Thermon Group Holdings Inc

Chart & Performance

D1W1MN

P/E

18.46

P/S

1.93

EPS

1.53

Div Yield, %

0.00%

Shrs. gr., 5y

0.61%

Rev. gr., 5y

3.69%

Revenues

495m

+12.27%

Net income

52m

+53.23%

CFO

66m

+14.28%

Earnings

Jan 30, 2025

Profile

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.

URL

https://www.thermon.com/

IPO date

May 05, 2011

Employees

1,405

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03	2015‑03
Income
Revenues	494,629 12.27%	440,590 23.87%	355,674 28.78%
Cost of revenue	416,984	499,831	408,383
Unusual Expense (Income)
NOPBT	77,645	(59,241)	(52,709)
NOPBT Margin	15.70%
Operating Taxes	16,086	15,567	8,333
Tax Rate	20.72%
NOPAT	61,559	(74,808)	(61,042)
Net income	51,588 53.23%	33,666 67.56%	20,092 2,190.99%
Dividends
Dividend yield
Proceeds from repurchase of equity	(2,308)	(643)	(576)
BB yield	0.21%	0.08%	0.11%
Debt
Debt current	22,898	28,086	11,553
Long-term debt	180,500	116,032	143,373
Deferred revenue
Other long-term liabilities	9,553	8,296	8,434
Net debt	154,767	108,457	113,481
Cash flow
Cash from operating activities	65,955	57,714	28,754
CAPEX	(11,016)	(9,453)	(5,220)
Cash from investing activities	(109,522)	(44,555)	(4,531)
Cash from financing activities	56,533	(13,465)	(22,658)
FCF	45,698	(73,192)	(65,646)
Balance
Cash	48,631	35,635	41,445
Long term investments		26
Excess cash	23,900	13,632	23,661
Stockholders' equity	231,582	179,128	164,655
Invested Capital	648,030	533,444	524,723
ROIC	10.42%
ROCE	11.40%
EV
Common stock shares outstanding	34,067	33,746	33,515
Price	32.72 31.30%	24.92 53.83%	16.20 -16.88%
Market cap	1,114,672 32.55%	840,949 54.89%	542,936 -16.45%
EV	1,269,439	949,406	656,417
EBITDA	96,482	(40,010)	(32,504)
EV/EBITDA	13.16
Interest	8,845	5,871	5,815
Interest/NOPBT	11.39%