THERMAL ENERGY INTL INC (TMG.CA) Stock Fundamental Analysis
TSX-V:TMG - TSX Venture Exchange - CA88346B1031 - Common Stock - Currency: CAD
TMG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 21 industry peers in the Machinery industry. TMG has only an average score on both its financial health and profitability. TMG is growing strongly while it also seems undervalued. This is an interesting combination This makes TMG very considerable for value and growth investing!
1. Profitability
1.1 Basic Checks
TMG had positive earnings in the past year.
TMG had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: TMG reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: TMG reported negative operating cash flow in multiple years.
1.2 Ratios
TMG has a better Return On Assets (6.87%) than 90.48% of its industry peers.
TMG has a better Return On Equity (26.66%) than 95.24% of its industry peers.
The Return On Invested Capital of TMG (19.75%) is better than 95.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.87% | ||
| ROE | 26.66% | ||
| ROIC | 19.75% |
ROA(3y)-3.05%
ROA(5y)-5.12%
ROE(3y)-38.39%
ROE(5y)-39.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TMG has a Profit Margin of 3.60%. This is amongst the best in the industry. TMG outperforms 80.95% of its industry peers.
In the last couple of years the Profit Margin of TMG has grown nicely.
TMG's Operating Margin of 5.84% is in line compared to the rest of the industry. TMG outperforms 52.38% of its industry peers.
With an excellent Gross Margin value of 45.29%, TMG belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
TMG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.84% | ||
| PM (TTM) | 3.6% | ||
| GM | 45.29% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y40.65%
PM growth 5YN/A
GM growth 3Y3.04%
GM growth 5Y1.9%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TMG is creating value.
TMG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TMG has more shares outstanding
The debt/assets ratio for TMG has been reduced compared to a year ago.
2.2 Solvency
TMG has an Altman-Z score of 0.84. This is a bad value and indicates that TMG is not financially healthy and even has some risk of bankruptcy.
TMG's Altman-Z score of 0.84 is on the low side compared to the rest of the industry. TMG is outperformed by 66.67% of its industry peers.
TMG has a debt to FCF ratio of 1.72. This is a very positive value and a sign of high solvency as it would only need 1.72 years to pay back of all of its debts.
TMG has a better Debt to FCF ratio (1.72) than 80.95% of its industry peers.
A Debt/Equity ratio of 0.60 indicates that TMG is somewhat dependend on debt financing.
TMG has a Debt to Equity ratio (0.60) which is comparable to the rest of the industry.
Even though the debt/equity ratio score it not favorable for TMG, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 1.72 | ||
| Altman-Z | 0.84 |
ROIC/WACC2.05
WACC9.64%
2.3 Liquidity
A Current Ratio of 1.42 indicates that TMG should not have too much problems paying its short term obligations.
TMG's Current ratio of 1.42 is on the low side compared to the rest of the industry. TMG is outperformed by 61.90% of its industry peers.
TMG has a Quick Ratio of 1.24. This is a normal value and indicates that TMG is financially healthy and should not expect problems in meeting its short term obligations.
TMG has a better Quick ratio (1.24) than 80.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
TMG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.39%, which is quite impressive.
The Earnings Per Share has been growing by 65.05% on average over the past years. This is a very strong growth
The Revenue has grown by 25.98% in the past year. This is a very strong growth!
Measured over the past years, TMG shows a small growth in Revenue. The Revenue has been growing by 4.19% on average per year.
EPS 1Y (TTM)24.39%
EPS 3Y65.05%
EPS 5YN/A
EPS Q2Q%61%
Revenue 1Y (TTM)25.98%
Revenue growth 3Y19.02%
Revenue growth 5Y4.19%
Sales Q2Q%63.4%
3.2 Future
The Earnings Per Share is expected to grow by 137.95% on average over the next years. This is a very strong growth
Based on estimates for the next years, TMG will show a very strong growth in Revenue. The Revenue will grow by 39.32% on average per year.
EPS Next Y88.12%
EPS Next 2Y137.95%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year37.74%
Revenue Next 2Y39.32%
Revenue Next 3YN/A
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
With a Price/Earnings ratio of 15.50, TMG is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of TMG indicates a rather cheap valuation: TMG is cheaper than 80.95% of the companies listed in the same industry.
TMG is valuated rather cheaply when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 4.95, the valuation of TMG can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TMG indicates a rather cheap valuation: TMG is cheaper than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, TMG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.5 | ||
| Fwd PE | 4.95 |
4.2 Price Multiples
TMG's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TMG is cheaper than 76.19% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TMG indicates a somewhat cheap valuation: TMG is cheaper than 76.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.92 | ||
| EV/EBITDA | 10.22 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TMG has a very decent profitability rating, which may justify a higher PE ratio.
TMG's earnings are expected to grow with 137.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y137.95%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for TMG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX-V:TMG (2/21/2025, 7:00:00 PM)
0.155
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners6.86%
Ins Owner ChangeN/A
Market Cap26.77M
Analysts84.44
Price Target0.31 (100%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)24.57%
DP10.36%
Div Incr Years0
Div Non Decr Years0
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)-25%
PT rev (3m)-25%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
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 | 15.5 | ||
| Fwd PE | 4.95 | ||
| P/S | 0.92 | ||
| P/FCF | 12.92 | ||
| P/OCF | 11.03 | ||
| P/B | 6.81 | ||
| P/tB | 8 | ||
| EV/EBITDA | 10.22 |
EPS(TTM)0.01
EY6.45%
EPS(NY)0.03
Fwd EY20.2%
FCF(TTM)0.01
FCFY7.74%
OCF(TTM)0.01
OCFY9.06%
SpS0.17
BVpS0.02
TBVpS0.02
PEG (NY)0.18
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.87% | ||
| ROE | 26.66% | ||
| ROCE | 27.43% | ||
| ROIC | 19.75% | ||
| ROICexc | 105.47% | ||
| ROICexgc | 212.66% | ||
| OM | 5.84% | ||
| PM (TTM) | 3.6% | ||
| GM | 45.29% | ||
| FCFM | 7.11% |
ROA(3y)-3.05%
ROA(5y)-5.12%
ROE(3y)-38.39%
ROE(5y)-39.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y40.65%
PM growth 5YN/A
GM growth 3Y3.04%
GM growth 5Y1.9%
F-Score5
Asset Turnover1.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 1.72 | ||
| Debt/EBITDA | 0.95 | ||
| Cap/Depr | 45.87% | ||
| Cap/Sales | 1.21% | ||
| Interest Coverage | 4.32 | ||
| Cash Conversion | 98.05% | ||
| Profit Quality | 197.67% | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.24 | ||
| Altman-Z | 0.84 |
F-Score5
WACC9.64%
ROIC/WACC2.05
Cap/Depr(3y)38.6%
Cap/Depr(5y)38.5%
Cap/Sales(3y)1.35%
Cap/Sales(5y)1.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.39%
EPS 3Y65.05%
EPS 5YN/A
EPS Q2Q%61%
EPS Next Y88.12%
EPS Next 2Y137.95%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)25.98%
Revenue growth 3Y19.02%
Revenue growth 5Y4.19%
Sales Q2Q%63.4%
Revenue Next Year37.74%
Revenue Next 2Y39.32%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-3.99%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year61.52%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y213.25%
FCF growth 3YN/A
FCF growth 5Y58.83%
OCF growth 1Y237.5%
OCF growth 3YN/A
OCF growth 5Y56.76%