TETRA TECHNOLOGIES INC (TTI)

US88162F1057 - Common Stock

4.42  +0.08 (+1.84%)

After market: 4.42 0 (0%)

Fundamental Rating

4

Overall TTI gets a fundamental rating of 4 out of 10. We evaluated TTI against 65 industry peers in the Energy Equipment & Services industry. TTI has only an average score on both its financial health and profitability. TTI has a correct valuation and a medium growth rate.



5

1. Profitability

1.1 Basic Checks

TTI had positive earnings in the past year.
TTI had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: TTI reported negative net income in multiple years.
TTI had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

Looking at the Return On Assets, with a value of 5.38%, TTI is in line with its industry, outperforming 60.00% of the companies in the same industry.
TTI's Return On Equity of 17.35% is fine compared to the rest of the industry. TTI outperforms 76.92% 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 67.69% of the companies in the same industry.
Industry RankSector 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

The Profit Margin of TTI (4.12%) is comparable to the rest of the industry.
TTI's Operating Margin of 7.19% is in line compared to the rest of the industry. TTI outperforms 46.15% of its industry peers.
In the last couple of years the Operating Margin of TTI has grown nicely.
Looking at the Gross Margin, with a value of 24.55%, TTI is in line with its industry, outperforming 46.15% of the companies in the same industry.
TTI's Gross Margin has improved in the last couple of years.
Industry RankSector 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%

4

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TTI is creating some value.
Compared to 1 year ago, TTI has more shares outstanding
Compared to 5 years ago, TTI has more shares outstanding
TTI has a better debt/assets ratio than last year.

2.2 Solvency

An Altman-Z score of 2.25 indicates that TTI is not a great score, but indicates only limited risk for bankruptcy at the moment.
TTI has a Altman-Z score of 2.25. This is in the better half of the industry: TTI outperforms 63.08% of its industry peers.
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.
TTI has a Debt to FCF ratio (4.91) which is in line with its industry peers.
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 RankSector Rank
Debt/Equity 1.06
Debt/FCF 4.91
Altman-Z 2.25
ROIC/WACC1.03
WACC9.19%

2.3 Liquidity

TTI has a Current Ratio of 2.24. This indicates that TTI is financially healthy and has no problem in meeting its short term obligations.
TTI has a better Current ratio (2.24) 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.
With a Quick ratio value of 1.47, TTI perfoms like the industry average, outperforming 44.62% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.24
Quick Ratio 1.47

5

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.
The Revenue has been decreasing by -8.91% on average over the past years.
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

TTI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 73.31% yearly.
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

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.

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 17.00, which indicates a rather expensive current valuation of TTI.
TTI's Price/Earnings ratio is in line with the industry average.
TTI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.75.
TTI is valuated correctly with a Price/Forward Earnings ratio of 13.24.
TTI's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of TTI to the average of the S&P500 Index (21.23), we can say TTI is valued slightly cheaper.
Industry RankSector 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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TTI is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 18.08
EV/EBITDA 8.62

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.
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%

0

5. Dividend

5.1 Amount

No dividends for TTI!.
Industry RankSector 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 RankSector 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)
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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 RankSector 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 RankSector 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 RankSector 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