FIGS, Inc. FIGS
Apparel · IPO 2021 · data as of November 13, 2026
FIGS, Inc. (FIGS) is a consumer discretionary company listed in the US with a market value of about $3.7B. In the twelve months to September 30, 2026 it had revenue of $749M and net income of $72M, a net margin of 9.7%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is financial health (5/5); the weakest is value (0/5).
Key numbers: a P/E of 58.0, a price to free cash flow of 24.7, 5-year revenue growth of 19% a year, a 5-year average ROIC of 4%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 51% below the current price.
Score: 2.0 / 5
Checks passed
- Revenue growth above 10% last year
- Profit margin improving
- 5-year revenue growth above 8% a year
- More cash than debt, or low debt to equity
- Positive free cash flow
- Interest covered more than 5 times
- Debt below 3 years of free cash flow
- Liabilities below 60% of assets
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 7 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $749M | $631M | $556M | $546M | $506M | $420M | $263M | $110M |
| Net income | $72M | $34M | $3M | $23M | $21M | -$10M | $50M | $112000 |
| Free cash flow | $148M | $53M | $64M | $85M | -$41M | $64M | $19M | $2M |
| EPS (diluted) | $0.38 | $0.19 | $0.02 | $0.12 | $0.11 | $-0.06 | $0.30 | $0.00 |
| Net margin | 9.7% | 5.4% | 0.5% | 4.2% | 4.2% | -2.3% | 18.9% | 0.1% |
| ROIC | — | 5.6% | 0.4% | 4.5% | 6.3% | 3.5% | 50.8% | -0.9% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 9 analysts is $23.22, 5% above the current price; targets range from $15.00 to $28.00; the consensus rating is “Buy”; expected EPS is $0.41 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is FIGS’s P/E ratio?
About 58.0, based on the last twelve months of diluted earnings per share (forward P/E about 54.1).
Is FIGS stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 51% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does FIGS pay a dividend?
Not currently.
Is FIGS a good stock to buy?
We do not give buy or sell advice. FIGS scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.