THERMON GROUP HOLDINGS INC (THR)
US88362T1034 - Common Stock
Taking everything into account, THR scores 6 out of 10 in our fundamental rating. THR was compared to 86 industry peers in the Electrical Equipment industry. While THR has a great profitability rating, there are some minor concerns on its financial health. THR is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make THR suitable for growth 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.
Each year in the past 5 years THR has been profitable.
In the past 5 years THR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of THR (6.10%) is better than 80.95% of its industry peers.
With a decent Return On Equity value of 10.51%, THR is doing good in the industry, outperforming 78.57% of the companies in the same industry.
THR has a Return On Invested Capital of 8.01%. This is in the better half of the industry: THR outperforms 76.19% of its industry peers.
The Average Return On Invested Capital over the past 3 years for THR is significantly below the industry average of 10.40%.
The 3 year average ROIC (4.56%) for THR is below the current ROIC(8.01%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.1% | ||
| ROE | 10.51% | ||
| ROIC | 8.01% |
ROA(3y)2.83%
ROA(5y)2.78%
ROE(3y)4.44%
ROE(5y)4.67%
ROIC(3y)4.56%
ROIC(5y)4.68%
1.3 Margins
With an excellent Profit Margin value of 10.04%, THR belongs to the best of the industry, outperforming 84.52% of the companies in the same industry.
THR's Profit Margin has improved in the last couple of years.
The Operating Margin of THR (16.42%) is better than 89.29% of its industry peers.
THR's Operating Margin has improved in the last couple of years.
The Gross Margin of THR (43.04%) is better than 92.86% of its industry peers.
In the last couple of years the Gross Margin of THR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.42% | ||
| PM (TTM) | 10.04% | ||
| GM | 43.04% |
OM growth 3Y19.18%
OM growth 5Y6.38%
PM growth 3Y35.08%
PM growth 5Y14.68%
GM growth 3Y-0.1%
GM growth 5Y-2.05%
2. Health
2.1 Basic Checks
THR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, THR has more shares outstanding
THR has more shares outstanding than it did 5 years ago.
The debt/assets ratio for THR has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.68 indicates that THR is not in any danger for bankruptcy at the moment.
THR has a Altman-Z score of 3.68. This is in the better half of the industry: THR outperforms 71.43% of its industry peers.
THR has a debt to FCF ratio of 4.90. This is a neutral value as THR would need 4.90 years to pay back of all of its debts.
THR has a Debt to FCF ratio of 4.90. This is in the better half of the industry: THR outperforms 75.00% of its industry peers.
THR has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.42, THR perfoms like the industry average, outperforming 46.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 4.9 | ||
| Altman-Z | 3.68 |
ROIC/WACC0.77
WACC10.34%
2.3 Liquidity
THR has a Current Ratio of 2.22. This indicates that THR is financially healthy and has no problem in meeting its short term obligations.
THR has a Current ratio (2.22) which is in line with its industry peers.
THR has a Quick Ratio of 1.53. This is a normal value and indicates that THR is financially healthy and should not expect problems in meeting its short term obligations.
THR has a Quick ratio (1.53) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.53 |
3. Growth
3.1 Past
THR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.45%, which is quite impressive.
Measured over the past years, THR shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.27% on average per year.
Looking at the last year, THR shows a quite strong growth in Revenue. The Revenue has grown by 16.36% in the last year.
Measured over the past years, THR shows a small growth in Revenue. The Revenue has been growing by 7.38% on average per year.
EPS 1Y (TTM)29.45%
EPS 3Y28.81%
EPS 5Y20.27%
EPS growth Q2Q13.46%
Revenue 1Y (TTM)16.36%
Revenue growth 3Y4.74%
Revenue growth 5Y7.38%
Revenue growth Q2Q11.73%
3.2 Future
The Earnings Per Share is expected to grow by 11.66% on average over the next years. This is quite good.
THR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.55% yearly.
EPS Next Y16.54%
EPS Next 2Y12.17%
EPS Next 3Y11.66%
EPS Next 5YN/A
Revenue Next Year14.18%
Revenue Next 2Y13.21%
Revenue Next 3Y11.55%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 17.81, THR is valued on the expensive side.
THR's Price/Earnings ratio is a bit cheaper when compared to the industry. THR is cheaper than 79.76% of the companies in the same industry.
THR's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.05.
THR is valuated rather expensively with a Price/Forward Earnings ratio of 17.15.
Based on the Price/Forward Earnings ratio, THR is valued cheaper than 83.33% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.30. THR is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.81 | ||
| Fwd PE | 17.15 |
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 82.14% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, THR is valued a bit cheaper than 79.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.16 | ||
| EV/EBITDA | 12.77 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
THR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.08
PEG (5Y)0.88
EPS Next 2Y12.17%
EPS Next 3Y11.66%
5. Dividend
5.1 Amount
THR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
THERMON GROUP HOLDINGS INC
NYSE:THR (5/8/2024, 7:22:11 PM)
After market: 33.66 0 (0%)33.66
+0.18 (+0.54%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.13B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
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Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.81 | ||
| Fwd PE | 17.15 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.08
PEG (5Y)0.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.1% | ||
| ROE | 10.51% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 16.42% | ||
| PM (TTM) | 10.04% | ||
| GM | 43.04% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.53 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)29.45%
EPS 3Y28.81%
EPS 5Y
EPS growth Q2Q
EPS Next Y16.54%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)16.36%
Revenue growth 3Y4.74%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
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OCF growth 5Y