GROV - Grove Collaborative Holdings Stock Price, Fair Value and News

1.58USD+0.08 (+5.33%)Market Closed

Market Summary

USD1.58+0.08

Market Closed

5.33%

GROV Stock Price

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GROV RSI Chart

GROV Valuation

Market Cap

55.0M

Price/Earnings (Trailing)

-1.27

Price/Sales (Trailing)

0.21

EV/EBITDA

-1.89

Price/Free Cashflow

-5.01

GROV Price/Sales (Trailing)

GROV Profitability

Operating Margin

24.72%

EBT Margin

-16.66%

Return on Equity

-532.28%

Return on Assets

-28.68%

Free Cashflow Yield

-19.97%

GROV Fundamentals

GROV Revenue

Revenue (TTM)

259.3M

Rev. Growth (Yr)

-19.15%

Rev. Growth (Qtr)

-3.07%

GROV Earnings

Earnings (TTM)

-43.2M

Earnings Growth (Yr)

25.21%

Earnings Growth (Qtr)

3.32%

Breaking Down GROV Revenue

Last 7 days

-3.1%

Last 30 days

-5.4%

Last 90 days

-7.1%

Trailing 12 Months

236.2%

How does GROV drawdown profile look like?

GROV Financial Health

Current Ratio

3.54

Debt/Equity

8.82

Debt/Cashflow

-0.11

GROV Investor Care

Shares Dilution (1Y)

92.24%

Diluted EPS (TTM)

-1.29

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	302.6M	289.4M	273.5M	259.3M
2022	371.9M	352.2M	334.8M	321.5M
2021	369.1M	374.0M	378.8M	383.7M
2020	0	0	0	364.3M
2019	0	0	0	233.1M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Grove Collaborative Holdings

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 09, 2024	clark christopher	sold	-6,774	1.66863	-4,060	chief technology officer
Apr 01, 2024	clark christopher	sold	-3,952	1.63	-2,425	chief technology officer
Mar 11, 2024	yurcisin jeffrey michael	bought	10,001	1.85	5,406	president & ceo
Mar 11, 2024	replogle john b	bought	49,987	1.93	25,900	-
Mar 08, 2024	yurcisin jeffrey michael	bought	20,238	1.9428	10,417	president & ceo
Mar 08, 2024	virgin group acquisition sponsor ii llc	acquired	-	-	236,526	-
Mar 08, 2024	landesberg stuart	bought	23,220	2.15	10,800	-
Mar 08, 2024	virgin group acquisition sponsor ii llc	back to issuer	-	-	-845,180	-
Mar 01, 2024	clark christopher	sold	-11,779	1.8164	-6,485	chief technology officer
Feb 15, 2024	clark christopher	acquired	-	-	42,129	chief digital officer

Which funds bought or sold GROV recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	SIMPLEX TRADING, LLC	new	-	9,000	9,000	-%
Mar 11, 2024	VANGUARD GROUP INC	added	26.47	-305,768	1,623,800	-%
Feb 14, 2024	CITADEL ADVISORS LLC	added	73.14	3,024	22,902	-%
Feb 14, 2024	Sculptor Capital LP	unchanged	-	-1,061,590	2,111,250	0.04%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	20.83	-37,553	154,034	-%
Feb 14, 2024	CAZ INVESTMENTS LP	unchanged	-	-12,000	24,000	0.03%
Feb 14, 2024	Ancora Advisors LLC	unchanged	-	-31.00	31.00	-%
Feb 14, 2024	NVP Associates, LLC	unchanged	-	-2,619,740	5,210,030	4.65%

Are Funds Buying or Selling GROV?

Are funds buying GROV calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GROV

No. of Funds

Unveiling Grove Collaborative Holdings's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 21, 2024	sculptor capital management, inc.	4.21%	1,373,789	SC 13D/A
Feb 14, 2024	norwest venture partners xiii, lp	8.6%	3,225,907	SC 13G/A
Feb 13, 2024	general atlantic, l.p.	8.2%	2,710,025	SC 13G/A
Feb 12, 2024	ya ii pn, ltd.	9.99%	0	SC 13G/A
Feb 08, 2024	morgan stanley	6.8%	2,138,199	SC 13G
Feb 07, 2024	nextview ventures ii, l.p.	3.0%	955,193	SC 13G/A
Dec 15, 2023	volition capital advisors iv, llc	16.8%	6,340,019	SC 13D/A
Nov 03, 2023	virgin group acquisition sponsor ii llc	10.9%	3,334,500	SC 13D/A
Oct 23, 2023	mayfield xv, a cayman islands exempted limited partnership	3.6%	1,073,882	SC 13D/A
Dec 08, 2022	sculptor capital management, inc.	9.7%	9,601,854	SC 13D/A

Recent SEC filings of Grove Collaborative Holdings

View All Filings

Date Filed	Form Type	Document
Apr 10, 2024	4	Insider Trading
Apr 05, 2024	ARS	ARS
Apr 05, 2024	DEF 14A	DEF 14A
Apr 05, 2024	DEFA14A	DEFA14A
Apr 02, 2024	4	Insider Trading
Mar 21, 2024	SC 13D/A	13D - Major Acquisition
Mar 20, 2024	10-K	Annual Report
Mar 20, 2024	S-8	Employee Benefits Plan
Mar 13, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading

Peers (Alternatives to Grove Collaborative Holdings)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
PG	380.5B	84.1B	-0.85%	3.04%	25.16	4.53	3.82%	5.63%
CL	74.7B	19.8B	1.16%	16.76%	28.59	3.78	7.71%	63.39%
EL	52.8B	15.2B	1.60%	-40.02%	109.41	3.49	-7.33%	-68.01%
CHD	25.9B	5.9B	2.02%	9.26%	34.3	4.42	9.16%	82.56%
CLX	18.2B	7.3B	-4.11%	-11.87%	227.21	2.49	3.47%	-81.61%
COTY	10.3B	6.0B	-3.05%	-2.39%	31.68	1.71	14.07%	132.95%
ELF	10.0B	890.1M	-8.43%	93.54%	77.09	11.21	79.24%	176.22%
MID-CAP
IPAR	3.8B	1.3B	-14.17%	-22.54%	25.07	2.9	21.26%	26.23%
NWL	3.2B	8.0B	-0.89%	-33.37%	-10.96	0.41	-10.08%	-121.80%
HIMS	2.6B	872.0M	-20.52%	8.41%	-111.22	3	65.49%	64.15%
HELE	2.2B	2.0B	-20.70%	-6.74%	12.84	1.08	-3.26%	17.67%
SMALL-CAP
EPC	1.9B	2.3B	-3.46%	-14.47%	17.45	0.82	4.31%	6.67%
ACU	149.1M	191.5M	-11.34%	54.77%	8.38	0.78	-1.27%	486.29%
GROV	55.0M	259.3M	-5.39%	236.17%	-1.27	0.21	-19.36%	50.71%
UG	38.0M	10.9M	6.57%	-15.18%	14.72	3.49	-14.28%	0.46%

