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Employees: 2,670
Size THG (THG.L) is a United Kingdom Consumer Discretionary company (Internet Retail) with a market value of $877M, the 234th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £39.76 on 6 Nov 2026.
Performance Over six months the shares gained 30.4%, against +0.5% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 10.1% over the last twelve months (peer median +0.3%); the operating margin is -0.9% (peer median 3.4%).
Valuation It trades at 0.7× enterprise value to sales against a peer median of 1.0× (7th cheapest of 21).
Capital Return on invested capital runs 15.3 points below its cost of capital (14.0% WACC).
Next results Next results expected around 15 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £1.76B | £1.72B | £1.75B | £1.88B | £2.24B |
| Revenue growth | — | -2% | -7% | -16% | — |
| Gross profit | £654M | £634M | £662M | £743M | £771M |
| EBITDA | £69.4M | £55.4M | £57.3M | £81.2M | £28.4M |
| Net income | -£65.8M | £54.1M | -£326M | -£248M | -£540M |
| Free cash flow | -£8.26M | -£14.1M | £29.0M | £61.0M | -£82.7M |
| Capital expenditure | £20.7M | £21.2M | £101M | £126M | £176M |
| Total debt | n/a | £561M | £646M | £995M | £1.01B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | THG.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +47.7% | -1.4% | highest of 21 |
| 6-month return | +30.4% | +0.5% | 2nd highest of 21 |
| Distance from 52-week high | -24.3% | -27.9% | 10th highest of 21 |
| Revenue growth (TTM) | +10.1% | +0.3% | 7th highest of 21 |
| Operating margin | -0.9% | 3.4% | 6th lowest of 21 |
| EV / Sales | 0.7× | 1.0× | 7th cheapest of 21 |
| ROIC minus cost of capital | -15.3 pp | -2.8 pp | 4th lowest of 17 |
| Net debt / EBITDA | 7.0× | -0.1× | most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| THG THG.L | United Kingdom | $877M | +30% | +10% | -1% | 0.7× | n/a | n/a |
| Petco Health & Wellness WOOF | United States | $848M | +5% | -1% | 3% | 0.6× | 6.6% | +3.9% |
| Hangzhou Onechance Tech Crop 300792.SZ | China | $839M | -32% | -19% | 9% | 4.3× | 19.9% | -3.7% |
| Aucnet 3964.T | Japan | $824M | +12% | +12% | 15% | 1.5× | 0.1% | +21.6% |
| Huakai Yibai Technology 300592.SZ | China | $966M | +27% | -11% | 7% | 0.8× | 3.4% | +132.3% |
| IndiaMART InterMESH INDIAMART.NS | India | $985M | -26% | +12% | 34% | 3.8× | 8.2% | +18.6% |
| Global Top E-Commerce 002640.SZ | China | $757M | -12% | -6% | 1% | 0.9× | 33.4% | -19.8% |
| NanJi E-Commerce 002127.SZ | China | $1.05B | -1% | -28% | -12% | 2.3× | 6.4% | -9.0% |
| AO World AO..L | United Kingdom | $687M | +6% | +11% | 4% | 0.4× | 3.0% | -5.3% |
| ASKUL 2678.T | Japan | $682M | +2% | -20% | -5% | 0.3× | n/a | n/a |
| Akso Health Group Sponsored ADR AHG | United States | $1.14B | -34% | -6% | -29% | 82.3× | n/a | n/a |
| Yiwu Huading Nylon 601113.SS | China | $670M | -28% | -5% | 1% | 1.0× | n/a | n/a |
| ASOS ASC.L | United Kingdom | $670M | +88% | -15% | -1% | 0.5× | 1.2% | -5.5% |
| Vedant Fashions MANYAVAR.NS | India | $1.22B | +6% | +2% | 32% | 7.9× | 21.4% | +21.5% |
| Groupon GRPN | United States | $630M | -13% | +2% | 2% | 1.4× | 27.5% | -18.9% |
| Belluna 9997.T | Japan | $629M | +22% | +5% | 8% | 1.0× | n/a | n/a |
| Guangzhou Ruoyuchen Technology 003010.SZ | China | $1.31B | -8% | +75% | 10% | 1.9× | 1.7% | +24.7% |
| Revolve RVLV | United States | $1.32B | -11% | +15% | 6% | 0.8× | n/a | n/a |
| Liquidity Services LQDT | United States | $1.37B | +21% | +5% | 9% | 2.4× | 16.2% | +18.3% |
| LuxExperience B.V. Sponsored ADR LUXE | United States | $1.40B | +20% | +111% | -6% | 0.4× | n/a | n/a |
| HelloFresh HFG.DE | Germany | $483M | -28% | -13% | 0% | 0.1× | 24.1% | +12.5% |