Where Does RLX Technology Inc. (RLX) Rank When It Comes To Price-To-Earnings Ratio?

RLX Technology Inc. (NYSE:RLX) traded on Tuesday with an addition of $0.07 to $4.26, an upside of 1.55 percent. An average of 2,476,175 shares of common stock have been traded in the last five days. There was a fall of -$0.19 in the past week. The last 20 days have seen an average of 8,348,488 shares traded, while the 50-day average volume stands at 13,242,123.

RLX stock has decreased by -28.98% in the last month. The company shares reached their 1-month lowest point of $4.15 on 10/05/21. Shares of the company touched a low of $3.70 and a high of $35.00 in 52 weeks. In spite of this, the price is down -87.84% from the 52-week high.

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Valuation Metrics

RLX Technology Inc. (RLX) has a trailing price-to-earnings (P/E) ratio of 97.44, which compares with the 15.44 for the broader industry and 24.40 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, RLX Technology Inc.’s PE ratio has ranged between 206.88 and 90.11. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.65, the price-to-book (PB) ratio at 2.93.

The quick ratio of RLX Technology Inc. for the three months ended December 30 was 3.90, and the current ratio was 4.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending December 30. On the profitability front, the trailing 12-month gross margin is 44.00%. RLX Technology Inc.’s EBITDA margin for the year ending December 30 is 1.98%, while its operating margin for the same period stands at 10.00%. Its gross profit as reported stood at $234.11 million compared to revenue of $585.4 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, RLX Technology Inc.’s return on assets was 3.30%, compared to over the last five years. In the past year, the return on investment has been -8.90%, and the 5-year average is. Meanwhile, the return on equity (ROE) for the past 12 months has been 4.80% and the 5-year average holds at. For the broader industry, ROE averaged 13.11 over the past year.

Technical Picture

From a technical analysis perspective, let’s take a brief look at RLX Technology Inc. (RLX) price momentum. RSI 9-day as of the close on 04 October was 36.92%, suggesting the stock is Neutral, with historical volatility in this time frame at 56.12%.

As of today, RLX’s price is $4.41 -4.22% or -$0.19 from its 5-day moving average. RLX is currently trading -38.43% lower than its 20-day SMA and -58.48% lower than its 100-day SMA. However, the stock’s current price level is -3.36% below the SMA50.

The stochastic %K and %D were 15.07% and 15.14%, respectively, and the average true range (ATR) was 0.32. With the 14-day stochastic at 17.78% and the average true range at 0.37, the RSI (14) stands at 39.55%. The stock has reached -0.11 on the 9-day MACD Oscillator while the 14-day reading was at -0.19.

Analyst Ratings

Citigroup launched coverage on RLX Technology Inc. (NYSE: RLX) in its analyst report released on March 12, 2021. The firm assigned the stock a a Buy rating.The consensus rating for RLX Technology Inc. (RLX) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell RLX, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.

What is RLX’s price target for the next 12 months?

Analysts predict a range of price targets between $98.15 and $195.00, with a median target of $146.58. Taking a look at these predictions, the average price target given by analysts for RLX Technology Inc. (RLX) stock is $146.58.


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