REC Silicon ASA Logo

REC Silicon ASA

RECSI.OL

(0.0)
Stock Price

4,11 NOK

-2.55% ROA

-54.59% ROE

-30.78x PER

Market Cap.

356.991.646,07 NOK

-452.35% DER

0% Yield

-7.48% NPM

REC Silicon ASA Stock Analysis

REC Silicon ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

REC Silicon ASA Fundamental Stock Analysis
# Analysis Rating
1 ROE

Negative ROE (-202.84%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

2 ROA

The stock's ROA (-35.44%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

3 PBV

The stock's elevated P/BV ratio (27.76x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

4 DER

The stock is burdened with a heavy load of debt (303%), making it financially unstable and potentially risky for investors.

5 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

6 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

7 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

9 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

10 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-2) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

REC Silicon ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

REC Silicon ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

REC Silicon ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

REC Silicon ASA Revenue
Year Revenue Growth
2002 1.055.891
2003 44.612.627 97.63%
2004 233.208.353 80.87%
2005 363.893.527 35.91%
2006 696.236.465 47.73%
2007 1.220.515.067 42.96%
2008 1.174.618.967 -3.91%
2009 1.579.996.376 25.66%
2010 2.343.295.514 32.57%
2011 2.239.311.084 -4.64%
2012 1.279.741.221 -74.98%
2013 403.346.476 -217.28%
2014 493.000.000 18.19%
2015 329.900.000 -49.44%
2016 271.200.000 -21.64%
2017 272.400.000 0.44%
2018 221.200.000 -23.15%
2019 160.200.000 -38.08%
2020 122.100.000 -31.2%
2021 143.200.000 14.73%
2022 147.800.000 3.11%
2023 139.200.000 -6.18%
2023 141.100.000 1.35%
2024 150.800.000 6.43%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

REC Silicon ASA Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

REC Silicon ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 1.595.462
2003 20.800.239 92.33%
2004 0 0%
2005 60.777.637 100%
2006 107.301.204 43.36%
2007 189.899.301 43.5%
2008 221.590.498 14.3%
2009 304.402.971 27.2%
2010 376.090.765 19.06%
2011 0 0%
2012 84.002.607 100%
2013 45.382.644 -85.1%
2014 47.900.000 5.26%
2015 43.100.000 -11.14%
2016 30.800.000 -39.94%
2017 22.700.000 -35.68%
2018 18.000.000 -26.11%
2019 14.500.000 -24.14%
2020 11.800.000 -22.88%
2021 13.300.000 11.28%
2022 16.500.000 19.39%
2023 0 0%
2023 31.900.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

REC Silicon ASA EBITDA
Year EBITDA Growth
2002 -14.635.016
2003 -12.067.337 -21.28%
2004 26.634.435 145.31%
2005 125.144.806 78.72%
2006 207.940.883 39.82%
2007 484.445.056 57.08%
2008 745.192.566 34.99%
2009 265.403.497 -180.78%
2010 937.420.265 71.69%
2011 2.304.148.237 59.32%
2012 1.163.677.917 -98.01%
2013 111.812.313 -940.74%
2014 365.500.000 69.41%
2015 254.800.000 -43.45%
2016 52.300.000 -387.19%
2017 -16.600.000 415.06%
2018 410.900.000 104.04%
2019 -16.600.000 2575.3%
2020 55.500.000 129.91%
2021 8.500.000 -552.94%
2022 -42.800.000 119.86%
2023 -64.400.000 33.54%
2023 -67.400.000 4.45%
2024 -152.800.000 55.89%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

