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RHIM

RHI Magnesita LSE:RHIM Stock Report

Last Price

UK£27.00

Market Cap

UK£1.3b

7D

7.2%

1Y

-19.0%

Updated

29 Jan, 2023

Data

Company Financials +

RHI Magnesita N.V.

LSE:RHIM Stock Report

Mkt Cap: UK£1.3b

RHIM Stock Overview

RHI Magnesita N.V., together with its subsidiaries, develops, produces, sells, installs, and maintains refractory products and systems used in industrial high-temperature processes worldwide.

RHIM fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health3/6
Dividends2/6

Rewards

Trading at 67.2% below our estimate of its fair value

Earnings are forecast to grow 5.93% per year

Earnings grew by 239.9% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

High level of non-cash earnings

Dividend of 4.87% is not well covered


My Notes

New

Notes are coming soon

RHI Magnesita N.V. Competitors

Breedon Group

AIM:BREE

UK£1.1b

Marshalls

LSE:MSLH

UK£865.9m

Ibstock

LSE:IBST

UK£658.8m

Forterra

LSE:FORT

UK£437.4m

Price History & Performance

Summary of all time highs, changes and price drops for RHI Magnesita
Historical stock prices
Current Share PriceUK£27.00
52 Week HighUK£36.20
52 Week LowUK£15.57
Beta1.45
1 Month Change21.40%
3 Month Change45.79%
1 Year Change-18.97%
3 Year Change-15.47%
5 Year Change-39.20%
Change since IPO-16.90%

Recent News & Updates

We Think RHI Magnesita (LON:RHIM) Is Taking Some Risk With Its Debt

Dec 16
We Think RHI Magnesita (LON:RHIM) Is Taking Some Risk With Its Debt

RHI Magnesita's (LON:RHIM) Returns Have Hit A Wall

Oct 27
RHI Magnesita's (LON:RHIM) Returns Have Hit A Wall

Recent updates

We Think RHI Magnesita (LON:RHIM) Is Taking Some Risk With Its Debt

Dec 16
We Think RHI Magnesita (LON:RHIM) Is Taking Some Risk With Its Debt

RHI Magnesita's (LON:RHIM) Returns Have Hit A Wall

Oct 27
RHI Magnesita's (LON:RHIM) Returns Have Hit A Wall

At UK£17.31, Is It Time To Put RHI Magnesita N.V. (LON:RHIM) On Your Watch List?

Sep 29
At UK£17.31, Is It Time To Put RHI Magnesita N.V. (LON:RHIM) On Your Watch List?

Is RHI Magnesita (LON:RHIM) Using Too Much Debt?

Aug 20
Is RHI Magnesita (LON:RHIM) Using Too Much Debt?

RHI Magnesita (LON:RHIM) Hasn't Managed To Accelerate Its Returns

Jul 05
RHI Magnesita (LON:RHIM) Hasn't Managed To Accelerate Its Returns

What Is RHI Magnesita N.V.'s (LON:RHIM) Share Price Doing?

May 31
What Is RHI Magnesita N.V.'s (LON:RHIM) Share Price Doing?

We Think RHI Magnesita (LON:RHIM) Is Taking Some Risk With Its Debt

May 15
We Think RHI Magnesita (LON:RHIM) Is Taking Some Risk With Its Debt

Returns On Capital At RHI Magnesita (LON:RHIM) Have Stalled

Feb 07
Returns On Capital At RHI Magnesita (LON:RHIM) Have Stalled

What Is RHI Magnesita N.V.'s (LON:RHIM) Share Price Doing?

Jan 01
What Is RHI Magnesita N.V.'s (LON:RHIM) Share Price Doing?

RHI Magnesita (LON:RHIM) Has A Somewhat Strained Balance Sheet

Dec 13
RHI Magnesita (LON:RHIM) Has A Somewhat Strained Balance Sheet

When Should You Buy RHI Magnesita N.V. (LON:RHIM)?

Sep 15
When Should You Buy RHI Magnesita N.V. (LON:RHIM)?

