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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 0.81
RNET's Cash to Debt is ranked higher than
77% of the 824 Companies
in the Global Telecom Services industry.

( Industry Median: 0.46 vs. RNET: 0.81 )
RNET' s 10-Year Cash to Debt Range
Min: 0.3   Max: No Debt
Current: 0.81

Equity to Asset 0.46
RNET's Equity to Asset is ranked higher than
78% of the 820 Companies
in the Global Telecom Services industry.

( Industry Median: 0.40 vs. RNET: 0.46 )
RNET' s 10-Year Equity to Asset Range
Min: -0.36   Max: 0.63
Current: 0.46

-0.36
0.63
Interest Coverage 12.36
RNET's Interest Coverage is ranked higher than
79% of the 557 Companies
in the Global Telecom Services industry.

( Industry Median: 6.32 vs. RNET: 12.36 )
RNET' s 10-Year Interest Coverage Range
Min: 2.27   Max: 14.69
Current: 12.36

2.27
14.69
F-Score: 3
Z-Score: 5.28
M-Score: -2.42
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating margin (%) 12.79
RNET's Operating margin (%) is ranked higher than
82% of the 817 Companies
in the Global Telecom Services industry.

( Industry Median: 12.15 vs. RNET: 12.79 )
RNET' s 10-Year Operating margin (%) Range
Min: 12.79   Max: 18.03
Current: 12.79

12.79
18.03
Net-margin (%) 7.40
RNET's Net-margin (%) is ranked higher than
80% of the 817 Companies
in the Global Telecom Services industry.

( Industry Median: 7.40 vs. RNET: 7.40 )
RNET' s 10-Year Net-margin (%) Range
Min: -24.85   Max: 8.7
Current: 7.4

-24.85
8.7
ROE (%) 13.10
RNET's ROE (%) is ranked higher than
82% of the 785 Companies
in the Global Telecom Services industry.

( Industry Median: 11.68 vs. RNET: 13.10 )
RNET' s 10-Year ROE (%) Range
Min: -269.91   Max: 13.1
Current: 13.1

-269.91
13.1
ROA (%) 6.84
RNET's ROA (%) is ranked higher than
85% of the 821 Companies
in the Global Telecom Services industry.

( Industry Median: 4.93 vs. RNET: 6.84 )
RNET' s 10-Year ROA (%) Range
Min: -22.65   Max: 6.84
Current: 6.84

-22.65
6.84
ROC (Joel Greenblatt) (%) 33.11
RNET's ROC (Joel Greenblatt) (%) is ranked higher than
86% of the 817 Companies
in the Global Telecom Services industry.

( Industry Median: 21.47 vs. RNET: 33.11 )
RNET' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 33.11   Max: 43.48
Current: 33.11

33.11
43.48
Revenue Growth (%) -9.00
RNET's Revenue Growth (%) is ranked higher than
66% of the 725 Companies
in the Global Telecom Services industry.

( Industry Median: 4.30 vs. RNET: -9.00 )
RNET' s 10-Year Revenue Growth (%) Range
Min: 0   Max: -9
Current: -9

EBITDA Growth (%) 15.90
RNET's EBITDA Growth (%) is ranked higher than
89% of the 638 Companies
in the Global Telecom Services industry.

( Industry Median: 3.40 vs. RNET: 15.90 )
RNET' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 51.7
Current: 15.9

0
51.7
» RNET's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

RNET Guru Trades in Q2 2013

Chuck Royce 4,400 sh (New)
Ron Baron 7,790 sh (+210.36%)
RS Investment Management 357,855 sh (+62.8%)
Jim Simons 144,800 sh (+18.69%)
» More
Q3 2013

RNET Guru Trades in Q3 2013

Jim Simons 189,200 sh (+30.66%)
Ron Baron 7,790 sh (unchged)
Chuck Royce 4,400 sh (unchged)
RS Investment Management 213,970 sh (-40.21%)
» More
Q4 2013

RNET Guru Trades in Q4 2013

Paul Tudor Jones 6,968 sh (New)
Ron Baron 13,930 sh (+78.82%)
Chuck Royce 6,600 sh (+50%)
Jim Simons 234,200 sh (+23.78%)
RS Investment Management 221,830 sh (+3.67%)
» More
Q1 2014

RNET Guru Trades in Q1 2014

Ron Baron 22,790 sh (+63.6%)
Jim Simons 276,700 sh (+18.15%)
RS Investment Management 223,330 sh (+0.68%)
Chuck Royce Sold Out
Paul Tudor Jones 5,776 sh (-17.11%)
» More
» Details

