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Crown Crafts, Inc.NasdaqCM:CRWS Rapport sur les actions

Capitalisation boursière US$30.5m
Prix de l'action
US$2.76
US$11.05
75.0% sous-évalué décote intrinsèque
1Y-12.7%
7D1.1%
Valeur du portefeuille
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Crown Crafts, Inc.

NasdaqCM:CRWS Rapport sur les actions

Capitalisation boursière : US$30.5m

Crown Crafts (CRWS) Aperçu de l'action

Crown Crafts, Inc. par l'intermédiaire de ses filiales, opère dans le secteur des produits de consommation aux États-Unis et dans le monde entier. Plus de détails

CRWS analyse fondamentale
Score flocon de neige
Évaluation4/6
Croissance future0/6
Performances passées0/6
Santé financière4/6
Dividendes3/6

Récompenses

Se négocie à 75% en dessous de notre estimation de sa juste valeur

Analyse des risques

Les revenus ont diminué de 50.9% par an au cours des 5 dernières années

N'a pas de capitalisation boursière significative ( $30M )

Le dividende de 11.59% n'est pas bien couvert par les bénéfices


CRWS Community Fair Values

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Crown Crafts, Inc. Concurrents

Historique des prix et performances

Résumé des hausses, des baisses et des variations du cours de l'action pour la période du 1er janvier au 31 décembre 2009 Crown Crafts
Historique des cours de bourse
Prix actuel de l'actionUS$2.76
Plus haut sur 52 semainesUS$3.38
Plus bas sur 52 semainesUS$2.35
Bêta0.66
Variation sur 1 mois5.75%
Variation sur 3 mois-11.82%
Variation sur 1 an-12.66%
Variation sur 3 ans-45.99%
Variation sur 5 ans-64.39%
Évolution depuis l'introduction en bourse259.82%

Nouvelles et mises à jour récentes

Recent updates

Article d'analyse • May 23

Crown Crafts' (NASDAQ:CRWS) Dividend Will Be $0.08

Crown Crafts, Inc. ( NASDAQ:CRWS ) will pay a dividend of $0.08 on the 3rd of July. The dividend yield will be 9.8...
Article d'analyse • Apr 05

Crown Crafts, Inc.'s (NASDAQ:CRWS) Earnings Are Not Doing Enough For Some Investors

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 17x, you may...
Article d'analyse • Nov 15

Crown Crafts (NASDAQ:CRWS) Is Due To Pay A Dividend Of $0.08

Crown Crafts, Inc. ( NASDAQ:CRWS ) will pay a dividend of $0.08 on the 3rd of January. This means the annual payment is...
Article d'analyse • Aug 18

Crown Crafts (NASDAQ:CRWS) Will Pay A Dividend Of $0.08

The board of Crown Crafts, Inc. ( NASDAQ:CRWS ) has announced that it will pay a dividend on the 4th of October, with...
Article d'analyse • Aug 07

We Think The Compensation For Crown Crafts, Inc.'s (NASDAQ:CRWS) CEO Looks About Right

Key Insights Crown Crafts will host its Annual General Meeting on 13th of August Salary of US$400.0k is part of CEO...
Article d'analyse • Dec 13

Crown Crafts (NASDAQ:CRWS) Is Paying Out A Dividend Of $0.08

Crown Crafts, Inc.'s ( NASDAQ:CRWS ) investors are due to receive a payment of $0.08 per share on 5th of January. The...
Article d'analyse • Nov 18

Crown Crafts (NASDAQ:CRWS) Is Due To Pay A Dividend Of $0.08

Crown Crafts, Inc.'s ( NASDAQ:CRWS ) investors are due to receive a payment of $0.08 per share on 5th of January. This...
Article d'analyse • Nov 16

Calculating The Intrinsic Value Of Crown Crafts, Inc. (NASDAQ:CRWS)

Key Insights The projected fair value for Crown Crafts is US$5.09 based on Dividend Discount Model With US$4.63 share...
Article d'analyse • Aug 26

Crown Crafts (NASDAQ:CRWS) Has Affirmed Its Dividend Of $0.08

The board of Crown Crafts, Inc. ( NASDAQ:CRWS ) has announced that it will pay a dividend on the 6th of October, with...
Seeking Alpha • Sep 23

