THERMON GROUP HOLDINGS INC (THR) Stock Fundamental Analysis
NYSE:THR - New York Stock Exchange, Inc. - US88362T1034 - Common Stock - Currency: USD
Taking everything into account, THR scores 6 out of 10 in our fundamental rating. THR was compared to 93 industry peers in the Electrical Equipment industry. THR scores excellent points on both the profitability and health parts. This is a solid base for a good stock. THR scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make THR a good candidate for value investing.
1. Profitability
1.1 Basic Checks
THR had positive earnings in the past year.
THR had a positive operating cash flow in the past year.
In the past 5 years THR has always been profitable.
In the past 5 years THR always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.08%, THR belongs to the top of the industry, outperforming 87.10% of the companies in the same industry.
THR has a better Return On Equity (10.80%) than 81.72% of its industry peers.
THR's Return On Invested Capital of 9.43% is amongst the best of the industry. THR outperforms 82.80% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for THR is in line with the industry average of 9.89%.
The 3 year average ROIC (8.99%) for THR is below the current ROIC(9.43%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.08% | ||
| ROE | 10.8% | ||
| ROIC | 9.43% |
ROA(3y)6.33%
ROA(5y)4.46%
ROE(3y)9.9%
ROE(5y)7%
ROIC(3y)8.99%
ROIC(5y)6.64%
1.3 Margins
Looking at the Profit Margin, with a value of 10.74%, THR belongs to the top of the industry, outperforming 88.17% of the companies in the same industry.
In the last couple of years the Profit Margin of THR has grown nicely.
THR has a Operating Margin of 15.95%. This is amongst the best in the industry. THR outperforms 89.25% of its industry peers.
THR's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 44.74%, THR belongs to the top of the industry, outperforming 92.47% of the companies in the same industry.
In the last couple of years the Gross Margin of THR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.95% | ||
| PM (TTM) | 10.74% | ||
| GM | 44.74% |
OM growth 3Y16.37%
OM growth 5Y13.34%
PM growth 3Y23.88%
PM growth 5Y28.19%
GM growth 3Y4.69%
GM growth 5Y1.21%
2. Health
2.1 Basic Checks
THR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for THR has been reduced compared to 1 year ago.
The number of shares outstanding for THR has been increased compared to 5 years ago.
THR has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.05 indicates that THR is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 4.05, THR is doing good in the industry, outperforming 72.04% of the companies in the same industry.
THR has a debt to FCF ratio of 2.62. This is a good value and a sign of high solvency as THR would need 2.62 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 2.62, THR is doing good in the industry, outperforming 79.57% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that THR is not too dependend on debt financing.
The Debt to Equity ratio of THR (0.24) is better than 60.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 2.62 | ||
| Altman-Z | 4.05 |
ROIC/WACC1.11
WACC8.5%
2.3 Liquidity
A Current Ratio of 2.43 indicates that THR has no problem at all paying its short term obligations.
THR has a better Current ratio (2.43) than 67.74% of its industry peers.
A Quick Ratio of 1.64 indicates that THR should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.64, THR is in the better half of the industry, outperforming 63.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.43 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.30% over the past year.
The Earnings Per Share has been growing by 20.83% on average over the past years. This is a very strong growth
Looking at the last year, THR shows a small growth in Revenue. The Revenue has grown by 0.71% in the last year.
Measured over the past years, THR shows a small growth in Revenue. The Revenue has been growing by 5.37% on average per year.
EPS 1Y (TTM)3.3%
EPS 3Y29.28%
EPS 5Y20.83%
EPS Q2Q%64.71%
Revenue 1Y (TTM)0.71%
Revenue growth 3Y11.89%
Revenue growth 5Y5.37%
Sales Q2Q%5.03%
3.2 Future
Based on estimates for the next years, THR will show a small growth in Earnings Per Share. The EPS will grow by 7.39% on average per year.
THR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.65% yearly.
EPS Next Y0.06%
EPS Next 2Y7.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.8%
Revenue Next 2Y5.65%
Revenue Next 3YN/A
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.93, THR is valued correctly.
Based on the Price/Earnings ratio, THR is valued cheaply inside the industry as 89.25% of the companies are valued more expensively.
THR's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.51.
A Price/Forward Earnings ratio of 14.92 indicates a correct valuation of THR.
Based on the Price/Forward Earnings ratio, THR is valued cheaply inside the industry as 84.95% of the companies are valued more expensively.
THR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.58.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.93 | ||
| Fwd PE | 14.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, THR is valued cheaper than 90.32% of the companies in the same industry.
THR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. THR is cheaper than 87.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.64 | ||
| EV/EBITDA | 10.14 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates THR does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of THR may justify a higher PE ratio.
