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 : 5/10

vs
industry
vs
history
Cash to Debt 0.69
RNET's Cash to Debt is ranked lower than
70% of the 528 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.27 vs. RNET: 0.69 )
Ranked among companies with meaningful Cash to Debt only.
RNET' s Cash to Debt Range Over the Past 10 Years
Min: 0.3  Med: 0.89 Max: N/A
Current: 0.69
Equity to Asset 0.47
RNET's Equity to Asset is ranked lower than
67% of the 521 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.58 vs. RNET: 0.47 )
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: 0.47
-0.36
0.63
F-Score: 3
Z-Score: 2.10
M-Score: -3.22
WACC vs ROIC
6.84%
-7.82%
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 (%) -5.16
RNET's Operating margin (%) is ranked lower than
75% of the 522 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.87 vs. RNET: -5.16 )
Ranked among companies with meaningful Operating margin (%) only.
RNET' s Operating margin (%) Range Over the Past 10 Years
Min: -4.18  Med: 13.83 Max: 18.03
Current: -5.16
-4.18
18.03
Net-margin (%) -6.75
RNET's Net-margin (%) is ranked lower than
77% of the 524 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.55 vs. RNET: -6.75 )
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: -6.75
-24.85
8.7
ROE (%) -12.98
RNET's ROE (%) is ranked lower than
79% of the 514 Companies
in the Global Communication Equipment industry.

( Industry Median: 4.03 vs. RNET: -12.98 )
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: -12.98
-109.46
14.42
ROA (%) -6.26
RNET's ROA (%) is ranked lower than
77% of the 530 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.02 vs. RNET: -6.26 )
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: -6.26
-22.56
7.18
ROC (Joel Greenblatt) (%) -10.91
RNET's ROC (Joel Greenblatt) (%) is ranked lower than
73% of the 524 Companies
in the Global Communication Equipment industry.

( Industry Median: 9.96 vs. RNET: -10.91 )
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: -10.91
-26.97
50.15
Revenue Growth (3Y)(%) 17.70
RNET's Revenue Growth (3Y)(%) is ranked higher than
83% of the 465 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.80 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: -9.00 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 344 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.40 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: 15.90 Max: 52
Current: -21
0
52
» RNET's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-08-05)


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

» Details

Guru Trades

Q2 2015

RNET Guru Trades in Q2 2015

RS Investment Management 632,791 sh (+45.43%)
Ron Baron 20,690 sh (+0.98%)
Paul Tudor Jones Sold Out
Jim Simons 192,100 sh (-16.04%)
» More
Q3 2015

RNET Guru Trades in Q3 2015

RS Investment Management 749,938 sh (+18.51%)
Ron Baron 20,690 sh (unchged)
Jim Simons 128,600 sh (-33.06%)
» More
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
» 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
Compare:NAS:CMTL, OTCPK:NCLZF, NAS:SILC, NAS:BBOX, OTCPK:AXANF, NAS:GILT, NAS:HLIT, NAS:EXFO, NAS:CLFD, NAS:CRNT, OTCPK:VNWTF, NAS:ALLT, OTCPK:DKKGF, NAS:AUDC, NAS:DGII, NAS:NMRX, NAS:KVHI, NAS:WILN, NAS:ITI, NAS:TESS » 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

Meridian Funds Comments on RigNet Inc - Dec 17, 2014

RigNet (RNET) underperformed due to fears around excess supply of offshore drilling rigs. We believe the overall business is misunderstood and the impact of excess drilling rig supply will have a very small impact on RigNet’s growth prospects. The 20% organic growth rate reported by the company in Q2 is not fully appreciated by the market. As we have demonstrated with some of this quarter’s largest contributors, we are patient investors and believe the risk/reward profile from this price is very favorable. We added to our position in RigNet throughout the quarter.

From Meridian Funds (Trades, Portfolio)’ Meridian Growth Fund 3Q 2014 Commentary.

Check out Meridian Funds latest stock trades

Top Ranked Articles about RigNet Inc

Meridian Funds Comments on RigNet Guru stock highlight
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. Read more...

Ratios

vs
industry
vs
history
Forward P/E 112.36
RNET's Forward P/E is ranked lower than
97% of the 64 Companies
in the Global Communication Equipment industry.

( Industry Median: 15.90 vs. RNET: 112.36 )
Ranked among companies with meaningful Forward P/E only.
N/A
P/B 1.72
RNET's P/B is ranked higher than
52% of the 542 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.85 vs. RNET: 1.72 )
Ranked among companies with meaningful P/B only.
RNET' s P/B Range Over the Past 10 Years
Min: 1.63  Med: 3.42 Max: 7.31
Current: 1.72
1.63
7.31
P/S 0.82
RNET's P/S is ranked higher than
64% of the 548 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.32 vs. RNET: 0.82 )
Ranked among companies with meaningful P/S only.
RNET' s P/S Range Over the Past 10 Years
Min: 0.74  Med: 2.14 Max: 3.99
Current: 0.82
0.74
3.99
PFCF 71.45
RNET's PFCF is ranked lower than
87% of the 237 Companies
in the Global Communication Equipment industry.

( Industry Median: 17.13 vs. RNET: 71.45 )
Ranked among companies with meaningful PFCF only.
RNET' s PFCF Range Over the Past 10 Years
Min: 10.67  Med: 75.90 Max: 535.14
Current: 71.45
10.67
535.14
POCF 6.31
RNET's POCF is ranked higher than
81% of the 286 Companies
in the Global Communication Equipment industry.

