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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 : 5/10

vs
industry
vs
history
Cash-to-Debt 0.83
RNET's Cash-to-Debt is ranked lower than
66% of the 539 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.21 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
67% 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
Piotroski F-Score: 3
Altman Z-Score: 2.59
Beneish M-Score: -3.32
WACC vs ROIC
9.67%
-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 532 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.87 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
79% of the 534 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.33 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 522 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.83 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: 2.07 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
76% of the 535 Companies
in the Global Communication Equipment industry.

( Industry Median: 9.36 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
3-Year Revenue Growth Rate 17.70
RNET's 3-Year Revenue Growth Rate is ranked higher than
84% of the 467 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.10 vs. RNET: 17.70 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
RNET' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: -9 Max: 41.6
Current: 17.7
0
41.6
3-Year EBITDA Growth Rate -21.00
RNET's 3-Year EBITDA Growth Rate is ranked lower than
82% of the 351 Companies
in the Global Communication Equipment industry.

( Industry Median: 4.00 vs. RNET: -21.00 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
RNET' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: 15.9 Max: 52
Current: -21
0
52
GuruFocus has detected 4 Warning Signs with RigNet Inc $RNET.
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» RNET's 10-Y Financials

Financials (Next Earnings Date: 2017-03-06)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

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
Q4 2016

RNET Guru Trades in Q4 2016

Jim Simons 430,600 sh (+18.23%)
» 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%)

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Business Description

Industry: Communication Equipment » Communication Equipment    NAICS: 517919    SIC: 4899
Compare:NYSE:CALX, NAS:DGII, NAS:EXFO, OTCPK:SNVNF, NAS:CRNT, NAS:CMTL, NAS:SILC, OTCPK:TTCNF, NYSE:HIVE, NAS:GILT, NAS:AUDC, NAS:CLFD, NAS:WILN, NAS:HLIT, OTCPK:PAOTF, NAS:SHOR, OTCPK:ADVOF, NAS:ITI, NAS:KVHI, OTCPK:VNWTF » 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 PE Ratio 87.72
RNET's Forward PE Ratio is ranked lower than
93% of the 73 Companies
in the Global Communication Equipment industry.

( Industry Median: 17.09 vs. RNET: 87.72 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
Price-to-Owner-Earnings 91.12
RNET's Price-to-Owner-Earnings is ranked lower than
89% of the 235 Companies
in the Global Communication Equipment industry.

( Industry Median: 20.77 vs. RNET: 91.12 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
RNET' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 25.58  Med: 57.9 Max: 175.5
Current: 91.12
25.58
175.5
PB Ratio 2.81
RNET's PB Ratio is ranked lower than
64% of the 538 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.78 vs. RNET: 2.81 )
Ranked among companies with meaningful PB Ratio only.
RNET' s PB Ratio Range Over the Past 10 Years
Min: 1.7  Med: 3.32 Max: 7.31
Current: 2.81
1.7
7.31
PS Ratio 1.50
RNET's PS Ratio is ranked higher than
50% of the 552 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.48 vs. RNET: 1.50 )
Ranked among companies with meaningful PS Ratio only.
RNET' s PS Ratio Range Over the Past 10 Years
Min: 0.74  Med: 2 Max: 3.99
Current: 1.5
0.74
3.99
Price-to-Free-Cash-Flow 35.49
RNET's Price-to-Free-Cash-Flow is ranked lower than
79% of the 230 Companies
in the Global Communication Equipment industry.

( Industry Median: 17.64 vs. RNET: 35.49 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
RNET' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 10.67  Med: 63.68 Max: 535.14
Current: 35.49
10.67
535.14
Price-to-Operating-Cash-Flow 9.93
RNET's Price-to-Operating-Cash-Flow is ranked higher than
61% of the 279 Companies
in the Global Communication Equipment industry.

( Industry Median: 12.54 vs. RNET: 9.93 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
RNET' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 3.45  Med: 13.67 Max: 34.95
Current: 9.93
3.45
34.95
EV-to-EBITDA 21.43
RNET's EV-to-EBITDA is ranked lower than
65% of the 392 Companies
in the Global Communication Equipment industry.

( Industry Median: 14.29 vs. RNET: 21.43 )
Ranked among companies with meaningful EV-to-EBITDA only.
RNET' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.3  Med: 10.8 Max: 34.6
Current: 21.43
5.3
34.6
Current Ratio 3.31
RNET's Current Ratio is ranked higher than
74% of the 523 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.11 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 523 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 468 Companies
in the Global Communication Equipment industry.

( Industry Median: 72.21 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: 59.15 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
61% of the 333 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-to-Tangible-Book 4.28
RNET's Price-to-Tangible-Book is ranked lower than
68% of the 510 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.37 vs. RNET: 4.28 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
RNET' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.16  Med: 5.43 Max: 12.62
Current: 4.28
3.16
12.62
Price-to-Intrinsic-Value-Projected-FCF 2.24
RNET's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
67% of the 297 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.43 vs. RNET: 2.24 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
RNET' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 1.63  Med: 2.94 Max: 4.05
Current: 2.24
1.63
4.05
Price-to-Median-PS-Value 0.74
RNET's Price-to-Median-PS-Value is ranked higher than
86% of the 493 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.14 vs. RNET: 0.74 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
RNET' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.39  Med: 1.08 Max: 1.96
Current: 0.74
0.39
1.96
Earnings Yield (Greenblatt) % -5.12
RNET's Earnings Yield (Greenblatt) % is ranked lower than
78% of the 556 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.20 vs. RNET: -5.12 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
RNET' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -5.17  Med: 5.2 Max: 8.6
Current: -5.12
-5.17
8.6
Forward Rate of Return (Yacktman) % -11.50
RNET's Forward Rate of Return (Yacktman) % is ranked lower than
81% of the 242 Companies
in the Global Communication Equipment industry.

( Industry Median: 7.15 vs. RNET: -11.50 )
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: 2.6 Max: 21
Current: -11.5
-11.8
21

More Statistics

Revenue (TTM) (Mil) $220.1
EPS (TTM) $ -1.07
Beta1.21
Short Percentage of Float2.13%
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 without NRI ($) -0.03 0.21 0.20
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)
» More Articles for RNET

Headlines

Articles On GuruFocus.com
Meridian Growth Fund 4th Quarter Commentary Feb 21 2017 
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
Meridian Growth Fund 4th Quarter Commentary Feb 21 2017
RigNet Announces Fourth Quarter and Full Year 2016 Earnings Release Date and Conference Call... Feb 20 2017
Houston energy communications co. leases space for new headquarters Feb 17 2017
RIGNET, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement Jan 30 2017
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
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

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