Relative Value

The Relative Value of one THG stock under the Base Case scenario is 72.43 GBX. Compared to the current market price of 45.1 GBX, THG PLC is Undervalued by 38%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

THG Relative Value
Base Case
72.43 GBX
Undervaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
30
vs Industry
67
Median 3Y
0.4
Median 5Y
0.3
Industry
0.6
Forward
0.4
vs History
vs Industry
Median 3Y
-3
Median 5Y
-4
Industry
17
Forward
-14.7
vs History
1
vs Industry
55
Median 3Y
8.7
Median 5Y
6.4
Industry
8.6
vs History
vs Industry
35
Median 3Y
-4
Median 5Y
-10.8
Industry
17.3
vs History
12
vs Industry
74
Median 3Y
1
Median 5Y
1
Industry
1.7
vs History
31
vs Industry
48
Median 3Y
0.7
Median 5Y
0.5
Industry
0.7
Forward
0.6
vs History
31
vs Industry
58
Median 3Y
1.7
Median 5Y
1.2
Industry
2.3
vs History
22
vs Industry
21
Median 3Y
6.9
Median 5Y
4.6
Industry
8.5
Forward
13.1
vs History
vs Industry
Median 3Y
-23.6
Median 5Y
-184.5
Industry
13.2
Forward
-168.8
vs History
1
vs Industry
36
Median 3Y
12.5
Median 5Y
10
Industry
10.1
vs History
vs Industry
6
Median 3Y
-5.9
Median 5Y
-15.5
Industry
14.4
vs History
19
vs Industry
63
Median 3Y
0.8
Median 5Y
0.8
Industry
1.1

Multiples Across Competitors

THG Competitors Multiples
THG PLC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
THG PLC
LSE:THG
651.8m GBP 0.4 -5.1 7.5 -119
US
Amazon.com Inc
NASDAQ:AMZN
2.4T USD 3.5 31.8 17.3 31.4
ZA
Naspers Ltd
JSE:NPN
810.4B Zac 0 0 0 0
CN
Alibaba Group Holding Ltd
NYSE:BABA
372.1B USD 2.6 21 21.6 21.6
CN
PDD Holdings Inc
NASDAQ:PDD
166.3B USD 2.8 11.5 8.1 8.1
NL
Prosus NV
AEX:PRX
122.7B EUR 23.1 11.5 737.8 737.8
AR
Mercadolibre Inc
NASDAQ:MELI
104.7B USD 4 50.4 26.3 32.5
UY
MercadoLibre Inc
BMV:MELIN
1.9T MXN 4 50 26.2 32.3
US
DoorDash Inc
NASDAQ:DASH
98.3B USD 7.8 113.8 73.5 139.2
CN
Meituan
HKEX:3690
611.1B HKD 1.5 -278.9 -172.9 -172.9
KR
Coupang Inc
NYSE:CPNG
49.1B USD 1.5 125.9 34.3 56.4
P/S Multiple
Revenue Growth P/S to Growth
UK
THG PLC
LSE:THG
Average P/S: 5.1
0.4
3%
0.1
US
Amazon.com Inc
NASDAQ:AMZN
3.5
12%
0.3
ZA
N
Naspers Ltd
JSE:NPN
Not Available
17%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
2.6
9%
0.3
CN
PDD Holdings Inc
NASDAQ:PDD
2.8
13%
0.2
NL
Prosus NV
AEX:PRX
23.1
24%
1
AR
Mercadolibre Inc
NASDAQ:MELI
4
30%
0.1
UY
MercadoLibre Inc
BMV:MELIN
4
30%
0.1
US
D
DoorDash Inc
NASDAQ:DASH
7.8
27%
0.3
CN
Meituan
HKEX:3690
1.5
13%
0.1
KR
Coupang Inc
NYSE:CPNG
1.5
16%
0.1
P/E Multiple
Earnings Growth PEG
UK
THG PLC
LSE:THG
Average P/E: 52
Negative Multiple: -5.1
N/A N/A
US
Amazon.com Inc
NASDAQ:AMZN
31.8
21%
1.5
ZA
N
Naspers Ltd
JSE:NPN
Not Available
1%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
21
17%
1.2
CN
PDD Holdings Inc
NASDAQ:PDD
11.5
10%
1.1
NL
Prosus NV
AEX:PRX
11.5
3%
3.8
AR
Mercadolibre Inc
NASDAQ:MELI
50.4
32%
1.6
UY
MercadoLibre Inc
BMV:MELIN
50
32%
1.6
US
D
DoorDash Inc
NASDAQ:DASH
113.8
161%
0.7
CN
Meituan
HKEX:3690
Negative Multiple: -278.9
5%
N/A
KR
Coupang Inc
NYSE:CPNG
125.9
121%
1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
THG PLC
LSE:THG
Average EV/EBITDA: 105.9
7.5
-11%
N/A
US
Amazon.com Inc
NASDAQ:AMZN
17.3
28%
0.6
ZA
N
Naspers Ltd
JSE:NPN
Not Available
63%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
21.6
13%
1.7
CN
PDD Holdings Inc
NASDAQ:PDD
8.1
13%
0.6
NL
Prosus NV
AEX:PRX
737.8
110%
6.7
AR
Mercadolibre Inc
NASDAQ:MELI
26.3
31%
0.8
UY
MercadoLibre Inc
BMV:MELIN
26.2
31%
0.8
US
D
DoorDash Inc
NASDAQ:DASH
73.5
101%
0.7
CN
Meituan
HKEX:3690
Negative Multiple: -172.9
5%
N/A
KR
Coupang Inc
NYSE:CPNG
34.3
57%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
THG PLC
LSE:THG
Average EV/EBIT: 132.4
Negative Multiple: -119
N/A N/A
US
Amazon.com Inc
NASDAQ:AMZN
31.4
22%
1.4
ZA
N
Naspers Ltd
JSE:NPN
Not Available
110%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
21.6
14%
1.5
CN
PDD Holdings Inc
NASDAQ:PDD
8.1
13%
0.6
NL
Prosus NV
AEX:PRX
737.8
97%
7.6
AR
Mercadolibre Inc
NASDAQ:MELI
32.5
31%
1
UY
MercadoLibre Inc
BMV:MELIN
32.3
31%
1
US
D
DoorDash Inc
NASDAQ:DASH
139.2
279%
0.5
CN
Meituan
HKEX:3690
Negative Multiple: -172.9
1%
N/A
KR
Coupang Inc
NYSE:CPNG
56.4
78%
0.7