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THGCHIX:THGL -0.78%39 Debt-to-EBITDA is 3.39 as of Dec. 2025, which is 65% below its 10-year median of 9.66. GuruFocus rates CHIX:THGL with a GF Score™ of 39/100 and a GF Value™ of £0.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 901 Retail - Cyclical companies, THG ranks worse than 80.02% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for THG's Debt-to-EBITDA or its related term are showing as below:
CHIX:THGl'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.5 Med: 9.66 Max: 26.16
Current: 5.53
During the past 9 years, the highest Debt-to-EBITDA Ratio of THG was 26.16. The lowest was -3.50. And the median was 9.66.
CHIX:THGl's Debt-to-EBITDA is ranked worse than 80.02% of 901
companies
in the Retail - Cyclical industry
Industry Median: 2.4
vs CHIX:THGl: 5.53
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
THG Debt-to-EBITDA Related Terms
THG Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for THG's Debt-to-EBITDA 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.
CHIX:THGL vs AMZN, BABA, PDD: Debt-to-EBITDA Comparison
For the Internet Retail subindustry, THG's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
THG Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, THG's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where THG's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.
THG (CHIX:THGL) has a Debt-to-EBITDA of 3.39 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on THG. This is 65% below median its historical median of 9.66. According to the industry distribution chart, THG ranks #721 out of 901 companies in the Retail - Cyclical industry, placing it in the top 80%.
Is THG's Debt-to-EBITDA too high?
THG's current Debt-to-EBITDA of 3.39 is 65% below median its 10-year median of 9.66. The Retail - Cyclical industry median Debt-to-EBITDA is 2.40. THG's value of 3.39 is 41.3% above this industry median. Based on the distribution chart, THG ranks #721 out of 901 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, THG has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does THG's Debt-to-EBITDA compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, THG ranks #721 out of 901 companies for Debt-to-EBITDA. This places THG in the lower half of its industry. The industry median Debt-to-EBITDA is 2.40. THG's value of 3.39 is 41.3% above this benchmark. While the company's 10-year median is 9.66 vs. the industry median of 2.40, THG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.40, based on 901 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. THG's current Debt-to-EBITDA of 3.39 is 41.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on THG. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. THG's current Debt-to-EBITDA is 3.39, which is 65% below median its own 10-year median of 9.66. 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 Modestly Undervalued. The stock's GF Value™ is £0.36, compared to a current price of £0.30 — trading 15.4% below its estimated fair value. The current Debt-to-EBITDA is 3.39, which is 65% below median its 10-year median of 9.66 and 41.3% above the Retail - Cyclical industry median of 2.40. THG's overall GF Score™ is 39/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For THG (CHIX:THGL), the current Debt-to-EBITDA is 3.39 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 £0.30 is trading 15.4% below its estimated GF Value™ of £0.36.
GuruFocus considers THG to be Modestly Undervalued.
Key valuation signals for CHIX:THGL:
Debt-to-EBITDA: 3.39 (65% below median its 10-year median of 9.66)
GF Value™: £0.36 vs. price of £0.30 (15.4% below fair value)
Industry Position: 41.3% above the Retail - Cyclical median (#721 of 901)
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 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.
39GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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