PEG (NY)249.42
PEG (5Y)0.72
EPS Next 2Y7.39%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for THR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
28.06
-0.12 (-0.43%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners98.64%
Inst Owner Change0%
Ins Owners2.77%
Ins Owner Change9.53%
Market Cap932.71M
Analysts80
Price Target36.72 (30.86%)
Short Float %1.02%
Short Ratio1.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.07%
Min EPS beat(2)0.35%
Max EPS beat(2)9.79%
EPS beat(4)4
Avg EPS beat(4)8.23%
Min EPS beat(4)0.35%
Max EPS beat(4)20.4%
EPS beat(8)8
Avg EPS beat(8)16.37%
EPS beat(12)11
Avg EPS beat(12)31.86%
EPS beat(16)15
Avg EPS beat(16)33.45%
Revenue beat(2)0
Avg Revenue beat(2)-2.45%
Min Revenue beat(2)-4.24%
Max Revenue beat(2)-0.67%
Revenue beat(4)0
Avg Revenue beat(4)-2.23%
Min Revenue beat(4)-4.24%
Max Revenue beat(4)-0.67%
Revenue beat(8)3
Avg Revenue beat(8)2.14%
Revenue beat(12)7
Avg Revenue beat(12)6.22%
Revenue beat(16)11
Avg Revenue beat(16)7.47%
PT rev (1m)0%
PT rev (3m)-1.37%
EPS NQ rev (1m)-1.82%
EPS NQ rev (3m)-7.69%
EPS NY rev (1m)-7.57%
EPS NY rev (3m)-7.57%
Revenue NQ rev (1m)-0.26%
Revenue NQ rev (3m)-1.39%
Revenue NY rev (1m)-1.04%
Revenue NY rev (3m)-3.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.93 | ||
| Fwd PE | 14.92 | ||
| P/S | 1.87 | ||
| P/FCF | 17.64 | ||
| P/OCF | 14.78 | ||
| P/B | 1.88 | ||
| P/tB | 8.06 | ||
| EV/EBITDA | 10.14 |
EPS(TTM)1.88
EY6.7%
EPS(NY)1.88
Fwd EY6.7%
FCF(TTM)1.59
FCFY5.67%
OCF(TTM)1.9
OCFY6.77%
SpS14.99
BVpS14.9
TBVpS3.48
PEG (NY)249.42
PEG (5Y)0.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.08% | ||
| ROE | 10.8% | ||
| ROCE | 12.36% | ||
| ROIC | 9.43% | ||
| ROICexc | 10.05% | ||
| ROICexgc | 27.1% | ||
| OM | 15.95% | ||
| PM (TTM) | 10.74% | ||
| GM | 44.74% | ||
| FCFM | 10.61% |
ROA(3y)6.33%
ROA(5y)4.46%
ROE(3y)9.9%
ROE(5y)7%
ROIC(3y)8.99%
ROIC(5y)6.64%
ROICexc(3y)9.63%
ROICexc(5y)7.12%
ROICexgc(3y)25.88%
ROICexgc(5y)18.89%
ROCE(3y)11.92%
ROCE(5y)8.78%
ROICexcg growth 3Y26.81%
ROICexcg growth 5Y18.45%
ROICexc growth 3Y23.46%
ROICexc growth 5Y15.81%
OM growth 3Y16.37%
OM growth 5Y13.34%
PM growth 3Y23.88%
PM growth 5Y28.19%
GM growth 3Y4.69%
GM growth 5Y1.21%
F-Score8
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 2.62 | ||
| Debt/EBITDA | 1.19 | ||
| Cap/Depr | 45.88% | ||
| Cap/Sales | 2.06% | ||
| Interest Coverage | 7.64 | ||
| Cash Conversion | 62.01% | ||
| Profit Quality | 98.79% | ||
| Current Ratio | 2.43 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | 4.05 |
F-Score8
WACC8.5%
ROIC/WACC1.11
Cap/Depr(3y)51.17%
Cap/Depr(5y)43.71%
Cap/Sales(3y)2.14%
Cap/Sales(5y)2.17%
Profit Quality(3y)116.16%
Profit Quality(5y)585.56%
High Growth Momentum
Growth
EPS 1Y (TTM)3.3%
EPS 3Y29.28%
EPS 5Y20.83%
EPS Q2Q%64.71%
EPS Next Y0.06%
EPS Next 2Y7.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.71%
Revenue growth 3Y11.89%
Revenue growth 5Y5.37%
Sales Q2Q%5.03%
Revenue Next Year4.8%
Revenue Next 2Y5.65%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y3.9%
EBIT growth 3Y30.2%
EBIT growth 5Y19.43%
EBIT Next Year36.58%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-3.77%
FCF growth 3Y30.98%
FCF growth 5Y-2.46%
OCF growth 1Y-4.3%
OCF growth 3Y29.97%
OCF growth 5Y-2.25%