TETRA Technologies, Inc.

NYSE:TTI Stock Report

Market Cap: US$523.3m

TETRA Technologies Valuation

Is TTI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TTI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TTI ($4.04) is trading below our estimate of fair value ($32.02)

Significantly Below Fair Value: TTI is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TTI?

Key metric: As TTI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TTI. This is calculated by dividing TTI's market cap by their current earnings.
What is TTI's PE Ratio?
PE Ratio74.4x
EarningsUS$7.15m
Market CapUS$523.29m

Price to Earnings Ratio vs Peers

How does TTI's PE Ratio compare to its peers?

The above table shows the PE ratio for TTI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.7x
RNGR Ranger Energy Services
25.3xn/aUS$368.6m
NR Newpark Resources
20.3x5.4%US$640.1m
PHIG PHI Group
5.6xn/aUS$565.2m
NESR National Energy Services Reunited
15.7x40.0%US$821.5m
TTI TETRA Technologies
74.4x55.5%US$523.3m

Price-To-Earnings vs Peers: TTI is expensive based on its Price-To-Earnings Ratio (74.4x) compared to the peer average (16.7x).

Price to Earnings Ratio vs Industry

How does TTI's PE Ratio compare vs other companies in the US Energy Services Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NCSM NCS Multistage Holdings
1.4x-107.5%US$60.06m
BASX.Q Basic Energy Services
n/an/aUS$24.00
No more companies available in this PE range
TTI 74.4xIndustry Avg. 15.4xNo. of Companies7PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TTI is expensive based on its Price-To-Earnings Ratio (74.4x) compared to the US Energy Services industry average (15.4x).

Price to Earnings Ratio vs Fair Ratio

What is TTI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TTI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio74.4x
Fair PE Ratio21x

Price-To-Earnings vs Fair Ratio: TTI is expensive based on its Price-To-Earnings Ratio (74.4x) compared to the estimated Fair Price-To-Earnings Ratio (21x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TTI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$4.04
US$6.92
+71.2%
23.0%US$10.00US$5.00n/a6
Nov ’25US$3.28
US$6.75
+105.8%
11.9%US$8.00US$5.50n/a6
Oct ’25US$3.17
US$7.42
+134.0%
11.3%US$8.50US$6.00n/a6
Sep ’25US$3.18
US$7.42
+133.2%
11.3%US$8.50US$6.00n/a6
Aug ’25US$3.60
US$7.42
+106.0%
11.3%US$8.50US$6.00n/a6
Jul ’25US$3.35
US$7.42
+121.4%
11.3%US$8.50US$6.00n/a6
Jun ’25US$3.71
US$7.42
+99.9%
11.3%US$8.50US$6.00n/a6
May ’25US$3.70
US$7.50
+102.7%
12.8%US$9.00US$6.00n/a6
Apr ’25US$4.51
US$7.50
+66.3%
12.8%US$9.00US$6.00n/a6
Mar ’25US$3.95
US$7.50
+89.9%
12.8%US$9.00US$6.00n/a6
Feb ’25US$4.24
US$7.80
+84.0%
9.6%US$9.00US$7.00n/a5
Jan ’25US$4.52
US$7.80
+72.6%
9.6%US$9.00US$7.00n/a5
Dec ’24US$4.77
US$7.80
+63.5%
9.6%US$9.00US$7.00n/a5
Nov ’24US$4.77
US$7.80
+63.5%
9.6%US$9.00US$7.00US$3.285
Oct ’24US$6.38
US$7.60
+19.1%
6.4%US$8.00US$7.00US$3.175
Sep ’24US$5.73
US$7.50
+30.9%
6.7%US$8.00US$7.00US$3.184
Aug ’24US$5.01
US$7.25
+44.7%
6.0%US$8.00US$7.00US$3.604
Jul ’24US$3.38
US$7.00
+107.1%
10.1%US$8.00US$6.00US$3.354
Jun ’24US$2.66
US$7.00
+163.2%
10.1%US$8.00US$6.00US$3.714
May ’24US$2.91
US$7.00
+140.5%
10.1%US$8.00US$6.00US$3.704
Apr ’24US$2.65
US$7.00
+164.2%
10.1%US$8.00US$6.00US$4.514
Mar ’24US$3.40
US$7.13
+109.6%
12.5%US$8.50US$6.00US$3.954
Feb ’24US$3.95
US$7.25
+83.5%
15.0%US$9.00US$6.00US$4.244
Jan ’24US$3.46
US$7.25
+109.5%
15.0%US$9.00US$6.00US$4.524
Dec ’23US$3.73
US$7.25
+94.4%
15.0%US$9.00US$6.00US$4.774
Nov ’23US$4.04
US$7.00
+73.3%
17.5%US$9.00US$6.00US$4.774

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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