OTCPK:RDDC

Stock Analysis Report

Executive Summary

Reddy Ice Holdings, Inc. engages in the manufacture and distribution of packaged ice products in the United States.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Reddy Ice Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-80.0%

RDDC

-1.3%

US Food

0.4%

US Market


1 Year Return

-75.0%

RDDC

-0.2%

US Food

6.9%

US Market


Shareholder returns

RDDCIndustryMarket
7 Day-80.0%-1.3%0.4%
30 Day-95.1%-3.3%-1.2%
90 Dayn/a-1.6%-0.4%
1 Year-75.0%-75.0%2.8%-0.2%9.3%6.9%
3 Year-89.6%-89.6%-1.9%-10.5%45.8%36.4%
5 Year-99.0%-99.0%43.7%26.6%62.9%45.1%

Price Volatility Vs. Market

How volatile is Reddy Ice Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Reddy Ice Holdings undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate RDDC's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate RDDC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate RDDC's PE Ratio to determine if it is good value compared to the Food industry average.

PE vs Market: Insufficient data to calculate RDDC's PE Ratio to determine if it is good value compared to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate RDDC's PB Ratio to determine if it is good value.


Next Steps

Future Growth

How is Reddy Ice Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.2%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if RDDC's forecast earnings growth is above the savings rate (2.7%).

Earnings vs Market: Insufficient data to determine if RDDC's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if RDDC's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if RDDC's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Reddy Ice Holdings performed over the past 5 years?

6.4%

Historical Food, Beverage & Tobacco annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if RDDC's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare RDDC's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if RDDC's earnings growth over the past year exceeded the Food industry average.


Return on Equity

High ROE: RDDC has a negative Return on Equity (0%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: Insufficient data to calculate RDDC's Return on Assets to determine if it is higher than the Food industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate RDDC's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Reddy Ice Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if RDDC's short term assets cover its short term liabilities

Long Term Liabilities: RDDC has no long term liabilities


Debt to Equity History and Analysis

Debt Level: RDDC is debt free.

Reducing Debt: RDDC had no debt 5 years ago.


Balance Sheet

Information is not available.

Information is not available.


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: Insufficient data to determine if RDDC has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if RDDC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Reddy Ice Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if RDDC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RDDC'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 RDDC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Reddy Ice Holdings's salary, the management and board of directors tenure and is there insider trading?

10.2yrs

Average management tenure


CEO

Deb Conklin 0

1.8yrs

Tenure

0

Ms. Deborah Conklin, also known as Deb, has been the Chief Executive Officer of Reddy Ice Holdings, Inc. since October 2017. Ms. Conklin has been the President of Reddy Ice Corporation since February 2017  ...


Management Age and Tenure

10.2yrs

Average Tenure

58.5yo

Average Age

Experienced Management: RDDC's management team is seasoned and experienced (10.2 years average tenure).


Board Age and Tenure

13.6yrs

Average Tenure

70yo

Average Age

Experienced Board: RDDC's board of directors are seasoned and experienced ( 13.6 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.


Management Team

  • Steven Janusek (47yo)

    CFO & Executive VP

    • Tenure: 18.8yrs
    • Compensation: US$416.33k
  • Kenneth Fernandez (58yo)

    Chief Compliance Officer

    • Tenure: 9.4yrs
  • Nicholas Bolton (62yo)

    Senior Vice President of Manufacturing

    • Tenure: 10.3yrs
    • Compensation: US$300.64k
  • Steven Wilson (59yo)

    Senior Vice President of National Account Sales

    • Tenure: 10.3yrs
  • Angie Wallander (55yo)

    Chief Administrative Officer & Executive VP

    • Tenure: 10.1yrs
    • Compensation: US$486.62k
  • Rick Wach (70yo)

    Executive Vice President of Ice Leasing & Vending

    • Tenure: 9yrs
  • Spencer Stuart

    Head of Ongoing Search

    • Tenure: 11.3yrs
  • Catherine Nesbitt

    Vice-President of Human Resources

    • Tenure: 0yrs
  • Deb Conklin

    Chief Executive Officer

    • Tenure: 1.8yrs

Board Members

  • Robert Verdecchio (62yo)

    Director

    • Tenure: 13.8yrs
    • Compensation: US$93.02k
  • William Brick (67yo)

    Director

    • Tenure: 15.9yrs
    • Compensation: US$88.80k
  • Michael Rauch (80yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$88.80k
  • Mike McGrath (73yo)

    Independent Director

    • Tenure: 13.4yrs
    • Compensation: US$90.92k

Company Information

Reddy Ice Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Reddy Ice Holdings, Inc.
  • Ticker: RDDC
  • Exchange: OTCPK
  • Founded: 2003
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$3.170m
  • Shares outstanding: 22.81m
  • Website: https://www.reddyice.com

Location

  • Reddy Ice Holdings, Inc.
  • 8750 North Central Expressway
  • Suite 1800
  • Dallas
  • Texas
  • 75231
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RDDCOTCPK (Pink Sheets LLC)YesCOM NEWUSUSDJul 2012
RDDC.POTCPK (Pink Sheets LLC)7% PFD CONV SERUSUSDDec 2013

Biography

Reddy Ice Holdings, Inc. engages in the manufacture and distribution of packaged ice products in the United States. The company provides ice in cube, half-moon, cylindrical, and crushed forms, as well as i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/02 00:41
End of Day Share Price2019/06/27 00:00
Earnings2012/03/31
Annual Earnings2011/12/31


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.