66.86 USD
-3.32 (-4.73%)
66.5 USD
-0.36 (-0.54%)
TTMI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While TTMI belongs to the best of the industry regarding profitability, 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
TTMI had positive earnings in the past year.
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
Looking at the Return On Assets, with a value of 3.55%, TTMI is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
TTMI has a Return On Equity of 7.75%. This is in the better half of the industry: TTMI outperforms 67.74% of its industry peers.
TTMI has a Return On Invested Capital of 6.54%. This is in the better half of the industry: TTMI outperforms 69.35% 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 9.00%.
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
TTMI's Profit Margin of 4.74% is fine compared to the rest of the industry. TTMI outperforms 66.94% of its industry peers.
In the last couple of years the Profit Margin of TTMI has grown nicely.
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.
In the last couple of years the Operating Margin of TTMI has grown nicely.
The Gross Margin of TTMI (20.21%) is worse than 66.13% 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
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.
Compared to 1 year ago, TTMI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.75 indicates that TTMI is not in any danger for bankruptcy at the moment.
TTMI has a Altman-Z score of 3.75. This is comparable to the rest of the industry: TTMI outperforms 55.65% 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.
With a Debt to FCF ratio value of 26.05, TTMI perfoms like the industry average, outperforming 51.61% of the companies in the same industry.
A Debt/Equity ratio of 0.55 indicates that TTMI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.55, TTMI is doing worse than 73.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 26.05 | ||
| Altman-Z | 3.75 |
ROIC/WACC0.71
WACC9.25%
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.
Looking at the Current ratio, with a value of 1.94, TTMI is doing worse than 62.90% of the companies in the same industry.
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 (1.66) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.94 | ||
| Quick Ratio | 1.66 |
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.
TTMI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.89% yearly.
TTMI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.88%.
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
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
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 28.45, TTMI can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of TTMI indicates a somewhat cheap valuation: TTMI is cheaper than 63.71% of the companies listed in the same industry.
TTMI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.00.
A Price/Forward Earnings ratio of 22.91 indicates a rather expensive valuation of TTMI.
TTMI's Price/Forward 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/Forward Earnings ratio of TTMI to the average of the S&P500 Index (23.70), we can say TTMI is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.45 | ||
| Fwd PE | 22.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TTMI is valued a bit cheaper than the industry average as 61.29% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as TTMI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 192.98 | ||
| EV/EBITDA | 20.32 |
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.
The decent profitability rating of TTMI may justify a higher PE ratio.
A more expensive valuation may be justified as TTMI's earnings are expected to grow with 25.54% in the coming years.
PEG (NY)0.63
PEG (5Y)3.61
EPS Next 2Y30.63%
EPS Next 3Y25.54%
5. Dividend
5.1 Amount
No dividends for TTMI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
66.86
-3.32 (-4.73%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners101.82%
Inst Owner Change0%
Ins Owners1.14%
Ins Owner Change-0.24%
Market Cap6.91B
Revenue(TTM)2.78B
Net Income(TTM)131.93M
Analysts84
Price Target82.37 (23.2%)
Short Float %5.63%
Short Ratio2.62
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)6.25%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.45 | ||
| Fwd PE | 22.91 | ||
| P/S | 2.48 | ||
| P/FCF | 192.98 | ||
| P/OCF | 21.93 | ||
| P/B | 4.06 | ||
| P/tB | 7.97 | ||
| EV/EBITDA | 20.32 |
EPS(TTM)2.35
EY3.51%
EPS(NY)2.92
Fwd EY4.36%
FCF(TTM)0.35
FCFY0.52%
OCF(TTM)3.05
OCFY4.56%
SpS26.93
BVpS16.47
TBVpS8.39
PEG (NY)0.63
PEG (5Y)3.61
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
WACC9.25%
ROIC/WACC0.71
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 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 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.