Logo image of FIGS

FIGS INC-CLASS A (FIGS) Stock Fundamental Analysis

USA - NYSE:FIGS - US30260D1037 - Common Stock

7.11 USD
-0.23 (-3.13%)
Last: 10/3/2025, 8:04:01 PM
7.1001 USD
-0.01 (-0.14%)
After Hours: 10/3/2025, 8:04:01 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to FIGS. FIGS was compared to 48 industry peers in the Textiles, Apparel & Luxury Goods industry. FIGS has a great financial health rating, but its profitability evaluates not so good. While showing a medium growth rate, FIGS is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

In the past year FIGS was profitable.
FIGS had a positive operating cash flow in the past year.
FIGS had positive earnings in 4 of the past 5 years.
Of the past 5 years FIGS 4 years had a positive operating cash flow.
FIGS Yearly Net Income VS EBIT VS OCF VS FCFFIGS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 50M 100M

1.2 Ratios

FIGS has a Return On Assets of 1.39%. This is in the lower half of the industry: FIGS underperforms 64.58% of its industry peers.
Looking at the Return On Equity, with a value of 1.81%, FIGS is doing worse than 64.58% of the companies in the same industry.
FIGS's Return On Invested Capital of 1.80% is on the low side compared to the rest of the industry. FIGS is outperformed by 79.17% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FIGS is significantly below the industry average of 12.18%.
Industry RankSector Rank
ROA 1.39%
ROE 1.81%
ROIC 1.8%
ROA(3y)3.56%
ROA(5y)8.96%
ROE(3y)4.54%
ROE(5y)12.14%
ROIC(3y)5.36%
ROIC(5y)12.94%
FIGS Yearly ROA, ROE, ROICFIGS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 10 20 30 40 50

1.3 Margins

FIGS has a Profit Margin of 1.26%. This is in the lower half of the industry: FIGS underperforms 62.50% of its industry peers.
In the last couple of years the Profit Margin of FIGS has grown nicely.
With a Operating Margin value of 1.75%, FIGS is not doing good in the industry: 81.25% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of FIGS has declined.
Looking at the Gross Margin, with a value of 67.23%, FIGS belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
FIGS's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 1.75%
PM (TTM) 1.26%
GM 67.23%
OM growth 3Y-46.22%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y40.17%
GM growth 3Y-1.98%
GM growth 5Y-1.19%
FIGS Yearly Profit, Operating, Gross MarginsFIGS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 20 40 60

9

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FIGS is destroying value.
Compared to 1 year ago, FIGS has less shares outstanding
Compared to 5 years ago, FIGS has more shares outstanding
FIGS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
FIGS Yearly Shares OutstandingFIGS Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 50M 100M 150M
FIGS Yearly Total Debt VS Total AssetsFIGS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

2.2 Solvency

An Altman-Z score of 7.87 indicates that FIGS is not in any danger for bankruptcy at the moment.
FIGS has a better Altman-Z score (7.87) than 93.75% of its industry peers.
There is no outstanding debt for FIGS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 7.87
ROIC/WACC0.17
WACC10.51%
FIGS Yearly LT Debt VS Equity VS FCFFIGS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

FIGS has a Current Ratio of 5.02. This indicates that FIGS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 5.02, FIGS belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
A Quick Ratio of 3.29 indicates that FIGS has no problem at all paying its short term obligations.
The Quick ratio of FIGS (3.29) is better than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 5.02
Quick Ratio 3.29
FIGS Yearly Current Assets VS Current LiabilitesFIGS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 100M 200M 300M

4

3. Growth

3.1 Past

FIGS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -60.00%.
Looking at the last year, FIGS shows a small growth in Revenue. The Revenue has grown by 3.40% in the last year.
The Revenue has been growing by 38.13% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-60%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%300%
Revenue 1Y (TTM)3.4%
Revenue growth 3Y9.81%
Revenue growth 5Y38.13%
Sales Q2Q%5.83%

3.2 Future

Based on estimates for the next years, FIGS will show a very strong growth in Earnings Per Share. The EPS will grow by 77.96% on average per year.
FIGS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.69% yearly.
EPS Next Y241.7%
EPS Next 2Y106.98%
EPS Next 3Y95.38%
EPS Next 5Y77.96%
Revenue Next Year4.81%
Revenue Next 2Y4.25%
Revenue Next 3Y4.96%
Revenue Next 5Y5.69%

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
FIGS Yearly Revenue VS EstimatesFIGS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 200M 400M 600M
FIGS Yearly EPS VS EstimatesFIGS Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 0.1 0.2 0.3

2

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 177.75, the valuation of FIGS can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of FIGS indicates a slightly more expensive valuation: FIGS is more expensive than 72.92% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of FIGS to the average of the S&P500 Index (27.86), we can say FIGS is valued expensively.
FIGS is valuated quite expensively with a Price/Forward Earnings ratio of 82.98.
70.83% of the companies in the same industry are cheaper than FIGS, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.32, FIGS is valued quite expensively.
Industry RankSector Rank
PE 177.75
Fwd PE 82.98
FIGS Price Earnings VS Forward Price EarningsFIGS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, FIGS is valued a bit more expensive than the industry average as 79.17% of the companies are valued more cheaply.
FIGS's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 29.11
EV/EBITDA 38.92
FIGS Per share dataFIGS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3

