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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 TH International's Debt-to-EBITDA or its related term are showing as below:
THCH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.24 Med: -2.97 Max: -1.7
Current: -5.41
During the past 7 years, the highest Debt-to-EBITDA Ratio of TH International was -1.70. The lowest was -7.24. And the median was -2.97.
THCH's Debt-to-EBITDA is ranked worse than 100% of 299
companies
in the Restaurants industry
Industry Median: 2.91
vs THCH: -5.41
TH International (NAS:THCH) Debt-to-EBITDA Explanation
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.
TH International Debt-to-EBITDA Related Terms
TH International Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for TH International'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.
THCH vs RAVE, STKS, BDL: Debt-to-EBITDA Comparison
For the Restaurants subindustry, TH International'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.
TH International Debt-to-EBITDA vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, TH International's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where TH International'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.
TH International (THCH) has a Debt-to-EBITDA of -5.81 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 TH International. According to the industry distribution chart, TH International ranks #999999 out of 299 companies in the Restaurants industry.
Is TH International's Debt-to-EBITDA too high?
TH International's current Debt-to-EBITDA is -5.81. Based on the distribution chart, TH International ranks #999999 out of 299 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, TH International has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TH International's Debt-to-EBITDA compare to RAVE and STKS?
According to the Restaurants industry distribution chart, TH International ranks #999999 out of 299 companies for Debt-to-EBITDA. This places TH International in the lower half of its industry. The industry median Debt-to-EBITDA is 2.91. 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 Restaurants company?
The median Debt-to-EBITDA among Restaurants companies is 2.91, based on 299 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 TH International. For the Restaurants industry, the median Debt-to-EBITDA is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TH International's current Debt-to-EBITDA is -5.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TH International stock overvalued right now?
Based on GuruFocus' analysis, TH International (THCH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.93, compared to a current price of $1.70 — trading 42% below its estimated fair value. The current Debt-to-EBITDA is -5.81. TH International's overall GF Score™ is 52/100 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 TH International (THCH), the current Debt-to-EBITDA is -5.81 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 TH International (THCH) Overvalued in 2026?
Based on GuruFocus' analysis, TH International stock appears to be undervalued.
The current stock price of $1.70 is trading 42% below its estimated GF Value™ of $2.93.
GuruFocus considers TH International to be Possible Value Trap.
Key valuation signals for THCH:
Debt-to-EBITDA: -5.81
GF Value™: $2.93 vs. price of $1.70 (42% below fair value)
No single metric tells the full story. See the THCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TH International Ltd is the exclusive master franchisee in China for Tim Hortons, a world-wide coffee and bakery shop brand. Through the Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. The Company operated under a single reportable segment, Tim Hortons. The company's revenue is derived from sales of food, beverages, and packaged products by company-owned and operated stores, franchise fees, and revenue from other franchise support activities. Its geographic revenue is derived from operations in the PRC.
52GF 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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