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RF Industries

Nasdaq:RFIL
Snowflake Description

Flawless balance sheet with outstanding track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RFIL
Nasdaq
$63M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Mexico, and internationally. The last earnings update was 7 days ago. More info.


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  • RF Industries has significant price volatility in the past 3 months.
RFIL Share Price and Events
7 Day Returns
-6%
NasdaqGM:RFIL
0.7%
US Electronic
1.6%
US Market
1 Year Returns
51.9%
NasdaqGM:RFIL
0%
US Electronic
3.2%
US Market
RFIL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
RF Industries (RFIL) -6% -9.7% -1.7% 51.9% 118.8% 4.6%
US Electronic 0.7% 0.9% 18.9% 0% 58.7% 59.1%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • RFIL outperformed the Electronic industry which returned 0% over the past year.
  • RFIL outperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
RFIL
Industry
5yr Volatility vs Market

Value

 Is RF Industries undervalued based on future cash flows and its price relative to the stock market?

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 RF Industries 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.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for RF Industries.

NasdaqGM:RFIL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. 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.

Calculation of Discount Rate/ Cost of Equity for NasdaqGM:RFIL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.071 (1 + (1- 21%) (0%))
1.048
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% + (1.048 * 5.96%)
8.97%

Discounted Cash Flow Calculation for NasdaqGM:RFIL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for RF Industries 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.

NasdaqGM:RFIL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.97%)
2019 5.03 Est @ 41.4% 4.62
2020 6.53 Est @ 29.8% 5.50
2021 7.95 Est @ 21.68% 6.14
2022 9.22 Est @ 15.99% 6.54
2023 10.33 Est @ 12.02% 6.72
2024 11.28 Est @ 9.23% 6.74
2025 12.10 Est @ 7.28% 6.63
2026 12.82 Est @ 5.91% 6.44
2027 13.45 Est @ 4.96% 6.21
2028 14.03 Est @ 4.29% 5.94
Present value of next 10 years cash flows $61.48
NasdaqGM:RFIL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $14.03 × (1 + 2.73%) ÷ (8.97% – 2.73%)
$230.85
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $230.85 ÷ (1 + 8.97%)10
$97.75
NasdaqGM:RFIL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $61.48 + $97.75
$159.23
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $159.23 / 9.36
$17.02
NasdaqGM:RFIL Discount to Share Price
Calculation Result
Value per share (USD) From above. $17.02
Current discount Discount to share price of $6.76
= -1 x ($6.76 - $17.02) / $17.02
60.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price RF Industries is available for.
Intrinsic value
>50%
Share price is $6.76 vs Future cash flow value of $17.02
Current Discount Checks
For RF Industries to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • RF Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • RF Industries'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 RF Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are RF Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:RFIL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-01-31) in USD $0.69
NasdaqGM:RFIL Share Price ** NasdaqGM (2019-03-19) in USD $6.76
United States of America Electronic Industry PE Ratio Median Figure of 92 Publicly-Listed Electronic Companies 19.48x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of RF Industries.

NasdaqGM:RFIL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:RFIL Share Price ÷ EPS (both in USD)

= 6.76 ÷ 0.69

9.79x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RF Industries is good value based on earnings compared to the US Electronic industry average.
  • RF Industries is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does RF Industries's expected growth come at a high price?
Raw Data
NasdaqGM:RFIL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.79x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-8.5%per year
United States of America Electronic Industry PEG Ratio Median Figure of 60 Publicly-Listed Electronic Companies 1.55x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for RF Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on RF Industries's assets?
Raw Data
NasdaqGM:RFIL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-01-31) in USD $3.07
NasdaqGM:RFIL Share Price * NasdaqGM (2019-03-19) in USD $6.76
United States of America Electronic Industry PB Ratio Median Figure of 151 Publicly-Listed Electronic Companies 2.1x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
NasdaqGM:RFIL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:RFIL Share Price ÷ Book Value per Share (both in USD)

= 6.76 ÷ 3.07

2.2x

* Primary Listing of RF Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RF Industries is overvalued based on assets compared to the US Electronic industry average.
X
Value checks
We assess RF Industries's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. RF Industries has a total score of 4/6, 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.

