Birks & Mayors (BGI) AI Stock Analysis

• Market Cap: $18.97M
• Dividend Yield: N/A
• Average Volume (3M): 111.54K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.11
• Revenue Growth: 3.11%
• EPS Growth: 11.94%
• Country: US
• Employees: 290
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Luxury Goods
• EPS (TTM): -0.24
• Shares Outstanding: 11,593,391
• 10 Day Avg. Volume: 110,827
• 30 Day Avg. Volume: 111,539
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.17
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Birks & Mayors' stock faces significant challenges, primarily due to financial instability and negative technical indicators. The company's negative net income and high leverage are critical concerns. While there are slight improvements in cash flow management, these are overshadowed by the overall financial risks. The valuation is further constrained by a lack of profitability and dividends, making it a high-risk investment in the current environment.

Birks & Mayors Business Overview & Revenue Model

Company Description

Birks & Mayors (BGI) is a renowned luxury jewelry retailer headquartered in Canada, with a rich heritage dating back to 1879. The company operates across North America, offering an exquisite range of fine jewelry, timepieces, and gifts. Birks & Mayors is recognized for its craftsmanship, quality, and timeless designs, catering to discerning customers seeking premium products and exceptional service.

How the Company Makes Money

Birks & Mayors generates revenue primarily through the sale of luxury jewelry and timepieces. The company operates a network of retail stores and an online platform, providing customers access to a curated selection of high-end products. Key revenue streams include direct consumer sales, both in-store and online, as well as customized jewelry services. The company may also form strategic partnerships with other luxury brands to expand its product offerings and enhance market presence. Factors such as brand reputation, store location, and customer service play significant roles in driving sales and maintaining customer loyalty.

Birks & Mayors Financial Statement Overview

Summary

Birks & Mayors faces significant financial challenges, primarily driven by persistent losses and a weak balance sheet. While there are signs of revenue growth, profitability remains elusive, and the high leverage poses risks. Cash flow management is improving but still requires significant attention to achieve financial stability.

Income Statement

The company's revenue has shown fluctuating growth with a recent increase of 13.7% from 2023 to 2024. However, the net income remains negative, reflecting ongoing profitability challenges. Gross profit margin is reasonably strong at 39.7% for 2024, but net profit margin is deeply negative at -2.5%, indicating struggles with operational efficiency.

Balance Sheet

The balance sheet is concerning, with negative stockholders' equity of -$5.1 million, indicating potential financial distress. The debt-to-equity ratio is not meaningful due to negative equity, highlighting excessive leverage. Total assets have increased slightly, but the company's equity position remains weak.

Cash Flow

Free cash flow improved from 2023 to 2024, although it remains negative at -$7.4 million, showing some progress in cash management. Operating cash flow remains negative, but there is a slight improvement in the operating cash flow to net income ratio compared to previous years. The company needs to improve cash generation to support its operations.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
185.28M	162.95M	181.34M	143.07M	169.42M
	Gross Profit
73.56M	67.96M	76.22M	56.35M	64.48M
	EBIT
1.21M	-3.81M	4.47M	-2.82M	-6.24M
	EBITDA
7.85M	1.86M	10.28M	2.64M	-1.70M
	Net Income Common Stockholders
-4.63M	-7.43M	-1.90M	-8.86M	-18.46M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.78M	1.26M	2.01M	1.81M	565.00K
	Total Assets
203.27M	196.98M	183.26M	201.68M	210.65M
	Total Debt
156.62M	151.95M	140.38M	152.42M	152.78M
	Net Debt
154.84M	150.69M	138.36M	150.61M	152.21M
	Total Liabilities
208.42M	197.58M	177.40M	203.10M	207.24M
	Stockholders Equity
-5.15M	-603.00K	5.86M	-1.42M	3.41M
Cash Flow		Free Cash Flow
-7.41M	-16.34M	12.84M	-4.71M	-10.79M
	Operating Cash Flow
-170.00K	-6.92M	18.65M	-1.72M	-4.36M
	Investing Cash Flow
-7.24M	-9.41M	-5.81M	-2.99M	-6.43M
	Financing Cash Flow
7.93M	15.59M	-12.63M	5.96M	10.18M

Birks & Mayors Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.98
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BGI, the sentiment is Negative. The current price of 0.98 is below the 20-day moving average (MA) of 1.15, below the 50-day MA of 1.23, and below the 200-day MA of 1.92, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 48.47 is Neutral, neither overbought nor oversold. The STOCH value of 63.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BGI.

Birks & Mayors Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VNCE	72 Outperform	$21.22M	4.32	8.53%	―	-6.50%	-76.07%
Sector *	59 Neutral	$10.97B	9.83	-1.56%	4.06%	1.31%	-16.49%
TLYS	43 Neutral	$63.02M	―	-37.63%	―	-8.61%	-33.30%
VRA	42 Neutral	$59.00M	―	-28.34%	―	-20.99%	-976.24%
BGI	39 Underperform	$18.97M	―	89.94%	―	3.11%	11.94%
EEIQ	37 Underperform	$10.10M	―	-83.71%	―	42.73%	18.30%