Executive Summary
Relatech S.p.A. provides various digital solutions.
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Relatech's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RLT's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
34.8%
RLT
8.6%
IT Software
6.8%
IT Market
1 Year Return
n/a
RLT
1.4%
IT Software
-24.5%
IT Market
Return vs Industry: Insufficient data to determine how RLT performed against the Italian Software industry.
Return vs Market: Insufficient data to determine how RLT performed against the Italian Market.
Shareholder returns
| RLT | Industry | Market | |
|---|---|---|---|
| 7 Day | 34.8% | 8.6% | 6.8% |
| 30 Day | 47.6% | -8.4% | -22.4% |
| 90 Day | 116.1% | -15.9% | -27.8% |
| 1 Year | n/a | 2.5%1.4% | -21.2%-24.5% |
| 3 Year | n/a | -16.7%-20.1% | -12.2%-20.9% |
| 5 Year | n/a | 37.1%25.9% | -23.0%-49.3% |
Price Volatility Vs. Market
How volatile is Relatech's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Estimating The Fair Value Of Relatech S.p.A. (BIT:RLT)1 month ago | Simply Wall St
Should We Be Delighted With Relatech S.p.A.'s (BIT:RLT) ROE Of 18%?2 months ago | Simply Wall St
What Kind Of Shareholders Own Relatech S.p.A. (BIT:RLT)?Valuation
Is Relatech undervalued compared to its fair value and its price relative to the market?
36.75x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RLT (€4.96) is trading above our estimate of fair value (€2.87)
Significantly Below Fair Value: RLT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RLT is good value based on its PE Ratio (36.8x) compared to the Software industry average (36.8x).
PE vs Market: RLT is poor value based on its PE Ratio (36.8x) compared to the Italian market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: RLT is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: RLT is overvalued based on its PB Ratio (6.5x) compared to the IT Software industry average (3.2x).
Next Steps
Future Growth
How is Relatech forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
24.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RLT's forecast earnings growth (24.5% per year) is above the savings rate (1.2%).
Earnings vs Market: RLT's earnings (24.5% per year) are forecast to grow faster than the Italian market (11.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RLT's revenue (16.2% per year) is forecast to grow faster than the Italian market (0.1% per year).
High Growth Revenue: RLT's revenue (16.2% 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 RLT's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Relatech performed over the past 5 years?
7.3%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: RLT has a high level of non-cash earnings.
Growing Profit Margin: RLT's current net profit margins (8.1%) are lower than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if RLT's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare RLT's past year earnings growth to its 5-year average.
Earnings vs Industry: RLT earnings growth over the past year (7.3%) exceeded the Software industry -25.5%.
Return on Equity
High ROE: RLT's Return on Equity (18.4%) is considered low.
Next Steps
Financial Health
How is Relatech's financial position?
Financial Position Analysis
Short Term Liabilities: RLT's short term assets (€11.4M) exceed its short term liabilities (€5.7M).
Long Term Liabilities: RLT's short term assets (€11.4M) exceed its long term liabilities (€2.4M).
Debt to Equity History and Analysis
Debt Level: RLT's debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RLT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RLT's debt is well covered by operating cash flow (63.8%).
Interest Coverage: RLT's interest payments on its debt are well covered by EBIT (78.5x coverage).
Balance Sheet
Inventory Level: RLT has a low level of unsold assets or inventory.
Debt Coverage by Assets: RLT's debt is covered by short term assets (assets are 4.1x debt).
Next Steps
Dividend
What is Relatech's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate RLT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RLT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RLT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RLT's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Pasquale Lambardi
no data
Tenure
Ing. Pasquale Lambardi is Founder, President, Chairman and Chief Executive Officer of Relatech Srl.
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: RLT only recently listed within the past 12 months, with total shares outstanding growing by 13235.6% in the past year..
Top Shareholders
Company Information
Relatech S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Relatech S.p.A.
- Ticker: RLT
- Exchange: BIT
- Founded:
- Industry: Application Software
- Sector: Software
- Market Cap: €45.834m
- Shares outstanding: 9.33m
- Website: https://www.relatech.com
Location
- Relatech S.p.A.
- Viale Ercole Marelli, 165
- Sesto San Giovanni
- Milano
- Milan
- 20099
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RLT | BIT (Borsa Italiana) | Yes | Share Capital | IT | EUR | Jun 2019 |
Biography
Relatech S.p.A. provides various digital solutions. It offers solutions, comprising projects and services in digital customer experience, big data, artificial intelligence, blockchain and IoT field through its digital platform RePlatform. The company operates RePlatform, a cloud based customizable platform for the digital transformation process of business. It serves pharma and healthcare, retail and fashion, food and agrifood, telco, energy and utilities, banking and insurance, and industrial and logistics industries. The company is headquartered in Milano, Italy.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 00:50 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.