The Restaurant Group plc

DB:R2K Stock Report

Market Cap: €575.4m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Restaurant Group Valuation

Is R2K undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of R2K when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€0.49
Fair Value
48.8% overvalued intrinsic discount
12
Number of Analysts

Below Fair Value: R2K (€0.73) is trading above our estimate of fair value (€0.49)

Significantly Below Fair Value: R2K is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for R2K?

Key metric: As R2K is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for R2K. This is calculated by dividing R2K's market cap by their current revenue.
What is R2K's PS Ratio?
PS Ratio0.5x
SalesUK£927.00m
Market CapUK£498.86m

Price to Sales Ratio vs Peers

How does R2K's PS Ratio compare to its peers?

The above table shows the PS ratio for R2K vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.7x
DHER Delivery Hero
0.7x11.4%€7.7b
TIMA ZEAL Network
6.6x12.3%€987.8m
HTG HomeToGo
1.2x15.9%€246.9m
IFA LS Invest
2.2xn/a€283.7m
R2K Restaurant Group
0.5x2.6%€498.9m

Price-To-Sales vs Peers: R2K is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (2.6x).

Price to Sales Ratio vs Industry

How does R2K's PS Ratio compare vs other companies in the DE Hospitality Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
9UX Hostmore
0.0006xn/aUS$138.43k
No more companies available in this PS range
R2K 0.5xIndustry Avg. 1.1xNo. of Companies3PS00.61.21.82.43+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: R2K is good value based on its Price-To-Sales Ratio (0.5x) compared to the European Hospitality industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is R2K's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

R2K PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: R2K is expensive based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst R2K forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€0.76
0%
9.1%€0.88€0.64n/a12
Jan ’26n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Dec ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Nov ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Oct ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Sep ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Aug ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Jul ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Jun ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
May ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Apr ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Mar ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Feb ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Jan ’25n/a
€0.76
0%
9.1%€0.88€0.64n/a12
Dec ’24€0.73
€0.76
+4.4%
9.1%€0.88€0.64n/a12
Nov ’24€0.73
€0.75
+2.1%
13.2%€0.89€0.52n/a12
Oct ’24€0.54
€0.73
+35.2%
16.0%€0.89€0.52n/a13
Sep ’24€0.46
€0.72
+56.0%
15.5%€0.89€0.53n/a12
Aug ’24€0.40
€0.71
+75.9%
14.9%€0.88€0.52n/a13
Jul ’24€0.41
€0.69
+68.5%
15.2%€0.84€0.52n/a14
Jun ’24€0.47
€0.68
+44.0%
17.3%€0.84€0.49n/a14
May ’24€0.41
€0.64
+54.3%
17.2%€0.80€0.40n/a14
Apr ’24€0.43
€0.64
+48.6%
17.2%€0.80€0.40n/a14
Mar ’24€0.38
€0.62
+63.2%
16.8%€0.80€0.40n/a13
Feb ’24€0.40
€0.62
+55.0%
16.8%€0.80€0.40n/a13
Jan ’24€0.34
€0.65
+90.4%
17.1%€0.80€0.40n/a14
Analyst Price Target
Consensus Narrative from 12 Analysts
€0.75
Fair Value
2.9% undervalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/23 02:59
End of Day Share Price 2023/12/20 00:00
Earnings2023/07/02
Annual Earnings2023/01/01

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Restaurant Group plc is covered by 27 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ian BerryArden Partners Plc.
Victoria Lee SternBarclays
Robert ChantryBerenberg