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RTC Group

AIM:RTC
Snowflake Description

Undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RTC
AIM
£6M
Market Cap
  1. Home
  2. GB
  3. Commercial Services
Company description

RTC Group PLC, through its subsidiaries, provides recruitment services in the United Kingdom and internationally. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
  • RTC Group has significant price volatility in the past 3 months.
RTC Share Price and Events
7 Day Returns
-17.9%
AIM:RTC
-8.8%
GB Professional Services
-5.4%
GB Market
1 Year Returns
-32.8%
AIM:RTC
-4.7%
GB Professional Services
-25.2%
GB Market
RTC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
RTC Group (RTC) -17.9% -41.4% -35% -32.8% -23.5% -45.1%
GB Professional Services -8.8% -18.4% -18.3% -4.7% 10% 42.9%
GB Market -5.4% -20.6% -29.1% -25.2% -25.9% -25.1%
1 Year Return vs Industry and Market
  • RTC underperformed the Professional Services industry which returned -4.7% over the past year.
  • RTC underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -25.2% over the past year.
Price Volatility
RTC
Industry
5yr Volatility vs Market

RTC Value

 Is RTC Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of RTC Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for RTC Group.

AIM:RTC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.8%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:RTC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.78
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.777 (1 + (1- 19%) (120.54%))
1.359
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.36
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.359 * 6.07%)
8.78%

Discounted Cash Flow Calculation for AIM:RTC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for RTC Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

AIM:RTC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 8.78%)
2020 4.28 Est @ 76.29% 3.94
2021 6.58 Est @ 53.56% 5.56
2022 9.05 Est @ 37.65% 7.03
2023 11.45 Est @ 26.51% 8.18
2024 13.60 Est @ 18.72% 8.93
2025 15.40 Est @ 13.26% 9.30
2026 16.86 Est @ 9.44% 9.35
2027 18.00 Est @ 6.77% 9.18
2028 18.88 Est @ 4.9% 8.85
2029 19.56 Est @ 3.59% 8.43
Present value of next 10 years cash flows £78.00
AIM:RTC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £19.56 × (1 + 0.53%) ÷ (8.78% – 0.53%)
£238.37
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £238.37 ÷ (1 + 8.78%)10
£102.77
AIM:RTC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £78.00 + £102.77
£180.77
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £180.77 / 14.27
£12.67
AIM:RTC Discount to Share Price
Calculation Result
Value per share (GBP) From above. £12.67
Current discount Discount to share price of £0.39
= -1 x (£0.39 - £12.67) / £12.67
96.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price RTC Group is available for.
Intrinsic value
>50%
Share price is £0.39 vs Future cash flow value of £12.67
Current Discount Checks
For RTC Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • RTC Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • RTC Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for RTC Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are RTC Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:RTC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in GBP £0.10
AIM:RTC Share Price ** AIM (2020-04-02) in GBP £0.39
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PE Ratio Median Figure of 30 Publicly-Listed Professional Services Companies 15.31x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of RTC Group.

AIM:RTC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:RTC Share Price ÷ EPS (both in GBP)

= 0.39 ÷ 0.10

4.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RTC Group is good value based on earnings compared to the GB Professional Services industry average.
  • RTC Group is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does RTC Group's expected growth come at a high price?
Raw Data
AIM:RTC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PEG Ratio Median Figure of 19 Publicly-Listed Professional Services Companies 1.06x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 518 Publicly-Listed Companies 0.97x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for RTC Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on RTC Group's assets?
Raw Data
AIM:RTC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in GBP £0.44
AIM:RTC Share Price * AIM (2020-04-02) in GBP £0.39
United Kingdom of Great Britain and Northern Ireland Professional Services Industry PB Ratio Median Figure of 42 Publicly-Listed Professional Services Companies 2.19x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.07x
AIM:RTC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:RTC Share Price ÷ Book Value per Share (both in GBP)

= 0.39 ÷ 0.44

0.89x

* Primary Listing of RTC Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RTC Group is good value based on assets compared to the GB Professional Services industry average.
X
Value checks
We assess RTC Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. RTC Group has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RTC Future Performance

