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Thermal Energy International Inc.TSXV:TMG Stock Report

Market Cap CA$24.8m
Share Price
CA$0.14
CA$0.3
51.7% undervalued intrinsic discount
1Y26.1%
7D3.6%
Portfolio Value
View

Thermal Energy International Inc.

TSXV:TMG Stock Report

Market Cap: CA$24.8m

Thermal Energy International (TMG) Stock Overview

Engages in the development, engineering, and supply of pollution control, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. More details

TMG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends0/6

TMG Community Fair Values

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See what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.

Thermal Energy International Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Thermal Energy International
Historical stock prices
Current Share PriceCA$0.14
52 Week HighCA$0.20
52 Week LowCA$0.10
Beta0.017
1 Month Change-3.33%
3 Month Change0%
1 Year Change26.09%
3 Year Change61.11%
5 Year Change-43.14%
Change since IPO-91.71%

Recent News & Updates

The Market Lifts Thermal Energy International Inc. (CVE:TMG) Shares 26% But It Can Do More

Jan 08
The Market Lifts Thermal Energy International Inc. (CVE:TMG) Shares 26% But It Can Do More

Recent updates

The Market Lifts Thermal Energy International Inc. (CVE:TMG) Shares 26% But It Can Do More

Jan 08
The Market Lifts Thermal Energy International Inc. (CVE:TMG) Shares 26% But It Can Do More

The Market Lifts Thermal Energy International Inc. (CVE:TMG) Shares 31% But It Can Do More

Jul 20
The Market Lifts Thermal Energy International Inc. (CVE:TMG) Shares 31% But It Can Do More

Some Confidence Is Lacking In Thermal Energy International Inc. (CVE:TMG) As Shares Slide 29%

Feb 06
Some Confidence Is Lacking In Thermal Energy International Inc. (CVE:TMG) As Shares Slide 29%

What You Can Learn From Thermal Energy International Inc.'s (CVE:TMG) P/S

Aug 19
What You Can Learn From Thermal Energy International Inc.'s (CVE:TMG) P/S

Thermal Energy International (CVE:TMG) Has A Pretty Healthy Balance Sheet

May 23
Thermal Energy International (CVE:TMG) Has A Pretty Healthy Balance Sheet

Thermal Energy International Inc. (CVE:TMG) Investors Are Less Pessimistic Than Expected

Apr 04
Thermal Energy International Inc. (CVE:TMG) Investors Are Less Pessimistic Than Expected

Is Thermal Energy International (CVE:TMG) Using Too Much Debt?

Sep 28
Is Thermal Energy International (CVE:TMG) Using Too Much Debt?

Is Thermal Energy International (CVE:TMG) Using Debt Sensibly?

Jun 12
Is Thermal Energy International (CVE:TMG) Using Debt Sensibly?

Does Thermal Energy International (CVE:TMG) Have A Healthy Balance Sheet?

Mar 14
Does Thermal Energy International (CVE:TMG) Have A Healthy Balance Sheet?

Is Thermal Energy International (CVE:TMG) A Risky Investment?

Jul 23
Is Thermal Energy International (CVE:TMG) A Risky Investment?

Does Thermal Energy International (CVE:TMG) Have A Healthy Balance Sheet?

Mar 10
Does Thermal Energy International (CVE:TMG) Have A Healthy Balance Sheet?

Most Shareholders Will Probably Find That The CEO Compensation For Thermal Energy International Inc. (CVE:TMG) Is Reasonable

Nov 16
Most Shareholders Will Probably Find That The CEO Compensation For Thermal Energy International Inc. (CVE:TMG) Is Reasonable

Is Thermal Energy International (CVE:TMG) Using Debt In A Risky Way?

Oct 11
Is Thermal Energy International (CVE:TMG) Using Debt In A Risky Way?

Is Thermal Energy International (CVE:TMG) Weighed On By Its Debt Load?

May 24
Is Thermal Energy International (CVE:TMG) Weighed On By Its Debt Load?

How Is Thermal Energy International's (CVE:TMG) CEO Paid Relative To Peers?

Feb 08
How Is Thermal Energy International's (CVE:TMG) CEO Paid Relative To Peers?

Is Thermal Energy International (CVE:TMG) Using Too Much Debt?

Dec 16
Is Thermal Energy International (CVE:TMG) Using Too Much Debt?

Shareholder Returns

TMGCA MachineryCA Market
7D3.6%8.5%2.0%
1Y26.1%38.5%41.9%

Return vs Industry: TMG underperformed the Canadian Machinery industry which returned 38.5% over the past year.

Return vs Market: TMG underperformed the Canadian Market which returned 41.9% over the past year.

Price Volatility

Is TMG's price volatile compared to industry and market?
TMG volatility
TMG Average Weekly Movement9.1%
Machinery Industry Average Movement7.6%
Market Average Movement11.0%
10% most volatile stocks in CA Market19.4%
10% least volatile stocks in CA Market3.9%

Stable Share Price: TMG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TMG's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991n/aBill Crosslandwww.thermalenergy.com

Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. The company offers GEM steam traps; FLUACE-ACE heat recovery, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; and DRY-REX biomass dryer, a low temperature biomass dryer. It also provides boiler feedwater economizer, vent condenser, boiler blowdown heat recovery, heat recovery steam generator, indirect contact condensing heat recovery, and air to air heat exchange.

Thermal Energy International Inc. Fundamentals Summary

How do Thermal Energy International's earnings and revenue compare to its market cap?
TMG fundamental statistics
Market capCA$24.79m
Earnings (TTM)CA$507.04k
Revenue (TTM)CA$29.68m
48.9x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TMG income statement (TTM)
RevenueCA$29.68m
Cost of RevenueCA$16.54m
Gross ProfitCA$13.14m
Other ExpensesCA$12.64m
EarningsCA$507.04k

Last Reported Earnings

Nov 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.003
Gross Margin44.29%
Net Profit Margin1.71%
Debt/Equity Ratio1.6%

How did TMG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/12 02:49
End of Day Share Price 2026/04/09 00:00
Earnings2025/11/30
Annual Earnings2025/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Thermal Energy International Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell StanleyBeacon Securities Limited