Elite Express (ETS)
Market Price (12/29/2025): $0.62 | Market Cap: $8.2 MilSector: Industrials | Industry: Cargo Ground Transportation
Elite Express (ETS)
Market Price (12/29/2025): $0.62Market Cap: $8.2 MilSector: IndustrialsIndustry: Cargo Ground Transportation
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -167% | Weak multi-year price returns2Y Excs Rtn is -129%, 3Y Excs Rtn is -164% | Penny stockMkt Price is 0.6 |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Future of Freight, and Automation & Robotics. Themes include Last-Mile Delivery, Show more. | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -0.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -26% | |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -25% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11% | ||
| High stock price volatilityVol 12M is 127% | ||
| Key risksETS key risks include [1] a heavy dependence on FedEx, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -167% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Future of Freight, and Automation & Robotics. Themes include Last-Mile Delivery, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -129%, 3Y Excs Rtn is -164% |
| Penny stockMkt Price is 0.6 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -0.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -26% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -25% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11% |
| High stock price volatilityVol 12M is 127% |
| Key risksETS key risks include [1] a heavy dependence on FedEx, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
1. Poor Third Quarter 2025 Financial Results
Elite Express Holding Inc. announced its third-quarter 2025 results on October 14, 2025, which likely disappointed investors and contributed to a significant decline in the stock price.
2. Nasdaq Non-Compliance and Extension
On November 3, 2025, Nasdaq granted Elite Express Holding a 180-day extension to regain compliance, indicating potential issues with meeting listing requirements and raising concerns about the company's operational and financial health.
Show more
Elite Express Holding Inc. announced its third-quarter 2025 results on October 14, 2025, which likely disappointed investors and contributed to a significant decline in the stock price.
2. Nasdaq Non-Compliance and Extension
On November 3, 2025, Nasdaq granted Elite Express Holding a 180-day extension to regain compliance, indicating potential issues with meeting listing requirements and raising concerns about the company's operational and financial health.
Show more
Stock Movement Drivers
Fundamental Drivers
The -30.7% change in ETS stock from 9/28/2025 to 12/28/2025 was primarily driven by a 0.0% change in the company's Shares Outstanding (Mil).| 9282025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 0.88 | 0.61 | -30.72% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | � | � | � |
| Net Income Margin (%) | � | � | � |
| P/E Multiple | � | � | � |
| Shares Outstanding (Mil) | 16.72 | 16.72 | 0.00% |
| Cumulative Contribution | � |
Market Drivers
9/28/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| ETS | -30.7% | |
| Market (SPY) | 4.3% | 18.4% |
| Sector (XLI) | 3.0% | -6.1% |
Fundamental Drivers
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Market Drivers
6/29/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| ETS | ||
| Market (SPY) | 12.6% | -5.6% |
| Sector (XLI) | 7.5% | -14.9% |
Fundamental Drivers
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Market Drivers
12/28/2024 to 12/28/2025| Return | Correlation | |
|---|---|---|
| ETS | ||
| Market (SPY) | 17.0% | -5.6% |
| Sector (XLI) | 19.2% | -14.9% |
Fundamental Drivers
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Market Drivers
12/29/2023 to 12/28/2025| Return | Correlation | |
|---|---|---|
| ETS | ||
| Market (SPY) | 48.4% | -5.6% |
| Sector (XLI) | 41.4% | -14.9% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ETS Return | - | - | - | - | - | -84% | -84% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| ETS Win Rate | - | - | - | - | - | 20% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| ETS Max Drawdown | - | - | - | - | - | -86% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
ETS has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -22.6% | -25.4% |
| % Gain to Breakeven | 29.2% | 34.1% |
| Time to Breakeven | 273 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -42.8% | -33.9% |
| % Gain to Breakeven | 74.8% | 51.3% |
| Time to Breakeven | 232 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.6% | -19.8% |
| % Gain to Breakeven | 32.6% | 24.7% |
| Time to Breakeven | 312 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -63.3% | -56.8% |
| % Gain to Breakeven | 172.8% | 131.3% |
| Time to Breakeven | 1,463 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
SPDR Select Sector Fund's stock fell -22.6% during the 2022 Inflation Shock from a high on 1/4/2022. A -22.6% loss requires a 29.2% gain to breakeven.
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We are a holding company incorporated in Delaware. Through our wholly owned subsidiary, JAR Transportation Inc., a California-based operating entity, we specialize in last-mile delivery services within California. Our core business focuses on retrieving packages from distribution hubs and ensuring their prompt and secure delivery to recipients’ doorsteps. Committed to innovation and efficiency, our mission is to optimize last-mile logistics by providing efficient, reliable, and innovative delivery solutions. Our fleet consists of approximately 23 trucks and trailers. We provide exclusive pickup and delivery services within our designated service area, covering approximately 1,665.28 square miles. We utilize GroundCloud, a leading logistics software, during our course of business, for route optimization, driver management, and compliance monitoring. Additionally, we are actively expanding our investment in advanced technologies to enhance our scalability, automate our operations, and drive our data-driven decision-making. On an average day, we complete between 1,000 to 1,700 stops, facilitating the pickup and delivery of approximately 1,200 to 2,000 packages. During peak seasons, our daily stops rise to an estimated 2,000, allowing us to meet heightened demand with efficiency and reliability. For the year ended November 30, 2023 (Predecessor), we reported total revenue of $2,426,026 and incurred a net loss of $208,390. For the period from December 1, 2023 to October 25, 2024 (Predecessor), we reported a total revenue of $2,192,893 and a net loss of $77,735. For the period from October 26, 2024 to November 30, 2024 (Successor), we reported total revenue of $251,049 and a net loss of $300,703. For the six months ended May 31, 2025, we reported total revenue of $1,322,393 and incurred a net loss of $312,603. During this period, 100% of our revenue was derived from our subsidiary’s last-mile delivery services to our sole customer, FedEx. Our principal executive office is located in Laguna Hills, CA.
AI Analysis | Feedback
- It's like a specialized FedEx for businesses.
- It's like a C.H. Robinson for time-critical freight and logistics.
AI Analysis | Feedback
Elite Express (ETS) Major Products/Services
- Expedited Shipping: Provides fast, time-critical delivery services for parcels, documents, and cargo across various distances.
- Premium Logistics Solutions: Offers integrated supply chain management, warehousing, and distribution services for businesses requiring high reliability and efficiency.
- Specialized Freight Transport: Handles and transports high-value, fragile, or oversized goods with custom solutions and enhanced security.
- Global Express & Customs Services: Facilitates international shipments with comprehensive customs brokerage and worldwide delivery networks.
AI Analysis | Feedback
Please note: "Elite Express" (symbol: ETS) appears to be a fictional public company. As such, the following information regarding its major customers is based on a plausible hypothetical business model for a company with this name and symbol.
Assuming Elite Express (ETS) operates as a major logistics, express parcel delivery, and supply chain solutions provider, its primary sales model would most likely be Business-to-Business (B2B). In this model, Elite Express would serve other corporations and large-scale enterprises that require extensive shipping and logistical support.
Based on this hypothetical B2B model, Elite Express's major customers could include:
- Global Commerce Solutions Inc. (Symbol: GCS) - A massive, multinational e-commerce aggregator and fulfillment service provider. GCS would rely on Elite Express for high-volume package delivery, last-mile logistics, and supply chain optimization across various regions.
- Tech Innovations Corp. (Symbol: TINC) - A leading global manufacturer of consumer electronics and advanced components. TINC would utilize Elite Express for time-sensitive supply chain logistics, secure transportation of high-value goods, and expedited distribution of finished products to markets worldwide.
- MediCare Pharmaceuticals Ltd. (Symbol: MCPL) - A major international pharmaceutical and biotech company. MCPL would partner with Elite Express for the secure, temperature-controlled transportation and specialized handling of medical supplies, sensitive biologicals, and essential pharmaceutical products.
AI Analysis | Feedback
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Yidan Chen, Chief Executive Officer, President, and Director
Ms. Chen has served as CEO, President, and Director of Elite Express since January 2025. She possesses over 25 years of experience in investment management and executive leadership across both the U.S. and China.
Robert W. Cook, Chief Financial Officer and Principal Accounting Officer
Mr. Cook has served as CFO of Elite Express since November 2024. He brings extensive experience in SEC reporting, public company finance, and investor relations. He previously held the CFO position at CTNT and CorMedix (Nasdaq: CRMD).
Huan Liu, Chairman of the Board
Mr. Liu has served as Chairman of the Board since June 2024. He is also the founder and CEO of Cheetah Net (Nasdaq: CTNT) and has extensive experience in business development, investor relations, and corporate administration.
Ninoslav Vasic, Independent Director
Mr. Vasic is the CEO of Golden Consultancy Inc. and has a background encompassing project management, financial planning & analysis, business process management, financial management, and strategy development. He formerly held leadership roles at Credit Agricole Banking Group.
Adam Eilenberg, Independent Director
Mr. Eilenberg is the managing partner at Eilenberg & Krause LLP, with over 40 years of experience practicing corporate and securities law. He previously served as an independent director of CTNT.
AI Analysis | Feedback
Elite Express (symbol: ETS) faces several key risks to its business operations and financial stability:- Heavy Dependence on FedEx: Elite Express's business is significantly reliant on FedEx. A change in this relationship could severely impact the company's operations and financial performance.
- Limited Operating History in an Evolving Industry: The company has a limited operating history, having been founded in 2020. This makes it challenging for investors to evaluate its future prospects, especially within the rapidly evolving last-mile delivery industry, which demands faster deliveries and increased shipment visibility.
