Want to see GB:RCN full AI Analyst Report?
Top Page
Redcentric
(LSE:RCN)
Select Model
Select Model
Rating:70Neutral
Price Target:
101.00 p
▼(-2.88% Downside)
Action:Reiterated
Date:10/01/26
The score is supported mainly by improving financial performance (profitability rebound and consistently positive cash flow) and a very low P/E valuation. These positives are partially offset by weak technicals, with the stock trading below key moving averages and negative MACD despite oversold readings.
Positive Factors
Resilient Cash Generation
Consistently positive operating and free cash flow, including in loss-making years, indicates the business can generate liquidity through weaker earnings periods. The sharp 2026 free-cash-flow acceleration further supports funding capacity and resilience over the coming quarters.
Negative Factors
Uneven Revenue Trend
The pattern of strong growth, followed by contraction and then recovery, shows that demand and expansion are not consistently predictable. Uneven revenue progression can make planning harder and may limit operating leverage if growth does not remain sustained.
Read all positive and negative factors
Positive Factors
Negative Factors
Resilient Cash Generation
Consistently positive operating and free cash flow, including in loss-making years, indicates the business can generate liquidity through weaker earnings periods. The sharp 2026 free-cash-flow acceleration further supports funding capacity and resilience over the coming quarters.
Read all positive factors
Redcentric (RCN) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£87.00M
Dividend Yield0.15%
Average Volume (3M)91.37K
Price to Earnings (P/E)2.1
Beta (1Y)-0.07
Revenue Growth-2.33%
EPS Growth244.80%
CountryUK
Employees654
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)0.41
Shares Outstanding101,551,346
10 Day Avg. Volume151,743
30 Day Avg. Volume91,366
Financial Highlights & Ratios
PEG Ratio-0.60
Price to Book (P/B)2.80
Price to Sales (P/S)1.37
P/FCF Ratio9.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.06
Revenue Forecast (FY)£137.00M
Redcentric Business Overview & Revenue Model
Company Description
Redcentric plc delivers an extensive portfolio of managed information technology services to both public and private sector clients across the United Kingdom. Its core offerings span various critical areas, starting with networking solutions that ...
How the Company Makes Money
Redcentric makes money primarily by selling recurring managed services and connectivity contracts to organisations, typically under multi-month or multi-year agreements. Key revenue streams generally include: (1) Managed IT and cloud services—mont...
Redcentric Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
64
Positive
Cash Flow
78
Positive
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 131.99M | 135.14M | 163.15M | 141.67M | 93.33M |
| Gross Profit | 78.39M | 83.28M | 118.03M | 92.14M | 52.58M |
| EBITDA | 19.92M | 29.36M | 29.55M | 14.89M | 20.90M |
| Net Income | 12.12M | 3.49M | -3.44M | -9.25M | 6.94M |
Balance Sheet | |||||
| Total Assets | 196.68M | 173.45M | 184.51M | 195.42M | 122.57M |
| Cash, Cash Equivalents and Short-Term Investments | 4.71M | 3.02M | 3.13M | 1.37M | 1.80M |
| Total Debt | 43.40M | 45.46M | 75.50M | 74.33M | 18.45M |
| Total Liabilities | 131.91M | 119.99M | 130.02M | 137.23M | 50.72M |
| Stockholders Equity | 64.78M | 53.45M | 54.48M | 58.19M | 71.85M |
Cash Flow | |||||
| Free Cash Flow | 18.52M | 20.10M | 12.24M | 6.01M | 13.71M |
| Operating Cash Flow | 25.18M | 29.77M | 22.98M | 12.38M | 16.48M |
| Investing Cash Flow | -7.10M | -11.36M | -11.63M | -32.98M | -7.44M |
| Financing Cash Flow | -16.32M | -18.50M | -9.48M | 18.49M | -12.51M |
Redcentric Technical Analysis
Negative
104.00
Price Trends
99.14
Negative
111.55
Negative
115.89
Negative
Market Momentum
-4.08
Positive
32.19
Neutral
18.43
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:RCN, the sentiment is Negative. The current price of 104 is above the 20-day moving average (MA) of 93.96, above the 50-day MA of 99.14, and below the 200-day MA of 115.89, indicating a bearish trend. The MACD of -4.08 indicates Positive momentum. The RSI at 32.19 is Neutral, neither overbought nor oversold. The STOCH value of 18.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:RCN.
