THBD (Third Bench) Enterprise Value: $12.09 Mil (As of Jun. 26, 2026) ***


What is Third Bench Enterprise Value?

Third Bench THBD Enterprise Value is $12.09 Mil as of Jun. 26, 2026.

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, Third Bench's Enterprise Value is $12.09 Mil. Third Bench's EBIT for the trailing twelve months (TTM) ended in May. 2024 was $-1.42 Mil. Therefore, Third Bench's EV-to-EBIT ratio for today is -8.53.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Third Bench's Enterprise Value is $12.09 Mil. Third Bench's EBITDA for the trailing twelve months (TTM) ended in May. 2024 was $-1.40 Mil. Therefore, Third Bench's EV-to-EBITDA ratio for today is -8.66.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Third Bench's Enterprise Value is $12.09 Mil. Third Bench's Revenue for the trailing twelve months (TTM) ended in May. 2024 was $3.33 Mil. Therefore, Third Bench's EV-to-Revenue ratio for today is 3.63.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Third Bench's Enterprise Value is $12.09 Mil. Third Bench's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2024 was $0.00 Mil. Therefore, Third Bench's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Third Bench's Enterprise Value is $12.09 Mil. Third Bench's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2024 was $0.00 Mil. Therefore, Third Bench's EV-to-FCF ratio for today is .

*** 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.


Third Bench  (OTCPK:THBD) 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.

Third Bench's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12.092/-1.417
=-8.53

Third Bench's current Enterprise Value is $12.09 Mil.
Third Bench's EBIT for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.42 Mil.

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

Third Bench's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=12.092/-1.396
=-8.66

Third Bench's current Enterprise Value is $12.09 Mil.
Third Bench's EBITDA for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.40 Mil.

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

Third Bench's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=12.092/3.334
=3.63

Third Bench's current Enterprise Value is $12.09 Mil.
Third Bench's Revenue for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.33 Mil.

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

Third Bench's EV-to-OCF for today is:


Third Bench's current Enterprise Value is $12.09 Mil.
Third Bench's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

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

Third Bench's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=12.092/0
=

Third Bench's current Enterprise Value is $12.09 Mil.
Third Bench's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Third Bench Enterprise Value Related Terms


Third Bench Enterprise Value Historical Data

* Premium members only.

The historical data trend for Third Bench'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.

Third Bench Enterprise Value Chart

Third Bench Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
Enterprise Value
Get a 7-Day Free Trial Premium Member Only 17.83 2.48 0.88 0.42 0.59

Third Bench Quarterly Data
Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Aug14 Aug15 May22 May23 May24
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 0.00 0.59 28.31 11.07 11.90

THBD vs SGI, SN, MHK: Enterprise Value Comparison

For the Furnishings, Fixtures & Appliances subindustry, Third Bench'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.


Third Bench Enterprise Value vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Third Bench's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Third Bench's Enterprise Value falls into.



Third Bench 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.

Third Bench's Enterprise Value for the fiscal year that ended in Aug. 2015 is calculated as

Third Bench's Enterprise Value for the quarter that ended in May. 2024 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 $12.09 Mil mean?
Third Bench (THBD) has a Enterprise Value of $12.09 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Third Bench and its competitors.
Is Third Bench's Enterprise Value too high?
Third Bench's current Enterprise Value is $12.09 Mil.
How does Third Bench's Enterprise Value compare to SGI and SN?
Third Bench's Enterprise Value of $12.09 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Enterprise Value depends on the Furnishings, Fixtures & Appliances 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 Third Bench and its competitors. Third Bench's current Enterprise Value is $12.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Bench stock overvalued right now?
Third Bench (THBD) has a current Enterprise Value of $12.09 Mil. The current Enterprise Value is $12.09 Mil. 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 Third Bench (THBD), the current Enterprise Value is $12.09 Mil as of Jun. 26, 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.

Third Bench Business Description

Address 710 North Post Oak, Suite 206, Houston, TX, USA, 77024
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.