Jerash Holdings (US) (JRSH) AI Stock Analysis

• Market Cap: $43.18M
• Dividend Yield: 5.88%
• Average Volume (3M): 38.85K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.35
• Revenue Growth: 24.43%
• EPS Growth: 57.78%
• Country: US
• Employees: 5,600
• Sector: Consumer Cyclical
• Sector Strength: 72
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.01
• Shares Outstanding: 12,699,940
• 10 Day Avg. Volume: 50,335
• 30 Day Avg. Volume: 38,848
• PEG Ratio: -0.63
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -60.82
• Enterprise Value/Market Cap: 0.66
• Enterprise Value/Revenue: 0.05
• Enterprise Value/Gross Profit: 1.27
• Enterprise Value/Ebitda: 3.48
• 1Y Price Target: $4.50
• Price Target Upside: 32.35% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 63 Neutral
• Price Target: $3.50 ▲(2.94%Upside)

Jerash Holdings' overall stock score reflects strong revenue growth and a stable balance sheet, but is tempered by profitability challenges and mixed cash flow performance. Technical indicators show moderate bullish momentum, while valuation is hindered by a negative P/E ratio despite a high dividend yield. Corporate events present mixed impacts, with strategic changes and continued dividend payments.

Jerash Holdings (US) Business Overview & Revenue Model

Company Description

Jerash Holdings (US), Inc., through its subsidiaries, manufactures and exports customized and readymade sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Jordan, and internationally. The company was incorporated in 2016 and is headquartered in Fairfield, New Jersey.

How the Company Makes Money

Jerash Holdings makes money by manufacturing and exporting garments to various global apparel brands. The company's revenue model is centered on producing customized apparel products, which are then sold to its clients. These clients, often large and well-known brands, place bulk orders for clothing items, providing a stable revenue stream for Jerash Holdings. Additionally, the company benefits from its strategic location and cost-efficient production processes, which enhance its competitive edge in the apparel manufacturing industry.

Jerash Holdings (US) Financial Statement Overview

Summary

Jerash Holdings exhibits strong revenue growth and a stable balance sheet with low leverage. However, challenges with profitability due to negative net profit margin and inconsistent free cash flow growth temper the overall financial performance.

Income Statement

Jerash Holdings shows a mixed income statement performance. The company experienced a negative net profit margin in the most recent year, indicating profitability challenges. Revenue has grown significantly over the past few years, but recent profitability metrics such as EBIT and EBITDA margins are under pressure. However, the long-term revenue growth trajectory looks positive, which is a strength.

Balance Sheet

The balance sheet of Jerash Holdings reflects a stable financial position with a strong equity base. The debt-to-equity ratio is low, indicating low leverage, and the equity ratio remains robust, showcasing a solid capital structure. Return on equity has been inconsistent, which may indicate potential inefficiencies in generating returns on shareholders' equity.

Cash Flow

Cash flow analysis reveals a mixed picture. Operating cash flow has been generally positive, but free cash flow has shown volatility. The company's ability to convert operating cash flow into net income improved significantly in the latest year. However, the inconsistency in free cash flow growth raises some concerns about cash generation stability.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	145.81B	117.19M	138.06M	143.35M	90.21M
Gross Profit	22.32B	16.90M	21.79M	27.33M	16.00M
EBITDA	1.45B	3.13M	8.27M	13.44M	7.94M
Net Income	-848.37M	-2.01M	2.42M	7.92M	4.15M
Balance Sheet
Total Assets	82.98B	80.25M	83.72M	85.31M	73.25M
Cash, Cash Equivalents and Short-Term Investments	13.35B	12.43M	17.80M	25.68M	21.13M
Total Debt	627.23M	989.10K	768.75K	1.61M	1.95M
Total Liabilities	20.11B	15.81M	15.49M	16.01M	16.56M
Stockholders Equity	62.82B	64.39M	68.23M	69.30M	56.39M
Cash Flow
Free Cash Flow	413.52M	-2.36M	5.00M	3.91M	-2.39M
Operating Cash Flow	1.36B	2.48M	10.81M	8.96M	-1.50M
Investing Cash Flow	-2.37B	-5.14M	-13.78M	-8.67M	-894.26K
Financing Cash Flow	2.05B	-2.43M	-3.95M	3.29M	-1.65M

Jerash Holdings (US) Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JRSH, the sentiment is Positive. The current price of 3.4 is above the 20-day moving average (MA) of 3.35, above the 50-day MA of 3.27, and above the 200-day MA of 3.25, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 58.29 is Neutral, neither overbought nor oversold. The STOCH value of 65.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JRSH.

Jerash Holdings (US) Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JRSH	63 Neutral	$43.18M	―	-1.33%	5.88%	24.43%	57.78%
Sector *	62 Neutral	$17.27B	9.93	-8.46%	3.20%	1.63%	-26.06%
UFI	55 Neutral	$85.93M	―	-15.73%	―	2.51%	32.95%
CULP	54 Neutral	$54.13M	―	-28.56%	―	-5.37%	-37.39%
LAKE	51 Neutral	$140.25M	―	-17.61%	0.81%	34.28%	-495.11%
VNCE	48 Neutral	$20.55M	6.22	-63.56%	―	1.46%	-191.66%
XELB	38 Underperform	$3.79M	―	-51.41%	―	-46.67%	26.45%

Jerash Holdings (US) Corporate Events

Jerash Holdings Ends Joint Venture with Eratex

Jerash Holdings (US), Inc. announced the termination of its joint venture with P. T. Eratex (Hong Kong) Limited, which was established in March 2023. The decision to dissolve the joint venture, J&B International Limited, was made during a shareholders’ meeting on June 16, 2025, with completion expected by April 2027, impacting the company’s operational strategy and market presence.

The most recent analyst rating on (JRSH) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Jerash Holdings (US) stock, see the JRSH Stock Forecast page.

Jerash Holdings Declares Quarterly Dividend Announcement

On May 20, 2025, Jerash Holdings (US), Inc. announced that its board of directors declared a regular quarterly dividend of $0.05 per share of common stock, payable on or about June 6, 2025, to stockholders of record as of May 30, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders and may positively impact its market positioning by reinforcing investor confidence.

The most recent analyst rating on (JRSH) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Jerash Holdings (US) stock, see the JRSH Stock Forecast page.