Ever-Glory International Group (NasdaqGM:EVK) - Share price, News & Analysis

EVK fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

EVK Stock Overview

Risk Analysis

Earnings have declined by 40.5% per year over past 5 years

Does not have a meaningful market cap ($19M)

Ever-Glory International Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ever-Glory International Group
Historical stock prices
Current Share Price	US$1.27
52 Week High	US$6.22
52 Week Low	US$1.09
Beta	-0.35
1 Month Change	-17.53%
3 Month Change	-35.03%
1 Year Change	-35.53%
3 Year Change	-63.71%
5 Year Change	-52.07%
Change since IPO	-67.82%

Recent News & Updates

Mar 21

Capital Allocation Trends At Ever-Glory International Group (NASDAQ:EVK) Aren't Ideal

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...

Shareholder Returns

	EVK	US Luxury	US Market
7D	2.4%	5.3%	2.7%
1Y	-35.5%	-20.4%	-8.1%

Return vs Industry: EVK underperformed the US Luxury industry which returned -23.2% over the past year.

Return vs Market: EVK underperformed the US Market which returned -10.8% over the past year.

Price Volatility

Is EVK's price volatile compared to industry and market?
EVK volatility
EVK Average Weekly Movement	11.5%
Luxury Industry Average Movement	7.5%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	2.9%

Stable Share Price: EVK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: EVK's weekly volatility has decreased from 21% to 12% over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	4,333	Edward Kang	https://www.everglorygroup.com

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. It operates through two segments, Wholesale and Retail. The company primarily offers casual wear, outerwear, and sportswear.

Ever-Glory International Group Fundamentals Summary

How do Ever-Glory International Group's earnings and revenue compare to its market cap?
EVK fundamental statistics
Market Cap	US$19.41m
Earnings (TTM)	-US$4.01m
Revenue (TTM)	US$324.94m

0.1x

P/S Ratio

-4.7x

P/E Ratio

Is EVK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
EVK income statement (TTM)
Revenue	US$324.94m
Cost of Revenue	US$229.05m
Gross Profit	US$95.89m
Other Expenses	US$99.90m
Earnings	-US$4.01m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.27
Gross Margin	29.51%
Net Profit Margin	-1.23%
Debt/Equity Ratio	51.3%

How did EVK perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

0.14x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EVK's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate EVK's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: EVK is unprofitable, so we can't compare its PE Ratio to the US Luxury industry average.

PE vs Market: EVK is unprofitable, so we can't compare its PE Ratio to the US market.

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 (0.1x) compared to the US Luxury industry average (1.7x).

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

14.6%

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?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-40.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EVK is currently unprofitable.

Growing Profit Margin: EVK is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: EVK is unprofitable, and losses have increased over the past 5 years at a rate of 40.5% per year.

Accelerating Growth: Unable to compare EVK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EVK is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (88.3%).

Return on Equity

High ROE: EVK has a negative Return on Equity (-2.97%), as it is currently unprofitable.

Financial Health

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

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: EVK's short term assets ($221.6M) exceed its short term liabilities ($179.4M).

Long Term Liabilities: EVK's short term assets ($221.6M) exceed its long term liabilities ($8.6M).

Debt to Equity History and Analysis

Debt Level: EVK's net debt to equity ratio (18.2%) is considered satisfactory.

Reducing Debt: EVK's debt to equity ratio has increased from 38.6% to 51.3% over the past 5 years.

Debt Coverage: EVK's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if EVK's interest payments on its debt are well covered by EBIT.

Balance Sheet

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

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.

Earnings Payout to Shareholders

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

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as EVK has not reported any payouts.

Next Steps

Explore strong dividend paying companies in the Consumer Durables industry.

Management

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

17.3yrs

Average management tenure

CEO

Edward Kang (58 yo)

17.33yrs

Tenure

US$210,232

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 ($USD210.23K) is below average for companies of similar size in the US market ($USD772.03K).

Compensation vs Earnings: Edward's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: EVK's management team is seasoned and experienced (17.3 years average tenure).

Board Members

Experienced Board: EVK's board of directors are seasoned and experienced ( 14.2 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31