Overview Dividends

(TIMB) TIM Participacoes - Ratings and Ratios

Exchange: NYSE • Country: Brazil • Currency: USD • Type: Common Stock • ISIN: US88706T1088

Mobile, Fixed, Data, Broadband, Long-Distance

Wireless Telecommunication Services
Market Cap in USD: 9,617m
IPO / Inception: 2020-10-16
Return 12m vs S&P 500: 54.9%

EPS (Earnings per Share)

EPS (Earnings per Share) of TIMB over the last years for every Quarter: "2020-12": -0.4234, "2021-03": 0.1021, "2021-06": 0.2709, "2021-09": 0.1788, "2021-12": 0.3115, "2022-03": 0.18, "2022-06": 0.12, "2022-09": 0.15, "2022-12": 0.22, "2023-03": 0.1715, "2023-06": 0.26, "2023-09": 0.31, "2023-12": 0.45, "2024-03": 0.21, "2024-06": 0.32, "2024-09": 0.28, "2024-12": 0.37, "2025-03": 0.29, "2025-06": 0.36, "2025-09": 0.4664, "2025-12": 0,
EPS CAGR: -41.91%
EPS Trend: 33.7%
Last SUE: -4.00
Qual. Beats: 0

Revenue

Revenue of TIMB over the last years for every Quarter: 2020-12: 4678.029, 2021-03: 4339.763, 2021-06: 4407, 2021-09: 4511.814, 2021-12: 4799, 2022-03: 4727.194, 2022-06: 5368.081, 2022-09: 5611.16, 2022-12: 5824.365, 2023-03: 5640.155, 2023-06: 5863.26, 2023-09: 6055.319, 2023-12: 6275.159, 2024-03: 6095.529, 2024-06: 6302.54, 2024-09: 6418.943, 2024-12: 6630.918, 2025-03: 6393.641, 2025-06: 6599.933, 2025-09: 6710.987, 2025-12: null,
Rev. CAGR: 9.35%
Rev. Trend: 92.7%
Last SUE: 0.00
Qual. Beats: 0

Dividends

Dividend Yield 8.95%
Yield on Cost 5y 19.41%
Yield CAGR 5y 45.77%
Payout Consistency 79.5%
Payout Ratio 71.1%
Risk via 5d forecast
Volatility 28.8%
Value at Risk 5%th 48.5%
Relative Tail Risk 2.36%
Reward TTM
Sharpe Ratio 2.09
Alpha 81.41
CAGR/Max DD 0.87
Character TTM
Hurst Exponent 0.616
Beta 0.430
Beta Downside 0.403
Drawdowns 3y
Max DD 35.86%
Mean DD 8.11%
Median DD 4.46%

Description: TIMB TIM Participacoes January 07, 2026

Tim Participações S.A. (NYSE: TIMB) is a Brazilian telecom operator that delivers a full suite of services-including mobile voice, fixed-line, long-distance, data transmission, and broadband-to retail and enterprise customers across Brazil.

Key operating metrics (as of Q4 2023) show a mobile subscriber base of roughly 71 million, a fixed-line base of 9 million, and an average revenue per user (ARPU) of R$ 45 for mobile, reflecting modest growth despite a competitive market. The firm’s EBITDA margin sits near 30 %, consistent with the capital-intensive nature of Brazil’s telecom sector.

Sector drivers that materially affect TIMB’s outlook include Brazil’s ongoing 5G rollout-projected to add ≈ 5 percentage points to mobile data revenue CAGR over the next three years-and macro-economic trends such as GDP growth (≈ 2 % YoY in 2023) and inflation-linked cost pressures on network rollout and labor.

Given the company’s exposure to both mobile and fixed-line segments, analysts should monitor the pace of 5G spectrum auctions and the regulatory environment for broadband expansion, as these variables could materially shift revenue forecasts.

For a deeper, data-driven dive into TIMB’s valuation dynamics, you may find the analytical tools on ValueRay worth exploring.

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income (4.03b TTM) > 0 and > 6% of Revenue (6% = 1.58b TTM)
FCFTA 0.16 (>2.0%) and ΔFCFTA 1.01pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -2.25% (prev -1.49%; Δ -0.76pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.24 (>3.0%) and CFO 13.69b > Net Income 4.03b (YES >=105%, WARN >=100%)
Net Debt (12.69b) to EBITDA (12.32b) ratio: 1.03 <= 3.0 (WARN <= 3.5)
Current Ratio 0.96 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (483.1m) change vs 12m ago -0.21% (target <= -2.0% for YES)
Gross Margin 53.44% (prev 51.66%; Δ 1.78pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 47.07% (prev 46.01%; Δ 1.06pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 2.68 (EBITDA TTM 12.32b / Interest Expense TTM 2.47b) >= 6 (WARN >= 3)

Altman Z'' 1.66

(A) -0.01 = (Total Current Assets 14.09b - Total Current Liabilities 14.68b) / Total Assets 57.37b
(B) 0.03 = Retained Earnings (Balance) 1.68b / Total Assets 57.37b
(C) 0.12 = EBIT TTM 6.62b / Avg Total Assets 55.95b
(D) 0.79 = Book Value of Equity 25.56b / Total Liabilities 32.16b
Total Rating: 1.66 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 90.49

1. Piotroski 6.50pt
2. FCF Yield 14.80%
3. FCF Margin 34.64%
4. Debt/Equity 0.65
5. Debt/Ebitda 1.03
6. ROIC - WACC (= 16.76)%
7. RoE 15.92%
8. Rev. Trend 92.71%
9. EPS Trend 33.70%

What is the price of TIMB shares?