Future Performance

 How is RF Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover RF Industries, future earnings growth has been estimated based on fundamentals.
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!
Annual Growth Rate
-8.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is RF Industries expected to grow at an attractive rate?
  • RF Industries's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • RF Industries's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Unable to compare RF Industries's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:RFIL Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:RFIL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -8.5%
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17%
United States of America Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
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
Raw Data
NasdaqGM:RFIL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:RFIL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqGM:RFIL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-01-31 53 4 6
2018-10-31 50 6 6
2018-07-31 45 6 5
2018-04-30 39 5 4
2018-01-31 24 2 1
2017-10-31 23 2 0
2017-07-31 30 2 -3
2017-04-30 30 0 -4
2017-01-31 30 0 -4
2016-10-31 30 -1 -4
2016-07-31 31 -2 -1
2016-04-30 32 -1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • RF Industries's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if RF Industries is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:RFIL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from RF Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:RFIL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqGM:RFIL Past Financials Data
Date (Data in USD Millions) EPS *
2019-01-31 0.69
2018-10-31 0.66
2018-07-31 0.60
2018-04-30 0.44
2018-01-31 0.08
2017-10-31 0.02
2017-07-31 -0.35
2017-04-30 -0.45
2017-01-31 -0.45
2016-10-31 -0.46
2016-07-31 -0.08
2016-04-30 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if RF Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess RF Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
RF Industries has a total score of 0/6, 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.

Past Performance

  How has RF Industries 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
Below we compare RF Industries's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • RF Industries's year on year earnings growth rate has been positive over the past 5 years.
  • RF Industries's 1-year earnings growth exceeds its 5-year average (793.5% vs 12.1%)
  • RF Industries's earnings growth has exceeded the US Electronic industry average in the past year (793.5% vs 48.8%).
Earnings and Revenue History
RF Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from RF Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:RFIL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-01-31 52.88 6.36 8.45 1.48
2018-10-31 50.20 6.03 8.20 1.48
2018-07-31 45.11 5.44 7.82 1.43
2018-04-30 39.07 3.88 7.52 1.35
2018-01-31 24.33 0.71 5.77 0.92
2017-10-31 22.98 0.17 5.98 0.82
2017-07-31 30.15 -3.07 7.57 0.83
2017-04-30 29.98 -3.99 8.03 0.84
2017-01-31 30.07 -3.95 8.59 0.81
2016-10-31 30.24 -4.03 9.04 0.75
2016-07-31 30.84 -0.66 9.50 0.76
2016-04-30 31.52 0.14 9.62 0.75
2016-01-31 30.80 0.33 9.38 0.72
2015-10-31 30.91 0.69 9.21 0.78
2015-07-31 28.19 0.62 8.51 0.83
2015-04-30 25.41 0.92 7.75 0.85
2015-01-31 24.16 1.12 7.51 0.91
2014-10-31 23.12 1.34 7.24 0.95
2014-07-31 25.56 1.80 7.32 1.10
2014-04-30 29.50 2.72 7.68 1.07
2014-01-31 32.58 3.55 7.94 0.97
2013-10-31 36.63 4.74 8.21 1.00
2013-07-31 36.68 5.12 7.62 0.90
2013-04-30 34.20 4.63 7.38 0.96
2013-01-31 32.02 3.95 7.18 1.13
2012-10-31 27.69 2.61 6.93 1.13
2012-07-31 25.18 1.46 7.78 1.18
2012-04-30 23.13 0.74 8.18 1.19

*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.
  • RF Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • RF Industries used its assets more efficiently than the US Electronic industry average last year based on Return on Assets.
  • RF Industries 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).
X
Past performance checks
We assess RF Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
RF Industries has a total score of 6/6, 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.

