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Jerash Holdings (US), Inc.Informe acción NasdaqCM:JRSH

Capitalización bursátil US$44.3m
Precio de las acciones
US$3.36
US$4.5
25.3% infravalorado descuento intrínseco
1Y5.4%
7D-4.3%
Valor de la cartera
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Jerash Holdings (US), Inc.

Informe acción NasdaqCM:JRSH

Capitalización de mercado: US$44.3m

Jerash Holdings (US) (JRSH) Resumen de Acciones

Jerash Holdings (US), Inc., a través de sus filiales, fabrica y exporta ropa deportiva a medida, confeccionada, y ropa exterior mediante tejidos de punto. Saber más

Análisis fundamental de JRSH
Puntuación del snowflake
Valoración0/6
Crecimiento futuro3/6
Rendimiento pasado2/6
Salud financiera3/6
Dividendos2/6

Recompensas

Se prevé un crecimiento anual de los beneficios de 34.05%

Ha pasado a ser rentable este año

Análisis de riesgos

El dividendo de 5.99% no está bien cubierto por las ganancias o los flujos de caja libres

No tiene una capitalización de mercado significativa ($44M)


JRSH Community Fair Values

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Competidores de Jerash Holdings (US), Inc.

Historial de precios y rendimiento

Resumen de las cotizaciones máximas, mínimas y variaciones del Jerash Holdings (US)
Precios históricos de las acciones
Precio actual de la acciónUS$3.34
Máximo en las últimas 52 semanasUS$3.60
Mínimo de 52 semanasUS$2.85
Beta1.11
Cambio en 1 mes11.71%
Variación en 3 meses8.79%
Cambio de 1 año5.36%
Variación en 3 años-24.77%
Variación en 5 años-49.39%
Variación desde la OPV-61.12%

Noticias y actualizaciones recientes

Artículo de análisis • Feb 12

Results: Jerash Holdings (US), Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

It's been a pretty great week for Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) shareholders, with its shares surging 11...
Artículo de análisis • Feb 10

Some Investors May Be Worried About Jerash Holdings (US)'s (NASDAQ:JRSH) Returns On Capital

When researching a stock for investment, what can tell us that the company is in decline? Typically, we'll see the...

Recent updates

Artículo de análisis • Feb 12

Results: Jerash Holdings (US), Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

It's been a pretty great week for Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) shareholders, with its shares surging 11...
Artículo de análisis • Feb 10

Some Investors May Be Worried About Jerash Holdings (US)'s (NASDAQ:JRSH) Returns On Capital

When researching a stock for investment, what can tell us that the company is in decline? Typically, we'll see the...
Artículo de análisis • May 13

Is Jerash Holdings (US) (NASDAQ:JRSH) Using Debt Sensibly?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Artículo de análisis • Apr 05

At US$3.08, Is Jerash Holdings (US), Inc. (NASDAQ:JRSH) Worth Looking At Closely?

Jerash Holdings (US), Inc. ( NASDAQ:JRSH ), is not the largest company out there, but it received a lot of attention...
Artículo de análisis • Nov 15

Jerash Holdings (US), Inc. Just Recorded A 7.5% Revenue Beat: Here's What Analysts Think

Shareholders of Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) will be pleased this week, given that the stock price is up...
Artículo de análisis • Nov 13

Does Jerash Holdings (US) (NASDAQ:JRSH) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Artículo de análisis • Aug 08

Jerash Holdings (US) (NASDAQ:JRSH) Has Affirmed Its Dividend Of $0.05

The board of Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) has announced that it will pay a dividend of $0.05 per share on...
Artículo de análisis • Jun 30

Jerash Holdings (US), Inc. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

As you might know, Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) recently reported its annual numbers. Revenues came in at...
Artículo de análisis • May 23

Jerash Holdings (US) (NASDAQ:JRSH) Has Affirmed Its Dividend Of $0.05

Jerash Holdings (US), Inc.'s ( NASDAQ:JRSH ) investors are due to receive a payment of $0.05 per share on 7th of June...
Artículo de análisis • Feb 08

Jerash Holdings (US) (NASDAQ:JRSH) Is Due To Pay A Dividend Of $0.05

The board of Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) has announced that it will pay a dividend on the 23rd of...
Artículo de análisis • Nov 06

Jerash Holdings (US) (NASDAQ:JRSH) Is Due To Pay A Dividend Of $0.05

The board of Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) has announced that it will pay a dividend of $0.05 per share on...
Artículo de análisis • Aug 12