Redcentric Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | £66.30M | 38.27 | 35.58% | 2.37% | 15.70% | -4.34% | |
73 Outperform | £73.52M | 21.03 | 20.21% | ― | 26.81% | 150.54% | |
70 Neutral | £87.00M | 2.14 | 20.35% | 0.15% | -2.33% | 244.80% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | £110.84M | 44.74 | 4.84% | 6.77% | -25.95% | -83.91% | |
56 Neutral | £77.90M | -122.79 | -1.49% | 2.07% | 0.98% | 93.91% | |
48 Neutral | £14.77M | -13.08 | -8.28% | 7.06% | -13.26% | 78.47% |
* Technology Sector Average
GB:RCN
Redcentric
88.00
-51.00
-36.69%
GB:TIA
IDE Group Holdings Plc
36.50
-26.00
-41.60%
GB:FDM
FDM Group (Holdings)
102.00
-24.39
-19.29%
GB:TRD
Triad Group plc
380.00
88.08
30.17%
GB:TPX
TPXimpact Holdings PLC
83.50
67.25
413.85%
GB:MTEC
Made Tech Group PLC
49.00
16.50
50.77%
Redcentric Corporate Events
Stock BuybackRegulatory Filings and Compliance
Redcentric Advances Share Buyback, Tightens Voting Share Base
Positive
Sep 29, 2026
Redcentric plc has continued its previously announced share buyback programme with the repurchase of 110,000 ordinary shares on 28 September 2026, at a price of 94.64 pence per share, to be held in treasury. The move maintains the company’s ...
Financial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
Redcentric Publishes 2026 Annual Report and Sets AGM Date
Neutral
Sep 29, 2026
Redcentric plc has published its Annual Report and Accounts for the year ended 31 March 2026, which are now available on the company’s website for shareholders and other stakeholders. The notice of the company’s Annual General Meeting ...
Business Operations and StrategyStock BuybackDividendsFinancial DisclosuresM&A TransactionsPrivate Placements and Financing
Redcentric Reshapes Balance Sheet and Strategy After Solid FY26
Positive
Sep 28, 2026
Redcentric reported full-year 2026 results broadly in line with market expectations, with revenue dipping 2.3% to £132m and adjusted EBITDA down 7.4% to £17.4m, while recurring revenue remained high at nearly 90% and underlying annual re...
Business Operations and StrategyStock Buyback
Redcentric Advances Share Buyback, Tightens Free Float
Positive
Sep 25, 2026
Redcentric plc has continued to execute its previously announced share buyback programme with the repurchase of 80,000 ordinary shares on 24 September 2026 at a price of 94.89 pence per share, with all shares to be held in Treasury. Following this...
Stock BuybackRegulatory Filings and Compliance
Redcentric Advances Share Buyback, Updates Voting Share Capital
Positive
Sep 24, 2026
Redcentric plc has repurchased 80,000 ordinary shares at 95.94 pence each under its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction, the company’s issued share capital remains 103,071,740 s...
Business Operations and StrategyStock Buyback
Redcentric Continues Share Buyback, Holding Additional Shares in Treasury
Positive
Sep 23, 2026
Redcentric plc has continued its previously announced share buyback programme by repurchasing 35,029 ordinary shares on 22 September 2026 at a price of 97.35 pence per share, with the shares to be held in treasury. Following this transaction, the ...
