Switch to:
Also traded in: Germany

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 : 6/10

vs
industry
vs
history
Cash to Debt 0.83
RNET's Cash to Debt is ranked lower than
65% of the 538 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.07 vs. RNET: 0.83 )
Ranked among companies with meaningful Cash to Debt only.
RNET' s Cash to Debt Range Over the Past 10 Years
Min: 0.3  Med: 0.85 Max: N/A
Current: 0.83
Equity to Asset 0.48
RNET's Equity to Asset is ranked lower than
66% of the 529 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.59 vs. RNET: 0.48 )
Ranked among companies with meaningful Equity to Asset only.
RNET' s Equity to Asset Range Over the Past 10 Years
Min: -0.36  Med: 0.48 Max: 0.63
Current: 0.48
-0.36
0.63
F-Score: 3
Z-Score: 2.88
M-Score: -3.32
WACC vs ROIC
9.89%
-8.96%
WACC
ROIC
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 : 6/10

vs
industry
vs
history
Operating margin (%) -7.79
RNET's Operating margin (%) is ranked lower than
78% of the 531 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.91 vs. RNET: -7.79 )
Ranked among companies with meaningful Operating margin (%) only.
RNET' s Operating margin (%) Range Over the Past 10 Years
Min: -7.79  Med: 13.83 Max: 18.03
Current: -7.79
-7.79
18.03
Net-margin (%) -8.54
RNET's Net-margin (%) is ranked lower than
78% of the 533 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.37 vs. RNET: -8.54 )
Ranked among companies with meaningful Net-margin (%) only.
RNET' s Net-margin (%) Range Over the Past 10 Years
Min: -24.85  Med: -0.76 Max: 8.7
Current: -8.54
-24.85
8.7
ROE (%) -15.24
RNET's ROE (%) is ranked lower than
81% of the 523 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.78 vs. RNET: -15.24 )
Ranked among companies with meaningful ROE (%) only.
RNET' s ROE (%) Range Over the Past 10 Years
Min: -109.46  Med: 11.73 Max: 14.42
Current: -15.24
-109.46
14.42
ROA (%) -7.27
RNET's ROA (%) is ranked lower than
79% of the 541 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.03 vs. RNET: -7.27 )
Ranked among companies with meaningful ROA (%) only.
RNET' s ROA (%) Range Over the Past 10 Years
Min: -22.56  Med: -0.14 Max: 7.18
Current: -7.27
-22.56
7.18
ROC (Joel Greenblatt) (%) -15.42
RNET's ROC (Joel Greenblatt) (%) is ranked lower than
75% of the 535 Companies
in the Global Communication Equipment industry.

( Industry Median: 9.20 vs. RNET: -15.42 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
RNET' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -26.97  Med: 34.96 Max: 50.15
Current: -15.42
-26.97
50.15
Revenue Growth (3Y)(%) 17.70
RNET's Revenue Growth (3Y)(%) is ranked higher than
83% of the 466 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.90 vs. RNET: 17.70 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
RNET' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: -9 Max: 41.6
Current: 17.7
0
41.6
EBITDA Growth (3Y)(%) -21.00
RNET's EBITDA Growth (3Y)(%) is ranked lower than
83% of the 350 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.60 vs. RNET: -21.00 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
RNET' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: 15.9 Max: 52
Current: -21
0
52
GuruFocus has detected 6 Warning Signs with RigNet Inc $RNET.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» RNET's 10-Y Financials

Financials


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

» Details

Guru Trades

Q4 2015

RNET Guru Trades in Q4 2015

Ron Baron Sold Out
RS Investment Management Sold Out
Jim Simons 103,400 sh (-19.60%)
» More
Q1 2016

