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Last C$8.98 CAD
Change Today -0.04 / -0.44%
Volume 12.8K
RME On Other Exchanges
Symbol
Exchange
Toronto
OTC US
As of 4:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

rocky mountain dealerships (RME) Snapshot

Open
C$8.92
Previous Close
C$9.02
Day High
C$9.06
Day Low
C$8.92
52 Week High
05/27/14 - C$11.56
52 Week Low
01/29/15 - C$8.20
Market Cap
174.1M
Average Volume 10 Days
27.2K
EPS TTM
C$0.98
Shares Outstanding
19.4M
EX-Date
02/25/15
P/E TM
9.2x
Dividend
C$0.46
Dividend Yield
5.12%
Current Stock Chart for ROCKY MOUNTAIN DEALERSHIPS (RME)

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rocky mountain dealerships (RME) Details

Rocky Mountain Dealerships Inc., together with its subsidiaries, sells, leases, and provides support services for new and used agriculture and construction equipment in Canada. The company primarily provides utility tractors, harvesters, sprayers, articulated 4WD tractors, skid steer loaders, excavators, wheel loaders, and equipment for maintaining barns and feedlots, as well as global positioning satellite equipment and signal subscription service, and unmanned aerial vehicles. It also provides light and heavy construction equipment; collects geospatial survey data using unmanned aerial vehicles; and distributes automotive and agricultural parts, body shop, and industrial supplies. In addition, the company offers third party finance and insurance products; and product support services, such as selling parts, as well as repair and maintenance services. It offers its products through its store and online under the Case IH, Case Construction, New Holland, Bourgault, Metso, Claas, Lee-Boy, Terex, Dynapac, Kubota, and MacDon brand names. As of March 10, 2015, the company operated a network of 38 dealership branches, including 25 located in Alberta, 9 in Manitoba, and 4 in Saskatchewan. Rocky Mountain Dealerships Inc. was founded in 1949 and is headquartered in Calgary, Canada.

962 Employees
Last Reported Date: 03/10/15
Founded in 1949

rocky mountain dealerships (RME) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: C$350.0K
Co-Founder and Vice Chairman
Total Annual Compensation: C$425.0K
Chief Financial officer
Total Annual Compensation: C$295.0K
General Counsel and Corporate Secretary
Total Annual Compensation: C$175.0K
Compensation as of Fiscal Year 2014.

rocky mountain dealerships (RME) Key Developments

Rocky Mountain Dealerships, Inc. Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Rocky Mountain Dealerships, Inc. announced unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of CAD 294,092,000 against CAD 290,581,000 a year ago. Earnings before income taxes were CAD 8,441,000 against CAD 2,629,000 a year ago. Net earnings were CAD 6,221,000 against CAD 2,066,000 a year ago. Earnings per basic and diluted share were CAD 0.32 against CAD 0.11 a year ago. EBITDA was CAD 10,778,000 against CAD 4,872,000 a year ago. Cash flows from operating activities were CAD 12,898,000 against cash flow used in operations of CAD 221,000 a year ago. During the fourth quarter, Rocky continued to experience improvements in gross profit and net earnings over the prior year. For the full year, the company reported total revenues of CAD 965,407,000 against CAD 1,007,762,000 a year ago. Earnings before income taxes were CAD 26,201,000 against CAD 21,027,000 a year ago. Net earnings were CAD 18,925,000 against CAD 15,313,000 a year ago. Earnings per basic and diluted share were CAD 0.98 against CAD 0.80 a year ago. EBITDA was CAD 35,440,000 against CAD 29,731,000 a year ago. Cash flows from operating activities were CAD 16,724,000 against CAD 30,105,000 a year ago. Looking ahead to 2015, the company expects that lower commodity prices combined with higher equipment pricing will continue to present a challenging environment for whole goods revenue growth. As was the case last year, Rocky will continue to focus on growing its high margin product support business to deliver improved earnings.

Rocky Mountain Dealerships, Inc. Announces Management Changes

Rocky Mountain Dealerships, Inc. announced the appointment of Mr. Garrett Ganden as President and Chief Executive Officer of Rocky, effective February 2, 2015. Mr. Ganden currently serves as Rocky's Chief Operating Officer, a position he has held since 2011. Prior to that appointment, Mr. Ganden had served as Rocky's Chief Financial Officer since 2007. Rocky's Board of Directors also announced that Mr. Matt Campbell, Rocky's Chairman and retiring Chief Executive Officer and Mr. Derek Stimson, Derek Stimson, co-founder and retiring President of Rocky will retire from their management roles effective February 2, 2015, but will both retain leadership roles on the Board for the foreseeable future. Mr. Campbell will remain as Chair of the Board of Directors and Mr. Stimson has been appointed as Vice Chair, both effective February 2, 2015.

Clean Seed Capital Group Ltd. Enters into Distribution Partnership Agreement with Rocky Mountain Dealerships Inc

Clean Seed Capital Group Ltd. announced that it has entered into a Distribution Partnership Agreement with Rocky Mountain Dealerships Inc. Over a three year renewable period starting in 2016, Rocky will manage exclusive sales areas with agreed-upon sales commitments for the Company's CX-6 SMART Seeder. Rocky's initial CX-6 order commitments for 2016 delivery are for key locations in Alberta, Saskatchewan, and Manitoba, in preparation for initial sales of 2016 product, as well as spring 2016 demonstrations by RME, with a commitment for all 33 RME agricultural retail locations in Western Canada to sell and demonstrate the CX-6 SMART Seeder starting in 2017 and beyond. CSC and Rocky will work collaboratively to determine the sales volume commitments and the launch plan of the CX-6 SMART Seeder over the coming months for Rocky's agricultural retail locations across Western Canada.

 

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RME

Industry Average

Valuation RME Industry Range
Price/Earnings 8.7x
Price/Sales 0.2x
Price/Book 1.0x
Price/Cash Flow 6.4x
TEV/Sales NM Not Meaningful
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