TETRA TECHNOLOGIES INC (TTI)
US88162F1057 - Common Stock
Overall TTI gets a fundamental rating of 3 out of 10. We evaluated TTI against 59 industry peers in the Energy Equipment & Services industry. TTI has a bad profitability rating. Also its financial health evaluation is rather negative. TTI has a valuation in line with the averages, but it does not seem to be growing.
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.
The reported net income has been mixed in the past 5 years: TTI reported negative net income in multiple years.
Each year in the past 5 years TTI had a positive operating cash flow.
1.2 Ratios
TTI's Return On Assets of 0.33% is on the low side compared to the rest of the industry. TTI is outperformed by 64.41% of its industry peers.
With a Return On Equity value of 1.07%, TTI is not doing good in the industry: 64.41% of the companies in the same industry are doing better.
With a decent Return On Invested Capital value of 8.91%, TTI is doing good in the industry, outperforming 64.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.33% | ||
| ROE | 1.07% | ||
| ROIC | 8.91% |
ROA(3y)11.04%
ROA(5y)3.41%
ROE(3y)42.76%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 0.27%, TTI is doing worse than 66.10% of the companies in the same industry.
TTI has a worse Operating Margin (7.41%) than 61.02% of its industry peers.
In the last couple of years the Operating Margin of TTI has grown nicely.
TTI's Gross Margin of 22.87% is in line compared to the rest of the industry. TTI outperforms 44.07% of its industry peers.
In the last couple of years the Gross Margin of TTI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.41% | ||
| PM (TTM) | 0.27% | ||
| GM | 22.87% |
OM growth 3YN/A
OM growth 5Y16.51%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.91%
GM growth 5Y8.13%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TTI is destroying value.
Compared to 1 year ago, TTI has more shares outstanding
Compared to 5 years ago, TTI has more shares outstanding
Compared to 1 year ago, TTI has an improved debt to assets ratio.
2.2 Solvency
TTI has an Altman-Z score of 1.95. This is not the best score and indicates that TTI is in the grey zone with still only limited risk for bankruptcy at the moment.
TTI has a Altman-Z score of 1.95. This is comparable to the rest of the industry: TTI outperforms 54.24% of its industry peers.
A Debt/Equity ratio of 1.15 is on the high side and indicates that TTI has dependencies on debt financing.
TTI has a Debt to Equity ratio of 1.15. This is amonst the worse of the industry: TTI underperforms 83.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.95 |
ROIC/WACC0.97
WACC9.14%
2.3 Liquidity
TTI has a Current Ratio of 2.33. This indicates that TTI is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.33, TTI is in the better half of the industry, outperforming 69.49% of the companies in the same industry.
A Quick Ratio of 1.51 indicates that TTI should not have too much problems paying its short term obligations.
TTI has a Quick ratio (1.51) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.33 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
The earnings per share for TTI have decreased strongly by -28.00% in the last year.
TTI shows a decrease in Revenue. In the last year, the revenue decreased by -0.46%.
The Revenue has been decreasing by -8.91% on average over the past years.
EPS 1Y (TTM)-28%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-57.14%
Revenue 1Y (TTM)-0.46%
Revenue growth 3Y18.36%
Revenue growth 5Y-8.91%
Sales Q2Q%-6.45%
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 49.77% on average per year.
TTI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.93% yearly.
EPS Next Y-38.16%
EPS Next 2Y22.74%
EPS Next 3Y41.76%
EPS Next 5Y49.77%
Revenue Next Year-2.6%
Revenue Next 2Y5.03%
Revenue Next 3Y9.12%
Revenue Next 5Y10.93%
3.3 Evolution
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
With a Price/Earnings ratio of 19.00, TTI is valued on the expensive side.
TTI's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of TTI to the average of the S&P500 Index (27.73), we can say TTI is valued slightly cheaper.
With a Price/Forward Earnings ratio of 8.73, the valuation of TTI can be described as very reasonable.
88.14% of the companies in the same industry are more expensive than TTI, based on the Price/Forward Earnings ratio.
