OM:RNBS

Stock Analysis Report

RNB Retail and Brands

Executive Summary

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

Snowflake

Fundamentals

Adequate balance sheet and overvalued.


Similar Companies

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


Market Performance


7 Day Return

-7.0%

RNBS

1.6%

SE Specialty Retail

2.7%

SE Market


1 Year Return

-81.5%

RNBS

23.3%

SE Specialty Retail

10.0%

SE Market

Return vs Industry: RNBS underperformed the Swedish Specialty Retail industry which returned 23.3% over the past year.

Return vs Market: RNBS underperformed the Swedish Market which returned 10% over the past year.


Shareholder returns

RNBSIndustryMarket
7 Day-7.0%1.6%2.7%
30 Day-69.1%9.4%1.9%
90 Day-65.8%19.3%3.2%
1 Year-81.5%-81.5%30.6%23.3%14.7%10.0%
3 Year-88.2%-88.7%-8.8%-21.0%31.1%11.4%
5 Year-87.6%-88.3%-7.9%-25.4%61.5%27.2%

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?

0.18x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate RNBS's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate RNBS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RNBS is unprofitable, so we can't compare its PE Ratio to the 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

Low 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 is good value based on its PB Ratio (0.2x) compared to the SE Specialty Retail industry average (2.4x).


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?

55.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RNBS is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: RNBS is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: RNBS is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if RNBS's revenue is forecast to grow faster than the Swedish market.

High Growth Revenue: Insufficient data to determine if RNBS's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if RNBS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

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

14.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: RNBS is unprofitable, but has reduced losses over the past 5 years at a rate of 14.4% 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 (-3.8%).


Return on Equity

High ROE: RNBS has a negative Return on Equity (-60.6%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: RNBS is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: RNBS is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is RNB Retail and Brands's financial position?


Financial Position Analysis

Short Term Liabilities: RNBS's short term assets (SEK631.1M) exceeds its short term liabilities (SEK454.2M)

Long Term Liabilities: RNBS's short term assets (631.1M) exceeds its long term liabilities (422.7M)


Debt to Equity History and Analysis

Debt Level: RNBS's debt to equity ratio (192.7%) is considered high

Reducing Debt: RNBS's debt to equity ratio has increased from 150.1% to 192.7% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: RNBS's debt is covered by short term assets (assets are 1.393460x debt).


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, even with free cash flow being positive and shrinking by -52.5% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.8%markettop25%4.7%industryaverage4.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of RNB Retail and Brands's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Magnus Håkansson (56yo)

8.4yrs

Tenure

kr5,676,000

Compensation

Mr. Magnus Hakansson has been the Chief Executive Officer and President at RNB Retail and Brands AB (publ) since May 1, 2011. Mr. Hakansson served as the Chairman of RNB Retail and Brands AB from February  ...


CEO Compensation Analysis

Compensation vs. Market: Magnus's total compensation ($USD586.56K) is above average for companies of similar size in the Swedish market ($USD123.93K).

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


Management Age and Tenure

3.8yrs

Average Tenure

49yo

Average Age

Experienced Management: RNBS's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

5.8yrs

Average Tenure

59.5yo

Average Age

Experienced Board: RNBS's board of directors are considered experienced (5.8 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Magnus Håkansson (56yo)

    President & CEO

    • Tenure: 8.4yrs
    • Compensation: kr5.68m
  • Lina Söderqvist (49yo)

    Chief Executive Officer of Brothers

    • Tenure: 1.5yrs
  • Yvonne Magnusson (54yo)

    CEO of Departments & Stores

    • Tenure: 1yrs
  • Kristian Lustin (49yo)

    Chief Financial Officer

    • Tenure: 4.5yrs
  • Nanna Hedlund (45yo)

    Chief Executive Officer of Polarn O. Pyret

    • Tenure: 3.8yrs
  • Martin Jungerts (38yo)

    Logistics Director

    • Tenure: 0yrs

Board Members

  • Michael Lemner (62yo)

    Director

    • Tenure: 6.8yrs
    • Compensation: kr172.00k
  • Laszlo Kriss (73yo)

    Chairman

    • Tenure: 8.4yrs
    • Compensation: kr401.00k
  • Per Thunell (66yo)

    Vice Chairman of the Board

    • Tenure: 0yrs
    • Compensation: kr197.00k
  • Monika Elling (57yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: kr247.00k
  • Joel Lindeman (43yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: kr172.00k
  • Sara Wimmercranz (39yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: kr172.00k

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: kr42.899m
  • Shares outstanding: 33.91m
  • Website: https://www.rnb.se

Number of Employees


Location

  • RNB Retail and Brands AB (publ)
  • Drottninggatan 33
  • PO Box 16142
  • Stockholm
  • Stockholm County
  • 103 23
  • Sweden

Listings

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

Biography

RNB Retail and Brands AB (publ) owns, operates, and develops 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 Analysis2019/10/18 20:52
End of Day Share Price2019/10/18 00:00
Earnings2019/08/31
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.