Added to YB: 2026-07-20
Pitch date: 2026-07-16
RWA.L [bullish]
Robert Walters plc
Author Info
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Company Info
Robert Walters plc, together with its subsidiaries, provides professional recruitment consultancy services worldwide.
Market Cap
GBP 67.7M
Pitch Price
N/A
Price Target
3.55
Dividend
N/A
EV/EBITDA
34.23
P/E
-2.53
EV/Sales
0.14
Sector
Professional Services
Category
turnaround
RWA back into profit
RWA.L: UK recruiter back to profit in 2Q26 as cyclical downturn bottoms; June returned to growth, NFI +21% YoY UK, outsourcing +9%. Headcount -11%, costs cut to £22.5m/mo = spring-loaded operating leverage. £17.2m cash (25% of £63.4m cap). Base case 355p fair value vs 95p; bear case 277p.
Read full article (6 min)