8TG Stock Overview
Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Thermon Group Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$29.40 |
| 52 Week High | US$31.20 |
| 52 Week Low | US$18.40 |
| Beta | 1.17 |
| 1 Month Change | 0.68% |
| 3 Month Change | -0.68% |
| 1 Year Change | 58.92% |
| 3 Year Change | 86.08% |
| 5 Year Change | 23.97% |
| Change since IPO | 234.74% |
Recent News & Updates
Recent updates
Shareholder Returns
| 8TG | DE Electrical | DE Market | |
|---|---|---|---|
| 7D | 6.5% | 0.001% | 0.5% |
| 1Y | 58.9% | -13.4% | 1.3% |
Return vs Industry: 8TG exceeded the German Electrical industry which returned -13.4% over the past year.
Return vs Market: 8TG exceeded the German Market which returned 1.3% over the past year.
Price Volatility
| 8TG volatility | |
|---|---|
| 8TG Average Weekly Movement | 8.4% |
| Electrical Industry Average Movement | 4.9% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 10.2% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 8TG has not had significant price volatility in the past 3 months.
Volatility Over Time: 8TG's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1954 | 1,405 | Bruce Thames | www.thermon.com |
Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It provides heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services. The company also offers controls, monitoring, and software systems for the control and management of a heat trace system; environmental heating solutions under the Ruffneck, Norsemen, and Catadyne brands; process heating solutions under the Caloritech brand name; filtration solutions under the 3L Filters brand; and rail and transit solutions under the Hellfire, Velocity, ArcticSense, and other brand names.
Thermon Group Holdings, Inc. Fundamentals Summary
| 8TG fundamental statistics | |
|---|---|
| Market cap | €995.61m |
| Earnings (TTM) | €46.00m |
| Revenue (TTM) | €457.54m |
21.8x
P/E Ratio2.2x
P/S RatioIs 8TG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 8TG income statement (TTM) | |
|---|---|
| Revenue | US$489.46m |
| Cost of Revenue | US$274.46m |
| Gross Profit | US$215.00m |
| Other Expenses | US$165.80m |
| Earnings | US$49.21m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.46 |
| Gross Margin | 43.93% |
| Net Profit Margin | 10.05% |
| Debt/Equity Ratio | 45.4% |
How did 8TG perform over the long term?
See historical performance and comparison