Ramsdens Holdings (RFX) AI Stock Analysis

• Market Cap: £113.02M
• Dividend Yield: 4.34%
• Average Volume (3M): 120.87K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 0.20
• Revenue Growth: 16.79%
• EPS Growth: 26.31%
• Country: UK
• Employees: 827
• Sector: Industrials
• Sector Strength: 90
• Industry: Conglomerates
• EPS (TTM): 0.14
• Shares Outstanding: 32,292,780
• 10 Day Avg. Volume: 172,584
• 30 Day Avg. Volume: 120,873
• PEG Ratio: <0.01
• Price to Book (P/B): 1.41
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 643.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 79 Outperform
• Price Target: 378.00p ▲(8.00%Upside)

Ramsdens Holdings achieves a strong overall score due to its robust financial performance and strategic corporate initiatives, which are bolstered by favorable market conditions, particularly in precious metals. While the technical analysis indicates potential overbought conditions, the company's sound valuation and positive corporate events lend confidence to its growth prospects.

Ramsdens Holdings Business Overview & Revenue Model

Company Description

Ramsdens Holdings PLC provides various financial services in the United Kingdom and internationally. It operates through four segments: Foreign Currency Exchange, Pawnbroking, Purchase of Precious Metals, and Jewellery Retail. The company engages in the sale and purchase of foreign currency notes to holidaymakers, as well as offers prepaid travel cards and international bank-to-bank payments; and provision of pawnbroking and related financial services. It also provides precious metals buying and selling services; and retails new and second-hand jewelry. As of September 30, 2021, the company operated through 154 stores, including three franchised stores, as well as through online channel. Ramsdens Holdings PLC was incorporated in 2013 and is headquartered in Middlesbrough, the United Kingdom.

How the Company Makes Money

Ramsdens Holdings generates revenue through multiple streams. The primary revenue source is its foreign currency exchange services, where the company earns from the margin between buying and selling currencies. Pawnbroking represents another key revenue stream, earning interest on secured loans against customer collateral. Additionally, Ramsdens profits from buying and selling precious metals, leveraging market fluctuations to earn a margin on these transactions. The retail operations, which include the sale of second-hand and new jewelry, provide additional income, benefiting from competitive pricing and customer demand. Ramsdens also expands its revenue through strategic partnerships with financial service providers and leveraging its branch network to reach a broad customer base.

Ramsdens Holdings Financial Statement Overview

Summary

Ramsdens Holdings displays strong financial health, with impressive revenue growth, robust profit margins, and excellent cash flow management. The balance sheet shows commendable financial stability and prudent leverage, though careful monitoring of debt levels is advisable.

Income Statement

Ramsdens Holdings shows strong revenue growth with a 14.07% increase from the previous year. The gross profit margin stands at 53.91%, and the net profit margin is 8.68%, indicating healthy profitability. The EBIT margin is 13.04%, and the EBITDA margin is 17.28%, both of which reflect robust operational efficiency. Overall, the company demonstrates a positive growth trajectory and profitability in its income statement.

Balance Sheet

The company maintains a solid balance sheet with a low debt-to-equity ratio of 0.34, reflecting conservative leverage. The return on equity is 15.48%, showcasing efficient use of equity to generate profits. The equity ratio is 65.62%, indicating strong financial stability. While the company shows strengths in stability and leverage, continuous monitoring of debt levels is advisable.

Cash Flow

Ramsdens Holdings reports a significant free cash flow growth rate of 1558.32%, highlighting improved cash generation. The operating cash flow to net income ratio is 1.43, and the free cash flow to net income ratio is 1.12, both suggesting efficient cash flow management. The cash flow statement reflects a solid position in cash generation and liquidity.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
95.61M	83.81M	66.10M	40.68M	72.49M
	Gross Profit
51.53M	45.76M	34.53M	18.79M	41.14M
	EBIT
12.46M	10.93M	9.09M	-443.00K	7.29M
	EBITDA
16.52M	14.68M	12.78M	3.02M	13.30M
	Net Income Common Stockholders
8.30M	7.76M	6.59M	366.00K	7.12M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
15.78M	13.02M	15.28M	13.03M	15.87M
	Total Assets
81.69M	74.28M	68.32M	52.72M	52.41M
	Total Debt
18.07M	18.11M	16.40M	8.60M	9.10M
	Net Debt
2.28M	5.08M	1.12M	-4.43M	-6.77M
	Total Liabilities
28.08M	26.11M	26.47M	16.57M	16.85M
	Stockholders Equity
53.61M	48.17M	41.84M	36.14M	35.55M
Cash Flow		Free Cash Flow
9.30M	561.00K	92.00K	-553.00K	13.71M
	Operating Cash Flow
11.88M	3.28M	2.94M	1.08M	15.75M
	Investing Cash Flow
-3.21M	-3.00M	-3.75M	-1.63M	-2.04M
	Financing Cash Flow
-5.91M	-2.53M	3.06M	-2.30M	-11.26M

Ramsdens Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 350.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:RFX, the sentiment is Positive. The current price of 350 is above the 20-day moving average (MA) of 309.43, above the 50-day MA of 273.58, and above the 200-day MA of 232.52, indicating a bullish trend. The MACD of 20.83 indicates Negative momentum. The RSI at 75.70 is Negative, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:RFX.

