Gentherm is a global developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications. Automotive products include variable temperature Climate Control Seats, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), battery performance solutions, cable systems and other electronic devices. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has more than 11,000 employees in facilities in the United States, Germany, Canada, China, Hungary, Japan, Korea, North Macedonia, Malta, Mexico, United Kingdom, Ukraine, and Vietnam.
Company profile
Ticker
THRM
Exchange
Website
CEO
Phillip Eyler
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Icahn Enterprises • Icahn Enterprises • Magna International • Adient • Aptiv • Lear • Autoliv • BorgWarner • Dana • Visteon ...
Former names
AMERIGON INC
SEC CIK
Corporate docs
Subsidiaries
Gentherm Holding (Malta) Ltd. • Gentherm Automotive Systems (Malta) Ltd. • Gentherm Automotive Technologies (Shanghai) Co. Ltd. • Gentherm Electronics (Shenzhen) Co. Ltd. • Gentherm Technologies (Shanghai) Co. Ltd. • Gentherm Automotive Systems (China) Ltd. • Gentherm International Holdings • Gentherm GmbH • Gentherm Enterprises GmbH • Gentherm Licensing GmbH ...
IRS number
954318554
THRM stock data
News
Gentherm Earnings Perspective: Return On Invested Capital
19 May 22
Recap: Gentherm Q1 Earnings
4 May 22
Gentherm Q1 Adj. EPS $0.41 Misses $0.47 Estimate, Sales $267.70M Beat $254.50M Estimate
4 May 22
A Peek Into The Markets: US Stock Futures Higher; All Eyes On Fed's Rate Decision
4 May 22
Gentherm to Acquire Alfmeier's Automotive Business for €177.5M in Cash
4 May 22
Press releases
Gentherm to Participate in the 2022 Baird Global Consumer, Technology & Services Conference
18 May 22
Gentherm Reports 2022 First Quarter Results
4 May 22
Gentherm to Acquire Alfmeier's Automotive Business, An Innovative Market Leader in Automotive Lumbar and Massage Comfort Solutions
4 May 22
Gentherm Announces Date for 2022 First Quarter Results News Release and Conference Call
11 Apr 22
Calendar
4 May 22
2 Jul 22
31 Dec 22
Financial summary
| Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 177.92M | 177.92M | 177.92M | 177.92M | 177.92M | 177.92M |
| Cash burn (monthly) | 4.23M | (no burn) | (no burn) | (no burn) | 228K | (no burn) |
| Cash used (since last report) | 12.97M | n/a | n/a | n/a | 699.16K | n/a |
| Cash remaining | 164.95M | n/a | n/a | n/a | 177.22M | n/a |
| Runway (months of cash) | 39.0 | n/a | n/a | n/a | 777.3 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jul 22 | Kauffman Wayne S III | Common Stock | Payment of exercise | Dispose F | No | No | 62.41 | 586 | 36.57K | 12,504 |
| 22 Jun 22 | Jennifer L. Zoldos | Common Stock | Payment of exercise | Dispose F | No | No | 60.23 | 117 | 7.05K | 1,553 |
| 15 Jun 22 | Stocker Thomas | Common Stock | Sell | Dispose S | No | No | 70.06 | 2,500 | 175.15K | 9,410 |
| 2 Jun 22 | Desormiere Sophie | Common Stock | Grant | Acquire A | No | No | 0 | 1,700 | 0 | 28,127 |
| 2 Jun 22 | Hao Yvonne | Common Stock | Grant | Acquire A | No | No | 0 | 1,700 | 0 | 18,530 |
Institutional ownership, Q1 2022
99.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 235 |
| Opened positions | 26 |
| Closed positions | 39 |
| Increased positions | 79 |
| Reduced positions | 104 |
| 13F shares | Current |
|---|---|
| Total value | 2.41B |
| Total shares | 33.01M |
| Total puts | 15.2K |
| Total calls | 38.2K |
| Total put/call ratio | 0.4 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 5.08M | $371.33M |
| Vanguard | 3.6M | $262.74M |
| Disciplined Growth Investors | 1.18M | $86.23M |
| STT State Street | 1.11M | $80.78M |
| Dimensional Fund Advisors | 1.1M | $80.09M |
| Trigran Investments | 1.05M | $76.87M |
| IVZ Invesco | 988.68K | $72.21M |
| TROW T. Rowe Price | 982.77K | $71.78M |
| Fuller & Thaler Asset Management | 956.29K | $69.85M |
| Barrow Hanley Mewhinney & Strauss | 956.15K | $69.84M |
Content analysis
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H.S. junior Avg
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Removed:
achieve, activity, advantage, aggregation, allocated, American, application, chamber, Cincinnati, closure, collaboration, combined, comparability, context, depend, disproportionately, drawdown, EUR, execute, expenditure, expired, explore, extension, flexibility, generation, GPT, guidance, identification, international, inventory, issuable, lending, lengthy, machinery, mature, moved, negotiation, optimal, organization, permitted, phase, predicted, preserve, pressure, quickly, recognition, Reconciling, recruiting, refer, remote, removing, renamed, repaid, resume, resuming, safeguard, Simplifying, spread, subsided, test, treat, USD
Financial reports
Current reports
8-K
Entry into a Material Definitive Agreement
13 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
6 Jun 22
8-K
Gentherm Reports 2022 First Quarter Results
4 May 22
8-K
Other Events
24 Feb 22
8-K
Gentherm Reports 2021 Fourth Quarter and Full Year Results
17 Feb 22
8-K
Regulation FD Disclosure
29 Oct 21
8-K
Gentherm Reports 2021 Third Quarter Results
28 Oct 21
8-K
Gentherm Announces Global Sales and Strategy Leadership Changes
22 Sep 21
8-K
Regulation FD Disclosure
14 Sep 21
8-K
