Loading...

Central Sports

DB:DF6
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DF6
DB
¥36B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Central Sports Co., Ltd. manages sports clubs in Japan. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
DF6 Share Price and Events
7 Day Returns
-0.4%
DB:DF6
0.1%
DE Hospitality
0.3%
DE Market
1 Year Returns
-17.4%
DB:DF6
-52.1%
DE Hospitality
-11.7%
DE Market
DF6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Central Sports (DF6) -0.4% -3.8% -7% -17.4% 35.9% 131.6%
DE Hospitality 0.1% -7.8% -10.1% -52.1% -28.9% -25.1%
DE Market 0.3% -2.8% -0.8% -11.7% 12.2% 6.1%
1 Year Return vs Industry and Market
  • DF6 outperformed the Hospitality industry which returned -52.1% over the past year.
  • DF6 underperformed the Market in Germany which returned -11.7% over the past year.
Price Volatility
DF6
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Central Sports undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Central Sports to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Central Sports.

DB:DF6 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:DF6
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.92 (1 + (1- 30.86%) (23.22%))
1.045
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.045 * 5.96%)
6.46%

Discounted Cash Flow Calculation for DB:DF6 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Central Sports is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:DF6 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 6.46%)
2019 2,351.86 Est @ -4.73% 2,209.18
2020 2,275.67 Est @ -3.24% 2,007.93
2021 2,225.62 Est @ -2.2% 1,844.63
2022 2,192.88 Est @ -1.47% 1,707.23
2023 2,171.80 Est @ -0.96% 1,588.24
2024 2,158.67 Est @ -0.6% 1,482.86
2025 2,151.01 Est @ -0.35% 1,387.96
2026 2,147.13 Est @ -0.18% 1,301.41
2027 2,145.90 Est @ -0.06% 1,221.75
2028 2,146.50 Est @ 0.03% 1,147.95
Present value of next 10 years cash flows ¥15,899.12
DB:DF6 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥2,146.50 × (1 + 0.23%) ÷ (6.46% – 0.23%)
¥34,529.46
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥34,529.46 ÷ (1 + 6.46%)10
¥18,466.38
DB:DF6 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥15,899.12 + ¥18,466.38
¥34,365.51
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥34,365.51 / 11.27
¥3050.46
DB:DF6 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:DF6 represents 0.00804x of TSE:4801
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00804x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 3,050.46 x 0.00804
€24.52
Value per share (EUR) From above. €24.52
Current discount Discount to share price of €25.81
= -1 x (€25.81 - €24.52) / €24.52
-5.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Central Sports is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Central Sports's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Central Sports's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DF6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥234.16
TSE:4801 Share Price ** TSE (2019-06-14) in JPY ¥3210
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.98x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Central Sports.

DB:DF6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:4801 Share Price ÷ EPS (both in JPY)

= 3210 ÷ 234.16

13.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Central Sports is good value based on earnings compared to the DE Hospitality industry average.
  • Central Sports is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Central Sports's expected growth come at a high price?
Raw Data
DB:DF6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
15.7%per year
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.31x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Central Sports, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Central Sports's assets?
Raw Data
DB:DF6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥2,102.31
TSE:4801 Share Price * TSE (2019-06-14) in JPY ¥3210
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 2.06x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:DF6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:4801 Share Price ÷ Book Value per Share (both in JPY)

= 3210 ÷ 2,102.31

1.53x

* Primary Listing of Central Sports.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Central Sports is good value based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Central Sports's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Central Sports has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Central Sports expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Central Sports, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Central Sports expected to grow at an attractive rate?
  • Central Sports's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Central Sports's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Central Sports's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:DF6 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:DF6 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 15.7%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 18.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:DF6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:DF6 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:DF6 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 54,258 4,214 2,638
2018-12-31 54,106 2,759
2018-09-30 54,041 2,698 2,866
2018-06-30 53,984 2,937
2018-03-31 53,576 4,367 2,922
2017-12-31 53,403 2,677
2017-09-30 53,126 4,328 2,711
2017-06-30 52,866 2,664
2017-03-31 52,712 4,621 2,724
2016-12-31 52,298 2,353
2016-09-30 52,160 4,266 2,200
2016-06-30 51,910 2,083

