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RC Fornax Plc (RCFX) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of RC Fornax Plc stock £0.03, price £0.04, that is 43.6% below the price, quality 24 out of 100. Rating: strongly overvalued. Calculated from audited financials with one of our 26 valuation models and 37 quality factors, updated daily.

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Industrials GB

RF RC Fornax Plc logo Thin data Nov 4, 2026

RC Fornax Plc

RCFX · LSE
Very expensive, weak quality

Our calculation puts a fair price 44% below what the stock costs today.

Expensive Growth (revenue 3y +35.2 %/yr in GBP)
Revenue last quarter 43% below a year ago.
Fair value £0.0251 · Strongly overvalued
Quality 24/100
Loss-making · -106.6% net margin (TTM)
Negative free cash flow
Trails peers (1/10)
Narrow moat 10/100 · thin data
Thin data
⚠ Dilution
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

£0.5600 £0.0445 Fair Value £0.0251 Feb 2025 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.

How to read this chart

21‑month range £0.0445 – £0.5600 · the £0.0445 price screens above the £0.0251 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.

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Company profile

RC Fornax Plc, a veteran-founded UK consultancy, provides integrity solutions that support mission-critical programmes across land, sea, and air domains in the United Kingdom.

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The company offers electrical, mechanical, system, and software engineering, as well as technological and innovation, operational analysis, and project management solutions.

It also delivers bespoke, outcome-driven services across critical defence platforms, including fighter aircraft, naval vessels, drones and military vehicles. The company was incorporated in 2020 and is based in Bristol, the United Kingdom.

Stock analysis

RC Fornax Plc (RCFX) currently trades at £0.0445, while our model-based Fair Value estimate is £0.0251, 44% below the price, so the stock looks overvalued today.

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Valuation

How firm this estimate is: it rests on 1 models at a data quality of 92/100, which puts the data coverage at low.

Quality & growth

The Quality Score stands at 24/100 (below-average quality), in the Industrials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

RC Fornax Plc reported revenue of £4.1M in FY2025 versus £1.6M in FY2022, a compound +35.2%/yr. Reported net income was −£1.4M in FY2025.

Key figures

Market cap £4.3M Micro · P/S ratio 1.93 · EPS (TTM) £−0.0800 · Dividend yield 3.5% · Net margin −34.0% · Return on equity −76.3% · Return on assets (EBIT) 35.6% (4-year average) · Operating margin −43.5%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 10 out of 100 (low confidence).

What moves the price

The share trades about 69% below its 52-week high and at its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −7% fair-value upside, at −44%, RCFX screens richer than that median.

Fair Value models

Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
NCAV (Graham) n/a £0.0100 £0.0100 50
All 1 models by family
Asset-Based
NCAV (Graham) n/a £0.0100 £0.0100 50

The fair value above starts from this blend and is adjusted for dilution from new shares.

Open the full fair value analysis →

Quality Score breakdown

Overall quality 24/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 28
How much profit the company makes from its sales and capital
Quality Growth 8
Are margins and returns getting better?
Cashflow 17
Do the profits arrive as real cash?
Financial strength 67
Debt, balance sheet and risk of trouble
Investment 0
Does it invest with discipline instead of growing at any price?
Low Volatility 0
How calm the share price moves, does not count
Price momentum 6
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 0
Distance to the 52-week high, does not count
New shares 0
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−36.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+35.2%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
23.2% (2022) → −31.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

RCFX screens overvalued: fair value 44% below the price. Compare with Verisk Analytics, Inc →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Consulting Services · 74 stocks

Beats the industry median on 1/9 measures
Overall it trails its industry peers.
Valuation
Quality Score 24 · Bottom 25%
Fair Value upside −43.6% · Bottom 25%
Profitability
Return on assets −39.5% · Bottom 25%
Net margin (12 months) −106.6% · Bottom 25%
Operating margin (12 months) −43.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −42.5% · Bottom 25%
Dividend yield (12 months) 3.5% · Above median

Valuation Multiplesvs Consulting Services median · lower = cheaper

P/B 2.31× · Pricier than median
P/S (12 months) 1.77× · Pricier than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 45
FUTURE (revenue growth)0 · sector 18
PAST (return on equity)0 · sector 35
HEALTH (low debt)0 · sector 89
DIVIDEND (yield)70 · sector 63

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Consulting Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Booz Allen Hamilton Holding BAH $85.35 $159.98 +87% vs RCFX
ICF International, Inc ICFI $79.68 $99.21 +25% vs RCFX
Huron Consulting Group HURN $166.82 $183.50 +10% vs RCFX
Bureau Veritas SA BVI €29.95 €27.88 −7% vs RCFX
FTI Consulting, Inc FCN $195.71 $182.15 −7% vs RCFX
DKSH Holding DKSH CHF 76.70 CHF 65.52 −15% vs RCFX
Verisk Analytics, Inc VRSK $204.59 $148.69 −27% vs RCFX
SGS SA SGSN CHF 101.95 CHF 70.45 −31% vs RCFX
Equifax Inc EFX $189.59 $109.01 −43% vs RCFX
ALS Limited ALQ A$20.80 A$11.18 −46% vs RCFX

