70.18 USD
+1.89 (+2.77%)
70.59 USD
+0.41 (+0.58%)
Taking everything into account, TTMI scores 5 out of 10 in our fundamental rating. TTMI was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. TTMI has an excellent profitability rating, but there are some minor concerns on its financial health. TTMI is growing strongly while it is still valued neutral. This is a good combination!
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.
Of the past 5 years TTMI 4 years were profitable.
In the past 5 years TTMI always reported a positive cash flow from operatings.
1.2 Ratios
TTMI has a better Return On Assets (3.55%) than 64.00% of its industry peers.
Looking at the Return On Equity, with a value of 7.75%, TTMI is in the better half of the industry, outperforming 67.20% of the companies in the same industry.
TTMI has a better Return On Invested Capital (6.54%) than 68.00% 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 9.11%.
The last Return On Invested Capital (6.54%) for TTMI is above the 3 year average (4.37%), which is a sign of increasing profitability.
| 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 better Profit Margin (4.74%) than 64.80% of its industry peers.
TTMI's Profit Margin has improved in the last couple of years.
TTMI has a Operating Margin of 8.37%. This is in the better half of the industry: TTMI outperforms 73.60% 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 66.40% of the companies in the same industry.
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.
Compared to 1 year ago, TTMI has about the same amount of shares outstanding.
The number of shares outstanding for TTMI has been reduced compared to 5 years ago.
TTMI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.75 indicates that TTMI is not in any danger for bankruptcy at the moment.
TTMI's Altman-Z score of 3.75 is in line compared to the rest of the industry. TTMI outperforms 56.00% 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.
The Debt to FCF ratio of TTMI (26.05) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.55 indicates that TTMI is somewhat dependend on debt financing.
The Debt to Equity ratio of TTMI (0.55) is worse than 73.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 26.05 | ||
| Altman-Z | 3.75 |
ROIC/WACC0.72
WACC9.1%
2.3 Liquidity
A Current Ratio of 1.94 indicates that TTMI should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.94, TTMI is doing worse than 61.60% of the companies in the same industry.
A Quick Ratio of 1.66 indicates that TTMI should not have too much problems paying 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%.
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
Based on estimates for the next years, TTMI will show a very strong growth in Earnings Per Share. The EPS will grow by 21.88% on average per year.
Based on estimates for the next years, TTMI will show a quite strong growth in Revenue. The Revenue will grow by 10.55% on average per year.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 29.86 indicates a quite expensive valuation of TTMI.
Compared to the rest of the industry, the Price/Earnings ratio of TTMI indicates a somewhat cheap valuation: TTMI is cheaper than 62.40% of the companies listed in the same industry.
TTMI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 24.10 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 61.60% of the companies listed in the same industry.
TTMI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.86 | ||
| Fwd PE | 24.1 |
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 ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 202.56 | ||
| 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 21.88% in the coming years.
PEG (NY)0.66
PEG (5Y)3.79
EPS Next 2Y30.5%
EPS Next 3Y21.88%
5. Dividend
5.1 Amount
No dividends for TTMI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
70.18
+1.89 (+2.77%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners101.43%
Inst Owner Change4.14%
Ins Owners1.13%
Ins Owner Change-0.34%
Market Cap7.25B
Revenue(TTM)2.78B
Net Income(TTM)131.93M
Analysts84
Price Target77.52 (10.46%)
Short Float %3.8%
Short Ratio1.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)21.12%
PT rev (3m)33.92%
EPS NQ rev (1m)9.27%
EPS NQ rev (3m)9.27%
EPS NY rev (1m)5.66%
EPS NY rev (3m)5.66%
Revenue NQ rev (1m)3.44%
Revenue NQ rev (3m)3.44%
Revenue NY rev (1m)2.37%
Revenue NY rev (3m)2.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.86 | ||
| Fwd PE | 24.1 | ||
| P/S | 2.61 | ||
| P/FCF | 202.56 | ||
| P/OCF | 23.02 | ||
| P/B | 4.26 | ||
| P/tB | 8.36 | ||
| EV/EBITDA | 20.32 |
EPS(TTM)2.35
EY3.35%
EPS(NY)2.91
Fwd EY4.15%
FCF(TTM)0.35
FCFY0.49%
OCF(TTM)3.05
OCFY4.34%
SpS26.93
BVpS16.47
TBVpS8.39
PEG (NY)0.66
PEG (5Y)3.79
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
WACC9.1%
ROIC/WACC0.72
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 Year82.36%
EBIT Next 3Y26.82%
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 29.86 and the Price/Book (PB) ratio is 4.26.