TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military aerospace, and ground defense industries in the United States, Israel, and internationally.
Flawless balance sheet with questionable track record.
Share Price & News
How has TAT Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TATT has not had significant price volatility in the past 3 months.
7 Day Return
US Aerospace & Defense
1 Year Return
US Aerospace & Defense
Return vs Industry: TATT underperformed the US Aerospace & Defense industry which returned -9.5% over the past year.
Return vs Market: TATT underperformed the US Market which returned -11.5% over the past year.
Price Volatility Vs. Market
How volatile is TAT Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StDoes TAT Technologies Ltd.'s (NASDAQ:TATT) CEO Pay Compare Well With Peers?
1 month ago | Simply Wall StHere's Why We're Not Too Worried About TAT Technologies's (NASDAQ:TATT) Cash Burn Situation
2 months ago | Simply Wall StVolatility 101: Should TAT Technologies (NASDAQ:TATT) Shares Have Dropped 41%?
Is TAT Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TATT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TATT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TATT is poor value based on its PE Ratio (35.5x) compared to the Aerospace & Defense industry average (15x).
PE vs Market: TATT is poor value based on its PE Ratio (35.5x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TATT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TATT is good value based on its PB Ratio (0.3x) compared to the US Aerospace & Defense industry average (1.8x).
How is TAT Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TAT Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine TAT Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Capital Goods industry.
How has TAT Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TATT has high quality earnings.
Growing Profit Margin: TATT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TATT's earnings have declined by -49.8% per year over the past 5 years.
Accelerating Growth: TATT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TATT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (3.8%).
Return on Equity
High ROE: TATT's Return on Equity (0.9%) is considered low.
How is TAT Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: TATT's short term assets ($83.6M) exceed its short term liabilities ($20.7M).
Long Term Liabilities: TATT's short term assets ($83.6M) exceed its long term liabilities ($8.6M).
Debt to Equity History and Analysis
Debt Level: TATT is debt free.
Reducing Debt: TATT had no debt 5 years ago.
Debt Coverage: TATT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TATT has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: TATT has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if TATT's debt is covered by short term assets.
What is TAT Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TATT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TATT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TATT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TATT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TATT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TATT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Igal Zamir (53yo)
Mr. Igal Zamir has been the Chief Executive Officer and President of TAT Technologies, Ltd. since April 30, 2016. Mr. Zamir served as Executive Vice President of Delek US Holdings Inc. since November 2011. ...
CEO Compensation Analysis
Compensation vs Market: Igal's total compensation ($USD499.00K) is about average for companies of similar size in the US market ($USD601.33K).
Compensation vs Earnings: Igal's compensation has been consistent with company performance over the past year.
|CEO & President||3.92yrs||US$499.00k||no data|
|Chief Financial Officer||1.83yrs||US$321.00k||no data|
|President of Limco Airepair Inc.||7.33yrs||US$229.00k||no data|
|President of Turbochrome Ltd.||2.17yrs||US$259.00k||no data|
|President of Gedera||1.42yrs||US$279.00k||no data|
|Executive Vice President of Human Resources||1.42yrs||no data||no data|
Experienced Management: TATT's management team is considered experienced (2 years average tenure).
|Independent Director||6.33yrs||no data||no data|
|Chairman||3.75yrs||no data||no data|
|Director||3.75yrs||no data||no data|
|External Director||11.58yrs||no data||no data|
|External Director||6.33yrs||no data||no data|
|Director||6.58yrs||no data||no data|
Experienced Board: TATT's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TAT Technologies Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: TAT Technologies Ltd.
- Ticker: TATT
- Exchange: NasdaqGM
- Founded: 1985
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$28.577m
- Shares outstanding: 8.87m
- Website: https://tat-technologies.com
Number of Employees
- TAT Technologies Ltd.
- Re’em Industrial Park
- Neta Boulevard
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TATT||NasdaqGM (Nasdaq Global Market)||Yes||Ordinary Shares||US||USD||Mar 1987|
|TATT||TASE (The Tel-Aviv Stock Exchange)||Yes||Ordinary Shares||IL||ILS||Mar 1987|
TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military aerospace, and ground defense industries in the United States, Israel, and internationally. The company operates through four segments: Original Equipment Manufacturing (OEM) of Heat Transfer Solutions and Aviation Accessories; Maintenance, Repair, and Overhaul (MRO) Services for Heat Transfer Components and OEM of Heat Transfer Solutions; MRO Services for Aviation Components; and Overhaul and Coating of Jet Engine Components. It designs, develops, and manufactures a range of heat transfer solutions, such as pre-cooler and oil/fuel hydraulic heat exchangers used in mechanical and electronic systems in commercial, military, and business aircraft; environmental control and power electronics cooling systems for use in aircraft and ground applications; and a range of other mechanical aircraft accessories and systems, such as pumps, valves, and turbine power units. The company also provides MRO services for heat transfer components, as well as for manufacturing heat transfer solutions; and aviation components, such as power plants, landing gears, and other aircraft components. In addition, it engages in the operation of a repair station, which provides heat transfer MRO services for airlines, air cargo carriers, maintenance service centers, and the military; and the overhaul and coating of jet engine components, including turbine vanes and blades, fan blades, variable inlet guide vanes, and afterburner flaps. The company was formerly known as Galagraph Ltd. and changed its name to TAT Technologies Ltd. in May 1992. TAT Technologies Ltd. was founded in 1985 and is headquartered in Gedera, Israel.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 01:44|
|End of Day Share Price||2020/03/27 00:00|
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.