Thermal Energy International Stock Fundamentals
| TMG Stock | CAD 0.20 0.01 5.26% |
Thermal Energy International fundamentals help investors to digest information that contributes to Thermal Energy's financial success or failures. It also enables traders to predict the movement of Thermal Stock. The fundamental analysis module provides a way to measure Thermal Energy'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 Thermal Energy stock.
At this time, Thermal Energy's Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to climb to about 1 M in 2024, despite the fact that Income Tax Expense is likely to grow to (22.7 K). Thermal | Select Account or Indicator |
Thermal Energy International Company Return On Equity Analysis
Thermal Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Thermal Energy Return On Equity | 0.37 |
Most of Thermal Energy's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thermal Energy International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Thermal Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Thermal Energy is extremely important. It helps to project a fair market value of Thermal Stock properly, considering its historical fundamentals such as Return On Equity. Since Thermal Energy'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 Thermal Energy'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 Thermal Energy's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Thermal Total Stockholder Equity
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Based on the latest financial disclosure, Thermal Energy International has a Return On Equity of 0.3706. This is 15.77% lower than that of the Machinery sector and 111.58% lower than that of the Industrials industry. The return on equity for all Canada stocks is notably lower than that of the firm.
Thermal Energy Inter Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thermal Energy's current stock value. Our valuation model uses many indicators to compare Thermal Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thermal Energy competition to find correlations between indicators driving Thermal Energy's intrinsic value. More Info.Thermal Energy International is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.18 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thermal Energy International is roughly 5.57 . At this time, Thermal Energy's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thermal Energy's earnings, one of the primary drivers of an investment's value.Thermal Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thermal Energy's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thermal Energy could also be used in its relative valuation, which is a method of valuing Thermal Energy by comparing valuation metrics of similar companies.Thermal Energy is currently under evaluation in return on equity category among its peers.
Thermal Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Thermal Energy from analyzing Thermal Energy's financial statements. These drivers represent accounts that assess Thermal Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Thermal Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 12.9M | 29.0M | 14.8M | 18.1M | 42.0M | 44.1M | |
| Enterprise Value | 11.4M | 29.5M | 17.6M | 20.0M | 38.9M | 40.9M |
Thermal Fundamentals
| Return On Equity | 0.37 | |||
| Return On Asset | 0.0665 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 33.07 M | |||
| Shares Outstanding | 172.73 M | |||
| Shares Owned By Insiders | 6.66 % | |||
| Shares Owned By Institutions | 0.18 % | |||
| Number Of Shares Shorted | 172.88 K | |||
| Price To Earning | 17.50 X | |||
| Price To Book | 8.79 X | |||
| Price To Sales | 1.18 X | |||
| Revenue | 25.88 M | |||
| Gross Profit | 9.57 M | |||
| EBITDA | 1.88 M | |||
| Net Income | 929.5 K | |||
| Cash And Equivalents | 3.8 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 921.02 K | |||
| Debt To Equity | 88.90 % | |||
| Current Ratio | 0.83 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | 5.4 M | |||
| Short Ratio | 1.01 X | |||
| Earnings Per Share | 0.01 X | |||
| Target Price | 0.4 | |||
| Beta | 0.41 | |||
| Market Capitalization | 34.55 M | |||
| Total Asset | 16.79 M | |||
| Retained Earnings | (34.73 M) | |||
| Working Capital | 3.51 M | |||
| Net Asset | 16.79 M |
About Thermal Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thermal Energy International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thermal Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thermal Energy International 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 2.4 M | 2.5 M | |
| Total Revenue | 25.9 M | 27.2 M | |
| Cost Of Revenue | 13.4 M | 14.1 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.24 | 0.23 | |
| Research And Ddevelopement To Revenue | 0.01 | 0.01 | |
| Capex To Revenue | 0.01 | 0.02 | |
| Revenue Per Share | 0.15 | 0.16 | |
| Ebit Per Revenue | 0.05 | 0.06 |
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Additional Tools for Thermal Stock Analysis
When running Thermal Energy's price analysis, check to measure Thermal Energy'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 Thermal Energy is operating at the current time. Most of Thermal Energy's value examination focuses on studying past and present price action to predict the probability of Thermal Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermal Energy's price. Additionally, you may evaluate how the addition of Thermal Energy to your portfolios can decrease your overall portfolio volatility.