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Upturn AI SWOT - About
THR 
Thermon Group Holdings Inc (THR)
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Upturn Advisory Summary
03/27/2025: THR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -15.61% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 993.18M USD | Price to earnings Ratio 21.44 | 1Y Target Price 35 |
Price to earnings Ratio 21.44 | 1Y Target Price 35 | ||
Volume (30-day avg) 228612 | Beta 0.98 | 52 Weeks Range 25.76 - 35.93 | Updated Date 03/27/2025 |
52 Weeks Range 25.76 - 35.93 | Updated Date 03/27/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.35 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 9.48% | Operating Margin (TTM) 18.35% |
Management Effectiveness
Return on Assets (TTM) 5.86% | Return on Equity (TTM) 9.75% |
Valuation
Trailing PE 21.44 | Forward PE 13.79 | Enterprise Value 1103482945 | Price to Sales(TTM) 2.02 |
Enterprise Value 1103482945 | Price to Sales(TTM) 2.02 | ||
Enterprise Value to Revenue 2.24 | Enterprise Value to EBITDA 11.38 | Shares Outstanding 33690100 | Shares Floating 32960728 |
Shares Outstanding 33690100 | Shares Floating 32960728 | ||
Percent Insiders 2.07 | Percent Institutions 98.93 |
Analyst Ratings
Rating 4 | Target Price 35 | Buy 2 | Strong Buy 1 |
Buy 2 | Strong Buy 1 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Thermon Group Holdings Inc
Company Overview
History and Background
Thermon Group Holdings, Inc. (THR) was founded in 1954. It is a global industrial technology company specializing in process heating solutions.
Core Business Areas
- Heating Cables: Provides electric heat tracing cables for freeze protection, process temperature maintenance, and heat-up applications.
- Steam Tracing: Offers steam tracing solutions for maintaining process temperatures and freeze protection.
- Control & Monitoring: Provides control and monitoring systems for heat tracing applications.
- Engineered Systems: Designs and manufactures engineered heating systems for various industries, including oil & gas, chemical, and power generation.
Leadership and Structure
The leadership team includes the CEO, CFO, and various VPs responsible for different business units. The organizational structure is typical of a publicly traded company with a board of directors overseeing management.
Top Products and Market Share
Key Offerings
- Electric Heat Tracing: Electric heat tracing systems for pipe freeze protection and process temperature maintenance. Market share data is difficult to pinpoint precisely, but Thermon is a significant player. Competitors include Pentair Thermal Management and Chromalox.
- Steam Tracing Components: Steam tracing components and systems for maintaining process temperatures. Market share data is difficult to pinpoint precisely, but Thermon is a significant player. Competitors include Swagelok and Parker Hannifin.
Market Dynamics
Industry Overview
The process heating industry is driven by demand from oil and gas, chemical, power generation, and other industries requiring temperature maintenance. The industry is moderately fragmented with a mix of large and small players.
Positioning
Thermon holds a strong position in the process heating market, particularly in electric heat tracing. Its competitive advantages include its global reach, engineering expertise, and diverse product portfolio.
Total Addressable Market (TAM)
The total addressable market for process heating is estimated to be in the billions of dollars annually. Thermon is well-positioned to capture a significant portion of this market.
Upturn SWOT Analysis
Strengths
- Global presence and distribution network
- Broad product portfolio
- Engineering expertise
- Strong brand reputation
Weaknesses
- Dependence on cyclical industries (e.g., oil & gas)
- Exposure to commodity price fluctuations
- Potential for project delays
Opportunities
- Expanding into new geographic markets
- Developing new products and technologies
- Acquiring complementary businesses
- Benefiting from increased infrastructure spending
Threats
- Intense competition
- Economic downturns
- Changes in government regulations
- Technological disruptions
Competitors and Market Share
Key Competitors
- Pentair (PNR)
- Chromalox (Private)
- Watlow (Private)
Competitive Landscape
Thermon's advantages include a broad product portfolio and global reach. Disadvantages could include reliance on specific industries and potential for project delays.
Major Acquisitions
Caloritech
- Year: 2019
- Acquisition Price (USD millions): 115
- Strategic Rationale: Expanded Thermonu2019s offering of industrial heating solutions and broadened its market reach.
Growth Trajectory and Initiatives
Historical Growth: Thermon's historical growth has been influenced by factors such as industry cycles, acquisitions, and organic growth initiatives.
Future Projections: Future growth projections can be found in analyst reports and company presentations. These projections typically consider market trends, economic conditions, and company-specific initiatives.
Recent Initiatives: Recent strategic initiatives may include acquisitions, new product launches, and investments in technology.
Summary
Thermon Group Holdings is a key player in the process heating industry with a global presence and diverse product range. While influenced by cyclical industries, their engineering expertise and strategic acquisitions contribute to steady growth. Future success relies on adapting to technological changes and expanding into new markets. The company must mitigate potential economic downturns which can cause project delays.
Similar Companies
- PNR
- PARR
- SPX
- ITT
Sources and Disclaimers
Data Sources:
- Thermon Group Holdings Inc. investor relations, SEC filings, analyst reports, industry research reports.
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on your own due diligence and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Thermon Group Holdings Inc
Exchange NYSE | Headquaters Austin, TX, United States | ||
IPO Launch date 2011-05-05 | President, CEO & Director Mr. Bruce A. Thames | ||
Sector Industrials | Industry Specialty Industrial Machinery | Full time employees 1416 | Website https://www.thermon.com |
Full time employees 1416 | Website https://www.thermon.com | ||
Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It offers heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services. The company also provides controls, monitoring, and software systems for the control and management of a heat trace system; environmental heating solutions under the Ruffneck, Norsemen, and Catadyne brands; process heating solutions under the Caloritech brand name; filtration solutions under the 3L Filters brand; rail and transit solutions under the Hellfire, Velocity, ArcticSense, and other brand names; and boilers under the Vapor Power, Precision Boilers, and Caloritech brands. In addition, it offers project services; transportation heating products, including track and switch heaters, accessories, control panels, rail heaters, gas blower accessories, and air curtains; transit heaters; and velocity heat products. Further, the company offers temporary power solutions; heating systems, such as engineered electric heat, explosion proof gas catalytic heaters, heaters for harshest environments, methane abatement, and engineered filtration system; electrically, steam, and fluid heated tubing bundles; and pre-insulated tubing and system accessories tubing bundles. It serves chemical and petrochemical, oil and gas, power generation, rail and transit, commercial, energy transition/decarbonization, mining and mineral processing, maritime/shipbuilding, semiconductors, pharmaceutical and biotechnology, food and beverage, data centers, and renewables industries through a network of sales and service professionals, and distributors. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas.
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