TIMB Stock Analysis: TIM Participacoes | NYSE
Telecom Services | NYSE, USA | Market Cap: 8.494m USD | 12M Return: -11.8% | US88706T1088 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.80M
EPS Trend: 93.8%
Qual. Beats: 1
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
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 0.24 > 1.0 |
| NWC/Revenue: -8.05% < 20% (prev -5.39%; Δ -2.67% < -1%) |
| CFO/TA 0.24 > 3% & CFO 13.8b > Net Income 4.33b |
| Net Debt (25.8b) to EBITDA (14.6b): 1.77 < 3 |
| Current Ratio: 0.85 > 1.5 & < 3 |
| Outstanding Shares: last quarter (477.7m) vs 12m ago -1.31% < -2% |
| Gross Margin: 54.57% > 18% (prev 52.41%; Δ 2.17% > 0.5%) |
| Asset Turnover: 48.01% > 50% (prev 45.73%; Δ 2.29% > 0%) |
| Interest Coverage Ratio: 2.32 > 6 (EBIT TTM 8.22b / Interest Expense TTM 3.54b) |
| A: -0.04 (Total Current Assets 12.4b - Total Current Liabilities 14.6b) / Total Assets 57.2b |
| B: 0.02 (Retained Earnings 996.7m / Total Assets 57.2b) |
| C: 0.14 (EBIT TTM 8.22b / Avg Total Assets 57.1b) |
| D: 0.78 (Book Value of Equity 25.0b / Total Liabilities 32.2b) |
| Altman-Z'' = 1.59 = BB |
| DSRI: 0.92 (Receivables 6.14b/6.35b, Revenue 27.4b/26.0b) |
| GMI: 0.96 (GM 52.41% / 54.57%) |
| AQI: 1.01 (AQ_t 0.36 / AQ_t-1 0.36) |
| SGI: 1.05 (Revenue 27.4b / 26.0b) |
| TATA: -0.16 (NI 4.33b - CFO 13.8b) / TA 57.2b) |
| Beneish M = -3.10 (Cap -4..+1) = AA |
As of August 28, 2026, the stock is trading at USD 17.77 with a total of 434,271 shares traded. Over the past week, the price has changed by +1.72%, over one month by -14.89%, over three months by -19.69% and over the past year by -11.81%.
Current recommended Stop Loss: 17.00 (which is 4.3% or 1.6 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 | 24.5 | 37.8% |
Market Cap BRL = 43.9b (8.49b USD * 5.1625 USD.BRL)
P/E Trailing = 10.0452
P/E Forward = 8.643
P/S = 0.31
P/B = 1.7242
P/EG = 1.4693
Revenue TTM = 27.4b BRL
EBIT TTM = 8.22b BRL
EBITDA TTM = 14.6b BRL
Long Term Debt = 1.54b BRL (from longTermDebt, last quarter)
Short Term Debt = 2.78b BRL (from shortTermDebt, last quarter)
Debt = 30.3b BRL (from shortLongTermDebtTotal, last quarter) + Leases 13.8b
Net Debt = 25.8b BRL (calculated: Debt 30.3b - CCE 4.53b)
Enterprise Value = 69.7b BRL (43.9b + Debt 30.3b - CCE 4.53b)
Interest Coverage Ratio = 2.32 (Ebit TTM 8.22b / Interest Expense TTM 3.54b)
EV/FCF = 7.62x (Enterprise Value 69.7b / FCF TTM 9.15b)
FCF Yield = 13.13% (FCF TTM 9.15b / Enterprise Value 69.7b)
FCF Margin = 33.37% (FCF TTM 9.15b / Revenue TTM 27.4b)
Net Margin = 15.79% (Net Income TTM 4.33b / Revenue TTM 27.4b)
Gross Margin = 54.57% ((Revenue TTM 27.4b - Cost of Revenue TTM 12.4b) / Revenue TTM)
Gross Margin QoQ = 55.35% (prev 52.37%)
Tobins Q-Ratio = 1.22 (Enterprise Value 69.7b / Total Assets 57.2b)
Interest Expense / Debt = 11.66% (Interest Expense 3.54b / Debt 30.3b)
Taxrate = 10.06% (483.6m / 4.81b)
NOPAT = 7.39b (EBIT 8.22b * (1 - 10.06%))
Current Ratio = 0.85 (Total Current Assets 12.4b / Total Current Liabilities 14.6b)
Debt / Equity = 1.21 (Debt 30.3b / totalStockholderEquity, last quarter 25.0b)
Debt / EBITDA = 1.77 (Net Debt 25.8b / EBITDA 14.6b)
Debt / FCF = 2.82 (Net Debt 25.8b / FCF TTM 9.15b)
Total Stockholder Equity = 24.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.58% (Net Income 4.33b / Total Assets 57.2b)
RoE = 17.54% (Net Income TTM 4.33b / Total Stockholder Equity 24.7b)
RoCE = 31.38% (EBIT 8.22b / Capital Employed (Equity 24.7b + L.T.Debt 1.54b))
RoIC = 16.80% (NOPAT 7.39b / Invested Capital 44.0b)
WACC = 9.10% (E(43.9b)/V(74.2b) * Re(8.14%) + D(30.3b)/V(74.2b) * Rd(11.66%) * (1-Tc(0.10)))
Discount Rate = 8.14% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -17.76 | Cagr: -0.60%
[DCF] Terminal Value 73.12% ; FCFF base≈9.08b ; Y1≈9.26b ; Y5≈10.1b
[DCF] Fair Price = 237.2 (EV 139b - Net Debt 25.8b = Equity 113b / Shares 477.7m; r=9.10% [WACC]; 5y FCF grow 1.91% → 2.50% )
EPS Correlation: 93.75 | EPS CAGR: 22.37% | SUE: 1.04 | # QB: 1
Revenue Correlation: 99.54 | Revenue CAGR: 5.70% | SUE: -0.00 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.51 | Chg30d=-5.19% | Revisions=-50% | Analysts=3
EPS current Year (2026-12-31): EPS=1.81 | Chg30d=-1.49% | Revisions=-50% | GrowthEPS=+4.9% | GrowthRev=+5.3%
EPS next Year (2027-12-31): EPS=2.10 | Chg30d=-3.26% | Revisions=-17% | GrowthEPS=+16.4% | GrowthRev=+4.1%
[Analyst] Revisions Ratio: -58% (up=1, down=8)