TTM TECHNOLOGIES (TTMI) Stock Fundamental Analysis
USA - NASDAQ:TTMI - US87305R1095 - Common Stock
62.53 USD
+3.32 (+5.61%)
We assign a fundamental rating of 5 out of 10 to TTMI. TTMI was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. TTMI has an average financial health and profitability rating. TTMI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year TTMI was profitable.
In the past year TTMI had a positive cash flow from operations.
TTMI had positive earnings in 4 of the past 5 years.
In the past 5 years TTMI always reported a positive cash flow from operatings.
1.2 Ratios
TTMI has a Return On Assets (2.60%) which is in line with its industry peers.
The Return On Equity of TTMI (5.69%) is better than 60.16% of its industry peers.
With a decent Return On Invested Capital value of 6.12%, TTMI is doing good in the industry, outperforming 63.41% of the companies in the same industry.
TTMI had an Average Return On Invested Capital over the past 3 years of 4.37%. This is significantly below the industry average of 9.37%.
The 3 year average ROIC (4.37%) for TTMI is below the current ROIC(6.12%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.6% | ||
| ROE | 5.69% | ||
| ROIC | 6.12% |
ROA(3y)1.3%
ROA(5y)2.37%
ROE(3y)2.84%
ROE(5y)4.91%
ROIC(3y)4.37%
ROIC(5y)4.21%
1.3 Margins
The Profit Margin of TTMI (3.52%) is better than 62.60% of its industry peers.
In the last couple of years the Profit Margin of TTMI has grown nicely.
TTMI has a Operating Margin of 8.05%. This is in the better half of the industry: TTMI outperforms 73.98% of its industry peers.
TTMI's Operating Margin has improved in the last couple of years.
TTMI has a worse Gross Margin (20.23%) than 66.67% of its industry peers.
TTMI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.05% | ||
| PM (TTM) | 3.52% | ||
| GM | 20.23% |
OM growth 3Y4.14%
OM growth 5Y3.95%
PM growth 3Y-1.6%
PM growth 5Y3.55%
GM growth 3Y5.71%
GM growth 5Y2.02%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TTMI is destroying value.
The number of shares outstanding for TTMI remains at a similar level compared to 1 year ago.
TTMI has less shares outstanding than it did 5 years ago.
The debt/assets ratio for TTMI has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.47 indicates that TTMI is not in any danger for bankruptcy at the moment.
TTMI has a Altman-Z score of 3.47. This is comparable to the rest of the industry: TTMI outperforms 52.03% of its industry peers.
TTMI has a debt to FCF ratio of 52.91. This is a negative value and a sign of low solvency as TTMI would need 52.91 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 52.91, TTMI is in line with its industry, outperforming 48.78% of the companies in the same industry.
A Debt/Equity ratio of 0.57 indicates that TTMI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.57, TTMI is doing worse than 73.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 52.91 | ||
| Altman-Z | 3.47 |
ROIC/WACC0.68
WACC9.03%
2.3 Liquidity
A Current Ratio of 2.03 indicates that TTMI has no problem at all paying its short term obligations.
TTMI's Current ratio of 2.03 is in line compared to the rest of the industry. TTMI outperforms 41.46% of its industry peers.
A Quick Ratio of 1.72 indicates that TTMI should not have too much problems paying its short term obligations.
The Quick ratio of TTMI (1.72) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 35.71% over the past year.
Measured over the past 5 years, TTMI shows a small growth in Earnings Per Share. The EPS has been growing by 7.89% on average per year.
The Revenue has grown by 14.24% in the past year. This is quite good.
TTMI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.75% yearly.
EPS 1Y (TTM)35.71%
EPS 3Y10.42%
EPS 5Y7.89%
EPS Q2Q%48.72%
Revenue 1Y (TTM)14.24%
Revenue growth 3Y2.8%
Revenue growth 5Y2.75%
Sales Q2Q%20.74%
3.2 Future
Based on estimates for the next years, TTMI will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.28% on average per year.
The Revenue is expected to grow by 9.34% on average over the next years. This is quite good.
EPS Next Y37.63%
EPS Next 2Y24.77%
EPS Next 3Y19.28%
EPS Next 5YN/A
Revenue Next Year16.4%
Revenue Next 2Y11.01%
Revenue Next 3Y9.34%
Revenue Next 5YN/A
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
The Price/Earnings ratio is 29.92, which means the current valuation is very expensive for TTMI.
Based on the Price/Earnings ratio, TTMI is valued a bit cheaper than the industry average as 65.04% of the companies are valued more expensively.
TTMI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.00.
TTMI is valuated rather expensively with a Price/Forward Earnings ratio of 23.49.
Based on the Price/Forward Earnings ratio, TTMI is valued a bit cheaper than the industry average as 67.48% of the companies are valued more expensively.
TTMI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.87, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.92 | ||
| Fwd PE | 23.49 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TTMI is valued a bit cheaper than the industry average as 67.48% of the companies are valued more expensively.
TTMI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 366.23 | ||
| EV/EBITDA | 18.4 |
4.3 Compensation for Growth
TTMI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TTMI has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as TTMI's earnings are expected to grow with 19.28% in the coming years.
