TTM Technologies, Inc., together with its subsidiaries, manufactures and sells printed circuit boards (PCBs) worldwide. More Details
Adequate balance sheet and fair value.
Share Price & News
How has TTM Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TTMI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: TTMI's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TTMI underperformed the US Electronic industry which returned 56.7% over the past year.
Return vs Market: TTMI underperformed the US Market which returned 42.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TTM Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StEstimating The Fair Value Of TTM Technologies, Inc. (NASDAQ:TTMI)
1 month ago | Simply Wall StHave Insiders Sold TTM Technologies, Inc. (NASDAQ:TTMI) Shares Recently?
3 months ago | Simply Wall StWhen Should You Buy TTM Technologies, Inc. (NASDAQ:TTMI)?
Is TTM Technologies undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TTMI ($14.36) is trading below our estimate of fair value ($18.03)
Significantly Below Fair Value: TTMI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TTMI is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: TTMI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TTMI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TTMI is good value based on its PB Ratio (1.1x) compared to the US Electronic industry average (2.9x).
How is TTM Technologies 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: TTMI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: TTMI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TTMI's is expected to become profitable in the next 3 years.
Revenue vs Market: TTMI's revenue (3.9% per year) is forecast to grow slower than the US market (9.5% per year).
High Growth Revenue: TTMI's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TTMI's Return on Equity is forecast to be low in 3 years time (8.5%).
How has TTM Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TTMI is currently unprofitable.
Growing Profit Margin: TTMI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TTMI is unprofitable, and losses have increased over the past 5 years at a rate of 10.2% per year.
Accelerating Growth: Unable to compare TTMI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TTMI is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (14.1%).
Return on Equity
High ROE: TTMI has a negative Return on Equity (-1.13%), as it is currently unprofitable.
How is TTM Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: TTMI's short term assets ($1.3B) exceed its short term liabilities ($509.2M).
Long Term Liabilities: TTMI's short term assets ($1.3B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: TTMI's debt to equity ratio (65.1%) is considered high.
Reducing Debt: TTMI's debt to equity ratio has reduced from 134.6% to 65.1% over the past 5 years.
Debt Coverage: TTMI's debt is well covered by operating cash flow (32%).
Interest Coverage: TTMI is unprofitable, therefore interest payments are not well covered by earnings.
What is TTM Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TTMI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TTMI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TTMI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TTMI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TTMI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Edman (58 yo)
Mr. Thomas T. Edman, also known as Tom, served as Chief Executive Officer of SmartWorks at Techstep ASA. Mr. Edman has been the Chief Executive Officer of TTM Technologies Inc. since January 1, 2014 and it...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD2.61M) is about average for companies of similar size in the US market ($USD3.69M).
Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.
Experienced Management: TTMI's management team is seasoned and experienced (5.3 years average tenure).
Experienced Board: TTMI's board of directors are seasoned and experienced ( 10.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TTMI 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.
TTM Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: TTM Technologies, Inc.
- Ticker: TTMI
- Exchange: NasdaqGS
- Founded: 1978
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$1.539b
- Shares outstanding: 107.19m
- Website: https://www.ttm.com
Number of Employees
- TTM Technologies, Inc.
- 200 East Sandpointe
- Suite 400
- Santa Ana
- United States
TTM Technologies, Inc., together with its subsidiaries, manufactures and sells printed circuit boards (PCBs) worldwide. It operates PCB and RF&S Components segments. The company offers a range of PCB produ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 03:19|
|End of Day Share Price||2021/06/23 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.