Rathbone Brothers Plc, through its subsidiaries, provides individual investment and wealth management services for private clients, charities, trustees, and professional partners in the United Kingdom and Jersey.
Rathbone Brothers Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£20.20|
|52 Week High||UK£14.02|
|52 Week Low||UK£20.85|
|1 Month Change||0.50%|
|3 Month Change||9.07%|
|1 Year Change||33.95%|
|3 Year Change||-10.06%|
|5 Year Change||12.53%|
|Change since IPO||441.55%|
Recent News & Updates
Rathbone Brothers (LON:RAT) Is Paying Out A Larger Dividend Than Last Year
The board of Rathbone Brothers Plc ( LON:RAT ) has announced that it will be increasing its dividend on the 5th of...
|RAT||GB Capital Markets||GB Market|
Return vs Industry: RAT exceeded the UK Capital Markets industry which returned 12.7% over the past year.
Return vs Market: RAT exceeded the UK Market which returned 23.1% over the past year.
Stable Share Price: RAT is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: RAT's weekly volatility (3%) has been stable over the past year.
About the Company
Rathbone Brothers Plc, through its subsidiaries, provides individual investment and wealth management services for private clients, charities, trustees, and professional partners in the United Kingdom and Jersey. The company operates in two segments, Investment Management and Funds. Its services include discretionary investment management, unit trust management, financial planning, unitized portfolio, managed portfolio, select portfolio, and banking and loan services, as well as trust, legal, estate, and tax advisory services.
Rathbone Brothers Fundamentals Summary
|RAT fundamental statistics|
Is RAT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RAT income statement (TTM)|
|Cost of Revenue||UK£26.68m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 24, 2022
|Earnings per share (EPS)||0.78|
|Net Profit Margin||10.54%|
How did RAT perform over the long term?See historical performance and comparison
3.7%Current Dividend Yield
Is Rathbone Brothers undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RAT (£20.2) is trading above our estimate of fair value (£11.22)
Significantly Below Fair Value: RAT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RAT is poor value based on its PE Ratio (26x) compared to the UK Capital Markets industry average (13x).
PE vs Market: RAT is poor value based on its PE Ratio (26x) compared to the UK market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: RAT is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: RAT's PB Ratio (2x) is in line with the GB Capital Markets industry average.
How is Rathbone Brothers forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAT's forecast earnings growth (12.6% per year) is above the savings rate (0.9%).
Earnings vs Market: RAT's earnings (12.6% per year) are forecast to grow slower than the UK market (12.9% per year).
High Growth Earnings: RAT's earnings are forecast to grow, but not significantly.
Revenue vs Market: RAT's revenue (7.1% per year) is forecast to grow faster than the UK market (4.9% per year).
High Growth Revenue: RAT's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RAT's Return on Equity is forecast to be low in 3 years time (17.7%).
How has Rathbone Brothers performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAT has a high level of non-cash earnings.
Growing Profit Margin: RAT's current net profit margins (10.5%) are higher than last year (8.4%).
Past Earnings Growth Analysis
Earnings Trend: RAT's earnings have declined by 6.6% per year over the past 5 years.
Accelerating Growth: RAT's earnings growth over the past year (38.7%) exceeds its 5-year average (-6.6% per year).
Earnings vs Industry: RAT earnings growth over the past year (38.7%) underperformed the Capital Markets industry 56.1%.
Return on Equity
High ROE: RAT's Return on Equity (7.6%) is considered low.
How is Rathbone Brothers's financial position?
Financial Position Analysis
Short Term Liabilities: RAT's short term assets (£2.8B) exceed its short term liabilities (£2.4B).
Long Term Liabilities: RAT's short term assets (£2.8B) exceed its long term liabilities (£82.9M).
Debt to Equity History and Analysis
Debt Level: RAT's debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: RAT's debt to equity ratio has reduced from 8.2% to 3.6% over the past 5 years.
Debt Coverage: RAT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RAT's interest payments on its debt are well covered by EBIT (27x coverage).
What is Rathbone Brothers's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RAT's dividend (3.66%) is higher than the bottom 25% of dividend payers in the UK market (1.4%).
High Dividend: RAT's dividend (3.66%) is low compared to the top 25% of dividend payers in the UK market (4.07%).
Stability and Growth of Payments
Stable Dividend: RAT's dividends per share have been stable in the past 10 years.
Growing Dividend: RAT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (88.5%), RAT's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RAT's dividends in 3 years are forecast to be covered by earnings (50.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Paul Stockton (55 yo)
Mr. Paul Robert Stockton serves as Chief Executive Officer and Executive Director of Rathbone Investment Management Limited. Mr. Stockton has been Executive Director of Rathbone Brothers plc since Septembe...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD1.88M) is above average for companies of similar size in the UK market ($USD1.41M).
Compensation vs Earnings: Paul's compensation has increased by more than 20% in the past year.
Experienced Board: RAT's board of directors are considered experienced (3.3 years average tenure).
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 5.7%.
Rathbone Brothers Plc's employee growth, exchange listings and data sources
- Name: Rathbone Brothers Plc
- Ticker: RAT
- Exchange: LSE
- Founded: 1742
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£1.176b
- Shares outstanding: 58.22m
- Website: https://www.rathbones.com
Number of Employees
- Rathbone Brothers Plc
- 8 Finsbury Circus
- Greater London
- EC2M 7AZ
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 17:56|
|End of Day Share Price||2021/10/22 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.