RLX Stock Overview
RLX Technology Inc., together with its subsidiaries, researchers, develops, manufactures, distributes, and sells e-vapor products in the People's Republic of China.
No risks detected for RLX from our risk checks.
RLX Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$2.32|
|52 Week High||US$9.10|
|52 Week Low||US$1.16|
|1 Month Change||14.29%|
|3 Month Change||16.58%|
|1 Year Change||-74.39%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-92.14%|
Recent News & Updates
Here's What's Concerning About RLX Technology's (NYSE:RLX) Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
|RLX||US Tobacco||US Market|
Return vs Industry: RLX underperformed the US Tobacco industry which returned -65.3% over the past year.
Return vs Market: RLX underperformed the US Market which returned -18.4% over the past year.
|RLX Average Weekly Movement||11.5%|
|Tobacco Industry Average Movement||12.9%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: RLX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: RLX's weekly volatility (11%) has been stable over the past year.
About the Company
RLX Technology Inc., together with its subsidiaries, researchers, develops, manufactures, distributes, and sells e-vapor products in the People's Republic of China. It serves RELX branded partner stores and other retail outlets through distributors. RLX Technology Inc. was founded in 2018 and is based in Beijing, China.
RLX Technology Fundamentals Summary
|RLX fundamental statistics|
Is RLX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RLX income statement (TTM)|
|Cost of Revenue||CN¥4.61b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.94|
|Net Profit Margin||38.24%|
How did RLX perform over the long term?See historical performance and comparison
Is RLX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RLX?
Other financial metrics that can be useful for relative valuation.
|What is RLX's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does RLX's PE Ratio compare to its peers?
|RLX PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
VGR Vector Group
TPB Turning Point Brands
MO Altria Group
RLX RLX Technology
Price-To-Earnings vs Peers: RLX is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (16.1x).
Price to Earnings Ratio vs Industry
How does RLX's PE Ratio compare vs other companies in the Global Tobacco Industry?
Price-To-Earnings vs Industry: RLX is good value based on its Price-To-Earnings Ratio (8x) compared to the Global Tobacco industry average (12.2x)
Price to Earnings Ratio vs Fair Ratio
What is RLX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8x|
|Fair PE Ratio||23.9x|
Price-To-Earnings vs Fair Ratio: RLX is good value based on its Price-To-Earnings Ratio (8x) compared to the estimated Fair Price-To-Earnings Ratio (23.9x).
Share Price vs Fair Value
What is the Fair Price of RLX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: RLX ($2.32) is trading below our estimate of fair value ($22.07)
Significantly Below Fair Value: RLX is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: RLX is good value based on its PEG Ratio (0.8x)
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How is RLX Technology forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RLX's forecast earnings growth (10.4% per year) is above the savings rate (1.9%).
Earnings vs Market: RLX's earnings (10.4% per year) are forecast to grow slower than the US market (13.9% per year).
High Growth Earnings: RLX's earnings are forecast to grow, but not significantly.
Revenue vs Market: RLX's revenue (21.6% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: RLX's revenue (21.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RLX's Return on Equity is forecast to be low in 3 years time (11.6%).
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How has RLX Technology performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RLX has high quality earnings.
Growing Profit Margin: RLX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RLX's earnings have grown significantly by 93.3% per year over the past 5 years.
Accelerating Growth: RLX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RLX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Tobacco industry (6.9%).
Return on Equity
High ROE: RLX's Return on Equity (22%) is considered high.
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How is RLX Technology's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RLX's short term assets (CN¥11.6B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: RLX's short term assets (CN¥11.6B) exceed its long term liabilities (CN¥95.5M).
Debt to Equity History and Analysis
Debt Level: RLX has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RLX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RLX's debt is well covered by operating cash flow (1280.5%).
Interest Coverage: RLX earns more interest than it pays, so coverage of interest payments is not a concern.
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What is RLX Technology current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RLX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RLX'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 RLX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RLX'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 RLX has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kate Ying (39 yo)
Ms. Wang Ying, also known as Kate, is co-founder of RLX Technology Inc. and has been its Chairperson of Board of Directors and Chief Executive Officer since January 2, 2018. Ms. Wang has also served as the...
Experienced Management: RLX's management team is considered experienced (3.8 years average tenure).
Experienced Board: RLX's board of directors are not considered experienced ( 1.7 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
RLX Technology Inc.'s employee growth, exchange listings and data sources
- Name: RLX Technology Inc.
- Ticker: RLX
- Exchange: NYSE
- Founded: 2018
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: US$3.591b
- Shares outstanding: 1.55b
- Website: https://www.relxtech.com
Number of Employees
- RLX Technology Inc.
- Junhao Central Park Plaza
- 19th Floor, Building 1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 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.