TETRA TECHNOLOGIES INC (TTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TTI - US88162F1057 - Common Stock
7.42 USD
+0.25 (+3.49%)
7.42 USD
0 (0%)
Taking everything into account, TTI scores 5 out of 10 in our fundamental rating. TTI was compared to 60 industry peers in the Energy Equipment & Services industry. TTI has an excellent profitability rating, 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
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.
TTI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of TTI (18.66%) is better than 98.33% of its industry peers.
The Return On Equity of TTI (41.20%) is better than 98.33% of its industry peers.
TTI has a better Return On Invested Capital (9.47%) than 75.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TTI is in line with the industry average of 7.76%.
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
TTI has a Profit Margin of 19.75%. This is amongst the best in the industry. TTI outperforms 98.33% of its industry peers.
TTI's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 9.94%, TTI is in line with its industry, 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.
TTI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for TTI has been increased compared to 5 years ago.
TTI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.87 indicates that TTI is not a great score, but indicates only limited risk for bankruptcy at the moment.
TTI has a better Altman-Z score (2.87) than 76.67% of its industry peers.
The Debt to FCF ratio of TTI is 29.19, which is on the high side as it means it would take TTI, 29.19 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TTI (29.19) is worse than 60.00% of its industry peers.
A Debt/Equity ratio of 0.61 indicates that TTI is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.61, TTI is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 29.19 | ||
| Altman-Z | 2.87 |
ROIC/WACC1.03
WACC9.24%
2.3 Liquidity
A Current Ratio of 2.35 indicates that TTI has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.35, TTI is in the better half of 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 comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
TTI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 50.00%, which is quite impressive.
The Revenue has been growing slightly by 0.17% in the past 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
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 3Y34.85%
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
A Price/Earnings ratio of 27.48 indicates a quite expensive valuation of 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 61.67% of the companies listed in the same industry.
TTI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.45.
Based on the Price/Forward Earnings ratio of 25.51, the valuation of TTI can be described as expensive.
Based on the Price/Forward Earnings ratio, TTI is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
TTI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.48 | ||
| Fwd PE | 25.51 |
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.
Based on the Price/Free Cash Flow ratio, TTI is valued a bit more expensive than the industry average as 65.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 159.53 | ||
| EV/EBITDA | 10.84 |
4.3 Compensation for Growth
TTI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of TTI may justify a higher PE ratio.
TTI's earnings are expected to grow with 34.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.64
PEG (5Y)N/A
EPS Next 2Y27.12%
EPS Next 3Y34.85%
5. Dividend
5.1 Amount
TTI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.42
+0.25 (+3.49%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners75.02%
Inst Owner Change9.09%
Ins Owners5.74%
Ins Owner Change4.99%
Market Cap988.94M
Revenue(TTM)618.75M
Net Income(TTM)122.23M
Analysts82.5
Price Target9.31 (25.47%)
Short Float %4.28%
Short Ratio2.03
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)12.73%
PT rev (3m)29.17%
EPS NQ rev (1m)-42.86%
EPS NQ rev (3m)-28.21%
EPS NY rev (1m)4.08%
EPS NY rev (3m)7.14%
Revenue NQ rev (1m)0.38%
Revenue NQ rev (3m)-0.53%
Revenue NY rev (1m)1.62%
Revenue NY rev (3m)3.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.48 | ||
| Fwd PE | 25.51 | ||
| P/S | 1.6 | ||
| P/FCF | 159.53 | ||
| P/OCF | 13.32 | ||
| P/B | 3.33 | ||
| P/tB | 3.6 | ||
| EV/EBITDA | 10.84 |
EPS(TTM)0.27
EY3.64%
EPS(NY)0.29
Fwd EY3.92%
FCF(TTM)0.05
FCFY0.63%
OCF(TTM)0.56
OCFY7.51%
SpS4.64
BVpS2.23
TBVpS2.06
PEG (NY)0.64
PEG (5Y)N/A
Graham Number3.68
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 | 2.87 |
F-Score7
WACC9.24%
ROIC/WACC1.03
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 3Y34.85%
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 Year109.97%
EBIT Next 3Y58.91%
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 27.48 and the Price/Book (PB) ratio is 3.33.
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.