Want to see GB:RCH full AI Analyst Report?
Top Page
Reach plc
(LSE:RCH)
Select Model
Select Model
Rating:60Neutral
Price Target:
53.00 p
▲(23.98% Upside)
Action:Reiterated
Date:10/24/26
The score is held back primarily by deteriorating financial performance—persistent revenue declines and a significant 2025 net loss—despite a still-conservative balance sheet and positive (but weakening) cash generation. Technical indicators are moderately supportive in the near term, and valuation is mixed: a very high dividend yield helps, but losses (negative P/E) reduce confidence.
Positive Factors
Conservative leverage
Low debt relative to equity gives Reach financial flexibility and reduces the burden of interest and refinancing. This conservative capital structure can help the company absorb continued industry pressure while preserving capacity to fund operations and selective investment.
Negative Factors
Persistent revenue decline
Repeated annual revenue contraction indicates sustained pressure on Reach’s advertising, circulation, or related commercial activities rather than a single-period setback. A shrinking top line can reduce operating leverage, weaken investment capacity, and make stable earnings harder to sustain.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Low debt relative to equity gives Reach financial flexibility and reduces the burden of interest and refinancing. This conservative capital structure can help the company absorb continued industry pressure while preserving capacity to fund operations and selective investment.
Read all positive factors
Reach plc (RCH) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£153.85M
Dividend Yield12.1%
Average Volume (3M)1.48M
Price to Earnings (P/E)―
Beta (1Y)1.10
Revenue Growth-6.48%
EPS Growth-458.95%
CountryUK
Employees3,104
SectorCommunication Services
Sector Strength97
IndustryPublishing
Share Statistics
EPS (TTM)-0.56
Shares Outstanding318,336,300
10 Day Avg. Volume1,240,709
30 Day Avg. Volume1,476,501
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.33
Price to Sales (P/S)0.34
P/FCF Ratio10.42
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£46.00Price Target Upside7.60% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.23
Revenue Forecast (FY)£458.65M
Reach plc Business Overview & Revenue Model
Company Description
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 Eveni...
How the Company Makes Money
Reach plc generates revenue primarily from (1) advertising and (2) customer revenue (circulation and related sales), with additional contribution from other commercial activities.
1) Advertising revenue (digital and print)
- Digital advertising: ...
Reach plc Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
72
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 495.30M | 518.40M | 538.60M | 568.60M | 601.40M | 615.80M |
| Gross Profit | 206.90M | 218.20M | 235.20M | 223.90M | 225.70M | 286.40M |
| EBITDA | -116.20M | -115.10M | 90.60M | 61.40M | 106.80M | 93.70M |
| Net Income | -179.20M | -132.30M | 53.60M | 21.50M | 52.30M | 2.90M |
Balance Sheet | ||||||
| Total Assets | 837.60M | 949.40M | 1.21B | 1.22B | 1.26B | 1.34B |
| Cash, Cash Equivalents and Short-Term Investments | 16.50M | 16.10M | 22.70M | 19.90M | 40.40M | 65.70M |
| Total Debt | 79.10M | 66.70M | 62.30M | 63.20M | 46.70M | 36.20M |
| Total Liabilities | 372.10M | 423.20M | 530.90M | 582.10M | 621.50M | 703.70M |
| Stockholders Equity | 465.50M | 526.20M | 678.60M | 637.20M | 637.50M | 638.80M |
Cash Flow | ||||||
| Free Cash Flow | 16.20M | 16.70M | 14.20M | 12.40M | 7.00M | 73.10M |
| Operating Cash Flow | 18.70M | 19.30M | 26.00M | 15.90M | 20.70M | 85.60M |
| Investing Cash Flow | -10.40M | -9.60M | 4.90M | -19.30M | -30.40M | -28.60M |
| Financing Cash Flow | -9.80M | -20.90M | -30.00M | -17.10M | -15.60M | -33.30M |
Reach plc Technical Analysis
Neutral
42.75
Price Trends
44.81
Positive
46.86
Positive
51.22
Negative
Market Momentum
1.26
Positive
56.10
Neutral
29.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:RCH, the sentiment is Neutral. The current price of 42.75 is below the 20-day moving average (MA) of 48.39, below the 50-day MA of 44.81, and below the 200-day MA of 51.22, indicating a neutral trend. The MACD of 1.26 indicates Positive momentum. The RSI at 56.10 is Neutral, neither overbought nor oversold. The STOCH value of 29.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:RCH.
Reach plc Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | £247.55M | 7.91 | 3.57% | 5.97% | -8.41% | -51.11% | |
61 Neutral | £2.34B | 10.54 | 13.15% | 7.74% | 1.58% | 27.05% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
60 Neutral | £153.85M | -0.87 | -36.14% | 12.10% | -6.48% | -458.95% | |
56 Neutral | £286.75M | -94.02 | -0.61% | 5.66% | -6.07% | 99.09% | |
47 Neutral | £132.55M | -13.37 | -32.44% | 1.23% | -4.93% | -232.75% | |
43 Neutral | £47.66M | -1.79 | 143.01% | 6.98% | -18.44% | -608.87% |
* Communication Services Sector Average
GB:RCH
Reach plc
48.50
-4.39
-8.31%
GB:FUTR
Future plc
288.80
-310.93
-51.84%
GB:ITV
ITV plc
64.85
-0.48
-0.74%
GB:SAA
M&C Saatchi plc
113.50
-21.50
-15.93%
GB:STVG
STV Group plc
103.00
-9.50
-8.44%
GB:SFOR
S4 Capital Plc
38.80
16.61
74.85%
Reach plc Corporate Events
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
Reach plc Publishes Q3 2026 Trading Update for Investors
Neutral
Oct 13, 2026
Reach plc has issued a trading update covering the three-month period to 30 September 2026, providing investors and analysts with the latest snapshot of its operational performance in the third quarter. The update, published via the London Stock E...
Business Operations and StrategyExecutive/Board Changes
Reach plc Chairman Nick Prettejohn Takes Chair-Designate Role at Tritax Big Box REIT
Neutral
Oct 7, 2026
Reach plc has announced that its Chairman, Nick Prettejohn, has been appointed to the Board of Tritax Big Box REIT plc as a Non-Executive Director and Chair Designate, effective 7 October 2026. The move underscores Prettejohn’s expanding inf...
Business Operations and StrategyExecutive/Board Changes
Reach plc appoints Clive Whiley as non-executive director and new director acquires stake
Positive
Sep 21, 2026
Reach plc has strengthened its board with the appointment of Clive Whiley as a non-executive director, effective 21 September 2026. The move adds further governance experience as the company continues to navigate a challenging media landscape and ...
Business Operations and StrategyExecutive/Board Changes
Reach plc strengthens board with appointment of veteran non-executive director
Positive
Sep 21, 2026
Reach plc has appointed Clive Whiley as an independent non-executive director, adding a seasoned boardroom figure with over four decades of experience across regulated and listed companies. Whiley currently chairs STV plc and Mothercare plc and ho...
Business Operations and StrategyStock Buyback
Reach plc tops up Employee Benefit Trust with new share purchase
Positive
Aug 3, 2026
Reach plc has disclosed that its Employee Benefit Trust has purchased 450,000 ordinary shares on the London Stock Exchange, in line with its stated policy of using the trust to manage dilution arising from employee share plans. Following this tran...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.