Thermador GroupeCHIX:THEPP 89 Return-on-Tangible-Equity is 15.35% as of Dec. 2025, which is 26% below its 10-year median of 20.68. GuruFocus rates CHIX:THEPP with a GF Score™ of 89/100 and a GF Value™ of €85.02. The stock has 3 warning signs investors should review. Among 153 Industrial Distribution companies, Thermador Groupe ranks better than 66.67% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Thermador Groupe's annualized net income for the quarter that ended in Dec. 2025 was €43.6 Mil. Thermador Groupe's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €284.2 Mil. Therefore, Thermador Groupe's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 15.35%.
The historical rank and industry rank for Thermador Groupe's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:THEPp'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.37 Med: 20.68 Max: 27.37
Current: 15.56
During the past 13 years, Thermador Groupe's highest Return-on-Tangible-Equity was 27.37%. The lowest was 14.37%. And the median was 20.68%.
CHIX:THEPp's Return-on-Tangible-Equity is ranked better than 66.67% of 153
companies
in the Industrial Distribution industry
Industry Median: 8.96
vs CHIX:THEPp: 15.56
Thermador Groupe (CHIX:THEPp) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Thermador Groupe Return-on-Tangible-Equity Related Terms
Thermador Groupe Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Thermador Groupe's Return-on-Tangible-Equity 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.
CHIX:THEPP vs GWW, FAST, FERG: Return-on-Tangible-Equity Comparison
For the Industrial Distribution subindustry, Thermador Groupe's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Thermador Groupe Return-on-Tangible-Equity vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Thermador Groupe's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thermador Groupe's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.35% mean?
Thermador Groupe (CHIX:THEPP) has a Return-on-Tangible-Equity of 15.35% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Thermador Groupe and its competitors. This is 26% below median its historical median of 20.68. Over the past decade, Thermador Groupe's Return-on-Tangible-Equity has ranged from 14.37 to 27.37. According to the industry distribution chart, Thermador Groupe ranks #51 out of 153 companies in the Industrial Distribution industry, placing it in the top 33.3%.
Is Thermador Groupe's Return-on-Tangible-Equity too high?
Thermador Groupe's current Return-on-Tangible-Equity of 15.35% is 26% below median its 10-year median of 20.68. Over the past 10 years, this metric has ranged from a low of 14.37 to a high of 27.37. The Industrial Distribution industry median Return-on-Tangible-Equity is 8.96. Thermador Groupe's value of 15.35% is 71.3% above this industry median. Based on the distribution chart, Thermador Groupe ranks #51 out of 153 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Thermador Groupe has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Thermador Groupe's Return-on-Tangible-Equity compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Thermador Groupe ranks #51 out of 153 companies for Return-on-Tangible-Equity. This puts Thermador Groupe in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.96. Thermador Groupe's value of 15.35% is 71.3% above this benchmark. Historically, Thermador Groupe's own Return-on-Tangible-Equity has ranged from 14.37 to 27.37 over the past decade. While the company's 10-year median is 20.68 vs. the industry median of 8.96, Thermador Groupe has consistently been above 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 Return-on-Tangible-Equity for an Industrial Distribution company?
The median Return-on-Tangible-Equity among Industrial Distribution companies is 8.96, based on 153 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thermador Groupe's current Return-on-Tangible-Equity of 15.35% is 71.3% above 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Thermador Groupe and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Equity is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermador Groupe's current Return-on-Tangible-Equity is 15.35%, which is 26% below median its own 10-year median of 20.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermador Groupe stock overvalued right now?
Thermador Groupe (CHIX:THEPP) has a current Return-on-Tangible-Equity of 15.35%. The stock's GF Value™ is €85.02, compared to a current price of €84.75 — trading 0.3% below its estimated fair value. The current Return-on-Tangible-Equity is 15.35%, which is 26% below median its 10-year median of 20.68 and 71.3% above the Industrial Distribution industry median of 8.96. Thermador Groupe's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Thermador Groupe (CHIX:THEPP), the current Return-on-Tangible-Equity is 15.35% as of Dec. 2025. 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 Thermador Groupe (CHIX:THEPP) Overvalued in 2026?
Based on GuruFocus' analysis, Thermador Groupe stock appears to be undervalued.
The current stock price of €84.75 is trading 0.3% below its estimated GF Value™ of €85.02.
Key valuation signals for CHIX:THEPP:
Return-on-Tangible-Equity: 15.35% (26% below median its 10-year median of 20.68)
GF Value™: €85.02 vs. price of €84.75 (0.3% below fair value)
Industry Position: 71.3% above the Industrial Distribution median (#51 of 153)
No single metric tells the full story. See the CHIX:THEPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thermador Groupe SA operates as a corporate group that owns and manages businesses engaged in the distribution of equipment and accessories for fluid circulation used in construction, public works, and industrial applications. Its product portfolio includes heating and domestic hot water accessories, heating pumps, plumbing equipment, sanitary and building taps, ventilation systems, industrial valves, cold water pumps, plastic pipes and fittings for wet and dry networks, irrigation and construction materials, swimming pool equipment, as well as tools and equipment such as air compressors, generators, and welding sets for professional and consumer markets.
89GF Score
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