TIM SA-ADR (TIMB) Fundamental Analysis & Valuation
NYSE:TIMB • US88706T1088
26 USD
+0.55 (+2.16%)
At close: Mar 9, 2026
26 USD
0 (0%)
After Hours: 3/9/2026, 8:04:00 PM
This TIMB fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 7 out of 10 to TIMB. TIMB was compared to 22 industry peers in the Wireless Telecommunication Services industry. TIMB scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TIMB is not valued too expensively and it also shows a decent growth rate. These ratings could make TIMB a good candidate for quality investing.
1. TIMB Profitability Analysis
1.1 Basic Checks
- In the past year TIMB was profitable.
- In the past year TIMB had a positive cash flow from operations.
- Each year in the past 5 years TIMB has been profitable.
- In the past 5 years TIMB always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 7.57%, TIMB belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
- With a decent Return On Equity value of 17.98%, TIMB is doing good in the industry, outperforming 72.73% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 14.23%, TIMB belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital 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
- The Profit Margin of TIMB (16.20%) is better than 90.91% of its industry peers.
- TIMB's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 24.57%, TIMB belongs to the best 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.
- The number of shares outstanding for TIMB has been reduced compared to 1 year ago.
- The number of shares outstanding for TIMB has been reduced compared to 5 years ago.
- TIMB has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.23 indicates that TIMB is not a great score, but indicates only limited risk for bankruptcy at the moment.
- TIMB has a Altman-Z score of 2.23. This is amongst the best in the industry. TIMB outperforms 86.36% of its industry peers.
- TIMB has a debt to FCF ratio of 1.88. This is a very positive value and a sign of high solvency as it would only need 1.88 years to pay back of all of its debts.
- The Debt to FCF ratio of TIMB (1.88) is better than 95.45% of its industry peers.
- A Debt/Equity ratio of 0.58 indicates that TIMB is somewhat dependend on debt financing.
- TIMB has a Debt to Equity ratio (0.58) which is in line with its industry peers.
- Even though the debt/equity ratio score it not favorable for TIMB, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 1.88 | ||
| Altman-Z | 2.23 |
ROIC/WACC0.94
WACC15.12%
2.3 Liquidity
- A Current Ratio of 0.89 indicates that TIMB may have some problems paying its short term obligations.
- TIMB has a Current ratio of 0.89. This is comparable to the rest of the industry: TIMB outperforms 45.45% of its industry peers.
- 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%.
- Measured over the past years, TIMB shows a quite strong growth in Revenue. The Revenue has been growing by 9.05% on average per year.
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
- TIMB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.96% yearly.
- Based on estimates for the next years, TIMB will show a small growth in Revenue. The Revenue will grow by 3.23% on average per year.
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
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. TIMB Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 15.38, the valuation of TIMB can be described as correct.
- Based on the Price/Earnings ratio, TIMB is valued cheaper than 86.36% of the companies in the same industry.
- TIMB is valuated rather cheaply when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 14.31 indicates a correct valuation of TIMB.
- TIMB's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 24.65. TIMB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.38 | ||
| Fwd PE | 14.31 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TIMB is valued a bit cheaper than 77.27% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of TIMB indicates a rather cheap valuation: TIMB is cheaper than 90.91% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.44 | ||
| EV/EBITDA | 5.33 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TIMB does not grow enough to justify the current Price/Earnings ratio.
- 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)2.1
PEG (5Y)0.84
EPS Next 2Y11.68%
EPS Next 3Y17.1%
5. TIMB Dividend Analysis
5.1 Amount
- TIMB has a Yearly Dividend Yield of 8.22%, which is a nice return.
- 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
- The dividend of TIMB is nicely growing with an annual growth rate of 36.16%!
- TIMB has been paying a dividend for at least 10 years, so it has a reliable track record.
- TIMB has decreased its dividend recently.
Dividend Growth(5Y)36.16%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 124.31% of the earnings are spent on dividend by TIMB. 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
26
+0.55 (+2.16%)
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 Cap12.42B
Revenue(TTM)26.62B
Net Income(TTM)4.31B
Analysts71
Price Target23.94 (-7.92%)
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 | 15.38 | ||
| Fwd PE | 14.31 | ||
| P/S | 2.46 | ||
| P/FCF | 7.44 | ||
| P/OCF | 4.88 | ||
| P/B | 2.73 | ||
| P/tB | 6.98 | ||
| EV/EBITDA | 5.33 |
EPS(TTM)1.69
EY6.5%
EPS(NY)1.82
Fwd EY6.99%
FCF(TTM)3.5
FCFY13.45%
OCF(TTM)5.33
OCFY20.51%
SpS10.56
BVpS9.51
TBVpS3.72
PEG (NY)2.1
PEG (5Y)0.84
Graham Number19.02
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 | 2.23 |
F-Score7
WACC15.12%
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 15.38 and the Price/Book (PB) ratio is 2.73.
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%.