17.47 USD
-0.06 (-0.34%)
17.47 USD
0 (0%)
HEAR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 35 industry peers in the Technology Hardware, Storage & Peripherals industry. HEAR may be in some trouble as it scores bad on both profitability and health. HEAR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
HEAR had positive earnings in the past year.
In the past year HEAR had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: HEAR reported negative net income in multiple years.
In multiple years HEAR reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of HEAR (1.47%) is comparable to the rest of the industry.
HEAR's Return On Equity of 4.51% is fine compared to the rest of the industry. HEAR outperforms 75.00% of its industry peers.
With a decent Return On Invested Capital value of 5.40%, HEAR is doing good in the industry, outperforming 65.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.47% | ||
| ROE | 4.51% | ||
| ROIC | 5.4% |
ROA(3y)-13.51%
ROA(5y)-1.58%
ROE(3y)-25.06%
ROE(5y)-2.74%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
HEAR has a Profit Margin of 1.41%. This is comparable to the rest of the industry: HEAR outperforms 59.38% of its industry peers.
With a Operating Margin value of 4.53%, HEAR perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
The Gross Margin of HEAR (32.74%) is comparable to the rest of the industry.
HEAR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.53% | ||
| PM (TTM) | 1.41% | ||
| GM | 32.74% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.66%
GM growth 5Y-5.01%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HEAR is destroying value.
The number of shares outstanding for HEAR has been increased compared to 1 year ago.
Compared to 5 years ago, HEAR has more shares outstanding
HEAR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
HEAR has an Altman-Z score of 1.73. This is a bad value and indicates that HEAR is not financially healthy and even has some risk of bankruptcy.
HEAR has a Altman-Z score (1.73) which is comparable to the rest of the industry.
The Debt to FCF ratio of HEAR is 15.08, which is on the high side as it means it would take HEAR, 15.08 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 15.08, HEAR perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
HEAR has a Debt/Equity ratio of 1.02. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.02, HEAR is in line with its industry, outperforming 43.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 15.08 | ||
| Altman-Z | 1.73 |
ROIC/WACC0.47
WACC11.52%
2.3 Liquidity
A Current Ratio of 1.26 indicates that HEAR should not have too much problems paying its short term obligations.
HEAR has a worse Current ratio (1.26) than 65.63% of its industry peers.
A Quick Ratio of 0.60 indicates that HEAR may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.60, HEAR is doing worse than 84.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 155.56% over the past year.
The Revenue has grown by 25.71% in the past year. This is a very strong growth!
Measured over the past years, HEAR shows a decrease in Revenue. The Revenue has been decreasing by -2.13% on average per year.
EPS 1Y (TTM)155.56%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%420%
Revenue 1Y (TTM)25.71%
Revenue growth 3Y-10.5%
Revenue growth 5Y-2.13%
Sales Q2Q%59.51%
3.2 Future
HEAR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 137.84% yearly.
The Revenue is expected to grow by 19.06% on average over the next years. This is quite good.
EPS Next Y649%
EPS Next 2Y236.62%
EPS Next 3Y137.84%
EPS Next 5YN/A
Revenue Next Year39.76%
Revenue Next 2Y25.77%
Revenue Next 3Y19.06%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
HEAR is valuated quite expensively with a Price/Earnings ratio of 49.91.
HEAR's Price/Earnings is on the same level as the industry average.
HEAR is valuated expensively when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.01, which indicates a very decent valuation of HEAR.
Based on the Price/Forward Earnings ratio, HEAR is valued a bit cheaper than 71.88% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.22, HEAR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.91 | ||
| Fwd PE | 11.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HEAR is valued a bit cheaper than the industry average as 65.63% of the companies are valued more expensively.
