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THR 1-star rating from Upturn Advisory
Thermon Group Holdings Inc (THR) company logo

Thermon Group Holdings Inc (THR)

Thermon Group Holdings Inc (THR) 1-star rating from Upturn Advisory
$37.77
Last Close (24-hour delay)
Profit since last BUY37.5%
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BUY since 43 days
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Upturn Advisory Summary

12/04/2025: THR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $37

1 Year Target Price $37

Analysts Price Target For last 52 week
$37 Target price
52w Low $23.05
Current$37.77
52w High $39.34

Analysis of Past Performance

Type Stock
Historic Profit -30.67%
Avg. Invested days 29
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/04/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.29B USD
Price to earnings Ratio 22.35
1Y Target Price 37
Price to earnings Ratio 22.35
1Y Target Price 37
Volume (30-day avg) 4
Beta 0.81
52 Weeks Range 23.05 - 39.34
Updated Date 12/5/2025
52 Weeks Range 23.05 - 39.34
Updated Date 12/5/2025
Dividends yield (FY) -
Basic EPS (TTM) 1.75

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-06
When Before Market
Estimate 0.36
Actual 0.55

Profitability

Profit Margin 11.6%
Operating Margin (TTM) 16.38%

Management Effectiveness

Return on Assets (TTM) 6.79%
Return on Equity (TTM) 11.74%

Valuation

Trailing PE 22.35
Forward PE 16.98
Enterprise Value 1304113700
Price to Sales(TTM) 2.54
Enterprise Value 1304113700
Price to Sales(TTM) 2.54
Enterprise Value to Revenue 2.56
Enterprise Value to EBITDA 12.02
Shares Outstanding 32840075
Shares Floating 31990174
Shares Outstanding 32840075
Shares Floating 31990174
Percent Insiders 2.43
Percent Institutions 104.27

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Thermon Group Holdings Inc

Thermon Group Holdings Inc(THR) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Thermon Group Holdings, Inc. was founded in 1954. It has evolved from a small manufacturing firm into a global leader in industrial process heating solutions.

Company business area logo Core Business Areas

  • Process Heating Systems: Provides electric and steam tracing solutions for freeze protection and process temperature maintenance across various industries.
  • Heater Products: Offers a wide range of heating products, including immersion heaters, circulation heaters, and control panels.
  • Engineered Solutions: Delivers custom-engineered heating solutions tailored to specific client needs and applications.

leadership logo Leadership and Structure

The leadership team includes the CEO, CFO, and other key executives overseeing various departments. The organizational structure is designed to support global operations and customer service.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Electric Heat Tracing: Electric heat tracing systems are used to maintain or raise the temperature of pipes and vessels. Competitors include Pentair (PNR) and Chromalox.
  • Steam Tracing Solutions: Steam tracing solutions provide freeze protection and process temperature maintenance utilizing steam. Competitors include Armstrong International and Spirax Sarco Engineering (SPX.L).
  • Heat Exchangers: Specialized heat exchangers for industrial process heating. Competitors include Alfa Laval (ALFA.ST) and Kelvion.

Market Dynamics

industry overview logo Industry Overview

The industrial process heating market is driven by the need for efficient and reliable temperature maintenance in industries such as oil & gas, chemicals, and power generation.

Positioning

Thermon is a leading provider in the industrial process heating market, known for its comprehensive solutions and engineering expertise.

Total Addressable Market (TAM)

The global industrial heating market is projected to reach billions of USD. Thermon targets specific segments within this TAM and aims to capture a significant share through its specialized solutions.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Global presence and distribution network
  • Comprehensive product portfolio
  • Engineering expertise and custom solutions
  • High barriers to entry in specialized segments

Weaknesses

  • Dependence on cyclical industries
  • Limited pricing flexibility in some segments
  • Exposure to raw material price fluctuations
  • Potential delays in project execution

Opportunities

  • Expanding into emerging markets
  • Developing innovative heating solutions for new applications
  • Acquiring complementary businesses
  • Increasing focus on energy efficiency and sustainability

Threats

  • Economic downturns affecting industrial spending
  • Intense competition from established players
  • Technological disruptions in heating technologies
  • Regulatory changes impacting environmental compliance

Competitors and Market Share

Key competitor logo Key Competitors

  • Pentair (PNR)
  • Watlow Electric Manufacturing Company
  • Chromalox

Competitive Landscape

Thermon competes on product breadth, engineering expertise, and global reach. They differentiate themselves through tailored solutions and project management capabilities. Competitors may focus on specific product lines or geographic regions.

Growth Trajectory and Initiatives

Historical Growth: Discuss Thermon Group Holdings Inc's growth trends over the past years in yearly reports.

Future Projections: Provide projections for Thermon Group Holdings Inc's future growth based on analyst estimates from financial websites.

Recent Initiatives: Highlight recent strategic initiatives undertaken by Thermon Group Holdings Inc in their reports.

Summary

Thermon is a leading player in the industrial process heating market, leveraging its strong brand and global presence. Its comprehensive product portfolio and engineering expertise provide competitive advantages. However, it faces challenges related to cyclical industries and competition, while opportunities arise from emerging markets and innovative solutions.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Thermon Group Holdings Inc. Investor Relations
  • Market research reports
  • Financial news sources
  • Company press releases

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may vary. Financial performance is based on publicly available data and analyst estimates, which are subject to change.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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
Full time employees 1568

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.