Loading...

We've got a brand new version of Simply Wall St! Try it out

RBC Bearings

Nasdaq:ROLL
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ROLL
Nasdaq
$4B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in North America, Europe, Asia, and Latin America. The last earnings update was 16 days ago. More info.


Add to Portfolio Compare Print
ROLL Share Price and Events
7 Day Returns
-0.3%
NasdaqGS:ROLL
-1.8%
US Machinery
-1%
US Market
1 Year Returns
10.4%
NasdaqGS:ROLL
-7.4%
US Machinery
-0.4%
US Market
ROLL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
RBC Bearings (ROLL) -0.3% -1.2% 17.7% 10.4% 107% 163.5%
US Machinery -1.8% -7.9% -3% -7.4% 26.6% 19.4%
US Market -1% -3.3% 0.4% -0.4% 30.4% 37.1%
1 Year Return vs Industry and Market
  • ROLL outperformed the Machinery industry which returned -7.4% over the past year.
  • ROLL outperformed the Market in United States of America which returned -0.4% over the past year.
Price Volatility
ROLL
Industry
5yr Volatility vs Market
Related Companies

ROLL Value

 Is RBC Bearings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of RBC Bearings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for RBC Bearings.

NasdaqGS:ROLL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:ROLL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.044 (1 + (1- 21%) (1.34%))
1.037
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.037 * 5.96%)
8.91%

Discounted Cash Flow Calculation for NasdaqGS:ROLL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for RBC Bearings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:ROLL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.91%)
2020 164.60 Analyst x2 151.13
2021 127.12 Analyst x1 107.17
2022 105.28 Est @ -17.18% 81.50
2023 93.48 Est @ -11.21% 66.45
2024 86.92 Est @ -7.03% 56.72
2025 83.35 Est @ -4.1% 49.95
2026 81.65 Est @ -2.05% 44.92
2027 81.14 Est @ -0.62% 40.99
2028 81.46 Est @ 0.39% 37.79
2029 82.35 Est @ 1.09% 35.07
Present value of next 10 years cash flows $671.70
NasdaqGS:ROLL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $82.35 × (1 + 2.73%) ÷ (8.91% – 2.73%)
$1,368.88
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,368.88 ÷ (1 + 8.91%)10
$583.04
NasdaqGS:ROLL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $671.70 + $583.04
$1,254.73
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,254.73 / 24.56
$51.1
NasdaqGS:ROLL Discount to Share Price
Calculation Result
Value per share (USD) From above. $51.10
Current discount Discount to share price of $159.96
= -1 x ($159.96 - $51.10) / $51.10
-213.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of RBC Bearings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for RBC Bearings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are RBC Bearings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:ROLL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-29) in USD $4.43
NasdaqGS:ROLL Share Price ** NasdaqGS (2019-08-16) in USD $159.96
United States of America Machinery Industry PE Ratio Median Figure of 98 Publicly-Listed Machinery Companies 18.89x
United States of America Market PE Ratio Median Figure of 3,095 Publicly-Listed Companies 17.23x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of RBC Bearings.

NasdaqGS:ROLL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:ROLL Share Price ÷ EPS (both in USD)

= 159.96 ÷ 4.43

36.13x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RBC Bearings is overvalued based on earnings compared to the US Machinery industry average.
  • RBC Bearings is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does RBC Bearings's expected growth come at a high price?
Raw Data
NasdaqGS:ROLL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 36.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
15.6%per year
United States of America Machinery Industry PEG Ratio Median Figure of 79 Publicly-Listed Machinery Companies 1.59x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

NasdaqGS:ROLL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 36.13x ÷ 15.6%

2.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RBC Bearings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on RBC Bearings's assets?
Raw Data
NasdaqGS:ROLL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-29) in USD $40.71
NasdaqGS:ROLL Share Price * NasdaqGS (2019-08-16) in USD $159.96
United States of America Machinery Industry PB Ratio Median Figure of 127 Publicly-Listed Machinery Companies 2.09x
United States of America Market PB Ratio Median Figure of 5,265 Publicly-Listed Companies 1.7x
NasdaqGS:ROLL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:ROLL Share Price ÷ Book Value per Share (both in USD)

