| |
|
rtec |
|
Price |
6.5 |
Country |
USA |
EV |
140.3 |
Cash/shr% |
30.3% |
COMPR |
35.09 |
P/S |
|
|
|
|
2.56 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Name |
Rudolph Technologies, Inc. |
Cap |
201.4 |
Float |
28.5 |
EV |
|
EV/EBITDA |
|
EPSR |
11.1 |
Trail EBITDA |
|
|
|
|
-37.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Industry |
Semiconductors |
Rank |
15 |
Short% |
0.4% |
PB |
1.29 |
PE |
-0.74
|
PE*4 |
-10.16
|
Est. EBITDA |
|
|
|
|
0.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
SubIndustry |
Semiconductor Equipment |
Rank |
55 |
ShortRatio |
0.57 |
PB less |
1.42 |
PE |
-1.66 |
PE*4 |
-10.16 |
|
|
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|
|
|
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|
|
|
|
10Q2 |
11Q1 |
10Q4 |
10Q3 |
10Q2 |
10Q1 |
09Q4 |
09Q3 |
09Q2 |
09Q1 |
08Q4 |
08Q3 |
08Q2 |
08Q1 |
07Q4 |
07Q3 |
07Q2 |
07Q1 |
06Q4 |
06Q3 |
06Q2 |
06Q1 |
|
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|
Growth Rate% |
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|
|
Revenue |
|
261.7 |
|
76.0 |
-40.2 |
-60.1 |
-70.3 |
-49.6 |
23.9 |
-19.5 |
-23.1 |
-40.2 |
-45.9 |
|
|
|
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|
|
|
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|
|
|
|
|
|
|
|
Dil EPS Ex. Extro Items |
-101.8 |
|
|
LtoL |
LtoL |
LtoL |
LtoL |
PtoL |
PtoL |
PtoL |
PtoL |
-82.1 |
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
Dil Normalized EPS |
|
|
|
|
LtoL |
LtoL |
LtoL |
PtoL |
PtoL |
PtoL |
PtoL |
-93.1 |
-82.1 |
|
|
|
|
|
|
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|
|
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|
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|
Leverage |
|
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|
|
|
|
|
|
|
|
|
|
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|
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|
|
|
|
|
|
SGA/EBIT |
|
2.5 |
|
97.4 |
-0.5 |
0.1 |
0.4 |
1.0 |
-5.8 |
-2.5 |
-1.6 |
-2.8 |
65.9 |
2.3 |
2.1 |
1.9 |
1.7 |
|
|
|
|
|
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|
Income Statement |
|
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|
|
|
|
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|
|
Q1 |
|
09Q4 |
09Q3 |
09Q2 |
09Q1 |
08Q4 |
08Q3 |
08Q2 |
08Q1 |
07Q4 |
07Q3 |
07Q2 |
07Q1 |
06Q4 |
06Q3 |
|
|
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|
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|
|
|
Revenue |
|
40.00 |
|
28.93 |
23.33 |
15.34 |
11.06 |
16.43 |
38.99 |
38.42 |
37.21 |
32.58 |
31.46 |
47.73 |
48.36 |
54.46 |
58.17 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Profit |
20.00 |
20.00 |
|
14.59 |
9.47 |
5.41 |
2.28 |
-5.99 |
16.81 |
17.72 |
15.11 |
14.60 |
15.54 |
24.85 |
26.25 |
27.93 |
30.57 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross Margin% |
50.0% |
50.0% |
|
50.4% |
40.6% |
35.3% |
20.6% |
-36.5% |
43.1% |
46.1% |
40.6% |
44.8% |
49.4% |
52.1% |
54.3% |
51.3% |
51.3% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SGA |
0 |
8.28 |
|
7.71 |
8.28 |
7.82 |
6.33 |
