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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
THEP had positive earnings in the past year.
In the past year THEP had a positive cash flow from operations.
In the past 5 years THEP has always been profitable.
THEP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
THEP has a better Return On Assets (8.57%) than 100.00% of its industry peers.
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.
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 significantly above the industry average of 7.87%.
| 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.
In the last couple of years the Profit Margin of THEP has remained more or less at the same level.
The Operating Margin of THEP (11.94%) is better than 100.00% of its industry peers.
In the last couple of years the Operating Margin of THEP has declined.
THEP has a Gross Margin of 27.39%. This is amongst the best in the industry. THEP outperforms 81.25% 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.
Compared to 1 year ago, THEP has less shares outstanding
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 5.51. 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.
With an excellent Debt to FCF ratio value of 0.48, THEP belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
THEP has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
THEP has a better Debt to Equity ratio (0.07) than 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's Current ratio of 3.20 is amongst the best of the industry. THEP outperforms 93.75% of its industry peers.
A Quick Ratio of 1.45 indicates that THEP should not have too much problems paying its short term obligations.
THEP has a Quick ratio of 1.45. This is amongst the best in the industry. THEP outperforms 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.2 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
THEP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -23.93%.
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%.
The Revenue has been growing slightly by 6.44% on average over the past years.
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
THEP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.21% yearly.
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
Based on the Price/Earnings ratio of 14.64, the valuation of THEP can be described as correct.
87.50% of the companies in the same industry are more expensive than THEP, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of THEP to the average of the S&P500 Index (26.25), we can say THEP is valued slightly cheaper.
The Price/Forward Earnings ratio is 13.48, which indicates a correct valuation of THEP.
The rest of the industry has a similar Price/Forward Earnings ratio as THEP.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.15, THEP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.64 | ||
| Fwd PE | 13.48 |
4.2 Price Multiples
THEP's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. THEP is cheaper than 81.25% of the companies in the same industry.
62.50% 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 | 8.89 | ||
| EV/EBITDA | 8.27 |
4.3 Compensation for Growth
THEP has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.23
EPS Next 2Y3.56%
EPS Next 3Y4.21%
5. Dividend
5.1 Amount
THEP has a Yearly Dividend Yield of 3.05%. Purely for dividend investing, there may be better candidates out there.
THEP's Dividend Yield is a higher than the industry average which is at 2.78.
Compared to an average S&P500 Dividend Yield of 2.38, THEP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
5.2 History
The dividend of THEP has a limited annual growth rate of 3.55%.
Dividend Growth(5Y)3.55%
Div Incr Years0
Div Non Decr Years6
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 (6/2/2025, 9:28:34 AM)
67.8
-0.2 (-0.29%)
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 Cap623.76M
Analysts84.44
Price Target84.83 (25.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
Yearly Dividend2.08
Dividend Growth(5Y)3.55%
DP42.77%
Div Incr Years0
Div Non Decr Years6
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 | 14.64 | ||
| Fwd PE | 13.48 | ||
| P/S | 1.24 | ||
| P/FCF | 8.89 | ||
| P/OCF | 8.4 | ||
| P/B | 1.63 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 8.27 |
EPS(TTM)4.63
EY6.83%
EPS(NY)5.03
Fwd EY7.42%
FCF(TTM)7.63
FCFY11.25%
OCF(TTM)8.07
OCFY11.91%
SpS54.77
BVpS41.56
TBVpS30.52
PEG (NY)N/A
PEG (5Y)2.23
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%