Restore plc, together with its subsidiaries, provides offices and workplaces services to the public and private sectors primarily in the United Kingdom.
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Restore's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RST's share price has been volatile over the past 3 months.
7 Day Return
GB Commercial Services
1 Year Return
GB Commercial Services
Return vs Industry: RST exceeded the UK Commercial Services industry which returned -21.7% over the past year.
Return vs Market: RST exceeded the UK Market which returned -25.9% over the past year.
Price Volatility Vs. Market
How volatile is Restore's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StAn Intrinsic Calculation For Restore plc (LON:RST) Suggests It's 30% Undervalued
1 month ago | Simply Wall StCan You Imagine How Restore's (LON:RST) Shareholders Feel About The 61% Share Price Increase?
1 month ago | Simply Wall StWith EPS Growth And More, Restore (LON:RST) Is Interesting
Is Restore undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RST (£3.53) is trading below our estimate of fair value (£5.28)
Significantly Below Fair Value: RST is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RST is poor value based on its PE Ratio (25.9x) compared to the Commercial Services industry average (10.7x).
PE vs Market: RST is poor value based on its PE Ratio (25.9x) compared to the UK market (12.3x).
Price to Earnings Growth Ratio
PEG Ratio: RST is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: RST is overvalued based on its PB Ratio (2x) compared to the GB Commercial Services industry average (1.5x).
How is Restore forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RST's forecast earnings growth (10.1% per year) is above the savings rate (0.5%).
Earnings vs Market: RST's earnings (10.1% per year) are forecast to grow slower than the UK market (15.4% per year).
High Growth Earnings: RST's earnings are forecast to grow, but not significantly.
Revenue vs Market: RST's revenue (1.8% per year) is forecast to grow slower than the UK market (2.6% per year).
High Growth Revenue: RST's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RST's Return on Equity is forecast to be high in 3 years time
How has Restore performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RST has high quality earnings.
Growing Profit Margin: RST's current net profit margins (7.8%) are lower than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: RST's earnings have grown significantly by 29.8% per year over the past 5 years.
Accelerating Growth: RST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RST had negative earnings growth (-8.6%) over the past year, making it difficult to compare to the Commercial Services industry average (11.7%).
Return on Equity
High ROE: RST's Return on Equity (7.7%) is considered low.
How is Restore's financial position?
Financial Position Analysis
Short Term Liabilities: RST's short term assets (£66.3M) exceed its short term liabilities (£56.4M).
Long Term Liabilities: RST's short term assets (£66.3M) do not cover its long term liabilities (£241.2M).
Debt to Equity History and Analysis
Debt Level: RST's debt to equity ratio (48.3%) is considered high.
Reducing Debt: RST's debt to equity ratio has reduced from 56.4% to 48.3% over the past 5 years.
Debt Coverage: RST's debt is well covered by operating cash flow (53.9%).
Interest Coverage: RST's interest payments on its debt are well covered by EBIT (3.9x coverage).
What is Restore's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: RST's dividend (2.04%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.65%).
High Dividend: RST's dividend (2.04%) is low compared to the top 25% of dividend payers in the UK market (7.43%).
Stability and Growth of Payments
Stable Dividend: RST has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RST's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.9%), RST's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RST's dividends in 3 years are forecast to be well covered by earnings (31% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Charles Bligh (51yo)
Mr. Charles Edward Bligh is Chief Executive Officer at Restore plc since April 1, 2019. Mr. Bligh had been the Chief Operating Officer at TalkTalk Telecom Group PLC since May 2017 until June 30, 2018. Mr. ...
CEO Compensation Analysis
Compensation vs Market: Charles's total compensation ($USD873.84K) is about average for companies of similar size in the UK market ($USD1.01M).
Compensation vs Earnings: Insufficient data to compare Charles's compensation with company performance.
|CEO & Director||1yr||UK£713.68k||0.013% £65.9k|
|CFO & Executive Director||0.50yr||UK£344.00k||0.0048% £23.5k|
|Independent Chairman||2.25yrs||UK£90.00k||0.012% £58.8k|
|Independent Non-Executive Director||5.83yrs||UK£45.00k||no data|
|Independent Non-Executive Director||0.25yr||no data||no data|
|Senior Independent Director||1.33yrs||UK£55.00k||0.0014% £6.9k|
|Non-Executive Director||1.25yrs||UK£49.00k||no data|
Experienced Board: RST's board of directors are not considered experienced ( 1.3 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.
Restore plc's company bio, employee growth, exchange listings and data sources
- Name: Restore plc
- Ticker: RST
- Exchange: AIM
- Founded: 2004
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: UK£489.599m
- Shares outstanding: 124.90m
- Website: https://www.restoreplc.com
Number of Employees
- Restore plc
- 15/19 Cavendish Place
- Greater London
- W1G 0QE
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RST||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Jul 2005|
Restore plc, together with its subsidiaries, provides offices and workplaces services to the public and private sectors primarily in the United Kingdom. The company operates through two segments, Document Management and Relocation. The Document Management segment offers storage and retrieval solutions for hard copy documents, magnetic data storage tapes, and heritage assets, as well as document management services; paper shredding and recycling services; and scanning services. The Relocation segment provides commercial and workplace relocation services; and IT asset lifecycle management services. Restore plc was incorporated in 2004 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 00:25|
|End of Day Share Price||2020/04/09 00:00|
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.