TORRID HOLDINGS INC (CURV) Stock Fundamental Analysis
NYSE:CURV - US89142B1070 - Common Stock
2.18 USD
-0.01 (-0.46%)
2.16 USD
-0.02 (-0.92%)
We assign a fundamental rating of 3 out of 10 to CURV. CURV was compared to 122 industry peers in the Specialty Retail industry. There are concerns on the financial health of CURV while its profitability can be described as average. CURV is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CURV was profitable.
CURV had a positive operating cash flow in the past year.
Of the past 5 years CURV 4 years were profitable.
In the past 5 years CURV always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.23%, CURV is in line with its industry, outperforming 57.38% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 14.50%, CURV belongs to the top of the industry, outperforming 82.79% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CURV is significantly above the industry average of 11.94%.
The 3 year average ROIC (19.24%) for CURV is well above the current ROIC(14.50%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.23% | ||
| ROE | N/A | ||
| ROIC | 14.5% |
ROA(3y)5.1%
ROA(5y)2.78%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)19.24%
ROIC(5y)15.7%
1.3 Margins
CURV has a Profit Margin (0.93%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CURV has declined.
Looking at the Operating Margin, with a value of 4.32%, CURV is in the better half of the industry, outperforming 63.11% of the companies in the same industry.
CURV's Operating Margin has declined in the last couple of years.
CURV has a Gross Margin (36.65%) which is in line with 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 | 4.32% | ||
| PM (TTM) | 0.93% | ||
| GM | 36.65% |
OM growth 3Y13.99%
OM growth 5Y-6.94%
PM growth 3YN/A
PM growth 5Y-18.22%
GM growth 3Y-3.3%
GM growth 5Y-0.39%
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.
The number of shares outstanding for CURV has been increased compared to 1 year ago.
Compared to 5 years ago, CURV has less shares outstanding
The debt/assets ratio for CURV has been reduced compared to a year ago.
2.2 Solvency
CURV has an Altman-Z score of 1.88. This is not the best score and indicates that CURV is in the grey zone with still only limited risk for bankruptcy at the moment.
CURV has a Altman-Z score (1.88) which is comparable to the rest of the industry.
The Debt to FCF ratio of CURV is 13.40, which is on the high side as it means it would take CURV, 13.40 years of fcf income to pay off all of its debts.
CURV has a Debt to FCF ratio of 13.40. This is comparable to the rest of the industry: CURV outperforms 52.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 13.4 | ||
| Altman-Z | 1.88 |
ROIC/WACC1.35
WACC10.73%
2.3 Liquidity
A Current Ratio of 0.87 indicates that CURV may have some problems paying its short term obligations.
CURV has a worse Current ratio (0.87) than 79.51% of its industry peers.
A Quick Ratio of 0.23 indicates that CURV may have some problems paying its short term obligations.
CURV has a worse Quick ratio (0.23) than 86.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.23 |
3. Growth
3.1 Past
The earnings per share for CURV have decreased by -9.09% in the last year.
CURV shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -16.48% yearly.
Looking at the last year, CURV shows a decrease in Revenue. The Revenue has decreased by -4.21% in the last year.
The Revenue has been growing slightly by 1.26% on average over the past years.
EPS 1Y (TTM)-9.09%
EPS 3YN/A
EPS 5Y-16.48%
EPS Q2Q%-50%
Revenue 1Y (TTM)-4.21%
Revenue growth 3Y-5.24%
Revenue growth 5Y1.26%
Sales Q2Q%-4.93%
3.2 Future
Based on estimates for the next years, CURV will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.21% on average per year.
The Revenue is expected to decrease by -2.07% on average over the next years.
EPS Next Y-11.66%
EPS Next 2Y8.11%
EPS Next 3Y10.21%
EPS Next 5YN/A
Revenue Next Year-5.98%
Revenue Next 2Y-3.64%
Revenue Next 3Y-2.07%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 21.80, CURV is valued on the expensive side.
CURV's Price/Earnings ratio is a bit cheaper when compared to the industry. CURV is cheaper than 70.49% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.08. CURV is around the same levels.
A Price/Forward Earnings ratio of 11.66 indicates a reasonable valuation of CURV.
Based on the Price/Forward Earnings ratio, CURV is valued a bit cheaper than the industry average as 78.69% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.72, CURV is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.8 | ||
| Fwd PE | 11.66 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CURV indicates a rather cheap valuation: CURV is cheaper than 93.44% of the companies listed in the same industry.
