REJECT SHOP LIMITED (TRS)
Share Price Analysis and Chart

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TRS - REJECT SHOP LIMITED

Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 1.83
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.41

27 Mar
2024

-0.040

OPEN

$4.65

-0.90%

HIGH

$4.65

14,847

LOW

$4.41

TARGET
$5.317 20.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABY . BRG . BWX . DSK . GUD . MYR . SSG .
FNARENA'S MARKET CONSENSUS FORECASTS
TRS: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A 19.8 xxx
DPS (cps) xxx N/A 12.1 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 23.0 xxx
Dividend Yield xxx N/A 2.7% xxx
Div Pay Ratio(%) xxx N/A 61.2% xxx

Dividend yield today if purchased 3 years ago: 2.59%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.52

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 19/10 - ex-div 16c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx27.2
DPS All xxxxxxxxxxxxxxx16.0
Sales/Revenue xxxxxxxxxxxxxxx819.3 M
Book Value Per Share xxxxxxxxxxxxxxx481.6
Net Operating Cash Flow xxxxxxxxxxxxxxx111.0 M
Net Profit Margin xxxxxxxxxxxxxxx1.26 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx5.75 %
Return on Invested Capital xxxxxxxxxxxxxxx3.21 %
Return on Assets xxxxxxxxxxxxxxx2.09 %
Return on Equity xxxxxxxxxxxxxxx5.75 %
Return on Total Capital xxxxxxxxxxxxxxx4.50 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx98.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx84 M
Long Term Debt xxxxxxxxxxxxxxx144 M
Total Debt xxxxxxxxxxxxxxx228 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx77 M
Price To Book Value xxxxxxxxxxxxxxx0.94

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx12.1 M
Capex % of Sales xxxxxxxxxxxxxxx1.48 %
Cost of Goods Sold xxxxxxxxxxxxxxx595 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx206 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

23/02/2024

3

Downgrade to Equal-weight from Overweight

$4.75

7.71%

First half sales and gross profit were largely in line with Morgan Stanley's estimates. Yet, in terms of the outlook, Reject Shop indicated  total sales growth of 4.8% in the first seven weeks of the second half and expects gross margins of less than 40% in FY24.

Even factoring in a recovery in FY25-26 Morgan Stanley cuts estimates for EPS by -23-26%. While "liking" comparables and the costs of doing business in the half, the broker remains concerned about sales growth, gross margins and labour costs.

Rating is downgraded to Equal-weight from Overweight. Target is reduced to $4.75 from $6.40. Industry view is In-Line.

FORECAST
Morgan Stanley forecasts a full year FY24 dividend of 10.30 cents and EPS of 21.00 cents.
Morgan Stanley forecasts a full year FY25 dividend of 14.30 cents and EPS of 29.00 cents.

Ord Minnett

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

TRS STOCK CHART