Business Operations and StrategyStock Buyback
Redcentric Expands Treasury Stock Through Ongoing Share Buyback
Positive
Sep 22, 2026
Redcentric plc has continued its previously announced share buyback programme, repurchasing 49,739 ordinary shares at a price of 97.90 pence each on 21 September 2026 to be held in treasury. The transaction, executed via its broker Cavendish Capit...
Business Operations and StrategyStock Buyback
Redcentric Adds to Treasury Stock in Ongoing Share Buyback
Neutral
Sep 21, 2026
Redcentric plc has continued its previously announced share buyback programme with the repurchase of 59,261 ordinary shares on 18 September 2026 at a price of 98 pence per share, with all shares to be held in treasury. The transaction was executed...
Business Operations and StrategyFinancial Disclosures
Redcentric schedules final results and widens investor outreach
Neutral
Sep 21, 2026
Redcentric plc has announced it will publish its audited final results for the year ended 31 March 2026 on 28 September 2026. The timing of the release sets the stage for the market to assess the Group’s recent performance and strategic prog...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Redcentric Secures Higher-Than-Expected Proceeds from Data Centre Sale
Positive
Sep 18, 2026
Redcentric plc, a UK IT managed services specialist, has completed the disposal of its subsidiary Redcentric Data Centres Limited to Stellanor Datacenters Group Limited. The transaction, originally expected to yield £122.85 million in cash, r...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Redcentric Adds to Treasury Stock with Latest Share Buyback
Positive
Sep 18, 2026
Redcentric plc has repurchased 70,000 ordinary shares at 98.80p each under its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction, the company’s issued share capital remains 103,071,740 shares...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Redcentric Tightens Free Float with Further Treasury Share Buyback
Positive
Sep 16, 2026
Redcentric plc has continued its share buyback programme with the repurchase of 65,000 ordinary shares on 15 September 2026 at a price of 99.98 pence per share, to be held in treasury. The transaction was executed via its broker, Cavendish Capital...
Business Operations and StrategyStock Buyback
Redcentric adds to Treasury stock as share buyback programme continues
Positive
Sep 15, 2026
Redcentric plc has continued its previously announced share buyback programme with the repurchase of 21,100 ordinary shares on 14 September 2026 at a price of 99.15 pence per share, with the shares to be held in Treasury. Following this transactio...
Business Operations and StrategyStock Buyback
Redcentric Advances Share Buyback, Tightens Voting Share Base
Positive
Sep 14, 2026
Redcentric plc has continued to execute its share buyback programme, repurchasing 13,543 ordinary shares on 11 September 2026 at a price of 99.40p per share, to be held in treasury. Following this transaction, the company’s issued share capi...
Business Operations and StrategyStock Buyback
Redcentric Adds to Treasury Stock Under Ongoing Share Buyback Programme
Positive
Sep 11, 2026
Redcentric plc has continued to execute its previously announced share buyback programme with the purchase of 37,512 ordinary shares on 10 September 2026 at a price of 99.68 pence per share, to be held in treasury. The transaction leaves the compa...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Redcentric Boosts Treasury Stock with Latest Share Buyback
Positive
Sep 10, 2026
Redcentric plc, a leading UK IT managed services provider listed on AIM, delivers outsourced IT infrastructure, connectivity, and cloud solutions to corporate and public sector clients. Its recurring service-based business model and role in UK net...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Redcentric Continues Treasury Share Buybacks Under Capital Management Programme
Positive
Sep 9, 2026
Redcentric plc has continued to execute its previously announced share buyback programme, repurchasing 25,387 ordinary shares on 8 September 2026 at a price of 101.49 pence per share, with all shares to be held in treasury. The transaction leaves ...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Redcentric Buys Back Shares, Tightens Voting Capital Base
Positive
Sep 7, 2026
Redcentric plc has continued its previously announced share buyback programme by purchasing 50,000 ordinary shares on 4 September 2026 at a price of 102.85p per share, with all shares to be held in treasury. Following this transaction, the company...
