Reach PLC

LSE:RCH UK Publishing
Market Cap
$2.35 Million
GBX19.31 Billion GBX
Market Cap Rank
#43728 Global
#744 in UK
Share Price
GBX61.20
Change (1 day)
+1.49%
52-Week Range
GBX53.10 - GBX78.20
All Time High
GBX330.11
Categories
Companies in UK Publishing
About

Reach plc operates as commercial news publisher in the United Kingdom, rest of Europe, and internationally. The company offers newspapers and magazines in 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, Curiously, BirminghamLive, BelfastLive,… Read more

Reach PLC (RCH) - Net Assets

Latest net assets as of June 2025: GBX681.70 Million GBX

Based on the latest financial reports, Reach PLC (RCH) has net assets worth GBX681.70 Million GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.18 Billion) and total liabilities (GBX500.60 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX681.70 Million
% of Total Assets 57.66%
Annual Growth Rate 8.81%
5-Year Change 19.75%
10-Year Change 17.12%
Growth Volatility 48.82

Reach PLC - Net Assets Trend (1985–2024)

This chart illustrates how Reach PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Reach PLC (1985–2024)

The table below shows the annual net assets of Reach PLC from 1985 to 2024.

Year Net Assets Change
2024-12-31 GBX678.60 Million +6.50%
2023-12-31 GBX637.20 Million -0.05%
2022-12-31 GBX637.50 Million -0.20%
2021-12-31 GBX638.80 Million +12.72%
2020-12-31 GBX566.70 Million -10.78%
2019-12-31 GBX635.20 Million +13.90%
2018-12-31 GBX557.70 Million -16.36%
2017-12-31 GBX666.80 Million +15.08%
2017-01-01 GBX579.40 Million 0.00%
2016-12-31 GBX579.40 Million -15.24%
2015-12-31 GBX683.60 Million 0.00%
2015-12-27 GBX683.60 Million +14.91%
2014-12-31 GBX594.90 Million 0.00%
2014-12-28 GBX594.90 Million +4.06%
2013-12-31 GBX571.70 Million -10.53%
2012-12-31 GBX639.00 Million -5.39%
2011-12-31 GBX675.40 Million -0.62%
2010-12-31 GBX679.60 Million +38.92%
2009-12-31 GBX489.20 Million -8.51%
2008-12-31 GBX534.70 Million -37.23%
2007-12-31 GBX851.90 Million +17.80%
2006-12-31 GBX723.20 Million -4.05%
2005-12-31 GBX753.70 Million +6.82%
2004-12-31 GBX705.60 Million -44.78%
2003-12-31 GBX1.28 Billion -2.24%
2002-12-31 GBX1.31 Billion -3.09%
2001-12-31 GBX1.35 Billion -8.01%
2000-12-31 GBX1.47 Billion +14.27%
1999-12-31 GBX1.28 Billion +237.60%
1998-12-31 GBX380.04 Million +15.18%
1997-12-31 GBX329.96 Million +4.59%
1996-12-31 GBX315.50 Million +9.13%
1995-12-31 GBX289.11 Million +200.24%
1994-12-31 GBX96.29 Million +8.91%
1993-12-31 GBX88.42 Million +7.58%
1992-12-31 GBX82.19 Million +44.15%
1991-12-31 GBX57.02 Million +1.69%
1990-12-31 GBX56.07 Million +8.28%
1989-12-31 GBX51.78 Million +23.99%
1988-12-31 GBX41.76 Million +37.11%
1987-12-31 GBX30.46 Million +2.04%
1986-12-31 GBX29.85 Million +18.38%
1985-12-31 GBX25.21 Million --

Equity Component Analysis

This analysis shows how different components contribute to Reach PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 3429.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX624.60 Million 92.04%
Common Stock GBX32.20 Million 4.75%
Other Comprehensive Income GBX21.80 Million 3.21%
Other Components GBX1.00 0.00%
Total Equity GBX678.60 Million 100.00%

Reach PLC Competitors by Market Cap

The table below lists competitors of Reach PLC ranked by their market capitalization.

