THORNE HEALTHTECH INC (THRN) Fundamental Analysis & Valuation

NASDAQ:THRN • US8852601090

Current stock price

10.19 USD
-0.01 (-0.1%)
At close:
10.17 USD
-0.02 (-0.2%)
After Hours:

This THRN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. THRN Profitability Analysis

1.1 Basic Checks

  • In the past year THRN was profitable.
  • In the past year THRN had a positive cash flow from operations.
THRN Yearly Net Income VS EBIT VS OCF VS FCFTHRN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 0 10M -10M -20M

1.2 Ratios

  • THRN has a better Return On Assets (7.20%) than 75.00% of its industry peers.
  • With a decent Return On Equity value of 13.21%, THRN is doing good in the industry, outperforming 75.00% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 4.69%, THRN is in line with its industry, outperforming 55.00% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for THRN is significantly below the industry average of 10.52%.
  • The last Return On Invested Capital (4.69%) for THRN is above the 3 year average (2.99%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 7.2%
ROE 13.21%
ROIC 4.69%
ROA(3y)2.02%
ROA(5y)N/A
ROE(3y)2.55%
ROE(5y)N/A
ROIC(3y)2.99%
ROIC(5y)N/A
THRN Yearly ROA, ROE, ROICTHRN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 0 -20 -40 -60

1.3 Margins

  • With a decent Profit Margin value of 7.94%, THRN is doing good in the industry, outperforming 70.00% of the companies in the same industry.
  • THRN has a Operating Margin (5.26%) which is in line with its industry peers.
  • THRN's Gross Margin of 50.15% is in line compared to the rest of the industry. THRN outperforms 47.50% of its industry peers.
  • In the last couple of years the Gross Margin of THRN has grown nicely.
Industry RankSector Rank
OM 5.26%
PM (TTM) 7.94%
GM 50.15%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.81%
GM growth 5YN/A
THRN Yearly Profit, Operating, Gross MarginsTHRN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 0 20 -20 40

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4

2. THRN Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), THRN is destroying value.
  • THRN has more shares outstanding than it did 1 year ago.
  • Compared to 1 year ago, THRN has a worse debt to assets ratio.
THRN Yearly Shares OutstandingTHRN Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 10M 20M 30M 40M 50M
THRN Yearly Total Debt VS Total AssetsTHRN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 50M 100M 150M 200M

2.2 Solvency

  • An Altman-Z score of 3.41 indicates that THRN is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.41, THRN is in the better half of the industry, outperforming 67.50% of the companies in the same industry.
  • A Debt/Equity ratio of 0.17 indicates that THRN is not too dependend on debt financing.
  • The Debt to Equity ratio of THRN (0.17) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.17
Debt/FCF N/A
Altman-Z 3.41
ROIC/WACC0.5
WACC9.44%
THRN Yearly LT Debt VS Equity VS FCFTHRN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 0 50M 100M

2.3 Liquidity

  • A Current Ratio of 2.41 indicates that THRN has no problem at all paying its short term obligations.
  • With a decent Current ratio value of 2.41, THRN is doing good in the industry, outperforming 70.00% of the companies in the same industry.
  • A Quick Ratio of 1.13 indicates that THRN should not have too much problems paying its short term obligations.
  • THRN's Quick ratio of 1.13 is in line compared to the rest of the industry. THRN outperforms 50.00% of its industry peers.
Industry RankSector Rank
Current Ratio 2.41
Quick Ratio 1.13
THRN Yearly Current Assets VS Current LiabilitesTHRN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 20M 40M 60M 80M 100M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. THRN Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 660.00% over the past year.
  • THRN shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.25%.
  • The Revenue has been growing by 30.66% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)660%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%172.73%
Revenue 1Y (TTM)23.25%
Revenue growth 3Y30.66%
Revenue growth 5YN/A
Sales Q2Q%29.69%

3.2 Future

  • THRN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 55.06% yearly.
  • Based on estimates for the next years, THRN will show a very strong growth in Revenue. The Revenue will grow by 21.84% on average per year.
EPS Next Y14.31%
EPS Next 2Y46.48%
EPS Next 3Y55.06%
EPS Next 5YN/A
Revenue Next Year23.62%
Revenue Next 2Y24.38%
Revenue Next 3Y21.84%
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
THRN Yearly Revenue VS EstimatesTHRN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
THRN Yearly EPS VS EstimatesTHRN Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

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4

4. THRN Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 26.82, which means the current valuation is very expensive for THRN.
  • THRN's Price/Earnings ratio is a bit cheaper when compared to the industry. THRN is cheaper than 65.00% of the companies in the same industry.
  • THRN's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.89.
  • The Price/Forward Earnings ratio is 16.38, which indicates a correct valuation of THRN.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of THRN indicates a somewhat cheap valuation: THRN is cheaper than 77.50% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 38.50. THRN is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 26.82
Fwd PE 16.38
THRN Price Earnings VS Forward Price EarningsTHRN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of THRN is on the same level as its industry peers.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 28.54
THRN Per share dataTHRN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates THRN does not grow enough to justify the current Price/Earnings ratio.
  • A more expensive valuation may be justified as THRN's earnings are expected to grow with 55.06% in the coming years.
PEG (NY)1.87
PEG (5Y)N/A
EPS Next 2Y46.48%
EPS Next 3Y55.06%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. THRN Dividend Analysis

