14.02 USD
-0.01 (-0.07%)
14.02 USD
0 (0%)
Overall TBCH gets a fundamental rating of 5 out of 10. We evaluated TBCH against 35 industry peers in the Technology Hardware, Storage & Peripherals industry. TBCH has a medium profitability rating, but doesn't score so well on its financial health evaluation. TBCH may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
TBCH had positive earnings in the past year.
TBCH had a positive operating cash flow in the past year.
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
TBCH has a Return On Assets of 6.56%. This is amongst the best in the industry. TBCH outperforms 85.71% of its industry peers.
TBCH has a better Return On Equity (16.50%) than 88.57% of its industry peers.
The Return On Invested Capital of TBCH (8.96%) is better than 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.
With a decent Operating Margin value of 6.54%, TBCH is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Operating Margin of TBCH has grown nicely.
TBCH's Gross Margin of 36.20% is fine compared to the rest of the industry. TBCH outperforms 65.71% of its industry peers.
TBCH's Gross Margin has been stable in the last couple of years.
| 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.
Compared to 1 year ago, TBCH has more shares outstanding
TBCH has more shares outstanding than it did 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 2.17. 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.
Looking at the Altman-Z score, with a value of 2.17, TBCH is in line with its industry, outperforming 60.00% of the companies in the same 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.
TBCH has a Debt to Equity ratio of 0.74. This is comparable to the rest of the industry: TBCH outperforms 48.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 2.68 | ||
| Altman-Z | 2.17 |
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.
Looking at the Current ratio, with a value of 1.60, TBCH is in line with its industry, outperforming 60.00% of the companies in the same industry.
TBCH has a Quick Ratio of 1.60. This is a bad value and indicates that TBCH is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of TBCH (0.75) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.6 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 115.71% over the past year.
Measured over the past 5 years, TBCH shows a small growth in Earnings Per Share. The EPS has been growing by 6.11% on average per year.
The Revenue has been growing slightly by 6.43% in the past year.
TBCH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.69% yearly.
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.
TBCH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.37% yearly.
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
With a Price/Earnings ratio of 18.69, TBCH is valued on the expensive side.
Based on the Price/Earnings ratio, TBCH is valued a bit cheaper than the industry average as 77.14% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.60, TBCH is valued a bit cheaper.
The Price/Forward Earnings ratio is 11.76, 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 74.29% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of TBCH to the average of the S&P500 Index (23.23), we can say TBCH is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.69 | ||
| Fwd PE | 11.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TBCH is valued cheaper than 91.43% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TBCH indicates a rather cheap valuation: TBCH is cheaper than 85.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.02 | ||
| EV/EBITDA | 8.94 |
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.
TBCH has a very decent profitability rating, which 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)0.43
PEG (5Y)3.06
EPS Next 2Y26.91%
EPS Next 3Y19.29%
5. Dividend
5.1 Amount
No dividends for TBCH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
14.02
-0.01 (-0.07%)
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 Cap270.73M
Revenue(TTM)347.21M
Net Income(TTM)18.26M
Analysts81.67
Price Target19.38 (38.23%)
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)-1.56%
EPS NQ rev (3m)9.59%
EPS NY rev (1m)5.34%
EPS NY rev (3m)7.38%
Revenue NQ rev (1m)-2.68%
Revenue NQ rev (3m)-1.63%
Revenue NY rev (1m)-0.52%
Revenue NY rev (3m)-0.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.69 | ||
| Fwd PE | 11.76 | ||
| P/S | 0.78 | ||
| P/FCF | 8.02 | ||
| P/OCF | 7.43 | ||
| P/B | 2.45 | ||
| P/tB | 11.34 | ||
| EV/EBITDA | 8.94 |
EPS(TTM)0.75
EY5.35%
EPS(NY)1.19
Fwd EY8.5%
FCF(TTM)1.75
FCFY12.46%
OCF(TTM)1.89
OCFY13.46%
SpS17.98
BVpS5.73
TBVpS1.24
PEG (NY)0.43
PEG (5Y)3.06
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 | 2.17 |
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%.