REC Silicon ASA Gross Profit
Year Gross Profit Growth
2002 342.432
2003 43.279.244 99.21%
2004 135.477.224 68.05%
2005 272.483.132 50.28%
2006 577.400.963 52.81%
2007 986.681.918 41.48%
2008 930.693.688 -6.02%
2009 1.025.375.543 9.23%
2010 1.496.198.268 31.47%
2011 1.275.968.369 -17.26%
2012 649.273.888 -96.52%
2013 316.691.934 -105.02%
2014 424.400.000 25.38%
2015 248.500.000 -70.78%
2016 183.000.000 -35.79%
2017 200.400.000 8.68%
2018 165.500.000 -21.09%
2019 113.900.000 -45.3%
2020 101.500.000 -12.22%
2021 117.500.000 13.62%
2022 117.000.000 -0.43%
2023 124.000.000 5.65%
2023 123.600.000 -0.32%
2024 106.000.000 -16.6%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

REC Silicon ASA Net Profit
Year Net Profit Growth
2002 -18.402.920
2003 -20.572.735 10.55%
2004 -7.913.337 -159.98%
2005 581.745 1460.28%
2006 73.627.309 99.21%
2007 245.011.576 69.95%
2008 439.430.473 44.24%
2009 -405.007.809 208.5%
2010 168.228.750 340.75%
2011 -1.680.404.771 110.01%
2012 -1.079.496.199 -55.67%
2013 -340.863.125 -216.69%
2014 212.800.000 260.18%
2015 -62.600.000 439.94%
2016 -147.400.000 57.53%
2017 -367.000.000 59.84%
2018 -341.600.000 -7.44%
2019 -127.000.000 -168.98%
2020 -46.700.000 -171.95%
2021 -30.100.000 -55.15%
2022 -86.800.000 65.32%
2023 -99.200.000 12.5%
2023 30.500.000 425.25%
2024 -202.800.000 115.04%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

REC Silicon ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 -1 0%
2004 0 0%
2005 0 0%
2006 1 100%
2007 3 66.67%
2008 -4 175%
2009 -5 0%
2010 2 500%
2011 -13 108.33%
2012 -7 -100%
2013 -1 -500%
2014 1 0%
2015 0 0%
2016 -1 0%
2017 -1 100%
2018 -1 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 1 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

REC Silicon ASA Free Cashflow
Year Free Cashflow Growth
2002 -28.802.818
2003 -41.721.956 30.96%
2004 2.057.556 2127.74%
2005 19.211.536 89.29%
2006 -25.000.804 176.84%
2007 -229.040.060 89.08%
2008 -1.122.906.688 79.6%
2009 -1.699.755.822 33.94%
2010 -334.586.403 -408.02%
2011 396.897.198 184.3%
2012 178.035.377 -122.93%
2013 -37.325.581 576.98%
2014 51.900.000 171.92%
2015 -53.100.000 197.74%
2016 -10.700.000 -396.26%
2017 36.200.000 129.56%
2018 -11.800.000 406.78%
2019 -15.000.000 21.33%
2020 -3.500.000 -328.57%
2021 -22.900.000 84.72%
2022 -98.000.000 76.63%
2023 -231.700.000 57.7%
2023 -32.100.000 -621.81%
2024 -61.900.000 48.14%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

REC Silicon ASA Operating Cashflow
Year Operating Cashflow Growth
2002 -19.946.389
2003 -31.757.049 37.19%
2004 35.800.526 188.71%
2005 82.447.838 56.58%
2006 221.503.132 62.78%
2007 561.395.442 60.54%
2008 274.969.884 -104.17%
2009 221.917.359 -23.91%
2010 422.698.123 47.5%
2011 519.032.301 18.56%
2012 231.410.169 -124.29%
2013 -1.151.009 20204.98%
2014 87.700.000 101.31%
2015 1.600.000 -5381.25%
2016 3.800.000 57.89%
2017 38.800.000 90.21%
2018 -10.100.000 484.16%
2019 -13.000.000 22.31%
2020 -2.200.000 -490.91%
2021 -14.600.000 84.93%
2022 -42.100.000 65.32%
2023 -86.000.000 51.05%
2023 8.700.000 1088.51%
2024 -31.500.000 127.62%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

