TORRID HOLDINGS INC (CURV) Stock Fundamental Analysis
NYSE:CURV - New York Stock Exchange, Inc. - US89142B1070 - Common Stock - Currency: USD
Taking everything into account, CURV scores 3 out of 10 in our fundamental rating. CURV was compared to 120 industry peers in the Specialty Retail industry. While CURV is still in line with the averages on profitability rating, there are concerns on its financial health. CURV has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year CURV was profitable.
CURV had a positive operating cash flow in the past year.
CURV had positive earnings in 4 of the past 5 years.
CURV had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CURV has a Return On Assets (3.09%) which is comparable to the rest of the industry.
The Return On Invested Capital of CURV (15.76%) is better than 85.47% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CURV is above the industry average of 12.30%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | N/A | ||
| ROIC | 15.76% |
ROA(3y)2.26%
ROA(5y)3.43%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)16.43%
ROIC(5y)14.05%
1.3 Margins
The Profit Margin of CURV (1.36%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CURV has declined.
The Operating Margin of CURV (5.15%) is better than 68.38% of its industry peers.
CURV's Operating Margin has declined in the last couple of years.
CURV has a Gross Margin of 37.62%. This is comparable to the rest of the industry: CURV outperforms 55.56% of its industry peers.
In the last couple of years the Gross Margin of CURV has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.15% | ||
| PM (TTM) | 1.36% | ||
| GM | 37.62% |
OM growth 3Y-4.92%
OM growth 5Y-15.34%
PM growth 3Y-26%
PM growth 5Y-36.19%
GM growth 3Y0.57%
GM growth 5Y-0.16%
2. Health
2.1 Basic Checks
CURV has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CURV has more shares outstanding
The number of shares outstanding for CURV has been reduced compared to 5 years ago.
CURV has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.23 indicates that CURV is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CURV (2.23) is comparable to the rest of the industry.
CURV has a debt to FCF ratio of 5.82. This is a neutral value as CURV would need 5.82 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.82, CURV is in line with its industry, outperforming 58.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.82 | ||
| Altman-Z | 2.23 |
ROIC/WACC1.51
WACC10.47%
2.3 Liquidity
A Current Ratio of 0.89 indicates that CURV may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.89, CURV is doing worse than 84.62% of the companies in the same industry.
A Quick Ratio of 0.34 indicates that CURV may have some problems paying its short term obligations.
CURV's Quick ratio of 0.34 is on the low side compared to the rest of the industry. CURV is outperformed by 67.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.34 |
3. Growth
3.1 Past
CURV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 50.00%, which is quite impressive.
Measured over the past years, CURV shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -32.43% on average per year.
Looking at the last year, CURV shows a decrease in Revenue. The Revenue has decreased by -5.52% in the last year.
CURV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.85% yearly.
EPS 1Y (TTM)50%
EPS 3Y-20.32%
EPS 5Y-32.43%
EPS Q2Q%66.67%
Revenue 1Y (TTM)-5.52%
Revenue growth 3Y5.39%
Revenue growth 5Y4.85%
Sales Q2Q%-4.23%
3.2 Future
The Earnings Per Share is expected to grow by 30.92% on average over the next years. This is a very strong growth
CURV is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.81% yearly.
EPS Next Y44.84%
EPS Next 2Y55.15%
EPS Next 3Y30.92%
EPS Next 5YN/A
Revenue Next Year-3.28%
Revenue Next 2Y-1.57%
Revenue Next 3Y-0.81%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 40.13, CURV can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of CURV is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 29.63. CURV is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 25.01, which means the current valuation is very expensive for CURV.
The rest of the industry has a similar Price/Forward Earnings ratio as CURV.
The average S&P500 Price/Forward Earnings ratio is at 22.68. CURV is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.13 | ||
| Fwd PE | 25.01 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CURV indicates a somewhat cheap valuation: CURV is cheaper than 61.54% of the companies listed in the same industry.