 How is RTC Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as RTC Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.1%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is RTC Group expected to grow at an attractive rate?
  • Unable to compare RTC Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare RTC Group's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare RTC Group's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:RTC Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 8.1%
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.3%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:RTC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:RTC Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-12-31 95 3 1
2019-09-30 94 3 1
2019-06-30 93 3 1
2019-03-31 90 2 1
2018-12-31 88 1 1
2018-09-30 83 0 1
2018-06-30 78 -1 1
2018-03-31 75 0 1
2017-12-31 72 0 1
2017-09-30 70 1 1
2017-06-30 69 1 1
2017-03-31 68 1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if RTC Group is high growth as no earnings estimate data is available.
  • Unable to determine if RTC Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:RTC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from RTC Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:RTC Past Financials Data
Date (Data in GBP Millions) EPS *
2019-12-31 0.10
2019-09-30 0.10
2019-06-30 0.10
2019-03-31 0.10
2018-12-31 0.10
2018-09-30 0.09
2018-06-30 0.08
2018-03-31 0.07
2017-12-31 0.07
2017-09-30 0.07
2017-06-30 0.07
2017-03-31 0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if RTC Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether RTC Group is trading at RTC Group'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. RTC Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. RTC Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess RTC Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
RTC Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RTC Past Performance

  How has RTC Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare RTC Group's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • RTC Group's year on year earnings growth rate has been positive over the past 5 years.
  • RTC Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • RTC Group's 1-year earnings growth is negative, it can't be compared to the GB Professional Services industry average.
Earnings and Revenue History
RTC Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from RTC Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:RTC Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 94.95 1.37 11.82
2019-09-30 93.81 1.37 11.75
2019-06-30 92.66 1.37 11.69
2019-03-31 90.24 1.40 11.60
2018-12-31 87.81 1.44 11.51
2018-09-30 82.75 1.27 11.15
2018-06-30 77.69 1.11 10.79
2018-03-31 74.69 1.05 10.56
2017-12-31 71.69 0.98 10.33
2017-09-30 70.33 0.95 10.36
2017-06-30 68.97 0.91 10.39
2017-03-31 68.43 0.86 10.47
2016-12-31 67.90 0.80 10.54
2016-09-30 68.69 0.99 10.64
2016-06-30 69.49 1.17 10.75
2016-03-31 67.19 1.14 10.88
2015-12-31 64.90 1.11 11.02
2015-09-30 60.02 0.96 10.53
2015-06-30 55.14 0.81 10.05
2015-03-31 53.04 0.81 9.55
2014-12-31 50.93 0.80 9.04
2014-09-30 50.82 0.81 8.85
2014-06-30 50.70 0.82 8.66
2014-03-31 49.76 0.67 8.53
2013-12-31 48.82 0.51 8.39
2013-09-30 47.36 0.45 7.51
2013-06-30 45.90 0.38 6.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • RTC Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • RTC Group used its assets less efficiently than the GB Professional Services industry average last year based on Return on Assets.
  • RTC Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess RTC Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
RTC Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RTC Health

 How is RTC Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up RTC Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • RTC Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • RTC Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of RTC Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from RTC Group Company Filings, last reported 3 months ago.

AIM:RTC Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 6.24 3.57 0.80
2019-09-30 6.24 3.57 0.80
2019-06-30 5.53 4.05
2019-03-31 5.53 4.05
2018-12-31 5.24 6.09 1.55
2018-09-30 5.24 6.09 1.55
2018-06-30 4.43 6.03
2018-03-31 4.43 6.03
2017-12-31 4.05 4.71 0.16
2017-09-30 4.05 4.71 0.16
2017-06-30 3.92 4.05
2017-03-31 3.92 4.05
2016-12-31 3.37 4.29 0.06
2016-09-30 3.37 4.29 0.06
2016-06-30 3.36 3.93
2016-03-31 3.36 3.93
2015-12-31 2.92 3.98 0.06
2015-09-30 2.92 3.98 0.06
2015-06-30 2.23 4.74 0.16
2015-03-31 2.23 4.74 0.16
2014-12-31 2.44 3.17 0.04
2014-09-30 2.44 3.17 0.04
2014-06-30 2.02 2.41 0.07
2014-03-31 2.02 2.41 0.07
2013-12-31 1.70 3.87 0.23
2013-09-30 1.70 3.87 0.23
2013-06-30 1.19 4.89
  • RTC Group's level of debt (57.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (130.5% vs 57.2% today).
  • Debt is well covered by operating cash flow (80.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9.7x coverage).
X
Financial health checks
We assess RTC Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. RTC Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RTC Dividends