Grove Collaborative Holdings News

Latest updates

Grove Collaborative Holdings Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)														(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Revenue	-3.1%	59,857,000	61,750,000	66,106,000	71,565,000	74,036,000	77,733,000	79,279,000	90,479,000	87,264,000	95,178,000	99,023,000	102,220,000	-	-
Cost Of Revenue	-	-	-	-	-	-	-	40,322,000	47,742,000	-	-	49,957,000	50,028,000	-	-
Gross Profit	-2.0%	32,562,000	33,234,000	34,308,000	37,255,000	34,791,000	38,167,000	38,957,000	42,737,000	39,262,000	47,984,000	49,066,000	52,192,000	-	-
S&GA Expenses	7.9%	32,050,000	29,699,000	35,159,000	38,021,000	51,703,000	46,295,000	57,895,000	50,970,000	46,029,000	46,100,000	46,971,000	47,538,000	-	-
R&D Expenses	27.3%	4,555,000	3,578,000	4,052,000	4,216,000	4,576,000	5,765,000	5,922,000	6,240,000	6,972,000	5,586,000	5,688,000	5,162,000	-	-
EBITDA Margin	13.3%	-0.08	-0.09	-0.03	-0.12	-0.22	-0.28	-0.39	-0.36	-0.33	-0.16	-0.17	-0.17	-0.17	-0.67
Interest Expenses	0.3%	4,159,000	4,145,000	4,044,000	3,729,000	2,767,000	2,546,000	2,285,000	2,087,000	1,930,000	1,213,000	1,096,000	963,000	-	-
Income Taxes	42.9%	10,000	7,000	11,000	10,000	19,000	10,000	2,000	23,000	13,000	11,000	16,000	12,000	-	-
Earnings Before Taxes	3.4%	-9,475,000	-9,804,000	-10,856,000	-13,059,000	-12,664,000	7,672,000	-35,308,000	-47,361,000	-31,974,000	-37,487,000	-28,500,000	-37,883,000	-	-
EBT Margin	1.8%	-0.17	-0.17	-0.10	-0.18	-0.27	-0.32	-0.43	-0.39	-0.35	-0.19	-0.19	-0.20	-0.20	-0.69
Net Income	3.3%	-9,485,000	-9,811,000	-10,867,000	-13,069,000	-12,683,000	7,662,000	-35,310,000	-47,384,000	-50,568,330	-37,498,000	-28,516,000	-732,339	-	-
Net Income Margin	1.8%	-0.17	-0.17	-0.10	-0.18	-0.27	-0.38	-0.48	-0.44	-0.31	-0.19	-0.19	-0.20	-0.20	-0.69
Free Cashflow	111.6%	507,000	-4,374,000	410,000	-7,521,000	-7,356,000	-24,379,000	-37,893,000	-30,855,000	-39,836,000	-28,377,000	4,936,618,000	-5,001,262,000	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2021Q1	2020Q4
Assets	-6.3%	151	161	158	166	174	203	230	403	182	404	404	353	311	270
Current Assets	-4.6%	124	130	126	134	142	167	193	1.00	141	1.00	1.00	3.00	-	228
Cash Equivalents	0.4%	86.00	86.00	81.00	82.00	81.00	104	132	74.00	78.00	109	113	1.00	-	177
Inventory	-12.0%	29.00	33.00	35.00	41.00	44.00	56.00	53.00	51.00	54.00	-	-	-	-	47.00
Net PPE	-7.9%	12.00	13.00	13.00	14.00	15.00	15.00	16.00	16.00	16.00	-	-	-	-	15.00
Liabilities	-3.1%	133	137	137	138	148	178	239	54.00	151	29.00	34.00	30.00	-	121
Current Liabilities	-7.1%	35.00	38.00	39.00	40.00	57.00	93.00	98.00	4.00	69.00	1.00	0.00	1.00	0.00	63.00
Long Term Debt	1.2%	72.00	71.00	70.00	69.00	61.00	38.00	44.00	50.00	56.00	-	-	-	-	30.00
LT Debt, Current	-	-	-	-	0.00	1.00	28.00	23.00	-	11.00	-	-	-	-	-
LT Debt, Non Current	1.2%	72.00	71.00	70.00	69.00	61.00	38.00	44.00	50.00	56.00	-	-	-	-	30.00
Shareholder's Equity	-42.4%	8.00	14.00	21.00	28.00	27.00	25.00	-	-	-456	-	5.00	5.00	0.00	-339
Retained Earnings	-1.6%	-621	-611	-601	-590	-577	-565	-572	-53.09	-490	-27.78	-33.23	-28.62	0.00	-354
Additional Paid-In Capital	0.6%	629	626	623	619	604	590	564	-	34.00	-	-	-	0.00	15.00
Accumulated Depreciation	-	17.00	-	-	-	13.00	-	-	-	11.00	-	-	-	-	6.00
Shares Outstanding	-1.3%	35.00	35.00	34.00	34.00	18.00	31.00	7.00	2.00	2.00	2.00	2.00	1.00	2.00	1.00
Float	-	-	-	44.00	-	-	-	295	-	-	-	394	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2021Q1	2020Q4	2019Q4
Cashflow From Operations	131.4%	1,109	-3,530	1,165	-6,737	-6,714	-23,409	-36,635	-29,503	-38,336	-26,954	4,938,201	-5,000,000	-	-	-
Share Based Compensation	70.1%	3,572	2,100	4,948	4,893	11,312	9,814	20,074	4,460	3,752	3,589	3,809	3,460	-	-	-
Cashflow From Investing	28.7%	-602	-844	-755	-784	-642	-970	-1,258	-1,352	-1,500	-1,423	347,155	-350,000	-	-	-
Cashflow From Financing	-104.2%	-390	9,385	-1,129	1,990	-450	-4,223	95,858	26,907	8,995	24,866	-350,580	351,429	-	-	-
Buy Backs	-	-	-	-	-	-	-	32.00	-	-	-	-	297	-	-	-

