Robert Walters plc

LSE:RWA Stock Report

Market Cap: UK£102.9m

Robert Walters Future Growth

Future criteria checks 3/6

Robert Walters is forecast to grow earnings and revenue by 93.2% and 0.09% per annum respectively. EPS is expected to grow by 93.1% per annum. Return on equity is forecast to be 0.8% in 3 years.

Key information

93.2%

Earnings growth rate

93.15%

EPS growth rate

Professional Services earnings growth11.5%
Revenue growth rate0.09%
Future return on equity0.76%
Analyst coverage

Low

Last updated10 Aug 2026

Recent future growth updates

Recent updates

Narrative Update Jul 09

RWA: Higher Discount Rate And Richer P/E Will Support Future Entry Opportunity

Analysts have reduced their price target on Robert Walters to £1.68 from £2.12, citing updated assumptions that include a higher discount rate, a shift from prior expectations of revenue decline to slight growth, a sharply lower profit margin outlook, and a much higher future P/E multiple. What’s in the News for Robert Walters No recent news stories specific to Robert Walters were identified in the provided sources.
Narrative Update Jun 25

RWA: Interim CFO Appointment Will Support Earnings Rebound And Potential Re Rating

Analysts have maintained their £2.25 price target for Robert Walters, reflecting only minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions in their latest models. What's in the News for Robert Walters Robert Walters announced that Chief Financial Officer David Bower has decided to retire and step down from the Board, effective March 30, 2026.
Narrative Update Jun 08

RWA: Interim CFO Transition Will Support Earnings Rebound And Potential Re Rating

Analysts have adjusted their price target for Robert Walters to £2.25, with the change linked to updated assumptions on discount rate, revenue growth, profit margin and future P/E, while keeping the fair value estimate steady at £2.25. What's in the News Robert Walters PLC announced that Chief Financial Officer David Bower has decided to retire and step down from the Board, effective March 30, 2026.
Narrative Update May 25

RWA: Interim CFO Experience Will Support Rebound As Earnings Profile Improves

Analysts have adjusted their price target on Robert Walters to £2.25, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E, which together indicate a refined view of the stock’s risk and earnings profile. What's in the News Chief Financial Officer David Bower has decided to retire and step down from the Board, with the change effective from March 30, 2026, while remaining available through a transition period (Key Developments).
Narrative Update Apr 26

RWA: Interim CFO Transition Will Support Rebound As Discount Rate Eases

Analysts have made a small adjustment to their price target for Robert Walters to £2.25, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E, while keeping their overall fair value view unchanged. What's in the News Chief Financial Officer David Bower has decided to retire and step down from the Board, with the change effective from March 30, 2026 (Key Developments).
Narrative Update Apr 11

RWA: Higher Required Return Will Support Rebound As Interim CFO Provides Continuity

Analysts have nudged their price target on Robert Walters slightly higher to £20.62 from £19.96, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E that remain broadly consistent with prior expectations. What's in the News Chief Financial Officer David Bower has decided to retire and step down from the Board, with a transition period during which he will remain available to the business (Key Developments).
New Narrative Apr 10

Outsourcing Headwinds And AI Pressure Will Persist Yet Earnings Recovery Will Eventually Emerge

Catalysts About Robert Walters Robert Walters is a global specialist recruitment and talent solutions firm focused on mid to senior professional roles across permanent, temporary, outsourcing, consultancy and talent advisory services. What are the underlying business or industry changes driving this perspective?
Narrative Update Mar 27

RWA: Higher Required Return Will Support Rebound On Modestly Lower Future P/E

Analysts have trimmed their price target on Robert Walters by £0.54. This reflects a slightly higher assumed discount rate and a more conservative future P/E multiple, partly offset by modestly adjusted revenue growth and profit margin expectations.
Narrative Update Mar 13

RWA: Higher Required Return Will Support Rebound Despite Lower Future P/E

Analysts have adjusted their fair value estimate for Robert Walters from £2.30 to £2.25, reflecting updated assumptions for revenue growth, profit margins, and a lower future P/E multiple that are now incorporated into their price targets. Valuation Changes Fair Value: reduced slightly from £2.30 to £2.25 per share.
Narrative Update Feb 27

RWA: Higher Discount Rate And Lower P/E Will Support Future Entry Opportunity

Analysts have trimmed their price target on Robert Walters to £2.70 from £2.79, reflecting updated views on discount rates, profit margins and forward P/E assumptions rather than any new company specific news flow. Valuation Changes Fair Value: £2.12 per share is unchanged.
Narrative Update Feb 13

RWA: Higher Future P/E Will Support Rebound Despite Weaker Profit Outlook

Analysts have cut their price target on Robert Walters, reflecting updated views on fair value at £3.50 versus £2.30, a higher discount rate of 8.45% versus 9.70%, weaker revenue growth expectations of 0.40% versus a 3.30% decline, slimmer profit margins of 2.70% versus 0.63%, and a higher future P/E of 11.90x versus 41.73x. Valuation Changes Fair Value: revised from £3.50 to £2.30, indicating a lower assessed share value in the updated view.
Narrative Update Jan 29

RWA: Higher Discount Rate Will Still Offer Attractive Future Entry Opportunity

Analysts have trimmed their price target for Robert Walters, citing updated fair value estimates, a higher discount rate, and revised assumptions for revenue, profit margins, and future P/E. Taken together, these factors point to a slightly lower valuation in currency terms.
Narrative Update Jan 15

RWA: Higher Discount Rate Will Present Future Entry Opportunity For Undervalued Shares

