RBC Bearings Incorporated (RBC)

NYSE: RBC · IEX Real-Time Price · USD
240.28
-5.59 (-2.27%)
Feb 7, 2023, 4:00 PM EST - Market closed

Total Valuation

RBC Bearings has a market cap or net worth of $6.97 billion. The enterprise value is $8.45 billion.

Market Cap 6.97B
Enterprise Value 8.45B

Important Dates

The next earnings date is Thursday, February 9, 2023, after market close.

Estimated Earnings Date Feb 9, 2023
Ex-Dividend Date n/a

Share Statistics

RBC Bearings has 29.02 million shares outstanding. The number of shares has increased by 14.09% in one year.

Shares Outstanding 29.02M
Shares Change (YoY) +14.09%
Shares Change (QoQ) +0.51%
Owned by Insiders (%) 1.82%
Owned by Institutions (%) 108.51%
Float 26.52M

Valuation Ratios

The trailing PE ratio is 87.06 and the forward PE ratio is 14.53. RBC Bearings's PEG ratio is 1.45.

PE Ratio 87.06
Forward PE 14.53
PS Ratio 5.17
Forward PS 4.43
PB Ratio 2.86
P/FCF Ratio 53.73
PEG Ratio 1.45
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 27.89, with an EV/FCF ratio of 65.11.

EV / Earnings 105.59
EV / Sales 6.26
EV / EBITDA 27.89
EV / EBIT 42.85
EV / FCF 65.11

Financial Position

The company has a current ratio of 2.98, with a Debt / Equity ratio of 0.64.

Current Ratio 2.98
Quick Ratio 1.06
Debt / Equity 0.64
Debt / EBITDA 5.17
Debt / FCF 12.06

Financial Efficiency

Return on equity (ROE) is 3.40% and return on invested capital (ROIC) is 7.60%.

Return on Equity (ROE) 3.40%
Return on Assets (ROA) 1.70%
Return on Capital (ROIC) 7.60%
Revenue Per Employee $275,772
Profits Per Employee $16,358
Employee Count 4,892
Asset Turnover 0.28
Inventory Turnover 1.78

Taxes

In the past 12 months, RBC Bearings has paid $34.62 million in taxes.

Income Tax 34.62M
Effective Tax Rate 30.20%

Stock Price Statistics

The stock price has increased by +40.26% in the last 52 weeks. The beta is 1.39, so RBC Bearings's price volatility has been higher than the market average.

Beta (1Y) 1.39
52-Week Price Change +40.26%
50-Day Moving Average 225.09
200-Day Moving Average 216.36
Average Volume (30 Days) 143,157

Short Selling Information

The latest short interest is 966,422, so 3.33% of the outstanding shares have been sold short.

Short Interest 966,422
Short Previous Month 1.01M
Short % of Shares Out 3.33%
Short % of Float 3.64%
Short Ratio (days to cover) 7.01

Income Statement

In the last 12 months, RBC Bearings had revenue of $1.35 billion and earned $80.02 million in profits. Earnings per share was $2.76.

Revenue 1.35B
Gross Profit 523.13M
Operating Income 301.66M
Pretax Income 137.64M
Net Income 80.02M
EBITDA 302.94M
EBIT 197.19M
Earnings Per Share (EPS) $2.76
Full Income Statement

Balance Sheet

The company has $88.50 million in cash and $1.57 billion in debt, giving a net cash position of -$1.48 billion or -$50.90 per share.

Cash & Cash Equivalents 88.50M
Total Debt 1.57B
Net Cash -1.48B
Net Cash Per Share -$50.90
Equity / Book Value 2.44B
Book Value Per Share 84.09
Working Capital 605.28M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $175.20 million and capital expenditures -$45.43 million, giving a free cash flow of $129.77 million.

Operating Cash Flow 175.20M
Capital Expenditures -45.43M
Free Cash Flow 129.77M
FCF Per Share $4.51
Full Cash Flow Statement

Margins

Gross margin is 38.78%, with operating and profit margins of 22.36% and 5.93%.

Gross Margin 38.78%
Operating Margin 22.36%
Pretax Margin 10.20%
Profit Margin 5.93%
EBITDA Margin 22.46%
EBIT Margin 14.62%
FCF Margin 9.62%

Dividends & Yields

RBC Bearings does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 1.15%
FCF Yield 1.86%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -14.09%
Shareholder Yield -14.09%
Dividend Details

Analyst Forecast

The average price target for RBC Bearings is $243.34, which is 1.27% higher than the current price. The consensus rating is "Buy".

Price Target $243.34
Price Target Difference 1.27%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (5Y) 15.58%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on August 15, 1994. It was a forward split with a ratio of 2:1.

Last Split Date Aug 15, 1994
Split Type Forward
Split Ratio 2:1