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

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

  • The Return On Assets of HEAR (1.47%) is comparable to the rest of the industry.
  • Looking at the Return On Equity, with a value of 4.51%, HEAR is in the better half of 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

  • The Profit Margin of HEAR (1.41%) is comparable to the rest of the industry.
  • HEAR has a Operating Margin (4.53%) which is in line with its industry peers.
  • 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

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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.
  • HEAR has more shares outstanding than it did 1 year ago.
  • 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

  • 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 in line with its industry peers.
  • 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.
  • HEAR has a Debt to FCF ratio (15.08) which is in line with its industry peers.
  • 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 comparable to the rest of the 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

  • 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.
  • 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

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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!
  • 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

  • The Earnings Per Share is expected to grow by 137.84% on average over the next years. This is a very strong growth
  • 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.
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

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5

4. HEAR Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 49.91 indicates a quite expensive valuation of HEAR.
  • The rest of the industry has a similar Price/Earnings ratio as HEAR.
  • HEAR's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.50.
  • With a Price/Forward Earnings ratio of 11.01, the valuation of HEAR can be described as very reasonable.
  • HEAR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. HEAR is cheaper than 71.88% of the companies in the same industry.
  • HEAR is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.67, which is the current average of the S&P500 Index.
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HEAR indicates a somewhat cheap valuation: HEAR is cheaper than 65.63% of the companies listed in the same industry.
  • 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

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
Earnings (Last)11-07
Earnings (Next)N/A
Inst Owners74.67%
Inst Owner Change15.81%
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 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.


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.