SPWH (Sportsman's Warehouse Holdings) Enterprise Value: $529 Mil (As of Jun. 25, 2026) ***


SPWH Sportsman's Warehouse Holdings Inc SPWH
51 GF Score
Price $1.24
GF Value $2.64
Valuation Possible Value Trap
! 7 Warning Signs
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What is Sportsman's Warehouse Holdings Enterprise Value?

Sportsman's Warehouse Holdings SPWH -0.40% 51 Enterprise Value is $529 Mil as of Jun. 25, 2026. GuruFocus rates SPWH with a GF Score™ of 51/100 and a GF Value™ of $2.64 (Possible Value Trap). The stock has 7 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, Sportsman's Warehouse Holdings's Enterprise Value is $529 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 ratio for today is -14.74.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Sportsman's Warehouse Holdings's Enterprise Value is $529 Mil. Sportsman's Warehouse Holdings's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $2 Mil. Therefore, Sportsman's Warehouse Holdings's EV-to-EBITDA ratio for today is 272.19.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Sportsman's Warehouse Holdings's Enterprise Value is $529 Mil. Sportsman's Warehouse Holdings's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was $1,216 Mil. Therefore, Sportsman's Warehouse Holdings's EV-to-Revenue ratio for today is 0.44.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Sportsman's Warehouse Holdings's Enterprise Value is $529 Mil. Sportsman's Warehouse Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $36 Mil. Therefore, Sportsman's Warehouse Holdings's EV-to-OCF ratio for today is 14.63.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Sportsman's Warehouse Holdings's Enterprise Value is $529 Mil. Sportsman's Warehouse Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $13 Mil. Therefore, Sportsman's Warehouse Holdings's EV-to-FCF ratio for today is 39.75.

*** 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.


Sportsman's Warehouse Holdings  (NAS:SPWH) 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.

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=529.411/-35.928
=-14.74

Sportsman's Warehouse Holdings's current Enterprise Value is $529 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.

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

Sportsman's Warehouse Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=529.411/1.945
=272.19

Sportsman's Warehouse Holdings's current Enterprise Value is $529 Mil.
Sportsman's Warehouse Holdings's EBITDA 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 $2 Mil.

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

Sportsman's Warehouse Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=529.411/1216.157
=0.44

Sportsman's Warehouse Holdings's current Enterprise Value is $529 Mil.
Sportsman's Warehouse Holdings's Revenue 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 $1,216 Mil.

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

Sportsman's Warehouse Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=529.411/36.19
=14.63

Sportsman's Warehouse Holdings's current Enterprise Value is $529 Mil.
Sportsman's Warehouse Holdings's Cash Flow from Operations 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.

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

Sportsman's Warehouse Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=529.411/13.32
=39.75

Sportsman's Warehouse Holdings's current Enterprise Value is $529 Mil.
Sportsman's Warehouse Holdings's Free Cash Flow 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 $13 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 Enterprise Value Related Terms


Sportsman's Warehouse Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Sportsman's Warehouse 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.

Sportsman's Warehouse Holdings Enterprise Value Chart

Sportsman's Warehouse Holdings Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 767.11 745.07 623.08 530.17 477.85

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
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 588.87 678.26 617.89 477.85 535.97

SPWH vs ABLV, LESL, PTLE: Enterprise Value Comparison

For the Specialty Retail subindustry, Sportsman's Warehouse 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.


Sportsman's Warehouse Holdings Enterprise Value vs Retail - Cyclical Industry

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

* The bar in red indicates where Sportsman's Warehouse Holdings's Enterprise Value falls into.


SPWH
51GF Score
Sportsman's Warehouse Holdings Inc SPWH
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Sportsman's Warehouse 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.

Sportsman's Warehouse Holdings's Enterprise Value for the fiscal year that ended in Jan. 2026 is calculated as

Sportsman's Warehouse Holdings's Enterprise Value for the quarter that ended in Apr. 2026 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 $529 Mil mean?
Sportsman's Warehouse Holdings (SPWH) has a Enterprise Value of $529 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Sportsman's Warehouse Holdings and its competitors.
Is Sportsman's Warehouse Holdings' Enterprise Value too high?
Sportsman's Warehouse Holdings' current Enterprise Value is $529 Mil. Overall, Sportsman's Warehouse Holdings has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sportsman's Warehouse Holdings' Enterprise Value compare to ABLV and LESL?
Sportsman's Warehouse Holdings' Enterprise Value of $529 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 Sportsman's Warehouse Holdings and its competitors. Sportsman's Warehouse Holdings's current Enterprise Value is $529 Mil. 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 $1.24 — trading 53% below its estimated fair value. The current Enterprise Value is $529 Mil. Sportsman's Warehouse Holdings' overall GF Score™ is 51/100 with 7 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 Sportsman's Warehouse Holdings (SPWH), the current Enterprise Value is $529 Mil as of Jun. 25, 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 $1.24 is trading 53% below its estimated GF Value™ of $2.64. GuruFocus considers Sportsman's Warehouse Holdings to be Possible Value Trap.

Key valuation signals for SPWH:

  • Enterprise Value: $529 Mil
  • GF Value™: $2.64 vs. price of $1.24 (53% below fair value)
  • GF Score™: 51/100 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.
51GF Score

Get the complete analysis for SPWH

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

$1.24
Price
$2.64
GF Value