GROV Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues [Abstract]
Revenue, net	$ 259,278	$ 321,527	$ 383,685
Cost of goods sold	121,919	166,875	195,181
Gross profit	137,359	154,652	188,504
Operating expenses:
Advertising	21,292	66,269	107,313
Product development	16,401	22,503	23,408
Selling, general and administrative	134,929	206,863	186,638
Operating loss	(35,263)	(140,983)	(128,855)
Non-operating expenses:
Interest expense	16,077	9,685	5,202
Loss on extinguishment of debt	0	4,663	1,027
Changes in fair value of derivative liabilities	(216)	(71,532)	0
Other expense (income), net	(7,930)	3,862	760
Total non-operating expenses (income), net	7,931	(53,322)	6,989
Loss before provision for income taxes	(43,194)	(87,661)	(135,844)
Provision for income taxes	38	54	52
Net loss	(43,232)	(87,715)	(135,896)
Less: Accretion on redeemable convertible preferred stock	(957)	0	0
Less: Accumulated dividends on redeemable convertible preferred stock	(233)	0	0
Net loss per share attributable to common stockholders, basic	(44,422)	(87,715)	(135,896)
Net loss per share attributable to common stockholders, diluted	$ (44,422)	$ (87,715)	$ (135,896)
Net loss per share attributable to common stockholders, basic (in dollars per share)	$ (1.28)	$ (4.85)	$ (79.28)
Net loss per share attributable to common stockholders, diluted (in dollars per share)	$ (1.28)	$ (4.85)	$ (79.28)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)	34,797,582	18,101,407	1,714,230
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)	34,797,582	18,101,407	1,714,230

GROV Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 86,411	$ 81,084
Restricted cash	5,650	11,950
Inventory, net	28,776	44,132
Prepaid expenses and other current assets	3,359	4,844
Total current assets	124,196	142,010
Restricted cash	2,802	2,951
Property and equipment, net	11,625	14,530
Operating lease right-of-use assets	9,612	12,362
Other long-term assets	2,507	2,192
Total assets	150,742	174,045
Current liabilities:
Accounts payable	8,074	10,712
Accrued expenses	16,020	31,354
Deferred revenue	7,154	10,878
Operating lease liabilities, current	3,489	3,705
Other current liabilities	306	249
Debt, current	0	575
Total current liabilities	35,043	57,473
Debt, noncurrent	71,662	60,620
Operating lease liabilities, noncurrent	14,404	16,192
Derivative liabilities	11,511	13,227
Total liabilities	132,620	147,512
Commitments and contingencies (Note 7)
Redeemable convertible preferred stock, $0.0001 par value – 100,000,000 shares authorized at December 31, 2023 and December 31, 2022, respectively; 10,000 and no shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	10,000	0
Stockholders’ equity:
Common stock - Class A shares, $0.0001 par value – 600,000,000 shares authorized at December 31, 2023 and December 31, 2022; 32,183,695 and 25,123,332 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively; Class B shares, $0.0001 par value – 200,000,000 shares authorized at December 31, 2023 and December 31, 2022, respectively; 5,724,199 and 10,447,927 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	4	4
Additional paid-in capital	629,208	604,387
Accumulated deficit	(621,090)	(577,858)
Total stockholders’ equity	8,122	26,533
Total liabilities, redeemable convertible preferred stock and stockholders’ equity	$ 150,742	$ 174,045
Temporary equity, shares authorized (in shares)	100,000,000	100,000,000
Class A Common Stock
Stockholders’ equity:
Common stock, shares authorized (in shares)	600,000,000	600,000,000
Class B Common Stock
Stockholders’ equity:
Common stock, shares authorized (in shares)	200,000,000	200,000,000

About Grove Collaborative Holdings

Grove Collaborative Holdings, Inc. operates as a plastic neutral consumer products retailer in the United States. It offers household, personal care, beauty, and other consumer products through retail channels, third parties, direct-to-consumer platform, and mobile applications, as well as online store. The company is headquartered in San Francisco, California.

WEBSITE	grove.co
INDUSTRY	Household Products

Grove Collaborative Holdings Frequently Asked Questions

What is the ticker symbol for Grove Collaborative Holdings? What does GROV stand for in stocks?

GROV is the stock ticker symbol of Grove Collaborative Holdings. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Grove Collaborative Holdings (GROV)?

As of Fri Apr 26 2024, market cap of Grove Collaborative Holdings is 54.98 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GROV stock?

You can check GROV's fair value in chart for subscribers.

What is the fair value of GROV stock?

You can check GROV's fair value in chart for subscribers. The fair value of Grove Collaborative Holdings is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Grove Collaborative Holdings is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GROV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Grove Collaborative Holdings a good stock to buy?

The fair value guage provides a quick view whether GROV is over valued or under valued. Whether Grove Collaborative Holdings is cheap or expensive depends on the assumptions which impact Grove Collaborative Holdings's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GROV.

What is Grove Collaborative Holdings's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, GROV's PE ratio (Price to Earnings) is -1.27 and Price to Sales (PS) ratio is 0.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GROV PE ratio will change depending on the future growth rate expectations of investors.