TMGEF (Thermal Energy International) EV-to-EBITDA: 10.79 (As of Jul. 27, 2026) — 29% Below Median

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TMGEF Thermal Energy International Inc TMGEF
53 GF Score
Price $0.11
GF Value $0.18
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Thermal Energy International EV-to-EBITDA?

Thermal Energy International TMGEF -1.13% 53 EV-to-EBITDA is 10.79 as of Jul. 27, 2026, which is 29% below its 10-year median of 15.30. 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 2,475 Industrial Products companies, Thermal Energy International ranks better than 63.72% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Thermal Energy International's enterprise value is $16.75 Mil. Thermal Energy International's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was $1.55 Mil. Therefore, Thermal Energy International's EV-to-EBITDA for today is 10.79.

The historical rank and industry rank for Thermal Energy International's EV-to-EBITDA or its related term are showing as below:

TMGEF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -171.16   Med: 15.3   Max: 149.11
Current: 10.96

During the past 13 years, the highest EV-to-EBITDA of Thermal Energy International was 149.11. The lowest was -171.16. And the median was 15.30.

TMGEF's EV-to-EBITDA is ranked better than
63.72% of 2475 companies
in the Industrial Products industry
Industry Median: 15.42 vs TMGEF: 10.96

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-27), Thermal Energy International's stock price is $0.10892. Thermal Energy International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was $0.005. Therefore, Thermal Energy International's PE Ratio (TTM) for today is 21.78.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Thermal Energy International  (OTCPK:TMGEF) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Thermal Energy International's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.10892/0.005
=21.78

Thermal Energy International's share price for today is $0.10892.
Thermal Energy International's Earnings per Share (Diluted) 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 $0.005.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Thermal Energy International EV-to-EBITDA Related Terms


Thermal Energy International EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thermal Energy International's EV-to-EBITDA 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.

Thermal Energy International EV-to-EBITDA Chart

Thermal Energy International Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.51 -24.56 10.90 18.73 24.09

Thermal Energy International Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
EV-to-EBITDA Get a 7-Day Free Trial 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 18.31 24.09 24.01 13.76 12.15

TMGEF vs VLTO, ZWS, CECO: EV-to-EBITDA Comparison

For the Pollution & Treatment Controls subindustry, Thermal Energy International's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermal Energy International's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Thermal Energy International's EV-to-EBITDA falls into.


TMGEF
53GF Score
Thermal Energy International Inc TMGEF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thermal Energy International EV-to-EBITDA Calculation

Thermal Energy International's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=16.748/1.552
=10.79

Thermal Energy International's current Enterprise Value is $16.75 Mil.
Thermal Energy International's EBITDA 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 $1.55 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 10.79 mean?
Thermal Energy International (TMGEF) has a EV-to-EBITDA of 10.79 as of Jul. 27, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thermal Energy International. This is 29% below median its historical median of 15.30. According to the industry distribution chart, Thermal Energy International ranks #898 out of 2475 companies in the Industrial Products industry, placing it in the top 36.3%.
Is Thermal Energy International's EV-to-EBITDA too high?
Thermal Energy International's current EV-to-EBITDA of 10.79 is 29% below median its 10-year median of 15.30. The Industrial Products industry median EV-to-EBITDA is 15.42. Thermal Energy International's value of 10.79 is 30% below this industry median. Based on the distribution chart, Thermal Energy International ranks #898 out of 2475 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-EBITDA compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Thermal Energy International ranks #898 out of 2475 companies for EV-to-EBITDA. This puts Thermal Energy International in the upper half of its industry. The industry median EV-to-EBITDA is 15.42. Thermal Energy International's value of 10.79 is 30% below this benchmark. While the company's 10-year median is 15.30 vs. the industry median of 15.42, 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-EBITDA for an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 15.42, based on 2,475 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thermal Energy International's current EV-to-EBITDA of 10.79 is 30% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thermal Energy International. For the Industrial Products industry, the median EV-to-EBITDA is 15.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermal Energy International's current EV-to-EBITDA is 10.79, which is 29% below median its own 10-year median of 15.30. 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-EBITDA is 10.79, which is 29% below median its 10-year median of 15.30 and 30% below the Industrial Products industry median of 15.42. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Thermal Energy International (TMGEF), the current EV-to-EBITDA is 10.79 as of Jul. 27, 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-EBITDA: 10.79 (29% below median its 10-year median of 15.30)
  • GF Value™: $0.18 vs. price of $0.11 (39.5% below fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 30% below the Industrial Products median (#898 of 2475)

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 Business Description

Other Exchanges EUW:GermanyTMG:Canada
Address 36 Antares Drive, Suite 850, Ottawa, ON, CAN, K2E 7W5
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-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.11
Price
$0.18
GF Value