Specialty Business Services
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TH vs CEVA
Revenue, margins, valuation, and 5-year total return — side by side.
Semiconductors
TH vs CEVA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Specialty Business Services | Semiconductors |
| Market Cap | $1.56B | $810M |
| Revenue (TTM) | $321M | $108M |
| Net Income (TTM) | $-37M | $-11M |
| Gross Margin | 8.3% | 87.2% |
| Operating Margin | -10.3% | -10.1% |
| Forward P/E | — | 67.3x |
| Total Debt | $11M | $6M |
| Cash & Equiv. | $8M | $18M |
TH vs CEVA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Target Hospitality … (TH) | 100 | 663.4 | +563.4% |
| CEVA, Inc. (CEVA) | 100 | 88.6 | -11.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TH vs CEVA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TH has the current edge in this matchup, primarily because of its strength in income & stability and long-term compounding.
- Dividend streak 2 yrs, beta 0.79
- 58.9% 10Y total return vs CEVA's 29.9%
- Lower volatility, beta 0.79, Low D/E 2.7%, current ratio 0.87x
CEVA is the clearest fit if your priority is growth exposure.
- Rev growth 9.8%, EPS growth 27.5%, 3Y rev CAGR -2.1%
- 9.8% revenue growth vs TH's -17.0%
- -10.5% margin vs TH's -11.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 9.8% revenue growth vs TH's -17.0% | |
| Value | Better valuation composite | |
| Quality / Margins | -10.5% margin vs TH's -11.6% | |
| Stability / Safety | Beta 0.79 vs CEVA's 2.76 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +115.6% vs CEVA's +26.7% | |
| Efficiency (ROA) | -3.7% ROA vs TH's -6.9%, ROIC -2.3% vs -5.8% |
TH vs CEVA — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
TH vs CEVA — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CEVA leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
TH is the larger business by revenue, generating $321M annually — 3.0x CEVA's $108M. Profitability is closely matched — net margins range from -10.5% (CEVA) to -11.6% (TH).
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $321M | $108M |
| EBITDAEarnings before interest/tax | $40M | -$7M |
| Net IncomeAfter-tax profit | -$37M | -$11M |
| Free Cash FlowCash after capex | $39M | -$6M |
| Gross MarginGross profit ÷ Revenue | +8.3% | +87.2% |
| Operating MarginEBIT ÷ Revenue | -10.3% | -10.1% |
| Net MarginNet income ÷ Revenue | -11.6% | -10.5% |
| FCF MarginFCF ÷ Revenue | +12.3% | -6.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +7.3% | +4.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -2.3% | -2.0% |
Valuation Metrics
Evenly matched — TH and CEVA each lead in 2 of 4 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.6B | $810M |
| Enterprise ValueMkt cap + debt − cash | $1.6B | $797M |
| Trailing P/EPrice ÷ TTM EPS | -42.30x | -91.14x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 67.35x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 37.84x | — |
| Price / SalesMarket cap ÷ Revenue | 4.87x | 7.57x |
| Price / BookPrice ÷ Book value/share | 4.00x | 2.99x |
| Price / FCFMarket cap ÷ FCF | 221.44x | 1569.47x |
Profitability & Efficiency
CEVA leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
CEVA delivers a -4.2% return on equity — every $100 of shareholder capital generates $-4 in annual profit, vs $-9 for TH. CEVA carries lower financial leverage with a 0.02x debt-to-equity ratio, signaling a more conservative balance sheet compared to TH's 0.03x. On the Piotroski fundamental quality scale (0–9), CEVA scores 6/9 vs TH's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -9.2% | -4.2% |
| ROA (TTM)Return on assets | -6.9% | -3.7% |
| ROICReturn on invested capital | -5.8% | -2.3% |
| ROCEReturn on capital employed | -6.8% | -2.7% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.03x | 0.02x |
| Net DebtTotal debt minus cash | $2M | -$13M |
| Cash & Equiv.Liquid assets | $8M | $18M |
| Total DebtShort + long-term debt | $11M | $6M |
| Interest CoverageEBIT ÷ Interest expense | -5.09x | — |
Total Returns (Dividends Reinvested)
