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Round One

MUN:RDN
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RDN
MUN
¥137B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Round One Corporation operates and manages leisure facilities primarily in Japan. The last earnings update was 41 days ago. More info.


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RDN Share Price and Events
7 Day Returns
-8.7%
MUN:RDN
-1%
DE Hospitality
0.2%
DE Market
1 Year Returns
-15.4%
MUN:RDN
-52.6%
DE Hospitality
-10.9%
DE Market
RDN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Round One (RDN) -8.7% -14.2% 3% -15.4% 83.8% 141.2%
DE Hospitality -1% -10.9% -11.5% -52.6% -32.4% -25.2%
DE Market 0.2% -2.5% -2% -10.9% 8.9% 6.3%
1 Year Return vs Industry and Market
  • RDN outperformed the Hospitality industry which returned -52.6% over the past year.
  • RDN underperformed the Market in Germany which returned -10.9% over the past year.
Price Volatility
RDN
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Round One's competitors could be found in our database.

RDN Value

 Is Round One 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 Round One 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 Round One.

MUN:RDN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) 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 MUN:RDN
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))
= 0.919 (1 + (1- 30.86%) (23.72%))
1.047
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% + (1.047 * 5.96%)
6.47%

Discounted Cash Flow Calculation for MUN:RDN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Round One 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.

MUN:RDN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 6.47%)
2019 5,476.00 Analyst x2 5,143.42
2020 10,445.00 Analyst x3 9,214.79
2021 9,895.60 Analyst x5 8,199.88
2022 11,739.25 Analyst x4 9,136.81
2023 13,469.25 Analyst x4 9,846.59
2024 15,059.00 Analyst x2 10,340.16
2025 16,241.71 Est @ 7.85% 10,474.93
2026 17,145.73 Est @ 5.57% 10,386.38
2027 17,825.50 Est @ 3.96% 10,142.34
2028 18,332.39 Est @ 2.84% 9,797.25
Present value of next 10 years cash flows ¥92,682.57
MUN:RDN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ¥18,332.39 × (1 + 0.23%) ÷ (6.47% – 0.23%)
¥294,546.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥294,546.34 ÷ (1 + 6.47%)10
¥157,412.36
MUN:RDN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥92,682.57 + ¥157,412.36
¥250,094.93
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥250,094.93 / 95.26
¥2625.34
MUN:RDN Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in MUN:RDN represents 0.008x of TSE:4680
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.008x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 2,625.34 x 0.008
€21.00
Value per share (EUR) From above. €21.00
Current discount Discount to share price of €11.54
= -1 x (€11.54 - €21.00) / €21.00
45.1%

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

Current Discount
Amount off the current price Round One is available for.
Intrinsic value
45%
Share price is €11.54 vs Future cash flow value of €21
Current Discount Checks
For Round One to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Round One's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Round One's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Round One's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Round One's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MUN:RDN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥75.15
TSE:4680 Share Price ** TSE (2019-06-18) in JPY ¥1442
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.82x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.63x

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

** Primary Listing of Round One.

MUN:RDN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:4680 Share Price ÷ EPS (both in JPY)

= 1442 ÷ 75.15

19.19x

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

  • Round One is overvalued based on earnings compared to the DE Hospitality industry average.
  • Round One is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Round One's expected growth come at a high price?
Raw Data
MUN:RDN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.19x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
14.8%per year
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.3x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

MUN:RDN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 19.19x ÷ 14.8%

1.29x

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

  • Round One is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Round One's assets?
Raw Data
MUN:RDN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥657.15
TSE:4680 Share Price * TSE (2019-06-18) in JPY ¥1442
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 2.04x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.77x
MUN:RDN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:4680 Share Price ÷ Book Value per Share (both in JPY)

= 1442 ÷ 657.15

2.19x

* Primary Listing of Round One.

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

  • Round One is overvalued based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Round One'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. Round One 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.