78.63% of the companies in the same industry are more expensive than CURV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.36 | ||
| EV/EBITDA | 9.43 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CURV's earnings are expected to grow with 30.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.9
PEG (5Y)N/A
EPS Next 2Y55.15%
EPS Next 3Y30.92%
5. Dividend
5.1 Amount
CURV does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.02
-0.19 (-3.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners4.18%
Inst Owner Change5.53%
Ins Owners9.53%
Ins Owner Change-10.49%
Market Cap630.66M
Analysts76.67
Price Target4.9 (-18.6%)
Short Float %9.51%
Short Ratio3.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-64.58%
Min EPS beat(2)-129.71%
Max EPS beat(2)0.55%
EPS beat(4)3
Avg EPS beat(4)-5.33%
Min EPS beat(4)-129.71%
Max EPS beat(4)58.98%
EPS beat(8)5
Avg EPS beat(8)1.42%
EPS beat(12)7
Avg EPS beat(12)-1.85%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.87%
Min Revenue beat(2)-9.52%
Max Revenue beat(2)-2.21%
Revenue beat(4)1
Avg Revenue beat(4)-2.47%
Min Revenue beat(4)-9.52%
Max Revenue beat(4)4.72%
Revenue beat(8)3
Avg Revenue beat(8)0.14%
Revenue beat(12)6
Avg Revenue beat(12)0.99%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)14.29%
PT rev (3m)-21.63%
EPS NQ rev (1m)-117.39%
EPS NQ rev (3m)18.92%
EPS NY rev (1m)12.7%
EPS NY rev (3m)-21.22%
Revenue NQ rev (1m)-9.05%
Revenue NQ rev (3m)-10.11%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.13 | ||
| Fwd PE | 25.01 | ||
| P/S | 0.56 | ||
| P/FCF | 12.36 | ||
| P/OCF | 8.48 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.43 |
EPS(TTM)0.15
EY2.49%
EPS(NY)0.24
Fwd EY4%
FCF(TTM)0.49
FCFY8.09%
OCF(TTM)0.71
OCFY11.8%
SpS10.71
BVpS-1.81
TBVpS-1.89
PEG (NY)0.9
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | N/A | ||
| ROCE | 23.87% | ||
| ROIC | 15.76% | ||
| ROICexc | 19.19% | ||
| ROICexgc | 20.02% | ||
| OM | 5.15% | ||
| PM (TTM) | 1.36% | ||
| GM | 37.62% | ||
| FCFM | 4.55% |
ROA(3y)2.26%
ROA(5y)3.43%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)16.43%
ROIC(5y)14.05%
ROICexc(3y)17.45%
ROICexc(5y)15.69%
ROICexgc(3y)18.02%
ROICexgc(5y)16.17%
ROCE(3y)26.18%
ROCE(5y)22.07%
ROICexcg growth 3Y3.23%
ROICexcg growth 5Y-14.79%
ROICexc growth 3Y3.13%
ROICexc growth 5Y-14.62%
OM growth 3Y-4.92%
OM growth 5Y-15.34%
PM growth 3Y-26%
PM growth 5Y-36.19%
GM growth 3Y0.57%
GM growth 5Y-0.16%
F-Score7
Asset Turnover2.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.82 | ||
| Debt/EBITDA | 2.94 | ||
| Cap/Depr | 62.21% | ||
| Cap/Sales | 2.09% | ||
| Interest Coverage | 1.59 | ||
| Cash Conversion | 78.02% | ||
| Profit Quality | 334.84% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.34 | ||
| Altman-Z | 2.23 |
F-Score7
WACC10.47%
ROIC/WACC1.51
Cap/Depr(3y)59.54%
Cap/Depr(5y)59.29%
Cap/Sales(3y)1.81%
Cap/Sales(5y)1.83%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)50%
EPS 3Y-20.32%
EPS 5Y-32.43%
EPS Q2Q%66.67%
EPS Next Y44.84%
EPS Next 2Y55.15%
EPS Next 3Y30.92%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.52%
Revenue growth 3Y5.39%
Revenue growth 5Y4.85%
Sales Q2Q%-4.23%
Revenue Next Year-3.28%
Revenue Next 2Y-1.57%
Revenue Next 3Y-0.81%
Revenue Next 5YN/A
EBIT growth 1Y3.76%
EBIT growth 3Y0.2%
EBIT growth 5Y-11.23%
EBIT Next Year38.15%
EBIT Next 3Y29.67%
EBIT Next 5YN/A
FCF growth 1Y93.24%
FCF growth 3Y-50.73%
FCF growth 5Y-25.81%
OCF growth 1Y49.41%
OCF growth 3Y-34.44%
OCF growth 5Y-17.96%