(TDUP) ThredUp - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US88556E1029

Resale,Apparel,Second,Hand,Clothing

TDUP EPS (Earnings per Share)

EPS (Earnings per Share) of TDUP over the last years for every Quarter: "2020-09": null, "2020-12": -0.185, "2021-03": -0.86, "2021-06": -0.15, "2021-09": -0.15, "2021-12": -0.18, "2022-03": -0.21, "2022-06": -0.29, "2022-09": -0.24, "2022-12": -0.16, "2023-03": -0.19, "2023-06": -0.18, "2023-09": -0.17, "2023-12": -0.14, "2024-03": -0.15, "2024-06": -0.13, "2024-09": -0.13, "2024-12": -0.1893, "2025-03": -0.0447, "2025-06": -0.04, "2025-09": 0,

TDUP Revenue

Revenue of TDUP over the last years for every Quarter: 2020-09: 46.932, 2020-12: 43.433, 2021-03: 55.68, 2021-06: 59.959, 2021-09: 63.274, 2021-12: 72.879, 2022-03: 72.695, 2022-06: 76.421, 2022-09: 67.945, 2022-12: 71.318, 2023-03: 75.922, 2023-06: 82.658, 2023-09: 82.049, 2023-12: 81.393, 2024-03: 79.588, 2024-06: 79.755, 2024-09: 73.021, 2024-12: 27.667, 2025-03: 71.291, 2025-06: 77.657, 2025-09: null,

Description: TDUP ThredUp August 27, 2025

ThredUp Inc, listed on NASDAQ under the ticker symbol TDUP, is a US-based company operating in the Apparel Retail sub-industry. As a second-hand apparel retailer, ThredUps business model is centered around online thrift stores, offering a wide range of gently used clothing and accessories.

The companys quarterly tax provision is a critical aspect of its financials, reflecting the complexities of navigating tax laws and regulations. A thorough analysis of this provision can reveal insights into ThredUps operational efficiency, profitability, and cash flow management. Key drivers influencing the tax provision include the companys revenue growth, profitability margins, and geographical tax obligations.

To evaluate ThredUps performance, key performance indicators (KPIs) such as revenue growth rate, gross margin percentage, and operating expense ratio are crucial. The companys ability to manage its inventory turnover, customer acquisition costs, and supply chain efficiency also plays a significant role in determining its overall financial health. Additionally, metrics like average order value (AOV) and customer lifetime value (CLV) can provide insights into the effectiveness of ThredUps business model.

ThredUps market capitalization of approximately $1.29 billion and a beta of 1.742 indicate a relatively high level of market volatility. The absence of a price-to-earnings (P/E) ratio, due to negative earnings, highlights the companys current unprofitability. Return on Equity (RoE) stands at -94.05%, underscoring the need for the company to improve its profitability. Key economic drivers influencing ThredUps performance include consumer spending habits, competition in the online thrift store market, and the overall economic environment.

A critical examination of ThredUps financials and operational metrics is necessary to identify areas of improvement and potential opportunities for growth. By focusing on first-principles analysis and avoiding conventional wisdom, it is possible to deconstruct the companys challenges and develop actionable solutions to drive future success.

TDUP Stock Overview

Market Cap in USD 1,111m
Sub-Industry Apparel Retail
IPO / Inception 2021-03-26

TDUP Stock Ratings

Growth Rating 70.0%
Fundamental 36.4%
Dividend Rating -
Return 12m vs S&P 500 1,274%
Analyst Rating 4.50 of 5

TDUP Dividends

Currently no dividends paid

TDUP Growth Ratios

Growth Correlation 3m -76%
Growth Correlation 12m 95.4%
Growth Correlation 5y -43.2%
CAGR 5y 100.01%
CAGR/Max DD 3y (Calmar Ratio) 1.14
CAGR/Mean DD 3y (Pain Ratio) 2.86
Sharpe Ratio 12m 0.93
Alpha 969.98
Beta 1.716
Volatility 89.61%
Current Volume 1589.6k
Average Volume 20d 1285.5k
Stop Loss 8.3 (-5.6%)
Signal 0.52

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (-56.9m TTM) > 0 and > 6% of Revenue (6% = 15.0m TTM)
FCFTA 0.03 (>2.0%) and ΔFCFTA 10.98pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -0.97% (prev 1.40%; Δ -2.38pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.08 (>3.0%) and CFO 14.6m > Net Income -56.9m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 0.96 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (120.3m) change vs 12m ago 8.36% (target <= -2.0% for YES)
Gross Margin 85.64% (prev 63.13%; Δ 22.51pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 123.3% (prev 139.6%; Δ -16.27pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -8.43 (EBITDA TTM -5.99m / Interest Expense TTM 2.21m) >= 6 (WARN >= 3)

