RCM Technologies, Inc. (RCMT) 10-Year Financial Performance & Capital Metrics

RCMT • • Industrial / General

IndustrialsConglomeratesSpecialized Industrial ServicesEngineering & Technical Services

AboutRCM Technologies, Inc. provides business and technology solutions in the United States, Canada, Puerto Rico, and Serbia. It operates through three segments: Engineering, Specialty Health Care, and Life Sciences and Information Technology. The Engineering segment offers a range of engineering services, including project management engineering and design, engineering analysis, engineer-procure-construct, configuration management, hardware/software validation and verification, quality assurance, technical writing and publications, manufacturing process planning and improvement, and 3D/BIM integrated design. The Specialty Health Care segment provides long-term and short-term staffing, executive search, and placement services in the fields of allied and therapy staffing, correctional healthcare staffing, health information management, nursing services, physician and advanced practice, school services, and telepractice. The Life Sciences and Information Technology segment provides enterprise business solutions, application services, infrastructure solutions, competitive advantage, life sciences solutions, and other vertical market specific solutions. The company serves aerospace and defense, energy, financial services, health care, life sciences, manufacturing and distribution, and technology industries, as well as educational institutions and the public sector. RCM Technologies, Inc. was founded in 1971 and is based in Pennsauken, New Jersey.Show more

Revenue $278M +5.8%
EBITDA $24M -1.9%
Net Income $13M -20.8%
EPS (Diluted) 1.68 -14.3%
Gross Margin 28.66% -1.6%
EBITDA Margin 8.77% -7.3%
Operating Margin 8.02% -10.9%
Net Margin 4.79% -25.1%
ROE 44.97% -22.9%
ROIC 26.91% -25.1%
Debt/Equity 1.26 -4.4%
Interest Coverage 10.08 -40.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 58.5%
✓Strong 5Y profit CAGR of 26.8%
✓Share count reduced 7.6% through buybacks
✓Efficient asset utilization: 2.1x turnover

✗Weaknesses

✗Low quality earnings: Net income not backed by cash flow

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y3.69%

5Y7.81%

3Y10.94%

TTM13.7%

Profit (Net Income) CAGR

10Y6.94%

5Y26.85%

3Y6.64%

TTM-16.66%

EPS CAGR

10Y12.02%

5Y40.21%

3Y20.93%

TTM-12.31%

ROCE

10Y Avg19.54%

5Y Avg30.71%

3Y Avg46.16%

Latest31.73%

Peer Comparison

Engineering & Technical Services

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
RCMTRCM Technologies, Inc.	152.58M	20.59	12.26	5.75%	4.23%	31.65%	2.36%	1.26

