| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
TTEK Stock Overview
Tetra Tech, Inc. provides consulting and engineering services worldwide.
Tetra Tech Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$139.62 |
| 52 Week High | US$192.91 |
| 52 Week Low | US$116.01 |
| Beta | 0.81 |
| 1 Month Change | -15.34% |
| 3 Month Change | -16.01% |
| 1 Year Change | -1.97% |
| 3 Year Change | 167.37% |
| 5 Year Change | 220.97% |
| Change since IPO | 9,146.67% |
Recent News & Updates
Here's Why I Think Tetra Tech (NASDAQ:TTEK) Might Deserve Your Attention Today
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Is Tetra Tech (NASDAQ:TTEK) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Shareholder Returns
| TTEK | US Commercial Services | US Market | |
|---|---|---|---|
| 7D | -5.5% | -4.8% | -4.0% |
| 1Y | -2.0% | 11.2% | 6.6% |
Return vs Industry: TTEK underperformed the US Commercial Services industry which returned 11.2% over the past year.
Return vs Market: TTEK underperformed the US Market which returned 6.6% over the past year.
Price Volatility
| TTEK volatility | |
|---|---|
| TTEK Average Weekly Movement | 4.9% |
| Commercial Services Industry Average Movement | 6.0% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: TTEK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TTEK's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1966 | 21,000 | Dan Batrack | https://www.tetratech.com |
Tetra Tech, Inc. provides consulting and engineering services worldwide. The company operates through two segments Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.
Tetra Tech Fundamentals Summary
| TTEK fundamental statistics | |
|---|---|
| Market Cap | US$7.54b |
| Earnings (TTM) | US$232.81m |
| Revenue (TTM) | US$2.55b |
32.4x
P/E Ratio3.0x
P/S RatioIs TTEK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TTEK income statement (TTM) | |
|---|---|
| Revenue | US$2.55b |
| Cost of Revenue | US$2.05b |
| Gross Profit | US$498.40m |
| Expenses | US$265.59m |
| Earnings | US$232.81m |
Last Reported Earnings
Oct 03, 2021
Next Earnings Date
Feb 02, 2022
| Earnings per share (EPS) | 4.31 |
| Gross Margin | 19.53% |
| Net Profit Margin | 9.12% |
| Debt/Equity Ratio | 18.0% |
How did TTEK perform over the long term?
See historical performance and comparisonDividends
0.6%
Current Dividend Yield17%
Payout RatioValuation
Is Tetra Tech undervalued compared to its fair value and its price relative to the market?
32.38x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TTEK ($139.62) is trading above our estimate of fair value ($108.35)
Significantly Below Fair Value: TTEK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TTEK is poor value based on its PE Ratio (32.4x) compared to the US Commercial Services industry average (25.6x).
PE vs Market: TTEK is poor value based on its PE Ratio (32.4x) compared to the US market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: TTEK is poor value based on its PEG Ratio (8.6x)
Price to Book Ratio
PB vs Industry: TTEK is overvalued based on its PB Ratio (6.1x) compared to the US Commercial Services industry average (2.1x).
Future Growth
How is Tetra Tech forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
3.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TTEK's forecast earnings growth (3.8% per year) is above the savings rate (2%).
Earnings vs Market: TTEK's earnings (3.8% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: TTEK's earnings are forecast to grow, but not significantly.
Revenue vs Market: TTEK's revenue (4.9% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: TTEK's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TTEK's Return on Equity is forecast to be low in 3 years time (17.5%).
Past Performance
How has Tetra Tech performed over the past 5 years?
14.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TTEK has high quality earnings.
Growing Profit Margin: TTEK's current net profit margins (9.1%) are higher than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: TTEK's earnings have grown by 14.3% per year over the past 5 years.
Accelerating Growth: TTEK's earnings growth over the past year (33.6%) exceeds its 5-year average (14.3% per year).
Earnings vs Industry: TTEK earnings growth over the past year (33.6%) underperformed the Commercial Services industry 35.3%.
Return on Equity
High ROE: TTEK's Return on Equity (18.9%) is considered low.
Financial Health
How is Tetra Tech's financial position?
Financial Position Analysis
Short Term Liabilities: TTEK's short term assets ($1.1B) exceed its short term liabilities ($848.5M).
Long Term Liabilities: TTEK's short term assets ($1.1B) exceed its long term liabilities ($493.8M).
Debt to Equity History and Analysis
Debt Level: TTEK's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: TTEK's debt to equity ratio has reduced from 40.2% to 18% over the past 5 years.
Debt Coverage: TTEK's debt is well covered by operating cash flow (137.2%).
Interest Coverage: TTEK's interest payments on its debt are well covered by EBIT (23.4x coverage).
Balance Sheet
Dividend
What is Tetra Tech current dividend yield, its reliability and sustainability?
0.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TTEK's dividend (0.57%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: TTEK's dividend (0.57%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: TTEK is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: TTEK is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: TTEK is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TTEK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Dan Batrack (63 yo)
16.17yrs
Tenure
US$7,908,335
Compensation
Mr. Dan L. Batrack has been Chairman and Chief Executive Officer of Tetra Tech, Inc. since January 30, 2008 and November 17, 2005 respectively and served as its President since October 2008 until October 2...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD7.91M) is about average for companies of similar size in the US market ($USD6.45M).
Compensation vs Earnings: Dan's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: TTEK's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: TTEK's board of directors are seasoned and experienced ( 14.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TTEK insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tetra Tech, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Tetra Tech, Inc.
- Ticker: TTEK
- Exchange: NasdaqGS
- Founded: 1966
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Implied Market Cap: US$7.539b
- Shares outstanding: 54.00m
- Website: https://www.tetratech.com
Number of Employees
Location
- Tetra Tech, Inc.
- 3475 East Foothill Boulevard
- Pasadena
- California
- 91107-6024
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:35 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/10/03 |
| Annual Earnings | 2021/10/03 |
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.