TH leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TH five years ago would be worth $55,893 today (with dividends reinvested), compared to $6,600 for CEVA. Over the past 12 months, TH leads with a +115.6% total return vs CEVA's +26.7%. The 3-year compound annual growth rate (CAGR) favors CEVA at 9.6% vs TH's 7.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +93.2% | +50.4% |
| 1-Year ReturnPast 12 months | +115.6% | +26.7% |
| 3-Year ReturnCumulative with dividends | +25.4% | +31.6% |
| 5-Year ReturnCumulative with dividends | +458.9% | -34.0% |
| 10-Year ReturnCumulative with dividends | +58.9% | +29.9% |
| CAGR (3Y)Annualised 3-year return | +7.8% | +9.6% |
Risk & Volatility
TH leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
TH is the less volatile stock with a 0.79 beta — it tends to amplify market swings less than CEVA's 2.76 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.79x | 2.76x |
| 52-Week HighHighest price in past year | $16.12 | $34.82 |
| 52-Week LowLowest price in past year | $5.97 | $17.02 |
| % of 52W HighCurrent price vs 52-week peak | +97.1% | +96.8% |
| RSI (14)Momentum oscillator 0–100 | 67.2 | 75.9 |
| Avg Volume (50D)Average daily shares traded | 1.1M | 487K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates TH as "Buy" and CEVA as "Buy". Consensus price targets imply -7.3% upside for TH (target: $15) vs -13.0% for CEVA (target: $29).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $14.50 | $29.33 |
| # AnalystsCovering analysts | 6 | 23 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 2 | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.0% |
CEVA leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). TH leads in 2 (Total Returns, Risk & Volatility). 1 tied.
TH vs CEVA: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is TH or CEVA a better buy right now?
For growth investors, CEVA, Inc.
(CEVA) is the stronger pick with 9. 8% revenue growth year-over-year, versus -17. 0% for Target Hospitality Corp. (TH). Analysts rate Target Hospitality Corp. (TH) a "Buy" — based on 6 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — TH or CEVA?
Over the past 5 years, Target Hospitality Corp.
(TH) delivered a total return of +458. 9%, compared to -34. 0% for CEVA, Inc. (CEVA). Over 10 years, the gap is even starker: TH returned +60. 3% versus CEVA's +29. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — TH or CEVA?
By beta (market sensitivity over 5 years), Target Hospitality Corp.
(TH) is the lower-risk stock at 0. 79β versus CEVA, Inc. 's 2. 76β — meaning CEVA is approximately 249% more volatile than TH relative to the S&P 500. On balance sheet safety, CEVA, Inc. (CEVA) carries a lower debt/equity ratio of 2% versus 3% for Target Hospitality Corp. — giving it more financial flexibility in a downturn.
04Which is growing faster — TH or CEVA?
By revenue growth (latest reported year), CEVA, Inc.
(CEVA) is pulling ahead at 9. 8% versus -17. 0% for Target Hospitality Corp. (TH). On earnings-per-share growth, the picture is similar: CEVA, Inc. grew EPS 27. 5% year-over-year, compared to -152. 9% for Target Hospitality Corp.. Over a 3-year CAGR, CEVA leads at -2. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — TH or CEVA?
CEVA, Inc.
(CEVA) is the more profitable company, earning -8. 2% net margin versus -11. 6% for Target Hospitality Corp. — meaning it keeps -8. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CEVA leads at -7. 1% versus -10. 0% for TH. At the gross margin level — before operating expenses — CEVA leads at 88. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is TH or CEVA more undervalued right now?
Analyst consensus price targets imply the most upside for TH: -7.
3% to $14. 50.
07Which pays a better dividend — TH or CEVA?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
08Is TH or CEVA better for a retirement portfolio?
For long-horizon retirement investors, Target Hospitality Corp.
(TH) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 79)). CEVA, Inc. (CEVA) carries a higher beta of 2. 76 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TH: +60. 3%, CEVA: +29. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between TH and CEVA?
These companies operate in different sectors (TH (Industrials) and CEVA (Technology)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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