TETRA TECHNOLOGIES INC (TTI)
US88162F1057 - Common Stock
Overall TTI gets a fundamental rating of 4 out of 10. We evaluated TTI against 65 industry peers in the Energy Equipment & Services industry. Both the profitability and the financial health of TTI get a neutral evaluation. Nothing too spectacular is happening here. TTI has a correct valuation and a medium 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.
In multiple years TTI reported negative net income over the last 5 years.
TTI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 5.38%, TTI perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
TTI has a better Return On Equity (17.35%) than 76.92% of its industry peers.
With a decent Return On Invested Capital value of 9.47%, TTI is doing good in the industry, outperforming 67.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.38% | ||
| ROE | 17.35% | ||
| ROIC | 9.47% |
ROA(3y)11.04%
ROA(5y)3.41%
ROE(3y)42.76%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TTI has a Profit Margin (4.12%) which is in line with its industry peers.
TTI has a Operating Margin (7.19%) which is comparable to the rest of the industry.
TTI's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 24.55%, TTI perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
TTI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.19% | ||
| PM (TTM) | 4.12% | ||
| GM | 24.55% |
OM growth 3YN/A
OM growth 5Y16.51%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.91%
GM growth 5Y8.13%
2. Health
2.1 Basic Checks
TTI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
TTI has more shares outstanding than it did 1 year ago.
TTI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TTI has been reduced compared to a year ago.
2.2 Solvency
TTI has an Altman-Z score of 2.23. 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.
With a decent Altman-Z score value of 2.23, TTI is doing good in the industry, outperforming 63.08% of the companies in the same industry.
The Debt to FCF ratio of TTI is 4.91, which is a neutral value as it means it would take TTI, 4.91 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 4.91, TTI perfoms like the industry average, outperforming 50.77% of the companies in the same industry.
A Debt/Equity ratio of 1.06 is on the high side and indicates that TTI has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.06, TTI is doing worse than 81.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 4.91 | ||
| Altman-Z | 2.23 |
ROIC/WACC1.03
WACC9.21%
2.3 Liquidity
A Current Ratio of 2.24 indicates that TTI has no problem at all paying its short term obligations.
The Current ratio of TTI (2.24) is better than 64.62% of its industry peers.
A Quick Ratio of 1.47 indicates that TTI should not have too much problems paying its short term obligations.
TTI's Quick ratio of 1.47 is in line compared to the rest of the industry. TTI outperforms 44.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.24 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 73.33% over the past year.
Looking at the last year, TTI shows a quite strong growth in Revenue. The Revenue has grown by 13.20% in the last year.
TTI shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -8.91% yearly.
EPS 1Y (TTM)73.33%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q50%
Revenue 1Y (TTM)13.2%
Revenue growth 3Y18.36%
Revenue growth 5Y-8.91%
Revenue growth Q2Q3.85%
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 73.31% on average per year.
Based on estimates for the next years, TTI will show a quite strong growth in Revenue. The Revenue will grow by 15.99% on average per year.
EPS Next Y28.43%
EPS Next 2Y38.46%
EPS Next 3Y73.31%
EPS Next 5YN/A
Revenue Next Year8.64%
Revenue Next 2Y10.43%
Revenue Next 3Y15.99%
Revenue Next 5YN/A
3.3 Evolution
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
Based on the Price/Earnings ratio of 17.00, the valuation of TTI can be described as rather expensive.
TTI's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 24.76. TTI is valued slightly cheaper when compared to this.
TTI is valuated correctly with a Price/Forward Earnings ratio of 13.24.
TTI's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of TTI to the average of the S&P500 Index (21.26), we can say TTI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17 | ||
| Fwd PE | 13.24 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TTI is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as TTI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.98 | ||
| EV/EBITDA | 8.45 |
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.
A more expensive valuation may be justified as TTI's earnings are expected to grow with 73.31% in the coming years.
PEG (NY)0.6
PEG (5Y)N/A
EPS Next 2Y38.46%
EPS Next 3Y73.31%
5. Dividend
5.1 Amount
No dividends for TTI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TETRA TECHNOLOGIES INC
NYSE:TTI (4/19/2024, 7:21:01 PM)
After market: 4.42 0 (0%)4.42
+0.08 (+1.84%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap579.64M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17 | ||
| Fwd PE | 13.24 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.6
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.38% | ||
| ROE | 17.35% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.19% | ||
| PM (TTM) | 4.12% | ||
| GM | 24.55% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.24 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)73.33%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y28.43%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)13.2%
Revenue growth 3Y18.36%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y