(TIMB) TIM Participacoes - Overview
Sector: Communication Services | Industry: Telecom Services | Exchange: NYSE (USA) | Market Cap: 10.687m USD | Total Return: 35.6% in 12m
Avg Turnover: 6.90M
EPS Trend: 93.7%
Qual. Beats: 0
Rev. Trend: 99.4%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
TIM S.A. is a Brazilian telecommunications provider based in Rio de Janeiro, operating as a subsidiary of TIM Brasil Serviços e Participações S.A. The company provides a comprehensive suite of services including mobile voice and data, fixed-line telephony, and multimedia communication solutions across local, national, and international markets.
Operating within the wireless telecommunication services sector, the company utilizes a capital-intensive business model that requires significant infrastructure investment to maintain network coverage across Brazils vast geography. The Brazilian telecom market is characterized by high mobile penetration rates and a competitive landscape dominated by a few major integrated players.
Investors can evaluate the company’s long-term valuation metrics and dividend history on ValueRay. This firm remains a central participant in the ongoing expansion of 4G and 5G connectivity throughout South America.
- Post-Oi mobile asset integration drives subscriber growth and market share expansion
- High interest rates in Brazil increase debt servicing costs and capital expenditure
- Growth in 5G infrastructure deployment accelerates high-margin data revenue
- Regulatory shifts in Brazilian telecommunications impact spectrum licensing and operating margins
- Real currency fluctuations against the US dollar affect international investor returns
| Net Income: 4.33b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA 0.35 > 1.0 |
| NWC/Revenue: -4.79% < 20% (prev -6.88%; Δ 2.09% < -1%) |
| CFO/TA 0.24 > 3% & CFO 13.6b > Net Income 4.33b |
| Net Debt (24.8b) to EBITDA (13.9b): 1.78 < 3 |
| Current Ratio: 0.92 > 1.5 & < 3 |
| Outstanding Shares: last quarter (477.9m) vs 12m ago -1.30% < -2% |
| Gross Margin: 54.05% > 18% (prev 0.53%; Δ 5.35k% > 0.5%) |
| Asset Turnover: 47.33% > 50% (prev 45.60%; Δ 1.73% > 0%) |
| Interest Coverage Ratio: 2.68 > 6 (EBITDA TTM 13.9b / Interest Expense TTM 2.81b) |
| A: -0.02 (Total Current Assets 14.1b - Total Current Liabilities 15.4b) / Total Assets 57.8b |
| B: 0.01 (Retained Earnings 427.1m / Total Assets 57.8b) |
| C: 0.13 (EBIT TTM 7.54b / Avg Total Assets 57.1b) |
| D: 0.73 (Book Value of Equity 24.5b / Total Liabilities 33.4b) |
| Altman-Z'' = 1.53 = BB |
| DSRI: 1.00 (Receivables 6.36b/6.04b, Revenue 27.0b/25.7b) |
| GMI: 0.97 (GM 54.05% / 52.53%) |
| AQI: 0.98 (AQ_t 0.35 / AQ_t-1 0.36) |
| SGI: 1.05 (Revenue 27.0b / 25.7b) |
| TATA: -0.16 (NI 4.33b - CFO 13.6b) / TA 57.8b) |
| Beneish M = -3.19 (Cap -4..+1) = AA |
As of May 30, 2026, the stock is trading at USD 22.02 with a total of 263,369 shares traded.
Over the past week, the price has changed by -1.15%,
over one month by -12.46%,
over three months by -18.46% and
over the past year by +35.58%.
TIM Participacoes has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy TIMB.
- StrongBuy: 3
- Buy: 3
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 26.2 | 19.2% |
Market Cap BRL = 53.9b (10.7b USD * 5.039 USD.BRL)
P/E Trailing = 12.4972
P/E Forward = 10.02
P/S = 0.3953
P/B = 2.1946
P/EG = 1.3702
Revenue TTM = 27.0b BRL
EBIT TTM = 7.54b BRL
EBITDA TTM = 13.9b BRL
Long Term Debt = 1.85b BRL (from longTermDebt, last quarter)
Short Term Debt = 2.62b BRL (from shortTermDebt, last quarter)
Debt = 30.6b BRL (from shortLongTermDebtTotal, last quarter) + Leases 13.9b
Net Debt = 24.8b BRL (calculated: Debt 30.6b - CCE 5.87b)
Enterprise Value = 78.6b BRL (53.9b + Debt 30.6b - CCE 5.87b)
Interest Coverage Ratio = 2.68 (Ebit TTM 7.54b / Interest Expense TTM 2.81b)
EV/FCF = 8.68x (Enterprise Value 78.6b / FCF TTM 9.05b)
FCF Yield = 11.51% (FCF TTM 9.05b / Enterprise Value 78.6b)
FCF Margin = 33.49% (FCF TTM 9.05b / Revenue TTM 27.0b)
Net Margin = 16.02% (Net Income TTM 4.33b / Revenue TTM 27.0b)
Gross Margin = 54.05% ((Revenue TTM 27.0b - Cost of Revenue TTM 12.4b) / Revenue TTM)
Gross Margin QoQ = 52.37% (prev 55.64%)
Tobins Q-Ratio = 1.36 (Enterprise Value 78.6b / Total Assets 57.8b)
Interest Expense / Debt = 9.18% (Interest Expense 2.81b / Debt 30.6b)
Taxrate = 17.02% (167.6m / 984.7m)
NOPAT = 6.26b (EBIT 7.54b * (1 - 17.02%))
Current Ratio = 0.92 (Total Current Assets 14.1b / Total Current Liabilities 15.4b)
Debt / Equity = 1.25 (Debt 30.6b / totalStockholderEquity, last quarter 24.4b)
Debt / EBITDA = 1.78 (Net Debt 24.8b / EBITDA 13.9b)
Debt / FCF = 2.74 (Net Debt 24.8b / FCF TTM 9.05b)
Total Stockholder Equity = 24.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.58% (Net Income 4.33b / Total Assets 57.8b)
RoE = 17.55% (Net Income TTM 4.33b / Total Stockholder Equity 24.7b)
RoCE = 28.41% (EBIT 7.54b / Capital Employed (Equity 24.7b + L.T.Debt 1.85b))
RoIC = 13.91% (NOPAT 6.26b / Invested Capital 45.0b)
WACC = 8.03% (E(53.9b)/V(84.5b) * Re(8.26%) + D(30.6b)/V(84.5b) * Rd(9.18%) * (1-Tc(0.17)))
Discount Rate = 8.26% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -37.78 | Cagr: -0.16%
[DCF] Terminal Value 76.04% ; FCFF base≈8.89b ; Y1≈9.28b ; Y5≈10.6b
[DCF] Fair Price = 290.8 (EV 164b - Net Debt 24.8b = Equity 139b / Shares 477.7m; r=8.35% [WACC [floored]]; 5y FCF grow 4.71% → 2.50% )
EPS Correlation: 93.73 | EPS CAGR: 22.65% | SUE: -0.50 | # QB: 0
Revenue Correlation: 99.38 | Revenue CAGR: 5.99% | SUE: 0.02 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.46 | Chg30d=-6.70% | Revisions=+0% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.52 | Chg30d=+1.46% | Revisions=+33% | Analysts=4
EPS current Year (2026-12-31): EPS=1.87 | Chg30d=+1.35% | Revisions=+14% | GrowthEPS=+8.5% | GrowthRev=+5.4%
EPS next Year (2027-12-31): EPS=2.19 | Chg30d=+12.18% | Revisions=+20% | GrowthEPS=+17.6% | GrowthRev=+4.0%
[Analyst] Revisions Ratio: +33%