THERMON GROUP HOLDINGS INC (THR) Stock Fundamental Analysis
NYSE:THR - New York Stock Exchange, Inc. - US88362T1034 - Common Stock - Currency: USD
THR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 93 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 valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make THR suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year THR was profitable.
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
Looking at the Return On Assets, with a value of 5.77%, THR belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
With an excellent Return On Equity value of 8.96%, THR belongs to the best of the industry, outperforming 81.32% of the companies in the same industry.
THR's Return On Invested Capital of 7.57% is amongst the best of the industry. THR outperforms 81.32% of its industry peers.
The Average Return On Invested Capital over the past 3 years for THR is below the industry average of 10.24%.
The last Return On Invested Capital (7.57%) for THR is above the 3 year average (7.10%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 8.89%, THR belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
In the last couple of years the Profit Margin of THR has grown nicely.
THR has a better Operating Margin (14.18%) than 85.71% of its industry peers.
THR's Operating Margin has improved in the last couple of years.
The Gross Margin of THR (42.75%) is better than 93.41% of its industry peers.
THR's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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 3.89. This indicates that THR is financially healthy and has little risk of bankruptcy at the moment.
THR's Altman-Z score of 3.89 is fine compared to the rest of the industry. THR outperforms 76.92% 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.
Looking at the Debt to FCF ratio, with a value of 2.33, THR belongs to the top of the industry, outperforming 81.32% of the companies in the same industry.
A Debt/Equity ratio of 0.30 indicates that THR is not too dependend on debt financing.
THR has a Debt to Equity ratio of 0.30. This is comparable to the rest of the industry: THR outperforms 48.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 2.33 | ||
| Altman-Z | 3.89 |
ROIC/WACC0.75
WACC10.14%
2.3 Liquidity
A Current Ratio of 2.80 indicates that THR has no problem at all paying its short term obligations.
THR has a Current ratio of 2.80. This is in the better half of the industry: THR outperforms 72.53% 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.
THR has a better Quick ratio (1.85) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.8 | ||
| Quick Ratio | 1.85 |
3. Growth
3.1 Past
THR shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.14%.
THR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.05% yearly.
Looking at the last year, THR shows a small growth in Revenue. The Revenue has grown by 3.93% in the last year.
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
Based on estimates for the next years, THR will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.38% on average per year.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.38, which indicates a correct valuation of THR.
THR's Price/Earnings ratio is rather cheap when compared to the industry. THR is cheaper than 86.81% of the companies in the same industry.
THR is valuated rather cheaply when we compare the Price/Earnings ratio to 28.46, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 13.11 indicates a correct valuation of THR.
Based on the Price/Forward Earnings ratio, THR is valued cheaper than 89.01% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of THR to the average of the S&P500 Index (92.56), we can say THR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.38 | ||
| Fwd PE | 13.11 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, THR is valued cheaper than 85.71% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, THR is valued cheaper than 91.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.17 | ||
| EV/EBITDA | 11.75 |
4.3 Compensation for Growth
THR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.81
EPS Next 2Y7.7%
EPS Next 3Y11.38%
5. Dividend
5.1 Amount
No dividends for THR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
THERMON GROUP HOLDINGS INC
NYSE:THR (1/31/2025, 8:04:00 PM)
After market: 27.68 0 (0%)27.68
-0.47 (-1.67%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners96.01%
Inst Owner Change-0.39%
Ins Owners2.22%
Ins Owner Change1.1%
Market Cap932.54M
Analysts80
Price Target37.23 (34.5%)
Short Float %1.06%
Short Ratio1.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/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)0%
PT rev (3m)-8.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.24%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.38 | ||
| Fwd PE | 13.11 | ||
| P/S | 1.89 | ||
| P/FCF | 13.17 | ||
| P/OCF | 11.37 | ||
| P/B | 1.9 | ||
| P/tB | 9.32 | ||
| EV/EBITDA | 11.75 |
EPS(TTM)1.69
EY6.11%
EPS(NY)2.11
Fwd EY7.63%
FCF(TTM)2.1
FCFY7.59%
OCF(TTM)2.43
OCFY8.79%
SpS14.66
BVpS14.55
TBVpS2.97
PEG (NY)N/A
PEG (5Y)1.81
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 | 3.89 |
F-Score5
WACC10.14%
ROIC/WACC0.75
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 Year33.49%
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%