Thermon Group Holdings Stock Five Year Return

THR Stock

USD 31.56 0.14 0.44%

Thermon Group Holdings fundamentals help investors to digest information that contributes to Thermon Group's financial success or failures. It also enables traders to predict the movement of Thermon Stock. The fundamental analysis module provides a way to measure Thermon Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thermon Group stock.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Thermon Group Holdings Company Five Year Return Analysis

Thermon Group's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Five Year Return

(Mean of Monthly Returns - 1)

X

100%

More About Five Year Return | All Equity Analysis

Thermon Five Year Return Driver Correlations

Understanding the fundamental principles of building solid financial models for Thermon Group is extremely important. It helps to project a fair market value of Thermon Stock properly, considering its historical fundamentals such as Five Year Return. Since Thermon Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Thermon Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Thermon Group's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Total Current Assets	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Short Term Debt	Common Stock	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.93	0.62	0.79	0.85	0.6	0.93	0.98	0.63	0.9	0.51	0.89	0.24	-0.29	0.8	0.53	0.4	0.83	-0.56	-0.67	-0.55	0.21	0.02	0.17
Total Stockholder Equity	0.93		0.31	0.83	0.84	0.31	0.84	0.93	0.37	0.96	0.32	0.83	0.09	-0.21	0.86	0.74	0.09	0.87	-0.7	-0.76	-0.4	0.17	0.0	0.13
Net Debt	0.62	0.31		0.34	0.41	0.9	0.67	0.63	0.74	0.27	0.5	0.65	0.43	-0.28	0.19	-0.2	0.84	0.32	0.11	-0.22	-0.63	0.11	0.09	0.12
Retained Earnings	0.79	0.83	0.34		0.75	0.3	0.78	0.81	0.36	0.85	0.09	0.75	0.31	-0.19	0.8	0.84	0.12	0.93	-0.71	-0.78	-0.31	0.38	-0.38	0.57
Accounts Payable	0.85	0.84	0.41	0.75		0.37	0.85	0.87	0.6	0.83	0.28	0.74	0.23	-0.15	0.68	0.57	0.18	0.8	-0.54	-0.55	-0.31	0.18	0.03	0.17
Long Term Debt	0.6	0.31	0.9	0.3	0.37		0.63	0.57	0.7	0.32	0.61	0.63	0.24	-0.58	0.29	-0.2	0.94	0.28	0.05	-0.3	-0.61	0.13	0.15	0.14
Net Receivables	0.93	0.84	0.67	0.78	0.85	0.63		0.93	0.67	0.87	0.32	0.9	0.18	-0.27	0.67	0.46	0.48	0.76	-0.51	-0.69	-0.7	0.13	0.07	0.12
Good Will	0.98	0.93	0.63	0.81	0.87	0.57	0.93		0.59	0.87	0.42	0.91	0.26	-0.24	0.75	0.53	0.36	0.85	-0.52	-0.66	-0.53	0.2	0.02	0.16
Total Liab	0.63	0.37	0.74	0.36	0.6	0.7	0.67	0.59		0.41	0.53	0.45	0.47	-0.06	0.34	-0.02	0.57	0.4	-0.15	-0.09	-0.44	0.27	0.08	0.2
Total Current Assets	0.9	0.96	0.27	0.85	0.83	0.32	0.87	0.87	0.41		0.26	0.78	0.05	-0.26	0.85	0.76	0.12	0.86	-0.78	-0.81	-0.46	0.21	0.0	0.16
Intangible Assets	0.51	0.32	0.5	0.09	0.28	0.61	0.32	0.42	0.53	0.26		0.23	0.37	-0.24	0.46	-0.15	0.48	0.15	0.11	0.0	-0.34	0.27	0.05	0.15
Property Plant Equipment	0.89	0.83	0.65	0.75	0.74	0.63	0.9	0.91	0.45	0.78	0.23		0.05	-0.47	0.64	0.45	0.51	0.72	-0.48	-0.78	-0.57	-0.04	0.07	0.06
Current Deferred Revenue	0.24	0.09	0.43	0.31	0.23	0.24	0.18	0.26	0.47	0.05	0.37	0.05		0.3	0.14	0.04	0.09	0.31	0.03	0.06	-0.02	0.63	-0.3	0.6
Short Term Debt	-0.29	-0.21	-0.28	-0.19	-0.15	-0.58	-0.27	-0.24	-0.06	-0.26	-0.24	-0.47	0.3		-0.34	-0.03	-0.64	-0.07	0.11	0.5	0.16	0.26	-0.08	-0.03
Common Stock	0.8	0.86	0.19	0.8	0.68	0.29	0.67	0.75	0.34	0.85	0.46	0.64	0.14	-0.34		0.76	0.11	0.74	-0.63	-0.67	-0.23	0.24	-0.27	0.42
Net Tangible Assets	0.53	0.74	-0.2	0.84	0.57	-0.2	0.46	0.53	-0.02	0.76	-0.15	0.45	0.04	-0.03	0.76		-0.37	0.8	-0.81	-0.68	0.05	0.3	-0.35	0.45
Long Term Debt Total	0.4	0.09	0.84	0.12	0.18	0.94	0.48	0.36	0.57	0.12	0.48	0.51	0.09	-0.64	0.11	-0.37		0.02	0.2	-0.22	-0.61	-0.12	0.09	0.05
Capital Surpluse	0.83	0.87	0.32	0.93	0.8	0.28	0.76	0.85	0.4	0.86	0.15	0.72	0.31	-0.07	0.74	0.8	0.02		-0.7	-0.67	-0.24	0.52	-0.15	0.43
Deferred Long Term Liab	-0.56	-0.7	0.11	-0.71	-0.54	0.05	-0.51	-0.52	-0.15	-0.78	0.11	-0.48	0.03	0.11	-0.63	-0.81	0.2	-0.7		0.74	0.1	-0.16	0.15	-0.2
Short Long Term Debt	-0.67	-0.76	-0.22	-0.78	-0.55	-0.3	-0.69	-0.66	-0.09	-0.81	0.0	-0.78	0.06	0.5	-0.67	-0.68	-0.22	-0.67	0.74		0.37	0.0	0.08	-0.16
Cash And Equivalents	-0.55	-0.4	-0.63	-0.31	-0.31	-0.61	-0.7	-0.53	-0.44	-0.46	-0.34	-0.57	-0.02	0.16	-0.23	0.05	-0.61	-0.24	0.1	0.37		0.05	-0.08	0.12
Net Invested Capital	0.21	0.17	0.11	0.38	0.18	0.13	0.13	0.2	0.27	0.21	0.27	-0.04	0.63	0.26	0.24	0.3	-0.12	0.52	-0.16	0.0	0.05		-0.12	0.65
Net Working Capital	0.02	0.0	0.09	-0.38	0.03	0.15	0.07	0.02	0.08	0.0	0.05	0.07	-0.3	-0.08	-0.27	-0.35	0.09	-0.15	0.15	0.08	-0.08	-0.12		-0.72
Capital Stock	0.17	0.13	0.12	0.57	0.17	0.14	0.12	0.16	0.2	0.16	0.15	0.06	0.6	-0.03	0.42	0.45	0.05	0.43	-0.2	-0.16	0.12	0.65	-0.72

Click cells to compare fundamentals

Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.

Competition

Predict Thermon Group

Thermon Return On Tangible Assets

Return On Tangible Assets

0.1

At this time, Thermon Group's Return On Tangible Assets are relatively stable compared to the past year.

According to the company disclosure, Thermon Group Holdings has a Five Year Return of 0.0%. This indicator is about the same for the Electrical Equipment average (which is currently at 0.0) sector and about the same as Industrials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Thermon Five Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thermon Group's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thermon Group could also be used in its relative valuation, which is a method of valuing Thermon Group by comparing valuation metrics of similar companies.

Thermon Group is currently under evaluation in five year return category among its peers.

Thermon Group Current Valuation Drivers

We derive many important indicators used in calculating different scores of Thermon Group from analyzing Thermon Group's financial statements. These drivers represent accounts that assess Thermon Group's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Thermon Group's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	801.8M	493.7M	645.8M	834.0M	1.1B	602.0M
Enterprise Value	981.9M	641.1M	767.1M	926.7M	1.2B	700.6M

Thermon Group ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Thermon Group's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Thermon Group's managers, analysts, and investors.

Environmental

Governance

Social

Thermon Fundamentals

	Return On Equity	0.0942
	Return On Asset	0.0628
	Profit Margin	0.09 %
	Operating Margin	0.14 %
	Current Valuation	1.21 B
	Shares Outstanding	33.69 M
	Shares Owned By Insiders	2.10 %
	Shares Owned By Institutions	96.90 %
	Number Of Shares Shorted	451.69 K
	Price To Earning	23.44 X
	Price To Book	2.17 X
	Price To Sales	2.16 X
	Revenue	494.63 M
	Gross Profit	138.67 M
	EBITDA	95.36 M
	Net Income	51.59 M
	Cash And Equivalents	35.63 M
	Cash Per Share	1.20 X
	Total Debt	187.49 M
	Debt To Equity	0.41 %
	Current Ratio	2.20 X
	Book Value Per Share	14.53 X
	Cash Flow From Operations	65.95 M
	Short Ratio	2.53 X
	Earnings Per Share	1.29 X
	Price To Earnings To Growth	4.04 X
	Target Price	35.0
	Number Of Employees	1.42 K
	Beta	1.07
	Market Capitalization	1.07 B
	Total Asset	767.74 M
	Retained Earnings	288.78 M
	Working Capital	165.33 M
	Current Asset	199.75 M
	Current Liabilities	57.57 M
	Net Asset	767.74 M

About Thermon Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Thermon Group Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thermon Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thermon Group Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Thermon Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thermon Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thermon Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with Thermon Stock

0.67

Hillenbrand

Pair Corr

Moving against Thermon Stock

0.51

CYD

China Yuchai Interna

Pair Corr

The ability to find closely correlated positions to Thermon Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thermon Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thermon Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thermon Group Holdings to buy it.

The correlation of Thermon Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thermon Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thermon Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Thermon Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Thermon Stock Analysis

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC