Tetra Enterprise Value vs Receivables Turnover Analysis

TTEK Stock  USD 186.83  0.34  0.18%   
Tetra Tech financial indicator trend analysis is much more than just breaking down Tetra Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tetra Tech is a good investment. Please check the relationship between Tetra Tech Enterprise Value and its Receivables Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.

Enterprise Value vs Receivables Turnover

Enterprise Value vs Receivables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tetra Tech Enterprise Value account and Receivables Turnover. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tetra Tech's Enterprise Value and Receivables Turnover is 0.51. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Receivables Turnover in the same time period over historical financial statements of Tetra Tech, assuming nothing else is changed. The correlation between historical values of Tetra Tech's Enterprise Value and Receivables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Tetra Tech are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Enterprise Value i.e., Tetra Tech's Enterprise Value and Receivables Turnover go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Enterprise Value

Enterprise Value (or EV) is usually referred to as Tetra Tech theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Tetra Tech debt, but would also pocket its cash. Enterprise Value is more accurate representation of Tetra Tech value than its market capitalization because it takes into account all of Tetra Tech existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Receivables Turnover

Most indicators from Tetra Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tetra Tech current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.At this time, Tetra Tech's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 154 M this year, although Enterprise Value Multiple will most likely fall to 13.18.
 2021 2022 2023 2024 (projected)
Gross Profit575.6M725.0M833.8M875.5M
Total Revenue3.5B4.5B5.2B5.5B

Tetra Tech fundamental ratios Correlations

0.950.980.990.950.840.930.960.450.790.990.890.790.950.40.960.84-0.450.990.840.950.680.80.990.490.45
0.950.940.940.820.841.00.910.250.680.980.880.680.840.171.00.72-0.570.980.840.830.70.810.970.250.22
0.980.941.00.920.880.920.980.380.730.980.920.730.910.310.940.87-0.550.980.880.910.730.750.980.40.37
0.990.941.00.930.860.920.980.430.770.980.920.770.930.340.940.87-0.530.980.860.940.730.730.980.440.4
0.950.820.920.930.780.770.910.60.860.910.770.860.970.640.830.87-0.230.890.780.970.60.730.910.710.69
0.840.840.880.860.780.830.870.090.660.870.830.660.680.170.80.88-0.60.841.00.720.940.590.840.260.23
0.931.00.920.920.770.830.880.190.60.960.860.60.790.10.990.67-0.590.970.830.780.680.820.960.190.16
0.960.910.980.980.910.870.880.420.810.950.950.810.910.310.90.91-0.610.950.870.930.780.620.950.410.36
0.450.250.380.430.60.090.190.420.620.340.280.620.670.810.30.360.230.360.090.66-0.020.280.390.810.79
0.790.680.730.770.860.660.60.810.620.720.711.00.860.630.680.79-0.230.740.660.90.580.440.730.690.65
0.990.980.980.980.910.870.960.950.340.720.880.720.90.30.980.81-0.510.990.870.90.70.831.00.380.36
0.890.880.920.920.770.830.860.950.280.710.880.710.810.090.870.83-0.770.910.830.820.80.510.890.190.14
0.790.680.730.770.860.660.60.810.621.00.720.710.860.630.680.79-0.230.740.660.90.580.440.730.690.65
0.950.840.910.930.970.680.790.910.670.860.90.810.860.60.860.78-0.270.910.680.990.530.70.920.680.64
0.40.170.310.340.640.170.10.310.810.630.30.090.630.60.20.380.520.270.170.610.040.310.310.991.0
0.961.00.940.940.830.80.990.90.30.680.980.870.680.860.20.71-0.530.990.80.850.640.840.980.290.26
0.840.720.870.870.870.880.670.910.360.790.810.830.790.780.380.71-0.490.790.880.830.80.470.80.450.42
-0.45-0.57-0.55-0.53-0.23-0.6-0.59-0.610.23-0.23-0.51-0.77-0.23-0.270.52-0.53-0.49-0.54-0.6-0.29-0.7-0.1-0.490.430.49
0.990.980.980.980.890.840.970.950.360.740.990.910.740.910.270.990.79-0.540.840.90.690.81.00.360.33
0.840.840.880.860.781.00.830.870.090.660.870.830.660.680.170.80.88-0.60.840.720.940.590.840.260.23
0.950.830.910.940.970.720.780.930.660.90.90.820.90.990.610.850.83-0.290.90.720.570.670.910.680.65
0.680.70.730.730.60.940.680.78-0.020.580.70.80.580.530.040.640.8-0.70.690.940.570.310.670.110.07
0.80.810.750.730.730.590.820.620.280.440.830.510.440.70.310.840.47-0.10.80.590.670.310.830.360.37
0.990.970.980.980.910.840.960.950.390.731.00.890.730.920.310.980.8-0.491.00.840.910.670.830.40.37
0.490.250.40.440.710.260.190.410.810.690.380.190.690.680.990.290.450.430.360.260.680.110.360.40.99
0.450.220.370.40.690.230.160.360.790.650.360.140.650.641.00.260.420.490.330.230.650.070.370.370.99
Click cells to compare fundamentals