 What is RTC Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
10.67%
Current annual income from RTC Group dividends.
If you bought £2,000 of RTC Group shares you are expected to receive £213 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • RTC Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.68%).
  • RTC Group's dividend is above the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.57%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:RTC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 27 Stocks 2.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 608 Stocks 5.7%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.4%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.7%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:RTC Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2020-02-24 0.042 7.754
2019-02-25 0.039 6.676
2018-02-26 0.035 6.532
2017-02-27 0.031 5.443
2016-02-29 0.040 7.027
2015-07-24 0.020 2.804
2015-03-02 0.020 2.908
2014-07-24 0.010 2.477
2010-09-29 0.000 0.000
2010-05-10 0.000 0.000
2010-04-01 0.000 0.000
2009-09-11 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • RTC Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but RTC Group only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of RTC Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess RTC Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can RTC Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. RTC Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RTC Management

 What is the CEO of RTC Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Andy Pendlebury
COMPENSATION £593,000
AGE 58
TENURE AS CEO 12.5 years
CEO Bio

Mr. Andrew M. Pendlebury, also known as Andy, has been Group Chief Executive Officer of RTC Group plc (alternate name ATA Group PLC) since October 1, 2007. Mr. Pendlebury served as Chief Executive, engineered Morson Group of White & Nunn Holdings from 2004 to 2007. He served as Managing Director of Wynnwith Engineering since 1995 and establishing the business as one of the United Kingdom's fastest growing recruitment businesses. In 2002, he joined GKN PLC and served as interim Managing Director of its in-house recruitment business Engage and guided it through the Board's divestment strategy. Mr. Pendlebury has a wealth of Industry experience having served in a number of senior management positions during his long career with British Aerospace PLC. Mr. Pendlebury has been Director of RTC Group plc since July 2007. He served as Director of Wynnwith Engineering since 1992. He is a Member of the Institute of Management and a member of the Institute of Directors. he attended Manchester University through to post graduate and studied at Cranfield Business School and London Business School gaining qualifications in Business Negotiation, Management Studies and Strategy formulation.

CEO Compensation
  • Andy's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.
  • Andy's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Bill Douie

TITLE
Group Executive Chairman
COMPENSATION
£122K
AGE
79

Andy Pendlebury

TITLE
Group CEO & Director
COMPENSATION
£593K
AGE
58
TENURE
12.5 yrs

Sarah Dye

TITLE
Group Finance Director
COMPENSATION
£326K
AGE
52
TENURE
7.2 yrs
Board of Directors Tenure

Average tenure and age of the RTC Group board of directors in years:

10
Average Tenure
63
Average Age
  • The tenure for the RTC Group board of directors is about average.
Board of Directors

Bill Douie

TITLE
Group Executive Chairman
COMPENSATION
£122K
AGE
79
TENURE
28.3 yrs

Andy Pendlebury

TITLE
Group CEO & Director
COMPENSATION
£593K
AGE
58
TENURE
12.8 yrs

Sarah Dye

TITLE
Group Finance Director
COMPENSATION
£326K
AGE
52
TENURE
7.2 yrs

Brian May

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£30K
AGE
68
TENURE
5.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess RTC Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. RTC Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RTC News

Simply Wall St News

RTC Group plc (LON:RTC): Has Recent Earnings Growth Beaten Long-Term Trend? Does RTC Group plc's (LON:RTC) Recent Track Record Look Strong?

See our latest analysis for RTC Group How RTC fared against its long-term earnings performance and its industry RTC's trailing twelve-month earnings (from 30 June 2019) of UK£1.4m has jumped 23% compared to the previous year. … While RTC Group has a good historical track record with positive growth and profitability, there's no certainty that this will extrapolate into the future. … You should continue to research RTC Group to get a more holistic view of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for RTC’s future growth?

Simply Wall St -

Does RTC Group plc's (LON:RTC) CEO Pay Reflect Performance?

See our latest analysis for RTC Group How Does Andy Pendlebury's Compensation Compare With Similar Sized Companies? … We examined a group of similar sized companies, with market capitalizations of below UK£165m. … Thus we can conclude that Andy Pendlebury receives more in total compensation than the median of a group of companies in the same market, and of similar size to RTC Group plc.

Simply Wall St -

Does Market Volatility Impact RTC Group plc's (LON:RTC) Share Price?

