TURTLE BEACH CORP (TBCH) Fundamental Analysis & Valuation
NASDAQ:TBCH • US9004502061
Current stock price
10.41 USD
+0.11 (+1.07%)
Last:
This TBCH fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. TBCH Profitability Analysis
1.1 Basic Checks
- In the past year TBCH was profitable.
- TBCH had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: TBCH reported negative net income in multiple 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
- TBCH has a Return On Assets of 5.85%. This is amongst the best in the industry. TBCH outperforms 81.08% of its industry peers.
- TBCH has a better Return On Equity (12.24%) than 81.08% of its industry peers.
- TBCH has a better Return On Invested Capital (7.32%) than 70.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.85% | ||
| ROE | 12.24% | ||
| ROIC | 7.32% |
ROA(3y)-0.18%
ROA(5y)-5.85%
ROE(3y)1.63%
ROE(5y)-9.91%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 4.92%, TBCH belongs to the top of the industry, outperforming 81.08% 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 6.11% is fine compared to the rest of the industry. TBCH outperforms 72.97% of its industry peers.
- In the last couple of years the Operating Margin of TBCH has declined.
- TBCH has a Gross Margin of 37.29%. This is in the better half of the industry: TBCH outperforms 70.27% of its industry peers.
- 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 | 6.11% | ||
| PM (TTM) | 4.92% | ||
| GM | 37.29% |
OM growth 3YN/A
OM growth 5Y-14.87%
PM growth 3YN/A
PM growth 5Y-14.48%
GM growth 3Y22.1%
GM growth 5Y0.07%
2. TBCH Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TBCH is destroying value.
- The number of shares outstanding for TBCH has been reduced compared to 1 year ago.
- Compared to 5 years ago, TBCH has more shares outstanding
- Compared to 1 year ago, TBCH has an improved debt to assets ratio.
2.2 Solvency
- TBCH has an Altman-Z score of 2.14. 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 (2.14) which is in line with its industry peers.
- The Debt to FCF ratio of TBCH is 2.48, which is a good value as it means it would take TBCH, 2.48 years of fcf income to pay off all of its debts.
- TBCH has a better Debt to FCF ratio (2.48) than 78.38% of its industry peers.
- TBCH has a Debt/Equity ratio of 0.59. This is a neutral value indicating TBCH is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.59, TBCH perfoms like the industry average, outperforming 48.65% of the companies in the same industry.
- Although TBCH's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 2.48 | ||
| Altman-Z | 2.14 |
ROIC/WACC0.9
WACC8.1%
2.3 Liquidity
- A Current Ratio of 1.98 indicates that TBCH should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.98, TBCH is in line with its industry, outperforming 59.46% of the companies in the same industry.
- TBCH has a Quick Ratio of 1.19. This is a normal value and indicates that TBCH is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.19, TBCH is in line with its industry, outperforming 54.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.19 |
3. TBCH Growth Analysis
3.1 Past
- TBCH shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.78%.
- Measured over the past years, TBCH shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -20.15% on average per year.
- The Revenue for TBCH has decreased by -14.18% in the past year. This is quite bad
- Measured over the past years, TBCH shows a decrease in Revenue. The Revenue has been decreasing by -2.34% on average per year.
EPS 1Y (TTM)-8.78%
EPS 3YN/A
EPS 5Y-20.15%
EPS Q2Q%-8.42%
Revenue 1Y (TTM)-14.18%
Revenue growth 3Y10.02%
Revenue growth 5Y-2.34%
Sales Q2Q%-18.69%
3.2 Future
- The Earnings Per Share is expected to grow by 36.42% on average over the next years. This is a very strong growth
- TBCH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.45% yearly.
EPS Next Y76.56%
EPS Next 2Y36.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.29%
Revenue Next 2Y4.79%
Revenue Next 3Y7.45%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. TBCH Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 15.31, the valuation of TBCH can be described as correct.
- Compared to the rest of the industry, the Price/Earnings ratio of TBCH indicates a somewhat cheap valuation: TBCH is cheaper than 78.38% of the companies listed in the same industry.
- TBCH's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.21.
- With a Price/Forward Earnings ratio of 8.73, the valuation of TBCH can be described as very reasonable.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TBCH indicates a somewhat cheap valuation: TBCH is cheaper than 78.38% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of TBCH to the average of the S&P500 Index (23.10), we can say TBCH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.31 | ||
| Fwd PE | 8.73 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TBCH indicates a rather cheap valuation: TBCH is cheaper than 89.19% of the companies listed in the same industry.
