Thermal Energy International (TSXV:TMG) Net Margin %: 3.43% (As of Feb. 2026) — 105% Above Median


TSXV:TMG Thermal Energy International Inc TSXV:TMG
64 GF Score
Price C$0.16
GF Value C$0.24
Valuation Possible Value Trap
! 4 Warning Signs
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What is Thermal Energy International Net Margin %?

Thermal Energy International TSXV:TMG 64 Net Margin % is 3.43% as of Feb. 2026, which is 105% above its 10-year median of 1.67. GuruFocus rates TSXV:TMG with a GF Score™ of 64/100 and a GF Value™ of C$0.24 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 3,039 Industrial Products companies, Thermal Energy International ranks worse than 54.62% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Thermal Energy International's Net Income for the three months ended in Feb. 2026 was C$0.32 Mil. Thermal Energy International's Revenue for the three months ended in Feb. 2026 was C$9.42 Mil. Therefore, Thermal Energy International's net margin for the quarter that ended in Feb. 2026 was 3.43%.

The historical rank and industry rank for Thermal Energy International's Net Margin % or its related term are showing as below:

TSXV:TMG' s Net Margin % Range Over the Past 10 Years
Min: -12.07   Med: 1.67   Max: 3.75
Current: 3.75


TSXV:TMG's Net Margin % is ranked worse than
54.62% of 3039 companies
in the Industrial Products industry
Industry Median: 4.54 vs TSXV:TMG: 3.75

Thermal Energy International  (TSXV:TMG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Thermal Energy International Net Margin % Related Terms


Thermal Energy International Net Margin % Historical Data

* Premium members only.

The historical data trend for Thermal Energy International's Net Margin % 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 Net Margin % Chart

Thermal Energy International Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 -12.07 3.40 3.59 0.25

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
Net Margin % 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 -7.17 2.92 2.15 5.67 3.43

TSXV:TMG vs VLTO, ZWS, CECO: Net Margin % Comparison

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

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

* The bar in red indicates where Thermal Energy International's Net Margin % falls into.


TSXV:TMG
64GF Score
Thermal Energy International Inc TSXV:TMG
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thermal Energy International Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: May. 2025 )/Revenue (A: May. 2025 )
=0.073/29.78
=0.25 %

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

Net Margin=Net Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=0.323/9.424
=3.43 %

* 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 Net Margin % →
What does a Net Margin % of 3.43% mean?
Thermal Energy International (TSXV:TMG) has a Net Margin % of 3.43% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Thermal Energy International and its competitors. This is 105% above median its historical median of 1.67. According to the industry distribution chart, Thermal Energy International ranks #1660 out of 3039 companies in the Industrial Products industry, placing it in the top 54.6%.
Is Thermal Energy International's Net Margin % too high?
Thermal Energy International's current Net Margin % of 3.43% is 105% above median its 10-year median of 1.67. The Industrial Products industry median Net Margin % is 4.54. Thermal Energy International's value of 3.43% is 24.4% below this industry median. Based on the distribution chart, Thermal Energy International ranks #1660 out of 3039 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Thermal Energy International has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermal Energy International's Net Margin % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Thermal Energy International ranks #1660 out of 3039 companies for Net Margin %. This places Thermal Energy International in the lower half of its industry. The industry median Net Margin % is 4.54. Thermal Energy International's value of 3.43% is 24.4% below this benchmark. While the company's 10-year median is 1.67 vs. the industry median of 4.54, 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 Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.54, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thermal Energy International's current Net Margin % of 3.43% is 24.4% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Thermal Energy International and its competitors. For the Industrial Products industry, the median Net Margin % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermal Energy International's current Net Margin % is 3.43%, which is 105% above median its own 10-year median of 1.67. 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 (TSXV:TMG) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.24, compared to a current price of C$0.16 — trading 33.3% below its estimated fair value. The current Net Margin % is 3.43%, which is 105% above median its 10-year median of 1.67 and 24.4% below the Industrial Products industry median of 4.54. Thermal Energy International's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Thermal Energy International (TSXV:TMG), the current Net Margin % is 3.43% as of Feb. 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 (TSXV:TMG) Overvalued in 2026?

Based on GuruFocus' analysis, Thermal Energy International stock appears to be undervalued. The current stock price of C$0.16 is trading 33.3% below its estimated GF Value™ of C$0.24. GuruFocus considers Thermal Energy International to be Possible Value Trap.

Key valuation signals for TSXV:TMG:

  • Net Margin %: 3.43% (105% above median its 10-year median of 1.67)
  • GF Value™: C$0.24 vs. price of C$0.16 (33.3% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 24.4% below the Industrial Products median (#1660 of 3039)

No single metric tells the full story. See the TSXV:TMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thermal Energy International Business Description

Other Exchanges TMGEF:USAEUW:Germany
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.
64GF Score

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

C$0.16
Price
C$0.24
GF Value