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Reach plcLSE:RCH Stock Report

Market Cap UK£168.8m
Share Price
UK£0.54
UK£1.48
63.8% undervalued intrinsic discount
1Y-26.2%
7D-0.4%
1D
Portfolio Value
View

Reach plc

LSE:RCH Stock Report

Market Cap: UK£168.8m

Reach (RCH) Stock Overview

Operates as a commercial news publisher in the United Kingdom, the rest of Europe, and internationally. More details

RCH fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends3/6

RCH Community Fair Values

Create Narrative

See what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.

Reach plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Reach
Historical stock prices
Current Share PriceUK£0.54
52 Week HighUK£0.81
52 Week LowUK£0.49
Beta1.32
1 Month Change4.29%
3 Month Change-13.15%
1 Year Change-26.21%
3 Year Change-27.85%
5 Year Change-80.00%
Change since IPO-76.26%

Recent News & Updates

Narrative Update Jun 02

RCH: Higher Margins And Low Future P E Will Drive Upside Potential

Analysts have trimmed their fair value P/E assumption for Reach from 2.89x to 2.78x, with a slightly lower discount rate and a modestly higher profit margin outlook supporting a small reduction in their implied pound price target. What's in the News No recent news stories, periodical coverage, or key developments for Reach were provided in the available sources.
Narrative Update May 07

RCH: Higher Margins And Low Future P E Will Drive Upside Potential

Analysts have held Reach's fair value target steady at £0.64 per share. They cite slightly higher assumed discount rates, a small change in expected revenue decline, a modestly stronger profit margin outlook and a marginally lower future P/E of about 2.89x as key inputs to their valuation work.
Narrative Update Apr 23

RCH: Softer Revenue Outlook And Higher Margins Will Shape Future Upside Potential

Analysts have nudged their price target on Reach slightly lower to £0.64, reflecting updated assumptions that include marginally softer revenue growth projections, a slightly adjusted discount rate, and a modestly higher profit margin outlook paired with a small adjustment to the future P/E multiple. Valuation Changes Fair Value: unchanged at £0.64 per share.
Narrative Update Apr 07

RCH: Softer Revenue And Higher Margins Will Shape Future Upside Potential

Analysts have trimmed their price target on Reach, reflecting a slightly lower fair value estimate of £0.64 from £0.68 as they factor in softer revenue expectations, offset by higher profit margins and a lower assumed future P/E multiple. Valuation Changes Fair Value: Trimmed from £0.68 to £0.64, a small reduction in the analyst fair value estimate.

Recent updates

Narrative Update Jun 02

RCH: Higher Margins And Low Future P E Will Drive Upside Potential

Analysts have trimmed their fair value P/E assumption for Reach from 2.89x to 2.78x, with a slightly lower discount rate and a modestly higher profit margin outlook supporting a small reduction in their implied pound price target. What's in the News No recent news stories, periodical coverage, or key developments for Reach were provided in the available sources.
Narrative Update May 07

RCH: Higher Margins And Low Future P E Will Drive Upside Potential

Analysts have held Reach's fair value target steady at £0.64 per share. They cite slightly higher assumed discount rates, a small change in expected revenue decline, a modestly stronger profit margin outlook and a marginally lower future P/E of about 2.89x as key inputs to their valuation work.
Narrative Update Apr 23

RCH: Softer Revenue Outlook And Higher Margins Will Shape Future Upside Potential

Analysts have nudged their price target on Reach slightly lower to £0.64, reflecting updated assumptions that include marginally softer revenue growth projections, a slightly adjusted discount rate, and a modestly higher profit margin outlook paired with a small adjustment to the future P/E multiple. Valuation Changes Fair Value: unchanged at £0.64 per share.
Narrative Update Apr 07

RCH: Softer Revenue And Higher Margins Will Shape Future Upside Potential

Analysts have trimmed their price target on Reach, reflecting a slightly lower fair value estimate of £0.64 from £0.68 as they factor in softer revenue expectations, offset by higher profit margins and a lower assumed future P/E multiple. Valuation Changes Fair Value: Trimmed from £0.68 to £0.64, a small reduction in the analyst fair value estimate.
Narrative Update Mar 23

RCH: Firmer Margins And Lower Discount Rate Will Support Future Upside

Analysts have kept their £1.75 price target for Reach unchanged, citing slightly firmer margin and P/E assumptions that are largely offset by a modestly softer revenue growth outlook. Valuation Changes Fair Value: £1.75 remains unchanged, indicating no adjustment to the central valuation anchor.
Narrative Update Mar 09

RCH: Moderating Revenue Declines Will Support A More Optimistic Outlook

Analysts have trimmed their fair value estimate for Reach from £2.00 to £1.75, pointing to slightly higher discount rates, softer profit margin assumptions and a lower future P/E multiple, partly offset by a less steep expected revenue decline. Valuation Changes Fair Value: trimmed from £2.00 to £1.75, a modest reduction in the central valuation point.
Narrative Update Feb 23

RCH: Future Earnings Power Will Offset Softer Revenue Outlook

Analysts have trimmed their price target on Reach from £1.64 to about £1.48, citing updated assumptions that include slightly higher discount rates, softer revenue growth expectations, modestly stronger profit margins and a lower projected future P/E multiple. Valuation Changes Fair Value: Trimmed from £1.64 to about £1.48, representing a modest reduction in the central valuation estimate.
Narrative Update Feb 09

RCH: Future Profit Margins Will Support A More Optimistic Outlook

Analysts have nudged their price target on Reach slightly higher to £2.00, reflecting small refinements to the discount rate, revenue growth expectations, profit margin assumptions, and forward P/E that leave their overall valuation view essentially unchanged. Valuation Changes Fair Value: Kept unchanged at £2.00 per share, indicating no shift in the overall target valuation figure.
Narrative Update Jan 26

RCH: Future Profit Margins Will Support A More Optimistic Outlook

Analysts have lowered their price target on Reach from £2.31 to £2.00, citing assumptions of a steeper revenue decline, a slightly higher discount rate and a lower future P/E, partly offset by expectations for stronger profit margins. Valuation Changes Fair Value: The price target was reduced from £2.31 to £2.00, a modest cut to the implied valuation.
Narrative Update Jan 11

RCH: Cost Savings And Resilient Print Will Support Future Upside

Analysts have maintained their price target for Reach at £0.68, noting only minor changes to assumptions on discount rate, revenue trajectory and profit margins, which they believe offset each other at this stage. What's in the News Reach set earnings guidance for 2025, highlighting three key priorities and stating that management remains confident about the company’s future (Key Developments).
Narrative Update Dec 27

RCH: Cost Discipline And Resilient Print Will Drive Future Upside

Analysts have nudged their price target for Reach slightly higher to align with a modestly improved profit margin outlook and stable valuation multiples, while overall fair value remains steady. What's in the News Issued 2025 earnings guidance, expressing confidence in future performance supported by three strategic priorities (company guidance) Profit expectations supported by resilient print operations and disciplined cost management, with a target of 4% to 5% cost savings for the year (company guidance) Expects full year digital revenues to be broadly flat year over year amid volatile referral volumes and a weak macroeconomic backdrop (company guidance) Reaffirmed confidence in meeting market expectations for full year 2025 results (company guidance) Valuation Changes Fair value is unchanged at £0.68 per share, indicating a stable overall valuation assessment.
Narrative Update Dec 12

RCH: Cost Savings And Resilient Print Operations Will Support Future Upside

Analysts have trimmed their price target on Reach from £0.79 to £0.68, reflecting slightly weaker revenue growth expectations, offset in part by modestly improved profit margin forecasts and a lower anticipated future P E multiple. What's in the News Issued 2025 earnings guidance, highlighting confidence in delivering market expectations supported by resilient print operations and disciplined cost management (company guidance) Reaffirmed a 4% to 5% cost savings target for the year, indicating ongoing focus on efficiency and margin protection (company guidance) Forecasts full year 2025 digital revenues to be broadly flat year on year, citing volatility in referral volumes and a weak macroeconomic environment (company guidance) Outlined three strategic priorities for the business and noted encouraging progress against these, underpinning medium term confidence (company guidance) Valuation Changes The fair value estimate has fallen from £0.79 to £0.68, representing a material downward revision in the implied upside.
Analysis Article Nov 08

Why Reach plc (LON:RCH) Could Be Worth Watching

While Reach plc ( LON:RCH ) might not have the largest market cap around , it received a lot of attention from a...
Analysis Article Mar 25

Why Reach's (LON:RCH) Earnings Are Better Than They Seem

Despite posting healthy earnings, Reach plc's ( LON:RCH ) stock has been quite weak. Along with the solid headline...
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New Narrative Mar 11

Data-Driven Strategy And US Growth Will Boost Future Prospects

Reach's transition to a resilient digital business with data-driven revenue will boost growth, as it is significantly more valuable than traditional advertising.
Analysis Article Jan 09

Why Reach plc (LON:RCH) Could Be Worth Watching

While Reach plc ( LON:RCH ) might not have the largest market cap around , it saw significant share price movement...
Analysis Article Jun 27