RHI Magnesita (LON:RHIM) Hasn't Managed To Accelerate Its Returns

Aug 31
RHI Magnesita (LON:RHIM) Hasn't Managed To Accelerate Its Returns

RHI Magnesita N.V. (LON:RHIM) Half-Year Results: Here's What Analysts Are Forecasting For This Year

Jul 31
RHI Magnesita N.V. (LON:RHIM) Half-Year Results: Here's What Analysts Are Forecasting For This Year

Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

Jul 30
Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

Shareholders May Find It Hard To Justify A Pay Rise For RHI Magnesita N.V.'s (LON:RHIM) CEO This Year

Jun 04
Shareholders May Find It Hard To Justify A Pay Rise For RHI Magnesita N.V.'s (LON:RHIM) CEO This Year

Slowing Rates Of Return At RHI Magnesita (LON:RHIM) Leave Little Room For Excitement

May 07
Slowing Rates Of Return At RHI Magnesita (LON:RHIM) Leave Little Room For Excitement

Is Now The Time To Look At Buying RHI Magnesita N.V. (LON:RHIM)?

Apr 09
Is Now The Time To Look At Buying RHI Magnesita N.V. (LON:RHIM)?

Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

Mar 10
Here's Why RHI Magnesita (LON:RHIM) Has A Meaningful Debt Burden

Update: RHI Magnesita (LON:RHIM) Stock Gained 29% In The Last Year

Feb 17
Update: RHI Magnesita (LON:RHIM) Stock Gained 29% In The Last Year

Should You Use RHI Magnesita's (LON:RHIM) Statutory Earnings To Analyse It?

Feb 02
Should You Use RHI Magnesita's (LON:RHIM) Statutory Earnings To Analyse It?

How Much Are RHI Magnesita N.V. (LON:RHIM) Insiders Spending On Buying Shares?

Jan 18
How Much Are RHI Magnesita N.V. (LON:RHIM) Insiders Spending On Buying Shares?

Do Institutions Own RHI Magnesita N.V. (LON:RHIM) Shares?

Jan 04
Do Institutions Own RHI Magnesita N.V. (LON:RHIM) Shares?

How Is RHI Magnesita's (LON:RHIM) CEO Paid Relative To Peers?

Dec 22
How Is RHI Magnesita's (LON:RHIM) CEO Paid Relative To Peers?

Is RHI Magnesita (LON:RHIM) A Future Multi-bagger?

Dec 11
Is RHI Magnesita (LON:RHIM) A Future Multi-bagger?

What Does RHI Magnesita N.V.'s (LON:RHIM) Share Price Indicate?

Dec 01
What Does RHI Magnesita N.V.'s (LON:RHIM) Share Price Indicate?

RHI Magnesita N.V. (LON:RHIM) Shares Could Be 36% Below Their Intrinsic Value Estimate

Nov 19
RHI Magnesita N.V. (LON:RHIM) Shares Could Be 36% Below Their Intrinsic Value Estimate

Shareholder Returns

RHIMGB Basic MaterialsGB Market
7D7.2%3.6%0.03%
1Y-19.0%-4.7%-4.8%

Return vs Industry: RHIM underperformed the UK Basic Materials industry which returned -4.7% over the past year.

Return vs Market: RHIM underperformed the UK Market which returned -4.8% over the past year.

Price Volatility

Is RHIM's price volatile compared to industry and market?
RHIM volatility
RHIM Average Weekly Movement4.7%
Basic Materials Industry Average Movement4.6%
Market Average Movement5.1%
10% most volatile stocks in GB Market11.0%
10% least volatile stocks in GB Market2.7%

Stable Share Price: RHIM is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: RHIM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
183413,500Stefan Borgashttps://www.rhimagnesita.com

RHI Magnesita N.V., together with its subsidiaries, develops, produces, sells, installs, and maintains refractory products and systems used in industrial high-temperature processes worldwide. 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. The company also provides induction and electric arc furnaces, AOD converters, dome and delta, ladles, isostatically pressed products, and slide gates.

RHI Magnesita N.V. Fundamentals Summary

How do RHI Magnesita's earnings and revenue compare to its market cap?
RHIM fundamental statistics
Market CapUK£1.27b
Earnings (TTM)UK£213.10m
Revenue (TTM)UK£2.58b

6.0x

P/E Ratio

0.5x

P/S Ratio

Is RHIM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
RHIM income statement (TTM)
Revenue€2.95b
Cost of Revenue€2.26b
Gross Profit€685.30m
Other Expenses€442.30m
Earnings€243.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Feb 27, 2023

Earnings per share (EPS)5.17
Gross Margin23.27%
Net Profit Margin8.25%
Debt/Equity Ratio154.6%

How did RHIM perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

29%

Payout Ratio