TTM Technologies Inc. Common Stock (TTMI)

FairStock Score: 37/100 — MIXED

Key Financials

Strengths

• Solid return on equity of 10.7% above cost of capital
• Altman Z-Score of 4.8 confirms minimal bankruptcy risk and strong solvency
• Revenue growth of 18.9% demonstrates strong top-line momentum
• Established organization with 18,200 employees providing operational scale

Concerns

• Trades significantly above Graham Number ($25) with negative 410% margin of safety—limited downside protection

AI Analysis

TTM Technologies Inc. Common Stock is a mid-cap technology company valued at $13.4 billion. The business generates $2.9 billion in annual revenue with a 1.7% net margin. From a quality standpoint, TTM shows healthy Altman Z-Score of 4.8 and adequate 11% ROE. On valuation, the stock is commanding a steep 79.2x multiple, with trades far above its Graham Number ($25) with no margin of safety. Growth dynamics show revenue growing at 18.9% and profit growth of 880.4%. Our composite FairStock Score of 37/100 reflects below-average fundamentals overall. Investors should weigh the business quality against the current price and their own margin of safety requirements.

Bull Case

TTM's 19% revenue growth trajectory could accelerate as it captures additional market share in the technology sector. Operational leverage in the business model means incremental revenue growth could disproportionately boost bottom-line profitability.

Bear Case

At 79x earnings, any growth disappointment triggers rapid multiple compression—a 20% earnings miss plus multiple contraction to 20x implies 40%+ downside. Regulatory changes, input cost inflation, or demand normalization represent underappreciated risks that could materially impact forward estimates.

Data from SEC filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer