Arhaus, Inc.

Arhaus, Inc.

ARHS·NASDAQ

$6.51

-0.31%
Consumer CyclicalHome Improvement

Arhaus, Inc. operates as a lifestyle brand and premium retailer in the home furnishings market. It provides merchandise assortments across various categories, including furniture, lighting, textiles, décor, and outdoor. The company's furniture products comprise bedroom, dining room, living room, and home office furnishings, which includes sofas, dining tables and chairs, accent chairs, console and coffee tables, beds, headboards, dressers, desks, bookcases and modular storage, etc.; and outdoor products include outdoor dining tables, chairs, chaises and other furniture, lighting, textiles, décor, umbrellas, and fire pits. It also offers lighting products, such as various distinct and artistic lighting fixtures, including chandeliers, pendants, table and floor lamps, and sconces; textile products comprising handcrafted indoor and outdoor rugs, bed linens, and pillows and throws; and décor products, including various wall art to mirrors, vases to candles, and other decorative accessories. The company distributes its products through an omni-channel model comprising showrooms, e-commerce platform, catalog, and in-home designer services. As of December 31, 2021, it operated through a network of 71 traditional showrooms, 5 Design Studios, and 3 Outlets, as well as 58 showrooms with in-home interior designers. The company was founded in 1986 and is headquartered in Boston Heights, Ohio.

At a Glance

Live Snapshot
Market Cap$921.43M
EPS0.4800
P/E Ratio13.56
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is compressed (P/E 13.6).

Valuation inputs: P/E 13.6, earnings yield +7.4%, momentum -0.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +16.1%, ROIC +6.5%).

Profitability stack: net margin +4.9%, ROE +16.1%, ROIC +6.5%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +70.0%, momentum -0.3%, net margin +4.9%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

arhs

Arhaus, Inc. Market vs Earnings Trajectory

ARHS · NASDAQ

Loading price and EPS data...

Arhaus, Inc.

Arhaus, Inc. Fair Value Envelope

ARHS · NASDAQ

Our analysis suggests that ARHS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $6.51, this represents a potential HIDDEN relative to our calculated worth for Arhaus, Inc..

Intrinsic Value
Current Price: $6.51
3Y-52.0%
5Y+269.0%
10Y-14.0%
3Y+12.0%
5Y+172.0%
10Y+179.0%
3Y-51.0%
5Y+1006.0%
10Y+794.0%
3Y+77.0%
5Y-8.0%
10Y+583.0%
3Y+171.0%
5Y-56.0%
10Y+480.0%
3Y+49.0%
5Y+332.0%
10Y+419.0%
Arhaus, Inc.

Arhaus, Inc. Profit Bridge

ARHS · NASDAQ
Revenue1.38B
Cost of Goods Sold (842.81M)
Gross Profit536.41M
Operating Expenses (447.44M)
Operating Income88.89M
Interest Expense (0.00)
Other Income/Expense3.09M
Pretax Income91.98M
Income Tax (24.72M)
Net Income67.26M
Net Income
67.26M

Profitability Analysis

Gross Margin

38.9%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

6.4%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

4.9%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

26.9%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

38.89%
Gross Profit Margin
-1%
3Y-9.0%
5Y-1.0%
10Y+9.0%
6.44%
Operating Profit Margin
-6%
3Y-57.0%
5Y+6.0%
10Y+7.0%
4.88%
Net Profit Margin
-10%
3Y-56.0%
5Y+307.0%
10Y+52.0%
16.08%
Return on Equity
-19%
3Y-75.0%
5Y-171.0%
10Y-97.0%
4.82%
Return on Assets
-15%
3Y-67.0%
5Y+156.0%
10Y-18.0%
6.48%
Return on Invested Capital
-16%
3Y-72.0%
5Y-76.0%
10Y-65.0%
ARHS

Arhaus, Inc. Cash Conversion Engine

ARHS · NASDAQ
Net Income67.26M
Depreciation & Amortization89.58M
Stock-Based Compensation0.00
Change in Working Capital-63.28M
Others41.50M
Capital Expenditures-77.87M
Free Cash Flow58.98M

Cash Flow Quality Analysis

FCF Conversion Rate

87.7%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

56.9%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

+48.4%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$63.28M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

arhs

Arhaus, Inc. Funding & Solvency Profile

ARHS · NASDAQ
Cash & Cash Equivalents177.11M
Net Receivables432.00K
Inventory369.46M
Other Current Assets34.84M
Total Current Assets582 M
Property, Plant & Equipment763.54M
Goodwill & Intangible Assets10.96M
Long-Term Investments0.00
Other Non-Current Assets2.31M
Total Non-Current Assets766 M
Total Assets
1.38B

Financial Health Analysis

Current Ratio

1.25x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

2.70x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

115 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

42% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

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Arhaus, Inc. Street Expectations Map

ARHS · NASDAQ

Wall Street analysts project that ARHS stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 9.79, with estimates ranging from a low of 8.00 to a high of 12.00.

Lowest Target
8.00
22.89%
Consensus Target
9.79
50.38%
Highest Target
12.00
84.33%

The consensus 1-year price target stands at 9.79, with estimates ranging from a low of 8.00 to a high of 12.00.

Analyst Consensus Analysis

Upside Potential

+50.4%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

40.9% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

arhs

Arhaus, Inc. Insider Positioning

ARHS · NASDAQ

During the last 12 months, there has been no insider trading activity reported for ARHS.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

5.18%
Dividend Yield
398377%
3Y-
5Y-
10Y-
 

arhs Dividend History

ARHS
10Y CAGR 4%
Latest $0.35
Annual $0.35
Dividend decline trend
Last Period: 30%