TETRA TECHNOLOGIES INC (TTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TTI - US88162F1057 - Common Stock
7.67 USD
+0.25 (+3.37%)
7.81 USD
+0.14 (+1.83%)
TTI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 60 industry peers in the Energy Equipment & Services industry. TTI has an excellent profitability rating, but there are some minor concerns on its financial health. TTI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TTI was profitable.
TTI had a positive operating cash flow in the past year.
TTI had positive earnings in 4 of the past 5 years.
In the past 5 years TTI always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 18.66%, TTI belongs to the best of the industry, outperforming 98.33% of the companies in the same industry.
TTI has a Return On Equity of 41.20%. This is amongst the best in the industry. TTI outperforms 98.33% of its industry peers.
The Return On Invested Capital of TTI (9.47%) is better than 75.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TTI is in line with the industry average of 7.66%.
The 3 year average ROIC (8.06%) for TTI is below the current ROIC(9.47%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.66% | ||
| ROE | 41.2% | ||
| ROIC | 9.47% |
ROA(3y)8.36%
ROA(5y)9.3%
ROE(3y)22.39%
ROE(5y)N/A
ROIC(3y)8.06%
ROIC(5y)N/A
1.3 Margins
TTI has a better Profit Margin (19.75%) than 98.33% of its industry peers.
In the last couple of years the Profit Margin of TTI has declined.
Looking at the Operating Margin, with a value of 9.94%, TTI is in line with its industry, outperforming 58.33% of the companies in the same industry.
In the last couple of years the Operating Margin of TTI has grown nicely.
The Gross Margin of TTI (25.74%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of TTI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.94% | ||
| PM (TTM) | 19.75% | ||
| GM | 25.74% |
OM growth 3YN/A
OM growth 5Y50.03%
PM growth 3Y-12.1%
PM growth 5YN/A
GM growth 3Y14.89%
GM growth 5Y5.02%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TTI is still creating some value.
The number of shares outstanding for TTI has been increased compared to 1 year ago.
Compared to 5 years ago, TTI has more shares outstanding
Compared to 1 year ago, TTI has an improved debt to assets ratio.
2.2 Solvency
TTI has an Altman-Z score of 2.98. This is not the best score and indicates that TTI is in the grey zone with still only limited risk for bankruptcy at the moment.
TTI has a better Altman-Z score (2.98) than 78.33% of its industry peers.
The Debt to FCF ratio of TTI is 29.19, which is on the high side as it means it would take TTI, 29.19 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TTI (29.19) is worse than 60.00% of its industry peers.
TTI has a Debt/Equity ratio of 0.61. This is a neutral value indicating TTI is somewhat dependend on debt financing.
The Debt to Equity ratio of TTI (0.61) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 29.19 | ||
| Altman-Z | 2.98 |
ROIC/WACC1.02
WACC9.26%
2.3 Liquidity
TTI has a Current Ratio of 2.35. This indicates that TTI is financially healthy and has no problem in meeting its short term obligations.
TTI has a Current ratio of 2.35. This is in the better half of the industry: TTI outperforms 66.67% of its industry peers.
A Quick Ratio of 1.56 indicates that TTI should not have too much problems paying its short term obligations.
TTI has a Quick ratio (1.56) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 50.00% over the past year.
The Revenue has been growing slightly by 0.17% in the past year.
Measured over the past years, TTI shows a small growth in Revenue. The Revenue has been growing by 1.31% on average per year.
EPS 1Y (TTM)50%
EPS 3Y0%
EPS 5YN/A
EPS Q2Q%33.33%
Revenue 1Y (TTM)0.17%
Revenue growth 3Y15.56%
Revenue growth 5Y1.31%
Sales Q2Q%8.14%
3.2 Future
TTI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 56.53% yearly.
Based on estimates for the next years, TTI will show a quite strong growth in Revenue. The Revenue will grow by 11.01% on average per year.
EPS Next Y43.08%
EPS Next 2Y27.12%
EPS Next 3Y34.85%
EPS Next 5Y56.53%
Revenue Next Year3.91%
Revenue Next 2Y4.24%
Revenue Next 3Y9.37%
Revenue Next 5Y11.01%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
TTI is valuated quite expensively with a Price/Earnings ratio of 28.41.
TTI's Price/Earnings ratio is a bit more expensive when compared to the industry. TTI is more expensive than 61.67% of the companies in the same industry.
TTI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.65, which is the current average of the S&P500 Index.
TTI is valuated quite expensively with a Price/Forward Earnings ratio of 26.37.
60.00% of the companies in the same industry are cheaper than TTI, based on the Price/Forward Earnings ratio.
TTI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.45, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.41 | ||
| Fwd PE | 26.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TTI is valued expensively inside the industry as 86.67% of the companies are valued cheaper.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TTI indicates a slightly more expensive valuation: TTI is more expensive than 65.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 164.91 | ||
| EV/EBITDA | 11.51 |
4.3 Compensation for Growth
TTI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TTI has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as TTI's earnings are expected to grow with 34.85% in the coming years.
