River Tech p.l.c., a technology company, provides software solution services. More Details
Acceptable track record and slightly overvalued.
Share Price & News
How has River Tech's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RIVER is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: RIVER's weekly volatility has decreased from 19% to 11% over the past year, but is still higher than 75% of Norwegian stocks.
7 Day Return
1 Year Return
Return vs Industry: RIVER exceeded the Norwegian Software industry which returned 33.6% over the past year.
Return vs Market: RIVER exceeded the Norwegian Market which returned 31.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is River Tech's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is River Tech undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RIVER (NOK61) is trading above our estimate of fair value (NOK2.84)
Significantly Below Fair Value: RIVER is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RIVER is good value based on its PE Ratio (8.8x) compared to the European Software industry average (44.8x).
PE vs Market: RIVER is good value based on its PE Ratio (8.8x) compared to the Norwegian market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RIVER's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RIVER has negative assets, so we can't compare its PB Ratio to the NO Software industry average.
How is River Tech forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 River Tech 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.
How has River Tech performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: RIVER has a high level of non-cash earnings.
Growing Profit Margin: RIVER's current net profit margins are higher than last year (17.4%).
Past Earnings Growth Analysis
Earnings Trend: RIVER has become profitable over the past 5 years.
Accelerating Growth: Insufficient data to compare RIVER's past year earnings growth to its 5-year average.
Earnings vs Industry: RIVER earnings growth over the past year (807.5%) exceeded the Software industry 18.6%.
Return on Equity
High ROE: RIVER's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is River Tech's financial position?
Financial Position Analysis
Short Term Liabilities: RIVER has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: RIVER has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: RIVER has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: RIVER's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: RIVER's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: RIVER's interest payments on its debt are not well covered by EBIT (1.4x coverage).
What is River Tech current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RIVER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RIVER'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 RIVER's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RIVER'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 RIVER's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Eynon (37 yo)
Mr. David Eynon has been Chief Executive Officer of River Tech p.l.c. (formerly known as River iGaming p.l.c.) since December 23, 2019. Mr. Eynon joined River iGaming in January 2019 as Commercial Director...
Experienced Management: RIVER's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
River Tech p.l.c.'s company bio, employee growth, exchange listings and data sources
- Name: River Tech p.l.c.
- Ticker: RIVER
- Exchange: OB
- Founded: 2017
- Industry: Application Software
- Sector: Software
- Market Cap: kr1.160b
- Shares outstanding: 19.02m
- Website: https://www.river.tech
Number of Employees
- River Tech p.l.c.
- Aragon House Business Cente
- Dragonara Road
- St. Julian's
- STJ 3140
River Tech p.l.c., a technology company, provides software solution services. It offers B2B technology products, as well as secure and tailormade solutions for the delivery of services within the online sp...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 16:21|
|End of Day Share Price||2021/07/30 00:00|
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.