회사 개요
Tilly's, Inc. operates as a specialized retailer within the United States market, focusing on the sale of casual apparel, footwear, accessories, and hardgoods designed for young men, women, boys, and girls. The company functions within the Consumer Cyclical sector and specifically within the Apparel Retail industry, positioning it as a business whose performance is highly correlated with consumer discretionary spending patterns and fashion trends. The enterprise holds a market capitalization of $143.23M and reported trailing twelve-month revenue of $553.59M, while the specific number of employees is not disclosed in the available data. These valuation and revenue figures indicate that Tilly's, Inc. is a relatively small-cap entity with a niche market presence, distinguishing it from large-cap peers in the apparel industry that often command significantly higher market valuations.
재무 건전성
The company reported revenue of $553.59M over the trailing twelve months, yet this top-line growth was accompanied by a net income loss of $17,452,000 and an EBITDA of $-7,601,000, revealing a substantial gap between gross sales and final profitability. This discrepancy suggests a cost structure where operating expenses, likely including rent, labor, and supply chain costs, significantly erode the bottom line before taxes and interest are applied. Despite the net losses, the company generated a positive free cash flow of $9.31M, which provides a critical buffer for financial flexibility and allows management to fund operations without immediate reliance on external equity financing. The gross margin stands at 30.4%, indicating that the company retains roughly one-third of its sales revenue after directly accounting for the cost of goods sold. However, the operating margin is compressed to just 1.7%, and the profit margin is negative at -3.2%, signaling that overhead costs are consuming nearly all of the gross profit. On the balance sheet, cash reserves of $46.31M are outweighed by total debt of $170.46M, resulting in a debt-to-equity ratio of 200.20, which characterizes the capital structure as highly leveraged. The current ratio of 1.25 indicates that the company possesses sufficient current assets to cover its current liabilities, though the margin of safety is relatively narrow. Finally, the return on equity is -18.8% and the return on assets is -3.5%, metrics that collectively reveal that management has not yet been effective in generating positive returns on the capital invested in the business.
밸류에이션 평가
Valuation multiples for Tilly's, Inc. reflect its current unprofitability, with a trailing P/E ratio listed as N/A due to negative earnings and a forward P/E of -29.38. The negative forward P/E implies that analysts or market participants are not expecting immediate earnings turnaround in the short term, or are pricing in a significant restructuring of the income statement. The price-to-book ratio is 1.66, suggesting that the market values the company's equity at a premium of 66% over its net asset value, which is unusual for a firm reporting losses and negative EBITDA. Alternative valuation metrics such as the price-to-sales ratio of 0.26 and an EV/EBITDA of -34.95 further highlight the challenges in valuing the firm using traditional profitability-based models. Regarding price action, the 52-week high is $4.80 and the 52-week low is $0.57, meaning the current share price is trading at a level that fluctuates within this wide historical range. The stock exhibits a beta of 0.10, which indicates that its price volatility is significantly lower than the broader market, often moving independently of general market sentiment.
Growth & Income
Revenue growth year-over-year is recorded at 5.3%, demonstrating an ability to expand top-line sales, whereas earnings growth is N/A due to the company's continued net losses. Since earnings are negative, they are not growing faster than revenue; rather, the company is generating sales while simultaneously deepening its operational losses, which implies a focus on market share acquisition or inventory management rather than immediate profit expansion. As a non-dividend payer, the company does not distribute a dividend yield or maintains a payout ratio of 0.0%, indicating that it retains all available cash flow for reinvestment rather than returning capital to shareholders. Consequently, the overall growth and income profile for Tilly's, Inc. is characterized by positive revenue expansion offset by negative earnings and a lack of dividend income for investors.