THERMA BRIGHT INC (THRM.CA) Stock Fundamental Analysis

Canada - TSX Venture Exchange - TSX-V:THRM - CA8834262070 - Common Stock

0.07 CAD

0 (-6.67%)

Last: 1/27/2026, 7:00:00 PM

Fundamental Rating

Overall THRM gets a fundamental rating of 1 out of 10. We evaluated THRM against 16 industry peers in the Health Care Equipment & Supplies industry. THRM may be in some trouble as it scores bad on both profitability and health. THRM has a expensive valuation and it also scores bad on growth.

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1. Profitability

1.1 Basic Checks

THRM had negative earnings in the past year.
In the past year THRM has reported a negative cash flow from operations.
In the past 5 years THRM always reported negative net income.
THRM had a negative operating cash flow in each of the past 5 years.

1.2 Ratios

THRM has a worse Return On Assets (-1021.89%) than 75.00% of its industry peers.

		Industry Rank	Sector Rank
ROA	-1021.89%
ROE	N/A
ROIC	N/A

ROA(3y)-664.54%

ROA(5y)-504.92%

ROE(3y)N/A

ROE(5y)N/A

ROIC(3y)N/A

ROIC(5y)N/A

1.3 Margins

THRM has a Gross Margin of 65.43%. This is amongst the best in the industry. THRM outperforms 81.25% of its industry peers.
THRM's Gross Margin has improved in the last couple of years.
THRM does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.

		Industry Rank	Sector Rank
OM	N/A
PM (TTM)	N/A
GM	65.43%

OM growth 3YN/A

OM growth 5YN/A

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y14.49%

GM growth 5YN/A

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ROA

ROE

ROIC

Operating and Profit Margin

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2. Health

2.1 Basic Checks

THRM does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, THRM has more shares outstanding
Compared to 5 years ago, THRM has more shares outstanding
Compared to 1 year ago, THRM has a worse debt to assets ratio.

2.2 Solvency

Based on the Altman-Z score of -138.21, we must say that THRM is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -138.21, THRM is not doing good in the industry: 75.00% of the companies in the same industry are doing better.

		Industry Rank	Sector Rank
Debt/Equity	N/A
Debt/FCF	N/A
Altman-Z	-138.21

ROIC/WACCN/A

WACC9.15%

2.3 Liquidity

THRM has a Current Ratio of 0.19. This is a bad value and indicates that THRM is not financially healthy enough and could expect problems in meeting its short term obligations.
THRM has a worse Current ratio (0.19) than 62.50% of its industry peers.
THRM has a Quick Ratio of 0.19. This is a bad value and indicates that THRM is not financially healthy enough and could expect problems in meeting its short term obligations.
THRM has a Quick ratio of 0.12. This is in the lower half of the industry: THRM underperforms 62.50% of its industry peers.

		Industry Rank	Sector Rank
Current Ratio	0.19
Quick Ratio	0.12

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WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

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3. Growth

3.1 Past

The earnings per share for THRM have decreased strongly by -25.65% in the last year.
THRM shows a strong growth in Revenue. In the last year, the Revenue has grown by 98.94%.
Measured over the past years, THRM shows a very strong growth in Revenue. The Revenue has been growing by 84.07% on average per year.

EPS 1Y (TTM)-25.65%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%48.05%

Revenue 1Y (TTM)98.94%

Revenue growth 3Y-16.79%

Revenue growth 5Y84.07%

Sales Q2Q%-100%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.

EPS Next YN/A

EPS Next 2YN/A

EPS Next 3YN/A

EPS Next 5YN/A

Revenue Next YearN/A

Revenue Next 2YN/A

Revenue Next 3YN/A

Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.