Royalty Management Holding Corp (RMCO) Stock Analysis

Price updated 2 days ago · SEC data refreshed 3 months ago ⓘ · Not investment advice

Royalty Management Holding Corp

RMCO Financial Services REITs📄 SEC filings ↗
Speculative
Price vs model IV Expensive (+361%) Long-term trend (200d) 14% below 200-day DCF applicability Medium Risk 62/100 High
▾ What's in the 62/100 risk score? (higher = riskier)
Valuation (price vs model IV) (43%) 92/100 → +39.4
Smart money (short interest + insider buying) (31%) 31/100 → +9.7
Macro backdrop (VIX, curve, credit, fear/greed + week-over-week momentum) (26%) 50/100 → +12.9
Total62/100

Contributions (weight × component score) sum to the total. This near-term score now includes fundamental health (leverage, FCF trend, DCF applicability). It excludes the Altman Z score, whose retained-earnings input this filer does not report separately. See the Financial Health section for the full balance-sheet read.

💵 Price $2.56 · 2 days ago 📄 Financials SEC EDGAR · refreshed 3 months ago
📍 START HERE

How to read RMCO (speculative micro-cap)

No model can pin a precise fair value on a company this small — but that does not mean there is nothing to learn. The useful questions are what the price is betting on, and whether the company can survive long enough to deliver it.

Where to start — the sections that matter most for this stock
  1. 1 Reverse-DCF — what growth the price assumes ↓
    The single most useful number here: it backs out the growth the market is paying for. If that figure is "historically unprecedented," the price is running on hype, not fundamentals.
  2. 2 Cash runway ↓
    A pre-profit micro-cap lives or dies on whether it can fund itself to profitability before running out of money and diluting you.
  3. 3 The raw financial statements + the 10-K ↓
    At this scale, the actual numbers, insider ownership, and share-count trend tell you more than any ratio.
Or — what are you trying to decide?
A note on process: fear-driven decisions — including fear of missing out — tend to be the expensive ones. A stock up 10% a day for three days is excitement, not evidence. Whichever reader you are, the data below is there to be checked before anything is decided.
🚀
"It's surging — should I chase it?"
The momentum / FOMO trade. Before you chase, see whether the people who know it best are quietly selling into the rally.
⚖️
"Is it worth what it costs?"
The valuation trade. Our DCF, the growth the price implies, and a calculator you drive yourself.
🏷️
"Is it a cheap bargain?"
The deep-value trade. How far below assets and our value it trades — and whether it's cheap for a reason.
ⓘ Why does RMCO trade at $2.56?

Royalty Management Holding Corp has 15.0 million shares outstanding. At $2.56 per share, the market values all outstanding RMCO equity at $38 million. That's market capitalization, not enterprise value — enterprise value also accounts for debt and cash (RMCO carries little or no debt, so the two are close here). The share price by itself tells you almost nothing — a company can pick any share price by splitting or issuing more shares. What matters is the total value (Market Cap?Market Cap — The total dollar value the market is assigning to the entire company.
Why it matters: This is the number that actually matters when comparing companies. Two companies with the same business but different share counts have the same market cap.
Reference: Mega cap >$200B · Large $10–200B · Mid $2–10B · Small $300M–2B · Micro <$300M
Full explanation →) compared to what the business actually produces. This page values RMCO in Per Share?Per Share — A company-level figure divided by total shares — what one share represents.
Why it matters: Per-share metrics are the only way to fairly compare two companies with different share counts.
Full explanation → economics — what each share represents of the underlying business. Play with the share-price calculator on the homepage →

Loading insider & short-seller data…
Checking filings for failure warnings…
VALUATION RANGE — CROSS-METHOD CHECK

⚠ At today's price, the market values RMCO at about 7.7× its annual sales — a typical established company trades around 1–3×. Standard industry multiples (the bars below) collapse toward $0 at this scale, so they aren't the useful read. For a micro-cap with sales, lean on the Momentum trend, and cash runway — see 📍 What to focus on.

Football field: where does the price sit?

Different valuation methods produce different fair-value ranges depending on assumptions. Plotting them together lets you see at a glance whether the current price is reasonable across approaches, or only one specific lens.

