Stock Analysis Report

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Executive Summary

RA International Group PLC provides site services in demanding and remote areas in Africa and the Middle East. More Details

Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has RA International Group's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: RAI is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: RAI's weekly volatility (7%) has been stable over the past year.

Market Performance

7 Day Return




GB Construction


GB Market

1 Year Return




GB Construction


GB Market

Return vs Industry: RAI exceeded the UK Construction industry which returned -9.2% over the past year.

Return vs Market: RAI exceeded the UK Market which returned -6.3% over the past year.

Shareholder returns

7 Day-2.7%-1.8%-1.0%
30 Day17.4%0.3%2.2%
90 Day18.7%25.7%18.5%
1 Year41.0%36.7%-9.4%-11.0%-4.0%-7.7%
3 Yearn/a-23.6%-38.6%4.0%-8.7%
5 Yearn/a-8.1%-34.3%43.8%15.9%

Long-Term Price Volatility Vs. Market

How volatile is RA International Group's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is RA International Group undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: RAI (£0.54) is trading above our estimate of fair value (£0.14)

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

Price To Earnings Ratio

PE vs Industry: RAI is good value based on its PE Ratio (8.4x) compared to the GB Construction industry average (12.8x).

PE vs Market: RAI is good value based on its PE Ratio (8.4x) compared to the UK market (22.9x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RAI's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: RAI is overvalued based on its PB Ratio (1.8x) compared to the GB Construction industry average (1.2x).

Next Steps

Future Growth

How is RA International Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as RA International Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Next Steps

Past Performance

How has RA International Group performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RAI has a high level of non-cash earnings.

Growing Profit Margin: RAI's current net profit margins (18.8%) are higher than last year (14.8%).

Past Earnings Growth Analysis

Earnings Trend: RAI's earnings have grown significantly by 25% per year over the past 5 years.

Accelerating Growth: RAI's earnings growth over the past year (99.5%) exceeds its 5-year average (25% per year).

Earnings vs Industry: RAI earnings growth over the past year (99.5%) exceeded the Construction industry -31%.

Return on Equity

High ROE: RAI's Return on Equity (21.3%) is considered high.

Next Steps

Financial Health

How is RA International Group's financial position?

Financial Position Analysis

Short Term Liabilities: RAI's short term assets ($48.3M) exceed its short term liabilities ($9.7M).

Long Term Liabilities: RAI's short term assets ($48.3M) exceed its long term liabilities ($3.1M).

Debt to Equity History and Analysis

Debt Level: RAI is debt free.

Reducing Debt: RAI had no debt 5 years ago.

Debt Coverage: RAI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: RAI has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Next Steps


What is RA International Group current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: RAI's dividend (2.06%) is higher than the bottom 25% of dividend payers in the UK market (1.53%).

High Dividend: RAI's dividend (2.06%) is low compared to the top 25% of dividend payers in the UK market (4.57%).

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, RAI has been paying a dividend for less than 10 years.

Growing Dividend: RAI's dividend payments have increased, but the company has only paid a dividend for 2 years.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.8%), RAI's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Soraya Narfeldt

no data




Ms. Soraya Muriel Narfeldt serves as the Chief Executive Officer at RA International Group PLC and has been its Executive Director since March 13, 2018. She founded RA International in 2004. She has been s...

CEO Compensation Analysis

Compensation vs Market: Soraya's total compensation ($USD435.73K) is about average for companies of similar size in the UK market ($USD335.56K).

Compensation vs Earnings: Soraya's compensation has been consistent with company performance over the past year.

Board Members

Soraya Narfeldt
CEO & Executive Directorno dataUS$435.73k55.88%
$ 51.8m
Andrew Bolter
CFO & Executive Director2.67yrsUS$279.45k0.52%
$ 486.0k
Lars Narfeldt
COO & Executive Director2.83yrsUS$274.15k24.48%
$ 22.7m
Ian Henderson
Independent Non-Executive Director2.67yrsUS$66.88kno data
Alec Carstairs
Independent Non-Executive Director2.67yrsUS$66.88k0.063%
$ 58.7k
Sangita Vadilal Shah
Independent Non-Executive Chairno dataUS$107.01k0.025%
$ 23.2k
Philip Haydn-Slater
Independent Non-Executive Director2.67yrsUS$66.88k0.058%
$ 54.0k


Average Tenure

Experienced Board: RAI's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

RA International Group PLC's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: RA International Group PLC
  • Ticker: RAI
  • Exchange: AIM
  • Founded: 2004
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: UK£92.636m
  • Shares outstanding: 171.55m
  • Website:

Number of Employees


  • RA International Group PLC
  • Bay Square Building 12
  • Office 704
  • Dubai
  • United Arab Emirates


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RAIAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJun 2018


RA International Group PLC provides site services in demanding and remote areas in Africa and the Middle East. The company constructs paved roads, gravel roads, temporary bridges, helipads/runway construct...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/26 20:26
End of Day Share Price2021/01/26 00:00
Annual Earnings2019/12/31

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.