Record (LSE:REC) Research & Development: £0.00 Mil (TTM As of Mar. 2026)


LSE:REC Record PLC LSE:REC
75 GF Score
Price £0.44
GF Value £0.57
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Record Research & Development?

Record LSE:REC -4.52% 75 Research & Development is £0.00 Mil as of Mar. 2026. GuruFocus rates LSE:REC with a GF Score™ of 75/100 and a GF Value™ of £0.57 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Record's Research & Development for the six months ended in Mar. 2026 was £0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was £0.00 Mil.

Record  (LSE:REC) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Record Research & Development Related Terms

Record Research & Development Historical Data

* Premium members only.

The historical data trend for Record's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Record Research & Development Chart

Record Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Research & Development
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Record Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
LSE:REC
75GF Score
Record PLC LSE:REC
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Record Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of £0.00 Mil mean?
Record (LSE:REC) has a Research & Development of £0.00 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Record and its competitors.
Is Record's Research & Development too high?
Record's current Research & Development is £0.00 Mil. Overall, Record has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Record's Research & Development compare to BLK and BX?
Record's Research & Development of £0.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Asset Management company?
A good Research & Development depends on the Asset Management industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Record and its competitors. Record's current Research & Development is £0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Record stock overvalued right now?
Based on GuruFocus' analysis, Record (LSE:REC) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.57, compared to a current price of £0.44 — trading 22.1% below its estimated fair value. The current Research & Development is £0.00 Mil. Record's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Record (LSE:REC), the current Research & Development is £0.00 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Record (LSE:REC) Overvalued in 2026?

Based on GuruFocus' analysis, Record stock appears to be undervalued. The current stock price of £0.44 is trading 22.1% below its estimated GF Value™ of £0.57. GuruFocus considers Record to be Modestly Undervalued.

Key valuation signals for LSE:REC:

  • Research & Development: £0.00 Mil
  • GF Value™: £0.57 vs. price of £0.44 (22.1% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the LSE:REC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Record Business Description

Other Exchanges RECl:UK
Address 3 Sheldon Square, Paddington, Westminster, London, GBR, W2 6HY
Record PLC is a United Kingdom-based company currency and asset management firm. The company provides services to clients such as pension funds, charities, foundations, endowments, family offices, and other fund managers and corporate entities. Geographically, it derives a majority of its revenue from the United States and also has a presence in the United Kingdom, Switzerland, Europe (excluding UK and Switzerland), and other countries. Revenue comprises mainly management fees and performance fees. Its reportable segments are Currency Management and Asset Management. The maximum revenue is derived from the currency management segment which comprises bespoke solutions for clients including Passive Hedging, Dynamic Hedging, Hedging for Asset Managers, and FX Alpha products.
75GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.44
Price
£0.57
GF Value