# Target Hospitality Corp. (TH) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Energy / Oilfield Services & Equipment. Price $14.49, market value $1.4 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Target Hospitality Corp. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 4.6×**. Each dollar of revenue is priced at 4.6×.
- **Price / book: 3.9×**. The shares trade at 3.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 34.8×**. Enterprise value is 34.8× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.

## Profitability
- **Gross margin: 15.6%**. Target Hospitality Corp. keeps 15.6% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -12.6%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -13.5%**. The company reported a net loss over the last twelve months.
- **Return on equity: -9.5%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -7.9%**. Return on all capital, debt included, is -7.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -7.1%**. Each dollar of assets produces -7.1% of profit.

## Growth
- **Revenue growth (1 yr): 3.4%** (3-yr -6.3%/yr, 5-yr 9.8%/yr). Revenue grew 3.4% over the last year, against 9.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -152.9%**. Earnings per share fell 152.9%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.01**. Debt is 0.01 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Target Hospitality Corp. holds more cash than debt.
- **Current ratio: 0.87** (quick 0.87). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 7.34**. A Z-score of 7.34 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Target Hospitality Corp. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (5 analysts). 5 analysts cover Target Hospitality Corp.; the consensus is strong_buy, with an average price target of $25.20 (+74% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 77.0%** (YTD 69.9%, 3-mo -13.8%). The shares are up 77.0% over twelve months including dividends.
- **From 52-week high: -33.4%** (142.7% above the low). Trading 33% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 27**. An RSI of 27 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): 1.17** (volatility 67%). Beta of 1.17 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TH · Page: https://foliofundamentals.com/stocks/th

Not investment advice.