RM Future Growth

Future criteria checks 4/6

RM is forecast to grow earnings and revenue by 111.9% and 1.1% per annum respectively. EPS is expected to grow by 112% per annum. Return on equity is forecast to be 25.6% in 3 years.

Key information

111.9%

Earnings growth rate

112.0%

EPS growth rate

Software earnings growth	19.5%
Revenue growth rate	1.1%
Future return on equity	25.6%
Analyst coverage	Low
Last updated	03 May 2024

Recent future growth updates

Recent updates

Interested In RM's (LON:RM.) Upcoming UK£0.03 Dividend? You Have Three Days Left

Mar 14

RM plc (LON:RM.) Shares Could Be 22% Below Their Intrinsic Value Estimate

Mar 01

RM (LON:RM.) Has A Somewhat Strained Balance Sheet

Feb 11

Does RM's (LON:RM.) Share Price Gain of 28% Match Its Business Performance?

Jan 19

RM plc's (LON:RM.) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Dec 15

When Should You Buy RM plc (LON:RM.)?

Nov 24

Earnings and Revenue Growth Forecasts

LSE:RM. - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
11/30/2026	200	8	9	13	1
11/30/2025	191	5	5	10	1
11/30/2024	184	0	-2	4	1
11/30/2023	195	-43	-1	-10	N/A
8/31/2023	200	-28	-8	-17	N/A
5/31/2023	204	-13	-15	-23	N/A
2/28/2023	209	-15	-19	-22	N/A
11/30/2022	214	-16	-23	-21	N/A
5/31/2022	208	-6	-25	-14	N/A
2/28/2022	207	-2	-18	-5	N/A
11/30/2021	206	2	-11	5	N/A
8/31/2021	208	5	0	11	N/A
5/31/2021	206	8	10	22	N/A
2/28/2021	197	8	11	20	N/A
11/30/2020	189	8	13	19	N/A
8/31/2020	198	11	13	20	N/A
5/31/2020	208	14	14	19	N/A
2/29/2020	216	16	10	15	N/A
11/30/2019	224	19	6	12	N/A
8/31/2019	223	19	8	13	N/A
5/31/2019	222	18	10	14	N/A
2/28/2019	221	18	13	15	N/A
11/30/2018	221	17	15	16	N/A
8/31/2018	215	16	14	15	N/A
5/31/2018	209	15	12	14	N/A
2/28/2018	198	14	11	13	N/A
11/30/2017	186	13	10	12	N/A
8/31/2017	174	12	N/A	8	N/A
5/31/2017	162	11	N/A	4	N/A
2/28/2017	165	11	N/A	1	N/A
11/30/2016	168	12	N/A	-2	N/A
8/31/2016	171	12	N/A	-4	N/A
5/31/2016	175	12	N/A	-5	N/A
2/29/2016	177	14	N/A	1	N/A
11/30/2015	178	15	N/A	6	N/A
8/31/2015	184	14	N/A	8	N/A
5/31/2015	190	14	N/A	9	N/A
2/28/2015	196	13	N/A	7	N/A
11/30/2014	203	12	N/A	4	N/A
8/31/2014	219	10	N/A	5	N/A
5/31/2014	235	8	N/A	6	N/A
2/28/2014	248	7	N/A	17	N/A
11/30/2013	262	6	N/A	28	N/A
8/31/2013	272	7	N/A	30	N/A
5/31/2013	283	7	N/A	32	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RM. is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.8%).

Earnings vs Market: RM. is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: RM. is expected to become profitable in the next 3 years.

Revenue vs Market: RM.'s revenue (1.1% per year) is forecast to grow slower than the UK market (3.7% per year).

High Growth Revenue: RM.'s revenue (1.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RM.'s Return on Equity is forecast to be high in 3 years time (25.6%)

RM Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

RM plc Provides Earnings Guidance for the Year Ended 30 November 2023

Price target decreased to UK£0.53

Price target decreased to UK£2.03

Price target decreased to UK£2.63

Price target decreased to UK£2.63

Analysts update estimates

Recent updates

Is RM (LON:RM.) Weighed On By Its Debt Load?

