Thryv Holdings, Inc. (THRY)
Valuation Overview•Is Thryv Holdings, Inc. Overvalued or Undervalued?
The market is pricing the stock in line with historical averages, assuming steady-state growth.
Fragile underlying quality score of 42/100; weak margins or elevated debt leverage warrant caution.
Analysts remain bullish, forecasting further upside expansion with consensus targets suggesting solid gains.
Verdict: Average quality business weighed down by significant solvency concerns.
Wall Street is highly bullish, projecting significant upside. This is paired with healthy capital returns, driven predominantly by aggressive share repurchases.
Returns capital exclusively via buybacks — no active dividend
THRY demonstrates adequate business quality with stable profitability. This is paired with a moderately leveraged but stable balance sheet.
The company is facing top-line contraction (-13.2% 3Y CAGR) however, earnings have severely contracted over the same period. Operating efficiency remains adequate with margins around 7.6%.
| Financial Metric | Trend (12Q) | Latest Qtr | 1Y Growth | 3Y CAGR | 5Y CAGR | 10Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $167.7M | -4.7% | -13.2% | -6.7% | -6.3% | |
| EBITDA | $4.1M | — | -12.8% | — | — | |
| Net Income | $4.5M | +100.4% | -82.2% | — | — | |
| EPS (Diluted) | $0.10 | +100.3% | -83.3% | -72.5% | — | |
| Free Cash Flow | $1.5M | -44.6% | -36.1% | -31.4% | — |
| Metric | TTM | 3Y Avg | 5Y Avg | 10Y Avg |
|---|---|---|---|---|
| Gross Margin | 67.8% | 64.3% | 64.2% | 62.0% |
| Operating Margin | 7.6% | -5.0% | 2.1% | 2.6% |
| Net Margin | 1.9% | -12.4% | -4.7% | -8.4% |
| FCF Margin | 8.8% | 7.8% | 9.2% | 13.5% |
| Quarter | EPS Est. | EPS Act. | Surprise | EPS | Rev |
|---|---|---|---|---|---|
| Q2'26Latest | $0.04 | $0.10 | +150.0% | ||
| Q1'26 | $0.18 | $-0.22 | -225.0% | ||
| Q4'25 | $0.43 | $0.23 | -46.5% | ||
| Q3'25 | $0.46 | $0.42 | -8.7% | ||
| Q2'25 | $0.24 | $-0.22 | -191.7% | ||
| Q1'25 | $-0.07 | $0.19 | +371.4% | ||
| Q4'24 | $-2.53 | $-2.65 | -4.7% | ||
| Q3'24 | $0.41 | $0.33 | -19.5% |
Total return is -69.6% (1Y), lagging the benchmark by -90.5%
| Period | Total Return | vs S&P 500 (Alpha) | Dividend Contribution |
|---|---|---|---|
| YTD | -33.3% | -40.7% | — |
| 1Y | -69.6% | -90.5% | — |
| 3YCAGR | -46.3% | -66.0% | — |
| 5YCAGR | -35.9% | -47.7% | — |
| 10YCAGR | -8.1% | -22.0% | — |
The S&P 500 is at 30.6x trailing P/E — Expensive relative to historical averages.
Quick answers to common questions about Thryv Holdings, Inc. (THRY) valuation, health, and returns.
Based on peer relative multiples, Thryv Holdings, Inc. appears Fair versus peers compared to industry peers.
Thryv Holdings, Inc. has multiple valuation anchors: Peer Relative Fair Value: $3.90 | Wall Street Analyst Target: $6.50 (implying +55.5% upside). A convergence of these signals offers higher conviction.
Thryv Holdings, Inc. displays fair financial health with a composite quality score of 42/100, supported by a Altman Z-Score of 0.1 (distress zone), Piotroski F-Score of 5/9, Return on Invested Capital (ROIC) of 13.6%.
Thryv Holdings, Inc. returns capital via buybacks instead of dividends, carrying a 2.7% buyback yield and reducing outstanding shares by +19.7% in the last 12 months.
Thryv Holdings, Inc.'s current growth trajectory is Accelerating. The company achieved -4.7% 1Y revenue growth and +100.3% 1Y EPS growth, compared to its 3Y revenue CAGR of -13.2%.
Wall Street consensus is Buy based on 6 analysts, beating EPS expectations in 17% of recent quarters with a 1-quarter streak. The consensus price target represents a +55.5% change from current levels.
Investment risks for Thryv Holdings, Inc. include: -84.8% 1-year max drawdown, high beta (1.83x market volatility), elevated distress risk. Volatility risk is characterized by a beta of 1.83x.
No. These computations are purely quantitative model outputs for informational purposes. They do not account for qualitative management shifts or macro events. Always consult a licensed RIA before buying or selling shares.
Disclaimer: This page is for informational purposes only and does not constitute financial advice. All valuation models, scores, and target estimates are automated computations under stated assumptions and should not be relied upon as the sole basis for any investment decision.