NasdaqCM:IFMK

Stock Analysis Report

Executive Summary

iFresh Inc. operates a network of grocery supermarket chains in the north-eastern United States.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Risks

  • iFresh has significant price volatility in the past 3 months.
  • iFresh is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-14.5%

NasdaqCM:IFMK

-1.2%

US Consumer Retailing

-1.9%

US Market


1 Year Return

-37.4%

NasdaqCM:IFMK

7.2%

US Consumer Retailing

-3.3%

US Market

IFMK underperformed the Consumer Retailing industry which returned 7.1% over the past year.

IFMK underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

IFMKIndustryMarket
7 Day-14.5%-1.2%-1.9%
30 Day-2.0%-1.9%-6.2%
90 Day79.5%6.3%0.3%
1 Year-37.4%-37.4%9.3%7.2%-1.1%-3.3%
3 Yearn/a38.8%30.0%37.9%28.9%
5 Yearn/a59.1%42.0%50.8%34.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is iFresh undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether iFresh is trading at an attractive price based on the cash flow it is expected to produce in the future. But as iFresh 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

Future Growth

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

4.7%

Forecasted Consumer Retailing 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 iFresh 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

Past Performance

How has iFresh performed over the past 5 years?

-97.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

iFresh does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare iFresh's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare iFresh's 1-year growth to the US Consumer Retailing industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if iFresh has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if iFresh has efficiently used its assets last year compared to the US Consumer Retailing industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if iFresh improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is iFresh's financial position?


Financial Position Analysis

iFresh's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

iFresh's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

iFresh has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if iFresh's debt level has increased considering it has negative shareholder equity.


Balance Sheet

High level of physical assets or inventory.

iFresh has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

iFresh has less than a year of cash runway based on current free cash flow.

iFresh has less than a year of cash runway if free cash flow continues to grow at historical rates of 78.9% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate iFresh's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate iFresh's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as iFresh has not reported any payouts.

Unable to verify if iFresh's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as iFresh has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of iFresh's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average management tenure


CEO

Long Deng (50yo)

2.5yrs

Tenure

US$691,400

Compensation

Mr. Long Deng has been Executive Chairman, Chief Operating Officer and Chief Executive Officer of iFresh Inc. since February 10, 2017. Mr. Deng is the founder of NYM and has served as Chief Operating Offic ...


CEO Compensation Analysis

Long's remuneration is higher than average for companies of similar size in United States of America.

Long's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.5yrs

Average Tenure

46yo

Average Age

The average tenure for the iFresh management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.3yrs

Average Tenure

51yo

Average Age

The average tenure for the iFresh board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$3,06601 May 19
Jay Walder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,000
Max PriceUS$1.04
SellUS$1,22209 Apr 19
Jay Walder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$1.22
SellUS$1,17002 Apr 19
Jay Walder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$1.17
SellUS$1,19019 Mar 19
Jay Walder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$1.19
BuyUS$7,050,74121 Feb 19
HK Xu Ding Co, Limited
EntityCompany
Shares8,294,989
Max PriceUS$0.85
SellUS$7,050,74112 Feb 19
Long Deng
EntityIndividual
Role
Chief Executive Officer
Executive Chairman
Shares8,294,989
Max PriceUS$0.85

Ownership Breakdown


Management Team

  • Bert Weil

    Co-Chief Restructuring Officer

    • Tenure: 0.3yrs
  • Richard Xu (42yo)

    Vice President of Investor Relations

    • Tenure: 2.5yrs
  • Long Yi (41yo)

    Chief Financial Officer

    • Tenure: 0.6yrs
  • Long Deng (50yo)

    Executive Chairman

    • Tenure: 2.5yrs
    • Compensation: US$691.40k
  • Lilly Deng (50yo)

    VP of Legal & Finance and Director

    • Tenure: 2.5yrs
    • Compensation: US$130.00k
  • Shawn Ren

    Administration Manager

    • Tenure: 0.0yrs
  • Marjorie Henrich

    Co-Chief Restructuring Officer

    • Tenure: 0.3yrs

Board Members

  • Harvey Leibowitz (83yo)

    Independent Director

    • Tenure: 1.3yrs
    • Compensation: US$6.90k
  • Long Deng (50yo)

    Executive Chairman

    • Tenure: 2.5yrs
    • Compensation: US$691.40k
  • Lilly Deng (50yo)

    VP of Legal & Finance and Director

    • Tenure: 2.5yrs
    • Compensation: US$130.00k
  • Mark Fang (51yo)

    Director

    • Tenure: 0.1yrs
    • Compensation: US$6.90k
  • Jay Walder (58yo)

    Director

    • Tenure: 0.1yrs
    • Compensation: US$6.90k

Company Information

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


Key Information

  • Name: iFresh Inc.
  • Ticker: IFMK
  • Exchange: NasdaqCM
  • Founded: 1995
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Market Cap: US$36.887m
  • Shares outstanding: 18.35m
  • Website: https://www.ifreshmarket.com

Number of Employees


Location

  • iFresh Inc.
  • 2-39 54th Avenue
  • Long Island City
  • New York
  • 11101
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IFMKNasdaqCM (Nasdaq Capital Market)YesOrdinary SharesUSUSDFeb 2017
IFEBST (Boerse-Stuttgart)YesOrdinary SharesDEEURFeb 2017

Biography

iFresh Inc. operates a network of grocery supermarket chains in the north-eastern United States. The company’s chains provide vegetables, seafood, meat, fruits, snacks, seasonings, and other products. It a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/26 00:33
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.