| 2013 | 2014 | 2015 | 2018 | 2019 (projected) | TTM Technologies Interest Expense | 23,830,000 | 59,753,000 | 76,008,000 | 68,407,200 | 43,966,395 | TTM Technologies Gross Profit | 194,689,000 | 310,137,000 | 423,615,000 | 381,253,500 | 461,930,000 |
A growth case for TTM Technologies
 | By Rifka Kats | Macroaxis Story |
This firm prevalent probability of bankruptcy is under 3.0 percent. We found thirty-six available drivers for TTM Technologies which can be compared to its competition. To make sure the equity is not overpriced, please validate all TTM Technologies fundamentals including its Price to Sales, Book Value Per Share, Working Capital, as well as the relationship between Cash and Equivalents and Number of Employees . Given that TTM Technologies has Number of Shares Shorted of 14.02M, we advise you double-check TTM Technologies current market performance to make sure the company can sustain itself for the next two years. Use TTM Technologies to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of TTM Technologies to be traded at $13.15 in 30 days.
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Reviewed by Ellen Johnson
TTM Technologies has beta of 2.5. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, TTM Technologies will likely underperform. TTM Technologies dividends can provide a clue to current valuation of the stock. The firm is not expected to issue dividends this year as it trying to preserve or re-invest any of the funds available for distribution to stakeholders. About 109.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.03. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TTM Technologies has Price/Earnings To Growth (PEG) ratio of 1.12. The entity had not issued any dividends in recent years.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TTM Technologies. Your research has to be compared to or analyzed against TTM Technologies' peers to derive any actionable benefits. When done correctly, TTM Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in TTM Technologies.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as TTM Technologies. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Predictive Modules for TTM Technologies
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TTM Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
How important is TTM Technologies's Liquidity
TTM Technologies financial leverage refers to using borrowed capital as a funding source to finance TTM Technologies ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. TTM Technologies financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to TTM Technologies' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of TTM Technologies' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between TTM Technologies's total debt and its cash.
TTM Technologies Gross Profit
TTM Technologies Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing TTM Technologies previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show TTM Technologies Gross Profit growth over the last 10 years. Please check TTM Technologies' gross profit and other fundamental indicators for more details.
Breaking it down
The company reported previous year revenue of 2.72B. Net Income was 79.66M with profit before overhead, payroll, taxes, and interest of 461.93M. The latest increase in of TTM Technologies short term price appreciation has created some momentum for investors as it was traded today as low as 11.95 and as high as 12.07 per share. The company directors and management have been quite successful with maneuvering the fund at opportune times to take advantage of all market conditions in September. The stock standard deviation of daily returns for 30 days (very short) investing horizon is currently 3.038. The above-average volatility is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from TTM Technologies partners. TTM Technologies is trading at 11.95. This is 1.01 percent up. Today lowest is 11.95. TTM Technologies Receivables Turnover is increasing over the last 5 years. The previous year value of TTM Technologies Receivables Turnover was 5.21. Also, TTM Technologies Interest Expense is nearly stable at the moment.
To conclude, we believe that at this point TTM Technologies is undervalued with very low odds of distress within the next 2 years. Our current buy/sell advice on the entity is Buy.
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