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8TG logo

Thermon Group Holdings DB:8TG Stock Report

Last Price

€27.60

Market Cap

€926.9m

7D

-8.0%

1Y

-6.1%

Updated

23 Dec, 2024

Data

Company Financials +

Thermon Group Holdings, Inc.

DB:8TG Stock Report

Market Cap: €926.9m

8TG Stock Overview

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. More details

8TG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Thermon Group Holdings, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Thermon Group Holdings
Historical stock prices
Current Share PriceUS$27.60
52 Week HighUS$32.80
52 Week LowUS$22.20
Beta1.1
1 Month Change-9.21%
3 Month Change4.55%
1 Year Change-6.12%
3 Year Change85.23%
5 Year Change16.95%
Change since IPO214.24%

Recent News & Updates

Recent updates

Shareholder Returns

8TGDE ElectricalDE Market
7D-8.0%-0.8%-2.0%
1Y-6.1%139.8%6.9%

Return vs Industry: 8TG underperformed the German Electrical industry which returned 139.8% over the past year.

Return vs Market: 8TG underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is 8TG's price volatile compared to industry and market?
8TG volatility
8TG Average Weekly Movement7.0%
Electrical Industry Average Movement5.6%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.3%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 8TG's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: 8TG's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
19541,416Bruce Thameswww.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 offers 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 provides 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; rail and transit solutions under the Hellfire, Velocity, ArcticSense, and other brand names; and boilers under the Vapor Power, Precision Boilers, and Caloritech brands.

Thermon Group Holdings, Inc. Fundamentals Summary

How do Thermon Group Holdings's earnings and revenue compare to its market cap?
8TG fundamental statistics
Market cap€926.87m
Earnings (TTM)€42.10m
Revenue (TTM)€473.31m

22.0x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8TG income statement (TTM)
RevenueUS$493.86m
Cost of RevenueUS$282.71m
Gross ProfitUS$211.14m
Other ExpensesUS$167.22m
EarningsUS$43.93m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.30
Gross Margin42.75%
Net Profit Margin8.89%
Debt/Equity Ratio33.7%

How did 8TG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:23
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Thermon Group Holdings, Inc. is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James WestBarclays
Charles BradyBMO Capital Markets Equity Research
Charles BradyBMO Capital Markets U.S. (Historical)