RNET Guru Trades in Q1 2016

Jim Simons 218,200 sh (+111.03%)
» More
Q2 2016

RNET Guru Trades in Q2 2016

Jim Simons 299,800 sh (+37.40%)
» More
Q3 2016

RNET Guru Trades in Q3 2016

Jim Simons 364,200 sh (+21.48%)
» More
» Details

Insider Trades

Latest Guru Trades with RNET

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Communication Equipment » Communication Equipment    NAICS: 517919    SIC: 4899
Compare:NAS:HLIT, OTCPK:TTCNF, NYSE:CALX, NAS:DGII, NAS:SILC, NYSE:HIVE, NAS:SHOR, NAS:CLFD, NAS:CRNT, OTCPK:SNVNF, NAS:CMTL, NYSE:VCRA, NAS:CAMP, NAS:SWIR, NAS:EXFO, NAS:GILT, OTCPK:CHWTF, NYSE:ATEN, NAS:EXTR, NAS:BBOX » details
Traded in other countries:4R5.Germany,
RigNet Inc provides managed remote communications, systems integration and collaborative applications dedicated to the oil and gas industry.

RigNet Inc was incorporated in Delaware on July 6, 2004. The Company is a network infrastructure provider serving the remote communications needs of the oil and gas industry. Through a controlled and managed IP/MPLS (Internet Protocol/Multiprotocol Label Switching) network, it delivers voice, data, video and other collaborative services under a multi-tenant revenue model. The Company delivers its services through its IP/MPLS network, tuned and optimized for communications with remote endpoints, that serves oil and gas customers both in the United States and in international markets. As of December 31, 2013, the Company is a main provider of remote communications and collaborative services to approximately 500 customers reaching about 1,100 remote sites located in over 45 countries on six continents. Its business operations are divided into three reportable segments: Americas, Europe/Africa and Middle East/Asia Pacific. Its Americas segment provides remote communications services for offshore and onshore drilling rigs and production facilities, as well as, energy support vessels and other remote sites. Its Americas segment services are performed out of its United States and Brazil based offices for customers and rig sites located on the western side of the Atlantic Ocean mainly in the United States, Mexico and Brazil, and within the Gulf of Mexico. Its Europe/Africa segment provides remote communications services for offshore drilling rigs, production facilities, energy support vessels and other remote sites. Its Europe/Africa segment services are performed out of its Norway and United Kingdom based offices for customers and rig sites located mainly off the coasts of the United Kingdom, Norway and West Africa. This segment also provides system integration services for both onshore and offshore customers in the oil and gas industry including drilling rigs and production facilities. Its Middle East/Asia Pacific (MEAP) segment provides remote communications services for onshore and offshore drilling rigs, production facilities, energy support vessels and other remote sites. Its MEAP segment services are mainly performed out of its Qatar and Singapore based offices for customers and rig sites located mainly around the Indian Ocean in Qatar, Saudi Arabia and India, around the Pacific Ocean near Australia, and within the South China Sea. It offers a comprehensive communications package of voice, data, video, networking and real-time data management to offshore and land-based remote locations. The main services it offers are high quality voice-over-Internet-protocol, or VoIP, data and high-speed Internet access. It also provides other value-added services, such as video conferencing solutions, TurboNet WAN acceleration solutions, real-time data management solutions, Wi-Fi hotspots and Internet kiosks, Secure Oil Information Link, wireless intercoms and handheld radios. Its main customer is Noble Corporation. The Company's main competitor

Guru Investment Theses on RigNet Inc

Meridian Funds Comments on RigNet - Aug 31, 2015

RigNet (NASDAQ:RNET) provides communication- and network-based services to the oil and gas industry, specifically offshore drilling rigs. The market’s concern with the decline in offshore drilling activity negatively impacted share price performance. The outlook this year for the oil and gas industry remains difficult to predict; however, we have conviction that RigNet can still grow at a positive rate based on the recurring revenue from service contracts. We added to the position during the period.





From Meridian Growth Fund’s annual letter.



Check out Meridian Funds latest stock trades

Ratios

vs
industry
vs
history
Forward P/E 105.26
RNET's Forward P/E is ranked lower than
95% of the 63 Companies
in the Global Communication Equipment industry.