Company Market Cap
EZTC3F
SA:EZTC3F
 		$21.51K
Canal+ SA
F:YA3
 		$21.51K
ECOMMERCE ALL N (ECF.SG)
STU:ECF
 		$21.51K
CLARIANE SE
PINK:KRNMF
 		$21.52K
CyberOne Co. Ltd.
KO:356890
 		$21.45K
Ha Long Canned Food JSC
VN:CAN
 		$21.42K
Savanna Capital Corp.
V:SAC-P
 		$21.41K
AMUR MINERALS (A7L.SG)
STU:A7L
 		$21.41K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Reach PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 637,200,000 to 678,600,000, a change of 41,400,000 (6.5%).
  • Net income of 53,600,000 contributed positively to equity growth.
  • Dividend payments of 23,200,000 reduced retained earnings.
  • Share repurchases of 600,000 reduced equity.
  • Other comprehensive income increased equity by 17,399,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX53.60 Million +7.9%
Dividends Paid GBX23.20 Million -3.42%
Share Repurchases GBX600.00K -0.09%
Other Comprehensive Income GBX17.40 Million +2.56%
Other Changes GBX-5.80 Million -0.85%
Total Change GBX- 6.50%

Book Value vs Market Value Analysis

This analysis compares Reach PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 28.85x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 162.85x to 28.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1985-12-31 GBX0.38 GBX61.20 x
1986-12-31 GBX0.45 GBX61.20 x
1987-12-31 GBX0.45 GBX61.20 x
1988-12-31 GBX0.62 GBX61.20 x
1989-12-31 GBX0.77 GBX61.20 x
1990-12-31 GBX0.84 GBX61.20 x
1991-12-31 GBX0.85 GBX61.20 x
1992-12-31 GBX1.09 GBX61.20 x
1993-12-31 GBX1.12 GBX61.20 x
1994-12-31 GBX1.22 GBX61.20 x
1995-12-31 GBX3.23 GBX61.20 x
1996-12-31 GBX2.19 GBX61.20 x
1997-12-31 GBX2.27 GBX61.20 x
1998-12-31 GBX2.60 GBX61.20 x
1999-12-31 GBX6.52 GBX61.20 x
2000-12-31 GBX4.80 GBX61.20 x
2001-12-31 GBX4.44 GBX61.20 x
2002-12-31 GBX3.75 GBX61.20 x
2003-12-31 GBX3.35 GBX61.20 x
2004-12-31 GBX2.27 GBX61.20 x
2005-12-31 GBX2.47 GBX61.20 x
2006-12-31 GBX2.38 GBX61.20 x
2007-12-31 GBX2.80 GBX61.20 x
2008-12-31 GBX1.96 GBX61.20 x
2009-12-31 GBX1.82 GBX61.20 x
2010-12-31 GBX2.56 GBX61.20 x
2011-12-31 GBX2.61 GBX61.20 x
2012-12-31 GBX2.42 GBX61.20 x
2013-12-31 GBX2.22 GBX61.20 x
2014-12-31 GBX2.24 GBX61.20 x
2015-12-31 GBX2.52 GBX61.20 x
2016-12-31 GBX1.98 GBX61.20 x
2017-12-31 GBX2.33 GBX61.20 x
2018-12-31 GBX1.83 GBX61.20 x
2019-12-31 GBX2.03 GBX61.20 x
2020-12-31 GBX1.83 GBX61.20 x
2021-12-31 GBX2.00 GBX61.20 x
2022-12-31 GBX2.01 GBX61.20 x
2023-12-31 GBX2.01 GBX61.20 x
2024-12-31 GBX2.12 GBX61.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Reach PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 7.90%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.95%
  • • Asset Turnover: 0.45x