Insider Trades

Latest Guru Trades with RNET

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ron Baron 2014-03-31 Add 63.6%$42.08 - $55.99 $ 55.7516%22790
Ron Baron 2013-12-31 Add 78.82%$35.61 - $47.08 $ 55.7537%13930
Ron Baron 2013-06-30 Add 210.36%$22.88 - $26.53 $ 55.75127%7790
Ron Baron 2013-03-31 New Buy$19.56 - $24.94 $ 55.75158%2510
Ron Baron 2012-09-30 Sold Out 0.04%$16.9 - $19.3 $ 55.75210%0
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on RigNet Inc

Meridian Funds Comments on Rignet Inc - Jun 20, 2014

Rignet, Inc. (RNET) also contributed to the positive performance of the Fund during the period. RigNet is the largest provider of communications infrastructure to remote locations for the oil and gas industry. We believe the company has a strong competitive advantage as a result of its scale, quality of service, and customer relationships. RigNet is positioned to benefit from an increase in oil and gas production in more remote locations, especially deepwater projects.



From Meridian Funds's semi-annual report ended December 31, 2013.



Check out Meridian Funds latest stock trades

Baron Funds Comments on RigNet Inc. - Feb 26, 2014

RigNet, Inc. (RNET) a provider of telecommunication services to the oil and gas industry, was up 29% in the quarter. The company benefitted from two events. First, the company announced its intent to acquire Inmarsat's Energy Broadband business. We believe that this acquisition will be highly accretive for RigNet and that RigNet can significantly improve margins in the first couple of years of operations. The second event that benefitted the company was the acquisition by KKR of a 27% stake from Cubera (both KKR and Cubera are private equity firms). The possibility for Cubera to exit via a secondary stock sale had been an overhang on the stock, so this transaction removed that issue.



From Ron Baron (Trades, Portfolio)'s Baron Funds fourth quarter 2013 letter to shareholders.

Check out Ron Baron latest stock trades

Top Ranked Articles about RigNet Inc

Meridian Funds Comments on Rignet Inc
Rignet, Inc. (RNET) also contributed to the positive performance of the Fund during the period. RigNet is the largest provider of communications infrastructure to remote locations for the oil and gas industry. We believe the company has a strong competitive advantage as a result of its scale, quality of service, and customer relationships. RigNet is positioned to benefit from an increase in oil and gas production in more remote locations, especially deepwater projects. Read more...
Baron Funds Comments on RigNet Inc.
RigNet, Inc. (RNET) a provider of telecommunication services to the oil and gas industry, was up 29% in the quarter. The company benefitted from two events. First, the company announced its intent to acquire Inmarsat's Energy Broadband business. We believe that this acquisition will be highly accretive for RigNet and that RigNet can significantly improve margins in the first couple of years of operations. The second event that benefitted the company was the acquisition by KKR of a 27% stake from Cubera (both KKR and Cubera are private equity firms). The possibility for Cubera to exit via a secondary stock sale had been an overhang on the stock, so this transaction removed that issue. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 67.00
RNET's P/E(ttm) is ranked higher than
72% of the 904 Companies
in the Global Telecom Services industry.

( Industry Median: 23.80 vs. RNET: 67.00 )
RNET' s 10-Year P/E(ttm) Range
Min: 20.76   Max: 189.66
Current: 67

20.76
189.66
P/B 7.42
RNET's P/B is ranked higher than
67% of the 904 Companies
in the Global Telecom Services industry.

( Industry Median: 2.79 vs. RNET: 7.42 )
RNET' s 10-Year P/B Range
Min: 2.7   Max: 7.54
Current: 7.42

2.7
7.54
P/S 4.07
RNET's P/S is ranked higher than
67% of the 904 Companies
in the Global Telecom Services industry.

( Industry Median: 1.74 vs. RNET: 4.07 )
RNET' s 10-Year P/S Range
Min: 0.76   Max: 4.14
Current: 4.07

0.76
4.14
PFCF 198.39
RNET's PFCF is ranked higher than
77% of the 904 Companies
in the Global Telecom Services industry.

( Industry Median: 37.25 vs. RNET: 198.39 )
RNET' s 10-Year PFCF Range
Min: 10.9   Max: 468.25
Current: 198.39

10.9
468.25
EV-to-EBIT 36.20
RNET's EV-to-EBIT is ranked higher than
73% of the 904 Companies
in the Global Telecom Services industry.

