Ramaco Resources
Ramaco Resources, Inc. produces and sells metallurgical coal in the United States. The last earnings update was 36 days ago. More info.
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METC Share Price and Events
7 Day Returns
1 Year Returns
METC Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Ramaco Resources (METC) | 3.3% | -4.2% | 5.8% | -13.1% | - | - |
| US Metals and Mining | -3.6% | 0.4% | 6% | -22.4% | 15% | -11.3% |
| US Market | -0.1% | 3.7% | 10.2% | 7.6% | 38.1% | 46.4% |
1 Year Return vs Industry and Market
- METC outperformed the Metals and Mining industry which returned -22.4% over the past year.
- METC underperformed the Market in United States of America which returned 7.6% over the past year.
METC Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Ramaco Resources
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Ramaco Resources.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 4 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Metals and Mining Unlevered Beta | Simply Wall St/ S&P Global | 1.04 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.04 (1 + (1- 21%) (3.95%)) |
1.049 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.05 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.049 * 5.96%) |
8.98% |
Discounted Cash Flow Calculation for NasdaqGS:METC using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Ramaco Resources is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 8.98%) |
|
|---|---|---|---|
| 2019 | 29.13 | Analyst x3 | 26.73 |
| 2020 | 39.70 | Analyst x2 | 33.43 |
| 2021 | 107.00 | Analyst x1 | 82.67 |
| 2022 | 174.06 | Est @ 62.67% | 123.40 |
| 2023 | 251.85 | Est @ 44.69% | 163.84 |
| 2024 | 332.70 | Est @ 32.1% | 198.60 |
| 2025 | 410.20 | Est @ 23.29% | 224.68 |
| 2026 | 480.43 | Est @ 17.12% | 241.47 |
| 2027 | 541.95 | Est @ 12.8% | 249.95 |
| 2028 | 594.97 | Est @ 9.78% | 251.79 |
| Present value of next 10 years cash flows | $1,596.56 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $594.97 × (1 + 2.73%) ÷ (8.98% – 2.73%) |
$9,779.75 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $9,779.75 ÷ (1 + 8.98%)10 |
$4,138.75 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $1,596.56 + $4,138.75 |
$5,735.31 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $5,735.31 / 40.84 |
$140.43 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $140.43 |
| Current discount | Discount to share price of
$5.88
= -1 x ($5.88 - $140.43) / $140.43 |
95.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Ramaco Resources's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Ramaco Resources's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Ramaco Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Ramaco Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $0.63 |
| NasdaqGS:METC Share Price ** | NasdaqGS (2019-04-23) in USD | $5.88 |
| United States of America Metals and Mining Industry PE Ratio | Median Figure of 43 Publicly-Listed Metals and Mining Companies | 9.26x |
| United States of America Market PE Ratio | Median Figure of 3,080 Publicly-Listed Companies | 18.03x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Ramaco Resources.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:METC Share Price ÷ EPS (both in USD) = 5.88 ÷ 0.63 |
9.39x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Ramaco Resources is overvalued based on earnings compared to the US Metals and Mining industry average.
- Ramaco Resources is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Ramaco Resources's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 9.39x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts |
7.9%per year |
| United States of America Metals and Mining Industry PEG Ratio | Median Figure of 23 Publicly-Listed Metals and Mining Companies | 0.69x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.55x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 9.39x ÷ 7.9% |
1.19x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Ramaco Resources is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Ramaco Resources's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $3.52 |
| NasdaqGS:METC Share Price * | NasdaqGS (2019-04-23) in USD | $5.88 |
| United States of America Metals and Mining Industry PB Ratio | Median Figure of 101 Publicly-Listed Metals and Mining Companies | 1.41x |
| United States of America Market PB Ratio | Median Figure of 5,185 Publicly-Listed Companies | 1.92x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:METC Share Price ÷ Book Value per Share (both in USD) = 5.88 ÷ 3.52 |
1.67x |
* Primary Listing of Ramaco Resources.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Ramaco Resources is overvalued based on assets compared to the US Metals and Mining industry average.
Value checks
We assess Ramaco Resources's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check) Ramaco Resources has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
METC Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Ramaco Resources's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Ramaco Resources's earnings growth is positive but not above the United States of America market average.
- Ramaco Resources's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGS:METC Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts | 7.9% |
| NasdaqGS:METC Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts | 16.3% |
| United States of America Metals and Mining Industry Earnings Growth Rate | Market Cap Weighted Average | 15.3% |
| United States of America Metals and Mining Industry Revenue Growth Rate | Market Cap Weighted Average | 2.5% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.5% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | 486 | 1 | ||
| 2021-12-31 | 359 | 36 | 3 | |
| 2020-12-31 | 342 | 83 | 38 | 4 |
| 2019-12-31 | 268 | 65 | 52 | 3 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 228 | 36 | 25 |
| 2018-09-30 | 207 | 24 | 19 |
| 2018-06-30 | 160 | 0 | 7 |
| 2018-03-31 | 105 | 1 | -7 |
| 2017-12-31 | 61 | -9 | -15 |
| 2017-09-30 | 41 | -14 | -14 |
| 2017-06-30 | 28 | -3 | -10 |
| 2017-03-31 | 17 | -11 | -7 |
| 2016-12-31 | 5 | -4 | -8 |
| 2016-09-30 | 1 | -5 | -7 |
| 2016-06-30 | -3 | -6 | |
| 2016-03-31 | -1 | -6 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
All data from Ramaco Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2022-12-31 | ||||
| 2021-12-31 | 1.31 | 1.71 | 0.90 | 2.00 |
| 2020-12-31 | 0.95 | 1.33 | 0.58 | 2.00 |
| 2019-12-31 | 1.29 | 1.33 | 1.25 | 2.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.63 |
| 2018-09-30 | 0.48 |
| 2018-06-30 | 0.17 |
| 2018-03-31 | -0.18 |
| 2017-12-31 | -0.41 |
| 2017-09-30 | -0.36 |
| 2017-06-30 | -0.24 |
| 2017-03-31 | -0.17 |
| 2016-12-31 | -0.19 |
| 2016-09-30 | -0.33 |
| 2016-06-30 | -0.27 |
| 2016-03-31 | -0.26 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Ramaco Resources's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Ramaco Resources has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
METC Past Performance
How has Ramaco Resources performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Ramaco Resources has delivered over 20% year on year earnings growth in the past 5 years.
- Ramaco Resources has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
- Ramaco Resources has become profitable in the last year making it difficult to compare the US Metals and Mining industry average.
Earnings and Revenue History
All data from Ramaco Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 227.57 | 25.07 | 14.01 | |
| 2018-09-30 | 207.41 | 19.08 | 13.96 | |
| 2018-06-30 | 159.65 | 6.63 | 13.61 | |
| 2018-03-31 | 105.44 | -7.06 | 12.42 | |
| 2017-12-31 | 61.04 | -15.42 | 12.59 | |
| 2017-09-30 | 40.77 | -14.37 | 9.98 | |
| 2017-06-30 | 27.83 | -9.65 | 9.38 | |
| 2017-03-31 | 16.75 | -6.77 | 7.31 | |
| 2016-12-31 | 5.22 | -7.52 | 7.45 | |
| 2016-09-30 | 1.47 | -7.40 | 7.44 | |
| 2016-06-30 | -6.06 | 4.81 | ||
| 2016-03-31 | -5.81 | 4.72 | ||
| 2015-12-31 | -2.34 | 1.32 | ||
| 2014-12-31 | -1.77 | 0.76 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Ramaco Resources has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Ramaco Resources used its assets more efficiently than the US Metals and Mining industry average last year based on Return on Assets.
- Ramaco Resources has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess Ramaco Resources's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Ramaco Resources has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
METC Health
How is Ramaco Resources's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Ramaco Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
- Ramaco Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Ramaco Resources's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 3.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Ramaco Resources Company Filings, last reported 3 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 141.11 | 9.47 | 6.95 |
| 2018-09-30 | 137.02 | 14.84 | 5.48 |
| 2018-06-30 | 130.11 | 14.76 | 5.91 |
| 2018-03-31 | 119.21 | 5.79 | 7.32 |
| 2017-12-31 | 113.40 | 0.00 | 11.13 |
| 2017-09-30 | 115.64 | 0.00 | 29.12 |
| 2017-06-30 | 121.56 | 0.00 | 52.70 |
| 2017-03-31 | 125.05 | 0.00 | 73.62 |
| 2016-12-31 | 83.79 | 11.13 | 60.43 |
| 2016-09-30 | 89.00 | 10.63 | 68.86 |
| 2016-06-30 | 2.71 | 2.75 | 0.28 |
| 2016-03-31 | 6.66 | 0.00 | 0.99 |
| 2015-12-31 | 6.66 | 0.00 | 0.99 |
| 2014-12-31 | -0.97 | 0.00 |
- Ramaco Resources's level of debt (6.7%) compared to net worth is satisfactory (less than 40%).
- Unable to establish if Ramaco Resources's debt level has increased without past 5-year debt data.
- Debt is well covered by operating cash flow (380.4%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 16.9x coverage).
Financial health checks
We assess Ramaco Resources's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Ramaco Resources has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
METC Dividends
What is Ramaco Resources's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Ramaco Resources
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Ramaco Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Ramaco Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
| United States of America Metals and Mining Industry Average Dividend Yield | Market Cap Weighted Average of 30 Stocks | 2.5% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2008 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2022-12-31 | ||
| 2021-12-31 | ||
| 2020-12-31 | 0.00 | 1.00 |
| 2019-12-31 | 0.00 | 1.00 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Ramaco Resources has not reported any payouts.
- Unable to verify if Ramaco Resources's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Ramaco Resources's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Ramaco Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Ramaco Resources has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
METC Management
CEO
| COMPENSATION | $1,531,667 |
| AGE | 53 |
| TENURE AS CEO | 3.7 years |
CEO Bio
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 President at Ramaco, LLC since 2011 and is its sole owner. Mr. Bauersachs is an owner of MyDirectMD, LLC and the sole member of MDB Energy, LLC. He is an owner or controller of a number of other mining companies. Mr. Bauersachs has over 30 years of experience in the coal industry. His background has provided him with extensive experience in every major coal-producing region in the U.S. He served as Vice President of Planning for Massey Energy Co. (now Alpha Appalachia Holdings, Inc.) since May 3, 2005 and was responsible for acquiring over 1.5 billion tons of Appalachian coal reserves and numerous mining complexes. He held similar positions at Arch Mineral Corporation (now Arch Coal) and Zeigler Coal Holding Company, respectively. Mr. Bauersachs joined Massey Energy Co., as Director of Acquisitions in 1998 and has held primary responsibility for expanding its coal reserves. He served as General Manager of Land and Development for Phoenix Land Company from January 1996 to April 1996 and a Manager of its Property Development from August 1994 to December 1995. He also served as President of Phoenix Land Company, a subsidiary of Zeigler Coal Holding Co. since May 1996. Prior to joining Zeigler Coal Holding Co., he served as Vice President of Real Estate for Ark Land Company, a subsidiary of Arch Mineral Corporation. Since 1993 and prior thereto, he held various real estate positions within Ark Land Company. From 2010 to 2011, Mr. Bauersachs worked at Trinity Coal as Executive Vice President of Business Development & Land. From 1998 to 2010, he worked at Massey Energy Company. He has been a Director at Ramaco Resources, Inc. since August 2015. He is a founding member at Ramaco, LLC and Director since 2011. Mr. Bauersachs holds a B.S. degree from Illinois College and received his Masters of Business Administration degree from Southern Illinois University at Edwardsville in 1990.
CEO Compensation
- Michael's compensation has been consistent with company performance over the past year.
- Michael's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Ramaco Resources management team in years:
- The average tenure for the Ramaco Resources management team is less than 2 years, this suggests a new team.
Management Team
Randall Atkins
Executive Chairman & CFO
$2M
65
0.8 yrs
Michael Bauersachs
President
$2M
53
3.7 yrs
Mark Clemens
Executive VP & Chief Commercial Officer
$937K
51
3.3 yrs
Christopher Blanchard
Senior VP & COO
43
1.3 yrs
Michael Windisch
Chief Accounting Officer
42
2.5 yrs
Marc Solochek
Consultant
72
0.8 yrs
Board of Directors Tenure
Average tenure and age of the Ramaco Resources board of directors in years:
- The average tenure for the Ramaco Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors
Randall Atkins
Executive Chairman & CFO
$2M
65
3.7 yrs
Michael Bauersachs
President
$2M
53
3.7 yrs
Rick Whiting
Director
$146K
63
2.3 yrs
Pat Graney
Director
$146K
64
2.3 yrs
Bruce Cryder
Director
$100K
72
1.8 yrs
Bryan Lawrence
Director
76
2.3 yrs
William Keenan
Director
67
2.3 yrs
Tyler Reeder
Director
44
2.3 yrs
Trent Kososki
Director
36
2.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 10. Aug 18 | Buy | Bruce Cryder | Individual | 09. Aug 18 | 09. Aug 18 | 3,368 | $7.38 | $24,860 | ||
Management checks
We assess Ramaco Resources's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Ramaco Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
METC News
Simply Wall St News
What Kind Of Shareholder Owns Most Ramaco Resources, Inc. (NASDAQ:METC) Stock?
If you want to know who really controls Ramaco Resources, Inc. … With a market capitalization of US$229m, Ramaco Resources is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Ramaco Resources
Simply Wall St - – Full articleDoes Market Volatility Impact Ramaco Resources, Inc.'s (NASDAQ:METC) Share Price?
Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.
Simply Wall St - – Full articleDid You Manage To Avoid Ramaco Resources's (NASDAQ:METC) 15% Share Price Drop?
One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … Ramaco Resources managed to increase earnings per share from a loss to a profit, over the last 12 months. … Earnings per share growth rates aren't particularly useful for comparing with the share price, when a company has moved from loss to profit.
Simply Wall St - – Full articleWhat Investors Should Know About Ramaco Resources, Inc.'s (NASDAQ:METC) Financial Strength
Want to participate in a short research study? … Help shape the future of investing tools and receive a $20 prize! … (NASDAQ:METC) with its market cap of US$235m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.
Simply Wall St - – Full articleWhy You Should Like Ramaco Resources, Inc.’s (NASDAQ:METC) ROCE
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Simply Wall St - – Full articleWhy Ramaco Resources Inc (NASDAQ:METC) Is An Attractive Investment To Consider
As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook.
Simply Wall St - – Full articleShould You Be Tempted To Sell Ramaco Resources Inc (NASDAQ:METC) Because Of Its PE Ratio?
Ramaco Resources Inc (NASDAQ:METC) is currently trading at a trailing P/E of 48.5, which is higher than the industry average of 12.2. … Although some investors may see this as unappealing, it is important to understand the assumptions behind the P/E ratio before making judgments. … View our latest analysis for Ramaco Resources
Simply Wall St - – Full articleWhy Ramaco Resources Inc (NASDAQ:METC) Delivered An Inferior ROE Compared To The Industry
Ramaco Resources Inc’s (NASDAQ:METC) most recent return on equity was a substandard 5.10% relative to its industry performance of 10.92% over the past year. … Though METC's recent performance is underwhelming, it is useful to understand what ROE is made up of and how it should be interpreted. … Knowing these components can change your views on METC's below-average returns.
Simply Wall St - – Full articleMarket Sentiment Around Loss-Making Ramaco Resources Inc (NASDAQ:METC)
Ramaco Resources Inc's (NASDAQ:METC):. … The US$301.42m market-cap posted a loss in its most recent financial year of -US$15.42m and a latest trailing-twelve-month loss of -US$7.06m shrinking the gap between loss and breakeven? … Check out our latest analysis for Ramaco Resources
Simply Wall St - – Full articleMETC Company Info
Description
Ramaco Resources, Inc. produces and sells metallurgical coal in the United States. 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; and 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. Its development portfolio also comprises 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. The company was founded in 2015 and is headquartered in Lexington, Kentucky.
Details
| Name: | Ramaco Resources, Inc. |
| METC | |
| Exchange: | NasdaqGS |
| Founded: | 2015 |
| $240,139,064 | |
| 40,839,977 | |
| Website: | http://www.ramacoresources.com |
| Address: |
Ramaco Resources, Inc. 250 West Main Street, Suite 1800, Lexington, Kentucky, 40507, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGS | METC | Common Stock | Nasdaq Global Select | US | USD | 03. Feb 2017 | |
| DB | 5R0 | Common Stock | Deutsche Boerse AG | DE | EUR | 03. Feb 2017 |
Number of employees
Current staff
Industry
| Steel | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/24 00:56 |
| End of day share price update: | 2019/04/23 00:00 |
| Last estimates confirmation: | 2019/04/18 |
| Last earnings filing: | 2019/03/19 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