Crown Crafts Can Likely Resist A Recession And Trades At Value Price

Summary CRWS is a nimble company in the baby and toddler clothing and toy industry. The company outsources manufacturing, licenses and retailing. Although its business model seems risky, the company has operated it successfuly for almost 20 years. CRWS has not been able to grow revenues, but has increased both gross and operating margins. Its business seems to provide defenses against a recession. Without any debt, CRWS has returned most of its profits to shareholders in the form of dividends. Crown Crafts (CRWS) is a designer of toddler products, including blankets, bibs and toys. The company outsources all of its products, mostly from China, and has no retail operations, with most sales concentrated in retailers like Wal-Mart or Amazon. CRWS is a nimble company with only 130 employees, concentrated on design and sales. The company has used the outsourcing and wholesaling business model since the beginning of the 2000s. Although CRWS has not been able to grow revenue in these two decades, it has improved its margins, by controlling CoGS and SG&A. It uses minimal debt to finance working capital, and has returned most cash to investors in the form of dividends. CRWS' competitive position is not fantastic. It faces bargaining risk from its retailers (Wal-Mart, Amazon) and licensors (Disney). The company is also exposed to sourcing risk from China. However, CRWS has operated in this environment for two decades without significant problems. In terms of cyclicality, its industry can suffer from lower consumption, but even during the Great Financial Crisis, CRWS' sales and operating income did not suffer much. In my opinion, with $6 per share as a limit, CRWS' stock is an interesting opportunity for an long term investor interested in a steady dividend. With the stock trading well below its average historic P/E, it also represents an interesting capital gain opportunity. Note: Unless otherwise stated, all information has been obtained from CRWS' filings with the SEC. Industry and competitive position CRWS specializes in products for babies and toddlers. These include blankets, bibs and toys. This industry has some interesting characteristics. First, it has the essential requirement for moat building, that is, there is no way for the end customer to compare two products on a rational basis. When the customer is purchasing a baby blanket or toy, he or she may perceive differences in quality but has no metric to actually check those differences. In that perception lies moat building. Second, in most cases, end customer life is short. Most people only have one or two children during their life, usually close in age to each other, and in some cases the second child can receive objects from the first child. It is true however that people may have several nephews, nieces, grandchildren or friends' children during their life, but even these situations are concentrated by generation. Most generations have kids at similar ages, and most parents become grandparents at similar ages. All this means that the relation between acquiring a customer and how much value can be extracted from the end customer is low. Finally, the industry is definitely cyclical but has a defensive component, love for babies. People spend on their kids even in dire situations. If a family is in a tight spot, friends and family will become even more willing to spend on the kid. People can organize parties (baby showers) to help soon to become parents get the stuff they need. Although in difficult economic times people may decide to use other kids' objects passed between friends or family, giving a present to new parents is almost a social mandate. CRWS position in this industry is not as a manufacturer nor as a retailer. In a certain way, it is not even a brand builder completely. Rather, the company is a middle-man, sourcing from China, licensing from companies like Disney and wholesaling to retailers like Wal-Mart. One could argue that CRWS is a relationship builder, and that its most precious assets are the relationships it cultivates, particularly with manufacturing sources and with retailers. This positioning makes some sense. If the end customer's lifetime value is low, then it makes no sense to spend a lot on acquiring the customer from CRWS' perspective. Rather, it may be more beneficial to bond with a retailer that can extract much higher value from that relationship. Retailer relationships are vital for CRWS. According to the company's FY22 (calendar 2021) 10-K report, 52% of its sales come from Wal-Mart and another 21% from Amazon. These add up to 73% in only two customers. Although the company does not disclose further, one might imagine that Target occupies another portion of the remaining 27%. This has been part of CRWS' model for decades. The FY15 10-K report cites Wal-Mart and Toys R Us holding 61% of revenue. These two companies plus Target generated 71% of revenues in 2003. The relationship between retailer and supplier is twofold. In general, the retailer has the upper hand, because it controls the demand source. However, the retailer also needs a reliable source of products that can provide quantity and quality. That means that the retailer has more power in the negotiation, but that the supplier can also tend to the relationship in order to keep or increase shelf space. For example, CRWC mentions that one of its sales offices is in Bentonville, Arkansas, population 55 thousand, but home of Wal-Mart's headquarters. In a similar vein to wholesaling instead of retailing, CRWC has leveraged other