Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 2/6 |
Past Performance | 4/6 |
Financial Health | 4/6 |
Dividends | 4/6 |
RAT Stock Overview
Rathbones Group 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.
Rewards
Risk Analysis
Rathbones Group Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | UK£20.70 |
52 Week High | UK£22.30 |
52 Week Low | UK£14.26 |
Beta | 0.60 |
1 Month Change | -3.27% |
3 Month Change | 15.77% |
1 Year Change | 16.55% |
3 Year Change | -11.16% |
5 Year Change | -16.47% |
Change since IPO | 454.96% |
Recent News & Updates
Rathbones Group (LON:RAT) Is Increasing Its Dividend To UK£0.54
Rathbones Group Plc's ( LON:RAT ) dividend will be increasing to UK£0.54 on 10th of May. This will take the dividend...
Rathbones Group (LON:RAT) Is Paying Out A Larger Dividend Than Last Year
Rathbones Group Plc ( LON:RAT ) will increase its dividend on the 10th of May to UK£0.54. This will take the dividend...
Shareholder Returns
RAT | GB Capital Markets | GB Market | |
---|---|---|---|
7D | 3.5% | 3.0% | 3.6% |
1Y | 16.6% | -8.8% | -2.5% |
Return vs Industry: RAT exceeded the UK Capital Markets industry which returned -10.1% over the past year.
Return vs Market: RAT exceeded the UK Market which returned -3.2% over the past year.
Price Volatility
RAT volatility | |
---|---|
RAT Average Weekly Movement | 6.1% |
Capital Markets Industry Average Movement | 4.9% |
Market Average Movement | 6.1% |
10% most volatile stocks in GB Market | 11.8% |
10% least volatile stocks in GB Market | 3.2% |
Stable Share Price: RAT is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: RAT's weekly volatility (6%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1742 | 1,967 | Paul Stockton | https://www.rathbones.com |
Rathbones Group 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 and advisory, managed portfolio, and banking and loan services, as well as trust, tax, and legal advisory services.
Rathbones Group Fundamentals Summary
RAT fundamental statistics | |
---|---|
Market Cap | UK£1.21b |
Earnings (TTM) | UK£75.23m |
Revenue (TTM) | UK£465.40m |
16.1x
P/E Ratio2.6x
P/S RatioIs RAT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
RAT income statement (TTM) | |
---|---|
Revenue | UK£465.40m |
Cost of Revenue | UK£29.06m |
Gross Profit | UK£436.33m |
Other Expenses | UK£361.10m |
Earnings | UK£75.23m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Jul 28, 2022
Earnings per share (EPS) | 1.28 |
Gross Margin | 93.76% |
Net Profit Margin | 16.16% |
Debt/Equity Ratio | 6.8% |
How did RAT perform over the long term?
See historical performance and comparisonDividends
3.9%
Current Dividend Yield61%
Payout RatioValuation
Is Rathbones Group undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
42.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RAT (£20.7) is trading below our estimate of fair value (£36.21)
Significantly Below Fair Value: RAT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RAT is poor value based on its PE Ratio (16.1x) compared to the UK Capital Markets industry average (9.5x).
PE vs Market: RAT is poor value based on its PE Ratio (16.1x) compared to the UK market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: RAT is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: RAT is overvalued based on its PB Ratio (1.9x) compared to the GB Capital Markets industry average (1.1x).
Future Growth
How is Rathbones Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
6.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAT's forecast earnings growth (6.1% per year) is above the savings rate (0.9%).
Earnings vs Market: RAT's earnings (6.1% per year) are forecast to grow slower than the UK market (11.1% per year).
High Growth Earnings: RAT's earnings are forecast to grow, but not significantly.
Revenue vs Market: RAT's revenue (5.5% per year) is forecast to grow faster than the UK market (4% per year).
High Growth Revenue: RAT's revenue (5.5% 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 (13.8%).
Past Performance
How has Rathbones Group performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
0.6%
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 (16.2%) are higher than last year (6.8%).
Past Earnings Growth Analysis
Earnings Trend: RAT's earnings have grown by 0.6% per year over the past 5 years.
Accelerating Growth: RAT's earnings growth over the past year (182.3%) exceeds its 5-year average (0.6% per year).
Earnings vs Industry: RAT earnings growth over the past year (182.3%) exceeded the Capital Markets industry 62.1%.
Return on Equity
High ROE: RAT's Return on Equity (12.1%) is considered low.
Financial Health
How is Rathbones Group's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: RAT's short term assets (£2.8B) exceed its short term liabilities (£2.5B).
Long Term Liabilities: RAT's short term assets (£2.8B) exceed its long term liabilities (£137.0M).
Debt to Equity History and Analysis
Debt Level: RAT's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: RAT's debt to equity ratio has increased from 6.1% to 6.8% 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 (585.8x coverage).
Balance Sheet
Dividend
What is Rathbones Group current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
3.91%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RAT's dividend (3.91%) is higher than the bottom 25% of dividend payers in the UK market (1.8%).
High Dividend: RAT's dividend (3.91%) is low compared to the top 25% of dividend payers in the UK market (4.84%).
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.7%), RAT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RAT is paying a dividend but the company has no free cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average board tenure
CEO
Paul Stockton (55 yo)
3yrs
Tenure
UK£1,155,000
Compensation
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 ($USD1.44M) is about average for companies of similar size in the UK market ($USD1.85M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: RAT's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RAT insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.3%.
Top Shareholders
Company Information
Rathbones Group Plc's employee growth, exchange listings and data sources
Key Information
- Name: Rathbones Group Plc
- Ticker: RAT
- Exchange: LSE
- Founded: 1742
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: UK£1.214b
- Shares outstanding: 58.67m
- Website: https://www.rathbones.com
Number of Employees
Location
- Rathbones Group Plc
- 8 Finsbury Circus
- London
- Greater London
- EC2M 7AZ
- United Kingdom
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/17 00:00 |
End of Day Share Price | 2022/05/17 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
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.