THERMON GROUP HOLDINGS INC (THR)
US88362T1034 - Common Stock
Overall THR gets a fundamental rating of 6 out of 10. We evaluated THR against 88 industry peers in the Electrical Equipment industry. While THR has a great profitability rating, there are some minor concerns on its financial health. THR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
THR had positive earnings in the past year.
In the past year THR had a positive cash flow from operations.
In the past 5 years THR has always been profitable.
In the past 5 years THR always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 5.77%, THR belongs to the best of the industry, outperforming 85.23% of the companies in the same industry.
THR has a Return On Equity of 8.96%. This is amongst the best in the industry. THR outperforms 82.95% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.57%, THR belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for THR is below the industry average of 9.38%.
The 3 year average ROIC (7.10%) for THR is below the current ROIC(7.57%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 8.96% | ||
| ROIC | 7.57% |
ROA(3y)5.02%
ROA(5y)3.43%
ROE(3y)7.98%
ROE(5y)5.52%
ROIC(3y)7.1%
ROIC(5y)5.35%
1.3 Margins
THR has a better Profit Margin (8.89%) than 86.36% of its industry peers.
In the last couple of years the Profit Margin of THR has grown nicely.
THR has a Operating Margin of 14.18%. This is amongst the best in the industry. THR outperforms 86.36% of its industry peers.
In the last couple of years the Operating Margin of THR has grown nicely.
Looking at the Gross Margin, with a value of 42.75%, THR belongs to the top of the industry, outperforming 92.05% of the companies in the same industry.
In the last couple of years the Gross Margin of THR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.18% | ||
| PM (TTM) | 8.89% | ||
| GM | 42.75% |
OM growth 3Y64.38%
OM growth 5Y5.6%
PM growth 3Y217.51%
PM growth 5Y13.55%
GM growth 3Y1.61%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so THR is destroying value.
THR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, THR has more shares outstanding
The debt/assets ratio for THR is higher compared to a year ago.
2.2 Solvency
THR has an Altman-Z score of 3.93. This indicates that THR is financially healthy and has little risk of bankruptcy at the moment.
THR has a better Altman-Z score (3.93) than 79.55% of its industry peers.
THR has a debt to FCF ratio of 2.33. This is a good value and a sign of high solvency as THR would need 2.33 years to pay back of all of its debts.
THR has a Debt to FCF ratio of 2.33. This is amongst the best in the industry. THR outperforms 81.82% of its industry peers.
THR has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.30, THR is in line with its industry, outperforming 46.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.33 | ||
| Altman-Z | 3.93 |
ROIC/WACC0.76
WACC10%
2.3 Liquidity
THR has a Current Ratio of 2.80. This indicates that THR is financially healthy and has no problem in meeting its short term obligations.
THR has a better Current ratio (2.80) than 72.73% of its industry peers.
THR has a Quick Ratio of 1.85. This is a normal value and indicates that THR is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.85, THR is in the better half of the industry, outperforming 70.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.8 | ||
| Quick Ratio | 1.85 |
3. Growth
3.1 Past
The earnings per share for THR have decreased by -7.14% in the last year.
THR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.05% yearly.
THR shows a small growth in Revenue. In the last year, the Revenue has grown by 3.93%.
Measured over the past years, THR shows a small growth in Revenue. The Revenue has been growing by 3.69% on average per year.
EPS 1Y (TTM)-7.14%
EPS 3Y74.93%
EPS 5Y9.05%
EPS Q2Q%-22.45%
Revenue 1Y (TTM)3.93%
Revenue growth 3Y21.44%
Revenue growth 5Y3.69%
Sales Q2Q%-7.29%
3.2 Future
The Earnings Per Share is expected to grow by 11.38% on average over the next years. This is quite good.
THR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.74% yearly.
EPS Next Y-0.11%
EPS Next 2Y7.7%
EPS Next 3Y11.38%
EPS Next 5YN/A
Revenue Next Year1.44%
Revenue Next 2Y5.07%
Revenue Next 3Y5.74%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.99, the valuation of THR can be described as correct.
85.23% of the companies in the same industry are more expensive than THR, based on the Price/Earnings ratio.
THR's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.20.
THR is valuated correctly with a Price/Forward Earnings ratio of 13.60.
Based on the Price/Forward Earnings ratio, THR is valued cheaply inside the industry as 86.36% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.73, THR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.99 | ||
| Fwd PE | 13.6 |
4.2 Price Multiples
86.36% of the companies in the same industry are more expensive than THR, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, THR is valued cheaply inside the industry as 88.64% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.66 | ||
| EV/EBITDA | 11.95 |
4.3 Compensation for Growth
THR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.88
EPS Next 2Y7.7%
EPS Next 3Y11.38%
5. Dividend
5.1 Amount
THR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
THERMON GROUP HOLDINGS INC
NYSE:THR (12/20/2024, 8:04:00 PM)
Premarket: 29.07 +0.36 (+1.25%)28.71
-0.38 (-1.31%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners96.01%
Inst Owner Change0.35%
Ins Owners2.22%
Ins Owner Change0.74%
Market Cap967.24M
Analysts80
Price Target37.23 (29.68%)
Short Float %0.99%
Short Ratio1.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.39%
Min EPS beat(2)2.38%
Max EPS beat(2)20.4%
EPS beat(4)4
Avg EPS beat(4)10.91%
Min EPS beat(4)2.38%
Max EPS beat(4)20.4%
EPS beat(8)7
Avg EPS beat(8)19.87%
EPS beat(12)11
Avg EPS beat(12)32.17%
EPS beat(16)14
Avg EPS beat(16)28.93%
Revenue beat(2)0
Avg Revenue beat(2)-2%
Min Revenue beat(2)-2.3%
Max Revenue beat(2)-1.7%
Revenue beat(4)1
Avg Revenue beat(4)0.09%
Min Revenue beat(4)-2.3%
Max Revenue beat(4)4.57%
Revenue beat(8)5
Avg Revenue beat(8)4.99%
Revenue beat(12)9
Avg Revenue beat(12)7.78%
Revenue beat(16)13
Avg Revenue beat(16)7.94%
PT rev (1m)-8.75%
PT rev (3m)-8.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.24%
EPS NY rev (1m)-4.64%
EPS NY rev (3m)-8.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.82%
Revenue NY rev (1m)-5.31%
Revenue NY rev (3m)-7.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.99 | ||
| Fwd PE | 13.6 | ||
| P/S | 1.96 | ||
| P/FCF | 13.66 | ||
| P/OCF | 11.79 | ||
| P/B | 1.97 | ||
| P/tB | 9.67 | ||
| EV/EBITDA | 11.95 |
EPS(TTM)1.69
EY5.89%
EPS(NY)2.11
Fwd EY7.35%
FCF(TTM)2.1
FCFY7.32%
OCF(TTM)2.43
OCFY8.48%
SpS14.66
BVpS14.55
TBVpS2.97
PEG (NY)N/A
PEG (5Y)1.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.77% | ||
| ROE | 8.96% | ||
| ROCE | 10.56% | ||
| ROIC | 7.57% | ||
| ROICexc | 8.02% | ||
| ROICexgc | 21% | ||
| OM | 14.18% | ||
| PM (TTM) | 8.89% | ||
| GM | 42.75% | ||
| FCFM | 14.34% |
ROA(3y)5.02%
ROA(5y)3.43%
ROE(3y)7.98%
ROE(5y)5.52%
ROIC(3y)7.1%
ROIC(5y)5.35%
ROICexc(3y)7.63%
ROICexc(5y)5.76%
ROICexgc(3y)20.15%
ROICexgc(5y)14.96%
ROCE(3y)9.95%
ROCE(5y)7.48%
ROICexcg growth 3Y96.89%
ROICexcg growth 5Y10.85%
ROICexc growth 3Y89.37%
ROICexc growth 5Y7.56%
OM growth 3Y64.38%
OM growth 5Y5.6%
PM growth 3Y217.51%
PM growth 5Y13.55%
GM growth 3Y1.61%
GM growth 5Y0.07%
F-Score5
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.33 | ||
| Debt/EBITDA | 1.62 | ||
| Cap/Depr | 52.85% | ||
| Cap/Sales | 2.27% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 89.91% | ||
| Profit Quality | 161.22% | ||
| Current Ratio | 2.8 | ||
| Quick Ratio | 1.85 | ||
| Altman-Z | 3.93 |
F-Score5
WACC10%
ROIC/WACC0.76
Cap/Depr(3y)44.48%
Cap/Depr(5y)42.22%
Cap/Sales(3y)1.95%
Cap/Sales(5y)2.32%
Profit Quality(3y)122.26%
Profit Quality(5y)666.42%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.14%
EPS 3Y74.93%
EPS 5Y9.05%
EPS Q2Q%-22.45%
EPS Next Y-0.11%
EPS Next 2Y7.7%
EPS Next 3Y11.38%
EPS Next 5YN/A
Revenue 1Y (TTM)3.93%
Revenue growth 3Y21.44%
Revenue growth 5Y3.69%
Sales Q2Q%-7.29%
Revenue Next Year1.44%
Revenue Next 2Y5.07%
Revenue Next 3Y5.74%
Revenue Next 5YN/A
EBIT growth 1Y-5.62%
EBIT growth 3Y99.61%
EBIT growth 5Y9.5%
EBIT Next Year35.65%
EBIT Next 3Y19.31%
EBIT Next 5YN/A
FCF growth 1Y194.33%
FCF growth 3Y35.34%
FCF growth 5Y37.47%
OCF growth 1Y165.99%
OCF growth 3Y29.61%
OCF growth 5Y23.21%