Added to YB: 2025-08-08
Pitch date: 2025-08-07
THR [bullish]
Thermon Group Holdings, Inc.
+3.63%
current return
Author Info
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Company Info
Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific.
Market Cap
$924.8M
Pitch Price
$25.07
Price Target
56.50 (+117%)
Dividend
N/A
Sector
Electrical Equipment
Category
growth
Quick Idea: Thermon - Niche Industrial Duopoly
THR: Industrial heat trace duopoly pivoted from O&G to diversified markets (70%+ rev). 40% GMs, 2% capex/rev. Orders accelerating post-election. 13x CF multiple w/beat-raise trajectory coming. 50-100% upside at 15-20x on $3+ FCF/share by 2026. Attractive M&A target w/underlevered balance sheet; Brookfield paid $1.7B for comparable NVT unit.
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