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RHI Magnesita NV (GB:RHIM)
LSE:RHIM

RHI Magnesita NV (RHIM) AI Stock Analysis

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RHI Magnesita NV

(LSE:RHIM)

68Neutral
RHI Magnesita NV's overall stock score reflects a mix of solid financial performance and attractive valuation, offset by weak technical indicators. The recent corporate events are positive, showcasing strategic growth and leadership enhancement, which could improve long-term prospects despite current bearish technical signals.

RHI Magnesita NV (RHIM) vs. S&P 500 (SPY)

RHI Magnesita NV Business Overview & Revenue Model

Company DescriptionRHI Magnesita NV (RHIM) is a leading global supplier of high-grade refractory products, systems, and solutions critical for high-temperature industrial processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals, glass, and energy. Headquartered in Vienna, Austria, and registered in the Netherlands, the company operates globally, serving customers in over 180 countries with a diverse portfolio of products essential for maintaining operational efficiency and longevity in extreme conditions.
How the Company Makes MoneyRHI Magnesita NV generates revenue primarily through the manufacture and sale of refractory products and solutions, which are indispensable in high-temperature industrial applications. The company's key revenue streams include the production of customized refractory materials and the provision of comprehensive services and solutions that include installation, maintenance, and recycling. Additionally, RHI Magnesita benefits from strategic partnerships and long-term contracts with major industrial players across steel, cement, and other sectors, ensuring a steady and diversified income. The company also invests in innovation and sustainability, offering advanced solutions that enhance the efficiency and environmental footprint of its clients' operations, thus adding value and fostering customer loyalty.

RHI Magnesita NV Financial Statement Overview

Summary
RHI Magnesita NV maintains a strong financial position with stable profitability and effective cash flow management. Despite a recent dip in revenue and EBIT margin, the company holds a balanced debt level and demonstrates effective equity utilization. Continued focus on operational efficiency could further enhance financial resilience.
Income Statement
72
Positive
RHI Magnesita NV demonstrates solid gross and net profit margins over recent years, with a notable gross profit margin of 24.32% and a net profit margin of 4.07% in the latest year. However, there is a slight decline in revenue by 2.37% from the previous year. The EBIT margin has fluctuated with the latest data showing a decline to 0%, indicating potential operational challenges. Nevertheless, the EBITDA margin remains healthy at 13.54%.
Balance Sheet
68
Positive
The company's balance sheet reflects a relatively stable debt-to-equity ratio of 1.51, which is manageable but indicates a moderate leverage level. The return on equity (ROE) is 11.81%, showcasing decent profitability relative to shareholder equity. The equity ratio stands at 26.27%, suggesting a balanced approach to financing through equity and liabilities.
Cash Flow
75
Positive
RHI Magnesita NV's cash flow generation capacity appears robust, with a free cash flow to net income ratio of 2.03 and an operating cash flow to net income ratio of 3.05, highlighting strong cash conversion. Free cash flow has been stable, with a slight decrease recently, but remains positive, indicating effective management of operating and capital expenditures.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
3.57B3.49B3.57B3.32B2.55B2.26B
Gross Profit
859.30M848.00M857.40M763.40M583.50M550.10M
EBIT
306.05M0.00306.80M343.60M360.90M211.90M
EBITDA
453.30M472.00M507.30M477.80M463.20M351.60M
Net Income Common Stockholders
185.60M142.00M164.60M155.70M243.10M24.80M
Balance SheetCash, Cash Equivalents and Short-Term Investments
527.70M577.00M708.00M495.50M559.10M587.20M
Total Assets
3.54B4.58B4.85B4.07B3.91B3.05B
Total Debt
1.15B1.82B2.00B1.67B1.59B1.16B
Net Debt
658.60M1.24B1.31B1.18B1.03B572.20M
Total Liabilities
2.65B3.20B3.49B3.03B3.09B2.39B
Stockholders Equity
800.50M1.20B1.20B1.00B785.90M646.10M
Cash FlowFree Cash Flow
311.90M288.00M320.20M77.10M-343.90M162.10M
Operating Cash Flow
496.40M433.00M499.70M233.80M-91.80M319.00M
Investing Cash Flow
-333.90M-154.00M-482.00M-199.70M-128.90M-137.90M
Financing Cash Flow
-312.00M-409.00M178.00M-83.90M197.70M-17.70M

RHI Magnesita NV Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3060.00
Price Trends
50DMA
3353.40
Negative
100DMA
3318.10
Negative
200DMA
3333.30
Negative
Market Momentum
MACD
-99.67
Negative
RSI
44.33
Neutral
STOCH
88.58
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:RHIM, the sentiment is Negative. The current price of 3060 is above the 20-day moving average (MA) of 3035.00, below the 50-day MA of 3353.40, and below the 200-day MA of 3333.30, indicating a bearish trend. The MACD of -99.67 indicates Negative momentum. The RSI at 44.33 is Neutral, neither overbought nor oversold. The STOCH value of 88.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:RHIM.

