Thermon Group Net Worth

Thermon Group Net Worth Breakdown

  THR
The net worth of Thermon Group Holdings is the difference between its total assets and liabilities. Thermon Group's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Thermon Group's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Thermon Group's net worth can be used as a measure of its financial health and stability which can help investors to decide if Thermon Group is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Thermon Group Holdings stock.

Thermon Group Net Worth Analysis

Thermon Group's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Thermon Group's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Thermon Group's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Thermon Group's net worth analysis. One common approach is to calculate Thermon Group's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Thermon Group's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Thermon Group's net worth. This approach calculates the present value of Thermon Group's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Thermon Group's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Thermon Group's net worth. This involves comparing Thermon Group's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Thermon Group's net worth relative to its peers.

Enterprise Value

700.62 Million

To determine if Thermon Group is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Thermon Group's net worth research are outlined below:
Thermon Group has a strong financial position based on the latest SEC filings
Over 97.0% of the company shares are owned by institutional investors
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Thermon Group Quarterly Good Will

269.51 Million

Thermon Group uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Thermon Group Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Thermon Group's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of February 2024
Upcoming Quarterly Report
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23rd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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23rd of May 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of March 2023
Last Financial Announcement
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Know Thermon Group's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Thermon Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thermon Group Holdings backward and forwards among themselves. Thermon Group's institutional investor refers to the entity that pools money to purchase Thermon Group's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
State Street Corp2024-06-30
763.3 K
Newsouth Capital Management Inc2024-09-30
714.4 K
Needham Investment Management, Llc2024-09-30
650 K
Morgan Stanley - Brokerage Accounts2024-06-30
642.8 K
Swedbank Ab2024-09-30
615 K
Ameriprise Financial Inc2024-06-30
505.8 K
Wells Fargo & Co2024-06-30
424.7 K
Hotchkis & Wiley Capital Management Llc2024-09-30
397.5 K
Goldman Sachs Group Inc2024-06-30
386.5 K
T. Rowe Price Investment Management,inc.2024-09-30
4.3 M
Vanguard Group Inc2024-09-30
3.4 M
Note, although Thermon Group's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Thermon Group's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.07 B.

Market Cap

601.96 Million

Project Thermon Group's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.14  0.12 
Return On Capital Employed 0.11  0.12 
Return On Assets 0.07  0.06 
Return On Equity 0.11  0.17 
The company has Net Profit Margin of 0.09 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.14 %, which entails that for every 100 dollars of revenue, it generated $0.14 of operating income.
When accessing Thermon Group's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Thermon Group's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Thermon Group's profitability and make more informed investment decisions.

Evaluate Thermon Group's management efficiency

Thermon Group Holdings has Return on Asset of 0.0628 % which means that on every $100 spent on assets, it made $0.0628 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0942 %, implying that it generated $0.0942 on every 100 dollars invested. Thermon Group's management efficiency ratios could be used to measure how well Thermon Group manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Thermon Group's Return On Capital Employed is relatively stable compared to the past year. As of 11/28/2024, Return On Equity is likely to grow to 0.17, while Return On Tangible Assets are likely to drop 0.12. At this time, Thermon Group's Non Currrent Assets Other are relatively stable compared to the past year. As of 11/28/2024, Other Assets is likely to grow to about 10 M, while Non Current Assets Total are likely to drop slightly above 350.4 M.
Last ReportedProjected for Next Year
Book Value Per Share 14.10  7.18 
Tangible Book Value Per Share 2.29  2.40 
Enterprise Value Over EBITDA 13.07  11.36 
Price Book Value Ratio 2.33  4.08 
Enterprise Value Multiple 13.07  11.36 
Price Fair Value 2.33  4.08 
Enterprise Value1.2 B700.6 M
Examining the leadership quality of Thermon Group Holdings offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Enterprise Value Revenue
2.4522
Revenue
493.9 M
Quarterly Revenue Growth
(0.07)
Revenue Per Share
14.661
Return On Equity
0.0942
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Thermon Group insiders, such as employees or executives, is commonly permitted as long as it does not rely on Thermon Group's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Thermon Group insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Thermon Group Corporate Filings

F4
18th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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13A
14th of November 2024
An amended filing to the original Schedule 13G
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8K
8th of November 2024
An amendment to a previously filed Form 8-K
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8K
7th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
Thermon Group time-series forecasting models is one of many Thermon Group's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Thermon Group's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Thermon Group Earnings per Share Projection vs Actual

Thermon Group Corporate Directors

Michael PressIndependent DirectorProfile
Kevin McGintyIndependent DirectorProfile
Marcus GeorgeIndependent DirectorProfile
Linda DalgettyIndependent DirectorProfile

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.