ATRenew Inc. (RERE) Financial Ratios
7 years of historical data (2018–2024) · Consumer Cyclical · Specialty Retail
EV/EBITDA
↑
16.10
—
5yr avg: N/A
P/FCF
↑
12.79
↑+667% vs avg
5yr avg: 1.67
30Y Low0.9·High2.9
P/B Ratio
↑
2.02
↑+1181% vs avg
5yr avg: 0.16
30Y Low0.1·High0.2
ROE
↑
-0.2%
↓+100% vs avg
5yr avg: -46.8%
30Y Low-135%·High-0%
Debt/EBITDA
↓
0.98
↓-44% vs avg
5yr avg: 1.75
30Y Low1.0·High2.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
RERE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
ATRenew Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 12.8x P/FCF, 667% above the 5-year average of 1.7x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.1B | $698M | $467M | $706M | $858M | — | — | — |
| Enterprise Value | $858M | $-917067240 | $-1105740200 | $-793875080 | $-332813474 | — | — | — |
| P/E Ratio → | -907.09 | — | — | — | — | — | — | — |
| P/S Ratio | 0.46 | 0.04 | 0.04 | 0.07 | 0.11 | — | — | — |
| P/B Ratio | 2.02 | 0.19 | 0.13 | 0.18 | 0.13 | — | — | — |
| P/FCF | 12.79 | 1.20 | 2.94 | 0.86 | — | — | — | — |
| P/OCF | 11.60 | 1.09 | 1.91 | 0.80 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
RERE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
ATRenew Inc.'s enterprise value stands at 16.1x EBITDA. The Consumer Cyclical sector median is 11.4x, placing the stock at a 42% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.06 | -0.09 | -0.08 | -0.04 | — | — | — |
| EV / EBITDA | 16.10 | -2.53 | -6.89 | — | — | — | — | — |
| EV / EBIT | 201.58 | -31.66 | — | — | — | — | — | — |
| EV / FCF | — | -1.57 | -6.97 | -0.97 | — | — | — | — |
RERE Profitability
Margins and return-on-capital ratios measuring operating efficiency
ATRenew Inc. earns an operating margin of 0.2%, below the Consumer Cyclical sector average of 2.9%. Operating margins have expanded from -26.6% to 0.2% over the past 3 years, signaling improving operational efficiency. A negative ROE of -0.2% indicates the company is currently destroying shareholder equity. ROIC of 1.0% represents below-average returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.9% | 19.9% | 20.3% | 23.0% | 26.3% | 25.7% | 19.2% | 14.1% |
| Operating Margin | 0.2% | 0.2% | -1.3% | -26.6% | -11.5% | -9.4% | -18.6% | -7.9% |
| Net Profit Margin | -0.1% | -0.1% | -1.2% | -25.0% | -10.5% | -9.7% | -17.9% | -6.4% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| ROE | -0.2% | -0.2% | -4.1% | -47.9% | -135.1% | — | — | — |
| ROA | -0.2% | -0.2% | -3.0% | -39.3% | -12.8% | -9.4% | -23.4% | -16.9% |
| ROIC | 1.0% | 1.0% | -5.8% | -51.7% | -12.8% | — | — | — |
| ROCE | 0.8% | 0.8% | -4.4% | -49.0% | -16.7% | -11.4% | -31.3% | -40.1% |
RERE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
ATRenew Inc. carries a Debt/EBITDA ratio of 1.0x, which is very conservative (78% below the sector average of 4.4x). The company holds a net cash position — cash of $2.0B exceeds total debt of $355M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 1.9x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.10 | 0.10 | 0.11 | 0.05 | 0.03 | — | — | — |
| Debt / EBITDA | 0.98 | 0.98 | 2.53 | — | — | — | — | — |
| Net Debt / Equity | — | -0.44 | -0.42 | -0.39 | -0.19 | — | — | — |
| Net Debt / EBITDA | -4.45 | -4.45 | -9.81 | — | — | — | — | — |
