Financials Reach plc

Equities

TNI

GB0009039941

Consumer Publishing

Market Closed - London S.E. 11:35:01 2024-07-22 am EDT 5-day change 1st Jan Change
105.8 GBX +4.96% Intraday chart for Reach plc +4.75% +41.26%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 403.5 443.1 877.9 296.5 235.5 317.3 - -
Enterprise Value (EV) 1 383.1 401.1 812.2 271.1 245.6 345.8 356.8 365.1
P/E ratio - -16.7 x 314 x 5.66 x 11 x 4.52 x 4.27 x 4.12 x
Yield 4.8% 2.97% 2.55% 7.72% 9.8% 7.28% 7.28% 7.28%
Capitalization / Revenue 0.57 x 0.74 x 1.43 x 0.49 x 0.41 x 0.59 x 0.6 x 0.61 x
EV / Revenue 0.55 x 0.67 x 1.32 x 0.45 x 0.43 x 0.64 x 0.68 x 0.7 x
EV / EBITDA 2.19 x 2.49 x 4.91 x 2.15 x 2.08 x 3.04 x 3.1 x 3.14 x
EV / FCF 4,620,850 x 7,818,702 x 10,426,182 x 15,946,594 x -613,919,595 x - - -
FCF Yield 0% 0% 0% 0% -0% - - -
Price to Book - 0.8 x 1.39 x 0.47 x 0.37 x 0.52 x 0.53 x 0.54 x
Nbr of stocks (in thousands) 308,450 308,565 310,761 311,769 314,376 314,770 - -
Reference price 2 1.308 1.436 2.825 0.9510 0.7490 1.008 1.008 1.008
Announcement Date 2/24/20 3/1/21 3/15/22 3/7/23 3/5/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 702.5 600.2 615.8 601.4 568.6 538.1 527.9 519.8
EBITDA 1 174.9 161.2 165.4 126.3 118.1 113.6 115.3 116.1
EBIT 1 153.4 133.8 146.1 106.1 96.5 98.07 100.2 101.8
Operating Margin 21.84% 22.29% 23.73% 17.64% 16.97% 18.23% 18.97% 19.58%
Earnings before Tax (EBT) 1 - 0.4 73.3 66.2 36.7 93.47 98.95 102.5
Net income 1 - -26.7 2.9 52.3 21.5 70.1 74.21 76.89
Net margin - -4.45% 0.47% 8.7% 3.78% 13.03% 14.06% 14.79%
EPS 2 - -0.0860 0.009000 0.1680 0.0680 0.2231 0.2362 0.2447
Free Cash Flow 82.9 51.3 77.9 17 -0.4 - - -
FCF margin 11.8% 8.55% 12.65% 2.83% -0.07% - - -
FCF Conversion (EBITDA) 47.4% 31.82% 47.1% 13.46% - - - -
FCF Conversion (Net income) - - 2,686.21% 32.5% - - - -
Dividend per Share 2 0.0628 0.0426 0.0721 0.0734 0.0734 0.0734 0.0734 0.0734
Announcement Date 2/24/20 3/1/21 3/15/22 3/7/23 3/5/24 - - -
1GBP in Million2GBP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2020 S2 2023 S1
Net sales 290.8 309.4 -
EBITDA - - -
EBIT 1 54.9 78.9 36.1
Operating Margin 18.88% 25.5% -
Earnings before Tax (EBT) - - -
Net income - - -
Net margin - - -
EPS - - -
Dividend per Share - - -
Announcement Date 9/28/20 3/1/21 7/25/23
1GBP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - 10.1 28.5 39.5 47.8
Net Cash position 1 20.4 42 65.7 25.4 - - - -
Leverage (Debt/EBITDA) - - - - 0.0855 x 0.2508 x 0.3431 x 0.412 x
Free Cash Flow 82.9 51.3 77.9 17 -0.4 - - -
ROE (net income / shareholders' equity) - - 19.3% 13.2% 10.7% 11.3% 12.3% 13%
ROA (Net income/ Total Assets) - - - - - 5.78% 6.18% 6.45%
Assets 1 - - - - - 1,212 1,201 1,192
Book Value Per Share 2 - 1.790 2.030 2.010 2.000 1.940 1.900 1.870
Cash Flow per Share 2 0.2800 0.1700 0.2600 0.0600 0.0500 0.0200 0.0600 0.0700
Capex 1 3.9 1.9 6.5 13.7 16.3 10 9 8
Capex / Sales 0.56% 0.32% 1.06% 2.28% 2.87% 1.86% 1.7% 1.54%
Announcement Date 2/24/20 3/1/21 3/15/22 3/7/23 3/5/24 - - -
1GBP in Million2GBP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
1.008 GBP
Average target price
1.683 GBP
Spread / Average Target
+67.00%
Consensus

Annual profits - Rate of surprise