= 159.96 ÷ 40.71

3.93x

* Primary Listing of RBC Bearings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RBC Bearings is overvalued based on assets compared to the US Machinery industry average.
X
Value checks
We assess RBC Bearings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. RBC Bearings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ROLL Future Performance

 How is RBC Bearings expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is RBC Bearings expected to grow at an attractive rate?
  • RBC Bearings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • RBC Bearings's earnings growth is expected to exceed the United States of America market average.
  • RBC Bearings's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:ROLL Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:ROLL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 15.6%
NasdaqGS:ROLL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 9.3%
United States of America Machinery Industry Earnings Growth Rate Market Cap Weighted Average 10.4%
United States of America Machinery Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:ROLL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:ROLL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 830 156 148 5
2020-03-31 756 198 132 5
NasdaqGS:ROLL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-29 709 115 108
2019-03-30 703 109 105
2018-12-29 700 117 100
2018-09-29 696 124 108
2018-06-30 687 124 93
2018-03-31 675 130 87
2017-12-30 655 119 82
2017-09-30 635 127 71
2017-07-01 625 122 74
2017-04-01 615 101 71
2016-12-31 617 96 68
2016-10-01 615 82 72
2016-07-02 610 80 69

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • RBC Bearings's earnings are expected to grow by 15.6% yearly, however this is not considered high growth (20% yearly).
  • RBC Bearings's revenue is expected to grow by 9.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:ROLL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from RBC Bearings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ROLL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 5.91 6.30 5.65 5.00
2020-03-31 5.31 5.45 5.10 5.00
NasdaqGS:ROLL Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-29 4.43
2019-03-30 4.32
2018-12-29 4.14
2018-09-29 4.48
2018-06-30 3.86
2018-03-31 3.64
2017-12-30 3.44
2017-09-30 2.99
2017-07-01 3.15
2017-04-01 3.00
2016-12-31 2.90
2016-10-01 3.10
2016-07-02 2.95

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if RBC Bearings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess RBC Bearings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
RBC Bearings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ROLL Past Performance

  How has RBC Bearings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare RBC Bearings's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • RBC Bearings's year on year earnings growth rate has been positive over the past 5 years.
  • RBC Bearings's 1-year earnings growth exceeds its 5-year average (16.7% vs 13.9%)
  • RBC Bearings's earnings growth has not exceeded the US Machinery industry average in the past year (16.7% vs 17.5%).
Earnings and Revenue History
RBC Bearings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from RBC Bearings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ROLL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-29 709.22 108.23 118.33
2019-03-30 702.52 105.19 117.82
2018-12-29 700.23 100.43 118.03
2018-09-29 695.64 108.09 117.13
2018-06-30 687.04 92.80 115.55
2018-03-31 674.95 87.14 113.76
2017-12-30 655.28 82.05 111.13
2017-09-30 635.08 70.99 108.52
2017-07-01 624.71 74.39 105.80
2017-04-01 615.39 70.62 103.82
2016-12-31 617.43 67.96 102.90
2016-10-01 614.99 72.24 101.04
2016-07-02 609.74 68.53 100.79
2016-04-02 597.47 63.89 99.58
2015-12-26 548.64 59.90 91.65
2015-09-26 510.74 56.90 87.06
2015-06-27 474.60 55.63 80.64
2015-03-28 445.28 58.25 75.91
2014-12-27 445.58 61.52 76.35
2014-09-27 439.80 60.24 75.36
2014-06-28 429.20 61.11 73.98
2014-03-29 418.89 60.21 71.97
2013-12-28 408.17 52.58 69.71
2013-09-28 403.96 51.93 68.01
2013-06-29 402.39 54.29 66.64
2013-03-30 403.05 56.34 65.75
2012-12-29 411.37 61.29 64.96
2012-09-29 410.14 61.35 63.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • RBC Bearings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • RBC Bearings used its assets more efficiently than the US Machinery industry average last year based on Return on Assets.
  • RBC Bearings has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess RBC Bearings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
RBC Bearings has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ROLL Health

 How is RBC Bearings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up RBC Bearings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • RBC Bearings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • RBC Bearings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of RBC Bearings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 19.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from RBC Bearings Company Filings, last reported 1 month ago.