5.1 Amount

  • THRN does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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THRN Fundamentals: All Metrics, Ratios and Statistics

THORNE HEALTHTECH INC

NASDAQ:THRN (10/13/2023, 8:22:18 PM)

After market: 10.17 -0.02 (-0.2%)

10.19

-0.01 (-0.1%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryPersonal Care Products
Earnings (Last)08-08
Earnings (Next)11-09
Inst Owners0.03%
Inst Owner Change0%
Ins Owners10.68%
Ins Owner Change0%
Market Cap550.67M
Revenue(TTM)255.95M
Net Income(TTM)20.33M
Analysts80
Price Target8.61 (-15.51%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-40.77%
Min EPS beat(2)-112.25%
Max EPS beat(2)30.72%
EPS beat(4)2
Avg EPS beat(4)-25.45%
Min EPS beat(4)-112.25%
Max EPS beat(4)30.72%
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)1
Avg Revenue beat(2)0.37%
Min Revenue beat(2)-3.4%
Max Revenue beat(2)4.13%
Revenue beat(4)1
Avg Revenue beat(4)-4.4%
Min Revenue beat(4)-9.72%
Max Revenue beat(4)4.13%
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)1.28%
PT rev (3m)20.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)5.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.81%
Valuation
Industry RankSector Rank
PE 26.82
Fwd PE 16.38
P/S 2.15
P/FCF N/A
P/OCF 25.59
P/B 3.58
P/tB 4.63
EV/EBITDA 28.54
EPS(TTM)0.38
EY3.73%
EPS(NY)0.62
Fwd EY6.11%
FCF(TTM)-0.28
FCFYN/A
OCF(TTM)0.4
OCFY3.91%
SpS4.74
BVpS2.85
TBVpS2.2
PEG (NY)1.87
PEG (5Y)N/A
Graham Number0 (-100%)
Profitability
Industry RankSector Rank
ROA 7.2%
ROE 13.21%
ROCE 5.95%
ROIC 4.69%
ROICexc 5.07%
ROICexgc 6.08%
OM 5.26%
PM (TTM) 7.94%
GM 50.15%
FCFM N/A
ROA(3y)2.02%
ROA(5y)N/A
ROE(3y)2.55%
ROE(5y)N/A
ROIC(3y)2.99%
ROIC(5y)N/A
ROICexc(3y)4.22%
ROICexc(5y)N/A
ROICexgc(3y)5.36%
ROICexgc(5y)N/A
ROCE(3y)3.82%
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 3Y4.81%
GM growth 5YN/A
F-Score5
Asset Turnover0.91
Health
Industry RankSector Rank
Debt/Equity 0.17
Debt/FCF N/A
Debt/EBITDA 1.31
Cap/Depr 590.87%
Cap/Sales 14.33%
Interest Coverage 19.78
Cash Conversion 109.39%
Profit Quality N/A
Current Ratio 2.41
Quick Ratio 1.13
Altman-Z 3.41
F-Score5
WACC9.44%
ROIC/WACC0.5
Cap/Depr(3y)158.15%
Cap/Depr(5y)N/A
Cap/Sales(3y)4.08%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)660%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%172.73%
EPS Next Y14.31%
EPS Next 2Y46.48%
EPS Next 3Y55.06%
EPS Next 5YN/A
Revenue 1Y (TTM)23.25%
Revenue growth 3Y30.66%
Revenue growth 5YN/A
Sales Q2Q%29.69%
Revenue Next Year23.62%
Revenue Next 2Y24.38%
Revenue Next 3Y21.84%
Revenue Next 5YN/A
EBIT growth 1Y1143.38%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year248.89%
EBIT Next 3Y103.9%
EBIT Next 5YN/A
FCF growth 1Y-266.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y78.29%
OCF growth 3YN/A
OCF growth 5YN/A

THORNE HEALTHTECH INC / THRN Fundamental Analysis FAQ

What is the ChartMill fundamental rating of THORNE HEALTHTECH INC (THRN) stock?

ChartMill assigns a fundamental rating of 4 / 10 to THRN.


What is the valuation status for THRN stock?

ChartMill assigns a valuation rating of 3 / 10 to THORNE HEALTHTECH INC (THRN). This can be considered as Overvalued.


What is the profitability of THRN stock?

THORNE HEALTHTECH INC (THRN) has a profitability rating of 4 / 10.


Can you provide the financial health for THRN stock?

The financial health rating of THORNE HEALTHTECH INC (THRN) is 4 / 10.


What is the earnings growth outlook for THORNE HEALTHTECH INC?

The Earnings per Share (EPS) of THORNE HEALTHTECH INC (THRN) is expected to grow by 14.31% in the next year.