RDN Future Performance

 How is Round One expected to perform in the next 1 to 3 years based on estimates from 5 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
14.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Round One expected to grow at an attractive rate?
  • Round One's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Round One's earnings growth is expected to exceed the Germany market average.
  • Round One's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
MUN:RDN Future Growth Rates Data Sources
Data Point Source Value (per year)
MUN:RDN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 14.8%
MUN:RDN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 8.8%
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
MUN:RDN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MUN:RDN Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31 159,152 34,310 15,061 2
2023-03-31 145,794 30,095 12,849 3
2022-03-31 133,035 27,047 11,038 4
2021-03-31 121,030 24,228 9,186 5
2020-03-31 110,655 21,490 7,414 5
MUN:RDN Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 101,318 20,871 7,159
2018-12-31 99,074 8,650
2018-09-30 98,538 20,759 8,956
2018-06-30 96,935 8,837
2018-03-31 95,910 24,210 8,411
2017-12-31 93,887 5,192
2017-09-30 91,346 20,360 4,224
2017-06-30 88,866 3,190
2017-03-31 87,776 17,217 2,735
2016-12-31 86,071 393
2016-09-30 85,412 16,833 822
2016-06-30 84,972 934

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Round One's earnings are expected to grow by 14.8% yearly, however this is not considered high growth (20% yearly).
  • Round One's revenue is expected to grow by 8.8% 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
MUN:RDN 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 5 Analyst Estimates (S&P Global) See Below

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

MUN:RDN Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31 158.10 167.10 149.10 2.00
2023-03-31 134.90 146.40 128.10 3.00
2022-03-31 115.88 125.50 110.20 4.00
2021-03-31 96.43 103.20 88.20 5.00
2020-03-31 77.81 86.60 70.30 4.00
MUN:RDN Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 75.15
2018-12-31 90.80
2018-09-30 94.01
2018-06-30 92.76
2018-03-31 88.29
2017-12-31 54.50
2017-09-30 44.34
2017-06-30 33.48
2017-03-31 28.71
2016-12-31 4.13
2016-09-30 8.63
2016-06-30 9.80

*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.
  • Round One is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Round One'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.
Round One has a total score of 3/6, 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.

RDN Past Performance

  How has Round One 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 Round One'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.
  • Round One has delivered over 20% year on year earnings growth in the past 5 years.
  • Round One's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Round One's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
Earnings and Revenue History
Round One'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 Round One Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MUN:RDN Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 101,318.00 7,159.00 3,016.00
2018-12-31 99,074.00 8,650.00 2,097.00
2018-09-30 98,538.00 8,956.00 1,884.00
2018-06-30 96,935.00 8,837.00 1,644.00
2018-03-31 95,910.00 8,411.00 1,538.00
2017-12-31 93,887.00 5,192.00 1,571.00
2017-09-30 91,346.00 4,224.00 1,630.00
2017-06-30 88,866.00 3,190.00 1,625.00
2017-03-31 87,776.00 2,735.00 1,581.00
2016-12-31 86,071.00 393.00 1,757.00
2016-09-30 85,412.00 822.00 1,714.00
2016-06-30 84,972.00 934.00 1,641.00
2016-03-31 83,516.00 449.00 1,619.00
2015-12-31 82,803.00 -5,756.00 1,696.00
2015-09-30 82,831.00 -6,279.00 1,638.00
2015-06-30 83,044.00 -5,931.00 1,550.00
2015-03-31 83,905.00 -4,568.00 1,466.00
2014-12-31 84,854.00 -3,434.00 1,463.00
2014-09-30 84,250.00 -6,636.00 1,442.00
2014-06-30 83,801.00 -19,534.00 1,437.00
2014-03-31 84,272.00 -19,681.00 1,440.00
2013-12-31 84,145.00 -15,136.00 1,412.00
2013-09-30 84,501.00 -12,158.00 1,404.00
2013-06-30 85,327.00 793.00 1,414.00
2013-03-31 85,903.00 601.00 1,428.00
2012-12-31 85,686.00 1,625.00 1,461.00
2012-09-30 86,843.00 2,370.00 1,476.00
2012-06-30 88,071.00 1,399.00 1,503.00

*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.
  • Round One has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Round One used its assets more efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Round One has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Round One'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.
Round One 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.

RDN Health

 How is Round One'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 Round One's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Round One is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Round One's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Round One'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 0.9x 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 Round One Company Filings, last reported 2 months ago.