A Piece Of The Puzzle Missing From Reach plc's (LON:RCH) 25% Share Price Climb

Reach plc ( LON:RCH ) shareholders have had their patience rewarded with a 25% share price jump in the last month...
Analysis Article Jun 06

An Intrinsic Calculation For Reach plc (LON:RCH) Suggests It's 20% Undervalued

Key Insights The projected fair value for Reach is UK£1.15 based on 2 Stage Free Cash Flow to Equity Reach is estimated...
Analysis Article Apr 30

Reach's (LON:RCH) Dividend Will Be £0.0446

Reach plc ( LON:RCH ) has announced that it will pay a dividend of £0.0446 per share on the 31st of May. The dividend...
Analysis Article Apr 26

Shareholders Will Probably Not Have Any Issues With Reach plc's (LON:RCH) CEO Compensation

Key Insights Reach to hold its Annual General Meeting on 2nd of May CEO Jim Mullen's total compensation includes salary...
Analysis Article Mar 29

Reach (LON:RCH) Is Paying Out A Dividend Of £0.0446

The board of Reach plc ( LON:RCH ) has announced that it will pay a dividend on the 31st of May, with investors...
Analysis Article Mar 26

Investors Can Find Comfort In Reach's (LON:RCH) Earnings Quality

Reach plc's ( LON:RCH ) recent soft profit numbers didn't appear to worry shareholders, as the stock price showed...
Analysis Article Mar 14

Reach (LON:RCH) Is Paying Out A Dividend Of £0.0446

Reach plc ( LON:RCH ) has announced that it will pay a dividend of £0.0446 per share on the 31st of May. This makes the...
Analysis Article Mar 08

Earnings Miss: Reach plc Missed EPS By 51% And Analysts Are Revising Their Forecasts

The investors in Reach plc 's ( LON:RCH ) will be rubbing their hands together with glee today, after the share price...
Analysis Article Dec 21

What Does Reach plc's (LON:RCH) Share Price Indicate?

Reach plc ( LON:RCH ), is not the largest company out there, but it saw a double-digit share price rise of over 10% in...
Analysis Article Oct 19

Reach plc (LON:RCH) Shares Could Be 31% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for Reach is UK£1.08 based on Dividend Discount Model Current share price of...
Analysis Article Jul 28

Reach (LON:RCH) Has Affirmed Its Dividend Of £0.0288

Reach plc's ( LON:RCH ) investors are due to receive a payment of £0.0288 per share on 22nd of September. This means...
Analysis Article Jul 26

Should You Think About Buying Reach plc (LON:RCH) Now?

While Reach plc ( LON:RCH ) might not be the most widely known stock at the moment, it led the LSE gainers with a...

Shareholder Returns

RCHGB MediaGB Market
7D-0.4%-0.3%-0.1%
1Y-26.2%-9.9%16.7%

Return vs Industry: RCH underperformed the UK Media industry which returned -9.9% over the past year.

Return vs Market: RCH underperformed the UK Market which returned 16.7% over the past year.

Price Volatility

Is RCH's price volatile compared to industry and market?
RCH volatility
RCH Average Weekly Movement5.3%
Media Industry Average Movement5.3%
Market Average Movement5.6%
10% most volatile stocks in GB Market11.6%
10% least volatile stocks in GB Market3.1%

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

Volatility Over Time: RCH's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19043,104Piers Northwww.reachplc.com

Reach plc operates as a commercial news publisher in the United Kingdom, the rest of Europe, and internationally. The company offers newspapers and magazines through wholesalers under the Mirror, Express, Daily Star, Daily Record, Manchester Evening News, Liverpool Echo, Irish Star, OK! magazine, WalesOnline, MyLondon, Curiously, BirminghamLive, BelfastLive, and other brands.

Reach plc Fundamentals Summary

How do Reach's earnings and revenue compare to its market cap?
RCH fundamental statistics
Market capUK£168.80m
Earnings (TTM)-UK£132.30m
Revenue (TTM)UK£518.40m
0.3x
P/S Ratio
-1.3x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RCH income statement (TTM)
RevenueUK£518.40m
Cost of RevenueUK£300.20m
Gross ProfitUK£218.20m
Other ExpensesUK£350.50m
Earnings-UK£132.30m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Jul 22, 2026

Earnings per share (EPS)-0.42
Gross Margin42.09%
Net Profit Margin-25.52%
Debt/Equity Ratio8.5%

How did RCH perform over the long term?

See historical performance and comparison

Dividends

13.7%
Current Dividend Yield
-18%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 05:06
End of Day Share Price 2026/06/05 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Reach plc is covered by 12 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
JULIEN ROCHBarclays
Nicholas Michael DempseyBarclays
Siddharth KariwalaBofA Global Research