Reach Future Growth
Future criteria checks 3/6
Reach's revenue is forecast to decline at 5% per annum while its annual earnings are expected to grow at 69.5% per year. EPS is expected to grow by 109.9% per annum. Return on equity is forecast to be 13.2% in 3 years.
Key information
69.5%
Earnings growth rate
109.91%
EPS growth rate
| Media earnings growth | 31.1% |
| Revenue growth rate | -5.0% |
| Future return on equity | 13.18% |
| Analyst coverage | Low |
| Last updated | 04 Jun 2026 |
Recent future growth updates
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...
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...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 447 | 74 | 41 | N/A | 2 |
| 12/31/2027 | 464 | 74 | 22 | N/A | 2 |
| 12/31/2026 | 483 | 75 | -22 | N/A | 1 |
| 12/31/2025 | 518 | -132 | 8 | 22 | N/A |
| 9/30/2025 | 524 | -41 | 12 | 25 | N/A |
| 6/30/2025 | 530 | 50 | 15 | 28 | N/A |
| 3/31/2025 | 534 | 52 | 15 | 27 | N/A |
| 12/31/2024 | 539 | 54 | 14 | 26 | N/A |
| 9/30/2024 | 546 | 48 | 12 | 25 | N/A |
| 6/30/2024 | 554 | 42 | 10 | 24 | N/A |
| 3/31/2024 | 561 | 32 | 5 | 20 | N/A |
| 12/31/2023 | 569 | 22 | 0 | 16 | N/A |
| 9/30/2023 | 576 | 27 | -7 | 9 | N/A |
| 6/25/2023 | 583 | 32 | -13 | 2 | N/A |
| 3/25/2023 | 592 | 42 | -3 | 11 | N/A |
| 12/25/2022 | 601 | 52 | 6 | 20 | N/A |
| 9/25/2022 | 606 | 58 | 23 | 38 | N/A |
| 6/26/2022 | 611 | 63 | 39 | 56 | N/A |
| 3/26/2022 | 613 | 33 | 55 | 70 | N/A |
| 12/26/2021 | 616 | 3 | 72 | 84 | N/A |
| 9/26/2021 | 614 | -28 | 62 | 70 | N/A |
| 6/27/2021 | 612 | -59 | 52 | 55 | N/A |
| 3/27/2021 | 606 | -43 | 52 | 54 | N/A |
| 12/27/2020 | 600 | -27 | 51 | 53 | N/A |
| 9/27/2020 | 620 | 9 | 70 | 73 | N/A |
| 6/28/2020 | 641 | 45 | 89 | 93 | N/A |
| 3/28/2020 | 672 | 70 | 86 | 90 | N/A |
| 12/29/2019 | 703 | 94 | N/A | 87 | N/A |
| 9/29/2019 | 713 | 67 | N/A | 88 | N/A |
| 6/30/2019 | 723 | 41 | N/A | 88 | N/A |
| 3/31/2019 | 723 | -40 | N/A | 62 | N/A |
| 12/30/2018 | 724 | -120 | N/A | 35 | N/A |
| 9/30/2018 | 690 | -99 | N/A | 26 | N/A |
| 7/1/2018 | 657 | -79 | N/A | 17 | N/A |
| 4/1/2018 | 640 | -8 | N/A | 36 | N/A |
| 12/31/2017 | 623 | 63 | N/A | 54 | N/A |
| 9/30/2017 | 641 | 63 | N/A | 49 | N/A |
| 7/2/2017 | 658 | 63 | N/A | 45 | N/A |
| 4/2/2017 | 686 | 66 | N/A | 62 | N/A |
| 1/1/2017 | 713 | 70 | N/A | 79 | N/A |
| 10/1/2016 | 696 | 86 | N/A | 78 | N/A |
| 7/3/2016 | 679 | 103 | N/A | 77 | N/A |
| 4/3/2016 | 636 | 90 | N/A | 65 | N/A |
| 12/27/2015 | 593 | 77 | N/A | 53 | N/A |
| 9/27/2015 | 597 | 56 | N/A | 57 | N/A |
| 6/28/2015 | 601 | 34 | N/A | 61 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RCH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.4%).
Earnings vs Market: RCH is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RCH is expected to become profitable in the next 3 years.
Revenue vs Market: RCH's revenue is expected to decline over the next 3 years (-5% per year).
High Growth Revenue: RCH's revenue is forecast to decline over the next 3 years (-5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RCH's Return on Equity is forecast to be low in 3 years time (13.2%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/09 05:36 |
| End of Day Share Price | 2026/06/09 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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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.
| Analyst | Institution |
|---|---|
| JULIEN ROCH | Barclays |
| Nicholas Michael Dempsey | Barclays |
| Siddharth Kariwala | BofA Global Research |