(TTMI) TTM Technologies - Overview

Sector: Technology | Industry: Electronic Components | Exchange: NASDAQ (USA) | Market Cap: 20.453m USD | Total Return: 526.8% in 12m

Printed Circuit Boards, RF Components, Radar Systems, Integrated Assemblies
Total Rating 72
Safety 88
Buy Signal 2.09
Electronic Components
Industry Rotation: -0.6
Market Cap: 20.5B
Avg Turnover: 378M
Risk 3d forecast
Volatility73.9%
VaR 5th Pctl11.8%
VaR vs Median-2.97%
Reward TTM
Sharpe Ratio2.88
Rel. Str. IBD98.9
Rel. Str. Peer Group96.7
Character TTM
Beta2.366
Beta Downside1.834
Hurst Exponent0.447
Drawdowns 3y
Max DD34.24%
CAGR/Max DD4.18
CAGR/Mean DD19.12
EPS (Earnings per Share) EPS (Earnings per Share) of TTMI over the last years for every Quarter: "2021-03": 0.23, "2021-06": 0.36, "2021-09": 0.34, "2021-12": 0.34, "2022-03": 0.24, "2022-06": 0.54, "2022-09": 0.56, "2022-12": 0.41, "2023-03": 0.18, "2023-06": 0.32, "2023-09": 0.43, "2023-12": 0.41, "2024-03": 0.31, "2024-06": 0.39, "2024-09": 0.41, "2024-12": 0.6, "2025-03": 0.5, "2025-06": 0.58, "2025-09": 0.67, "2025-12": 0.7, "2026-03": 0.75,
EPS CAGR: 29.64%
EPS Trend: 95.2%
Last SUE: 1.91
Qual. Beats: 1
Revenue Revenue of TTMI over the last years for every Quarter: 2021-03: 526.432, 2021-06: 567.383, 2021-09: 556.784, 2021-12: 598.141, 2022-03: 581.26, 2022-06: 625.55, 2022-09: 671.08, 2022-12: 617.156, 2023-03: 544.437, 2023-06: 546.509, 2023-09: 572.582, 2023-12: 569.039, 2024-03: 570.113, 2024-06: 605.137, 2024-09: 616.538, 2024-12: 650.965, 2025-03: 648.668, 2025-06: 730.621, 2025-09: 752.736, 2025-12: 774.32, 2026-03: 845.976,
Rev. CAGR: 11.42%
Rev. Trend: 90.4%
Last SUE: 3.70
Qual. Beats: 5

Warnings

P/E ratio 107.6

Tailwinds

Supp Ema20, Rs Leader, Idiosyncratic Leader, Tailwind, Pullback 52w, Confidence

Description: TTMI TTM Technologies

TTM Technologies, Inc. (TTMI) is a global manufacturer specializing in mission systems, radio frequency (RF) components, and printed circuit boards (PCBs). The company operates through three primary segments-Aerospace & Defense (A&D), Commercial, and RF&S Components-serving diverse end markets including automotive, medical, and data center computing. Its portfolio includes advanced radar systems, unmanned aerial vehicle (UAV) communications, and high-reliability multi-chip modules.

As a provider of Electronic Manufacturing Services (EMS), TTM Technologies utilizes a vertically integrated business model that spans from initial PCB layout and design-for-manufacturability to specialized assembly and testing. The company maintains a strategic focus on high-mix, low-volume production, which is a common characteristic of the aerospace and defense sector where precision and mission-critical reliability are prioritized over mass-market scale. This positioning allows the firm to support complex platforms such as the MH-60R/S multi-mission helicopter and various maritime surveillance programs.

For a detailed analysis of the companys valuation metrics and historical performance, consider reviewing the latest data on ValueRay. Founded in 1978 and headquartered in Santa Ana, California, TTM Technologies continues to expand its footprint in advanced air mobility and counter-UAS technologies under its MOSAIC brand.

Headlines to Watch Out For
  • Aerospace and defense spending levels dictate long-term revenue growth and contract backlog
  • Military modernization programs drive demand for advanced RF and microwave assemblies
  • Global semiconductor supply chain shifts impact demand for high-end IC substrates
  • Automotive and data center infrastructure cycles influence commercial segment profit margins
Piotroski VR-10 (Strict) 7.5
Net Income: 195.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.00 > 0.02 and ΔFCF/TA 0.21 > 1.0
NWC/Revenue: 28.94% < 20% (prev 32.52%; Δ -3.57% < -1%)
CFO/TA 0.08 > 3% & CFO 324.3m > Net Income 195.3m
Net Debt (772.9m) to EBITDA (424.7m): 1.82 < 3
Current Ratio: 1.88 > 1.5 & < 3
Outstanding Shares: last quarter (107.1m) vs 12m ago 2.44% < -2%
Gross Margin: 20.48% > 18% (prev 0.20%; Δ 2.03k% > 0.5%)
Asset Turnover: 83.48% > 50% (prev 72.98%; Δ 10.50% > 0%)
Interest Coverage Ratio: 6.24 > 6 (EBITDA TTM 424.7m / Interest Expense TTM 44.5m)
Altman Z'' 3.36
A: 0.23 (Total Current Assets 1.91b - Total Current Liabilities 1.02b) / Total Assets 3.98b
B: 0.27 (Retained Earnings 1.07b / Total Assets 3.98b)
C: 0.07 (EBIT TTM 277.5m / Avg Total Assets 3.72b)
D: 0.48 (Book Value of Equity 1.04b / Total Liabilities 2.14b)
Altman-Z'' = 3.36 = A
Beneish M -2.95
DSRI: 1.05 (Receivables 1.13b/874.4m, Revenue 3.10b/2.52b)
GMI: 0.98 (GM 20.48% / 20.01%)
AQI: 0.86 (AQ_t 0.23 / AQ_t-1 0.26)
SGI: 1.23 (Revenue 3.10b / 2.52b)
TATA: -0.03 (NI 195.3m - CFO 324.3m) / TA 3.98b)
Beneish M = -2.95 (Cap -4..+1) = A
What is the price of TTMI shares?