Ramsdens Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RFX	79 Outperform	£113.02M	11.30	19.29%	4.34%	16.79%	26.31%
Sector *	66 Neutral	$4.52B	12.34	5.41%	3.62%	4.15%	-12.18%
CTG	65 Neutral	£38.20M	72.12	27.15%	0.02%	-8.33%	―
HSS		£51.42M	―	-1.50%	5.00%	―	―
SDY	64 Neutral	£113.22M	―	-1.79%	13.01%	-4.08%	29.90%
TRI	58 Neutral	£87.92M	―	-3.67%	0.02%	-4.90%	-21.83%
RWA	56 Neutral	£145.16M	29.69	-3.96%	16.04%	-16.16%	-145.46%

Ramsdens Holdings Corporate Events

Ramsdens Holdings Reports Record Interim Profits Amid High Gold Prices

Ramsdens Holdings PLC reported strong interim results for the six months ended 31 March 2025, with revenue increasing by 18% to £51.6m and profit before tax rising by 54% to a record £6.1m. The company’s performance was significantly boosted by a sustained high gold price, which drove a 53% increase in gross profit from its precious metals segment. The company also launched new dedicated websites for pawnbroking and gold buying, contributing to increased customer engagement. Despite increased employment costs, Ramsdens expects full-year profits to exceed £15m, reflecting its diversified business model and strong market positioning.

Ramsdens Holdings to Announce Interim Results and Host Investor Presentation

Ramsdens Holdings PLC has announced that it will release its Interim Results for the six months ending 31 March 2025 on 4 June 2025. The company will also hold a live investor presentation on 5 June 2025, led by CEO Peter Kenyon and CFO Martin Clyburn, to discuss these results. This presentation is accessible to all current and potential shareholders, allowing them to engage with the company’s leadership and gain insights into its financial performance and strategic direction.

Ramsdens Holdings PLC Announces Exercise of Options and Share Sale

Ramsdens Holdings PLC announced the exercise of employee options and the sale of new ordinary shares, involving key managerial figures. The exercise involved 246,150 options, with 171,000 shares sold by PDMRs at an average price of £2.52 per share. This move reflects the company’s ongoing commitment to its Long Term Incentive Plan, despite not all performance targets being met, and indicates a strategic adjustment in its capital structure as the shares are set to commence trading on AIM.

Ramsdens Holdings Launches New Long-Term Incentive Plan

Ramsdens Holdings PLC has announced the adoption of its Long-Term Incentive Plan 8, aimed at recognizing the contributions of its management team over the next three years. The plan includes potential conditional awards for five senior management members, with performance targets tied to Earnings per Share and Total Shareholder Return. The plan’s implementation reflects Ramsdens’ commitment to aligning management incentives with shareholder interests, potentially impacting the company’s operational focus and stakeholder confidence.

Ramsdens Holdings Exceeds Profit Expectations Amid Strong H1 FY25 Performance

Ramsdens Holdings PLC has announced a positive trading update for the first half of FY25, with profit before tax expected to exceed £13 million, surpassing previous expectations. This growth is attributed to strong performance across its core income streams, particularly in precious metals and jewellery retail, supported by high gold prices and new customer-focused websites. The company has also expanded its store network and launched new services, enhancing its market position and stakeholder value.

Ramsdens Holdings PLC Updates Registered Office Address

Ramsdens Holdings PLC has announced a change in its registered office address to Unit 16 Falcon Court, Preston Farm Industrial Estate, Stockton on Tees, TS18 3TS. This change is part of the company’s ongoing efforts to streamline its operations and enhance its corporate infrastructure, potentially impacting its operational efficiency and stakeholder engagement.

Ramsdens Holdings Director Increases Shareholding

Ramsdens Holdings PLC announced that Mark Smith, a director of its trading subsidiary and a person discharging managerial responsibility, acquired 1,831 ordinary shares in the company at a price of 218p per share, increasing his total holding to 36,324 shares. This transaction, conducted on the London Stock Exchange’s AIM, reflects confidence in the company’s operations and may influence stakeholder perceptions positively.

Ramsdens Holdings Cancels Share Options in Favor of Cash Bonuses

Ramsdens Holdings PLC announced the cancellation of options granted under the Company Share Option Plan to certain personnel of its trading subsidiary, affecting 110,000 ordinary shares. The board decided to replace these options with a cash bonus from the company’s reserves, aiming to benefit shareholders by limiting the shares in issue while rewarding management for business growth.