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THEP.PA$70.00+0.43%
Fair $70.00+0.0%

THEP.PA

Thermador Groupe SA

Industrials / Industrial DistributionParis

$70.00

+0.30 (+0.43%)

Fairly Valued+0.0%Fair Value $70.00Fund rank 36/100 · Data gapFallback financials|
SA 49/C
F-Score: 4/9
Declining RevenueMargin Compression

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 25% · confianza 25%

FCF escenarios

weak_data · normalized FCF $63.6M · quality 73.7/100

Data gap 36/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 65/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

49/100

C

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Revenue has declined for 2 consecutive years Operating margin has declined for 3 consecutive years
Thesis & Journal · THEP.PALocal privado en este navegador · Thermador Groupe SA
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$642M

P/E

15.4x

↓

EV/EBITDA

8.7x

↓

ROE

10.8%

↑

Gross Margin

36.9%

↑

Debt/Equity

0.13

↓
52-Week Range$70
$68$86

TradingView lightweight chart

THEP.PA price, volumen y niveles de valoración

Último $70.00Periodo +660.9%
Fair value: $70.00

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-3.2%

FCF CAGR

+65.1%

FCF margin

12.7%

FCF / Net income

1.44x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $501.7M · net income $44.1M · FCF $63.6M

2022-FY → 2025-FY

Gross margin

36.9%+2.1% pts

Operating margin

11.8%-2.5% pts

Net margin

8.8%-1.9% pts

FCF margin

12.7%+10.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$501.7M$501.7M$503.9M$581.0M$553.9M
Net Income$44.1M$44.1M$44.7M$58.3M$58.9M
EBITDA$72.7M$72.7M$73.2M$92.0M$88.5M
EPS4.564.564.636.016.07
Gross Margin36.9%36.9%36.2%35.5%34.8%
Operating Margin11.8%11.8%11.9%13.9%14.4%
Net Margin8.8%8.8%8.9%10.0%10.6%
Balance Sheet
Debt/Equity0.130.130.090.130.17
Current Ratio3.333.33———
Cash Flow
Free Cash Flow$63.6M$63.6M$64.8M$48.1M$14.1M
Returns
ROE10.8%10.8%11.7%16.2%18.5%
Valuation
P/E15.3515.3515.3313.6315.09
EV/EBITDA8.698.698.988.7710.46
P/B1.671.671.802.212.79
Growth & Yield
Revenue Growth-0.4%-0.4%-13.3%4.9%—
EPS Growth-1.5%-1.5%-23.0%-1.0%—
Dividend Yield3.0%3.0%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

10.9%

razonable

EPS terminal req.

$6.21

Spread vs growth

-12.4%

5Y implied EPS CAGR

10.5%

razonable

EPS terminal req.

$7.52

Spread vs growth

-12.0%

10Y implied EPS CAGR

10.3%

razonable

EPS terminal req.

$12.10

Spread vs growth

-11.8%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +4.7%

Total return

+4.7%

Start / end P/E

14.9x → 15.4x

EPS bridge

4.63 → 4.56

Residual

-0.0%

EPS growth-1.5%
Multiple rerating+3.3%
Dividend+3.0%
Residual / FX / buybacks / cross-term-0.0%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.