TIM SA-ADR (TIMB) Fundamental Analysis & Valuation
NYSE:TIMB • US88706T1088
25.09 USD
-0.98 (-3.76%)
At close: Mar 12, 2026
25 USD
-0.09 (-0.36%)
Pre-Market: 3/13/2026, 5:29:24 AM
This TIMB fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, TIMB scores 7 out of 10 in our fundamental rating. TIMB was compared to 22 industry peers in the Wireless Telecommunication Services industry. TIMB gets an excellent profitability rating and is at the same time showing great financial health properties. TIMB has a decent growth rate and is not valued too expensively. This makes TIMB very considerable for quality investing!
1. TIMB Profitability Analysis
1.1 Basic Checks
- TIMB had positive earnings in the past year.
- In the past year TIMB had a positive cash flow from operations.
- Each year in the past 5 years TIMB has been profitable.
- TIMB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- TIMB has a Return On Assets of 7.57%. This is amongst the best in the industry. TIMB outperforms 81.82% of its industry peers.
- TIMB has a Return On Equity of 17.98%. This is in the better half of the industry: TIMB outperforms 72.73% of its industry peers.
- The Return On Invested Capital of TIMB (14.23%) is better than 90.91% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for TIMB is above the industry average of 7.13%.
- The 3 year average ROIC (12.10%) for TIMB is below the current ROIC(14.23%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.57% | ||
| ROE | 17.98% | ||
| ROIC | 14.23% |
ROA(3y)6.1%
ROA(5y)5.44%
ROE(3y)13.61%
ROE(5y)11.84%
ROIC(3y)12.1%
ROIC(5y)10.15%
1.3 Margins
- Looking at the Profit Margin, with a value of 16.20%, TIMB belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
- In the last couple of years the Profit Margin of TIMB has grown nicely.
- Looking at the Operating Margin, with a value of 24.57%, TIMB belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
- TIMB's Operating Margin has improved in the last couple of years.
- TIMB's Gross Margin of 43.54% is on the low side compared to the rest of the industry. TIMB is outperformed by 72.73% of its industry peers.
- TIMB's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.57% | ||
| PM (TTM) | 16.2% | ||
| GM | 43.54% |
OM growth 3Y16.25%
OM growth 5Y6.63%
PM growth 3Y27.79%
PM growth 5Y8.69%
GM growth 3Y6.33%
GM growth 5Y-4.11%
2. TIMB Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TIMB is destroying value.
- TIMB has less shares outstanding than it did 1 year ago.
- TIMB has less shares outstanding than it did 5 years ago.
- TIMB has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.19 indicates that TIMB is not a great score, but indicates only limited risk for bankruptcy at the moment.
- TIMB's Altman-Z score of 2.19 is amongst the best of the industry. TIMB outperforms 86.36% of its industry peers.
- The Debt to FCF ratio of TIMB is 1.88, which is an excellent value as it means it would take TIMB, only 1.88 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 1.88, TIMB belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
- TIMB has a Debt/Equity ratio of 0.58. This is a neutral value indicating TIMB is somewhat dependend on debt financing.
- TIMB has a Debt to Equity ratio (0.58) which is comparable to the rest of the industry.
- Although TIMB's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 1.88 | ||
| Altman-Z | 2.19 |
ROIC/WACC0.94
WACC15.08%
2.3 Liquidity
- A Current Ratio of 0.89 indicates that TIMB may have some problems paying its short term obligations.
- With a Current ratio value of 0.89, TIMB perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
- TIMB has a Quick Ratio of 0.89. This is a bad value and indicates that TIMB is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.86, TIMB is in line with its industry, outperforming 45.45% of the companies in the same industry.
- TIMB does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.86 |
3. TIMB Growth Analysis
3.1 Past
- TIMB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 36.92%, which is quite impressive.
- The Earnings Per Share has been growing by 18.25% on average over the past years. This is quite good.
- TIMB shows a small growth in Revenue. In the last year, the Revenue has grown by 4.62%.
- TIMB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.05% yearly.
