TETRA TECHNOLOGIES INC (TTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TTI - US88162F1057 - Common Stock
9.92 USD
+0.31 (+3.23%)
9.86 USD
-0.06 (-0.6%)
Overall TTI gets a fundamental rating of 5 out of 10. We evaluated TTI against 62 industry peers in the Energy Equipment & Services industry. TTI has an excellent profitability rating, but 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
In the past year TTI was profitable.
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
Looking at the Return On Assets, with a value of 18.66%, TTI belongs to the top of the industry, outperforming 98.39% of the companies in the same industry.
The Return On Equity of TTI (41.20%) is better than 100.00% of its industry peers.
TTI's Return On Invested Capital of 9.47% is fine compared to the rest of the industry. TTI outperforms 75.81% of its industry peers.
TTI had an Average Return On Invested Capital over the past 3 years of 8.06%. This is below the industry average of 12.79%.
The 3 year average ROIC (8.06%) for TTI is below the current ROIC(9.47%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.66% | ||
| ROE | 41.2% | ||
| ROIC | 9.47% |
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 19.75%, TTI belongs to the top of the industry, outperforming 98.39% of the companies in the same industry.
TTI's Profit Margin has declined in the last couple of years.
TTI's Operating Margin of 9.94% is in line compared to the rest of the industry. TTI outperforms 59.68% of its industry peers.
TTI's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 25.74%, TTI perfoms like the industry average, outperforming 58.06% of the companies in the same industry.
TTI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.94% | ||
| PM (TTM) | 19.75% | ||
| GM | 25.74% |
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.
Compared to 1 year ago, TTI has more shares outstanding
The number of shares outstanding for TTI has been increased compared to 5 years ago.
The debt/assets ratio for TTI has been reduced compared to a year ago.
2.2 Solvency
TTI has an Altman-Z score of 3.42. 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 3.42, TTI belongs to the top of the industry, outperforming 80.65% of the companies in the same industry.
TTI has a debt to FCF ratio of 29.19. This is a negative value and a sign of low solvency as TTI would need 29.19 years to pay back of all of its debts.
With a Debt to FCF ratio value of 29.19, TTI is not doing good in the industry: 61.29% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.61 indicates that TTI is somewhat dependend on debt financing.
The Debt to Equity ratio of TTI (0.61) is worse than 62.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 29.19 | ||
| Altman-Z | 3.42 |
ROIC/WACC1.04
WACC9.12%
2.3 Liquidity
TTI has a Current Ratio of 2.35. This indicates that TTI is financially healthy and has no problem in meeting its short term obligations.
TTI has a better Current ratio (2.35) than 67.74% of its industry peers.
TTI has a Quick Ratio of 1.56. This is a normal value and indicates that TTI is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of TTI (1.56) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 50.00% over the past year.
Looking at the last year, TTI shows a small growth in Revenue. The Revenue has grown by 0.17% in the last year.
Measured over the past years, TTI shows a small growth in Revenue. The Revenue has been growing by 1.31% on average per year.
EPS 1Y (TTM)50%
EPS 3Y0%
EPS 5YN/A
EPS Q2Q%33.33%
Revenue 1Y (TTM)0.17%
Revenue growth 3Y15.56%
Revenue growth 5Y1.31%
Sales Q2Q%8.14%
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.
TTI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.01% yearly.
EPS Next Y44.02%
EPS Next 2Y25.79%
EPS Next 3Y33.81%
EPS Next 5Y56.53%
Revenue Next Year3.86%
Revenue Next 2Y4.15%
Revenue Next 3Y8.52%
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 36.74, which means the current valuation is very expensive for TTI.
Compared to the rest of the industry, the Price/Earnings ratio of TTI indicates a slightly more expensive valuation: TTI is more expensive than 62.90% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.00. TTI is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 34.83, the valuation of TTI can be described as expensive.
TTI's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of TTI to the average of the S&P500 Index (23.70), we can say TTI is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.74 | ||
| Fwd PE | 34.83 |
4.2 Price Multiples
82.26% of the companies in the same industry are cheaper than TTI, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TTI indicates a slightly more expensive valuation: TTI is more expensive than 64.52% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 214.03 | ||
| EV/EBITDA | 14.18 |
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.
