Rai Way Past Earnings Performance
Past criteria checks 3/6
Rai Way has been growing earnings at an average annual rate of 7.7%, while the Telecom industry saw earnings growing at 8.5% annually. Revenues have been growing at an average rate of 5.2% per year. Rai Way's return on equity is 41%, and it has net margins of 30.6%.
Key information
7.73%
Earnings growth rate
7.65%
EPS growth rate
| Telecom Industry Growth | 20.34% |
| Revenue growth rate | 5.21% |
| Return on equity | 40.99% |
| Net Margin | 30.61% |
| Next Earnings Update | 30 Jul 2026 |
Recent past performance updates
Recent updates
Analysis Article • May 16
Rai Way S.p.A. Beat Revenue Forecasts By 8.5%: Here's What Analysts Are Forecasting Next
Rai Way S.p.A. ( BIT:RWAY ) shareholders are probably feeling a little disappointed, since its shares fell 3.1% to...Analysis Article • Mar 26
Earnings Update: Rai Way S.p.A. (BIT:RWAY) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Rai Way S.p.A. ( BIT:RWAY ) shareholders are probably feeling a little disappointed, since its shares fell 2.3% to...Analysis Article • Feb 03
Here's Why Rai Way (BIT:RWAY) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Sep 27
Rai Way (BIT:RWAY) Is Aiming To Keep Up Its Impressive Returns
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Analysis Article • Jul 12
Rai Way (BIT:RWAY) Has A Pretty Healthy Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Analysis Article • Apr 13
Rai Way S.p.A.'s (BIT:RWAY) Business Is Trailing The Market But Its Shares Aren't
Rai Way S.p.A.'s ( BIT:RWAY ) price-to-earnings (or "P/E") ratio of 16.2x might make it look like a sell right now...Analysis Article • Mar 23
Rai Way (BIT:RWAY) Is Paying Out A Larger Dividend Than Last Year
The board of Rai Way S.p.A. ( BIT:RWAY ) has announced that it will be paying its dividend of €0.334 on the 21st of...
New Narrative • Mar 16
Data Center Diversification And 5G Services Will Unlock Future Potential
Rai Way's focus on data centers and digital infrastructure aims to diversify revenue and bolster growth through new service offerings for SMEs.Analysis Article • Mar 13
Does Rai Way (BIT:RWAY) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jan 29
Is Rai Way S.p.A. (BIT:RWAY) Trading At A 28% Discount?
Key Insights The projected fair value for Rai Way is €8.01 based on 2 Stage Free Cash Flow to Equity Current share...Analysis Article • Nov 17
Analysts Have Made A Financial Statement On Rai Way S.p.A.'s (BIT:RWAY) Third-Quarter Report
Last week saw the newest quarterly earnings release from Rai Way S.p.A. ( BIT:RWAY ), an important milestone in the...Analysis Article • Nov 07
Shareholders Are Optimistic That Rai Way (BIT:RWAY) Will Multiply In Value
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Analysis Article • Oct 18
These 4 Measures Indicate That Rai Way (BIT:RWAY) Is Using Debt Reasonably Well
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Jul 13
A Look Into Rai Way's (BIT:RWAY) Impressive Returns On Capital
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • May 22
Rai Way (BIT:RWAY) Has A Pretty Healthy Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Analysis Article • Apr 16
Is Rai Way S.p.A. (BIT:RWAY) Trading At A 26% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Rai Way fair value estimate is €7.13 Rai Way's €5.25 share...Analysis Article • Mar 29
Rai Way S.p.A. (BIT:RWAY) Yearly Results: Here's What Analysts Are Forecasting For This Year
Investors in Rai Way S.p.A. ( BIT:RWAY ) had a good week, as its shares rose 8.6% to close at €5.19 following the...Analysis Article • Feb 01
Rai Way S.p.A.'s (BIT:RWAY) Shareholders Might Be Looking For Exit
It's not a stretch to say that Rai Way S.p.A.'s ( BIT:RWAY ) price-to-earnings (or "P/E") ratio of 15.6x right now...Analysis Article • Dec 11
Calculating The Intrinsic Value Of Rai Way S.p.A. (BIT:RWAY)
Key Insights Rai Way's estimated fair value is €5.99 based on 2 Stage Free Cash Flow to Equity With €5.09 share price...Analysis Article • Oct 27
Is Rai Way (BIT:RWAY) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Jul 08
Calculating The Intrinsic Value Of Rai Way S.p.A. (BIT:RWAY)
Key Insights Rai Way's estimated fair value is €5.54 based on 2 Stage Free Cash Flow to Equity Rai Way's €5.32 share...Analysis Article • Jun 20
Is Rai Way (BIT:RWAY) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Mar 29
Calculating The Fair Value Of Rai Way S.p.A. (BIT:RWAY)
Key Insights The projected fair value for Rai Way is €6.09 based on 2 Stage Free Cash Flow to Equity Rai Way's €5.56...Analysis Article • Dec 15
Rai Way (BIT:RWAY) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Nov 24
A Look At The Intrinsic Value Of Rai Way S.p.A. (BIT:RWAY)
How far off is Rai Way S.p.A. ( BIT:RWAY ) from its intrinsic value? Using the most recent financial data, we'll take a...Analysis Article • Nov 01
Rai Way (BIT:RWAY) Is Aiming To Keep Up Its Impressive Returns
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Analysis Article • Aug 10
Is Rai Way (BIT:RWAY) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Mar 31
Rai Way (BIT:RWAY) Seems To Use Debt Quite Sensibly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Mar 08
Calculating The Intrinsic Value Of Rai Way S.p.A. (BIT:RWAY)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Rai Way S.p.A...Analysis Article • Nov 28
Does Rai Way (BIT:RWAY) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Oct 20
The Trend Of High Returns At Rai Way (BIT:RWAY) Has Us Very Interested
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Analysis Article • Sep 04
A Look At The Fair Value Of Rai Way S.p.A. (BIT:RWAY)
Today we will run through one way of estimating the intrinsic value of Rai Way S.p.A. ( BIT:RWAY ) by projecting its...Analysis Article • Jun 07
We Think Rai Way (BIT:RWAY) Can Stay On Top Of Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Apr 20
Does This Valuation Of Rai Way S.p.A. (BIT:RWAY) Imply Investors Are Overpaying?
