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RDW

Redwire NYSE:RDW Stock Report

Last Price

US$3.17

Market Cap

US$200.5m

7D

-18.7%

1Y

-68.6%

Updated

26 Jun, 2022

Data

Company Financials +
RDW fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health2/6
Dividends0/6

RDW Stock Overview

Redwire Corporation, a space infrastructure company, develops, manufactures, and sells mission critical space solutions and components for national security, civil, and commercial space markets in the United States, Luxembourg, Germany, South Korea, Poland, and internationally.

Redwire Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Redwire
Historical stock prices
Current Share PriceUS$3.17
52 Week HighUS$16.98
52 Week LowUS$3.16
Beta0
1 Month Change-23.61%
3 Month Change-59.04%
1 Year Change-68.61%
3 Year Changen/a
5 Year Changen/a
Change since IPO-69.55%

Recent News & Updates

Shareholder Returns

RDWUS Aerospace & DefenseUS Market
7D-18.7%4.7%6.6%
1Y-68.6%-0.6%-18.4%

Return vs Industry: RDW underperformed the US Aerospace & Defense industry which returned -0.6% over the past year.

Return vs Market: RDW underperformed the US Market which returned -18.4% over the past year.

Price Volatility

Is RDW's price volatile compared to industry and market?
RDW volatility
RDW Average Weekly Movement14.6%
Aerospace & Defense Industry Average Movement7.0%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: RDW is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: RDW's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a606Pete Cannitohttps://www.redwirespace.com

Redwire Corporation, a space infrastructure company, develops, manufactures, and sells mission critical space solutions and components for national security, civil, and commercial space markets in the United States, Luxembourg, Germany, South Korea, Poland, and internationally. The company provides various antennas; and advanced sensors and components, which include solar arrays, composite booms, radio frequency antennas, payload adapters, space-qualifies camera systems, and star trackers and sun sensors. It also sells a proprietary enterprise software suite that enables digital engineering and generation of interactive modeling and simulations of individual components, entire spacecraft, and full constellations in a cloud-based Software as a Service business model.

Redwire Fundamentals Summary

How do Redwire's earnings and revenue compare to its market cap?
RDW fundamental statistics
Market CapUS$200.47m
Earnings (TTM)-US$71.16m
Revenue (TTM)US$138.77m

1.4x

P/S Ratio

-2.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RDW income statement (TTM)
RevenueUS$138.77m
Cost of RevenueUS$111.70m
Gross ProfitUS$27.07m
Other ExpensesUS$98.23m
Earnings-US$71.16m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.13
Gross Margin19.51%
Net Profit Margin-51.28%
Debt/Equity Ratio82.0%

How did RDW perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is RDW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RDW?

Other financial metrics that can be useful for relative valuation.

RDW key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.1x
Enterprise Value/EBITDA-6.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does RDW's PS Ratio compare to its peers?

RDW PS Ratio vs Peers
The above table shows the PS ratio for RDW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average255.6x
MNTS Momentus
1008.2x95.6%US$201.1m
BYRN Byrna Technologies
4.6x25.0%US$189.5m
PKE Park Aerospace
4.9xn/aUS$261.3m
ISSC Innovative Solutions and Support
4.8xn/aUS$128.3m
RDW Redwire
1.4x47.9%US$200.5m

Price-To-Sales vs Peers: RDW is good value based on its Price-To-Sales Ratio (1.4x) compared to the peer average (255.6x).


Price to Earnings Ratio vs Industry

How does RDW's PE Ratio compare vs other companies in the US Aerospace & Defense Industry?

Price-To-Sales vs Industry: RDW is good value based on its Price-To-Sales Ratio (1.4x) compared to the US Aerospace & Defense industry average (2.1x)


Price to Sales Ratio vs Fair Ratio

What is RDW's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RDW PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.4x
Fair PS Ratio5x

Price-To-Sales vs Fair Ratio: RDW is good value based on its Price-To-Sales Ratio (1.4x) compared to the estimated Fair Price-To-Sales Ratio (5x).


Share Price vs Fair Value

What is the Fair Price of RDW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate RDW's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate RDW's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RDW's PEG Ratio to determine if it is good value.


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Future Growth

How is Redwire forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


88.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RDW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: RDW is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: RDW is expected to become profitable in the next 3 years.

Revenue vs Market: RDW's revenue (47.9% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: RDW's revenue (47.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if RDW's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Redwire performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-195.1%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: RDW is currently unprofitable.

Growing Profit Margin: RDW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if RDW's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare RDW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RDW is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (27.7%).


Return on Equity

High ROE: RDW has a negative Return on Equity (-75.53%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Redwire's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: RDW's short term assets ($43.5M) do not cover its short term liabilities ($53.9M).

Long Term Liabilities: RDW's short term assets ($43.5M) do not cover its long term liabilities ($111.7M).


Debt to Equity History and Analysis

Debt Level: RDW's net debt to equity ratio (75.7%) is considered high.

Reducing Debt: Insufficient data to determine if RDW's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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: RDW has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: RDW is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.


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Dividend

What is Redwire current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend 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 RDW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RDW'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 RDW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RDW'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 RDW has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Pete Cannito (48 yo)

0.75

Tenure

US$3,065,456

Compensation

Mr. Peter Anthony Cannito Jr., also known as Pete, serves as Chairman of the Board at BigBear.ai Holdings, Inc. since December 7, 2021. He serves as Operating Partner at AE Industrial Partners, LP since jo...


CEO Compensation Analysis

Compensation vs Market: Pete's total compensation ($USD3.07M) is above average for companies of similar size in the US market ($USD1.69M).

Compensation vs Earnings: Pete's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: RDW's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: RDW's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RDW insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Redwire Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Redwire Corporation
  • Ticker: RDW
  • Exchange: NYSE
  • Founded: NaN
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Implied Market Cap: US$200.473m
  • Shares outstanding: 63.24m
  • Website: https://www.redwirespace.com

Number of Employees


Location

  • Redwire Corporation
  • 8226 Philips Highway
  • Suite 101
  • Jacksonville
  • Florida
  • 32256
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.