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RC Fornax Plc: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "RC Fornax Plc Fair Value". https://www.fairvalue-calculator.com/stock/RCFX

Frequently asked questions

Is RC Fornax Plc (RCFX) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of £0.0251 versus a price of £0.0445, about 44% lower (overvalued).
What is the fair value of RCFX?
Our model-based fair value for RC Fornax Plc is £0.0251 (as of Nov 4, 2026), built from audited fundamentals. The current price: £0.0445.
What is the quality score of RCFX?
RC Fornax Plc has a Quality Score of 24/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for RC Fornax Plc (RCFX)?
Our model-based price target is the fair value of £0.0251 (as of Nov 4, 2026) from 1 valuation models. It is a calculation from audited fundamentals, not an analyst target.
What is the RC Fornax Plc stock forecast for 2026?
Our models put fair value at £0.0251, about 44% lower versus a price of £0.0445 (overvalued). The calculation is refreshed regularly with new filings.
What is the revenue of RC Fornax Plc (RCFX)?
RC Fornax Plc reported trailing-twelve-month revenue of about £2.4M (latest available figure, as of Nov 4, 2026).
Does RC Fornax Plc pay a dividend?
RC Fornax Plc currently shows a dividend yield of 3.48% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of RC Fornax Plc (RCFX)?
RC Fornax Plc has a dividend yield of 3.5%.
What is the intrinsic value of RC Fornax Plc (RCFX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For RC Fornax Plc it is £0.0251 per share (as of Nov 4, 2026), against a price of £0.0445. It is the blended result of 1 valuation models in 1 family (Asset-Based).
Is RC Fornax Plc stock overvalued or undervalued in 2026?
As of Nov 4, 2026, RCFX trades above its calculated fair value: price £0.0445, fair value £0.0251, a gap of about −44% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of RCFX?
No. The price is what the market pays today (£0.0445); the fair value is what the company's own numbers justify (£0.0251). For RC Fornax Plc the two are £0.0194 per share apart. That gap is exactly why we show both numbers side by side.
How much is RC Fornax Plc worth?
The market values RC Fornax Plc at about £4.3M (market capitalisation, as of Nov 4, 2026). Per share that is £0.0445; our models calculate a fair value of £0.0251 per share.
How solid is the balance sheet of RC Fornax Plc (RCFX)?
Balance-sheet figures for RC Fornax Plc (as of Nov 4, 2026): return on equity −76.3%. They feed the Quality Score of 24/100, which measures business quality independently of the share price.
How far is RCFX from its 52-week high?
RC Fornax Plc trades at £0.0445, about 69% below its 52-week high of £0.1425 and at the low of £0.0445 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of £0.0251 is for.
Which stocks are comparable to RC Fornax Plc?
From the same area (Industrials) we also value Verisk Analytics, Inc, SGS SA, Equifax Inc, Bureau Veritas SA, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is RC Fornax Plc stock attractive at the current price?
The data as of Nov 4, 2026: price £0.0445, calculated fair value £0.0251 (−44%), Quality Score 24/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of RCFX calculated?
We run RC Fornax Plc through 1 models from 1 family: Asset-Based. Every model gets the same audited fundamentals; the fair value of £0.0251 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. RC Fornax Plc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of RC Fornax Plc (RCFX)?
The closing price on Nov 6, 2026 was £0.0445. Our model-based fair value is £0.0251, about 44% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with RC Fornax Plc right now?
Weak quality (24/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Key figures of RC Fornax Plc

How large is the market capitalisation of RC Fornax Plc (RCFX)?
The market capitalisation of RC Fornax Plc is £4.3M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of RC Fornax Plc (RCFX)?
The price-to-sales ratio of RC Fornax Plc is 1.93 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of RC Fornax Plc (RCFX)?
Earnings per share at RC Fornax Plc are £−0.0800. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of RC Fornax Plc (RCFX)?
The dividend yield of RC Fornax Plc is 3.5%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of RC Fornax Plc (RCFX)?
The net margin of RC Fornax Plc is −34.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of RC Fornax Plc (RCFX)?
The return on equity (ROE) of RC Fornax Plc is −76.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of RC Fornax Plc (RCFX)?
On an EBIT basis the return on assets of RC Fornax Plc is 35.6% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of RC Fornax Plc (RCFX)?
The operating margin of RC Fornax Plc is −43.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at RC Fornax Plc (RCFX)?
Revenue at RC Fornax Plc is growing −42.5% versus a year earlier (3y avg +35.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does RC Fornax Plc (RCFX) generate?
The free cash flow of RC Fornax Plc is −£2.7M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
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