Jerash Holdings (US) Inc. Common Stock (JRSH)

FairStock Score: 62/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Jerash as a contract apparel maker, not a branded franchise. It produces customized sportswear and outerwear for brands and retailers, employing 6,600 people, so pricing power is likely modest and the moat narrow. The turnaround is real: in fiscal 2026, the year ended 2026-03-31, revenue was $166.3M and net income was $3.5M, compared with fiscal 2025 revenue of $145.8M and a net loss of $848,369, and fiscal 2024 revenue of $117.2M and a net loss of $2.0M. In fiscal Q1 2027, the quarter ended 2026-06-30, revenue was $50.2M and net income was $1.7M, with diluted EPS of $0.13. Financial health looks decent: FairStock shows debt/equity of 0.14, Altman Z-Score of 4.10, Piotroski F-Score of 7/9, and TTM free cash flow of $6.7M, an 8.3% FCF yield. Returns are only fair, with FairStock ROE of 7.73% and ROCE of 5.91%. At the 2026-10-13 close of $6.28, FairStock calculates P/E 16.97, P/B 1.21, EV/EBITDA 6.49, PEG 0.02, Graham Number $6.58, and margin of safety 4.56%; dividend yield is 3.55%. That is not expensive, but the margin of safety is slim and the 52-week range is $2.85-$6.38. FairStock labels it a TURNAROUND because it returned to profit after a loss within the last three years. I want more evidence of durable margins before calling it a bargain.

In plain English: Jerash makes clothes such as sportswear and outerwear for brands and retailers, mostly from knitted fabrics, and has about 6,600 employees. The business is improving: it lost money in fiscal 2024 and 2025 but earned $3.5M in fiscal 2026 and $1.7M in the latest reported quarter, though profit margins are thin. At $6.28 on 2026-10-13, the price looks close to fair, maybe slightly cheap compared with the company’s earnings and book value, but not a wide discount.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2027 10-Q (period ended 2026-06-30) · fiscal Q3 2026 10-Q (period ended 2025-12-31) · fiscal Q2 2026 10-Q (period ended 2025-09-30) · fiscal Q1 2026 10-Q (period ended 2025-06-30) · FY2026 10-K (period ended 2026-03-31) · FY2025 10-K (period ended 2025-03-31) · FY2024 10-K (period ended 2024-03-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer