THERMON GROUP HOLDINGS INC (THR) Stock Fundamental Analysis
NYSE:THR - US88362T1034 - Common Stock
25.56 USD
-0.79 (-3%)
25.56 USD
0 (0%)
Overall THR gets a fundamental rating of 6 out of 10. We evaluated THR against 92 industry peers in the Electrical Equipment industry. THR gets an excellent profitability rating and is at the same time showing great financial health properties. THR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
THR had positive earnings in the past year.
In the past year THR had a positive cash flow from operations.
THR had positive earnings in each of the past 5 years.
Each year in the past 5 years THR had a positive operating cash flow.
1.2 Ratios
THR has a better Return On Assets (7.00%) than 84.78% of its industry peers.
THR has a Return On Equity of 10.52%. This is amongst the best in the industry. THR outperforms 81.52% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.74%, THR belongs to the top of the industry, outperforming 81.52% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for THR is in line with the industry average of 9.86%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7% | ||
| ROE | 10.52% | ||
| ROIC | 8.74% |
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
THR has a better Profit Margin (10.89%) than 86.96% of its industry peers.
In the last couple of years the Profit Margin of THR has grown nicely.
THR has a Operating Margin of 15.31%. This is amongst the best in the industry. THR outperforms 88.04% of its industry peers.
In the last couple of years the Operating Margin of THR has grown nicely.
THR has a Gross Margin of 44.82%. This is amongst the best in the industry. THR outperforms 91.30% of its industry peers.
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 | 15.31% | ||
| PM (TTM) | 10.89% | ||
| GM | 44.82% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so THR is still creating some value.
The number of shares outstanding for THR has been reduced compared to 1 year ago.
THR has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, THR has an improved debt to assets ratio.
2.2 Solvency
THR has an Altman-Z score of 3.90. This indicates that THR is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.90, THR is in the better half of the industry, outperforming 73.91% of the companies in the same industry.
The Debt to FCF ratio of THR is 2.65, which is a good value as it means it would take THR, 2.65 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.65, THR belongs to the top of the industry, outperforming 82.61% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that THR is not too dependend on debt financing.
THR has a Debt to Equity ratio of 0.24. This is comparable to the rest of the industry: THR outperforms 57.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 2.65 | ||
| Altman-Z | 3.9 |
ROIC/WACC1.07
WACC8.17%
2.3 Liquidity
A Current Ratio of 2.43 indicates that THR has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.43, THR is doing good in the industry, outperforming 69.57% of the companies in the same industry.
THR has a Quick Ratio of 1.49. This is a normal value and indicates that THR is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.49, THR is in line with its industry, outperforming 59.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.43 | ||
| Quick Ratio | 1.49 |
3. Growth
3.1 Past
THR shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.33%.
THR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.83% yearly.
The Revenue has decreased by -2.17% in the past year.
The Revenue has been growing slightly by 5.37% on average over the past years.
EPS 1Y (TTM)3.33%
EPS 3Y29.28%
EPS 5Y20.83%
EPS Q2Q%-5.26%
Revenue 1Y (TTM)-2.17%
Revenue growth 3Y11.89%
Revenue growth 5Y5.37%
Sales Q2Q%-5.41%
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 6.13% on average per year.
THR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.31% yearly.
EPS Next Y-0.61%
EPS Next 2Y6.13%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.04%
Revenue Next 2Y4.31%
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
Based on the Price/Earnings ratio of 13.74, the valuation of THR can be described as correct.
Based on the Price/Earnings ratio, THR is valued cheaply inside the industry as 91.30% of the companies are valued more expensively.
THR is valuated rather cheaply when we compare the Price/Earnings ratio to 27.06, which is the current average of the S&P500 Index.
THR is valuated correctly with a Price/Forward Earnings ratio of 12.07.
Based on the Price/Forward Earnings ratio, THR is valued cheaply inside the industry as 91.30% of the companies are valued more expensively.
THR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.74 | ||
| Fwd PE | 12.07 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of THR indicates a rather cheap valuation: THR is cheaper than 93.48% of the companies listed in the same industry.