Tetra Tech Account Relationship Matchups

Tetra Tech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.6B2.6B3.8B4.4B4.6B
Short Long Term Debt Total553.3M454.2M462.9M1.1B1.3B1.3B
Other Current Liab390.8M449.4M456.9M619.8M712.8M748.4M
Total Current Liabilities793.5M848.5M916.0M1.2B1.4B1.4B
Total Stockholder Equity1.0B1.2B1.2B1.4B1.6B1.7B
Property Plant And Equipment Net274.9M253.2M214.6M250.8M288.4M302.8M
Net Debt395.7M287.7M277.8M920.4M1.1B1.1B
Retained Earnings1.2B1.4B1.4B1.6B1.8B1.9B
Accounts Payable111.8M128.8M147.4M173.3M199.3M121.1M
Cash157.5M166.6M185.1M168.8M194.2M203.9M
Non Current Assets Total1.4B1.5B1.5B2.5B2.8B3.0B
Non Currrent Assets Other57.0M53.2M58.0M70.5M81.1M85.1M
Cash And Short Term Investments157.5M166.6M185.1M168.8M194.2M203.9M
Net Receivables761.2M787.0M857.7M1.1B1.3B1.3B
Common Stock Shares Outstanding55.0M54.7M54.2M53.6M61.7M57.2M
Liabilities And Stockholders Equity2.4B2.6B2.6B3.8B4.4B4.6B
Non Current Liabilities Total547.7M493.8M523.6M1.2B1.4B1.5B
Other Current Assets81.1M112.3M115.4M89.1M102.5M107.6M
Other Stockholder Equity78.1M54K53K50K57.5K54.6K
Total Liab1.3B1.3B1.4B2.4B2.8B2.9B
Property Plant And Equipment Gross274.9M253.2M214.6M250.8M288.4M302.8M
Total Current Assets999.8M1.1B1.2B1.4B1.6B1.6B
Accumulated Other Comprehensive Income(161.8M)(125.0M)(208.1M)(195.3M)(175.8M)(167.0M)
Short Term Debt118.9M80.0M70.4M65.0M74.8M78.5M
Intangible Assets13.9M38.0M29.2M173.9M156.5M164.4M
Good Will993.5M1.1B1.1B1.9B2.2B2.3B
Common Stock Total Equity546K538K540K530K609.5K585.6K
Common Stock538K540K530K532K611.8K585.8K
Other Assets20K(2K)78K(38K)(34.2K)(32.5K)
Long Term Debt242.4M200M246.3M879.5M1.0B1.1B
Property Plant Equipment39.4M35.5M253.2M214.6M246.8M259.2M
Current Deferred Revenue171.9M190.4M241.3M335.0M301.5M286.5M
Other Liab124.1M113.4M119.5M131.1M150.8M158.3M
Net Tangible Assets48.0M221.8M87.7M43.5M39.2M37.2M
Long Term Debt Total263.9M242.4M200M246.3M283.2M238.3M

Tetra Tech Investors Sentiment

The influence of Tetra Tech's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Tetra. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Tetra Tech's public news can be used to forecast risks associated with an investment in Tetra. The trend in average sentiment can be used to explain how an investor holding Tetra can time the market purely based on public headlines and social activities around Tetra Tech. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tetra Tech's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tetra Tech's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Tetra Tech's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Tetra Tech.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tetra Tech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tetra Tech's short interest history, or implied volatility extrapolated from Tetra Tech options trading.

Currently Active Assets on Macroaxis

When determining whether Tetra Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tetra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tetra Tech Stock. Highlighted below are key reports to facilitate an investment decision about Tetra Tech Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.
Note that the Tetra Tech information on this page should be used as a complementary analysis to other Tetra Tech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running Tetra Tech's price analysis, check to measure Tetra Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tetra Tech is operating at the current time. Most of Tetra Tech's value examination focuses on studying past and present price action to predict the probability of Tetra Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tetra Tech's price. Additionally, you may evaluate how the addition of Tetra Tech to your portfolios can decrease your overall portfolio volatility.
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Is Tetra Tech's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tetra Tech. If investors know Tetra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tetra Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.36)
Dividend Share
1.01
Earnings Share
4.32
Revenue Per Share
75.654
Quarterly Revenue Growth
0.378
The market value of Tetra Tech is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Tech's value that differs from its market value or its book value, called intrinsic value, which is Tetra Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tetra Tech's market value can be influenced by many factors that don't directly affect Tetra Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.