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Also trades as: RFX.L (LSE) · $vol 2M

RSDEF OTC

Ramsdens Holdings PLC
1W: +0.0% 1M: +5.3% 3M: +0.0% YTD: +6.7% 1Y: +0.0% 3Y: +11.7%
$2.39
+0.00 (+0.00%)
 
OTC · Financial Services · Banks - Regional · Tech Score Buy · Power 67 · $78.2M mcap · 25M float · 0.024% daily turnover
Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings
Analysis Technicals Weather Peers ESG Institutions Dark Pool Short Interest

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

A+
Oct 02, 2026
DCF
5
ROE
5
ROA
5
D/E
2
P/E
4
P/B
3
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. RSDEF receives an overall rating of A+. Strongest factors: DCF (5/5), ROE (5/5), ROA (5/5), P/E (4/5). Areas of concern: D/E (2/5).
Rating Change History
DateFromTo
2026-10-03 None ADDED
2026-10-03 EXISTED None
2026-09-29 None ADDED
2026-09-26 EXISTED None
2026-09-22 None ADDED
2026-09-19 EXISTED None
2026-09-15 None ADDED
2026-09-13 EXISTED None
2026-09-09 None ADDED
2026-09-06 EXISTED None

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ — Grade A
Profitability
78
Balance Sheet
89
Earnings Quality
42
Growth
81
Value
—
Momentum
77
Safety
—
Cash Flow
54

