TTM Technologies (TTMI) versus The Competition Critical Analysis
TTM Technologies (NASDAQ: TTMI) is one of 24 publicly-traded companies in the “Integrated Circuits” industry, but how does it contrast to its rivals? We will compare TTM Technologies to related businesses based on the strength of its analyst recommendations, profitability, valuation, institutional ownership, risk, earnings and dividends.
Institutional and Insider Ownership
99.7% of TTM Technologies shares are owned by institutional investors. Comparatively, 59.9% of shares of all “Integrated Circuits” companies are owned by institutional investors. 28.4% of TTM Technologies shares are owned by insiders. Comparatively, 15.5% of shares of all “Integrated Circuits” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Valuation & Earnings
This table compares TTM Technologies and its rivals top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|TTM Technologies||$2.60 billion||$395.21 million||21.94|
|TTM Technologies Competitors||$619.23 million||$157.39 million||18.91|
TTM Technologies has higher revenue and earnings than its rivals. TTM Technologies is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
This table compares TTM Technologies and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|TTM Technologies Competitors||-7.63%||-8.60%||-2.87%|
Risk and Volatility
TTM Technologies has a beta of 1.56, suggesting that its stock price is 56% more volatile than the S&P 500. Comparatively, TTM Technologies’ rivals have a beta of 0.81, suggesting that their average stock price is 19% less volatile than the S&P 500.
This is a summary of recent ratings and target prices for TTM Technologies and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|TTM Technologies Competitors||71||400||934||58||2.67|
TTM Technologies presently has a consensus price target of $20.50, suggesting a potential upside of 29.75%. As a group, “Integrated Circuits” companies have a potential upside of 1.71%. Given TTM Technologies’ stronger consensus rating and higher probable upside, equities analysts plainly believe TTM Technologies is more favorable than its rivals.
TTM Technologies beats its rivals on 13 of the 13 factors compared.
About TTM Technologies
TTM Technologies, Inc. is a manufacturer of printed circuit board (PCB) products and is focused on technologically advanced PCBs and electro-mechanical solutions (E-M Solutions). As of January 2, 2017, the Company operated a total of 25 specialized facilities in North America and China. The Company’s segments include PCB, E-M Solutions and Corporate. As of January 2, 2017, the PCB segment included 13 domestic PCB fabrication plants, including a facility that provides follow-on value-added services primarily for one of the PCB fabrication plants; eight PCB fabrication plants in China and one in Canada. As of January 2, 2017, the E-M Solutions included three custom electronic assembly plants in China. The Company offers a range of PCB products, including conventional PCBs, high density interconnect (HDI) PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, and integrated circuits (IC) substrates.
Receive News & Ratings for TTM Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTM Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.