REC Silicon ASA

Company Profile

REC Silicon ASA had its IPO on under the ticker symbol RNWEF.

The company operates in the Technology sector and Semiconductor Equipment & Materials industry. REC Silicon ASA has a staff strength of 360 employees.

Stock update

Shares of REC Silicon ASA opened at $1.56 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.55 - $1.56, and closed at $1.55.

This is a +0.65% increase from the previous day's closing price.

A total volume of 911 shares were traded at the close of the day’s session.

In the last one week, shares of REC Silicon ASA have slipped by -3.73%.

REC Silicon ASA's Key Ratios

REC Silicon ASA has a market cap of $647.76 million, indicating a price to book ratio of 7.9667 and a price to sales ratio of 4.1641.

In the last 12-months REC Silicon ASA’s revenue was $134 million with a gross profit of $116.70 million and an EBITDA of $-71600000. The EBITDA ratio measures REC Silicon ASA's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, REC Silicon ASA’s operating margin was -63.43% while its return on assets stood at -16.06% with a return of equity of -152.8%.

In Q2, REC Silicon ASA’s quarterly earnings growth was a positive 0% while revenue growth was a negative 18.4%.

REC Silicon ASA’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

-0.05

Its diluted EPS in the last 12-months stands at $-0.23 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.05. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into REC Silicon ASA’s profitability.

REC Silicon ASA stock is trading at a EV to sales ratio of 3.8905 and a EV to EBITDA ratio of -23.3283. Its price to sales ratio in the trailing 12-months stood at 4.1641.

REC Silicon ASA stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$293.60 million

Total Liabilities

$64.80 million

Operating Cash Flow

$0

Capital Expenditure

$42.20 million

Dividend Payout Ratio

0%

REC Silicon ASA ended 2024 with $293.60 million in total assets and $0 in total liabilities. Its intangible assets were valued at $293.60 million while shareholder equity stood at $22.40 million.

REC Silicon ASA ended 2024 with $0 in deferred long-term liabilities, $64.80 million in other current liabilities, 59200000.00 in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $15.00 million and cash and short-term investments were $15.00 million. The company’s total short-term debt was $5,000,000 while long-term debt stood at $0.

REC Silicon ASA’s total current assets stands at $81.20 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $20.20 million compared to accounts payable of $28.20 million and inventory worth $45.90 million.

In 2024, REC Silicon ASA's operating cash flow was $0 while its capital expenditure stood at $42.20 million.

Comparatively, REC Silicon ASA paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.55

52-Week High

$2.07

52-Week Low

$1.23

Analyst Target Price

$

REC Silicon ASA stock is currently trading at $1.55 per share. It touched a 52-week high of $2.07 and a 52-week low of $2.07. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.61 and 200-day moving average was $1.56 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 3647% of the company’s stock are held by insiders while 1307.8% are held by institutions.