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Ever-Glory International Group

Market Cap

US$43.1m

Last Updated

2021/09/16 04:39 UTC

Data Sources

Company Financials

Executive Summary

Ever-Glory International Group, Inc., together with its subsidiaries, manufactures, supplies, and retails apparel in Mainland China, Hong Kong, Germany, the United Kingdom, Europe, Japan, and the United States. More Details


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Ever-Glory International Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EVK is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 39% a week.

Volatility Over Time: EVK's weekly volatility (39%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-2.3%

EVK

-2.3%

US Luxury

-0.6%

US Market


1 Year Return

206.3%

EVK

40.5%

US Luxury

33.7%

US Market

Return vs Industry: EVK exceeded the US Luxury industry which returned 38.2% over the past year.

Return vs Market: EVK exceeded the US Market which returned 30.7% over the past year.


Shareholder returns

EVKIndustryMarket
7 Day-2.3%-2.3%-0.6%
30 Day-1.4%-4.8%1.4%
90 Day-1.0%14.9%5.4%
1 Year206.3%206.3%41.7%40.5%35.7%33.7%
3 Year-7.6%-7.6%58.6%52.3%61.2%51.2%
5 Year39.9%39.9%128.4%113.9%123.8%99.4%

Long-Term Price Volatility Vs. Market

How volatile is Ever-Glory International Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ever-Glory International Group undervalued compared to its fair value and its price relative to the market?

6.31x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EVK ($2.91) is trading above our estimate of fair value ($0.25)

Significantly Below Fair Value: EVK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EVK is good value based on its PE Ratio (6.3x) compared to the US Luxury industry average (20.2x).

PE vs Market: EVK is good value based on its PE Ratio (6.3x) compared to the US market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EVK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EVK is good value based on its PB Ratio (0.3x) compared to the US Luxury industry average (1.8x).


Future Growth

How is Ever-Glory International Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.2%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ever-Glory International Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Ever-Glory International Group performed over the past 5 years?

-25.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVK has a large one-off gain of $2.1M impacting its June 30 2021 financial results.

Growing Profit Margin: EVK became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: EVK's earnings have declined by 25.5% per year over the past 5 years.

Accelerating Growth: EVK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EVK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (66.3%).


Return on Equity

High ROE: EVK's Return on Equity (5.1%) is considered low.


Financial Health

How is Ever-Glory International Group's financial position?


Financial Position Analysis

Short Term Liabilities: EVK's short term assets ($226.2M) exceed its short term liabilities ($177.3M).

Long Term Liabilities: EVK's short term assets ($226.2M) exceed its long term liabilities ($8.7M).


Debt to Equity History and Analysis

Debt Level: EVK's debt to equity ratio (48.7%) is considered high.

Reducing Debt: EVK's debt to equity ratio has reduced from 54.2% to 48.7% over the past 5 years.

Debt Coverage: EVK's debt is not well covered by operating cash flow (19.7%).

Interest Coverage: EVK's interest payments on its debt are well covered by EBIT (6.9x coverage).


Balance Sheet


Dividend

What is Ever-Glory International Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EVK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EVK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EVK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EVK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EVK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

16.7yrs

Average management tenure


CEO

Edward Kang (58 yo)

16.67yrs

Tenure

US$206,957

Compensation

Mr. Yihua Kang, also known as Edward, has been the Chief Executive Officer and President of Ever-Glory International Group Inc. since 2005. Mr. Kang served as the Chairman and President of Goldenway Nanjin...


CEO Compensation Analysis

Compensation vs Market: Edward's total compensation ($USD206.96K) is below average for companies of similar size in the US market ($USD545.00K).

Compensation vs Earnings: Edward's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: EVK's management team is seasoned and experienced (16.7 years average tenure).


Board Members

Experienced Board: EVK's board of directors are seasoned and experienced ( 13.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ever-Glory International Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ever-Glory International Group, Inc.
  • Ticker: EVK
  • Exchange: NasdaqGM
  • Founded: NaN
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: US$43.099m
  • Shares outstanding: 14.81m
  • Website: https://www.everglorygroup.com

Number of Employees


Location

  • Ever-Glory International Group, Inc.
  • Ever-Glory Commercial Center
  • 509 Chengxin Road
  • Nanjing
  • Jiangsu Province
  • 211102
  • China

Listings


Biography

Ever-Glory International Group, Inc., together with its subsidiaries, manufactures, supplies, and retails apparel in Mainland China, Hong Kong, Germany, the United Kingdom, Europe, Japan, and the United St...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 04:39
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.