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TTM TECHNOLOGIES (TTMI) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:TTMI - US87305R1095 - Common Stock

101.01 USD
+0.11 (+0.11%)
Last: 1/16/2026, 8:00:01 PM
101.755 USD
+0.74 (+0.74%)
After Hours: 1/16/2026, 8:00:01 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to TTMI. TTMI was compared to 126 industry peers in the Electronic Equipment, Instruments & Components industry. While TTMI has a great profitability rating, there are some minor concerns on its financial health. TTMI is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

7

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.
  • Of the past 5 years TTMI 4 years were profitable.
  • TTMI had a positive operating cash flow in each of the past 5 years.
TTMI Yearly Net Income VS EBIT VS OCF VS FCFTTMI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 3.55%, TTMI is in the better half of the industry, outperforming 64.80% of the companies in the same industry.
  • The Return On Equity of TTMI (7.75%) is better than 68.00% of its industry peers.
  • The Return On Invested Capital of TTMI (6.54%) is better than 69.60% of its industry peers.
  • TTMI had an Average Return On Invested Capital over the past 3 years of 4.37%. This is below the industry average of 8.82%.
  • The 3 year average ROIC (4.37%) for TTMI is below the current ROIC(6.54%), indicating increased profibility in the last year.
Industry RankSector 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%
TTMI Yearly ROA, ROE, ROICTTMI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10

1.3 Margins

  • With a decent Profit Margin value of 4.74%, TTMI is doing good in the industry, outperforming 67.20% of the companies in the same industry.
  • TTMI's Profit Margin has improved in the last couple of years.
  • TTMI has a better Operating Margin (8.37%) than 74.40% of its industry peers.
  • TTMI's Operating Margin has improved in the last couple of years.
  • TTMI's Gross Margin of 20.21% is on the low side compared to the rest of the industry. TTMI is outperformed by 65.60% of its industry peers.
  • In the last couple of years the Gross Margin of TTMI has grown nicely.
Industry RankSector 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%
TTMI Yearly Profit, Operating, Gross MarginsTTMI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

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4

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.
  • Compared to 5 years ago, TTMI has less shares outstanding
  • The debt/assets ratio for TTMI has been reduced compared to a year ago.
TTMI Yearly Shares OutstandingTTMI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
TTMI Yearly Total Debt VS Total AssetsTTMI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • TTMI has an Altman-Z score of 4.69. This indicates that TTMI is financially healthy and has little risk of bankruptcy at the moment.
  • TTMI has a better Altman-Z score (4.69) than 66.40% of its industry peers.
  • The Debt to FCF ratio of TTMI is 26.05, which is on the high side as it means it would take TTMI, 26.05 years of fcf income to pay off all of its debts.
  • TTMI has a Debt to FCF ratio of 26.05. This is comparable to the rest of the industry: TTMI outperforms 52.00% of its industry peers.
  • TTMI has a Debt/Equity ratio of 0.55. This is a neutral value indicating TTMI is somewhat dependend on debt financing.
  • TTMI has a Debt to Equity ratio of 0.55. This is in the lower half of the industry: TTMI underperforms 73.60% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.55
Debt/FCF 26.05
Altman-Z 4.69
ROIC/WACC0.7
WACC9.38%
TTMI Yearly LT Debt VS Equity VS FCFTTMI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 1.94 indicates that TTMI should not have too much problems paying its short term obligations.
  • TTMI's Current ratio of 1.94 is on the low side compared to the rest of the industry. TTMI is outperformed by 61.60% 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 50.40% of its industry peers.
Industry RankSector Rank
Current Ratio 1.94
Quick Ratio 1.66
TTMI Yearly Current Assets VS Current LiabilitesTTMI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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7

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 54.61% over the past year.
  • TTMI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.89% yearly.
  • The Revenue has grown by 17.88% in the past year. This is quite good.
  • Measured over the past years, TTMI shows a small growth in Revenue. The Revenue has been growing by 2.75% on average per year.
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 25.54% yearly.
  • The Revenue is expected to grow by 11.93% on average over the next years. This is quite good.
EPS Next Y45.41%
EPS Next 2Y30.63%
EPS Next 3Y25.54%
EPS Next 5YN/A
Revenue Next Year19.15%
Revenue Next 2Y14.11%
Revenue Next 3Y11.93%
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.
TTMI Yearly Revenue VS EstimatesTTMI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B
TTMI Yearly EPS VS EstimatesTTMI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

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3

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 42.98, which means the current valuation is very expensive for TTMI.
  • TTMI's Price/Earnings ratio is in line with the industry average.
  • TTMI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.47.
  • A Price/Forward Earnings ratio of 34.62 indicates a quite expensive valuation of TTMI.
  • TTMI's Price/Forward Earnings is on the same level as the industry average.
  • TTMI's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.26.
Industry RankSector Rank
PE 42.98
Fwd PE 34.62
TTMI Price Earnings VS Forward Price EarningsTTMI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TTMI is on the same level as its industry peers.
  • TTMI's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 291.55
EV/EBITDA 28.73
TTMI Per share dataTTMI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

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.
  • TTMI has a very decent profitability rating, which may justify a higher PE ratio.
  • TTMI's earnings are expected to grow with 25.54% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.95
PEG (5Y)5.45
EPS Next 2Y30.63%
EPS Next 3Y25.54%

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0

5. Dividend

5.1 Amount

  • TTMI does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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TTM TECHNOLOGIES

NASDAQ:TTMI (1/16/2026, 8:00:01 PM)

After market: 101.755 +0.74 (+0.74%)