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Central Sports's earnings are expected to grow by 15.7% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Central Sports is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:DF6 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Central Sports Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DF6 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:DF6 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 234.16
2018-12-31 244.90
2018-09-30 254.40
2018-06-30 260.70
2018-03-31 259.37
2017-12-31 237.62
2017-09-30 240.64
2017-06-30 236.47
2017-03-31 241.79
2016-12-31 208.86
2016-09-30 195.26
2016-06-30 184.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Central Sports will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Central Sports's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Central Sports has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Central Sports performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Central Sports's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Central Sports's year on year earnings growth rate has been positive over the past 5 years.
  • Central Sports's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Central Sports's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
Earnings and Revenue History
Central Sports's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Central Sports Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DF6 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 54,258.00 2,638.00 3,702.00
2018-12-31 54,106.00 2,759.00 3,758.00
2018-09-30 54,041.00 2,866.00 3,788.00
2018-06-30 53,984.00 2,937.00 3,722.00
2018-03-31 53,576.00 2,922.00 3,672.00
2017-12-31 53,403.00 2,677.00 3,645.00
2017-09-30 53,126.00 2,711.00 3,632.00
2017-06-30 52,866.00 2,664.00 3,596.00
2017-03-31 52,712.00 2,724.00 3,550.00
2016-12-31 52,298.00 2,353.00 3,473.00
2016-09-30 52,160.00 2,200.00 3,374.00
2016-06-30 51,910.00 2,083.00 3,294.00
2016-03-31 51,658.00 1,935.00 3,186.00
2015-12-31 51,475.00 1,803.00 3,110.00
2015-09-30 51,269.00 1,630.00 3,048.00
2015-06-30 51,202.00 1,468.00 3,004.00
2015-03-31 50,938.00 1,349.00 2,948.00
2014-12-31 50,793.00 1,341.00 2,971.00
2014-09-30 50,633.00 1,248.00 3,041.00
2014-06-30 49,351.00 1,166.00 2,973.00
2014-03-31 48,328.00 1,207.00 2,878.00
2013-12-31 47,430.00 1,203.00 2,827.00
2013-09-30 46,556.00 1,247.00 2,725.00
2013-06-30 46,847.00 1,385.00 2,751.00
2013-03-31 46,935.00 1,285.00 2,827.00
2012-12-31 46,996.00 1,247.00 2,807.00
2012-09-30 46,824.00 1,035.00 2,790.00
2012-06-30 46,623.00 913.00 2,762.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Central Sports has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Central Sports used its assets more efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Central Sports has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Central Sports's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Central Sports has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Central Sports's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Central Sports's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Central Sports's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Central Sports's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Central Sports's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Central Sports Company Filings, last reported 2 months ago.

DB:DF6 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 23,701.00 8,396.00 5,420.00
2018-12-31 22,826.00 8,828.00 3,611.00
2018-09-30 22,704.00 8,744.00 4,132.00
2018-06-30 22,081.00 8,773.00 6,573.00
2018-03-31 21,980.00 9,733.00 6,721.00
2017-12-31 20,969.00 9,602.00 5,194.00
2017-09-30 20,717.00 8,612.00 4,769.00
2017-06-30 20,053.00 8,511.00 4,856.00
2017-03-31 19,974.00 9,846.00 5,766.00
2016-12-31 19,119.00 10,209.00 4,799.00
2016-09-30 18,762.00 10,925.00 5,422.00
2016-06-30 18,197.00 11,296.00 5,778.00
2016-03-31 17,968.00 12,419.00 6,378.00
2015-12-31 17,573.00 12,920.00 6,087.00
2015-09-30 17,682.00 13,842.00 6,902.00
2015-06-30 17,175.00 12,851.00 5,112.00
2015-03-31 16,875.00 14,145.00 5,930.00
2014-12-31 16,547.00 14,918.00 5,408.00
2014-09-30 16,332.00 14,943.00 5,111.00
2014-06-30 15,999.00 15,384.00 3,576.00
2014-03-31 15,832.00 15,480.00 4,483.00
2013-12-31 15,527.00 16,449.00 2,832.00
2013-09-30 15,466.00 16,757.00 3,138.00
2013-06-30 15,176.00 15,403.00 2,906.00
2013-03-31 14,934.00 16,277.00 4,671.00
2012-12-31 14,631.00 16,648.00 2,933.00
2012-09-30 14,502.00 14,069.00 4,147.00
2012-06-30 14,125.00 13,682.00 4,350.00
  • Central Sports's level of debt (35.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (97.8% vs 35.4% today).
  • Debt is well covered by operating cash flow (50.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.1x coverage).
X
Financial health checks
We assess Central Sports's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Central Sports has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Central Sports's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.43%
Current annual income from Central Sports dividends.
If you bought €2,000 of Central Sports shares you are expected to receive €49 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Central Sports's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Central Sports's dividend is below the markets top 25% of dividend payers in Germany (3.91%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DF6 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:DF6 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
DB:DF6 Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-05-13 78.000 2.398
2018-06-29 78.000 2.119
2018-05-11 78.000 1.889
2017-06-30 75.500 1.850
2017-05-12 75.500 1.797
2017-02-07 59.000 1.713
2016-11-08 59.000 2.119
2016-06-30 59.000 2.450
2016-05-13 59.000 2.508
2016-02-12 38.000 1.663
2016-02-10 38.000 1.763
2015-11-13 38.000 1.648
2015-11-10 38.000 1.636
2015-06-26 38.000 1.606
2015-05-13 38.000 1.652
2015-02-13 35.000 1.569
2015-02-09 35.000 1.723
2014-11-14 35.000 1.867
2014-11-10 35.000 1.942
2014-06-30 35.000 2.046
2014-05-13 35.000 2.258
2014-02-10 35.000 2.288
2013-11-11 35.000 2.305
2013-06-28 40.000 2.551
2013-05-13 35.000 2.334
2013-02-14 30.000 1.952
2013-02-08 30.000 2.036
2012-11-14 30.000 2.289
2012-11-09 30.000 2.593
2012-08-14 25.000 2.194
2012-08-09 25.000 2.265
2012-06-29 25.000 2.256
2012-05-14 25.000 2.373
2012-02-14 20.000 1.848
2012-02-10 20.000 1.914
2011-11-14 20.000 2.022
2011-11-11 20.000 2.128
2011-08-09 15.000 1.564
2011-06-27 15.000 1.577
2011-05-13 15.000 1.685
2011-02-14 15.000 1.629
2011-02-08 15.000 1.605
2010-11-12 15.000 1.689
2010-11-10 15.000 1.729
2010-08-12 15.000 1.723
2010-08-09 15.000 1.718
2010-06-28 15.000 1.734
2010-05-13 15.000 1.768
2010-02-08 15.000 1.720
2009-11-10 15.000 1.773
2009-08-07 15.000 1.761
2009-06-29 15.000 1.725