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Jan 2021	Jan 2022	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	185.74M	176.45M	186.74M	200.35M	191.1M	150.41M	203.88M	284.68M	263.24M	278.38M
Revenue Growth %	-0.04%	-0.05%	0.06%	0.07%	-0.05%	-0.21%	0.36%	0.4%	-0.08%	0.06%
Cost of Goods Sold+	133.85M	129.42M	138.35M	151.04M	142.51M	111.55M	150.75M	201.75M	186.54M	198.6M
COGS % of Revenue	0.72%	0.73%	0.74%	0.75%	0.75%	0.74%	0.74%	0.71%	0.71%	0.71%
Gross Profit+	51.88M	47.03M	48.39M	49.31M	48.59M	38.85M	53.12M	82.93M	76.7M	79.78M
Gross Margin %	0.28%	0.27%	0.26%	0.25%	0.25%	0.26%	0.26%	0.29%	0.29%	0.29%
Gross Profit Growth %	0%	-0.09%	0.03%	0.02%	-0.01%	-0.2%	0.37%	0.56%	-0.08%	0.04%
Operating Expenses+	44.03M	41.63M	42.4M	42.32M	42.02M	49.8M	38.99M	54.13M	53M	57.45M
OpEx % of Revenue	0.24%	0.24%	0.23%	0.21%	0.22%	0.33%	0.19%	0.19%	0.2%	0.21%
Selling, General & Admin	42.57M	40.06M	40.64M	40.76M	40.44M	37.79M	42.02M	53.4M	52.19M	56.79M
SG&A % of Revenue	0.23%	0.23%	0.22%	0.2%	0.21%	0.25%	0.21%	0.19%	0.2%	0.2%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-697K	-285K	-525K	-1.51M	1.59M	12.01M	-3.03M	734K	819K	666K
Operating Income+	7.85M	4.12M	280K	5.42M	6.57M	-10.95M	14.14M	28.8M	23.69M	22.32M
Operating Margin %	0.04%	0.02%	0%	0.03%	0.03%	-0.07%	0.07%	0.1%	0.09%	0.08%
Operating Income Growth %	-0.25%	-0.48%	-0.93%	18.34%	0.21%	-2.67%	2.29%	1.04%	-0.18%	-0.06%
EBITDA+	9.32M	5.68M	2.04M	6.98M	8.15M	-8.07M	15.24M	29.84M	24.91M	24.43M
EBITDA Margin %	0.05%	0.03%	0.01%	0.03%	0.04%	-0.05%	0.07%	0.1%	0.09%	0.09%
EBITDA Growth %	-0.21%	-0.39%	-0.64%	2.43%	0.17%	-1.99%	2.89%	0.96%	-0.17%	-0.02%
D&A (Non-Cash Add-back)	1.47M	1.57M	1.76M	1.57M	1.59M	2.88M	1.1M	1.04M	1.21M	2.1M
EBIT	7.66M	5.4M	5.99M	6.99M	6.57M	-11.28M	14.28M	28.85M	23.59M	22.41M
Net Interest Income+	-504K	-539K	-590K	-1.47M	-1.7M	-778K	-365K	-370K	-1.4M	-2.54M
Interest Income	0	0	0	0	0	0	0	0	0	-323K
Interest Expense	504K	528K	590K	1.47M	1.7M	778K	365K	370K	1.4M	2.21M
Other Income/Expense	-697K	-528K	-525K	-1.51M	-1.75M	-1.11M	-222K	-318K	-1.5M	-2.13M
Pretax Income+	7.15M	3.3M	-245K	3.91M	4.82M	-12.06M	13.91M	28.48M	22.2M	20.19M
Pretax Margin %	0.04%	0.02%	-0%	0.02%	0.03%	-0.08%	0.07%	0.1%	0.08%	0.07%
Income Tax+	1.14M	1.54M	-2.25M	1.19M	764K	-3.19M	2.92M	7.59M	5.36M	6.86M
Effective Tax Rate %	0.84%	0.53%	-8.2%	0.69%	0.84%	0.74%	0.79%	0.73%	0.76%	0.66%
Net Income+	6.01M	1.76M	2.01M	2.71M	4.06M	-8.87M	10.99M	20.89M	16.83M	13.33M
Net Margin %	0.03%	0.01%	0.01%	0.01%	0.02%	-0.06%	0.05%	0.07%	0.06%	0.05%
Net Income Growth %	-0.12%	-0.71%	0.14%	0.35%	0.49%	-3.19%	2.24%	0.9%	-0.19%	-0.21%
Net Income (Continuing)	6.01M	1.76M	2.01M	2.71M	4.06M	-8.87M	10.99M	20.89M	16.83M	13.33M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.47	0.14	0.16	0.22	0.31	-0.73	0.95	2.00	1.96	1.68
EPS Growth %	-0.13%	-0.7%	0.14%	0.38%	0.41%	-3.35%	2.3%	1.11%	-0.02%	-0.14%
EPS (Basic)	0.48	0.15	0.16	0.22	0.31	-0.73	1.00	2.08	2.03	1.72
Diluted Shares Outstanding	12.9M	12.56M	12.19M	12.34M	12.97M	12.15M	11.63M	10.44M	8.59M	7.94M
Basic Shares Outstanding	12.66M	11.95M	12M	12.33M	12.91M	12.15M	11.04M	10.05M	7.84M	7.93M
Dividend Payout Ratio	2.08%	-	6.07%	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Jan 2021	Jan 2022	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	64.53M	53.07M	55.64M	58.81M	70.66M	43.93M	51.97M	59.02M	90.5M	97.04M
