THERMADOR GROUPE (THEP.PA) Stock Fundamental Analysis
EPA:THEP - Euronext Paris - Matif - FR0013333432 - Common Stock - Currency: EUR
Overall THEP gets a fundamental rating of 6 out of 10. We evaluated THEP against 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 it does not seem to be growing.
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.
THEP had positive earnings in each of the past 5 years.
In the past 5 years THEP always reported a positive cash flow from operatings.
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.
Looking at the Return On Equity, with a value of 11.70%, THEP belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.57%, THEP belongs to the top 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 7.45%.
| 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
With an excellent Profit Margin value of 8.88%, THEP belongs to the best 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.
With an excellent Operating Margin value of 11.94%, THEP belongs to the best 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.
With an excellent Gross Margin value of 27.39%, THEP belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
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 5.97. This indicates that THEP is financially healthy and has little risk of bankruptcy at the moment.
THEP has a Altman-Z score of 5.97. This is amongst the best in the industry. THEP outperforms 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 has a Debt to FCF ratio of 0.48. This is amongst the best in the industry. THEP outperforms 93.75% of its industry peers.
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 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 | 5.97 |
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.
Looking at the Current ratio, with a value of 3.20, THEP belongs to the top of the industry, outperforming 93.75% of the companies in the same industry.
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.
The Quick ratio of THEP (1.45) is better than 81.25% 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.
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
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
The Earnings Per Share is expected to grow by 4.21% on average over the next years.
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.
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
A Price/Earnings ratio of 17.26 indicates a rather expensive valuation of THEP.
Based on the Price/Earnings ratio, THEP is valued a bit cheaper than 75.00% of the companies in the same industry.
THEP is valuated rather cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 15.89, THEP is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as THEP.
THEP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.26 | ||
| Fwd PE | 15.89 |
4.2 Price Multiples
62.50% of the companies in the same industry are more expensive than THEP, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of THEP indicates a somewhat cheap valuation: THEP is cheaper than 62.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.47 | ||
| EV/EBITDA | 9.77 |
4.3 Compensation for Growth
The excellent profitability rating of THEP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.63
EPS Next 2Y3.56%
EPS Next 3Y4.21%
5. Dividend
5.1 Amount
THEP has a Yearly Dividend Yield of 2.61%.
Compared to an average industry Dividend Yield of 2.53, THEP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, THEP has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
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
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 (7/11/2025, 7:00:00 PM)
79.9
+0.2 (+0.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners28.26%
Inst Owner ChangeN/A
Ins Owners21%
Ins Owner ChangeN/A
Market Cap735.08M
Analysts84.44
Price Target84.83 (6.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
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%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-9.1%
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 | 17.26 | ||
| Fwd PE | 15.89 | ||
| P/S | 1.46 | ||
| P/FCF | 10.47 | ||
| P/OCF | 9.9 | ||
| P/B | 1.92 | ||
| P/tB | 2.62 | ||
| EV/EBITDA | 9.77 |
EPS(TTM)4.63
EY5.79%
EPS(NY)5.03
Fwd EY6.29%
FCF(TTM)7.63
FCFY9.55%
OCF(TTM)8.07
OCFY10.1%
SpS54.77
BVpS41.56
TBVpS30.52
PEG (NY)N/A
PEG (5Y)2.63
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 | 5.97 |
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%