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Reach plc (RCH) Fair Value & Analysis

Communication Services · GB · Market cap 168M GBX

RP Reach plc RCH · LSE
Price£0.5120
Fair Value£1.99
Upside+288.7%
Quality95/100
Evidence: High Range £1.80 – £2.15

Fair value as of: Jun 25, 2026

From 15 valuation models · updated 4 days ago

Share price −1.3% over the past month.

Price vs Fair Value (12 months)

£0.6669 £0.4694 Fair Value £1.99 Jun 2025 Jun 2026

12‑month range £0.4694 – £0.6669 · fair‑value band £1.80 – £2.15 · the £0.5120 price screens below the £1.99 fair value. As of Jun 25, 2026.

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Analysis

Reach plc (RCH) currently trades at £0.5120, while our model-based Fair Value estimate is £1.99 — implying the stock looks roughly 288.7% undervalued today. We read business quality at 95/100 (high quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Reach plc generated revenue of £518M at a net margin of -25.5%. Revenue declined 4.1% year over year. It earns a return on equity of -22.0%. Net debt stands at £50.6M. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 518M GBX
Revenue growth (YoY) -4.1%
Net margin -25.5%
Return on equity -22.0%
Free cash flow 16.7M GBX FY2025
Operating margin 22.0%
More key figures
EPS (TTM) £-0.4200
Dividend yield 0.1%
EPS growth (YoY) -15.6%
Net debt 50.6M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Reach plc operates as a commercial news publisher in the United Kingdom, the rest of Europe, and internationally. The company offers newspapers and magazines through wholesalers under the Mirror, Express, Daily Star, Daily Record, Manchester Evening News, Liverpool Echo, Irish Star, OK! magazine, WalesOnline, MyLondon, Curiously, BirminghamLive, BelfastLive, and other brands. It is also involved in the circulation; digital classified print advertising; third-party printing contracts; contract publishing, syndication, and events; and digital display and transactional businesses. The company was formerly known as Trinity Mirror plc and changed its name to Reach plc in May 2018. Reach plc was incorporated in 1904 and is headquartered in London, the United Kingdom. Reach plc operates as a subsidiary of Gannett Co., Inc.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Reach plc reported revenue of £518M in FY2025 versus £616M in FY2021, a compound −4.2%/yr. Reported net income was −£132M in FY2025.

Revenue −4.2%/yr
FY21 £616M
FY22 £601M
FY23 £569M
FY24 £539M
FY25 £518M
Net income
FY21 £2.9M
FY22 £52.3M
FY23 £21.5M
FY24 £53.6M
FY25 −£132M

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Similar stocks

6 more Publishing stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

Stock Price Fair Value vs Fair Value
Informa plc IFPJF $11.23 $8.31 -26%
The New York Times Company NYT $72.08 $43.46 -40%
Pearson plc PSORF $14.80 $15.09 +2%
Jiangsu Phoenix Publishing & Media Corporation 601928 ¥9.32 ¥9.23 -1%
China South Publishing & Media Group 601098 ¥10.18 ¥13.20 +30%
People.cn CO., LTD 603000 ¥16.46 ¥4.16 -75%

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Frequently asked questions

Is Reach plc (RCH) undervalued?
As of Jun 25, 2026, our model estimates a fair value of £1.99 versus a price of £0.5120 — about +289% (undervalued). Model-based estimate, not financial advice.
What is the fair value of RCH?
Our 21-model fair value for Reach plc is £1.99 (as of Jun 25, 2026), built from audited fundamentals. The current price is £0.5120.
What is the quality score of RCH?
Reach plc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Reach plc (RCH)?
Reach plc reported trailing-twelve-month revenue of about £518M (latest available figure, as of Jun 25, 2026).
What is the net profit margin of RCH?
The net profit margin of Reach plc is about -25.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Reach plc pay a dividend?
Reach plc currently shows a dividend yield of about 0.14% relative to its recent price (as of Jun 25, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.