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Skylark Holdings

DB:SKX
Snowflake Description

Mediocre balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SKX
DB
¥389B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Skylark Holdings Co., Ltd. operates restaurants in Japan and internationally. The last earnings update was 31 days ago. More info.


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SKX Share Price and Events
7 Day Returns
-0.1%
DB:SKX
0.1%
DE Hospitality
-3.6%
DE Market
1 Year Returns
22%
DB:SKX
-52.1%
DE Hospitality
-11.8%
DE Market
SKX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Skylark Holdings (SKX) -0.1% 6.6% 17.2% 22% 46.6% -
DE Hospitality 0.1% -9.6% -10.1% -52.1% -29% -25.2%
DE Market -3.6% -2.1% -0.8% -11.8% 12% 5.8%
1 Year Return vs Industry and Market
  • SKX outperformed the Hospitality industry which returned -52.1% over the past year.
  • SKX outperformed the Market in Germany which returned -11.8% over the past year.
Price Volatility
SKX
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Skylark Holdings's competitors could be found in our database.

Value

 Is Skylark Holdings 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 Skylark Holdings 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 Skylark Holdings.

DB:SKX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.7%
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:SKX
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))
= 0.921 (1 + (1- 30.86%) (34.27%))
1.093
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.093 * 5.96%)
6.74%

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

The calculations below outline how an intrinsic value for Skylark Holdings 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:SKX DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 6.74%)
2019 7,850.00 Analyst x3 7,354.16
2020 9,496.67 Analyst x3 8,334.86
2021 11,690.00 Analyst x3 9,611.80
2022 15,900.00 Analyst x1 12,247.60
2023 18,100.00 Analyst x1 13,061.59
2024 19,753.12 Est @ 9.13% 13,354.16
2025 21,029.50 Est @ 6.46% 13,319.05
2026 21,995.08 Est @ 4.59% 13,050.68
2027 22,717.07 Est @ 3.28% 12,627.68
2028 23,254.59 Est @ 2.37% 12,109.98
Present value of next 10 years cash flows ¥115,071.55
DB:SKX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥23,254.59 × (1 + 0.23%) ÷ (6.74% – 0.23%)
¥357,791.76
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥357,791.76 ÷ (1 + 6.74%)10
¥186,322.38
DB:SKX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥115,071.55 + ¥186,322.38
¥301,393.93
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥301,393.93 / 197.08
¥1529.27
DB:SKX Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:SKX represents 0.0081x of TSE:3197
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.0081x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 1,529.27 x 0.0081
€12.39
Value per share (EUR) From above. €12.39
Current discount Discount to share price of €15.97
= -1 x (€15.97 - €12.39) / €12.39
-29%

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

  • The current share price of Skylark Holdings 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 Skylark Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Skylark Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SKX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥57.55
TSE:3197 Share Price ** TSE (2019-06-14) in JPY ¥1972
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 Skylark Holdings.

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

= TSE:3197 Share Price ÷ EPS (both in JPY)

= 1972 ÷ 57.55

34.27x

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

  • Skylark Holdings is overvalued based on earnings compared to the DE Hospitality industry average.
  • Skylark Holdings is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Skylark Holdings's expected growth come at a high price?
Raw Data
DB:SKX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 34.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
9.3%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 .

DB:SKX PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 34.27x ÷ 9.3%

3.69x

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

  • Skylark Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Skylark Holdings's assets?
Raw Data
DB:SKX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥645.61
TSE:3197 Share Price * TSE (2019-06-14) in JPY ¥1972
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:SKX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:3197 Share Price ÷ Book Value per Share (both in JPY)

= 1972 ÷ 645.61

3.05x

* Primary Listing of Skylark Holdings.

