Gentherm (THRM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Gentherm

NasdaqGS•Consumer Cyclical•Auto Parts

$39.26-1.44(-0.04%)Pre-market

Market Cap

$1.16B

P/E

43.8x

P/S

0.7x

P/B

1.6x

Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States, China, Germany, Czech Republic, South Korea, Mexico, Slovakia, Romania, Japan, United Kingdom and internationally. It operates in two segments, Automotive and Medical. The company offers climate comfort systems, including seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units; pneumatic lumbar and massage comfort solutions comprising lumbar support, side bolster adjustment, multi-contour seats and massage systems; and other climate and comfort systems, including neck and shoulder conditioners, and climate control systems for door panels and armrests. It also provides automotive cable technology, such as ready-made individual cables and ready-to-install cable networks used to connect components to power sources; battery performance solutions consist of cell connecting devices and battery cable technologies used for various types of batteries and thermal management products; valve systems for brake and engine systems, and fuel management; and electronic and software systems include electronic control units for climate and comfort systems, and electronic control units for memory seat modules and other devices. In addition, the company offers patient temperature management systems under the Blanketrol and Astotherm brands for hyper-hypothermia therapy in intensive care, normothermia in surgical procedures, and additional warming/cooling therapies. It serves light vehicle original equipment manufacturers and tier 1, and medical industry. Gentherm Incorporated was formerly known as Amerigon Incorporated and changed its name to Gentherm Incorporated in September 2012. The company was incorporated in 1991 and is headquartered in Northville, Michigan.

How this company scores

AverageMetricSide Score: 47/100

Strongest: Balance Sheet & Red Flags (16/25); weakest: Profitability (4/25).

Profitability4/25

Growth12/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality15/25

Strengths

Low leverageCash-backed earningsNo share dilution

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 43.8x5y range 16.4x – 154.8x

Currently near its 20-quarter median.

P/S · 0.7x5y range 0.5x – 2.7x

Currently below its 20-quarter median.

P/B · 1.6x5y range 1.2x – 4.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 39.0% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Leverage Risk

Watch

Debt-to-equity has risen 26.1% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $1.16B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.58B
Q. Revenue: $416.17M
TTM EBITDA: $146.19M
TTM Op. Income: $63.60M
Q. Op. Income: $10.69M
TTM Net Income: $26.57M
Q. Net Income: $4.42M
EPS: $0.14
Shares Out.: $30.65M

$1.58B in TTM revenue grew 8.7% YoY, reaching $416.17M last quarter. TTM EBITDA of $146.19M and TTM operating income of $63.60M show growth is flowing through to the bottom line. TTM net income of $26.57M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 23.2%
EBITDA Margin: 6.1%
Op. Margin: 2.6%
Net Margin: 1.1%

Op. margin of 2.6% is down 3.8% YoY — costs are rising relative to revenue. Net margin at 1.1% and gross margin of 23.2% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 4 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 43.8x
P/S Ratio: 0.7x
P/B Ratio: 1.6x

At 43.8x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 0.7x and P/B of 1.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 60% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.49B
Cash: $213.17M
Long-Term Debt: $272.39M
Book Value: $723.12M
D/E Ratio: 0.4
Debt/EBITDA: 10.8

With $1.49B in assets and $272.39M in long-term debt, D/E is 0.4and book value is $723.12M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $7.32M
TTM Free Cash Flow: $41.21M
FCF Margin: 2.6%
FCF / Net Income: 1.6

TTM FCF of $41.21M on $7.32M in operating cash flow. The FCF / Net Income ratio of 1.6x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 14% — a weakening trend.