If you're interested in RTC Group plc (LON:RTC), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … The fact that this is well above 1 indicates that its share price movements have shown sensitivity to overall market volatility. … What this means for you: Beta only tells us that the RTC Group share price is sensitive to broader market movements.

Simply Wall St -

Do You Know What RTC Group plc's (LON:RTC) P/E Ratio Means?

Check out our latest analysis for RTC Group How Do I Calculate A Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for RTC Group: P/E of 5.64 = £0.57 ÷ £0.10 (Based on the trailing twelve months to December 2018.) Is A High P/E Ratio Good? … If the reality for a company is not as bad as the P/E ratio indicates, then the share price should increase as the market realizes this.

Simply Wall St -

Does RTC Group (LON:RTC) Have A Healthy Balance Sheet?

Debt assists a business until the business has trouble paying it off, either with new capital or with free cash flow. … AIM:RTC Historical Debt, July 17th 2019 A Look At RTC Group's Liabilities The latest balance sheet data shows that RTC Group had liabilities of UK£12.8m due within a year, and liabilities of UK£64.0k falling due after that. … In the last three years, RTC Group created free cash flow amounting to 18% of its EBIT, an uninspiring performance.

Simply Wall St -

Did You Miss RTC Group's (LON:RTC) 77% Share Price Gain?

To wit, the RTC Group share price has climbed 77% in five years, easily topping the market return of 4.7% (ignoring dividends). … During five years of share price growth, RTC Group achieved compound earnings per share (EPS) growth of 22% per year. … When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return.

Simply Wall St -

RTC Group (LON:RTC) Shareholders Have Enjoyed A 77% Share Price Gain

To wit, the RTC Group share price has climbed 77% in five years, easily topping the market return of 4.7% (ignoring dividends). … During five years of share price growth, RTC Group achieved compound earnings per share (EPS) growth of 22% per year. … We note that for RTC Group the TSR over the last 5 years was 128%, which is better than the share price return mentioned above.

Simply Wall St -

RTC Group plc (LON:RTC): Commentary On Fundamentals

AIM:RTC Income Statement, June 10th 2019 Next Steps: For RTC Group, there are three important factors you should further research: Future Outlook: What are well-informed industry analysts predicting for RTC’s future growth? … Take a look at our free research report of analyst consensus for RTC’s outlook. … The intrinsic value infographic in our free research report helps visualize whether RTC is currently mispriced by the market.

Simply Wall St -

Is Now The Time To Put RTC Group (LON:RTC) On Your Watchlist?

In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like RTC Group (LON:RTC). … See our latest analysis for RTC Group How Fast Is RTC Group Growing? … So we're pleased to report that RTC Group insiders own a meaningful share of the business.

Simply Wall St -

RTC Group plc (LON:RTC) Earns A Nice Return On Capital Employed

Finally, we'll look at how its current liabilities affect its ROCE. … The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for RTC Group: 0.37 = UK£2.0m ÷ (UK£18m - UK£13m) (Based on the trailing twelve months to December 2018.) So, RTC Group has an ROCE of 37%. … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE.

Simply Wall St -

RTC Company Info

Description

RTC Group PLC, through its subsidiaries, provides recruitment services in the United Kingdom and internationally. It offers technical recruitment solutions to the general engineering, manufacturing, transport, build environment, infrastructure, commercial disciplines, sales and technical sales, scientific, chemical, energy and utilities, and defense and aerospace sectors; technical and engineering workforce solutions, such as recruitment, training, account management, contingent labor, and fleet provision to the rail, energy, construction, highways, and transportation sectors; and staffing services. The company also provides conferencing rooms of various sizes to accommodate meetings, en-suite hotel bedrooms, and bar and dining facilities to accommodate business and leisure guests; and office space. RTC Group PLC was founded in 1963 and is headquartered in Derby, the United Kingdom.

Details
Name: RTC Group plc
RTC
Exchange: AIM
Founded: 1963
£5,564,005
14,266,680
Website: http://www.rtcgroupplc.co.uk
Address: RTC Group plc
The Derby Conference Centre,
London Road,
Derby,
Derbyshire, DE24 8UX,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM RTC Ordinary Shares London Stock Exchange AIM Market GB GBP 15. Jun 1998
Number of employees
Current staff
Staff numbers
220
RTC Group employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 20:37
End of day share price update: 2020/04/02 00:00
Last earnings filing: 2020/02/24
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.