| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
ROLL Stock Overview
RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in North America, Europe, Asia, and Latin America.
Rewards
Risk Analysis
+ 1 more risk
RBC Bearings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$157.62 |
| 52 Week High | US$250.52 |
| 52 Week Low | US$153.19 |
| Beta | 1.35 |
| 1 Month Change | -15.13% |
| 3 Month Change | -13.29% |
| 1 Year Change | -16.43% |
| 3 Year Change | 12.28% |
| 5 Year Change | 58.14% |
| Change since IPO | 932.22% |
Recent News & Updates
Should You Investigate RBC Bearings Incorporated (NASDAQ:ROLL) At US$187?
RBC Bearings Incorporated ( NASDAQ:ROLL ), might not be a large cap stock, but it saw significant share price movement...
RBC Bearings (NASDAQ:ROLL) Seems To Use Debt Quite Sensibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Estimating The Fair Value Of RBC Bearings Incorporated (NASDAQ:ROLL)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of RBC Bearings...
Shareholder Returns
| ROLL | US Machinery | US Market | |
|---|---|---|---|
| 7D | -1.2% | 0.6% | 0.1% |
| 1Y | -16.4% | -15.8% | -12.7% |
Return vs Industry: ROLL matched the US Machinery industry which returned -15.8% over the past year.
Return vs Market: ROLL underperformed the US Market which returned -11.5% over the past year.
Price Volatility
| ROLL volatility | |
|---|---|
| ROLL Average Weekly Movement | 5.3% |
| Machinery Industry Average Movement | 5.7% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ROLL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ROLL's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1919 | 3,885 | Michael Hartnett | https://www.rbcbearings.com |
RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in North America, Europe, Asia, and Latin America. It operates through four segments: Plain Bearings, Roller Bearings, Ball Bearings, and Engineered Products. The Plain Bearings segment produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings that are primarily used to rectify inevitable misalignments in various mechanical components, such as aircraft controls, helicopter rotors, or in heavy mining and construction equipment.
RBC Bearings Fundamentals Summary
| ROLL fundamental statistics | |
|---|---|
| Market Cap | US$4.51b |
| Earnings (TTM) | US$51.56m |
| Revenue (TTM) | US$744.35m |
87.5x
P/E Ratio6.1x
P/S RatioIs ROLL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ROLL income statement (TTM) | |
|---|---|
| Revenue | US$744.35m |
| Cost of Revenue | US$453.33m |
| Gross Profit | US$291.02m |
| Other Expenses | US$239.46m |
| Earnings | US$51.56m |
Last Reported Earnings
Jan 01, 2022
Next Earnings Date
May 26, 2022
| Earnings per share (EPS) | 1.80 |
| Gross Margin | 39.10% |
| Net Profit Margin | 6.93% |
| Debt/Equity Ratio | 76.7% |
How did ROLL perform over the long term?
See historical performance and comparisonValuation
Is RBC Bearings undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
7.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ROLL ($157.62) is trading below our estimate of fair value ($170.55)
Significantly Below Fair Value: ROLL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ROLL is poor value based on its PE Ratio (87.5x) compared to the US Machinery industry average (21.4x).
PE vs Market: ROLL is poor value based on its PE Ratio (87.5x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: ROLL is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: ROLL is good value based on its PB Ratio (1.9x) compared to the US Machinery industry average (2.1x).
Future Growth
How is RBC Bearings forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
54.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ROLL's forecast earnings growth (54.4% per year) is above the savings rate (1.9%).
Earnings vs Market: ROLL's earnings (54.4% per year) are forecast to grow faster than the US market (12.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ROLL's revenue (27.1% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: ROLL's revenue (27.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ROLL's Return on Equity is forecast to be low in 3 years time (7.4%).
Past Performance
How has RBC Bearings 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
3.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ROLL has a large one-off loss of $38.1M impacting its January 1 2022 financial results.
Growing Profit Margin: ROLL's current net profit margins (6.9%) are lower than last year (15.5%).
Past Earnings Growth Analysis
Earnings Trend: ROLL's earnings have grown by 3.3% per year over the past 5 years.
Accelerating Growth: ROLL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ROLL had negative earnings growth (-47.3%) over the past year, making it difficult to compare to the Machinery industry average (24%).
Return on Equity
High ROE: ROLL's Return on Equity (2.5%) is considered low.
Financial Health
How is RBC Bearings's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: ROLL's short term assets ($987.2M) exceed its short term liabilities ($343.0M).
Long Term Liabilities: ROLL's short term assets ($987.2M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: ROLL's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: ROLL's debt to equity ratio has increased from 42.9% to 76.7% over the past 5 years.
Debt Coverage: ROLL's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: ROLL's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
Dividend
What is RBC Bearings's 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 ROLL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ROLL'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 ROLL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ROLL's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as ROLL has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
10.4yrs
Average management tenure
CEO
Michael Hartnett (75 yo)
30.08yrs
Tenure
US$8,892,078
Compensation
Dr. Michael J. Hartnett, Ph.D. is the Chairman, Chief Executive Officer and President at Roller Bearing Company at America, Inc. Dr. Hartnett has been the President and Chief Executive Officer of Roller Be...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD8.89M) is above average for companies of similar size in the US market ($USD6.81M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ROLL's management team is seasoned and experienced (10.4 years average tenure).
Board Members
Experienced Board: ROLL's board of directors are considered experienced (8.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ROLL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.6%.
Top Shareholders
Company Information
RBC Bearings Incorporated's employee growth, exchange listings and data sources
Key Information
- Name: RBC Bearings Incorporated
- Ticker: ROLL
- Exchange: NasdaqGS
- Founded: 1919
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$4.506b
- Shares outstanding: 28.63m
- Website: https://www.rbcbearings.com
Number of Employees
Location
- RBC Bearings Incorporated
- One Tribology Center
- 102 Willenbrock Road
- Oxford
- Connecticut
- 6478
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/19 00:00 |
| End of Day Share Price | 2022/05/19 00:00 |
| Earnings | 2022/01/01 |
| Annual Earnings | 2021/04/03 |
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.