13.43 USD
-0.28 (-2.04%)
13.4 USD
-0.03 (-0.22%)
Taking everything into account, TBCH scores 5 out of 10 in our fundamental rating. TBCH was compared to 35 industry peers in the Technology Hardware, Storage & Peripherals industry. There are concerns on the financial health of TBCH while its profitability can be described as average. TBCH is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
TBCH had positive earnings in the past year.
In the past year TBCH had a positive cash flow from operations.
In multiple years TBCH reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: TBCH reported negative operating cash flow in multiple years.
1.2 Ratios
With an excellent Return On Assets value of 6.56%, TBCH belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
TBCH's Return On Equity of 16.50% is amongst the best of the industry. TBCH outperforms 88.57% of its industry peers.
TBCH's Return On Invested Capital of 8.96% is fine compared to the rest of the industry. TBCH outperforms 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.56% | ||
| ROE | 16.5% | ||
| ROIC | 8.96% |
ROA(3y)-14.26%
ROA(5y)-3.22%
ROE(3y)-24.76%
ROE(5y)-5.71%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 5.26%, TBCH belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
In the last couple of years the Profit Margin of TBCH has declined.
TBCH's Operating Margin of 6.54% is fine compared to the rest of the industry. TBCH outperforms 71.43% of its industry peers.
TBCH's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 36.20%, TBCH is doing good in the industry, outperforming 65.71% of the companies in the same industry.
In the last couple of years the Gross Margin of TBCH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.54% | ||
| PM (TTM) | 5.26% | ||
| GM | 36.2% |
OM growth 3Y14.14%
OM growth 5Y13.32%
PM growth 3Y-3.5%
PM growth 5Y-10.66%
GM growth 3Y-0.42%
GM growth 5Y0.63%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TBCH is destroying value.
TBCH has more shares outstanding than it did 1 year ago.
The number of shares outstanding for TBCH has been increased compared to 5 years ago.
Compared to 1 year ago, TBCH has a worse debt to assets ratio.
2.2 Solvency
TBCH has an Altman-Z score of 2.15. This is not the best score and indicates that TBCH is in the grey zone with still only limited risk for bankruptcy at the moment.
TBCH has a Altman-Z score (2.15) which is comparable to the rest of the industry.
The Debt to FCF ratio of TBCH is 2.68, which is a good value as it means it would take TBCH, 2.68 years of fcf income to pay off all of its debts.
TBCH has a Debt to FCF ratio of 2.68. This is in the better half of the industry: TBCH outperforms 74.29% of its industry peers.
A Debt/Equity ratio of 0.74 indicates that TBCH is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.74, TBCH perfoms like the industry average, outperforming 48.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 2.68 | ||
| Altman-Z | 2.15 |
ROIC/WACC0.97
WACC9.26%
2.3 Liquidity
A Current Ratio of 1.60 indicates that TBCH should not have too much problems paying its short term obligations.
TBCH has a Current ratio (1.60) which is comparable to the rest of the industry.
A Quick Ratio of 0.75 indicates that TBCH may have some problems paying its short term obligations.
TBCH has a Quick ratio (0.75) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.6 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
TBCH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 115.71%, which is quite impressive.
TBCH shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.11% yearly.
TBCH shows a small growth in Revenue. In the last year, the Revenue has grown by 6.43%.
The Revenue has been growing by 9.69% on average over the past years. This is quite good.
EPS 1Y (TTM)115.71%
EPS 3Y-11.84%
EPS 5Y6.11%
EPS Q2Q%-50%
Revenue 1Y (TTM)6.43%
Revenue growth 3Y0.58%
Revenue growth 5Y9.69%
Sales Q2Q%-14.74%
3.2 Future
The Earnings Per Share is expected to grow by 19.29% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.37% on average over the next years.
EPS Next Y43.27%
EPS Next 2Y26.91%
EPS Next 3Y19.29%
EPS Next 5YN/A
Revenue Next Year-8.26%
Revenue Next 2Y-0.15%
Revenue Next 3Y2.37%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
TBCH is valuated rather expensively with a Price/Earnings ratio of 17.91.
TBCH's Price/Earnings ratio is a bit cheaper when compared to the industry. TBCH is cheaper than 77.14% of the companies in the same industry.
TBCH is valuated rather cheaply when we compare the Price/Earnings ratio to 27.17, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.27, which indicates a very decent valuation of TBCH.
Based on the Price/Forward Earnings ratio, TBCH is valued a bit cheaper than the industry average as 77.14% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.79. TBCH is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.91 | ||
| Fwd PE | 11.27 |
4.2 Price Multiples
TBCH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TBCH is cheaper than 91.43% of the companies in the same industry.
TBCH's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TBCH is cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.69 | ||
| EV/EBITDA | 8.77 |
4.3 Compensation for Growth
TBCH'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 TBCH may justify a higher PE ratio.
A more expensive valuation may be justified as TBCH's earnings are expected to grow with 19.29% in the coming years.
