View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsReject Shop 将来の成長Future 基準チェック /36Reject Shop利益と収益がそれぞれ年間21.6%と3.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に9.9% 21.7%なると予測されています。主要情報21.6%収益成長率21.72%EPS成長率Multiline Retail 収益成長4.6%収益成長率3.4%将来の株主資本利益率9.89%アナリストカバレッジLow最終更新日02 Jul 2025今後の成長に関する最新情報お知らせ • Feb 01+ 1 more updateThe Reject Shop Limited Provides Preliminary Unaudited Earnings Guidance for the First Half of Fiscal 2023The Reject Shop Limited provided preliminary unaudited earnings guidance for the first half of fiscal 2023. First half sales are expected to be $439.7 million, up 3.5% on the prior corresponding period (pcp). Comparable store sales were up 2.4% on the prior corresponding period. EBIT (pre AASB-16) for the first half is expected to be in the range of $22.5 million and $23.5 million.すべての更新を表示Recent updatesお知らせ • Jun 13+ 1 more updateThe Reject Shop Limited Announces Distribution, Payable on July 14, 2025The Reject Shop Limited announced distribution of AUD 0.77000000 per share, payable on July 14, 2025, Record Date is July 7, 2025, Ex Date is July 4, 2025.お知らせ • Mar 27Dollarama Inc. (TSX:DOL) agreed to acquire The Reject Shop Limited (ASX:TRS) from Kin Group Pty Ltd and others for approximately AUD 250 million.Dollarama Inc. (TSX:DOL) agreed to acquire The Reject Shop Limited (ASX:TRS) from Kin Group Pty Ltd and others for approximately AUD 250 million on March 26, 2025. A cash consideration valued at AUD 6.68 per share and will be paid by Dollarama Inc. As part of consideration, AUD 249.1 million is paid towards common equity and AUD 7.69 million is paid towards rights of The Reject Shop Limited. The purchase price will be funded through a mix of cash on hand and available liquidities under Dollarama Inc. revolving credit facility. In case of termination of transaction, Dollarama Inc. will pay a termination fee of AUD 2.59 million and Kin Group Pty Ltd will pay a termination fee of AUD 2.59 million. The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by target shareholders and subject to court approval. The Board of Directors of The Reject Shop Limited unanimously recommends that shareholders vote in favor of the scheme. The closing is expected to occur in the second half of 2025. National Bank Financial, Inc. acted as financial advisor for Dollarama Inc. UBS Securities Australia Ltd acted as financial advisor for The Reject Shop Limited. SBA LAW Liability limited acted as legal advisor for The Reject Shop Limited. Adam Foreman of Corrs Chambers Westgarth acted as legal advisor for Dollarama Inc.お知らせ • Jan 28The Reject Shop Limited to Report First Half, 2025 Results on Feb 20, 2025The Reject Shop Limited announced that they will report first half, 2025 results on Feb 20, 2025Reported Earnings • Aug 22Full year 2024 earnings released: EPS: AU$0.12 (vs AU$0.27 in FY 2023)Full year 2024 results: EPS: AU$0.12 (down from AU$0.27 in FY 2023). Revenue: AU$855.2m (up 4.4% from FY 2023). Net income: AU$4.71m (down 54% from FY 2023). Profit margin: 0.6% (down from 1.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Aug 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to €1.91. The fair value is estimated to be €2.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.お知らせ • Jul 17+ 1 more updateThe Reject Shop Limited, Annual General Meeting, Oct 16, 2024The Reject Shop Limited, Annual General Meeting, Oct 16, 2024.Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Margaret Anna Zabel was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 28+ 1 more updateThe Reject Shop Limited Appoints Andrew Woolf as Chief Financial Officer, Effective from 1 July 2024The Reject Shop Limited announced the appointment of Andrew Woolf as Chief Financial Officer, effective from 1 July 2024. Andrew Woolf has been with The Reject Shop since June 2020 as the Company's Financial Controller. Prior to joining The Reject Shop, Andrew spent 15 years at PricewaterhouseCoopers, including most recently as a Director in the Financial Assurance team. Andrew holds a Bachelor of Commerce and is a Chartered Accountant. Andrew have been key partner to Clinton Cahn during his time as CEO and CFO.Upcoming Dividend • Apr 11Upcoming dividend of AU$0.10 per shareEligible shareholders must have bought the stock before 18 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.2%).Buy Or Sell Opportunity • Mar 19Now 20% overvaluedOver the last 90 days, the stock has fallen 18% to €2.70. The fair value is estimated to be €2.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.Buy Or Sell Opportunity • Mar 01Now 22% overvaluedOver the last 90 days, the stock has fallen 5.4% to €2.80. The fair value is estimated to be €2.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.Reported Earnings • Feb 26First half 2024 earnings released: EPS: AU$0.38 (vs AU$0.43 in 1H 2023)First half 2024 results: EPS: AU$0.38 (down from AU$0.43 in 1H 2023). Revenue: AU$458.3m (up 4.2% from 1H 2023). Net income: AU$14.5m (down 11% from 1H 2023). Profit margin: 3.2% (down from 3.7% in 1H 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Feb 22The Reject Shop Limited Announces Executive Changes, Effective 23 February 2024The Reject Shop Limited announce the appointment of Lauren Harris as Company Secretary with effect from 23 February 2024. Lauren joined the Company as General Counsel in January 2024 and is an experienced legal andgovernance practitioner, having previously held roles at a top tier law firm and a number of ASX 100 companies across a range of industries. As announced on 23 October 2023, Michael Freier has resigned as General Counsel and Company Secretary and will be leaving the Company on 23 February 2024.お知らせ • Oct 24The Reject Shop Limited to Report First Half, 2024 Results on Feb 22, 2024The Reject Shop Limited announced that they will report first half, 2024 results on Feb 22, 2024お知らせ • Oct 23The Reject Shop Limited Announces Resignation of Michael Freier as General Counsel and Company SecretaryThe Reject Shop Limited announced that its General Counsel and Company Secretary, Michael Freier, has provided notice resigning from his roles. Michael will work through his notice period to complete an orderly handover of his responsibilities, including assisting the Company to deliver the 2024 half year results on 22 February 2024, before leaving the Company on 23 February 2024. Michael joined the Company in August 2016 as the inaugural General Counsel, and he was subsequently appointed Company Secretary in September 2019.Reported Earnings • Aug 27Full year 2023 earnings released: EPS: AU$0.27 (vs AU$0.21 in FY 2022)Full year 2023 results: EPS: AU$0.27 (up from AU$0.21 in FY 2022). Revenue: AU$819.3m (up 3.9% from FY 2022). Net income: AU$10.3m (up 31% from FY 2022). Profit margin: 1.3% (up from 1.0% in FY 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Aug 24+ 4 more updatesThe Reject Shop Limited Declares Final Dividend for the Year 2023, Payable on 3 November 2023The Reject Shop Limited has declared a final dividend of 6.5 cents per ordinary share and a special dividend of 9.5 cents per ordinary share. The Dividends declared in respect of FY23 total 16.0 cents per ordinary share (compared to nil in FY22), which represents approximately 60% of FY23 net profit after tax. The Dividends will be fully franked at a tax rate of 30% and are payable to shareholders registered at 5.00pm on 20 October 2023. The Dividends are due to be paid to shareholders on 3 November 2023. Ex dividend date is October 19, 2023.お知らせ • Jul 24+ 1 more updateThe Reject Shop Limited, Annual General Meeting, Oct 18, 2023The Reject Shop Limited, Annual General Meeting, Oct 18, 2023.