Cash & Short-Term Investments	985K	279K	2.85M	482K	1.85M	734K	235K	339K	6.28M	4.73M
Cash Only	985K	279K	2.85M	482K	1.85M	734K	235K	339K	6.28M	4.73M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	58.43M	49.47M	49.08M	54.9M	64.67M	38.5M	49.25M	54.04M	79.58M	85.28M
Days Sales Outstanding	114.82	102.32	95.94	100.02	123.51	93.43	88.17	69.29	110.35	111.81
Inventory	-7.48M	-4.29M	-3M	0	-4.91M	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	609K	0	0	0	4.91M	0	0	4.64M	4.64M	7.03M
Total Non-Current Assets+	16.81M	16.76M	17.64M	22.7M	25.52M	24.41M	20.88M	28.95M	29.98M	35.04M
Property, Plant & Equipment	4.7M	4.05M	3.45M	3.48M	8.54M	4.49M	3.82M	5.76M	6.78M	12.54M
Fixed Asset Turnover	39.54x	43.55x	54.19x	57.49x	22.38x	33.51x	53.43x	49.39x	38.80x	22.20x
Goodwill	11.63M	12.32M	11.69M	17.53M	16.35M	16.35M	16.35M	22.15M	22.15M	22.15M
Intangible Assets	252K	171K	105K	743K	416K	95K	0	864K	683K	0
Long-Term Investments	-609K	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	227K	212K	215K	214K	209K	169K	176K	173K	313K	230K
Total Assets+	81.34M	69.83M	73.28M	81.51M	96.17M	68.34M	72.85M	87.96M	120.48M	132.08M
Asset Turnover	2.28x	2.53x	2.55x	2.46x	1.99x	2.20x	2.80x	3.24x	2.18x	2.11x
Asset Growth %	-0.07%	-0.14%	0.05%	0.11%	0.18%	-0.29%	0.07%	0.21%	0.37%	0.1%
Total Current Liabilities+	26.88M	23.71M	22.19M	23.19M	21.41M	28.74M	29.86M	40.42M	58.2M	53.63M
Accounts Payable	16.86M	7.62M	7.67M	9.67M	10.77M	12.4M	11.37M	23.91M	43.56M	37.24M
Days Payables Outstanding	45.97	21.48	20.22	23.37	27.59	40.56	27.53	43.26	85.22	68.44
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	1000K	398K	1000K	1000K	1000K	1000K
Other Current Liabilities	822K	8.37M	6.37M	4.39M	-7.5M	500K	103K	472K	300K	212K
Current Ratio	2.40x	2.24x	2.51x	2.54x	3.30x	1.53x	1.74x	1.46x	1.56x	1.81x
Quick Ratio	2.68x	2.42x	2.64x	2.54x	3.53x	1.53x	1.74x	1.46x	1.56x	1.81x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	22.25M	14.86M	29.06M	31.12M	42.36M	17.36M	17.03M	15.58M	36.5M	44.96M
Long-Term Debt	21M	14.31M	27.28M	27.54M	34.76M	11.89M	14.15M	8.78M	30.8M	34.97M
Capital Lease Obligations	0	0	0	0	4.11M	2.75M	2.13M	3.16M	2.27M	5.47M
Deferred Tax Liabilities	276K	382K	431K	398K	777K	365K	142K	1.66M	1.75M	4.53M
Other Non-Current Liabilities	1.25M	170K	1.35M	3.19M	2.71M	2.36M	600K	1.97M	1.67M	0
Total Liabilities	49.13M	38.58M	51.25M	54.31M	63.77M	46.1M	46.88M	56M	94.69M	98.59M
Total Debt+	21M	14.31M	27.28M	27.54M	41.32M	16.77M	18.22M	13.76M	34M	42.18M
Net Debt	20.02M	14.03M	24.43M	27.06M	39.47M	16.04M	17.99M	13.42M	27.71M	37.45M
Debt / Equity	2.03x	0.98x	1.82x	1.01x	1.28x	0.75x	0.70x	0.43x	1.32x	1.26x
Debt / EBITDA	2.25x	2.52x	13.39x	3.94x	5.07x	-	1.20x	0.46x	1.37x	1.73x
Net Debt / EBITDA	2.15x	2.47x	11.99x	3.88x	4.84x	-	1.18x	0.45x	1.11x	1.53x
Interest Coverage	15.58x	7.79x	0.47x	3.68x	3.87x	-14.07x	38.73x	77.83x	16.93x	10.08x
Total Equity+	10.37M	14.62M	14.99M	27.2M	32.4M	22.24M	25.97M	31.96M	25.79M	33.48M
Equity Growth %	-0.76%	0.41%	0.02%	0.81%	0.19%	-0.31%	0.17%	0.23%	-0.19%	0.3%
Book Value per Share	0.80	1.16	1.23	2.20	2.50	1.83	2.23	3.06	3.00	4.22
Total Shareholders' Equity	10.37M	14.62M	14.99M	27.2M	32.4M	22.24M	25.97M	31.96M	25.79M	33.48M
