How does RCHL's PE Ratio compare to its peers?

RCHL is good value based on its Price-To-Earnings Ratio (6.8x) compared to the peer average (13.5x).

How does RCHL's PE Ratio compare vs other companies in the GB Media Industry?

RCHL is good value based on its Price-To-Earnings Ratio (6.8x) compared to the European Media industry average (12.4x).

What is RCHL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RCHL is good value based on its Price-To-Earnings Ratio (6.8x) compared to the estimated Fair Price-To-Earnings Ratio (20.1x).

What is the Fair Price of RCHL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

RCHL (£0.89) is trading above our estimate of [[fair value]] (£0.38)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Reach (BATS-CHIXE:RCHL) - Stock Price, News & Analysis

RCHL Stock Overview

Operates as a national and regional commercial news publisher in the United Kingdom and Ireland. More details

RCHL fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	2/6
Financial Health	4/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (6.8x) is below the UK market (16.3x)

Earnings are forecast to grow 17.79% per year

Trading at good value compared to peers and industry

Risk Analysis

Large one-off items impacting financial results

Dividend of 8.22% is not well covered by free cash flows

Reach plc Competitors

Bloomsbury Publishing

LSE:BMY

UK£542.1m

Future

LSE:FUTR

UK£986.7m

Centaur Media

LSE:CAU

UK£33.6m

M&C Saatchi

AIM:SAA

UK£232.3m

Price History & Performance

Summary of all time highs, changes and price drops for Reach
Historical stock prices
Current Share Price	UK£0.89
52 Week High	UK£1.13
52 Week Low	UK£0.59
Beta	0.98
11 Month Change	-3.57%
3 Month Change	-10.80%
1 Year Change	25.11%
33 Year Change	-64.46%
5 Year Change	-12.74%
Change since IPO	186.20%

Recent updates

Shareholder Returns

	RCHL	GB Media	GB Market
7D	2.2%	3.5%	1.7%
1Y	25.1%	12.5%	9.0%

Return vs Industry: RCHL exceeded the UK Media industry which returned 12.2% over the past year.

Return vs Market: RCHL exceeded the UK Market which returned 9% over the past year.

Price Volatility

Is RCHL's price volatile compared to industry and market?
RCHL volatility
RCHL Average Weekly Movement	3.6%
Media Industry Average Movement	5.3%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.4%
10% least volatile stocks in GB Market	2.6%

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

Volatility Over Time: RCHL's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1904	3,706	Jim Mullen	www.reachplc.com

Reach plc operates as a national and regional commercial news publisher in the United Kingdom and Ireland. The company has various national and regional brands across print and online, including Mirror, Express, Daily Star, Daily Record, Manchester Evening News, Liverpool Echo, Irish Star, OK! magazine, WalesOnline, MyLondon, and Curiously, as well as HullLive, edinburghlive, LeicestershireLive, CorkBeo, ChronicleLive, ECHO, TeessideLive, DevonLive, YorkshireLive, football.london, BirminghamLive, new, BristolLive, and Belfastlive.

Reach plc Fundamentals Summary

How do Reach's earnings and revenue compare to its market cap?
RCHL fundamental statistics
Market cap	UK£281.46m
Earnings (TTM)	UK£41.50m
Revenue (TTM)	UK£554.20m

6.8x

P/E Ratio

0.5x

P/S Ratio

Is RCHL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RCHL income statement (TTM)
Revenue	UK£554.20m
Cost of Revenue	UK£320.30m
Gross Profit	UK£233.90m
Other Expenses	UK£192.40m
Earnings	UK£41.50m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Mar 04, 2025

Earnings per share (EPS)	0.13
Gross Margin	42.21%
Net Profit Margin	7.49%
Debt/Equity Ratio	3.7%

How did RCHL perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

56%

Payout Ratio

RCHL Stock Overview

Rewards

Risk Analysis

Reach plc Competitors

LSE:BMY

UK£542.1m

LSE:FUTR

UK£986.7m

LSE:CAU

UK£33.6m

AIM:SAA

UK£232.3m

Price History & Performance

Recent News & Updates

Reach plc to Report Fiscal Year 2024 Results on Mar 04, 2025

Reach plc Provides Earnings Guidance for the Year 2024

Reach plc to Report First Half, 2024 Results on Jul 30, 2024

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: UK£0.068 (vs UK£0.17 in FY 2022)

Reach plc, Annual General Meeting, May 02, 2024

Recent updates

Reach plc to Report Fiscal Year 2024 Results on Mar 04, 2025

Reach plc Provides Earnings Guidance for the Year 2024

Reach plc to Report First Half, 2024 Results on Jul 30, 2024

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: UK£0.068 (vs UK£0.17 in FY 2022)

Reach plc, Annual General Meeting, May 02, 2024

Reach plc Provides Earnings Guidance for the Year 2023

Reach plc to Report Fiscal Year 2023 Results on Mar 05, 2024

Upcoming dividend of UK£0.029 per share at 8.9% yield

First half 2023 earnings released: EPS: UK£0.015 (vs UK£0.081 in 1H 2022)

Reach plc Approves Interim Dividend for 2023, Payable on 22 September 2023

New minor risk - Earnings quality

Upcoming dividend of UK£0.045 per share at 8.8% yield

Full year 2022 earnings released: EPS: UK£0.17 (vs UK£0.009 in FY 2021)

High number of new directors

Investor sentiment improves as stock rises 15%

Reach plc Provides Earnings Guidance for the Fiscal Year 2022

Darren Fisher to Join as Chief Financial Officer of Reach Plc, Effective from 1 February 2023

Investor sentiment improved over the past week

CEO & Executive Director recently sold UK£142k worth of stock

Reach plc Announces Director Changes, Effective December 31, 2022

Reach plc to Report Fiscal Year 2022 Results on Mar 07, 2023

CFO & Director recently bought UK£55k worth of stock

National World Drops Plans to Buy Reach plc

Investor sentiment improved over the past week

Reach plc Announces Management Changes

Upcoming dividend of UK£0.029 per share

First half 2022 earnings released

Reach plc Announces Board Changes

Reach plc to Report Q2, 2022 Results on Jul 26, 2022

CEO & Executive Director recently bought UK£99k worth of stock

Upcoming dividend of UK£0.045 per share

Reach plc Provides Group Revenue Guidance for 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Reach plc Proposes Final Dividend for 2021, Payable on 10 June 2022

Reach plc, Annual General Meeting, May 05, 2022

Upcoming dividend of UK£0.028 per share

First half 2021 earnings released: UK£0.11 loss per share (vs UK£0.008 loss in 1H 2020)

An unknown buyer acquired an unknown stake in Reach plc (LSE:RCH) from Richard Desmond for £63 million.

Reach plc Provides Earnings Guidance for the Year 2021

Upcoming dividend of UK£0.043 per share

Full year 2020 earnings released: UK£0.086 loss per share (vs UK£0.30 profit in FY 2019)

Revenue beats expectations

Reach plc Announces Executive Changes

Full year 2020 earnings released: UK£0.086 loss per share (vs UK£0.30 profit in FY 2019)

New 90-day high: UK£2.46

Investor sentiment improved over the past week

New 90-day high: UK£2.09

Reach plc to Report First Half, 2021 Results on Jul 26, 2021

Investor sentiment improved over the past week

New 90-day high: UK£1.77

Reach plc to Report Fiscal Year 2020 Results on Mar 01, 2021

STV, Reach plc and TSB Agree Ad-Funded Partnership

Shareholder Returns

Price Volatility

About the Company

Reach plc Fundamentals Summary

6.8x

0.5x