Real Estate Credit Investments Limited

LSE:RECI Stock Report

Market Cap: UK£278.5m

Real Estate Credit Investments Past Earnings Performance

Past criteria checks 2/6

Real Estate Credit Investments has been growing earnings at an average annual rate of 20.1%, while the Diversified Financial industry saw earnings growing at 24% annually. Revenues have been growing at an average rate of 18% per year. Real Estate Credit Investments's return on equity is 6%, and it has net margins of 66.2%.

Key information

20.1%

Earnings growth rate

18.4%

EPS growth rate

Diversified Financial Industry Growth14.3%
Revenue growth rate18.0%
Return on equity6.0%
Net Margin66.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Real Estate Credit Investments makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

LSE:RECI Revenue, expenses and earnings (GBP Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24291970
30 Jun 24302160
31 Mar 24312260
31 Dec 23352460
30 Sep 23382660
30 Jun 23362360
31 Mar 23332160
31 Dec 22312160
30 Sep 22292160
30 Jun 22312360
31 Mar 22322560
31 Dec 21383060
30 Sep 21443660
30 Jun 21453760
31 Mar 21453760
31 Dec 20201260
30 Sep 20-5-1360
30 Jun 20-7-1560
31 Mar 20-9-1760
31 Dec 1910260
30 Sep 19292250
30 Jun 19272150
31 Mar 19251950
31 Dec 18241840
30 Sep 18221740
30 Jun 18211640
31 Mar 18211540
31 Dec 17191330
30 Sep 17181130
30 Jun 17171030
31 Mar 1716930
31 Dec 1616930
30 Sep 1615930
30 Jun 1615930
31 Mar 1615930
31 Dec 1516930
30 Sep 15171030
30 Jun 15261840
31 Mar 15352650
31 Dec 14342650
30 Sep 14332540
30 Jun 14241640
31 Mar 1415830
31 Dec 13221440

Quality Earnings: RECI has high quality earnings.

Growing Profit Margin: RECI's current net profit margins (66.2%) are lower than last year (67.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: RECI's earnings have grown significantly by 20.1% per year over the past 5 years.

Accelerating Growth: RECI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RECI had negative earnings growth (-25.8%) over the past year, making it difficult to compare to the Diversified Financial industry average (10.8%).


Return on Equity

High ROE: RECI's Return on Equity (6%) is considered low.


Return on Assets


Return on Capital Employed

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 17:33
End of Day Share Price 2024/12/24 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

Real Estate Credit Investments Limited is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael FosterHardman & Co.
Mark ThomasHardman & Co.
Conor FinnPanmure Liberum