TTI's earnings are expected to grow with 33.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.83
PEG (5Y)N/A
EPS Next 2Y25.79%
EPS Next 3Y33.81%
5. Dividend
5.1 Amount
No dividends for TTI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
9.92
+0.31 (+3.23%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners84.68%
Inst Owner Change0%
Ins Owners4.5%
Ins Owner Change1.38%
Market Cap1.33B
Revenue(TTM)618.75M
Net Income(TTM)122.23M
Analysts82.5
Price Target9.79 (-1.31%)
Short Float %6.2%
Short Ratio3.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)48.84%
Min EPS beat(2)29.14%
Max EPS beat(2)68.53%
EPS beat(4)4
Avg EPS beat(4)49.93%
Min EPS beat(4)12.09%
Max EPS beat(4)89.97%
EPS beat(8)5
Avg EPS beat(8)20.06%
EPS beat(12)6
Avg EPS beat(12)8.72%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)2.73%
Min Revenue beat(2)-0.18%
Max Revenue beat(2)5.63%
Revenue beat(4)1
Avg Revenue beat(4)-0.32%
Min Revenue beat(4)-3.64%
Max Revenue beat(4)5.63%
Revenue beat(8)2
Avg Revenue beat(8)-1.83%
Revenue beat(12)4
Avg Revenue beat(12)-1.29%
Revenue beat(16)7
Avg Revenue beat(16)0.1%
PT rev (1m)5.21%
PT rev (3m)39.64%
EPS NQ rev (1m)14.29%
EPS NQ rev (3m)-34.69%
EPS NY rev (1m)0.65%
EPS NY rev (3m)4.76%
Revenue NQ rev (1m)-0.3%
Revenue NQ rev (3m)0.08%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)1.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.74 | ||
| Fwd PE | 34.83 | ||
| P/S | 2.14 | ||
| P/FCF | 214.03 | ||
| P/OCF | 17.86 | ||
| P/B | 4.47 | ||
| P/tB | 4.84 | ||
| EV/EBITDA | 14.18 |
EPS(TTM)0.27
EY2.72%
EPS(NY)0.28
Fwd EY2.87%
FCF(TTM)0.05
FCFY0.47%
OCF(TTM)0.56
OCFY5.6%
SpS4.63
BVpS2.22
TBVpS2.05
PEG (NY)0.83
PEG (5Y)N/A
Graham Number3.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.66% | ||
| ROE | 41.2% | ||
| ROCE | 11.79% | ||
| ROIC | 9.47% | ||
| ROICexc | 10.87% | ||
| ROICexgc | 11.43% | ||
| OM | 9.94% | ||
| PM (TTM) | 19.75% | ||
| GM | 25.74% | ||
| FCFM | 1% |
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 | 0.61 | ||
| Debt/FCF | 29.19 | ||
| Debt/EBITDA | 1.83 | ||
| Cap/Depr | 183.06% | ||
| Cap/Sales | 11% | ||
| Interest Coverage | 3.02 | ||
| Cash Conversion | 75.25% | ||
| Profit Quality | 5.07% | ||
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | 3.42 |
F-Score7
WACC9.12%
ROIC/WACC1.04
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)50%
EPS 3Y0%
EPS 5YN/A
EPS Q2Q%33.33%
EPS Next Y44.02%
EPS Next 2Y25.79%
EPS Next 3Y33.81%
EPS Next 5Y56.53%
Revenue 1Y (TTM)0.17%
Revenue growth 3Y15.56%
Revenue growth 5Y1.31%
Sales Q2Q%8.14%
Revenue Next Year3.86%
Revenue Next 2Y4.15%
Revenue Next 3Y8.52%
Revenue Next 5Y11.01%
EBIT growth 1Y34.29%
EBIT growth 3YN/A
EBIT growth 5Y52%
EBIT Next Year117.88%
EBIT Next 3Y40.87%
EBIT Next 5Y48.21%
FCF growth 1Y-7.78%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y67.5%
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.
Can you provide the valuation status for TETRA TECHNOLOGIES INC?
ChartMill assigns a valuation rating of 2 / 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 earnings growth outlook for TETRA TECHNOLOGIES INC?
The Earnings per Share (EPS) of TETRA TECHNOLOGIES INC (TTI) is expected to grow by 44.02% in the next year.