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TURTLE BEACH CORP (HEAR) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:HEAR - US9004502061 - Common Stock

17.47 USD
-0.06 (-0.34%)
Last: 1/6/2025, 8:00:01 PM
17.47 USD
0 (0%)
After Hours: 1/6/2025, 8:00:01 PM
Fundamental Rating

3

Overall HEAR gets a fundamental rating of 3 out of 10. We evaluated HEAR against 35 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the profitability and financial health of HEAR have multiple concerns. HEAR has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • HEAR had positive earnings in the past year.
  • HEAR had a positive operating cash flow in the past year.
  • In multiple years HEAR reported negative net income over the last 5 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

  • HEAR's Return On Assets of 1.47% is in line compared to the rest of the industry. HEAR outperforms 59.38% of its industry peers.
  • HEAR has a Return On Equity of 4.51%. This is in the better half of the industry: HEAR outperforms 75.00% of its industry peers.
  • HEAR's Return On Invested Capital of 5.40% is fine compared to the rest of the industry. HEAR outperforms 65.63% of its industry peers.
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

  • HEAR has a Profit Margin (1.41%) which is comparable to the rest of the industry.
  • HEAR has a Operating Margin (4.53%) which is comparable to the rest of the industry.
  • Looking at the Gross Margin, with a value of 32.74%, HEAR is in line with its industry, outperforming 56.25% of the companies in the same industry.
  • In the last couple of years the Gross Margin of HEAR has declined.
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

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HEAR is destroying value.
  • The number of shares outstanding for HEAR has been increased compared to 1 year 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.
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

  • Based on the Altman-Z score of 1.73, we must say that HEAR is in the distress zone and has some risk of bankruptcy.
  • HEAR has a Altman-Z score (1.73) which is comparable to the rest of the industry.
  • 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.
  • The Debt to FCF ratio of HEAR (15.08) is comparable to the rest of the industry.
  • A Debt/Equity ratio of 1.02 is on the high side and indicates that HEAR has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.02, HEAR perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
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 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.
  • 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

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5

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.
  • The Revenue has grown by 25.71% in the past year. This is a very strong growth!
  • The Revenue has been decreasing by -2.13% on average over the past years.
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

  • Based on estimates for the next years, HEAR will show a very strong growth in Earnings Per Share. The EPS will grow by 137.84% on average per year.
  • 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

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 49.91 indicates a quite expensive valuation of HEAR.
  • Compared to the rest of the industry, the Price/Earnings ratio of HEAR is on the same level as its industry peers.
  • HEAR's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.47.
  • 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 24.26. HEAR is valued rather cheaply 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

  • 65.63% of the companies in the same industry are more expensive than HEAR, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of HEAR is on the same level as its industry peers.
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

  • HEAR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as HEAR's earnings are expected to grow with 137.84% in the coming years.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y236.62%
EPS Next 3Y137.84%

More info and screens

0

5. Dividend

5.1 Amount

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

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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
Earnings (Last)11-07
Earnings (Next)N/A
Inst Owners74.67%
Inst Owner Change0%
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 NumberN/A
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 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.


Can you provide the profitability details for TURTLE BEACH CORP?

TURTLE BEACH CORP (HEAR) has a profitability rating of 3 / 10.


How financially healthy is TURTLE BEACH CORP?

The financial health rating of TURTLE BEACH CORP (HEAR) is 2 / 10.


Can you provide the expected EPS growth for HEAR stock?

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