RELX PLC (RDEB.DE) Stock Fundamental Analysis
FRA:RDEB - Deutsche Boerse Ag - GB00B2B0DG97 - Common Stock - Currency: EUR
Taking everything into account, RDEB scores 6 out of 10 in our fundamental rating. RDEB was compared to 32 industry peers in the Professional Services industry. While RDEB belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. RDEB is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
RDEB had positive earnings in the past year.
In the past year RDEB had a positive cash flow from operations.
In the past 5 years RDEB has always been profitable.
Each year in the past 5 years RDEB had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 12.78%, RDEB belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
RDEB has a Return On Equity of 55.56%. This is amongst the best in the industry. RDEB outperforms 93.33% of its industry peers.
With an excellent Return On Invested Capital value of 21.31%, RDEB belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
RDEB had an Average Return On Invested Capital over the past 3 years of 19.62%. This is significantly above the industry average of 10.46%.
The 3 year average ROIC (19.62%) for RDEB is below the current ROIC(21.31%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.78% | ||
| ROE | 55.56% | ||
| ROIC | 21.31% |
ROA(3y)11.68%
ROA(5y)10.86%
ROE(3y)50.1%
ROE(5y)50.83%
ROIC(3y)19.62%
ROIC(5y)17.26%
1.3 Margins
Looking at the Profit Margin, with a value of 20.50%, RDEB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
RDEB's Profit Margin has been stable in the last couple of years.
RDEB has a Operating Margin of 29.87%. This is amongst the best in the industry. RDEB outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of RDEB has grown nicely.
RDEB has a Gross Margin (65.02%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of RDEB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.87% | ||
| PM (TTM) | 20.5% | ||
| GM | 65.02% |
OM growth 3Y5.02%
OM growth 5Y2.69%
PM growth 3Y0.32%
PM growth 5Y1.41%
GM growth 3Y0.2%
GM growth 5Y0%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), RDEB is creating value.
The number of shares outstanding for RDEB has been reduced compared to 1 year ago.
The number of shares outstanding for RDEB has been reduced compared to 5 years ago.
RDEB has a better debt/assets ratio than last year.
2.2 Solvency
RDEB has an Altman-Z score of 4.88. This indicates that RDEB is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.88, RDEB belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Debt to FCF ratio of RDEB is 3.08, which is a good value as it means it would take RDEB, 3.08 years of fcf income to pay off all of its debts.
RDEB's Debt to FCF ratio of 3.08 is fine compared to the rest of the industry. RDEB outperforms 80.00% of its industry peers.
A Debt/Equity ratio of 1.69 is on the high side and indicates that RDEB has dependencies on debt financing.
RDEB's Debt to Equity ratio of 1.69 is on the low side compared to the rest of the industry. RDEB is outperformed by 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 3.08 | ||
| Altman-Z | 4.88 |
ROIC/WACC2.42
WACC8.79%
2.3 Liquidity
RDEB has a Current Ratio of 0.52. This is a bad value and indicates that RDEB is not financially healthy enough and could expect problems in meeting its short term obligations.
RDEB has a Current ratio of 0.52. This is amonst the worse of the industry: RDEB underperforms 83.33% of its industry peers.
A Quick Ratio of 0.47 indicates that RDEB may have some problems paying its short term obligations.
With a Quick ratio value of 0.47, RDEB is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
RDEB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.08%, which is quite good.
RDEB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.94% yearly.
The Revenue has been growing slightly by 2.98% in the past year.
The Revenue has been growing slightly by 3.68% on average over the past years.
EPS 1Y (TTM)10.08%
EPS 3Y10.76%
EPS 5Y5.94%
EPS Q2Q%6.12%
Revenue 1Y (TTM)2.98%
Revenue growth 3Y9.2%
Revenue growth 5Y3.68%
Sales Q2Q%2.81%
3.2 Future
RDEB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.06% yearly.
RDEB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.52% yearly.
EPS Next Y10.3%
EPS Next 2Y10.68%
EPS Next 3Y10.18%
EPS Next 5Y8.06%
Revenue Next Year4.92%
Revenue Next 2Y6.06%
Revenue Next 3Y5.99%
Revenue Next 5Y5.52%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 38.03, the valuation of RDEB can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as RDEB.
RDEB's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.45.
The Price/Forward Earnings ratio is 28.62, which means the current valuation is very expensive for RDEB.
60.00% of the companies in the same industry are cheaper than RDEB, based on the Price/Forward Earnings ratio.