$0$1$2$2$3Current price $2.56If FCF grew -5%/yr → 9%/yr (flat 10-yr DCF sweep; model assumes 3.0%)$0.45$1.15Our model's scenarios (conservative → optimistic; ◆ base, ● weighted 40/35/25)$0.48$0.66weighted $0.56base $0.56
The current price sits ABOVE the high end of every method. The market is paying a premium to all of these lenses — it expects materially better growth or margins than the models assume.

Industry multiples sourced from: broad market average (sector unknown). See the Peer Basket section below for the peer comparison and its limited-comparables caveat.

⚠️ BUSINESS-MODEL ADVISORY — SPECULATIVE NANO / MICRO-CAP

How to read a company this small

RMCO is too small and/or too volatile for the valuation lenses we use on larger, more stable companies. The numbers shown below should be taken as rough orientation only.

✅ What actually drives value for this kind of company
  • Market cap $38.3M — nano-cap territory (below $50M)
  • Latest annual revenue $4.9M — too small for meaningful growth percentages
❌ Metrics that DON'T apply (ignore these even if you see them below)

Growth percentages on tiny revenue bases (1000% going from $200K to $2M is not predictive). P/E and ROE swing wildly with small earnings changes. Peer comparisons fail because there often aren't comparable companies at this scale.

📚 Where to actually look

Start with the Reverse-DCF above — it backs out the growth the price is betting on; if that figure is "historically unprecedented," the price is running on hype, not fundamentals. Then the cash runway (can it fund itself to profitability before diluting you?). Then the raw Financials table and the 10-K on SEC EDGAR — at this scale, insider ownership and the share-count trend often matter more than any ratio.

Classified as Speculative Nano / Micro-cap (confidence 85%). Disagree? An admin can override via the post edit screen.

PEER BASKET — TIGHT COMPARABLES

⚠ Genuine comparables are scarce at this size, so peer multiples are unreliable here. Treat as rough context only — see 📍 What to focus on above.

How does RMCO stack up against its closest peers?

We take the 8 same-industry companies most similar to RMCO (similar size) and check what investors are paying for each dollar of their revenue (or profits). If RMCO is much more expensive on the same yardstick, that's a red flag — unless you have a specific reason it deserves a premium. For a leveraged business, EV/EBIT and FCF yield (both in the table) are usually more reliable than EV/Sales, because revenue multiples ignore differences in margins and debt.

▾ What's "EV / Sales" in plain English?

EV (Enterprise Value) = market cap + total debt − cash. It's "what you'd pay to buy the entire company outright" — you pay the market cap to shareholders and take over their debt, but you keep their cash. EV is fairer than market cap alone because it includes the debt the new owner inherits.

EV / Sales = EV ÷ annual revenue. So "2.5×" means investors pay $2.50 of enterprise value per $1 of yearly sales. Higher = market is paying more per dollar of sales (usually because they expect future growth or fat margins).

p25 / median / p75 are the 25th, 50th (middle), and 75th percentile of the peers' multiples. Half the peers fall between p25 and p75. The median (p50) is the typical peer — that's the benchmark we compare to.

What peers trade at (p25 / median / p75)
EV / Sales?EV / Sales — For every $1 of yearly revenue, this is how many dollars investors pay to own the whole business (including debt).
Why it matters: Works for pre-profit growth companies where P/E and FCF don't apply. The most apples-to-apples cross-company multiple because it ignores accounting choices.
Reference: 1–3x for mature companies · 4–10x for software/SaaS · 10–20x for hypergrowth · >20x is rare and demanding
Full explanation →		 3.4x / 13.9x / 23.9x
EV / EBIT?EV / EBITDA — Enterprise value divided by earnings before interest, tax, depreciation, and amortization.
Why it matters: A classic "what would a private buyer pay" multiple — used in M&A. Strips out tax and capital-structure noise.
Reference: 8–12x for mature businesses · 15–25x for growth · Below 5x often signals distress
Full explanation →		 0.9x / 1.9x / 19.9x

Bold middle number = median peer. Half the peers trade above it, half below. Computed over 8 same-industry peers; implausible multiples excluded.

Peer-implied value check
$4.59
If RMCO traded at the typical (median) peer's EV/Sales multiple, the share price would be about $4.59.
Plain English: the stock currently trades at $2.56. That's 44.2% LESS than peer multiples imply — the stock looks cheap vs peers. Either an opportunity, or the market sees something wrong with this name that doesn't apply to peers.