CURV's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CURV is cheaper than 86.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.89 | ||
| EV/EBITDA | 3.56 |
4.3 Compensation for Growth
CURV has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.11%
EPS Next 3Y10.21%
5. Dividend
5.1 Amount
CURV does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
2.18
-0.01 (-0.46%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners19.78%
Inst Owner Change-7%
Ins Owners7.51%
Ins Owner Change-22.08%
Market Cap215.91M
Analysts55
Price Target4.54 (108.26%)
Short Float %7.22%
Short Ratio3.13
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)2
Avg EPS beat(2)36.76%
Min EPS beat(2)22.55%
Max EPS beat(2)50.98%
EPS beat(4)3
Avg EPS beat(4)-13.91%
Min EPS beat(4)-129.71%
Max EPS beat(4)50.98%
EPS beat(8)6
Avg EPS beat(8)6.04%
EPS beat(12)7
Avg EPS beat(12)2.77%
EPS beat(16)11
Avg EPS beat(16)11.17%
Revenue beat(2)1
Avg Revenue beat(2)-0.23%
Min Revenue beat(2)-2.54%
Max Revenue beat(2)2.08%
Revenue beat(4)1
Avg Revenue beat(4)-3.05%
Min Revenue beat(4)-9.52%
Max Revenue beat(4)2.08%
Revenue beat(8)3
Avg Revenue beat(8)-0.21%
Revenue beat(12)5
Avg Revenue beat(12)-0.22%
Revenue beat(16)8
Avg Revenue beat(16)0.91%
PT rev (1m)-14.42%
PT rev (3m)-16.98%
EPS NQ rev (1m)35.75%
EPS NQ rev (3m)-61.38%
EPS NY rev (1m)8.99%
EPS NY rev (3m)1.39%
Revenue NQ rev (1m)-1.18%
Revenue NQ rev (3m)-8.33%
Revenue NY rev (1m)-0.38%
Revenue NY rev (3m)-5.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.8 | ||
| Fwd PE | 11.66 | ||
| P/S | 0.2 | ||
| P/FCF | 9.89 | ||
| P/OCF | 6.8 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.56 |
EPS(TTM)0.1
EY4.59%
EPS(NY)0.19
Fwd EY8.58%
FCF(TTM)0.22
FCFY10.11%
OCF(TTM)0.32
OCFY14.71%
SpS11
BVpS-1.86
TBVpS-1.94
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.23% | ||
| ROE | N/A | ||
| ROCE | 21.47% | ||
| ROIC | 14.5% | ||
| ROICexc | 16.19% | ||
| ROICexgc | 16.89% | ||
| OM | 4.32% | ||
| PM (TTM) | 0.93% | ||
| GM | 36.65% | ||
| FCFM | 2% |
ROA(3y)5.1%
ROA(5y)2.78%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)19.24%
ROIC(5y)15.7%
ROICexc(3y)21.41%
ROICexc(5y)18.14%
ROICexgc(3y)22.22%
ROICexgc(5y)18.8%
ROCE(3y)29.27%
ROCE(5y)23.72%
ROICexcg growth 3Y22.64%
ROICexcg growth 5Y12.07%
ROICexc growth 3Y22.04%
ROICexc growth 5Y11.47%
OM growth 3Y13.99%
OM growth 5Y-6.94%
PM growth 3YN/A
PM growth 5Y-18.22%
GM growth 3Y-3.3%
GM growth 5Y-0.39%
F-Score6
Asset Turnover2.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 13.4 | ||
| Debt/EBITDA | 2.06 | ||
| Cap/Depr | 11.43% | ||
| Cap/Sales | 0.91% | ||
| Interest Coverage | 1.42 | ||
| Cash Conversion | 23.7% | ||
| Profit Quality | 216.34% | ||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.23 | ||
| Altman-Z | 1.88 |
F-Score6
WACC10.73%
ROIC/WACC1.35
Cap/Depr(3y)37.83%
Cap/Depr(5y)38.99%
Cap/Sales(3y)1.79%
Cap/Sales(5y)1.58%
Profit Quality(3y)196.65%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-9.09%
EPS 3YN/A
EPS 5Y-16.48%
EPS Q2Q%-50%
EPS Next Y-11.66%
EPS Next 2Y8.11%
EPS Next 3Y10.21%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.21%
Revenue growth 3Y-5.24%
Revenue growth 5Y1.26%
Sales Q2Q%-4.93%
Revenue Next Year-5.98%
Revenue Next 2Y-3.64%
Revenue Next 3Y-2.07%
Revenue Next 5YN/A
EBIT growth 1Y-17.73%
EBIT growth 3Y8.01%
EBIT growth 5Y-5.77%
EBIT Next Year79.67%
EBIT Next 3Y28.44%
EBIT Next 5YN/A
FCF growth 1Y-33.88%
FCF growth 3Y-15.28%
FCF growth 5Y-2.85%
OCF growth 1Y-42.58%
OCF growth 3Y-13.89%
OCF growth 5Y-4.83%