company background image
JRSH

Jerash Holdings (US) NasdaqCM:JRSH Stock Report

Last Price

US$6.12

Market Cap

US$75.5m

7D

3.6%

1Y

0.2%

Updated

25 May, 2022

Data

Company Financials +
JRSH fundamental analysis
Snowflake Score
Valuation6/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends3/6

JRSH Stock Overview

Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and readymade sport and outerwear.

Jerash Holdings (US) Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Jerash Holdings (US)
Historical stock prices
Current Share PriceUS$6.12
52 Week HighUS$9.20
52 Week LowUS$5.30
Beta0.69
1 Month Change-1.45%
3 Month Change-15.93%
1 Year Change0.16%
3 Year Change-11.26%
5 Year Changen/a
Change since IPO-28.75%

Recent News & Updates

May 19
Jerash Holdings (US) (NASDAQ:JRSH) Will Pay A Dividend Of US$0.05

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

The board of Jerash Holdings (US), Inc. ( NASDAQ:JRSH ) has announced that it will pay a dividend on the 3rd of June...

Shareholder Returns

JRSHUS LuxuryUS Market
7D3.6%-1.3%1.0%
1Y0.2%-26.0%-15.1%

Return vs Industry: JRSH exceeded the US Luxury industry which returned -26% over the past year.

Return vs Market: JRSH exceeded the US Market which returned -13.2% over the past year.

Price Volatility

Is JRSH's price volatile compared to industry and market?
JRSH volatility
JRSH Average Weekly Movement6.0%
Luxury Industry Average Movement7.7%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: JRSH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: JRSH's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20164,350Sam Choihttps://www.jerashholdings.com

Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and readymade sport and outerwear. The company offers jackets, polo shirts, t-shirts, pants, and shorts made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Jordan, and internationally.

Jerash Holdings (US) Fundamentals Summary

How do Jerash Holdings (US)'s earnings and revenue compare to its market cap?
JRSH fundamental statistics
Market CapUS$75.49m
Earnings (TTM)US$8.73m
Revenue (TTM)US$136.17m

8.6x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JRSH income statement (TTM)
RevenueUS$136.17m
Cost of RevenueUS$108.87m
Gross ProfitUS$27.30m
Other ExpensesUS$18.57m
EarningsUS$8.73m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.71
Gross Margin20.05%
Net Profit Margin6.41%
Debt/Equity Ratio0%

How did JRSH perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

27%

Payout Ratio

Does JRSH pay a reliable dividends?

See JRSH dividend history and benchmarks
When do you need to buy JRSH by to receive an upcoming dividend?
Jerash Holdings (US) dividend dates
Ex Dividend DateMay 26 2022
Dividend Pay DateJun 03 2022
Days until Ex dividend0 days
Days until Dividend pay date8 days

Does JRSH pay a reliable dividends?

See JRSH dividend history and benchmarks

Valuation

Is Jerash Holdings (US) undervalued compared to its fair value and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: JRSH ($6.12) is trading below our estimate of fair value ($37.53)

Significantly Below Fair Value: JRSH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: JRSH is good value based on its Price-To-Earnings Ratio (8.6x) compared to the US Luxury industry average (10.6x).

PE vs Market: JRSH is good value based on its Price-To-Earnings Ratio (8.6x) compared to the US market (14.9x).


Price to Earnings Growth Ratio

PEG Ratio: JRSH is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: JRSH is good value based on its Price-To-Book Ratio (1.1x) compared to the US Luxury industry average (1.7x).


Future Growth

How is Jerash Holdings (US) forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


26.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JRSH's forecast earnings growth (26.6% per year) is above the savings rate (1.9%).

Earnings vs Market: JRSH's earnings (26.6% per year) are forecast to grow faster than the US market (12.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: JRSH's revenue (13% per year) is forecast to grow faster than the US market (7.7% per year).

High Growth Revenue: JRSH's revenue (13% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if JRSH's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Jerash Holdings (US) performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-16.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JRSH has high quality earnings.

Growing Profit Margin: JRSH's current net profit margins (6.4%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: JRSH's earnings have declined by 16.3% per year over the past 5 years.

Accelerating Growth: JRSH's earnings growth over the past year (220.1%) exceeds its 5-year average (-16.3% per year).

Earnings vs Industry: JRSH earnings growth over the past year (220.1%) exceeded the Luxury industry 96.3%.


Return on Equity

High ROE: JRSH's Return on Equity (12.5%) is considered low.


Financial Health

How is Jerash Holdings (US)'s financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: JRSH's short term assets ($68.4M) exceed its short term liabilities ($10.7M).

Long Term Liabilities: JRSH's short term assets ($68.4M) exceed its long term liabilities ($1.9M).


Debt to Equity History and Analysis

Debt Level: JRSH is debt free.

Reducing Debt: JRSH had no debt 5 years ago.

Debt Coverage: JRSH has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: JRSH has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Jerash Holdings (US) current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.27%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: JRSH's dividend (3.27%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: JRSH's dividend (3.27%) is low compared to the top 25% of dividend payers in the US market (4.06%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, JRSH has been paying a dividend for less than 10 years.

Growing Dividend: JRSH has only been paying a dividend for 4 years, and since then payments have not increased.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.5%), JRSH's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (36.7%), JRSH's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

5.0yrs

Average management tenure


CEO

Sam Choi (59 yo)

5yrs

Tenure

US$280,000

Compensation

Mr. Lin Hung Choi, also known as Sam, is Chairman and Chief Executive Officer of Jerash Holdings (US), Inc. since March 2018 and has been its President, Treasurer and Director of Jerash Holdings (US) Inc....


CEO Compensation Analysis

Compensation vs Market: Sam's total compensation ($USD280.00K) is below average for companies of similar size in the US market ($USD772.05K).

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


Leadership Team

Experienced Management: JRSH's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: JRSH's board of directors are considered experienced (4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.9%.


Top Shareholders

Company Information

Jerash Holdings (US), Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Jerash Holdings (US), Inc.
  • Ticker: JRSH
  • Exchange: NasdaqCM
  • Founded: 2016
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: US$75.486m
  • Shares outstanding: 12.33m
  • Website: https://www.jerashholdings.com

Number of Employees


Location

  • Jerash Holdings (US), Inc.
  • 277 Fairfield Road
  • Suite 338
  • Fairfield
  • New Jersey
  • 7004
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2021/12/31
Annual Earnings2021/03/31


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.