COMP <GO>
ARHS vs REAL // 10Y YIELD & FRED MACRO BETA
Arhaus Inc. (Class A) (NASDAQ) VS. The RealReal Inc. (NASDAQ) • 15-METRIC TALLY: ARHS 8
— REAL 3
■ METRIC PARITY
LAST: $12.54 (+0.72%) • MKT CAP: $1.76B
macro-sensitivity
—
LAST: $13.02 (+8.86%) • MKT CAP: $1.49B
macro-sensitivity
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ARHS VS. REAL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ARHS | REAL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 38.90% | 74.60% | -35.70 | REAL | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 42.60% | -27.40% | +70.00 | ARHS | /roic <GO> |
| EV/EBITDA & P/E Valuation | 10.0x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 3.27% | 1.33% | +1.94 | ARHS | /fcf-yield <GO> |
| Operating Margin | 6.40% | -3.50% | +9.90 | ARHS | /operating-margins <GO> |
| Net Profit Margin | 4.90% | 68.00% | -63.10 | REAL | /net-margins <GO> |
| Revenue Growth (YoY) | 8.50% | 15.40% | -6.90 | REAL | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.02% | 0.00% | +0.02 | ARHS | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.66 | 0.20 | +2.46 | ARHS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 5/9 | +2.00 | ARHS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 70.5 | 66.7 | +3.80 | ARHS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 24.9x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.76B | $1.49B | $273.2M | ARHS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ARHS REV | REAL REV | ARHS GROSS % | REAL GROSS % | ARHS FCF | REAL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.38B | $692.8M | 38.9% | 74.6% | $59.0M | $18.4M |
| FY 2024 | $1.27B | $600.5M | 39.4% | 74.5% | $39.7M | $12.6M |
| FY 2023 | $1.29B | $549.3M | — | — | $168.7M | -$61.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ARHS // BETA —
REAL // BETA —