BST:6RS

Stock Analysis Report

Executive Summary

Seria Co., Ltd. operates merchandise stores in Japan.


Snowflake Analysis

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Seria's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6RS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.8%

6RS

-2.1%

DE Multiline Retail

-4.7%

DE Market


1 Year Return

-20.1%

6RS

6.0%

DE Multiline Retail

8.3%

DE Market

Return vs Industry: 6RS underperformed the German Multiline Retail industry which returned 6% over the past year.

Return vs Market: 6RS underperformed the German Market which returned 8.3% over the past year.


Shareholder returns

6RSIndustryMarket
7 Day-4.8%-2.1%-4.7%
30 Day-6.3%-1.7%-4.0%
90 Day0%-0.6%-1.4%
1 Year-18.7%-20.1%11.7%6.0%11.7%8.3%
3 Year-32.2%-34.3%29.1%11.2%11.4%1.6%
5 Yearn/a-9.7%-29.0%15.1%-0.7%

Price Volatility Vs. Market

How volatile is Seria's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Seria undervalued compared to its fair value and its price relative to the market?

19.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6RS (€23.6) is trading above our estimate of fair value (€22.18)

Significantly Below Fair Value: 6RS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6RS is good value based on its PE Ratio (19.6x) compared to the Multiline Retail industry average (21.9x).

PE vs Market: 6RS is good value based on its PE Ratio (19.6x) compared to the German market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6RS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6RS is overvalued based on its PB Ratio (3.1x) compared to the XE Multiline Retail industry average (2.6x).


Next Steps

Future Growth

How is Seria forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.3%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Seria has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Seria performed over the past 5 years?

11.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6RS has a high level of non-cash earnings.

Growing Profit Margin: 6RS's current net profit margins (6.5%) are lower than last year (6.8%).


Past Earnings Growth Analysis

Earnings Trend: 6RS's earnings have grown by 11.8% per year over the past 5 years.

Accelerating Growth: 6RS's earnings growth over the past year (0.09%) is below its 5-year average (11.8% per year).

Earnings vs Industry: 6RS earnings growth over the past year (0.09%) underperformed the Multiline Retail industry 4.7%.


Return on Equity

High ROE: 6RS's Return on Equity (16%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Seria's financial position?


Financial Position Analysis

Short Term Liabilities: 6RS's short term assets (¥64.5B) exceed its short term liabilities (¥19.0B).

Long Term Liabilities: 6RS's short term assets (¥64.5B) exceed its long term liabilities (¥5.6B).


Debt to Equity History and Analysis

Debt Level: 6RS is debt free.

Reducing Debt: 6RS currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: 6RS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6RS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 6RS has a high level of physical assets or inventory.

Debt Coverage by Assets: 6RS's debt is not covered by short term assets (assets are -29.9x debt).


Next Steps

Dividend

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


Upcoming Dividend Payment

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


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.7%industryaverage3.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 6RS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 6RS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 6RS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6RS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 6RS is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6RS's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.0yrs

Average management tenure


CEO

Eiji Kawai (52yo)

5.7yrs

Tenure

JP¥124,000,000

Compensation

Mr. Eiji Kawai has been the President of Seria Co. Ltd. since June 2014. Mr. Kawai served as the Managing Director and Chief of Management Planning Office at Seria Co. Ltd. since June 2003 and March 2005.  ...


CEO Compensation Analysis

Compensation vs Market: Eiji's total compensation ($USD1.12M) is below average for companies of similar size in the German market ($USD1.62M).

Compensation vs Earnings: Eiji's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Eiji Kawai
President & Representative Director5.7yrsJP¥124.00m0.66% ¥12.4m
Yasushi Iwama
Manager of Sales Department & Executive Director13.8yrsno data0.32% ¥5.9m
Masanori Kobayashi
Chief of Corporate Planning Office & Director6.3yrsno data0.0053% ¥98.5k
Masahiro Tanaka
Manager of Product Department & Director7.7yrsno data0.076% ¥1.4m

7.0yrs

Average Tenure

51.5yo

Average Age

Experienced Management: 6RS's management team is seasoned and experienced (7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eiji Kawai
President & Representative Director5.7yrsJP¥124.00m0.66% ¥12.4m
Yasushi Iwama
Manager of Sales Department & Executive Director13.8yrsno data0.32% ¥5.9m
Masanori Kobayashi
Chief of Corporate Planning Office & Director6.3yrsno data0.0053% ¥98.5k
Masahiro Tanaka
Manager of Product Department & Director7.7yrsno data0.076% ¥1.4m
Noboru Nakamura
Director7.7yrsno data0.26% ¥4.9m
Hiroto Suzuki
External Director7.7yrsno datano data
Noriaki Kataoka
External Director7.7yrsno datano data

7.7yrs

Average Tenure

52yo

Average Age

Experienced Board: 6RS's board of directors are considered experienced (7.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Seria Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Seria Co., Ltd.
  • Ticker: 6RS
  • Exchange: BST
  • Founded: 1985
  • Industry: General Merchandise Stores
  • Sector: Retail
  • Market Cap: JP¥224.335b
  • Listing Market Cap: JP¥1.869b
  • Shares outstanding: 75.84m
  • Website: https://www.seria-group.com

Number of Employees


Location

  • Seria Co., Ltd.
  • 2-38 Sobutsu
  • Ogaki
  • Gifu
  • 503-0934
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SAOG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2003
2782JASDAQ (TSE JASDAQ)YesCommon SharesJPJPYSep 2003
6RSBST (Boerse-Stuttgart)YesCommon SharesDEEURSep 2003

Biography

Seria Co., Ltd. operates merchandise stores in Japan. As of March 31, 2019, it operated 1,592 stores comprising 1,543 directly managed stores and 49 franchise chain stores. The company was formerly known as Sanyo Agency Co., Ltd. and changed its name to Seria Co., Ltd. in April 2003. Seria Co., Ltd. was founded in 1985 and is headquartered in Ogaki, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 23:20
End of Day Share Price2020/02/24 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.