TETRA TECHNOLOGIES INC (TTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TTI - US88162F1057 - Common Stock
8.74 USD
-0.06 (-0.68%)
8.9 USD
+0.16 (+1.83%)
Taking everything into account, TTI scores 5 out of 10 in our fundamental rating. TTI was compared to 60 industry peers in the Energy Equipment & Services industry. While TTI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. While showing a medium growth rate, TTI is valued expensive at the moment.
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.
TTI had a positive operating cash flow in each of the past 5 years.
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.
Looking at the Return On Invested Capital, with a value of 9.47%, TTI is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TTI is in line with the industry average of 7.49%.
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
Looking at the Profit Margin, with a value of 19.75%, TTI belongs to the top of the industry, outperforming 98.33% of the companies in the same industry.
TTI's Profit Margin has declined in the last couple of years.
TTI has a Operating Margin (9.94%) which is in line with its industry peers.
In the last couple of years the Operating Margin of TTI has grown nicely.
With a Gross Margin value of 25.74%, TTI perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
TTI's Gross Margin has improved in the last couple of years.
| 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.
The number of shares outstanding for TTI has been increased compared to 5 years ago.
TTI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.24 indicates that TTI is not in any danger for bankruptcy at the moment.
TTI has a Altman-Z score of 3.24. This is in the better half of the industry: TTI outperforms 80.00% of its industry peers.
TTI has a debt to FCF ratio of 29.19. This is a negative value and a sign of low solvency as TTI would need 29.19 years to pay back of all of its debts.
TTI has a worse Debt to FCF ratio (29.19) than 61.67% 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.
TTI's Debt to Equity ratio of 0.61 is on the low side compared to the rest of the industry. TTI is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 29.19 | ||
| Altman-Z | 3.24 |
ROIC/WACC1.03
WACC9.18%
2.3 Liquidity
A Current Ratio of 2.35 indicates that TTI has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.35, TTI is doing good in the industry, outperforming 66.67% of the companies in the same industry.
A Quick Ratio of 1.56 indicates that TTI should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.56, TTI perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
TTI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 50.00%, which is quite impressive.
The Revenue has been growing slightly by 0.17% in the past year.
TTI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.31% yearly.
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
Based on estimates for the next years, TTI will show a very strong growth in Earnings Per Share. The EPS will grow by 56.53% on average per year.
The Revenue is expected to grow by 11.01% on average over the next years. This is quite good.
EPS Next Y43.08%
EPS Next 2Y27.12%
EPS Next 3Y36.22%
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.
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. Valuation
4.1 Price/Earnings Ratio
TTI is valuated quite expensively with a Price/Earnings ratio of 32.37.
65.00% of the companies in the same industry are cheaper than TTI, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.55. TTI is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 30.05, which means the current valuation is very expensive for TTI.
60.00% of the companies in the same industry are cheaper than TTI, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.78. TTI is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.37 | ||
| Fwd PE | 30.05 |
4.2 Price Multiples
86.67% of the companies in the same industry are cheaper than TTI, based on the Enterprise Value to EBITDA ratio.
65.00% of the companies in the same industry are cheaper than TTI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 188.57 | ||
| EV/EBITDA | 13.08 |
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.
The decent profitability rating of TTI may justify a higher PE ratio.
A more expensive valuation may be justified as TTI's earnings are expected to grow with 36.22% in the coming years.
PEG (NY)0.75
PEG (5Y)N/A
EPS Next 2Y27.12%
EPS Next 3Y36.22%
5. Dividend
5.1 Amount
TTI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
8.74
-0.06 (-0.68%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners82.64%
Inst Owner Change8.91%
Ins Owners4.5%
Ins Owner Change1.38%
Market Cap1.17B
Revenue(TTM)618.75M
Net Income(TTM)122.23M
Analysts82.5
Price Target9.31 (6.52%)
Short Float %5.11%
Short Ratio2.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)17.74%
PT rev (3m)40.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-42.86%
EPS NY rev (1m)0%
EPS NY rev (3m)8.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.37 | ||
| Fwd PE | 30.05 | ||
| P/S | 1.89 | ||
| P/FCF | 188.57 | ||
| P/OCF | 15.74 | ||
| P/B | 3.94 | ||
| P/tB | 4.26 | ||
| EV/EBITDA | 13.08 |
EPS(TTM)0.27
EY3.09%
EPS(NY)0.29
Fwd EY3.33%
FCF(TTM)0.05
FCFY0.53%
OCF(TTM)0.56
OCFY6.35%
SpS4.63
BVpS2.22
TBVpS2.05
PEG (NY)0.75
PEG (5Y)N/A
Graham Number3.67
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 | 3.24 |
F-Score7
WACC9.18%
ROIC/WACC1.03
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 3Y36.22%
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 Year118.69%
EBIT Next 3Y44.23%
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 2 / 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 32.37 and the Price/Book (PB) ratio is 3.94.
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.