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 Sportsman's Warehouse Holdings's Debt-to-EBITDA or its related term are showing as below:
SPWH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.8 Med: 3.69 Max: 256.2
Current: 248.37
During the past 13 years, the highest Debt-to-EBITDA Ratio of Sportsman's Warehouse Holdings was 256.20. The lowest was 1.80. And the median was 3.69.
SPWH's Debt-to-EBITDA is ranked worse than 99.44% of 895
companies
in the Retail - Cyclical industry
Industry Median: 2.39
vs SPWH: 248.37
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.
Sportsman's Warehouse Holdings Debt-to-EBITDA Related Terms
Sportsman's Warehouse Holdings Debt-to-EBITDA Historical Data
* 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.
SPWH vs NPT, ABLV, PTLE: Debt-to-EBITDA Comparison
For the Specialty Retail subindustry, Sportsman's Warehouse 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.
Sportsman's Warehouse Holdings Debt-to-EBITDA vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sportsman's Warehouse Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Sportsman's Warehouse 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 (Apr. 2026) EBITDA data.
Sportsman's Warehouse Holdings (SPWH) has a Debt-to-EBITDA of -12.65 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Sportsman's Warehouse Holdings. Over the past decade, Sportsman's Warehouse Holdings' Debt-to-EBITDA has ranged from 1.80 to 256.20. According to the industry distribution chart, Sportsman's Warehouse Holdings ranks #890 out of 895 companies in the Retail - Cyclical industry, placing it in the top 99.4%.
Is Sportsman's Warehouse Holdings' Debt-to-EBITDA too high?
Sportsman's Warehouse Holdings' current Debt-to-EBITDA is -12.65. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 256.20. Based on the distribution chart, Sportsman's Warehouse Holdings ranks #890 out of 895 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Sportsman's Warehouse Holdings has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sportsman's Warehouse Holdings' Debt-to-EBITDA compare to NPT and ABLV?
According to the Retail - Cyclical industry distribution chart, Sportsman's Warehouse Holdings ranks #890 out of 895 companies for Debt-to-EBITDA. This places Sportsman's Warehouse Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.39. Historically, Sportsman's Warehouse Holdings' own Debt-to-EBITDA has ranged from 1.80 to 256.20 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 2.39, based on 895 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 Sportsman's Warehouse 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. Sportsman's Warehouse Holdings's current Debt-to-EBITDA is -12.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportsman's Warehouse Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings (SPWH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.64, compared to a current price of $1.21 — trading 54.2% below its estimated fair value. The current Debt-to-EBITDA is -12.65. Sportsman's Warehouse Holdings' overall GF Score™ is 45/100 with 7 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 Sportsman's Warehouse Holdings (SPWH), the current Debt-to-EBITDA is -12.65 as of Apr. 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 Sportsman's Warehouse Holdings (SPWH) Overvalued in 2026?
Based on GuruFocus' analysis, Sportsman's Warehouse Holdings stock appears to be undervalued.
The current stock price of $1.21 is trading 54.2% below its estimated GF Value™ of $2.64.
GuruFocus considers Sportsman's Warehouse Holdings to be Possible Value Trap.
Key valuation signals for SPWH:
Debt-to-EBITDA: -12.65
GF Value™: $2.64 vs. price of $1.21 (54.2% below fair value)
No single metric tells the full story. See the SPWH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sportsman's Warehouse Holdings Business Description
Sportsman's Warehouse Holdings Inc together with its subsidiaries operates as an outdoor sporting goods retailer. It provides a one-stop shopping experience that equips customers with the right quality, brand name hunting, shooting, fishing, and camping gear to maximize enjoyment of the outdoors. The company offers products in the categories of Camping, Apparel, Fishing, Footwear, Hunting and shooting, and Optics, Electronics, Accessories, and Other products. It provides products such as Backpacks, Jackets, Camp essentials, Hiking boots, GPS devices, ATV accessories and Fishing rods, among others. The company also offers an e-commerce experience, extensive in-store events and educational programming.
45GF Score
Get the complete analysis for SPWH
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