Rocky Mountain Chocolate Factory
Market Cap
US$52.2m
Last Updated
2019/11/19 23:42 UTC
Data Sources
Company Financials
Executive Summary
Rocky Mountain Chocolate Factory, Inc., together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator.
Snowflake
Fundamentals
Flawless balance sheet average dividend payer.
Share Price & News
How has Rocky Mountain Chocolate Factory's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RMCF has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.8%
RMCF
1.4%
US Food
0.9%
US Market
1 Year Return
1.0%
RMCF
4.3%
US Food
15.5%
US Market
Return vs Industry: RMCF underperformed the US Food industry which returned 4.3% over the past year.
Return vs Market: RMCF underperformed the US Market which returned 15.5% over the past year.
Shareholder returns
| RMCF | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.8% | 1.4% | 0.9% |
| 30 Day | -4.9% | 2.4% | 4.7% |
| 90 Day | -6.7% | 1.9% | 6.6% |
| 1 Year | 6.5%1.0% | 7.4%4.3% | 18.1%15.5% |
| 3 Year | -2.2%-13.8% | 2.8%-5.4% | 48.0%38.5% |
| 5 Year | -15.0%-31.1% | 37.5%21.2% | 62.1%44.2% |
Price Volatility Vs. Market
How volatile is Rocky Mountain Chocolate Factory's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Kind Of Shareholder Owns Most Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) Stock?3 weeks ago | Simply Wall St
Is Rocky Mountain Chocolate Factory, Inc.'s (NASDAQ:RMCF) ROE Of 12% Impressive?1 month ago | Simply Wall St
We Think Rocky Mountain Chocolate Factory (NASDAQ:RMCF) Can Stay On Top Of Its DebtValuation
Is Rocky Mountain Chocolate Factory undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RMCF ($8.71) is trading below our estimate of fair value ($17.58)
Significantly Below Fair Value: RMCF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RMCF is good value based on its PE Ratio (20.4x) compared to the Food industry average (24.7x).
PE vs Market: RMCF is poor value based on its PE Ratio (20.4x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RMCF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RMCF is overvalued based on its PB Ratio (2.5x) compared to the US Food industry average (2.3x).
Next Steps
Future Growth
How is Rocky Mountain Chocolate Factory forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.7%
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RMCF's earnings are forecast to decline over the next 3 years (0% per year).
Earnings vs Market: RMCF's earnings are forecast to decline over the next 3 years (0% per year).
High Growth Earnings: RMCF's earnings are forecast to decline over the next 3 years.
Revenue vs Market: Insufficient data to determine if RMCF's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if RMCF's revenue 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 RMCF's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Rocky Mountain Chocolate Factory performed over the past 5 years?
-11.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RMCF has high quality earnings.
Growing Profit Margin: RMCF's current net profit margins (7.4%) are higher than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: RMCF's earnings have declined by -11.5% per year over the past 5 years.
Accelerating Growth: RMCF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RMCF had negative earnings growth (-0.4%) over the past year, making it difficult to compare to the Food industry average (-17.5%).
Return on Equity
High ROE: RMCF's Return on Equity (12.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Rocky Mountain Chocolate Factory's financial position?
Financial Position Analysis
Short Term Liabilities: RMCF's short term assets ($14.6M) exceeds its short term liabilities ($5.1M)
Long Term Liabilities: RMCF's short term assets ($14.6M) exceeds its long term liabilities (3.2M)
Debt to Equity History and Analysis
Debt Level: RMCF's debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: RMCF's debt to equity ratio has reduced from 27% to 2.3% over the past 5 years.
Debt Coverage: RMCF's debt is well covered by operating cash flow (1150.9%).
Interest Coverage: RMCF's interest payments on its debt are well covered by EBIT (199.8x coverage).
Balance Sheet
Inventory Level: RMCF has a high level of physical assets or inventory.
Debt Coverage by Assets: RMCF's debt is covered by short term assets (assets are 30.4x debt).
