RCM Technologies, Inc. (RCMT) Stock

RCM Technologies, Inc. (RCMT) is a Technology stock trading at $40.72 (as of 2026-08-21), with a market capitalization of $289.55M and a trailing P/E of 19.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

RCM Technologies, Inc. delivers business and technology solutions, including engineering services, specialty health care staffing and search, and life sciences and information 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.

Understand RCM Technologies, Inc.: how it makes money

RCM Technologies provides business and technology solutions, including engineering services, specialty health care services, and life sciences and information technology support, and it generates revenue from delivering these client services.

RCM's profit engine combines recurring client service delivery (shown by very high Client Retention Rate) with cash conversion from receivables (shown by Days Sales Outstanding and Cash Receivable Days Sales Outstanding), so both retention and collection timing can materially shape profitability.

Revenue by segment (latest quarter)
Engineering	$0.0B
Specialty HC	$0.1B
Life Sci and IT	$0.0B

Business quality (Solid): Good: the company has clear reportable segments and multiple operating KPIs. Caution: segment revenue mapping relies on available revenue candidates rather than a single, explicitly labeled segment revenue line for every official segment.

Valuation: Trades at 13× trailing earnings · $0B market cap.

Bull case

Very high Client Retention Rate: Client Retention Rate is 99.0 percent, which suggests the company can keep clients engaged across service periods.
Solid profitability relative to its gross margin: The latest figures show gross_margin_pct of 26.5 percent and operating_margin_pct of 7.2 percent.
Collections performance signals: Days Sales Outstanding is 92.0 count, and Cash Receivable Days Sales Outstanding is 74.0 count, indicating the timing of cash collections is trackable and may differ from overall DSO.

Bear case

Receivables timing can pressure cash: Days Sales Outstanding of 92.0 count indicates cash conversion is not immediate, which can be a risk if collection periods extend.
Delayed client funds collection is not complete: Collected Percentage of Delayed School Client Funds is 80.0 percent, implying not all delayed funds are collected within the measurement period.
Work may be concentrated in discrete service environments: Operational measures reference schools and test centers, including Number of Schools Providing Behavioral Health Services (30.0 count) and Test Center Utilization Rate (100.0 percent), which can mean demand or utilization shifts could affect results.

Valuation — source: SEC EDGAR (first-party)
Price	$40.72
Market Cap	$289.55M
P/E Ratio	19.5
EV / EBITDA	10.3
Price / Book	5.93
Price / Sales	0.88
FCF Yield	8.5%
DCF Value (model)	$45.05
DCF Upside vs Price	10.6%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$319.40M
Net Margin	5.1%
Revenue Growth (YoY)	14.7%
EPS Growth (YoY)	27.3%
FCF Growth (YoY)	382.8%

Financial Health — source: SEC EDGAR
Altman Z-Score	5.47 (safe)

Valuation vs Sector & Industry
Stock P/E	19.5
Sector P/E (Technology)	33.9
Industry P/E (Business Services)	29.9
vs Sector	-42.4%
vs Industry	-34.7%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	RENAISSANCE TECHNOLOGIES LLC ($8.32M)
Institutional Holders Tracked	10

Company
Sector	Technology
Industry	Business Services
CEO	Bradley S. Vizi
Employees	4,220
Country	US
IPO Date	1983-09-12

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Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.