TTI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19 | ||
| Fwd PE | 8.73 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TTI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.24 |
4.3 Compensation for Growth
TTI's earnings are expected to grow with 41.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y22.74%
EPS Next 3Y41.76%
5. Dividend
5.1 Amount
No dividends for TTI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TETRA TECHNOLOGIES INC
NYSE:TTI (12/20/2024, 8:04:00 PM)
After market: 3.42 0 (0%)3.42
-0.02 (-0.58%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners69.84%
Inst Owner Change-0.61%
Ins Owners9.19%
Ins Owner Change1.57%
Market Cap450.79M
Analysts82
Price Target6.71 (96.2%)
Short Float %2.34%
Short Ratio2.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.28%
Min EPS beat(2)-29.57%
Max EPS beat(2)-21%
EPS beat(4)1
Avg EPS beat(4)-9.82%
Min EPS beat(4)-49.44%
Max EPS beat(4)60.73%
EPS beat(8)2
Avg EPS beat(8)-11.88%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.84%
Min Revenue beat(2)-6.2%
Max Revenue beat(2)-5.47%
Revenue beat(4)1
Avg Revenue beat(4)-3.34%
Min Revenue beat(4)-6.2%
Max Revenue beat(4)1.04%
Revenue beat(8)3
Avg Revenue beat(8)-1.77%
Revenue beat(12)6
Avg Revenue beat(12)0.24%
Revenue beat(16)6
Avg Revenue beat(16)-17.61%
PT rev (1m)-4.82%
PT rev (3m)-11.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-60.81%
EPS NY rev (1m)0%
EPS NY rev (3m)-31.44%
Revenue NQ rev (1m)-2.67%
Revenue NQ rev (3m)-15.3%
Revenue NY rev (1m)-0.89%
Revenue NY rev (3m)-4.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19 | ||
| Fwd PE | 8.73 | ||
| P/S | 0.73 | ||
| P/FCF | N/A | ||
| P/OCF | 9.06 | ||
| P/B | 2.88 | ||
| P/tB | 3.45 | ||
| EV/EBITDA | 7.24 |
EPS(TTM)0.18
EY5.26%
EPS(NY)0.39
Fwd EY11.45%
FCF(TTM)-0.03
FCFYN/A
OCF(TTM)0.38
OCFY11.04%
SpS4.69
BVpS1.19
TBVpS0.99
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.33% | ||
| ROE | 1.07% | ||
| ROCE | 12% | ||
| ROIC | 8.91% | ||
| ROICexc | 10.2% | ||
| ROICexgc | 11.06% | ||
| OM | 7.41% | ||
| PM (TTM) | 0.27% | ||
| GM | 22.87% | ||
| FCFM | N/A |
ROA(3y)11.04%
ROA(5y)3.41%
ROE(3y)42.76%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y38.76%
ROICexc growth 3YN/A
ROICexc growth 5Y38.68%
OM growth 3YN/A
OM growth 5Y16.51%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.91%
GM growth 5Y8.13%
F-Score4
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.22 | ||
| Cap/Depr | 153.48% | ||
| Cap/Sales | 8.69% | ||
| Interest Coverage | 2.15 | ||
| Cash Conversion | 61.59% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.33 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 1.95 |
F-Score4
WACC9.14%
ROIC/WACC0.97
Cap/Depr(3y)98.14%
Cap/Depr(5y)81.26%
Cap/Sales(3y)6.21%
Cap/Sales(5y)9.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-28%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-57.14%
EPS Next Y-38.16%
EPS Next 2Y22.74%
EPS Next 3Y41.76%
EPS Next 5Y49.77%
Revenue 1Y (TTM)-0.46%
Revenue growth 3Y18.36%
Revenue growth 5Y-8.91%
Sales Q2Q%-6.45%
Revenue Next Year-2.6%
Revenue Next 2Y5.03%
Revenue Next 3Y9.12%
Revenue Next 5Y10.93%
EBIT growth 1Y-0.24%
EBIT growth 3YN/A
EBIT growth 5Y6.12%
EBIT Next Year61.94%
EBIT Next 3Y45.52%
EBIT Next 5Y45.24%
FCF growth 1Y78.58%
FCF growth 3Y-12.3%
FCF growth 5YN/A
OCF growth 1Y146.57%
OCF growth 3Y-3%
OCF growth 5Y8.55%