NasdaqGS:ROLL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-29 997.35 26.27 32.71
2019-03-30 968.57 43.65 29.88
2018-12-29 931.67 114.55 81.70
2018-09-29 912.30 124.46 60.37
2018-06-30 866.57 144.29 55.66
2018-03-31 834.55 173.36 54.16
2017-12-30 798.54 197.95 43.82
2017-09-30 769.32 220.23 42.89
2017-07-01 751.69 237.87 45.46
2017-04-01 717.04 269.80 38.92
2016-12-31 685.53 294.94 39.47
2016-10-01 666.10 330.06 37.46
2016-07-02 644.77 343.81 37.26
2016-04-02 620.95 363.70 39.21
2015-12-26 595.37 384.97 44.40
2015-09-26 575.68 402.30 44.08
2015-06-27 566.92 427.45 61.56
2015-03-28 549.43 9.20 125.46
2014-12-27 532.77 9.12 119.24
2014-09-27 520.94 9.57 109.45
2014-06-28 513.55 10.26 104.54
2014-03-29 538.45 10.45 123.63
2013-12-28 517.16 10.67 118.28
2013-09-28 498.81 10.48 112.34
2013-06-29 479.69 10.22 128.11
2013-03-30 462.20 10.30 115.78
2012-12-29 451.58 10.90 113.17
2012-09-29 434.38 0.94 100.01
  • RBC Bearings's level of debt (2.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (2% vs 2.6% today).
  • Debt is well covered by operating cash flow (437.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 37.7x coverage).
X
Financial health checks
We assess RBC Bearings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. RBC Bearings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ROLL Dividends

 What is RBC Bearings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from RBC Bearings dividends. Estimated to be 0% next year.
If you bought $2,000 of RBC Bearings shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate RBC Bearings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate RBC Bearings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:ROLL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United States of America Machinery Industry Average Dividend Yield Market Cap Weighted Average of 75 Stocks 2.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:ROLL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 0.00 1.00
2020-03-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as RBC Bearings has not reported any payouts.
  • Unable to verify if RBC Bearings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of RBC Bearings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as RBC Bearings has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of RBC Bearings's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess RBC Bearings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can RBC Bearings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. RBC Bearings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ROLL Management

 What is the CEO of RBC Bearings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Michael Hartnett
COMPENSATION $11,640,585
AGE 73
TENURE AS CEO 27.3 years
CEO Bio

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 Bearing Holding Company Inc. (now RBC Bearings Inc.) since April 1992 and has been its Chairman since June 1993. Dr. Hartnett has been with RBC Bearings for 26 years. He has significant leadership and executive experience. Dr. Hartnett serves as the Chairman of Industrial Tectonics Bearings Corporation and President of RBC Nice Bearings Inc. Dr. Hartnett served as Vice President/President and General Manager of ITB from 1990, following 18 years at Torrington Company. While at Torrington, Dr. Hartnett was Vice President and General Manager of the Aerospace RBC Bearings Business Unit and was, prior to that, Vice President of the Research and Development Division. He serves as Chairman of ITB. He has been a Director of Inc. since June 1993. Dr. Hartnett serves as a Director of Roller Bearing Company of America, Inc., RBC Nice Bearings Inc., Bremen Bearings Inc., Miller Bearing Company Inc., Tyson Bearing Company Inc. and RBC Schaublin S.A. He is a Member of Advisory Board of Vance Street Capital LLC. Dr. Hartnett served as a director of Process Fab Inc., until March 2014. Dr. Hartnett served as a Director of ATC Technology Corporation (alternate name: Aftermarket Technology Corp.,) from 1994 to October 22, 2010. He has also developed numerous patents, authored more than two dozen technical papers and is well known for his contributions to the field of Tribology (the study of friction). He holds an Undergraduate Degree from University of New Haven, a Masters degree from Worcester Polytechnic Institute and a Ph.D. in Applied Mechanics from the University of Connecticut.

