Looking Into Thermon Group Holdings's Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Thermon Group Holdings (NYSE:THR) reported a 8.59% decrease in earnings from Q3, despite a 0.3% increase in sales to $122.48 million. The company posted a Q4 Return on Capital Employed (ROCE) of 0.02%, indicating effective capital allocation.
May 26, 2023 | 2:52 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Thermon Group Holdings reported a decrease in earnings and an increase in sales, with a Q4 ROCE of 0.02%, suggesting effective capital allocation.
Thermon Group Holdings reported a decrease in earnings, which may negatively impact the stock price. However, the increase in sales and a positive ROCE of 0.02% suggest effective capital allocation, which could balance out the negative impact. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100