HEAR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.69 | ||
| EV/EBITDA | 15.92 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HEAR's earnings are expected to grow with 137.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y236.62%
EPS Next 3Y137.84%
5. Dividend
5.1 Amount
No dividends for HEAR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
17.47
-0.06 (-0.34%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners74.67%
Inst Owner Change2.24%
Ins Owners4.16%
Ins Owner Change0%
Market Cap350.80M
Revenue(TTM)326.23M
Net Income(TTM)4.60M
Analysts86.67
Price Target23.29 (33.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.66%
Min EPS beat(2)3.57%
Max EPS beat(2)5.75%
EPS beat(4)3
Avg EPS beat(4)17.38%
Min EPS beat(4)-8.88%
Max EPS beat(4)69.09%
EPS beat(8)5
Avg EPS beat(8)14.17%
EPS beat(12)6
Avg EPS beat(12)2.06%
EPS beat(16)10
Avg EPS beat(16)45.13%
Revenue beat(2)2
Avg Revenue beat(2)5.98%
Min Revenue beat(2)5.83%
Max Revenue beat(2)6.13%
Revenue beat(4)3
Avg Revenue beat(4)0.57%
Min Revenue beat(4)-12.56%
Max Revenue beat(4)6.13%
Revenue beat(8)5
Avg Revenue beat(8)0.37%
Revenue beat(12)6
Avg Revenue beat(12)-1.42%
Revenue beat(16)9
Avg Revenue beat(16)0.15%
PT rev (1m)0%
PT rev (3m)6.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.28%
EPS NY rev (1m)0%
EPS NY rev (3m)-12.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.91 | ||
| Fwd PE | 11.01 | ||
| P/S | 1.08 | ||
| P/FCF | 50.69 | ||
| P/OCF | 33.25 | ||
| P/B | 3.45 | ||
| P/tB | 610.08 | ||
| EV/EBITDA | 15.92 |
EPS(TTM)0.35
EY2%
EPS(NY)1.59
Fwd EY9.08%
FCF(TTM)0.34
FCFY1.97%
OCF(TTM)0.53
OCFY3.01%
SpS16.25
BVpS5.07
TBVpS0.03
PEG (NY)0.08
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.47% | ||
| ROE | 4.51% | ||
| ROCE | 9.38% | ||
| ROIC | 5.4% | ||
| ROICexc | 5.77% | ||
| ROICexgc | 11.55% | ||
| OM | 4.53% | ||
| PM (TTM) | 1.41% | ||
| GM | 32.74% | ||
| FCFM | 2.12% |
ROA(3y)-13.51%
ROA(5y)-1.58%
ROE(3y)-25.06%
ROE(5y)-2.74%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.66%
GM growth 5Y-5.01%
F-Score6
Asset Turnover1.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 15.08 | ||
| Debt/EBITDA | 4.34 | ||
| Cap/Depr | 39.16% | ||
| Cap/Sales | 1.11% | ||
| Interest Coverage | 3.12 | ||
| Cash Conversion | 43.88% | ||
| Profit Quality | 150.57% | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 1.73 |
F-Score6
WACC11.52%
ROIC/WACC0.47
Cap/Depr(3y)70.48%
Cap/Depr(5y)71.2%
Cap/Sales(3y)1.28%
Cap/Sales(5y)1.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)155.56%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%420%
EPS Next Y649%
EPS Next 2Y236.62%
EPS Next 3Y137.84%
EPS Next 5YN/A
Revenue 1Y (TTM)25.71%
Revenue growth 3Y-10.5%
Revenue growth 5Y-2.13%
Sales Q2Q%59.51%
Revenue Next Year39.76%
Revenue Next 2Y25.77%
Revenue Next 3Y19.06%
Revenue Next 5YN/A
EBIT growth 1Y147.65%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year546.49%
EBIT Next 3Y101.14%
EBIT Next 5YN/A
FCF growth 1Y111.07%
FCF growth 3Y-18.15%
FCF growth 5Y-7.71%
OCF growth 1Y117.71%
OCF growth 3Y-19.09%
OCF growth 5Y-8.54%
TURTLE BEACH CORP / HEAR FAQ
What is the fundamental rating for HEAR stock?
ChartMill assigns a fundamental rating of 3 / 10 to HEAR.
Can you provide the valuation status for TURTLE BEACH CORP?
ChartMill assigns a valuation rating of 5 / 10 to TURTLE BEACH CORP (HEAR). This can be considered as Fairly Valued.
Can you provide the profitability details for TURTLE BEACH CORP?
TURTLE BEACH CORP (HEAR) has a profitability rating of 3 / 10.
What are the PE and PB ratios of TURTLE BEACH CORP (HEAR) stock?
The Price/Earnings (PE) ratio for TURTLE BEACH CORP (HEAR) is 49.91 and the Price/Book (PB) ratio is 3.45.
Is the dividend of TURTLE BEACH CORP sustainable?
The dividend rating of TURTLE BEACH CORP (HEAR) is 0 / 10 and the dividend payout ratio is 0%.