⚠️ Important caveat: peer multiples only work if the peers are genuinely comparable. Always check the peer list below — if the auto-picker grabbed micro-caps or unrelated businesses, the comparison is noise. A medical-device giant priced against tiny biotech startups won't produce a useful signal.

▾ View peer list (8)
Ticker Company Industry Mcap EV/Sales EV/GPEV/EBIT FCF Yield
WHLRD Wheeler Real Estate Investment Tru REITs $40M 23.1x —0.9x 158.3%
REFR RESEARCH FRONTIERS INC REITs $27M 23.9x —— 3.0%
SACH Sachem Capital Corp. REITs $58M — —— 16.9%
SELF Global Self Storage, Inc. REITs $59M 4.6x —19.9x 5.7%
VHC VirnetX Holding Corp REITs $73M 450.9x —— 3.0%
WHLRL Wheeler Real Estate Investment Tru REITs $83M 47.6x —1.9x 76.7%
SRL Scully Royalty Ltd. REITs $91M — —— 3.0%
STHO Star Holdings REITs $107M 3.4x —— 3.0%
FINANCIAL HEALTH SCREENS

Quality & solvency checks

Cheap stocks can be cheap for a reason. These screens warn when a low valuation comes paired with structural fragility.

Altman Z-Score?Altman Z-Score — A bankruptcy-risk score combining 5 financial ratios into one number. Predictive of bankruptcy within 2 years.
Why it matters: Cheap-looking stocks (low P/E or P/B) often have low Z-scores because the market knows the company is dying. Z-score warns you before you fall into a value trap.
Reference: > 3.0 = safe zone · 1.81–3.0 = grey zone · < 1.81 = distress zone
Full explanation →
n/a
Not reliably computable

We can't produce a trustworthy Altman Z here: retained earnings weren't separately reported in our data, so a core input would have to be fabricated. Rather than show a categorical "distress" verdict from an invented number, we mark it unavailable. Judge financial health from the leverage, cash position, and the measurable Piotroski checks instead.

Piotroski F-Score?Piotroski F-Score — A 9-point quality checklist scoring profitability, leverage, and operating efficiency.
Why it matters: High score = fundamentals improving. Low score = deteriorating. Especially powerful for filtering cheap stocks: cheap + high F-score historically outperforms; cheap + low F-score is often a value trap.
Reference: 7–9 = strong · 4–6 = mediocre · 0–3 = weak
Full explanation →
5 / 9
Mediocre
▾ The checks — what passed, what didn't (and what we couldn't measure)
  • ✗ Positive net income
    Net income -$0.7M in FY2025.
    Why this matters: Does the company actually earn a profit? Sustained losses eventually force it to raise money — diluting you — or take on debt.
  • ✗ Positive operating cash flow
    Operating cash flow -$0.0M (was $0.6M the prior year).
    Why this matters: Profit can be an accounting figure; cash from running the business is harder to fake. Negative operating cash flow means the core business consumes cash and must be funded externally.
  • ✓ Cash flow backs up reported profit
    Operating cash flow -$0.0M vs net income -$0.7M.
  • ✗ Return on assets improving
    Return on assets -4.4% vs -0.8% a year ago.
    Why this matters: Is the company squeezing more profit out of each dollar of assets than last year? Rising = getting more efficient; falling = the opposite.
  • ✓ Debt load (vs assets)
    Total debt is 0.0% of assets vs 1.7% a year ago ($0.0M of $16.7M assets).
  • ✓ Short-term liquidity (current ratio)
    Current ratio 1.13x vs 0.76x a year ago.
  • ✓ Share count (dilution)
    Share count held roughly flat (15.0M → 15.0M year-over-year).
  • ✗ Pricing power (gross margin)
    Gross margin 16.3% vs 97.2% a year ago.
    Why this matters: Rising gross margin means stronger pricing power or lower input costs — a sign of competitive strength. Falling margin signals pressure.
  • ✓ Sales per asset (asset turnover)
    Asset turnover 0.30x vs 0.05x a year ago.

Missing data is never counted as a pass or a fail — it's shown as n/a and excluded from the denominator. Each check compares the company against its own prior year.

