TPB (Turning Point Brands) Debt-to-EBITDA : 3.77 (As of Jun. 2026) — 18% Below Median

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TPB Turning Point Brands Inc TPB
88 GF Score
Price $86.74
GF Value $87.20
Valuation Fairly Valued
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What is Turning Point Brands Debt-to-EBITDA?

Turning Point Brands TPB -1.72% 88 Debt-to-EBITDA is 3.77 as of Jun. 2026, which is 18% below its 10-year median of 4.60. GuruFocus rates TPB with a GF Score™ of 88/100 and a GF Value™ of $87.20 (Fairly Valued). Among 34 Tobacco Products companies, Turning Point Brands ranks worse than 76.47% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Turning Point Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $5.6 Mil. Turning Point Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $305.1 Mil. Turning Point Brands's annualized EBITDA for the quarter that ended in Jun. 2026 was $82.4 Mil. Turning Point Brands's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 3.77.

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 Turning Point Brands's Debt-to-EBITDA or its related term are showing as below:

TPB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.67   Med: 4.6   Max: 7.91
Current: 3.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of Turning Point Brands was 7.91. The lowest was 2.67. And the median was 4.60.

TPB's Debt-to-EBITDA is ranked worse than
76.47% of 34 companies
in the Tobacco Products industry
Industry Median: 1.345 vs TPB: 3.13

Turning Point Brands  (NYSE:TPB) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Turning Point Brands Debt-to-EBITDA Related Terms


Turning Point Brands Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Turning Point Brands'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.

Turning Point Brands Debt-to-EBITDA Chart

Turning Point Brands Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.74 6.47 4.33 2.93 2.67

Turning Point Brands Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.70 1.96 3.51 4.40 3.77

TPB vs UVV, AIIR, ISPR: Debt-to-EBITDA Comparison

For the Tobacco subindustry, Turning Point Brands'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.


Turning Point Brands Debt-to-EBITDA vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Turning Point Brands's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Turning Point Brands's Debt-to-EBITDA falls into.


TPB
88GF Score
Turning Point Brands Inc TPB
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turning Point Brands Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Turning Point Brands's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.641 + 304.333) / 115.945
=2.66

Turning Point Brands's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.564 + 305.105) / 82.444
=3.77

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.77 mean?
Turning Point Brands (TPB) has a Debt-to-EBITDA of 3.77 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Turning Point Brands. This is 18% below median its historical median of 4.60. Over the past decade, Turning Point Brands' Debt-to-EBITDA has ranged from 2.67 to 7.91. According to the industry distribution chart, Turning Point Brands ranks #26 out of 34 companies in the Tobacco Products industry, placing it in the top 76.5%.
Is Turning Point Brands' Debt-to-EBITDA too high?
Turning Point Brands' current Debt-to-EBITDA of 3.77 is 18% below median its 10-year median of 4.60. Over the past 10 years, this metric has ranged from a low of 2.67 to a high of 7.91. The Tobacco Products industry median Debt-to-EBITDA is 1.35. Turning Point Brands' value of 3.77 is 180.3% above this industry median. Based on the distribution chart, Turning Point Brands ranks #26 out of 34 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers. Overall, Turning Point Brands has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turning Point Brands' Debt-to-EBITDA compare to UVV and AIIR?
According to the Tobacco Products industry distribution chart, Turning Point Brands ranks #26 out of 34 companies for Debt-to-EBITDA. This places Turning Point Brands in the lower half of its industry. The industry median Debt-to-EBITDA is 1.35. Turning Point Brands' value of 3.77 is 180.3% above this benchmark. Historically, Turning Point Brands' own Debt-to-EBITDA has ranged from 2.67 to 7.91 over the past decade. While the company's 10-year median is 4.60 vs. the industry median of 1.35, Turning Point Brands 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 Tobacco Products company?
The median Debt-to-EBITDA among Tobacco Products companies is 1.35, based on 34 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. Turning Point Brands's current Debt-to-EBITDA of 3.77 is 180.3% 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 Turning Point Brands. For the Tobacco Products industry, the median Debt-to-EBITDA is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turning Point Brands's current Debt-to-EBITDA is 3.77, which is 18% below median its own 10-year median of 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turning Point Brands stock overvalued right now?
Based on GuruFocus' analysis, Turning Point Brands (TPB) is currently considered Fairly Valued. The stock's GF Value™ is $87.20, compared to a current price of $86.74 — trading 0.5% below its estimated fair value. The current Debt-to-EBITDA is 3.77, which is 18% below median its 10-year median of 4.60 and 180.3% above the Tobacco Products industry median of 1.35. Turning Point Brands' overall GF Score™ is 88/100. 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 Turning Point Brands (TPB), the current Debt-to-EBITDA is 3.77 as of Jun. 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 Turning Point Brands (TPB) Overvalued in 2026?

Based on GuruFocus' analysis, Turning Point Brands stock appears to be undervalued. The current stock price of $86.74 is trading 0.5% below its estimated GF Value™ of $87.20. GuruFocus considers Turning Point Brands to be Fairly Valued.

Key valuation signals for TPB:

  • Debt-to-EBITDA: 3.77 (18% below median its 10-year median of 4.60)
  • GF Value™: $87.20 vs. price of $86.74 (0.5% below fair value)
  • GF Score™: 88/100
  • Industry Position: 180.3% above the Tobacco Products median (#26 of 34)

No single metric tells the full story. See the TPB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Turning Point Brands Business Description

Other Exchanges 0T5:Germany
Address 5201 Interchange Way, Louisville, KY, USA, 40229
Turning Point Brands Inc operates as a manufacturer, marketer, and provider of consumer products that include Other Tobacco Products (OTP) in the U.S. The company offers a wide variety across the OTP spectrum, including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in two segments, namely Zig-Zag products and Stoker's products segment. The company generates maximum revenue from the Zig-Zag products segment.
88GF Score

Get the complete analysis for TPB

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$86.74
Price
$87.20
GF Value