TIMB N Stock Overview

A telecommunications company, provides mobile voice, data, and broadband services in Brazil. More details

TIMB N fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	0/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 36.8% below our estimate of its fair value

Earnings are forecast to grow 21.53% per year

Risk Analysis

Shares are highly illiquid

Large one-off items impacting financial results

Profit margins (7.5%) are lower than last year (16.7%)

My Notes

Capture your thoughts, links and company narrative

TIM S.A. Competitors

América Móvil. de

BMV:AMX B

Mex$924.7b

Operadora de Sites Mexicanos. de

BMV:SITES1 A-1

Mex$44.2b

Mobile Telecommunications Company K.S.C.P

KWSE:ZAIN

د.ك2.0b

Mobile TeleSystems

MISX:MTSS

₽463.3b

Price History & Performance

Summary of share price highs, lows and changes for TIM
Historical stock prices
Current Share Price	R$238.00
52 Week High	R$0
52 Week Low	R$0
Beta	0.42
1 Month Change	0%
3 Month Change	0%
1 Year Change	0%
3 Year Change	n/a
5 Year Change	-32.04%
Change since IPO	-32.00%

Recent updates

Shareholder Returns

	TIMB N	MX Wireless Telecom	MX Market
7D	0%	-1.3%	-2.5%
1Y	0%	24.3%	-12.6%

Return vs Industry: TIMB N exceeded the MX Wireless Telecom industry which returned -5.2% over the past year.

Return vs Market: TIMB N underperformed the MX Market which returned 3.7% over the past year.

Price Volatility

Is TIMB N's price volatile compared to industry and market?
TIMB N volatility
TIMB N Average Weekly Movement	n/a
Wireless Telecom Industry Average Movement	3.5%
Market Average Movement	4.0%
10% most volatile stocks in MX Market	6.1%
10% least volatile stocks in MX Market	2.7%

Stable Share Price: TIMB N has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine TIMB N's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	9,435	Alberto Griselli	www.tim.com.br

TIM S.A., a telecommunications company, provides mobile voice, data, and broadband services in Brazil. The company offers in mobile, landline, long-distance, and data transmission services. It also offers ultra-broadband, digital content, and tailored packages services.

TIM S.A. Fundamentals Summary

How do TIM's earnings and revenue compare to its market cap?
TIMB N fundamental statistics
Market cap	Mex$125.60b
Earnings (TTM)	Mex$5.96b
Revenue (TTM)	Mex$79.66b

21.4x

P/E Ratio

1.6x

P/S Ratio

Is TIMB N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TIMB N income statement (TTM)
Revenue	R$22.44b
Cost of Revenue	R$11.17b
Gross Profit	R$11.28b
Other Expenses	R$9.60b
Earnings	R$1.68b

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

Jul 31, 2023

Earnings per share (EPS)	0.69
Gross Margin	50.24%
Net Profit Margin	7.48%
Debt/Equity Ratio	19.6%

How did TIMB N perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

26%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/06/12 12:23
End of Day Share Price	2023/03/16 00:00
Earnings	2023/03/31
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TIM S.A. is covered by 47 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Beatriz Battelli	Banco Brascan S.A.
Michel Morin	Barclays
Mathieu Robilliard	Barclays