0.61%
-0.08%
10.20%
27.61%
77.79%
83.73%
71.86%
AI Spotlight on TTMI
Company Description
TTM Technologies, Inc., together with its subsidiaries, engages in the manufacture and sale of printed circuit boards (PCBs) worldwide.The company operates in two segments, PCB and RF&S Components.It offers PCB products, radio frequency (RF) components, conventional PCBs, RF and microwave circuits, high density interconnect PCBs, substrate-like PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration products, IC substrates, passive RF components, advanced ceramic RF components, multi-chip modules, and beamforming and switching networks.
The company also produces printed circuits with heavy copper cores, as well as embedded and press-fit coins; PCBs with electrically passive heat sinks; and PCBs with electrically active thermal cores.In addition, it offers value-added services, including RF design to specification capability, design for manufacturability, PCB layout design, simulation and testing, and quick turnaround services.The company serves original equipment manufacturers and electronic manufacturing services companies that primarily serve aerospace and defense, data center computing, automotive components, medical, industrial, and instrumentation related products sectors.
TTM Technologies, Inc.was incorporated in 1978 and is headquartered in Santa Ana, California.
Market Data
| Last Price | 24.73 |
| Change Percentage | 0.61% |
| Open | 24.85 |
| Previous Close | 24.58 |
| Market Cap ( Millions) | 2522 |
| Volume | 385073 |
| Year High | 28 |
| Year Low | 13.43 |
| M A 50 | 24.83 |
| M A 200 | 20.4 |
Financial Ratios
| FCF Yield | 0.89% |
| Dividend Yield | 0.00% |
| ROE | 4.48% |
| Debt / Equity | 65.98% |
| Net Debt / EBIDTA | 198.51% |
| Price To Book | 1.63 |
| Price Earnings Ratio | 36.89 |
| Price To FCF | 112.15 |
| Price To sales | 1.07 |
| EV / EBITDA | 11.08 |
News
- Jan -23 - Banzai Announces Definitive Agreement to Acquire Act-On Software, Growing TTM Revenue 152% to $44M
- Jan -13 - TTM Technologies, Inc. to Conduct Fourth Quarter and Fiscal Year 2024 Conference Call on February 5, 2025
- Jan -13 - TTM Technologies Honors Community Service with the 2024 TTM Chair of Community Service Award
- Jan -06 - TTM Technologies, Inc. Announces Upcoming Conference Participation
- Jan -03 - TTMI Stock Prospects Gloomy in 2025: Here's Why You Should Stay Away
- Dec -20 - Banzai Signs Acquisition of Vidello, Growing TTM Revenue 59% to $17.3M and Adding $2.3M in EBITDA
- Dec -19 - What Makes TTM (TTMI) a New Strong Buy Stock
- Dec -19 - Best Value Stocks to Buy for December 19th
- Dec -16 - TTM Technologies price target raised to $32 from $25 at Truist
- Dec -11 - TTM Technologies, Inc. Introduces Innovative Radio Frequency Components for Telecom Band n104 to Enhance 5.5G Applications
- Dec -10 - Banzai Announces Definitive Agreement to Acquire OpenReel, Growing TTM Revenue 152% to $10.9M
- Dec -05 - Electronics Components Industry Prospect Bright: 3 Stocks to Buy
- Dec -03 - TTM Technologies, Inc. To Exhibit at the 2024 International Electronics Circuit Exhibition in Shenzhen, China
- Oct -31 - TTM Technologies, Inc. (TTMI) Q3 2024 Earnings Call Transcript
- Oct -30 - TTM Technologies (TTMI) Meets Q3 Earnings Estimates
- Oct -09 - TTM Technologies, Inc. to Conduct Third Quarter 2024 Conference Call on October 30, 2024
- Oct -08 - Colliers adds leading Australian engineering firm
- Sep -24 - TTM Technologies, Inc. Unveils New Xinger® Ultra Wide Band Balun Transformers Designed for Efficient Signal Conversion, Suitable for Diverse End Markets
- Sep -24 - Hello Group: Undervalued With Expertise In App Development Makes It Attractive
- Jul -31 - TTM Technologies, Inc. (TTMI) Q2 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Printed Circuit Board
Expected Growth : 4.85 %
What the company do ?
