Gentherm Incorporated designs, develops, manufactures, and markets thermal management technologies.
Flawless balance sheet with moderate growth potential.
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.
7 Day Return
US Auto Components
1 Year Return
US Auto Components
Return vs Industry: THRM exceeded the US Auto Components industry which returned -16.9% over the past year.
Return vs Market: THRM matched the US Market which returned 10.5% over the past year.
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 week ago | Simply Wall StGentherm Incorporated (NASDAQ:THRM) Earns Among The Best Returns In Its Industry
2 weeks ago | Simply Wall StHere's Why Gentherm's (NASDAQ:THRM) Statutory Earnings Are Arguably Too Conservative
1 month ago | Simply Wall StGentherm (NASDAQ:THRM) Has A Pretty Healthy Balance Sheet
Is Gentherm undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: THRM ($44.99) is trading above our estimate of fair value ($42.58)
Significantly Below Fair Value: THRM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: THRM is poor value based on its PE Ratio (39.7x) compared to the Auto Components industry average (14.3x).
PE vs Market: THRM is poor value based on its PE Ratio (39.7x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: THRM is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: THRM is overvalued based on its PB Ratio (3.1x) compared to the US Auto Components industry average (1.2x).
How is Gentherm forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: THRM's forecast earnings growth (37.6% per year) is above the savings rate (1.7%).
Earnings vs Market: THRM's earnings (37.6% per year) are forecast to grow faster than the US market (13.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: THRM's revenue (2.9% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: THRM's revenue (2.9% 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 (15.5%).
How has Gentherm performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: THRM has a large one-off loss of $35.7M impacting its December 31 2019 financial results.
Growing Profit Margin: THRM's current net profit margins (3.9%) are lower than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: THRM's earnings have declined by -21.9% 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 (-10.5%) over the past year, making it difficult to compare to the Auto Components industry average (-2.2%).
Return on Equity
High ROE: THRM's Return on Equity (7.9%) is considered low.
How is Gentherm's financial position?
Financial Position Analysis
Short Term Liabilities: THRM's short term assets ($373.9M) exceed its short term liabilities ($156.7M).
Long Term Liabilities: THRM's short term assets ($373.9M) exceed its long term liabilities ($98.0M).
Debt to Equity History and Analysis
Debt Level: THRM's debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: THRM's debt to equity ratio has reduced from 33.4% to 17.1% over the past 5 years.
Debt Coverage: THRM's debt is well covered by operating cash flow (147.4%).
Interest Coverage: THRM's interest payments on its debt are well covered by EBIT (20.4x coverage).
Inventory Level: THRM has a high level of physical assets or inventory.
Debt Coverage by Assets: THRM's debt is covered by short term assets (assets are 4.6x debt).
What is Gentherm's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate THRM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate THRM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if THRM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if THRM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of THRM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Phil Eyler (48yo)
Mr. Phillip Eyler, also known as Phil, has been President and Chief Executive Officer of Gentherm Incorporated since December 4, 2017. Mr. Eyler has been an Executive Vice President and President of Connec ...
CEO Compensation Analysis
Compensation vs Market: Phil's total compensation ($USD2.40M) is below average for companies of similar size in the US market ($USD3.92M).
Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.
|Senior Vice President of Investor Relations||2yrs||US$1.06m||0.0031% $47.1k|
|Executive VP of Finance||1.1yrs||no data||0.025% $376.1k|
|Executive Vice President of Operations||0yrs||no data||no data|
|Senior VP & Chief Technology Officer||1.3yrs||no data||no data|
|VP & General Counsel||0.6yrs||no data||0.00061% $9.3k|
|Vice President of Strategy||1.1yrs||no data||no data|
|Senior VP & Chief Human Resources Officer||1.5yrs||no data||0.0025% $37.5k|
|Senior Vice President of Operations||1.7yrs||no data||0.053% $807.6k|
|Senior Vice President of Global Sales||1.3yrs||no data||0.016% $237.4k|
Experienced Management: THRM's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Director||13yrs||US$171.00k||0.067% $1.0m|
|Independent Chairman of the Board||2.8yrs||US$205.00k||0.067% $1.0m|
|Independent Director||1.5yrs||US$136.00k||0.013% $193.1k|
|Independent Director||1.8yrs||US$156.00k||0.016% $247.4k|
|Independent Director||4.1yrs||US$166.00k||0.033% $500.7k|
|Independent Director||4.1yrs||US$161.00k||0.038% $570.1k|
|Independent Director||7.8yrs||US$161.00k||0.062% $944.7k|
|Independent Director||7.1yrs||US$166.00k||0.051% $780.3k|
Experienced Board: THRM's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: THRM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gentherm Incorporated's company bio, employee growth, exchange listings and data sources
- Name: Gentherm Incorporated
- Ticker: THRM
- Exchange: NasdaqGS
- Founded: 1991
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$1.518b
- Shares outstanding: 32.80m
- Website: https://www.gentherm.com
Number of Employees
- Gentherm Incorporated
- 21680 Haggerty Road
- United States
|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|
Gentherm Incorporated designs, develops, manufactures, and markets thermal management technologies. The company operates through two segments, Automotive and Industrial. The Automotive segment offers climate comfort system solutions, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units that utilize proprietary electronics technology and software; and other climate comfort system solutions, including steering wheel heaters, neck conditioners, and climate control system products for door panels, armrests, cupholders, and storage bins. This segment also provides battery thermal management system solutions, which consist battery cooling modules for 12V and 48V automotive batteries; and automotive electronic and software systems, consisting electronic control units for climate and comfort system solutions and proprietary electronic control units for memory seat modules, as well as specialized automotive cable systems. This segment serves light vehicle original equipment manufacturers (OEMs), commercial vehicle OEMs, and automotive seat manufacturers, as well as aftermarket seat distributors and installers. The Industrial segment offers patient temperature management systems. The company provides its products and services in the United States, Germany, Canada, China, Hungary, Japan, Korea, North Macedonia, Malta, Mexico, the United Kingdom, Ukraine, and Vietnam. The company was formerly known as Amerigon Incorporated and changed its name to Gentherm Incorporated in September 2012. Gentherm Incorporated was incorporated in 1991 and is headquartered in Northville, Michigan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 00:19|
|End of Day Share Price||2020/02/25 00:00|
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.