Analysts have reduced their price target on Robert Walters, citing a lower fair value estimate along with changes in the assumed discount rate, revenue growth, profit margin and future P/E, which together indicate a more cautious outlook on the shares. Valuation Changes Fair Value: reduced from 2.9 to 2.18333, indicating a lower implied valuation for the shares.
Analysis Article Nov 29

Is Robert Walters (LON:RWA) Using Debt Sensibly?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 24

Investors Don't See Light At End Of Robert Walters plc's (LON:RWA) Tunnel

When close to half the companies operating in the Professional Services industry in the United Kingdom have...
Analysis Article Jun 24

Robert Walters (LON:RWA) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 14

Revenues Working Against Robert Walters plc's (LON:RWA) Share Price Following 26% Dive

Unfortunately for some shareholders, the Robert Walters plc ( LON:RWA ) share price has dived 26% in the last thirty...
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New Narrative Mar 09

Investing In AI And Expanding Into Japan Will Drive Future Success

Emphasis on operational efficiencies and strategic investments are poised to improve margins and profitability by reducing costs and enhancing productivity.
Analysis Article Sep 06

At UK£3.40, Is It Time To Put Robert Walters plc (LON:RWA) On Your Watch List?

Robert Walters plc ( LON:RWA ), might not be a large cap stock, but it saw significant share price movement during...
Analysis Article Aug 19

Robert Walters' (LON:RWA) Dividend Will Be £0.065

Robert Walters plc's ( LON:RWA ) investors are due to receive a payment of £0.065 per share on 27th of September. This...
Analysis Article May 22

These 4 Measures Indicate That Robert Walters (LON:RWA) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 26

Robert Walters' (LON:RWA) Dividend Will Be £0.17

Robert Walters plc ( LON:RWA ) will pay a dividend of £0.17 on the 31st of May. Based on this payment, the dividend...
Analysis Article Mar 29

Robert Walters (LON:RWA) Has Affirmed Its Dividend Of £0.17

The board of Robert Walters plc ( LON:RWA ) has announced that it will pay a dividend of £0.17 per share on the 31st of...
Analysis Article Mar 20

Robert Walters plc (LON:RWA) Analysts Are More Bearish Than They Used To Be

One thing we could say about the analysts on Robert Walters plc ( LON:RWA ) - they aren't optimistic, having just made...
Analysis Article Mar 15

Robert Walters' (LON:RWA) Soft Earnings Are Actually Better Than They Appear

Soft earnings didn't appear to concern Robert Walters plc's ( LON:RWA ) shareholders over the last week. We did some...
Analysis Article Mar 13

Robert Walters (LON:RWA) Has Announced A Dividend Of £0.17

Robert Walters plc's ( LON:RWA ) investors are due to receive a payment of £0.17 per share on 31st of May. The dividend...
Analysis Article Jan 10

Is Now An Opportune Moment To Examine Robert Walters plc (LON:RWA)?

Robert Walters plc ( LON:RWA ), might not be a large cap stock, but it saw a decent share price growth of 13% on the...
Analysis Article Oct 07

Is Now An Opportune Moment To Examine Robert Walters plc (LON:RWA)?

Robert Walters plc ( LON:RWA ), might not be a large cap stock, but it saw significant share price movement during...
Analysis Article Jun 06

Returns On Capital Signal Tricky Times Ahead For Robert Walters (LON:RWA)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...

Earnings and Revenue Growth Forecasts

LSE:RWA - Analysts future estimates and past financials data (GBP Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028785610162
12/31/2027740-4382
12/31/2026705-21-122
6/30/2026812-2569N/A
3/31/2026797-2659N/A
12/31/2025781-27410N/A
9/30/2025808-211018N/A
6/30/2025836-151726N/A
3/31/2025864-101323N/A
12/31/2024892-61020N/A
9/30/202493401526N/A
6/30/202497562032N/A
3/31/20241,020102539N/A
12/31/20231,064133046N/A
9/30/20231,087193552N/A
6/30/20231,109254058N/A
3/31/20231,104323148N/A
12/31/20221,100392238N/A
9/30/20221,070381934N/A
6/30/20221,041381530N/A
3/31/20221,006361832N/A
12/31/2021971342034N/A
9/30/2021940263143N/A
6/30/2021910184253N/A
3/31/2021924126676N/A
12/31/202093868999N/A
9/30/20201,008148897N/A
6/30/20201,078228795N/A
3/31/20201,14728N/A83N/A
12/31/20191,21634N/A70N/A
9/30/20191,22935N/A72N/A
6/30/20191,24236N/A74N/A
3/31/20191,23836N/A68N/A
12/31/20181,23336N/A63N/A
9/30/20181,23134N/A42N/A
6/30/20181,22933N/A22N/A
3/31/20181,19731N/A27N/A
12/31/20171,16629N/A32N/A
9/30/20171,13826N/A34N/A
6/30/20171,11023N/A37N/A
3/31/20171,05422N/A33N/A
12/31/201699920N/A29N/A
9/30/201694318N/A22N/A
6/30/201688717N/A15N/A
3/31/201685016N/A15N/A
12/31/201581315N/A16N/A
9/30/201578015N/A15N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RWA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: RWA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: RWA is expected to become profitable in the next 3 years.

Revenue vs Market: RWA's revenue (0.09% per year) is forecast to grow slower than the UK market (3.9% per year).

High Growth Revenue: RWA's revenue (0.09% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RWA's Return on Equity is forecast to be low in 3 years time (0.8%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/20 09:21
End of Day Share Price 2026/08/20 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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

Robert Walters plc is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Konrad ZomerBerenberg
James GilbertCanaccord Genuity
Steven WoolfDeutsche Bank