Reservoir Media Inc

Company Profile

Reservoir Media Inc had its IPO on 2021-01-05 under the ticker symbol RSVR.

The company operates in the Communication Services sector and Entertainment industry. Reservoir Media Inc has a staff strength of 92 employees.

Stock update

Shares of Reservoir Media Inc opened at $5.71 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $5.6 - $5.8, and closed at $5.72.

This is a +0.35% increase from the previous day's closing price.

A total volume of 60,711 shares were traded at the close of the day’s session.

In the last one week, shares of Reservoir Media Inc have increased by +5.15%.

Reservoir Media Inc's Key Ratios

Reservoir Media Inc has a market cap of $352.00 million, indicating a price to book ratio of 1.1497 and a price to sales ratio of 3.6404.

In the last 12-months Reservoir Media Inc’s revenue was $129.84 million with a gross profit of $74.30 million and an EBITDA of $45.65 million. The EBITDA ratio measures Reservoir Media Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Reservoir Media Inc’s operating margin was 17.62% while its return on assets stood at 1.97% with a return of equity of 0.84%.

In Q2, Reservoir Media Inc’s quarterly earnings growth was a positive 263.7% while revenue growth was a positive 31.1%.

Reservoir Media Inc’s PE and PEG Ratio

Forward PE

10.3734

Trailing PE

136

PEG

0.5186

Its diluted EPS in the last 12-months stands at $0.04 per share while it has a forward price to earnings multiple of 10.3734 and a PEG multiple of 0.5186. 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 Reservoir Media Inc’s profitability.

Reservoir Media Inc stock is trading at a EV to sales ratio of 5.5254 and a EV to EBITDA ratio of 12.4719. Its price to sales ratio in the trailing 12-months stood at 3.6404.

Reservoir Media Inc 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

$767.26 million

Total Liabilities

$51.54 million

Operating Cash Flow

$-15226584.00

Capital Expenditure

$15.23 million

Dividend Payout Ratio

0%

Reservoir Media Inc ended 2024 with $767.26 million in total assets and $0 in total liabilities. Its intangible assets were valued at $767.26 million while shareholder equity stood at $350.47 million.

Reservoir Media Inc ended 2024 with $0 in deferred long-term liabilities, $51.54 million in other current liabilities, 6465.00 in common stock, $15.03 million in retained earnings and $-627570723078.00 in goodwill. Its cash balance stood at $12.25 million and cash and short-term investments were $12.25 million. The company’s total short-term debt was $33,829,615 while long-term debt stood at $325.81 million.

Reservoir Media Inc’s total current assets stands at $61.25 million while long-term investments were $10.95 million and short-term investments were $2.34 billion. Its net receivables were $32.02 million compared to accounts payable of $4.88 million and inventory worth $5.09 million.

In 2024, Reservoir Media Inc's operating cash flow was $-15226584.00 while its capital expenditure stood at $15.23 million.

Comparatively, Reservoir Media Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$5.72

52-Week High

$7.77

52-Week Low

$4.42

Analyst Target Price

$12.67

Reservoir Media Inc stock is currently trading at $5.72 per share. It touched a 52-week high of $7.77 and a 52-week low of $7.77. Analysts tracking the stock have a 12-month average target price of $12.67.

Its 50-day moving average was $5.54 and 200-day moving average was $6.21 The short ratio stood at 11.04 indicating a short percent outstanding of 0%.

Around 5072.9% of the company’s stock are held by insiders while 4682.6% are held by institutions.