お知らせ • Jul 04The Reject Shop Limited Announces Resignation of Mark Ward from the BoardThe Reject Shop Limited advised that Mark Ward has resigned from the board of the Company effective from 2 July 2023.Reported Earnings • Feb 24First half 2023 earnings released: EPS: AU$0.43 (vs AU$0.40 in 1H 2022)First half 2023 results: EPS: AU$0.43 (up from AU$0.40 in 1H 2022). Revenue: AU$439.7m (up 3.5% from 1H 2022). Net income: AU$16.3m (up 6.2% from 1H 2022). Profit margin: 3.7% (up from 3.6% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 01+ 1 more updateThe Reject Shop Limited Provides Preliminary Unaudited Earnings Guidance for the First Half of Fiscal 2023The Reject Shop Limited provided preliminary unaudited earnings guidance for the first half of fiscal 2023. First half sales are expected to be $439.7 million, up 3.5% on the prior corresponding period (pcp). Comparable store sales were up 2.4% on the prior corresponding period. EBIT (pre AASB-16) for the first half is expected to be in the range of $22.5 million and $23.5 million.Board Change • Nov 23High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Chairman Steve Fisher is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.38, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Multiline Retail industry in Europe. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.02 per share.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to €1.84, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Multiline Retail industry in Europe. Total returns to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.34 per share.Board Change • May 17High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Steve Fisher is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 15% share price gain to €3.46, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Multiline Retail industry in Europe. Total loss to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €4.17 per share.Reported Earnings • Aug 19Full year 2021 earnings released: EPS AU$0.22 (vs AU$0.036 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: AU$778.8m (down 5.1% from FY 2020). Net income: AU$8.32m (up AU$7.20m from FY 2020). Profit margin: 1.1% (up from 0.1% in FY 2020). The increase in margin was driven by lower expenses.Is New 90 Day High Low • Mar 02New 90-day low: €3.96The company is down 10.0% from its price of €4.42 on 02 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €82.14 per share.Reported Earnings • Feb 18First half 2021 earnings released: EPS AU$0.45 (vs AU$0.33 in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were flat. First half 2021 results: Revenue: AU$434.3m (flat on 1H 2020). Net income: AU$17.0m (up 79% from 1H 2020). Profit margin: 3.9% (up from 2.2% in 1H 2020).Analyst Estimate Surprise Post Earnings • Feb 18Revenue beats expectationsRevenue exceeded analyst estimates by 0.009%. Over the next year, revenue is expected to shrink by 1.4% compared to a 8.2% growth forecast for the Multiline Retail industry in Germany.Is New 90 Day High Low • Dec 15New 90-day high: €4.94The company is up 5.0% from its price of €4.70 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Multiline Retail industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €302 per share.Is New 90 Day High Low • Nov 02New 90-day low: €3.68The company is down 5.0% from its price of €3.88 on 04 August 2020. The German market is down 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Multiline Retail industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.19 per share.