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman-B Score
22.66
Safe Zone
Piotroski F-Score
6/9
✓ ✓ ✓ ✗ ✓ ✓ ✗ ✗ ✓
Beneish M-Score
-1.32
Possible Manipulator
Ohlson O-Score
-9.58
Bankruptcy prob: 0.0%
Low Risk
Credit Rating
AA+
Score: 94.2/100
Trend: Improving
Earnings Quality
50/100
OCF/NI: 0.55x
Accruals: 15.1%
The Altman-B Score replaces the traditional Z-Score for banks and financial institutions. It weights equity-to-assets, return on assets, retained earnings, market value coverage, and cash reserves — metrics that better capture bank solvency than manufacturing-oriented ratios. RSDEF scores 22.66, placing it in the Safe Zone (safe > 3.0, distress < 1.5). Bankruptcy is statistically unlikely within the next two years. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. RSDEF scores 6/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. RSDEF's score of -1.32 exceeds the −1.78 red flag threshold — this does not confirm manipulation but indicates the earnings profile resembles past manipulators statistically. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. RSDEF's implied 0.0% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. RSDEF receives an estimated rating of AA+ (score: 94.2/100), with a improving trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). RSDEF's score of 50/100 is moderate — some divergence between reported earnings and underlying cash flows.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
10.38x
PEG
0.11x
P/S
1.39x
P/B
2.92x
P/FCF
—
P/OCF
—
EV/EBITDA
—
EV/Revenue
—
EV/EBIT
—
EV/FCF
—
Earnings Yield
—
FCF Yield
—
Shareholder Yield
—
Graham Number
$6.47
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 10.4x earnings, RSDEF trades at a reasonable valuation. Graham's intrinsic value formula yields $6.47 per share, suggesting a potential 170% margin of safety at the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.734
NI / EBT
×
Interest Burden
0.955
EBT / EBIT
×
EBIT Margin
0.167
EBIT / Rev
×
Asset Turnover
2.841
Rev / Assets
×
Equity Multiplier
1.506
Assets / Equity
=
ROE
50.2%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. RSDEF's ROE of 50.2% is driven by Asset Turnover (2.841), indicating efficient use of assets to generate revenue.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
15.00%
Fair P/E
38.50x
Intrinsic Value
$34.10
Price/Value
—
Margin of Safety
—
Premium
—
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with RSDEF's realized 15.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. RSDEF trades at a premium to its adjusted intrinsic value of $34.10, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 38.5x compares to the current market P/E of 10.4x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 829 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$2.39
Median 1Y
$2.79
5th Pctile
$1.59
95th Pctile
$4.88
Ann. Volatility
33.6%
25th–75th percentile 5th–95th percentile Median path Historical
All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
ROE 11.6% 17.8% 26.1% 32.3% 33.6% 36.1% 36.4% 50.2% 50.22%
ROA 7.1% 11.3% 17.0% 20.3% 21.4% 24.4% 24.4% 33.3% 33.34%
ROIC 11.9% 17.1% 24.9% 30.4% 30.9% 33.5% 33.5% 40.6% 40.63%
ROCE 12.8% 20.4% 30.2% 38.0% 37.3% 40.9% 42.1% 54.2% 54.20%
Gross Margin 56.0% 48.1% 51.9% 51.5% 55.9% 52.5% 51.6% 47.8% 47.84%
Operating Margin 17.3% 10.2% 14.9% 10.3% 15.4% 12.7% 16.2% 20.5% 20.47%
Net Margin 13.1% 7.3% 11.0% 6.5% 10.5% 8.6% 11.4% 14.7% 14.65%
EBITDA Margin 22.4% 14.7% 19.3% 12.1% 21.6% 14.7% 21.0% 21.5% 21.52%
FCF Margin 4.2% 1.5% 1.7% 3.5% 5.5% 7.7% 6.8% 5.2% 5.19%
OCF Margin 9.7% 6.2% 5.7% 7.2% 8.5% 10.0% 8.5% 6.4% 6.40%
ROIC Economic snapshot only 36.90%
Cash ROA snapshot only 15.92%
Cash ROIC snapshot only 21.18%
CROIC snapshot only 17.17%
NOPAT Margin snapshot only 12.28%
Pretax Margin snapshot only 15.98%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 10.85%
SBC / Revenue snapshot only 0.41%
Valuation
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
P/E Ratio — — — — — — — — 10.377
P/S Ratio — — — — — — — — 1.388
P/B Ratio — — — — — — — — 2.919
P/FCF — — — — — — — — —
P/OCF — — — — — — — — —
EV/EBITDA — — — — — — — — —
EV/Revenue — — — — — — — — —
EV/EBIT — — — — — — — — —
EV/FCF — — — — — — — — —
Earnings Yield — — — — — — — — —
FCF Yield — — — — — — — — —
PEG Ratio snapshot only 0.107
Graham Number snapshot only $6.47
Leverage & Solvency
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Current Ratio 2.79 2.98 3.12 2.91 3.14 4.00 3.52 3.53 3.529
Quick Ratio 1.55 1.58 1.58 1.51 1.64 1.81 1.62 1.42 1.420
Debt/Equity 0.39 0.37 0.38 0.42 0.34 0.22 0.27 0.27 0.269
Net Debt/Equity 0.03 0.10 0.11 0.14 0.04 0.03 0.03 0.09 0.087
Debt/Assets 0.24 0.24 0.24 0.26 0.22 0.16 0.19 0.19 0.186
Debt/EBITDA 1.99 1.14 0.80 0.72 0.58 0.37 0.45 0.37 0.374
Net Debt/EBITDA 0.14 0.32 0.22 0.23 0.07 0.06 0.04 0.12 0.121
Interest Coverage 19.40 16.57 14.71 12.98 11.96 15.69 14.89 28.40 28.401
Equity Multiplier 1.63 1.57 1.54 1.59 1.52 1.41 1.45 1.45 1.447
Cash Ratio snapshot only 0.539
