TETRA TECHNOLOGIES INC (TTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TTI - US88162F1057 - Common Stock
9.02 USD
+0.09 (+1.01%)
9.3146 USD
+0.29 (+3.27%)
TTI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 62 industry peers in the Energy Equipment & Services industry. TTI scores excellent on profitability, but 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.
In the past 5 years TTI always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 18.66%, TTI belongs to the best of the industry, outperforming 98.39% of the companies in the same industry.
TTI has a Return On Equity of 41.20%. This is amongst the best in the industry. TTI outperforms 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 72.58% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TTI is significantly below the industry average of 13.09%.
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
TTI's Profit Margin of 19.75% is amongst the best of the industry. TTI outperforms 98.39% of its industry peers.
In the last couple of years the Profit Margin of TTI has declined.
TTI has a Operating Margin (9.94%) which is in line with its industry peers.
In the last couple of years the Operating Margin of TTI has grown nicely.
TTI has a Gross Margin (25.74%) which is comparable to the rest of the 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.
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 3.29. This indicates that TTI is financially healthy and has little risk of bankruptcy at the moment.
TTI's Altman-Z score of 3.29 is fine compared to the rest of the industry. TTI outperforms 79.03% of its industry peers.
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.
TTI's Debt to FCF ratio of 29.19 is on the low side compared to the rest of the industry. TTI is outperformed by 61.29% of its industry peers.
A Debt/Equity ratio of 0.61 indicates that 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 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 29.19 | ||
| Altman-Z | 3.29 |
ROIC/WACC1.04
WACC9.11%
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.
The Current ratio of TTI (2.35) is better than 66.13% 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.
Looking at the Quick ratio, with a value of 1.56, TTI is in line with its industry, outperforming 56.45% of the companies in the same 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.
The Revenue has been growing slightly by 1.31% on average over the past years.
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
TTI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 56.53% yearly.
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 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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 33.41, the valuation of TTI can be described as expensive.
TTI's Price/Earnings ratio is a bit more expensive when compared to the industry. TTI is more expensive than 66.13% of the companies in the same industry.
When comparing the Price/Earnings ratio of TTI to the average of the S&P500 Index (26.39), we can say TTI is valued slightly more expensively.
TTI is valuated quite expensively with a Price/Forward Earnings ratio of 31.01.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TTI is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, TTI is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.41 | ||
| Fwd PE | 31.01 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TTI indicates a rather expensive valuation: TTI more expensive than 85.48% of the companies listed in the same industry.
TTI's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. TTI is more expensive than 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 194.62 | ||
| EV/EBITDA | 13.38 |
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 36.22% in the coming years.
PEG (NY)0.78
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 | 0% |
9.02
+0.09 (+1.01%)
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 Change1.38%
Market Cap1.21B
Revenue(TTM)618.75M
Net Income(TTM)122.23M
Analysts82.5
Price Target9.31 (3.22%)
Short Float %5.82%
Short Ratio2.52
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)17.74%
PT rev (3m)40.38%
EPS NQ rev (1m)14.29%
EPS NQ rev (3m)-34.69%
EPS NY rev (1m)0%
EPS NY rev (3m)8.51%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.41 | ||
| Fwd PE | 31.01 | ||
| P/S | 1.95 | ||
| P/FCF | 194.62 | ||
| P/OCF | 16.24 | ||
| P/B | 4.07 | ||
| P/tB | 4.4 | ||
| EV/EBITDA | 13.38 |
EPS(TTM)0.27
EY2.99%
EPS(NY)0.29
Fwd EY3.22%
FCF(TTM)0.05
FCFY0.51%
OCF(TTM)0.56
OCFY6.16%
SpS4.63
BVpS2.22
TBVpS2.05
PEG (NY)0.78
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 | 3.29 |
F-Score7
WACC9.11%
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 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 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 valuation of TETRA TECHNOLOGIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TETRA TECHNOLOGIES INC (TTI) is 33.41 and the Price/Book (PB) ratio is 4.07.
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.