Business Operations and StrategyStock Buyback
Redcentric Advances Share Buyback, Lifting Treasury Holdings
Positive
Sep 4, 2026
Redcentric plc has continued to execute its previously announced share buyback programme with the repurchase of 50,000 ordinary shares at 102 pence each on 3 September 2026. These shares will be held in treasury, and the transaction was carried ou...
Business Operations and StrategyStock Buyback
Redcentric Adds to Treasury Stock in Ongoing Share Buyback Programme
Positive
Sep 3, 2026
Redcentric plc has repurchased 42,105 ordinary shares at a price of 103.12 pence per share under its share buyback programme announced last month. The shares will be held in treasury, and the transaction underscores the company’s ongoing cap...
Stock BuybackRegulatory Filings and Compliance
Redcentric Advances Share Buyback, Adjusts Voting Share Capital
Positive
Aug 27, 2026
Redcentric has continued to execute its previously announced share buyback programme with the purchase of 32,239 ordinary shares on 26 August 2026, at a price of 102.89 pence per share, to be held in treasury. Following this transaction, the compa...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Redcentric Advances Share Buyback, Updates Voting Capital
Positive
Aug 26, 2026
Redcentric plc has continued its previously announced share buyback programme with the repurchase of 48,730 ordinary shares on 25 August 2026 at a price of 105.10 pence per share. These shares will be held in Treasury, reflecting the group’s...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Redcentric Continues Share Buyback, Reducing Free Float
Positive
Aug 25, 2026
Redcentric plc has continued its previously announced share buyback programme with the repurchase of 45,296 ordinary shares on 24 August 2026 at a price of 106.39 pence per share, which will be held in Treasury. Following this transaction, the com...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Redcentric Continues Share Buyback, Updates Voting Share Capital
Positive
Aug 24, 2026
Redcentric plc has continued executing its previously announced share buyback programme, repurchasing 46,752 ordinary shares at a price of 107.64p per share on 21 August 2026, with the shares to be held in treasury. Following this transaction, the...
Stock BuybackRegulatory Filings and Compliance
Redcentric Advances Share Buyback, Updates Voting Share Capital
Positive
Aug 21, 2026
Redcentric plc has continued to execute its recently announced share buyback programme, purchasing 48,179 ordinary shares on 20 August 2026 at a price of 108.08p per share, to be held in treasury. Following this transaction, the company’s is...
Other
Redcentric clarifies director‑linked share transfers and confirms Kestrel’s near‑20% stake
Neutral
Aug 20, 2026
Redcentric plc has disclosed changes in the shareholdings linked to non‑executive director Oliver Scott, following the transfer of 65,480 ordinary shares out of Kestrel Partners LLP’s discretionary management as part of client portfoli...
Business Operations and StrategyStock Buyback
Redcentric Advances Share Buyback as Treasury Holdings Rise
Positive
Aug 20, 2026
Redcentric plc has continued execution of its share buyback programme, purchasing 46,524 ordinary shares on 19 August 2026 at a price of 108.96 pence per share, with all shares to be held in treasury. The transaction was carried out through its br...
Business Operations and StrategyStock Buyback
Redcentric Adds to Treasury Stock with Latest Share Buyback
Positive
Aug 19, 2026
Redcentric plc has repurchased 44,870 ordinary shares at 107.45p each under its recently announced share buyback programme, and these shares will be held in Treasury. Following this transaction, the company’s issued share capital remains 103...
Business Operations and StrategyStock Buyback
Redcentric Advances Share Buyback, Tightens Voting Share Capital
Positive
Aug 18, 2026
Redcentric plc has continued to execute its previously announced share buyback programme, purchasing 44,797 ordinary shares on 17 August 2026 at a price of 107.70 pence per share to be held in treasury. Following this transaction, the company̵...
