GC Rieber Shipping ASA engages in the design, development, construction, and maritime operation of specialized vessels within the offshore/shipping business in Norway, Great Britain, Africa, and the Netherlands. More Details
Adequate balance sheet and fair value.
Share Price & News
How has GC Rieber Shipping's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RISH is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: RISH's weekly volatility (9%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: RISH underperformed the Norwegian Shipping industry which returned -4.7% over the past year.
Return vs Market: RISH underperformed the Norwegian Market which returned -0.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is GC Rieber Shipping's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs GC Rieber Shipping (OB:RISH) Using Too Much Debt?
3 months ago | Simply Wall StWhat Type Of Returns Would GC Rieber Shipping's(OB:RISH) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
5 months ago | Simply Wall StIs GC Rieber Shipping (OB:RISH) Using Debt In A Risky Way?
Is GC Rieber Shipping undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RISH (NOK6.85) is trading below our estimate of fair value (NOK11.9)
Significantly Below Fair Value: RISH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RISH is unprofitable, so we can't compare its PE Ratio to the NO Shipping industry average.
PE vs Market: RISH is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RISH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RISH is good value based on its PB Ratio (0.4x) compared to the NO Shipping industry average (0.8x).
How is GC Rieber Shipping forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation 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 GC Rieber Shipping 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.
- Examine whether GC Rieber Shipping 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.
- GC Rieber Shipping competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Transportation industry.
How has GC Rieber Shipping performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RISH is currently unprofitable.
Growing Profit Margin: RISH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RISH is unprofitable, but has reduced losses over the past 5 years at a rate of 16.6% per year.
Accelerating Growth: Unable to compare RISH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RISH is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (-34.3%).
Return on Equity
High ROE: RISH has a negative Return on Equity (-30.33%), as it is currently unprofitable.
How is GC Rieber Shipping's financial position?
Financial Position Analysis
Short Term Liabilities: RISH's short term assets (NOK324.9M) exceed its short term liabilities (NOK59.3M).
Long Term Liabilities: RISH's short term assets (NOK324.9M) do not cover its long term liabilities (NOK891.7M).
Debt to Equity History and Analysis
Debt Level: RISH's debt to equity ratio (61.4%) is considered high.
Reducing Debt: RISH's debt to equity ratio has reduced from 98.6% to 61.4% over the past 5 years.
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 RISH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RISH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.1% per year.
What is GC Rieber Shipping current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RISH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RISH'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 RISH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RISH's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RISH is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RISH'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
Einar Ytredal (43 yo)
Mr. Einar Ytredal has been Chief Executive Officer of GC Rieber Shipping ASA since November 12, 2018. Mr. Ytredal has served as the Chief Financial Officer of GC Rieber Shipping ASA since September 2011 un...
CEO Compensation Analysis
Compensation vs Market: Einar's total compensation ($USD308.51K) is about average for companies of similar size in the Norwegian market ($USD375.58K).
Compensation vs Earnings: Einar's compensation has increased whilst the company is unprofitable.
|Chief Executive Officer||2.17yrs||kr2.74m||0.031% |
|Chief Financial Officer||2yrs||kr1.53m||0.017% |
|Chief Operating Officer||no data||kr1.74m||0.0023% |
|Technical Director||18.83yrs||kr1.24m||0.013% |
|Chief Commercial Officer||2yrs||kr1.66m||0.0062% |
|Head of QHSE||no data||kr1.19m||0.0023% |
|Head of Crewing||no data||kr879.00k||no data|
|Group Financial Controller||no data||no data||no data|
Experienced Management: RISH's management team is considered experienced (2.1 years average tenure).
|Chairman||no data||kr300.00k||0.80% |
|Independent Director||4.58yrs||kr200.00k||0.12% |
|Independent Director||3.58yrs||kr150.00k||0.012% |
|Independent Vice Chairman||2.58yrs||kr200.00k||no data|
Experienced Board: RISH's board of directors are considered experienced (3.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
GC Rieber Shipping ASA's company bio, employee growth, exchange listings and data sources
- Name: GC Rieber Shipping ASA
- Ticker: RISH
- Exchange: OB
- Founded: 1879
- Industry: Marine
- Sector: Transportation
- Market Cap: kr589.323m
- Shares outstanding: 86.03m
- Website: https://www.gcrieber-shipping.com
Number of Employees
- GC Rieber Shipping ASA
- Solheimsgaten 15
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RISH||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||May 1998|
|0FTH||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||May 1998|
|RISHO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||May 1998|
GC Rieber Shipping ASA engages in the design, development, construction, and maritime operation of specialized vessels within the offshore/shipping business in Norway, Great Britain, Africa, and the Nether...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/01 17:20|
|End of Day Share Price||2020/11/30 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.