OTCPK:NICH

Stock Analysis Report

Executive Summary

Nitches Inc. wholesales, imports, and distributes clothing and home decor products under its own brand labels and retailer-owned private labels in the United States.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Nitches's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NICH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

NICH

-2.4%

US Luxury

-1.1%

US Market


1 Year Return

-92.2%

NICH

9.3%

US Luxury

17.9%

US Market

Return vs Industry: NICH underperformed the US Luxury industry which returned 9.3% over the past year.

Return vs Market: NICH underperformed the US Market which returned 17.9% over the past year.


Shareholder returns

NICHIndustryMarket
7 Day0%-2.4%-1.1%
30 Day-56.0%-2.1%1.4%
90 Day-46.6%4.3%6.9%
1 Year-92.2%-92.2%11.5%9.3%20.3%17.9%
3 Year250.0%250.0%63.5%56.0%47.8%38.3%
5 Year16.7%16.7%47.0%37.2%71.9%53.0%

Price Volatility Vs. Market

How volatile is Nitches's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nitches undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Nitches is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Nitches has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of NICH’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Nitches regulatory filings here.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

How is Nitches forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.3%

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 Nitches 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.


Next Steps

  • Take a look at our analysis of NICH’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Nitches's filings and announcements here.
  • Explore growth companies in the Consumer Durables industry.

Past Performance

How has Nitches performed over the past 5 years?

1.2%

Historical Consumer Durables annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Nitches has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Nitches's financial position?


In this section we usually analyse Nitches's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Nitches has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of NICH’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Nitches's financial data was last updated here.
  • Explore more healthy companies in the Consumer Durables industry.

Dividend

What is Nitches's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if NICH'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 NICH'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?

US$250k

CEO Compensation


CEO

Steven Wyandt (74yo)

33.1yrs

Tenure

US$250,000

Compensation

Mr. Steven P. Wyandt serves as Chief Executive Officer and Chairman at Nitches Inc. 


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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Nitches Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nitches Inc.
  • Ticker: NICH
  • Exchange: OTCPK
  • Founded: 1971
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: US$39.617k
  • Shares outstanding: 5.66m
  • Website: https://null

Location

  • Nitches Inc.
  • 10280 Camino Santa Fe
  • San Diego
  • California
  • 92121
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NICHOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 1985

Biography

Nitches Inc. wholesales, imports, and distributes clothing and home decor products under its own brand labels and retailer-owned private labels in the United States. It distributes clothing primarily in three categories: women's sleepwear and loungewear, women's sportswear and outerwear, and men's casual wear and performance apparel. The company markets women's sleepwear and loungewear under Princesse tam tam, Derek Rose, Crabtree & Evelyn, Disney Couture, The Anne Lewin Collection, The Claire Murray Collection, and Gossard brands; women's sportswear and outerwear under Adobe Rose, Country Tease, Saguaro, and Southwest Canyon brands; and men's casual wear and performance apparel under Nat Nast, Newport Blue, Dockers, The Skins Game, and ZOIC brands. In addition, it distributes made-to-order candles, candle holders, and other home decorating accessories under the Bill Blass and Newport Blue brands. It sells its branded products to department stores, specialty boutiques, moderate department stores, and national and regional discount department stores and chains; and private label products for retailers and catalogs. It sells its products through a sales network consisting of both in-house sales personnel and independent sale representatives. Nitches Inc. was formerly known as Beebas Creations Inc. and changed its name to Nitches Inc. in July 1992. The company was founded in 1971 and is based in San Diego, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 00:54
End of Day Share Price2020/02/20 00:00
Earnings2008/05/31
Annual Earnings2007/08/31


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.