Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Thermal Energy InternationalTMGEF -1.13%53 EV-to-EBIT is 13.96 as of Jul. 25, 2026, which is 28% below its 10-year median of 19.39. GuruFocus rates TMGEF with a GF Score™ of 53/100 and a GF Value™ of $0.18 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,371 Industrial Products companies, Thermal Energy International ranks better than 61.66% on this metric.
Thermal Energy International (OTCPK:TMGEF) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Thermal Energy International's Enterprise Value for the quarter that ended in Feb. 2026 was $18.99 Mil.
Thermal Energy International's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.20 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.
Thermal Energy International EV-to-EBIT Related Terms
Thermal Energy International EV-to-EBIT Historical Data
* 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.
For the Pollution & Treatment Controls subindustry, Thermal Energy International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
Thermal Energy International EV-to-EBIT vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Thermal Energy International's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Thermal Energy International's EV-to-EBIT falls into.
Thermal Energy International's current Enterprise Value is $16.75 Mil.
Thermal Energy International's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.20 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.
Thermal Energy International (TMGEF) has a EV-to-EBIT of 13.96 as of Jul. 25, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thermal Energy International and its competitors. This is 28% below median its historical median of 19.39. According to the industry distribution chart, Thermal Energy International ranks #909 out of 2371 companies in the Industrial Products industry, placing it in the top 38.3%.
Is Thermal Energy International's EV-to-EBIT too high?
Thermal Energy International's current EV-to-EBIT of 13.96 is 28% below median its 10-year median of 19.39. The Industrial Products industry median EV-to-EBIT is 18.93. Thermal Energy International's value of 13.96 is 26.3% below this industry median. Based on the distribution chart, Thermal Energy International ranks #909 out of 2371 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Thermal Energy International has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermal Energy International's EV-to-EBIT compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Thermal Energy International ranks #909 out of 2371 companies for EV-to-EBIT. This puts Thermal Energy International in the upper half of its industry. The industry median EV-to-EBIT is 18.93. Thermal Energy International's value of 13.96 is 26.3% below this benchmark. While the company's 10-year median is 19.39 vs. the industry median of 18.93, Thermal Energy International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 18.93, based on 2,371 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thermal Energy International's current EV-to-EBIT of 13.96 is 26.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thermal Energy International and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 18.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermal Energy International's current EV-to-EBIT is 13.96, which is 28% below median its own 10-year median of 19.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermal Energy International stock overvalued right now?
Based on GuruFocus' analysis, Thermal Energy International (TMGEF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.18, compared to a current price of $0.11 — trading 39.5% below its estimated fair value. The current EV-to-EBIT is 13.96, which is 28% below median its 10-year median of 19.39 and 26.3% below the Industrial Products industry median of 18.93. Thermal Energy International's overall GF Score™ is 53/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Thermal Energy International (TMGEF), the current EV-to-EBIT is 13.96 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Thermal Energy International (TMGEF) Overvalued in 2026?
Based on GuruFocus' analysis, Thermal Energy International stock appears to be undervalued.
The current stock price of $0.11 is trading 39.5% below its estimated GF Value™ of $0.18.
GuruFocus considers Thermal Energy International to be Possible Value Trap.
Key valuation signals for TMGEF:
EV-to-EBIT: 13.96 (28% below median its 10-year median of 19.39)
GF Value™: $0.18 vs. price of $0.11 (39.5% below fair value)
Industry Position: 26.3% below the Industrial Products median (#909 of 2371)
No single metric tells the full story. See the TMGEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.
53GF Score
Get the complete analysis for TMGEF
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TMGEF has been successfully added to your 
