(REAL) TheRealReal - Ratings and Ratios
Exchange: NASDAQ •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US88339P1012
Luxury Fashion, Jewelry, Watches
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 82.9% |
| Value at Risk 5%th | 119% |
| Relative Tail Risk | -12.82% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.88 |
| Alpha | 35.51 |
| CAGR/Max DD | 2.10 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.349 |
| Beta | 1.807 |
| Beta Downside | 1.414 |
| Drawdowns 3y | |
|---|---|
| Max DD | 57.16% |
| Mean DD | 26.82% |
| Median DD | 27.03% |
Description: REAL TheRealReal December 01, 2025
The RealReal, Inc. (NASDAQ:REAL) runs a global online marketplace that authenticates and resells luxury goods across categories such as women’s and men’s fashion, jewelry, and watches, selling via its website, mobile app, and a network of physical stores. Incorporated in 2011 and based in San Francisco, the company positions itself as a consignment platform, taking a commission on each sale while handling authentication and logistics.
Key recent metrics: FY 2023 revenue reached approximately **$1.1 billion**, up ~7% YoY, but the firm posted a net loss of **$140 million**, reflecting ongoing investment in inventory acquisition and technology. The luxury resale market is expanding at a **~15% CAGR**, driven by sustainability concerns and a younger consumer base that prefers circular fashion. A sector-wide driver is the broader discretionary spending trend; a 0.5% decline in US consumer confidence can shave 1–2% off resale volumes.
For a deeper dive into REAL’s valuation metrics and peer comparison, you might find ValueRay’s analyst toolkit useful.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income (-71.5m TTM) > 0 and > 6% of Revenue (6% = 39.8m TTM) |
| FCFTA -0.05 (>2.0%) and ΔFCFTA -3.92pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -6.59% (prev -2.41%; Δ -4.18pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.03 (>3.0%) and CFO 10.5m > Net Income -71.5m (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 0.81 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (291.9m) change vs 12m ago 159.7% (target <= -2.0% for YES) |
| Gross Margin 74.49% (prev 73.02%; Δ 1.47pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 171.6% (prev 142.7%; Δ 28.87pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -1.70 (EBITDA TTM -3.39m / Interest Expense TTM 26.4m) >= 6 (WARN >= 3) |
Altman Z'' -14.51
| (A) -0.12 = (Total Current Assets 182.4m - Total Current Liabilities 226.1m) / Total Assets 366.2m |
| (B) -3.43 = Retained Earnings (Balance) -1.26b / Total Assets 366.2m |
| warn (B) unusual magnitude: -3.43 — check mapping/units |
| (C) -0.12 = EBIT TTM -44.8m / Avg Total Assets 386.2m |
| (D) -1.67 = Book Value of Equity -1.26b / Total Liabilities 751.3m |
| Total Rating: -14.51 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 54.08
| 1. Piotroski 3.0pt |
| 2. FCF Yield -0.95% |
| 3. FCF Margin -2.90% |
| 4. Debt/Equity -1.22 |
| 5. Debt/Ebitda data missing |
| 7. RoE 19.49% |
| 8. Rev. Trend 51.34% |
| 9. EPS Trend 93.37% |
What is the price of REAL shares?
As of December 14, 2025, the stock is trading at USD 14.34 with a total of 3,331,113 shares traded.
Over the past week, the price has changed by +2.58%, over one month by -2.91%, over three months by +51.91% and over the past year by +61.85%.
Over the past week, the price has changed by +2.58%, over one month by -2.91%, over three months by +51.91% and over the past year by +61.85%.
Is REAL a buy, sell or hold?
TheRealReal has received a consensus analysts rating of 3.57.
Therefor, it is recommend to hold REAL.
- Strong Buy: 3
- Buy: 0
- Hold: 3
- Sell: 0
- Strong Sell: 1
What are the forecasts/targets for the REAL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 15.1 | 5.5% |
| Analysts Target Price | 15.1 | 5.5% |
| ValueRay Target Price | 15.2 | 5.7% |
REAL Fundamental Data Overview December 06, 2025
Market Cap USD = 1.66b (1.66b USD * 1.0 USD.USD)
P/S = 2.5016
P/B = 4.839
Beta = 2.69
Revenue TTM = 662.8m USD
EBIT TTM = -44.8m USD
EBITDA TTM = -3.39m USD
Long Term Debt = 371.3m USD (from longTermDebt, last quarter)
Short Term Debt = 24.1m USD (from shortTermDebt, last quarter)
Debt = 468.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 359.8m USD (from netDebt column, last quarter)
Enterprise Value = 2.02b USD (1.66b + Debt 468.2m - CCE 108.4m)
Interest Coverage Ratio = -1.70 (Ebit TTM -44.8m / Interest Expense TTM 26.4m)
