TURTLE BEACH CORP (HEAR)
US9004502061 - Common Stock
HEAR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 31 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 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year HEAR was profitable.
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
HEAR has a Return On Assets (1.47%) which is in line with its industry peers.
HEAR has a better Return On Equity (4.51%) than 73.33% of its industry peers.
The Return On Invested Capital of HEAR (5.40%) is better than 63.33% of its industry peers.
| 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
The Profit Margin of HEAR (1.41%) is comparable to the rest of the industry.
HEAR has a Operating Margin of 4.53%. This is comparable to the rest of the industry: HEAR outperforms 53.33% of its industry peers.
The Gross Margin of HEAR (32.74%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of HEAR has declined.
| 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
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
The number of shares outstanding for HEAR has been increased compared to 5 years ago.
There is no outstanding debt for HEAR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and 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.
The Altman-Z score of HEAR (1.73) is worse than 60.00% 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 46.67% 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 15.08 | ||
| Altman-Z | 1.73 |
ROIC/WACC0.47
WACC11.58%
2.3 Liquidity
HEAR has a Current Ratio of 1.26. This is a normal value and indicates that HEAR is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.26, HEAR is doing worse than 70.00% of the companies in the same industry.
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 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
HEAR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 155.56%, which is quite impressive.
Looking at the last year, HEAR shows a very strong growth in Revenue. The Revenue has grown by 25.71%.
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.
Based on estimates for the next years, HEAR will show a quite strong growth in Revenue. The Revenue will grow by 19.06% on average per year.
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
A Price/Earnings ratio of 50.09 indicates a quite expensive valuation of HEAR.
HEAR's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of HEAR to the average of the S&P500 Index (27.41), we can say HEAR is valued expensively.
With a Price/Forward Earnings ratio of 11.05, the valuation of HEAR can be described as very reasonable.
Based on the Price/Forward Earnings ratio, HEAR is valued a bit cheaper than 76.67% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, HEAR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 50.09 | ||
| Fwd PE | 11.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HEAR is valued a bit cheaper than 66.67% of the companies in the same industry.
HEAR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.87 | ||
| EV/EBITDA | 15.97 |
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 |
TURTLE BEACH CORP
NASDAQ:HEAR (1/3/2025, 8:00:01 PM)
After market: 17.53 0 (0%)17.53
+0.48 (+2.82%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners74.67%
Inst Owner Change-12.1%
Ins Owners4.16%
Ins Owner Change0.66%
Market Cap352.00M
Analysts86.67
Price Target23.29 (32.86%)
Short Float %5.5%
Short Ratio4.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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 | 50.09 | ||
| Fwd PE | 11.05 | ||
| P/S | 1.08 | ||
| P/FCF | 50.87 | ||
| P/OCF | 33.36 | ||
| P/B | 3.46 | ||
| P/tB | 612.18 | ||
| EV/EBITDA | 15.97 |
EPS(TTM)0.35
EY2%
EPS(NY)1.59
Fwd EY9.05%
FCF(TTM)0.34
FCFY1.97%
OCF(TTM)0.53
OCFY3%
SpS16.25
BVpS5.07
TBVpS0.03
PEG (NY)0.08
PEG (5Y)N/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
ROICexcg growth 3YN/A
ROICexcg 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
WACC11.58%
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%