PEG (NY)0.41
PEG (5Y)2.93
EPS Next 2Y26.91%
EPS Next 3Y19.29%
5. Dividend
5.1 Amount
TBCH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
13.43
-0.28 (-2.04%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners67.75%
Inst Owner ChangeN/A
Ins Owners10.92%
Ins Owner Change-30.99%
Market Cap259.33M
Revenue(TTM)347.21M
Net Income(TTM)18.26M
Analysts81.67
Price Target19.38 (44.3%)
Short Float %20.88%
Short Ratio12.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)16.9%
Min EPS beat(2)-24.1%
Max EPS beat(2)57.9%
EPS beat(4)2
Avg EPS beat(4)4.8%
Min EPS beat(4)-24.1%
Max EPS beat(4)57.9%
EPS beat(8)5
Avg EPS beat(8)11.09%
EPS beat(12)7
Avg EPS beat(12)11.05%
EPS beat(16)8
Avg EPS beat(16)2.74%
Revenue beat(2)0
Avg Revenue beat(2)-1.2%
Min Revenue beat(2)-1.21%
Max Revenue beat(2)-1.19%
Revenue beat(4)1
Avg Revenue beat(4)-1.81%
Min Revenue beat(4)-6.18%
Max Revenue beat(4)1.36%
Revenue beat(8)4
Avg Revenue beat(8)-0.62%
Revenue beat(12)6
Avg Revenue beat(12)-0.36%
Revenue beat(16)7
Avg Revenue beat(16)-1.52%
PT rev (1m)0%
PT rev (3m)3.83%
EPS NQ rev (1m)2.16%
EPS NQ rev (3m)9.59%
EPS NY rev (1m)-0.57%
EPS NY rev (3m)7.38%
Revenue NQ rev (1m)-0.28%
Revenue NQ rev (3m)-1.63%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.91 | ||
| Fwd PE | 11.27 | ||
| P/S | 0.75 | ||
| P/FCF | 7.69 | ||
| P/OCF | 7.12 | ||
| P/B | 2.34 | ||
| P/tB | 10.86 | ||
| EV/EBITDA | 8.77 |
EPS(TTM)0.75
EY5.58%
EPS(NY)1.19
Fwd EY8.87%
FCF(TTM)1.75
FCFY13.01%
OCF(TTM)1.89
OCFY14.05%
SpS17.98
BVpS5.73
TBVpS1.24
PEG (NY)0.41
PEG (5Y)2.93
Graham Number9.83
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.56% | ||
| ROE | 16.5% | ||
| ROCE | 13.62% | ||
| ROIC | 8.96% | ||
| ROICexc | 9.55% | ||
| ROICexgc | 17.74% | ||
| OM | 6.54% | ||
| PM (TTM) | 5.26% | ||
| GM | 36.2% | ||
| FCFM | 9.72% |
ROA(3y)-14.26%
ROA(5y)-3.22%
ROE(3y)-24.76%
ROE(5y)-5.71%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y8.48%
ROICexgc growth 5Y8.82%
ROICexc growth 3Y-6.43%
ROICexc growth 5Y0.82%
OM growth 3Y14.14%
OM growth 5Y13.32%
PM growth 3Y-3.5%
PM growth 5Y-10.66%
GM growth 3Y-0.42%
GM growth 5Y0.63%
F-Score8
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 2.68 | ||
| Debt/EBITDA | 2.32 | ||
| Cap/Depr | 21.36% | ||
| Cap/Sales | 0.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 103.22% | ||
| Profit Quality | 184.79% | ||
| Current Ratio | 1.6 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 2.15 |
F-Score8
WACC9.26%
ROIC/WACC0.97
Cap/Depr(3y)49.58%
Cap/Depr(5y)72.48%
Cap/Sales(3y)1.21%
Cap/Sales(5y)1.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)115.71%
EPS 3Y-11.84%
EPS 5Y6.11%
EPS Q2Q%-50%
EPS Next Y43.27%
EPS Next 2Y26.91%
EPS Next 3Y19.29%
EPS Next 5YN/A
Revenue 1Y (TTM)6.43%
Revenue growth 3Y0.58%
Revenue growth 5Y9.69%
Sales Q2Q%-14.74%
Revenue Next Year-8.26%
Revenue Next 2Y-0.15%
Revenue Next 3Y2.37%
Revenue Next 5YN/A
EBIT growth 1Y53.68%
EBIT growth 3Y14.8%
EBIT growth 5Y24.3%
EBIT Next Year81.96%
EBIT Next 3Y32.33%
EBIT Next 5YN/A
FCF growth 1Y5.32%
FCF growth 3YN/A
FCF growth 5Y-53.13%
OCF growth 1Y2.32%
OCF growth 3YN/A
OCF growth 5Y-31.91%
TURTLE BEACH CORP / TBCH FAQ
What is the fundamental rating for TBCH stock?
ChartMill assigns a fundamental rating of 5 / 10 to TBCH.
Can you provide the valuation status for TURTLE BEACH CORP?
ChartMill assigns a valuation rating of 7 / 10 to TURTLE BEACH CORP (TBCH). This can be considered as Undervalued.
What is the profitability of TBCH stock?
TURTLE BEACH CORP (TBCH) has a profitability rating of 6 / 10.
What is the expected EPS growth for TURTLE BEACH CORP (TBCH) stock?
The Earnings per Share (EPS) of TURTLE BEACH CORP (TBCH) is expected to grow by 43.27% in the next year.
How sustainable is the dividend of TURTLE BEACH CORP (TBCH) stock?
The dividend rating of TURTLE BEACH CORP (TBCH) is 0 / 10 and the dividend payout ratio is 0%.