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TMG Stock Chart & Stats
C$0.17
C$0.00(0.00%)
At close: 4:00 PM EDT
C$0.17
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.12 - C$0.20
Previous CloseN/A
Volume10.15K
Average Volume (3M)68.43K
Market Cap
C$26.50M
Enterprise ValueC$26.16
Total Cash (Recent Filing)C$3.27M
Total Debt (Recent Filing)C$1.81M
Price to Earnings (P/E)20.9
Beta0.24
Next Earnings
Oct 27, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding170,970,230
10 Day Avg. Volume93,677
30 Day Avg. Volume68,433
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)5.32
Price to Sales (P/S)0.82
P/FCF Ratio15.78
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)C$45.50M
Bulls Say, Bears Say
Bulls Say
Strong Revenue And Profit GrowthThe sharp multi-year revenue increase, combined with a return to positive net income, indicates improving commercial traction and operating scale. If growth continues, higher volume can support better absorption of fixed costs and provide more resources for product development, sales, and market expansion.
Materially Stronger Balance SheetDebt reduction alongside equity growth materially improves financial resilience and lowers balance-sheet risk. A stronger capital base gives Thermal Energy greater flexibility to fund projects, withstand execution variability, and pursue growth without relying as heavily on borrowing or refinancing.
Growing Backlog And Repeat Multinational DemandRecord order intake and an expanding backlog provide tangible forward demand for the company’s project and equipment offerings. Repeat orders from large multinational customers also indicate successful deployments and customer acceptance, supporting revenue visibility and the potential for recurring global expansion.
Bears Say
Volatile Cash GenerationThe wide swings in operating and free cash flow show that reported earnings do not consistently translate into cash generation. Such volatility can reflect working-capital or project-execution timing and may constrain internally funded investment, debt reduction, and shareholder returns during weaker periods.
Margins Remain InconsistentAlthough profitability has improved, the history of negative and fluctuating margins suggests the cost structure and earnings quality are still developing. Sustained growth will need consistent project execution and disciplined cost control to convert higher revenue into durable operating profit.
Project Timing And Conversion UncertaintyLong project cycles can make revenue recognition uneven and increase the time between customer opportunity, order intake, and cash realization. Management’s caution that pipeline opportunities may not convert also means backlog growth cannot by itself guarantee a steady pace of future revenue.
TMG FAQ
What was Thermal Energy International Inc’s price range in the past 12 months?
Thermal Energy International Inc lowest stock price was C$0.12 and its highest was C$0.20 in the past 12 months.
What is Thermal Energy International Inc’s market cap?
Thermal Energy International Inc’s market cap is C$26.50M.
When is Thermal Energy International Inc’s upcoming earnings report date?
Thermal Energy International Inc’s upcoming earnings report date is Oct 27, 2026 which is in 31 days.
How were Thermal Energy International Inc’s earnings last quarter?
Thermal Energy International Inc released its earnings results on Apr 28, 2026. The company reported C$0.002 earnings per share for the quarter.
Is Thermal Energy International Inc overvalued?
According to Wall Street analysts Thermal Energy International Inc’s price is currently Overvalued.
Does Thermal Energy International Inc pay dividends?
Thermal Energy International Inc does not currently pay dividends.
What is Thermal Energy International Inc’s EPS estimate?
Thermal Energy International Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Thermal Energy International Inc have?
Thermal Energy International Inc has 170,970,230 shares outstanding.
What happened to Thermal Energy International Inc’s price movement after its last earnings report?
Thermal Energy International Inc reported an EPS of C$0.002 in its last earnings report. Following the earnings report the stock price went down -5.882%.
Which hedge fund is a major shareholder of Thermal Energy International Inc?
Currently, no hedge funds are holding shares in TSE:TMG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Thermal Energy International Inc
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. The company offers GEM steam traps; FLUACE-ACE heat recovery, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; and DRY-REX biomass dryer, a low temperature biomass dryer. It also provides boiler feedwater economizer, vent condenser, boiler blowdown heat recovery, heat recovery steam generator, indirect contact condensing heat recovery, and air to air heat exchange. The company serves its products to food and beverage, pulp and paper, hospital, pharmaceutical, chemicals and petrochemicals, and other industry sectors. Thermal Energy International Inc. was incorporated in 1991 and is headquartered in Ottawa, Canada.
Technical Analysis
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