THR's Price/Free Cash Flow ratio is rather cheap when compared to the industry. THR is cheaper than 90.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.11 | ||
| EV/EBITDA | 9.91 |
4.3 Compensation for Growth
The excellent profitability rating of THR may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.66
EPS Next 2Y6.13%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for THR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
25.56
-0.79 (-3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners98.78%
Inst Owner Change1.07%
Ins Owners2.44%
Ins Owner Change9.74%
Market Cap845.27M
Analysts80
Price Target33.66 (31.69%)
Short Float %1.1%
Short Ratio2
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)1
Avg EPS beat(2)4.4%
Min EPS beat(2)-0.99%
Max EPS beat(2)9.79%
EPS beat(4)3
Avg EPS beat(4)2.88%
Min EPS beat(4)-0.99%
Max EPS beat(4)9.79%
EPS beat(8)7
Avg EPS beat(8)11.68%
EPS beat(12)10
Avg EPS beat(12)21.36%
EPS beat(16)14
Avg EPS beat(16)25.2%
Revenue beat(2)0
Avg Revenue beat(2)-6.34%
Min Revenue beat(2)-12.01%
Max Revenue beat(2)-0.67%
Revenue beat(4)0
Avg Revenue beat(4)-4.8%
Min Revenue beat(4)-12.01%
Max Revenue beat(4)-0.67%
Revenue beat(8)2
Avg Revenue beat(8)-0.13%
Revenue beat(12)6
Avg Revenue beat(12)3.07%
Revenue beat(16)10
Avg Revenue beat(16)5.57%
PT rev (1m)-8.33%
PT rev (3m)-9.59%
EPS NQ rev (1m)-2.03%
EPS NQ rev (3m)-15.7%
EPS NY rev (1m)-0.67%
EPS NY rev (3m)-8.19%
Revenue NQ rev (1m)-1.86%
Revenue NQ rev (3m)-3.62%
Revenue NY rev (1m)-1.68%
Revenue NY rev (3m)-5.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.74 | ||
| Fwd PE | 12.07 | ||
| P/S | 1.72 | ||
| P/FCF | 16.11 | ||
| P/OCF | 13.81 | ||
| P/B | 1.66 | ||
| P/tB | 6.88 | ||
| EV/EBITDA | 9.91 |
EPS(TTM)1.86
EY7.28%
EPS(NY)2.12
Fwd EY8.28%
FCF(TTM)1.59
FCFY6.21%
OCF(TTM)1.85
OCFY7.24%
SpS14.88
BVpS15.4
TBVpS3.72
PEG (NY)N/A
PEG (5Y)0.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7% | ||
| ROE | 10.52% | ||
| ROCE | 11.54% | ||
| ROIC | 8.74% | ||
| ROICexc | 9.25% | ||
| ROICexgc | 24.46% | ||
| OM | 15.31% | ||
| PM (TTM) | 10.89% | ||
| GM | 44.82% | ||
| FCFM | 10.66% |
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-Score7
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 2.65 | ||
| Debt/EBITDA | 1.24 | ||
| Cap/Depr | 38.98% | ||
| Cap/Sales | 1.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 62.59% | ||
| Profit Quality | 97.89% | ||
| Current Ratio | 2.43 | ||
| Quick Ratio | 1.49 | ||
| Altman-Z | 3.9 |
F-Score7
WACC8.17%
ROIC/WACC1.07
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)3.33%
EPS 3Y29.28%
EPS 5Y20.83%
EPS Q2Q%-5.26%
EPS Next Y-0.61%
EPS Next 2Y6.13%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.17%
Revenue growth 3Y11.89%
Revenue growth 5Y5.37%
Sales Q2Q%-5.41%
Revenue Next Year3.04%
Revenue Next 2Y4.31%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-1.15%
EBIT growth 3Y30.2%
EBIT growth 5Y19.43%
EBIT Next Year30.87%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y41.39%
FCF growth 3Y30.98%
FCF growth 5Y-2.46%
OCF growth 1Y28.22%
OCF growth 3Y29.97%
OCF growth 5Y-2.25%