69 USD
-1.42 (-2.02%)
70 USD
+1 (+1.45%)
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. While TTMI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. TTMI is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
TTMI had positive earnings in the past year.
TTMI had a positive operating cash flow in the past year.
TTMI had positive earnings in 4 of the past 5 years.
TTMI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 3.55%, TTMI is doing good in the industry, outperforming 64.52% of the companies in the same industry.
With a decent Return On Equity value of 7.75%, TTMI is doing good in the industry, outperforming 67.74% of the companies in the same industry.
The Return On Invested Capital of TTMI (6.54%) is better than 69.35% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TTMI is below the industry average of 9.30%.
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 has a Profit Margin of 4.74%. This is in the better half of the industry: TTMI outperforms 66.94% of its industry peers.
TTMI's Profit Margin has improved in the last couple of years.
The Operating Margin of TTMI (8.37%) is better than 74.19% of its industry peers.
In the last couple of years the Operating Margin of TTMI has grown nicely.
TTMI's Gross Margin of 20.21% is on the low side compared to the rest of the industry. TTMI is outperformed by 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
TTMI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
TTMI has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for TTMI has been reduced compared to 5 years ago.
Compared to 1 year ago, TTMI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.71 indicates that TTMI is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.71, TTMI is in line with its industry, outperforming 58.06% of the companies in the same industry.
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.
TTMI has a Debt to FCF ratio of 26.05. This is comparable to the rest of the industry: TTMI outperforms 51.61% of its industry peers.
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 | 3.71 |
ROIC/WACC0.73
WACC8.95%
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 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 (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
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.
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
The Earnings Per Share is expected to grow by 25.54% on average over the next years. This is a very strong growth
TTMI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.93% yearly.
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 29.36, 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 63.71% of the companies in the same industry.
When comparing the Price/Earnings ratio of TTMI to the average of the S&P500 Index (26.51), we can say TTMI is valued inline with the index average.
A Price/Forward Earnings ratio of 23.65 indicates a rather expensive valuation of TTMI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TTMI indicates a somewhat cheap valuation: TTMI is cheaper than 62.10% of the companies listed in the same industry.
TTMI's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.36 | ||
| Fwd PE | 23.65 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as TTMI.
TTMI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 199.16 | ||
| EV/EBITDA | 20 |
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)0.65
PEG (5Y)3.72
EPS Next 2Y30.63%
EPS Next 3Y25.54%
5. Dividend
5.1 Amount
TTMI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
69
-1.42 (-2.02%)
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-0.24%
Market Cap7.13B
Revenue(TTM)2.78B
Net Income(TTM)131.93M
Analysts84
Price Target82.37 (19.38%)
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)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 | 29.36 | ||
| Fwd PE | 23.65 | ||
| P/S | 2.56 | ||
| P/FCF | 199.16 | ||
| P/OCF | 22.63 | ||
| P/B | 4.19 | ||
| P/tB | 8.22 | ||
| EV/EBITDA | 20 |
EPS(TTM)2.35
EY3.41%
EPS(NY)2.92
Fwd EY4.23%
FCF(TTM)0.35
FCFY0.5%
OCF(TTM)3.05
OCFY4.42%
SpS26.93
BVpS16.47
TBVpS8.39
PEG (NY)0.65
PEG (5Y)3.72
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 | 3.71 |
F-Score8
WACC8.95%
ROIC/WACC0.73
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.