Altman Z'' -16.59

(A) -0.01 = (Total Current Assets 60.7m - Total Current Liabilities 63.2m) / Total Assets 173.6m
(B) -3.26 = Retained Earnings (Balance) -566.3m / Total Assets 173.6m
warn (B) unusual magnitude: -3.26 — check mapping/units
(C) -0.09 = EBIT TTM -18.6m / Avg Total Assets 202.4m
(D) -4.99 = Book Value of Equity -566.2m / Total Liabilities 113.4m
Total Rating: -16.59 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 36.37

1. Piotroski 4.0pt = -1.0
2. FCF Yield 0.51% = 0.25
3. FCF Margin 2.28% = 0.57
4. Debt/Equity 0.94 = 2.08
5. Debt/Ebitda -2.58 = -2.50
6. ROIC - WACC (= -34.61)% = -12.50
7. RoE -94.05% = -2.50
8. Rev. Trend -26.57% = -1.99
9. EPS Trend 79.26% = 3.96

What is the price of TDUP shares?

As of November 03, 2025, the stock is trading at USD 8.79 with a total of 1,589,564 shares traded.
Over the past week, the price has changed by -2.01%, over one month by -3.83%, over three months by -9.19% and over the past year by +1564.14%.

Is ThredUp a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, ThredUp (NASDAQ:TDUP) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 36.37 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TDUP is around 7.17 USD . This means that TDUP is currently overvalued and has a potential downside of -18.43%.

Is TDUP a buy, sell or hold?

ThredUp has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy TDUP.
  • Strong Buy: 3
  • Buy: 0
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the TDUP price?

Issuer Target Up/Down from current
Wallstreet Target Price 13 47.9%
Analysts Target Price 13 47.9%
ValueRay Target Price 8.2 -6.4%

TDUP Fundamental Data Overview October 31, 2025

Market Cap USD = 1.11b (1.11b USD * 1.0 USD.USD)
P/S = 4.0
P/B = 18.697
Beta = 1.716
Revenue TTM = 249.6m USD
EBIT TTM = -18.6m USD
EBITDA TTM = -5.99m USD
Long Term Debt = 16.2m USD (from longTermDebt, last quarter)
Short Term Debt = 8.73m USD (from shortTermDebt, last quarter)
Debt = 56.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 15.5m USD (from netDebt column, last quarter)
Enterprise Value = 1.12b USD (1.11b + Debt 56.5m - CCE 47.6m)
Interest Coverage Ratio = -8.43 (Ebit TTM -18.6m / Interest Expense TTM 2.21m)
FCF Yield = 0.51% (FCF TTM 5.68m / Enterprise Value 1.12b)
FCF Margin = 2.28% (FCF TTM 5.68m / Revenue TTM 249.6m)
Net Margin = -22.78% (Net Income TTM -56.9m / Revenue TTM 249.6m)
Gross Margin = 85.64% ((Revenue TTM 249.6m - Cost of Revenue TTM 35.9m) / Revenue TTM)
Gross Margin QoQ = 79.50% (prev 79.07%)
Tobins Q-Ratio = 6.45 (Enterprise Value 1.12b / Total Assets 173.6m)
Interest Expense / Debt = 0.88% (Interest Expense 496.0k / Debt 56.5m)
Taxrate = -0.60% (negative due to tax credits) (31.0k / -5.14m)
NOPAT = -18.7m (EBIT -18.6m * (1 - -0.60%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 0.96 (Total Current Assets 60.7m / Total Current Liabilities 63.2m)
Debt / Equity = 0.94 (Debt 56.5m / totalStockholderEquity, last quarter 60.2m)
Debt / EBITDA = -2.58 (negative EBITDA) (Net Debt 15.5m / EBITDA -5.99m)
Debt / FCF = 2.73 (Net Debt 15.5m / FCF TTM 5.68m)
Total Stockholder Equity = 60.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -32.76% (Net Income -56.9m / Total Assets 173.6m)
RoE = -94.05% (Net Income TTM -56.9m / Total Stockholder Equity 60.5m)
RoCE = -24.26% (EBIT -18.6m / Capital Employed (Equity 60.5m + L.T.Debt 16.2m))
RoIC = -22.83% (negative operating profit) (NOPAT -18.7m / Invested Capital 82.0m)
WACC = 11.79% (E(1.11b)/V(1.17b) * Re(12.34%) + D(56.5m)/V(1.17b) * Rd(0.88%) * (1-Tc(-0.01)))
Discount Rate = 12.34% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 5.67%
[DCF Debug] Terminal Value 53.82% ; FCFE base≈5.68m ; Y1≈3.73m ; Y5≈1.71m
Fair Price DCF = 0.19 (DCF Value 19.5m / Shares Outstanding 102.2m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 79.26 | EPS CAGR: 74.12% | SUE: 1.49 | # QB: 1
Revenue Correlation: -26.57 | Revenue CAGR: 4.98% | SUE: 0.32 | # QB: 0

Additional Sources for TDUP Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle