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Sally Beauty HoldingsSBH -2.48%75 Debt-to-EBITDA is 3.90 as of Mar. 2026, which is 6% above its 10-year median of 3.69. GuruFocus rates SBH with a GF Score™ of 75/100 and a GF Value™ of $12.86 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 905 Retail - Cyclical companies, Sally Beauty Holdings ranks worse than 69.39% 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 Sally Beauty Holdings's Debt-to-EBITDA or its related term are showing as below:
SBH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.82 Med: 3.69 Max: 6.41
Current: 3.75
During the past 13 years, the highest Debt-to-EBITDA Ratio of Sally Beauty Holdings was 6.41. The lowest was 2.82. And the median was 3.69.
SBH's Debt-to-EBITDA is ranked worse than 69.39% of 905
companies
in the Retail - Cyclical industry
Industry Median: 2.39
vs SBH: 3.75
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.
Sally Beauty Holdings Debt-to-EBITDA Related Terms
Sally Beauty Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Sally Beauty 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.
For the Specialty Retail subindustry, Sally Beauty 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.
Sally Beauty Holdings Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sally Beauty Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Sally Beauty Holdings'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 four times the quarterly (Mar. 2026) EBITDA data.
Sally Beauty Holdings (SBH) has a Debt-to-EBITDA of 3.90 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Sally Beauty Holdings. This is near median its historical median of 3.69. Over the past decade, Sally Beauty Holdings' Debt-to-EBITDA has ranged from 2.82 to 6.41. According to the industry distribution chart, Sally Beauty Holdings ranks #628 out of 905 companies in the Retail - Cyclical industry, placing it in the top 69.4%.
Is Sally Beauty Holdings' Debt-to-EBITDA too high?
Sally Beauty Holdings' current Debt-to-EBITDA of 3.90 is near median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 6.41. The Retail - Cyclical industry median Debt-to-EBITDA is 2.39. Sally Beauty Holdings' value of 3.90 is 63.2% above this industry median. Based on the distribution chart, Sally Beauty Holdings ranks #628 out of 905 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Sally Beauty Holdings has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sally Beauty Holdings' Debt-to-EBITDA compare to OLPX and SVV?
According to the Retail - Cyclical industry distribution chart, Sally Beauty Holdings ranks #628 out of 905 companies for Debt-to-EBITDA. This places Sally Beauty Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.39. Sally Beauty Holdings' value of 3.90 is 63.2% above this benchmark. Historically, Sally Beauty Holdings' own Debt-to-EBITDA has ranged from 2.82 to 6.41 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 2.39, Sally Beauty Holdings 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 2.39, based on 905 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. Sally Beauty Holdings's current Debt-to-EBITDA of 3.90 is 63.2% 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 Sally Beauty Holdings. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sally Beauty Holdings's current Debt-to-EBITDA is 3.90, which is near median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sally Beauty Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sally Beauty Holdings (SBH) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.86, compared to a current price of $14.97 — trading 16.4% above its estimated fair value. The current Debt-to-EBITDA is 3.90, which is near median its 10-year median of 3.69 and 63.2% above the Retail - Cyclical industry median of 2.39. Sally Beauty Holdings' overall GF Score™ is 75/100 with 4 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 Sally Beauty Holdings (SBH), the current Debt-to-EBITDA is 3.90 as of Mar. 2026. 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 Sally Beauty Holdings (SBH) Overvalued in 2026?
Based on GuruFocus' analysis, Sally Beauty Holdings stock appears to be overvalued.
The current stock price of $14.97 is trading 16.4% above its estimated GF Value™ of $12.86.
GuruFocus considers Sally Beauty Holdings to be Modestly Overvalued.
Key valuation signals for SBH:
Debt-to-EBITDA: 3.90 (near median its 10-year median of 3.69)
GF Value™: $12.86 vs. price of $14.97 (16.4% above fair value)
Industry Position: 63.2% above the Retail - Cyclical median (#628 of 905)
No single metric tells the full story. See the SBH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sally Beauty Holdings Inc is a professional beauty-products retailer based in the United States. The company operates throughout the United States, Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Mexico, Peru, France, Ireland, Spain, Germany, Netherlands, and other geographical regions. The company operates through two business segments: Sally Beauty Supply and Beauty Systems Group. The products offered by the company include hair color and care, hair dryers and hair-styling appliances, nail care, skin care, and others.
75GF Score
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