Common Stock	728K	736K	751K	778K	791K	811K	845K	863K	882K	890K
Retained Earnings	-69.65M	-67.89M	-65.88M	-63.16M	-59.1M	-67.97M	-56.98M	-36.1M	-19.27M	-5.94M
Treasury Stock	-10.37M	-14.62M	-14.99M	-14.99M	-14.99M	-17.22M	-26.26M	-43.82M	-69.59M	-77.39M
Accumulated OCI	-2.85M	-2.58M	-2.4M	-2.75M	-2.75M	-2.55M	-2.7M	-2.86M	-2.81M	-2.92M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Jan 2021	Jan 2022	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	12.48M	11.63M	5.07M	-64K	-4.78M	25.2M	915K	28.44M	12.48M	6.17M
Operating CF Margin %	0.07%	0.07%	0.03%	-0%	-0.03%	0.17%	0%	0.1%	0.05%	0.02%
Operating CF Growth %	1.99%	-0.07%	-0.56%	-1.01%	-73.66%	6.27%	-0.96%	30.08%	-0.56%	-0.51%
Net Income	6.01M	1.76M	2.01M	2.71M	4.06M	-8.87M	10.99M	20.89M	16.83M	13.33M
Depreciation & Amortization	1.47M	1.57M	1.76M	1.57M	1.59M	1.39M	1.1M	2.04M	2.13M	2.1M
Stock-Based Compensation	1.45M	901K	770K	544K	806K	1.11M	1.36M	1.58M	2.09M	2.86M
Deferred Taxes	1.32M	463K	-2.34M	1.43M	1.1M	-3.71M	2.54M	2.05M	41K	2.71M
Other Non-Cash Items	1.14M	901K	4.47M	1.15M	383K	10.29M	-3.21M	-1.14M	55K	-779K
Working Capital Changes	1.09M	6.04M	-1.6M	-7.47M	-12.72M	25M	-11.86M	3.01M	-8.67M	-14.05M
Change in Receivables	4.26M	5.43M	-459K	-7.68M	-7.63M	15.95M	-14.71M	-1.51M	-20.58M	-7.27M
Change in Inventory	-1.77M	-60K	8K	903K	0	4.66M	0	0	0	0
Change in Payables	-80K	-290K	-318K	1.02M	-3.08M	1.64M	1.52M	4.92M	-1.51M	1.1M
Cash from Investing+	-3.04M	-831K	-1.8M	-2.58M	-363K	-419K	6.29M	-4.98M	-2.54M	-2.57M
Capital Expenditures	-2.79M	-846K	-1.04M	-1.52M	-367K	-460K	-568K	-889K	-2.93M	-2.57M
CapEx % of Revenue	0.02%	0%	0.01%	0.01%	0%	0%	0%	0%	0.01%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	3K	15K	-1.8M	1K	4K	41K	6.86M	63K	395K	0
Cash from Financing+	-14.19M	-11.56M	-826K	346K	6.63M	-25.63M	-7.55M	-23.13M	-3.85M	-4.83M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-12.53M	0	-12.19M	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	177K	-610K	-1.24M	85K	-277K	-137K	-357K	308K	363K	728K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	9.69M	10.79M	4.03M	-1.58M	-5.14M	24.74M	347K	27.55M	9.55M	3.6M
FCF Margin %	0.05%	0.06%	0.02%	-0.01%	-0.03%	0.16%	0%	0.1%	0.04%	0.01%
FCF Growth %	3.64%	0.11%	-0.63%	-1.39%	-2.25%	5.81%	-0.99%	78.4%	-0.65%	-0.62%
FCF per Share	0.75	0.86	0.33	-0.13	-0.40	2.04	0.03	2.64	1.11	0.45
FCF Conversion (FCF/Net Income)	2.07x	6.62x	2.52x	-0.02x	-1.18x	-2.84x	0.08x	1.36x	0.74x	0.46x
Interest Paid	488K	464K	500K	1.16M	1.66M	1.03M	417K	297K	1.19M	2.15M
Taxes Paid	821K	927K	522K	350K	290K	264K	1.01M	5.09M	4.45M	5.35M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	22.6%	14.07%	13.58%	12.87%	13.62%	-32.46%	45.59%	72.12%	58.29%	44.97%
Return on Invested Capital (ROIC)	13.56%	10.46%	0.62%	8.67%	7.81%	-14.91%	25.79%	48.35%	35.94%	26.91%
Gross Margin	27.93%	26.65%	25.91%	24.61%	25.43%	25.83%	26.06%	29.13%	29.14%	28.66%
Net Margin	3.24%	1%	1.08%	1.36%	2.12%	-5.9%	5.39%	7.34%	6.39%	4.79%
Debt / Equity	2.03x	0.98x	1.82x	1.01x	1.28x	0.75x	0.70x	0.43x	1.32x	1.26x
Interest Coverage	15.58x	7.79x	0.47x	3.68x	3.87x	-14.07x	38.73x	77.83x	16.93x	10.08x
FCF Conversion	2.07x	6.62x	2.52x	-0.02x	-1.18x	-2.84x	0.08x	1.36x	0.74x	0.46x
Revenue Growth	-4.15%	-5%	5.83%	7.29%	-4.62%	-21.29%	35.55%	39.63%	-7.53%	5.75%

