Tile Shop Holdings (FRA:2TS0) Enterprise Value: €252.9 Mil (As of Jul. 01, 2026) ***


FRA:2TS0 Tile Shop Holdings Inc FRA:2TS0
53 GF Score
Price €2.93
GF Value €5.92
! 5 Warning Signs
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What is Tile Shop Holdings Enterprise Value?

Tile Shop Holdings FRA:2TS0 53 Enterprise Value is €252.9 Mil as of Jul. 01, 2026. GuruFocus rates FRA:2TS0 with a GF Score™ of 53/100 and a GF Value™ of €5.92. The stock has 5 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tile Shop Holdings's Enterprise Value is €252.9 Mil. Tile Shop Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-4.9 Mil. Therefore, Tile Shop Holdings's EV-to-EBIT ratio for today is -51.17.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tile Shop Holdings's Enterprise Value is €252.9 Mil. Tile Shop Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €9.0 Mil. Therefore, Tile Shop Holdings's EV-to-EBITDA ratio for today is 28.00.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tile Shop Holdings's Enterprise Value is €252.9 Mil. Tile Shop Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €294.9 Mil. Therefore, Tile Shop Holdings's EV-to-Revenue ratio for today is 0.86.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Tile Shop Holdings's Enterprise Value is €252.9 Mil. Tile Shop Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €5.7 Mil. Therefore, Tile Shop Holdings's EV-to-OCF ratio for today is 44.33.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tile Shop Holdings's Enterprise Value is €252.9 Mil. Tile Shop Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-2.8 Mil. Therefore, Tile Shop Holdings's EV-to-FCF ratio for today is -91.83.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Tile Shop Holdings  (FRA:2TS0) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Tile Shop Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=252.902/-4.942
=-51.17

Tile Shop Holdings's current Enterprise Value is €252.9 Mil.
Tile Shop Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-4.9 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Tile Shop Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=252.902/9.031
=28.00

Tile Shop Holdings's current Enterprise Value is €252.9 Mil.
Tile Shop Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €9.0 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Tile Shop Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=252.902/294.874
=0.86

Tile Shop Holdings's current Enterprise Value is €252.9 Mil.
Tile Shop Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €294.9 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Tile Shop Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=252.902/5.705
=44.33

Tile Shop Holdings's current Enterprise Value is €252.9 Mil.
Tile Shop Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €5.7 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Tile Shop Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=252.902/-2.754
=-91.83

Tile Shop Holdings's current Enterprise Value is €252.9 Mil.
Tile Shop Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2.8 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.


Tile Shop Holdings Enterprise Value Related Terms


Tile Shop Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Tile Shop Holdings's Enterprise Value 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.

Tile Shop Holdings Enterprise Value Chart

Tile Shop Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 435.65 340.40 414.21 408.66 254.63

Tile Shop Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Enterprise Value 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 408.66 370.90 365.24 325.46 254.63

FRA:2TS0 vs LIVE, HVT, HD: Enterprise Value Comparison

For the Home Improvement Retail subindustry, Tile Shop Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Tile Shop Holdings Enterprise Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tile Shop Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tile Shop Holdings's Enterprise Value falls into.


FRA:2TS0
53GF Score
Tile Shop Holdings Inc FRA:2TS0
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tile Shop Holdings Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Tile Shop Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Tile Shop Holdings's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of €252.9 Mil mean?
Tile Shop Holdings (FRA:2TS0) has a Enterprise Value of €252.9 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tile Shop Holdings and its competitors.
Is Tile Shop Holdings' Enterprise Value too high?
Tile Shop Holdings' current Enterprise Value is €252.9 Mil. Overall, Tile Shop Holdings has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Tile Shop Holdings' Enterprise Value compare to LIVE and HVT?
Tile Shop Holdings' Enterprise Value of €252.9 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Retail - Cyclical company?
A good Enterprise Value depends on the Retail - Cyclical industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tile Shop Holdings and its competitors. Tile Shop Holdings's current Enterprise Value is €252.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tile Shop Holdings stock overvalued right now?
Tile Shop Holdings (FRA:2TS0) has a current Enterprise Value of €252.9 Mil. The stock's GF Value™ is €5.92, compared to a current price of €2.93 — trading 50.6% below its estimated fair value. The current Enterprise Value is €252.9 Mil. Tile Shop Holdings' overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Tile Shop Holdings (FRA:2TS0), the current Enterprise Value is €252.9 Mil as of Jul. 01, 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 Tile Shop Holdings (FRA:2TS0) Overvalued in 2026?

Based on GuruFocus' analysis, Tile Shop Holdings stock appears to be undervalued. The current stock price of €2.93 is trading 50.6% below its estimated GF Value™ of €5.92.

Key valuation signals for FRA:2TS0:

  • Enterprise Value: €252.9 Mil
  • GF Value™: €5.92 vs. price of €2.93 (50.6% below fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the FRA:2TS0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tile Shop Holdings Business Description

Other Exchanges TTSH:USA
Address 14000 Carlson Parkway, Plymouth, MN, USA, 55441
Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It manufactures its setting and maintenance materials, such as thinset, grout, and sealers. The company's primary market is retail sales to consumers, contractors, designers and home builders. Natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile. The company earns majority of their revenue in the United States.
53GF Score

Get the complete analysis for FRA:2TS0

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

€2.93
Price
€5.92
GF Value