OM:RNBS

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RNB Retail and Brands

Executive Summary

RNB Retail and Brands AB (publ) owns, develops, and operates fashion wear, ready-to-wear clothing, accessories, jewelry, and cosmetics stores in Sweden, Norway, Finland, and internationally. More Details


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.

Share Price & News

How has RNB Retail and Brands's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0.8%

RNBS

0.3%

SE Specialty Retail

-0.3%

SE Market


1 Year Return

-39.6%

RNBS

-18.6%

SE Specialty Retail

16.9%

SE Market

Return vs Industry: RNBS underperformed the Swedish Specialty Retail industry which returned -18% over the past year.

Return vs Market: RNBS underperformed the Swedish Market which returned 17.2% over the past year.


Shareholder returns

RNBSIndustryMarket
7 Day0.8%0.3%-0.3%
30 Day3.5%0.2%1.1%
90 Day19.9%16.0%6.5%
1 Year-38.6%-39.6%-16.7%-18.6%19.1%16.9%
3 Year-93.3%-93.6%-13.0%-24.4%36.4%21.8%
5 Year-94.8%-95.2%-37.1%-48.6%65.7%33.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is RNB Retail and Brands undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RNBS (SEK0.77) is trading below our estimate of fair value (SEK113.16)

Significantly Below Fair Value: RNBS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RNBS is unprofitable, so we can't compare its PE Ratio to the SE Specialty Retail industry average.

PE vs Market: RNBS is unprofitable, so we can't compare its PE Ratio to the Swedish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RNBS has negative assets, so we can't compare its PB Ratio to the SE Specialty Retail industry average.


Next Steps

Future Growth

How is RNB Retail and Brands forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

40.3%

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 RNB Retail and Brands 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 RNB Retail and Brands performed over the past 5 years?

-77.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RNBS is currently unprofitable.

Growing Profit Margin: RNBS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RNBS is unprofitable, and losses have increased over the past 5 years at a rate of 77.3% per year.

Accelerating Growth: Unable to compare RNBS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RNBS is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-0.4%).


Return on Equity

High ROE: RNBS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is RNB Retail and Brands's financial position?


Financial Position Analysis

Short Term Liabilities: RNBS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: RNBS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: RNBS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: RNBS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable RNBS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: RNBS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.6% per year.


Next Steps

Dividend

What is RNB Retail and Brands's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: RNBS is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

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


Next Steps

Management

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

0.7yrs

Average management tenure


CEO

Kristian Lustin (50 yo)

0.75

Tenure

Mr. Kristian Lustin serves as President and Chief Executive Board of RNB Retail and Brands AB (publ) since January 1, 2020 and served as its Chief Financial Officer since April 2015. Mr. Lustin has an MSc ...


Leadership Team

NamePositionTenureCompensationOwnership
Magnus Håkansson
Chairman of Departments & Storesno datakr13.91m0.070%
SEK 53.6k
Kristian Lustin
CEO & President0.75yrno data0.0098%
SEK 7.5k
Lars Jungerth
Chief Executive Officer of Departments & Stores0.75yrno datano data
Johan Munck
Chief Executive Officer of Polarn O. Pyret0.67yrno datano data
Christopher Englinde
Chief Executive Officer of Brothers AB0.083yrno datano data
Martin Jungerts
Logistics Directorno datano data0.00039%
SEK 297.6

0.7yrs

Average Tenure

51yo

Average Age

Experienced Management: RNBS's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Lemner
Independent Director7.75yrskr172.00kno data
Per Thunell
Chairman0.83yrkr197.00kno data
Joel Lindeman
Director2.83yrskr172.00k0.017%
SEK 13.0k

2.8yrs

Average Tenure

63yo

Average Age

Experienced Board: RNBS's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 200%.


Top Shareholders

Company Information

RNB Retail and Brands AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RNB Retail and Brands AB (publ)
  • Ticker: RNBS
  • Exchange: OM
  • Founded:
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: kr76.302m
  • Shares outstanding: 101.74m
  • Website: https://www.rnb.se

Number of Employees


Location

  • RNB Retail and Brands AB (publ)
  • Drottninggatan 33
  • 4th floor
  • Stockholm
  • Stockholm County
  • 103 23
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RNBSOM (OMX Nordic Exchange Stockholm)YesCommon SharesSESEKJul 2001
0QENLSE (London Stock Exchange)YesCommon SharesGBSEKJul 2001
RNBSSBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBSEKJul 2001

Biography

RNB Retail and Brands AB (publ) owns, develops, and operates fashion wear, ready-to-wear clothing, accessories, jewelry, and cosmetics stores in Sweden, Norway, Finland, and internationally. It sells its p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 20:57
End of Day Share Price2020/10/20 00:00
Earnings2020/05/31
Annual Earnings2019/08/31


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.