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Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2024-04-25), Thermon Group Holdings's Intrinsic Value: Projected FCF is $19.42. The stock price of Thermon Group Holdings is $31.04. Therefore, Thermon Group Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 1.6.
The historical rank and industry rank for Thermon Group Holdings's Intrinsic Value: Projected FCF or its related term are showing as below:
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Thermon Group Holdings was 1.68. The lowest was 0.66. And the median was 1.22.
The historical data trend for Thermon Group Holdings's Intrinsic Value: Projected FCF 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.
Thermon Group Holdings Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | |||||||||||
Intrinsic Value: Projected FCF | Get a 7-Day Free Trial | 18.52 | 17.38 | 16.94 | 16.64 | 18.48 |
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 | |
Intrinsic Value: Projected FCF | Get a 7-Day Free Trial | 17.62 | 18.48 | 18.17 | 18.08 | 19.42 |
For the Specialty Industrial Machinery subindustry, Thermon Group Holdings's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.
For the Industrial Products industry and Industrials sector, Thermon Group Holdings's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Thermon Group Holdings's Price-to-Projected-FCF falls into.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)
In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):
Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)
Add all the Free Cash Flow together and divide 6 will get Thermon Group Holdings's Free Cash Flow(6 year avg) = $30.50.
Thermon Group Holdings's Intrinsic Value: Projected FCF for today is calculated as
Intrinsic Value: Projected FCF | = | (Growth Multiple | * | Free Cash Flow (6 year avg) | + | Total Stockholders Equity (Dec23) | * | 0.8) | / | Shares Outstanding (Diluted Average) |
= | (9.5203515959648 | * | 30.49888 | + | 467.425 | * | 0.8) | / | 34.202 | |
= | 19.42 |
* 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) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Thermon Group Holdings's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF | = | Share Price | / | Intrinsic Value: Projected FCF |
= | 31.04 | / | 19.42284254965 | |
= | 1.60 |
* 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.
Thank you for viewing the detailed overview of Thermon Group Holdings's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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