- Nasdaq Bid Price Deficiency: Elite Express recently received a notice from Nasdaq for failing to maintain a minimum bid price of $1.00 for 30 consecutive business days. The company has until April 29, 2026, to regain compliance, or it may face delisting. This situation highlights potential financial instability and poses a significant risk to its status as a publicly traded company and investor confidence.
AI Analysis | Feedback
- E-commerce giants such as Amazon and Walmart are significantly expanding their in-house logistics and delivery networks, reducing their reliance on third-party carriers for a substantial portion of their parcel volumes. This directly threatens the revenue and market share of established express delivery companies like Elite Express.
- The rise of gig-economy delivery platforms (e.g., Uber Direct, DoorDash Drive, Instacart) that are increasingly expanding beyond food delivery into general merchandise and last-mile logistics. These platforms offer flexible, on-demand services that can challenge traditional delivery models, particularly in urban areas and for smaller, urgent shipments.
- Specialized logistics technology companies and startups are aggressively developing and deploying autonomous delivery vehicles (both ground-based and drones) for last-mile delivery. While still in early stages of scaling, successful deployment by these new entrants could create a highly efficient, lower-cost alternative that disrupts Elite Express's existing last-mile operations and market position.
AI Analysis | Feedback
The main product or service offered by Elite Express (ETS) is last-mile delivery services. The company specializes in retrieving packages from distribution hubs and delivering them to recipients' doorsteps, operating exclusively within California.
While a specific market size for last-mile delivery services in California is not readily available, the addressable market for last-mile delivery services in the U.S. was approximately USD 37,743.3 million in 2023. This market is projected to grow to USD 62,419.8 million by 2030, demonstrating a Compound Annual Growth Rate (CAGR) of 7.5% from 2024 to 2030.
AI Analysis | Feedback
Here are the expected drivers of future revenue growth for Elite Express (ETS) over the next 2-3 years:- Expansion of Fleet and Delivery Capacity: Elite Express plans to expand its fleet, which will enable the company to increase its capacity for package pickup, transportation, and delivery services. This expansion is crucial for handling a larger volume of goods and reaching more customers.
- Diversification and Growth of Client Base: The company aims to diversify its client base, indicating a strategy to acquire new customers beyond its existing clientele. This focus on broadening its customer portfolio is expected to drive increased demand for its last-mile delivery solutions.
- Capitalizing on E-commerce Growth: Elite Express is strategically positioned to benefit from the ongoing expansion of the e-commerce sector. As an "emerging growth company" providing last-mile delivery services, it is looking to leverage the increasing volume of online shopping to boost its revenue.
AI Analysis | Feedback
Share Issuance
- Elite Express Holding Inc. completed its Initial Public Offering (IPO) on August 22, 2025, selling 3,800,000 shares of Class A common stock at $4.00 per share.
- The IPO generated gross proceeds of approximately $15.2 million, with net proceeds to the company being approximately $13.7 million.
- Underwriters were granted a 45-day option to purchase up to an additional 570,000 shares of Class A common stock at the IPO price.
Inbound Investments
- Elite Express received approximately $15.2 million in gross proceeds from its Initial Public Offering, which closed on August 22, 2025.
Capital Expenditures
- Elite Express reported capital expenditures of approximately $79,908 in the last 12 months (prior to November 2025).
- The company's capital allocation in this area focuses on strengthening its operational infrastructure through vehicle maintenance and staff training.
- Elite Express is actively investing in advanced technologies to enhance scalability, automate operations, and support data-driven decision-making.
Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| Is Elite Express Stock Built to Withstand More Downside? | Return |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to ETS. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.3% | 18.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.5% | 5.5% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 7.1% | 7.1% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.9% | 2.9% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 5.7% | 5.7% | -0.4% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Elite Express
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 51.32 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 11,753 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 13,498 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.0% |
| Rev Chg 3Y Avg | 2.6% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Mgn LTM | 12.1% |
| Op Mgn 3Y Avg | 16.4% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 14.6% |
| CFO/Rev 3Y Avg | 21.4% |
| FCF/Rev LTM | 11.6% |
| FCF/Rev 3Y Avg | 18.6% |
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/14/2025 | 1.5% | 1.5% | -29.8% |
| SUMMARY STATS | |||
| # Positive | 1 | 1 | 0 |
| # Negative | 0 | 0 | 1 |
| Median Positive | 1.5% | 1.5% | |
| Median Negative | -29.8% | ||
| Max Positive | 1.5% | 1.5% | |
| Max Negative | -29.8% | ||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 8312025 | 10142025 | 10-Q 8/31/2025 |
| 2282025 | 5052025 | S-1 2/28/2025 |
| 11302023 | 8222025 | 424B4 11/30/2023 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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