業績と収益の成長予測DB:RFD - アナリストの将来予測と過去の財務データ ( )AUD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数6/30/202898221N/AN/A16/30/202796619N/AN/A26/30/202692615N/AN/A26/30/20258838N/AN/A212/29/20248666104119N/A9/29/2024859595111N/A6/30/2024853586102N/A3/31/2024845794109N/A12/31/20238388102117N/A9/30/20238299100114N/A7/2/20238191099111N/A4/2/20238111087100N/A1/1/202380397590N/A10/1/2022796887103N/A7/3/20227888100116N/A4/3/2022779796110N/A12/26/2021769792104N/A9/26/202177478495N/A6/27/202177987687N/A3/27/20217998102113N/A12/27/20208199128139N/A9/27/20208205143153N/A6/28/20208211157167N/A3/28/2020809-8119129N/A12/29/2019797-188190N/A9/29/2019795-173950N/A6/30/2019794-17-29N/A3/31/2019795-4012N/A12/30/20187959215N/A9/30/201879813N/A26N/A7/1/201880017N/A36N/A4/1/201879915N/A37N/A12/31/201779913N/A37N/A9/30/201779612N/A37N/A7/2/201779412N/A37N/A4/2/201780114N/A38N/A1/1/201780816N/A39N/A10/1/201680417N/A32N/A7/3/201680017N/A26N/A4/3/201679018N/A27N/A12/27/201577920N/A28N/A9/27/201576817N/A38N/A6/28/201575714N/A47N/A3/28/201574312N/A39N/A12/28/201472810N/A30N/A9/28/201472012N/A27N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: RFDの予測収益成長率 (年間21.6% ) は 貯蓄率 ( 1.3% ) を上回っています。収益対市場: RFDの収益 ( 21.6% ) はGerman市場 ( 17.1% ) よりも速いペースで成長すると予測されています。高成長収益: RFDの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: RFDの収益 ( 3.4% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: RFDの収益 ( 3.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: RFDの 自己資本利益率 は、3年後には低くなると予測されています ( 9.9 %)。成長企業の発掘7D1Y7D1Y7D1YRetail 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/07/03 21:13終値2025/07/01 00:00収益2024/12/29年間収益2024/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋The Reject Shop Limited 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。10 アナリスト機関Sam HaddadBell PotterChris NicolBofA Global ResearchJacqueline FernleyCanaccord Genuity Historic (Wilsons Advisory and Stockbroking Ltd.7 その他のアナリストを表示
お知らせ • Feb 01+ 1 more updateThe Reject Shop Limited Provides Preliminary Unaudited Earnings Guidance for the First Half of Fiscal 2023The Reject Shop Limited provided preliminary unaudited earnings guidance for the first half of fiscal 2023. First half sales are expected to be $439.7 million, up 3.5% on the prior corresponding period (pcp). Comparable store sales were up 2.4% on the prior corresponding period. EBIT (pre AASB-16) for the first half is expected to be in the range of $22.5 million and $23.5 million.
お知らせ • Jun 13+ 1 more updateThe Reject Shop Limited Announces Distribution, Payable on July 14, 2025The Reject Shop Limited announced distribution of AUD 0.77000000 per share, payable on July 14, 2025, Record Date is July 7, 2025, Ex Date is July 4, 2025.
お知らせ • Mar 27Dollarama Inc. (TSX:DOL) agreed to acquire The Reject Shop Limited (ASX:TRS) from Kin Group Pty Ltd and others for approximately AUD 250 million.Dollarama Inc. (TSX:DOL) agreed to acquire The Reject Shop Limited (ASX:TRS) from Kin Group Pty Ltd and others for approximately AUD 250 million on March 26, 2025. A cash consideration valued at AUD 6.68 per share and will be paid by Dollarama Inc. As part of consideration, AUD 249.1 million is paid towards common equity and AUD 7.69 million is paid towards rights of The Reject Shop Limited. The purchase price will be funded through a mix of cash on hand and available liquidities under Dollarama Inc. revolving credit facility. In case of termination of transaction, Dollarama Inc. will pay a termination fee of AUD 2.59 million and Kin Group Pty Ltd will pay a termination fee of AUD 2.59 million. The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by target shareholders and subject to court approval. The Board of Directors of The Reject Shop Limited unanimously recommends that shareholders vote in favor of the scheme. The closing is expected to occur in the second half of 2025. National Bank Financial, Inc. acted as financial advisor for Dollarama Inc. UBS Securities Australia Ltd acted as financial advisor for The Reject Shop Limited. SBA LAW Liability limited acted as legal advisor for The Reject Shop Limited. Adam Foreman of Corrs Chambers Westgarth acted as legal advisor for Dollarama Inc.