EPS 1Y (TTM)36.92%
EPS 3Y36.49%
EPS 5Y18.25%
EPS Q2Q%25%
Revenue 1Y (TTM)4.62%
Revenue growth 3Y7.34%
Revenue growth 5Y9.05%
Sales Q2Q%4.36%
3.2 Future
- The Earnings Per Share is expected to grow by 5.96% on average over the next years.
- The Revenue is expected to grow by 3.23% on average over the next years.
EPS Next Y7.33%
EPS Next 2Y11.68%
EPS Next 3Y17.1%
EPS Next 5Y5.96%
Revenue Next Year4.75%
Revenue Next 2Y5.03%
Revenue Next 3Y4.71%
Revenue Next 5Y3.23%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. TIMB Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 14.50, the valuation of TIMB can be described as correct.
- 86.36% of the companies in the same industry are more expensive than TIMB, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 25.71, TIMB is valued a bit cheaper.
- With a Price/Forward Earnings ratio of 13.51, TIMB is valued correctly.
- Based on the Price/Forward Earnings ratio, TIMB is valued a bit cheaper than 63.64% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 23.82. TIMB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.5 | ||
| Fwd PE | 13.51 |
4.2 Price Multiples
- TIMB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TIMB is cheaper than 77.27% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, TIMB is valued cheaply inside the industry as 90.91% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.02 | ||
| EV/EBITDA | 5.16 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- TIMB has an outstanding profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as TIMB's earnings are expected to grow with 17.10% in the coming years.
PEG (NY)1.98
PEG (5Y)0.79
EPS Next 2Y11.68%
EPS Next 3Y17.1%
5. TIMB Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 8.22%, TIMB is a good candidate for dividend investing.
- TIMB's Dividend Yield is rather good when compared to the industry average which is at 6.30. TIMB pays more dividend than 90.91% of the companies in the same industry.
- TIMB's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.22% |
5.2 History
- On average, the dividend of TIMB grows each year by 36.16%, which is quite nice.
- TIMB has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of TIMB decreased recently.
Dividend Growth(5Y)36.16%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- TIMB pays out 124.31% of its income as dividend. This is not a sustainable payout ratio.
- TIMB's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP124.31%
EPS Next 2Y11.68%
EPS Next 3Y17.1%
TIMB Fundamentals: All Metrics, Ratios and Statistics
25.09
-0.98 (-3.76%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)02-10 2026-02-10/amc
Earnings (Next)05-05 2026-05-05/amc
Inst Owners14.87%
Inst Owner Change0.06%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap11.99B
Revenue(TTM)26.62B
Net Income(TTM)4.31B
Analysts71
Price Target23.94 (-4.58%)
Short Float %1.71%
Short Ratio6.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.22% |
Yearly Dividend2.12
Dividend Growth(5Y)36.16%
DP124.31%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.42%
Min EPS beat(2)8.14%
Max EPS beat(2)10.7%
EPS beat(4)4
Avg EPS beat(4)8.93%
Min EPS beat(4)6.4%
Max EPS beat(4)10.7%
EPS beat(8)4
Avg EPS beat(8)2.07%
EPS beat(12)8
Avg EPS beat(12)11.34%
EPS beat(16)10
Avg EPS beat(16)8.17%