  • • Equity Multiplier: 1.78x
  • Recent ROE (7.90%) is below the historical average (9.84%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1985 18.03% 5.41% 1.71x 1.94x GBX2.01 Million
1986 26.05% 9.23% 1.68x 1.68x GBX4.76 Million
1987 23.34% 7.84% 1.68x 1.77x GBX4.04 Million
1988 22.19% 8.53% 1.41x 1.84x GBX5.07 Million
1989 28.17% 12.25% 1.34x 1.72x GBX9.37 Million
1990 21.73% 9.04% 1.34x 1.79x GBX6.55 Million
1991 15.97% 6.69% 1.36x 1.76x GBX3.39 Million
1992 11.46% 8.14% 0.82x 1.71x GBX1.20 Million
1993 15.67% 10.28% 0.78x 1.95x GBX5.00 Million
1994 17.09% 10.00% 0.95x 1.80x GBX6.82 Million
1995 6.38% 10.99% 0.47x 1.25x GBX-10.46 Million
1996 12.38% 11.75% 0.56x 1.87x GBX7.51 Million
1997 13.36% 13.57% 0.56x 1.77x GBX11.08 Million
1998 16.58% 18.41% 0.61x 1.48x GBX25.02 Million
1999 5.92% 12.75% 0.24x 1.90x GBX-52.30 Million
2000 17.44% 23.60% 0.40x 1.83x GBX108.76 Million
2001 -4.13% -4.92% 0.46x 1.84x GBX-190.10 Million
2002 -1.69% -1.77% 0.47x 2.04x GBX-133.32 Million
2003 1.31% 1.22% 0.49x 2.18x GBX-89.19 Million
2004 20.55% 12.70% 0.50x 3.24x GBX74.44 Million
2005 19.49% 13.49% 0.46x 3.15x GBX71.53 Million
2006 -1.59% -1.15% 0.48x 2.90x GBX-83.82 Million
2007 23.86% 20.93% 0.48x 2.36x GBX118.11 Million
2008 -11.05% -6.78% 0.52x 3.11x GBX-112.57 Million
2009 5.99% 3.84% 0.47x 3.31x GBX-19.62 Million
2010 16.67% 14.88% 0.44x 2.54x GBX45.34 Million
2011 11.52% 10.42% 0.45x 2.43x GBX10.26 Million
2012 2.64% 2.39% 0.46x 2.40x GBX-47.00 Million
2013 -16.86% -14.52% 0.53x 2.20x GBX-153.57 Million
2014 11.73% 10.97% 0.50x 2.16x GBX10.31 Million
2015 11.26% 12.99% 0.40x 2.19x GBX8.64 Million
2016 12.00% 9.75% 0.50x 2.44x GBX11.56 Million
2017 12.00% 9.75% 0.50x 2.44x GBX11.56 Million
2017 9.42% 10.08% 0.46x 2.01x GBX-3.88 Million
2018 -21.45% -16.52% 0.54x 2.40x GBX-175.37 Million
2019 14.85% 13.42% 0.53x 2.09x GBX30.78 Million
2020 -4.71% -4.45% 0.47x 2.25x GBX-83.37 Million
2021 0.45% 0.47% 0.46x 2.10x GBX-60.98 Million
2022 8.20% 8.70% 0.48x 1.97x GBX-11.45 Million
2023 3.37% 3.78% 0.47x 1.91x GBX-42.22 Million
2024 7.90% 9.95% 0.45x 1.78x GBX-14.26 Million

Industry Comparison

This section compares Reach PLC's net assets metrics with peer companies in the Publishing industry.

Industry Context

  • Industry: Publishing
  • Average net assets among peers: $-11,886,333
  • Average return on equity (ROE) among peers: 10.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Reach PLC (RCH) GBX681.70 Million 18.03% 0.73x $21.46K
Bloomsbury Publishing Plc (BMY) $18.42 Million 9.80% 0.78x $58.26K
LBG Media PLC (LBG) $14.22 Million 20.89% 1.88x $22.39K
Smiths News PLC (SNWS) $-68.30 Million 0.00% 0.00x $19.44K