THERMADOR GROUPE (THEP.PA) Stock Fundamental Analysis
EPA:THEP - Euronext Paris - Matif - FR0013333432 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to THEP. THEP was compared to 16 industry peers in the Trading Companies & Distributors industry. Both the health and profitability get an excellent rating, making THEP a very profitable company, without any liquidiy or solvency issues. 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
THEP had positive earnings in the past year.
THEP had a positive operating cash flow in the past year.
In the past 5 years THEP has always 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.
THEP's Return On Invested Capital of 10.57% is amongst the best of the industry. THEP outperforms 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
THEP's Profit Margin of 8.88% is amongst the best of the industry. THEP outperforms 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.
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.
In the last couple of years the Gross Margin of THEP has remained more or less at the same level.
| 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.
Compared to 1 year ago, THEP has less shares outstanding
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
THEP has an Altman-Z score of 5.51. This indicates that THEP is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.51, THEP belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 0.48, THEP belongs to the top 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's Debt to Equity ratio of 0.07 is amongst the best of the industry. THEP outperforms 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.48 | ||
| Altman-Z | 5.51 |
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 better Current ratio (3.20) than 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.
The Earnings Per Share has been growing slightly by 6.56% on average over the past years.
The Revenue for THEP has decreased by -13.27% in the past year. This is quite bad
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
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.
THEP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.30% yearly.
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
The Price/Earnings ratio is 14.83, which indicates a correct valuation of THEP.
75.00% of the companies in the same industry are more expensive than THEP, based on the Price/Earnings ratio.
THEP is valuated rather cheaply when we compare the Price/Earnings ratio to 26.20, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 13.65, THEP is valued correctly.
68.75% of the companies in the same industry are more expensive than THEP, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.13, THEP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.83 | ||
| Fwd PE | 13.65 |
4.2 Price Multiples
THEP's Enterprise Value to EBITDA ratio is in line with the industry average.
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 | 9 | ||
| EV/EBITDA | 8.3 |
4.3 Compensation for Growth
The excellent profitability rating of THEP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.26
EPS Next 2Y3.56%
EPS Next 3Y4.21%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.98%, THEP has a reasonable but not impressive dividend return.
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.
The dividend of THEP is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP42.77%
EPS Next 2Y3.56%
EPS Next 3Y4.21%
EPA:THEP (5/29/2025, 4:25:02 PM)
68.65
+0.45 (+0.66%)
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 Cap631.58M
Analysts84.44
Price Target84.83 (23.57%)
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 | 14.83 | ||
| Fwd PE | 13.65 | ||
| P/S | 1.25 | ||
| P/FCF | 9 | ||
| P/OCF | 8.5 | ||
| P/B | 1.65 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | 8.3 |
EPS(TTM)4.63
EY6.74%
EPS(NY)5.03
Fwd EY7.32%
FCF(TTM)7.63
FCFY11.12%
OCF(TTM)8.07
OCFY11.76%
SpS54.77
BVpS41.56
TBVpS30.52
PEG (NY)N/A
PEG (5Y)2.26
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 | 5.51 |
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%