MUN:RDN Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 62,603.00 32,580.00 22,524.00
2018-12-31 58,689.00 34,138.00 20,542.00
2018-09-30 59,754.00 29,482.00 20,714.00
2018-06-30 57,094.00 31,229.00 21,576.00
2018-03-31 56,719.00 29,239.00 23,439.00
2017-12-31 52,105.00 31,517.00 19,946.00
2017-09-30 52,425.00 31,872.00 20,145.00
2017-06-30 50,256.00 32,991.00 17,073.00
2017-03-31 50,871.00 34,413.00 20,197.00
2016-12-31 49,108.00 35,636.00 18,260.00
2016-09-30 49,067.00 37,632.00 20,657.00
2016-06-30 48,133.00 39,847.00 21,266.00
2016-03-31 49,729.00 38,864.00 23,199.00
2015-12-31 50,357.00 41,186.00 23,164.00
2015-09-30 51,236.00 43,124.00 25,544.00
2015-06-30 50,191.00 43,223.00 23,680.00
2015-03-31 51,626.00 43,455.00 27,777.00
2014-12-31 57,999.00 50,375.00 27,418.00
2014-09-30 59,061.00 52,017.00 28,987.00
2014-06-30 57,333.00 54,886.00 23,973.00
2014-03-31 57,531.00 55,987.00 25,172.00
2013-12-31 62,827.00 96,059.00 24,715.00
2013-09-30 67,354.00 102,893.00 26,264.00
2013-06-30 78,442.00 111,513.00 28,988.00
2013-03-31 78,714.00 113,050.00 25,324.00
2012-12-31 79,342.00 130,750.00 28,828.00
2012-09-30 80,896.00 132,888.00 29,105.00
2012-06-30 79,330.00 137,085.00 27,262.00
  • Round One's level of debt (52%) 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 (97.3% vs 52% today).
  • Debt is well covered by operating cash flow (64.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 25.2x coverage).
X
Financial health checks
We assess Round One'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. Round One 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.

RDN Dividends

 What is Round One'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
1.39%
Current annual income from Round One dividends. Estimated to be 1.5% next year.
If you bought €2,000 of Round One shares you are expected to receive €28 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?
  • Round One's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Round One's dividend is below the markets top 25% of dividend payers in Germany (3.94%).
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
MUN:RDN 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 5 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8.1%
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 1.5%
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.

MUN:RDN Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2024-03-31 30.00 2.00
2023-03-31 23.33 3.00
2022-03-31 20.00 4.00
2021-03-31 20.00 5.00
2020-03-31 20.00 5.00
MUN:RDN Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-02-12 20.000 1.343
2019-02-08 20.000 1.535
2018-11-12 20.000 1.713
2018-11-09 20.000 1.597
2018-06-25 20.000 1.326
2018-05-08 20.000 1.048
2018-02-13 20.000 1.195
2017-11-13 20.000 1.090
2017-11-10 20.000 1.263
2017-06-26 20.000 1.572
2017-05-09 20.000 1.847
2017-02-13 20.000 2.250
2017-02-10 20.000 2.413
2016-11-11 20.000 2.544
2016-11-10 20.000 2.767
2016-06-27 20.000 2.758
2016-05-09 20.000 2.694
2016-02-12 20.000 3.008
2016-02-10 20.000 3.499
2015-11-13 20.000 3.642
2015-11-09 20.000 3.660
2015-06-29 20.000 3.609
2015-05-08 20.000 3.368
2015-02-13 20.000 3.029
2015-02-10 20.000 2.898
2014-11-13 20.000 2.861
2014-11-07 20.000 2.994
2014-06-30 20.000 3.065
2014-05-09 20.000 3.088
2014-02-13 20.000 2.459
2014-02-10 20.000 2.283
2013-11-13 20.000 2.353
2013-11-08 20.000 3.288
2013-06-24 20.000 3.494
2013-05-10 20.000 3.109
2013-02-13 20.000 2.889
2013-02-08 20.000 3.600
2012-11-13 20.000 4.054
2012-11-09 20.000 4.868
2012-08-08 20.000 5.180
2012-06-25 20.000 4.921
2012-05-11 20.000 4.813
2012-02-13 20.000 3.794
2012-02-09 20.000 4.071
2011-11-11 20.000 4.189
2011-11-10 20.000 3.615
2011-08-08 20.000 3.320
2011-06-27 20.000 3.057
2011-05-11 20.000 3.965
2011-02-14 20.000 4.433
2011-02-10 20.000 4.301
2010-11-12 20.000 4.340
2010-11-10 20.000 6.041
2010-06-18 20.000 5.642
2010-05-14 20.000 3.330
2010-02-12 20.000 3.144
2010-02-10 20.000 3.630
2009-11-13 20.000 3.564
2009-11-11 20.000 3.216
2009-08-07 20.000 2.622
2009-06-29 20.000 2.217

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

  • Dividends per share have been stable in the past 10 years.
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Round One's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.8x 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 Round One'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 Round One afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Round One has a total score of 2/6, see the detailed checks below.