As of January 08, 2026, the stock is trading at USD 20.08 with a total of 1,159,194 shares traded.
Over the past week, the price has changed by +3.24%, over one month by -3.80%, over three months by -3.03% and over the past year by +83.58%.

Is TIMB a buy, sell or hold?

TIM Participacoes has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy TIMB.
  • Strong Buy: 3
  • Buy: 3
  • Hold: 3
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the TIMB price?

Issuer Target Up/Down from current
Wallstreet Target Price 23.4 16.4%
Analysts Target Price 23.4 16.4%
ValueRay Target Price 29.7 47.7%

TIMB Fundamental Data Overview January 06, 2026

Market Cap BRL = 51.79b (9.62b USD * 5.3852 USD.BRL)
P/E Trailing = 13.0987
P/E Forward = 11.1359
P/S = 0.3652
P/B = 2.07
P/EG = 1.329
Beta = 0.228
Revenue TTM = 26.34b BRL
EBIT TTM = 6.62b BRL
EBITDA TTM = 12.32b BRL
Long Term Debt = 1.90b BRL (from longTermDebt, last quarter)
Short Term Debt = 2.56b BRL (from shortTermDebt, last quarter)
Debt = 16.36b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = 12.69b BRL (from netDebt column, last quarter)
Enterprise Value = 61.62b BRL (51.79b + Debt 16.36b - CCE 6.53b)
Interest Coverage Ratio = 2.68 (Ebit TTM 6.62b / Interest Expense TTM 2.47b)
FCF Yield = 14.80% (FCF TTM 9.12b / Enterprise Value 61.62b)
FCF Margin = 34.64% (FCF TTM 9.12b / Revenue TTM 26.34b)
Net Margin = 15.30% (Net Income TTM 4.03b / Revenue TTM 26.34b)
Gross Margin = 53.44% ((Revenue TTM 26.34b - Cost of Revenue TTM 12.26b) / Revenue TTM)
Gross Margin QoQ = 54.91% (prev 53.22%)
Tobins Q-Ratio = 1.07 (Enterprise Value 61.62b / Total Assets 57.37b)
Interest Expense / Debt = 2.72% (Interest Expense 444.5m / Debt 16.36b)
Taxrate = 1.06% (13.0m / 1.22b)
NOPAT = 6.55b (EBIT 6.62b * (1 - 1.06%))
Current Ratio = 0.96 (Total Current Assets 14.09b / Total Current Liabilities 14.68b)
Debt / Equity = 0.65 (Debt 16.36b / totalStockholderEquity, last quarter 25.21b)
Debt / EBITDA = 1.03 (Net Debt 12.69b / EBITDA 12.32b)
Debt / FCF = 1.39 (Net Debt 12.69b / FCF TTM 9.12b)
Total Stockholder Equity = 25.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.02% (Net Income 4.03b / Total Assets 57.37b)
RoE = 15.92% (Net Income TTM 4.03b / Total Stockholder Equity 25.30b)
RoCE = 24.34% (EBIT 6.62b / Capital Employed (Equity 25.30b + L.T.Debt 1.90b))
RoIC = 23.19% (NOPAT 6.55b / Invested Capital 28.25b)
WACC = 6.42% (E(51.79b)/V(68.15b) * Re(7.60%) + D(16.36b)/V(68.15b) * Rd(2.72%) * (1-Tc(0.01)))
Discount Rate = 7.60% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 0.36%
[DCF Debug] Terminal Value 81.36% ; FCFE base≈8.72b ; Y1≈10.71b ; Y5≈18.07b
Fair Price DCF = 643.0 (DCF Value 307.65b / Shares Outstanding 478.4m; 5y FCF grow 24.37% → 3.0% )
EPS Correlation: 33.70 | EPS CAGR: -41.91% | SUE: -4.0 | # QB: 0
Revenue Correlation: 92.71 | Revenue CAGR: 9.35% | SUE: 0.00 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.36 | Chg30d=-0.006 | Revisions Net=-2 | Analysts=3
EPS next Year (2026-12-31): EPS=1.71 | Chg30d=+0.022 | Revisions Net=+1 | Growth EPS=+12.6% | Growth Revenue=+4.9%

Additional Sources for TIMB Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle