NasdaqCM:RBCN

Stock Analysis Report

Executive Summary

Rubicon Technology, Inc. provides monocrystalline sapphire for applications in optical and industrial systems.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Share Price & News

How has Rubicon Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.5%

RBCN

3.0%

US Semiconductor

1.8%

US Market


1 Year Return

10.2%

RBCN

20.6%

US Semiconductor

7.3%

US Market

Return vs Industry: RBCN underperformed the US Semiconductor industry which returned 20.6% over the past year.

Return vs Market: RBCN underperformed the US Market which returned 7.3% over the past year.


Shareholder returns

RBCNIndustryMarket
7 Day-1.5%3.0%1.8%
30 Day-4.8%-0.02%-0.7%
90 Day2.5%4.7%0.06%
1 Year10.2%10.2%22.9%20.6%9.7%7.3%
3 Year42.1%42.1%82.2%71.5%46.3%36.9%
5 Year-79.8%-79.8%137.4%112.9%64.5%46.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Rubicon Technology undervalued compared to its fair value and its price relative to the market?

323.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: RBCN is poor value based on its PE Ratio (323.3x) compared to the Semiconductor industry average (27.6x).

PE vs Market: RBCN is poor value based on its PE Ratio (323.3x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RBCN is good value based on its PB Ratio (0.7x) compared to the US Semiconductor industry average (2.8x).


Next Steps

Future Growth

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

19.1%

Forecasted Semiconductors 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 Rubicon Technology 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 Rubicon Technology performed over the past 5 years?

31.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RBCN has become profitable over the past 5 years, growing earnings by 31.2% per year.

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

Earnings vs Industry: RBCN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (-6.2%).


Return on Equity

High ROE: RBCN's Return on Equity (0.2%) is considered low.


Return on Assets

ROA vs Industry: RBCN's Return on Assets is below or equal to the Semiconductor industry average last year.


Return on Capital Employed

ROCE Improving: RBCN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Rubicon Technology's financial position?


Financial Position Analysis

Short Term Liabilities: RBCN's short term assets ($32.2M) exceeds its short term liabilities ($1.6M)

Long Term Liabilities: RBCN has no long term liabilities


Debt to Equity History and Analysis

Debt Level: RBCN is debt free.

Reducing Debt: RBCN had no debt 5 years ago.

Debt Coverage: RBCN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RBCN has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: RBCN has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if RBCN's debt is covered by short term assets.


Next Steps

Dividend

What is Rubicon Technology's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.7%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if RBCN'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 RBCN'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 Rubicon Technology's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average management tenure


CEO

Timothy Brog (55yo)

2.6yrs

Tenure

US$559,169

Compensation

Mr. Timothy E. Brog has been Chief Executive Officer and President of Rubicon Technology, Inc. since March 17, 2017. Mr. Brog serves as the President of Locksmith Capital Management LLC. Mr. Brog served as ...


CEO Compensation Analysis

Compensation vs. Market: Timothy's total compensation ($USD559.17K) is about average for companies of similar size in the US market ($USD491.38K).

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


Management Age and Tenure

2.6yrs

Average Tenure

57yo

Average Age

Experienced Management: RBCN's management team is considered experienced (2.6 years average tenure).


Board Age and Tenure

2.3yrs

Average Tenure

54.5yo

Average Age

Experienced Board: RBCN's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$16,57212 Jun 19
Timothy Brog
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares2,051
Max PriceUS$8.08
BuyUS$63,60610 Jun 19
Timothy Brog
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares7,949
Max PriceUS$8.04

Ownership Breakdown


Management Team

  • Timothy Brog (55yo)

    CEO, President & Director

    • Tenure: 2.6yrs
    • Compensation: US$559.17k
  • Bill Weissman (60yo)

    Consultant

    • Tenure: 2.6yrs
    • Compensation: US$68.12k
  • Dee Johnson

    Vice President of Investor Relations

    • Tenure: 0yrs
  • Hap Hewes (55yo)

    Senior Vice President of Optical

    • Tenure: 4.7yrs
    • Compensation: US$232.83k
  • Mardel Graffy (59yo)

    Consultant

    • Tenure: 1.3yrs
    • Compensation: US$227.10k
  • Jason Yu

    Vice President of Sales

    • Tenure: 10.1yrs
  • Elena Dobrovinskaya

    Chief Scientist

    • Tenure: 0yrs

Board Members

  • Michael Mikolajczyk (67yo)

    Independent Chairman of the Board

    • Tenure: 1.8yrs
    • Compensation: US$35.00k
  • Timothy Brog (55yo)

    CEO, President & Director

    • Tenure: 2.6yrs
    • Compensation: US$559.17k
  • Jeff Gramm (43yo)

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: US$25.00k
  • Susan Westphal (54yo)

    Independent Director

    • Tenure: 2.6yrs
    • Compensation: US$25.00k

Company Information

Rubicon Technology, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Rubicon Technology, Inc.
  • Ticker: RBCN
  • Exchange: NasdaqCM
  • Founded: 2001
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$23.214m
  • Shares outstanding: 2.68m
  • Website: https://www.rubicontechnology.com

Number of Employees


Location

  • Rubicon Technology, Inc.
  • 900 East Green Street
  • Unit A
  • Bensenville
  • Illinois
  • 60106
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RBCNNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDNov 2007
39YADB (Deutsche Boerse AG)YesCommon StockDEEURNov 2007

Biography

Rubicon Technology, Inc. provides monocrystalline sapphire for applications in optical and industrial systems. It offers optical and industrial sapphire products in various shapes and sizes, including roun ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 00:07
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.