brands to help them acquire the customer. Instead of trying to build a brand in advance of people having kids, CRWC can use brands that are already associated with kids. For FY22, 40% of revenues came from licensed products, 33% of which were licensed from Disney. Again, the model was used in 2015, when Disney represented 44% of sales, and in 2003, when Disney represented 30% of sales. These licenses are expensive. In FY22 CRWS paid $6 million in royalties for $35 million in revenue (40% of FY22's $87 million), or 17% of its wholesale price. But again, they help generate more sales, and if those sales are profitable then the company is better off. Just like with retailers, the licensor has the upper hand in bargaining but also benefits from having a trustworthy partner that can generate recurrent royalties and that will not damage the brand. The relationship with Disney is so vital to CRWS that the CEO of NoJo, CRWS' main brand, was the president of Soft Products North America for Disney for 5 years. Finally there are CRWS' suppliers. The company closed all of its directly controlled manufacturing at the beginning of the 2000s. Since then, the company has been outsourcing, mostly from China. In my opinion, this represents the greatest competitive risk for CRWS. Because retailer relationships are so vital, CRWS risks losing shelf space if it finds itself trapped in supply-chain bottlenecks. A search among CRWS' earning presentations transcripts bears no mention of China's recent COVID related supply-chain bottlenecks. There is also no mention on the company's documents of plans to relocate part of production to other Asian economies, like Vietnam, to fight Chinese labor cost increases and regulatory risks. Cost structure and operating history Given that CRWS does not manufacture and has no retail operations, its structure is relatively nimble. The company only has 130 employees, dedicated to product design (or selection maybe) and sales. Since it adopted its outsource everything business model, CRWS revenues have not grown at all. However, the company has been able to post higher margins, both at the gross and at the operating level. This is a signal that the company can control costs, which is the main determinant of profitability for industries where the company does not have a significant moat. The chart below shows that CRWS has some operational leverage, albeit not substantial, but most importantly, that margins have trended upwards. Data by YCharts In terms of cyclicality, CRWS shows what we commented in terms of baby and toddler products being somewhat protected from cycles. Although there have been variations both at the revenue and the operating income level, those are not enormous. The difference between peak and valley sales in a cycle is $20 million, and the difference in operating income is $4 million. Also, the company's operating profits have essentially never dropped below $6 million, not even in the midst of the Great Financial Crisis. Data by YCharts Financing and capital allocation An important aspect providing CRWS with a margin of safety is its lack of long term debt. The company does make use of a $26 million credit facility yielding SOFR +1.5% maturing in 2025, but only for working capital purposes. The facility is repaid in the same operating cycle. Data by YCharts It is true that this exposes CRWS to cycle risks, for example if it is unable to sell all of its inventory. CRWS' cash-cycle is not short, taking almost half a year. The quarterly data below also shows recent problems collocating inventory. Data by YCharts Another portion of operations is financed with cash generated by CRWS. The company's CFO before working capital has usually been above operating income. The reasons are non-cash compensation to managers, and depreciation that has been substantially higher than fixed investments. Data by YCharts CRWS has also paid substantial dividends. Since 2012, the dividend payout ratio has never been below 60%, averaging $0.32 per share. On occasions, CRWS has been aggressive to maintain its dividend, going above 100% payout ratio. Although a lower dividend might reinforce the company's cash position, returning wealth to shareholders helps avoiding management misallocation of capital. Data by YCharts Going forward In its most recent report, for 1Q23 (May to July 2022), CRWS reported a slight decline in comparable revenues on a YoY basis. After adjusting for comparability, the fall in revenues stands at 10%. However, the company also showed a recovery in margins, generating more gross profits than on 1Q22, with lower revenues. After adjusting for one-time charges to SG&A in 1Q22, 1Q23 shows a 10% increase in SG&A costs, in line with inflation. According to CRWS' management, the situation is not ideal. Its customers are still holding onto inventory and delaying new purchases, and end customers are moving to lower priced items. We have seen those effects on CRWS' longer cash-cycle. According to CRWS' CEO, inventories and revenues should recover by 3Q23 (January 2023). But even in that context, and without resorting to accounting magic, the company was able to generate $1.5 million in net income in the quarter. Annualized, that figure would reach $6 million, yielding earnings of 10% compared to the company's market cap of $60 million. Not only that, but CRWS is exposed to seasonality, with the first quarter being the worst in terms of both sales and income, as can be seen in the chart below. This means that CRWS could still cross the $6 million net income mark. Management has provided no guidance about this issue.