Business Operations and StrategyStock Buyback
Redcentric Advances Share Buyback, Adjusts Voting Share Capital
Positive
Aug 14, 2026
Redcentric has continued to execute its recently announced share buyback programme, purchasing 24,097 ordinary shares on 13 August 2026 at a price of 103.49 pence per share to be held in treasury. Following this transaction, the company’s is...
Business Operations and StrategyStock Buyback
Redcentric Advances Treasury Share Buyback Under August Programme
Positive
Aug 12, 2026
Redcentric has executed a share buyback transaction as part of the programme announced on 11 August 2026, repurchasing 15,807 ordinary shares at a price of 98.4 pence per share to be held in treasury. The deal was carried out through its broker, C...
Business Operations and StrategyRegulatory Filings and Compliance
Redcentric Updates Share Capital Following Employee Option Exercise
Neutral
Aug 11, 2026
Redcentric plc has confirmed the exercise of employee share options over 5,601 ordinary shares under its 2014 Save As You Earn Option Plan, reflecting ongoing participation in its employee incentivisation scheme. To meet this exercise, the company...
Business Operations and StrategyStock BuybackDividendsM&A Transactions
Redcentric Launches £1.5m Buyback as Data Centre Sale Nears Completion
Positive
Aug 11, 2026
Redcentric plc has launched a share buyback programme of up to £1.5 million, to be conducted in the open market and independently managed by its broker Cavendish Capital Markets. The repurchased shares will be held in treasury, and given the ...
Stock BuybackRegulatory Filings and Compliance
Redcentric Updates Treasury Holdings and Voting Rights After Share Restructure
Neutral
Aug 6, 2026
Redcentric plc has completed the purchase of 26,660 Ordinary Shares representing aggregate fractional entitlements arising from its recent share capital restructuring, acquiring these fractional shares into treasury at a price of 160p per share. T...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Redcentric Directors and Major Shareholders Adjust Stakes After Tender Offer
Neutral
Aug 5, 2026
Redcentric plc, a leading UK IT managed services provider listed on AIM, delivers network, cloud and hosting solutions that support corporate and public-sector digital infrastructure. Its shareholder base includes director-associated investment fi...
Business Operations and StrategyRegulatory Filings and Compliance
Redcentric Finalises Share Capital Restructure and Clarifies Voting Rights
Neutral
Jul 29, 2026
Redcentric plc has issued and allotted seven new ordinary shares to director Richard McGuire as part of a wider share capital restructure designed to make the total number of ordinary shares exactly divisible by 20. This small issuance forms part ...
Stock BuybackDelistings and Listing Changes
Redcentric Returns £90m via Oversubscribed Tender Offer and Restructures Share Capital
Positive
Jul 22, 2026
Redcentric has completed a heavily oversubscribed tender offer to buy back up to 56,250,000 ordinary shares at £1.60 per share, returning £90 million to shareholders and reducing its free float. Shareholders tendering within their basic ...
Business Operations and StrategyStock BuybackShareholder Meetings
Redcentric shareholders back £90m tender offer and expanded buyback plan
Positive
Jul 7, 2026
Redcentric has secured strong shareholder backing at its General Meeting in Harrogate, with four special resolutions overwhelmingly approved by poll. The measures centre on a tender offer of up to £90 million, supported by authorities for sig...
Business Operations and StrategyStock BuybackStock Split
Redcentric Completes Capital Reduction and Sets Tender Offer Timetable
Neutral
Jul 7, 2026
Redcentric has confirmed that its court-approved capital reduction is now effective, with no change to the number of shares admitted to trading. The move is part of a broader capital restructuring aimed at facilitating a tender offer and subsequen...
Business Operations and StrategyStock Buyback
Redcentric Wins Court Approval for Capital Reduction Ahead of £90m Tender Offer
Positive
Jul 2, 2026
Redcentric has secured court approval for a capital reduction, a key step enabling its previously announced plan to return up to £90 million in cash to shareholders via a tender offer. The reduction, which will not alter the number of shares ...
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.