TETRA TECHNOLOGIES INC (TTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TTI - US88162F1057 - Common Stock
8.8 USD
-0.3 (-3.3%)
8.7399 USD
-0.06 (-0.68%)
TTI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 60 industry peers in the Energy Equipment & Services industry. While TTI has a great profitability rating, there are some minor concerns on its financial health. TTI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
TTI had positive earnings in the past year.
TTI had a positive operating cash flow in the past year.
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
TTI has a better Return On Assets (18.66%) than 98.33% of its industry peers.
TTI has a Return On Equity of 41.20%. This is amongst the best in the industry. TTI outperforms 98.33% of its industry peers.
With a decent Return On Invested Capital value of 9.47%, TTI is doing good in the industry, outperforming 75.00% of the companies in the same industry.
TTI had an Average Return On Invested Capital over the past 3 years of 8.06%. This is in line with the industry average of 7.48%.
The last Return On Invested Capital (9.47%) for TTI is above the 3 year average (8.06%), which is a sign of increasing profitability.
| 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 98.33% of the companies in the same industry.
TTI's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 9.94%, TTI perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
TTI's Operating Margin has improved in the last couple of years.
TTI has a Gross Margin (25.74%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of TTI has grown nicely.
| 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.
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.
The debt/assets ratio for TTI has been reduced compared to a year ago.
2.2 Solvency
TTI has an Altman-Z score of 3.30. 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 3.30, TTI is in the better half of the industry, outperforming 80.00% 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.
The Debt to FCF ratio of TTI (29.19) is worse than 61.67% of its industry peers.
TTI has a Debt/Equity ratio of 0.61. This is a neutral value indicating TTI is somewhat dependend on debt financing.
TTI's Debt to Equity ratio of 0.61 is on the low side compared to the rest of the industry. TTI is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 29.19 | ||
| Altman-Z | 3.3 |
ROIC/WACC1.02
WACC9.26%
2.3 Liquidity
A Current Ratio of 2.35 indicates that TTI has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.35, TTI is doing good in the industry, outperforming 66.67% of the companies in the same industry.
A Quick Ratio of 1.56 indicates that TTI should not have too much problems paying its short term obligations.
TTI has a Quick ratio (1.56) which is in line with its industry peers.
| 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.
The Revenue has been growing slightly by 0.17% 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)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.
The Revenue is expected to grow by 11.01% on average over the next years. This is quite good.
EPS Next Y43.08%
EPS Next 2Y27.12%
EPS Next 3Y36.22%
EPS Next 5Y56.53%
Revenue Next Year3.91%
Revenue Next 2Y4.24%
Revenue Next 3Y9.37%
Revenue Next 5Y11.01%
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 accelerating.
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 32.59, 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 63.33% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.54. TTI is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 30.25, which means the current valuation is very expensive for TTI.
The rest of the industry has a similar Price/Forward Earnings ratio as TTI.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, TTI is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.59 | ||
| Fwd PE | 30.25 |
4.2 Price Multiples
TTI's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. TTI is more expensive than 86.67% of the companies in the same industry.
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 65.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 189.87 | ||
| EV/EBITDA | 13.49 |
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 36.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.76
PEG (5Y)N/A
EPS Next 2Y27.12%
EPS Next 3Y36.22%
5. Dividend
5.1 Amount
No dividends for TTI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
8.8
-0.3 (-3.3%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners82.64%
Inst Owner Change8.91%
Ins Owners4.5%
Ins Owner Change1.95%
Market Cap1.18B
Revenue(TTM)618.75M
Net Income(TTM)122.23M
Analysts82.5
Price Target9.31 (5.8%)
Short Float %5.11%
Short Ratio2.36
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)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)17.74%
PT rev (3m)47.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-39.13%
EPS NY rev (1m)0%
EPS NY rev (3m)8.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.59 | ||
| Fwd PE | 30.25 | ||
| P/S | 1.9 | ||
| P/FCF | 189.87 | ||
| P/OCF | 15.85 | ||
| P/B | 3.97 | ||
| P/tB | 4.29 | ||
| EV/EBITDA | 13.49 |
EPS(TTM)0.27
EY3.07%
EPS(NY)0.29
Fwd EY3.31%
FCF(TTM)0.05
FCFY0.53%
OCF(TTM)0.56
OCFY6.31%
SpS4.63
BVpS2.22
TBVpS2.05
PEG (NY)0.76
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 | 3.3 |
F-Score7
WACC9.26%
ROIC/WACC1.02
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 Y43.08%
EPS Next 2Y27.12%
EPS Next 3Y36.22%
EPS Next 5Y56.53%
Revenue 1Y (TTM)0.17%
Revenue growth 3Y15.56%
Revenue growth 5Y1.31%
Sales Q2Q%8.14%
Revenue Next Year3.91%
Revenue Next 2Y4.24%
Revenue Next 3Y9.37%
Revenue Next 5Y11.01%
EBIT growth 1Y34.29%
EBIT growth 3YN/A
EBIT growth 5Y52%
EBIT Next Year118.69%
EBIT Next 3Y44.23%
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.
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 32.59 and the Price/Book (PB) ratio is 3.97.
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 43.08% in the next year.