TTM Technologies, Inc. (TTMI) Financial Ratios
27 years of historical data (1999–2025) · Technology · Hardware, Equipment & Parts
EV/EBITDA
↑
56.48
↑+399% vs avg
5yr avg: 11.31
30Y Low5.6·High35.0
P/FCF
↑
N/A
—
5yr avg: 34.18
30Y Low3.8·High60.1
P/B Ratio
↑
12.95
↑+610% vs avg
5yr avg: 1.82
30Y Low0.7·High4.3
ROE
↑
10.7%
↓+130% vs avg
5yr avg: 4.6%
30Y Low-21%·High36%
Debt/EBITDA
↓
2.73
↓-25% vs avg
5yr avg: 3.63
30Y Low0.0·High5.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
TTMI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
TTM Technologies, Inc. trades at 128.8x earnings, 282% above its 5-year average of 33.7x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 344%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $22.5B | $7.5B | $2.6B | $1.6B | $1.6B | $1.6B | $1.5B | $1.6B | $1.3B | $2.1B | $1.4B |
| Enterprise Value | $23.1B | $8.1B | $3.1B | $2.2B | $2.1B | $2.1B | $1.9B | $2.7B | $2.5B | $2.6B | $2.1B |
| P/E Ratio → | 128.83 | 42.39 | 45.74 | — | 16.57 | 30.28 | — | 38.15 | 7.48 | 15.07 | 40.09 |
| P/S Ratio | 7.73 | 2.58 | 1.05 | 0.73 | 0.63 | 0.73 | 0.69 | 0.74 | 0.58 | 0.78 | 0.55 |
| P/B Ratio | 12.95 | 4.26 | 1.64 | 1.08 | 1.02 | 1.13 | 1.01 | 1.24 | 1.06 | 2.05 | 1.65 |
| P/FCF | — | — | 50.13 | 60.07 | 9.21 | 17.29 | 7.95 | 9.34 | 10.60 | 11.44 | 6.49 |
| P/OCF | 77.00 | 25.73 | 10.83 | 8.67 | 5.74 | 9.27 | 5.09 | 5.07 | 4.77 | 6.24 | 4.64 |
P/E links to full P/E history page with 30-year chart
TTMI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
TTM Technologies, Inc.'s enterprise value stands at 56.5x EBITDA, 399% above its 5-year average of 11.3x. The Technology sector median is 16.7x, placing the stock at a 237% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.80 | 1.26 | 0.98 | 0.85 | 0.92 | 0.89 | 1.25 | 1.14 | 1.00 | 0.85 |
| EV / EBITDA | 56.48 | 19.87 | 11.56 | 10.81 | 6.18 | 8.15 | 9.68 | 8.12 | 7.37 | 6.84 | 6.06 |
| EV / EBIT | 88.25 | 31.78 | 23.40 | 45.31 | 9.31 | 17.87 | 69.91 | 22.97 | 20.66 | 13.65 | 15.01 |
| EV / FCF | — | — | 60.13 | 81.13 | 12.51 | 21.80 | 10.22 | 15.79 | 20.65 | 14.59 | 10.07 |
TTMI Profitability
Margins and return-on-capital ratios measuring operating efficiency
TTM Technologies, Inc. earns an operating margin of 9.0%. Operating margins have expanded from 1.9% to 9.0% over the past 3 years, signaling improving operational efficiency. ROE of 10.7% is modest. ROIC of 8.8% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.6% | 19.6% | 19.5% | 18.5% | 18.4% | 16.5% | 17.1% | 17.7% | 18.0% | 16.2% | 16.7% |
| Operating Margin | 9.0% | 9.0% | 4.8% | 1.9% | 8.4% | 5.6% | 1.3% | 5.1% | 5.3% | 8.0% | 6.8% |
| Net Profit Margin | 6.1% | 6.1% | 2.3% | -0.8% | 3.8% | 2.4% | 8.4% | 1.9% | 7.8% | 4.7% | 1.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.7% | 10.7% | 3.7% | -1.2% | 6.3% | 3.8% | 13.0% | 3.3% | 15.5% | 13.4% | 4.2% |
| ROA | 4.9% | 4.9% | 1.7% | -0.6% | 3.0% | 1.8% | 5.5% | 1.2% | 5.6% | 4.7% | 1.3% |
| ROIC | 8.8% | 8.8% | 4.2% | 1.5% | 7.9% | 5.0% | 1.0% | 3.4% | 4.4% | 10.0% | 7.7% |
| ROCE | 9.4% | 9.4% | 4.4% | 1.6% | 8.4% | 5.2% | 1.1% | 4.1% | 4.9% | 11.0% | 9.3% |
TTMI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
TTM Technologies, Inc. carries a Debt/EBITDA ratio of 2.7x, which is moderately leveraged (7% below the sector average of 2.9x). Net debt stands at $616M ($1.1B total debt minus $501M cash). Interest coverage of 5.6x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.63 | 0.63 | 0.65 | 0.67 | 0.63 | 0.66 | 0.60 | 1.17 | 1.22 | 0.97 | 1.22 |
