Taking everything into account, TTMI scores 5 out of 10 in our fundamental rating. TTMI was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. TTMI scores excellent on profitability, but there are some minor concerns on its financial health. TTMI is valued quite expensively, but it does show have an excellent growth rating.

Quickly go to:

1. Profitability

2. Health

3. Growth

4. Valuation

5. Dividend

1. Profitability

1.1 Basic Checks

In the past year TTMI was profitable.
In the past year TTMI had a positive cash flow from operations.
TTMI had positive earnings in 4 of the past 5 years.
Each year in the past 5 years TTMI had a positive operating cash flow.

1.2 Ratios

With a decent Return On Assets value of 3.55%, TTMI is doing good in the industry, outperforming 65.04% of the companies in the same industry.
Looking at the Return On Equity, with a value of 7.75%, TTMI is in the better half of the industry, outperforming 67.48% of the companies in the same industry.
TTMI has a Return On Invested Capital of 6.54%. This is in the better half of the industry: TTMI outperforms 69.11% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TTMI is below the industry average of 8.87%.
The 3 year average ROIC (4.37%) for TTMI is below the current ROIC(6.54%), indicating increased profibility in the last year.

		Industry Rank	Sector Rank
ROA	3.55%
ROE	7.75%
ROIC	6.54%

ROA(3y)1.3%

ROA(5y)2.37%

ROE(3y)2.84%

ROE(5y)4.91%

ROIC(3y)4.37%

ROIC(5y)4.21%

1.3 Margins

The Profit Margin of TTMI (4.74%) is better than 67.48% of its industry peers.
TTMI's Profit Margin has improved in the last couple of years.
TTMI has a better Operating Margin (8.37%) than 74.80% of its industry peers.
TTMI's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 20.21%, TTMI is doing worse than 65.85% of the companies in the same industry.
TTMI's Gross Margin has improved in the last couple of years.

		Industry Rank	Sector Rank
OM	8.37%
PM (TTM)	4.74%
GM	20.21%

OM growth 3Y4.14%

OM growth 5Y3.95%

PM growth 3Y-1.6%

PM growth 5Y3.55%

GM growth 3Y5.71%

GM growth 5Y2.02%

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TTMI is destroying value.
TTMI has about the same amout of shares outstanding than it did 1 year ago.
TTMI has less shares outstanding than it did 5 years ago.
TTMI has a better debt/assets ratio than last year.

2.2 Solvency

An Altman-Z score of 4.51 indicates that TTMI is not in any danger for bankruptcy at the moment.
TTMI's Altman-Z score of 4.51 is fine compared to the rest of the industry. TTMI outperforms 64.23% of its industry peers.
TTMI has a debt to FCF ratio of 26.05. This is a negative value and a sign of low solvency as TTMI would need 26.05 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 26.05, TTMI is in line with its industry, outperforming 52.03% of the companies in the same industry.
TTMI has a Debt/Equity ratio of 0.55. This is a neutral value indicating TTMI is somewhat dependend on debt financing.
The Debt to Equity ratio of TTMI (0.55) is worse than 73.17% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	0.55
Debt/FCF	26.05
Altman-Z	4.51

ROIC/WACC0.44

WACC14.83%

2.3 Liquidity

A Current Ratio of 1.94 indicates that TTMI should not have too much problems paying its short term obligations.
TTMI has a Current ratio of 1.94. This is in the lower half of the industry: TTMI underperforms 61.79% of its industry peers.
A Quick Ratio of 1.66 indicates that TTMI should not have too much problems paying its short term obligations.
TTMI's Quick ratio of 1.66 is in line compared to the rest of the industry. TTMI outperforms 50.41% of its industry peers.

		Industry Rank	Sector Rank
Current Ratio	1.94
Quick Ratio	1.66

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

TTMI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 54.61%, which is quite impressive.
Measured over the past 5 years, TTMI shows a small growth in Earnings Per Share. The EPS has been growing by 7.89% on average per year.
Looking at the last year, TTMI shows a quite strong growth in Revenue. The Revenue has grown by 17.88% in the last year.
TTMI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.75% yearly.

EPS 1Y (TTM)54.61%

EPS 3Y10.42%

EPS 5Y7.89%

EPS Q2Q%63.41%

Revenue 1Y (TTM)17.88%

Revenue growth 3Y2.8%

Revenue growth 5Y2.75%

Sales Q2Q%22.09%

3.2 Future

TTMI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.29% yearly.
The Revenue is expected to grow by 15.68% on average over the next years. This is quite good.

EPS Next Y45.41%

EPS Next 2Y32.34%

EPS Next 3Y29.29%

EPS Next 5YN/A

Revenue Next Year19.15%

Revenue Next 2Y15.52%

Revenue Next 3Y15.68%

Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

TTMI is valuated quite expensively with a Price/Earnings ratio of 40.43.
The rest of the industry has a similar Price/Earnings ratio as TTMI.
TTMI is valuated rather expensively when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
TTMI is valuated quite expensively with a Price/Forward Earnings ratio of 31.73.
The rest of the industry has a similar Price/Forward Earnings ratio as TTMI.
TTMI's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.98.

		Industry Rank	Sector Rank
PE	40.43
Fwd PE	31.73

4.2 Price Multiples

TTMI's Enterprise Value to EBITDA is on the same level as the industry average.
TTMI's Price/Free Cash Flow is on the same level as the industry average.

		Industry Rank	Sector Rank
P/FCF	274.26
EV/EBITDA	27.1

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.
The decent profitability rating of TTMI may justify a higher PE ratio.
TTMI's earnings are expected to grow with 29.29% in the coming years. This may justify a more expensive valuation.