company background image
REC logo

Record LSE:REC Stock Report

Last Price

UK£0.55

Market Cap

UK£107.3m

7D

-10.5%

1Y

-26.2%

Updated

18 Dec, 2024

Data

Company Financials +

Record plc

LSE:REC Stock Report

Market Cap: UK£107.3m

REC Stock Overview

Through its subsidiaries, provides currency and derivative management services in the United Kingdom, North America, Continental Europe, Australia, and internationally. More details

REC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 43.2% below our estimate of its fair value

Earnings are forecast to grow 8.16% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 9.52% is not well covered by earnings or free cash flows

Significant insider selling over the past 3 months


My Notes

Capture your thoughts, links and company narrative

Record plc Competitors

M&G Credit Income Investment Trust

LSE:MGCI

UK£139.3m

KR1

LSE:0A9X

UK£129.5m

Premier Miton Group

AIM:PMI

UK£92.8m

City of London Investment Group

LSE:CLIG

UK£186.1m

Price History & Performance

Summary of share price highs, lows and changes for Record
Historical stock prices
Current Share PriceUK£0.55
52 Week HighUK£0.75
52 Week LowUK£0.55
Beta1.03
1 Month Change-14.42%
3 Month Change-14.42%
1 Year Change-26.22%
3 Year Change-25.61%
5 Year Change45.41%
Change since IPO-67.21%

Recent News & Updates

Recent updates

Record (LON:REC) Is Paying Out A Dividend Of £0.0305

Jul 01
Record (LON:REC) Is Paying Out A Dividend Of £0.0305

Record (LON:REC) Is Paying Out A Larger Dividend Than Last Year

Dec 02
Record (LON:REC) Is Paying Out A Larger Dividend Than Last Year

Here's Why We Think Record (LON:REC) Is Well Worth Watching

Nov 30
Here's Why We Think Record (LON:REC) Is Well Worth Watching

Record (LON:REC) Has Announced That It Will Be Increasing Its Dividend To UK£0.027

Jun 24
Record (LON:REC) Has Announced That It Will Be Increasing Its Dividend To UK£0.027

Here's Why I Think Record (LON:REC) Is An Interesting Stock

Apr 23
Here's Why I Think Record (LON:REC) Is An Interesting Stock

Do Record's (LON:REC) Earnings Warrant Your Attention?

Dec 23
Do Record's (LON:REC) Earnings Warrant Your Attention?

Record (LON:REC) Is Paying Out A Larger Dividend Than Last Year

Nov 25
Record (LON:REC) Is Paying Out A Larger Dividend Than Last Year

Key Things To Consider Before Buying Record plc (LON:REC) For Its Dividend

Mar 03
Key Things To Consider Before Buying Record plc (LON:REC) For Its Dividend

Don't Ignore The Fact That This Insider Just Sold Some Shares In Record plc (LON:REC)

Feb 09
Don't Ignore The Fact That This Insider Just Sold Some Shares In Record plc (LON:REC)

What Type Of Shareholders Make Up Record plc's (LON:REC) Share Registry?

Feb 02
What Type Of Shareholders Make Up Record plc's (LON:REC) Share Registry?

Who Has Been Selling Record plc (LON:REC) Shares?

Jan 11
Who Has Been Selling Record plc (LON:REC) Shares?

Record (LON:REC) Has Gifted Shareholders With A Fantastic 150% Total Return On Their Investment

Dec 21
Record (LON:REC) Has Gifted Shareholders With A Fantastic 150% Total Return On Their Investment

Three Days Left Until Record plc (LON:REC) Trades Ex-Dividend

Nov 29
Three Days Left Until Record plc (LON:REC) Trades Ex-Dividend

Should You Or Shouldn't You: A Dividend Analysis on Record plc (LON:REC)

Nov 24
Should You Or Shouldn't You: A Dividend Analysis on Record plc (LON:REC)

Shareholder Returns

RECGB Capital MarketsGB Market
7D-10.5%0.3%-1.4%
1Y-26.2%21.7%4.6%

Return vs Industry: REC underperformed the UK Capital Markets industry which returned 21.7% over the past year.

Return vs Market: REC underperformed the UK Market which returned 4.6% over the past year.

Price Volatility

Is REC's price volatile compared to industry and market?
REC volatility
REC Average Weekly Movement3.3%
Capital Markets Industry Average Movement3.8%
Market Average Movement4.9%
10% most volatile stocks in GB Market10.3%
10% least volatile stocks in GB Market2.6%

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

Volatility Over Time: REC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198398Jan Hendrik Wittewww.recordcm.com

Record plc, through its subsidiaries, provides currency and derivative management services in the United Kingdom, North America, Continental Europe, Australia, and internationally. The company operates in two segments, Currency Management and Asset Management. It offers asset management services; derivatives, such as options, futures, cross-currency, and total-return swaps; fixed income instruments, including bonds and loans; and ancillary services including collateral management, and signal hedging and tactical execution services.

Record plc Fundamentals Summary

How do Record's earnings and revenue compare to its market cap?
REC fundamental statistics
Market capUK£107.33m
Earnings (TTM)UK£9.51m
Revenue (TTM)UK£45.02m

11.0x

P/E Ratio

2.3x

P/S Ratio

Is REC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
REC income statement (TTM)
RevenueUK£45.02m
Cost of RevenueUK£224.00k
Gross ProfitUK£44.80m
Other ExpensesUK£35.29m
EarningsUK£9.51m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.049
Gross Margin99.50%
Net Profit Margin21.12%
Debt/Equity Ratio0%

How did REC perform over the long term?

See historical performance and comparison

Dividends

9.5%

Current Dividend Yield

93%

Payout Ratio

Does REC pay a reliable dividends?

See REC dividend history and benchmarks
When do you need to buy REC by to receive an upcoming dividend?
Record dividend dates
Ex Dividend DateNov 28 2024
Dividend Pay DateDec 20 2024
Days until Ex dividend21 days
Days until Dividend pay date1 day

Does REC pay a reliable dividends?

See REC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 18:46
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 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

Record plc is covered by 5 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
Robert MurphyEdison Investment Research
Edward MorrisJ.P. Morgan
David McCannNumis Securities Ltd.