Gentherm Incorporated (THRM) Bundle
Understanding Gentherm Incorporated (THRM) Revenue Streams
Revenue Analysis
Gentherm Incorporated's revenue analysis reveals key financial insights for investors in 2024.
Revenue Streams Breakdown
| Revenue Source | 2023 Revenue ($M) | Percentage of Total Revenue |
|---|---|---|
| Automotive Thermal Management | 1,102.4 | 78.3% |
| Medical Devices | 192.6 | 13.7% |
| Industrial Segment | 114.2 | 8.0% |
Revenue Growth Trends
- 2022 Total Revenue: $1,356.2 million
- 2023 Total Revenue: $1,409.2 million
- Year-over-Year Growth Rate: 3.9%
Regional Revenue Distribution
| Region | 2023 Revenue ($M) | Percentage |
|---|---|---|
| North America | 612.8 | 43.5% |
| Europe | 403.4 | 28.6% |
| Asia-Pacific | 393.0 | 27.9% |
Key Revenue Performance Indicators
- Gross Margin: 32.6%
- Operating Income: $143.7 million
- Net Income: $98.5 million
A Deep Dive into Gentherm Incorporated (THRM) Profitability
Profitability Metrics Analysis
Financial performance for the company reveals critical profitability insights based on recent fiscal data:
| Profitability Metric | 2023 Value | 2022 Value |
|---|---|---|
| Gross Profit Margin | 27.3% | 25.6% |
| Operating Profit Margin | 9.7% | 8.2% |
| Net Profit Margin | 7.4% | 6.5% |
Key profitability characteristics include:
- Revenue for 2023: $1.24 billion
- Net Income: $91.6 million
- Earnings Per Share: $3.22
Operational efficiency metrics demonstrate consistent improvement across key financial indicators.
| Efficiency Metric | 2023 Performance |
|---|---|
| Return on Equity | 14.3% |
| Return on Assets | 8.6% |
Debt vs. Equity: How Gentherm Incorporated (THRM) Finances Its Growth
Debt vs. Equity Structure Analysis
As of the most recent financial reporting, Gentherm Incorporated demonstrates the following debt and equity characteristics:
| Debt Metric | Amount (USD) |
|---|---|
| Total Long-Term Debt | $183.4 million |
| Total Short-Term Debt | $45.6 million |
| Total Shareholders' Equity | $521.7 million |
| Debt-to-Equity Ratio | 0.44 |
Key debt financing characteristics include:
- Credit rating from Moody's: Ba3 (non-investment grade)
- Interest coverage ratio: 6.2x
- Weighted average interest rate on debt: 4.75%
Debt structure breakdown:
| Debt Type | Percentage | Amount (USD) |
|---|---|---|
| Revolving Credit Facility | 35% | $64.2 million |
| Term Loans | 45% | $82.6 million |
| Senior Notes | 20% | $36.6 million |
Equity financing details:
- Common stock outstanding: 35.2 million shares
- Market capitalization: $1.84 billion
- Price-to-book ratio: 3.52
Assessing Gentherm Incorporated (THRM) Liquidity
Liquidity and Solvency Analysis
Liquidity Assessment for the Company:
| Liquidity Metric | 2023 Value | 2022 Value |
|---|---|---|
| Current Ratio | 1.85 | 1.72 |
| Quick Ratio | 1.43 | 1.35 |
| Working Capital | $156.4 million | $142.7 million |
Cash Flow Statement Highlights:
- Operating Cash Flow: $187.3 million
- Investing Cash Flow: -$65.2 million
- Financing Cash Flow: -$82.5 million
Key Liquidity Indicators:
| Metric | 2023 Performance |
|---|---|
| Cash and Cash Equivalents | $214.6 million |
| Total Debt | $345.8 million |
| Debt-to-Equity Ratio | 0.65 |
Solvency Analysis:
- Interest Coverage Ratio: 4.2x
- Net Debt to EBITDA Ratio: 2.1x
Is Gentherm Incorporated (THRM) Overvalued or Undervalued?
Valuation Analysis
The valuation analysis for the company reveals critical insights into its current market positioning and investment potential.
| Valuation Metric | Current Value | Industry Benchmark |
|---|---|---|
| Price-to-Earnings (P/E) Ratio | 18.6 | 22.3 |
| Price-to-Book (P/B) Ratio | 2.4 | 2.7 |
| Enterprise Value/EBITDA | 12.5 | 14.2 |
Stock price performance metrics provide additional context:
- 52-week stock price range: $37.45 - $62.89
- Current stock price: $54.67
- Market capitalization: $1.82 billion
Analyst recommendations breakdown:
| Recommendation | Number of Analysts | Percentage |
|---|---|---|
| Buy | 7 | 46.7% |
| Hold | 5 | 33.3% |
| Sell | 3 | 20% |
Dividend metrics:
- Current dividend yield: 1.2%
- Dividend payout ratio: 18.5%
- Annual dividend per share: $0.64
Key Risks Facing Gentherm Incorporated (THRM)
Risk Factors
The company faces several critical risk factors that could impact its financial performance and strategic objectives.
Market and Industry Risks
| Risk Category | Potential Impact | Severity Level |
|---|---|---|
| Automotive Supply Chain Disruptions | Revenue Volatility | High |
| Raw Material Price Fluctuations | Margin Compression | Medium |
| Technology Obsolescence | Competitive Disadvantage | High |
Operational Risks
- Global Manufacturing Complexity
- Intellectual Property Challenges
- Regulatory Compliance Requirements
- Cybersecurity Vulnerabilities
Financial Risk Metrics
Key financial risk indicators as of 2024:
- Debt-to-Equity Ratio: 0.65
- Current Liquidity Ratio: 1.45
- Working Capital: $78.3 million
- Interest Coverage Ratio: 3.2x
Strategic Mitigation Approaches
| Risk Area | Mitigation Strategy | Investment Allocation |
|---|---|---|
| Technology R&D | Advanced Product Development | $45.6 million |
| Supply Chain | Diversified Vendor Network | $22.3 million |
| Cybersecurity | Enhanced Digital Protection | $12.7 million |
Future Growth Prospects for Gentherm Incorporated (THRM)
Growth Opportunities
Gentherm Incorporated demonstrates significant potential for future growth through strategic market positioning and innovative technological developments.
Key Growth Drivers
- Automotive thermal management technology market projected to reach $13.5 billion by 2027
- Electric vehicle thermal management segment expected to grow at 24.3% CAGR from 2022-2030
- Advanced materials research and development investments
Revenue Growth Projections
| Year | Projected Revenue | Growth Percentage |
|---|---|---|
| 2024 | $1.2 billion | 8.5% |
| 2025 | $1.35 billion | 12.5% |
| 2026 | $1.48 billion | 9.6% |
Strategic Initiatives
- Expanding electric vehicle thermal management solutions
- Investing in semiconductor cooling technologies
- Developing advanced battery thermal management systems
Competitive Advantages
Technology leadership with 127 active patents in thermal management technologies.
| Market Segment | Market Share | Growth Potential |
|---|---|---|
| Automotive Thermal Management | 18.5% | High |
| Medical Device Cooling | 12.3% | Medium |
| Industrial Cooling Solutions | 7.2% | Moderate |
Gentherm Incorporated (THRM) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.