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THERMAX
Intrinsic Value | Fundamental Analysis

BOM : 500411     NSE : THERMAX    
LT :  
    Long Term Analysis
Fundamentals : Average
Valuation : Bad [Stock is Expensive]
Debt : Low
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Neutral
Price Momentum : Upward
Pledged Shares : None or < 25%
Oct 10,2024
Price(EOD): ₹ 5,058.55
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Engineering - Industrial Equipments
MCap: ₹ 60,297.92 Cr
Value of ₹ 1 Lac invested in THERMAX
on Oct 10,2019 (price: ₹ 1,118.50)

₹ 1 L

₹ 4.52 L

1W : -2.4% 1M : 15.6% 1Y : 70.9%
COMMUNITY POLL
for THERMAX
Please provide your vote to see the results
THERMAX is part of below Screeners ↓
Best 1M Momentum Mid Cap Stocks
Industry Peers & Returns1W1M1Y
THERMAX -2.4% 15.6% 70.9%
BHARAT ELECTRONICS 3.5% 0.4% 103.3%
BHARAT HEAVY ELECTRICALS 1.4% 2.6% 105.1%
TRIVENI TURBINE 10.9% -0.4% 81.4%
KIRLOSKAR OIL ENGINES 0.3% -11.8% 116.2%
ELECON ENGINEERING COMPANY 3.8% 10.5% 69.9%

FUNDAMENTAL ANALYSIS OF THERMAX

 
Fundamentals Score
[ Q(TTM): Jun2024, Y: Mar2024
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]


VALUATION OF THERMAX

 
Valuation Score
[As on : Oct 10,2024 ]

Ratio Consolidated
P/E
P/B
P/S
86.91
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 693.51 Cr
[Latest Qtr - Jun2024 - Consolidated Results ]

13.59
P/B Calculated based on Book Value of Rs 4,433.83 Cr
[Latest Year - Mar2024 - Consolidated Results ]

6.3
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 9,574.91 Cr
[Latest Qtr - Jun2024 - Consolidated Results ]

Financial Ratios →

Insights 💡 There are potential 9% undervalued companies ! Discover More →

FAIR VALUE OF THERMAX

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
296%
139%
148%

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SHARE PRICE MOMENTUM OF THERMAX


Insights 💡 THERMAX is one of the top 23% companies with bullish price momentum currently! Discover More →

THERMAX vs SENSEX


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DEBT OF THERMAX

Year Debt/Equity ratio
Standalone Consolidated
2024
2023
2022
Avg_3yrs
0.09
0.07
0.06
0.07
0.28
0.21
0.1
0.2
[Last Annual Data : Mar2024]
Financial Ratios →

PLEDGED PROMOTER SHARES OF THERMAX

Pledged Promoter Shares
0 %
As on : Dec2023

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF THERMAX

Consolidated Q-o-Q Y-o-Y
Revenue
Op Profit
Profit Before Tax
Profit After Tax
-20.96%
-48.33%
-35.49%
-41.4%
13.01%
6.77%
76.06%
82.04%
QtrlyTrend
0
Latest Qtr: Jun2024
Quarterly Result Analysis →


THERMAX related INDICES

BSE Indices1W1M1Y
S&P BSE INDUSTRIALS 1.2% 1% 53.2%
S&P BSE CAPITAL GOODS 1.1% 1% 48.4%
S&P BSE MIDSMALLCAP -0.2% 0.6% 50.5%
S&P BSE 400 MIDSMALLCAP -0.3% 0.4% 48.3%
S&P BSE MID CAP -0.3% -0.3% 51.3%
NSE Indices1W1M1Y
NIFTY MIDCAP150 -0.1% 1.2% 46.1%
NIFTY MID SMALL400 -0.2% 0.7% 46.8%
NIFTY LARGE MIDCAP 250 -0.5% 0.8% 40%
NIFTY500 MULTICAP 50:25:25 -0.5% 0.4% 40.5%
NIFTY 500 -0.7% 0.4% 37.2%

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FAQ about THERMAX


Is THERMAX good for long term investment?

As on Oct 10,2024, the Fundamentals of THERMAX look Average and hence you may wait for the results to improve to invest for long term ! See Financial Performance of THERMAX . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is THERMAX UnderValued or OverValued?

As on Oct 10,2024, THERMAX is Over Valued based on the estimates of intrinsic value and hence may not be a good buying opportunity according to Share Valuation at this time!

What is the Intrinsic Value of THERMAX ?

As on Oct 10,2024, the Intrinsic Value of THERMAX is Rs. 2,043.55 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 1,277.24
Fair Value [Median EV / Sales Model] : Rs. 2,116.95
Fair Value [Median Price / Sales Model] : Rs. 2,043.55
Estimated Median Fair Value of THERMAX : Rs. 2,043.55

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is THERMAX trading at a Premium or Discount?

As on Oct 10,2024, THERMAX is trading at a Premium of 148% based on the estimates of Median Intrinsic Value!