GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thermax Ltd (NSE:THERMAX) » Definitions » Profitability Rank

Thermax (NSE:THERMAX) Profitability Rank : 7 (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Thermax Profitability Rank?

Thermax has the Profitability Rank of 7.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Thermax's Operating Margin % for the quarter that ended in Mar. 2024 was 8.08%. As of today, Thermax's Piotroski F-Score is 4.


Competitive Comparison of Thermax's Profitability Rank

For the Specialty Industrial Machinery subindustry, Thermax's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thermax's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermax's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Thermax's Profitability Rank falls into.



Thermax Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Thermax has the Profitability Rank of 7.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Thermax's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2232.7 / 27636.8
=8.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Thermax has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Thermax Profitability Rank Related Terms

Thank you for viewing the detailed overview of Thermax's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Thermax (NSE:THERMAX) Business Description

Traded in Other Exchanges
Address
14, Mumbai-Pune Road, Thermax House, Wakdewadi, Pune, MH, IND, 411 003
Thermax Ltd is a company that provides engineering solutions. The company operates through three segments based on product type. The energy segment, which accounts for the company's sales, supplies boilers, industrial and commercial cooling machines, turnkey power plants, and photovoltaic and thermal solutions. The environment segment provides products and services for infrastructure that controls air pollution and wastewater. The chemical segment supplies chemicals for boilers, resins, paper production, construction, and oil fields. The company generates more than half of its revenue from India.

Thermax (NSE:THERMAX) Headlines

No Headlines