OTCPK:RSTA.Y

Stock Analysis Report

Executive Summary

RIB Software SE creates, develops, and sells software solutions for the construction enterprises and projects across various industries worldwide.


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.

Share Price & News

How has RIB Software's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RSTA.Y has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.0%

RSTA.Y

-9.9%

US Software

-10.6%

US Market


1 Year Return

n/a

RSTA.Y

20.4%

US Software

5.2%

US Market

Return vs Industry: Insufficient data to determine how RSTA.Y performed against the US Software industry.

Return vs Market: Insufficient data to determine how RSTA.Y performed against the US Market.


Shareholder returns

RSTA.YIndustryMarket
7 Day2.0%-9.9%-10.6%
30 Day42.3%-5.5%-8.5%
90 Day17.6%1.9%-4.6%
1 Yearn/a21.7%20.4%7.4%5.2%
3 Year152.8%147.8%122.5%112.9%31.7%23.2%
5 Year132.5%123.5%190.9%169.8%56.4%39.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is RIB Software undervalued compared to its fair value and its price relative to the market?

81.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RSTA.Y ($62.7) is trading above our estimate of fair value ($43.98)

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


Price To Earnings Ratio

PE vs Industry: RSTA.Y is poor value based on its PE Ratio (81.8x) compared to the Software industry average (45.3x).

PE vs Market: RSTA.Y is poor value based on its PE Ratio (81.8x) compared to the US market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: RSTA.Y is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: RSTA.Y is good value based on its PB Ratio (3.3x) compared to the US Software industry average (5.5x).


Next Steps

Future Growth

How is RIB Software forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

34.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RSTA.Y's forecast earnings growth (34.1% per year) is above the savings rate (1.7%).

Earnings vs Market: RSTA.Y's earnings (34.1% per year) are forecast to grow faster than the US market (13.2% per year).

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

Revenue vs Market: RSTA.Y's revenue (10.6% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: RSTA.Y's revenue (10.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RSTA.Y's Return on Equity is forecast to be low in 3 years time (6.3%).


Next Steps

Past Performance

How has RIB Software performed over the past 5 years?

2.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RSTA.Y has a large one-off gain of €7.4M impacting its September 30 2019 financial results.

Growing Profit Margin: RSTA.Y's current net profit margins (8.9%) are lower than last year (12.4%).


Past Earnings Growth Analysis

Earnings Trend: RSTA.Y's earnings have grown by 2.9% per year over the past 5 years.

Accelerating Growth: RSTA.Y's earnings growth over the past year (14.6%) exceeds its 5-year average (2.9% per year).

Earnings vs Industry: RSTA.Y earnings growth over the past year (14.6%) underperformed the Software industry 19%.


Return on Equity

High ROE: RSTA.Y's Return on Equity (3.9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is RIB Software's financial position?


Financial Position Analysis

Short Term Liabilities: RSTA.Y's short term assets (€202.8M) exceed its short term liabilities (€84.4M).

Long Term Liabilities: RSTA.Y's short term assets (€202.8M) exceed its long term liabilities (€65.4M).


Debt to Equity History and Analysis

Debt Level: RSTA.Y's debt to equity ratio (1.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if RSTA.Y's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: RSTA.Y's debt is well covered by operating cash flow (563.9%).

Interest Coverage: RSTA.Y earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: RSTA.Y's debt is covered by short term assets (assets are 32.9x debt).


Next Steps

Dividend

What is RIB Software's current dividend yield, its reliability and sustainability?

0.63%

Current Dividend Yield


Dividend Yield vs Market

company0.6%marketbottom25%1.6%markettop25%4.1%industryaverage1.3%forecastin3Years0.7%

Current dividend yield vs market & industry

Notable Dividend: RSTA.Y's dividend (0.62%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: RSTA.Y's dividend (0.62%) is low compared to the top 25% of dividend payers in the US market (3.96%).


Stability and Growth of Payments

Stable Dividend: RSTA.Y is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: RSTA.Y is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: RSTA.Y is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RSTA.Y'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?

2.8yrs

Average board tenure


CEO

Tom Wolf 0

€1,350,900

Compensation

Dipl.-Kim. Thomas Wolf, also known as Tom, serves as the Chief Executive Officer and Managing Director of RIB Software AG. Dipl.-Kim. Wolf has been Chairman of Administrative Board at RIB Software AG. He s ...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD1.47M) is below average for companies of similar size in the US market ($USD3.92M).

Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Thomas Wolf
Chairman of Administrative Board0yrs€1.35m17.69% 276.1m
Michael Sauer
CFO, MD & Deputy Chairman of Administrative Board0yrs€1.06mno data
Mads Rasmussen
MD, COO & Member of Administrative Board1.8yrs€473.80kno data
Matthias Rumpelhardt
Independent Member of Administrative Board2.8yrs€25.70kno data
Rüdiger Grube
Independent Non-Executive Member of the Administrative Board1.3yrs€1.50kno data
Martin Fischer
Independent Member of Administrative Board2.8yrs€14.40kno data
Klaus Hirschle
Independent Member of Administrative Board2.8yrs€21.90kno data

2.8yrs

Average Tenure

59yo

Average Age

Experienced Board: RSTA.Y's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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

RIB Software SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RIB Software SE
  • Ticker: RSTA.Y
  • Exchange: OTCPK
  • Founded: 1961
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €1.421b
  • Listing Market Cap: €1.560b
  • Shares outstanding: 49.39m
  • Website: https://www.rib-software.com/en

Number of Employees


Location

  • RIB Software SE
  • Vaihinger Strasse 151
  • Stuttgart
  • Baden-Württemberg
  • 70567
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
0P0CLSE (London Stock Exchange)YesBearer SharesGBEURNov 2009
RIBDB (Deutsche Boerse AG)YesBearer SharesDEEURNov 2009
RSTA.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDNov 2009
RIBXTRA (XETRA Trading Platform)YesBearer SharesDEEURNov 2009
RIBWBAG (Wiener Boerse AG)YesBearer SharesATEURNov 2009
RIBSWX (SIX Swiss Exchange)YesBearer SharesCHCHFNov 2009
RIBDBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURNov 2009
RIBETLX (Eurotlx)YesBearer SharesITEURNov 2009
RSTA.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDOct 2013

Biography

RIB Software SE creates, develops, and sells software solutions for the construction enterprises and projects across various industries worldwide. Its solutions include iTWO Civil, a CAD software for highway, earthwork, and sewer construction; iTWO e-tendering platform that provides e-business and e-tendering solutions for construction and supply services; and RIBTEC, an integrated software that allows structural engineers in structural designing of building and ground engineering, finite element calculation, and tunnel and bridge construction, as well as drawing of formwork and reinforcement plans. The company also provides project consultancy and management, installation and implementation, maintenance, training, and support services. RIB Software SE has a strategic alliance with Microsoft to establish a vertical cloud platform MTWO for the construction and real estate industries. The company was founded in 1961 and is headquartered in Stuttgart, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 02:17
End of Day Share Price2020/02/26 00:00
Earnings2019/09/30
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.