Debt Service Coverage snapshot only 33.980
Cash to Debt snapshot only 0.676
FCF to Debt snapshot only 0.694
Defensive Interval snapshot only 139.5 days
Efficiency & Turnover
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Asset Turnover 0.54 1.12 1.62 2.16 2.39 2.65 2.57 2.84 2.841
Inventory Turnover 0.71 1.56 2.10 2.90 3.28 3.25 2.97 3.17 3.173
Receivables Turnover 2.96 5.10 8.21 10.37 12.74 12.35 13.17 13.81 13.812
Payables Turnover 3.33 4.85 19.75 12.71 21.13 12.06 29.68 15.74 15.743
DSO 123 72 44 35 29 30 28 26 26.4 days
DIO 513 234 174 126 111 112 123 115 115.0 days
DPO 110 75 18 29 17 30 12 23 23.2 days
Cash Conversion Cycle 526 231 200 133 123 111 138 118 118.3 days
Fixed Asset Turnover snapshot only 14.696
Operating Cycle snapshot only 141.5 days
Cash Velocity snapshot only 19.779
Capital Intensity snapshot only 0.402
Growth (YoY)
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Revenue — — — — 3.9% 1.5% 76.1% 53.5% 53.52%
Net Income — — — — 2.3% 1.3% 60.4% 91.8% 91.84%
EPS — — — — 2.3% 1.2% 58.5% 85.6% 85.58%
FCF — — — — 5.4% 11.9% 5.9% 1.3% 1.30%
EBITDA — — — — 2.8% 1.3% 67.1% 81.0% 81.00%
Op. Income — — — — 2.6% 1.5% 73.7% 96.3% 96.29%
OCF Growth snapshot only 35.90%
Asset Growth snapshot only 33.41%
Equity Growth snapshot only 46.89%
Debt Growth snapshot only -6.12%
Shares Change snapshot only 3.38%
Dividend Growth snapshot only 37.89%
Growth Quality
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Revenue Stability — — — — — — — — —
Earnings Stability — — — — — — — — —
Margin Stability — — — — — — — — —
Rev. Growth Consistency 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 0.500
Earn. Growth Consistency 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 0.500
FCF Positive Streak 0 0 0 0 1 1 1 1 0
Earnings Persistence — — — — — — — — —
Earnings Smoothness — — — — 0.00 0.21 0.54 0.37 0.371
ROE Trend — — — — — — — — —
Gross Margin Trend — — — — — — — — —
FCF Margin Trend — — — — — — — — —
Sustainable Growth Rate 9.5% 11.2% 20.2% 19.4% 22.5% 22.0% 24.0% 35.4% 35.36%
Internal Growth Rate 6.2% 7.7% 15.1% 13.9% 16.8% 17.5% 19.2% 30.7% 30.67%
Cash Flow Quality
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
OCF/Net Income 0.74 0.61 0.54 0.77 0.94 1.09 0.89 0.55 0.546
FCF/OCF 0.43 0.25 0.31 0.48 0.65 0.77 0.81 0.81 0.811
FCF/Net Income snapshot only 0.442
OCF/EBITDA snapshot only 0.320
CapEx/Revenue 5.6% 4.7% 4.0% 3.8% 3.0% 2.3% 1.6% 1.2% 1.21%
CapEx/Depreciation snapshot only 0.369
Accruals Ratio 0.02 0.04 0.08 0.05 0.01 -0.02 0.03 0.15 0.151
Sloan Accruals snapshot only 0.161
Cash Flow Adequacy snapshot only 1.367
Earnings Quality Score snapshot only 0.500
Dividends & Buybacks
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Dividend Yield — — — — — — — — 3.16%
Dividend/Share $0.03 $0.09 $0.09 $0.19 $0.16 $0.21 $0.21 $0.26 $0.20
Payout Ratio 17.7% 37.2% 22.6% 39.8% 33.0% 39.0% 34.1% 29.6% 29.58%
FCF Payout Ratio 55.7% 2.5% 1.4% 1.1% 53.6% 46.4% 47.5% 66.9% 66.86%
Total Payout Ratio 17.7% 37.2% 22.6% 39.8% 33.0% 39.0% 34.1% 29.6% 29.58%
Div. Increase Streak 0 0 0 0 1 1 1 1 0
Chowder Number — — — — — — — — —
Buyback Yield — — — — — — — — —
Net Buyback Yield — — — — — — — — —
Total Shareholder Return — — — — — — — — —
DuPont Factors
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Tax Burden (NI/EBT) 0.80 0.79 0.78 0.77 0.75 0.74 0.73 0.73 0.734
Interest Burden (EBT/EBIT) 0.95 0.94 0.95 0.94 0.93 0.93 0.93 0.96 0.955
EBIT Margin 0.17 0.14 0.14 0.13 0.13 0.13 0.14 0.17 0.167
Asset Turnover 0.54 1.12 1.62 2.16 2.39 2.65 2.57 2.84 2.841
Equity Multiplier 1.63 1.57 1.54 1.59 1.57 1.48 1.49 1.51 1.506
Per Share
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
EPS (Diluted TTM) $0.15 $0.24 $0.39 $0.48 $0.50 $0.54 $0.61 $0.89 $0.89
Book Value/Share $1.31 $1.36 $1.47 $1.48 $1.66 $1.68 $1.90 $2.10 $2.17
Tangible Book/Share $1.27 $1.34 $1.45 $1.45 $1.63 $1.65 $1.88 $2.08 $2.08
Revenue/Share $1.15 $2.40 $3.69 $5.08 $5.55 $5.89 $6.42 $7.55 $4.60
FCF/Share $0.05 $0.04 $0.06 $0.18 $0.31 $0.46 $0.44 $0.39 $0.09
OCF/Share $0.11 $0.15 $0.21 $0.37 $0.47 $0.59 $0.54 $0.48 $0.13
Cash/Share $0.48 $0.36 $0.40 $0.42 $0.49 $0.32 $0.46 $0.38 $0.39
EBITDA/Share $0.26 $0.44 $0.69 $0.86 $0.96 $1.01 $1.14 $1.51 $1.51
Debt/Share $0.51 $0.50 $0.55 $0.62 $0.56 $0.37 $0.52 $0.56 $0.56
Net Debt/Share $0.04 $0.14 $0.16 $0.20 $0.07 $0.06 $0.05 $0.18 $0.18
Academic Models
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Altman-B Score — — — — — — — — 22.656
Piotroski F-Score 3 3 3 3 6 8 6 6 6
Beneish M-Score — — — — -2.70 -2.48 -1.84 -1.32 -1.317
Ohlson O-Score snapshot only -9.580
ROIC (Greenblatt) snapshot only 54.76%
Net-Net WC snapshot only $1.56
EVA snapshot only $23368995.85
Credit
Metric Trend Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Credit Rating snapshot only AA+
Credit Score 85.75 89.35 90.70 90.55 92.95 94.15 94.15 94.15 94.150
Credit Grade snapshot only 2
Credit Trend snapshot only 3.600
Implied Spread (bps) snapshot only 65.000

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