A Printed Circuit Board (PCB) from TTM Technologies, Inc. is a custom-designed, fabricated, and assembled electronic circuit board for various industries, including aerospace, automotive, and industrial applications.
Why we expect these perspectives ?
TTM Technologies' Printed Circuit Board segment growth of 4.85% is driven by increasing demand for advanced electronics in automotive, industrial, and aerospace industries. Additionally, the company's strategic acquisitions, investments in technology, and operational efficiencies have contributed to its growth. Furthermore, the rising trend of miniaturization and IoT adoption has led to increased PCB usage, supporting the segment's expansion.
Segment n°2 -> Radio Frequency and Specialty Components
Expected Growth : 9.33 %
What the company do ?
Radio Frequency (RF) and Specialty Components from TTM Technologies, Inc. provide high-frequency solutions for aerospace, defense, and commercial applications.
Why we expect these perspectives ?
TTM Technologies' Radio Frequency and Specialty Components segment growth of 9.33% is driven by increasing demand for 5G infrastructure, rising adoption of IoT devices, and growing need for advanced semiconductor packaging. Additionally, the company's strategic acquisitions and investments in emerging technologies, such as autonomous vehicles and aerospace, are contributing to its growth momentum.
Ttm Technologies, Inc. Products
| Product Range | What is it ? |
|---|---|
| Printed Circuit Boards (PCBs) | TTM Technologies, Inc. designs and manufactures printed circuit boards (PCBs) for a wide range of applications, including aerospace, defense, automotive, and industrial markets. |
| Radio Frequency (RF) Components | TTM Technologies, Inc. offers a range of RF components, including antennas, filters, and switches, designed for high-frequency applications. |
| Backplane Assemblies | TTM Technologies, Inc. designs and manufactures backplane assemblies for high-speed data transmission and storage applications. |
| Electromagnetic Interference (EMI) Shielding | TTM Technologies, Inc. offers EMI shielding solutions to reduce electromagnetic interference in electronic devices. |
| Custom Fabrication | TTM Technologies, Inc. provides custom fabrication services for specialized electronic components and assemblies. |
TTM Technologies, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for TTM Technologies, Inc. is medium due to the presence of alternative PCB manufacturers and the relatively low switching costs for customers.
Bargaining Power Of Customers
The bargaining power of customers is high due to the concentration of customers in the aerospace and defense industries, which gives them significant negotiating power.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low due to the presence of multiple suppliers of raw materials and the relatively low cost of switching suppliers.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry, including the need for significant capital investment and the complexity of the manufacturing process.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established competitors in the PCB manufacturing industry, leading to a highly competitive market.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 38.02% |
| Debt Cost | 3.95% |
| Equity Weight | 61.98% |
| Equity Cost | 10.78% |
| WACC | 8.18% |
| Leverage | 61.35% |
TTM Technologies, Inc. : Quality Control
TTM Technologies, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| OUST | Ouster, Inc. designs and manufactures high-resolution digital lidar sensors and enabling software that offers 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. Its product portfolio includes OS, a … |
| CTS | CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity … |
| VPG | Vishay Precision Group, Inc. designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It … |
| MPTI | M-tron Industries, Inc. designs, manufactures, and markets frequency and spectrum control products. It operates in two product groups, Frequency Control and Spectrum Control. The Frequency Control product group includes a … |
| SGMA | SigmaTron International, Inc. operates as an independent provider of electronic manufacturing services (EMS). Its EMS services include printed circuit board assemblies and completely assembled (box-build) electronic products. The company also … |
Peers Metrics
DCF BETA
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Scoring Insights
Peers Group Analysis
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