In this article we are going to estimate the intrinsic value of Rai Way S.p.A. ( BIT:RWAY ) by estimating the company's...Analysis Article • Mar 16
Under The Bonnet, Rai Way's (BIT:RWAY) Returns Look Impressive
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Feb 26
Rai Way (BIT:RWAY) Could Easily Take On More Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Feb 10
Consider This Before Buying Rai Way S.p.A. (BIT:RWAY) For The 4.4% Dividend
Could Rai Way S.p.A. ( BIT:RWAY ) be an attractive dividend share to own for the long haul? Investors are often drawn...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Rai Way makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 286 | 88 | 8 | 0 |
| 31 Dec 25 | 284 | 89 | 8 | 0 |
| 30 Sep 25 | 281 | 90 | 8 | 0 |
| 30 Jun 25 | 279 | 90 | 8 | 0 |
| 31 Mar 25 | 277 | 89 | 8 | 0 |
| 31 Dec 24 | 276 | 90 | 8 | 0 |
| 30 Sep 24 | 274 | 87 | 9 | 0 |
| 30 Jun 24 | 274 | 89 | 9 | 0 |
| 31 Mar 24 | 273 | 87 | 9 | 0 |
| 31 Dec 23 | 272 | 87 | 9 | 0 |
| 30 Sep 23 | 265 | 87 | 8 | 0 |
| 30 Jun 23 | 260 | 82 | 8 | 0 |
| 31 Mar 23 | 253 | 78 | 8 | 0 |
| 31 Dec 22 | 245 | 74 | 8 | 0 |
| 30 Sep 22 | 243 | 69 | 8 | 0 |
| 30 Jun 22 | 238 | 69 | 8 | 0 |
| 31 Mar 22 | 234 | 67 | 8 | 0 |
| 31 Dec 21 | 230 | 65 | 8 | 0 |
| 30 Sep 21 | 229 | 66 | 8 | 0 |
| 30 Jun 21 | 227 | 64 | 8 | 0 |
| 31 Mar 21 | 225 | 65 | 8 | 0 |
| 31 Dec 20 | 224 | 64 | 8 | 0 |
| 30 Sep 20 | 224 | 65 | 9 | 0 |
| 30 Jun 20 | 222 | 64 | 9 | 0 |
| 31 Mar 20 | 222 | 64 | 9 | 0 |
| 31 Dec 19 | 221 | 63 | 9 | 0 |
| 30 Sep 19 | 220 | 62 | 15 | 0 |
| 30 Jun 19 | 219 | 61 | 15 | 0 |
| 31 Mar 19 | 219 | 61 | 15 | 0 |
| 31 Dec 18 | 218 | 60 | 15 | 0 |
| 30 Sep 18 | 217 | 59 | 15 | 0 |
| 30 Jun 18 | 217 | 60 | 15 | 0 |
| 31 Mar 18 | 216 | 57 | 15 | 0 |
| 31 Dec 17 | 216 | 56 | 15 | 0 |
| 30 Sep 17 | 216 | 53 | 16 | 0 |
| 30 Jun 17 | 217 | 50 | 16 | 0 |
| 31 Mar 17 | 216 | 45 | 16 | 0 |
| 31 Dec 16 | 215 | 42 | 16 | 0 |
| 30 Sep 16 | 215 | 41 | 15 | 0 |
| 30 Jun 16 | 214 | 39 | 15 | 0 |
| 31 Mar 16 | 213 | 40 | 15 | 0 |
| 31 Dec 15 | 212 | 39 | 15 | 0 |
| 30 Sep 15 | 208 | 37 | 15 | 0 |
| 30 Jun 15 | 208 | 35 | 15 | 0 |
Quality Earnings: RWAY has high quality earnings.
Growing Profit Margin: RWAY's current net profit margins (30.6%) are lower than last year (32%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RWAY's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: RWAY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RWAY had negative earnings growth (-1.1%) over the past year, making it difficult to compare to the Telecom industry average (-18.2%).
Return on Equity
High ROE: RWAY's Return on Equity (41%) is considered outstanding.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/31 05:00 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Rai Way S.p.A. is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrea Belloli | Banca Akros S.p.A. (ESN) |
| Andrea Todeschini | Banca Akros S.p.A. (ESN) |
| Andrea Todeschini | Banca Akros S.p.A. (ESN) |