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Upturn AI SWOT - About
THR 
Thermon Group Holdings Inc (THR)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
09/11/2025: 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.
Number of Analysts
4 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $33
1 Year Target Price $33
| 1 | Strong Buy |
| 2 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -49.58% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/11/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 844.15M USD | Price to earnings Ratio 16.16 | 1Y Target Price 33 |
Price to earnings Ratio 16.16 | 1Y Target Price 33 | ||
Volume (30-day avg) 4 | Beta 1.14 | 52 Weeks Range 23.05 - 33.25 | Updated Date 09/12/2025 |
52 Weeks Range 23.05 - 33.25 | Updated Date 09/12/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.58 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 10.89% | Operating Margin (TTM) 10.77% |
Management Effectiveness
Return on Assets (TTM) 6.39% | Return on Equity (TTM) 10.88% |
Valuation
Trailing PE 16.16 | Forward PE 14.33 | Enterprise Value 977253799 | Price to Sales(TTM) 1.72 |
Enterprise Value 977253799 | Price to Sales(TTM) 1.72 | ||
Enterprise Value to Revenue 1.99 | Enterprise Value to EBITDA 9.58 | Shares Outstanding 33065000 | Shares Floating 32229801 |
Shares Outstanding 33065000 | Shares Floating 32229801 | ||
Percent Insiders 2.41 | Percent Institutions 100.7 |
Upturn AI SWOT
Thermon Group Holdings Inc
Company Overview
History and Background
Thermon Group Holdings, Inc. was founded in 1954. Initially focused on developing efficient heat transfer technologies, it has grown to become a global leader in industrial heating solutions. Significant milestones include international expansion, strategic acquisitions, and innovations in electric heat tracing systems.
Core Business Areas
- Heat Tracing: Provides electric heat tracing and steam tracing solutions for freeze protection and process temperature maintenance in various industries.
- Process Heating: Offers process heating solutions, including electric process heaters and waste heat recovery systems, for industrial applications.
- Instrumentation and Controls: Provides controls and instrumentation for temperature monitoring and control systems.
Leadership and Structure
The leadership team includes the CEO, CFO, and other key executives. The organizational structure is based on functional departments and business units responsible for specific product lines and geographic regions.
Top Products and Market Share
Key Offerings
- Electric Heat Tracing Systems: Electric heat tracing systems are used to maintain or raise the temperature of pipes, vessels, and other equipment. Thermon holds a significant market share, particularly in specialized applications. Competitors include Pentair (PNR) and Chromalox.
- Steam Tracing Solutions: Steam tracing solutions involve using steam to heat pipes and equipment. Thermon competes with companies like Swagelok and Parker Hannifin (PH).
- Hot Water Heat Tracing: A system that circulates heated water through tubes or jackets attached to pipes and vessels, to maintain temperature or prevent freezing. Competitors include Hot-Watt and Indeeco
Market Dynamics
Industry Overview
The industrial heating market is driven by the need for reliable temperature maintenance in various industries, including oil and gas, chemical processing, power generation, and food and beverage. Factors such as infrastructure development, energy efficiency regulations, and technological advancements influence market growth.
Positioning
Thermon Group Holdings Inc. is positioned as a leading provider of engineered thermal solutions, offering a comprehensive portfolio of products and services. Its competitive advantages include its global presence, engineering expertise, and focus on innovation.
Total Addressable Market (TAM)
The global industrial heating market is estimated to be valued in the billions of dollars. Thermon is positioned to capture a significant share of this market through its broad product offering and global reach.
Upturn SWOT Analysis
Strengths
- Global presence and established brand reputation
- Comprehensive product portfolio
- Engineering expertise and application knowledge
- Strong customer relationships
Weaknesses
- Dependence on cyclical industries
- Exposure to commodity price fluctuations
- Limited diversification beyond core thermal solutions
- Integration risks associated with acquisitions
Opportunities
- Growing demand for energy-efficient heating solutions
- Expansion into emerging markets
- Development of new applications for thermal technologies
- Strategic acquisitions to broaden product portfolio
Threats
- Intense competition from established players and new entrants
- Economic downturns affecting industrial activity
- Technological disruptions in heating technologies
- Regulatory changes impacting industry practices
Competitors and Market Share
Key Competitors
- PNR
- PH
- NDSN
Competitive Landscape
Thermon competes based on product performance, reliability, engineering expertise, and global reach. It needs to constantly innovate to maintain an edge.
Major Acquisitions
ISC Sales, LLC
- Year: 2021
- Acquisition Price (USD millions): 21
- Strategic Rationale: This acquisition expands Thermonu2019s access to the Canadian market and broadens its portfolio of heat tracing solutions.
Growth Trajectory and Initiatives
Historical Growth: Thermon Group Holdings Inc's historical growth can be assessed by examining its revenue and earnings growth over the past several years.
Future Projections: Future growth projections can be found in analyst reports and company guidance.
Recent Initiatives: Recent strategic initiatives may include acquisitions, product launches, and expansion into new markets. Refer to press releases and investor presentations for information on these initiatives.
Summary
Thermon Group Holdings Inc. holds a solid position in the industrial heating market, backed by global reach and specialized engineering. Fluctuations in cyclical industries present challenges, necessitating diversified growth strategies. They are positioned well in the TAM. Continued innovation is important for maintaining its competitive edge and capturing emerging opportunities. Thermon must also watch out for raw materials price fluctuations.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Thermon Group Holdings Inc. SEC filings (10-K, 10-Q), Press Releases, Investor Presentations, Analyst Reports
- Industry Reports
- Company Websites
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change. Numerical values are illustrative and may not reflect actual current data.
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 1568 | Website https://www.thermon.com |
Full time employees 1568 | 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. The company offers heat tracing solutions, including software automated engineering design services, heat tracing products, smart connected control and monitoring systems, construction services, and maintenance services; tubing bundle solutions comprising bundle design services, heated, and insulated sample lines; temporary power systems; heated blankets; and 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 complementary products and services. It also provides controls, monitoring, and software systems for the control and management of a heat trace system; environmental heating solutions that offer electric or gas-powered space heating for hazardous and non-hazardous areas 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 electric resistance, electrode, and fired coil tube boilers under the Vapor Power, Precision Boilers, and Caloritech brands. In addition, the company offers project services, such as engineering and design, procurement and project management, turnkey construction installation, recurring facility assessment or audit, and maintenance services. Further, it operates an electron cross-linking facility. The company serves the general industrial, chemical and petrochemical, oil, gas, power generation, commercial, food and beverage, rail and transit, and other markets. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas.
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