Thalassa Holdings (FRA:TH2P) EV-to-EBITDA: -0.27 (As of Jul. 28, 2026)

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FRA:TH2P Thalassa Holdings Ltd FRA:TH2P
38 GF Score
Price €0.20
! 3 Warning Signs
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What is Thalassa Holdings EV-to-EBITDA?

Thalassa Holdings FRA:TH2P -0.97% 38 EV-to-EBITDA is -0.27 as of Jul. 28, 2026. GuruFocus rates FRA:TH2P with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 760 Oil & Gas companies, Thalassa Holdings ranks worse than 131578.82% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Thalassa Holdings's enterprise value is €0.41 Mil. Thalassa Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €-1.52 Mil. Therefore, Thalassa Holdings's EV-to-EBITDA for today is -0.27.

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

FRA:TH2P' s EV-to-EBITDA Range Over the Past 10 Years
Min: -108.44   Med: -1.8   Max: 3.85
Current: -0.26

During the past 13 years, the highest EV-to-EBITDA of Thalassa Holdings was 3.85. The lowest was -108.44. And the median was -1.80.

FRA:TH2P's EV-to-EBITDA is ranked worse than
100% of 760 companies
in the Oil & Gas industry
Industry Median: 7.64 vs FRA:TH2P: -0.26

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 (2026-07-28), Thalassa Holdings's stock price is €0.204. Thalassa Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.091. Therefore, Thalassa 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).


Thalassa Holdings  (FRA:TH2P) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.204/-0.091
=At Loss

Thalassa Holdings's share price for today is €0.204.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Thalassa Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.091.

* 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?


Thalassa Holdings EV-to-EBITDA Related Terms


Thalassa Holdings EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thalassa 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.

Thalassa Holdings EV-to-EBITDA Chart

Thalassa Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.85 -1.69 -3.36 -0.18 -0.39

Thalassa Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-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 -3.36 0.00 -0.18 0.00 -0.39

FRA:TH2P vs SLB, BKR, FTI: EV-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, Thalassa 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.


Thalassa Holdings EV-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Thalassa Holdings's EV-to-EBITDA distribution charts can be found below:

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


FRA:TH2P
38GF Score
Thalassa Holdings Ltd FRA:TH2P
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thalassa Holdings EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=0.414/-1.521
=-0.27

Thalassa Holdings's current Enterprise Value is €0.41 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Thalassa Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €-1.52 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 -0.27 mean?
Thalassa Holdings (FRA:TH2P) has a EV-to-EBITDA of -0.27 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thalassa Holdings. According to the industry distribution chart, Thalassa Holdings ranks #999999 out of 760 companies in the Oil & Gas industry.
Is Thalassa Holdings' EV-to-EBITDA too high?
Thalassa Holdings' current EV-to-EBITDA is -0.27. Based on the distribution chart, Thalassa Holdings ranks #999999 out of 760 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Thalassa Holdings has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Thalassa Holdings' EV-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Thalassa Holdings ranks #999999 out of 760 companies for EV-to-EBITDA. This places Thalassa Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 7.64. 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 an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.64, based on 760 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. 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 Thalassa Holdings. For the Oil & Gas industry, the median EV-to-EBITDA is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thalassa Holdings's current EV-to-EBITDA is -0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thalassa Holdings stock overvalued right now?
Thalassa Holdings (FRA:TH2P) has a current EV-to-EBITDA of -0.27. The current EV-to-EBITDA is -0.27. Thalassa Holdings' overall GF Score™ is 38/100 with 3 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 Thalassa Holdings (FRA:TH2P), the current EV-to-EBITDA is -0.27 as of Jul. 28, 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.

Thalassa Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges THAL:UK
Address Folio Chambers, P.O. Box 800, Tortola, Road Town, VGB, VG1110
Thalassa Holdings Ltd is an international business company. It is a holding company with interests in property, and marine seismic/defense R&D. The company has two operating segments comprised of rental income through the Aperion Group and Product Development through the rest of the Group.
38GF Score

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

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