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Reasonable growth and debt and a high ROIC for TETRA TECH INC (NASDAQ:TTEK).

By Mill Chart

Last update: Sep 19, 2023

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if TETRA TECH INC (NASDAQ:TTEK) is suited for quality investing. Investors should of couse do their own research, but we spotted TETRA TECH INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

What matters for quality investors.

  • The 5-year revenue growth of TETRA TECH INC has been remarkable, with 6.87% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
  • With a robust ROIC excluding cash and goodwill at 63.8%, TETRA TECH INC showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
  • With a favorable Debt/Free Cash Flow Ratio of 3.21, TETRA TECH INC showcases its sound financial discipline and cash flow management. This ratio indicates the company's ability to service its debt obligations while maintaining sufficient free cash flow for future investments or operational needs.
  • The Profit Quality (5-year) of TETRA TECH INC stands at 129.0%, highlighting its ability to consistently generate reliable profits. This metric underscores the company's strong business fundamentals and reinforces its position as a financially stable entity.
  • With a robust 5-year EBIT growth of 13.18%, TETRA TECH INC showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
  • TETRA TECH INC demonstrates a remarkable trend where its EBIT 5-year growth exceeds its Revenue 5-year growth. This indicates the company's ability to enhance its profitability through improved cost control and operational efficiency.

Fundamental Analysis Observations

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

TTEK gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 79 industry peers in the Commercial Services & Supplies industry. TTEK scores excellent points on both the profitability and health parts. This is a solid base for a good stock. While showing a medium growth rate, TTEK is valued expensive at the moment. These ratings would make TTEK suitable for quality investing!

For an up to date full fundamental analysis you can check the fundamental report of TTEK

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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TETRA TECH INC

NASDAQ:TTEK (9/20/2023, 7:05:09 PM)

After market: 158.398 +1.23 (+0.78%)

157.17

-1.01 (-0.64%)

TTEK News

News Image2 days ago - ChartmillReasonable growth and debt and a high ROIC for TETRA TECH INC (NASDAQ:TTEK).

Should you consider TETRA TECH INC (NASDAQ:TTEK) for quality investing?

News Image10 days ago - Market News VideoOversold Conditions For Tetra Tech (TTEK)
News Image24 days ago - Market News VideoTetra Tech Moves Up In Market Cap Rank, Passing Fox
News Image24 days ago - Seeking AlphaTetra Tech rated Outperform in new coverage at RBC Capital (NASDAQ:TTEK)

Tetra Tech (TTEK) on Monday was rated Outperform in new research coverage by analysts at financial-services firm RBC Capital Markets

News Imagea month ago - Market News VideoNoteworthy Tuesday Option Activity: ZION, TTEK, XOM
News Imagea month ago - Seeking AlphaTetra Tech wins A$22M offshore wind marine baseline survey contract in Australia

Consulting and engineering services provider Tetra Tech (TTEK) Tuesday said was awarded a A$22 million, three year long contract from offshore wind farms operator Flotation...

News Imagea month ago - Tetra Tech, Inc.Tetra Tech Wins $22 Million (AUD) Flotation Energy Offshore Wind Marine Baseline Survey Project
News Imagea month ago - Seeking AlphaTetra Tech prices $500M senior notes (NASDAQ:TTEK)

Tetra Tech (TTEK) priced a $500M aggregate principal amount of 2.25% convertible senior notes due 2028 in a private placement.Initial purchasers of the notes have the option to...

News Imagea month ago - Tetra Tech, Inc.Tetra Tech Announces Pricing of $500 Million Offering of Convertible Senior Notes
News Imagea month ago - Seeking AlphaTetra Tech announces private placement (NASDAQ:TTEK)

Tetra Tech Inc (TTEK) Thursday said it intends to offer $500.0 million aggregate principal amount of convertible senior notes due 2028 in a private placement.Tetra Tech also intends...

News Imagea month ago - Tetra Tech, Inc.Tetra Tech Announces Proposed Private Placement of $500 Million of Convertible Senior Notes
News Imagea month ago - Seeking AlphaTetra Tech beats Q2 top and bottom line estimates, increases 2023 guidance (NASDAQ:TTEK)

Tetra Tech press release (TTEK): Q3 Non-GAAP EPS of $1.29 beats by $0.11.Revenue of $1.21B (+35.9% Y/Y) beats by $250.61M.Record EBITDA $119 million, up 33% Y/YRecord Backlog...

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