Health

 How is RF Industries'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 RF Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • RF Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • RF Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of RF Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • RF Industries has no debt, it does not need to be covered by short term assets.
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.
Raw Data

All data from RF Industries Company Filings, last reported 1 month ago.

NasdaqGM:RFIL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-01-31 28.69 0.00 14.02
2018-10-31 27.78 0.00 16.33
2018-07-31 27.40 0.00 11.59
2018-04-30 25.19 0.00 8.49
2018-01-31 21.85 0.00 5.88
2017-10-31 21.34 0.00 5.21
2017-07-31 21.10 0.00 5.50
2017-04-30 21.00 0.00 4.32
2017-01-31 21.05 0.00 4.35
2016-10-31 21.39 0.00 5.26
2016-07-31 24.55 0.00 4.65
2016-04-30 25.11 0.00 5.02
2016-01-31 25.48 0.00 5.77
2015-10-31 26.37 0.00 7.60
2015-07-31 26.24 0.00 7.91
2015-04-30 26.36 0.00 10.39
2015-01-31 26.46 0.00 10.92
2014-10-31 25.86 0.00 14.72
2014-07-31 25.93 0.00 14.24
2014-04-30 26.03 0.00 13.42
2014-01-31 25.74 0.00 12.78
2013-10-31 25.54 0.00 11.88
2013-07-31 24.89 0.00 10.78
2013-04-30 24.31 0.00 8.49
2013-01-31 22.60 0.00 6.95
2012-10-31 20.23 0.00 5.49
2012-07-31 19.09 0.00 5.63
2012-04-30 18.58 0.00 4.56
  • RF Industries has no debt.
  • RF Industries has not taken on any debt in the past 5 years.
  • RF Industries has no debt, it does not need to be covered by operating cash flow.
  • RF Industries has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess RF Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. RF Industries has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

Dividends

 What is RF Industries'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
Dividend payments
1.18%
Current annual income from RF Industries dividends.
If you bought $2,000 of RF Industries shares you are expected to receive $24 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • RF Industries's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • RF Industries's dividend is below the markets top 25% of dividend payers in United States of America (3.63%).
Upcoming dividend payment

Purchase RF Industries on or before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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.
Raw Data
NasdaqGM:RFIL Annualized Past and Future Dividends
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 0 Analyst Estimates (S&P Global) See Below
United States of America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
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.

NasdaqGM:RFIL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
NasdaqGM:RFIL Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-08 0.080 1.149
2018-12-18 0.080 1.065
2018-09-06 0.080 1.024
2018-06-11 0.080 0.896
2018-03-09 0.080 1.505
2017-12-14 0.080 2.777
2017-09-12 0.080 3.369
2017-06-13 0.080 4.395
2017-03-15 0.080 5.107
2016-12-09 0.080 4.916
2016-09-14 0.080 4.634
2016-03-22 0.080 3.447
2016-03-21 0.080 2.615
2015-12-18 0.280 6.815
2015-09-08 0.280 6.217
2015-06-09 0.280 6.567
2015-03-12 0.280 6.851
2014-11-20 0.280 6.608
2014-09-05 0.280 5.945
2014-06-09 0.280 4.963
2014-03-10 0.280 4.590
2013-12-12 0.280 3.941
2013-09-10 0.280 3.246
2013-06-10 0.280 4.615
2012-12-10 0.200 3.496
2012-09-10 0.200 4.624
2012-06-07 0.200 5.100
2012-03-15 0.200 5.753
2011-12-08 0.200 5.427
2011-07-21 0.200 5.602
2011-06-07 0.100 2.673
2011-02-11 0.080 2.025
2010-12-22 0.060 1.708
2010-09-13 0.060 1.872
2010-06-08 0.000 0.000
2010-03-11 0.000 0.000
2010-01-29 0.000 0.000
2009-09-14 0.000 0.000
2009-06-12 0.000 0.000
2009-06-11 0.000 0.000
2009-03-20 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RF Industries has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but RF Industries only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of RF Industries's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (8.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess RF Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can RF Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. RF Industries has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of RF Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rob Dawson
COMPENSATION $495,871
AGE 44
TENURE AS CEO 1.7 years
CEO Bio