RDEB is valuated rather expensively when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.03 | ||
| Fwd PE | 28.62 |
4.2 Price Multiples
66.67% of the companies in the same industry are cheaper than RDEB, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, RDEB is valued a bit more expensive than the industry average as 63.33% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.75 | ||
| EV/EBITDA | 21.49 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates RDEB does not grow enough to justify the current Price/Earnings ratio.
RDEB has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.69
PEG (5Y)6.41
EPS Next 2Y10.68%
EPS Next 3Y10.18%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.62%, RDEB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.76, RDEB has a dividend in line with its industry peers.
RDEB's Dividend Yield is slightly below the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
5.2 History
On average, the dividend of RDEB grows each year by 6.76%, which is quite nice.
Dividend Growth(5Y)6.76%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
57.96% of the earnings are spent on dividend by RDEB. This is a bit on the high side, but may be sustainable.
The dividend of RDEB is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP57.96%
EPS Next 2Y10.68%
EPS Next 3Y10.18%
FRA:RDEB (7/4/2025, 7:00:00 PM)
45.26
-0.02 (-0.04%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners55.82%
Inst Owner ChangeN/A
Ins Owners0.13%
Ins Owner ChangeN/A
Market Cap82.89B
Analysts80.83
Price Target53.48 (18.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
Yearly Dividend0.7
Dividend Growth(5Y)6.76%
DP57.96%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.13%
PT rev (3m)-2.31%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.03 | ||
| Fwd PE | 28.62 | ||
| P/S | 7.6 | ||
| P/FCF | 33.75 | ||
| P/OCF | 27.49 | ||
| P/B | 20.59 | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.49 |
EPS(TTM)1.19
EY2.63%
EPS(NY)1.58
Fwd EY3.49%
FCF(TTM)1.34
FCFY2.96%
OCF(TTM)1.65
OCFY3.64%
SpS5.96
BVpS2.2
TBVpS-4.99
PEG (NY)3.69
PEG (5Y)6.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.78% | ||
| ROE | 55.56% | ||
| ROCE | 29.93% | ||
| ROIC | 21.31% | ||
| ROICexc | 21.56% | ||
| ROICexgc | N/A | ||
| OM | 29.87% | ||
| PM (TTM) | 20.5% | ||
| GM | 65.02% | ||
| FCFM | 22.51% |
ROA(3y)11.68%
ROA(5y)10.86%
ROE(3y)50.1%
ROE(5y)50.83%
ROIC(3y)19.62%
ROIC(5y)17.26%
ROICexc(3y)19.99%
ROICexc(5y)17.54%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)26.52%
ROCE(5y)23.2%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y14.95%
ROICexc growth 5Y2.9%
OM growth 3Y5.02%
OM growth 5Y2.69%
PM growth 3Y0.32%
PM growth 5Y1.41%
GM growth 3Y0.2%
GM growth 5Y0%
F-Score9
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 3.08 | ||
| Debt/EBITDA | 1.64 | ||
| Cap/Depr | 61.81% | ||
| Cap/Sales | 5.13% | ||
| Interest Coverage | 10.97 | ||
| Cash Conversion | 72.42% | ||
| Profit Quality | 109.82% | ||
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 4.88 |
F-Score9
WACC8.79%
ROIC/WACC2.42
Cap/Depr(3y)59.17%
Cap/Depr(5y)53.4%
Cap/Sales(3y)5.14%
Cap/Sales(5y)5.04%
Profit Quality(3y)113.75%
Profit Quality(5y)111.24%
High Growth Momentum
Growth
EPS 1Y (TTM)10.08%
EPS 3Y10.76%
EPS 5Y5.94%
EPS Q2Q%6.12%
EPS Next Y10.3%
EPS Next 2Y10.68%
EPS Next 3Y10.18%
EPS Next 5Y8.06%
Revenue 1Y (TTM)2.98%
Revenue growth 3Y9.2%
Revenue growth 5Y3.68%
Sales Q2Q%2.81%
Revenue Next Year4.92%
Revenue Next 2Y6.06%
Revenue Next 3Y5.99%
Revenue Next 5Y5.52%
EBIT growth 1Y6.9%
EBIT growth 3Y14.69%
EBIT growth 5Y6.47%
EBIT Next Year26.45%
EBIT Next 3Y13.05%
EBIT Next 5Y11.07%
FCF growth 1Y7.27%
FCF growth 3Y8.15%
FCF growth 5Y4.44%
OCF growth 1Y6.15%
OCF growth 3Y8.96%
OCF growth 5Y4.54%