Jerash Holdings (US) (NASDAQ:JRSH) Is Due To Pay A Dividend Of $0.05

Jerash Holdings (US), Inc.'s ( NASDAQ:JRSH ) investors are due to receive a payment of $0.05 per share on 23rd of...
Artículo de análisis • Feb 07

Jerash Holdings (US) (NASDAQ:JRSH) Will Pay A Dividend Of $0.05

The board of Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) has announced that it will pay a dividend on the 21st of...
Artículo de análisis • Nov 07

Jerash Holdings (US) (NASDAQ:JRSH) Has Announced A Dividend Of $0.05

Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) has announced that it will pay a dividend of $0.05 per share on the 28th of...
Seeking Alpha • Sep 21

Jerash: The Coming Months Could Be Challenging But The Company Is Cheap

Summary The company’s Q1 FY23 revenues rose by 12% to $31.4 million, and the gross margin stood at 19.8%. However, major customers are placing smaller orders, and this means that the product mix has to shift to lower-margin items. Jerash is bracing for flat sales growth in FY23 and the gross margin goal for the period is 16-18%. Yet, I think the stock is cheap as the annual gross income at a 16% margin is about $23 million. Jerash had a net cash position of $5.8 million at the end of June and its enterprise value is only $40.3 million. Introduction Jerash Holdings (JRSH) is a Jordan-focused apparel company which I covered on SA in early July. It's still on my shortlist and I think the Q1 FY23 results were strong as revenues grew by 12% and the gross margin increased to 19.8%. However, revenues for Q2 FY23 are expected to decline year on year and the gross margin goal for FY23 is 16-18%. In addition, there are expectations for flat sales growth for the full fiscal year. In my view, Jerash looks cheap even without revenue growth as the annual gross income at a 16% margin is about $23 million. The company had a net cash position of $5.8 million at the end of June, and its enterprise value stands at only $40.3 million as of the time of writing. Let's review. Overview of the Q1 FY23 financials In case you haven't read my first article about Jerash, here's a short description of the business and the reason it's manufacturing facilities are based in Jordan. The company produces t-shirts, polo shirts, pants, shorts, and jackets for major U.S. brands such as The North Face, Calvin Klein, and American Eagle and its annual capacity is about 14 million pieces per year. Capacity was boosted by about 20% in October 2021 when Jerash acquired its sixth factory in Jordan. USA and Jordan have had a free trade agreement for 20 years now and this means that the company's exports are exempt from customs duties and import quotas. Jordan also has a similar agreement with the EU and Jerash thus has a strong competitive advantage over competitors from Asia. Turning our attention to the Q1 FY23 financial results, revenues increased by 12% year on year to $31.4 million thanks to the addition of its sixth factory. This helped Jerash trim the concentration of its sales to the USA a bit as a significant part of the revenue growth comes from domestic orders. Jerash The gross margin increased by 100 basis points, mainly thanks to a lower average cost basis as a result of economies of scale. However, the net income declined to $1.7 million from $1.9 million a year earlier due to a 24% increase in operating expenses to $4.4 million following higher stock-based payments, delivery, and foreign worker travelling expenses. Jerash Looking ahead, Jerash will start working on initial orders for Skechers and Timberland in Q2 FY23, which represent an estimated 700,000 pieces annually. However, the 500,000 pieces order for Skechers is for women's polos, while the 200,000 pieces order for Timberland is for four fleece styles of outerwear and the company said in its Q1 FY23 earnings call that these products have lower margins compared to the current mix. Jerash added that its major customers are now placing smaller purchase orders due to high inventory levels and inflationary pressures around the world. This means that the company will have to rely more on local orders to keep operating at full capacity, and this will shift the product mix to things like shorts, crew neck and pullover shirts that have lower average selling prices. In light of this, Jerash now expects FY23 revenue growth to be basically flat, with a decline in Q2 to $41-$43 million compared to $45.7 million a year earlier. The company should have good visibility for the quarter considering its manufacturing capacity is fully booked through December 2022. Overall, it seems the contract apparel manufacturing sector in Jordan is facing significant headwinds at the moment due to deteriorating global macroeconomic conditions, but the silver lining is that Jerash seems to be navigating through this situation well for now. At the Q1 FY23 earnings call, the management said that this is the only local company running at full capacity and that some of its competitors are running at 30% below full capacity. I think that a lot of the negative investor expectations are already priced in Jerash' market valuation as the share price is down by almost 40% over the past 12 months. In my view, gross margins of 16% sound compelling even without growth and I continue to think that the company should be trading above $7.00. There don't seem to be any potential catalysts here in the near term, but the downside risk could be limited as Jerash has a $3 million share repurchase program. Looking at the risks for the bull case, the main ones that I mentioned in July included a reliance on a limited number of customers and suppliers and rising social unrest across the Middle East due to high global food prices. In Q1 FY23, VF Corporation accounted for 66% of revenues but this share should decrease somewhat over the coming months due to the shift to local orders. Yet, the potential loss of such a large client would still have a devastating impact on the business of Jerash. Looking at global food prices, the FAO Food Price Index has declined significantly over the past two months, and I no longer think that we could see another Arab Spring in the near future.
Seeking Alpha • Aug 11

