THERMADOR GROUPE (THEP.PA) Stock Fundamental Analysis
EPA:THEP - Euronext Paris - Matif - FR0013333432 - Common Stock - Currency: EUR
THEP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 16 industry peers in the Trading Companies & Distributors industry. THEP gets an excellent profitability rating and is at the same time showing great financial health properties. THEP has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year THEP was profitable.
In the past year THEP had a positive cash flow from operations.
Each year in the past 5 years THEP has been profitable.
In the past 5 years THEP always reported a positive cash flow from operatings.
1.2 Ratios
THEP has a Return On Assets of 8.57%. This is amongst the best in the industry. THEP outperforms 100.00% of its industry peers.
THEP has a Return On Equity of 11.70%. This is in the better half of the industry: THEP outperforms 75.00% of its industry peers.
The Return On Invested Capital of THEP (10.57%) is better than 93.75% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for THEP is above the industry average of 8.89%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.57% | ||
| ROE | 11.7% | ||
| ROIC | 10.57% |
ROA(3y)10.45%
ROA(5y)10.6%
ROE(3y)15.47%
ROE(5y)16.08%
ROIC(3y)13.65%
ROIC(5y)14.44%
1.3 Margins
Looking at the Profit Margin, with a value of 8.88%, THEP belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of THEP has remained more or less at the same level.
With an excellent Operating Margin value of 11.94%, THEP belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Operating Margin of THEP has declined.
With an excellent Gross Margin value of 27.39%, THEP belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
In the last couple of years the Gross Margin of THEP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.94% | ||
| PM (TTM) | 8.88% | ||
| GM | 27.39% |
OM growth 3Y-7.42%
OM growth 5Y-1.63%
PM growth 3Y-6.53%
PM growth 5Y0.23%
GM growth 3Y-0.93%
GM growth 5Y0.03%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), THEP is creating some value.
Compared to 1 year ago, THEP has less shares outstanding
THEP has more shares outstanding than it did 5 years ago.
THEP has a better debt/assets ratio than last year.
2.2 Solvency
THEP has an Altman-Z score of 5.37. This indicates that THEP is financially healthy and has little risk of bankruptcy at the moment.
THEP's Altman-Z score of 5.37 is amongst the best of the industry. THEP outperforms 87.50% of its industry peers.
THEP has a debt to FCF ratio of 0.48. This is a very positive value and a sign of high solvency as it would only need 0.48 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.48, THEP belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
A Debt/Equity ratio of 0.07 indicates that THEP is not too dependend on debt financing.
THEP has a Debt to Equity ratio of 0.07. This is amongst the best in the industry. THEP outperforms 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.48 | ||
| Altman-Z | 5.37 |
ROIC/WACC1.36
WACC7.79%
2.3 Liquidity
THEP has a Current Ratio of 3.20. This indicates that THEP is financially healthy and has no problem in meeting its short term obligations.
THEP has a better Current ratio (3.20) than 81.25% of its industry peers.
THEP has a Quick Ratio of 1.45. This is a normal value and indicates that THEP is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.45, THEP is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.2 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
THEP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -23.93%.
Measured over the past 5 years, THEP shows a small growth in Earnings Per Share. The EPS has been growing by 6.56% on average per year.
THEP shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.27%.
THEP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.44% yearly.
EPS 1Y (TTM)-23.93%
EPS 3Y-5.32%
EPS 5Y6.56%
EPS Q2Q%-13.44%
Revenue 1Y (TTM)-13.27%
Revenue growth 3Y1.18%
Revenue growth 5Y6.44%
Sales Q2Q%-9.69%
3.2 Future
THEP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.21% yearly.
The Revenue is expected to grow by 2.30% on average over the next years.
EPS Next Y-3.96%
EPS Next 2Y3.56%
EPS Next 3Y4.21%
EPS Next 5YN/A
Revenue Next Year-2.14%
Revenue Next 2Y1.21%
Revenue Next 3Y2.3%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
THEP is valuated correctly with a Price/Earnings ratio of 14.15.
Compared to the rest of the industry, the Price/Earnings ratio of THEP indicates a somewhat cheap valuation: THEP is cheaper than 75.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 28.87. THEP is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 13.03, which indicates a correct valuation of THEP.
Based on the Price/Forward Earnings ratio, THEP is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of THEP to the average of the S&P500 Index (21.38), we can say THEP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.15 | ||
| Fwd PE | 13.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of THEP indicates a somewhat cheap valuation: THEP is cheaper than 68.75% of the companies listed in the same industry.
