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THG PLC is an online retailer. It provides an end-to-end direct-to-consumer ("D2C") e-commerce solution for consumer brand owners under a Software as a Service, in addition to stand-alone services, including hosting, content creation and translation. Its business is operated through four businesses: THG Ingenuity, THG Nutrition, THG Beauty and Other. The company operates in the United Kingdom.
2008
8.0K+
LTM Revenue $2.4B
LTM EBITDA $133M
$1.3B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
THG has a last 12-month revenue of $2.4B and a last 12-month EBITDA of $133M.
In the most recent fiscal year, THG achieved revenue of $2.6B and an EBITDA of $54.6M.
THG expects next 12-month revenue of XXX and NTM EBITDA of XXX
See THG valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.6B | XXX | XXX | XXX |
| Gross Profit | $1.2B | $1.1B | XXX | XXX | XXX |
| Gross Margin | 43% | 43% | XXX | XXX | XXX |
| EBITDA | -$373M | $54.6M | XXX | XXX | XXX |
| EBITDA Margin | -13% | 2% | XXX | XXX | XXX |
| Net Profit | -$178M | -$695M | XXX | XXX | XXX |
| Net Margin | -6% | -26% | XXX | XXX | XXX |
| Net Debt | n/a | $264M | XXX | XXX | XXX |
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As of April 15, 2025, THG's stock price is GBP 0 (or $0).
THG has current market cap of GBP 365M (or $470M), and EV of GBP 1.0B (or $1.3B).
See THG trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1.3B | $470M | XXX | XXX | XXX | XXX | $-0.08 |
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Sign UpAs of April 15, 2025, THG has market cap of $470M and EV of $1.3B.
THG's trades at 0.6x LTM EV/Revenue multiple, and 10.2x LTM EBITDA.
Analysts estimate THG's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for THG and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $1.3B | XXX | XXX | XXX |
| EV/Revenue | 0.5x | XXX | XXX | XXX |
| EV/EBITDA | 24.7x | XXX | XXX | XXX |
| P/E | -1.5x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | 64.9x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpTHG's NTM/LTM revenue growth is -3%
THG's revenue per employee for the last fiscal year averaged $0.3M, while opex per employee averaged $0.2M for the same period.
Over next 12 months, THG's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate THG's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for THG and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | -9% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 2% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -115% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | -1% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.3M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.2M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 15% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 35% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 50% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Brillia Inc | XXX | XXX | XXX | XXX | XXX | XXX |
| Adore Beauty | XXX | XXX | XXX | XXX | XXX | XXX |
| Kogan.com | XXX | XXX | XXX | XXX | XXX | XXX |
| Temple & Webster | XXX | XXX | XXX | XXX | XXX | XXX |
| BIKE24 | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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THG acquired XXX companies to date.
Last acquisition by THG was XXXXXXXX, XXXXX XXXXX XXXXXX . THG acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was THG founded? | THG was founded in 2008. |
| Where is THG headquartered? | THG is headquartered in United Kingdom of Great Britain and Northern Ireland. |
| How many employees does THG have? | As of today, THG has 8.0K+ employees. |
| Who is the CEO of THG? | THG's CEO is Mr. Matthew Moulding. |
| Is THG publicy listed? | Yes, THG is a public company listed on LON. |
| What is the stock symbol of THG? | THG trades under THG ticker. |
| When did THG go public? | THG went public in 2020. |
| Who are competitors of THG? | Similar companies to THG include e.g. Brillia Inc, Adore Beauty, Kogan.com, Temple & Webster. |
| What is the current market cap of THG? | THG's current market cap is $470M |
| What is the current revenue of THG? | THG's last 12-month revenue is $2.4B. |
| What is the current EBITDA of THG? | THG's last 12-month EBITDA is $133M. |
| What is the current EV/Revenue multiple of THG? | Current revenue multiple of THG is 0.6x. |
| What is the current EV/EBITDA multiple of THG? | Current EBITDA multiple of THG is 10.2x. |
| What is the current revenue growth of THG? | THG revenue growth between 2023 and 2024 was -9%. |
| Is THG profitable? | Yes, THG is EBITDA-positive (as of the last 12 months). |
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