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Thermon Group Holdings (Thermon Group Holdings) Enterprise Value

: $1,177.8 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thermon Group Holdings's Enterprise Value is $1,177.8 Mil. Thermon Group Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $73.7 Mil. Therefore, Thermon Group Holdings's EV-to-EBIT ratio for today is 15.99.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Thermon Group Holdings's Enterprise Value is $1,177.8 Mil. Thermon Group Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $91.4 Mil. Therefore, Thermon Group Holdings's EV-to-EBITDA ratio for today is 12.89.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Thermon Group Holdings's Enterprise Value is $1,177.8 Mil. Thermon Group Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $489.5 Mil. Therefore, Thermon Group Holdings's EV-to-Revenue ratio for today is 2.41.


Thermon Group Holdings Enterprise Value Historical Data

The historical data trend for Thermon Group Holdings's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thermon Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 984.50 643.50 768.85 640.71 927.66

Thermon Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 782.66 927.66 991.32 1,020.05 1,271.79

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Thermon Group Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thermon Group Holdings Enterprise Value Distribution

For the Industrial Products industry and Industrials sector, Thermon Group Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Thermon Group Holdings's Enterprise Value falls into.



Thermon Group Holdings Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Thermon Group Holdings's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as

Thermon Group Holdings's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Thermon Group Holdings  (NYSE:THR) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Thermon Group Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1177.825/73.656
=15.99

Thermon Group Holdings's current Enterprise Value is $1,177.8 Mil.
Thermon Group Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $73.7 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Thermon Group Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1177.825/91.405
=12.89

Thermon Group Holdings's current Enterprise Value is $1,177.8 Mil.
Thermon Group Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $91.4 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Thermon Group Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1177.825/489.456
=2.41

Thermon Group Holdings's current Enterprise Value is $1,177.8 Mil.
Thermon Group Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $489.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Thermon Group Holdings Enterprise Value Related Terms

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Thermon Group Holdings (Thermon Group Holdings) Business Description

Traded in Other Exchanges
Address
7171 Southwest Parkway, Building 300, Suite 200, Austin, TX, USA, 78735
Thermon Group Holdings Inc is a United States-based company that provides engineered thermal solutions for process industries. The company's product portfolio comprises electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as complementary product lines. It also provides turnkey services and design and engineering services. The company's customers include large engineering, procurement, and construction companies; oil and gas companies; commercial subcontractors; electrical component distributors; and others. The company has a presence, with the United States, Canada, and Europe being its top three markets and contributing the majority of its sales.
Executives
Kevin J Mcginty director 6688 N CENTRAL EXPRESSWAY, SUITE 1170, DALLAS TX 75206
Nesser John T Iii director 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Kevin Fox officer: VP - Corporate Development 7171 SOUTHWEST PKWY, BLD. 300 STE. 200, AUSTIN TX 78735
Candace Harris-peterson officer: VP, Human Resources 7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN TX 78735
Angela Strzelecki director INTERNATIONAL FLAVORS & FRAGRANCES INC., 521 WEST 57TH STREET, NEW YORK NY 10019
Bruce Thames officer: Executive VP and COO 100 THERMON DRIVE, SAN MARCOS TX 78666
Kuahara Roberto officer: SVP, Operations 7171 SOUTHWEST PKWY, BLD. 300, STE. 200, AUSTIN TX 78735
Van Der Salm Johannes Rene officer: SVP-Global Operations 100 THERMON DRIVE, SAN MARCOS TX 78666
Michael W Press director P O BOX 327, GATES MILLS OH 44040
James Pribble officer: SVP, Thermon Heating Systems 7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN TX 78735
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
Roger L Fix director
Tarkington Ryan officer: General Counsel & Corp. Sec. 7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN TX 78735
David Buntin officer: SVP, Thermon Heat Tracing 7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN TX 78735
Mark John Roberts officer: SVP, Global Engineering 7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN TX 78735