TH

Target Hospitality Corp.

Industrials · $1.9B market cap

Verdict

Share price

$18.84

close of Oct 3, 2026

Fair value

$6.85

Sticker Price

Payback Price

$2.74

buy price

Overpriced

TH is Overpriced: at $18.84 it trades 175% above its fair value of $6.85. Its buy price (Payback Price) is $2.74, 85% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.

How we valued it

Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today.

Business quality

4 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth—?
Equity per share growth30.6% a year✓
Sales growth14.3% a year✓
Free cash flow growth12.6% a year✓
Return on invested capital12.0%✓

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Insider activity

Since Jun 17, 2026: no open-market purchases and 5 other filings (stock awards, tax withholding and similar). Why purchases matter

Other filings

About Target Hospitality Corp.

Target Hospitality Corp. operates as a prominent provider of specialized temporary accommodations and comprehensive hospitality services throughout North America. The company oversees a significant network of lodging facilities, encompassing roughly 15,528 beds distributed across 27 communities. Of these, 26 are directly owned by the company, one is leased, and an additional community is managed by them without…

Specialty Business Services

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works