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Acorn International

Executive Summary

Acorn International, Inc., an integrated multi-platform marketing company, develops, promotes, and sells a portfolio of proprietary-branded products in the People’s Republic of China. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.8%

ATV

-2.8%

US Online Retail

-0.7%

US Market


1 Year Return

19.2%

ATV

78.5%

US Online Retail

19.9%

US Market

Return vs Industry: ATV underperformed the US Online Retail industry which returned 78.5% over the past year.

Return vs Market: ATV matched the US Market which returned 19.9% over the past year.


Shareholder returns

ATVIndustryMarket
7 Day-0.8%-2.8%-0.7%
30 Day42.6%11.2%5.8%
90 Day16.5%9.6%8.3%
1 Year20.8%19.2%78.6%78.5%22.7%19.9%
3 Year203.6%45.2%135.2%135.0%43.5%33.9%
5 Year814.3%337.1%301.8%301.0%86.9%65.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

4.83x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ATV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ATV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ATV is good value based on its PE Ratio (4.8x) compared to the US Online Retail industry average (31.4x).

PE vs Market: ATV is good value based on its PE Ratio (4.8x) compared to the US market (19x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ATV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ATV is good value based on its PB Ratio (0.8x) compared to the US Online Retail industry average (4.8x).


Next Steps

Future Growth

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

33.0%

Forecasted Retail 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 Acorn International 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 Acorn International performed over the past 5 years?

58.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATV has a large one-off gain of $7.1M impacting its June 30 2020 financial results.

Growing Profit Margin: ATV's current net profit margins (28.3%) are lower than last year (35.3%).


Past Earnings Growth Analysis

Earnings Trend: ATV has become profitable over the past 5 years, growing earnings by 58.3% per year.

Accelerating Growth: ATV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ATV had negative earnings growth (-13.8%) over the past year, making it difficult to compare to the Online Retail industry average (19.2%).


Return on Equity

High ROE: ATV's Return on Equity (17.8%) is considered low.


Next Steps

Financial Health

How is Acorn International's financial position?


Financial Position Analysis

Short Term Liabilities: ATV's short term assets ($51.4M) exceed its short term liabilities ($11.0M).

Long Term Liabilities: ATV's short term assets ($51.4M) exceed its long term liabilities ($610.9K).


Debt to Equity History and Analysis

Debt Level: ATV is debt free.

Reducing Debt: ATV has no debt compared to 5 years ago when its debt to equity ratio was 4.6%.

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

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


Balance Sheet


Next Steps

Dividend

What is Acorn International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ATV'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 ATV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATV's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ATV is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ATV'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?

2.9yrs

Average management tenure


CEO

Jake Fisch (43 yo)

3yrs

Tenure

Mr. Jacob A. Fisch, also known as Jake, has been the President of Acorn International, Inc. since 2014 and has been its Chief Executive Officer since October 31, 2017. Mr. Fisch serves as a Partner at NEST ...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Roche
Co-Founder & Executive Chairman5.42yrsno data33.88%
$ 17.8m
Jacob A. Fisch
President & CEO3yrsno data1.91%
$ 999.6k
Jan Jie Lu
Vice President of Business Operations4.5yrsno datano data
Martin Key
Chief Financial Officer2.17yrsno datano data
Lei Li
General Counsel2.25yrsno datano data
Jie Wu
Vice President of Human Resources2.92yrsno datano data
Aspen Bai
Financial Controller2.17yrsno datano data

2.9yrs

Average Tenure

42.5yo

Average Age

Experienced Management: ATV's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Roche
Co-Founder & Executive Chairman5.42yrsno data33.88%
$ 17.8m
Pierre Cohade
Independent Lead Director3.17yrsno data0.039%
$ 20.4k
Hseau-Jean Wang
Independent Director3.17yrsno datano data
Haibing Wu
Independent Director4.08yrsno datano data
Urs Paul Zimmerman
Independent Director2.75yrsno datano data

3.2yrs

Average Tenure

57yo

Average Age

Experienced Board: ATV's board of directors are considered experienced (3.2 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.


Top Shareholders

Company Information

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


Key Information

  • Name: Acorn International, Inc.
  • Ticker: ATV
  • Exchange: NYSE
  • Founded: 1998
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: US$52.447m
  • Shares outstanding: 2.57m
  • Website: https://www.acorninternationalgroup.com

Number of Employees


Location

  • Acorn International, Inc.
  • YueShang Plaza
  • 5th Floor
  • Shanghai
  • 200042
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATVNYSE (New York Stock Exchange)YesSPON ADR EA REP 20 ORD SHSUSUSDMay 2007
FEMADB (Deutsche Boerse AG)YesSPON ADR EA REP 20 ORD SHSDEEURMay 2007

Biography

Acorn International, Inc., an integrated multi-platform marketing company, develops, promotes, and sells a portfolio of proprietary-branded products in the People’s Republic of China. The company operates ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 05:56
End of Day Share Price2020/10/16 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.