Market Cap
UK£7.1b
Last Updated
2021/03/06 20:06 UTC
Data Sources
Company Financials +
Executive Summary
THG Holdings plc operates as an online retailer and technology company in the United Kingdom, Europe, and internationally. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Imperfect balance sheet with limited growth.
Similar Companies
Share Price & News
How has THG's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: THG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: Insufficient data to determine THG's volatility change over the past year.
Market Performance
7 Day Return
-7.7%
THG
-5.8%
GB Online Retail
1.2%
GB Market
1 Year Return
n/a
THG
66.5%
GB Online Retail
4.6%
GB Market
Return vs Industry: Insufficient data to determine how THG performed against the UK Online Retail industry.
Return vs Market: Insufficient data to determine how THG performed against the UK Market.
Shareholder returns
| THG | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.7% | -5.8% | 1.2% |
| 30 Day | -11.2% | -14.5% | 0.9% |
| 90 Day | 0.7% | -0.8% | 2.4% |
| 1 Year | n/a | 66.5%66.5% | 10.6%4.6% |
| 3 Year | n/a | 50.6%49.2% | 8.6%-4.5% |
| 5 Year | n/a | 208.6%194.5% | 39.5%12.5% |
Long-Term Price Volatility Vs. Market
How volatile is THG's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is THG undervalued compared to its fair value and its price relative to the market?
0.054x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate THG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate THG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: THG is unprofitable, so we can't compare its PE Ratio to the GB Online Retail industry average.
PE vs Market: THG is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate THG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: THG is good value based on its PB Ratio (0.1x) compared to the GB Online Retail industry average (6x).
Next Steps
Future Growth
How is THG forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
65.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: THG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: THG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: THG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: THG's revenue (21% per year) is forecast to grow faster than the UK market (6.7% per year).
High Growth Revenue: THG's revenue (21% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: THG's Return on Equity is forecast to be low in 3 years time (4%).
Next Steps
Past Performance
How has THG performed over the past 5 years?
-5,451.6%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: THG is currently unprofitable.
Growing Profit Margin: THG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if THG's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare THG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: THG is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (30.7%).
Return on Equity
High ROE: THG has a negative Return on Equity (-9.05%), as it is currently unprofitable.
Next Steps
Financial Health
How is THG's financial position?
Financial Position Analysis
Short Term Liabilities: THG's short term assets (£650.4M) exceed its short term liabilities (£512.0M).
Long Term Liabilities: THG's short term assets (£650.4M) exceed its long term liabilities (£635.4M).
Debt to Equity History and Analysis
Debt Level: THG's debt to equity ratio (156.3%) is considered high.
Reducing Debt: THG's debt to equity ratio has increased from 87.3% to 156.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if THG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if THG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is THG current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate THG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate THG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if THG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if THG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of THG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average board tenure
CEO
Matt Moulding (47 yo)
no data
Tenure
Mr. Matthew J. Moulding, also known as Matt, serves as Chief Executive Officer and Executive Chairman of the Hut Group Limited, which he founded in 2004 and serves as its Executive Director since June 24, ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | no data | no data | 7.86% £ 555.0m | |
| CFO & Executive Director | 12.75yrs | no data | 0.0097% £ 681.2k | |
| General Counsel | 2.92yrs | no data | no data | |
| Group Commercial Director & Executive Director | 2.08yrs | no data | no data | |
| Group Communications & Portfolio CEO and Executive Director | 2.08yrs | no data | no data | |
| THG Beauty CEO & Executive Director | 2.42yrs | no data | no data | |
| Non-Executive Director | 6.58yrs | no data | 1.35% £ 95.2m | |
| Non-Executive Director | 4.83yrs | no data | no data | |
| Non-Executive Director | 11yrs | no data | 0.20% £ 14.3m | |
| Independent Non-Executive Director | 2.33yrs | no data | no data | |
| Independent Non-Executive Director | 0.33yr | no data | no data | |
| Non-Executive Director | no data | no data | no data |
2.7yrs
Average Tenure
46yo
Average Age
Experienced Board: THG's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: THG only recently listed within the past 12 months.
Top Shareholders
Company Information
THG Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: THG Plc
- Ticker: THG
- Exchange: LSE
- Founded: 2004
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: UK£7.059b
- Shares outstanding: 1.08b
- Website: https://www.thg.com
Number of Employees
Location
- THG Plc
- Voyager House
- 5th Floor
- Manchester
- Greater Manchester
- M90 3DQ
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| THG | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Sep 2020 |
| HG0 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Sep 2020 |
| THGL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Sep 2020 |
Biography
THG Holdings plc operates as an online retailer and technology company in the United Kingdom, Europe, and internationally. The company provides an end-to-end direct-to-consumer e-commerce solution for cons...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/06 20:06 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.