Revenue by Segment

	2014	2016	2017	2018	2019	2020	2021	2022	2023	2024
Health Care	-	-	-	-	-	-	-	-	-	142.68M
Health Care Growth	-	-	-	-	-	-	-	-	-	-
Engineering Services	-	-	-	-	-	-	-	-	-	96.46M
Engineering Services Growth	-	-	-	-	-	-	-	-	-	-
Technology Service	-	-	-	-	-	-	-	-	-	39.24M
Technology Service Growth	-	-	-	-	-	-	-	-	-	-
Specialty Health Care	34.84M	59.78M	71.32M	-	-	-	-	-	136.24M	-
Specialty Health Care Growth	-	71.59%	19.29%	-	-	-	-	-	-	-
Engineering	99.73M	73.85M	82.75M	-	-	-	-	-	84.67M	-
Engineering Growth	-	-25.95%	12.05%	-	-	-	-	-	-	-
Service, Other	-	-	-	1.8M	1.8M	1.5M	1.8M	2.2M	-	-
Service, Other Growth	-	-	-	-	0.00%	-16.67%	20.00%	22.22%	-	-
Construction	-	-	-	23.4M	-	-	-	-	-	-
Construction Growth	-	-	-	-	-	-	-	-	-	-
Information Technology	59.2M	42.81M	32.67M	-	-	-	-	-	-	-
Information Technology Growth	-	-27.68%	-23.69%	-	-	-	-	-	-	-

Revenue by Geography

	2014	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	-	146.95M	152.23M	165.97M	166.75M	126.24M	186.17M	272.34M	246.58M	256.76M
UNITED STATES Growth	-	-	3.59%	9.02%	0.47%	-24.30%	47.47%	46.29%	-9.46%	4.13%
Europe	-	-	-	-	-	-	-	-	3.66M	7.41M
Europe Growth	-	-	-	-	-	-	-	-	-	102.18%
CANADA	-	24.42M	30.08M	27.87M	16.82M	15.31M	9.58M	4.71M	6.48M	7.2M
CANADA Growth	-	-	23.18%	-7.36%	-39.64%	-8.99%	-37.44%	-50.85%	37.64%	11.05%
PUERTO RICO	-	5.08M	4.04M	4.46M	4.94M	5.7M	5.24M	5.18M	6.51M	7.02M
PUERTO RICO Growth	-	-	-20.33%	10.31%	10.81%	15.38%	-8.16%	-1.09%	25.77%	7.71%
SERBIA	-	-	378K	2.06M	2.59M	3.16M	2.89M	2.63M	-	-
SERBIA Growth	-	-	-	444.44%	25.66%	22.16%	-8.48%	-9.03%	-	-
United States	139.88M	-	-	-	-	-	-	-	-	-
United States Growth	-	-	-	-	-	-	-	-	-	-
Canada	47.64M	-	-	-	-	-	-	-	-	-
Canada Growth	-	-	-	-	-	-	-	-	-	-
Puerto Rico	6.25M	-	-	-	-	-	-	-	-	-
Puerto Rico Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

RCM Technologies, Inc. (RCMT) has a price-to-earnings (P/E) ratio of 12.3x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

RCM Technologies, Inc. (RCMT) reported $309.8M in revenue for fiscal year 2024. This represents a 115% increase from $143.8M in 2011.

RCM Technologies, Inc. (RCMT) grew revenue by 5.8% over the past year. This is steady growth.

Yes, RCM Technologies, Inc. (RCMT) is profitable, generating $13.1M in net income for fiscal year 2024 (4.8% net margin).

Dividend & Returns

RCM Technologies, Inc. (RCMT) has a return on equity (ROE) of 45.0%. This is excellent, indicating efficient use of shareholder capital.

RCM Technologies, Inc. (RCMT) generated $3.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...