Gentherm Reports 2021 Second Quarter Results
29 Jul 21
Registration and prospectus
S-8
Registration of securities for employees
13 Aug 20
15-12B
Securities registration termination
25 Mar 18
25
Voluntary exchange delisting
14 Mar 18
8-A12B/A
Registration of securities on exchange (amended)
5 Mar 18
S-8
Registration of securities for employees
21 May 17
S-3ASR
Automatic shelf registration
5 Mar 15
POS AM
Prospectus update (post-effective amendment)
6 May 14
S-8
Registration of securities for employees
18 Jun 13
S-8 POS
Registration of securities for employees (post-effective amendment)
18 Jun 13
S-8 POS
Registration of securities for employees (post-effective amendment)
18 Jun 13
Other
SD
Conflict minerals disclosure
27 May 22
UPLOAD
Letter from SEC
5 May 22
CORRESP
Correspondence with SEC
1 May 22
CORRESP
Correspondence with SEC
1 May 22
UPLOAD
Letter from SEC
12 Apr 22
SD
Conflict minerals disclosure
27 May 21
SD
Conflict minerals disclosure
31 Jul 20
SD
Conflict minerals disclosure
23 May 19
UPLOAD
Letter from SEC
3 Feb 19
CORRESP
Correspondence with SEC
14 Jan 19
Ownership
4
GENTHERM / Wayne S Kauffman III ownership change
1 Jul 22
4
GENTHERM / Jennifer L. Zoldos ownership change
23 Jun 22
4
GENTHERM / Thomas Stocker ownership change
16 Jun 22
4
GENTHERM / Elizabeth Meter ownership change
6 Jun 22
4
GENTHERM / DAVID W HEINZMANN ownership change
6 Jun 22
4
GENTHERM / John Stacey ownership change
6 Jun 22
4
GENTHERM / Byron Shaw ownership change
6 Jun 22
4
GENTHERM / Charles R. Kummeth ownership change
6 Jun 22
4
GENTHERM / Ronald T Hundzinski ownership change
6 Jun 22
4
GENTHERM / Yvonne Hao ownership change
6 Jun 22
Patents
Utility
Apparatus For Determining The Temperature Of A Resistance Heating Device
23 Jun 22
A device for determining a temperature of a resistance heating device, the device includes: a temperature sensor configured to detect the temperature of the resistance heating device; and an electronic data processing and/or control device configured to calculate a temperature change of the resistance heating device on a basis of a change in a resistance value of the resistance heating device and a relationship between the resistance value and the temperature of the resistance heating device, the electronic data processing and/or control device configured to validate the temperature of the resistance heating device detected by the temperature sensor, taking into account the calculated temperature change of the resistance heating device.
Utility
Milling of Flex Foil with Two Conductive Layers from Both Sides
16 Jun 22
A method for milling flex foil includes providing a web (14) of flex foil including a substrate; a first conductive layer arranged on one surface of the substrate; a second conductive layer arranged on an opposite surface of the substrate; a first insulating layer arranged adjacent to the first conductive layer; and a second insulating layer arranged adjacent to the second conductive layer.
Utility
Thermal conditioning systems and methods for vehicle regions
14 Jun 22
Features for a vapor compression system configured to cool and/or cat (i.e. thermally condition) two or more distinct climate controlled vehicle interior components via a common thermal bus are disclosed.
Utility
Air Conditioning Device for an Air Flow
9 Jun 22
An air conditioning device for a vehicle seat, the air conditioning device includes: at least one flow generator to generate an air flow; at least one air inlet opening fluidically connected to a flow inlet of the flow generator to draw in air to be temperature-controlled; at least one air outlet opening fluidically connected to a flow outlet of the flow generator to eject the temperature-controlled air; and a temperature-control device configured to control a temperature of the air drawn in through the at least one air inlet opening prior to the air being ejected from the at least one air outlet opening; the at least one air inlet opening and the at least one air outlet opening are arranged next to one another.
Utility
Resistance Heat Assisted Cooling and Heating Technology
2 Jun 22
Various aspects of a rapid effect heat resistant heat and cool assist device is disclosed for providing quick heat and cool comfort to a person, including at least one heat resistant thermal conductor covering a surface area of a heat and cool device for thermal communication to comfort a person, wherein the heat resistant thermal conductor is preferably made of graphene, and has a time to-sensation time period of from 5 seconds to 10 min. and is capable of reaching temperatures from 5° C. to 60° C. for providing heat and cool comfort to a person.
Transcripts
2022 Q1
Earnings call transcript
4 May 22
2021 Q4
Earnings call transcript
17 Feb 22
2021 Q3
Earnings call transcript
28 Oct 21
2021 Q2
Earnings call transcript
31 Jul 21
2021 Q1
Earnings call transcript
2 May 21
2020 Q4
Earnings call transcript
1 Mar 21
2020 Q3
Earnings call transcript
1 Nov 20
2020 Q2
Earnings call transcript
4 Aug 20
2020 Q1
Earnings call transcript
10 May 20
2019 Q4
Earnings call transcript
19 Feb 20
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Daily Discussion Thread - May 4th, 2022
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