Overview Dividends

(TIMB) TIM Participacoes - Ratings and Ratios

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

Mobile, Broadband, Landline, Data

TIMB EPS (Earnings per Share)

EPS Growth (3Y CAGR): 31.42%
EPS Trend (3Y Correlation): 65.1%

TIMB Revenue

Revenue Growth (3Y CAGR): 5.29%
Revenue Trend (3Y Correlation): 93.9%

Risk via 10d forecast
Volatility	27.0%
Value at Risk 5%th	45.0%

Reward
Sharpe Ratio	1.90
Alpha	69.55

Character
Hurst Exponent	0.693
Beta	0.236

Drawdowns 3y
Max DD	35.86%
Mean DD	8.42%

Description: TIMB TIM Participacoes November 04, 2025

TIM S.A. (NYSE: TIMB) is a Brazilian telecom operator offering a full suite of services-including mobile, fixed-line, long-distance, data transmission, and broadband-to retail consumers and businesses of all sizes. Headquartered in Rio de Janeiro, it operates as a subsidiary of TIM Brasil Serviços e Participações S.A. and is classified under the GICS sub-industry “Wireless Telecommunication Services.”

Key metrics (as of FY 2023) show roughly 73 million total subscribers, with mobile postpaid accounting for about 45 million users and fixed-line broadband serving over 5 million households. Revenue was BRL 23.9 billion, and EBITDA margin hovered near 31 %, reflecting the sector’s high fixed-cost structure but strong pricing power. The Brazilian telecom market is driven by macro-economic factors such as GDP growth (≈2 % YoY in 2023), rising data consumption, and regulatory incentives for 5G rollout, which TIM is actively expanding across its network.

If you’re looking to deepen the quantitative analysis, ValueRay’s platform provides granular financial models and scenario tools that can help you assess TIM B’s valuation under different macro-economic and regulatory assumptions.

TIMB Stock Overview

Market Cap in USD	11,015m
Sub-Industry	Wireless Telecommunication Services
IPO / Inception	2020-10-16
Return 12m vs S&P 500	52.4%
Analyst Rating	4.0 of 5

TIMB Dividends

Dividend Yield	6.01%
Yield on Cost 5y	16.27%
Yield CAGR 5y	18.67%
Payout Consistency	78.8%
Payout Ratio	61.2%

TIMB Growth Ratios

CAGR	31.14%
CAGR/Max DD Calmar Ratio	0.87
CAGR/Mean DD Pain Ratio	3.70
Current Volume	424k
Average Volume	348.4k

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 (9.83b) to EBITDA (12.35b) ratio: 0.80 <= 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 2.69 (EBITDA TTM 12.35b / Interest Expense TTM 2.47b) >= 6 (WARN >= 3)

Altman Z'' 2.23

(A) -0.01 = (Total Current Assets 14.09b - Total Current Liabilities 14.68b) / Total Assets 57.37b

(B) 0.20 = Retained Earnings (Balance) 11.70b / Total Assets 57.37b

(D) 0.79 = Book Value of Equity 25.56b / Total Liabilities 32.16b

Total Rating: 2.23 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 92.45

1. Piotroski 6.50pt = 1.50

2. FCF Yield 13.39% = 5.0

3. FCF Margin 34.64% = 7.50

4. Debt/Equity 0.65 = 2.30

5. Debt/Ebitda 0.80 = 2.03

6. ROIC - WACC (= 17.27)% = 12.50

7. RoE 15.92% = 1.33

8. Rev. Trend 93.92% = 7.04

9. EPS Trend 65.09% = 3.25

What is the price of TIMB shares?

As of November 11, 2025, the stock is trading at USD 23.05 with a total of 423,966 shares traded.
Over the past week, the price has changed by +1.99%, over one month by +12.22%, over three months by +10.82% and over the past year by +75.59%.

Is TIM Participacoes a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, TIM Participacoes (NYSE:TIMB) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 92.45 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TIMB is around 30.29 USD . This means that TIMB is currently undervalued and has a potential upside of +31.41% (Margin of Safety).

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	22.9	-0.6%
Analysts Target Price	22.9	-0.6%
ValueRay Target Price	33	43.2%

TIMB Fundamental Data Overview November 10, 2025

Market Cap BRL = 58.28b (11.01b USD * 5.2912 USD.BRL)
P/E Trailing = 14.7742
P/E Forward = 12.0482
P/S = 0.4182
P/B = 2.241
P/EG = 1.4378
Beta = 0.236
Revenue TTM = 26.34b BRL
EBIT TTM = 6.65b BRL
EBITDA TTM = 12.35b BRL
Long Term Debt = 2.69b BRL (from longTermDebt, last fiscal year)
Short Term Debt = 2.56b BRL (from shortTermDebt, last quarter)
Debt = 16.36b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.83b BRL (from netDebt column, last quarter)
Enterprise Value = 68.11b BRL (58.28b + Debt 16.36b - CCE 6.53b)
Interest Coverage Ratio = 2.69 (Ebit TTM 6.65b / Interest Expense TTM 2.47b)
FCF Yield = 13.39% (FCF TTM 9.12b / Enterprise Value 68.11b)
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 = 1.19 (Enterprise Value 68.11b / Total Assets 57.37b)
Interest Expense / Debt = 2.72% (Interest Expense 444.5m / Debt 16.36b)
Taxrate = 1.06% (13.0m / 1.22b)
NOPAT = 6.58b (EBIT 6.65b * (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 = 0.80 (Net Debt 9.83b / EBITDA 12.35b)
Debt / FCF = 1.08 (Net Debt 9.83b / 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 = 23.75% (EBIT 6.65b / Capital Employed (Equity 25.30b + L.T.Debt 2.69b))
RoIC = 23.23% (NOPAT 6.58b / Invested Capital 28.31b)
WACC = 5.96% (E(58.28b)/V(74.64b) * Re(6.88%) + D(16.36b)/V(74.64b) * Rd(2.72%) * (1-Tc(0.01)))
Discount Rate = 6.88% (= 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 = 639.6 (DCF Value 307.65b / Shares Outstanding 481.0m; 5y FCF grow 24.37% → 3.0% )
EPS Correlation: 65.09 | EPS CAGR: 31.42% | SUE: 1.94 | # QB: 1
Revenue Correlation: 93.92 | Revenue CAGR: 5.29% | SUE: 0.00 | # QB: 0

Additional Sources for TIMB Stock

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