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Thermador Groupe

BST:T8DA
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
T8DA
BST
€492M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Thermador Groupe SA, together with its subsidiaries, engages in the distribution business in France. The last earnings update was 100 days ago. More info.


Add to Portfolio Compare Print
T8DA Share Price and Events
7 Day Returns
-3.3%
BST:T8DA
7%
DE Trade Distributors
0.8%
DE Market
1 Year Returns
15.1%
BST:T8DA
6.9%
DE Trade Distributors
9%
DE Market
T8DA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Thermador Groupe (T8DA) -3.3% 0.4% -4.3% 15.1% 37% -
DE Trade Distributors 7% 8.4% 16.8% 6.9% -1.2% 8.4%
DE Market 0.8% 6.3% 14.4% 9% 14.5% 21.8%
1 Year Return vs Industry and Market
  • T8DA outperformed the Trade Distributors industry which returned 6.9% over the past year.
  • T8DA outperformed the Market in Germany which returned 9% over the past year.
Price Volatility
T8DA
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Thermador Groupe undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Thermador Groupe to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Thermador Groupe.

BST:T8DA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:T8DA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.951 (1 + (1- 33%) (9.2%))
1.006
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.006 * 6.65%)
6.92%

Discounted Cash Flow Calculation for BST:T8DA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Thermador Groupe is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BST:T8DA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.92%)
2020 30.80 Analyst x1 28.81
2021 34.60 Analyst x1 30.27
2022 40.60 Analyst x1 33.22
2023 41.80 Analyst x1 31.99
2024 42.61 Est @ 1.95% 30.50
2025 43.22 Est @ 1.43% 28.93
2026 43.68 Est @ 1.07% 27.35
2027 44.04 Est @ 0.82% 25.79
2028 44.32 Est @ 0.64% 24.27
2029 44.55 Est @ 0.52% 22.82
Present value of next 10 years cash flows €283.00
BST:T8DA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €44.55 × (1 + 0.23%) ÷ (6.92% – 0.23%)
€667.32
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €667.32 ÷ (1 + 6.92%)10
€341.79
BST:T8DA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €283.00 + €341.79
€624.79
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €624.79 / 9.11
€68.58
BST:T8DA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:T8DA represents 0.98148x of ENXTPA:THEP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.98148x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 68.58 x 0.98148
€67.31
Value per share (EUR) From above. €67.31
Current discount Discount to share price of €53.00
= -1 x (€53.00 - €67.31) / €67.31
21.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Thermador Groupe is available for.
Intrinsic value
21%
Share price is €53 vs Future cash flow value of €67.31
Current Discount Checks
For Thermador Groupe to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Thermador Groupe's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Thermador Groupe's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Thermador Groupe's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Thermador Groupe's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:T8DA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €3.36
ENXTPA:THEP Share Price ** ENXTPA (2019-11-13) in EUR €54
Germany Trade Distributors Industry PE Ratio Median Figure of 7 Publicly-Listed Trade Distributors Companies 16.14x
Germany Market PE Ratio Median Figure of 403 Publicly-Listed Companies 19.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Thermador Groupe.

BST:T8DA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:THEP Share Price ÷ EPS (both in EUR)

= 54 ÷ 3.36

16.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Thermador Groupe is good value based on earnings compared to the DE Trade Distributors industry average.
  • Thermador Groupe is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Thermador Groupe's expected growth come at a high price?
Raw Data
BST:T8DA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
10.4%per year
Europe Trade Distributors Industry PEG Ratio Median Figure of 32 Publicly-Listed Trade Distributors Companies 1.82x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

BST:T8DA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.06x ÷ 10.4%

1.55x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Thermador Groupe is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Thermador Groupe's assets?
Raw Data
BST:T8DA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €22.43
ENXTPA:THEP Share Price * ENXTPA (2019-11-13) in EUR €54
Germany Trade Distributors Industry PB Ratio Median Figure of 10 Publicly-Listed Trade Distributors Companies 1.19x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
BST:T8DA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:THEP Share Price ÷ Book Value per Share (both in EUR)