- 89.19% of the companies in the same industry are more expensive than TBCH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.99 | ||
| EV/EBITDA | 7.5 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- TBCH's earnings are expected to grow with 36.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y36.42%
EPS Next 3YN/A
5. TBCH Dividend Analysis
5.1 Amount
- No dividends for TBCH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TBCH Fundamentals: All Metrics, Ratios and Statistics
NASDAQ:TBCH (4/7/2026, 9:06:48 PM)
10.41
+0.11 (+1.07%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)03-12 2026-03-12/amc
Earnings (Next)05-06 2026-05-06
Inst Owners68.96%
Inst Owner ChangeN/A
Ins Owners11.01%
Ins Owner Change2.34%
Market Cap204.04M
Revenue(TTM)319.91M
Net Income(TTM)15.73M
Analysts81.67
Price Target16.66 (60.04%)
Short Float %19.36%
Short Ratio8.94
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)0
Avg EPS beat(2)-23.88%
Min EPS beat(2)-24.1%
Max EPS beat(2)-23.67%
EPS beat(4)2
Avg EPS beat(4)2.84%
Min EPS beat(4)-24.1%
Max EPS beat(4)57.9%
EPS beat(8)5
Avg EPS beat(8)9.24%
EPS beat(12)7
Avg EPS beat(12)13.45%
EPS beat(16)8
Avg EPS beat(16)3.15%
Revenue beat(2)0
Avg Revenue beat(2)-10.2%
Min Revenue beat(2)-19.2%
Max Revenue beat(2)-1.19%
Revenue beat(4)1
Avg Revenue beat(4)-5.06%
Min Revenue beat(4)-19.2%
Max Revenue beat(4)1.36%
Revenue beat(8)4
Avg Revenue beat(8)-1.45%
Revenue beat(12)6
Avg Revenue beat(12)-1.09%
Revenue beat(16)7
Avg Revenue beat(16)-2.66%
PT rev (1m)-14.04%
PT rev (3m)-14.04%
EPS NQ rev (1m)-206.55%
EPS NQ rev (3m)-206.55%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-27.78%
Revenue NQ rev (3m)-27.78%
Revenue NY rev (1m)-8.57%
Revenue NY rev (3m)-8.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.31 | ||
| Fwd PE | 8.73 | ||
| P/S | 0.64 | ||
| P/FCF | 5.99 | ||
| P/OCF | 5.75 | ||
| P/B | 1.59 | ||
| P/tB | 4.67 | ||
| EV/EBITDA | 7.5 |
EPS(TTM)0.68
EY6.53%
EPS(NY)1.19
Fwd EY11.45%
FCF(TTM)1.74
FCFY16.68%
OCF(TTM)1.81
OCFY17.38%
SpS16.32
BVpS6.56
TBVpS2.23
PEG (NY)0.2
PEG (5Y)N/A
Graham Number10.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.85% | ||
| ROE | 12.24% | ||
| ROCE | 10.77% | ||
| ROIC | 7.32% | ||
| ROICexc | 7.96% | ||
| ROICexgc | 14.16% | ||
| OM | 6.11% | ||
| PM (TTM) | 4.92% | ||
| GM | 37.29% | ||
| FCFM | 10.64% |
ROA(3y)-0.18%
ROA(5y)-5.85%
ROE(3y)1.63%
ROE(5y)-9.91%
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 3YN/A
ROICexgc growth 5Y-25.08%
ROICexc growth 3YN/A
ROICexc growth 5Y-30.68%
OM growth 3YN/A
OM growth 5Y-14.87%
PM growth 3YN/A
PM growth 5Y-14.48%
GM growth 3Y22.1%
GM growth 5Y0.07%
F-Score7
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 2.48 | ||
| Debt/EBITDA | 2.37 | ||
| Cap/Depr | 11.42% | ||
| Cap/Sales | 0.44% | ||
| Interest Coverage | 2.8 | ||
| Cash Conversion | 110.92% | ||
| Profit Quality | 216.38% | ||
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | 2.14 |
F-Score7
WACC8.1%
ROIC/WACC0.9
Cap/Depr(3y)33.06%
Cap/Depr(5y)53.2%
Cap/Sales(3y)0.87%
Cap/Sales(5y)1.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8.78%
EPS 3YN/A
EPS 5Y-20.15%
EPS Q2Q%-8.42%
EPS Next Y76.56%
EPS Next 2Y36.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-14.18%
Revenue growth 3Y10.02%
Revenue growth 5Y-2.34%
Sales Q2Q%-18.69%
Revenue Next Year-0.29%
Revenue Next 2Y4.79%
Revenue Next 3Y7.45%
Revenue Next 5YN/A
EBIT growth 1Y-36.69%
EBIT growth 3YN/A
EBIT growth 5Y-16.87%
EBIT Next Year59.27%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y3918.77%
FCF growth 3YN/A
FCF growth 5Y-5.59%
OCF growth 1Y515.48%
OCF growth 3YN/A
OCF growth 5Y-7.03%
TURTLE BEACH CORP / TBCH Fundamental Analysis 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 8 / 10 to TURTLE BEACH CORP (TBCH). This can be considered as Undervalued.
Can you provide the profitability details for TURTLE BEACH CORP?
TURTLE BEACH CORP (TBCH) has a profitability rating of 5 / 10.
What is the valuation of TURTLE BEACH CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TURTLE BEACH CORP (TBCH) is 15.31 and the Price/Book (PB) ratio is 1.59.
How financially healthy is TURTLE BEACH CORP?
The financial health rating of TURTLE BEACH CORP (TBCH) is 5 / 10.