Jerash Holdings (US) Inc
NASDAQ:JRSH
Intrinsic Value
Jerash Holdings (US), Inc. operates as a holding company. [ Read More ]
The intrinsic value of one JRSH stock under the Base Case scenario is 6.27 USD. Compared to the current market price of 3.06 USD, Jerash Holdings (US) Inc is Undervalued by 51%.
Valuation Backtest
Jerash Holdings (US) Inc
Run backtest to discover the historical profit from buying and selling JRSH stocks based on their intrinsic value.
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Fundamental Analysis
Revenue Down, Margins Up Amid Supply Chain Woes
2024-Q3 Earnings Call
For the third quarter of fiscal 2024, revenue fell to $27.5 million from $43.0 million the prior year, significantly impacted by supply chain disruptions that affected U.S. shipments. Despite the revenue drop, gross margins improved to 16.2% from 13.5%, thanks to a better product mix yielding higher margins for U.S. customer orders. Operating expenses decreased, with SG&A costs down to $3.8 million from $4.5 million, although there was a new expense in stock-based compensation of $243,000. Net income was lower at $232,000, or $0.02 per diluted share, compared to $891,000, or $0.07 per diluted share. The company faces challenges in providing a clear outlook for the fourth quarter due to these supply chain issues, leading to internal projections being withheld. However, demand remains intact, as customers still seek shipments, albeit with potential delays.
Balance Sheet Decomposition
Jerash Holdings (US) Inc
Current Assets | 49.4m |
Cash & Short-Term Investments | 19.6m |
Receivables | 8.6m |
Other Current Assets | 21.2m |
Non-Current Assets | 28.4m |
PP&E | 25.3m |
Intangibles | 499.3k |
Other Non-Current Assets | 2.5m |
Current Liabilities | 8.9m |
Accounts Payable | 2.4m |
Accrued Liabilities | 3.2m |
Other Current Liabilities | 3.4m |
Non-Current Liabilities | 707.6k |
Other Non-Current Liabilities | 707.6k |
Earnings Waterfall
Jerash Holdings (US) Inc
Revenue
|
119.4m
USD
|
Cost of Revenue
|
-101.5m
USD
|
Gross Profit
|
17.9m
USD
|
Operating Expenses
|
-17.3m
USD
|
Operating Income
|
525.8k
USD
|
Other Expenses
|
-1.4m
USD
|
Net Income
|
-889.3k
USD
|
Free Cash Flow Analysis
Jerash Holdings (US) Inc
What is Free Cash Flow?
JRSH Profitability Score
Profitability Due Diligence
Jerash Holdings (US) Inc's profitability score is 47/100. The higher the profitability score, the more profitable the company is.
Score
Jerash Holdings (US) Inc's profitability score is 47/100. The higher the profitability score, the more profitable the company is.
JRSH Solvency Score
Solvency Due Diligence
Jerash Holdings (US) Inc's solvency score is 69/100. The higher the solvency score, the more solvent the company is.
Score
Jerash Holdings (US) Inc's solvency score is 69/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
JRSH Price Targets Summary
Jerash Holdings (US) Inc
According to Wall Street analysts, the average 1-year price target for JRSH is 4.59 USD with a low forecast of 4.04 USD and a high forecast of 5.25 USD.
Ownership
JRSH Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
JRSH Price
Jerash Holdings (US) Inc
Average Annual Return | -8.98% |
Standard Deviation of Annual Returns | 24.94% |
Max Drawdown | -64% |
Market Capitalization | 37.6m USD |
Shares Outstanding | 12 294 800 |
Percentage of Shares Shorted | 0.08% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Jerash Holdings (US), Inc. operates as a holding company. The company is headquartered in Rochester, New York and currently employs 4,350 full-time employees. The company went IPO on 2018-05-04. The firm is engaged in the manufacturing and exporting of customized, ready-made sport and outerwear from knitted fabric and personal protective equipment (PPE) produced. The Company’s sport and outerwear product includes jackets, polo shirts, t-shirts, pants, and shorts. Its primary product offering is jackets. Its PPE product offering consists of washable and disposable face masks, medical scrubs, protective coveralls, and surgical gowns. The firm operates through its subsidiaries: Jerash Garments and Fashions Manufacturing Co., Ltd., Treasure Success International Limited, Chinese Garments and Fashions Manufacturing Co., Ltd., Jerash for Industrial Embroidery Co., Ltd., Al-Mutafaweq Co. for Garments Manufacturing Ltd., Jiangmen Treasure Success Business Consultancy Co., Ltd., Jerash The First Medical Supplies Manufacturing Company Limited, Jerash Supplies, LLC.
Contact
IPO
Employees
Officers
The intrinsic value of one JRSH stock under the Base Case scenario is 6.27 USD.
Compared to the current market price of 3.06 USD, Jerash Holdings (US) Inc is Undervalued by 51%.