-1.67%
-2.88%
4.81%
-7.15%
12.47%
58.53%
15.62%
AI Spotlight on THR
Company Description
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.In addition, it provides design engineering solutions that include design optimization studies, product selection assistance, and computer-generated drawing packages; energy audit services; procurement and project management services; procurement and project management services; turnkey construction installation; recurring facility assessment or audit; maintenance services; and technical support services.The company offers its solutions to chemical and petrochemical, oil and gas, power generation, rail and transit, commercial, transportation, food and beverage, pharmaceutical, and mineral processing industries, as well as data centers, semiconductor facilities, and other markets through a network of sales and service professionals, and distributors.
Thermon Group Holdings, Inc.was founded in 1954 and is headquartered in Austin, Texas.
Market Data
| Last Price | 27.68 |
| Change Percentage | -1.67% |
| Open | 28.22 |
| Previous Close | 28.15 |
| Market Cap ( Millions) | 932 |
| Volume | 203128 |
| Year High | 35.93 |
| Year Low | 24.11 |
| M A 50 | 30.03 |
| M A 200 | 30.28 |
Financial Ratios
| FCF Yield | 7.69% |
| Dividend Yield | 0.00% |
| ROE | 9.21% |
| Debt / Equity | 36.55% |
| Net Debt / EBIDTA | 150.76% |
| Price To Book | 1.91 |
| Price Earnings Ratio | 21.3 |
| Price To FCF | 13.0 |
| Price To sales | 1.46 |
| EV / EBITDA | 11.39 |
News
- Jan -30 - Thermon Schedules Third Quarter Fiscal 2025 Earnings Conference Call - February 6, 2025
- Jan -28 - Thor Energy focused on move into hydrogen and helium
- Jan -24 - 3 Instruments Stocks Likely to Beat Short-Term Industry Hardships
- Dec -09 - Thor Energy extends mineralisation at Colorado uranium target
- Dec -05 - Thor Energy appoints consultant to assess key hydrogen asset
- Dec -04 - Thor Energy relocates to WA, appoints new company secretary and non-exec
- Nov -25 - Thor Energy sees cash boost
- Nov -10 - Thermon Group Holdings Inc. (THR) Q2 2025 Earnings Call Transcript
- Nov -08 - CORRECTION FROM SOURCE: Thermon Reports Second Quarter Fiscal 2025 Results
- Nov -07 - Thermon Group (THR) Q2 Earnings Top Estimates
- Nov -07 - Thermon Reports Second Quarter Fiscal 2025 Results
- Nov -05 - Thor Energy starts new drill programme at Wedding Bell prospect
- Nov -02 - Thor Energy's Alastair Clayton tells Proactive why he's so excited about its white hydrogen acquisition - ICYMI
- Oct -31 - Thermon Schedules Second Quarter Fiscal 2025 Earnings Conference Call - November 7, 2024
- Oct -30 - 3 Instruments Stocks Set to Ride Against Industry Headwinds
- Oct -30 - Thor Energy agrees binding offer for Go Exploration
- Oct -28 - Thor Energy moves into helium and hydrogen with Aussie deal
- Oct -08 - Thor Energy MD retires as chair becomes executive
- Oct -04 - Thermon Boosts Portfolio With F.A.T.I. Buyout: Will Stock Gain?
- Oct -03 - Thermon Group: Warming Up To The Shares Again (Rating Upgrade)
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Highly Engineered Industrial Process Heating Solutions
Expected Growth : 10 %
What the company do ?
Thermon Group Holdings, Inc. offers highly engineered industrial process heating solutions, providing heat tracing, heating systems, and temperature control products for various industries.
Why we expect these perspectives ?
Thermon Group Holdings, Inc.'s highly engineered industrial process heating solutions drive 10% growth, fueled by increasing demand for energy efficiency, rising adoption of electrification in industrial processes, and growing need for reliable and precise temperature control in industries such as oil and gas, chemical processing, and power generation.
Thermon Group Holdings, Inc. Products
| Product Range | What is it ? |
|---|---|
| Heat Tracing Solutions | Thermon's heat tracing solutions provide reliable and efficient heat management for various industrial processes, ensuring optimal temperature control and process optimization. |
| Thermal Insulation Solutions | Thermon's thermal insulation solutions provide high-performance insulation for pipes, tanks, and equipment, reducing heat loss and energy consumption. |
| Electrical Heat Tracing Systems | Thermon's electrical heat tracing systems provide reliable and efficient heat management for various industrial applications, ensuring optimal temperature control and process optimization. |
| Steam Tracing Solutions | Thermon's steam tracing solutions provide efficient and reliable heat management for various industrial processes, ensuring optimal temperature control and process optimization. |
| Temperature Measurement and Control Systems | Thermon's temperature measurement and control systems provide accurate and reliable temperature monitoring and control for various industrial applications. |
Thermon Group Holdings, Inc.'s Porter Forces
Threat Of Substitutes
Thermon Group Holdings, Inc. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the availability of alternative heating solutions.
Bargaining Power Of Customers
Thermon Group Holdings, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often customized, making it difficult for customers to switch to alternative suppliers.
Bargaining Power Of Suppliers
Thermon Group Holdings, Inc. relies on a few key suppliers for raw materials, which gives them some bargaining power. However, the company's long-term relationships with suppliers and its diversified supply chain mitigate this risk.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the heat tracing and heating solutions market. New entrants would need to invest heavily in research and development, manufacturing, and marketing to compete with established players like Thermon Group Holdings, Inc.
Intensity Of Rivalry
The heat tracing and heating solutions market is highly competitive, with several established players competing for market share. Thermon Group Holdings, Inc. faces intense competition from companies like nVent Electric plc and Pentair plc.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 26.93% |
| Debt Cost | 3.95% |
| Equity Weight | 73.07% |
| Equity Cost | 9.74% |
| WACC | 8.18% |
| Leverage | 36.85% |
Thermon Group Holdings, Inc. : Quality Control
Thermon Group Holdings, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| PKOH | Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply … |
| TWIN | Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment worldwide. It operates through two segments, Manufacturing and Distribution. The company's products include marine transmissions, … |
| EPAC | Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, and internationally. … |
| HURC | Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company's principal products include general-purpose computerized machine … |
| GHM | Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. … |
Peers Metrics
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Enerpac Tool
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Graham
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Thermon
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Park-Ohio
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Hurco
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6