Cash Runway
14.9 yrs
COMFORTABLE — 2+ years at the current burn

Plain English: the company holds about $0M in cash and is burning roughly $0M/year in operations. At that pace, the cash lasts 14.9 yrs before it must raise capital (diluting shareholders), take on debt, or cut spending.

Assumes constant burn and ignores financing/asset sales. For pre-profit biotech and growth companies, this matters more than a DCF — a great drug pipeline is worthless if they run out of money before approval.

INTERACTIVE — TWEAK YOUR ASSUMPTIONS

What if you assume different inputs?

Here's where we land — and what happens if you change the assumptions. Drag the sliders to set your own Discount Rate?Discount Rate — The annual return you demand for taking single-stock risk instead of buying a safe Treasury or index fund.
Why it matters: Higher discount rate = stricter valuation (a stock has to produce more cash to be worth holding). Lower = more generous.
Reference: 8–12% is standard · 9–10% matches S&P 500 historical return · Below 7% is illogical for single-stock risk
Full explanation → (the annual return you demand for single-stock risk) and terminal growth; the value updates live so you can see whether the stock looks cheaper or richer. The discount rate starts at 11.9%, the figure our model used for RMCO. Open Advanced to also change beta, growth and the rate path.

Note: the calculator opens at our published value of $0.56 — it is initialised to the same scenario-weighted result, so the two match exactly on load. The moment you move a slider, the value below becomes a single-path what-if at your assumptions (not the three-scenario weighting), which is why it can differ from the headline once you've touched it.

Scenario-weighted model IV (40/35/25 assumed weights)
$0.56
It trades at
$2.56
Premium to model IV
+361.3%
Price is 361% above model IV — it looks overvalued. Change the assumptions below to see what would justify today's price.
We value this stock at two discount rates and report the range between them:
11.9% — beta-based (CAPM), from this stock's Beta?Beta — How much the stock moves when the overall market moves. 1.0 = moves with the market; 1.5 = moves 50% more than the market.
Why it matters: Higher beta = more volatile = should demand higher discount rate. Low beta stocks (utilities, consumer staples) move less.
Reference: Most stocks 0.5–1.5 · Defensives ~0.3 · High-vol tech ~1.5–2.0
Full explanation → of 1.35. The safe Treasury rate plus a premium scaled by how much more (or less) volatile the stock is than the market.
13.0% — sector/quality tier. A simpler hurdle set by industry and business durability: lower for stable, wide-moat companies; higher for speculative or micro-caps.
The headline value and this calculator start at 11.9% — the beta-based rate. Drag the slider to the other rate to see the full range.
4.5% (risk-free)9-10% normal18% (deep-risk)
0%2-3% (GDP)5% (rarely sustainable)

A full intrinsic value isn't shown for RMCO because it's valued with a dividend-discount model this quick calculator doesn't replicate — see our published value above and the sector lens for the right metrics.

For comparison — the FCF growth today's price already assumes
—
—

—

⚙ Advanced — tinker with every input (beta, growth, rate path, margin → full intrinsic value)
Where the discount rate comes from — discount rate = risk-free + beta × equity-risk-premium
What you'd earn risk-free from government bonds — the floor under every other rate. Slide it down to model the market expecting rate cuts (value rises); up for higher-for-longer.
The extra yearly return investors demand for owning stocks instead of safe bonds — the price of risk. History runs ~4.5–6.5%; we default to 5.5% (slightly conservative). It's an estimate, not a law — lower it if you think equities are less risky than that.
Inflation reduces the purchasing power of a nominal return: a 9% gain at 3% inflation is about 6% in real terms. The intrinsic value above is already in today's dollars (a nominal DCF carries inflation in both the growth and the discount rate), so this switch does not change the value — it restates the return in real terms.
Higher beta → higher discount rate (sets the rate above). 1.0 = moves with the market.
What you think RMCO can grow FCF for ~5 years, then fades to terminal.
All inputs start at the values our model used.

    Copy shareable link to this scenario →

    Price$2.56
    Model IV$0.56
    Premium to IV+361.3%
    DCF applicabilityMedium
    ⚠️ Outlier ResultP/IV 4.6x — result dominated by model assumptions or data limits. Treat with caution.
    ⚠️ Outlier result (P/IV 4.6x) — this valuation gap is too extreme to produce reliable growth or return estimates. The model may not suit this company's profile.