Rendement pour les actionnaires

CRWSUS LuxuryUS Marché
7D1.1%-1.5%2.6%
1Y-12.7%-15.4%26.2%

Rendement vs Industrie: CRWS a sous-performé le secteur US Luxury qui a rapporté -15.4 % au cours de l'année écoulée.

Rendement vs marché: CRWS a sous-performé le marché US qui a rapporté 26.2 % au cours de l'année écoulée.

Volatilité des prix

Is CRWS's price volatile compared to industry and market?
CRWS volatility
CRWS Average Weekly Movement4.4%
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%

Cours de l'action stable: CRWS n'a pas connu de volatilité de prix significative au cours des 3 derniers mois par rapport au marché US.

Volatilité au fil du temps: La volatilité hebdomadaire de CRWS ( 4% ) est restée stable au cours de l'année écoulée.

À propos de l'entreprise

FondéeSalariésPDGSite web
1957168Olivia Elliottwww.crowncrafts.com

Crown Crafts, Inc. par l'intermédiaire de ses filiales, opère dans le secteur des produits de consommation aux États-Unis et dans le monde entier. La société fournit des produits pour bébés, enfants en bas âge et enfants en bas âge, notamment des literies pour bébés et enfants en bas âge, des sacs à langer, des couvertures et des couvertures emmaillotables, des poupées et des jouets en peluche, des accessoires pour bébés et enfants en bas âge, des décors de chambre, des bavoirs réutilisables et jetables, des linges de toilette, des sets de table réutilisables et jetables et des tapis de sol, des couvre-sièges de toilettes jetables et des matelas à langer, des jouets d'éveil, des articles d'alimentation et de soins et d'autres articles souples pour bébés, enfants en bas âge et enfants en bas âge. Elle vend ses produits principalement aux grandes surfaces, aux grandes chaînes de magasins, aux détaillants de niveau intermédiaire, aux magasins spécialisés dans la puériculture, aux magasins à valeur ajoutée, aux épiceries et aux pharmacies, aux restaurants, aux comptes Internet, aux clubs de vente en gros et aux détaillants sur Internet, par l'intermédiaire d'un réseau de forces de vente et de représentants indépendants commissionnés.

Crown Crafts, Inc. Résumé des fondamentaux

Comment les bénéfices et les revenus de Crown Crafts se comparent-ils à sa capitalisation boursière ?
CRWS statistiques fondamentales
Capitalisation boursièreUS$30.49m
Bénéfices(TTM)-US$9.22m
Recettes(TTM)US$83.12m
0.4x
Ratio P/S
-3.2x
Ratio P/E

Le site CRWS est-il surévalué ?

Voir Juste valeur et analyse de l'évaluation

Bénéfices et recettes

Principales statistiques de rentabilité tirées du dernier rapport sur les bénéfices (TTM)
CRWS compte de résultat (TTM)
RecettesUS$83.12m
Coût des recettesUS$63.92m
Marge bruteUS$19.20m
Autres dépensesUS$28.42m
Les revenus-US$9.22m

Derniers bénéfices déclarés

Dec 28, 2025

Prochaine date de publication des résultats

s/o

Résultat par action (EPS)-0.86
Marge brute23.09%
Marge bénéficiaire nette-11.10%
Ratio dettes/capitaux propres41.9%

Quelles ont été les performances à long terme de CRWS?

Voir les performances historiques et les comparaisons

Dividendes

11.6%
Rendement actuel des dividendes
-37%
Ratio de distribution

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/05/11 12:55
Cours de l'action en fin de journée2026/05/11 00:00
Les revenus2025/12/28
Revenus annuels2025/03/30

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Crown Crafts, Inc. est couverte par 4 analystes. 0 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Eric BederB. Riley Securities, Inc.
Linda Bolton-WeiserD.A. Davidson & Co.
David KingRoth Capital Partners