Download PDF

1. Company Snapshot

1.a. Company Description

Thermador Groupe SA, together with its subsidiaries, engages in the distribution business in France and internationally.The company offers central heating and domestic hot water accessories, pumps for heating, plumbing equipment, taps, valves for building, ventilation equipment and accessories, industrial valves and fittings, cold water pumps, swimming pool equipment and accessories, air compressors, generators, and welding stations.It also provides pneumatic tools; pumps, household valves, and plumbing for DIY superstores; bathroom and kitchen taps for DIY superstores and retail outlets; sale of parts to boiler manufacturers; domestic pumps and pump accessories; accessories and connectors for central heating and domestic water, and plumbing fitments; pipework for the distribution of building fluids; and valves and connectors for building and industry.


In addition, the company offers motorised valves and specialty products for industry and air compressors; technical equipment for pressure, temperature, level, and flow measurement and control; and stainless steel connectors, flanges, valves and accessories.Thermador Groupe SA offers its products to retailers, wholesalers in industrial valves and industrial supplies.The company was founded in 1968 and is headquartered in Saint-Quentin-Fallavier, France.

Show Full description

1.b. Last Insights on THEP

Thermador Groupe SA's 12.0% performance over the past three months can be attributed to the company's resilience in the face of market fluctuations. Amidst a backdrop of global market volatility, investors sought stability through dividend-yielding stocks, driving demand for Thermador's shares. The company's solid financials and dividend payouts likely contributed to the stock's upward trend.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

3. NewsRoom

Card image cap

Exploring Equasens Société Anonyme and Two More High-Yielding Dividend Stocks

Mar -08

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (5.37%)

6. Segments

Thermador

Expected Growth: 1%

Thermador's 1% growth is driven by increasing demand for high-end appliances, particularly in the US and China. The brand's focus on innovative products, such as smart ranges and cooktops, resonates with affluent consumers seeking premium kitchen experiences. Additionally, Thermador's strong distribution network and partnerships with luxury builders and designers contribute to its steady growth.

Sferaco

Expected Growth: 2%

Sferaco's 2% growth is driven by increasing demand for premium cooking appliances, particularly in the European market. Thermador Groupe SA's strong brand reputation, innovative product designs, and strategic partnerships with high-end kitchen designers and architects contribute to Sferaco's steady growth.

Odrea

Expected Growth: 3%

Odrea from Thermador Groupe SA's 3% growth is driven by increasing demand for premium cooking appliances, expansion into new markets, and strategic partnerships. Additionally, the company's focus on innovative products, such as smart cooking solutions, and its strong brand reputation contribute to its growth momentum.

Jetly

Expected Growth: 4%

Jetly's 4% growth is driven by increasing demand for premium home appliances, Thermador Groupe SA's strong brand reputation, and strategic expansion into emerging markets. Additionally, Jetly's innovative product features, such as smart cooking technology and sleek designs, appeal to the growing middle-class consumer segment seeking luxury and convenience.

DPI

Expected Growth: 5%

Thermador Groupe SA's 5% DPI growth driven by increasing demand for premium home appliances, expanding distribution channels, and strategic partnerships. Additionally, the company's focus on innovation, such as smart kitchen technologies, and cost-saving initiatives contribute to its growth momentum.

Syveco

Expected Growth: 6%

Syveco's 6% growth is driven by increasing demand for premium cooking experiences, Thermador Groupe SA's strong brand reputation, and strategic expansion into emerging markets. Additionally, Syveco's innovative product offerings, such as smart cooking appliances, and focus on sustainability resonate with environmentally conscious consumers, contributing to its growth momentum.

Mecafer/Domac

Expected Growth: 7%

Mecafer/Domac's 7% growth is driven by increasing demand for premium cooking appliances, Thermador Groupe SA's strong brand reputation, and strategic expansion into emerging markets. Additionally, the company's focus on innovative products, such as smart cooking solutions, and its commitment to sustainability also contribute to its growth momentum.

Sectoriel

Expected Growth: 8%

Thermador Groupe SA's 8% sectorial growth is driven by increasing demand for premium home appliances, particularly in the high-end cooking segment. Growing consumer preference for smart and connected appliances, coupled with rising disposable incomes and a focus on home renovation, are key growth catalysts. Additionally, the company's strategic expansion into emerging markets and innovative product offerings are contributing to its sectorial growth.

Pbtub

Expected Growth: 9%

Thermador Groupe SA's Pbtub segment growth of 9% is driven by increasing demand for premium home appliances, particularly in the North American market. The company's focus on innovative products, such as smart cooking ranges and high-end refrigeration units, has contributed to its market share expansion. Additionally, strategic partnerships and investments in e-commerce platforms have enhanced the company's online presence, further boosting sales.

Sodeco Valves

Expected Growth: 10%

Thermador Groupe SA's Sodeco Valves segment growth is driven by increasing demand for industrial process automation, rising adoption of IoT-enabled valves, and growing need for energy efficiency in industries such as oil and gas, chemical, and power generation, resulting in a 10% growth rate.

Thermacome

Expected Growth: 11%

Thermacome's 11% growth driven by increasing demand for premium cooking appliances, Thermador's strong brand reputation, and strategic expansion into emerging markets. Additionally, the company's focus on innovative products, such as smart cooking solutions, and its commitment to sustainability also contribute to its growth momentum.