REC Silicon ASA Capital Expenditure
Year Capital Expenditure Growth
2002 8.856.429
2003 9.964.907 11.12%
2004 33.742.970 70.47%
2005 63.236.302 46.64%
2006 246.503.936 74.35%
2007 790.435.502 68.81%
2008 1.397.876.572 43.45%
2009 1.921.673.181 27.26%
2010 757.284.526 -153.76%
2011 122.135.103 -520.04%
2012 53.374.791 -128.83%
2013 36.174.572 -47.55%
2014 35.800.000 -1.05%
2015 54.700.000 34.55%
2016 14.500.000 -277.24%
2017 2.600.000 -457.69%
2018 1.700.000 -52.94%
2019 2.000.000 15%
2020 1.300.000 -53.85%
2021 8.300.000 84.34%
2022 55.900.000 85.15%
2023 145.700.000 61.63%
2023 40.800.000 -257.11%
2024 30.400.000 -34.21%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

REC Silicon ASA Equity
Year Equity Growth
2002 32.584.007
2003 77.939.411 58.19%
2004 152.091.267 48.75%
2005 182.516.200 16.67%
2006 1.708.677.429 89.32%
2007 2.160.429.621 20.91%
2008 2.367.993.850 8.77%
2009 2.917.885.400 18.85%
2010 3.767.881.746 22.56%
2011 2.042.621.632 -84.46%
2012 1.277.950.121 -59.84%
2013 956.324.137 -33.63%
2014 1.054.400.000 9.3%
2015 921.000.000 -14.48%
2016 782.000.000 -17.77%
2017 448.900.000 -74.2%
2018 106.700.000 -320.71%
2019 800.000 -13237.5%
2020 59.000.000 98.64%
2021 33.300.000 -77.18%
2022 60.400.000 44.87%
2023 76.400.000 20.94%
2023 -12.300.000 721.14%
2024 -14.900.000 17.45%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

REC Silicon ASA Assets
Year Assets Growth
2002 57.384.088
2003 222.455.458 74.2%
2004 334.062.489 33.41%
2005 899.209.460 62.85%
2006 2.374.384.417 62.13%
2007 3.297.562.660 28%
2008 4.332.162.749 23.88%
2009 5.890.473.602 26.45%
2010 6.270.730.919 6.06%
2011 4.099.651.521 -52.96%
2012 2.464.912.343 -66.32%
2013 1.525.087.065 -61.62%
2014 1.474.200.000 -3.45%
2015 1.232.200.000 -19.64%
2016 1.070.600.000 -15.09%
2017 800.200.000 -33.79%
2018 357.300.000 -123.96%
2019 290.600.000 -22.95%
2020 341.400.000 14.88%
2021 294.900.000 -15.77%
2022 319.900.000 7.81%
2023 552.900.000 42.14%
2023 443.600.000 -24.64%
2024 456.100.000 2.74%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

REC Silicon ASA Liabilities
Year Liabilities Growth
2002 24.800.079
2003 144.516.046 82.84%
2004 173.873.047 16.88%
2005 716.693.260 75.74%
2006 665.706.987 -7.66%
2007 1.137.133.039 41.46%
2008 1.964.168.899 42.11%
2009 2.972.588.201 33.92%
2010 2.502.849.172 -18.77%
2011 2.057.029.888 -21.67%
2012 1.186.962.222 -73.3%
2013 568.762.928 -108.69%
2014 419.800.000 -35.48%
2015 311.200.000 -34.9%
2016 288.600.000 -7.83%
2017 351.300.000 17.85%
2018 250.600.000 -40.18%
2019 289.800.000 13.53%
2020 282.400.000 -2.62%
2021 261.600.000 -7.95%
2022 259.500.000 -0.81%
2023 476.500.000 45.54%
2023 456.000.000 -4.5%
2024 471.000.000 3.18%