6.43 |
7.9 |
10.54 |
9.09 |
7.87 |
7.79 |
8.76 |
8.77 |
8.63 |
8.71 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SGA% |
|
20.7% |
|
26.7% |
35.5% |
51.0% |
57.2% |
39.1% |
20.3% |
27.4% |
24.4% |
24.2% |
24.8% |
18.4% |
18.1% |
15.8% |
15.8% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DA |
|
|
|
|
0.37 |
0.29 |
0.29 |
0.76 |
1.73 |
1.73 |
1.67 |
1.12 |
1.12 |
1.12 |
1.13 |
1.12 |
1.13 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research/Others |
|
7 |
|
6.799 |
6.42 |
6.02 |
6.74 |
7.07 |
8.35 |
8.43 |
7.79 |
6.68 |
6.51 |
8.14 |
8.68 |
8.09 |
8.15 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research% |
|
17.5% |
|
23.5% |
27.5% |
39.2% |
60.9% |
43.0% |
21.4% |
21.9% |
20.9% |
20.5% |
20.7% |
17.1% |
17.9% |
14.9% |
14.9% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unusual Expense |
|
|
|
3.5 |
NA |
NA |
NA |
227.1 |
NA |
NA |
NA |
1 |
0 |
0 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Expenses |
|
15.455 |
|
18.244 |
15.07 |
14.13 |
13.36 |
241.36 |
17.98 |
20.70 |
18.55 |
16.67 |
15.42 |
18.02 |
18.58 |
17.84 |
17.99 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EBITDA |
|
|
|
0.08 |
-5.23 |
-8.43 |
-10.79 |
-19.49 |
0.56 |
-1.25 |
-1.77 |
0.05 |
1.24 |
7.95 |
8.80 |
11.21 |
13.71 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EBIT |
0 |
5.55 |
|
0.08 |
-5.6 |
-8.72 |
-11.08 |
-247.35 |
-1.17 |
-2.98 |
-3.44 |
-2.07 |
0.12 |
6.83 |
7.67 |
10.09 |
12.58 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EBIT% |
|
13.9% |
|
0.3% |
-24.0% |
-56.8% |
-100.2% |
####### |
-3.0% |
-7.8% |
-9.2% |
-6.4% |
0.4% |
14.3% |
15.9% |
18.5% |
21.6% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interet Expense |
|
|
|
|
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Int/Invest Income |
|
|
|
|
0.03 |
0.05 |
0.12 |
0.3 |
0.29 |
0.17 |
0.38 |
1.12 |
1.08 |
0.92 |
1.03 |
0.91 |
0.77 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Int Income(Expense) |
|
|
|
|
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Others,Net |
|
|
|
|
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
0 |
NA |
0 |
NA |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Other Inc(Exp) |
|
0.03 |
|
|
0.03 |
0.05 |
0.12 |
0.3 |
0.29 |
0.17 |
0.38 |
1.12 |
1.08 |
8.76 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Before Tax |
|
5.52 |
|
|
-5.57 |
-8.67 |
-10.96 |
-247.05 |
-0.88 |
-2.81 |
-3.06 |
-0.95 |
1.2 |
7.75 |
8.7 |
10.99 |
13.35 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tax |
|
|
|
|
-0.74 |
-0.04 |
-0.9 |
-1.44 |
-0.43 |
-0.83 |
-1.42 |
-0.41 |
-0.19 |
2.3 |
3.14 |
2.61 |
5.28 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tax Rate |
|
20% |
|
###### |
13% |
0% |
8% |
1% |
49% |
30% |
46% |
43% |
-16% |
876% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income After Tax |
|
4.412 |
|
|
-4.84 |
-8.62 |
-10.05 |
-245.61 |
-0.45 |
-1.99 |
-1.65 |
-0.54 |
1.39 |
5.45 |
5.56 |
8.39 |
8.07 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Income B4 Extra. Items |
|
|
|
-4.84 |
-8.62 |
-10.05 |
-245.61 |
-0.45 |
-1.99 |
-1.65 |
-0.54 |
