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Target HospitalityTH -1.56%66 Debt-to-EBITDA is 1.92 as of Mar. 2026, which is 16% above its 10-year median of 1.65. GuruFocus rates TH with a GF Score™ of 66/100 and a GF Value™ of $7.52 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 838 Business Services companies, Target Hospitality ranks better than 53.1% 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 Target Hospitality's Debt-to-EBITDA or its related term are showing as below:
TH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.28 Med: 1.65 Max: 5.56
Current: 1.44
During the past 9 years, the highest Debt-to-EBITDA Ratio of Target Hospitality was 5.56. The lowest was 0.28. And the median was 1.65.
TH's Debt-to-EBITDA is ranked better than 53.1% of 838
companies
in the Business Services industry
Industry Median: 1.61
vs TH: 1.44
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.
Target Hospitality Debt-to-EBITDA Related Terms
Target Hospitality Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Target Hospitality'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 Business Services subindustry, Target Hospitality'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.
Target Hospitality Debt-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Target Hospitality's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Target Hospitality'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.
Target Hospitality (TH) has a Debt-to-EBITDA of 1.92 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 Target Hospitality. This is 16% above median its historical median of 1.65. Over the past decade, Target Hospitality's Debt-to-EBITDA has ranged from 0.28 to 5.56. According to the industry distribution chart, Target Hospitality ranks #393 out of 838 companies in the Business Services industry, placing it in the top 46.9%.
Is Target Hospitality's Debt-to-EBITDA too high?
Target Hospitality's current Debt-to-EBITDA of 1.92 is 16% above median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 5.56. The Business Services industry median Debt-to-EBITDA is 1.61. Target Hospitality's value of 1.92 is 19.3% above this industry median. Based on the distribution chart, Target Hospitality ranks #393 out of 838 companies in the Business Services industry, which is above the industry midpoint. Overall, Target Hospitality has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Target Hospitality's Debt-to-EBITDA compare to TIC and CMPR?
According to the Business Services industry distribution chart, Target Hospitality ranks #393 out of 838 companies for Debt-to-EBITDA. This puts Target Hospitality in the upper half of its industry. The industry median Debt-to-EBITDA is 1.61. Target Hospitality's value of 1.92 is 19.3% above this benchmark. Historically, Target Hospitality's own Debt-to-EBITDA has ranged from 0.28 to 5.56 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 1.61, Target Hospitality 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 Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.61, based on 838 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. Target Hospitality's current Debt-to-EBITDA of 1.92 is 19.3% 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 Target Hospitality. For the Business Services industry, the median Debt-to-EBITDA is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Target Hospitality's current Debt-to-EBITDA is 1.92, which is 16% above median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Target Hospitality stock overvalued right now?
Based on GuruFocus' analysis, Target Hospitality (TH) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.52, compared to a current price of $17.05 — trading 126.7% above its estimated fair value. The current Debt-to-EBITDA is 1.92, which is 16% above median its 10-year median of 1.65 and 19.3% above the Business Services industry median of 1.61. Target Hospitality's overall GF Score™ is 66/100 with 2 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 Target Hospitality (TH), the current Debt-to-EBITDA is 1.92 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 Target Hospitality (TH) Overvalued in 2026?
Based on GuruFocus' analysis, Target Hospitality stock appears to be overvalued.
The current stock price of $17.05 is trading 126.7% above its estimated GF Value™ of $7.52.
GuruFocus considers Target Hospitality to be Significantly Overvalued.
Key valuation signals for TH:
Debt-to-EBITDA: 1.92 (16% above median its 10-year median of 1.65)
GF Value™: $7.52 vs. price of $17.05 (126.7% above fair value)
Industry Position: 19.3% above the Business Services median (#393 of 838)
No single metric tells the full story. See the TH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services, including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. The company has three reportable segments: HFS - South, which provides specialty rental and hospitality services to the natural resources and development industry; WHS, which provides construction and hospitality solutions for critical mineral and data center projects; and Government, which provides specialty rental and hospitality services under government contracts.
66GF Score
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