THERMON GROUP HOLDINGS INC (THR) Stock Fundamental Analysis
USA - NYSE:THR - US88362T1034 - Common Stock
26.58 USD
-0.06 (-0.23%)
26.58 USD
0 (0%)
THR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 92 industry peers in the Electrical Equipment industry. Both the health and profitability get an excellent rating, making THR a very profitable company, without any liquidiy or solvency issues. THR has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year THR was profitable.
In the past year THR had a positive cash flow from operations.
In the past 5 years THR has always been profitable.
THR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
THR has a Return On Assets of 7.00%. This is amongst the best in the industry. THR outperforms 84.78% of its industry peers.
THR's Return On Equity of 10.52% is amongst the best of the industry. THR outperforms 81.52% of its industry peers.
The Return On Invested Capital of THR (8.74%) is better than 81.52% of its industry peers.
THR had an Average Return On Invested Capital over the past 3 years of 8.99%. This 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
The Profit Margin of THR (10.89%) is better than 86.96% of its industry peers.
In the last couple of years the Profit Margin of THR has grown nicely.
With an excellent Operating Margin value of 15.31%, THR belongs to the best of the industry, outperforming 88.04% of the companies in the same industry.
THR's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 44.82%, THR belongs to the best of the industry, outperforming 91.30% 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 | 15.31% | ||
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), THR is creating some value.
THR has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, THR has more shares outstanding
The debt/assets ratio for THR has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.93 indicates that THR is not in any danger for bankruptcy at the moment.
The Altman-Z score of THR (3.93) is better than 72.83% of its industry peers.
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.
The Debt to FCF ratio of THR (2.65) is better than 83.70% of its industry peers.
A Debt/Equity ratio of 0.24 indicates that THR is not too dependend on debt financing.
THR has a Debt to Equity ratio (0.24) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 2.65 | ||
| Altman-Z | 3.93 |
ROIC/WACC1.05
WACC8.28%
2.3 Liquidity
THR has a Current Ratio of 2.43. This indicates that THR is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of THR (2.43) is better than 70.65% of its industry peers.
A Quick Ratio of 1.49 indicates that THR should not have too much problems paying its short term obligations.
THR's Quick ratio of 1.49 is fine compared to the rest of the industry. THR outperforms 60.87% of its industry peers.
| 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%.
Measured over the past years, THR shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.83% on average per year.
The Revenue has decreased by -2.17% in the past 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)3.33%
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
THR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.13% yearly.
Based on estimates for the next years, THR will show a small growth in Revenue. The Revenue will grow by 4.31% on average per year.
EPS Next Y-0.61%
EPS Next 2Y6.13%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.36%
Revenue Next 2Y4.31%
Revenue Next 3YN/A
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 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 14.29, 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's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.32.
The Price/Forward Earnings ratio is 12.55, which indicates a correct valuation of THR.
Based on the Price/Forward Earnings ratio, THR is valued cheaply inside the industry as 90.22% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of THR to the average of the S&P500 Index (22.89), we can say THR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.29 | ||
| Fwd PE | 12.55 |
4.2 Price Multiples
THR's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. THR is cheaper than 90.22% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, THR is valued cheaply inside the industry as 91.30% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.76 | ||
| EV/EBITDA | 10.01 |
4.3 Compensation for Growth
The excellent profitability rating of THR may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.69
EPS Next 2Y6.13%
EPS Next 3YN/A
5. Dividend
5.1 Amount
THR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
26.58
-0.06 (-0.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners99.99%
Inst Owner Change1.07%
Ins Owners2.45%
Ins Owner Change9.74%
Market Cap879.00M
Analysts80
Price Target33.66 (26.64%)
Short Float %1.13%
Short Ratio1.93
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)-8.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.61%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.33%
Revenue NQ rev (1m)-0.6%
Revenue NQ rev (3m)-2.8%
Revenue NY rev (1m)-0.66%
Revenue NY rev (3m)-3.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.29 | ||
| Fwd PE | 12.55 | ||
| P/S | 1.79 | ||
| P/FCF | 16.76 | ||
| P/OCF | 14.36 | ||
| P/B | 1.73 | ||
| P/tB | 7.15 | ||
| EV/EBITDA | 10.01 |
EPS(TTM)1.86
EY7%
EPS(NY)2.12
Fwd EY7.97%
FCF(TTM)1.59
FCFY5.97%
OCF(TTM)1.85
OCFY6.96%
SpS14.88
BVpS15.4
TBVpS3.72
PEG (NY)N/A
PEG (5Y)0.69
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 | 3.93 |
F-Score7
WACC8.28%
ROIC/WACC1.05
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 Year2.36%
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%