Is Figs Inc (FIGS) overvalued? · P/E 53, rev $555.6M
Figs Inc (FIGS) is a apparel manufacturing company listed on US.
This page asks whether Figs Inc (FIGS) looks expensive on cached numbers — not a short thesis.
Latest reported FIGS revenue for 2024-12-31 was $555.6M. Net income was $2.7M. Revenue was up 1.8% from 2023-12-31 to 2024-12-31. FIGS currently screens at market cap $1.96B and trailing P/E 53.5.
FIGS currently screens at market cap $1.96B and trailing P/E 53.5. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next FIGS 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the FIGS stock page for the full model, not this heading.
Not investment advice.