AMEX:RVP

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Retractable Technologies

Executive Summary

Retractable Technologies, Inc. designs, develops, manufactures, and markets safety syringes and other medical products for the healthcare industry in the United States, rest of North and South America, and internationally. More Details


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-7.0%

RVP

-1.7%

US Medical Equipment

-0.8%

US Market


1 Year Return

454.8%

RVP

16.5%

US Medical Equipment

13.8%

US Market

Return vs Industry: RVP exceeded the US Medical Equipment industry which returned 16.5% over the past year.

Return vs Market: RVP exceeded the US Market which returned 13.8% over the past year.


Shareholder returns

RVPIndustryMarket
7 Day-7.0%-1.7%-0.8%
30 Day10.8%-3.5%-5.7%
90 Day-9.1%12.2%8.6%
1 Year454.8%454.8%17.5%16.5%16.4%13.8%
3 Year927.4%927.4%70.0%65.6%36.9%27.8%
5 Year77.2%77.2%139.5%121.3%85.0%64.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Retractable Technologies 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: RVP ($6.38) is trading below our estimate of fair value ($12.97)

Significantly Below Fair Value: RVP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RVP is good value based on its PE Ratio (33.3x) compared to the US Medical Equipment industry average (49.1x).

PE vs Market: RVP is poor value based on its PE Ratio (33.3x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RVP is overvalued based on its PB Ratio (6.5x) compared to the US Medical Equipment industry average (3.9x).


Next Steps

Future Growth

How is Retractable Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.4%

Forecasted Healthcare industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Retractable Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Retractable Technologies performed over the past 5 years?

-9.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RVP has a large one-off gain of $897.9K impacting its June 30 2020 financial results.

Growing Profit Margin: RVP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: RVP has become profitable over the past 5 years, growing earnings by -9% per year.

Accelerating Growth: RVP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RVP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Medical Equipment industry (1.8%).


Return on Equity

High ROE: RVP's Return on Equity (21.1%) is considered high.


Next Steps

Financial Health

How is Retractable Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: RVP's short term assets ($34.6M) exceed its short term liabilities ($11.0M).

Long Term Liabilities: RVP's short term assets ($34.6M) exceed its long term liabilities ($3.0M).


Debt to Equity History and Analysis

Debt Level: RVP's debt to equity ratio (11.7%) is considered satisfactory.

Reducing Debt: RVP's debt to equity ratio has increased from 10.8% to 11.7% over the past 5 years.

Debt Coverage: RVP's debt is well covered by operating cash flow (83.7%).

Interest Coverage: RVP earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if RVP'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 RVP'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?

22.7yrs

Average management tenure


CEO

Thomas Shaw (69 yo)

26.67yrs

Tenure

US$505,126

Compensation

Mr. Thomas J. Shaw is Founder of Retractable Technologies, Inc. and serves as its Chief Executive Officer and President. Mr. Shaw has over 25 years of experience in industrial product design and has develo ...


CEO Compensation Analysis

Compensation vs Market: Thomas's total compensation ($USD505.13K) is below average for companies of similar size in the US market ($USD1.36M).

Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Shaw
Founder26.67yrsUS$505.13k48.88%
$ 103.0m
John Fort
Director1.42yrsUS$200.92k0%
$ 0
Michele Larios
VP, General Counsel & Secretaryno dataUS$352.96k1.09%
$ 2.3m
Russell Kuhlman
Vice President of Sales Developmentno dataUS$151.70k0.040%
$ 83.6k
Kathryn Duesman
Executive Director of Global Healthno dataUS$178.49k0%
$ 0
Lawrence Salerno
Director of Operations22.67yrsno datano data
Patti King
Director of National Accountsno dataUS$140.88kno data

22.7yrs

Average Tenure

60yo

Average Age

Experienced Management: RVP's management team is seasoned and experienced (22.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Shaw
Founder26.67yrsUS$505.13k48.88%
$ 103.0m
John Fort
Director1.42yrsUS$200.92k0%
$ 0
Marco Laterza
Independent Director15.5yrsUS$6.00k0.19%
$ 398.7k
Amy Mack
Independent Director12.83yrsUS$4.00k0%
$ 0
Walter Bigby
Independent Director8.17yrsUS$6.00k0.32%
$ 669.9k
Darren Findley
Independent Director3yrsUS$6.00k0.013%
$ 26.8k

10.5yrs

Average Tenure

55.5yo

Average Age

Experienced Board: RVP's board of directors are seasoned and experienced ( 10.5 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Retractable Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Retractable Technologies, Inc.
  • Ticker: RVP
  • Exchange: AMEX
  • Founded: 1994
  • Industry: Health Care Supplies
  • Sector: Healthcare
  • Market Cap: US$210.777m
  • Shares outstanding: 33.04m
  • Website: https://www.retractable.com

Number of Employees


Location

  • Retractable Technologies, Inc.
  • 511 Lobo Lane
  • Little Elm
  • Texas
  • 75068-5295
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RVPAMEX (NYSE MKT LLC)YesCommon StockUSUSDMay 2001

Biography

Retractable Technologies, Inc. designs, develops, manufactures, and markets safety syringes and other medical products for the healthcare industry in the United States, rest of North and South America, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 04:29
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.