RHI Magnesita NV Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBSDR
78
Outperform
£4.93B12.049.48%6.76%0.72%7.66%
75
Outperform
£10.13B35.2116.90%0.83%11.94%20.48%
CRCRH
75
Outperform
£58.26B17.1416.07%1.70%1.78%15.53%
74
Outperform
£32.94B20.4029.63%2.04%1.84%-5.54%
68
Neutral
£1.47B12.1811.86%5.08%-4.96%-13.52%
65
Neutral
£3.66B20.123.17%6.22%-30.83%
63
Neutral
$4.29B11.055.73%232.30%4.75%-5.69%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:RHIM
RHI Magnesita NV
3,060.00
-118.70
-3.73%
GB:HLMA
Halma plc
2,666.00
483.96
22.18%
GB:BLND
British Land Company plc
376.00
17.78
4.96%
GB:SDR
Schroders
316.00
-31.58
-9.09%
FERG
Ferguson PLC
164.25
-41.64
-20.23%
CRH
CRH plc
85.02
9.09
11.97%

RHI Magnesita NV Corporate Events

Executive/Board ChangesRegulatory Filings and Compliance
RHI Magnesita CEO Exercises Share Options, Concludes Tax-Related Share Sales
Neutral
Apr 7, 2025

RHI Magnesita N.V. announced that its CEO, Stefan Borgas, exercised share options under the company’s Long Term Incentive Plan, acquiring 58,755 ordinary shares. To cover the tax liabilities from this transaction, shares were sold on the London Stock Exchange, concluding the necessary sales. This announcement aligns with regulatory requirements and reflects the company’s commitment to transparency in managerial transactions.

Spark’s Take on GB:RHIM Stock

According to Spark, TipRanks’ AI Analyst, GB:RHIM is a Neutral.

RHI Magnesita NV’s overall stock score reflects a mix of solid financial performance and attractive valuation, offset by weak technical indicators. The recent corporate events are positive, showcasing strategic growth and leadership enhancement, which could improve long-term prospects despite current bearish technical signals.

To see Spark’s full report on GB:RHIM stock, click here.

Financial DisclosuresRegulatory Filings and Compliance
RHI Magnesita CEO Exercises Share Options and Sells Shares for Tax Liabilities
Neutral
Apr 3, 2025

RHI Magnesita N.V. announced that its CEO, Stefan Borgas, exercised share options over 58,755 ordinary shares as part of the company’s Long Term Incentive Plan. The shares, acquired in March 2022, are to be retained until March 2027, except for those sold to cover tax liabilities. Recent transactions involved the sale of shares on the London Stock Exchange to fund these tax obligations, with sales occurring on April 1 and April 2, 2025. This disclosure aligns with EU Market Abuse Regulation requirements, reflecting the company’s commitment to transparency in its financial dealings.

Executive/Board ChangesRegulatory Filings and Compliance
RHI Magnesita CEO Exercises Share Options, Sells Shares to Cover Taxes
Neutral
Apr 1, 2025

RHI Magnesita N.V. announced that its CEO, Stefan Borgas, exercised share options under the company’s Long Term Incentive Plan, acquiring 58,755 ordinary shares. To cover tax liabilities from this transaction, a portion of the shares was sold on the London Stock Exchange. This move is in compliance with the EU Market Abuse Regulation, reflecting transparency in managerial financial activities.

Regulatory Filings and Compliance
RHI Magnesita Announces Total Voting Rights Update
Neutral
Apr 1, 2025

RHI Magnesita N.V. announced its total voting rights as of March 31, 2025, with an issued share capital of 47,235,004 ordinary shares, excluding 2,242,701 shares held in treasury. This information is crucial for shareholders and stakeholders to determine their notification obligations under the FCA’s Disclosure Guidance and Transparency Rules.