( Industry Median: 16.67 vs. RNET: 105.26 )
Ranked among companies with meaningful Forward P/E only.
N/A
Price/Owner Earnings (ttm) 108.37
RNET's Price/Owner Earnings (ttm) is ranked lower than
89% of the 234 Companies
in the Global Communication Equipment industry.

( Industry Median: 21.60 vs. RNET: 108.37 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
RNET' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 25.58  Med: 56.32 Max: 175.5
Current: 108.37
25.58
175.5
P/B 3.35
RNET's P/B is ranked lower than
70% of the 517 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.73 vs. RNET: 3.35 )
Ranked among companies with meaningful P/B only.
RNET' s P/B Range Over the Past 10 Years
Min: 1.7  Med: 3.33 Max: 7.31
Current: 3.35
1.7
7.31
P/S 1.76
RNET's P/S is ranked lower than
59% of the 528 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.38 vs. RNET: 1.76 )
Ranked among companies with meaningful P/S only.
RNET' s P/S Range Over the Past 10 Years
Min: 0.74  Med: 2.05 Max: 3.99
Current: 1.76
0.74
3.99
PFCF 42.23
RNET's PFCF is ranked lower than
84% of the 213 Companies
in the Global Communication Equipment industry.

( Industry Median: 16.10 vs. RNET: 42.23 )
Ranked among companies with meaningful PFCF only.
RNET' s PFCF Range Over the Past 10 Years
Min: 10.67  Med: 65.18 Max: 535.14
Current: 42.23
10.67
535.14
POCF 11.83
RNET's POCF is ranked higher than
51% of the 258 Companies
in the Global Communication Equipment industry.

( Industry Median: 12.13 vs. RNET: 11.83 )
Ranked among companies with meaningful POCF only.
RNET' s POCF Range Over the Past 10 Years
Min: 3.45  Med: 13.73 Max: 34.95
Current: 11.83
3.45
34.95
EV-to-EBITDA 25.34
RNET's EV-to-EBITDA is ranked lower than
69% of the 370 Companies
in the Global Communication Equipment industry.

( Industry Median: 13.55 vs. RNET: 25.34 )
Ranked among companies with meaningful EV-to-EBITDA only.
RNET' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.3  Med: 10.7 Max: 34.6
Current: 25.34
5.3
34.6
Current Ratio 3.31
RNET's Current Ratio is ranked higher than
74% of the 531 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.08 vs. RNET: 3.31 )
Ranked among companies with meaningful Current Ratio only.
RNET' s Current Ratio Range Over the Past 10 Years
Min: 0.95  Med: 2.9 Max: 3.92
Current: 3.31
0.95
3.92
Quick Ratio 3.31
RNET's Quick Ratio is ranked higher than
81% of the 531 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.63 vs. RNET: 3.31 )
Ranked among companies with meaningful Quick Ratio only.
RNET' s Quick Ratio Range Over the Past 10 Years
Min: 0.95  Med: 2.9 Max: 3.92
Current: 3.31
0.95
3.92
Days Sales Outstanding 90.16
RNET's Days Sales Outstanding is ranked lower than
67% of the 469 Companies
in the Global Communication Equipment industry.

( Industry Median: 71.51 vs. RNET: 90.16 )
Ranked among companies with meaningful Days Sales Outstanding only.
RNET' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.4  Med: 78.78 Max: 90.37
Current: 90.16
57.4
90.37
Days Payable 18.71
RNET's Days Payable is ranked lower than
93% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 58.11 vs. RNET: 18.71 )
Ranked among companies with meaningful Days Payable only.
RNET' s Days Payable Range Over the Past 10 Years
Min: 15.31  Med: 39.97 Max: 52.96
Current: 18.71
15.31
52.96

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -4.20
RNET's 3-Year Average Share Buyback Ratio is ranked lower than
62% of the 331 Companies
in the Global Communication Equipment industry.