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

  • Skylark Holdings is overvalued based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Skylark Holdings'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. Skylark Holdings has a total score of 0/6, 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 Skylark Holdings expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

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
9.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Skylark Holdings expected to grow at an attractive rate?
  • Skylark Holdings's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Skylark Holdings's earnings growth is positive but not above the Germany market average.
  • Skylark Holdings's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SKX Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SKX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 9.3%
DB:SKX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 2.1%
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:SKX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SKX Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 410,900 35,800 18,638 1
2022-12-31 401,500 33,200 16,995 1
2021-12-31 384,216 39,504 12,567 6
2020-12-31 378,510 38,571 12,111 6
2019-12-31 372,620 61,655 11,509 6
DB:SKX Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 370,137 40,775 11,342
2018-12-31 366,360 31,571 11,438
2018-09-30 365,051 33,117 12,456
2018-06-30 362,757 35,848 14,207
2018-03-31 361,420 36,858 16,009
2017-12-31 359,445 31,510 16,926
2017-09-30 360,124 37,261 18,494
2017-06-30 357,697 36,723 18,282
2017-03-31 355,678 36,723 18,618
2016-12-31 354,513 36,029 18,213
2016-09-30 351,436 33,774 16,887
2016-06-30 351,452 32,282 16,247

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Skylark Holdings's earnings are expected to grow by 9.3% yearly, however this is not considered high growth (20% yearly).
  • Skylark Holdings's revenue is expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).
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:SKX 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 6 Analyst Estimates (S&P Global) See Below

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

DB:SKX Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 94.57 94.57 94.57 1.00
2022-12-31 86.23 86.23 86.23 1.00
2021-12-31 63.77 78.63 54.80 6.00
2020-12-31 61.48 71.76 55.81 6.00
2019-12-31 61.71 81.40 55.30 7.00
DB:SKX Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 57.55
2018-12-31 58.04
2018-09-30 63.23
2018-06-30 72.17
2018-03-31 81.49
2017-12-31 86.39
2017-09-30 94.65
2017-06-30 93.77
2017-03-31 95.60
2016-12-31 93.56
2016-09-30 86.81
2016-06-30 83.57

*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.
  • Skylark Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Skylark Holdings'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.
Skylark Holdings has a total score of 1/6, 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 Skylark Holdings 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 Skylark Holdings'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.
  • Skylark Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Skylark Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Skylark Holdings's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
Earnings and Revenue History
Skylark Holdings'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 Skylark Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SKX Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 370,137.00 11,342.00 220,591.00
2018-12-31 366,360.00 11,438.00 217,816.00
2018-09-30 365,051.00 12,456.00 216,199.00
2018-06-30 362,757.00 14,207.00 213,653.00
2018-03-31 361,420.00 16,009.00 211,487.00
2017-12-31 359,445.00 16,926.00 209,869.00
2017-09-30 360,124.00 18,494.00 207,501.00
2017-06-30 357,697.00 18,282.00 205,854.00
2017-03-31 355,678.00 18,618.00 203,707.00
2016-12-31 354,513.00 18,213.00 202,736.00
2016-09-30 351,436.00 16,887.00 202,339.00
2016-06-30 351,452.00 16,247.00 202,062.00
2016-03-31 351,912.00 14,862.00 203,669.00
2015-12-31 351,146.00 15,109.00 202,721.00
2015-09-30 349,173.00 14,463.00 202,244.00
2015-06-30 347,010.00 11,581.00 201,341.00
2015-03-31 344,078.00 11,224.00 198,476.00
2014-12-31 340,002.00 9,469.00 197,744.00
2014-09-30 337,484.00 8,268.00 209,158.00
2013-12-31 332,484.00 7,087.00 206,969.00
2012-12-31 329,685.00 7,006.00 205,266.00

*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.
  • Skylark Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Skylark Holdings used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Skylark Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Skylark Holdings'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.
Skylark Holdings has a total score of 1/6, 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 Skylark Holdings'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 Skylark Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Skylark Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Skylark Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Skylark Holdings'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 not covered by short term assets, assets are 0.3x 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 Skylark Holdings Company Filings, last reported 2 months ago.

