FIGS, Inc.

FIGS, Inc.

FIGSยทNYSE

$11.97

+4.7%
Consumer CyclicalApparel - Manufacturers

FIGS, Inc. operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States. It designs and sells healthcare apparel and other non-scrub offerings, such as lab coats, under scrubs, outerwear, activewear, loungewear, compression socks footwear, and masks. It also offers sports bras, performance leggings, tops, super-soft pima cotton tops, vests, and jackets. The company markets and sells its products through its digital platform comprising website and mobile app. FIGS, Inc. was founded in 2013 and is headquartered in Santa Monica, California.

At a Glance

Live Snapshot
Market Cap$2.00B
EPS0.2100
P/E Ratio57.00
Earnings Date08/06/2026
FIGS, Inc.

FIGS, Inc. Fair Value Envelope

FIGS ยท NYSE

Our analysis suggests that FIGS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $11.97, this represents a potential HIDDEN relative to our calculated worth for FIGS, Inc..

Intrinsic Value
Current Price: $11.97

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$250.2M
+ Cash & Equivalents$82.0M
Firm Value$332.2M
- Debt$60.0M
Equity Value$272.2M
/ Shares Outstanding163,809,975B
DCF Value$2
OVERVALUED BY 86%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$50.5M
$41.8M
$34.5M
$28.5M
$23.6M
$19.5M
$16.1M
$13.3M
$11.0M
$9.1M
Maintenance CapEx
-$1.3M
-$1.1M
-$921.8K
-$761.7K
-$629.4K
-$520.1K
-$429.8K
-$355.1K
-$293.5K
-$242.5K
Owner Earnings
$49.2M
$40.7M
$33.6M
$27.8M
$22.9M
$19.0M
$15.7M
$12.9M
$10.7M
$8.8M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$45.6M
$34.9M
$26.7M
$20.4M
$15.6M
$11.9M
$9.1M
$7.0M
$5.4M
$4.1M
Terminal Value represents 27.8% of Enterprise Value