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 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. THEP has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year THEP was profitable.
THEP had a positive operating cash flow in the past year.
Each year in the past 5 years THEP has been profitable.
Each year in the past 5 years THEP had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.57%, THEP belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
THEP's Return On Equity of 11.70% is amongst the best of the industry. THEP outperforms 81.25% of its industry peers.
With an excellent Return On Invested Capital value of 10.57%, THEP belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
THEP had an Average Return On Invested Capital over the past 3 years of 13.65%. This is above the industry average of 8.95%.
| 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
The Profit Margin of THEP (8.88%) is better than 100.00% of its industry peers.
In the last couple of years the Profit Margin of THEP has remained more or less at the same level.
THEP's Operating Margin of 11.94% is amongst the best of the industry. THEP outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of THEP has declined.
The Gross Margin of THEP (27.39%) is better than 87.50% of its industry peers.
THEP's Gross Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for THEP has been reduced compared to 1 year ago.
The number of shares outstanding for THEP has been increased compared to 5 years ago.
THEP has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.52 indicates that THEP is not in any danger for bankruptcy at the moment.
The Altman-Z score of THEP (5.52) is better than 87.50% of its industry peers.
The Debt to FCF ratio of THEP is 0.48, which is an excellent value as it means it would take THEP, only 0.48 years of fcf income to pay off all of its debts.
THEP's Debt to FCF ratio of 0.48 is amongst the best of the industry. THEP outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that THEP is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.07, THEP belongs to the top of the industry, outperforming 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.48 | ||
| Altman-Z | 5.52 |
ROIC/WACC1.38
WACC7.68%
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 Current ratio of 3.20. This is amongst the best in the industry. THEP outperforms 87.50% of its industry peers.
A Quick Ratio of 1.45 indicates that THEP should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.45, THEP is doing good in the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.2 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
The earnings per share for THEP have decreased strongly by -23.93% in the last year.
THEP shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.56% yearly.
Looking at the last year, THEP shows a very negative growth in Revenue. The Revenue has decreased by -13.27% in the last year.
Measured over the past years, THEP shows a small growth in Revenue. The Revenue has been growing by 6.44% on average per year.
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
The Earnings Per Share is expected to grow by 4.21% on average over the next years.
Based on estimates for the next years, THEP will show a small growth in Revenue. The Revenue will grow by 2.30% on average per year.
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
With a Price/Earnings ratio of 14.72, THEP is valued correctly.
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.
Compared to an average S&P500 Price/Earnings ratio of 26.35, THEP is valued a bit cheaper.
A Price/Forward Earnings ratio of 13.55 indicates a correct valuation of THEP.
68.75% of the companies in the same industry are more expensive than THEP, based on the Price/Forward Earnings ratio.
THEP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.72 | ||
| Fwd PE | 13.55 |
4.2 Price Multiples
THEP's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, THEP is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.93 | ||
| EV/EBITDA | 8.32 |
4.3 Compensation for Growth
The excellent profitability rating of THEP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.24
EPS Next 2Y3.56%
EPS Next 3Y4.21%
5. Dividend
5.1 Amount
THEP has a Yearly Dividend Yield of 2.98%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.64, 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
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 (5/28/2025, 11:19:16 AM)
68.15
-0.25 (-0.37%)
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 Cap626.98M
Analysts84.44
Price Target84.83 (24.48%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
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%
PT rev (3m)-0.8%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-9.76%
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 | 14.72 | ||
| Fwd PE | 13.55 | ||
| P/S | 1.24 | ||
| P/FCF | 8.93 | ||
| P/OCF | 8.44 | ||
| P/B | 1.64 | ||
| P/tB | 2.23 | ||
| EV/EBITDA | 8.32 |
EPS(TTM)4.63
EY6.79%
EPS(NY)5.03
Fwd EY7.38%
FCF(TTM)7.63
FCFY11.2%
OCF(TTM)8.07
OCFY11.85%
SpS54.77
BVpS41.56
TBVpS30.52
PEG (NY)N/A
PEG (5Y)2.24
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 | 5.52 |
F-Score6
WACC7.68%
ROIC/WACC1.38
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 Year10.23%
EBIT Next 3Y9.32%
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%