Revenue beat(2)0
Avg Revenue beat(2)-3.06%
Min Revenue beat(2)-3.24%
Max Revenue beat(2)-2.88%
Revenue beat(4)0
Avg Revenue beat(4)-3.01%
Min Revenue beat(4)-3.3%
Max Revenue beat(4)-2.61%
Revenue beat(8)0
Avg Revenue beat(8)-2.53%
Revenue beat(12)0
Avg Revenue beat(12)-2.43%
Revenue beat(16)2
Avg Revenue beat(16)-1.9%
PT rev (1m)0%
PT rev (3m)3.89%
EPS NQ rev (1m)-6.29%
EPS NQ rev (3m)-4.9%
EPS NY rev (1m)-1.03%
EPS NY rev (3m)-0.44%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-0.03%
Revenue NY rev (1m)-0.35%
Revenue NY rev (3m)-0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.5 | ||
| Fwd PE | 13.51 | ||
| P/S | 2.32 | ||
| P/FCF | 7.02 | ||
| P/OCF | 4.6 | ||
| P/B | 2.58 | ||
| P/tB | 6.59 | ||
| EV/EBITDA | 5.16 |
EPS(TTM)1.73
EY6.9%
EPS(NY)1.86
Fwd EY7.4%
FCF(TTM)3.57
FCFY14.24%
OCF(TTM)5.45
OCFY21.72%
SpS10.8
BVpS9.72
TBVpS3.81
PEG (NY)1.98
PEG (5Y)0.79
Graham Number19.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.57% | ||
| ROE | 17.98% | ||
| ROCE | 15.67% | ||
| ROIC | 14.23% | ||
| ROICexc | 16.57% | ||
| ROICexgc | 27.94% | ||
| OM | 24.57% | ||
| PM (TTM) | 16.2% | ||
| GM | 43.54% | ||
| FCFM | 33.1% |
ROA(3y)6.1%
ROA(5y)5.44%
ROE(3y)13.61%
ROE(5y)11.84%
ROIC(3y)12.1%
ROIC(5y)10.15%
ROICexc(3y)13.94%
ROICexc(5y)11.92%
ROICexgc(3y)23.45%
ROICexgc(5y)19.91%
ROCE(3y)13.33%
ROCE(5y)11.18%
ROICexgc growth 3Y26.46%
ROICexgc growth 5Y14.49%
ROICexc growth 3Y27.83%
ROICexc growth 5Y11.22%
OM growth 3Y16.25%
OM growth 5Y6.63%
PM growth 3Y27.79%
PM growth 5Y8.69%
GM growth 3Y6.33%
GM growth 5Y-4.11%
F-Score7
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 1.88 | ||
| Debt/EBITDA | 1.02 | ||
| Cap/Depr | 65.37% | ||
| Cap/Sales | 17.38% | ||
| Interest Coverage | 3.73 | ||
| Cash Conversion | 98.69% | ||
| Profit Quality | 204.4% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 2.19 |
F-Score7
WACC15.08%
ROIC/WACC0.94
Cap/Depr(3y)65.1%
Cap/Depr(5y)71.48%
Cap/Sales(3y)18.22%
Cap/Sales(5y)21.18%
Profit Quality(3y)241.98%
Profit Quality(5y)233.86%
High Growth Momentum
Growth
EPS 1Y (TTM)36.92%
EPS 3Y36.49%
EPS 5Y18.25%
EPS Q2Q%25%
EPS Next Y7.33%
EPS Next 2Y11.68%
EPS Next 3Y17.1%
EPS Next 5Y5.96%
Revenue 1Y (TTM)4.62%
Revenue growth 3Y7.34%
Revenue growth 5Y9.05%
Sales Q2Q%4.36%
Revenue Next Year4.75%
Revenue Next 2Y5.03%
Revenue Next 3Y4.71%
Revenue Next 5Y3.23%
EBIT growth 1Y14.13%
EBIT growth 3Y24.77%
EBIT growth 5Y16.27%
EBIT Next Year127.13%
EBIT Next 3Y35.92%
EBIT Next 5Y20.84%
FCF growth 1Y15.21%
FCF growth 3Y23.33%
FCF growth 5Y13.01%
OCF growth 1Y8.99%
OCF growth 3Y12.54%
OCF growth 5Y9.15%
TIM SA-ADR / TIMB FAQ
Can you provide the ChartMill fundamental rating for TIM SA-ADR?
ChartMill assigns a fundamental rating of 7 / 10 to TIMB.
What is the valuation status for TIMB stock?
ChartMill assigns a valuation rating of 6 / 10 to TIM SA-ADR (TIMB). This can be considered as Fairly Valued.
How profitable is TIM SA-ADR (TIMB) stock?
TIM SA-ADR (TIMB) has a profitability rating of 8 / 10.
What are the PE and PB ratios of TIM SA-ADR (TIMB) stock?
The Price/Earnings (PE) ratio for TIM SA-ADR (TIMB) is 14.5 and the Price/Book (PB) ratio is 2.58.
Can you provide the dividend sustainability for TIMB stock?
The dividend rating of TIM SA-ADR (TIMB) is 6 / 10 and the dividend payout ratio is 124.31%.