1.39 |
5.45 |
5.56 |
8.39 |
8.07 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Adj to
Net Income |
|
|
|
|
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted Net Income |
|
4.412 |
|
|
-4.84 |
-8.62 |
-10.05 |
-245.61 |
-0.45 |
-1.99 |
-1.65 |
-0.54 |
1.39 |
5.45 |
5.56 |
8.39 |
8.07 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit Margin% |
|
11.0% |
|
0.0% |
-20.7% |
-56.2% |
-90.9% |
####### |
-1.2% |
-5.2% |
-4.4% |
-1.7% |
4.4% |
876.0% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dil EPS Ex. Extro Items |
0.1424 |
|
|
-0.16 |
-0.28 |
-0.33 |
-7.96 |
-0.01 |
-0.06 |
-0.05 |
-0.02 |
0.05 |
0.19 |
0.19 |
0.29 |
0.28 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dil EPS Inc. Extror Items |
|
|
|
-0.16 |
-0.28 |
-0.33 |
-7.96 |
-0.01 |
-0.06 |
-0.05 |
-0.02 |
0.05 |
0.19 |
0.19 |
0.29 |
0.28 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Special Itmes |
|
|
|
|
NA |
1.52 |
0.14 |
227.1 |
NA |
1.09 |
NA |
1 |
0 |
0 |
0 |
0 |
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Normalized Income B4 Tax |
|
|
|
-5.57 |
-7.15 |
-10.82 |
-19.94 |
-0.88 |
-1.73 |
-3.06 |
0.05 |
1.2 |
7.75 |
8.7 |
10.99 |
13.35 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted Normalized EPS |
|
|
|
|
-0.16 |
-0.25 |
-0.32 |
-3.18 |
-0.01 |
-0.04 |
-0.05 |
0.02 |
0.05 |
0.19 |
0.19 |
0.29 |
0.28 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Shares Outstandings |
|
|
|
30.98 |
30.93 |
30.83 |
30.7 |
30.66 |
30.63 |
30.56 |
30.48 |
29.16 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PE Diluted EPS |
|
|
|
|
-8.73 |
-8.58 |
-8.36 |
-8.08 |
-0.14 |
-0.08 |
0.17 |
0.41 |
0.72 |
0.95 |
|
|
|
|
PE Normalized EPS |
|
|
|
|
-3.91 |
-3.76 |
-3.55 |
-3.28 |
-0.08 |
-0.02 |
0.21 |
0.45 |
0.72 |
0.95 |
|
|
|
|
OCF/NI |
|
|
|
|
1.39 |
0.16 |
0.40 |
-0.02 |
-20.64 |
-3.72 |
3.29 |
-16.96 |
3.66 |
|
|
|
|
|
FCF/NI |
|
|
|
|
1.39 |
0.17 |
0.42 |
-0.01 |
-20.33 |
-3.24 |
4.14 |
-16.22 |
3.48 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance Sheet |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and ST Investments |
|
|
|
61.06 |
72.3 |
73.67 |
78.28 |
74.23 |
65.28 |
59.24 |
73.93 |
121.14 |
|
|
|
|
|
Accounts Receivables, Net |
|
|
|
28.55 |
14.5 |
14.84 |
21.76 |
39.44 |
50.91 |
59.92 |
50.01 |
51.67 |
|
|
|
|
|
Total Inventory |
|
|
|
|
49.16 |
53.99 |
56.58 |
57.08 |
72.09 |
76.57 |
79.96 |
70.99 |
61.06 |
|
|
|
|
|
Other Current Assets, Total |
|
|
|
NA |
NA |
151.49 |
0 |
NA |
NA |
NA |
4.66 |
NA |
|
|
|
|
|
Total Current Assets |
|
|
|
|
143.9 |
145.8 |
17.78 |
163.45 |
201.89 |
205.57 |
209.93 |
203.63 |
245.16 |
|
|
|
|
|
PPE, Net |
|
|
|
|
15.7 |
16.7 |
NA |
19.05 |
18.07 |
18.48 |
17.52 |
16.06 |
15.78 |
|
|
|
|
|
Goodwill, Net |
|
|
|
|
3.28 |
NA |
9.36 |
0 |
190.39 |
189.73 |
190.46 |
188.83 |
145.01 |
|
|
|
|
|
Intangibles, Net |
|
|
|
|
11.23 |
9.08 |
NA |
11.43 |
44.73 |
46.49 |
46.76 |
51.22 |
34.04 |
|
|
|
|
|
Long Term Investments |
|
|
|
|
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
|
|
|
|
|
Other Long Term Assets, Total |
|
|
|
4.8 |
4.62 |
5.26 |
3.5 |