    RMCO is deeply overvalued by the model, trading at a premium of +314.4% to its intrinsic value?Intrinsic Value — Our DCF model's estimate of what each share is mathematically worth based on projected cash flows.
    Why it matters: Compare to current price. Below IV = potentially undervalued. Above IV = priced for growth that must actually happen.
    Reference: Model-derived; quality depends on data and assumptions.
    Full explanation →     of $0.555. The market may be paying up for potential future royalty streams or strategic acquisitions not yet reflected in the financials, despite the company's negative net income and operating cash flow in the latest period. The primary quantifiable risk is the company's consistent unprofitability, with net income negative in the latest period and only profitable in 1 of the last 5 years.

    ⚠️ No dividend data. Assuming 3% yield.

    As of 3 months ago

    ANATOMY

    Anatomy of a share

    What you're buying per share. Bars are at the same scale so you can see the relative size of revenue, costs, cash flow, and debt — not just read them in a table.

    RMCO Royalty Management Holding Corp stock anatomy showing per-share revenue, operating expenses, free cash flow, and debt
    −14.7%
    loss
    Where each $1 of revenue goes
    For every $1 of revenue, RMCO currently loses 14.7¢ — costs exceed sales. A money-losing business can still be a good investment if losses are shrinking toward profitability; check the trend, not just the snapshot.
    Net margin = net income ÷ revenue (most recent fiscal year).
    Plain English: each share (at $3) represents $0.33 of revenue per share per year, $0.05 lost per share per year, and $0.00 of owner-earnings free cash flow per current share (latest fiscal year) from the latest fiscal year. The filing reports no interest-bearing debt — the 3.0M of total liabilities on the balance sheet are operating items (payables, leases, deferred taxes), not borrowings. The DCF does not start from that single year — it instead starts from a TTM dividend of $0.07 per share to capture a full cycle.
    What's free cash flow / what do these mean?

    Revenue per share — how much the business earns from customers, divided by the number of shares outstanding. Top of the income statement.

    Earnings per share — profit left after operating costs, interest, and taxes, per share. Two versions appear on this page and are not interchangeable: GAAP diluted EPS uses the company's weighted-average diluted share count during the reporting period (this is the "earnings" in "price-to-earnings"); net income per current share divides annual net income by today's share count. They differ whenever the share count has changed.

    Owner-earnings free cash flow per share — the cash the business produces for shareholders. Savng's owner-earnings FCF subtracts capital expenditures and stock-based compensation from operating cash flow (SBC is a real dilution cost even though it's non-cash). This is deliberately more conservative than "standard" FCF, which subtracts only capital expenditures — so our figure is lower than the headline FCF you'll see elsewhere. FCF funds dividends, buybacks, debt repayment, and acquisitions; a company can report positive earnings yet negative FCF.

    Debt per share — total interest-bearing borrowings divided by shares. High debt-per-share next to thin FCF-per-share is a fragility signal.

    THE KEY DEBATE

    What you actually need to decide

    Every stock price is a disagreement. Here's the single thing that must go right for the bulls, the single thing that breaks the thesis, and the concrete signposts to watch so you can update your view as real results arrive.

    🐂 The Bull Case
    For the stock to justify its premium, RMCO must achieve consistent profitability and positive operating cash flow, reversing the current trend of negative net income and operating cash flow.
    🐻 The Bear Case
    The biggest fundamental risk is the company's inability to generate consistent profits, as evidenced by negative net income and operating cash flow in the latest period, which implies ongoing cash burn if not reversed.
    📌 Signposts to watch — update your view as these print
    • Return to positive net income in upcoming filings
    • Sustained positive operating cash flow
    • Announcements of significant new royalty acquisitions
    MOMENTUM — WHAT'S GETTING BETTER & WORSE

    The trend, in plain numbers (FY2024 → FY2025, latest reported)

    Straight from the financial statements — no model, no opinion. For a small or unprofitable company, the direction of these numbers usually tells you more than any single valuation.