( Industry Median: -2.20 vs. RNET: -4.20 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
RNET' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -43.5  Med: -4.5 Max: 0
Current: -4.2
-43.5
0

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 5.09
RNET's Price/Tangible Book is ranked lower than
74% of the 491 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.12 vs. RNET: 5.09 )
Ranked among companies with meaningful Price/Tangible Book only.
RNET' s Price/Tangible Book Range Over the Past 10 Years
Min: 3.16  Med: 5.43 Max: 12.62
Current: 5.09
3.16
12.62
Price/Projected FCF 2.67
RNET's Price/Projected FCF is ranked lower than
70% of the 290 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.34 vs. RNET: 2.67 )
Ranked among companies with meaningful Price/Projected FCF only.
RNET' s Price/Projected FCF Range Over the Past 10 Years
Min: 1.63  Med: 2.94 Max: 4.05
Current: 2.67
1.63
4.05
Price/Median PS Value 0.86
RNET's Price/Median PS Value is ranked higher than
75% of the 465 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.14 vs. RNET: 0.86 )
Ranked among companies with meaningful Price/Median PS Value only.
RNET' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.39  Med: 1.06 Max: 1.91
Current: 0.86
0.39
1.91
Earnings Yield (Greenblatt) (%) -4.30
RNET's Earnings Yield (Greenblatt) (%) is ranked lower than
77% of the 531 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.10 vs. RNET: -4.30 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
RNET' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: -4.3  Med: 5.2 Max: 8.6
Current: -4.3
-4.3
8.6
Forward Rate of Return (Yacktman) (%) -11.72
RNET's Forward Rate of Return (Yacktman) (%) is ranked lower than
81% of the 240 Companies
in the Global Communication Equipment industry.

( Industry Median: 7.68 vs. RNET: -11.72 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
RNET' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -11.8  Med: 2.7 Max: 21
Current: -11.72
-11.8
21

More Statistics

Revenue (TTM) (Mil) $220.1
EPS (TTM) $ -1.07
Beta1.22
Short Percentage of Float2.27%
52-Week Range $10.32 - 23.90
Shares Outstanding (Mil)17.93

Analyst Estimate

Dec16 Dec17 Dec18
Revenue (Mil $) 213 183 194
EPS ($) -0.03 0.21 0.20
EPS w/o NRI ($) -0.03 0.21 0.20
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($)
» More Articles for RNET

Headlines

Articles On GuruFocus.com
Meridian Funds Comments on RigNet Aug 31 2015 
Meridian Funds Comments on RigNet Inc Dec 17 2014 
Meridian Growth Fund 3Q 2014 Commentary Dec 17 2014 
Meridian Funds Comments on Rignet Inc Jun 20 2014 
Baron Funds Comments on RigNet Inc. Feb 26 2014 

More From Other Websites
RigNet to provide managed services and Over-the-Top solutions to one of the world's largest offshore... Dec 21 2016
RigNet renews contract to provide managed services to maritime vessels Dec 21 2016
RigNet renews contract to provide managed services to maritime vessels Dec 21 2016
RigNet to provide managed services and Over-the-Top solutions to one of the world’s largest... Dec 21 2016
RIGNET, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements... Dec 20 2016
Is RigNet Inc (RNET) A Good Stock To Buy? Dec 14 2016
RigNet wins systems integration and automation contract with Chiyoda Almana Engineering Dec 06 2016
RIGNET, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits Nov 29 2016
RIGNET, INC. Financials Nov 17 2016
RigNet awarded multi-million dollar contract with a leading offshore drilling contractor Nov 15 2016
RigNet awarded multi-million dollar contract with a leading offshore drilling contractor Nov 15 2016
ETFs with exposure to RigNet, Inc. : November 14, 2016 Nov 14 2016
RigNet, Inc. :RNET-US: Earnings Analysis: Q3, 2016 By the Numbers : November 9, 2016 Nov 09 2016
Edited Transcript of RNET earnings conference call or presentation 8-Nov-16 4:00pm GMT Nov 08 2016
RIGNET, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and... Nov 07 2016
Jay T. Hilbert Named Chief Sales Officer at RigNet Nov 07 2016
RigNet Announces Third Quarter 2016 Earnings Results Nov 07 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)