4.3 Compensation for Growth

FIGS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as FIGS's earnings are expected to grow with 95.38% in the coming years.
PEG (NY)0.74
PEG (5Y)N/A
EPS Next 2Y106.98%
EPS Next 3Y95.38%

0

5. Dividend

5.1 Amount

No dividends for FIGS!.
Industry RankSector Rank
Dividend Yield N/A

FIGS INC-CLASS A

NYSE:FIGS (10/3/2025, 8:04:01 PM)

After market: 7.1001 -0.01 (-0.14%)

7.11

-0.23 (-3.13%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)08-07 2025-08-07/amc
Earnings (Next)11-07 2025-11-07/amc
Inst Owners94.05%
Inst Owner Change-2.33%
Ins Owners5.06%
Ins Owner Change2.57%
Market Cap1.16B
Analysts52
Price Target6.55 (-7.88%)
Short Float %5.25%
Short Ratio3.76
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)103.2%
Min EPS beat(2)100%
Max EPS beat(2)106.4%
EPS beat(4)2
Avg EPS beat(4)40.22%
Min EPS beat(4)-22.99%
Max EPS beat(4)106.4%
EPS beat(8)6
Avg EPS beat(8)108.65%
EPS beat(12)9
Avg EPS beat(12)142.52%
EPS beat(16)12
Avg EPS beat(16)125.94%
Revenue beat(2)2
Avg Revenue beat(2)3.24%
Min Revenue beat(2)2.75%
Max Revenue beat(2)3.73%
Revenue beat(4)3
Avg Revenue beat(4)2.25%
Min Revenue beat(4)-3.97%
Max Revenue beat(4)6.5%
Revenue beat(8)4
Avg Revenue beat(8)1.13%
Revenue beat(12)8
Avg Revenue beat(12)1.81%
Revenue beat(16)10
Avg Revenue beat(16)0.99%
PT rev (1m)0%
PT rev (3m)39.16%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1900%
EPS NY rev (1m)11.67%
EPS NY rev (3m)67.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.89%
Valuation
Industry RankSector Rank
PE 177.75
Fwd PE 82.98
P/S 2.04
P/FCF 29.11
P/OCF 23.31
P/B 2.93
P/tB 2.93
EV/EBITDA 38.92
EPS(TTM)0.04
EY0.56%
EPS(NY)0.09
Fwd EY1.21%
FCF(TTM)0.24
FCFY3.44%
OCF(TTM)0.31
OCFY4.29%
SpS3.49
BVpS2.43
TBVpS2.43
PEG (NY)0.74
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.39%
ROE 1.81%
ROCE 2.27%
ROIC 1.8%
ROICexc 3.94%
ROICexgc 3.94%
OM 1.75%
PM (TTM) 1.26%
GM 67.23%
FCFM 7%
ROA(3y)3.56%
ROA(5y)8.96%
ROE(3y)4.54%
ROE(5y)12.14%
ROIC(3y)5.36%
ROIC(5y)12.94%
ROICexc(3y)11.7%
ROICexc(5y)31.36%
ROICexgc(3y)11.7%
ROICexgc(5y)31.36%
ROCE(3y)6.79%
ROCE(5y)16.38%
ROICexcg growth 3Y-60.06%
ROICexcg growth 5YN/A
ROICexc growth 3Y-60.06%
ROICexc growth 5YN/A
OM growth 3Y-46.22%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y40.17%
GM growth 3Y-1.98%
GM growth 5Y-1.19%
F-Score6
Asset Turnover1.1
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 111.8%
Cap/Sales 1.74%
Interest Coverage 250
Cash Conversion 264.13%
Profit Quality 555.25%
Current Ratio 5.02
Quick Ratio 3.29
Altman-Z 7.87
F-Score6
WACC10.51%
ROIC/WACC0.17
Cap/Depr(3y)362.87%
Cap/Depr(5y)303.47%
Cap/Sales(3y)2.37%
Cap/Sales(5y)1.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-60%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%300%
EPS Next Y241.7%
EPS Next 2Y106.98%
EPS Next 3Y95.38%
EPS Next 5Y77.96%
Revenue 1Y (TTM)3.4%
Revenue growth 3Y9.81%
Revenue growth 5Y38.13%
Sales Q2Q%5.83%
Revenue Next Year4.81%
Revenue Next 2Y4.25%
Revenue Next 3Y4.96%
Revenue Next 5Y5.69%
EBIT growth 1Y-61.96%
EBIT growth 3Y-40.95%
EBIT growth 5YN/A
EBIT Next Year1461.96%
EBIT Next 3Y173.51%
EBIT Next 5Y94.51%
FCF growth 1Y219.02%
FCF growth 3Y0.21%
FCF growth 5Y105.04%
OCF growth 1Y180.93%
OCF growth 3Y6.9%
OCF growth 5Y65.53%