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): -54.50%
EPS Trend (3Y Correlation): -7.4%

TIMB Revenue

Revenue Growth (3Y CAGR): 6.08%
Revenue Trend (3Y Correlation): 94.3%

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	11,206m
Sub-Industry	Wireless Telecommunication Services
IPO / Inception	2020-10-16

TIMB Stock Ratings

Growth Rating	93.7%
Fundamental	86.9%
Dividend Rating	74.4%
Return 12m vs S&P 500	41.7%
Analyst Rating	4.0 of 5

TIMB Dividends

Dividend Yield 12m	6.13%
Yield on Cost 5y	16.98%
Annual Growth 5y	18.67%
Payout Consistency	78.8%
Payout Ratio	89.2%

TIMB Growth Ratios

Growth Correlation 3m	83.3%
Growth Correlation 12m	95.9%
Growth Correlation 5y	86.5%
CAGR 5y	29.06%
CAGR/Max DD 3y (Calmar Ratio)	0.81
CAGR/Mean DD 3y (Pain Ratio)	3.33
Sharpe Ratio 12m	2.58
Alpha	63.08
Beta	0.293
Volatility	26.84%
Current Volume	729.1k
Average Volume 20d	348.4k
Stop Loss	21.9 (-3.1%)
Signal	0.39

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (3.63b TTM) > 0 and > 6% of Revenue (6% = 1.56b TTM)

FCFTA 0.16 (>2.0%) and ΔFCFTA 0.90pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -5.39% (prev -5.50%; Δ 0.11pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.24 (>3.0%) and CFO 13.47b > Net Income 3.63b (YES >=105%, WARN >=100%)

Net Debt (13.23b) to EBITDA (12.97b) ratio: 1.02 <= 3.0 (WARN <= 3.5)

Current Ratio 0.91 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (484.2m) change vs 12m ago 0.12% (target <= -2.0% for YES)

Gross Margin 52.41% (prev 51.43%; Δ 0.98pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 46.93% (prev 45.76%; Δ 1.17pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.57 (EBITDA TTM 12.97b / Interest Expense TTM 2.57b) >= 6 (WARN >= 3)

Altman Z'' 1.54

(A) -0.02 = (Total Current Assets 13.46b - Total Current Liabilities 14.86b) / Total Assets 56.95b

(B) 0.02 = Retained Earnings (Balance) 1.27b / Total Assets 56.95b

(D) 0.79 = Book Value of Equity 25.18b / Total Liabilities 31.83b

Total Rating: 1.54 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 86.93

1. Piotroski 5.0pt = 0.0

2. FCF Yield 12.68% = 5.0

3. FCF Margin 34.46% = 7.50

4. Debt/Equity 0.65 = 2.30

5. Debt/Ebitda 1.02 = 1.74

6. ROIC - WACC (= 12.76)% = 12.50

7. RoE 14.23% = 1.19

8. Rev. Trend 94.31% = 7.07

9. EPS Trend -7.37% = -0.37

What is the price of TIMB shares?

As of November 04, 2025, the stock is trading at USD 22.60 with a total of 729,110 shares traded.
Over the past week, the price has changed by -3.13%, over one month by +2.36%, over three months by +18.48% and over the past year by +72.05%.

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 86.93 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 29.14 USD . This means that TIMB is currently undervalued and has a potential upside of +28.94% (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	21.9	-3.3%
Analysts Target Price	21.9	-3.3%
ValueRay Target Price	31.9	41.1%

TIMB Fundamental Data Overview November 04, 2025

Market Cap BRL = 60.03b (11.21b USD * 5.3572 USD.BRL)
P/E Trailing = 16.2518
P/E Forward = 12.0482
P/S = 0.4303
P/B = 2.241
P/EG = 1.4378
Beta = 0.293
Revenue TTM = 26.04b BRL
EBIT TTM = 6.59b BRL
EBITDA TTM = 12.97b BRL
Long Term Debt = 1.96b BRL (from longTermDebt, last quarter)
Short Term Debt = 2.55b BRL (from shortTermDebt, last quarter)
Debt = 16.22b BRL (from shortLongTermDebtTotal, last quarter)
Net Debt = 13.23b BRL (from netDebt column, last quarter)
Enterprise Value = 70.78b BRL (60.03b + Debt 16.22b - CCE 5.47b)
Interest Coverage Ratio = 2.57 (Ebit TTM 6.59b / Interest Expense TTM 2.57b)
FCF Yield = 12.68% (FCF TTM 8.97b / Enterprise Value 70.78b)
FCF Margin = 34.46% (FCF TTM 8.97b / Revenue TTM 26.04b)
Net Margin = 13.92% (Net Income TTM 3.63b / Revenue TTM 26.04b)
Gross Margin = 52.41% ((Revenue TTM 26.04b - Cost of Revenue TTM 12.39b) / Revenue TTM)
Gross Margin QoQ = 53.22% (prev 51.76%)
Tobins Q-Ratio = 1.24 (Enterprise Value 70.78b / Total Assets 56.95b)
Interest Expense / Debt = 4.86% (Interest Expense 789.1m / Debt 16.22b)
Taxrate = 16.90% (198.4m / 1.17b)
NOPAT = 5.47b (EBIT 6.59b * (1 - 16.90%))
Current Ratio = 0.91 (Total Current Assets 13.46b / Total Current Liabilities 14.86b)
Debt / Equity = 0.65 (Debt 16.22b / totalStockholderEquity, last quarter 25.13b)
Debt / EBITDA = 1.02 (Net Debt 13.23b / EBITDA 12.97b)
Debt / FCF = 1.47 (Net Debt 13.23b / FCF TTM 8.97b)
Total Stockholder Equity = 25.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.37% (Net Income 3.63b / Total Assets 56.95b)
RoE = 14.23% (Net Income TTM 3.63b / Total Stockholder Equity 25.49b)
RoCE = 24.00% (EBIT 6.59b / Capital Employed (Equity 25.49b + L.T.Debt 1.96b))
RoIC = 19.20% (NOPAT 5.47b / Invested Capital 28.51b)
WACC = 6.44% (E(60.03b)/V(76.26b) * Re(7.09%) + D(16.22b)/V(76.26b) * Rd(4.86%) * (1-Tc(0.17)))
Discount Rate = 7.09% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 0.48%
[DCF Debug] Terminal Value 81.36% ; FCFE base≈8.59b ; Y1≈10.55b ; Y5≈17.81b
Fair Price DCF = 630.3 (DCF Value 303.18b / Shares Outstanding 481.0m; 5y FCF grow 24.37% → 3.0% )
EPS Correlation: -7.37 | EPS CAGR: -54.50% | SUE: -4.0 | # QB: 0
Revenue Correlation: 94.31 | Revenue CAGR: 6.08% | 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