= 54 ÷ 22.43

2.41x

* Primary Listing of Thermador Groupe.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Thermador Groupe is overvalued based on assets compared to the DE Trade Distributors industry average.
X
Value checks
We assess Thermador Groupe's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Thermador Groupe has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Thermador Groupe expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Thermador Groupe expected to grow at an attractive rate?
  • Thermador Groupe's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Thermador Groupe's earnings growth is positive but not above the Germany market average.
  • Thermador Groupe's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:T8DA Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:T8DA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 10.4%
BST:T8DA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 6.5%
Germany Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 13.6%
Europe Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:T8DA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:T8DA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 44
2020-12-31 377 41 36 2
2019-12-31 363 38 34 2
2019-11-13
BST:T8DA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 336 32 31
2019-03-31 324 25 30
2018-12-31 311 18 29
2018-09-30 303 18 29
2018-06-30 294 18 29
2018-03-31 281 21 28
2017-12-31 268 24 26
2017-09-30 257 23 25
2017-06-30 247 23 23
2017-03-31 239 22 22
2016-12-31 231 21 21
2016-09-30 233 18 20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Thermador Groupe's earnings are expected to grow by 10.4% yearly, however this is not considered high growth (20% yearly).
  • Thermador Groupe's revenue is expected to grow by 6.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:T8DA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Thermador Groupe Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:T8DA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 4.01 4.14 3.87 2.00
2019-12-31 3.70 3.75 3.65 2.00
2019-11-13
BST:T8DA Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 3.36
2019-03-31 3.28
2018-12-31 3.20
2018-09-30 3.19
2018-06-30 3.19
2018-03-31 3.03
2017-12-31 2.88
2017-09-30 2.72
2017-06-30 2.55
2017-03-31 2.42
2016-12-31 2.29
2016-09-30 2.27

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Thermador Groupe will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Thermador Groupe's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Thermador Groupe has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Thermador Groupe performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Thermador Groupe's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Thermador Groupe's year on year earnings growth rate has been positive over the past 5 years.
  • Thermador Groupe's 1-year earnings growth is less than its 5-year average (5.7% vs 10.4%)
  • Thermador Groupe's earnings growth has not exceeded the DE Trade Distributors industry average in the past year (5.7% vs 8.4%).
Earnings and Revenue History
Thermador Groupe's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Thermador Groupe Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:T8DA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 335.83 30.67 68.93
2019-03-31 323.51 29.91 66.31
2018-12-31 311.19 29.14 63.69
2018-09-30 302.61 29.08 60.79
2018-06-30 294.03 29.01 57.89
2018-03-31 280.87 27.63 55.01
2017-12-31 267.72 26.24 52.12
2017-09-30 257.23 24.67 50.70
2017-06-30 246.74 23.11 49.29
2017-03-31 239.07 21.86 48.49
2016-12-31 231.40 20.62 47.69
2016-09-30 232.84 20.44 49.07
2016-06-30 234.29 20.26 50.44
2016-03-31 227.27 20.22 47.11
2015-12-31 220.25 20.19 43.77
2015-09-30 212.62 19.82 42.23
2015-06-30 204.99 19.45 40.68
2015-03-31 205.29 19.65 40.66
2014-12-31 205.59 19.86 40.64
2014-09-30 208.16 20.23 40.43
2014-06-30 210.74 20.60 40.22
2014-03-31 208.20 20.29 39.80
2013-12-31 205.65 19.98 39.39
2013-09-30 204.12 19.69 39.16
2013-06-30 202.59 19.40 38.93
2013-03-31 206.55 20.31 39.17
2012-12-31 210.51 21.22 39.41

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Thermador Groupe has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Thermador Groupe used its assets more efficiently than the DE Trade Distributors industry average last year based on Return on Assets.
  • Thermador Groupe's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Thermador Groupe's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Thermador Groupe has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Thermador Groupe's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Thermador Groupe's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Thermador Groupe is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Thermador Groupe's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Thermador Groupe's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Thermador Groupe Company Filings, last reported 4 months ago.

