Obermatt

Flags

Financial distress

RH

NYQ:RH · US74967X1037
Specialty RetailLarge

360

9
EV / EBIT5
Price / Owner Earnings9
Owner Earnings Yield16
Dividend Yield1
Price/Sales41
EV / Gross Profit18
Price/Book3
Return on Capital26
Cash Return on Capital18
Return on Equity1
EBIT Margin67
Gross Profitability26
Cash Conversion96
Accruals55
Owner Earnings Margin33
Sales growth71
Profit Growth45
Long-Term EPS Growth67
Owner Earnings Growth98
Reinvestment63
Price momentum28
Debt load18
Refinancing59
Debt Payback7
Liquidity38
Analyst ratings7
Opinion Changes50
Price Target Upside20
Market mood23
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

RH clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustrySpecialty Retail
SizeLarge
TypePublic Company
ExchangeNYSE
Founded2011
Employees4,753
Websiterh.com
ISINUS74967X1037
Last UpdateApr 2, 2026
Themes
LifestyleHome ImprovementE-CommerceMarketplaceRetail

Description

RH is a primary retailer and luxury lifestyle brand operating primarily in the home furnishings market. The company’s curated and fully integrated assortments are presented consistently across the company’s sales channels, including the company’s re…

Analysis

Hope premium

RH carries what we call a hope premium: an average business trading at an ambitious price.

The price is expensive. You pay 40.0× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 16% yearly growth; analysts expect 10%. The gap between price and consensus is worth watching: demanding expectations.

The trajectory is moderate and the balance sheet is fragile. The company scores 8/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
4
2023202420252026

All-time high

41

Jan 2023

All-time low

4

Jun 2026

Average rank

15

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
41
15
11
8
Price/Earnings
12
3
16
34
Price/Book
3
100
97
15
Dividend Yield
1
1
1
1
Value (overall)
6
27
28
11

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →