Jerash Holdings (US)
Market Cap
US$64.0m
Last Updated
2021/01/26 01:08 UTC
Data Sources
Company Financials +
Executive Summary
Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and ready-made sports and outerwear. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with adequate balance sheet.
Share Price & News
How has Jerash Holdings (US)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JRSH is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: JRSH's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-1.1%
JRSH
-1.5%
US Luxury
2.6%
US Market
1 Year Return
-9.0%
JRSH
26.8%
US Luxury
26.0%
US Market
Return vs Industry: JRSH underperformed the US Luxury industry which returned 26.8% over the past year.
Return vs Market: JRSH underperformed the US Market which returned 26% over the past year.
Shareholder returns
| JRSH | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | -1.5% | 2.6% |
| 30 Day | 2.4% | -0.6% | 5.1% |
| 90 Day | 15.3% | 12.0% | 17.1% |
| 1 Year | -5.4%-9.0% | 28.0%26.8% | 28.9%26.0% |
| 3 Year | n/a | 66.1%58.7% | 46.3%36.6% |
| 5 Year | n/a | 86.7%74.2% | 126.9%101.6% |
Long-Term Price Volatility Vs. Market
How volatile is Jerash Holdings (US)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
The Trends At Jerash Holdings (US) (NASDAQ:JRSH) That You Should Know About1 month ago | Simply Wall St
Should Jerash Holdings (US), Inc. (NASDAQ:JRSH) Be Part Of Your Dividend Portfolio?Valuation
Is Jerash Holdings (US) undervalued compared to its fair value and its price relative to the market?
13.59x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: JRSH ($5.65) is trading above our estimate of fair value ($3.57)
Significantly Below Fair Value: JRSH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: JRSH is good value based on its PE Ratio (13.6x) compared to the US Luxury industry average (28.3x).
PE vs Market: JRSH is good value based on its PE Ratio (13.6x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: JRSH is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: JRSH is good value based on its PB Ratio (1.1x) compared to the US Luxury industry average (2x).
Next Steps
Future Growth
How is Jerash Holdings (US) forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
28.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: JRSH's forecast earnings growth (28.8% per year) is above the savings rate (2%).
Earnings vs Market: JRSH's earnings (28.8% per year) are forecast to grow faster than the US market (21.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: JRSH's revenue (7.8% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: JRSH's revenue (7.8% 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
Next Steps
Past Performance
How has Jerash Holdings (US) performed over the past 5 years?
-18.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JRSH has high quality earnings.
Growing Profit Margin: JRSH's current net profit margins (5.5%) are lower than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: JRSH's earnings have declined by 18.4% per year over the past 5 years.
Accelerating Growth: JRSH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JRSH had negative earnings growth (-28.2%) over the past year, making it difficult to compare to the Luxury industry average (-28.2%).
Return on Equity
High ROE: JRSH's Return on Equity (8.2%) is considered low.
Next Steps
Financial Health
How is Jerash Holdings (US)'s financial position?
Financial Position Analysis
Short Term Liabilities: JRSH's short term assets ($62.4M) exceed its short term liabilities ($11.5M).
Long Term Liabilities: JRSH's short term assets ($62.4M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: JRSH's debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JRSH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JRSH's debt is well covered by operating cash flow (778.8%).
Interest Coverage: Insufficient data to determine if JRSH's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Jerash Holdings (US) current dividend yield, its reliability and sustainability?
3.54%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: JRSH's dividend (3.54%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: JRSH's dividend (3.54%) is low compared to the top 25% of dividend payers in the US market (3.85%).
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 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.1%), JRSH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Sam Choi (58 yo)
2.83yrs
Tenure
US$300,000
Compensation
Mr. Lin Hung Choi, also known as Sam, is Chairman and Chief Executive Officer of Jerash Holdings (US), Inc. since March 2018 and has been its President, Treasurer and Director of Jerash Holdings (US) Inc. ...
CEO Compensation Analysis
Compensation vs Market: Sam's total compensation ($USD300.00K) is below average for companies of similar size in the US market ($USD528.62K).
Compensation vs Earnings: Sam's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.83yrs | US$300.00k | 38.02% $ 24.3m | |
| Chief Financial Officer | 1.17yrs | US$204.24k | 0% $ 0 | |
| VP, Secretary & Director | 3.67yrs | US$66.10k | 2.13% $ 1.4m | |
| Advisor & Head of Marketing | no data | no data | 8.73% $ 5.6m |
2.8yrs
Average Tenure
60yo
Average Age
Experienced Management: JRSH's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.83yrs | US$300.00k | 38.02% $ 24.3m | |
| VP, Secretary & Director | 3.67yrs | US$66.10k | 2.13% $ 1.4m | |
| Independent Director | 0.58yr | no data | no data | |
| Independent Director | 2.67yrs | US$75.00k | no data | |
| Independent Director | 1yr | US$18.75k | no data |
2.7yrs
Average Tenure
57yo
Average Age
Experienced Board: JRSH's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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
Jerash Holdings (US), Inc.'s company bio, 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
- Market Cap: US$63.986m
- Shares outstanding: 11.33m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JRSH | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | May 2018 |
Biography
Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and ready-made sports and outerwear. The company offers jackets, polo shirts, t-shirts, pants, and shorts made from...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 01:08 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.