Tourism Holdings (ASX:THL) EV-to-EBITDA: 11.63 (As of Jul. 20, 2026) — 38% Above Median

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ASX:THL Tourism Holdings Ltd ASX:THL
69 GF Score
Price A$2.38
GF Value A$1.82
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Tourism Holdings EV-to-EBITDA?

Tourism Holdings ASX:THL +2.15% 69 EV-to-EBITDA is 11.63 as of Jul. 20, 2026, which is 38% above its 10-year median of 8.40. GuruFocus rates ASX:THL with a GF Score™ of 69/100 and a GF Value™ of A$1.82 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,146 Vehicles & Parts companies, Tourism Holdings ranks worse than 63.09% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tourism Holdings's enterprise value is A$1,655.7 Mil. Tourism Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$142.4 Mil. Therefore, Tourism Holdings's EV-to-EBITDA for today is 11.63.

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

ASX:THL' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.32   Med: 8.4   Max: 12.58
Current: 12.55

During the past 3 years, the highest EV-to-EBITDA of Tourism Holdings was 12.58. The lowest was 7.32. And the median was 8.40.

ASX:THL's EV-to-EBITDA is ranked worse than
63.09% of 1146 companies
in the Vehicles & Parts industry
Industry Median: 9.39 vs ASX:THL: 12.55

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-20), Tourism Holdings's stock price is A$2.38. Tourism Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.098. Therefore, Tourism Holdings's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Tourism Holdings  (ASX:THL) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Tourism Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.38/-0.098
=At Loss

Tourism Holdings's share price for today is A$2.38.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tourism Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.098.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Tourism Holdings EV-to-EBITDA Related Terms


Tourism Holdings EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tourism Holdings's EV-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.

Tourism Holdings EV-to-EBITDA Chart

Tourism Holdings Annual Data
Trend Jun23 Jun24 Jun25
EV-to-EBITDA
10.62 7.86 8.26

Tourism Holdings Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBITDA Get a 7-Day Free Trial 0.00 7.86 0.00 8.26 0.00

ASX:THL vs BC, PII, THO: EV-to-EBITDA Comparison

For the Recreational Vehicles subindustry, Tourism Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-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.


Tourism Holdings EV-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tourism Holdings's EV-to-EBITDA falls into.


ASX:THL
69GF Score
Tourism Holdings Ltd ASX:THL
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tourism Holdings EV-to-EBITDA Calculation

Tourism Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1655.673/142.41
=11.63

Tourism Holdings's current Enterprise Value is A$1,655.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tourism Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$142.4 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-EBITDA →
What does a EV-to-EBITDA of 11.63 mean?
Tourism Holdings (ASX:THL) has a EV-to-EBITDA of 11.63 as of Jul. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tourism Holdings. This is 38% above median its historical median of 8.40. Over the past decade, Tourism Holdings' EV-to-EBITDA has ranged from 7.32 to 12.58. According to the industry distribution chart, Tourism Holdings ranks #723 out of 1146 companies in the Vehicles & Parts industry, placing it in the top 63.1%.
Is Tourism Holdings' EV-to-EBITDA too high?
Tourism Holdings' current EV-to-EBITDA of 11.63 is 38% above median its 10-year median of 8.40. Over the past 10 years, this metric has ranged from a low of 7.32 to a high of 12.58. The Vehicles & Parts industry median EV-to-EBITDA is 9.39. Tourism Holdings' value of 11.63 is 23.9% above this industry median. Based on the distribution chart, Tourism Holdings ranks #723 out of 1146 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tourism Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Holdings' EV-to-EBITDA compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Tourism Holdings ranks #723 out of 1146 companies for EV-to-EBITDA. This places Tourism Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 9.39. Tourism Holdings' value of 11.63 is 23.9% above this benchmark. Historically, Tourism Holdings' own EV-to-EBITDA has ranged from 7.32 to 12.58 over the past decade. While the company's 10-year median is 8.40 vs. the industry median of 9.39, Tourism 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 EV-to-EBITDA for a Vehicles & Parts company?
The median EV-to-EBITDA among Vehicles & Parts companies is 9.39, based on 1,146 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tourism Holdings's current EV-to-EBITDA of 11.63 is 23.9% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tourism Holdings. For the Vehicles & Parts industry, the median EV-to-EBITDA is 9.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourism Holdings's current EV-to-EBITDA is 11.63, which is 38% above median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourism Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tourism Holdings (ASX:THL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.82, compared to a current price of A$2.38 — trading 30.8% above its estimated fair value. The current EV-to-EBITDA is 11.63, which is 38% above median its 10-year median of 8.40 and 23.9% above the Vehicles & Parts industry median of 9.39. Tourism Holdings' overall GF Score™ is 69/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Tourism Holdings (ASX:THL), the current EV-to-EBITDA is 11.63 as of Jul. 20, 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 Tourism Holdings (ASX:THL) Overvalued in 2026?

Based on GuruFocus' analysis, Tourism Holdings stock appears to be overvalued. The current stock price of A$2.38 is trading 30.8% above its estimated GF Value™ of A$1.82. GuruFocus considers Tourism Holdings to be Significantly Overvalued.

Key valuation signals for ASX:THL:

  • EV-to-EBITDA: 11.63 (38% above median its 10-year median of 8.40)
  • GF Value™: A$1.82 vs. price of A$2.38 (30.8% above fair value)
  • GF Score™: 69/100 with 11 warning signs
  • Industry Position: 23.9% above the Vehicles & Parts median (#723 of 1146)

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


Tourism Holdings Business Description

Other Exchanges THL:New ZealandUCH:Germany
Address 470 Oruarangi Road, Mangere, Auckland, NTL, NZL, 2022
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals, sales and manufacturing; United States Rentals and corporate. It generates maximum revenue from Australia Rentals segment.
69GF Score

Get the complete analysis for ASX:THL

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

A$2.38
Price
A$1.82
GF Value