ENXTLS:RAM

Stock Analysis Report

Ramada Investimentos e Industria

Executive Summary

Ramada Investimentos e Industria, S.A. primarily engages in the manufacture and commercialization of steel products in Portugal and internationally.

Snowflake

Fundamentals

Adequate balance sheet with limited growth.

Risks

  • Ramada Investimentos e Industria has significant price volatility in the past 3 months.
  • Ramada Investimentos e Industria is covered by less than 3 analysts.

Share Price & News

How has Ramada Investimentos e Industria's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.8%

RAM

-2.6%

PT Metals and Mining

0.6%

PT Market


1 Year Return

-38.7%

RAM

-8.1%

PT Metals and Mining

-1.7%

PT Market

RAM underperformed the Metals and Mining industry which returned -8.1% over the past year.

RAM underperformed the Market in Portugal which returned -1.7% over the past year.


Share holder returns

RAMIndustryMarket
7 Day-4.8%-2.6%0.6%
30 Day-6.0%7.8%4.4%
90 Day-21.7%-5.5%1.6%
1 Year-23.3%-38.7%-1.6%-8.1%2.4%-1.7%
3 Year79.6%13.8%40.4%22.2%28.0%-8.5%
5 Year289.9%126.0%33.5%10.3%1.3%-62.6%

Price Volatility Vs. Market

How volatile is Ramada Investimentos e Industria's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ramada Investimentos e Industria undervalued based on future cash flows and its price relative to the stock market?

17.36x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Ramada Investimentos e Industria's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Ramada Investimentos e Industria's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Ramada Investimentos e Industria is overvalued based on earnings compared to the Europe Metals and Mining industry average.

Ramada Investimentos e Industria is overvalued based on earnings compared to the Portugal market.


Price Based on Expected Growth

Ramada Investimentos e Industria is poor value based on expected growth next year.


Price Based on Value of Assets

Ramada Investimentos e Industria is overvalued based on assets compared to the Europe Metals and Mining industry average.


Next Steps

Future Growth

How is Ramada Investimentos e Industria expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

3.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Ramada Investimentos e Industria's revenue is expected to grow by 3.7% yearly, however this is not considered high growth (20% yearly).

Ramada Investimentos e Industria's earnings are expected to grow by 3.4% yearly, however this is not considered high growth (20% yearly).

Ramada Investimentos e Industria's revenue growth is expected to exceed the Portugal market average.

Ramada Investimentos e Industria's earnings growth is positive but not above the Portugal market average.

Ramada Investimentos e Industria's earnings growth is expected to exceed the low risk savings rate of 1.8%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Ramada Investimentos e Industria will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Ramada Investimentos e Industria performed over the past 5 years?

24.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Ramada Investimentos e Industria has delivered over 20% year on year earnings growth in the past 5 years.

Ramada Investimentos e Industria's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Ramada Investimentos e Industria's 1-year earnings growth is negative, it can't be compared to the Europe Metals and Mining industry average.


Return on Equity

Ramada Investimentos e Industria has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Ramada Investimentos e Industria used its assets less efficiently than the Europe Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

Ramada Investimentos e Industria's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Ramada Investimentos e Industria's financial position?


Financial Position Analysis

Ramada Investimentos e Industria is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Ramada Investimentos e Industria's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Ramada Investimentos e Industria's level of debt (65.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (139.7% vs 65.9% today).

Debt is not well covered by operating cash flow (1.8%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 9.8x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.6x debt.


Next Steps

Dividend

What is Ramada Investimentos e Industria's current dividend yield, its reliability and sustainability?

2.70%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Ramada Investimentos e Industria's pays a higher dividend yield than the bottom 25% of dividend payers in Portugal (2.95%).

Ramada Investimentos e Industria's dividend is above the markets top 25% of dividend payers in Portugal (6.96%).

Ramada Investimentos e Industria has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Ramada Investimentos e Industria only paid a dividend in the past 9 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Ramada Investimentos e Industria's salary, the management and board of directors tenure and is there insider trading?

10.3yrs

Average board tenure


CEO

Ramada Investimentos e Industria has no CEO, or we have no data on them.


Board Age and Tenure

10.3yrs

Average Tenure

The average tenure for the Ramada Investimentos e Industria board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • João Manuel Borges de Oliveira (59yo)

    Chairman & President

    • Tenure: 0yrs
    • Compensation: €123.00k

Board Members

  • Paulo dos Santos Fernandes

    Director

    • Tenure: 11.3yrs
    • Compensation: €123.00k
  • Ana Rebelo De Carvalho Menéres Mendonça

    Non-Executive Director

    • Tenure: 10.3yrs
    • Compensation: €59.50k
  • João Manuel Borges de Oliveira (59yo)

    Chairman & President

    • Tenure: 0yrs
    • Compensation: €123.00k
  • Domingos José de Matos

    Director

    • Tenure: 11.3yrs
    • Compensation: €109.00k
  • Pedro Miguel Matos de Oliveira

    Director

    • Tenure: 10.3yrs
    • Compensation: €109.00k
  • Pedro Nuno de Sá Pessanha da Costa

    Chairman of Statutory Audit Board

    • Tenure: 0yrs
    • Compensation: €12.00k
  • André Seabra Pinto

    Alternate Statutory Audit Board Member

    • Tenure: 0yrs
    • Compensation: €2.27k
  • António Isidro De Pinho

    Member of Statutory Audit Board

    • Tenure: 2.3yrs
    • Compensation: €8.31k
  • Guilherme Aires Da Mota Correia Monteiro

    Member of Statutory Audit Board

    • Tenure: 2.3yrs
    • Compensation: €8.31k

Company Information

Ramada Investimentos e Industria, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ramada Investimentos e Industria, S.A.
  • Ticker: RAM
  • Exchange: ENXTLS
  • Founded: 1935
  • Industry: Steel
  • Sector: Materials
  • Market Cap: €151.797m
  • Shares outstanding: 25.64m
  • Website: https://www.ramadainvestimentos.pt

Number of Employees


Location

  • Ramada Investimentos e Industria, S.A.
  • Rua do General Norton de Matos, 68, r/c
  • Porto
  • Norte
  • 4050-424
  • Portugal

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RAMENXTLS (Euronext Lisbon)YesBearer SharesPTEURJul 2008
0JOPLSE (London Stock Exchange)YesBearer SharesGBEURJul 2008
RAMUBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURJul 2008

Biography

Ramada Investimentos e Industria, S.A. primarily engages in the manufacture and commercialization of steel products in Portugal and internationally. The company operates through Industry and Real Estate se ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 21:11
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.