| Debt / FCF | — | -2.77 | -9.91 | -1.83 | — | — | — | — |
| Interest Coverage | 1.93 | 1.93 | -24.57 | -425.71 | -53.35 | -21.75 | -59.03 | -39.24 |
Net cash position: cash ($2.0B) exceeds total debt ($355M)
RERE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
ATRenew Inc.'s current ratio of 3.19x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.78x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 3.81x to 3.19x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.19 | 3.19 | 2.68 | 3.81 | 5.03 | 1.58 | 1.45 | 1.79 |
| Quick Ratio | 2.78 | 2.78 | 2.07 | 3.38 | 4.45 | 1.43 | 1.36 | 1.67 |
| Cash Ratio | 2.00 | 2.00 | 1.44 | 2.47 | 2.30 | 0.87 | 0.73 | 1.14 |
| Asset Turnover | — | 3.21 | 2.36 | 1.95 | 1.04 | 0.93 | 0.82 | 2.65 |
| Inventory Turnover | 24.46 | 24.46 | 10.16 | 17.53 | 11.98 | 20.40 | 48.45 | 37.24 |
| Days Sales Outstanding | — | 0.97 | 1.15 | 5.48 | 0.76 | 0.93 | 0.13 | 0.70 |
RERE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
ATRenew Inc. returns 2.5% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — |
| FCF Yield | 7.8% | 83.5% | 34.0% | 116.2% | — | — | — | — |
| Buyback Yield | 2.5% | 26.4% | 34.3% | 30.9% | 0.0% | — | — | — |
| Total Shareholder Yield | 2.5% | 26.4% | 34.3% | 30.9% | 0.0% | — | — | — |
| Shares Outstanding | — | $242M | $243M | $244M | $144M | $28M | $28M | $29M |
Peer Comparison
Compare RERE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 REREYou | $1B | -907.1 | 16.1 | 12.8 | 19.9% | 0.2% | -0.2% | 1.0% | 1.0 |
 EBAY | $49B | 24.5 | 21.0 | 29.3 | 71.5% | 20.5% | 41.6% | 16.8% | 2.9 |
 BACK | $77541 | -0.0 | — | — | -323.7% | -7804.7% | — | — | — |
 CPRT | $33B | 21.3 | 15.7 | 26.6 | 45.2% | 36.5% | 18.5% | 20.1% | 0.1 |
 AAPL | $4.2T | 38.5 | 29.7 | 42.7 | 46.9% | 32.0% | 171.4% | 67.4% | 0.8 |
 JD | $46B | 7.6 | 6.4 | 7.1 | 9.8% | 3.3% | 13.6% | 9.9% | 1.9 |
 BABA | $340B | 17.9 | 13.5 | 29.6 | 40.0% | 14.1% | 11.8% | 9.6% | 1.4 |
 UPS | $85B | 15.3 | 9.1 | 17.8 | 18.5% | 9.6% | 33.8% | 16.1% | 2.6 |
 LQDT | $1B | 41.7 | 21.2 | 19.1 | 43.8% | 7.4% | 14.6% | 60.8% | 0.3 |
 WRBY | $3B | 2076.3 | 73.1 | 76.3 | 54.0% | -0.6% | 0.5% | -1.3% | 5.2 |
 REAL | $4B | -18.2 | 430.5 | 195.6 | 69.8% | -3.5% | — | — | 51.1 |
| Consumer Cyclical Median | — | 19.4 | 11.4 | 15.3 | 36.8% | 2.9% | 5.7% | 5.8% | 4.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 7 years · Updated daily
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Start ComparisonRERE — Frequently Asked Questions
Quick answers to the most common questions about buying RERE stock.
What is ATRenew Inc.'s P/E ratio?
ATRenew Inc.'s current P/E ratio is -907.1x. This places it at the 50th percentile of its historical range.
What is ATRenew Inc.'s EV/EBITDA?
ATRenew Inc.'s current EV/EBITDA is 16.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
What is ATRenew Inc.'s ROE?
ATRenew Inc.'s return on equity (ROE) is -0.2%. The historical average is -46.8%.
Is RERE stock overvalued?
Based on historical data, ATRenew Inc. is trading at a P/E of -907.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are ATRenew Inc.'s profit margins?
ATRenew Inc. has 19.9% gross margin and 0.2% operating margin.
How much debt does ATRenew Inc. have?
ATRenew Inc.'s Debt/EBITDA ratio is 1.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.