TETRA TECHNOLOGIES INC (TTI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TTI - US88162F1057 - Common Stock
8.42 USD
-0.42 (-4.75%)
8.35 USD
-0.07 (-0.83%)
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. 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.
In the past year TTI had a positive cash flow from operations.
Of the past 5 years TTI 4 years were profitable.
In the past 5 years TTI always reported a positive cash flow from operatings.
1.2 Ratios
TTI has a Return On Assets of 18.66%. This is amongst the best in the industry. TTI outperforms 98.33% of its industry peers.
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 75.00% of the companies in the same industry.
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's Profit Margin of 19.75% is amongst the best of the industry. TTI outperforms 98.33% of its industry peers.
In the last couple of years the Profit Margin of TTI has declined.
TTI has a Operating Margin of 9.94%. This is comparable to the rest of the industry: TTI outperforms 58.33% of its industry peers.
TTI's Operating Margin has improved in the last couple of years.
TTI's Gross Margin of 25.74% is in line compared to the rest of the industry. TTI outperforms 58.33% of its industry peers.
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
TTI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for TTI has been increased compared to 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
An Altman-Z score of 3.25 indicates that TTI is not in any danger for bankruptcy at the moment.
The Altman-Z score of TTI (3.25) is better than 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.
With a Debt to FCF ratio value of 29.19, TTI is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
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 | 3.25 |
ROIC/WACC1.01
WACC9.37%
2.3 Liquidity
A Current Ratio of 2.35 indicates that TTI has no problem at all paying its short term obligations.
TTI has a better Current ratio (2.35) than 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.
The Quick ratio of TTI (1.56) 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
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
TTI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 56.53% yearly.
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 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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 31.19, the valuation of TTI can be described as expensive.
Based on the Price/Earnings ratio, TTI is valued a bit more expensive than the industry average as 63.33% of the companies are valued more cheaply.
TTI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 28.95, which means the current valuation is very expensive for TTI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TTI indicates a slightly more expensive valuation: TTI is more expensive than 63.33% of the companies listed in the same industry.
TTI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 36.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.19 | ||
| Fwd PE | 28.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TTI indicates a rather expensive valuation: TTI more expensive than 86.67% of the companies listed in the same industry.
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 | 181.67 | ||
| EV/EBITDA | 13.13 |
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.
TTI's earnings are expected to grow with 34.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.72
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 |
8.42
-0.42 (-4.75%)
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 Change1.95%
Market Cap1.13B
Revenue(TTM)618.75M
Net Income(TTM)122.23M
Analysts82.5
Price Target9.31 (10.57%)
Short Float %5.11%
Short Ratio2.36
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)17.74%
PT rev (3m)52.08%
EPS NQ rev (1m)-42.86%
EPS NQ rev (3m)-39.13%
EPS NY rev (1m)4.08%
EPS NY rev (3m)8.51%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)1.67%
Revenue NY rev (3m)1.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.19 | ||
| Fwd PE | 28.95 | ||
| P/S | 1.82 | ||
| P/FCF | 181.67 | ||
| P/OCF | 15.16 | ||
| P/B | 3.8 | ||
| P/tB | 4.1 | ||
| EV/EBITDA | 13.13 |
EPS(TTM)0.27
EY3.21%
EPS(NY)0.29
Fwd EY3.45%
FCF(TTM)0.05
FCFY0.55%
OCF(TTM)0.56
OCFY6.59%
SpS4.63
BVpS2.22
TBVpS2.05
PEG (NY)0.72
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 | 3.25 |
F-Score7
WACC9.37%
ROIC/WACC1.01
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 31.19 and the Price/Book (PB) ratio is 3.8.
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.