Added to YB: 2025-03-04
Pitch date: 2025-03-01
RH [neutral]
RH
-47.22%
current return
Author Info
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Company Info
RH, together with its subsidiaries, operates as a retailer and lifestyle brand in the home furnishings market in the United States, Canada, the United Kingdom, Germany, Belgium, and Spain.
Market Cap
$3.1B
Pitch Price
$322.92
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.04
P/E
29.64
EV/Sales
2.05
Sector
Specialty Retail
Category
value
Walking Through RH, Failing to See the Vision
RH (overvalued): Luxury furniture retailer's extravagant galleries (37, 50-90K sq ft) fail to drive growth. Revenue flat, margins declining, FCF negative. $6.4B mkt cap (2x rev) unjustified. $2.5B debt, cash depleted by buybacks. Visionary CEO's strategy questioned. Downside to $210 if economy weakens.
Read full article (4 min)