Based on the analysis of Thermon Group's profitability, liquidity, and operating efficiency, Thermon Group Holdings may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Thermon Group's Retained Earnings Total Equity is relatively stable compared to the past year. As of 03/23/2025, Long Term Debt Total is likely to grow to about 138.6 M, while Short and Long Term Debt Total is likely to drop slightly above 161.1 M. Key indicators impacting Thermon Group's financial strength include:
The essential information of the day-to-day investment outlook for Thermon Group includes many different criteria found on its balance sheet. An individual investor should monitor Thermon Group's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Thermon Group.
Thermon Group competes with Hurco Companies, Enerpac Tool, Enpro Industries, Omega Flex, and Gorman Rupp. Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries worldwide. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas. Thermon Group operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 1227 people.
The reason investors look at the income statement is to determine what Thermon Group's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Thermon Group's current stock value. Our valuation model uses many indicators to compare Thermon Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thermon Group competition to find correlations between indicators driving Thermon Group's intrinsic value. More Info.
Thermon Group Holdings is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.60 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thermon Group Holdings is roughly 1.66 . At this time, Thermon Group's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Thermon Group by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Thermon Group Holdings Systematic Risk
Thermon Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thermon Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Thermon Group Holdings correlated with the market. If Beta is less than 0 Thermon Group generally moves in the opposite direction as compared to the market. If Thermon Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thermon Group Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thermon Group is generally in the same direction as the market. If Beta > 1 Thermon Group moves generally in the same direction as, but more than the movement of the benchmark.
Thermon Group Thematic Clasifications
Thermon Group Holdings is part of Electrical Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Electrical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Electrical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Thermon Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Thermon Group's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Thermon Group growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Thermon Group help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thermon Group Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thermon Group Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Thermon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thermon Group's daily price indicators and compare them against related drivers.
When running Thermon Group's price analysis, check to measure Thermon Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermon Group is operating at the current time. Most of Thermon Group's value examination focuses on studying past and present price action to predict the probability of Thermon Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermon Group's price. Additionally, you may evaluate how the addition of Thermon Group to your portfolios can decrease your overall portfolio volatility.