PEG (NY)0.8
PEG (5Y)3.79
EPS Next 2Y24.77%
EPS Next 3Y19.28%
5. Dividend
5.1 Amount
No dividends for TTMI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:TTMI (10/29/2025, 12:52:56 PM)
62.53
+3.32 (+5.61%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners101.43%
Inst Owner Change0.99%
Ins Owners1.13%
Ins Owner Change-1.29%
Market Cap6.46B
Revenue(TTM)2.65B
Net Income(TTM)93.19M
Analysts84
Price Target60.18 (-3.76%)
Short Float %4.06%
Short Ratio1.79
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)16.58%
Min EPS beat(2)8.83%
Max EPS beat(2)24.34%
EPS beat(4)3
Avg EPS beat(4)14.02%
Min EPS beat(4)-1.36%
Max EPS beat(4)24.34%
EPS beat(8)7
Avg EPS beat(8)18.1%
EPS beat(12)10
Avg EPS beat(12)18.98%
EPS beat(16)13
Avg EPS beat(16)18.56%
Revenue beat(2)2
Avg Revenue beat(2)4.74%
Min Revenue beat(2)2.33%
Max Revenue beat(2)7.15%
Revenue beat(4)4
Avg Revenue beat(4)2.71%
Min Revenue beat(4)0.07%
Max Revenue beat(4)7.15%
Revenue beat(8)6
Avg Revenue beat(8)1.29%
Revenue beat(12)6
Avg Revenue beat(12)-0.74%
Revenue beat(16)9
Avg Revenue beat(16)0.01%
PT rev (1m)3.96%
PT rev (3m)41.32%
EPS NQ rev (1m)0%
EPS NQ rev (3m)11.67%
EPS NY rev (1m)0%
EPS NY rev (3m)7.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.92 | ||
| Fwd PE | 23.49 | ||
| P/S | 2.44 | ||
| P/FCF | 366.23 | ||
| P/OCF | 27.11 | ||
| P/B | 3.95 | ||
| P/tB | 8.14 | ||
| EV/EBITDA | 18.4 |
EPS(TTM)2.09
EY3.34%
EPS(NY)2.66
Fwd EY4.26%
FCF(TTM)0.17
FCFY0.27%
OCF(TTM)2.31
OCFY3.69%
SpS25.62
BVpS15.84
TBVpS7.68
PEG (NY)0.8
PEG (5Y)3.79
Graham Number27.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.6% | ||
| ROE | 5.69% | ||
| ROCE | 7.74% | ||
| ROIC | 6.12% | ||
| ROICexc | 7.31% | ||
| ROICexgc | 11.53% | ||
| OM | 8.05% | ||
| PM (TTM) | 3.52% | ||
| GM | 20.23% | ||
| FCFM | 0.67% |
ROA(3y)1.3%
ROA(5y)2.37%
ROE(3y)2.84%
ROE(5y)4.91%
ROIC(3y)4.37%
ROIC(5y)4.21%
ROICexc(3y)5.28%
ROICexc(5y)5.17%
ROICexgc(3y)9.47%
ROICexgc(5y)9.43%
ROCE(3y)5.53%
ROCE(5y)5.33%
ROICexgc growth 3Y-0.17%
ROICexgc growth 5Y3.47%
ROICexc growth 3Y3.11%
ROICexc growth 5Y7.34%
OM growth 3Y4.14%
OM growth 5Y3.95%
PM growth 3Y-1.6%
PM growth 5Y3.55%
GM growth 3Y5.71%
GM growth 5Y2.02%
F-Score8
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 52.91 | ||
| Debt/EBITDA | 2.59 | ||
| Cap/Depr | 151.24% | ||
| Cap/Sales | 8.34% | ||
| Interest Coverage | 4.68 | ||
| Cash Conversion | 66.4% | ||
| Profit Quality | 18.93% | ||
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | 3.47 |
F-Score8
WACC9.03%
ROIC/WACC0.68
Cap/Depr(3y)100.09%
Cap/Depr(5y)85.37%
Cap/Sales(3y)6.3%
Cap/Sales(5y)5.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)35.71%
EPS 3Y10.42%
EPS 5Y7.89%
EPS Q2Q%48.72%
EPS Next Y37.63%
EPS Next 2Y24.77%
EPS Next 3Y19.28%
EPS Next 5YN/A
Revenue 1Y (TTM)14.24%
Revenue growth 3Y2.8%
Revenue growth 5Y2.75%
Sales Q2Q%20.74%
Revenue Next Year16.4%
Revenue Next 2Y11.01%
Revenue Next 3Y9.34%
Revenue Next 5YN/A
EBIT growth 1Y53.33%
EBIT growth 3Y7.05%
EBIT growth 5Y6.81%
EBIT Next Year82.36%
EBIT Next 3Y26.82%
EBIT Next 5YN/A
FCF growth 1Y-83.22%
FCF growth 3Y-18.53%
FCF growth 5Y-21.29%
OCF growth 1Y-0.13%
OCF growth 3Y10.29%
OCF growth 5Y-5.35%
TTM TECHNOLOGIES / TTMI FAQ
Can you provide the ChartMill fundamental rating for TTM TECHNOLOGIES?
ChartMill assigns a fundamental rating of 5 / 10 to TTMI.
What is the valuation status of TTM TECHNOLOGIES (TTMI) stock?
ChartMill assigns a valuation rating of 5 / 10 to TTM TECHNOLOGIES (TTMI). This can be considered as Fairly Valued.
How profitable is TTM TECHNOLOGIES (TTMI) stock?
TTM TECHNOLOGIES (TTMI) has a profitability rating of 6 / 10.
What is the valuation of TTM TECHNOLOGIES based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TTM TECHNOLOGIES (TTMI) is 29.92 and the Price/Book (PB) ratio is 3.95.