お知らせ • Jan 28The Reject Shop Limited to Report First Half, 2025 Results on Feb 20, 2025The Reject Shop Limited announced that they will report first half, 2025 results on Feb 20, 2025
Reported Earnings • Aug 22Full year 2024 earnings released: EPS: AU$0.12 (vs AU$0.27 in FY 2023)Full year 2024 results: EPS: AU$0.12 (down from AU$0.27 in FY 2023). Revenue: AU$855.2m (up 4.4% from FY 2023). Net income: AU$4.71m (down 54% from FY 2023). Profit margin: 0.6% (down from 1.3% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Aug 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to €1.91. The fair value is estimated to be €2.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.
お知らせ • Jul 17+ 1 more updateThe Reject Shop Limited, Annual General Meeting, Oct 16, 2024The Reject Shop Limited, Annual General Meeting, Oct 16, 2024.
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Margaret Anna Zabel was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 28+ 1 more updateThe Reject Shop Limited Appoints Andrew Woolf as Chief Financial Officer, Effective from 1 July 2024The Reject Shop Limited announced the appointment of Andrew Woolf as Chief Financial Officer, effective from 1 July 2024. Andrew Woolf has been with The Reject Shop since June 2020 as the Company's Financial Controller. Prior to joining The Reject Shop, Andrew spent 15 years at PricewaterhouseCoopers, including most recently as a Director in the Financial Assurance team. Andrew holds a Bachelor of Commerce and is a Chartered Accountant. Andrew have been key partner to Clinton Cahn during his time as CEO and CFO.
Upcoming Dividend • Apr 11Upcoming dividend of AU$0.10 per shareEligible shareholders must have bought the stock before 18 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.2%).
Buy Or Sell Opportunity • Mar 19Now 20% overvaluedOver the last 90 days, the stock has fallen 18% to €2.70. The fair value is estimated to be €2.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.
Buy Or Sell Opportunity • Mar 01Now 22% overvaluedOver the last 90 days, the stock has fallen 5.4% to €2.80. The fair value is estimated to be €2.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.1%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.
Reported Earnings • Feb 26First half 2024 earnings released: EPS: AU$0.38 (vs AU$0.43 in 1H 2023)First half 2024 results: EPS: AU$0.38 (down from AU$0.43 in 1H 2023). Revenue: AU$458.3m (up 4.2% from 1H 2023). Net income: AU$14.5m (down 11% from 1H 2023). Profit margin: 3.2% (down from 3.7% in 1H 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Feb 22The Reject Shop Limited Announces Executive Changes, Effective 23 February 2024The Reject Shop Limited announce the appointment of Lauren Harris as Company Secretary with effect from 23 February 2024. Lauren joined the Company as General Counsel in January 2024 and is an experienced legal andgovernance practitioner, having previously held roles at a top tier law firm and a number of ASX 100 companies across a range of industries. As announced on 23 October 2023, Michael Freier has resigned as General Counsel and Company Secretary and will be leaving the Company on 23 February 2024.
お知らせ • Oct 24The Reject Shop Limited to Report First Half, 2024 Results on Feb 22, 2024The Reject Shop Limited announced that they will report first half, 2024 results on Feb 22, 2024
お知らせ • Oct 23The Reject Shop Limited Announces Resignation of Michael Freier as General Counsel and Company SecretaryThe Reject Shop Limited announced that its General Counsel and Company Secretary, Michael Freier, has provided notice resigning from his roles. Michael will work through his notice period to complete an orderly handover of his responsibilities, including assisting the Company to deliver the 2024 half year results on 22 February 2024, before leaving the Company on 23 February 2024. Michael joined the Company in August 2016 as the inaugural General Counsel, and he was subsequently appointed Company Secretary in September 2019.
