TETRA TECHNOLOGIES INC (TTI) Stock Fundamental Analysis
USA - NYSE:TTI - US88162F1057 - Common Stock
7.84 USD
-0.15 (-1.88%)
7.84 USD
0 (0%)
Taking everything into account, TTI scores 5 out of 10 in our fundamental rating. TTI was compared to 61 industry peers in the Energy Equipment & Services industry. While TTI has a great profitability rating, there are some minor concerns on its financial health. While showing a medium growth rate, TTI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
TTI had positive earnings in the past year.
In the past year TTI had a positive cash flow from operations.
TTI had positive earnings in 4 of the past 5 years.
Each year in the past 5 years TTI had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 17.83%, TTI belongs to the best of the industry, outperforming 98.36% of the companies in the same industry.
With an excellent Return On Equity value of 39.56%, TTI belongs to the best of the industry, outperforming 98.36% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.67%, TTI is in the better half of the industry, outperforming 77.05% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TTI is in line with the industry average of 7.86%.
The 3 year average ROIC (8.06%) for TTI is below the current ROIC(9.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.83% | ||
| ROE | 39.56% | ||
| ROIC | 9.67% |
ROA(3y)8.36%
ROA(5y)9.3%
ROE(3y)22.39%
ROE(5y)N/A
ROIC(3y)8.06%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 18.95%, TTI belongs to the top of the industry, outperforming 98.36% of the companies in the same industry.
In the last couple of years the Profit Margin of TTI has declined.
With a Operating Margin value of 10.28%, TTI perfoms like the industry average, outperforming 54.10% of the companies in the same industry.
In the last couple of years the Operating Margin of TTI has grown nicely.
TTI has a Gross Margin (25.92%) which is in line with its industry peers.
TTI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.28% | ||
| PM (TTM) | 18.95% | ||
| GM | 25.92% |
OM growth 3YN/A
OM growth 5Y50.03%
PM growth 3Y-12.1%
PM growth 5YN/A
GM growth 3Y14.89%
GM growth 5Y5.02%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TTI is still creating some value.
The number of shares outstanding for TTI has been increased compared to 1 year ago.
TTI has more shares outstanding than it did 5 years ago.
TTI has a better debt/assets ratio than last year.
2.2 Solvency
TTI has an Altman-Z score of 3.04. This indicates that TTI is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.04, TTI is in the better half of the industry, outperforming 77.05% of the companies in the same industry.
TTI has a debt to FCF ratio of 16.61. This is a negative value and a sign of low solvency as TTI would need 16.61 years to pay back of all of its debts.
TTI has a Debt to FCF ratio of 16.61. This is comparable to the rest of the industry: TTI outperforms 40.98% of its industry peers.
A Debt/Equity ratio of 0.62 indicates that TTI is somewhat dependend on debt financing.
TTI's Debt to Equity ratio of 0.62 is on the low side compared to the rest of the industry. TTI is outperformed by 62.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 16.61 | ||
| Altman-Z | 3.04 |
ROIC/WACC1.05
WACC9.2%
2.3 Liquidity
A Current Ratio of 2.47 indicates that TTI has no problem at all paying its short term obligations.
The Current ratio of TTI (2.47) is better than 73.77% of its industry peers.
TTI has a Quick Ratio of 1.61. This is a normal value and indicates that TTI is financially healthy and should not expect problems in meeting its short term obligations.
TTI has a Quick ratio (1.61) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
TTI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.18%, which is quite good.
The Revenue has decreased by -3.23% in the past year.
TTI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.31% yearly.
EPS 1Y (TTM)18.18%
EPS 3Y0%
EPS 5YN/A
EPS Q2Q%28.57%
Revenue 1Y (TTM)-3.23%
Revenue growth 3Y15.56%
Revenue growth 5Y1.31%
Sales Q2Q%1.13%
3.2 Future
Based on estimates for the next years, TTI will show a very strong growth in Earnings Per Share. The EPS will grow by 56.53% on average per year.
Based on estimates for the next years, TTI will show a quite strong growth in Revenue. The Revenue will grow by 11.01% on average per year.
EPS Next Y37.47%
EPS Next 2Y26.9%
EPS Next 3Y41.97%
EPS Next 5Y56.53%
Revenue Next Year2.2%
Revenue Next 2Y3.13%
Revenue Next 3Y11.47%
Revenue Next 5Y11.01%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 30.15, which means the current valuation is very expensive for TTI.
TTI's Price/Earnings is on the same level as the industry average.
TTI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 27.05, which means the current valuation is very expensive for TTI.
Based on the Price/Forward Earnings ratio, TTI is valued a bit more expensive than 62.30% of the companies in the same industry.
TTI's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.15 | ||
| Fwd PE | 27.05 |
4.2 Price Multiples
83.61% of the companies in the same industry are cheaper than TTI, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, TTI is valued a bit more expensive than 63.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 96.14 | ||
| EV/EBITDA | 11.69 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TTI has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as TTI's earnings are expected to grow with 41.97% in the coming years.
