# RWS Holdings Plc (RWS.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Industrials / Professional Services. Price 123p, market value 456 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). RWS Holdings Plc reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.6×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 4.9×**. Enterprise value is 4.9× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 26.2%** (5-yr avg 0.1%). Free cash flow equals 26.2% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 41.3%**. RWS Holdings Plc keeps 41.3% of revenue after the direct cost of what it sells.
- **Operating margin: 7.0%**. 7.0% of revenue is left after running the business.
- **Net margin: -14.5%**. The company reported a net loss over the last twelve months.
- **Return on equity: -13.1%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 12.2%**. Return on all capital, debt included, is 12.2%.
- **Return on assets: -6.8%**. Each dollar of assets produces -6.8% of profit.

## Growth
- **Revenue growth (1 yr): -3.9%** (3-yr -2.7%/yr, 5-yr 14.2%/yr). Revenue fell 3.9% over the last year, against 14.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -307.7%**. Earnings per share fell 307.7%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -14.1%/yr**. Free cash flow has compounded at -14.1% a year over three years.

## Financial health
- **Debt to equity: 0.11**. Debt is 0.11 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.5×**. It would take 0.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 8.8×**. Operating profit covers interest 8.8× over, a safe margin.
- **Current ratio: 1.50** (quick 1.50). Current assets cover the next year's liabilities 1.50 times.
- **Altman Z-score: 2.81**. A Z-score of 2.81 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.32%** (0p per share, trailing). RWS Holdings Plc yields 5.32%, an income-level yield.
- **Consecutive years of increases: 22**. 22 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 7.3%/yr** (1-yr 1.6%). The dividend has grown 7.3% a year over five years.
- **Shareholder yield: 5.3%**. Dividends plus net buybacks return 5.3% of the market value a year.

## Analyst view
- **Analyst consensus: strong_buy** (4 analysts). 4 analysts cover RWS Holdings Plc; the consensus is strong_buy, with an average price target of 170p (+38% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 29.9%** (YTD 41.3%, 3-mo 16.8%). The shares are up 29.9% over twelve months including dividends.
- **From 52-week high: -3.5%** (80.6% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 63**. An RSI of 63 is neutral.
- **Beta (1 yr): 0.26** (volatility 50%). Beta of 0.26 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=RWS.L · Page: https://foliofundamentals.com/stocks/rws.l

Not investment advice.