THR Stock Overview
Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries worldwide.
Thermon Group Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$18.98|
|52 Week High||US$20.35|
|52 Week Low||US$13.26|
|1 Month Change||35.19%|
|3 Month Change||28.24%|
|1 Year Change||12.64%|
|3 Year Change||-13.85%|
|5 Year Change||17.89%|
|Change since IPO||54.56%|
Recent News & Updates
|THR||US Electrical||US Market|
Return vs Industry: THR exceeded the US Electrical industry which returned -17% over the past year.
Return vs Market: THR exceeded the US Market which returned -11.7% over the past year.
|THR Average Weekly Movement||4.6%|
|Electrical Industry Average Movement||11.6%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: THR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: THR's weekly volatility (5%) has been stable over the past year.
About the Company
Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries worldwide. Its products include electric heating products, such as air heaters and heating accessories, boilers and calorifiers, controlling and monitoring solutions, heat tracing systems, tank heating systems, thermostats, tubing bundles, and system accessories, as well as strip, tubular, immersion, and process heaters; and gas heating products, including enclosure and explosion proof gas catalytic heaters, gas fired blowers, and gas heating accessories that comprise regulators, valves, mounting brackets, and battery cables. The company also offers specialty products, which include CEMS and analytical systems, commercial construction products and services, control panels, engineered products, compressed gas scrubbing systems, temporary power solutions, and snow clearing devices for rail track and switch equipment; and steam heating solutions comprising heat transfer compounds, steam heated bundles, steam supply and condensate return lines, steam tracing solutions, steam trace accessories, and tank heating products.
Thermon Group Holdings Fundamentals Summary
|THR fundamental statistics|
Is THR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|THR income statement (TTM)|
|Cost of Revenue||US$230.61m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.81|
|Net Profit Margin||7.10%|
How did THR perform over the long term?See historical performance and comparison
Is THR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for THR?
Other financial metrics that can be useful for relative valuation.
|What is THR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does THR's PE Ratio compare to its peers?
|THR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
AMOT Allied Motion Technologies
POWL Powell Industries
PLPC Preformed Line Products
EAF GrafTech International
THR Thermon Group Holdings
Price-To-Earnings vs Peers: THR is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the peer average (22.4x).
Price to Earnings Ratio vs Industry
How does THR's PE Ratio compare vs other companies in the US Electrical Industry?
Price-To-Earnings vs Industry: THR is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the US Electrical industry average (21.4x)
Price to Earnings Ratio vs Fair Ratio
What is THR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||23.5x|
|Fair PE Ratio||17.5x|
Price-To-Earnings vs Fair Ratio: THR is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the estimated Fair Price-To-Earnings Ratio (17.5x).
Share Price vs Fair Value
What is the Fair Price of THR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: THR ($18.98) is trading above our estimate of fair value ($11.34)
Significantly Below Fair Value: THR is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
How is Thermon Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: THR's forecast earnings growth (19.7% per year) is above the savings rate (1.9%).
Earnings vs Market: THR's earnings (19.7% per year) are forecast to grow faster than the US market (14.4% per year).
High Growth Earnings: THR's earnings are forecast to grow, but not significantly.
Revenue vs Market: THR's revenue (5.3% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: THR's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if THR's Return on Equity is forecast to be high in 3 years time
Discover growth companies
How has Thermon Group Holdings performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: THR has high quality earnings.
Growing Profit Margin: THR's current net profit margins (7.1%) are higher than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: THR's earnings have declined by 5.9% per year over the past 5 years.
Accelerating Growth: THR's earnings growth over the past year (307.6%) exceeds its 5-year average (-5.9% per year).
Earnings vs Industry: THR earnings growth over the past year (307.6%) exceeded the Electrical industry 31.9%.
Return on Equity
High ROE: THR's Return on Equity (6.7%) is considered low.
Discover strong past performing companies
How is Thermon Group Holdings's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: THR's short term assets ($247.6M) exceed its short term liabilities ($112.7M).
Long Term Liabilities: THR's short term assets ($247.6M) exceed its long term liabilities ($148.0M).
Debt to Equity History and Analysis
Debt Level: THR's net debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: THR's debt to equity ratio has increased from 23.6% to 37.4% over the past 5 years.
Debt Coverage: THR's debt is well covered by operating cash flow (25.4%).
Interest Coverage: THR's interest payments on its debt are well covered by EBIT (10x coverage).
Discover healthy companies
What is Thermon Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate THR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate THR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if THR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if THR's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as THR has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bruce Thames (59 yo)
Mr. Bruce A. Thames has been the Chief Executive Officer and President of Thermon Group Holdings, Inc. since April 1, 2016. Mr. Thames served as the Chief Operating Officer and an Executive Vice President...
CEO Compensation Analysis
Compensation vs Market: Bruce's total compensation ($USD3.01M) is about average for companies of similar size in the US market ($USD3.92M).
Compensation vs Earnings: Bruce's compensation has increased by more than 20% in the past year.
Experienced Management: THR's management team is considered experienced (4.6 years average tenure).
Experienced Board: THR's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: THR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Thermon Group Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: Thermon Group Holdings, Inc.
- Ticker: THR
- Exchange: NYSE
- Founded: 1954
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: US$635.351m
- Shares outstanding: 33.47m
- Website: https://www.thermon.com
Number of Employees
- Thermon Group Holdings, Inc.
- Building 300
- Suite 200
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/12 00:00|
|End of Day Share Price||2022/08/12 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.