NasdaqCM:RIBT

Stock Analysis Report

Executive Summary

RiceBran Technologies, an ingredient company, processes and markets healthy, natural, and nutrient dense products derived from raw rice bran.


Snowflake Analysis

Adequate balance sheet with limited growth.

Share Price & News

How has RiceBran Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RIBT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.5%

RIBT

-0.9%

US Food

0.5%

US Market


1 Year Return

-60.0%

RIBT

7.8%

US Food

20.3%

US Market

Return vs Industry: RIBT underperformed the US Food industry which returned 7.8% over the past year.

Return vs Market: RIBT underperformed the US Market which returned 20.3% over the past year.


Shareholder returns

RIBTIndustryMarket
7 Day5.5%-0.9%0.5%
30 Day8.9%-2.0%2.0%
90 Day-46.4%3.4%9.4%
1 Year-60.0%-60.0%10.7%7.8%22.8%20.3%
3 Year67.5%67.5%-2.1%-9.9%50.1%40.4%
5 Year-67.1%-67.1%41.5%24.9%73.1%54.1%

Price Volatility Vs. Market

How volatile is RiceBran Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is RiceBran Technologies undervalued compared to its fair value and its price relative to the market?

1.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RIBT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RIBT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RIBT is unprofitable, so we can't compare its PE Ratio to the Food industry average.

PE vs Market: RIBT is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RIBT is good value based on its PB Ratio (1.6x) compared to the US Food industry average (2x).


Next Steps

Future Growth

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

51.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RIBT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: RIBT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: RIBT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: RIBT's revenue (46% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: RIBT's revenue (46% 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 RIBT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has RiceBran Technologies performed over the past 5 years?

16.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RIBT is currently unprofitable.

Growing Profit Margin: RIBT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RIBT is unprofitable, but has reduced losses over the past 5 years at a rate of 16.8% per year.

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

Earnings vs Industry: RIBT is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-6.2%).


Return on Equity

High ROE: RIBT has a negative Return on Equity (-45.68%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is RiceBran Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: RIBT's short term assets ($8.4M) exceed its short term liabilities ($5.2M).

Long Term Liabilities: RIBT's short term assets ($8.4M) exceed its long term liabilities ($3.0M).


Debt to Equity History and Analysis

Debt Level: RIBT's debt to equity ratio (4.7%) is considered satisfactory.

Reducing Debt: RIBT's debt to equity ratio has reduced from 104.9% to 4.7% over the past 5 years.


Balance Sheet

Inventory Level: RIBT has a high level of physical assets or inventory.

Debt Coverage by Assets: RIBT's debt is covered by short term assets (assets are 6.5x debt).


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: RIBT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RIBT has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.6% each year.


Next Steps

Dividend

What is RiceBran Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RIBT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

Growing Dividend: Insufficient data to determine if RIBT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RIBT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Brent Rystrom (55yo)

1.3yrs

Tenure

US$937,924

Compensation

Mr. Brent Robert Rystrom has been President, CEO and Director at RiceBran Technologies since October 1, 2018. Mr. Rystrom served as Chief Financial Officer of RiceBran Technologies since March 8, 2017 and  ...


CEO Compensation Analysis

Compensation vs Market: Brent's total compensation ($USD937.92K) is above average for companies of similar size in the US market ($USD521.92K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Brent Rystrom
President1.3yrsUS$937.92k0.70% $373.5k
Todd Mitchell
Executive VP0.6yrsno data0.063% $33.5k
Rani Patel
Chief Science Officer14yrsno datano data
Sherry Rhoads
Vice President of Compliance1.3yrsno datano data
Denny Lacy
Director of Sales1.3yrsno datano data
Kevin Mosley
Senior VP & Chief Revenue Officer1.6yrsno datano data
Joseph Gutman
Strategic Consultant & Member of Medical Advisory Board13.3yrsno datano data

1.3yrs

Average Tenure

Experienced Management: RIBT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Brent Rystrom
President1.3yrsUS$937.92k0.70% $373.5k
Joseph Gutman
Strategic Consultant & Member of Medical Advisory Board13.3yrsno datano data
Beth Bronner
Independent Director3.6yrsUS$105.47k0.35% $187.3k
David Chemerow
Independent Director1.3yrsUS$47.38k0.54% $288.4k
Ari Gendason
Independent Director3.6yrsUS$109.47k0.32% $173.1k
Barbara Levine
Member of the Scientific Advisory Board15.2yrsno datano data
Eliot Drell
Chairman of Medical Advisory Board0yrsUS$4.26kno data
Peter Bradley
Independent Director0.6yrsno data0.038% $20.5k
Harold Stein
Member of Medical Advisory Board14.8yrsno datano data
Brent Rosenthal
Independent Chairman3.6yrsUS$205.94k1.01% $540.8k

3.6yrs

Average Tenure

62.5yo

Average Age

Experienced Board: RIBT's board of directors are considered experienced (3.6 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 58.5%.


Top Shareholders

Company Information

RiceBran Technologies's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RiceBran Technologies
  • Ticker: RIBT
  • Exchange: NasdaqCM
  • Founded: 1998
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$53.573m
  • Shares outstanding: 39.98m
  • Website: https://www.ricebrantech.com

Number of Employees


Location

  • RiceBran Technologies
  • 1330 Lake Robbins Drive
  • Suite 250
  • The Woodlands
  • Texas
  • 77380
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RIBTNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDDec 2001
NTQ3BST (Boerse-Stuttgart)YesCommon StockDEEURDec 2001

Biography

RiceBran Technologies, an ingredient company, processes and markets healthy, natural, and nutrient dense products derived from raw rice bran. The company manufactures and distributes stabilized rice bran (SRB) in various granulations with other products and derivatives. It offers RiBalance, a rice bran nutritional package derived from further processing of SRB; RiSolubles, a nutritious carbohydrate and lipid rich fraction of RiBalance; RiFiber, a protein and fiber rich insoluble derivative of RiBalance; and derivatives composed of protein and protein/fiber blends under the ProRyza brand. The company also produces rice, barley, and oat products. It serves natural food markets, food and animal nutrition manufacturers, wholesalers, and retailers in the United States and internationally. The company was formerly known as NutraCea and changed its name to RiceBran Technologies in October 2012. RiceBran Technologies was founded in 1998 and is headquartered in The Woodlands, Texas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 00:49
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.