Ricardo plc

LSE:RCDO Stock Report

Market Cap: UK£270.6m

Ricardo Management

Management criteria checks 3/4

Ricardo's CEO is Tiemann Ritchie, appointed in Oct 2021, has a tenure of 3.25 years. total yearly compensation is £923.00K, comprised of 53.2% salary and 46.8% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth £290.27K. The average tenure of the management team and the board of directors is 2.1 years and 2.2 years respectively.

Key information

Tiemann Ritchie

Chief executive officer

UK£923.0k

Total compensation

CEO salary percentage53.2%
CEO tenure3.3yrs
CEO ownership0.1%
Management average tenure2.1yrs
Board average tenure2.2yrs

Recent management updates

Here's Why Shareholders May Want To Be Cautious With Increasing Ricardo plc's (LON:RCDO) CEO Pay Packet

Nov 08
Here's Why Shareholders May Want To Be Cautious With Increasing Ricardo plc's (LON:RCDO) CEO Pay Packet

Recent updates

Here's Why Shareholders May Want To Be Cautious With Increasing Ricardo plc's (LON:RCDO) CEO Pay Packet

Nov 08
Here's Why Shareholders May Want To Be Cautious With Increasing Ricardo plc's (LON:RCDO) CEO Pay Packet

With Ricardo plc (LON:RCDO) It Looks Like You'll Get What You Pay For

Jan 18
With Ricardo plc (LON:RCDO) It Looks Like You'll Get What You Pay For

Ricardo's (LON:RCDO) Dividend Will Be Increased To £0.0861

Oct 15
Ricardo's (LON:RCDO) Dividend Will Be Increased To £0.0861

Ricardo (LON:RCDO) Has Announced That It Will Be Increasing Its Dividend To £0.0861

Sep 30
Ricardo (LON:RCDO) Has Announced That It Will Be Increasing Its Dividend To £0.0861

Ricardo's (LON:RCDO) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 16
Ricardo's (LON:RCDO) Shareholders Will Receive A Bigger Dividend Than Last Year

Ricardo's (LON:RCDO) Dividend Will Be Increased To £0.0335

Mar 04
Ricardo's (LON:RCDO) Dividend Will Be Increased To £0.0335

Ricardo (LON:RCDO) Is Increasing Its Dividend To £0.0749

Oct 15
Ricardo (LON:RCDO) Is Increasing Its Dividend To £0.0749

Ricardo (LON:RCDO) Is Increasing Its Dividend To £0.0749

Sep 17
Ricardo (LON:RCDO) Is Increasing Its Dividend To £0.0749

Is Ricardo plc (LON:RCDO) Trading At A 37% Discount?

Mar 03
Is Ricardo plc (LON:RCDO) Trading At A 37% Discount?

An Intrinsic Calculation For Ricardo plc (LON:RCDO) Suggests It's 32% Undervalued

Jun 02
An Intrinsic Calculation For Ricardo plc (LON:RCDO) Suggests It's 32% Undervalued

At UK£4.34, Is Ricardo plc (LON:RCDO) Worth Looking At Closely?

Apr 05
At UK£4.34, Is Ricardo plc (LON:RCDO) Worth Looking At Closely?

Are Investors Undervaluing Ricardo plc (LON:RCDO) By 27%?

Mar 01
Are Investors Undervaluing Ricardo plc (LON:RCDO) By 27%?

Could The Ricardo plc (LON:RCDO) Ownership Structure Tell Us Something Useful?

Feb 02
Could The Ricardo plc (LON:RCDO) Ownership Structure Tell Us Something Useful?

Would Shareholders Who Purchased Ricardo's (LON:RCDO) Stock Three Years Be Happy With The Share price Today?

Jan 05
Would Shareholders Who Purchased Ricardo's (LON:RCDO) Stock Three Years Be Happy With The Share price Today?

Is It Time To Consider Buying Ricardo plc (LON:RCDO)?

Dec 15
Is It Time To Consider Buying Ricardo plc (LON:RCDO)?

Calculating The Intrinsic Value Of Ricardo plc (LON:RCDO)

Nov 24
Calculating The Intrinsic Value Of Ricardo plc (LON:RCDO)

CEO Compensation Analysis

How has Tiemann Ritchie's remuneration changed compared to Ricardo's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024UK£923kUK£491k

UK£700k

Mar 31 2024n/an/a

-UK£100k

Dec 31 2023n/an/a

-UK£900k

Sep 30 2023n/an/a

-UK£7m

Jun 30 2023UK£695kUK£477k

-UK£12m

Mar 31 2023n/an/a

-UK£11m

Dec 31 2022n/an/a

-UK£10m

Sep 30 2022n/an/a

-UK£950k

Jun 30 2022UK£811kUK£353k

UK£8m

Compensation vs Market: Tiemann's total compensation ($USD1.15M) is about average for companies of similar size in the UK market ($USD963.28K).

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

CEO

Tiemann Ritchie (52 yo)

3.3yrs

Tenure

UK£923,000

Compensation

Mr. Graham Ritchie, BA (Econ), ACA, also known as Tiemann, has been Group Chief Executive Officer and Director at Ricardo plc since October 01, 2021. He had been an Executive Vice President of Europe and C...

Leadership Team

NamePositionTenureCompensationOwnership
Graham Ritchie
Group CEO & Director3.3yrsUK£923.00k0.11%
£ 290.3k
Judith Cottrell
Chief Financial Officer1.5yrsUK£633.00k0.043%
£ 115.8k
Harpreet Sagoo
Group General Counsel & Company Secretary2yrsno data0.00011%
£ 297.7
Natasha Perfect
Group Marketing & Communications Director4yrsno data0.0065%
£ 17.6k
Diane Christensen
Chief People Officerless than a yearno data0.00011%
£ 297.7
Mike Bell
Chief Strategy & Digital Officer2.8yrsno data0.010%
£ 27.6k
Chet Gryczan
Managing Director of Ricardo Defense Inc.9yrsno datano data
Clive Wotton
Group Director of Sustainability2.8yrsno datano data
Rachel White
Global President of Clean Energy & Environmental Solutions2.1yrsno data0.0034%
£ 9.1k
Richard Guest
Managing Director of Performance Products2yrsno datano data
Jason O'Donnell
Managing Director of Automotive & Industrial1.1yrsno data0.00062%
£ 1.7k

2.1yrs

Average Tenure

Experienced Management: RCDO's management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Graham Ritchie
Group CEO & Director3.3yrsUK£923.00k0.11%
£ 290.3k
Timothy Farazmand
Non-Executive Directorless than a yearno datano data
Mark Clare
Chairman2.2yrsUK£175.00k0.032%
£ 87.0k
Malin Persson
Senior Independent Director9yrsUK£76.00k0.0024%
£ 6.5k
Russell King
Independent Non-Executive Director5.3yrsUK£63.00k0.0082%
£ 22.2k
Caroline Borg
Independent Non-Executive Directorless than a yearno datano data
Sian Rees
Non-Executive Directorless than a yearno datano data

2.2yrs

Average Tenure

64yo

Average Age

Experienced Board: RCDO's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 08:56
End of Day Share Price 2025/01/07 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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

Ricardo plc is covered by 18 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArden Partners Plc.
James BaylissBerenberg
Richard HickinbothamCharles Stanley Securities