Acorn International, Inc., an integrated multi-platform marketing company, develops, promotes, and sells products in the People’s Republic of China.
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 has not had significant price volatility in the past 3 months.
7 Day Return
US Online Retail
1 Year Return
US Online Retail
Return vs Industry: ATV underperformed the US Online Retail industry which returned 29.2% over the past year.
Return vs Market: ATV underperformed the US Market which returned 20.1% over the past year.
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
3 months ago | Simply Wall StWhy Acorn International, Inc. (NYSE:ATV) Is A Top Dividend Stock
4 months ago | Simply Wall StDo Institutions Own Acorn International, Inc. (NYSE:ATV) Shares?
7 months ago | Simply Wall StThese Factors Make Acorn International, Inc. (NYSE:ATV) An Interesting Investment
Is Acorn International undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ATV ($18.96) is trading above our estimate of fair value ($8.84)
Significantly Below Fair Value: ATV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ATV is good value based on its PE Ratio (1.5x) compared to the Online Retail industry average (32x).
PE vs Market: ATV is good value based on its PE Ratio (1.5x) compared to the US market (18.3x).
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 (0.7x) compared to the US Online Retail industry average (3x).
How is Acorn International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Acorn International is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Acorn International competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
How has Acorn International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATV has a large one-off gain of $7.9M impacting its September 30 2019 financial results.
Growing Profit Margin: ATV's current net profit margins (27.5%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: ATV has become profitable over the past 5 years, growing earnings by 70.6% 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 (-71.1%) over the past year, making it difficult to compare to the Online Retail industry average (14%).
Return on Equity
High ROE: ATV's Return on Equity (15%) is considered low.
Return on Assets
Return on Capital Employed
How is Acorn International's financial position?
Financial Position Analysis
Short Term Liabilities: ATV's short term assets ($31.1M) exceed its short term liabilities ($12.3M).
Long Term Liabilities: ATV's short term assets ($31.1M) exceed its long term liabilities ($1.6M).
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 8.1%.
Inventory Level: ATV has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ATV's debt is 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.
Stable Cash Runway: ATV is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if ATV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Acorn International's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ATV's dividend (5.27%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: ATV's dividend (5.27%) is in the top 25% of dividend payers in the US market (3.68%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ATV has been paying a dividend for less than 10 years.
Growing Dividend: ATV has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.2%), ATV's dividend payments are thoroughly 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jake Fisch (42yo)
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 November 3, 2017. Mr. Fisch serves as a Partner at NEST ...
|Co-Founder & Executive Chairman||4.8yrs||no data||33.75% $16.5m|
|President & CEO||2.3yrs||no data||1.9% $929.3k|
|Vice President of Business Operations||3.8yrs||no data||no data|
|Chief Financial Officer||1.5yrs||no data||no data|
|General Counsel||1.6yrs||no data||no data|
|Vice President of Human Resources||1.7yrs||no data||no data|
|Financial Controller||1.5yrs||no data||no data|
Experienced Management: ATV's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
|Co-Founder & Executive Chairman||4.8yrs||no data||33.75% $16.5m|
|Lead Director||2.5yrs||no data||0.039% $19.0k|
|Independent Director||2.4yrs||no data||no data|
|Independent Director||3.4yrs||no data||no data|
|Independent Director||2.1yrs||no data||no data|
Experienced Board: ATV's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Acorn International, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Acorn International, Inc.
- Ticker: ATV
- Exchange: NYSE
- Founded: 1998
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$48.947m
- Shares outstanding: 2.58m
- Website: https://www.acorninternationalgroup.com
Number of Employees
- Acorn International, Inc.
- YueShang Plaza
- 5th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ATV||NYSE (New York Stock Exchange)||Yes||SPONSORD ADR NEW||US||USD||May 2007|
|FEMA||DB (Deutsche Boerse AG)||Yes||SPONSORD ADR NEW||DE||EUR||May 2007|
Acorn International, Inc., an integrated multi-platform marketing company, develops, promotes, and sells products in the People’s Republic of China. It operates through two segments, Direct Sales and Distribution Sales. The company, through its direct sales business platform, markets and sells products directly to consumers through its Internet/e-commerce sales platform, and outbound marketing platform. It also provides its products through offline distribution and e-commerce distribution network. The company offers health and collectible, mobile phones, kitchen and household, fitness, cosmetics, consumer electronics, and other products. Acorn International, Inc. was founded in 1998 and is headquartered in Shanghai, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 01:27|
|End of Day Share Price||2020/02/14 00:00|
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.