Regal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors, electrical motion controls, and power generation and transmission products worldwide.
Undervalued established dividend payer.
Share Price & News
How has Regal Beloit's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RBC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: RBC underperformed the US Electrical industry which returned -22.1% over the past year.
Return vs Market: RBC underperformed the US Market which returned -12.7% over the past year.
Price Volatility Vs. Market
How volatile is Regal Beloit's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs It Smart To Buy Regal Beloit Corporation (NYSE:RBC) Before It Goes Ex-Dividend?
2 weeks ago | Simply Wall StWhat Is Regal Beloit's (NYSE:RBC) P/E Ratio After Its Share Price Tanked?
2 weeks ago | Simply Wall StDoes Regal Beloit Corporation’s (NYSE:RBC) ROCE Reflect Well On The Business?
Is Regal Beloit 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: RBC ($59.23) is trading below our estimate of fair value ($90.76)
Significantly Below Fair Value: RBC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RBC is good value based on its PE Ratio (10.4x) compared to the Electrical industry average (14.9x).
PE vs Market: RBC is good value based on its PE Ratio (10.4x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: RBC is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: RBC is good value based on its PB Ratio (1x) compared to the US Electrical industry average (1.3x).
How is Regal Beloit forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RBC's forecast earnings growth (5.4% per year) is above the savings rate (1.7%).
Earnings vs Market: RBC's earnings (5.4% per year) are forecast to grow slower than the US market (12.3% per year).
High Growth Earnings: RBC's earnings are forecast to grow, but not significantly.
Revenue vs Market: RBC's revenue is expected to decline over the next 3 years (-0.5% per year).
High Growth Revenue: RBC's revenue is forecast to decline over the next 3 years (-0.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RBC's Return on Equity is forecast to be high in 3 years time
How has Regal Beloit performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RBC has high quality earnings.
Growing Profit Margin: RBC's current net profit margins (7.4%) are higher than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: RBC's earnings have grown significantly by 27.1% per year over the past 5 years.
Accelerating Growth: RBC's earnings growth over the past year (3.4%) is below its 5-year average (27.1% per year).
Earnings vs Industry: RBC earnings growth over the past year (3.4%) exceeded the Electrical industry -1.4%.
Return on Equity
High ROE: RBC's Return on Equity (10.2%) is considered low.
How is Regal Beloit's financial position?
Financial Position Analysis
Short Term Liabilities: RBC's short term assets ($1.6B) exceed its short term liabilities ($560.5M).
Long Term Liabilities: RBC's short term assets ($1.6B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: RBC's debt to equity ratio (47.7%) is considered high.
Reducing Debt: RBC's debt to equity ratio has increased from 32.5% to 47.7% over the past 5 years.
Debt Coverage: RBC's debt is well covered by operating cash flow (36%).
Interest Coverage: RBC's interest payments on its debt are well covered by EBIT (7.1x coverage).
Inventory Level: RBC has a high level of physical assets or inventory.
Debt Coverage by Assets: RBC's debt is covered by short term assets (assets are 1.4x debt).
What is Regal Beloit's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RBC's dividend (2.03%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: RBC's dividend (2.03%) is low compared to the top 25% of dividend payers in the US market (5.49%).
Stability and Growth of Payments
Stable Dividend: RBC's dividends per share have been stable in the past 10 years.
Growing Dividend: RBC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.7%), RBC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RBC's dividends in 3 years are forecast to be well covered by earnings (19.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Louis Pinkham (48yo)
Mr. Louis Vernon Pinkham has been the Chief Executive Officer of Regal Beloit Corporation since April 01, 2019 and its Director since April 30, 2019. Mr. Pinkham was Senior Vice President at Crane Co. from ...
CEO Compensation Analysis
Compensation vs Market: Louis's total compensation ($USD6.39M) is about average for companies of similar size in the US market ($USD5.55M).
Compensation vs Earnings: Insufficient data to compare Louis's compensation with company performance.
|CEO & Director||0.83yr||US$6.39m||0.017% $426.7k|
|VP & CFO||1.83yrs||US$1.57m||0.0069% $170.8k|
|VP & Chief Information Officer||12.17yrs||US$1.12m||0.019% $485.2k|
|VP, General Counsel & Secretary||3.83yrs||US$1.19m||0.0069% $172.0k|
|Vice President of Business Development & Investor Relations||4.42yrs||no data||no data|
|VP & Chief Human Resource Officer||no data||no data||no data|
|Group President of Commercial Systems Segment||0.67yr||no data||0.019% $465.5k|
|Group President of Power Transmission Solutions Segment||0.67yr||no data||0.014% $342.5k|
|Group President of Climate Solutions Segment||0.67yr||no data||0.021% $532.5k|
|Group President of Industrial System Segment||0.67yr||no data||0.012% $291.0k|
Experienced Management: RBC's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
|CEO & Director||0.83yr||US$6.39m||0.017% $426.7k|
|Independent Director||14.42yrs||US$237.47k||0.072% $1.8m|
|Independent Director||15.17yrs||US$268.47k||0.068% $1.7m|
|Independent Director||6.67yrs||US$246.22k||0.026% $642.5k|
|Independent Director||17.17yrs||US$254.97k||0.034% $856.8k|
|Independent Chairman||0.83yr||US$342.47k||0.044% $1.1m|
|Independent Director||9.67yrs||US$250.72k||0.039% $965.3k|
|Independent Director||15.83yrs||US$234.97k||0.055% $1.4m|
|Independent Director||0.67yr||US$95.00k||no data|
|Independent Director||5.25yrs||US$236.22k||0.017% $432.6k|
Experienced Board: RBC's board of directors are considered experienced (8.2 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Regal Beloit Corporation's company bio, employee growth, exchange listings and data sources
- Name: Regal Beloit Corporation
- Ticker: RBC
- Exchange: NYSE
- Founded: 1955
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: US$2.489b
- Shares outstanding: 40.65m
- Website: https://www.regalbeloit.com
Number of Employees
- Regal Beloit Corporation
- 200 State Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RBC||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Oct 1973|
|RB8||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1973|
Regal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors, electrical motion controls, and power generation and transmission products worldwide. It operates through four segments: Commercial Systems, Industrial Systems, Climate Solutions, and Power Transmission Solutions. The Commercial Systems segment provides AC and DC motors, electronic variable speed controls, fans, blowers, and precision stator and rotor kits. The Industrial Systems segment offers AC motors for industrial applications; electric alternators for prime and standby power applications to data centers, marine, agriculture, healthcare, mobile, and defense markets; and power generation switchgear for prime and standby power, distributed generation, and cogeneration applications, as well as residential, automatic, and bypass isolation transfer switches. The Climate Solutions segment provides fractional motors, electronic variable speed controls, and blowers, as well as fractional horsepower motors for residential and light commercial HVAC, water heater, and commercial refrigeration markets. The Power Transmission Solutions segment offers mounted and unmounted bearings; conveyor products; disc, diaphragms, gear and flexible couplings, transmission elements, gears, grids, jaws, elastomers, and joints; mechanical power transmission drives, and components; and worm gearing, shaft configuration, helical offset, concentric and right angle, bevel and miter gearing, center pivot gearing, and open gearing products, as well as modular plastic belts, conveying chains, and hydraulic pump drives. It serves beverage, bulk handling, metal, special machinery, energy, and aerospace and general industrial markets. The company sells its products directly to original equipment manufacturers and end-users through a network of direct and independent sales representatives, and distributors. Regal Beloit Corporation was founded in 1955 and is based in Beloit, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 01:54|
|End of Day Share Price||2020/03/30 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.