101.01

+0.11 (+0.11%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)10-29
Earnings (Next)02-03
Inst Owners101.82%
Inst Owner Change-0.04%
Ins Owners1.14%
Ins Owner Change-0.45%
Market Cap10.44B
Revenue(TTM)2.78B
Net Income(TTM)131.93M
Analysts84
Price Target82.37 (-18.45%)
Short Float %5.63%
Short Ratio2.62
Dividend
Industry RankSector 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)8.88%
Min EPS beat(2)8.83%
Max EPS beat(2)8.93%
EPS beat(4)4
Avg EPS beat(4)16.59%
Min EPS beat(4)8.83%
Max EPS beat(4)24.34%
EPS beat(8)7
Avg EPS beat(8)12.49%
EPS beat(12)10
Avg EPS beat(12)17.53%
EPS beat(16)14
Avg EPS beat(16)19.18%
Revenue beat(2)2
Avg Revenue beat(2)5.4%
Min Revenue beat(2)3.65%
Max Revenue beat(2)7.15%
Revenue beat(4)4
Avg Revenue beat(4)3.6%
Min Revenue beat(4)1.27%
Max Revenue beat(4)7.15%
Revenue beat(8)7
Avg Revenue beat(8)1.95%
Revenue beat(12)7
Avg Revenue beat(12)-0.22%
Revenue beat(16)10
Avg Revenue beat(16)0.31%
PT rev (1m)4.19%
PT rev (3m)36.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.27%
EPS NY rev (1m)0%
EPS NY rev (3m)5.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.37%
Valuation
Industry RankSector Rank
PE 42.98
Fwd PE 34.62
P/S 3.75
P/FCF 291.55
P/OCF 33.13
P/B 6.13
P/tB 12.04
EV/EBITDA 28.73
EPS(TTM)2.35
EY2.33%
EPS(NY)2.92
Fwd EY2.89%
FCF(TTM)0.35
FCFY0.34%
OCF(TTM)3.05
OCFY3.02%
SpS26.93
BVpS16.47
TBVpS8.39
PEG (NY)0.95
PEG (5Y)5.45
Graham Number29.51
Profitability
Industry RankSector Rank
ROA 3.55%
ROE 7.75%
ROCE 8.28%
ROIC 6.54%
ROICexc 7.92%
ROICexgc 12.36%
OM 8.37%
PM (TTM) 4.74%
GM 20.21%
FCFM 1.29%
ROA(3y)1.3%
ROA(5y)2.37%
ROE(3y)2.84%
ROE(5y)4.91%
ROIC(3y)4.37%
ROIC(5y)4.21%
ROICexc(3y)5.28%
ROICexc(5y)5.17%
ROICexgc(3y)9.47%
ROICexgc(5y)9.43%
ROCE(3y)5.53%
ROCE(5y)5.33%
ROICexgc growth 3Y-0.17%
ROICexgc growth 5Y3.47%
ROICexc growth 3Y3.11%
ROICexc growth 5Y7.34%
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%
F-Score8
Asset Turnover0.75
Health
Industry RankSector Rank
Debt/Equity 0.55
Debt/FCF 26.05
Debt/EBITDA 2.45
Cap/Depr 191.79%
Cap/Sales 10.03%
Interest Coverage 5.05
Cash Conversion 83.2%
Profit Quality 27.14%
Current Ratio 1.94
Quick Ratio 1.66
Altman-Z 4.69
F-Score8
WACC9.38%
ROIC/WACC0.7
Cap/Depr(3y)100.09%
Cap/Depr(5y)85.37%
Cap/Sales(3y)6.3%
Cap/Sales(5y)5.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)54.61%
EPS 3Y10.42%
EPS 5Y7.89%
EPS Q2Q%63.41%
EPS Next Y45.41%
EPS Next 2Y30.63%
EPS Next 3Y25.54%
EPS Next 5YN/A
Revenue 1Y (TTM)17.88%
Revenue growth 3Y2.8%
Revenue growth 5Y2.75%
Sales Q2Q%22.09%
Revenue Next Year19.15%
Revenue Next 2Y14.11%
Revenue Next 3Y11.93%
Revenue Next 5YN/A
EBIT growth 1Y52.06%
EBIT growth 3Y7.05%
EBIT growth 5Y6.81%
EBIT Next Year91.39%
EBIT Next 3Y30.96%
EBIT Next 5YN/A
FCF growth 1Y-53.2%
FCF growth 3Y-18.53%
FCF growth 5Y-21.29%
OCF growth 1Y44.9%
OCF growth 3Y10.29%
OCF growth 5Y-5.35%

TTM TECHNOLOGIES / TTMI FAQ

Can you provide the ChartMill fundamental rating for TTM TECHNOLOGIES?

ChartMill assigns a fundamental rating of 5 / 10 to TTMI.


Can you provide the valuation status for TTM TECHNOLOGIES?

ChartMill assigns a valuation rating of 3 / 10 to TTM TECHNOLOGIES (TTMI). This can be considered as Overvalued.


How profitable is TTM TECHNOLOGIES (TTMI) stock?

TTM TECHNOLOGIES (TTMI) has a profitability rating of 7 / 10.


What is the financial health of TTM TECHNOLOGIES (TTMI) stock?

The financial health rating of TTM TECHNOLOGIES (TTMI) is 4 / 10.


What is the expected EPS growth for TTM TECHNOLOGIES (TTMI) stock?

The Earnings per Share (EPS) of TTM TECHNOLOGIES (TTMI) is expected to grow by 45.41% in the next year.