Reunert Limited operates in the fields of electrical engineering, information communication technologies (ICT), and applied electronics in South Africa, Australia, Lesotho, South Asia, the United States, and Zambia.
Price History & Performance
|Historical stock prices|
|Current Share Price||R49.11|
|52 Week High||R32.85|
|52 Week Low||R57.79|
|1 Month Change||-1.48%|
|3 Month Change||1.95%|
|1 Year Change||44.06%|
|3 Year Change||-36.28%|
|5 Year Change||-20.41%|
|Change since IPO||1,264.17%|
Recent News & Updates
|RLO||ZA Industrials||ZA Market|
Return vs Industry: RLO exceeded the ZA Industrials industry which returned 38.7% over the past year.
Return vs Market: RLO exceeded the ZA Market which returned 19% over the past year.
Stable Share Price: RLO is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: RLO's weekly volatility (6%) has been stable over the past year.
About the Company
Reunert Limited operates in the fields of electrical engineering, information communication technologies (ICT), and applied electronics in South Africa, Australia, Lesotho, South Asia, the United States, and Zambia. The company’s Electrical Engineering segment designs, manufactures, installs, and maintains power cables; copper and optical fiber telecommunications cables and cable ducts; low-voltage electrical distribution, protection, and control equipment; copper casted rods; and overhead aluminum conductors. It serves mining, utilities, municipalities, government and state-owned entities (SOEs), and building industries.
Reunert Fundamentals Summary
|RLO fundamental statistics|
Is RLO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RLO income statement (TTM)|
|Cost of Revenue||R5.86b|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Nov 24, 2021
|Earnings per share (EPS)||3.94|
|Net Profit Margin||7.48%|
How did RLO perform over the long term?See historical performance and comparison
5.3%Current Dividend Yield
Is Reunert undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RLO (ZAR49.11) is trading below our estimate of fair value (ZAR49.69)
Significantly Below Fair Value: RLO is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RLO is poor value based on its PE Ratio (12.4x) compared to the ZA Industrials industry average (11.2x).
PE vs Market: RLO is poor value based on its PE Ratio (12.4x) compared to the ZA market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RLO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RLO's PB Ratio (1.2x) is in line with the ZA Industrials industry average.
How is Reunert forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Reunert 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.
How has Reunert performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RLO has a large one-off gain of ZAR320.0M impacting its March 31 2021 financial results.
Growing Profit Margin: RLO's current net profit margins (7.5%) are higher than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: RLO's earnings have declined by 20.4% per year over the past 5 years.
Accelerating Growth: RLO's earnings growth over the past year (333.3%) exceeds its 5-year average (-20.4% per year).
Earnings vs Industry: RLO earnings growth over the past year (333.3%) exceeded the Industrials industry 35.6%.
Return on Equity
High ROE: RLO's Return on Equity (9.9%) is considered low.
How is Reunert's financial position?
Financial Position Analysis
Short Term Liabilities: RLO's short term assets (ZAR5.4B) exceed its short term liabilities (ZAR3.0B).
Long Term Liabilities: RLO's short term assets (ZAR5.4B) exceed its long term liabilities (ZAR360.0M).
Debt to Equity History and Analysis
Debt Level: RLO's debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: RLO's debt to equity ratio has increased from 7% to 12.9% over the past 5 years.
Debt Coverage: RLO's debt is well covered by operating cash flow (106.7%).
Interest Coverage: RLO's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is Reunert current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RLO's dividend (5.33%) is higher than the bottom 25% of dividend payers in the ZA market (3.14%).
High Dividend: RLO's dividend (5.33%) is low compared to the top 25% of dividend payers in the ZA market (7.52%).
Stability and Growth of Payments
Stable Dividend: RLO's dividend payments have been volatile in the past 10 years.
Growing Dividend: RLO's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.2%), RLO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alan Dickson (51 yo)
Mr. Alan Ernest Dickson, BB Sc.Eng (Elec), M.Sc (Eng), MBA, has been the Group Chief Executive Officer and Segment Head of Electrical Engineering at Reunert Ltd. since October 1, 2014 and October 2020 resp...
CEO Compensation Analysis
Compensation vs Market: Alan's total compensation ($USD1.23M) is above average for companies of similar size in the ZA market ($USD723.41K).
Compensation vs Earnings: Alan's compensation has increased by more than 20% in the past year.
Experienced Management: RLO's management team is seasoned and experienced (11.1 years average tenure).
Experienced Board: RLO's board of directors are considered experienced (6.5 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Reunert Limited's employee growth, exchange listings and data sources
- Name: Reunert Limited
- Ticker: RLO
- Exchange: JSE
- Founded: 1888
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: R7.930b
- Shares outstanding: 161.47m
- Website: https://www.reunert.com
Number of Employees
- Reunert Limited
- Nashua Building
- Woodmead North Office Park
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 21:34|
|End of Day Share Price||2021/10/25 00:00|
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.