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Thermal Energy International TSXV:TMG Stock Report

Last Price

CA$0.25

Market Cap

CA$43.2m

7D

-7.4%

1Y

138.1%

Updated

02 Jun, 2024

Data

Company Financials +

Thermal Energy International Inc.

TSXV:TMG Stock Report

Market Cap: CA$43.2m

TMG Stock Overview

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

TMG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Thermal Energy International Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Thermal Energy International
Historical stock prices
Current Share PriceCA$0.25
52 Week HighCA$0.35
52 Week LowCA$0.08
Beta0.42
1 Month Change-3.85%
3 Month Change-5.66%
1 Year Change138.10%
3 Year Change38.89%
5 Year Change257.14%
Change since IPO-85.71%

Recent News & Updates

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

Recent updates

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
7D-7.4%1.6%-0.4%
1Y138.1%-11.8%11.4%

Return vs Industry: TMG exceeded the Canadian Machinery industry which returned -13.2% over the past year.

Return vs Market: TMG exceeded the Canadian Market which returned 10.5% over the past year.

Price Volatility

Is TMG's price volatile compared to industry and market?
TMG volatility
TMG Average Weekly Movement8.5%
Machinery Industry Average Movement9.5%
Market Average Movement8.8%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.0%

Stable Share Price: TMG's share price has been volatile over the past 3 months.

Volatility Over Time: TMG's weekly volatility (8%) 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 products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Its products include GEM steam traps; FLUACE, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; DRY-REX, a low temperature biomass dryer; boiler feedwater economizer; vent condenser; boiler blowdown heat recovery; Heat Recovery Steam Generator; indirect contact condensing heat recovery; air to air heat exchange; and sofame products. It serves food and beverage, pulp and paper, hospital, pharmaceutical, chemicals and petrochemicals, and other industry sectors.

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$43.18m
Earnings (TTM)CA$1.62m
Revenue (TTM)CA$26.56m

26.7x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TMG income statement (TTM)
RevenueCA$26.56m
Cost of RevenueCA$13.41m
Gross ProfitCA$13.15m
Other ExpensesCA$11.53m
EarningsCA$1.62m

Last Reported Earnings

Feb 29, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.0094
Gross Margin49.51%
Net Profit Margin6.09%
Debt/Equity Ratio85.4%

How did TMG perform over the long term?

See historical performance and comparison
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