Executive/Board ChangesRegulatory Filings and Compliance
RHI Magnesita CEO Exercises Share Options Under LTIP
Neutral
Mar 28, 2025

RHI Magnesita N.V. announced that its CEO, Stefan Borgas, exercised share options over 58,755 ordinary shares under the company’s Long Term Incentive Plan. The shares, vested on March 17, 2025, are subject to retention and clawback provisions, with some being sold to cover tax liabilities. This transaction reflects the company’s adherence to regulatory requirements and its commitment to transparent executive compensation practices.

Executive/Board ChangesShareholder Meetings
RHI Magnesita Updates AGM Notice with New Director Proposal
Neutral
Mar 27, 2025

RHI Magnesita has reissued its 2025 Annual General Meeting notice to include a proposal for the election of Franz-Ferdinand Buerstedde as a Non-Independent Non-Executive Director, nominated by Rhône Capital. This update aligns with the company’s governance practices and is now available for stakeholders on the company’s website and the National Storage Mechanism. The reissue of the AGM notice reflects RHI Magnesita’s commitment to transparent corporate governance and may influence its strategic direction by incorporating new leadership perspectives.

Executive/Board ChangesBusiness Operations and Strategy
RHI Magnesita Proposes New Board Member Backed by Rhône Capital
Positive
Mar 27, 2025

RHI Magnesita N.V. has proposed Franz-Ferdinand Buerstedde as a Non-Independent Non-Executive Director at its 2025 Annual General Meeting. Buerstedde, a Managing Director at Rhône Capital, brings extensive experience in investments across various sectors and holds significant board experience. His nomination is backed by Rhône Capital, which holds approximately 24% of RHI Magnesita’s capital. This strategic move is expected to enhance the company’s board with Buerstedde’s expertise, potentially impacting its operations and market positioning positively.

Shareholder Meetings
RHI Magnesita Announces Hybrid Format for 2025 AGM
Neutral
Mar 24, 2025

RHI Magnesita N.V. has announced the details of its 2025 Annual General Meeting (AGM), which will be conducted as a hybrid meeting, allowing shareholders to participate electronically and reducing the environmental impact of travel. This approach continues the company’s successful virtual meeting strategy since 2020, facilitating direct communication with the Board while maintaining cost efficiency and sustainability.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
RHI Magnesita Shows Resilience Amidst Challenging Market Conditions in 2024
Neutral
Feb 27, 2025

RHI Magnesita reported its 2024 full-year results, showcasing resilience in margin and cash flow despite challenging market conditions. The company’s revenue slightly declined by 2% to €3,487 million, while adjusted EBITA remained stable at €407 million. Strategic moves included the acquisition of Resco, contributing to a total M&A deal value of €1.2 billion since December 2021, and a record recycling rate of 14.2%. Despite weak market demand, particularly in China, the company maintained strong operational efficiency and cost discipline. Looking ahead, RHI Magnesita anticipates modest growth in adjusted EBITA for 2025, supported by the Resco acquisition and ongoing network optimization efforts.

Business Operations and StrategyFinancial Disclosures
RHI Magnesita to Announce 2024 Full-Year Financial Results
Neutral
Feb 17, 2025

RHI Magnesita has announced that it will release its full-year financial results for 2024 on February 27, 2025. This announcement underscores the company’s strategic positioning in the market, as it continues to leverage its substantial scale and global presence. The forthcoming results are anticipated to provide insights into the company’s performance and its adaptation to market trends, which could have implications for its operations and stakeholders.

Regulatory Filings and Compliance
RHI Magnesita Announces Share Capital and Voting Rights Update
Neutral
Feb 3, 2025

RHI Magnesita announced that its total issued share capital, as of January 31, 2025, consists of 47,197,269 ordinary shares, with 2,280,436 of these held in treasury, resulting in 47,197,269 shares having voting rights. This information is crucial for shareholders and others with notification obligations under the FCA’s Disclosure Guidance and Transparency Rules, as it determines the denominator for calculating changes in their interest in the company.

M&A TransactionsBusiness Operations and Strategy
RHI Magnesita Completes Acquisition of Resco Group, Expanding North American Reach
Positive
Jan 28, 2025

RHI Magnesita has completed its $410 million acquisition of Resco Group, a US-based producer of alumina monolithics and various refractories, enhancing its market presence in North America. The acquisition is expected to bolster RHI Magnesita’s product portfolio, supply security, and operational efficiency, while generating synergies through supply chain optimization and increased local production in the US and Canada. The transaction reflects the company’s strategic focus on expanding in regions with dynamic economic growth, particularly in the alumina-based refractories sector.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.