NYSE:ATV

Stock Analysis Report

Acorn International

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet with outstanding track record.

Risks

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

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.07%

NYSE:ATV

-3.8%

US Online Retail

-1.9%

US Market


1 Year Return

-16.1%

NYSE:ATV

-7.4%

US Online Retail

-3.3%

US Market

ATV underperformed the Online Retail industry which returned -6.2% over the past year.

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


Share holder returns

ATVIndustryMarket
7 Day0.07%-3.8%-1.9%
30 Day-5.4%-8.8%-6.2%
90 Day-35.1%0.3%0.3%
1 Year-12.3%-16.1%-7.4%-7.4%-1.1%-3.3%
3 Year327.1%109.4%85.1%84.9%37.9%28.9%
5 Year206.0%50.0%205.5%183.6%50.8%34.1%

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

1.34x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Acorn International's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Acorn International's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Acorn International is good value based on earnings compared to the US Online Retail industry average.

Acorn International is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Acorn International, we can't assess if its growth is good value.


Price Based on Value of Assets

Acorn International is good value based on assets compared to the US Online Retail industry average.


Next Steps

Future Growth

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

-23.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Acorn International is high growth as no revenue estimate data is available.

Acorn International's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Acorn International's revenue growth to the United States of America market average as no estimate data is available.

Acorn International's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Acorn International's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Acorn International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Acorn International performed over the past 5 years?

70.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Acorn International has delivered over 20% year on year earnings growth in the past 5 years.

Acorn International's 1-year earnings growth exceeds its 5-year average (155.2% vs 70.6%)

Acorn International's earnings growth has exceeded the US Online Retail industry average in the past year (155.2% vs 1.3%).


Return on Equity

Acorn International made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).


Return on Assets

Acorn International used its assets more efficiently than the US Online Retail industry average last year based on Return on Assets.


Return on Capital Employed

Acorn International has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Acorn International's financial position?


Financial Position Analysis

Acorn International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Acorn International's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Acorn International has no debt.

Acorn International has no debt compared to 5 years ago when it was 6.7%.

Acorn International has no debt, it does not need to be covered by operating cash flow.

Acorn International has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Acorn International has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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

6.06%

Current Dividend Yield


Dividend Yield and Payments Analysis

Acorn International's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Acorn International's dividend is above the markets top 25% of dividend payers in United States of America (3.93%).

Whilst dividend payments have been stable, Acorn International has been paying a dividend for less than 10 years.

Acorn International has only been paying a dividend for 9 years, and since then dividends per share have fallen.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (9.9x coverage).


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 Acorn International's salary, the management and board of directors tenure and is there insider trading?

1.2yrs

Average management tenure


CEO

Jake Fisch (42yo)

1.8yrs

Tenure

0

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 ...


Management Age and Tenure

1.2yrs

Average Tenure

41.5yo

Average Age

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


Board Age and Tenure

2.0yrs

Average Tenure

57yo

Average Age

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


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Robert Roche (56yo)

    Co-Founder & Executive Chairman

    • Tenure: 4.3yrs
  • Jake Fisch (42yo)

    President & CEO

    • Tenure: 1.8yrs
  • Jan Jie Lu (41yo)

    Vice President of Business Operations

    • Tenure: 3.3yrs
  • Bethy Wu (53yo)

    Vice President of Human Resources

    • Tenure: 1.2yrs
  • Martin Key (39yo)

    Chief Financial Officer

    • Tenure: 1.0yrs
  • Aspen Bai

    Financial Controller

    • Tenure: 1.0yrs
  • Lei Li (38yo)

    General Counsel

    • Tenure: 1.1yrs

Board Members

  • Pierre Cohade (57yo)

    Lead Director

    • Tenure: 2.0yrs
  • Jenny Wang (63yo)

    Independent Director

    • Tenure: 1.9yrs
  • Robert Roche (56yo)

    Co-Founder & Executive Chairman

    • Tenure: 4.3yrs
  • Eric Wu (47yo)

    Independent Director

    • Tenure: 2.9yrs
  • Urs P. Zimmerman (57yo)

    Independent Director

    • Tenure: 1.6yrs

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$42.586m
  • Shares outstanding: 2.58m
  • 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 products in the People’s Republic of China. It operates through two segments, Direct Sales and Distr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/26 00:10
End of Day Share Price2019/08/23 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.