Contents
1. The overview of “Restoration Hardware”
2. The detailed data of “Restoration Hardware”
3. The map of “Restoration Hardware”
4. The stock weekly chart of “Restoration Hardware”
5. The stock weekly trading radar of “Restoration Hardware”
6. The annual filings of “Restoration Hardware”
7. The stock price of “Restoration Hardware”
* Last update: February 8, 2022
The overview of “Restoration Hardware”
“Restoration Hardware Holdings, Inc” is a Luxury home furnishing company established by Stephen Gordon in 1979. The head office of the company is in Corte Madera, California, the U.S., and operates their business through stores, galleries, online and catalog magazines. In addition, they have total 36 outlet stores in the United States and Canada. (As of August 2018)
After the company was listed on the U.S. stock market in 1998, they expanded branch of stores one after another. As a result, they had been operating more than 100 stores in 31 states in the U.S. until 2001. However, after that, the company resigned public offering, and managed initial public offering again on the New York Stock Exchange (NYSE).
The detailed data of “Restoration Hardware”
●Established date： 1979
●Location： 15 Koch Rd, Corte Madera, CA 94925
●Stock Exchange： NYSE（RH）
●Listing date： 1998, 2012
●Business details： Luxury home furnishings（Retail）
●Official website： https://rh.com/
The map of “Restoration Hardware”
The stock weekly chart of “Restoration Hardware”
The stock weekly trading radar of “Restoration Hardware”
The annual filings of “Restoration Hardware”
* Date: Mar 30, 2020
* Date: Mar 29, 2019
* in thousands, except share amounts
| Cutoff date | January 30, 2021 | February 1, 2020 | February 2, 2019 | February 3, 2018 |
|---|---|---|---|---|
| Operating income | 466,858 | 362,831 | 261,736-289,230 | 131,301 |
| Net income attributable | 271,815 | 220,375 | 135,731-150,639 | 2,180 |
| Total current assets | 801,484 | 596,952 | 703,967-682,693 | 644,930 |
| Total current liabilities | 921,632 | 982,912 | 992,586-918,172 | 519,335 |
| Current ratio (1.2 or more is the best) | 0.87 | 0.61 | 0.71-0.74 | 1.24 |
| Common stock and additional paid-in capital | 581,899 | 430,664 | 356,424 | 840,767 |
| Treasury stock | N/A | N/A | (243) | (1,000,326) |
| Retained earning, Accumulated deficit | (137,438) | (409,253) | (392,537)-(376,810) | 152,394 |
| Total stockholders' equity | 447,026 | 18,651 | (38,690)-(22,962) | (7,336) |
| Total equity and liabilities | 2,898,313 | 2,445,694 | 2,423,018-1,806,034 | 1,732,866 |
| Equity ratio (20% or more is better) (50% or more is the best) | 15.42% | 0.76% | N/A | N/A |
| Cash flows from operating activities | 500,770 | 339,188 | 249,603-300,556 | 556,817 |
| Cash flows from investing activities | (197,600) | (122,545) | (79,992)-(136,736) | 44,691 |
| Cash flows from financing activities | (243,914) | (174,804) | (188,992)-(183,201) | (691,413) |
| Free cash flow | 303,170 | 216,643 | 169,611 | 601,508 |
The stock price of “Restoration Hardware”
Current ratio is less than standard value, so it has concerns on cash.
However, as Net income increases and Common stock except Treasury stock was purchased, Accumulated deficit declined.
（Accumulated deficit is being covered by the positive impact of the Common stock issuance.）
In addition, Equity ratio has been improved from a quite low level.
Furthermore, Free cash flow is good situation for 3 years in a row.
That's why, the company's stock price might tend to increase in 2021.
* Comment
Current ratio is less than standard value, so it has concerns on cash.
Also, Accumulated deficit ascended even though Net income increased.
（Accumulated deficit is being covered by the positive impact of the Common stock issuance.）
However, Equity ratio has turned positive.
In addition, Free cash flow is good situation for 2 years in a row.
On the other hand, Free cash flow decrease significantly.
That's why, the prediction of the company's stock price in 2019 is difficult.
* Comment
Current ratio decrease and was less than standard value, so it has concerns on cash.
Also, Retained earning turned negative to Accumulated deficit even though Net income increased.
（Accumulated deficit is being covered by the positive impact of the Common stock issuance.）
On the other hand, Free cash flow decrease significantly.
| Term year | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Entity min stock price in monthly chart | N/A | approx 448.00 (Jan) | approx 93 (Apr) | approx 84.7 (Jun) | approx 85.0 (Feb) |
| Entity max stock price in monthly chart | N/A | approx 701.50 (Sep) | approx 457 (Dec) | approx 214 (Dec) | approx 162.0 (Sep) |
| Stock price increase ratio (50% or more is the best) | N/A | 56.58% | 491.00% | 152.70% | 90.60% |