PEG (NY)0.8
PEG (5Y)N/A
EPS Next 2Y26.9%
EPS Next 3Y41.97%
5. Dividend
5.1 Amount
TTI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.84
-0.15 (-1.88%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners75.02%
Inst Owner Change-0.09%
Ins Owners5.74%
Ins Owner Change4.04%
Market Cap1.04B
Revenue(TTM)607.22M
Net Income(TTM)115.08M
Analysts82.5
Price Target7.01 (-10.59%)
Short Float %3.74%
Short Ratio2.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)59.56%
Min EPS beat(2)29.14%
Max EPS beat(2)89.97%
EPS beat(4)3
Avg EPS beat(4)27.55%
Min EPS beat(4)-21%
Max EPS beat(4)89.97%
EPS beat(8)4
Avg EPS beat(8)8.68%
EPS beat(12)5
Avg EPS beat(12)-1.48%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.62%
Min Revenue beat(2)-3.07%
Max Revenue beat(2)-0.18%
Revenue beat(4)0
Avg Revenue beat(4)-3.09%
Min Revenue beat(4)-5.47%
Max Revenue beat(4)-0.18%
Revenue beat(8)1
Avg Revenue beat(8)-3.15%
Revenue beat(12)3
Avg Revenue beat(12)-1.85%
Revenue beat(16)6
Avg Revenue beat(16)-0.89%
PT rev (1m)5.77%
PT rev (3m)25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)2.94%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)3.83%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.15 | ||
| Fwd PE | 27.05 | ||
| P/S | 1.72 | ||
| P/FCF | 96.14 | ||
| P/OCF | 13.44 | ||
| P/B | 3.59 | ||
| P/tB | 3.9 | ||
| EV/EBITDA | 11.69 |
EPS(TTM)0.26
EY3.32%
EPS(NY)0.29
Fwd EY3.7%
FCF(TTM)0.08
FCFY1.04%
OCF(TTM)0.58
OCFY7.44%
SpS4.56
BVpS2.18
TBVpS2.01
PEG (NY)0.8
PEG (5Y)N/A
Graham Number3.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.83% | ||
| ROE | 39.56% | ||
| ROCE | 12.03% | ||
| ROIC | 9.67% | ||
| ROICexc | 11.14% | ||
| ROICexgc | 11.75% | ||
| OM | 10.28% | ||
| PM (TTM) | 18.95% | ||
| GM | 25.92% | ||
| FCFM | 1.79% |
ROA(3y)8.36%
ROA(5y)9.3%
ROE(3y)22.39%
ROE(5y)N/A
ROIC(3y)8.06%
ROIC(5y)N/A
ROICexc(3y)8.98%
ROICexc(5y)N/A
ROICexgc(3y)9.83%
ROICexgc(5y)N/A
ROCE(3y)10.03%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y80.49%
ROICexc growth 3YN/A
ROICexc growth 5Y81.01%
OM growth 3YN/A
OM growth 5Y50.03%
PM growth 3Y-12.1%
PM growth 5YN/A
GM growth 3Y14.89%
GM growth 5Y5.02%
F-Score7
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 16.61 | ||
| Debt/EBITDA | 1.82 | ||
| Cap/Depr | 183.14% | ||
| Cap/Sales | 11.02% | ||
| Interest Coverage | 2.99 | ||
| Cash Conversion | 78.58% | ||
| Profit Quality | 9.44% | ||
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.61 | ||
| Altman-Z | 3.04 |
F-Score7
WACC9.2%
ROIC/WACC1.05
Cap/Depr(3y)134.35%
Cap/Depr(5y)97.81%
Cap/Sales(3y)7.82%
Cap/Sales(5y)7.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.18%
EPS 3Y0%
EPS 5YN/A
EPS Q2Q%28.57%
EPS Next Y37.47%
EPS Next 2Y26.9%
EPS Next 3Y41.97%
EPS Next 5Y56.53%
Revenue 1Y (TTM)-3.23%
Revenue growth 3Y15.56%
Revenue growth 5Y1.31%
Sales Q2Q%1.13%
Revenue Next Year2.2%
Revenue Next 2Y3.13%
Revenue Next 3Y11.47%
Revenue Next 5Y11.01%
EBIT growth 1Y41.77%
EBIT growth 3YN/A
EBIT growth 5Y52%
EBIT Next Year109.97%
EBIT Next 3Y58.91%
EBIT Next 5Y48.21%
FCF growth 1Y204.44%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y139.22%
OCF growth 3Y98.67%
OCF growth 5Y-16.55%
TETRA TECHNOLOGIES INC / TTI FAQ
Can you provide the ChartMill fundamental rating for TETRA TECHNOLOGIES INC?
ChartMill assigns a fundamental rating of 5 / 10 to TTI.
What is the valuation status for TTI stock?
ChartMill assigns a valuation rating of 3 / 10 to TETRA TECHNOLOGIES INC (TTI). This can be considered as Overvalued.
How profitable is TETRA TECHNOLOGIES INC (TTI) stock?
TETRA TECHNOLOGIES INC (TTI) has a profitability rating of 7 / 10.
What is the valuation of TETRA TECHNOLOGIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TETRA TECHNOLOGIES INC (TTI) is 30.15 and the Price/Book (PB) ratio is 3.59.
What is the expected EPS growth for TETRA TECHNOLOGIES INC (TTI) stock?
The Earnings per Share (EPS) of TETRA TECHNOLOGIES INC (TTI) is expected to grow by 37.47% in the next year.