Next Steps
Dividend
What is Rocky Mountain Chocolate Factory's current dividend yield, its reliability and sustainability?
5.51%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: RMCF's dividend (5.51%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: RMCF's dividend (5.51%) is in the top 25% of dividend payers in the US market (3.65%)
Stability and Growth of Payments
Stable Dividend: RMCF's dividends per share have been stable in the past 10 years.
Growing Dividend: RMCF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (112.6%), RMCF's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Rocky Mountain Chocolate Factory's salary, the management and board of directors tenure and is there insider trading?
18.4yrs
Average management tenure
CEO
Bryan Merryman (58yo)
0.8yrs
Tenure
US$344,125
Compensation
Mr. Bryan J. Merryman has been Chairman of the Board, Chief Executive Officer, Principal Accounting Officer and President of Rocky Mountain Chocolate Factory, Inc. since February 26, 2019. Mr. Merryman has ...
CEO Compensation Analysis
Compensation vs Market: Bryan's total compensation ($USD344.13K) is below average for companies of similar size in the US market ($USD509.77K).
Compensation vs Earnings: Bryan's compensation has been consistent with company performance over the past year.
Management Age and Tenure
18.4yrs
Average Tenure
58yo
Average Age
Experienced Management: RMCF's management team is seasoned and experienced (18.4 years average tenure).
Board Age and Tenure
15.1yrs
Average Tenure
67.5yo
Average Age
Experienced Board: RMCF's board of directors are seasoned and experienced ( 15.1 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 11,996 |
| Max Price | US$9.55 |
| Entity | Company |
| Shares | 303,770 |
| Max Price | US$9.62 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Franklin Crail (77yo)
Co-Founder & Director
- Tenure: 37yrs
- Compensation: US$404.67k
Bryan Merryman (58yo)
Chairman
- Tenure: 0.8yrs
- Compensation: US$344.13k
Edward Dudley (55yo)
Senior Vice President of Sales & Marketing
- Tenure: 18.4yrs
- Compensation: US$228.17k
Jay Haws (69yo)
Vice President of Creative Services
- Tenure: 28.3yrs
- Compensation: US$219.61k
William Jobson (63yo)
Chief Information Officer
- Tenure: 18.4yrs
Gregory Pope (53yo)
Senior Vice President of Development
- Tenure: 15.5yrs
- Compensation: US$226.69k
Tracy Wojcik (56yo)
Corporate Secretary
- Tenure: 8.6yrs
Board Members
Franklin Crail (77yo)
Co-Founder & Director
- Tenure: 37yrs
- Compensation: US$404.67k
Bryan Merryman (58yo)
Chairman
- Tenure: 0.8yrs
- Compensation: US$344.13k
Clyde Engle (76yo)
Independent Director
- Tenure: 19.8yrs
- Compensation: US$37.23k
Lee Mortenson (83yo)
Independent Director
- Tenure: 32.8yrs
- Compensation: US$49.47k
Scott Capdevielle (53yo)
Independent Director
- Tenure: 10.4yrs
- Compensation: US$44.48k
Brett Seabert (59yo)
Independent Director
- Tenure: 2.6yrs
- Compensation: US$44.48k
Company Information
Rocky Mountain Chocolate Factory, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Rocky Mountain Chocolate Factory, Inc.
- Ticker: RMCF
- Exchange: NasdaqGM
- Founded: 1981
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$52.216m
- Shares outstanding: 5.99m
- Website: https://www.rmcf.com
Number of Employees
Location
- Rocky Mountain Chocolate Factory, Inc.
- 265 Turner Drive
- Durango
- Colorado
- 81303
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RMCF | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Feb 1986 |
Biography
Rocky Mountain Chocolate Factory, Inc., together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator. It operates through five segments: Franchising, Manufactur ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/19 23:42 |
| End of Day Share Price | 2019/11/19 00:00 |
| Earnings | 2019/08/31 |
| Annual Earnings | 2019/02/28 |
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.