REJECT SHOP LIMITED (TRS)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

TRS - REJECT SHOP LIMITED

FNArena Sector : Household & Personal Products
Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 1.87
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.96

21 Nov
2024

0.010

OPEN

$2.95

0.34%

HIGH

$2.97

9,127

LOW

$2.95

TARGET
$3.767 27.3% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ABY . AOV . BRG . DSK . MYR . SSG .
FNARENA'S MARKET CONSENSUS FORECASTS
TRS: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 12.4 20.4 xxx
DPS (cps) xxx 0.0 12.8 xxx
EPS Growth xxx - 54.4% 64.6% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 14.8 xxx
Dividend Yield xxx N/A 4.2% xxx
Div Pay Ratio(%) xxx N/A 62.5% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

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: 18/04 - ex-div 10c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx12.4
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx852.7 M
Book Value Per Share xxxxxxxxxxxxxxx455.8
Net Operating Cash Flow xxxxxxxxxxxxxxx102.1 M
Net Profit Margin xxxxxxxxxxxxxxx0.55 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx2.68 %
Return on Invested Capital xxxxxxxxxxxxxxx1.45 %
Return on Assets xxxxxxxxxxxxxxx0.95 %
Return on Equity xxxxxxxxxxxxxxx2.68 %
Return on Total Capital xxxxxxxxxxxxxxx4.22 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx76.5 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx81 M
Long Term Debt xxxxxxxxxxxxxxx155 M
Total Debt xxxxxxxxxxxxxxx236 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx50 M
Price To Book Value xxxxxxxxxxxxxxx0.74

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx15.7 M
Capex % of Sales xxxxxxxxxxxxxxx1.85 %
Cost of Goods Sold xxxxxxxxxxxxxxx615 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx221 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

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

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

23/08/2024

1

Buy

$4.40

48.65%

Ord Minnett notes the FY24 EBIT from Reject Shop, while down -41.3%, was ahead of forecasts. The decline in earnings was driven by cost increases.

The broker observes a "solid" start to FY25 with sales growth of 1.5% in the first seven weeks. Importantly, an improvement in gross margins has been flagged although the gains are expected to be offset to some extent by ongoing cost pressures.

Buy rating retained. Target rises to $4.40 from $4.20.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 12.50 cents and EPS of 20.20 cents.
Ord Minnett forecasts a full year FY26 dividend of 14.50 cents and EPS of 23.40 cents.

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

21/10/2024

2

Overweight

$5.10

72.30%

Jarden liked the trading update at Reject Shop's AGM with sales and gross margins showing ongoing improvements, underpinned by consumables and general merchandise.

As per the broker, sales rose year-to-date on an annual basis, boosted by new ranges, higher selling prices and increased customer engagement. Gross margins advanced with higher margin ranges assisting.

Management confirmed five store closures in FY25 with 15-20 new stores openings.

Jarden does not alter earnings forecasts. Overweight rating and $5.10 price target maintained.

FORECAST
Jarden forecasts a full year FY25 dividend of 15.00 cents and EPS of 18.20 cents.
Jarden forecasts a full year FY26 dividend of 33.00 cents and EPS of 39.00 cents.
Access Extra Coverage Research History >

TRS STOCK CHART

FNArena News on TRS

1
Australian Broker Call *Extra* Edition – Oct 21, 2024

Oct 21 2024 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Aug 27, 2024

Aug 27 2024 - Daily Market Reports
3
FNArena Corporate Results Monitor – 23-08-2024

Aug 23 2024 - Australia
4
In Brief: Airlines, Pathology & Seek

Jul 12 2024 - Weekly Reports
5
In Case You Missed It – BC Extra Upgrades & Downgrades – 14-06-24

Jun 14 2024 - Weekly Reports

Latest Household & Personal Products News

1
Breville Takes On Trump’s Tariffs

Nov 12 2024 - Australia
2
Breville’s Replacement Cycle Tailwind

Oct 02 2024 - Australia
3
Breville: Struggling

Sep 19 2023 - Technicals
4
Breville: Building Platform For Future Growth

Aug 25 2023 - Australia
5
Shine Comes Off Adore Beauty

Aug 31 2022 - Small Caps
6
BWX: Core Brands, Balance Sheet & Digital For Sale

May 23 2022 - Australia
7
Breville Promises (Lots Of) Growth

Feb 18 2022 - Australia
8
Treasure Chest: BWX Ltd

Nov 26 2021 - Treasure Chest
9
Market Misunderstands Breville’s Strategy

Aug 19 2021 - Australia
10
The Reject Shop (Still) Requires A Leap Of Faith

Jun 09 2021 - Australia