THEP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. THEP is cheaper than 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.58 | ||
| EV/EBITDA | 7.84 |
4.3 Compensation for Growth
The excellent profitability rating of THEP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.16
EPS Next 2Y3.56%
EPS Next 3Y4.21%
5. Dividend
5.1 Amount
THEP has a Yearly Dividend Yield of 3.23%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.87, THEP pays a bit more dividend than its industry peers.
THEP's Dividend Yield is a higher than the S&P500 average which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
5.2 History
The dividend of THEP has a limited annual growth rate of 3.55%.
Dividend Growth(5Y)3.55%
Div Incr Years4
Div Non Decr Years5
5.3 Sustainability
THEP pays out 42.77% of its income as dividend. This is a bit on the high side, but may be sustainable.
THEP's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP42.77%
EPS Next 2Y3.56%
EPS Next 3Y4.21%
EPA:THEP (4/29/2025, 5:03:00 PM)
65.5
+0.9 (+1.39%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners29.9%
Inst Owner ChangeN/A
Ins Owners20.23%
Ins Owner ChangeN/A
Market Cap602.60M
Analysts84.44
Price Target84.83 (29.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
Yearly Dividend2.08
Dividend Growth(5Y)3.55%
DP42.77%
Div Incr Years4
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.8%
PT rev (3m)-6.03%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-9.1%
EPS NY rev (3m)-16.11%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.15 | ||
| Fwd PE | 13.03 | ||
| P/S | 1.2 | ||
| P/FCF | 8.58 | ||
| P/OCF | 8.11 | ||
| P/B | 1.58 | ||
| P/tB | 2.15 | ||
| EV/EBITDA | 7.84 |
EPS(TTM)4.63
EY7.07%
EPS(NY)5.03
Fwd EY7.68%
FCF(TTM)7.63
FCFY11.65%
OCF(TTM)8.07
OCFY12.32%
SpS54.77
BVpS41.56
TBVpS30.52
PEG (NY)N/A
PEG (5Y)2.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.57% | ||
| ROE | 11.7% | ||
| ROCE | 14.48% | ||
| ROIC | 10.57% | ||
| ROICexc | 12.45% | ||
| ROICexgc | 17.44% | ||
| OM | 11.94% | ||
| PM (TTM) | 8.88% | ||
| GM | 27.39% | ||
| FCFM | 13.93% |
ROA(3y)10.45%
ROA(5y)10.6%
ROE(3y)15.47%
ROE(5y)16.08%
ROIC(3y)13.65%
ROIC(5y)14.44%
ROICexc(3y)14.98%
ROICexc(5y)16.05%
ROICexgc(3y)20.78%
ROICexgc(5y)21.94%
ROCE(3y)18.71%
ROCE(5y)19.78%
ROICexcg growth 3Y-11.8%
ROICexcg growth 5Y-3.81%
ROICexc growth 3Y-13.76%
ROICexc growth 5Y-4.34%
OM growth 3Y-7.42%
OM growth 5Y-1.63%
PM growth 3Y-6.53%
PM growth 5Y0.23%
GM growth 3Y-0.93%
GM growth 5Y0.03%
F-Score6
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.48 | ||
| Debt/EBITDA | 0.37 | ||
| Cap/Depr | 35.15% | ||
| Cap/Sales | 0.81% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 103.54% | ||
| Profit Quality | 156.9% | ||
| Current Ratio | 3.2 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z | 5.37 |
F-Score6
WACC7.79%
ROIC/WACC1.36
Cap/Depr(3y)76.71%
Cap/Depr(5y)111.42%
Cap/Sales(3y)1.37%
Cap/Sales(5y)1.86%
Profit Quality(3y)88.24%
Profit Quality(5y)74.93%
High Growth Momentum
Growth
EPS 1Y (TTM)-23.93%
EPS 3Y-5.32%
EPS 5Y6.56%
EPS Q2Q%-13.44%
EPS Next Y-3.96%
EPS Next 2Y3.56%
EPS Next 3Y4.21%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.27%
Revenue growth 3Y1.18%
Revenue growth 5Y6.44%
Sales Q2Q%-9.69%
Revenue Next Year-2.14%
Revenue Next 2Y1.21%
Revenue Next 3Y2.3%
Revenue Next 5YN/A
EBIT growth 1Y-25.57%
EBIT growth 3Y-6.33%
EBIT growth 5Y4.7%
EBIT Next Year25.8%
EBIT Next 3Y12.1%
EBIT Next 5YN/A
FCF growth 1Y43.67%
FCF growth 3Y62.76%
FCF growth 5Y15.2%
OCF growth 1Y31.4%
OCF growth 3Y37.61%
OCF growth 5Y11.45%