Jerash Holdings GAAP EPS of $0.14 beats by $0.02, revenue of $33.4M misses by $0.69M

Jerash Holdings press release (NASDAQ:JRSH): FQ1 GAAP EPS of $0.14 beats by $0.02. Revenue of $33.4M (+11.7% Y/Y) misses by $0.69M. FY2023 Outlook: Revenue: $41M to $43M vs. consensus of $160.36M; Gross margin: 16% to 18%. "We continue to focus on enhancing our ESG efforts in everything we do, including the construction of a high-quality, energy-efficient, contemporary living space, which is expected to be completed this fall. We plan to move approximately 1,500 of our multi-national workers to this new dormitory at the end of 2022, which, in turn, will save our company about $500,000 in rental expenses next year."
Artículo de análisis • Aug 09

Jerash Holdings (US) (NASDAQ:JRSH) Has Affirmed Its Dividend Of $0.05

Jerash Holdings (US), Inc.'s ( NASDAQ:JRSH ) investors are due to receive a payment of $0.05 per share on 24th of...
Seeking Alpha • Aug 05

Jerash Holdings declares $0.05 dividend

Jerash Holdings (NASDAQ:JRSH) declares $0.05/share quarterly dividend, in line with previous. Forward yield 3.57% Payable Aug. 24; for shareholders of record Aug. 17; ex-div Aug. 16. See JRSH Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jul 01

Jerash Has A Good Moat But There Are Major Risks

The company has apparel manufacturing facilities in Jordan in order to benefit from a trade agreement between the country with the USA. The business is growing rapidly and revenues and net income came in at $143.3 million and $7.9 million in FY22, respectively. However, just two clients account for over 90% of revenues, and social unrest could spread across Jordan due to rising food prices. Overall, I view Jerash as a speculative buy, and I think that the company should be trading at above 5x EV/EBITDA. Introduction I've been looking for undervalued microcap stocks and among the companies on my shortlist is Jerash Holdings (JRSH). It's an apparel company with facilities in Jordan that is benefitting from a free trade agreement between this country with the USA and I think it looks cheap at the moment. Jerash closed its FY22 with revenues of $143.4 million and a net income of $7.9 million. On top of that, it recently launched a $3 million share buyback program. Not bad at all for a company valued at $59.3 million. Let's review. Overview of the business and financials Jerash was founded in 2016 and it is involved in the manufacturing of t-shirts, polo shirts, pants, shorts, and jackets for major U.S. brands such as The North Face, Calvin Klein, and American Eagle. The company has subsidiaries in the USA, Jordan, and China and most of its revenues come from the USA. Jerash Holdings You see, the USA and Jordan have had a free trade agreement since 2002, which means that Jerash can sell its products in the USA free from customs duties and import quotas. This way, the company has a significant advantage compared to U.S. producers thanks to lower wages and on top of that, most of its factories are located in a development zone. A total of 5 factories and 4 warehouses are located in Al Tajamouat Industrial City, which means that they are subject to an 18% or 20% corporate income tax plus a 1% social contribution. The sixth factory is located in Al-Hasa County and manufactures garment products per customer orders. It accounts for just 400 of the company's 5,700 employees. As of March 2022, Jerash had an annual production capacity of around 14 million pieces and around 35% of pieces shipped in its FY ended March 31, 2022 were jackets. As COVID-19 gripped the world, the company also started to produce personal protective equipment in 2020. Turning our attention to the financial performance of the business, Jerash closed 2022 with 58.9% increase in sales while its net income almost doubled. Jerash Holdings The main reason for the strong results was the lifting of COVID-19 restrictions in the USA and the company mentioned in its FY22 financial report that all its factories were fully booked until December 2022 (page 21 here). However, I find it concerning that the majority of revenues come from just a few U.S. companies. You see, just over two-thirds of Jerash's FY 2022 sales were from VF Corporation and most of its products are sold under The North Face brand. Another 24.1% of sales came from New Balance, whose brands include Calvin Klein, and Tommy Hilfiger among others. Jerash Holdings This means that a loss of U.S. market share for these two clients would have a significant negative impact on the financial performance of Jerash. Also, the business of the company is seasonal and a sizable portion of revenues is received during the first half of its fiscal year as most of the orders from VF Corporation come from winter season fashions. Turning our attention to expenses, there is a large counterparty risk here too as about 20% of garments and raw materials in FY22 came from just 2 major suppliers. On a positive note, I think the balance sheet looks strong. As of March 2022, Jerash had $25.2 million in cash and there were no debts. The company has an enterprise value of $32.9 million as of the time of writing and is trading at an EV/EBITDA multiple of just 2.6x. Jerash Holdings So, what does Jerash plan to do with its large cash pile? Well, the company has a quarterly dividend of $0.05 per share, which translates into a dividend yield of 4.25%. And on June 13, Jerash announced a $3 million share repurchase program. Overall, I view Jerash as a rapidly growing and profitable apparel manufacturer that has a good moat thanks to Jordan's free trade deal with the USA. The balance sheet is strong, and the recently announced $3 million share buyback is likely to boost the share price. I think that Jerash should be trading at above 5x EV/EVITDA, which is equal to around $7.15 per share.

