Stock Analysis
TTM Technologies IncTTMI
P/E 41.77×· 5Y range 12.10–147.34×· 60th percentile of history
Sector: Technology · Industry: Printed Circuit Boards
AnalystsStrong Buy11 analystsP/E 41.8× sits at the 60th percentile of its 5.0513347022587265-year history.
Cash covers 55% of debt · FY 2025.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Quality70
- Financial Health65
Risks
- Profitability49
Mixed picture — no clear quality or value edge.
Market context
-7.4% today· Z 1.6σ
Bull Case
- ✓Piotroski F-Score 8/9 — high earnings quality
- ✓Altman Z 4.5 — safe-zone balance sheet
What's happening with TTMI
Profile
moat, valuation and profitability lag behind.
How is each axis scored?
- Valuation37/100 · Weak
- P/E vs own history (60th pct)12/25
- FCF yield (-0.2%)0/25
- P/S (2.9x)20/25
- EV/EBIT (30.7x)5/25
- Growth62/100 · Moderate
- Revenue CAGR (6.6%)12/25
- Net income CAGR (34.4%)25/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (106.4%)25/25
- Profitability49/100 · Weak
- ROIC (12.1%)12/25
- ROE (13.4%)12/25
- Net margin (7.0%)13/25
- Operating margin (9.9%)12/25
- Financial Health65/100 · Moderate
- Altman Z (4.48)25/25
- Current ratio (1.93)18/25
- Interest coverage (2.3x)10/25
- Net cash / debt (D/A 11%)12/25
- Quality70/100 · Moderate
- Piotroski F (8/9)25/25
- Beneish M (-2.48)20/25
- FCF conversion (-6%)0/25
- Margin stability (σ 2.5%)25/25
- Moat30/100 · Weak
- ROIC >12% years (0/10 yrs)0/25
- Median gross margin (16.9%)0/25
- FCF-positive years (9/10 yrs)18/25
- Worst-year net margin (worst 1.4%)12/25
Risk Flags
- ⚠Negative FCF margin (-0.0%) — burning cash
- ⚠Interest coverage 2.3× — thin debt cushion
About TTM Technologies Inc
TTM Technologies Inc manufactures technology products, including mission systems, RF components, RF/microwave assemblies, and advanced interconnect products such as PCBs and substrates. Show more
It operates through three segments: A&D, Commercial, and RF&S Components. The A&D segment supports aerospace and defense missions with PCBs, assemblies, microelectronics, and integrated systems. The Commercial segment, generating the majority of revenue, serves automotive, medical, industrial, and data center markets. The RF&S Components segment provides TTM-designed RF components and COTS products. The Company's revenues come from PCBs, engineered systems, and long-term contracts for intelligence, surveillance, and communications solutions.
Headquarters: SANTA ANA, CA · Employees: 18,200 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
37DP/E (TTM)41.6xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 12.1x–147.3x · 60th pct
P/FCF133.1xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · CapEx exceeds operating cash flow (105% of OCF) — reported FCF understates normalized earning power in this investment phase
FCF Yield-0.2%D
Grade D: NegativeTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -0.2%–14.2% · 2nd pct · CapEx exceeds operating cash flow (105% of OCF) — reported FCF understates normalized earning power in this investment phase
P/S (TTM)2.92xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 0.5x–8.0x · 83rd pct
EV/EBIT30.7xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 10.5x–89.4x · 76th pct
EV/Sales3.2xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E20.2xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio5.59xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.31A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
CapEx exceeds OCF: CapEx exceeds operating cash flow (105% of OCF) — reported FCF understates normalized earning power in this investment phase
Profitability
49D+ROIC12.1%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE13.4%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA5.9%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin7.0%C
Grade C: AverageNet Income / Revenue
Operating Margin9.9%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin21.2%D
Grade D: LowGross Profit / Revenue
FCF Margin-0.4%D
Grade D: LowFCF / Revenue · CapEx exceeds operating cash flow (105% of OCF) — reported FCF understates normalized earning power in this investment phase
True FCF Margin-2.3%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · CapEx exceeds operating cash flow (105% of OCF) — reported FCF understates normalized earning power in this investment phase
Growth
62BRevenue CAGR6.6%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR34.4%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth106.4%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-3.3%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income25.9%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue1.8%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
65BAltman Z-Score4.48A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.93xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.44xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage2.3xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF · CapEx exceeds operating cash flow (105% of OCF) — reported FCF understates normalized earning power in this investment phase
Net Debt/EBIT1.2xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.52xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.55xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
