Restore plc, together with its subsidiaries, operates as a support services company primarily in the United Kingdom.
Proven track record with mediocre balance sheet.
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 has not had significant price volatility in 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 21.9% over the past year.
Return vs Market: RST exceeded the UK Market which returned 6.5% 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
1 week ago | Simply Wall StWith EPS Growth And More, Restore (LON:RST) Is Interesting
1 month ago | Simply Wall StWhat Does Restore plc's (LON:RST) P/E Ratio Tell You?
1 month ago | Simply Wall StHow Do Restore plc’s (LON:RST) Returns On Capital Compare To Peers?
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 (£4.92) is trading below our estimate of fair value (£5.59)
Significantly Below Fair Value: RST is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RST is poor value based on its PE Ratio (28.9x) compared to the Commercial Services industry average (20.2x).
PE vs Market: RST is poor value based on its PE Ratio (28.9x) compared to the UK market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: RST is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: RST is overvalued based on its PB Ratio (2.9x) compared to the GB Commercial Services industry average (2.2x).
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 (18.6% per year) is above the savings rate (0.5%).
Earnings vs Market: RST's earnings (18.6% per year) are forecast to grow faster than the UK market (12.9% per year).
High Growth Earnings: RST's earnings are forecast to grow, but not significantly.
Revenue vs Market: RST's revenue (2.5% per year) is forecast to grow slower than the UK market (3.6% per year).
High Growth Revenue: RST's revenue (2.5% 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 a large one-off loss of £6.2M impacting its June 30 2019 financial results.
Growing Profit Margin: RST's current net profit margins (10.1%) are higher than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: RST's earnings have grown significantly by 31.3% per year over the past 5 years.
Accelerating Growth: RST's earnings growth over the past year (39.7%) exceeds its 5-year average (31.3% per year).
Earnings vs Industry: RST earnings growth over the past year (39.7%) exceeded the Commercial Services industry 17.1%.
Return on Equity
High ROE: RST's Return on Equity (10%) is considered low.
Return on Assets
Return on Capital Employed
How is Restore's financial position?
Financial Position Analysis
Short Term Liabilities: RST's short term assets (£72.5M) exceed its short term liabilities (£65.8M).
Long Term Liabilities: RST's short term assets (£72.5M) do not cover its long term liabilities (£248.5M).
Debt to Equity History and Analysis
Debt Level: RST's debt to equity ratio (54.5%) is considered high.
Reducing Debt: RST's debt to equity ratio has increased from 53.2% to 54.5% over the past 5 years.
Debt Coverage: RST's debt is well covered by operating cash flow (41.7%).
Interest Coverage: RST's interest payments on its debt are well covered by EBIT (5.3x coverage).
Inventory Level: RST has a high level of physical assets or inventory.
Debt Coverage by Assets: RST's debt is not covered by short term assets (assets are 0.6x debt).
What is Restore's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RST's dividend (1.22%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.8%).
High Dividend: RST's dividend (1.22%) is low compared to the top 25% of dividend payers in the UK market (5.07%).
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 reasonably low payout ratio (37.6%), RST's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RST's dividends in 3 years are forecast to be well covered by earnings (26.2% 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 & Director||0.8yrs||no data||0.013% £82.6k|
|CFO & Executive Director||0.3yrs||no data||0.0048% £29.5k|
|Independent Chairman||2.1yrs||UK£90.00k||0.012% £73.8k|
|Independent Non-Executive Director||5.7yrs||UK£45.00k||no data|
|Independent Non-Executive Director||0.08yrs||no data||no data|
|Senior Independent Director||1.2yrs||UK£51.00k||0.0014% £8.6k|
|Non-Executive Director||1.1yrs||no data||no data|
Experienced Board: RST's board of directors are not considered experienced ( 1.1 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.1%.
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£614.497m
- 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, operates as a support services company primarily in the United Kingdom. The company operates through two segments, Document Management and Relocation. The Document Management segment stores and retrieves hard copy documents stored in cardboard boxes; manages archive boxes of document files, magnetic data, films, and other materials for blue-chip organizations; and offers reorganization of customer documents, document restoration, file-tracking, and electronic data back-up services, as well as cloud storage that allows access to indexed records. This segment also provides shredding and recycling services; converts hard-copy documents into electronic data; and organizes and indexes the electronic versions of documents for location. The Relocation segment provides commercial relocation services for customers that range from large corporates and local businesses to public sector bodies, such as health trusts, libraries, and universities; international moving services for senior managers; and IT relocations service to blue-chip organizations, which includes server and data center relocation, desktop IT and trading desk relocation, and furniture and IT asset audit and management. 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||2020/02/23 22:30|
|End of Day Share Price||2020/02/21 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.