Mr. Robert D. Dawson, also known as Rob, has been Chief Executive Officer and President at RF Industries, Ltd. since July 17, 2017. Mr. Dawson served as Division President of Vision Technology Services at BG Staffing, Inc. since joining in September 2015. He joined Vision in 2014. Mr. Dawson served as the Chief Executive Officer and President at Vision Technology Services, LLC. He has experience in senior executive roles in sales, strategy and business development in technology companies and a track record of significant growth in multiple businesses. He spent from 2007 to 2013 at TESSCO Technologies. While at TESSCO, he held multiple executive roles in sales, marketing, product management and strategy culminating with being responsible for TESSCO’s global sales organization and managing a team delivering more than $600 million in sales. He joined TESSCO through the 2007 acquisition of NetForce Solutions, a technology training and consulting firm that he co-founded and lead as the Chief Executive Officer through seven years of growth before being acquired by TESSCO. He has been Director of RF Industries, Ltd. since June 21, 2018. He is known for his quick wit and positive outlook on the opportunity for business growth. He has been a frequent speaker on wireless and telecommunications developments and trends, including Distributed Antenna Systems. Mr. Dawson holds Bachelor's degree from Hillsdale College in Business Administration.

CEO Compensation
  • Rob's compensation has increased by more than 20% in the past year.
  • Rob's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the RF Industries management team in years:

5.2
Average Tenure
66
Average Age
  • The average tenure for the RF Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Rob Dawson

TITLE
President
COMPENSATION
$496K
AGE
44
TENURE
1.7 yrs

Howard Hill

TITLE
Founder & Director
COMPENSATION
$50K
AGE
77
TENURE
40.2 yrs

Mark Turfler

TITLE
Senior VP
COMPENSATION
$313K
AGE
66
TENURE
5.2 yrs
Board of Directors Tenure

Average tenure and age of the RF Industries board of directors in years:

9
Average Tenure
72
Average Age
  • The tenure for the RF Industries board of directors is about average.
Board of Directors

Marvin Fink

TITLE
Chairman of the Board
COMPENSATION
$50K
AGE
82
TENURE
12.2 yrs

Rob Dawson

TITLE
President
COMPENSATION
$496K
AGE
44
TENURE
0.8 yrs

Howard Hill

TITLE
Founder & Director
COMPENSATION
$50K
AGE
77
TENURE
40.2 yrs

William Reynolds

TITLE
Independent Director
COMPENSATION
$50K
AGE
83
TENURE
13.9 yrs

Joe Benoit

TITLE
Independent Director
COMPENSATION
$50K
AGE
64
TENURE
5.9 yrs

Gerald Garland

TITLE
Director
COMPENSATION
$50K
AGE
67
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
21. Jun 18 Buy Robert Dawson Individual 21. Jun 18 21. Jun 18 5,000 $7.00 $34,998
14. Jun 18 Sell Gerald Garland Individual 12. Jun 18 13. Jun 18 -10,000 $8.16 $-80,934
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Management checks
We assess RF Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. RF Industries 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.

News

Simply Wall St News

Is RF Industries, Ltd.'s (NASDAQ:RFIL) 22% ROE Better Than Average?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Another way to think of that is that for every $1 worth of equity in the company, it was able to earn $0.22. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Investors In RF Industries, Ltd. (NASDAQ:RFIL) Should Consider This Data

A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Let's dig deeper into whether RF Industries should have a place in your portfolio. … View our latest analysis for RF Industries

Simply Wall St -

How Much Are RF Industries, Ltd. (NASDAQ:RFIL) Insiders Taking Off The Table?

