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 on the other hand it scores bad on growth.
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.
Each year in the past 5 years THEP had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 8.57%, THEP belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
With an excellent Return On Equity value of 11.70%, THEP belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
The Return On Invested Capital of THEP (10.57%) is better than 93.75% of its industry peers.
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
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.
THEP's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 11.94%, THEP belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
THEP's Operating Margin has declined in the last couple of years.
THEP has a better Gross Margin (27.39%) 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so THEP is still creating some value.
The number of shares outstanding for THEP has been reduced compared to 1 year ago.
THEP has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, THEP has an improved debt to assets ratio.
2.2 Solvency
THEP has an Altman-Z score of 5.60. This indicates that THEP is financially healthy and has little risk of bankruptcy at the moment.
THEP's Altman-Z score of 5.60 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 | 5.6 |
ROIC/WACC1.38
WACC7.68%
2.3 Liquidity
A Current Ratio of 3.20 indicates that THEP has no problem at all paying its short term obligations.
THEP has a better Current ratio (3.20) than 87.50% 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.
THEP's Quick ratio of 1.45 is fine compared to the rest of the industry. THEP outperforms 75.00% of its industry peers.
| 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.
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
Based on estimates for the next years, THEP will show a small growth in Earnings Per Share. The EPS will grow by 4.21% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.77, THEP is valued correctly.
THEP's Price/Earnings ratio is a bit cheaper when compared to the industry. THEP is cheaper than 75.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.35. THEP is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 13.60 indicates a correct valuation of THEP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of THEP indicates a somewhat cheap valuation: THEP is cheaper than 62.50% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of THEP to the average of the S&P500 Index (22.20), we can say THEP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.77 | ||
| Fwd PE | 13.6 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as THEP.
68.75% of the companies in the same industry are more expensive than THEP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.96 | ||
| EV/EBITDA | 8.57 |
4.3 Compensation for Growth
The excellent profitability rating of THEP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.25
EPS Next 2Y3.56%
EPS Next 3Y4.21%
5. Dividend
5.1 Amount
THEP has a Yearly Dividend Yield of 2.98%.
THEP's Dividend Yield is a higher than the industry average which is at 2.64.
Compared to an average S&P500 Dividend Yield of 2.40, THEP pays a bit more dividend than the S&P500 average.
| 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
42.77% of the earnings are spent on dividend by THEP. 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 (5/27/2025, 7:00:00 PM)
68.4
-1.9 (-2.7%)
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 Cap629.28M
Analysts84.44
Price Target84.83 (24.02%)
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 | 14.77 | ||
| Fwd PE | 13.6 | ||
| P/S | 1.25 | ||
| P/FCF | 8.96 | ||
| P/OCF | 8.47 | ||
| P/B | 1.65 | ||
| P/tB | 2.24 | ||
| EV/EBITDA | 8.57 |
EPS(TTM)4.63
EY6.77%
EPS(NY)5.03
Fwd EY7.35%
FCF(TTM)7.63
FCFY11.16%
OCF(TTM)8.07
OCFY11.8%
SpS54.77
BVpS41.56
TBVpS30.52
PEG (NY)N/A
PEG (5Y)2.25
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 | 5.6 |
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%