NasdaqCM:RBCN

Stock Analysis Report

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Market Cap

US$22.9m

Last Updated

2021/08/01 22:11 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: RBCN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: RBCN's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

4.4%

RBCN

2.3%

US Semiconductor

-0.4%

US Market


1 Year Return

16.9%

RBCN

55.6%

US Semiconductor

35.9%

US Market

Return vs Industry: RBCN underperformed the US Semiconductor industry which returned 55.6% over the past year.

Return vs Market: RBCN underperformed the US Market which returned 35.9% over the past year.


Shareholder returns

RBCNIndustryMarket
7 Day4.4%2.3%-0.4%
30 Day-0.03%-0.2%-0.3%
90 Day-10.6%11.0%3.1%
1 Year16.9%16.9%57.6%55.6%38.0%35.9%
3 Year13.9%13.9%129.6%118.2%62.9%52.7%
5 Year34.3%34.3%298.9%261.9%121.3%96.9%

Long-Term 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?

67.93x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

Significantly Below Fair Value: 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 (67.9x) compared to the US Semiconductor industry average (34.6x).

PE vs Market: RBCN is poor value based on its PE Ratio (67.9x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

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 (0.8x) compared to the US Semiconductor industry average (4.7x).


Future Growth

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

14.0%

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.


Past Performance

How has Rubicon Technology performed over the past 5 years?

72.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RBCN has a large one-off gain of $2.2M impacting its March 31 2021 financial results.

Growing Profit Margin: RBCN became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: RBCN has become profitable over the past 5 years, growing earnings by 72.3% 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 (55.6%).


Return on Equity

High ROE: RBCN's Return on Equity (1.2%) is considered low.


Financial Health

How is Rubicon Technology's financial position?


Financial Position Analysis

Short Term Liabilities: RBCN's short term assets ($27.7M) exceed its short term liabilities ($1.3M).

Long Term Liabilities: RBCN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: RBCN is debt free.

Reducing Debt: RBCN has no debt compared to 5 years ago when its debt to equity ratio was 1.4%.

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


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate RBCN'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 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

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Timothy Brog (57 yo)

4.33yrs

Tenure

US$526,880

Compensation

Mr. Timothy E. Brog has been Chief Executive Officer and President of Rubicon Technology, Inc. since March 17, 2017 and serves as its Acting Chief Financial Officer since April 2021. Mr. Brog serves as Act...


CEO Compensation Analysis

Compensation vs Market: Timothy's total compensation ($USD526.88K) is about average for companies of similar size in the US market ($USD551.21K).

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


Leadership Team

Experienced Management: RBCN's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: RBCN's board of directors are considered experienced (4 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.


Ownership Breakdown

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


Top Shareholders

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$22.950m
  • Shares outstanding: 2.44m
  • Website: https://www.rubicontechnology.com

Number of Employees


Location

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

Listings


Biography

Rubicon Technology, Inc. provides monocrystalline sapphire for applications in optical and industrial systems. It operates in Sapphire and Pharmacy segments. The company offers optical and industrial sapph...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/01 22:11
End of Day Share Price2021/07/30 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.