RICARDO PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 448 GBX | -0.44% |
|
-1.54% | -8.57% |
| Mar. 13 | Transcript : Ricardo plc - Special Call | |
| Mar. 08 | AO World non-exec director invests GBP600,000 | AN |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 405.6 | 223.6 | 254.9 | 224.9 | 355.8 | 278.7 | - | - |
| Enterprise Value (EV) 1 | 453 | 297 | 301.8 | 260.3 | 417.9 | 368.3 | 361.9 | 354.5 |
| P/E ratio | 20.6 x | -34.3 x | 141 x | 26.2 x | -65.7 x | 16 x | 12.8 x | 10.6 x |
| Yield | 2.8% | 1.49% | 1.67% | 2.88% | 1.9% | 2.84% | 3.03% | 3.63% |
| Capitalization / Revenue | 1.06 x | 0.64 x | 0.72 x | 0.58 x | 0.8 x | 0.59 x | 0.58 x | 0.54 x |
| EV / Revenue | 1.18 x | 0.84 x | 0.86 x | 0.67 x | 0.94 x | 0.78 x | 0.76 x | 0.68 x |
| EV / EBITDA | 8.24 x | 5.9 x | 7.12 x | 5.34 x | 8.6 x | 6.71 x | 6.11 x | 5.45 x |
| EV / FCF | 53.3 x | 175 x | 14.1 x | 6.94 x | 119 x | 21.9 x | 20.6 x | 15.2 x |
| FCF Yield | 1.88% | 0.57% | 7.09% | 14.4% | 0.84% | 4.56% | 4.86% | 6.57% |
| Price to Book | 2.36 x | 1.5 x | 1.32 x | 1.14 x | 2.02 x | 1.46 x | 1.38 x | 1.37 x |
| Nbr of stocks (in thousands) | 53,369 | 53,366 | 62,177 | 62,200 | 62,209 | 62,215 | - | - |
| Reference price 2 | 7.600 | 4.190 | 4.100 | 3.615 | 5.720 | 4.480 | 4.480 | 4.480 |
| Announcement Date | 9/12/19 | 9/10/20 | 9/15/21 | 9/14/22 | 9/13/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 384.4 | 352 | 351.8 | 387.3 | 445.2 | 470.8 | 476.7 | 519.7 |
| EBITDA 1 | 55 | 50.3 | 42.4 | 48.7 | 48.6 | 54.87 | 59.18 | 65.08 |
| EBIT 1 | 39.6 | 20 | 22.7 | 30.1 | 34.5 | 39.27 | 44.79 | 49.65 |
| Operating Margin | 10.3% | 5.68% | 6.45% | 7.77% | 7.75% | 8.34% | 9.4% | 9.55% |
| Earnings before Tax (EBT) 1 | 26.5 | -5.3 | 3.9 | 13.2 | -8 | 26.72 | 33.12 | 39.53 |
| Net income 1 | 19.9 | -6.5 | 1.7 | 8.6 | -5.4 | 18.8 | 22.3 | 26.4 |
| Net margin | 5.18% | -1.85% | 0.48% | 2.22% | -1.21% | 3.99% | 4.68% | 5.08% |
| EPS 2 | 0.3690 | -0.1220 | 0.0290 | 0.1380 | -0.0870 | 0.2795 | 0.3495 | 0.4240 |
| Free Cash Flow 1 | 8.5 | 1.7 | 21.4 | 37.5 | 3.5 | 16.8 | 17.58 | 23.28 |
| FCF margin | 2.21% | 0.48% | 6.08% | 9.68% | 0.79% | 3.57% | 3.69% | 4.48% |
| FCF Conversion (EBITDA) | 15.45% | 3.38% | 50.47% | 77% | 7.2% | 30.63% | 29.71% | 35.77% |
| FCF Conversion (Net income) | 42.71% | - | 1,258.82% | 436.05% | - | 89.39% | 78.85% | 88.19% |
| Dividend per Share 2 | 0.2128 | 0.0624 | 0.0686 | 0.1040 | 0.1084 | 0.1273 | 0.1356 | 0.1624 |
| Announcement Date | 9/12/19 | 9/10/20 | 9/15/21 | 9/14/22 | 9/13/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 159.1 | - | 187.1 | 185.5 | 201.8 | - | 232.5 |
| EBITDA 1 | - | - | - | - | - | 29 | - | 28.1 |
| EBIT 1 | - | 2 | 7.4 | 15.3 | - | 28.6 | - | 21.5 |
| Operating Margin | - | 1.26% | - | 8.18% | - | 14.17% | - | 9.25% |
| Earnings before Tax (EBT) | - | -13.6 | - | - | - | - | - | - |
| Net income | - | -12.8 | - | - | - | - | - | - |
| Net margin | - | -8.05% | - | - | - | - | - | - |
| EPS | - | -0.2400 | - | - | 0.0560 | - | - | - |
| Dividend per Share | 0.0624 | - | 0.0175 | - | - | 0.0511 | 0.0335 | - |
| Announcement Date | - | 9/10/20 | 2/25/21 | 9/15/21 | 2/24/22 | 9/14/22 | - | 9/13/23 |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 47.4 | 73.4 | 46.9 | 35.4 | 62.1 | 89.6 | 83.1 | 75.8 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.8618 x | 1.459 x | 1.106 x | 0.7269 x | 1.278 x | 1.632 x | 1.405 x | 1.165 x |
| Free Cash Flow 1 | 8.5 | 1.7 | 21.4 | 37.5 | 3.5 | 16.8 | 17.6 | 23.3 |
| ROE (net income / shareholders' equity) | 11.6% | 7.1% | 7.96% | 10.2% | 11% | 12.5% | 14.1% | 15.8% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 3.220 | 2.790 | 3.100 | 3.170 | 2.830 | 3.070 | 3.250 | 3.280 |
| Cash Flow per Share 2 | 0.4700 | 0.4400 | 0.4400 | 0.7000 | 0.2300 | 0.4800 | 0.6800 | 0.5800 |
| Capex 1 | 16.7 | 22 | 4.5 | 6.1 | 10.6 | 14.8 | 15.7 | 16.3 |
| Capex / Sales | 4.34% | 6.25% | 1.28% | 1.58% | 2.38% | 3.15% | 3.3% | 3.14% |
| Announcement Date | 9/12/19 | 9/10/20 | 9/15/21 | 9/14/22 | 9/13/23 | - | - | - |
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
4.48
GBP
Average target price
6.08
GBP
Spread / Average Target
+35.71%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -8.57% | 347M | |
| +6.13% | 7.41B | |
| -32.64% | 3.24B | |
| +5.82% | 2.66B | |
| +11.38% | 1.75B | |
| -9.32% | 1.08B | |
| +31.69% | 907M | |
| -7.64% | 714M | |
| -3.60% | 606M | |
| -8.30% | 539M |
- Stock Market
- Equities
- RCDO Stock
- Financials Ricardo plc
