Market Capitalization & Enterprise Value
Research-grade valuation history for THCH. Track market capitalization versus enterprise value to see the impact of net debt and share changes. Use the interactive chart to explore different horizons; the table updates accordingly to support auditability and export.
Market Cap & Enterprise Value
Comparison of market capitalization and enterprise value over time
Market Cap
Enterprise Value
Market Cap History
Investor Valuation Insights
As of Mar 31, 2026EV/EBITDA
-27.52x
Negative EV/EBITDA usually means negative EBITDA; compare with revenue and cash flow metrics.
EV vs Market Cap Spread
1.85B
EV is +326.2% vs equity value
Capital Structure Signal
Net Debt Profile
EV premium trend: +329.1 pp vs earliest data
Additional Multiples
EV/Sales: 8.97x
Net Debt/EBITDA: -21.96x
Share count change in dataset: +20.77%
Interpretation guide: EV/EBITDA compares total firm value (debt + equity - cash) to operating earnings. Lower is usually cheaper, but always benchmark against peers, growth rate, margins, and cyclicality.
Market Cap & Enterprise Value Data
Free users can view the latest 3 records. Upgrade to see full history.
| Date | Market Cap | Enterprise Value | Stock Price | Shares |
|---|---|---|---|---|
| Dec 31, 2025 | 566.21M | 2.41B | $17.41 | 32.52M |
| Dec 31, 2024 | 840.67M | 2.57B | $25.91 | 32.45M |
| Dec 31, 2023 | 1.92B | 3.52B | $62.10 | 30.84M |
Dec 31, 2022 | — | — | — | — |
Dec 31, 2021 | — | — | — | — |
Dec 31, 2020 | — | — | — | — |
Dec 31, 2019 | — | — | — | — |

