Ramaco Resources
Market Cap
US$103.8m
Last Updated
2020/08/07 23:57 UTC
Data Sources
Company Financials +
Executive Summary
Ramaco Resources, Inc. produces and sells metallurgical coal The company’s development portfolio includes the Elk Creek project consisting of approximately 20,552 acres of controlled mineral and 24 seams located in southern West Virginia; the Berwind coal property comprising approximately 31,200 acres of controlled mineral and an area of Squire Jim seam coal deposits, which is situated on the border of West Virginia and Virginia; the Knox Creek property consisting of approximately 61,343 acres of controlled mineral that is located in Virginia; and the RAM Mine property comprising approximately 1,567 acres of controlled mineral, which is situated in southwestern Pennsylvania.
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with high growth potential.
Similar Companies
Share Price & News
How has Ramaco Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: METC has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
9.5%
METC
3.6%
US Metals and Mining
2.5%
US Market
1 Year Return
-32.3%
METC
25.2%
US Metals and Mining
16.3%
US Market
Return vs Industry: METC underperformed the US Metals and Mining industry which returned 26.2% over the past year.
Return vs Market: METC underperformed the US Market which returned 15.8% over the past year.
Shareholder returns
| METC | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.5% | 3.6% | 2.5% |
| 30 Day | 11.0% | 13.2% | 5.6% |
| 90 Day | 18.5% | 20.7% | 16.4% |
| 1 Year | -32.3%-32.3% | 27.9%25.2% | 18.8%16.3% |
| 3 Year | -66.3%-66.3% | 20.0%12.3% | 45.1%35.7% |
| 5 Year | n/a | 91.2%74.1% | 75.8%56.8% |
Price Volatility Vs. Market
How volatile is Ramaco Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Do Insiders Own Shares In Ramaco Resources, Inc. (NASDAQ:METC)?3 months ago | Simply Wall St
Ramaco Resources (NASDAQ:METC) Has A Pretty Healthy Balance Sheet3 months ago | Simply Wall St
Did You Manage To Avoid Ramaco Resources's (NASDAQ:METC) Painful 69% Share Price Drop?Valuation
Is Ramaco Resources 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: METC ($2.43) is trading below our estimate of fair value ($21.17)
Significantly Below Fair Value: METC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: METC is good value based on its PE Ratio (8.4x) compared to the US Metals and Mining industry average (15.1x).
PE vs Market: METC is good value based on its PE Ratio (8.4x) compared to the US market (18.8x).
Price to Earnings Growth Ratio
PEG Ratio: METC is good value based on its PEG Ratio (0.1x)
Price to Book Ratio
PB vs Industry: METC is good value based on its PB Ratio (0.6x) compared to the US Metals and Mining industry average (1.9x).
Next Steps
Future Growth
How is Ramaco Resources forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
72.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: METC's forecast earnings growth (72.7% per year) is above the savings rate (2.2%).
Earnings vs Market: METC's earnings (72.7% per year) are forecast to grow faster than the US market (22.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: METC's revenue (29.6% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: METC's revenue (29.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: METC's Return on Equity is forecast to be low in 3 years time (11.4%).
Next Steps
Past Performance
How has Ramaco Resources performed over the past 5 years?
61.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: METC has high quality earnings.
Growing Profit Margin: METC's current net profit margins (6.5%) are lower than last year (11.8%).
Past Earnings Growth Analysis
Earnings Trend: METC has become profitable over the past 5 years, growing earnings by 61.9% per year.
Accelerating Growth: METC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: METC had negative earnings growth (-55.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (-23.8%).
Return on Equity
High ROE: METC's Return on Equity (6.8%) is considered low.
Next Steps
Financial Health
How is Ramaco Resources's financial position?
Financial Position Analysis
Short Term Liabilities: METC's short term assets ($54.2M) exceed its short term liabilities ($27.8M).
Long Term Liabilities: METC's short term assets ($54.2M) exceed its long term liabilities ($37.7M).
Debt to Equity History and Analysis
Debt Level: METC's debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if METC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: METC's debt is well covered by operating cash flow (176%).
Interest Coverage: METC's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Ramaco Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate METC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate METC'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 METC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if METC'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 METC'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
Michael Bauersachs (55 yo)
5yrs
Tenure
US$2,210,191
Compensation
Mr. Michael D. Bauersachs serves as the Chief Executive Officer and President at Ramaco Resources, Inc., Sole Managing Member of Ramaco Development, LLC since August 2015. Mr. Bauersachs has been the Presi ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD2.21M) is above average for companies of similar size in the US market ($USD598.76K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 5yrs | US$2.21m | 6.14% $ 6.4m | |
| Founder | 5yrs | US$2.21m | 6.26% $ 6.5m | |
| Senior VP & COO | 2.58yrs | US$1.12m | 0.84% $ 876.9k | |
| Chief Financial Officer | 1.25yrs | no data | 0.63% $ 652.0k | |
| Chief Accounting Officer & Controller | 1.08yrs | no data | 0.20% $ 209.2k | |
| Senior VP & Chief Marketing Officer | 0.33yr | no data | 0.11% $ 119.1k | |
| Consultant | 1.08yrs | no data | 0.10% $ 107.3k | |
| Executive VP & Chief Commercial Officer | 4.58yrs | US$937.08k | no data |
1.3yrs
Average Tenure
53yo
Average Age
Experienced Management: METC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 5yrs | US$2.21m | 6.14% $ 6.4m | |
| Founder | 5yrs | US$2.21m | 6.26% $ 6.5m | |
| Non-Independent Director | 0.75yr | no data | no data | |
| Non-Independent Director | 3.67yrs | no data | no data | |
| Independent Director | 3.67yrs | US$225.00k | 0.19% $ 195.5k | |
| Independent Director | 3.67yrs | US$225.00k | 0.33% $ 346.2k | |
| Independent Director | 3.17yrs | US$225.00k | 0.20% $ 204.8k | |
| Non-Independent Director | 3.67yrs | no data | no data | |
| Non-Independent Director | 0.75yr | no data | no data | |
| Independent Director | 1.17yrs | US$137.16k | 0.10% $ 107.0k |
3.7yrs
Average Tenure
65.5yo
Average Age
Experienced Board: METC's board of directors are considered experienced (3.7 years average tenure).
Ownership
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.
Top Shareholders
Company Information
Ramaco Resources, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ramaco Resources, Inc.
- Ticker: METC
- Exchange: NasdaqGS
- Founded: 2015
- Industry: Steel
- Sector: Materials
- Market Cap: US$103.793m
- Shares outstanding: 42.71m
- Website: https://www.ramacoresources.com
Number of Employees
Location
- Ramaco Resources, Inc.
- 250 West Main Street
- Suite 1800
- Lexington
- Kentucky
- 40507
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| METC | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Feb 2017 |
| 5R0 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 2017 |
Biography
Ramaco Resources, Inc. produces and sells metallurgical coal The company’s development portfolio includes the Elk Creek project consisting of approximately 20,552 acres of controlled mineral and 24 seams l ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/07 23:57 |
| End of Day Share Price | 2020/08/07 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.