GENTHERM INC (THRM)
US37253A1034 - Common Stock
We assign a fundamental rating of 6 out of 10 to THRM. THRM was compared to 42 industry peers in the Automobile Components industry. THRM is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. THRM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
THRM had positive earnings in the past year.
THRM had a positive operating cash flow in the past year.
THRM had positive earnings in each of the past 5 years.
Each year in the past 5 years THRM had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.26%, THRM is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
THRM has a better Return On Equity (6.25%) than 61.90% of its industry peers.
With a decent Return On Invested Capital value of 7.67%, THRM is doing good in the industry, outperforming 66.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for THRM is in line with the industry average of 9.30%.
The last Return On Invested Capital (7.67%) for THRM is above the 3 year average (7.65%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.26% | ||
| ROE | 6.25% | ||
| ROIC | 7.67% |
ROA(3y)5.07%
ROA(5y)5.54%
ROE(3y)8.06%
ROE(5y)8.89%
ROIC(3y)7.65%
ROIC(5y)8.48%
1.3 Margins
The Profit Margin of THRM (2.74%) is better than 61.90% of its industry peers.
THRM's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 6.92%, THRM is doing good in the industry, outperforming 61.90% of the companies in the same industry.
THRM's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 23.93%, THRM is doing good in the industry, outperforming 69.05% of the companies in the same industry.
THRM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.92% | ||
| PM (TTM) | 2.74% | ||
| GM | 23.93% |
OM growth 3Y-12.7%
OM growth 5Y-3.67%
PM growth 3Y-25.11%
PM growth 5Y-7.23%
GM growth 3Y-6.58%
GM growth 5Y-3.82%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), THRM is destroying value.
Compared to 1 year ago, THRM has less shares outstanding
The number of shares outstanding for THRM has been reduced compared to 5 years ago.
The debt/assets ratio for THRM has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.15 indicates that THRM is not in any danger for bankruptcy at the moment.
THRM has a better Altman-Z score (4.15) than 88.10% of its industry peers.
The Debt to FCF ratio of THRM is 2.76, which is a good value as it means it would take THRM, 2.76 years of fcf income to pay off all of its debts.
THRM's Debt to FCF ratio of 2.76 is amongst the best of the industry. THRM outperforms 80.95% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that THRM is not too dependend on debt financing.
THRM has a better Debt to Equity ratio (0.34) than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 2.76 | ||
| Altman-Z | 4.15 |
ROIC/WACC0.7
WACC10.93%
2.3 Liquidity
A Current Ratio of 2.12 indicates that THRM has no problem at all paying its short term obligations.
The Current ratio of THRM (2.12) is comparable to the rest of the industry.
THRM has a Quick Ratio of 1.48. This is a normal value and indicates that THRM is financially healthy and should not expect problems in meeting its short term obligations.
THRM's Quick ratio of 1.48 is fine compared to the rest of the industry. THRM outperforms 73.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.12 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 42.62% over the past year.
The Earnings Per Share has been growing slightly by 4.25% on average over the past years.
The Revenue has grown by 21.94% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 6.98% on average over the past years.
EPS 1Y (TTM)42.62%
EPS 3Y4.61%
EPS 5Y4.25%
EPS growth Q2Q91.49%
Revenue 1Y (TTM)21.94%
Revenue growth 3Y17.18%
Revenue growth 5Y6.98%
Revenue growth Q2Q6.88%
3.2 Future
THRM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.58% yearly.
THRM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.44% yearly.
EPS Next Y10.47%
EPS Next 2Y18.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.97%
Revenue Next 2Y7.44%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.89, the valuation of THRM can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as THRM.
Compared to an average S&P500 Price/Earnings ratio of 24.55, THRM is valued at the same level.
Based on the Price/Forward Earnings ratio of 18.01, the valuation of THRM can be described as rather expensive.
THRM's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.92, THRM is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.89 | ||
| Fwd PE | 18.01 |
4.2 Price Multiples
THRM's Enterprise Value to EBITDA ratio is in line with the industry average.
THRM's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.3 | ||
| EV/EBITDA | 10.95 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates THRM does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of THRM may justify a higher PE ratio.
THRM's earnings are expected to grow with 18.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.9
PEG (5Y)4.68
EPS Next 2Y18.58%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for THRM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
GENTHERM INC
NASDAQ:THRM (5/1/2024, 7:25:42 PM)
After market: 51.92 0 (0%)51.92
+1.35 (+2.67%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.64B
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)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.89 | ||
| Fwd PE | 18.01 | ||
| 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)1.9
PEG (5Y)4.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.26% | ||
| ROE | 6.25% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 6.92% | ||
| PM (TTM) | 2.74% | ||
| GM | 23.93% | ||
| 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 Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.12 | ||
| Quick Ratio | 1.48 | ||
| 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)42.62%
EPS 3Y4.61%
EPS 5Y
EPS growth Q2Q
EPS Next Y10.47%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)21.94%
Revenue growth 3Y17.18%
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
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y