments. It offers magnesia spinel, dolomite, dolomite-magnesia, magnesia-chrome, alumina, alumina silicate, and mortars for the cement industry; shaped products based on silicon carbide, magnesia, zirconium, fireclay, and alumina; unshaped refractories; and high-temperature insulation, and ceramic and metallic anchoring systems.
RHI Magnesita Fundamentals Summary
| RHIM fundamental statistics | |
|---|---|
| Market Cap | €2.07b |
| Earnings (TTM) | €71.50m |
| Revenue (TTM) | €2.29b |
29.0x
P/E Ratio0.9x
P/S RatioIs RHIM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RHIM income statement (TTM) | |
|---|---|
| Revenue | €2.29b |
| Cost of Revenue | €1.75b |
| Gross Profit | €542.60m |
| Expenses | €471.10m |
| Earnings | €71.50m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.52 |
| Gross Margin | 23.71% |
| Net Profit Margin | 3.12% |
| Debt/Equity Ratio | 152.5% |
How did RHIM perform over the long term?
See historical performance and comparisonDividends
3.4%
Current Dividend Yield102%
Payout RatioValuation
Is RHI Magnesita undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RHIM (£36.7) is trading below our estimate of fair value (£124.35)
Significantly Below Fair Value: RHIM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RHIM is poor value based on its PE Ratio (29x) compared to the UK Basic Materials industry average (22.7x).
PE vs Market: RHIM is poor value based on its PE Ratio (29x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: RHIM is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: RHIM is overvalued based on its PB Ratio (3x) compared to the GB Basic Materials industry average (2.1x).
Future Growth
How is RHI Magnesita forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
19.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RHIM's forecast earnings growth (19.4% per year) is above the savings rate (0.9%).
Earnings vs Market: RHIM's earnings (19.4% per year) are forecast to grow faster than the UK market (12.1% per year).
High Growth Earnings: RHIM's earnings are forecast to grow, but not significantly.
Revenue vs Market: RHIM's revenue (4.4% per year) is forecast to grow slower than the UK market (4.8% per year).
High Growth Revenue: RHIM's revenue (4.4% 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 RHIM's Return on Equity is forecast to be high in 3 years time
Past Performance
How has RHI Magnesita performed over the past 5 years?
16.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RHIM has a large one-off loss of €106.9M impacting its June 30 2021 financial results.
Growing Profit Margin: RHIM's current net profit margins (3.1%) are higher than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: RHIM's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: RHIM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RHIM had negative earnings growth (-5.8%) over the past year, making it difficult to compare to the Basic Materials industry average (53.8%).
Return on Equity
High ROE: RHIM's Return on Equity (10.5%) is considered low.
Financial Health
How is RHI Magnesita's financial position?
Financial Position Analysis
Short Term Liabilities: RHIM's short term assets (€1.5B) exceed its short term liabilities (€1.0B).
Long Term Liabilities: RHIM's short term assets (€1.5B) exceed its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: RHIM's net debt to equity ratio (106.2%) is considered high.
Reducing Debt: RHIM's debt to equity ratio has increased from 112.8% to 152.5% over the past 5 years.
Debt Coverage: RHIM's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: RHIM's interest payments on its debt are well covered by EBIT (10.7x coverage).
Balance Sheet
Dividend
What is RHI Magnesita current dividend yield, its reliability and sustainability?
3.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RHIM's dividend (3.4%) is higher than the bottom 25% of dividend payers in the UK market (1.41%).
High Dividend: RHIM's dividend (3.4%) is low compared to the top 25% of dividend payers in the UK market (4.06%).
Stability and Growth of Payments
Stable Dividend: RHIM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RHIM's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (102.2%), RHIM's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RHIM's dividends in 3 years are forecast to be well covered by earnings (34.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Stefan Borgas (57 yo)
4.25yrs
Tenure
€1,892,862
Compensation
Mr. Stefan Borgas, MBA, serves as an Independent Chairman of the Board at AFYREN SAS since October 2020. He has been the Chief Executive Officer of Magnesita Refratários S.A. (formerly known as RHI Magnesi...
CEO Compensation Analysis
Compensation vs Market: Stefan's total compensation ($USD2.15M) is above average for companies of similar size in the UK market ($USD1.55M).
Compensation vs Earnings: Stefan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: RHIM's management team is considered experienced (2.8 years average tenure).
Board Members
Experienced Board: RHIM's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RHIM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
RHI Magnesita N.V.'s employee growth, exchange listings and data sources
Key Information
- Name: RHI Magnesita N.V.
- Ticker: RHIM
- Exchange: LSE
- Founded: 1834
- Industry: Construction Materials
- Sector: Materials
- Implied Market Cap: UK£1.725b
- Shares outstanding: 47.00m
- Website: https://www.rhimagnesita.com
Number of Employees
Location
- RHI Magnesita N.V.
- Kranichberggasse 6
- Vienna
- Vienna
- 1120
- Austria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 21:11 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.