( Industry Median: 17.32 vs. RNET: 36.20 )
RNET' s 10-Year EV-to-EBIT Range
Min: 5   Max: 37.7
Current: 36.2

5
37.7
PEG 1.83
RNET's PEG is ranked higher than
91% of the 904 Companies
in the Global Telecom Services industry.

( Industry Median: 42.40 vs. RNET: 1.83 )
RNET' s 10-Year PEG Range
Min: 0   Max: 1.8
Current: 1.83

0
1.8
Current Ratio 2.49
RNET's Current Ratio is ranked higher than
90% of the 821 Companies
in the Global Telecom Services industry.

( Industry Median: 1.06 vs. RNET: 2.49 )
RNET' s 10-Year Current Ratio Range
Min: 0.95   Max: 3.22
Current: 2.49

0.95
3.22
Quick Ratio 2.49
RNET's Quick Ratio is ranked higher than
91% of the 821 Companies
in the Global Telecom Services industry.

( Industry Median: 0.99 vs. RNET: 2.49 )
RNET' s 10-Year Quick Ratio Range
Min: 0.95   Max: 3.22
Current: 2.49

0.95
3.22

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 13.01
RNET's Price/Tangible Book is ranked higher than
76% of the 904 Companies
in the Global Telecom Services industry.

( Industry Median: 13.70 vs. RNET: 13.01 )
RNET' s 10-Year Price/Tangible Book Range
Min: 3.84   Max: 12.61
Current: 13.01

3.84
12.61
Price/Median PS Value 1.77
RNET's Price/Median PS Value is ranked higher than
68% of the 904 Companies
in the Global Telecom Services industry.

( Industry Median: 1.12 vs. RNET: 1.77 )
RNET' s 10-Year Price/Median PS Value Range
Min: 0.35   Max: 1.72
Current: 1.77

0.35
1.72
Price/Graham Number 6.09
RNET's Price/Graham Number is ranked higher than
81% of the 904 Companies
in the Global Telecom Services industry.

( Industry Median: 9999.00 vs. RNET: 6.09 )
RNET' s 10-Year Price/Graham Number Range
Min: 1.9   Max: 5.9
Current: 6.09

1.9
5.9
Earnings Yield (Greenblatt) 2.80
RNET's Earnings Yield (Greenblatt) is ranked higher than
64% of the 759 Companies
in the Global Telecom Services industry.

( Industry Median: 6.70 vs. RNET: 2.80 )
RNET' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.7   Max: 20.1
Current: 2.8

2.7
20.1

Business Description

Industry: Communication Services » Telecom Services
Compare: » details
Traded in other countries:4R5.Germany
RigNet, Inc., provides managed communications and other network-based services for upstream oil and gas industry. The Company offers products including TurboNet, Crew Wi-Fi, Video Conferencing, Wi-Fi hotspot.
» More Articles for RNET

Headlines

Articles On GuruFocus.com
Meridian Funds Comments on Rignet Inc Jun 20 2014 
Baron Funds Comments on RigNet Inc. Feb 26 2014 


More From Other Websites
RigNet Rotates Key Line Executives Jul 15 2014
RigNet Rotates Key Line Executives Jul 15 2014
RigNet (RNET) is in Overbought Territory: What's Next? Jul 14 2014
RigNet Announces Second Quarter 2014 Earnings Release Date and Conference Call Information Jul 08 2014
RigNet Announces Second Quarter 2014 Earnings Release Date and Conference Call Information Jul 08 2014
RigNet CEO Named EY Entrepreneur Of The Year(TM) 2014 Gulf Coast Area Jun 30 2014
Gutierrez Named Group VP of RigNet Telecoms Systems Integration Jun 23 2014
RIGNET, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits Jun 10 2014
RigNet, Inc. to Participate at Louisiana Energy Conference Jun 05 2014
RigNet, Inc. to Present at William Blair 34th Annual Growth Stock Conference Jun 04 2014
RIGNET, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits May 28 2014
RIGNET, INC. Financials May 20 2014
Tough Weather Or Markets, Rignet Can Deliver May 14 2014
RIGNET, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders May 12 2014
RigNet reports Q1 EPS ex-items 25c, consensus 27c May 12 2014
RigNet Announces First Quarter 2014 Earnings Results May 12 2014
Q1 2014 RIGNET INC Earnings Release - After Market Close May 12 2014
Inteliquent Upgraded On Solid Performance, Outlook May 06 2014
RigNet, Inc. to Present at the Jefferies 2014 Global Technology, Media and Telecom Conference May 01 2014
Hawaiian Holdings, Titan International, DIRECTV Group, DigitalGlobe and RigNet highlighted as Zacks... May 01 2014

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