BST:T8DA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 204.51 42.14 13.67
2019-03-31 204.51 42.14 13.67
2018-12-31 203.47 47.73 24.07
2018-09-30 203.47 47.73 24.07
2018-06-30 189.82 28.10 6.47
2018-03-31 189.82 28.10 6.47
2017-12-31 189.71 32.46 30.22
2017-09-30 189.71 32.46 30.22
2017-06-30 176.27 1.46 22.45
2017-03-31 176.27 1.46 22.45
2016-12-31 173.23 0.00 27.39
2016-09-30 173.23 0.00 27.39
2016-06-30 162.94 0.00 11.37
2016-03-31 162.94 0.00 11.37
2015-12-31 162.43 0.00 21.20
2015-09-30 162.43 0.00 21.20
2015-06-30 145.73 0.00 21.03
2015-03-31 145.73 0.00 21.03
2014-12-31 146.46 0.00 29.05
2014-09-30 146.46 0.00 29.05
2014-06-30 137.57 0.00 22.22
2014-03-31 137.57 0.00 22.22
2013-12-31 135.53 0.00 32.21
2013-09-30 135.53 0.00 32.21
2013-06-30 125.42 0.00 16.97
2013-03-31 125.42 0.00 16.97
2012-12-31 128.95 0.00 22.90
  • Thermador Groupe's level of debt (20.6%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Thermador Groupe's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (76.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 224.7x coverage).
X
Financial health checks
We assess Thermador Groupe's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Thermador Groupe has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Thermador Groupe's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.24%
Current annual income from Thermador Groupe dividends. Estimated to be 3.82% next year.
If you bought €2,000 of Thermador Groupe shares you are expected to receive €65 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Thermador Groupe's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.39%).
  • Thermador Groupe's dividend is below the markets top 25% of dividend payers in Germany (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:T8DA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Germany Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:T8DA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 2.13 2.00
2019-12-31 1.99 2.00
2019-11-13
BST:T8DA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-22 1.750 3.240
2018-02-16 1.700 3.203
2017-02-15 1.600 3.259
2016-02-16 1.600 3.977
2016-01-15 1.600 3.704
2015-02-16 1.575 3.914
2015-01-15 1.575 4.374
2014-02-14 1.575 4.156
2014-01-15 1.575 4.477
2013-02-18 1.575 5.087
2012-07-24 1.525 5.387
2012-02-14 1.525 5.357
2011-02-15 1.307 4.756
2010-02-16 1.307 5.594
2009-02-17 1.307 6.772

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Thermador Groupe's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Thermador Groupe's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Thermador Groupe afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Thermador Groupe has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Thermador Groupe's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Guillaume Robin
COMPENSATION €291,000
AGE 54
TENURE AS CEO 9.6 years
CEO Bio

Mr. Guillaume Robin has been the Chairman and Chief Executive Officer of Thermador Groupe Société Anonymesince June 30, 2011 and since April 13, 2010 respectively. Mr. Robin has been Chairman and Chief Executive Officer of Thermador S.A, a subsidiary of Thermador Groupe SA since 2006. From 1991 to 1998, he served as Sales Manager for a subsidiary of the Descours and Cabaud Group. He joined Thermador Groupe SA in 1999 as Sales Manager at PBtub. He has been a Director of Thermador Groupe Société Anonyme(alternately Thermador Groupe SA) since April 12, 2010. He serves as a Board member of Dipra, PBtub and Isocel. In 1989, Mr. Robin Graduated from the UTC Compiègne Engineering School, specialising in mechanical engineering and is a 1991 CESMA MBA graduate, EM Lyon.

CEO Compensation
  • Guillaume's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Guillaume's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Thermador Groupe management team in years:

14.8
Average Tenure
51.5
Average Age
  • The average tenure for the Thermador Groupe management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Guillaume Robin

TITLE
Chairman & CEO
COMPENSATION
€291K
AGE
54
TENURE
9.6 yrs

Guy Vincent

TITLE
Founder & External Director
COMPENSATION
€12K
AGE
89
TENURE
51.8 yrs

Lionel Monroe

TITLE
Chairman & CEO of Thermador International
COMPENSATION
€195K
AGE
52
TENURE
11.8 yrs

