THERMAL ENERGY INTL INC (TMG.CA) Stock Fundamental Analysis
TSX-V:TMG - TSX Venture Exchange - CA88346B1031 - Common Stock - Currency: CAD
We assign a fundamental rating of 5 out of 10 to TMG. TMG was compared to 22 industry peers in the Machinery industry. TMG has an average financial health and profitability rating. TMG is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
TMG had negative earnings in the past year.
TMG had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: TMG reported negative net income in multiple years.
In multiple years TMG reported negative operating cash flow during the last 5 years.
1.2 Ratios
TMG's Return On Assets of 4.40% is amongst the best of the industry. TMG outperforms 95.45% of its industry peers.
The Return On Equity of TMG (15.22%) is better than 95.45% of its industry peers.
TMG has a better Return On Invested Capital (12.01%) than 95.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.4% | ||
| ROE | 15.22% | ||
| ROIC | 12.01% |
ROA(3y)-3.05%
ROA(5y)-5.12%
ROE(3y)-38.39%
ROE(5y)-39.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of TMG (1.95%) is better than 81.82% of its industry peers.
TMG's Profit Margin has improved in the last couple of years.
TMG has a Operating Margin of 3.24%. This is comparable to the rest of the industry: TMG outperforms 50.00% of its industry peers.
TMG's Gross Margin of 40.98% is amongst the best of the industry. TMG outperforms 95.45% of its industry peers.
In the last couple of years the Gross Margin of TMG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.24% | ||
| PM (TTM) | 1.95% | ||
| GM | 40.98% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y40.66%
PM growth 5YN/A
GM growth 3Y3.04%
GM growth 5Y1.9%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TMG is still creating some value.
Compared to 1 year ago, TMG has more shares outstanding
TMG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TMG has an improved debt to assets ratio.
2.2 Solvency
TMG has an Altman-Z score of 0.41. This is a bad value and indicates that TMG is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of TMG (0.41) is worse than 68.18% of its industry peers.
The Debt to FCF ratio of TMG is 4.44, which is a neutral value as it means it would take TMG, 4.44 years of fcf income to pay off all of its debts.
TMG has a better Debt to FCF ratio (4.44) than 77.27% of its industry peers.
A Debt/Equity ratio of 0.53 indicates that TMG is somewhat dependend on debt financing.
TMG has a Debt to Equity ratio (0.53) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 4.44 | ||
| Altman-Z | 0.41 |
ROIC/WACC1.3
WACC9.23%
2.3 Liquidity
TMG has a Current Ratio of 1.48. This is a normal value and indicates that TMG is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of TMG (1.48) is worse than 72.73% of its industry peers.
TMG has a Quick Ratio of 1.27. This is a normal value and indicates that TMG is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.27, TMG is doing good in the industry, outperforming 77.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
The earnings per share for TMG have decreased strongly by -64.08% in the last year.
The Earnings Per Share has been growing by 66.11% on average over the past years. This is a very strong growth
Looking at the last year, TMG shows a quite strong growth in Revenue. The Revenue has grown by 17.76% in the last year.
TMG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.19% yearly.
EPS 1Y (TTM)-64.08%
EPS 3Y66.11%
EPS 5YN/A
EPS Q2Q%-96.67%
Revenue 1Y (TTM)17.76%
Revenue growth 3Y19.02%
Revenue growth 5Y4.19%
Sales Q2Q%22.03%
3.2 Future
The Earnings Per Share is expected to grow by 138.60% on average over the next years. This is a very strong growth
Based on estimates for the next years, TMG will show a very strong growth in Revenue. The Revenue will grow by 39.32% on average per year.
EPS Next Y89.15%
EPS Next 2Y138.6%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year37.74%
Revenue Next 2Y39.32%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Forward Earnings ratio of 3.19, the valuation of TMG can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TMG indicates a rather cheap valuation: TMG is cheaper than 100.00% of the companies listed in the same industry.
TMG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 3.19 |
4.2 Price Multiples
77.27% of the companies in the same industry are more expensive than TMG, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TMG indicates a somewhat cheap valuation: TMG is cheaper than 68.18% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.97 | ||
| EV/EBITDA | 10.51 |
4.3 Compensation for Growth
TMG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of TMG may justify a higher PE ratio.
A more expensive valuation may be justified as TMG's earnings are expected to grow with 138.60% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y138.6%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for TMG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX-V:TMG (5/7/2025, 7:00:00 PM)
0.1
0 (-4.76%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners6.86%
Ins Owner ChangeN/A
Market Cap17.31M
Analysts84.44
Price Target0.31 (210%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)24.57%
DP18.14%
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)0%
PT rev (3m)-25%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 3.19 | ||
| P/S | 0.56 | ||
| P/FCF | 22.97 | ||
| P/OCF | 19.96 | ||
| P/B | 4.4 | ||
| P/tB | 5.13 | ||
| EV/EBITDA | 10.51 |
EPS(TTM)0
EYN/A
EPS(NY)0.03
Fwd EY31.31%
FCF(TTM)0
FCFY4.35%
OCF(TTM)0.01
OCFY5.01%
SpS0.18
BVpS0.02
TBVpS0.02
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.4% | ||
| ROE | 15.22% | ||
| ROCE | 16.68% | ||
| ROIC | 12.01% | ||
| ROICexc | 22.78% | ||
| ROICexgc | 27.69% | ||
| OM | 3.24% | ||
| PM (TTM) | 1.95% | ||
| GM | 40.98% | ||
| FCFM | 2.45% |
ROA(3y)-3.05%
ROA(5y)-5.12%
ROE(3y)-38.39%
ROE(5y)-39.79%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y40.66%
PM growth 5YN/A
GM growth 3Y3.04%
GM growth 5Y1.9%
F-Score6
Asset Turnover2.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 4.44 | ||
| Debt/EBITDA | 1.17 | ||
| Cap/Depr | 14.55% | ||
| Cap/Sales | 0.37% | ||
| Interest Coverage | 2.79 | ||
| Cash Conversion | 48.78% | ||
| Profit Quality | 125.87% | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.27 | ||
| Altman-Z | 0.41 |
F-Score6
WACC9.23%
ROIC/WACC1.3
Cap/Depr(3y)38.6%
Cap/Depr(5y)38.5%
Cap/Sales(3y)1.35%
Cap/Sales(5y)1.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-64.08%
EPS 3Y66.11%
EPS 5YN/A
EPS Q2Q%-96.67%
EPS Next Y89.15%
EPS Next 2Y138.6%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)17.76%
Revenue growth 3Y19.02%
Revenue growth 5Y4.19%
Sales Q2Q%22.03%
Revenue Next Year37.74%
Revenue Next 2Y39.32%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-62.63%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year61.52%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y355.58%
FCF growth 3YN/A
FCF growth 5Y58.83%
OCF growth 1Y460.71%
OCF growth 3YN/A
OCF growth 5Y56.76%