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9904 - Verite Co Share Price

¥396 -4.0  -1.0%

Last Trade - 12:40am

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £72.7m
Enterprise Value £62.0m
Revenue £48.5m
Position in Universe 2400th / 3898
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +12.0%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -5.44%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
8,603 8,389 8,537 8,449 8,373 7,873 -1.8%
+413.8 +115.4 -14.9 -13.2
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 31 December 2020, VeriteCo Ltd revenues decreased 11% to Y5.26B. Net incomeapplicable to common stockholders decreased 7% to Y395M.Revenues reflect a decrease in demand for the Company'sproducts and services due to unfavorable market conditions.Net income also reflects Other Non-Operating Income(Expense) increase of 100% to Y2M (expense). Dividend pershare decreased from Y19.94 to Y15.56.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
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Distress
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Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

9904 Dividend Yield Range Unlock 9904 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
9904 EPS Forecasts Unlock 9904 Revenue
Profile Summary

Verite Co.,Ltd. is a Japan-based company mainly engaged in the retail and wholesale of jewelry. The Company’s major categories include jewelry, precious metals, watches and fashion goods. The Company is engaged in the provision of rings, necklaces, earrings and bracelet products. The Company operates through the brands including VERITE, MAHARAJA DIAMOND, MiMiKaZaRi and Velicia. The Company is also involved in the provision of after-sales services such as free cleaning, repair and processing, trade-in of metal and renovation. The Company operates its shops in Tohoku, Kanto, Chubu, Kinki and Chugoku area.

Directors
Last Annual March 31st, 2020
Last Interim December 31st, 2020
Incorporated May 13, 1948
Public Since September 26, 1991
No. of Shareholders: 9,642
No. of Employees: 378
Sector Consumer Cyclicals
Industry Specialty Retailers
Index
Exchange Tokyo Stock Exchange
Shares in Issue 27,134,573
Free Float (0.0%)
Eligible for
ISAs
SIPPs
9904 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for 9904
Upcoming Events for 9904
Tuesday 30th March, 2021
Dividend For 9904.T - 8.5600 JPY
Frequently Asked Questions for Verite Co
What is the Verite Co share price?

As of 12:40am, shares in Verite Co are trading at ¥396, giving the company a market capitalisation of £72.7m. This share price information is delayed by 15 minutes.

How has the Verite Co share price performed this year?

Shares in Verite Co are currently trading at ¥396 and the price has moved by 23.46% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Verite Co price has moved by -9.96% over the past year.

What are the analyst and broker recommendations for Verite Co?

Of the analysts with advisory recommendations for Verite Co, there are there are currently "buy" , "hold" and "sell" recommendations. The overall consensus recommendation for Verite Co is Not available. You can view the full broker recommendation list by unlocking its StockReport.

When will Verite Co next release its financial results?

Verite Co is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Verite Co dividend yield?

The Verite Co dividend yield is 3.89% based on the trailing twelve month period.

Does Verite Co pay a dividend?

Last year, Verite Co paid a total dividend of 15.56, and it currently has a trailing dividend yield of 3.89%. Looking ahead, shares in Verite Co are due to go ex-dividend on 2021-03-30 and the next dividend pay date is 2021-06-01.

When does Verite Co next pay dividends?

Verite Co are due to go ex-dividend on 2021-03-30 and the next dividend pay date is 2021-06-01. The historic dividend yield on Verite Co shares is currently 3.89%.

How do I buy Verite Co shares?

To buy shares in Verite Co you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Verite Co?

Shares in Verite Co are currently trading at ¥396, giving the company a market capitalisation of £72.7m.

Where are Verite Co shares listed? Where are Verite Co shares listed?

Here are the trading details for Verite Co:

Country of listing: Japan
Exchange: TYO
Ticker Symbol: 9904
What kind of share is Verite Co?

Based on an overall assessment of its quality, value and momentum, Verite Co is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Verite Co share price forecast 2021?

We were not able to load any forecast data for Verite Co.

How can I tell whether the Verite Co share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Verite Co. Over the past six months, the relative strength of its shares against the market has been 56.5%. At the current price of ¥396, shares in Verite Co are trading at 46.84% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Verite Co PE Ratio?

The Verite Co PE ratio based on its reported earnings over the past 12 months is 19.86. The shares are currently trading at ¥396.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Verite Co?

Verite Co's management team is headed by:

Yoshitaka Miyakozawa - EXO
Yasuyuki Ohmori - EXO
Arpan Jaweri - PRE
Chettan Choksi - IND
Kavan Choksi - VPR
Joji Nakabayashi - SEO
Kenichi Nimonji - EXO
Isamu Suzuki - EXO
Hirotaka Shiina - EXO
Koki Kikuchi - FID
Adil Kulkarni - IND
Hidenori Ikawa - IND
Hirofumi Yonehata - CFO
Masato Nishii - DRC
Who are the major shareholders of Verite Co?

Here are the top five shareholders of Verite Co based on the size of their shareholding:

JewelSource Japan Holdings K.K. Corporation
Percentage owned: 59.28% (16.1m shares)
Ohkubo (Kimio) Individual Investor
Percentage owned: 3.38% (919k shares)
Oei Company Corporation
Percentage owned: 1.38% (377k shares)
C.I.F. Holding KK Corporation
Percentage owned: 0.59% (160k shares)
Yamashita (Hiroshi) Individual Investor
Percentage owned: 0.54% (148k shares)
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