Tile Shop Holdings (FRA:2TS0) Debt-to-EBITDA : -99.21 (As of Dec. 2025)

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FRA:2TS0 Tile Shop Holdings Inc FRA:2TS0
47 GF Score
Price €2.93
GF Value €5.89
! 5 Warning Signs
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What is Tile Shop Holdings Debt-to-EBITDA?

Tile Shop Holdings FRA:2TS0 47 Debt-to-EBITDA is -99.21 as of Dec. 2025. GuruFocus rates FRA:2TS0 with a GF Score™ of 47/100 and a GF Value™ of €5.89. The stock has 5 warning signs investors should review. Among 903 Retail - Cyclical companies, Tile Shop Holdings ranks worse than 95.35% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Tile Shop Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €25.5 Mil. Tile Shop Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was €111.0 Mil. Tile Shop Holdings's annualized EBITDA for the quarter that ended in Dec. 2025 was €-1.4 Mil. Tile Shop Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was -99.21.

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 Tile Shop Holdings's Debt-to-EBITDA or its related term are showing as below:

FRA:2TS0' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.52   Med: 3.72   Max: 15.73
Current: 15.73

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tile Shop Holdings was 15.73. The lowest was 0.52. And the median was 3.72.

FRA:2TS0's Debt-to-EBITDA is ranked worse than
95.35% of 903 companies
in the Retail - Cyclical industry
Industry Median: 2.36 vs FRA:2TS0: 15.73

Tile Shop Holdings  (FRA:2TS0) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Tile Shop Holdings Debt-to-EBITDA Related Terms


Tile Shop Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tile Shop Holdings'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.

Tile Shop Holdings Debt-to-EBITDA Chart

Tile Shop Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 3.70 3.74 6.70 15.73

Tile Shop Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Debt-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.54 8.38 7.65 19.46 -99.21

FRA:2TS0 vs LIVE, HVT, HD: Debt-to-EBITDA Comparison

For the Home Improvement Retail subindustry, Tile Shop Holdings'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.


Tile Shop Holdings Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tile Shop Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tile Shop Holdings's Debt-to-EBITDA falls into.


FRA:2TS0
47GF Score
Tile Shop Holdings Inc FRA:2TS0
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tile Shop Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Tile Shop Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(25.519 + 110.988) / 8.676
=15.73

Tile Shop Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(25.519 + 110.988) / -1.376
=-99.21

* 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 four times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -99.21 mean?
Tile Shop Holdings (FRA:2TS0) has a Debt-to-EBITDA of -99.21 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 Tile Shop Holdings. Over the past decade, Tile Shop Holdings' Debt-to-EBITDA has ranged from 0.52 to 15.73. According to the industry distribution chart, Tile Shop Holdings ranks #861 out of 903 companies in the Retail - Cyclical industry, placing it in the top 95.3%.
Is Tile Shop Holdings' Debt-to-EBITDA too high?
Tile Shop Holdings' current Debt-to-EBITDA is -99.21. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 15.73. Based on the distribution chart, Tile Shop Holdings ranks #861 out of 903 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Tile Shop Holdings has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Tile Shop Holdings' Debt-to-EBITDA compare to LIVE and HVT?
According to the Retail - Cyclical industry distribution chart, Tile Shop Holdings ranks #861 out of 903 companies for Debt-to-EBITDA. This places Tile Shop Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.36. Historically, Tile Shop Holdings' own Debt-to-EBITDA has ranged from 0.52 to 15.73 over the past decade. 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 2.36, based on 903 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. 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 Tile Shop Holdings. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tile Shop Holdings's current Debt-to-EBITDA is -99.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tile Shop Holdings stock overvalued right now?
Tile Shop Holdings (FRA:2TS0) has a current Debt-to-EBITDA of -99.21. The stock's GF Value™ is €5.89, compared to a current price of €2.93 — trading 50.3% below its estimated fair value. The current Debt-to-EBITDA is -99.21. Tile Shop Holdings' overall GF Score™ is 47/100 with 5 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 Tile Shop Holdings (FRA:2TS0), the current Debt-to-EBITDA is -99.21 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 Tile Shop Holdings (FRA:2TS0) Overvalued in 2026?

Based on GuruFocus' analysis, Tile Shop Holdings stock appears to be undervalued. The current stock price of €2.93 is trading 50.3% below its estimated GF Value™ of €5.89.

Key valuation signals for FRA:2TS0:

  • Debt-to-EBITDA: -99.21
  • GF Value™: €5.89 vs. price of €2.93 (50.3% below fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the FRA:2TS0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tile Shop Holdings Business Description

Other Exchanges TTSH:USA
Address 14000 Carlson Parkway, Plymouth, MN, USA, 55441
Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It manufactures its setting and maintenance materials, such as thinset, grout, and sealers. The company's primary market is retail sales to consumers, contractors, designers and home builders. Natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile. The company earns majority of their revenue in the United States.
47GF Score

Get the complete analysis for FRA:2TS0

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

€2.93
Price
€5.89
GF Value