PEG (NY)0.66
PEG (5Y)N/A
EPS Next 2Y27.12%
EPS Next 3Y34.85%
5. Dividend
5.1 Amount
TTI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.67
+0.25 (+3.37%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners75.02%
Inst Owner Change8.91%
Ins Owners5.74%
Ins Owner Change1.95%
Market Cap1.02B
Revenue(TTM)618.75M
Net Income(TTM)122.23M
Analysts82.5
Price Target9.31 (21.38%)
Short Float %4.28%
Short Ratio2.03
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)48.84%
Min EPS beat(2)29.14%
Max EPS beat(2)68.53%
EPS beat(4)4
Avg EPS beat(4)49.93%
Min EPS beat(4)12.09%
Max EPS beat(4)89.97%
EPS beat(8)5
Avg EPS beat(8)20.06%
EPS beat(12)6
Avg EPS beat(12)8.72%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)2.73%
Min Revenue beat(2)-0.18%
Max Revenue beat(2)5.63%
Revenue beat(4)1
Avg Revenue beat(4)-0.32%
Min Revenue beat(4)-3.64%
Max Revenue beat(4)5.63%
Revenue beat(8)2
Avg Revenue beat(8)-1.83%
Revenue beat(12)4
Avg Revenue beat(12)-1.29%
Revenue beat(16)7
Avg Revenue beat(16)0.1%
PT rev (1m)32.73%
PT rev (3m)52.08%
EPS NQ rev (1m)-42.86%
EPS NQ rev (3m)-28.21%
EPS NY rev (1m)4.08%
EPS NY rev (3m)8.51%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)-0.53%
Revenue NY rev (1m)1.67%
Revenue NY rev (3m)1.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.41 | ||
| Fwd PE | 26.37 | ||
| P/S | 1.65 | ||
| P/FCF | 164.91 | ||
| P/OCF | 13.76 | ||
| P/B | 3.45 | ||
| P/tB | 3.73 | ||
| EV/EBITDA | 11.51 |
EPS(TTM)0.27
EY3.52%
EPS(NY)0.29
Fwd EY3.79%
FCF(TTM)0.05
FCFY0.61%
OCF(TTM)0.56
OCFY7.27%
SpS4.64
BVpS2.23
TBVpS2.06
PEG (NY)0.66
PEG (5Y)N/A
Graham Number3.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.66% | ||
| ROE | 41.2% | ||
| ROCE | 11.79% | ||
| ROIC | 9.47% | ||
| ROICexc | 10.87% | ||
| ROICexgc | 11.43% | ||
| OM | 9.94% | ||
| PM (TTM) | 19.75% | ||
| GM | 25.74% | ||
| FCFM | 1% |
ROA(3y)8.36%
ROA(5y)9.3%
ROE(3y)22.39%
ROE(5y)N/A
ROIC(3y)8.06%
ROIC(5y)N/A
ROICexc(3y)8.98%
ROICexc(5y)N/A
ROICexgc(3y)9.83%
ROICexgc(5y)N/A
ROCE(3y)10.03%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y80.49%
ROICexc growth 3YN/A
ROICexc growth 5Y81.01%
OM growth 3YN/A
OM growth 5Y50.03%
PM growth 3Y-12.1%
PM growth 5YN/A
GM growth 3Y14.89%
GM growth 5Y5.02%
F-Score7
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 29.19 | ||
| Debt/EBITDA | 1.83 | ||
| Cap/Depr | 183.06% | ||
| Cap/Sales | 11% | ||
| Interest Coverage | 3.02 | ||
| Cash Conversion | 75.25% | ||
| Profit Quality | 5.07% | ||
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | 2.98 |
F-Score7
WACC9.26%
ROIC/WACC1.02
Cap/Depr(3y)134.35%
Cap/Depr(5y)97.81%
Cap/Sales(3y)7.82%
Cap/Sales(5y)7.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)50%
EPS 3Y0%
EPS 5YN/A
EPS Q2Q%33.33%
EPS Next Y43.08%
EPS Next 2Y27.12%
EPS Next 3Y34.85%
EPS Next 5Y56.53%
Revenue 1Y (TTM)0.17%
Revenue growth 3Y15.56%
Revenue growth 5Y1.31%
Sales Q2Q%8.14%
Revenue Next Year3.91%
Revenue Next 2Y4.24%
Revenue Next 3Y9.37%
Revenue Next 5Y11.01%
EBIT growth 1Y34.29%
EBIT growth 3YN/A
EBIT growth 5Y52%
EBIT Next Year109.97%
EBIT Next 3Y58.91%
EBIT Next 5Y48.21%
FCF growth 1Y-7.78%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y67.5%
OCF growth 3Y98.67%
OCF growth 5Y-16.55%
TETRA TECHNOLOGIES INC / TTI FAQ
Can you provide the ChartMill fundamental rating for TETRA TECHNOLOGIES INC?
ChartMill assigns a fundamental rating of 5 / 10 to TTI.
What is the valuation status for TTI stock?
ChartMill assigns a valuation rating of 3 / 10 to TETRA TECHNOLOGIES INC (TTI). This can be considered as Overvalued.
How profitable is TETRA TECHNOLOGIES INC (TTI) stock?
TETRA TECHNOLOGIES INC (TTI) has a profitability rating of 7 / 10.
What is the valuation of TETRA TECHNOLOGIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TETRA TECHNOLOGIES INC (TTI) is 28.41 and the Price/Book (PB) ratio is 3.45.
What is the expected EPS growth for TETRA TECHNOLOGIES INC (TTI) stock?
The Earnings per Share (EPS) of TETRA TECHNOLOGIES INC (TTI) is expected to grow by 43.08% in the next year.