TMGEF (Thermal Energy International) Market Cap: $19.26 Mil (As of Jun. 28, 2026)


TMGEF Thermal Energy International Inc TMGEF
65 GF Score
Price $0.12
GF Value $0.18
Valuation Possible Value Trap
! 4 Warning Signs
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What is Thermal Energy International Market Cap?

Thermal Energy International TMGEF +7.44% 65 Market Cap is $19.26 Mil as of Jun. 28, 2026. GuruFocus rates TMGEF with a GF Score™ of 65/100 and a GF Value™ of $0.18 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 3,093 Industrial Products companies, Thermal Energy International ranks worse than 85.68% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Thermal Energy International's share price for the quarter that ended in Feb. 2026 was $0.1235. Thermal Energy International's Shares Outstanding (EOP) for the quarter that ended in Feb. 2026 was 170.96 Mil. Therefore, Thermal Energy International's market cap for the quarter that ended in Feb. 2026 was $21.11 Mil.

Thermal Energy International's quarterly market cap declined from Aug. 2025 ($18.31 Mil) to Nov. 2025 ($14.72 Mil) but then increased from Nov. 2025 ($14.72 Mil) to Feb. 2026 ($21.11 Mil).

Thermal Energy International's annual market cap increased from May. 2023 ($11.68 Mil) to May. 2024 ($31.99 Mil) but then declined from May. 2024 ($31.99 Mil) to May. 2025 ($14.42 Mil).

Enterprise Value is 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 and cash equivalents. Thermal Energy International's Enterprise Value for Today is $17.22 Mil.


Thermal Energy International  (OTCPK:TMGEF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Thermal Energy International Market Cap Related Terms


Thermal Energy International Market Cap Historical Data

* Premium members only.

The historical data trend for Thermal Energy International's Market Cap 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 Market Cap Chart

Thermal Energy International Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.24 12.98 11.68 31.99 14.42

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
Market Cap 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 18.23 14.42 18.31 14.72 21.11

TMGEF vs VLTO, ZWS, CECO: Market Cap Comparison

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

For the Industrial Products industry and Industrials sector, Thermal Energy International's Market Cap distribution charts can be found below:

* The bar in red indicates where Thermal Energy International's Market Cap falls into.


TMGEF
65GF Score
Thermal Energy International Inc TMGEF
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Thermal Energy International Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Thermal Energy International's Market Cap for the fiscal year that ended in May. 2025 is calculated as

Market Cap (A: May. 2025 )=Share Price (A: May. 2025 )*Shares Outstanding (EOP) (A: May. 2025 )
=$0.0833*173.114
=$14.42

Thermal Energy International's Market Cap for the quarter that ended in Feb. 2026 is calculated as

Market Cap (Q: Feb. 2026 )=Share Price (Q: Feb. 2026 )*Shares Outstanding (EOP) (Q: Feb. 2026 )
=$0.1235*170.963
=$21.11

* 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 Market Cap →
What does a Market Cap of $19.26 Mil mean?
Thermal Energy International (TMGEF) has a Market Cap of $19.26 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Thermal Energy International and its competitors. According to the industry distribution chart, Thermal Energy International ranks #2650 out of 3093 companies in the Industrial Products industry, placing it in the top 85.7%.
Is Thermal Energy International's Market Cap too high?
Thermal Energy International's current Market Cap is $19.26 Mil. The Industrial Products industry median Market Cap is 279.34. Thermal Energy International's value of $19.26 Mil is 93.1% below this industry median. Based on the distribution chart, Thermal Energy International ranks #2650 out of 3093 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Thermal Energy International has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermal Energy International's Market Cap compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Thermal Energy International ranks #2650 out of 3093 companies for Market Cap. This places Thermal Energy International in the lower half of its industry. The industry median Market Cap is 279.34. Thermal Energy International's value of $19.26 Mil is 93.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 279.34, based on 3,093 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thermal Energy International's current Market Cap of $19.26 Mil is 93.1% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Thermal Energy International and its competitors. For the Industrial Products industry, the median Market Cap is 279.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermal Energy International's current Market Cap is $19.26 Mil. 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 $0.12 — trading 35.1% below its estimated fair value. The current Market Cap is $19.26 Mil and 93.1% below the Industrial Products industry median of 279.34. Thermal Energy International's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Thermal Energy International (TMGEF), the current Market Cap is $19.26 Mil as of Jun. 28, 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 $0.12 is trading 35.1% below its estimated GF Value™ of $0.18. GuruFocus considers Thermal Energy International to be Possible Value Trap.

Key valuation signals for TMGEF:

  • Market Cap: $19.26 Mil
  • GF Value™: $0.18 vs. price of $0.12 (35.1% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 93.1% below the Industrial Products median (#2650 of 3093)

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.
65GF Score

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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.12
Price
$0.18
GF Value