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. Both the profitability and financial health of HEAR have multiple concerns. HEAR has a decent growth rate and is not valued too expensively.
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.
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.
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 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
With a Profit Margin value of 1.41%, HEAR perfoms like the industry average, outperforming 59.38% of the companies in the same industry.
HEAR has a Operating Margin (4.53%) which is comparable to the rest of the industry.
HEAR has a Gross Margin (32.74%) which 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HEAR is destroying value.
Compared to 1 year ago, HEAR has more shares outstanding
HEAR has more shares outstanding than it did 5 years ago.
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
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.
With a Altman-Z score value of 1.73, HEAR perfoms like the industry average, outperforming 40.63% of the companies in the same 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.
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 of 1.02. This is comparable to the rest of the industry: HEAR outperforms 43.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 15.08 | ||
| Altman-Z | 1.73 |
ROIC/WACC0.47
WACC11.52%
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 65.63% of the companies in the same industry.
A Quick Ratio of 0.60 indicates that HEAR may have some problems paying its short term obligations.
HEAR's Quick ratio of 0.60 is on the low side compared to the rest of the industry. HEAR is outperformed by 84.38% of its industry peers.
| 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.
HEAR shows a strong growth in Revenue. In the last year, the Revenue has grown by 25.71%.
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 49.91, HEAR can be considered very expensive at the moment.
HEAR's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.41, HEAR is valued quite expensively.
HEAR is valuated reasonably with a Price/Forward Earnings ratio of 11.01.
Based on the Price/Forward Earnings ratio, HEAR is valued a bit cheaper than 71.88% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of HEAR to the average of the S&P500 Index (35.40), we can say HEAR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.91 | ||
| Fwd PE | 11.01 |
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.
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
HEAR's 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
HEAR does not give a dividend.
| 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%.