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THERMA BRIGHT INC (THRM.CA) Stock Fundamental Analysis

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

0.05 CAD
0 (0%)
Last: 12/23/2025, 7:00:00 PM
Fundamental Rating

1

Taking everything into account, THRM scores 1 out of 10 in our fundamental rating. THRM was compared to 15 industry peers in the Health Care Equipment & Supplies industry. Both the profitability and financial health of THRM have multiple concerns. THRM has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year THRM has reported negative net income.
THRM had a negative operating cash flow in the past year.
THRM had negative earnings in each of the past 5 years.
In the past 5 years THRM always reported negative operating cash flow.
THRM.CA Yearly Net Income VS EBIT VS OCF VS FCFTHRM.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -2M -4M -6M -8M

1.2 Ratios

THRM has a Return On Assets of -1746.24%. This is amonst the worse of the industry: THRM underperforms 81.25% of its industry peers.
Industry RankSector Rank
ROA -1746.24%
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
THRM.CA Yearly ROA, ROE, ROICTHRM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50K -100K -150K -200K

1.3 Margins

THRM has a better Gross Margin (68.45%) than 87.50% of its industry peers.
In the last couple of years the Gross Margin of THRM has grown nicely.
The Profit Margin and Operating Margin are not available for THRM so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 68.45%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y14.49%
GM growth 5YN/A
THRM.CA Yearly Profit, Operating, Gross MarginsTHRM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50K -100K -150K -200K

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0

2. Health

2.1 Basic Checks

THRM does not have a ROIC to compare to the WACC, probably because it is not profitable.
THRM has more shares outstanding than it did 1 year ago.
THRM has more shares outstanding than it did 5 years ago.
THRM has a worse debt/assets ratio than last year.
THRM.CA Yearly Shares OutstandingTHRM.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
THRM.CA Yearly Total Debt VS Total AssetsTHRM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1M 2M 3M 4M

2.2 Solvency

THRM has an Altman-Z score of -229.56. This is a bad value and indicates that THRM is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -229.56, THRM is doing worse than 75.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -229.56
ROIC/WACCN/A
WACC7.74%
THRM.CA Yearly LT Debt VS Equity VS FCFTHRM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2M -2M

2.3 Liquidity

A Current Ratio of 0.11 indicates that THRM may have some problems paying its short term obligations.
THRM's Current ratio of 0.11 is on the low side compared to the rest of the industry. THRM is outperformed by 68.75% of its industry peers.
A Quick Ratio of 0.04 indicates that THRM may have some problems paying its short term obligations.
With a Quick ratio value of 0.04, THRM is not doing good in the industry: 87.50% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.11
Quick Ratio 0.04
THRM.CA Yearly Current Assets VS Current LiabilitesTHRM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1M 2M 3M

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3

3. Growth

3.1 Past

The earnings per share for THRM have decreased strongly by -50.39% in the last year.
The Revenue has grown by 103.55% in the past year. This is a very strong growth!
THRM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 84.07% yearly.
EPS 1Y (TTM)-50.39%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-41.25%
Revenue 1Y (TTM)103.55%
Revenue growth 3Y-16.79%
Revenue growth 5Y84.07%
Sales Q2Q%130.35%

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.
THRM.CA Yearly Revenue VS EstimatesTHRM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20K 40K 60K 80K 100K

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0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for THRM. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
THRM.CA Price Earnings VS Forward Price EarningsTHRM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
THRM.CA Per share dataTHRM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -0.02 -0.04 -0.06

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

No dividends for THRM!.
Industry RankSector Rank
Dividend Yield 0%

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THERMA BRIGHT INC

TSX-V:THRM (12/23/2025, 7:00:00 PM)

0.05

0 (0%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners7.49%
Ins Owner ChangeN/A
Market Cap2.84M
Revenue(TTM)80.20K
Net Income(TTM)-4.34M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 35.42
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-0.08
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0
FCFYN/A
OCF(TTM)0
OCFYN/A
SpS0
BVpS-0.03
TBVpS-0.03
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -1746.24%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 68.45%
FCFM 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
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y14.49%
GM growth 5YN/A
F-Score3
Asset Turnover0.32
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.11
Quick Ratio 0.04
Altman-Z -229.56
F-Score3
WACC7.74%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-50.39%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-41.25%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)103.55%
Revenue growth 3Y-16.79%
Revenue growth 5Y84.07%
Sales Q2Q%130.35%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-43.01%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y85.49%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y85.49%
OCF growth 3YN/A
OCF growth 5YN/A

THERMA BRIGHT INC / THRM.CA FAQ

What is the fundamental rating for THRM stock?

ChartMill assigns a fundamental rating of 1 / 10 to THRM.CA.


Can you provide the valuation status for THERMA BRIGHT INC?

ChartMill assigns a valuation rating of 0 / 10 to THERMA BRIGHT INC (THRM.CA). This can be considered as Overvalued.


How profitable is THERMA BRIGHT INC (THRM.CA) stock?

THERMA BRIGHT INC (THRM.CA) has a profitability rating of 1 / 10.