RDVT Stock Overview
Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States.
Red Violet Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$23.02|
|52 Week High||US$42.48|
|52 Week Low||US$19.61|
|1 Month Change||-15.71%|
|3 Month Change||-15.46%|
|1 Year Change||5.60%|
|3 Year Change||79.01%|
|5 Year Change||n/a|
|Change since IPO||-50.39%|
Recent News & Updates
|RDVT||US Professional Services||US Market|
Return vs Industry: RDVT exceeded the US Professional Services industry which returned -16.4% over the past year.
Return vs Market: RDVT exceeded the US Market which returned -12.9% over the past year.
|RDVT Average Weekly Movement||10.4%|
|Professional Services Industry Average Movement||6.9%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: RDVT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: RDVT's weekly volatility (10%) has been stable over the past year.
About the Company
Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk. The company serves financial services, insurance, healthcare, retail, and telecommunication companies; law enforcement and government agencies; and collections, corporate security, and investigative firms, as well as solutions used for purposes, such as risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition.
Red Violet Fundamentals Summary
|RDVT fundamental statistics|
Is RDVT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RDVT income statement (TTM)|
|Cost of Revenue||US$11.60m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.099|
|Net Profit Margin||2.88%|
How did RDVT perform over the long term?See historical performance and comparison
Is Red Violet undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RDVT ($23.02) is trading below our estimate of fair value ($29.2)
Significantly Below Fair Value: RDVT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RDVT is poor value based on its PE Ratio (232.3x) compared to the US Professional Services industry average (16.5x).
PE vs Market: RDVT is poor value based on its PE Ratio (232.3x) compared to the US market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RDVT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RDVT is overvalued based on its PB Ratio (4.4x) compared to the US Professional Services industry average (2.5x).
How is Red Violet forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Red Violet has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Red Violet performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RDVT has a large one-off gain of $2.2M impacting its March 31 2022 financial results.
Growing Profit Margin: RDVT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RDVT has become profitable over the past 5 years, growing earnings by 41.7% per year.
Accelerating Growth: RDVT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RDVT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Professional Services industry (32.6%).
Return on Equity
High ROE: RDVT's Return on Equity (1.9%) is considered low.
How is Red Violet's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RDVT's short term assets ($40.4M) exceed its short term liabilities ($4.0M).
Long Term Liabilities: RDVT's short term assets ($40.4M) exceed its long term liabilities ($1.5M).
Debt to Equity History and Analysis
Debt Level: RDVT is debt free.
Reducing Debt: RDVT had no debt 5 years ago.
Debt Coverage: RDVT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RDVT has no debt, therefore coverage of interest payments is not a concern.
What is Red Violet current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RDVT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RDVT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RDVT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RDVT's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RDVT has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Derek Dubner (49 yo)
Mr. Derek Dubner serves as Chairman of the Board at Red Violet, Inc. since April 2020 and has been its Chief Executive Officer and also Director since August 2017. He had been Interim Chairman of Red Viole...
CEO Compensation Analysis
Compensation vs Market: Derek's total compensation ($USD1.67M) is below average for companies of similar size in the US market ($USD2.59M).
Compensation vs Earnings: Derek's compensation has been consistent with company performance over the past year.
Experienced Management: RDVT's management team is considered experienced (4.8 years average tenure).
Experienced Board: RDVT's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 10.5%.
Red Violet, Inc.'s employee growth, exchange listings and data sources
- Name: Red Violet, Inc.
- Ticker: RDVT
- Exchange: NasdaqCM
- Founded: 2017
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Implied Market Cap: US$311.301m
- Shares outstanding: 13.52m
- Website: https://www.redviolet.com
Number of Employees
- Red Violet, Inc.
- 2650 North Military Trail
- Suite 300
- Boca Raton
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/20 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.