As of May 30, 2026, the stock is trading at USD 187.79 with a total of 3,287,382 shares traded.
Over the past week, the price has changed by +10.88%, over one month by +36.49%, over three months by +80.15% and over the past year by +526.80%.

Is TTMI a buy, sell or hold?

TTM Technologies has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy TTMI.

  • StrongBuy: 3
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the TTMI price?
Analysts Target Price 174.3 -7.2%
TTM Technologies (TTMI) - Fundamental Data Overview as of 28 May 2026
Market Cap USD = 20.5b (20.5b USD * 1.0 USD.USD)
P/E Trailing = 107.623
P/E Forward = 5.6243
P/S = 6.5901
P/B = 11.1323
P/EG = 0.3601
Revenue TTM = 3.10b USD
EBIT TTM = 277.5m USD
EBITDA TTM = 424.7m USD
Long Term Debt = 911.8m USD (from longTermDebt, last quarter)
Short Term Debt = 14.1m USD (from shortTermDebt, last quarter)
Debt = 1.18b USD (from shortLongTermDebtTotal, last quarter) + Leases 133.6m
Net Debt = 772.9m USD (calculated: Debt 1.18b - CCE 410.0m)
Enterprise Value = 21.2b USD (20.5b + Debt 1.18b - CCE 410.0m)
Interest Coverage Ratio = 6.24 (Ebit TTM 277.5m / Interest Expense TTM 44.5m)
EV/FCF = -1000.0x (Enterprise Value 21.2b / FCF TTM -11.8m)
FCF Yield = -0.06% (FCF TTM -11.8m / Enterprise Value 21.2b)
FCF Margin = -0.38% (FCF TTM -11.8m / Revenue TTM 3.10b)
Net Margin = 6.29% (Net Income TTM 195.3m / Revenue TTM 3.10b)
Gross Margin = 20.48% ((Revenue TTM 3.10b - Cost of Revenue TTM 2.47b) / Revenue TTM)
Gross Margin QoQ = 20.78% (prev 20.01%)
Tobins Q-Ratio = 5.33 (Enterprise Value 21.2b / Total Assets 3.98b)
Interest Expense / Debt = 3.76% (Interest Expense 44.5m / Debt 1.18b)
Taxrate = 14.59% (8.54m / 58.5m)
NOPAT = 237.0m (EBIT 277.5m * (1 - 14.59%))
Current Ratio = 1.88 (Total Current Assets 1.91b / Total Current Liabilities 1.02b)
Debt / Equity = 0.64 (Debt 1.18b / totalStockholderEquity, last quarter 1.84b)
Debt / EBITDA = 1.82 (Net Debt 772.9m / EBITDA 424.7m)
 Debt / FCF = -65.41 (negative FCF - burning cash) (Net Debt 772.9m / FCF TTM -11.8m)
 Total Stockholder Equity = 1.73b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.25% (Net Income 195.3m / Total Assets 3.98b)
RoE = 11.26% (Net Income TTM 195.3m / Total Stockholder Equity 1.73b)
RoCE = 10.48% (EBIT 277.5m / Capital Employed (Equity 1.73b + L.T.Debt 911.8m))
RoIC = 8.04% (NOPAT 237.0m / Invested Capital 2.95b)
WACC = 13.69% (E(20.5b)/V(21.6b) * Re(14.30%) + D(1.18b)/V(21.6b) * Rd(3.76%) * (1-Tc(0.15)))
Discount Rate = 14.30% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 68.89 | Cagr: 1.18%
 [DCF] Fair Price = unknown (Cash Flow -11.8m)
 EPS Correlation: 95.18 | EPS CAGR: 29.64% | SUE: 1.91 | # QB: 1
Revenue Correlation: 90.39 | Revenue CAGR: 11.42% | SUE: 3.70 | # QB: 5
EPS current Quarter (2026-06-30): EPS=0.88 | Chg30d=+18.98% | Revisions=+50% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.97 | Chg30d=+15.18% | Revisions=+50% | Analysts=4
EPS current Year (2026-12-31): EPS=3.66 | Chg30d=+14.10% | Revisions=+50% | GrowthEPS=+48.9% | GrowthRev=+32.2%
EPS next Year (2027-12-31): EPS=5.20 | Chg30d=+15.76% | Revisions=+50% | GrowthEPS=+41.9% | GrowthRev=+17.9%
[Analyst] Revisions Ratio: +50%