Jean-Francois Bonnefond

TITLE
Deputy CEO
COMPENSATION
€264K
AGE
62
TENURE
19.8 yrs

Xavier Isaac

TITLE
Chairman & CEO of Sectoriel
COMPENSATION
€187K
AGE
50
TENURE
11.8 yrs

Fabienne Bochet

TITLE
Chairman & CEO of Isocel
COMPENSATION
€117K
AGE
45
TENURE
11.8 yrs

Patricia Mavigner

TITLE
Deputy CEO
COMPENSATION
€206K
AGE
51
TENURE
3.5 yrs

Emmanuelle Desecures

TITLE
Chairman & CEO of Dipra
AGE
49
TENURE
20.8 yrs

Eric Mantione

TITLE
Chairman & CEO of PBtub
AGE
60
TENURE
24.8 yrs

Arlette Berliocchi

TITLE
Chief Executive Officer of Opaline
AGE
49
TENURE
17.8 yrs
Board of Directors Tenure

Average tenure and age of the Thermador Groupe board of directors in years:

11.8
Average Tenure
51.5
Average Age
  • The average tenure for the Thermador Groupe board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Guillaume Robin

TITLE
Chairman & CEO
COMPENSATION
€291K
AGE
54
TENURE
8.4 yrs

Guy Vincent

TITLE
Founder & External Director
COMPENSATION
€12K
AGE
89
TENURE
33.1 yrs

Lionel Monroe

TITLE
Chairman & CEO of Thermador International
COMPENSATION
€195K
AGE
52
TENURE
11.8 yrs

Jean-Francois Bonnefond

TITLE
Deputy CEO
COMPENSATION
€264K
AGE
62
TENURE
19.8 yrs

Xavier Isaac

TITLE
Chairman & CEO of Sectoriel
COMPENSATION
€187K
AGE
50
TENURE
11.8 yrs

Fabienne Bochet

TITLE
Chairman & CEO of Isocel
COMPENSATION
€117K
AGE
45
TENURE
11.8 yrs

Patricia Mavigner

TITLE
Deputy CEO
COMPENSATION
€206K
AGE
51
TENURE
3.5 yrs

Emmanuelle Desecures

TITLE
Chairman & CEO of Dipra
AGE
49
TENURE
20.8 yrs

Eric Mantione

TITLE
Chairman & CEO of PBtub
AGE
60
TENURE
24.8 yrs

Yves Ruget

TITLE
Chairman & CEO of Thermador
AGE
48
TENURE
5.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Thermador Groupe's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Thermador Groupe has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Thermador Groupe SA, together with its subsidiaries, engages in the distribution business in France. The company offers central heating and domestic hot water accessories, pumps for heating, plumbing equipment, taps, valves for building, ventilation equipment and accessories, industrial valves and fittings, cold water pumps, swimming pool equipment and accessories, air compressors, generators, and welding stations. It also provides accessories and connectors for central heating and domestic water, and plumbing fitments; pipework for the distribution of building fluids; components to original equipment manufacturers; and valves and connectors for building and industry. In addition, the company offers motorized valves and specialty products for industry; stainless steel connectors, flanges, valves, and accessories; pumps, tanks, accessories, and lifting stations; equipment and accessories for swimming pool construction and maintenance; domestic pumps, plumbing fitments, and taps for DIY superstores; and compressors, compressed air tools, welding stations, generators, battery chargers, and heating for DIY stores. Further, it exports its products. The company offers its products to wholesalers in heating and sanitation, pumps, plumbing fittings, industrials, and industrialists. Thermador Groupe SA was founded in 1968 and is headquartered in Saint-Quentin-Fallavier, France.

Details
Name: Thermador Groupe SA
T8DA
Exchange: BST
Founded: 1968
€491,926,608
9,109,752
Website: http://www.thermador-groupe.com
Address: Thermador Groupe SA
Parc d’Activités de Chesnes,
80, rue du Ruisseau,
Saint-Quentin-Fallavier,
Rhône-Alpes, 38297,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA THEP Ordinary Shares Euronext Paris FR EUR 02. Jan 1992
BST T8DA Ordinary Shares Boerse-Stuttgart DE EUR 02. Jan 1992
BATS-CHIXE THEPP Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
571
Thermador Groupe employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 21:16
End of day share price update: 2019/11/13 00:00
Last estimates confirmation: 2019/10/17
Last earnings filing: 2019/08/05
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.