| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
RS2 Stock Overview
RS2 Software p.l.c., together with its subsidiaries, engages in the development, installation, implementation, marketing, and licensing of computer software for financial institutions under the BankWORKS name.
RS2 Software Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €1.66 |
| 52 Week High | €2.12 |
| 52 Week Low | €1.57 |
| Beta | 0.47 |
| 1 Month Change | -1.19% |
| 3 Month Change | -4.05% |
| 1 Year Change | -7.78% |
| 3 Year Change | 20.29% |
| 5 Year Change | 22.46% |
| Change since IPO | 948.15% |
Recent News & Updates
RS2 Software's (MTSE:RS2) Promising Earnings May Rest On Soft Foundations
RS2 Software p.l.c.'s ( MTSE:RS2 ) robust earnings report didn't manage to move the market for its stock. Our analysis...
Shareholder Returns
| RS2 | MT Software | MT Market | |
|---|---|---|---|
| 7D | 0.6% | 2.2% | 0.6% |
| 1Y | -7.8% | -15.9% | -5.7% |
Return vs Industry: RS2 exceeded the MT Software industry which returned -15.9% over the past year.
Return vs Market: RS2 underperformed the MT Market which returned -5.4% over the past year.
Price Volatility
| RS2 volatility | |
|---|---|
| RS2 Average Weekly Movement | n/a |
| Software Industry Average Movement | 7.5% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in MT Market | 12.0% |
| 10% least volatile stocks in MT Market | 3.6% |
Stable Share Price: Insufficient data to determine RS2's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine RS2's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | 480 | Radi El Haj | https://www.rs2.com |
RS2 Software p.l.c., together with its subsidiaries, engages in the development, installation, implementation, marketing, and licensing of computer software for financial institutions under the BankWORKS name. The company operates through Software (License) Solutions, Processing Solutions, and Merchant Solutions segments. Its BankWORKS platform offers end-to-end payment solutions, such as payment gateway, switching of payment transactions originated from POS, ATM, e-Commerce, InAPP, clearing and settlement, chargeback management integrated in the merchant portal, fraud, and risk monitoring, reporting and statement, and a sub-GL accounting and automated reconciliation that integrates with the client’s general ledger.
RS2 Software Fundamentals Summary
| RS2 fundamental statistics | |
|---|---|
| Market Cap | €320.33m |
| Earnings (TTM) | €3.01m |
| Revenue (TTM) | €38.68m |
106.4x
P/E Ratio8.3x
P/S RatioIs RS2 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RS2 income statement (TTM) | |
|---|---|
| Revenue | €38.68m |
| Cost of Revenue | €21.73m |
| Gross Profit | €16.95m |
| Other Expenses | €13.93m |
| Earnings | €3.01m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.016 |
| Gross Margin | 43.81% |
| Net Profit Margin | 7.79% |
| Debt/Equity Ratio | 6.4% |
How did RS2 perform over the long term?
See historical performance and comparisonValuation
Is RS2 Software undervalued compared to its fair value and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
106.41x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RS2's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate RS2's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: RS2 is poor value based on its PE Ratio (106.4x) compared to the European Software industry average (33.9x).
PE vs Market: RS2 is poor value based on its PE Ratio (106.4x) compared to the MT market (24.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RS2's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RS2 is overvalued based on its PB Ratio (10.8x) compared to the XE Software industry average (3.2x).
Future Growth
How is RS2 Software forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
23.5%
Forecasted Software 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 RS2 Software 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.
Past Performance
How has RS2 Software performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-30.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RS2 has a high level of non-cash earnings.
Growing Profit Margin: RS2 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RS2's earnings have declined by 30.5% per year over the past 5 years.
Accelerating Growth: RS2 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RS2 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (21.8%).
Return on Equity
High ROE: RS2's Return on Equity (13.2%) is considered low.
Financial Health
How is RS2 Software's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: RS2's short term assets (€20.4M) exceed its short term liabilities (€12.9M).
Long Term Liabilities: RS2's short term assets (€20.4M) exceed its long term liabilities (€9.2M).
Debt to Equity History and Analysis
Debt Level: RS2 has more cash than its total debt.
Reducing Debt: RS2's debt to equity ratio has reduced from 13.4% to 6.4% over the past 5 years.
Debt Coverage: RS2's debt is well covered by operating cash flow (59.1%).
Interest Coverage: RS2's interest payments on its debt are well covered by EBIT (49.1x coverage).
Balance Sheet
Dividend
What is RS2 Software current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RS2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RS2'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 RS2's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RS2's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: RS2 is not paying a notable dividend for the MT market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RS2 has not reported any payouts.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Radi El Haj
10.33yrs
Tenure
Mr. Radi Abd El Haj has been the Chief Executive Officer since January 2012 and Executive Director since 12 June 2012 at RS2 Software PLC. Mr. El Haj served as a Director of RS2 Software PLC until January...
Leadership Team
Experienced Management: RS2's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: RS2's board of directors are considered experienced (9.9 years average tenure).
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
RS2 Software p.l.c.'s employee growth, exchange listings and data sources
Key Information
- Name: RS2 Software p.l.c.
- Ticker: RS2
- Exchange: MTSE
- Founded: 1988
- Industry: Application Software
- Sector: Software
- Implied Market Cap: €320.328m
- Shares outstanding: 192.97m
- Website: https://www.rs2.com
Number of Employees
Location
- RS2 Software p.l.c.
- RS2 Buildings
- Triq Il-Fortizza
- Mosta
- 1859
- Malta
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/17 00:00 |
| End of Day Share Price | 2022/05/13 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.