Thermon Group Holdings, Inc.

  • Market Cap: Small Cap
  • Industry: Electronics & Appliances
  • ISIN: US88362T1034
USD
37.77
1.77 (4.92%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.02 M

Shareholding (Mar 2025)

FII

12.80%

Held by 89 FIIs

DII

34.09%

Held by 56 DIIs

Promoter

0.73%

How big is Thermon Group Holdings, Inc.?

22-Jun-2025

As of Jun 18, Thermon Group Holdings, Inc. has a market capitalization of 898.69 million, with net sales of 498.21 million and a net profit of 53.51 million for the latest four quarters. The balance sheet shows shareholder's funds of 495.31 million and total assets of 755.45 million.

As of Jun 18, Thermon Group Holdings, Inc. has a market capitalization of 898.69 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the company reported net sales of 498.21 million and a net profit of 53.51 million for the latest four quarters ending in March 2025, December 2024, September 2024, and June 2024.<BR><BR>As of March 2025, the balance sheet shows shareholder's funds of 495.31 million and total assets of 755.45 million.

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What does Thermon Group Holdings, Inc. do?

22-Jun-2025

Thermon Group Holdings, Inc. provides engineered thermal solutions for process industries and is classified as a micro-cap company. As of March 2025, it reported net sales of $134 million and a net profit of $17 million, with a market cap of $898.69 million.

Overview: <BR>Thermon Group Holdings, Inc. is a provider of engineered thermal solutions for process industries, operating within the Electronics & Appliances industry and classified as a micro-cap company.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 134 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 17 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 898.69 Million (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 17.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.20 <BR>Return on Equity: 10.66% <BR>Price to Book: 1.81<BR><BR>Contact Details: <BR>Address: Building 300, 7171 Southwest Pkwy Bldg 200 AUSTIN TX : 78735-6140 <BR>Tel: 1 512 6900600 <BR>Website: http://www.thermon.com/

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Who are in the management team of Thermon Group Holdings, Inc.?

22-Jun-2025

As of March 2022, the management team of Thermon Group Holdings, Inc. includes Independent Chairman Mr. John Nesser, President and CEO Mr. Bruce Thames, and Independent Directors Mr. John Clarke, Ms. Linda Dalgetty, Mr. Roger Fix, Mr. Marcus George, and Mr. Kevin McGinty. They oversee the company's strategic direction and governance.

As of March 2022, the management team of Thermon Group Holdings, Inc. includes the following individuals:<BR><BR>- Mr. John Nesser, who serves as the Independent Chairman of the Board.<BR>- Mr. Bruce Thames, who is the President, Chief Executive Officer, and a Director.<BR>- Mr. John Clarke, who is an Independent Director.<BR>- Ms. Linda Dalgetty, who is also an Independent Director.<BR>- Mr. Roger Fix, serving as an Independent Director.<BR>- Mr. Marcus George, who is an Independent Director.<BR>- Mr. Kevin McGinty, who holds the position of Independent Director.<BR><BR>This team is responsible for guiding the company's strategic direction and governance.

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Is Thermon Group Holdings, Inc. overvalued or undervalued?

20-Sep-2025

As of August 7, 2025, Thermon Group Holdings, Inc. is considered very attractive in valuation, appearing undervalued with a P/E ratio of 17 compared to a peer average of 16.64, despite recent stock performance lagging behind the S&P 500 year-to-date, while significantly outperforming it over the past five years.

As of 7 August 2025, the valuation grade for Thermon Group Holdings, Inc. has moved from attractive to very attractive, indicating a strong improvement in its valuation outlook. The company appears to be undervalued, with a P/E ratio of 17, which is higher than the peer average of approximately 16.64 for similar companies like Encore Wire Corp. and AZZ, Inc. Additionally, Thermon has an EV to EBITDA ratio of 10.00, which is competitive compared to peers such as Powell Industries, Inc. at 14.12.<BR><BR>In terms of performance, Thermon Group's recent stock returns have lagged behind the S&P 500, with a year-to-date return of -5.84% compared to the index's 12.22%. However, over a five-year period, Thermon has significantly outperformed the S&P 500 with a return of 129.58% versus 96.61%. Overall, the combination of strong valuation ratios and a favorable comparison to peers suggests that Thermon Group Holdings, Inc. is currently undervalued.

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Is Thermon Group Holdings, Inc. technically bullish or bearish?

20-Sep-2025

As of August 18, 2025, Thermon Group Holdings, Inc. has a bearish technical trend, with underperformance against the S&P 500 year-to-date and over the past year, despite outperforming over the 3- and 5-year periods.

As of 18 August 2025, the technical trend for Thermon Group Holdings, Inc. has changed from mildly bearish to bearish. The weekly MACD is bearish, and the KST is also bearish on both weekly and monthly time frames. The daily moving averages indicate a mildly bearish stance, while Bollinger Bands show a sideways trend on the weekly and mildly bearish on the monthly. The Dow Theory suggests a mildly bullish weekly trend but no trend on the monthly, and the OBV indicates a mildly bullish weekly stance with no trend monthly.<BR><BR>In terms of performance, Thermon has underperformed the S&P 500 year-to-date and over the past year, with returns of -5.84% and -9.70% compared to the S&P 500's 12.22% and 17.14%, respectively. However, it has outperformed the benchmark over the 3-year and 5-year periods. Overall, the current technical stance is bearish, indicating weakness in the stock's performance.