REC Silicon ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.37
Net Income per Share
-0.03
Price to Earning Ratio
-30.78x
Price To Sales Ratio
2.3x
POCF Ratio
-3.25
PFCF Ratio
-1.09
Price to Book Ratio
-23.96
EV to Sales
2.49
EV Over EBITDA
-3.54
EV to Operating CashFlow
-3.52
EV to FreeCashFlow
-1.18
Earnings Yield
-0.03
FreeCashFlow Yield
-0.92
Market Cap
0,36 Bil.
Enterprise Value
0,39 Bil.
Graham Number
0.15
Graham NetNet
-0.96

Income Statement Metrics

Net Income per Share
-0.03
Income Quality
4.48
ROE
-0.55
Return On Assets
-0.03
Return On Capital Employed
-0.37
Net Income per EBT
1
EBT Per Ebit
0.09
Ebit per Revenue
-0.84
Effective Tax Rate
-1

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.78
Operating Profit Margin
-0.84
Pretax Profit Margin
-0.07
Net Profit Margin
-0.07

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.26
Free CashFlow per Share
-0.78
Capex to Operating CashFlow
-1.99
Capex to Revenue
1.41
Capex to Depreciation
10.25
Return on Invested Capital
-4.97
Return on Tangible Assets
-0.03
Days Sales Outstanding
0
Days Payables Outstanding
614.01
Days of Inventory on Hand
657.64
Receivables Turnover
0
Payables Turnover
0.59
Inventory Turnover
0.56
Capex per Share
0.52

Balance Sheet

Cash per Share
0,09
Book Value per Share
-0,04
Tangible Book Value per Share
-0.04
Shareholders Equity per Share
-0.04
Interest Debt per Share
0.2
Debt to Equity
-4.52
Debt to Assets
0.15
Net Debt to EBITDA
-0.27
Current Ratio
1.18
Tangible Asset Value
-0,02 Bil.
Net Current Asset Value
-0,35 Bil.
Invested Capital
353800000
Working Capital
0,02 Bil.
Intangibles to Total Assets
0
Average Receivables
0,01 Bil.
Average Payables
0,05 Bil.
Average Inventory
58500000
Debt to Market Cap
0.19

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

REC Silicon ASA Dividends
Year Dividends Growth

REC Silicon ASA Profile

About REC Silicon ASA

REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various solar grade polysilicon for solar applications, including granular polysilicon, Siemens rod sections, chunks, chips, and fines. The company also provides electronic grade polysilicon comprising TearDrop, as-grown Siemens rods, rod sections, chunks, and chips for use in Czochralski monocrystalline ingot/wafer manufacturing for the semiconductor industry, as well as other electronic market segments, such as optics and microelectromechanical systems; and float zone polysilicon. In addition, it offers silicon gases consisting of silane, dichlorosilane, monochlorosilane, disilane, and polysilanes. The company was formerly known as Renewable Energy Corporation ASA and changed its name to REC Silicon ASA in October 2013. REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway.

CEO
Mr. William Kurtis Levens
Employee
495
Address
Fornebuveien 84
Lysaker, 1324

REC Silicon ASA Executives & BODs

REC Silicon ASA Executives & BODs
# Name Age
1 Ms. Vivianne Park
Vice President of Human Resources
70
2 Mr. Jeff Johnson
Vice President of Moses Lake Operations
70
3 Mr. Jackson Sim
Senior Vice President of Operational Excellence
70
4 Mr. Douglas J. Moore
Corporate Controller
70
5 Mr. William Kurtis Levens
President & Chief Executive Officer
70
6 Mr. James Bowen
General Counsel & Corporation Sec.
70
7 Mr. Jeff Catlin
Senior Vice President of Sales
70
8 Mr. Jeong Ryul Yun
Chief Financial Officer
70
9 Mr. Dongjin Jung
Chief Strategy Officer
70

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