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Ricardo LSE:RCDO Stock Report

Last Price

UK£2.58

Market Cap

UK£160.5m

7D

-3.7%

1Y

-45.5%

Updated

11 May, 2025

Data

Company Financials +

Ricardo plc

LSE:RCDO Stock Report

Market Cap: UK£160.5m

RCDO Stock Overview

Provides environmental, technical, and strategic consultancy services in the United Kingdom, Europe, North America, China, rest of Asia, Australia, and internationally. More details

RCDO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends1/6

Rewards

Trading at 83.6% below our estimate of its fair value

Earnings are forecast to grow 65.96% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 4.11% is not well covered by earnings or free cash flows


Community vs My Fair Value

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RCDO logo
Ricardo
AN
AnalystConsensusTarget
Consensus Narrative from 9 Analysts

Acquisition Of E3A And Energy Transition Focus Will Boost Future Prospects

Key Takeaways Strategic focus on high-margin Energy & Environmental solutions and operational efficiency to improve long-term revenue and earnings quality. Expansion into digital and advisory services, alongside infrastructure and industrial market diversification, to drive future revenue growth and profitability.
View narrative
UK£3.82
FV
32.4% undervalued intrinsic discount
-1.85%
Revenue growth p.a.
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2users have followed this narrative
10 days ago author updated this narrative
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Ricardo plc Competitors

Knights Group Holdings

AIM:KGH

UK£141.3m

Begbies Traynor Group

AIM:BEG

UK£149.9m

Public Policy Holding Company

AIM:PPHC

UK£158.7m

Gateley (Holdings)

AIM:GTLY

UK£183.7m

Price History & Performance

Summary of share price highs, lows and changes for Ricardo
Historical stock prices
Current Share PriceUK£2.58
52 Week HighUK£5.36
52 Week LowUK£2.06
Beta0.021
1 Month Change14.16%
3 Month Change15.18%
1 Year Change-45.45%
3 Year Change-23.21%
5 Year Change-30.65%
Change since IPO160.61%

Recent News & Updates

Slowing Rates Of Return At Ricardo (LON:RCDO) Leave Little Room For Excitement

May 03
Slowing Rates Of Return At Ricardo (LON:RCDO) Leave Little Room For Excitement

These 4 Measures Indicate That Ricardo (LON:RCDO) Is Using Debt Reasonably Well

Apr 10
These 4 Measures Indicate That Ricardo (LON:RCDO) Is Using Debt Reasonably Well

Ricardo (LON:RCDO) Is Paying Out Less In Dividends Than Last Year

Mar 12
Ricardo (LON:RCDO) Is Paying Out Less In Dividends Than Last Year

Recent updates

Slowing Rates Of Return At Ricardo (LON:RCDO) Leave Little Room For Excitement

May 03
Slowing Rates Of Return At Ricardo (LON:RCDO) Leave Little Room For Excitement

These 4 Measures Indicate That Ricardo (LON:RCDO) Is Using Debt Reasonably Well

Apr 10
These 4 Measures Indicate That Ricardo (LON:RCDO) Is Using Debt Reasonably Well

Ricardo (LON:RCDO) Is Paying Out Less In Dividends Than Last Year

Mar 12
Ricardo (LON:RCDO) Is Paying Out Less In Dividends Than Last Year
author-image

Expansion Into North America And Middle East Will Open New Revenue Streams

Feb 09 Focus on decarbonization and environmental transition in key markets is expected to drive substantial revenue growth as demand for sustainable solutions increases.

Need To Know: The Consensus Just Cut Its Ricardo plc (LON:RCDO) Estimates For 2025

Feb 08
Need To Know: The Consensus Just Cut Its Ricardo plc (LON:RCDO) Estimates For 2025

Ricardo plc's (LON:RCDO) 37% Share Price Plunge Could Signal Some Risk

Jan 31
Ricardo plc's (LON:RCDO) 37% Share Price Plunge Could Signal Some Risk

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?

Shareholder Returns

RCDOGB Professional ServicesGB Market
7D-3.7%-1.2%-0.3%
1Y-45.5%9.9%-0.7%

Return vs Industry: RCDO underperformed the UK Professional Services industry which returned 9.9% over the past year.

Return vs Market: RCDO underperformed the UK Market which returned -0.7% over the past year.

Price Volatility

Is RCDO's price volatile compared to industry and market?
RCDO volatility
RCDO Average Weekly Movement6.9%
Professional Services Industry Average Movement5.9%
Market Average Movement5.8%
10% most volatile stocks in GB Market11.0%
10% least volatile stocks in GB Market3.2%

Stable Share Price: RCDO has not had significant price volatility in the past 3 months compared to the UK market.

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

About the Company

FoundedEmployeesCEOWebsite
19152,559Tiemann Ritchiericardo.com

Ricardo plc provides environmental, technical, and strategic consultancy services in the United Kingdom, Europe, North America, China, rest of Asia, Australia, and internationally. The company operates through Energy and Environment (EE), Rail, Automotive and Industrial (A&I) Established, Automotive and Industrial (A&I) Emerging, Defense, and Performance Products (PP) segments. The EE segment provides environmental consultancy services and data to governments, public agencies, and private businesses.

Ricardo plc Fundamentals Summary

How do Ricardo's earnings and revenue compare to its market cap?
RCDO fundamental statistics
Market capUK£160.51m
Earnings (TTM)-UK£1.20m
Revenue (TTM)UK£476.20m

0.3x

P/S Ratio

-133.8x

P/E Ratio

Is RCDO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RCDO income statement (TTM)
RevenueUK£476.20m
Cost of RevenueUK£337.60m
Gross ProfitUK£138.60m
Other ExpensesUK£139.80m
Earnings-UK£1.20m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Sep 17, 2025

Earnings per share (EPS)-0.019
Gross Margin29.11%
Net Profit Margin-0.25%
Debt/Equity Ratio70.8%

How did RCDO perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

-549%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/11 10:13
End of Day Share Price 2025/05/09 00:00
Earnings2024/12/31
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.

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 Github.

Analyst Sources

Ricardo plc is covered by 19 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