THR's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1,011.18 -- higher than 95.99% of US-listed equities with positive expected earnings growth.
With a year-over-year growth in debt of -12.17%, Thermon Group Holdings Inc's debt growth rate surpasses merely 21.63% of about US stocks.
As for revenue growth, note that THR's revenue has grown -27.12% over the past 12 months; that beats the revenue growth of just 13.21% of US companies in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Thermon Group Holdings Inc are TEX, CFX, ENV, QBAK, and KOSS.
Thermon Group Holdings provides highly engineered thermal solutions, known as heat tracing, for process industries, including energy, chemical processing and power generation. Thermon's products provide an external heat source to pipes, vessels and instruments for the purposes of freeze protection, temperature maintenance, environmental monitoring and surface snow and ice melting. The company was founded in 1954 and is based in San Marcos, Texas.
THR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for THR, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Thermon Group Holdings Inc ranked in the 33th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for THR, they are:
Its compound free cash flow growth rate, as measured over the past 5.44 years, is -0.01% -- higher than merely 22.87% of stocks in our DCF forecasting set.
Thermon Group Holdings Inc's weighted average cost of capital (WACC) is 10%; for context, that number is higher than 68.88% of tickers in our DCF set.
As a business, Thermon Group Holdings Inc experienced a tax rate of about 1% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than merely 20.61% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
ADT, AVY, TXT, UNP, and GWW can be thought of as valuation peers to THR, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
In this article we will analyze whether Thermon Group Holdings, Inc. (NYSE:THR) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their […]
Jay Peterson, our CFO, is with me and will provide additional information on our Q2 financial performance following my remarks. Since our Q1 call, the Thermon team has remained focused on the safety and security of our employees, customers, suppliers and the communities in which we live.