DB:SKX Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 127,239.00 133,206.00 18,123.00
2018-12-31 130,453.00 137,867.00 18,908.00
2018-09-30 129,288.00 130,465.00 16,031.00
2018-06-30 127,401.00 127,316.00 14,363.00
2018-03-31 125,084.00 129,603.00 15,878.00
2017-12-31 125,409.00 134,833.00 15,094.00
2017-09-30 122,265.00 128,972.00 12,806.00
2017-06-30 118,567.00 134,199.00 17,622.00
2017-03-31 113,619.00 133,939.00 13,503.00
2016-12-31 114,198.00 138,450.00 16,222.00
2016-09-30 109,309.00 134,039.00 10,236.00
2016-06-30 105,920.00 136,260.00 11,678.00
2016-03-31 102,131.00 138,483.00 10,837.00
2015-12-31 103,287.00 150,368.00 18,245.00
2015-09-30 100,043.00 140,413.00 13,030.00
2015-06-30 97,150.00 145,115.00 18,068.00
2015-03-31 93,912.00 145,128.00 17,540.00
2014-12-31 93,757.00 161,780.00 23,383.00
2014-09-30 86,615.00 149,061.00 13,337.00
2013-12-31 73,983.00 164,756.00 13,883.00
2012-12-31 93,707.00 135,198.00 11,783.00
  • Skylark Holdings's level of debt (104.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (204% vs 104.7% today).
  • Debt is well covered by operating cash flow (30.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.6x coverage).
X
Financial health checks
We assess Skylark Holdings'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. Skylark Holdings has a total score of 3/6, 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 Skylark Holdings'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
0.96%
Current annual income from Skylark Holdings dividends. Estimated to be 1.05% next year.
If you bought €2,000 of Skylark Holdings shares you are expected to receive €19 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?
  • Skylark Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Skylark Holdings's dividend is below the markets top 25% of dividend payers in Germany (3.91%).
Upcoming dividend payment

Purchase Skylark Holdings before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:SKX 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 6 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:SKX Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 28.00 1.00
2022-12-31 25.00 1.00
2021-12-31 20.67 6.00
2020-12-31 20.17 6.00
2019-12-31 19.33 6.00
DB:SKX Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-05-15 19.000 0.975
2019-03-29 19.000 1.045
2019-02-14 19.000 1.089
2018-11-14 38.000 2.084
2018-03-30 38.000 2.323
2018-02-14 38.000 2.557
2017-08-09 40.000 2.448
2017-03-31 40.000 2.364
2017-02-09 40.000 2.394
2016-11-09 38.000 2.432
2016-08-10 38.000 2.780
2016-03-31 38.000 2.833
2016-02-10 38.000 2.566
2015-11-12 23.600 1.561
2015-08-13 36.400 2.237
2015-05-14 30.000 1.776
2015-03-30 30.000 1.854

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

  • Skylark Holdings has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Skylark Holdings has only been paying a dividend for 4 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Skylark Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x 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 Skylark Holdings'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 Skylark Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Skylark Holdings has a total score of 1/6, 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 Skylark Holdings'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
Makoto Tani
COMPENSATION ¥201,000,000
AGE 67
TENURE AS CEO 10.8 years
CEO Bio

Mr. Makoto Tani has been the Chief Executive Officer at Skylark Co., Ltd since August 2008. Mr. Tani has been the President of Skylark Co., Ltd. since August 18, 2008. Mr. Tani has been a Director of Skylark Co., Ltd. since August 2008. Mr. Tani Entered Former Skylark 1 in April 1977. Mr. Tani served as Director and General Manager of Sales Division of NILAX Inc. since December 1987. Mr. Tani served as the President at Skylark Co., Ltd. since January 2000. He served as President and Chief Executive Officer of NILAX Inc. since January 2000. He served as Managing Executive Officer and General Manager of No. 2 Sales Division of former Skylark 2 since October 2007. He has been Chairman of the Board at Skylark Co., Ltd since March 29, 2018.

