THREDUP INC - CLASS A (TDUP)
US88556E1029 - Common Stock
We assign a fundamental rating of 2 out of 10 to TDUP. TDUP was compared to 123 industry peers in the Specialty Retail industry. Both the profitability and financial health of TDUP have multiple concerns. While showing a medium growth rate, TDUP is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
TDUP had negative earnings in the past year.
In the past year TDUP has reported a negative cash flow from operations.
In the past 5 years TDUP always reported negative net income.
TDUP had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
TDUP's Return On Assets of -32.52% is on the low side compared to the rest of the industry. TDUP is outperformed by 90.91% of its industry peers.
Looking at the Return On Equity, with a value of -100.90%, TDUP is doing worse than 76.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -32.52% | ||
| ROE | -100.9% | ||
| ROIC | N/A |
ROA(3y)-25.53%
ROA(5y)-28.23%
ROE(3y)-55.07%
ROE(5y)-83.35%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of TDUP (68.14%) is better than 95.87% of its industry peers.
In the last couple of years the Gross Margin of TDUP has grown nicely.
TDUP does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 68.14% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.21%
GM growth 5Y1.98%
2. Health
2.1 Basic Checks
TDUP does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, TDUP has more shares outstanding
The number of shares outstanding for TDUP has been increased compared to 5 years ago.
Compared to 1 year ago, TDUP has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -2.38, we must say that TDUP is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of TDUP (-2.38) is worse than 88.43% of its industry peers.
TDUP has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
TDUP has a Debt to Equity ratio of 0.28. This is comparable to the rest of the industry: TDUP outperforms 57.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -2.38 |
ROIC/WACCN/A
WACC9.88%
2.3 Liquidity
A Current Ratio of 0.96 indicates that TDUP may have some problems paying its short term obligations.
TDUP has a worse Current ratio (0.96) than 76.03% of its industry peers.
TDUP has a Quick Ratio of 0.96. This is a bad value and indicates that TDUP is not financially healthy enough and could expect problems in meeting its short term obligations.
TDUP has a Quick ratio of 0.86. This is in the better half of the industry: TDUP outperforms 71.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.43% over the past year.
The Revenue has been growing slightly by 0.58% in the past year.
The Revenue has been growing by 19.97% on average over the past years. This is quite good.
EPS 1Y (TTM)21.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%23.53%
Revenue 1Y (TTM)0.58%
Revenue growth 3Y20.08%
Revenue growth 5Y19.97%
Sales Q2Q%-11%
3.2 Future
The Earnings Per Share is expected to grow by 21.76% on average over the next years. This is a very strong growth
Based on estimates for the next years, TDUP will show a quite strong growth in Revenue. The Revenue will grow by 11.27% on average per year.
EPS Next Y17.5%
EPS Next 2Y18.53%
EPS Next 3Y21.76%
EPS Next 5YN/A
Revenue Next Year-6.23%
Revenue Next 2Y-5.01%
Revenue Next 3Y11.27%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for TDUP. In the last year negative earnings were reported.
Also next year TDUP is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TDUP's earnings are expected to grow with 21.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y18.53%
EPS Next 3Y21.76%
5. Dividend
5.1 Amount
TDUP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
THREDUP INC - CLASS A
NASDAQ:TDUP (11/21/2024, 8:00:01 PM)
After market: 1.28 -0.06 (-4.48%)1.34
+0.08 (+6.35%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap152.44M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -32.52% | ||
| ROE | -100.9% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 68.14% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)21.43%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y17.5%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.58%
Revenue growth 3Y20.08%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y