( Industry Median: 12.46 vs. RNET: 6.31 )
Ranked among companies with meaningful POCF only.
RNET' s POCF Range Over the Past 10 Years
Min: 3.45  Med: 14.27 Max: 34.95
Current: 6.31
3.45
34.95
EV-to-EBIT -16.96
RNET's EV-to-EBIT is ranked lower than
99.99% of the 361 Companies
in the Global Communication Equipment industry.

( Industry Median: 17.08 vs. RNET: -16.96 )
Ranked among companies with meaningful EV-to-EBIT only.
RNET' s EV-to-EBIT Range Over the Past 10 Years
Min: -80  Med: 17.60 Max: 61.9
Current: -16.96
-80
61.9
EV-to-EBITDA 12.41
RNET's EV-to-EBITDA is ranked lower than
51% of the 394 Companies
in the Global Communication Equipment industry.

( Industry Median: 12.63 vs. RNET: 12.41 )
Ranked among companies with meaningful EV-to-EBITDA only.
RNET' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.3  Med: 10.50 Max: 25.3
Current: 12.41
5.3
25.3
Current Ratio 3.22
RNET's Current Ratio is ranked higher than
73% of the 508 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.07 vs. RNET: 3.22 )
Ranked among companies with meaningful Current Ratio only.
RNET' s Current Ratio Range Over the Past 10 Years
Min: 0.95  Med: 2.83 Max: 3.92
Current: 3.22
0.95
3.92
Quick Ratio 3.22
RNET's Quick Ratio is ranked higher than
81% of the 508 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.63 vs. RNET: 3.22 )
Ranked among companies with meaningful Quick Ratio only.
RNET' s Quick Ratio Range Over the Past 10 Years
Min: 0.95  Med: 2.83 Max: 3.92
Current: 3.22
0.95
3.92
Days Sales Outstanding 95.10
RNET's Days Sales Outstanding is ranked lower than
70% of the 471 Companies
in the Global Communication Equipment industry.

( Industry Median: 71.44 vs. RNET: 95.10 )
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: 95.1
57.4
90.37
Days Payable 18.65
RNET's Days Payable is ranked lower than
89% of the 440 Companies
in the Global Communication Equipment industry.

( Industry Median: 59.32 vs. RNET: 18.65 )
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: 18.65
15.31
52.96

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.85
RNET's Price/Tangible Book is ranked lower than
58% of the 508 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.20 vs. RNET: 2.85 )
Ranked among companies with meaningful Price/Tangible Book only.
RNET' s Price/Tangible Book Range Over the Past 10 Years
Min: 3.29  Med: 5.72 Max: 12.62
Current: 2.85
3.29
12.62
Price/Projected FCF 1.63
RNET's Price/Projected FCF is ranked lower than
63% of the 315 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.26 vs. RNET: 1.63 )
Ranked among companies with meaningful Price/Projected FCF only.
RNET' s Price/Projected FCF Range Over the Past 10 Years
Min: 1.88  Med: 3.34 Max: 4.05
Current: 1.63
1.88
4.05
Price/Median PS Value 0.38
RNET's Price/Median PS Value is ranked higher than
95% of the 529 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.09 vs. RNET: 0.38 )
Ranked among companies with meaningful Price/Median PS Value only.
RNET' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.37  Med: 1.03 Max: 1.83
Current: 0.38
0.37
1.83
Earnings Yield (Greenblatt) (%) -5.89
RNET's Earnings Yield (Greenblatt) (%) is ranked lower than
76% of the 560 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.10 vs. RNET: -5.89 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
RNET' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: -5.89  Med: 5.20 Max: 8.6
Current: -5.89
-5.89
8.6
Forward Rate of Return (Yacktman) (%) 2.83
RNET's Forward Rate of Return (Yacktman) (%) is ranked lower than
56% of the 233 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.58 vs. RNET: 2.83 )
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: 0.6  Med: 8.80 Max: 21
Current: 2.83
0.6
21

More Statistics

Revenue (TTM) (Mil) $256.0
EPS (TTM) $ -0.99
Beta0.94
Short Percentage of Float4.08%
52-Week Range $10.32 - 32.81
Shares Outstanding (Mil)17.73

Analyst Estimate


Warning: Invalid argument supplied for foreach() in /home/gurufocu/public_html/modules/stock/estimate.php on line 163
Dec16 Dec17 Dec18
Revenue (Mil $) 224 200 205
EPS ($) 0.11 0.12 0.29
EPS w/o NRI ($) 0.11 0.12 0.29
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($)
» 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 Announces Global Restructuring Plan Jul 15 2016
RigNet Announces Global Restructuring Plan Jul 15 2016
RIGNET, INC. Files SEC form 8-K, Termination of a Material Definitive Agreement, Costs Associated... Jul 15 2016
RigNet upgraded by Sidoti Jun 28 2016
RIGNET, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits Jun 16 2016
RIGNET, INC. Files SEC form 8-K, Change in Directors or Principal Officers Jun 03 2016
Steven E. Pickett Named Chief Executive Officer at RigNet May 31 2016
RIGNET, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and... May 31 2016
Steven E. Pickett Named Chief Executive Officer at RigNet May 31 2016
RIGNET, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits May 27 2016
RIGNET, INC. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year,... May 24 2016
RIGNET, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and... May 20 2016
RigNet Announces TSI Restructuring Plan May 20 2016
RigNet Announces TSI Restructuring Plan May 20 2016
RIGNET, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders May 18 2016
RIGNET, INC. Financials May 17 2016
RigNet, Inc. :RNET-US: Earnings Analysis: Q1, 2016 By the Numbers May 17 2016
Edited Transcript of RNET earnings conference call or presentation 10-May-16 2:00pm GMT May 10 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)