70B+Piotroski F-Score8/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.48A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion-6.4%D
Grade D: PoorFCF / Net Income · CapEx exceeds operating cash flow (105% of OCF) — reported FCF understates normalized earning power in this investment phase
Margin Stability2.5%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue10.0%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.85xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Roks Edwin Filed | Roks Edwin | Tax withholding | -5331 | |
Roks Edwin Filed | Roks Edwin | BuyOpen market buy | +10.0K | |
BOEHLE DANIEL L. Filed | BOEHLE DANIEL L. | Tax withholding | -5890 | |
Geveden Rex D Filed | Geveden Rex D | BuyOpen market buy | +5.0K | |
Knecht Dale Martin Filed | Knecht Dale Martin | SellOpen market sale | -26198 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Weber Daniel J Filed | Weber Daniel J | Grant / award | +5.1K | |
Walsh James P Filed | Walsh James P | Grant / award | +5.3K | |
Soder Douglas L Filed | Soder Douglas L | Grant / award | +5.3K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
30DROIC >12% Years0/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)16.9%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years9/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor1.4%C
Grade C: ModerateWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.25
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$4.82
Cash & short-term investments per share (Finnhub)
Book Value / Share$18.36
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$912.34M
Total debt obligations (short + long term)
Cash & Equiv.$501.23M
Cash and short-term investments
Net Debt$411.10M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$1.76B
Shareholders' equity (book value)
Asset / Liability1.85xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$9.85B
Current Market Capitalization
Beta2.22D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: TTM Technologies Inc (TTMI)
TTMI is down 7.38% at the last close. TTM Technologies Inc meets 8 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 4.48 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk.
- Beneish M-Score of -2.48 suggests a low likelihood of earnings manipulation.
- Free-cash-flow margin is negative (-0%) — the business currently burns cash.
- Company has negative FCF, making debt repayment from operations difficult.
See how TTMI ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all TTMI moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 14 | Regular | 105.08 | -9.49% | -2.61 |
| Oct 14 | After-hours | 101.30 | -12.75% | -3.56 |
| Oct 12 | Regular | 110.05 | -9.06% | -3.20 |
| Oct 12 | After-hours | 110.38 | -8.78% | -3.10 |
| Oct 8 | Regular | 117.79 | -8.12% | -2.55 |
Frequently Asked Questions about TTMI
What is the current TTM Technologies Inc (TTMI) stock price?
TTMI is trading at $93.88 at the last market close, down 7.38% on the session. PreMarketPrice tracks TTMI pre-market, intraday and after-hours prices.
Is TTMI stock a buy right now?
PreMarketPrice's quantitative model rates TTM Technologies Inc's financial health at 65/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is TTMI stock overvalued?
TTM Technologies Inc trades at a trailing P/E of 41.6 and our valuation score rates it 37/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does TTM Technologies Inc report earnings?
No confirmed earnings date is currently scheduled for TTMI. The Earnings section lists recent reports and updates as dates are announced.
What sector does TTM Technologies Inc operate in?
TTM Technologies Inc operates in the Technology sector, within the Printed Circuit Boards industry. The Related Stocks section lists sector peers for comparison.
What does TTM Technologies Inc do?
TTM Technologies Inc manufactures technology products, including mission systems, RF components, RF/microwave assemblies, and advanced interconnect products such as PCBs and substrates.
About TTM Technologies Inc (TTMI) Stock
TTM Technologies Inc (TTMI) is a US-listed stock operating in the Technology sector, specifically the Printed Circuit Boards industry. As of the latest update, TTM Technologies Inc is trading at $93.88, down 7.38% on the day with a market capitalization of $9.8 billion. The financial health score for TTMI is 65/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for TTMI stock.
TTMI Stock Analysis & Key Metrics
On PreMarketPrice, you can track TTM Technologies Inc (TTMI) across multiple dimensions:
- Pre-market price & movement: Real-time TTMI stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for TTMI with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for TTM Technologies Inc across multiple reporting periods.
- Financial health score: A composite score of 65/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for TTMI.
- Sector peers: Compare TTMI against 6 other technology stocks on key financial metrics.
Is TTMI a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate TTM Technologies Inc (TTMI) as an investment. The financial health score of 65/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.TTM Technologies Inc (TTMI) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.