New minor risk - Share price stability

RM plc (LON:RM.) Surges 32% Yet Its Low P/S Is No Reason For Excitement

Full year 2023 earnings released: UK£0.52 loss per share (vs UK£0.19 loss in FY 2022)

RM plc, Annual General Meeting, May 09, 2024

RM plc to Report Fiscal Year 2023 Results on Mar 14, 2024

Less than half of directors are independent

RM plc Provides Earnings Guidance for the Year Ended 30 November 2023

RM plc Announces Closure of the Consortium Business Part of the RM Resources Division

RM plc Announces Closure of the Consortium Business Part of the RM Resources Division

Does RM (LON:RM.) Have A Healthy Balance Sheet?

RM plc Announces Executive Changes

First half 2023 earnings released: UK£0.041 loss per share (vs UK£0.071 loss in 1H 2022)

New major risk - Revenue and earnings growth

RM plc Announces Board changes

RM plc to Report First Half, 2023 Results on Aug 09, 2023

Rm plc Announces Executive Changes

Full year 2022 earnings: EPS exceeds analyst expectations

RM plc Announces Chief Executive Officer Changes

Less than half of directors are independent

RM plc Announces Board Succession Planning

Price target decreased to UK£0.53

An Intrinsic Calculation For RM plc (LON:RM.) Suggests It's 31% Undervalued

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to UK£2.03

RM plc to Report First Half, 2022 Results on Aug 23, 2022

RM plc Announces CFO Changes

Is Now The Time To Look At Buying RM plc (LON:RM.)?

RM plc(LSE:RM.) dropped from FTSE All-Share Index (GBP)

Investor sentiment deteriorated over the past week

RM plc Announces Mark Berry to Step Down as Chief Financial Officer

Investor sentiment improved over the past week

Price target decreased to UK£2.63

High number of new directors

Is It Too Late To Consider Buying RM plc (LON:RM.)?

High number of new directors

Price target decreased to UK£2.63

Upcoming dividend of UK£0.03 per share

RM (LON:RM.) Has Announced A Dividend Of UK£0.03

RM plc Proposes 2021 Final Dividend, Payable on April 29, 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

RM plc, Annual General Meeting, Apr 07, 2022

Now 20% undervalued after recent price drop

RM plc to Report Fiscal Year 2021 Results on Feb 15, 2022

Upcoming dividend of UK£0.017 per share

First half 2021 earnings released: EPS UK£0.057 (vs UK£0.018 in 1H 2020)

Is RM (LON:RM.) Using Too Much Debt?

Is Now An Opportune Moment To Examine RM plc (LON:RM.)?

Executive Director has left the company

CEO & Executive Director exercised options and sold UK£53k worth of stock

Interested In RM's (LON:RM.) Upcoming UK£0.03 Dividend? You Have Three Days Left

Full year 2020 earnings released: EPS UK£0.10 (vs UK£0.23 in FY 2019)

Revenue beats expectations, earnings disappoint

Upcoming Dividend of UK£0.03 Per Share

RM plc (LON:RM.) Shares Could Be 22% Below Their Intrinsic Value Estimate

RM plc Announces Executive Changes, Effective 1 March 2021

CEO & Executive Director exercised options and sold UK£169k worth of stock

Analysts update estimates

RM (LON:RM.) Has A Somewhat Strained Balance Sheet

Full year 2020 earnings released: EPS UK£0.10 (vs UK£0.23 in FY 2019)

Revenue beats expectations, earnings disappoint

RM plc, Annual General Meeting, Apr 08, 2021

RM plc to Report Fiscal Year 2020 Results on Feb 09, 2021

Does RM's (LON:RM.) Share Price Gain of 28% Match Its Business Performance?

RM plc's (LON:RM.) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Market bids up stock over the past week

Market bids up stock over the past week

Analysts increase EPS estimates to UK£0.10