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RKB1

AS Rigas kugu buvetava RISE:RKB1R Stock Report

Last Price

€0.051

Market Cap

€595.3k

7D

2.0%

1Y

-40.4%

Updated

06 Aug, 2022

Data

Company Financials
RKB1R fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

RKB1R Stock Overview

AS Rigas kugu buvetava provides ship repair, ship building, and other services in the Baltic region.

AS Rigas kugu buvetava Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AS Rigas kugu buvetava
Historical stock prices
Current Share Price€0.051
52 Week High€0.099
52 Week Low€0.041
Beta0.38
1 Month Change-1.54%
3 Month Change-7.94%
1 Year Change-40.35%
3 Year Change-67.93%
5 Year Change-84.45%
Change since IPO-97.58%

Recent News & Updates

Shareholder Returns

RKB1RLV MachineryLV Market
7D2.0%-1.7%-0.7%
1Y-40.4%-25.5%-18.5%

Return vs Industry: RKB1R underperformed the LV Machinery industry which returned -25.5% over the past year.

Return vs Market: RKB1R underperformed the LV Market which returned -18.4% over the past year.

Price Volatility

Is RKB1R's price volatile compared to industry and market?
RKB1R volatility
RKB1R Average Weekly Movement8.7%
Machinery Industry Average Movement5.7%
Market Average Movement2.4%
10% most volatile stocks in LV Market3.8%
10% least volatile stocks in LV Market1.7%

Stable Share Price: RKB1R is more volatile than 90% of LV stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: RKB1R's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of LV stocks.

About the Company

FoundedEmployeesCEOWebsite
191344n/ahttps://www.riga-shipyard.com

AS Rigas kugu buvetava provides ship repair, ship building, and other services in the Baltic region. It is also involved in the conversion works for various types of vessels, including lengthening, modernization, refurbishment, etc.; and metal construction works. The company was founded in 1913 and is based in Riga, Latvia.

AS Rigas kugu buvetava Fundamentals Summary

How do AS Rigas kugu buvetava's earnings and revenue compare to its market cap?
RKB1R fundamental statistics
Market Cap€595.28k
Earnings (TTM)-€350.70k
Revenue (TTM)€1.81m

0.3x

P/S Ratio

-1.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RKB1R income statement (TTM)
Revenue€1.81m
Cost of Revenue€1.79m
Gross Profit€22.44k
Other Expenses€373.14k
Earnings-€350.70k

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 29, 2022

Earnings per share (EPS)-0.03
Gross Margin1.24%
Net Profit Margin-19.35%
Debt/Equity Ratio312.6%

How did RKB1R perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is RKB1R undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RKB1R?

Other financial metrics that can be useful for relative valuation.

RKB1R key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA-6.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does RKB1R's PS Ratio compare to its peers?

RKB1R PS Ratio vs Peers
The above table shows the PS ratio for RKB1R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.4x
DPK1R AS Ditton pievadkezu rupnica
0.2xn/a€1.1m
509563 Garware Marine Industries
3.4xn/a₹54.5m
SAFE Safe at Sea
1.8xn/akr17.1m
522001 Cranex
0.3xn/a₹123.3m
RKB1R AS Rigas kugu buvetava
0.3xn/a€595.3k

Price-To-Sales vs Peers: RKB1R is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (1.4x).


Price to Earnings Ratio vs Industry

How does RKB1R's PE Ratio compare vs other companies in the European Machinery Industry?

Price-To-Sales vs Industry: RKB1R is good value based on its Price-To-Sales Ratio (0.3x) compared to the European Machinery industry average (0.9x)


Price to Sales Ratio vs Fair Ratio

What is RKB1R's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RKB1R PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate RKB1R's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of RKB1R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RKB1R (€0.05) is trading below our estimate of fair value (€13.62)

Significantly Below Fair Value: RKB1R is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is AS Rigas kugu buvetava forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.4%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AS Rigas kugu buvetava has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether AS Rigas kugu buvetava is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has AS Rigas kugu buvetava performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-29.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RKB1R is currently unprofitable.

Growing Profit Margin: RKB1R is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RKB1R is unprofitable, and losses have increased over the past 5 years at a rate of 29% per year.

Accelerating Growth: Unable to compare RKB1R's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RKB1R is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (33.4%).


Return on Equity

High ROE: RKB1R has a negative Return on Equity (-34.81%), as it is currently unprofitable.


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Financial Health

How is AS Rigas kugu buvetava's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: RKB1R's short term assets (€3.5M) do not cover its short term liabilities (€5.3M).

Long Term Liabilities: RKB1R's short term assets (€3.5M) do not cover its long term liabilities (€4.5M).


Debt to Equity History and Analysis

Debt Level: RKB1R's net debt to equity ratio (122.4%) is considered high.

Reducing Debt: RKB1R's debt to equity ratio has increased from 11.8% to 312.6% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable RKB1R has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: RKB1R is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.4% per year.


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Dividend

What is AS Rigas kugu buvetava current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate RKB1R's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RKB1R's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RKB1R's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RKB1R's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: RKB1R is not paying a notable dividend for the LV market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as RKB1R has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average board tenure


CEO

AS Rigas kugu buvetava has no CEO, or we have no data on them.


Board Members

Experienced Board: RKB1R's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AS Rigas kugu buvetava's employee growth, exchange listings and data sources


Key Information

  • Name: AS Rigas kugu buvetava
  • Ticker: RKB1R
  • Exchange: RISE
  • Founded: 1913
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Implied Market Cap: €595.277k
  • Shares outstanding: 11.67m
  • Website: https://www.riga-shipyard.com

Number of Employees


Location

  • AS Rigas kugu buvetava
  • 2, Gales Street
  • Riga
  • 1015
  • Latvia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/06 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.