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Thermon Group Holdings - Stock

Thermon Group Holdings ROCE 2024

Thermon Group Holdings ROCE

0.16

Ticker

THR

ISIN

US88362T1034

WKN

A1H99U

In 2024, Thermon Group Holdings's return on capital employed (ROCE) was 0.16, a 78.29% increase from the 0.09 ROCE in the previous year.

Thermon Group Holdings Aktienanalyse

What does Thermon Group Holdings do?

Thermon Group Holdings Inc is a US-based company specializing in the manufacturing of industrial heat transfer systems. The company was founded in 1954 under the name Thermon Manufacturing Company and has since grown to become a leading manufacturer of electric heating systems for various industries. In 2010, it was listed on the New York Stock Exchange as Thermon Group Holdings. Thermon Group Holdings' business model is based on the manufacturing and sale of heat transfer systems for various industries, including petrochemicals, food and beverage, pharmaceuticals, and semiconductors. The company operates in over 30 countries worldwide, with sales and manufacturing locations in North America, Europe, Asia, and Australia. Thermon Group Holdings offers a wide range of products tailored to the needs of each industry. These include electric heating cable systems, pipe heating systems, heating tapes, and heating mats, which can be used in various applications. For example, pipe heating systems are used in oil and gas production to ensure the flow of liquids in pipelines and avoid problems caused by freezing. Electric heating cable systems are essential in the food industry to regulate the temperature of tanks and pipelines, ensuring the quality of the food. The company divides its business segments into three categories: Solutions, Products, and Services. In the Solutions segment, Thermon Group Holdings provides customized heat transfer solutions tailored to specific customer requirements. In the Products segment, the company produces a wide range of heat transfer products. In the Services segment, the company offers various services such as installation, maintenance, and repair of heat transfer systems. Over the years, Thermon Group Holdings has also positioned itself in the market through acquisitions. In 2019, the company acquired its competitor CCI Thermal Technologies to expand its product range and strengthen its market position. Overall, Thermon Group Holdings is a leading manufacturer of heat transfer systems for the industry, offering customized solutions to its customers through its wide range of products and global presence. The company aims to bring innovative products and services to the market to meet the heat transfer needs of customers worldwide. Thermon Group Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Thermon Group Holdings's Return on Capital Employed (ROCE)

Thermon Group Holdings's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Thermon Group Holdings's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Thermon Group Holdings's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Thermon Group Holdings’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Thermon Group Holdings Stock

What is the ROCE (Return on Capital Employed) of Thermon Group Holdings this year?

The ROCE of Thermon Group Holdings is 0.16 undefined this year.

How has the ROCE (Return on Capital Employed) of Thermon Group Holdings developed compared to the previous year?

The ROCE of Thermon Group Holdings has increased by 78.29% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Thermon Group Holdings?

A high Return on Capital Employed (ROCE) indicates that Thermon Group Holdings has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Thermon Group Holdings?

A low ROCE (Return on Capital Employed) can indicate that Thermon Group Holdings has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Thermon Group Holdings impact the company?

An increase in the ROCE of Thermon Group Holdings can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Thermon Group Holdings affect the company?

A decrease in ROCE of Thermon Group Holdings can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Thermon Group Holdings?

Some factors that can affect Thermon Group Holdings's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Thermon Group Holdings so important for investors?

The ROCE of Thermon Group Holdings is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Thermon Group Holdings take to improve the ROCE?

To improve the ROCE, Thermon Group Holdings can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Thermon Group Holdings pay?

Over the past 12 months, Thermon Group Holdings paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Thermon Group Holdings is expected to pay a dividend of 0 USD.

What is the dividend yield of Thermon Group Holdings?

The current dividend yield of Thermon Group Holdings is .

When does Thermon Group Holdings pay dividends?

Thermon Group Holdings pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Thermon Group Holdings?

Thermon Group Holdings paid dividends every year for the past 0 years.

What is the dividend of Thermon Group Holdings?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Thermon Group Holdings located?

Thermon Group Holdings is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Thermon Group Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Thermon Group Holdings from 6/30/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/30/2024.

When did Thermon Group Holdings pay the last dividend?

The last dividend was paid out on 6/30/2024.

What was the dividend of Thermon Group Holdings in the year 2023?

In the year 2023, Thermon Group Holdings distributed 0 USD as dividends.

In which currency does Thermon Group Holdings pay out the dividend?

The dividends of Thermon Group Holdings are distributed in USD.

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Andere Kennzahlen von Thermon Group Holdings

Our stock analysis for Thermon Group Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Thermon Group Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.