Rapala VMC Corporation, together with its subsidiaries, engages in manufacturing, sourcing, and distributing fishing tackle products in North America, Nordic countries, rest of Europe, and internationally.
Excellent balance sheet and good value.
Share Price & News
How has Rapala VMC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RPNM.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: RPNM.F exceeded the US Leisure industry which returned -25.7% over the past year.
Return vs Market: RPNM.F underperformed the US Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is Rapala VMC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Rapala VMC 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: RPNM.F ($3.03) is trading below our estimate of fair value ($4.72)
Significantly Below Fair Value: RPNM.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RPNM.F is poor value based on its PE Ratio (24x) compared to the Leisure industry average (12.1x).
PE vs Market: RPNM.F is poor value based on its PE Ratio (24x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: RPNM.F is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: RPNM.F is good value based on its PB Ratio (0.6x) compared to the US Leisure industry average (2.1x).
How is Rapala VMC forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RPNM.F's forecast earnings growth (45.2% per year) is above the savings rate (1.7%).
Earnings vs Market: RPNM.F's earnings (45.2% per year) are forecast to grow faster than the US market (12.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RPNM.F's revenue (0.7% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: RPNM.F's revenue (0.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RPNM.F's Return on Equity is forecast to be low in 3 years time (4.4%).
How has Rapala VMC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RPNM.F has high quality earnings.
Growing Profit Margin: RPNM.F's current net profit margins (1.4%) are lower than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: RPNM.F's earnings have declined by -19.8% per year over the past 5 years.
Accelerating Growth: RPNM.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RPNM.F had negative earnings growth (-24%) over the past year, making it difficult to compare to the Leisure industry average (-3.4%).
Return on Equity
High ROE: RPNM.F's Return on Equity (2.6%) is considered low.
How is Rapala VMC's financial position?
Financial Position Analysis
Short Term Liabilities: RPNM.F's short term assets (€156.7M) exceed its short term liabilities (€74.4M).
Long Term Liabilities: RPNM.F's short term assets (€156.7M) exceed its long term liabilities (€63.6M).
Debt to Equity History and Analysis
Debt Level: RPNM.F's debt to equity ratio (54.3%) is considered high.
Reducing Debt: RPNM.F's debt to equity ratio has reduced from 84.4% to 54.3% over the past 5 years.
Debt Coverage: RPNM.F's debt is well covered by operating cash flow (31.5%).
Interest Coverage: RPNM.F's interest payments on its debt are well covered by EBIT (8.8x coverage).
Inventory Level: RPNM.F has a high level of physical assets or inventory.
Debt Coverage by Assets: RPNM.F's debt is covered by short term assets (assets are 1.9x debt).
What is Rapala VMC's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RPNM.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate RPNM.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RPNM.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RPNM.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RPNM.F is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RPNM.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nicolas Warchalowski (48yo)
Mr. Nicolas Warchalowski has been Chief Executive Officer and President at Rapala VMC Corporation since March 01, 2020. Mr. Warchalowski served as the Chief Executive Officer of Peak Performance Production ...
|President & CEO||no data||no data||no data|
|Chief Financial Officer||2.75yrs||no data||0.026% €26.4k|
|Chief Operating Officer||2.67yrs||no data||0.026% €26.4k|
|Executive VP of Investor Relations||4.33yrs||no data||0.026% €26.4k|
|Head of Manufacturing Operations & Global Supply Chain Development and Hook & Carp Business Unit||4.5yrs||no data||0.021% €20.9k|
|Head of Distribution & Brands - North America||3.5yrs||no data||0.0078% €7.8k|
|Head of Distribution in Russia||9.58yrs||no data||0.026% €26.4k|
|Executive Vice President of Market Intelligence & Business Development||3.5yrs||no data||0.026% €26.4k|
|Executive VP & Head of European Distribution||no data||no data||no data|
Experienced Management: RPNM.F's management team is considered experienced (3.5 years average tenure).
|Director||22.17yrs||no data||0.013% €13.1k|
|Director||14.33yrs||no data||0.0078% €7.8k|
|Director||5.92yrs||no data||no data|
|Chairman||1.5yrs||no data||0.0057% €5.8k|
Experienced Board: RPNM.F's board of directors are seasoned and experienced ( 14.8 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Rapala VMC Corporation's company bio, employee growth, exchange listings and data sources
- Name: Rapala VMC Corporation
- Ticker: RPNM.F
- Exchange: OTCPK
- Founded: 1936
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: €91.744m
- Listing Market Cap: €100.817m
- Shares outstanding: 38.55m
- Website: https://www.rapalavmc.com
Number of Employees
- Rapala VMC Corporation
- Mäkelänkatu 91
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RPNM.F||OTCPK (Pink Sheets LLC)||Yes||Class A Shares||US||USD||Dec 1998|
|RAP1V||HLSE (OMX Nordic Exchange Helsinki)||Yes||Class A Shares||FI||EUR||Dec 1998|
|0MEF||LSE (London Stock Exchange)||Yes||Class A Shares||GB||EUR||Dec 1998|
|RAP1VH||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class A Shares||GB||EUR||Dec 1998|
Rapala VMC Corporation, together with its subsidiaries, engages in manufacturing, sourcing, and distributing fishing tackle products in North America, Nordic countries, rest of Europe, and internationally. The company operates in two segments, Group Products and Third Party Products. It offers products used in lures for hard baits, and also for fishing accessories, clothing, luggage, and eyewear; metal lures specifically designed for salmon and trout fishing, and trolling in fresh and salt wats; braided and monofilament lines, and specialized leader lines; hooks used for sport fishing and commercial hooks, and terminal tackles; hard baits, hybrids and rigged, and unrigged soft baits; specialized trolling lures and metal jigs for saltwater big game fishing; baits for carp, match, and coarse fishing; and knives for filleting, outdoor, hunting, and kitchen use, as well as ice augers and auger blades, and cross country skis. The company’s brand portfolio includes Rapala and other international brands, such as VMC, Sufix, Storm, Blue Fox, Luhr Jensen, Williamson, Dynamite Baits, Mora Ice, StrikeMaster, Carp Spirit, Marttiini, and Peltonen. The company was founded in 1936 and is headquartered in Helsinki, Finland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 00:39|
|End of Day Share Price||2020/01/10 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.