FCF Yield = -0.95% (FCF TTM -19.2m / Enterprise Value 2.02b)
FCF Margin = -2.90% (FCF TTM -19.2m / Revenue TTM 662.8m)
Net Margin = -10.78% (Net Income TTM -71.5m / Revenue TTM 662.8m)
Gross Margin = 74.49% ((Revenue TTM 662.8m - Cost of Revenue TTM 169.1m) / Revenue TTM)
Gross Margin QoQ = 74.27% (prev 74.26%)
Tobins Q-Ratio = 5.51 (Enterprise Value 2.02b / Total Assets 366.2m)
Interest Expense / Debt = 1.51% (Interest Expense 7.08m / Debt 468.2m)
Taxrate = -0.04% (negative due to tax credits) (24.0k / -54.0m)
NOPAT = -44.8m (EBIT -44.8m * (1 - -0.04%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 0.81 (Total Current Assets 182.4m / Total Current Liabilities 226.1m)
Debt / Equity = -1.22 (negative equity) (Debt 468.2m / totalStockholderEquity, last quarter -385.1m)
Debt / EBITDA = -106.0 (out of range, set to none) (Net Debt 359.8m / EBITDA -3.39m)
Debt / FCF = -18.73 (negative FCF - burning cash) (Net Debt 359.8m / FCF TTM -19.2m)
Total Stockholder Equity = -366.7m (last 4 quarters mean from totalStockholderEquity)
RoA = -19.52% (Net Income -71.5m / Total Assets 366.2m)
RoE = 19.49% (negative equity) (Net Income TTM -71.5m / Total Stockholder Equity -366.7m)
RoCE = -977.3% (out of range, set to none) (EBIT -44.8m / Capital Employed (Equity -366.7m + L.T.Debt 371.3m))
RoIC = -157.2% (out of range, set to none) (NOPAT -44.8m / Invested Capital 28.5m)
WACC = 10.21% (E(1.66b)/V(2.13b) * Re(12.67%) + D(468.2m)/V(2.13b) * Rd(1.51%) * (1-Tc(-0.00)))
Discount Rate = 12.67% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 67.59%
Fair Price DCF = unknown (Cash Flow -19.2m)
EPS Correlation: 93.37 | EPS CAGR: 67.62% | SUE: 0.55 | # QB: 0
Revenue Correlation: 51.34 | Revenue CAGR: 4.89% | SUE: 1.13 | # QB: 2
EPS next Quarter (2026-03-31): EPS=-0.04 | Chg30d=-0.010 | Revisions Net=+0 | Analysts=4
EPS next Year (2026-12-31): EPS=0.04 | Chg30d=+0.081 | Revisions Net=+4 | Growth EPS=+126.1% | Growth Revenue=+11.0%
P/S = 2.5016
P/B = 4.839
Beta = 2.69
Revenue TTM = 662.8m USD
EBIT TTM = -44.8m USD
EBITDA TTM = -3.39m USD
Long Term Debt = 371.3m USD (from longTermDebt, last quarter)
Short Term Debt = 24.1m USD (from shortTermDebt, last quarter)
Debt = 468.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 359.8m USD (from netDebt column, last quarter)
Enterprise Value = 2.02b USD (1.66b + Debt 468.2m - CCE 108.4m)
Interest Coverage Ratio = -1.70 (Ebit TTM -44.8m / Interest Expense TTM 26.4m)
FCF Yield = -0.95% (FCF TTM -19.2m / Enterprise Value 2.02b)
FCF Margin = -2.90% (FCF TTM -19.2m / Revenue TTM 662.8m)
Net Margin = -10.78% (Net Income TTM -71.5m / Revenue TTM 662.8m)
Gross Margin = 74.49% ((Revenue TTM 662.8m - Cost of Revenue TTM 169.1m) / Revenue TTM)
Gross Margin QoQ = 74.27% (prev 74.26%)
Tobins Q-Ratio = 5.51 (Enterprise Value 2.02b / Total Assets 366.2m)
Interest Expense / Debt = 1.51% (Interest Expense 7.08m / Debt 468.2m)
Taxrate = -0.04% (negative due to tax credits) (24.0k / -54.0m)
NOPAT = -44.8m (EBIT -44.8m * (1 - -0.04%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 0.81 (Total Current Assets 182.4m / Total Current Liabilities 226.1m)
Debt / Equity = -1.22 (negative equity) (Debt 468.2m / totalStockholderEquity, last quarter -385.1m)
Debt / EBITDA = -106.0 (out of range, set to none) (Net Debt 359.8m / EBITDA -3.39m)
Debt / FCF = -18.73 (negative FCF - burning cash) (Net Debt 359.8m / FCF TTM -19.2m)
Total Stockholder Equity = -366.7m (last 4 quarters mean from totalStockholderEquity)
RoA = -19.52% (Net Income -71.5m / Total Assets 366.2m)
RoE = 19.49% (negative equity) (Net Income TTM -71.5m / Total Stockholder Equity -366.7m)
RoCE = -977.3% (out of range, set to none) (EBIT -44.8m / Capital Employed (Equity -366.7m + L.T.Debt 371.3m))
RoIC = -157.2% (out of range, set to none) (NOPAT -44.8m / Invested Capital 28.5m)
WACC = 10.21% (E(1.66b)/V(2.13b) * Re(12.67%) + D(468.2m)/V(2.13b) * Rd(1.51%) * (1-Tc(-0.00)))
Discount Rate = 12.67% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 67.59%
Fair Price DCF = unknown (Cash Flow -19.2m)
EPS Correlation: 93.37 | EPS CAGR: 67.62% | SUE: 0.55 | # QB: 0
Revenue Correlation: 51.34 | Revenue CAGR: 4.89% | SUE: 1.13 | # QB: 2
EPS next Quarter (2026-03-31): EPS=-0.04 | Chg30d=-0.010 | Revisions Net=+0 | Analysts=4
EPS next Year (2026-12-31): EPS=0.04 | Chg30d=+0.081 | Revisions Net=+4 | Growth EPS=+126.1% | Growth Revenue=+11.0%
Additional Sources for REAL Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle