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TTEK

Tetra TechNasdaqGS:TTEK Stock Report

Last Price

US$139.62

Market Cap

US$7.5b

7D

-5.5%

1Y

-2.0%

Updated

21 Jan, 2022

Data

Company Financials +
TTEK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends0/6

TTEK Stock Overview

Tetra Tech, Inc. provides consulting and engineering services worldwide.

Tetra Tech Competitors

Rollins

NYSE:ROL

US$15.4b

Montrose Environmental Group

NYSE:MEG

US$1.4b

Cisco Systems

NasdaqGS:CSCO

US$239.1b

Accenture

NYSE:ACN

US$212.1b

Price History & Performance

Summary of all time highs, changes and price drops for Tetra Tech
Historical stock prices
Current Share PriceUS$139.62
52 Week HighUS$192.91
52 Week LowUS$116.01
Beta0.81
1 Month Change-15.34%
3 Month Change-16.01%
1 Year Change-1.97%
3 Year Change167.37%
5 Year Change220.97%
Change since IPO9,146.67%

Recent News & Updates

Jan 04
Here's Why I Think Tetra Tech (NASDAQ:TTEK) Might Deserve Your Attention Today

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...

Dec 10
Is Tetra Tech (NASDAQ:TTEK) A Risky Investment?

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

TTEKUS Commercial ServicesUS 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

Is TTEK's price volatile compared to industry and market?
TTEK volatility
TTEK Average Weekly Movement4.9%
Commercial Services Industry Average Movement6.0%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

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

FoundedEmployeesCEOWebsite
196621,000Dan Batrackhttps://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

How do Tetra Tech's earnings and revenue compare to its market cap?
TTEK fundamental statistics
Market CapUS$7.54b
Earnings (TTM)US$232.81m
Revenue (TTM)US$2.55b

32.4x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TTEK income statement (TTM)
RevenueUS$2.55b
Cost of RevenueUS$2.05b
Gross ProfitUS$498.40m
ExpensesUS$265.59m
EarningsUS$232.81m

Last Reported Earnings

Oct 03, 2021

Next Earnings Date

Feb 02, 2022

Earnings per share (EPS)4.31
Gross Margin19.53%
Net Profit Margin9.12%
Debt/Equity Ratio18.0%

How did TTEK perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

17%

Payout Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:35
End of Day Share Price2022/01/21 00:00
Earnings2021/10/03
Annual Earnings2021/10/03


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.