    ✅ Improving
    • Revenue grew +513% to $4.9M.
    ⚠ Worsening
    • Free cash flow is negative at -$9K — the cash burn widened vs last year.
    • Gross margin shrank to 16% (-81 pts).
    • Still unprofitable at -$727K — loss widening.
    WHO

    Management & Leadership

    Limited executive data available for Royalty Management Holding Corp. The company operates in the financial services sector, specifically REITs?REIT (Real Estate Investment Trust) — A company that owns income-producing real estate and is required to pay out about 90% of its profit to shareholders as dividends.
    Why it matters: Because they pay out almost everything, REITs are judged on the cash they distribute (price-to-AFFO and dividend yield), not on ordinary earnings — a normal P/E or DCF misleads here.
    Reference: Dividend yields often 3–6%; valued on price-to-AFFO, not P/E.
    Full explanation →    , suggesting a focus on managing royalty assets.

    WHAT

    What They Make

    Royalty Management Holding Corp. is a financial services company operating as a REIT?REIT (Real Estate Investment Trust) — A company that owns income-producing real estate and is required to pay out about 90% of its profit to shareholders as dividends.
    Why it matters: Because they pay out almost everything, REITs are judged on the cash they distribute (price-to-AFFO and dividend yield), not on ordinary earnings — a normal P/E or DCF misleads here.
    Reference: Dividend yields often 3–6%; valued on price-to-AFFO, not P/E.
    Full explanation →    , likely focused on acquiring and managing royalty interests across various industries to generate income for shareholders.

    End Markets

    Financial ServicesReal Estate Investment TrustsRoyalty Investments

    Revenue Drivers

    Royalty income from assets
    Acquisition of new royalty streams
    Asset management fees
    Market Cap: 38.3MBeta: 1.35
    WHY

    Why Is It Priced Like This?

    Why Customers Pay

    Diversified income streams for investors
    Access to specialized royalty assets
    Potential for long-term capital appreciation
    Intrinsic Value$0.56
    Premium to IV +361.3%
    Outlier Result P/IV 4.6x — valuation gap too extreme for meaningful implied growth or return estimates.

    The market prices RMCO at a premium of +314.4% to the model, suggesting investors anticipate future growth or quality not captured by historical financials. This optimism persists despite the company's negative net income and operating cash flow in the latest period, and a low franchise/durability score of 1/5, indicating the market may be assigning value to future royalty acquisitions or strategic shifts which are not in the model.

    Three Scenarios, Weighted
    ScenarioIVUpside from today's priceWeight
    Conservative$0.48-81.3%40%
    Base$0.56-78.0%35%
    Optimistic$0.66-74.2%25%
    Weighted$0.56-78.3%100%

    Reading the last column: it is the move from today's price to each value (IV ÷ price − 1). The headline "premium/discount to model IV" measures the same gap from the value's side (price ÷ IV − 1), so the two percentages differ in size and sign by construction — e.g. a price 8% above value is a value 7.4% below price.

    HOW

    Business Model & Valuation

    How They Make Money

    Acquiring royalty interests
    Receiving ongoing royalty payments
    Managing a portfolio of royalty assets

    No dividend data is available, with the model assuming a 3% yield. The company likely funds operations through equity raises or retained earnings, given its negative operating cash flow.

    Dividend Discount Medium

    REIT (REITs): dividend discount model - GAAP earnings distort REIT valuations.

    In plain English: we estimate RMCO's value by projecting its dividend payments into the future and converting it back to what it's worth today. We start from $0.07 per share (TTM dividend), assume it grows 3.0% per year for about 5 years (then gradually fades), and discount everything at 11.9% — the yearly return a buyer should demand for this much risk. After that it's assumed to grow 2.1% per year forever (kept below long-run economic growth — the terminal rate fades from the near-term growth above, so a low near-term rate produces a low perpetual rate). A higher discount rate or slower growth means a lower value, and vice-versa — change any of these yourself in the calculator above.
    Dividend / share$0.07TTM dividend — smoothed, not the latest single year
    Growth (g₁) — 5yr3.0%Source: historical CAGR + sector defaults
    Discount Rate (r)11.9%
    Terminal Growth (gT)2.1%
    Show advanced inputs

    What this model does NOT do: this is a consolidated owner-earnings FCF model. Standalone segment assumptions: none. It does not project net interest income and fee-income lines independently; their combined effect is embedded in the historical revenue and cash-flow trend the model extrapolates. The calculator above can only approximate a segment's impact through the single consolidated growth rate — it cannot model any one line separately. For a true segment-level view, build a separate model from the company's segment disclosures.

