THG (CHIX:THGL) Accumulated Depreciation: £-113 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:THGL THG PLC CHIX:THGL
41 GF Score
Price £0.34
GF Value £0.36
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is THG Accumulated Depreciation?

THG CHIX:THGL +0.83% 41 Accumulated Depreciation is £-113 Mil as of Dec. 2025. GuruFocus rates CHIX:THGL with a GF Score™ of 41/100 and a GF Value™ of £0.36 (Fairly Valued). The stock has 3 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

THG's quarterly accumulated depreciation declined from Dec. 2024 (£-104 Mil) to Jun. 2025 (£0 Mil) but then increased from Jun. 2025 (£0 Mil) to Dec. 2025 (£-113 Mil).

THG's annual accumulated depreciation declined from Dec. 2023 (£-232 Mil) to Dec. 2024 (£-104 Mil) but then increased from Dec. 2024 (£-104 Mil) to Dec. 2025 (£-113 Mil).


THG Accumulated Depreciation Related Terms


THG Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for THG's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

THG Accumulated Depreciation Chart

THG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only -124.09 -169.21 -231.68 -103.78 -113.49

THG Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -231.68 0.00 -103.78 0.00 -113.49
CHIX:THGL
41GF Score
THG PLC CHIX:THGL
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

THG Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of £-113 Mil mean?
THG (CHIX:THGL) has a Accumulated Depreciation of £-113 Mil as of Dec. 2025. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on THG and its competitors.
Is THG's Accumulated Depreciation too high?
THG's current Accumulated Depreciation is £-113 Mil. Overall, THG has a GF Score™ of 41/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does THG's Accumulated Depreciation compare to AMZN and BABA?
THG's Accumulated Depreciation of £-113 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Retail - Cyclical company?
A good Accumulated Depreciation depends on the Retail - Cyclical industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on THG and its competitors. THG's current Accumulated Depreciation is £-113 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THG stock overvalued right now?
Based on GuruFocus' analysis, THG (CHIX:THGL) is currently considered Fairly Valued. The stock's GF Value™ is £0.36, compared to a current price of £0.34 — trading 5.7% below its estimated fair value. The current Accumulated Depreciation is £-113 Mil. THG's overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For THG (CHIX:THGL), the current Accumulated Depreciation is £-113 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is THG (CHIX:THGL) Overvalued in 2026?

Based on GuruFocus' analysis, THG stock appears to be undervalued. The current stock price of £0.34 is trading 5.7% below its estimated GF Value™ of £0.36. GuruFocus considers THG to be Fairly Valued.

Key valuation signals for CHIX:THGL:

  • Accumulated Depreciation: £-113 Mil
  • GF Value™: £0.36 vs. price of £0.34 (5.7% below fair value)
  • GF Score™: 41/100 with 3 warning signs

No single metric tells the full story. See the CHIX:THGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


THG Business Description

Other Exchanges THG:UKHG0:Germany
Address Icon 1 7-9, Sunbank Lane, Ringway, Altrincham, GBR, WA15 0AF
THG PLC is a UK-based retailer and brand owner headquartered in Manchester, operating as a digital-first, vertically integrated consumer group across two core businesses. The Group follows a UK D2C model and is expanding into high-growth international markets and selective physical retail. Its operations comprise two segments: THG Beauty, the segment generating maximum revenue, is a digital-first brand owner, retailer and manufacturer in prestige beauty, with own brands in skincare, haircare and cosmetics and platforms such as Lookfantastic, Dermstore and Cult Beauty, and THG Nutrition, which includes the online sports nutrition brand Myprotein along with Myvegan, Myvitamins, MP Activewear and MPRO, supported by production facilities. The Group generates maximum revenue from the UK.
41GF Score

Get the complete analysis for CHIX:THGL

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.34
Price
£0.36
GF Value