Tetra Tech, Inc. provides consulting and engineering services worldwide. More Details
Excellent balance sheet with questionable track record.
Share Price & News
How has Tetra Tech's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TTEK's share price has been volatile over the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: TTEK exceeded the US Commercial Services industry which returned 8.7% over the past year.
Return vs Market: TTEK matched the US Market which returned 19.5% over the past year.
Price Volatility Vs. Market
How volatile is Tetra Tech's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs There Now An Opportunity In Tetra Tech, Inc. (NASDAQ:TTEK)?
3 weeks ago | Simply Wall StIs Tetra Tech (NASDAQ:TTEK) A Risky Investment?
1 month ago | Simply Wall StDoes Tetra Tech's (NASDAQ:TTEK) Statutory Profit Adequately Reflect Its Underlying Profit?
Is Tetra Tech 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: TTEK ($105.62) is trading above our estimate of fair value ($49.82)
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 (40.9x) compared to the US Commercial Services industry average (27.3x).
PE vs Market: TTEK is poor value based on its PE Ratio (40.9x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: TTEK is poor value based on its PEG Ratio (3.7x)
Price to Book Ratio
PB vs Industry: TTEK is overvalued based on its PB Ratio (5.7x) compared to the US Commercial Services industry average (1.5x).
How is Tetra Tech forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TTEK's forecast earnings growth (11% per year) is above the savings rate (2.2%).
Earnings vs Market: TTEK's earnings (11% per year) are forecast to grow slower than the US market (22.1% 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 (10% 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 (17.4%).
How has Tetra Tech performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TTEK has high quality earnings.
Growing Profit Margin: TTEK's current net profit margins (5.9%) are lower than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: TTEK's earnings have grown significantly by 23.4% per year over the past 5 years.
Accelerating Growth: TTEK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TTEK had negative earnings growth (-19.9%) over the past year, making it difficult to compare to the Commercial Services industry average (-8%).
Return on Equity
High ROE: TTEK's Return on Equity (14.2%) is considered low.
How is Tetra Tech's financial position?
Financial Position Analysis
Short Term Liabilities: TTEK's short term assets ($956.2M) exceed its short term liabilities ($732.7M).
Long Term Liabilities: TTEK's short term assets ($956.2M) exceed its long term liabilities ($563.6M).
Debt to Equity History and Analysis
Debt Level: TTEK's debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: TTEK's debt to equity ratio has increased from 24.9% to 29.6% over the past 5 years.
Debt Coverage: TTEK's debt is well covered by operating cash flow (98.6%).
Interest Coverage: TTEK's interest payments on its debt are well covered by EBIT (14.7x coverage).
What is Tetra Tech current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TTEK's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: TTEK's dividend (0.64%) is low compared to the top 25% of dividend payers in the US market (4.66%).
Stability and Growth of Payments
Stable Dividend: TTEK is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: TTEK is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: TTEK is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TTEK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Batrack (62 yo)
Mr. Dan L. Batrack has been Chairman and Chief Executive Officer of Tetra Tech, Inc. since January 30, 2008 and November 17, 2005 respectively and served as its President since October 2008 until October 2 ...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD6.50M) is about average for companies of similar size in the US market ($USD7.31M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
|Chairman & CEO||14.92yrs||US$6.50m||0.39% |
|CFO, Executive VP & Treasurer||9.5yrs||US$1.89m||0.11% |
|Senior VP||2.92yrs||US$1.21m||0.0019% |
|Senior VP||2.92yrs||US$1.36m||0.0043% |
|Senior VP||9.33yrs||no data||0.010% |
|Senior VP & Chief Information Officer||13.83yrs||no data||0.069% |
|Senior Vice President of Corporate Administration||no data||US$1.01m||0.077% |
|Senior VP||2.75yrs||no data||0.0025% |
|Senior VP||11.08yrs||US$148.99k||0.15% |
|Senior Vice President of Enterprise Risk Management||1.92yrs||no data||no data|
|Senior Vice President of Disaster Recovery Practice||1yr||no data||no data|
Experienced Management: TTEK's management team is considered experienced (2.9 years average tenure).
|Chairman & CEO||14.92yrs||US$6.50m||0.39% |
|Chairman Emeritus||14.58yrs||US$703.32k||no data|
|Independent Presiding Director||no data||US$282.79k||0.042% |
|Independent Director||27.83yrs||US$254.29k||0.016% |
|Independent Director||32.67yrs||US$259.79k||0.13% |
|Independent Director||3.92yrs||US$259.29k||0.010% |
|Independent Director||6.92yrs||US$262.79k||0.060% |
|Independent Director||7.25yrs||US$259.79k||0.030% |
|Independent Director||2.25yrs||US$271.29k||0.0032% |
Experienced Board: TTEK's board of directors are seasoned and experienced ( 10 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tetra Tech, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Tetra Tech, Inc.
- Ticker: TTEK
- Exchange: NasdaqGS
- Founded: 1966
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: US$5.692b
- Shares outstanding: 53.89m
- Website: https://www.tetratech.com
Number of Employees
- Tetra Tech, Inc.
- 3475 East Foothill Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TTEK||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1991|
|TT6||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1991|
|TTEK *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Dec 1991|
Tetra Tech, Inc. provides consulting and engineering services worldwide. It operates through Government Services Group (GSG) and Commercial/International Services Group (CIG) segments. The GSG segment offe ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 00:20|
|End of Day Share Price||2020/10/19 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.