CEO Compensation
  • Michael's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Michael's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the RBC Bearings management team in years:

2.5
Average Tenure
59
Average Age
  • The tenure for the RBC Bearings management team is about average.
Management Team

Michael Hartnett

TITLE
Chairman
COMPENSATION
$12M
AGE
73
TENURE
27.3 yrs

Dan Bergeron

TITLE
VP, CFO
COMPENSATION
$6M
AGE
59
TENURE
16 yrs

Ernest Hawkins

TITLE
VP of Finance & Chief Accounting Officer
COMPENSATION
$670K
AGE
54
TENURE
2.2 yrs

Richard Edwards

TITLE
COMPENSATION
$1M
AGE
63
TENURE
23.6 yrs

Pat Bannon

TITLE
COMPENSATION
$2M
AGE
54
TENURE
1.8 yrs

Joseph Salamunovich

TITLE
VP, General Counsel & Secretary
AGE
59
TENURE
0.8 yrs

Rob Sullivan

TITLE
Corporate Controller
AGE
35
TENURE
2.5 yrs
Board of Directors Tenure

Average tenure and age of the RBC Bearings board of directors in years:

13.7
Average Tenure
69.5
Average Age
  • The average tenure for the RBC Bearings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Dan Bergeron

TITLE
VP, CFO
COMPENSATION
$6M
AGE
59
TENURE
6.2 yrs

Richard Crowell

TITLE
Director
COMPENSATION
$283K
AGE
64
TENURE
17.2 yrs

Michael Hartnett

TITLE
Chairman
COMPENSATION
$12M
AGE
73
TENURE
26.2 yrs

Alan Levine

TITLE
Director
COMPENSATION
$283K
AGE
75
TENURE
13.8 yrs

Amir Faghri

TITLE
Director
COMPENSATION
$278K
AGE
68
TENURE
15.1 yrs

Tom O'Brien

TITLE
Director
COMPENSATION
$278K
AGE
71
TENURE
13.5 yrs

Ed Stewart

TITLE
Director
COMPENSATION
$278K
AGE
76
TENURE
6.2 yrs

Steve Kaplan

TITLE
Director
COMPENSATION
$278K
AGE
66
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • RBC Bearings individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
28. Jun 19 Sell Michael Hartnett Individual 27. Jun 19 27. Jun 19 -7,925 $161.48 $-1,279,740
14. Jun 19 Sell Michael Hartnett Individual 12. Jun 19 12. Jun 19 -5,140 $150.23 $-772,198
11. Jun 19 Sell Michael Hartnett Individual 07. Jun 19 11. Jun 19 -5,381 $150.55 $-809,744
05. Jun 19 Sell Patrick Bannon Individual 04. Jun 19 04. Jun 19 -1,693 $147.00 $-248,873
X
Management checks
We assess RBC Bearings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. RBC Bearings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ROLL News

Simply Wall St News

What Does RBC Bearings Incorporated's (NASDAQ:ROLL) P/E Ratio Tell You?

View our latest analysis for RBC Bearings How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for RBC Bearings: P/E of 35.27 = $156.15 ÷ $4.43 (Based on the trailing twelve months to June 2019.) Is A High Price-to-Earnings Ratio Good? … All else being equal, it's better to pay a low price -- but as Warren Buffett said, 'It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.' Does RBC Bearings Have A Relatively High Or Low P/E For Its Industry?

Simply Wall St -

Can RBC Bearings Incorporated (NASDAQ:ROLL) Save Your Portfolio?

RBC Bearings Incorporated is a financially healthy and robust stock with a proven track record of outperformance. … So, large-cap stocks are a safe bet to buy more of when the stock market is selling off. … This consistent market outperformance illustrates a robust track record of delivering strong returns over a number of years, increasing my conviction in RBC Bearings as an investment over the long run.

Simply Wall St -

Introducing RBC Bearings (NASDAQ:ROLL), The Stock That Zoomed 196% In The Last Five Years

One great example is RBC Bearings Incorporated (NASDAQ:ROLL) which saw its share price drive 196% higher over five years. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During five years of share price growth, RBC Bearings achieved compound earnings per share (EPS) growth of 10% per year.

Simply Wall St -

With A 11% Return On Equity, Is RBC Bearings Incorporated (NASDAQ:ROLL) A Quality Stock?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for RBC Bearings: 11% = US$105m ÷ US$969m (Based on the trailing twelve months to March 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Does RBC Bearings Have A Good Return On Equity? … Conservative use of debt to boost returns is usually a good move for shareholders, though it does leave the company more exposed to interest rate rises.

