Rimage Corp (NASDAQ:RIMG)
CAPS Rating:
The Company is a provider of CD recordable and DVD recordable publishing systems required for producing discs with customized digital content on an on-demand basis.
The Company is a provider of CD recordable and DVD recordable publishing systems required for producing discs with customized digital content on an on-demand basis.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
Recs
Insider buys, EV/EBITDA 3.20, EV/FCF 1.85.CD/DVD industry may be waning but the valuation and balance sheet strength are too amazing to ignore (begging to be acquired).
From MagicDiligence.com MFI stats tool:
Results for ticker 'RIMG' (Rimage Corporation):
Earnings Yield: 26.5%
MFI Return on Capital: 46.8%
MagicDiligence Research for 'RIMG':
No research available.
Instant Diligence:
The Earnings Yield of 26.5% is Very High.
The MFI Return on Capital of 46.8% is High.
Near-term Financial Health appears to be Excellent. The current ratio is 7.85.
Calculations:
(for quarter ended 2010-09-30)
Market Cap = Stock_Price * Shares
= 15.20 * 9.62
= 146.24
Excess Cash = Cash - MAX(0; (Current Liabilities - Current Assets + Cash))
= 106.56 - MAX(0; (16.31 - 128.08 + 106.56))
= 106.56
Enterprise Value = Market Cap + Total Debt - Excess Cash
= 146.24 + 0.00 - 106.56
= 39.68
MFI Invested Capital = Total Assets - Goodwill - Intangibles - Current Liabilities + Short Term Debt - Excess Cash
= 145.30 - 0.00 - 0.00 - 16.31 + 0.00 - 106.56
= 22.43
Earnings Yield = Operating Earnings / Enterprise Value
= 10.50 / 39.68
= 0.265 (26.5%)
MFI Return on Capital = Operating Earnings / MFI Invested Capital
= 10.50 / 22.43
= 0.468 (46.8%)
More insider buying (CEO and CFO), May/June 2011. Paying quarterly dividend, EV/EBITDA ratio is shockingly low at 0.59. However the risk is if the new CEO goes on a buying spree for unprofitable tech companies (cloud computing providers, etc.).