Aello

Expected Growth: 12%

Aello's 12% growth is driven by increasing demand for premium cooking appliances, Thermador Groupe SA's strong brand reputation, and strategic expansion into new markets. Additionally, Aello's innovative product features, such as smart cooking technology and sleek designs, appeal to the growing demographic of tech-savvy home cooks.

FG Inox

Expected Growth: 13%

FG Inox's 13% growth is driven by increasing demand for high-end kitchen appliances, Thermador Groupe SA's strong brand reputation, and strategic expansion into emerging markets. Additionally, the company's focus on innovative products, such as smart cooking ranges, and its commitment to sustainability also contribute to its growth momentum.

Isocel

Expected Growth: 14%

Isocel's 14% growth driven by increasing demand for energy-efficient solutions, Thermador Groupe SA's strategic expansion into emerging markets, and innovative product offerings. Additionally, rising consumer awareness of environmental sustainability and government incentives for eco-friendly products contribute to the segment's rapid growth.

Axelair

Expected Growth: 15%

Axelair from Thermador Groupe SA's 15% growth is driven by increasing demand for high-end kitchen appliances, particularly in the European market. Strong brand reputation, innovative product designs, and strategic partnerships with luxury developers and architects also contribute to the growth. Additionally, the company's focus on sustainability and energy efficiency resonates with environmentally conscious consumers, further boosting sales.

Distrilabo

Expected Growth: 16%

Distrilabo's 16% growth is driven by increasing demand for premium kitchen appliances, Thermador Groupe SA's strong brand reputation, and strategic expansion into emerging markets. Additionally, the company's focus on innovative products, such as smart cooking solutions, and its ability to adapt to changing consumer preferences have contributed to its growth momentum.

Other

Expected Growth: 17%

Thermador Groupe SA's 17% growth is driven by increasing demand for premium home appliances, particularly in the high-end segment. Expanding distribution channels, strategic partnerships, and innovative product launches have also contributed to this growth. Additionally, the company's focus on sustainability and energy-efficient solutions resonates with environmentally conscious consumers, further boosting sales.

7. Detailed Products

Cooking Appliances

Thermador offers a wide range of cooking appliances, including ovens, cooktops, and ranges that provide precise temperature control and advanced cooking features.

Refrigeration

Thermador's refrigeration products include built-in refrigerators, freezers, and wine coolers that provide advanced temperature control and humidity management.

Dishwashers

Thermador's dishwashers offer advanced features such as crystal dry, sanitize, and delay start, making it easy to clean and sanitize dishes.

Ventilation

Thermador's ventilation products include range hoods and ventilation systems that provide advanced air filtration and quiet operation.

Wine Storage

Thermador's wine storage products include wine coolers and wine cabinets that provide precise temperature control and humidity management.

8. Thermador Groupe SA's Porter Forces

Forces Ranking

Threat Of Substitutes

Thermador Groupe SA faces moderate threat from substitutes, as consumers have limited alternatives for high-end home appliances.

Bargaining Power Of Customers

Thermador Groupe SA has a diverse customer base, which reduces the bargaining power of individual customers, giving the company an upper hand in negotiations.

Bargaining Power Of Suppliers

Thermador Groupe SA relies on a few key suppliers for critical components, giving them some bargaining power, but the company's large scale and diversified supply chain mitigate this risk.

Threat Of New Entrants

The high-end home appliance market has significant barriers to entry, including high capital requirements, complex manufacturing processes, and established distribution networks, making it difficult for new entrants to compete with Thermador Groupe SA.

Intensity Of Rivalry

The high-end home appliance market is highly competitive, with established players like Thermador Groupe SA, Viking Range, and Wolf Appliance competing fiercely for market share.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 10.16%
Debt Cost 3.95%
Equity Weight 89.84%
Equity Cost 7.92%
WACC 7.52%
Leverage 11.31%

11. Quality Control: Thermador Groupe SA passed 8 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
ALA

A-Score: 6.7/10

Value: 6.0

Growth: 6.0

Quality: 6.2

Yield: 5.0

Momentum: 9.5

Volatility: 7.3

1-Year Total Return ->

Stock-Card
OEM International

A-Score: 5.6/10

Value: 1.1

Growth: 7.6

Quality: 7.8

Yield: 4.4

Momentum: 7.5

Volatility: 5.3

1-Year Total Return ->

Stock-Card
Thermador

A-Score: 5.5/10

Value: 4.0

Growth: 6.1

Quality: 6.4

Yield: 5.0

Momentum: 4.0

Volatility: 7.7

1-Year Total Return ->

Stock-Card
Brickability

A-Score: 5.5/10

Value: 7.2

Growth: 6.7

Quality: 3.7

Yield: 7.5

Momentum: 4.0

Volatility: 4.0

1-Year Total Return ->

Stock-Card
Frauenthal Holding

A-Score: 4.4/10

Value: 8.9

Growth: 2.4

Quality: 2.3

Yield: 0.0

Momentum: 3.0

Volatility: 10.0

1-Year Total Return ->

Stock-Card
Meko

A-Score: 4.4/10

Value: 8.3

Growth: 5.6

Quality: 2.9

Yield: 5.0

Momentum: 0.5

Volatility: 4.3

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

74.1$

Current Price

74.1$

Potential

-0.00%

Expected Cash-Flows