Thorn Group

Thorn Group EV/EBIT

Delisted

The EV/EBIT (Enterprise Value to EBIT) of Thorn Group (TGA.AX) as of Nov 4, 2026 is 3.45. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 1.45 — a change of 137.71% (higher).

EV/EBIT

3.45

YoY

137.71%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Thorn Group is 2023 3.45 . EV/EBIT (Enterprise Value to EBIT) of Thorn Group was 2022 1.45 . It decreases by 137.71% higher compared to the previous year.

The Thorn Group EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2016
0.42 AUD
Jan 1, 2017
0.45 AUD
Jan 1, 2018
0.50 AUD
Jan 1, 2019
1.83 AUD
Jan 1, 2020
-1.48 AUD
Jan 1, 2021
4.27 AUD
Jan 1, 2022
1.45 AUD
Jan 1, 2023
3.45 AUD
The Thorn Group EV/EBIT history
YEAREV/EBITYoY
3.45+137.71%
1.45-65.99%
4.27-388.50%
-1.48-180.65%
1.83+269.96%
0.50+11.31%
0.45+7.22%
0.42-24.80%
0.55-11.75%
0.63-86.71%
4.71+9.28%
4.31+5.38%
4.09-37.46%
6.54+22.24%
5.35+121.99%
2.410.00%
2.41-26.30%
3.27—

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Thorn Group Valuation

Details

Historical Valuation Multiples

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Price-to-Earnings Ratio (P/E)

The P/E ratio divides Thorn Group's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Thorn Group's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Thorn Group's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Thorn Group grows earnings faster than its peers.

Thorn Group Stock analysis

What does Thorn Group do? Thorn Group Ltd is an Australian company that was founded in 1937. Since then, it has become one of the leading providers of financial and rental services in Australia. The company's origins lie in the sale of small appliances such as radios and televisions, sold to customers on installment plans. Over time, Thorn also expanded into other areas such as furniture and appliance rentals. Today, Thorn Rentals and its associated brand name Radio Rentals are just part of Thorn's wide range of services. The company also operates Thorn Finance, Thorn Trade and Asset Finance, and National Credit Management Ltd. Thorn's business model primarily involves offering financial and rental services to customers in Australia and New Zealand. These services range from financing consumer goods to renting furniture and household appliances. In its rental business, Thorn offers a wide range of furniture and appliances that customers can rent on a long-term basis. This rental business allows customers to use or own products that they otherwise could not afford. In the field of financial services, Thorn offers various credit options. For example, customers can purchase electronic devices on installment plans or apply for a loan to finance a car. In addition, the company also offers trade finance and leasing services that allow customers to conduct their businesses in a legally secure manner. One important division of Thorn is the Asset Finance sector. Here, the company provides tailored commercial leasing solutions to meet its customers' needs. This division specifically targets small to medium-sized businesses and the agriculture sector. Thorn is headquartered in Sydney, Australia, and has been listed on the Australian stock exchange since 2006. The company employs approximately 1,000 people and operates more than 70 branches in Australia and New Zealand. The products offered by Thorn include household appliances such as refrigerators, washing machines, and dryers, as well as entertainment electronics such as televisions, hi-fi systems, and computers. In addition, Thorn also offers furniture, including beds, sofas, and dining room furniture. In the automotive sector, Thorn offers a wide range of financing solutions, including car loans and leasing options. Additionally, the company also provides warranties and insurance policies that offer customers a high level of protection. Overall, Thorn Group Ltd has established itself as one of the leading companies in Australia and New Zealand in the finance and rental sectors. With a wide range of services and a strong focus on meeting the needs of its customers, the company will remain an important player in the Australian market in the future. Thorn Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Thorn Group stock

EV/EBIT (Enterprise Value to EBIT) of Thorn Group is 3.45 in 2023.

EV/EBIT (Enterprise Value to EBIT) of Thorn Group changed from 1.45 to 3.45, representing a 137.71% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Thorn Group since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Thorn Group with sector peers and the industry average to assess whether it is attractive.

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Valuation — Thorn Group

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