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

RDN Management

 What is the CEO of Round One'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
Masahiko Sugino
AGE 57
TENURE AS CEO 24.8 years
CEO Bio

Masahiko Sugino has been the President of Round One Corporation since September 1994 and served as its Chief Executive Officer. Masahiko Sugino joined Round One Corporation in December 1980. Masahiko Sugino has been a Representative Director of Round One Corporation since September 1994. Masahiko Sugino served as Director of Sugino Spinning Co., Ltd since December 1985.

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

Average tenure and age of the Round One management team in years:

9
Average Tenure
52.5
Average Age
  • The average tenure for the Round One management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Masahiko Sugino

TITLE
President & Representative Director
AGE
57
TENURE
24.8 yrs

Tamiya Sakamoto

TITLE
MD, GM of Operations & Planning Division and Director
AGE
47
TENURE
4.9 yrs

Shinji Sasae

TITLE
MD, GM of Administration Division & Director
AGE
62
TENURE
9 yrs

Toshitaka Teramoto

TITLE
Head of Compliance & Risk Management Team and Director
AGE
50

Takahiro Inagaki

TITLE
GM of Corporate Planning Division & Director
AGE
55
TENURE
4.8 yrs

Hidetsugu Kawaguchi

TITLE
Assistant GM of Operations & Planning Division and Director
AGE
46
TENURE
9.2 yrs
Board of Directors Tenure

Average tenure and age of the Round One board of directors in years:

16
Average Tenure
55.5
Average Age
  • The average tenure for the Round One board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Masahiko Sugino

TITLE
President & Representative Director
AGE
57
TENURE
24.8 yrs

Tamiya Sakamoto

TITLE
MD, GM of Operations & Planning Division and Director
AGE
47

Shinji Sasae

TITLE
MD, GM of Administration Division & Director
AGE
62

Toshitaka Teramoto

TITLE
Head of Compliance & Risk Management Team and Director
AGE
50
TENURE
18 yrs

Takahiro Inagaki

TITLE
GM of Corporate Planning Division & Director
AGE
55
TENURE
12 yrs

Hidetsugu Kawaguchi

TITLE
Assistant GM of Operations & Planning Division and Director
AGE
46
TENURE
5 yrs

Kimiko Tsuzuregi

TITLE
External Director
AGE
63
TENURE
5 yrs

Ayako Takaguchi

TITLE
External Director
AGE
44

Hiroshi Iwagawa

TITLE
External Auditor
AGE
56
TENURE
24 yrs

Junji Okuda

TITLE
External Auditor
AGE
56
TENURE
16 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 Round One'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. Round One 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.

RDN News

Simply Wall St News

RDN Company Info

Description

Round One Corporation operates and manages leisure facilities primarily in Japan. It operates bowling alleys, amusement, karaoke, arcade games, spo-cha, billiards, darts, batting, bowling, table tennis, and indoor leisure complex facilities. The company was founded in 1980 and is headquartered in Osaka, Japan.

Details
Name: Round One Corporation
RDN
Exchange: MUN
Founded: 1980
¥1,131,466,450
95,262,074
Website: http://www.round1.co.jp
Address: Round One Corporation
NAMBA SkyO,
23rd floor,
Osaka,
Osaka, 542-0076,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 4680 Common Shares The Tokyo Stock Exchange JP JPY 28. Aug 1997
OTCPK RNDO.F Common Shares Pink Sheets LLC US USD 28. Aug 1997
MUN RDN Common Shares Boerse Muenchen DE EUR 28. Aug 1997
Number of employees
Current staff
Staff numbers
2,469
Round One employees.
Industry
Leisure Facilities
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 20:38
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/05/17
Last earnings filing: 2019/05/08
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.