Simply Wall St -

Are RBC Bearings Incorporated’s (NASDAQ:ROLL) High Returns Really That Great?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for RBC Bearings: 0.14 = US$149m ÷ (US$1.1b - US$90m) (Based on the trailing twelve months to March 2019.) So, RBC Bearings has an ROCE of 14%. … Due to the way the ROCE equation works, having large bills due in the near term can make it look as though a company has less capital employed, and thus a higher ROCE than usual.

Simply Wall St -

RBC Bearings Incorporated (NASDAQ:ROLL): Financial Strength Analysis

See our latest analysis for RBC Bearings ROLL’s Debt (And Cash Flows) ROLL's debt levels have fallen from US$173m to US$44m over the last 12 months , which includes long-term debt. … Additionally, ROLL has produced US$109m in operating cash flow over the same time period, resulting in an operating cash to total debt ratio of 249%, indicating that ROLL’s operating cash is sufficient to cover its debt. … Next Steps: ROLL has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level.

Simply Wall St -

Here's Why I Think RBC Bearings (NASDAQ:ROLL) Is An Interesting Stock

Check out our latest analysis for RBC Bearings How Quickly Is RBC Bearings Increasing Earnings Per Share? … It makes me feel more secure owning shares in a company if insiders also own shares, thusly more closely aligning our interests. … With a whopping US$83m worth of shares as a group, insiders have plenty riding on the company's success.

Simply Wall St -

Is RBC Bearings Incorporated's (NASDAQ:ROLL) High P/E Ratio A Problem For Investors?

View our latest analysis for RBC Bearings How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for RBC Bearings: P/E of 33.17 = $137.42 ÷ $4.14 (Based on the trailing twelve months to December 2018.) Is A High Price-to-Earnings Ratio Good? … NasdaqGS:ROLL Price Estimation Relative to Market, May 13th 2019 Its relatively high P/E ratio indicates that RBC Bearings shareholders think it will perform better than other companies in its industry classification.

Simply Wall St -

Should You Be Pleased About The CEO Pay At RBC Bearings Incorporated's (NASDAQ:ROLL)

Michael Hartnett has been the CEO of RBC Bearings Incorporated (NASDAQ:ROLL) since 1992. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Michael Hartnett's Compensation Compare With Similar Sized Companies?

Simply Wall St -

A Look At The Fair Value Of RBC Bearings Incorporated (NASDAQ:ROLL)

Today we will run through one way of estimating the intrinsic value of RBC Bearings Incorporated (NASDAQ:ROLL). … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. … The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period.

Simply Wall St -

ROLL Company Info

Description

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in North America, Europe, Asia, and Latin America. It operates in four segments: cPlain 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. The Roller Bearings segment offers heavy duty needle roller bearings with inner rings, tapered roller bearings, track rollers, and aircraft roller bearings, which are anti-friction bearings that use rollers instead of balls. The Ball Bearings segment manufactures high precision aerospace, airframe control, thin section, and commercial ball bearings that utilize high precision ball elements to reduce friction in high speed applications. The Engineered Products segment offers engineered hydraulics and valves for aircraft and submarine applications, and aerospace and defense aftermarket services; fasteners; precision mechanical components, which are used in various general industrial applications; and machine tool collets that are used for holding circulars or rods. The company serves the construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, semiconductor machinery, and general industrial markets through its direct sales force, as well as a network of industrial and aerospace distributors. RBC Bearings Incorporated was founded in 1919 and is headquartered in Oxford, Connecticut.

Details
Name: RBC Bearings Incorporated
ROLL
Exchange: NasdaqGS
Founded: 1919
$3,928,003,833
24,556,163
Website: http://www.rbcbearings.com
Address: RBC Bearings Incorporated
One Tribology Center,
102 Willenbrock Road,
Oxford,
Connecticut, 06478,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS ROLL Common Stock Nasdaq Global Select US USD 10. Aug 2005
DB B1X Common Stock Deutsche Boerse AG DE EUR 10. Aug 2005
Number of employees
Current staff
Staff numbers
3,764
RBC Bearings employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/17 23:57
End of day share price update: 2019/08/16 00:00
Last estimates confirmation: 2019/08/06
Last earnings filing: 2019/08/01
Last earnings reported: 2019/06/29
Last annual earnings reported: 2019/03/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.