RF Industries Insider Transactions Over The Last Year. … That means that an insider was selling shares at around the current price of US$7.90 … Gerald Garland was the only individual insider to sell shares in the last twelve months.

Simply Wall St -

What Investors Should Know About RF Industries, Ltd.'s (NASDAQ:RFIL) Financial Strength

(NASDAQ:RFIL), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … While RFIL has no debt on its balance sheet, it doesn’t necessarily mean it exhibits financial strength. … Is RFIL right in choosing financial flexibility over lower cost of capital.

Simply Wall St -

RF Industries, Ltd. (NASDAQ:RFIL) Is Employing Capital Very Effectively

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Is RF Industries Ltd's (NASDAQ:RFIL) 21% Better Than Average?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows RF Industries has a return on equity of 21% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Kind Of Shareholders Own RF Industries Ltd (NASDAQ:RFIL)?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … RF Industries is a smaller company with a market capitalization of US$73m, so it may still be flying under the radar of many institutional investors. … institutional investors have bought into the company.

Simply Wall St -

Is RF Industries Ltd's (NASDAQ:RFIL) PE Ratio A Signal To Buy For Investors?

I am writing today to help inform people who are new to the stock market. … and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … While this makes RFIL appear like a good stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio.

Simply Wall St -

Understanding Your Return On Investment In RF Industries Ltd (NASDAQ:RFIL)

This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … Thus, to understand how your money can grow by investing in RF Industries, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … What is Return on Capital Employed (ROCE)?

Simply Wall St -

Should You Be Concerned About RF Industries Ltd's (NASDAQ:RFIL) Earnings Growth?

In this article, I will take a look at RF Industries Ltd's (NASDAQ:RFIL) most recent earnings update (30 April 2018) and compare these latest figures against its performance over the past few years, along with how the rest of RFIL's industry performed. … Have RFIL's earnings improved against past performances and the industry … RFIL's trailing twelve-month earnings (from 30 April 2018) of US$4.13m has

Simply Wall St -

Company Info

Description

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Mexico, and internationally. The company’s RF Connector and Cable Assembly division designs, manufactures, and distributes coaxial connectors and cable assemblies that are integrated with coaxial connectors. Its Cables Unlimited division manufactures and sells custom and standard cable assemblies, hybrid fiber optic power solution cables, adapters, and electromechanical wiring harnesses for communication, computer, LAN, automotive, and medical equipment. Its Rel-Tech Electronics division designs and manufactures cable assemblies and wiring harnesses for blue chip industrial, oilfield, instrumentation, medical, and military customers. The company sells its products through warehousing distributors and original equipment manufacturer (OEM) customers. It serves telecommunications carriers, wireless and network infrastructure carriers, data center and co-location companies, and OEMs. The company was formerly known as Celltronics, Inc. and changed its name to RF Industries, Ltd. in November 1990. RF Industries, Ltd. was founded in 1979 and is headquartered in San Diego, California.

Details
Name: RF Industries, Ltd.
RFIL
Exchange: NasdaqGM
Founded: 1979
$63,252,880
9,356,935
Website: http://www.rfindustries.com
Address: RF Industries, Ltd.
Building 6000,
7610 Miramar Road,
San Diego,
California, 92126,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM RFIL Common Stock Nasdaq Global Market US USD 26. Mar 1985
DB RF5 Common Stock Deutsche Boerse AG DE EUR 26. Mar 1985
Number of employees
Current staff
Staff numbers
186
RF Industries employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:41
End of day share price update: 2019/03/19 00:00
Last estimates confirmation: 2018/01/24
Last earnings filing: 2019/03/12
Last earnings reported: 2019/01/31
Last annual earnings reported: 2018/10/31


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.