Thryv HoldingsTHRY -5.32%51 Debt-to-EBITDA is 4.52 as of Mar. 2026, which is 103% above its 10-year median of 2.23. GuruFocus rates THRY with a GF Score™ of 51/100 and a GF Value™ of $11.21 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,706 Software companies, Thryv Holdings ranks worse than 71.75% 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 Thryv Holdings's Debt-to-EBITDA or its related term are showing as below:
THRY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.57 Med: 2.23 Max: 8.47
Current: 2.65
During the past 13 years, the highest Debt-to-EBITDA Ratio of Thryv Holdings was 8.47. The lowest was -2.57. And the median was 2.23.
THRY's Debt-to-EBITDA is ranked worse than 71.75% of 1706
companies
in the Software industry
Industry Median: 1.095
vs THRY: 2.65
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.
Thryv Holdings Debt-to-EBITDA Related Terms
Thryv Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Thryv 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.
THRY vs EGAN, KLTR, LMED: Debt-to-EBITDA Comparison
For the Software - Application subindustry, Thryv 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.
Thryv Holdings Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Thryv Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Thryv 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.
Thryv Holdings (THRY) has a Debt-to-EBITDA of 4.52 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 Thryv Holdings. This is 103% above median its historical median of 2.23. According to the industry distribution chart, Thryv Holdings ranks #1224 out of 1706 companies in the Software industry, placing it in the top 71.7%.
Is Thryv Holdings' Debt-to-EBITDA too high?
Thryv Holdings' current Debt-to-EBITDA of 4.52 is 103% above median its 10-year median of 2.23. The Software industry median Debt-to-EBITDA is 1.10. Thryv Holdings' value of 4.52 is 312.8% above this industry median. Based on the distribution chart, Thryv Holdings ranks #1224 out of 1706 companies in the Software industry, which is below the industry midpoint. Overall, Thryv Holdings has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thryv Holdings' Debt-to-EBITDA compare to EGAN and KLTR?
According to the Software industry distribution chart, Thryv Holdings ranks #1224 out of 1706 companies for Debt-to-EBITDA. This places Thryv Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.10. Thryv Holdings' value of 4.52 is 312.8% above this benchmark. While the company's 10-year median is 2.23 vs. the industry median of 1.10, Thryv 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.10, based on 1,706 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. Thryv Holdings's current Debt-to-EBITDA of 4.52 is 312.8% 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 Thryv Holdings. For the Software industry, the median Debt-to-EBITDA is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thryv Holdings's current Debt-to-EBITDA is 4.52, which is 103% above median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thryv Holdings stock overvalued right now?
Based on GuruFocus' analysis, Thryv Holdings (THRY) is currently considered Possible Value Trap. The stock's GF Value™ is $11.21, compared to a current price of $4.09 — trading 63.5% below its estimated fair value. The current Debt-to-EBITDA is 4.52, which is 103% above median its 10-year median of 2.23 and 312.8% above the Software industry median of 1.10. Thryv Holdings' overall GF Score™ is 51/100 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 Thryv Holdings (THRY), the current Debt-to-EBITDA is 4.52 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 Thryv Holdings (THRY) Overvalued in 2026?
Based on GuruFocus' analysis, Thryv Holdings stock appears to be undervalued.
The current stock price of $4.09 is trading 63.5% below its estimated GF Value™ of $11.21.
GuruFocus considers Thryv Holdings to be Possible Value Trap.
Key valuation signals for THRY:
Debt-to-EBITDA: 4.52 (103% above median its 10-year median of 2.23)
GF Value™: $11.21 vs. price of $4.09 (63.5% below fair value)
Industry Position: 312.8% above the Software median (#1224 of 1706)
No single metric tells the full story. See the THRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thryv Holdings Inc is dedicated to supporting local, independent service-based businesses and emerging franchises by providing a cloud-based software platform, and marketing solutions to entrepreneurs. The group are provider of SaaS all-in-one small business management software in addition to providing print and digital marketing solutions to SMBs. Its solutions enable small and medium-sized business clients to attract and generate new business leads, manage their customer relationships efficiently with artificial intelligence (AI) tools and automation. The group has two business segments; Thryv SaaS deriving maximum revenue and Thryv Marketing Services.
51GF Score
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