SPWH (Sportsman's Warehouse Holdings) EV-to-EBIT: -14.69 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SPWH Sportsman's Warehouse Holdings Inc SPWH
45 GF Score
Price $1.19
GF Value $2.64
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Sportsman's Warehouse Holdings EV-to-EBIT?

Sportsman's Warehouse Holdings SPWH -0.83% 45 EV-to-EBIT is -14.69 as of Jul. 14, 2026. GuruFocus rates SPWH with a GF Score™ of 45/100 and a GF Value™ of $2.64 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 868 Retail - Cyclical companies, Sportsman's Warehouse Holdings ranks worse than 115207.26% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Sportsman's Warehouse Holdings's Enterprise Value is $528 Mil. Sportsman's Warehouse Holdings's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $-36 Mil. Therefore, Sportsman's Warehouse Holdings's EV-to-EBIT for today is -14.69.

The historical rank and industry rank for Sportsman's Warehouse Holdings's EV-to-EBIT or its related term are showing as below:

SPWH' s EV-to-EBIT Range Over the Past 10 Years
Min: -532.96   Med: 8.01   Max: 55.57
Current: -14.69

During the past 13 years, the highest EV-to-EBIT of Sportsman's Warehouse Holdings was 55.57. The lowest was -532.96. And the median was 8.01.

SPWH's EV-to-EBIT is ranked worse than
100% of 868 companies
in the Retail - Cyclical industry
Industry Median: 13.415 vs SPWH: -14.69

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Sportsman's Warehouse Holdings's Enterprise Value for the quarter that ended in Apr. 2026 was $536 Mil. Sportsman's Warehouse Holdings's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $-36 Mil. Sportsman's Warehouse Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -6.70%.


Sportsman's Warehouse Holdings  (NAS:SPWH) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Sportsman's Warehouse Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2026 ) =EBIT / Enterprise Value (Q: Apr. 2026 )
=-35.928/535.97088
=-6.70 %

Sportsman's Warehouse Holdings's Enterprise Value for the quarter that ended in Apr. 2026 was $536 Mil.
Sportsman's Warehouse Holdings's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-36 Mil.

* 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.


Sportsman's Warehouse Holdings EV-to-EBIT Related Terms


Sportsman's Warehouse Holdings EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Sportsman's Warehouse Holdings's EV-to-EBIT 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.

Sportsman's Warehouse Holdings EV-to-EBIT Chart

Sportsman's Warehouse Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.27 12.83 -24.59 -28.12 -12.76

Sportsman's Warehouse Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-EBIT 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 -33.01 -41.68 -40.86 -12.76 -14.92

SPWH vs NPT, ABLV, PTLE: EV-to-EBIT Comparison

For the Specialty Retail subindustry, Sportsman's Warehouse Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sportsman's Warehouse Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sportsman's Warehouse Holdings's EV-to-EBIT falls into.


SPWH
45GF Score
Sportsman's Warehouse Holdings Inc SPWH
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sportsman's Warehouse Holdings EV-to-EBIT Calculation

Sportsman's Warehouse Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=527.852/-35.928
=-14.69

Sportsman's Warehouse Holdings's current Enterprise Value is $528 Mil.
Sportsman's Warehouse Holdings's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-36 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -14.69 mean?
Sportsman's Warehouse Holdings (SPWH) has a EV-to-EBIT of -14.69 as of Jul. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Sportsman's Warehouse Holdings and its competitors. According to the industry distribution chart, Sportsman's Warehouse Holdings ranks #999999 out of 868 companies in the Retail - Cyclical industry.
Is Sportsman's Warehouse Holdings' EV-to-EBIT too high?
Sportsman's Warehouse Holdings' current EV-to-EBIT is -14.69. Based on the distribution chart, Sportsman's Warehouse Holdings ranks #999999 out of 868 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' EV-to-EBIT compare to NPT and ABLV?
According to the Retail - Cyclical industry distribution chart, Sportsman's Warehouse Holdings ranks #999999 out of 868 companies for EV-to-EBIT. This places Sportsman's Warehouse Holdings in the lower half of its industry. The industry median EV-to-EBIT is 13.42. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Retail - Cyclical company?
The median EV-to-EBIT among Retail - Cyclical companies is 13.42, based on 868 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Sportsman's Warehouse Holdings and its competitors. For the Retail - Cyclical industry, the median EV-to-EBIT is 13.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sportsman's Warehouse Holdings's current EV-to-EBIT is -14.69. 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 $1.19 — trading 54.8% below its estimated fair value. The current EV-to-EBIT is -14.69. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Sportsman's Warehouse Holdings (SPWH), the current EV-to-EBIT is -14.69 as of Jul. 14, 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 $1.19 is trading 54.8% below its estimated GF Value™ of $2.64. GuruFocus considers Sportsman's Warehouse Holdings to be Possible Value Trap.

Key valuation signals for SPWH:

  • EV-to-EBIT: -14.69
  • GF Value™: $2.64 vs. price of $1.19 (54.8% below fair value)
  • GF Score™: 45/100 with 7 warning signs

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

Other Exchanges 0A8T:UK06S:Germany
Address 1475 West 9000 South, Suite A, West Jordan, UT, USA, 84088
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

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

$1.19
Price
$2.64
GF Value