(TIMB) TIM Participacoes - NYSE
Sector: Communication Services | Industry: Telecom Services | Exchange: NYSE (USA) | Market Cap: 10.257m USD | Total Return: 18.8% in 12m
Avg Turnover: 6.32M
EPS Trend: 93.7%
Qual. Beats: 0
Rev. Trend: 99.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality
TIM S.A. is a Brazilian telecommunications operator listed on the NYSE under the ticker TIMB, headquartered in Rio de Janeiro. The company provides fixed-line switched telephone services (local, national, and international long-distance) as well as personal mobile and multimedia communication services. It operates as a subsidiary of TIM Brasil Serviços e Participações S.A., positioning it within Brazils wireless telecommunication services sub-industry under the broader Communication Services sector.
Brazils telecom market is structured around a small number of major mobile carriers, and operators such as TIM typically operate under concessions and licenses granted by the national regulator Anatel. The business model generally combines subscription-based mobile revenues with usage-based charges for voice, data, and multimedia services, alongside fixed-line offerings targeted at residential and corporate customers.
- Postpaid net adds and ARPU growth lift service revenue
- 5G capex and Anatel spectrum costs pressure margins
- BRL depreciation pressures USD-reported results and dollar debt
| 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 52.53%; Δ 1.52% > 0.5%) |
| Asset Turnover: 47.33% > 50% (prev 45.60%; Δ 1.73% > 0%) |
| Interest Coverage Ratio: 2.68 > 6 (EBIT TTM 7.54b / 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 24.4b / 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 52.53% / 54.05%) |
| 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 = -3.04 (Cap -4..+1) = AA |
As of June 29, 2026, the stock is trading at USD 22.03 with a total of 328,529 shares traded. Over the past week, the price has changed by +6.32%, over one month by -2.05%, over three months by -13.42% and over the past year by +18.76%.
Current recommended Stop Loss: 21.20 (which is 3.8% or 1.5 ATR below the current price).
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 | 26.4 | 20% |
Market Cap BRL = 53.0b (10.3b USD * 5.1704 USD.BRL)
P/E Trailing = 12.4104
P/E Forward = 9.8912
P/S = 0.3794
P/B = 2.1671
P/EG = 1.353
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 = 77.8b BRL (53.0b + Debt 30.6b - CCE 5.87b)
Interest Coverage Ratio = 2.68 (Ebit TTM 7.54b / Interest Expense TTM 2.81b)
EV/FCF = 8.59x (Enterprise Value 77.8b / FCF TTM 9.05b)
FCF Yield = 11.64% (FCF TTM 9.05b / Enterprise Value 77.8b)
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 = 1.35 (Enterprise Value 77.8b / Total Assets 57.8b)
Interest Expense / Debt = 9.18% (Interest Expense 2.81b / Debt 30.6b)
Taxrate = 10.71% (519.5m / 4.85b)
NOPAT = 6.73b (EBIT 7.54b * (1 - 10.71%))
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 = 15.41% (NOPAT 6.73b / Invested Capital 43.7b)
WACC = 8.21% (E(53.0b)/V(83.7b) * Re(8.21%) + D(30.6b)/V(83.7b) * Rd(9.18%) * (1-Tc(0.11)))
Discount Rate = 8.21% (= 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=0.48 | Chg30d=-2.66% | Revisions=+0% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.54 | Chg30d=+4.75% | Revisions=+33% | Analysts=3
EPS current Year (2026-12-31): EPS=1.83 | Chg30d=-0.46% | Revisions=+0% | GrowthEPS=+6.5% | GrowthRev=+5.2%
EPS next Year (2027-12-31): EPS=2.17 | Chg30d=+11.03% | Revisions=+0% | GrowthEPS=+18.5% | GrowthRev=+4.7%
[Analyst] Revisions Ratio: +33%