Gentherm
Market Cap
US$1.5b
Last Updated
2020/10/30 03:37 UTC
Data Sources
Company Financials +
Executive Summary
Gentherm Incorporated designs, develops, manufactures, and markets thermal management technologies. More Details
Rewards
PE ratio (42.6x) is below the Auto Components industry average (42.8x)
Risk Analysis
No risks detected for THRM from our risk checks.
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Gentherm's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: THRM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.4%
THRM
-4.7%
US Auto Components
-4.1%
US Market
1 Year Return
12.8%
THRM
1.0%
US Auto Components
12.0%
US Market
Return vs Industry: THRM exceeded the US Auto Components industry which returned 1% over the past year.
Return vs Market: THRM matched the US Market which returned 12% over the past year.
Shareholder returns
| THRM | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | -4.7% | -4.1% |
| 30 Day | 15.4% | 8.3% | -0.2% |
| 90 Day | 21.8% | 14.7% | 2.8% |
| 1 Year | 12.8%12.8% | 2.0%1.0% | 14.6%12.0% |
| 3 Year | 41.8%41.8% | -13.8%-23.3% | 35.8%26.8% |
| 5 Year | -1.5%-1.5% | 14.9%-4.0% | 75.2%55.6% |
Price Volatility Vs. Market
How volatile is Gentherm's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Gentherm Incorporated (NASDAQ:THRM) Looks Just Right2 months ago | Simply Wall St
We Think Gentherm's (NASDAQ:THRM) Statutory Profit Might Understate Its Earnings Potential2 months ago | Simply Wall St
Does Gentherm (NASDAQ:THRM) Have A Healthy Balance Sheet?Valuation
Is Gentherm undervalued compared to its fair value and its price relative to the market?
42.61x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: THRM ($47.21) is trading above our estimate of fair value ($29.36)
Significantly Below Fair Value: THRM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: THRM is good value based on its PE Ratio (42.6x) compared to the US Auto Components industry average (42.8x).
PE vs Market: THRM is poor value based on its PE Ratio (42.6x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: THRM is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: THRM is overvalued based on its PB Ratio (3x) compared to the US Auto Components industry average (1.7x).
Next Steps
Future Growth
How is Gentherm forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
50.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: THRM's forecast earnings growth (50.7% per year) is above the savings rate (2.2%).
Earnings vs Market: THRM's earnings (50.7% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: THRM's revenue (13.6% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: THRM's revenue (13.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: THRM's Return on Equity is forecast to be low in 3 years time (15.4%).
Next Steps
Past Performance
How has Gentherm performed over the past 5 years?
-26.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: THRM has high quality earnings.
Growing Profit Margin: THRM's current net profit margins (4.2%) are higher than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: THRM's earnings have declined by 26.1% per year over the past 5 years.
Accelerating Growth: THRM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: THRM had negative earnings growth (-8.8%) over the past year, making it difficult to compare to the Auto Components industry average (-15.1%).
Return on Equity
High ROE: THRM's Return on Equity (7.1%) is considered low.
Next Steps
Financial Health
How is Gentherm's financial position?
Financial Position Analysis
Short Term Liabilities: THRM's short term assets ($574.9M) exceed its short term liabilities ($190.6M).
Long Term Liabilities: THRM's short term assets ($574.9M) exceed its long term liabilities ($219.1M).
Debt to Equity History and Analysis
Debt Level: THRM's debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: THRM's debt to equity ratio has increased from 29.7% to 38.2% over the past 5 years.
Debt Coverage: THRM's debt is well covered by operating cash flow (55.3%).
Interest Coverage: THRM's interest payments on its debt are well covered by EBIT (16.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Gentherm current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate THRM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate THRM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if THRM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if THRM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of THRM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Phil Eyler (49 yo)
2.83yrs
Tenure
US$4,933,682
Compensation
Mr. Phillip M. Eyler, also known as Phil, has been President and Chief Executive Officer of Gentherm Incorporated since December 4, 2017. Mr. Eyler has been an Executive Vice President and President of Con ...
CEO Compensation Analysis
Compensation vs Market: Phil's total compensation ($USD4.93M) is about average for companies of similar size in the US market ($USD4.53M).
Compensation vs Earnings: Phil's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.83yrs | US$4.93m | 0.093% $ 1.4m | |
| Executive VP of Finance | 1.75yrs | US$2.72m | 0.0048% $ 74.2k | |
| Senior Vice President of Investor Relations | 2.58yrs | US$908.16k | 0.0081% $ 124.7k | |
| Senior VP & Chief Human Resources Officer | 2.17yrs | US$1.22m | 0.0074% $ 114.7k | |
| Senior Vice President of Global Sales | 1.92yrs | US$1.34m | 0.017% $ 256.5k | |
| Executive Vice President of Operations | no data | no data | no data | |
| Chief Accounting Officer | 0.33yr | no data | no data | |
| Senior VP & CTO | 0.50yr | no data | 0.0024% $ 37.2k | |
| VP, General Counsel & Secretary | 1.25yrs | no data | 0.0056% $ 85.9k | |
| Vice President of Strategy | 1.75yrs | no data | no data | |
| Senior VP & GM of Global Automotive | 1.08yrs | no data | 0.0059% $ 90.8k | |
| Senior VP | 0.92yr | no data | no data |
1.8yrs
Average Tenure
49yo
Average Age
Experienced Management: THRM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.83yrs | US$4.93m | 0.093% $ 1.4m | |
| Independent Director | 0.17yr | no data | 0.012% $ 191.9k | |
| Independent Director | 2.17yrs | US$186.00k | 0.026% $ 407.9k | |
| Independent Director | 2.42yrs | US$181.00k | 0.030% $ 463.3k | |
| Independent Director | 4.75yrs | US$191.00k | 0.047% $ 727.3k | |
| Independent Non Executive Chairman of the Board | 0.42yr | US$191.00k | 0.055% $ 848.1k | |
| Independent Director | 8.42yrs | US$186.00k | 0.077% $ 1.2m | |
| Independent Director | 7.75yrs | US$191.00k | 0.066% $ 1.0m |
2.6yrs
Average Tenure
54yo
Average Age
Experienced Board: THRM's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Gentherm Incorporated's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Gentherm Incorporated
- Ticker: THRM
- Exchange: NasdaqGS
- Founded: 1991
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$1.542b
- Shares outstanding: 32.65m
- Website: https://www.gentherm.com
Number of Employees
Location
- Gentherm Incorporated
- 21680 Haggerty Road
- Northville
- Michigan
- 48167
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| THRM | NasdaqGS (Nasdaq Global Select) | Yes | Common Shares | US | USD | Jun 1993 |
| QA4A | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jun 1993 |
Biography
Gentherm Incorporated designs, develops, manufactures, and markets thermal management technologies. The company operates through two segments, Automotive and Industrial. The Automotive segment offers clima ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/30 03:37 |
| End of Day Share Price | 2020/10/29 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.