70.895 USD
+0.52 (+0.73%)
70.895 USD
0 (0%)
Overall TTMI gets a fundamental rating of 5 out of 10. We evaluated TTMI against 124 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 not overvalued while it is showing excellent growth. This is an interesting combination.
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.
1.2 Ratios
TTMI has a better Return On Assets (3.55%) than 62.90% of its industry peers.
The Return On Equity of TTMI (7.75%) is better than 66.94% of its industry peers.
TTMI has a better Return On Invested Capital (6.54%) than 67.74% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TTMI is below the industry average of 9.32%.
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
Looking at the Profit Margin, with a value of 4.74%, TTMI is in the better half of the industry, outperforming 65.32% of the companies in the same industry.
TTMI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 8.37%, TTMI is in the better half of the industry, outperforming 74.19% of the companies in the same industry.
TTMI's Operating Margin has improved in the last couple of years.
The Gross Margin of TTMI (20.21%) is worse than 66.94% of its industry peers.
In the last couple of years the Gross Margin of TTMI has grown nicely.
| 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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TTMI is destroying value.
The number of shares outstanding for TTMI remains at a similar level compared to 1 year ago.
TTMI has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, TTMI has an improved debt to assets ratio.
2.2 Solvency
TTMI has an Altman-Z score of 3.75. This indicates that TTMI is financially healthy and has little risk of bankruptcy at the moment.
TTMI has a Altman-Z score of 3.75. This is comparable to the rest of the industry: TTMI outperforms 58.06% 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.
Looking at the Debt to FCF ratio, with a value of 26.05, TTMI is in line with its industry, outperforming 50.81% 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.
TTMI's Debt to Equity ratio of 0.55 is on the low side compared to the rest of the industry. TTMI is outperformed by 73.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 26.05 | ||
| Altman-Z | 3.75 |
ROIC/WACC0.74
WACC8.79%
2.3 Liquidity
TTMI has a Current Ratio of 1.94. This is a normal value and indicates that TTMI is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of TTMI (1.94) is worse than 62.90% of its industry peers.
TTMI has a Quick Ratio of 1.66. This is a normal value and indicates that TTMI is financially healthy and should not expect problems in meeting its short term obligations.
TTMI has a Quick ratio of 1.66. This is comparable to the rest of the industry: TTMI outperforms 47.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 54.61% over the past year.
The Earnings Per Share has been growing slightly by 7.89% on average over the past years.
The Revenue has grown by 17.88% in the past year. This is quite good.
The Revenue has been growing slightly by 2.75% on average over the past years.
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
The Earnings Per Share is expected to grow by 21.88% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 10.55% on average over the next years. This is quite good.
EPS Next Y45.41%
EPS Next 2Y30.5%
EPS Next 3Y21.88%
EPS Next 5YN/A
Revenue Next Year19.15%
Revenue Next 2Y14.07%
Revenue Next 3Y10.55%
Revenue Next 5YN/A
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 30.17, TTMI can be considered very expensive at the moment.
TTMI's Price/Earnings ratio is a bit cheaper when compared to the industry. TTMI is cheaper than 62.90% of the companies in the same industry.
When comparing the Price/Earnings ratio of TTMI to the average of the S&P500 Index (26.61), we can say TTMI is valued inline with the index average.
A Price/Forward Earnings ratio of 24.34 indicates a rather expensive valuation of TTMI.
Based on the Price/Forward Earnings ratio, TTMI is valued a bit cheaper than the industry average as 62.10% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 24.01. TTMI is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.17 | ||
| Fwd PE | 24.34 |
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 | 204.63 | ||
| EV/EBITDA | 20.37 |
4.3 Compensation for Growth
TTMI's 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.
A more expensive valuation may be justified as TTMI's earnings are expected to grow with 21.88% in the coming years.
PEG (NY)0.66
PEG (5Y)3.83
EPS Next 2Y30.5%
EPS Next 3Y21.88%
5. Dividend
5.1 Amount
TTMI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
70.895
+0.52 (+0.73%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners102.08%
Inst Owner Change4.15%
Ins Owners1.14%
Ins Owner Change-0.92%
Market Cap7.33B
Revenue(TTM)2.78B
Net Income(TTM)131.93M
Analysts84
Price Target82.37 (16.19%)
Short Float %4.92%
Short Ratio2.21
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)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)28.69%
PT rev (3m)42.29%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.17 | ||
| Fwd PE | 24.34 | ||
| P/S | 2.63 | ||
| P/FCF | 204.63 | ||
| P/OCF | 23.26 | ||
| P/B | 4.31 | ||
| P/tB | 8.45 | ||
| EV/EBITDA | 20.37 |
EPS(TTM)2.35
EY3.31%
EPS(NY)2.91
Fwd EY4.11%
FCF(TTM)0.35
FCFY0.49%
OCF(TTM)3.05
OCFY4.3%
SpS26.93
BVpS16.47
TBVpS8.39
PEG (NY)0.66
PEG (5Y)3.83
Graham Number29.51
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 3.75 |
F-Score8
WACC8.79%
ROIC/WACC0.74
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 2Y30.5%
EPS Next 3Y21.88%
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 2Y14.07%
Revenue Next 3Y10.55%
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.
What is the valuation status of TTM TECHNOLOGIES (TTMI) stock?
ChartMill assigns a valuation rating of 5 / 10 to TTM TECHNOLOGIES (TTMI). This can be considered as Fairly Valued.
How profitable is TTM TECHNOLOGIES (TTMI) stock?
TTM TECHNOLOGIES (TTMI) has a profitability rating of 7 / 10.
What is the valuation of TTM TECHNOLOGIES based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TTM TECHNOLOGIES (TTMI) is 30.17 and the Price/Book (PB) ratio is 4.31.