    WHEN

    Maturity & Competitive Position

    Dividend DDM using estimated yield

    Moat Signals

    Specialized asset acquisition expertise
    Diversified royalty portfolio
    Long-term royalty contracts

    Net income has been negative in the latest period and only profitable in 1 of the last 5 years, while operating cash flow was negative in the latest period and positive in 2 of the last 5 years.

    WHERE

    Geography & Markets

    Not available from current data sources. The company's operations are likely concentrated in regions where its royalty assets are located.

    Geographic Risks

    Concentration risk in specific royalty asset types or industries
    Regulatory changes impacting royalty agreements
    SIGNALS

    Market Signals

    These are timing signals, not value signals — they describe the stock's recent price behavior, not what the business is worth. Use them for the "the thesis looks good, but is now the moment?" question. Each tile below explains what it's saying.

    Model bearish, tape bearish - aligned.
    RSI?RSI — Relative Strength Index — a 0-100 momentum gauge. Above 70 = overbought; below 30 = oversold.
    Why it matters: Short-term contrarian indicator. Extreme readings often precede mean reversion, though not always.
    Reference: 30–70 normal · >70 overbought · <30 oversold
    Full explanation →     (14)    40.2NeutralMomentum is balanced — neither overbought nor oversold.
    MACD?MACD — Moving Average Convergence Divergence — compares a fast and a slow price trend to gauge momentum direction.
    Why it matters: When the fast line crosses above the slow line, short-term momentum is turning up; below, turning down. A timing cue, not a value signal.
    Reference: Line above signal = bullish momentum · below = bearish
    Full explanation →    BearishLine below signalThe fast trend is below the slow trend — short-term momentum is currently downward.
    50-Day Average$2.77Price below (-7.6%)Price below its 50-day average = near-term downtrend.
    200-Day Average$2.96Price belowThe 200-day line is the long-term trend divider — above it is generally considered a bull market for the stock.
    50 vs 200 CrossDeath50-day below 200-dayA "death cross" — the medium trend is below the long trend (often read as bearish).

    Technicals describe price, not the business. A great company can have a "bearish" tape (a buying chance) and a weak one a "bullish" tape (a trap). Pair these with the valuation and health sections above.

    QUALITY

    Data Quality & Risk Flags (3 notes — click to expand/collapse)
    Guardrail Notes (3)
    • No dividend data. Assuming 3% yield.
    • Illiquidity discount 25% applied (small/micro-cap — harder to exit, demand a margin).
    • Dividend data sparse; DDM using estimated yield. Confidence reduced.
    FINANCIALS

    Financial Statements (5-year tables — click to expand)

    From Royalty Management Holding Corp's SEC filings (EDGAR).

    Income (5yr)

    YearRevenueNet IncomeEPS
    20254.9M-726,890$-0.05
    2024807,089-114,261$-0.01
    2023488,520-1.1M$-0.08
    2022178,800-2.7M$-0.18
    2021—2.3M$0.21

    Cash Flow (5yr)

    Capital expenditure isn't tagged in this filer's machine-readable data (the CapEx column shows "—"). The free-cash-flow column is therefore operating cash flow less stock-based compensation only — an upper bound on true owner earnings, not the real figure. Companies that report capex under a custom label (some large IFRS filers do) look better here than they are.

    YearOperating CFCapEx− SBC & adj.Free Cash Flow
    2025 -8,952 — — -8,952
    2024 646,290 — — 646,290
    2023 -236,877 — — -236,877
    2022 439,675 — — 439,675
    2021 -1.4M — — -1.4M

    How we define FCF: operating cash flow − capital expenditure − stock-based compensation (owner-earnings basis — SBC is a real cost to shareholders even though it's non-cash). This is the same owner-earnings FCF definition the valuation model uses, though the DCF's starting value is a TTM dividend, not this single year.

    Balance Sheet

    Total Assets16.7M
    Total Liabilities3.0M
    Equity13.7M
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    PG
    Methodology by Pouyan Golshani, MD — founder of Gighz. Savng was built by a physician for busy professionals: every number on this page comes from SEC filings (EDGAR) and FINRA data through transparent, rules-based models — no analyst opinions, no hidden inputs. How we calculate every number →
    ⚠️ Not investment advice. Automated model outputs, last refreshed May 30, 2026 (the analysis-refresh date, not the latest filing period). All models have blind spots. Full disclaimer →
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