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Strong Sell
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Dashboard
1

Company has a low Debt to Equity ratio (avg) at times

 
2

Flat results in Jun 25

3

With ROCE of 13.36%, it has a attractive valuation with a 1.71 Enterprise value to Capital Employed

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Electronics & Appliances

stock-summary
Market cap

USD 839 Million (Small Cap)

stock-summary
P/E

17.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.20

stock-summary
Return on Equity

9.90%

stock-summary
Price to Book

1.65

Revenue and Profits:
Net Sales:
109 Million
(Quarterly Results - Jun 2025)
Net Profit:
9 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
43.34%
0%
43.34%
6 Months
39.73%
0%
39.73%
1 Year
18.36%
0%
18.36%
2 Years
21.1%
0%
21.1%
3 Years
85.06%
0%
85.06%
4 Years
123.36%
0%
123.36%
5 Years
139.81%
0%
139.81%

Thermon Group Holdings, Inc. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
7.13%
EBIT Growth (5y)
26.43%
EBIT to Interest (avg)
7.11
Debt to EBITDA (avg)
1.46
Net Debt to Equity (avg)
0.20
Sales to Capital Employed (avg)
0.78
Tax Ratio
23.68%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
10.18%
ROE (avg)
8.04%
Valuation key factors
Factor
Value
P/E Ratio
17
Industry P/E
Price to Book Value
1.86
EV to EBIT
12.81
EV to EBITDA
10.00
EV to Capital Employed
1.71
EV to Sales
2.05
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
13.36%
ROE (Latest)
10.66%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
Bullish
OBV
No Trend
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 75 Schemes (52.38%)

Foreign Institutions

Held by 89 Foreign Institutions (12.8%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
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        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -49.41% vs -8.11% in Mar 2025",
        "dir": -1
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        "Mar'25",
        "Change(%)"
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          "val2": "134.10",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "17.40",
          "val2": "28.70",
          "chgp": "-39.37%",
          "chgp_class": "negative"
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          "field": "Interest",
          "val1": "2.00",
          "val2": "2.20",
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          "val2": "0.90",
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          "chgp_class": "negative"
        },
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          "field": "Consolidate Net Profit",
          "val1": "8.60",
          "val2": "17.00",
          "chgp": "-49.41%",
          "chgp_class": "negative"
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          "field": "Operating Profit Margin (Excl OI)",
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        "prefix": "Consolidated Net Profit ",
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        "Mar'25",
        "Mar'24",
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          "chgp": "17.05%",
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          "chgp": "82.35%",
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          "field": "Operating Profit Margin (Excl OI)",
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Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQstock-summary
Jun'25
Mar'25
Change(%)
Net Sales
108.90
134.10
-18.79%
Operating Profit (PBDIT) excl Other Income
17.40
28.70
-39.37%
Interest
2.00
2.20
-9.09%
Exceptional Items
0.60
0.90
-33.33%
Consolidate Net Profit
8.60
17.00
-49.41%
Operating Profit Margin (Excl OI)
107.70%
172.60%
-6.49%
USD in Million.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2025 is -18.79% vs -0.22% in Mar 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is -49.41% vs -8.11% in Mar 2025

Annual Results Snapshot (Consolidated) - Mar'25stock-summary
Mar'25
Mar'24
Change(%)
Net Sales
498.20
494.60
0.73%
Operating Profit (PBDIT) excl Other Income
103.60
96.70
7.14%
Interest
10.30
8.80
17.05%
Exceptional Items
-0.30
-1.70
82.35%
Consolidate Net Profit
53.50
51.60
3.68%
Operating Profit Margin (Excl OI)
163.00%
157.50%
0.55%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 0.73% vs 12.26% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 3.68% vs 53.12% in Mar 2024

stock-summaryCompany CV
About Thermon Group Holdings, Inc. stock-summary
stock-summary
Thermon Group Holdings, Inc.
Electronics & Appliances
Thermon Group Holdings, Inc. is a provider of engineered thermal solutions for process industries. The Company operates through four segments based on four geographic countries or regions: United States, Canada, Europe and Asia. Its product portfolio includes self-regulating and power limiting heating cables, which change heat output as pipe temperature changes, as well as constant wattage heating cables; mineral insulated (MI) cable; skin effect trace heater; heat traced tube bundles for environmental gas sampling systems; heat transfer compounds and steam tracers for steam tracing solutions; control and monitoring systems for electric tracing of pipes, tanks, hoppers and instrument sampling systems; turnkey solutions that provide solutions for heat tracing, including design, optimization, installation and ongoing maintenance; products and services, such as heating, sensing, monitoring, controlling and calibration tools, and temporary electric power distribution and lighting products.
Company Coordinates stock-summary
Company Details
Building 300, 7171 Southwest Pkwy Bldg 200 AUSTIN TX : 78735-6140
stock-summary
Tel: 1 512 69006001 512 6900600
stock-summary
Registrar Details