NYSE:RTEC

Stock Analysis Report

Executive Summary

Rudolph Technologies, Inc. designs, develops, manufactures, and supports process control defect inspection and metrology, advanced packaging lithography, and process control software systems used by microelectronic device manufacturers.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.9%

RTEC

-0.9%

US Semiconductor

0.07%

US Market


1 Year Return

42.3%

RTEC

23.5%

US Semiconductor

8.9%

US Market

Return vs Industry: RTEC exceeded the US Semiconductor industry which returned 23.5% over the past year.

Return vs Market: RTEC exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

RTECIndustryMarket
7 Day0.9%-0.9%0.07%
30 Day3.0%1.9%-0.3%
90 Day-5.0%-1.3%-1.6%
1 Year42.3%42.3%26.0%23.5%11.3%8.9%
3 Year50.1%50.1%80.4%69.8%46.3%36.8%
5 Year203.5%203.5%129.7%106.0%62.1%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Rudolph Technologies undervalued compared to its fair value and its price relative to the market?

29.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RTEC ($27.16) is trading above our estimate of fair value ($13.1)

Significantly Below Fair Value: RTEC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RTEC is poor value based on its PE Ratio (30x) compared to the Semiconductor industry average (27.5x).

PE vs Market: RTEC is poor value based on its PE Ratio (30x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: RTEC is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: RTEC is good value based on its PB Ratio (2.2x) compared to the US Semiconductor industry average (2.7x).


Next Steps

Future Growth

How is Rudolph Technologies forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

41.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RTEC's forecast earnings growth (41% per year) is above the savings rate (2.7%).

Earnings vs Market: RTEC's earnings (41% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RTEC's revenue (14% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: RTEC's revenue (14% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if RTEC's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Rudolph Technologies performed over the past 5 years?

35.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RTEC has become profitable over the past 5 years, growing earnings by 35% per year.

Accelerating Growth: RTEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RTEC had negative earnings growth (-38.8%) over the past year, making it difficult to compare to the Semiconductor industry average (-6.2%).


Return on Equity

High ROE: RTEC's Return on Equity (7.5%) is considered low.


Return on Assets

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


Return on Capital Employed

ROCE Improving: RTEC's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Rudolph Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: RTEC's short term assets ($364.5M) exceeds its short term liabilities ($45.2M)

Long Term Liabilities: RTEC's short term assets (364.5M) exceeds its long term liabilities (21.3M)


Debt to Equity History and Analysis

Debt Level: RTEC is debt free.

Reducing Debt: RTEC has no debt compared to 5 years ago when its debt to equity ratio was 19.2%.

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

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


Balance Sheet

Inventory Level: RTEC has a high level of physical assets or inventory.

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.2%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

5.0yrs

Average management tenure


CEO

Mike Plisinski (49yo)

3.9yrs

Tenure

US$2,191,233

Compensation

Mr. Michael P. Plisinski, also known as Mike, has been Chairman and Chief Executive Officer of Rudolph Technologies Inc since November 30, 2015. Mr. Plisinski served as the Chief Operating Officer and Exec ...


CEO Compensation Analysis

Compensation vs. Market: Mike's total compensation ($USD2.19M) is about average for companies of similar size in the US market ($USD2.67M).

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


Management Age and Tenure

5.0yrs

Average Tenure

57yo

Average Age

Experienced Management: RTEC's management team is considered experienced (5 years average tenure).


Board Age and Tenure

11.1yrs

Average Tenure

67yo

Average Age

Experienced Board: RTEC's board of directors are seasoned and experienced ( 11.1 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Steven Roth (58yo)

    Senior VP of Finance & Administration

    • Tenure: 23.1yrs
    • Compensation: US$978.20k
  • Robert Koch (57yo)

    VP & General Counsel

    • Tenure: 16.4yrs
    • Compensation: US$583.26k
  • Mike Plisinski (49yo)

    Chairman

    • Tenure: 3.9yrs
    • Compensation: US$2.19m
  • Elvino da Silveira (59yo)

    Vice President of Business Development

    • Tenure: 2.2yrs
    • Compensation: US$486.56k
  • Richard Rogoff (52yo)

    VP & GM of Lithography Systems Group

    • Tenure: 6yrs
    • Compensation: US$498.54k
  • Mike Sheaffer

    Senior Director of IR

    • Tenure: 2.3yrs

Board Members

  • Tom Greig (71yo)

    Independent Director

    • Tenure: 16.8yrs
    • Compensation: US$200.60k
  • Dan Berry (73yo)

    Independent Director

    • Tenure: 21yrs
    • Compensation: US$171.85k
  • John Whitten (73yo)

    Independent Director

    • Tenure: 13.3yrs
    • Compensation: US$178.10k
  • Leo Berlinghieri (65yo)

    Independent Director

    • Tenure: 11.1yrs
    • Compensation: US$185.60k
  • Dave Miller (62yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$194.35k
  • Mike Plisinski (49yo)

    Chairman

    • Tenure: 3.9yrs
    • Compensation: US$2.19m
  • Vita Cassese (69yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$91.91k
  • Jeffrey Aukerman (53yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: US$178.10k

Company Information

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


Key Information

  • Name: Rudolph Technologies, Inc.
  • Ticker: RTEC
  • Exchange: NYSE
  • Founded: 1940
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$845.107m
  • Shares outstanding: 31.12m
  • Website: https://www.rudolphtech.com

Number of Employees


Location

  • Rudolph Technologies, Inc.
  • 16 Jonspin Road
  • Wilmington
  • Massachusetts
  • 1887
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RTECNYSE (New York Stock Exchange)YesCommon StockUSUSDNov 1999
RUDDB (Deutsche Boerse AG)YesCommon StockDEEURNov 1999

Biography

Rudolph Technologies, Inc. designs, develops, manufactures, and supports process control defect inspection and metrology, advanced packaging lithography, and process control software systems used by microe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 23:39
End of Day Share Price2019/10/23 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.