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Central Sports's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Central Sports's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Central Sports afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Central Sports has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Central Sports's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Seiji Goto
AGE 49
TENURE AS CEO 5.2 years
CEO Bio

Mr. Seiji Gotohas been a General Manager of Sales Department at Central Sports Co. Ltd. since June 2007 and has been its President and Representative Director since April 2014 and served as its Director since October 2011. Mr. Gotohas served as a Senior Managing Director and Vice President since October 2011.

CEO Compensation
  • Insufficient data for Seiji to compare compensation growth.
  • Insufficient data for Seiji to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Central Sports management team in years:

7.7
Average Tenure
65.5
Average Age
  • The average tenure for the Central Sports management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Seiji Goto

TITLE
President
AGE
49
TENURE
5.2 yrs

Yukio Yamazaki

TITLE
Senior MD & GM of Administrative Division
AGE
68
TENURE
10.2 yrs

Yoji Suzuki

TITLE
MD, Manager of Game Enhancement Department & Director
AGE
68
TENURE
25 yrs

Seishi Tone

TITLE
MD & Director
AGE
63
TENURE
5.1 yrs
Board of Directors Tenure

Average tenure and age of the Central Sports board of directors in years:

5.2
Average Tenure
68.5
Average Age
  • The tenure for the Central Sports board of directors is about average.
Board of Directors

Tadaharu Goto

TITLE
Chairman
AGE
77
TENURE
5.2 yrs

Seiji Goto

TITLE
President
AGE
49
TENURE
5.2 yrs

Yoji Suzuki

TITLE
MD, Manager of Game Enhancement Department & Director
AGE
68

Seishi Tone

TITLE
MD & Director
AGE
63
TENURE
9 yrs

Kyoichi Yada

TITLE
Director
AGE
69
TENURE
14 yrs

Tadashi Kimoto

TITLE
Director
AGE
63
TENURE
4 yrs

Tomoharu Matsuda

TITLE
Director
AGE
56
TENURE
4 yrs

Kiyoko Ono

TITLE
External Director
AGE
82
TENURE
4 yrs

Takashi Imoto

TITLE
Standing Corporate Auditor
AGE
70
TENURE
8 yrs

Hiroshi Hamada

TITLE
Standing Corporate Auditor
AGE
74
TENURE
10 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Central Sports's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Central Sports has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Central Sports Co., Ltd. manages sports clubs in Japan. The company is also involved in corporate fitness promotion, marine leisure planning and management, care prevention, travel operations, summer and ski school operations, management and guidance related activities, license accreditation and dispatch, children’s school, esthetic, facilities building and repair works, bus transportation and management operations, and security businesses. In addition, it supplies and procure sports machines; and operates as a social physical education instructor. The company operates 215 facilities. Central Sports Co., Ltd. was founded in 1969 and is headquartered in Tokyo, Japan.

Details
Name: Central Sports Co., Ltd.
DF6
Exchange: DB
Founded: 1969
¥297,330,850
11,265,686
Website: http://www.central.co.jp
Address: Central Sports Co., Ltd.
Kayabacho Tower,
1-21-2 Shinkawa,
Tokyo,
104-8255,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 4801 Common Stock The Tokyo Stock Exchange JP JPY 15. Nov 2000
DB DF6 Common Stock Deutsche Boerse AG DE EUR 15. Nov 2000
Number of employees
Current staff
Staff numbers
1,090
Central Sports employees.
Industry
Leisure Facilities
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 21:32
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/05/13
Last earnings filing: 2019/05/13
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.