TURTLE BEACH CORP (HEAR) Fundamental Analysis & Valuation

NASDAQ:HEAR • US9004502061

Current stock price

17.47 USD
-0.06 (-0.34%)
At close:
17.47 USD
0 (0%)
After Hours:

This HEAR fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. HEAR Profitability Analysis

1.1 Basic Checks

  • In the past year HEAR was profitable.
  • HEAR had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: HEAR reported negative net income in multiple years.
  • The reported operating cash flow has been mixed in the past 5 years: HEAR reported negative operating cash flow in multiple years.
HEAR Yearly Net Income VS EBIT VS OCF VS FCFHEAR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 50M -50M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 1.47%, HEAR is in line with its industry, outperforming 59.38% of the companies in the same industry.
  • With a decent Return On Equity value of 4.51%, HEAR is doing good in the industry, outperforming 75.00% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 5.40%, HEAR is in the better half of the industry, outperforming 65.63% of the companies in the same industry.
Industry RankSector 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
HEAR Yearly ROA, ROE, ROICHEAR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 100 200 300 400

1.3 Margins

  • Looking at the Profit Margin, with a value of 1.41%, HEAR is in line with its industry, outperforming 59.38% of the companies in the same industry.
  • HEAR's Operating Margin of 4.53% is in line compared to the rest of the industry. HEAR outperforms 56.25% of its industry peers.
  • With a Gross Margin value of 32.74%, HEAR perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
  • HEAR's Gross Margin has declined in the last couple of years.
Industry RankSector 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%
HEAR Yearly Profit, Operating, Gross MarginsHEAR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 -40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. HEAR Health Analysis

2.1 Basic Checks

  • HEAR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year 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.
HEAR Yearly Shares OutstandingHEAR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M
HEAR Yearly Total Debt VS Total AssetsHEAR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M

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's Altman-Z score of 1.73 is in line compared to the rest of the industry. HEAR outperforms 40.63% of its industry peers.
  • HEAR has a debt to FCF ratio of 15.08. This is a negative value and a sign of low solvency as HEAR would need 15.08 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 15.08, HEAR is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • A Debt/Equity ratio of 1.02 is on the high side and indicates that HEAR has dependencies on debt financing.
  • HEAR has a Debt to Equity ratio (1.02) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 1.02
Debt/FCF 15.08
Altman-Z 1.73
ROIC/WACC0.47
WACC11.52%
HEAR Yearly LT Debt VS Equity VS FCFHEAR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 50M 100M

2.3 Liquidity

  • A Current Ratio of 1.26 indicates that HEAR should not have too much problems paying its short term obligations.
  • HEAR's Current ratio of 1.26 is on the low side compared to the rest of the industry. HEAR is outperformed by 65.63% of its industry peers.
  • HEAR has a Quick Ratio of 1.26. This is a bad value and indicates that HEAR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of HEAR (0.60) is worse than 84.38% of its industry peers.
Industry RankSector Rank
Current Ratio 1.26
Quick Ratio 0.6
HEAR Yearly Current Assets VS Current LiabilitesHEAR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. HEAR Growth Analysis

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!
  • HEAR shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -2.13% yearly.
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.
  • HEAR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.06% yearly.
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.
HEAR Yearly Revenue VS EstimatesHEAR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M 400M
HEAR Yearly EPS VS EstimatesHEAR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 2 -2

More info and screens

Find the best growth stocksShow best growing peers

5

4. HEAR Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 49.91, which means the current valuation is very expensive for HEAR.
  • HEAR's Price/Earnings is on the same level as the industry average.
  • The average S&P500 Price/Earnings ratio is at 26.77. HEAR is valued rather expensively when compared to this.
  • A Price/Forward Earnings ratio of 11.01 indicates a reasonable valuation of HEAR.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of HEAR indicates a somewhat cheap valuation: HEAR is cheaper than 71.88% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 21.75. HEAR is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 49.91
Fwd PE 11.01
HEAR Price Earnings VS Forward Price EarningsHEAR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • HEAR's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HEAR is cheaper than 65.63% of the companies in the same industry.
  • HEAR's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 50.69
EV/EBITDA 15.92
HEAR Per share dataHEAR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. HEAR Dividend Analysis

5.1 Amount

  • No dividends for HEAR!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

HEAR Fundamentals: All Metrics, Ratios and Statistics

TURTLE BEACH CORP

NASDAQ:HEAR (1/6/2025, 8:00:01 PM)

After market: 17.47 0 (0%)

17.47

-0.06 (-0.34%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Industry Strength67.7
Industry Growth75.16
Earnings (Last)11-07
Earnings (Next)N/A
Inst Owners74.67%
Inst Owner Change0.66%
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 RankSector 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 RankSector 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 Number0 (-100%)
Profitability
Industry RankSector 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 RankSector 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 Fundamental Analysis FAQ

What is the fundamental rating for HEAR stock?

ChartMill assigns a fundamental rating of 3 / 10 to HEAR.


What is the valuation status for HEAR stock?

ChartMill assigns a valuation rating of 5 / 10 to TURTLE BEACH CORP (HEAR). This can be considered as Fairly Valued.


What is the profitability of HEAR stock?

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.


What is the expected EPS growth for TURTLE BEACH CORP (HEAR) stock?

The Earnings per Share (EPS) of TURTLE BEACH CORP (HEAR) is expected to grow by 649% in the next year.