CEO Compensation
  • Makoto's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Makoto's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Skylark Holdings management team in years:

5.4
Average Tenure
  • The average tenure for the Skylark Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Makoto Tani

TITLE
Chairman
COMPENSATION
¥201M
AGE
67
TENURE
10.8 yrs

Atsushi Kitamura

TITLE
Executive Officer
TENURE
2.3 yrs

Yukihiro Wada

TITLE
Managing Officer
TENURE
0.9 yrs

Minoru Himeno

TITLE
Executive Officer & MD of Supply Chain Purchasing Division
TENURE
8.4 yrs

Toshiaki Aihara

TITLE
Executive Officer & MD of Supply Chain Production Division
TENURE
7.4 yrs

Minoru Kanaya

TITLE
Managing Exec. Officer
TENURE
0.2 yrs

Shigeto Kadowaki

TITLE
Executive Officer & MD of Store Development Division
TENURE
6.4 yrs

Nobuyuki Katayama

TITLE
Executive Officer & Managing Director of Supply Chain Purchasing Division

Haruyoshi Sakita

TITLE
Executive Officer

Sumio Matsumoto

TITLE
Executive Officer
TENURE
4.4 yrs
Board of Directors Tenure

Average tenure and age of the Skylark Holdings board of directors in years:

1.8
Average Tenure
67
Average Age
  • The average tenure for the Skylark Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Makoto Tani

TITLE
Chairman
COMPENSATION
¥201M
AGE
67
TENURE
1.3 yrs

Atsushi Kitamura

TITLE
Executive Officer
TENURE
2.3 yrs

Yukihiro Wada

TITLE
Managing Officer
TENURE
0.9 yrs

Minoru Kanaya

TITLE
Managing Exec. Officer
TENURE
1.3 yrs

Haruyoshi Sakita

TITLE
Executive Officer
TENURE
1.3 yrs

Atsushi Nishijo

TITLE
Independent Outside Director
AGE
76
TENURE
5.3 yrs

Fumio Tahara

TITLE
Outside Director
AGE
70
TENURE
1.3 yrs

Atsushi Yokoyama

TITLE
Outside Director
AGE
49
TENURE
4.3 yrs

Makoto Suzuki

TITLE
Corporate Auditor
AGE
61
TENURE
8.3 yrs

Mitsuhiro Nagata

TITLE
Outside Corporate Auditor
TENURE
3.2 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 Skylark Holdings'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. Skylark Holdings 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

Skylark Holdings Co., Ltd. operates restaurants in Japan and internationally. The company operates Western, Chinese, Japanese, Italian, etc. restaurants primarily under the Gusto, Bamiyan, Jonathan´s, Yumean, Steak Gusto, Grazie Gardens, Aiya, S Gusto, Totoyamichi, chawan, miwami, Yumean Shokudo, Syabuyo, Tonkaratei, Katsukyu, MUSASHI NO MORI COFFEE, Tomato and Onion, Jyu-Jyu Karubi, and FLO PRESTIGE brand names. It also provides delivery and take-out services. As of September 30, 2018, it operated 3,200 stores in Japan and internationally. The company was formerly known as Skylark Co., Ltd. and changed its name to Skylark Holdings Co., Ltd. in July 2018. Skylark Holdings Co., Ltd. was founded in 1962 and is based in Musashino, Japan.

Details
Name: Skylark Holdings Co., Ltd.
SKX
Exchange: DB
Founded: 1962
¥3,195,471,251
197,083,700
Website: http://www.skylark.co.jp
Address: Skylark Holdings Co., Ltd.
1-25-8 Nishikubo,
Musashino-shi,
Musashino,
Tokyo, 180-8580,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 3197 Common Stock The Tokyo Stock Exchange JP JPY 09. Oct 2014
OTCPK SKLY.F Common Stock Pink Sheets LLC US USD 09. Oct 2014
DB SKX Common Stock Deutsche Boerse AG DE EUR 09. Oct 2014
Number of employees
Current staff
Staff numbers
6,269
Skylark Holdings employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/15 22:10
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/06/14
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.