2.62 |
3.3 |
3.41 |
0.47 |
4.08 |
|
|
|
|
|
Other Assets, Total |
|
|
|
|
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
|
|
|
|
|
Total Non-Current Assets |
|
|
|
35.01 |
30.4 |
14.62 |
33.98 |
255.81 |
258 |
258.15 |
256.58 |
198.91 |
|
|
|
|
|
Total Assets |
|
|
|
|
178.92 |
176.2 |
183.9 |
197.43 |
457.69 |
463.58 |
468.08 |
460.22 |
444.07 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Short Term Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Current Liabilities |
|
|
|
|
17.43 |
12.02 |
13.12 |
15.76 |
25.53 |
30.14 |
34.44 |
27.33 |
19.65 |
|
|
|
|
|
Total Long Term Debt |
|
|
|
|
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
|
|
|
Other Liabilities, Total |
|
|
|
|
5.54 |
5.49 |
5.48 |
5.58 |
10.97 |
10.03 |
9.66 |
8.41 |
14.66 |
|
|
|
|
|
Total Non-Current Liabilities |
|
|
|
5.54 |
5.49 |
5.48 |
5.58 |
10.97 |
10.03 |
9.66 |
8.41 |
14.66 |
|
|
|
|
|
Total Liabilities |
|
|
|
|
22.97 |
17.51 |
18.6 |
21.34 |
36.5 |
40.17 |
44.1 |
35.74 |
34.31 |
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|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Equity |
|
|
|
|
155.95 |
158.7 |
165.3 |
176.09 |
421.2 |
423.41 |
423.98 |
424.48 |
409.76 |
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|
|
|
|
|
|
|
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|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash Flow |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation/Depletion |
|
|
|
|
1.54 |
1.2 |
1.29 |
1.45 |
0.9 |
1.1 |
1.05 |
1 |
1.13 |
|
|
|
|
|
Amortization |
|
|
|
|
0.48 |
0.46 |
0.46 |
0.93 |
2.57 |
1.9 |
1.84 |
1.29 |
1.3 |
|
|
|
|
|
Non-Cash Items |
|
|
|
|
2.21 |
2.34 |
0.79 |
239.19 |
-0.48 |
1.12 |
2.79 |
2.04 |
1.01 |
|
|
|
|
|
Change in Working Capital |
|
|
|
-6.11 |
3.25 |
3.46 |
10.61 |
6.75 |
5.28 |
-9.47 |
8.68 |
0.27 |
|
|
|
|
|
Cash from Operating Activities |
|
|
|
-6.71 |
-1.38 |
-4.05 |
4.13 |
9.29 |
7.4 |
-5.43 |
9.16 |
5.09 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CAPEX |
|
|
|
|
-0.04 |
-0.11 |
-0.18 |
-0.51 |
-0.14 |
-0.95 |
-1.4 |
-0.4 |
-0.25 |
|
|
|
|
|
Other Investing CF Items, Total |
|
|
|
-9.53 |
3.13 |
2.19 |
-6.49 |
-1.02 |
7.26 |
-2.47 |
29.39 |
29.39 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash from Investing Activities |
|
|
|
-9.57 |
3.01 |
2.01 |
-6.99 |
-1.15 |
6.31 |
-3.88 |
-50.78 |
29.15 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financing Cash Flow Items |
|
|
|
NA |
NA |
NA |
0 |
0 |
0 |
0 |
0 |
0.02 |
|
|
|
|
|
|
|
|
|
|
|
|
Cash from Financing Activities |
|
|
|
0.03 |
0.1 |
0 |
0.08 |
0.02 |
0.12 |
0.01 |
0.11 |
0.13 |
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
FCF |
|
|
|
|
-6.75 |
-1.49 |
-4.23 |
3.62 |
9.15 |
6.45 |
-6.83 |
8.76 |
4.84 |
|
|
|
|
|
|
|
|
|
|
|
|
Net Change in Cash |
|
|
|
|
-15.8 |
1.88 |
-2.37 |
-2.38 |
7.84 |
13.58 |
-8.73 |
-41.36 |
34.65 |
|
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|
|
|
|
|
|
SGA Growth% |
|
|
|
19.9 |
4.8 |
-25.8 |
-30.4 |
-18.3 |
1.4 |
20.3 |
3.6 |
-8.8 |
-10.6 |
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