Rentabilidad de los accionistas

JRSHUS LuxuryMercado US
7D-4.3%-0.9%2.1%
1Y5.4%-6.4%30.6%

Rentabilidad vs. Industria: JRSH superó a la industria US Luxury, que obtuvo un rendimiento del -6.4% el año pasado.

Rentabilidad vs. Mercado: JRSH obtuvo unos resultados inferiores a los del mercado US, que fueron del 30.6% el año pasado.

Volatilidad de los precios

Is JRSH's price volatile compared to industry and market?
JRSH volatility
JRSH Average Weekly Movement5.5%
Luxury Industry Average Movement6.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Precio estable de las acciones: JRSH no ha tenido una volatilidad de precios significativa en los últimos 3 meses en comparación con el mercado US.

Volatilidad a lo largo del tiempo: La volatilidad semanal de JRSH (6%) se ha mantenido estable durante el año pasado.

Acerca de la empresa

FundadaEmpleadosCEOPágina web
20166,000Samuel or Sam Choiwww.jerashholdings.com

Jerash Holdings (US), Inc. fabrica y exporta, a través de sus filiales, ropa deportiva a medida y confeccionada, así como prendas exteriores de punto. La empresa ofrece camisetas, chaquetas, chalecos, pantalones, pantalones cortos y polos, así como equipos de protección individual. Sirve a varias marcas y minoristas en Estados Unidos, Hong Kong, Alemania, China, Jordania y a escala internacional.

Resumen de fundamentos de Jerash Holdings (US), Inc.

¿Cómo se comparan los beneficios e ingresos de Jerash Holdings (US) con su capitalización de mercado?
Estadísticas fundamentales de JRSH
Capitalización bursátilUS$44.32m
Beneficios(TTM)US$1.80m
Ingresos (TTM)US$152.62m
23.6x
Ratio precio-beneficio (PE)
0.3x
Ratio precio-ventas (PS)

¿Está JRSH sobrevalorada?

Ver valor justo y análisis de valoración

Beneficios e Ingresos

Estadísticas clave de rentabilidad del último informe de resultados (TTM)
Cuenta de resultados (TTM) de JRSH
IngresosUS$152.62m
Coste de los ingresosUS$127.95m
Beneficio brutoUS$24.67m
Otros gastosUS$22.87m
BeneficiosUS$1.80m

Últimos beneficios comunicados

Dec 31, 2025

Próxima fecha de beneficios

n/a

Beneficios por acción (BPA)0.14
Margen bruto16.16%
Margen de beneficio neto1.18%
Ratio deuda/patrimonio14.7%

¿Cómo se ha desempeñado JRSH a largo plazo?

Ver rendimiento histórico y comparativa

Dividendos

6.0%
Rentabilidad actual por dividendo
141%
Ratio de pagos
¿Cuándo hay que comprar JRSH para recibir un próximo dividendo?
fechas de dividendos de Jerash Holdings (US)
Fecha ex dividendoMay 14 2026
Fecha de pago de dividendosMay 21 2026
Días hasta ex dividendo4 days
Días hasta la fecha de pago de dividendos11 days

Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/05/07 08:31
Precio de las acciones al final del día2026/05/07 00:00
Beneficios2025/12/31
Ingresos anuales2025/03/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Jerash Holdings (US), Inc. está cubierta por 4 analistas. 2 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
Michael BakerD.A. Davidson & Co.
Mark ArgentoLake Street Capital Markets, LLC
Ryan MeyersLake Street Capital Markets, LLC