Hour Loop, Inc. (HOUR) vs ThredUp Inc. (TDUP)

Hour Loop, Inc. and ThredUp Inc. are both Internet Retail companies. ThredUp Inc. is the larger, with a market value of $298.1M against $62.0M — 4.8× the size. ThredUp Inc. has negative trailing earnings, so its P/E is not meaningful; Hour Loop, Inc. trades at 38.6×. ThredUp Inc. grew revenue faster over the last twelve months: 20.4% against 10.8%. Hour Loop, Inc. has the higher net margin (1.14% vs −6.65%) and the higher return on invested capital (18.6% vs −57.1%). Across the 19 metrics below, Hour Loop, Inc. leads on 13 and ThredUp Inc. on 6.

Valuation

Metric HOUR TDUP Internet Retail median
P/E 38.58 n/m 22.73
P/S 0.40 0.87 0.64
P/B 6.89 4.81 1.65
Price to free cash flow n/m 181.14 14.11
EV/EBITDA 26.48 n/m 15.68
EV/Sales 0.43 0.78 0.76
Earnings yield 2.59% (7.56%) (0.11%)
Free cash flow yield (0.21%) 0.55% 0.00%

Profitability

Metric HOUR TDUP Internet Retail median
Gross margin 51.49% 79.52% 43.51%
Operating margin 1.53% (7.11%) 0.08%
Net margin 1.14% (6.65%) 0.56%
Free cash flow margin (0.08%) 0.48% 0.00%
Return on equity 21.79% (36.76%) 0.00%
Return on assets 7.12% (12.93%) 0.00%
Return on invested capital 18.56% (57.05%) 0.00%

Growth

Metric HOUR TDUP Internet Retail median
Revenue growth (TTM) 10.79% 20.37% 10.60%
EPS growth (last fiscal year) 150.00% 75.36% —
Revenue growth, 5-year CAGR 29.80% 10.81% 10.81%
Net income growth, 5-year CAGR (14.93%) 0.00% 0.00%

Health

Metric HOUR TDUP Internet Retail median
Debt to equity 0.00 0.29 0.13
Current ratio 1.49 0.99 1.49
Net debt to EBITDA (1.43) 7.17 (0.25)

Dividend

Metric HOUR TDUP Internet Retail median
Dividend yield — — —
Payout ratio 0.00 0.00 0.00

Size

Metric HOUR TDUP Internet Retail median
Market cap 61.95m 298.13m 443.85m

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