Reported Earnings • Aug 27Full year 2023 earnings released: EPS: AU$0.27 (vs AU$0.21 in FY 2022)Full year 2023 results: EPS: AU$0.27 (up from AU$0.21 in FY 2022). Revenue: AU$819.3m (up 3.9% from FY 2022). Net income: AU$10.3m (up 31% from FY 2022). Profit margin: 1.3% (up from 1.0% in FY 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Aug 24+ 4 more updatesThe Reject Shop Limited Declares Final Dividend for the Year 2023, Payable on 3 November 2023The Reject Shop Limited has declared a final dividend of 6.5 cents per ordinary share and a special dividend of 9.5 cents per ordinary share. The Dividends declared in respect of FY23 total 16.0 cents per ordinary share (compared to nil in FY22), which represents approximately 60% of FY23 net profit after tax. The Dividends will be fully franked at a tax rate of 30% and are payable to shareholders registered at 5.00pm on 20 October 2023. The Dividends are due to be paid to shareholders on 3 November 2023. Ex dividend date is October 19, 2023.
お知らせ • Jul 24+ 1 more updateThe Reject Shop Limited, Annual General Meeting, Oct 18, 2023The Reject Shop Limited, Annual General Meeting, Oct 18, 2023.
お知らせ • Jul 04The Reject Shop Limited Announces Resignation of Mark Ward from the BoardThe Reject Shop Limited advised that Mark Ward has resigned from the board of the Company effective from 2 July 2023.
Reported Earnings • Feb 24First half 2023 earnings released: EPS: AU$0.43 (vs AU$0.40 in 1H 2022)First half 2023 results: EPS: AU$0.43 (up from AU$0.40 in 1H 2022). Revenue: AU$439.7m (up 3.5% from 1H 2022). Net income: AU$16.3m (up 6.2% from 1H 2022). Profit margin: 3.7% (up from 3.6% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 01+ 1 more updateThe Reject Shop Limited Provides Preliminary Unaudited Earnings Guidance for the First Half of Fiscal 2023The Reject Shop Limited provided preliminary unaudited earnings guidance for the first half of fiscal 2023. First half sales are expected to be $439.7 million, up 3.5% on the prior corresponding period (pcp). Comparable store sales were up 2.4% on the prior corresponding period. EBIT (pre AASB-16) for the first half is expected to be in the range of $22.5 million and $23.5 million.
Board Change • Nov 23High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non-Executive Chairman Steve Fisher is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.38, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Multiline Retail industry in Europe. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.02 per share.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to €1.84, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Multiline Retail industry in Europe. Total returns to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.34 per share.
Board Change • May 17High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Steve Fisher is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 15% share price gain to €3.46, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 17x in the Multiline Retail industry in Europe. Total loss to shareholders of 15% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €4.17 per share.
Reported Earnings • Aug 19Full year 2021 earnings released: EPS AU$0.22 (vs AU$0.036 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: AU$778.8m (down 5.1% from FY 2020). Net income: AU$8.32m (up AU$7.20m from FY 2020). Profit margin: 1.1% (up from 0.1% in FY 2020). The increase in margin was driven by lower expenses.
Is New 90 Day High Low • Mar 02New 90-day low: €3.96The company is down 10.0% from its price of €4.42 on 02 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €82.14 per share.
Reported Earnings • Feb 18First half 2021 earnings released: EPS AU$0.45 (vs AU$0.33 in 1H 2020)The company reported a decent first half result with improved earnings and profit margins, although revenues were flat. First half 2021 results: Revenue: AU$434.3m (flat on 1H 2020). Net income: AU$17.0m (up 79% from 1H 2020). Profit margin: 3.9% (up from 2.2% in 1H 2020).
Analyst Estimate Surprise Post Earnings • Feb 18Revenue beats expectationsRevenue exceeded analyst estimates by 0.009%. Over the next year, revenue is expected to shrink by 1.4% compared to a 8.2% growth forecast for the Multiline Retail industry in Germany.
Is New 90 Day High Low • Dec 15New 90-day high: €4.94The company is up 5.0% from its price of €4.70 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Multiline Retail industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €302 per share.
Is New 90 Day High Low • Nov 02New 90-day low: €3.68The company is down 5.0% from its price of €3.88 on 04 August 2020. The German market is down 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Multiline Retail industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.19 per share.