| Debt / EBITDA | 2.73 | 2.73 | 3.81 | 5.02 | 2.80 | 3.81 | 4.47 | 4.53 | 4.33 | 2.53 | 2.88 |
| Net Debt / Equity | — | 0.35 | 0.33 | 0.38 | 0.36 | 0.29 | 0.29 | 0.85 | 1.01 | 0.56 | 0.91 |
| Net Debt / EBITDA | 1.51 | 1.51 | 1.92 | 2.81 | 1.63 | 1.68 | 2.15 | 3.32 | 3.59 | 1.47 | 2.16 |
| Debt / FCF | — | — | 9.99 | 21.07 | 3.29 | 4.51 | 2.27 | 6.45 | 10.05 | 3.15 | 3.58 |
| Interest Coverage | 5.64 | 5.64 | 2.77 | 1.01 | 5.02 | 2.54 | 0.37 | 1.42 | 1.62 | 3.60 | 1.88 |
TTMI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.93x means TTM Technologies, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.03x to 1.93x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.93 | 1.93 | 1.99 | 2.03 | 1.96 | 2.52 | 2.41 | 1.42 | 1.79 | 1.70 | 1.47 |
| Quick Ratio | 1.67 | 1.67 | 1.71 | 1.73 | 1.74 | 2.29 | 2.19 | 1.29 | 1.63 | 1.29 | 1.08 |
| Cash Ratio | 0.52 | 0.52 | 0.62 | 0.64 | 0.53 | 0.96 | 0.87 | 0.42 | 0.38 | 0.57 | 0.37 |
| Asset Turnover | — | 0.76 | 0.70 | 0.67 | 0.75 | 0.74 | 0.73 | 0.60 | 0.65 | 0.96 | 1.01 |
| Inventory Turnover | 9.35 | 9.35 | 8.74 | 8.54 | 11.94 | 14.71 | 15.10 | 14.39 | 16.78 | 7.57 | 7.84 |
| Days Sales Outstanding | — | 70.80 | 124.02 | 116.46 | 128.48 | 115.44 | 113.45 | 129.73 | 132.27 | 66.44 | 62.35 |
TTMI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
TTM Technologies, Inc. returns 0.1% to shareholders annually primarily through share buybacks. The earnings yield of 0.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.8% | 2.4% | 2.2% | — | 6.0% | 3.3% | — | 2.6% | 13.4% | 6.6% | 2.5% |
| FCF Yield | — | — | 2.0% | 1.7% | 10.9% | 5.8% | 12.6% | 10.7% | 9.4% | 8.7% | 15.4% |
| Buyback Yield | 0.1% | 0.2% | 1.3% | 1.5% | 2.3% | 4.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.1% | 0.2% | 1.3% | 1.5% | 2.3% | 4.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $105M | $104M | $103M | $104M | $108M | $106M | $106M | $134M | $132M | $101M |
Peer Comparison
Compare TTMI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 TTMIYou | $22B | 128.8 | 56.5 | — | 19.6% | 9.0% | 10.7% | 8.8% | 2.7 |
 AWI | $7B | 22.3 | 16.5 | 27.4 | 40.6% | 26.6% | 37.2% | 24.9% | 1.2 |
 VECO | $5B | 135.0 | 127.6 | 106.4 | 40.0% | 5.4% | 4.3% | 2.8% | 6.6 |
 DDI | $562M | 5.5 | 1.5 | 4.1 | 71.8% | 37.5% | 11.4% | 17.6% | 0.3 |
 APH | $202B | 49.1 | 29.9 | 46.0 | 36.9% | 25.9% | 36.6% | 28.3% | 2.2 |
 CTS | $2B | 30.6 | 16.4 | 22.2 | 38.5% | 15.6% | 12.1% | 11.1% | 1.0 |
 SANM | $13B | 54.1 | 26.6 | 27.9 | 8.8% | 4.4% | 10.0% | 13.0% | 0.8 |
 BHE | $3B | 135.5 | 22.3 | 38.7 | 10.0% | 4.0% | 2.2% | 6.7% | 2.7 |
 PLXS | $8B | 47.9 | 28.2 | 52.2 | 10.1% | 5.0% | 12.4% | 11.8% | 0.6 |
 JBL | $39B | 62.8 | 21.9 | 33.5 | 8.9% | 4.0% | 40.4% | 30.9% | 1.8 |
 AMAT | $490B | 71.3 | 58.3 | 86.0 | 48.7% | 29.2% | 35.5% | 32.9% | 0.8 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 27 years · Updated daily
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TTMI — Frequently Asked Questions
Quick answers to the most common questions about buying TTMI stock.
What is TTM Technologies, Inc.'s P/E ratio?
TTM Technologies, Inc.'s current P/E ratio is 128.8x. The historical average is 34.9x. This places it at the 100th percentile of its historical range.
What is TTM Technologies, Inc.'s EV/EBITDA?
TTM Technologies, Inc.'s current EV/EBITDA is 56.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.9x.
What is TTM Technologies, Inc.'s ROE?
TTM Technologies, Inc.'s return on equity (ROE) is 10.7%. The historical average is 5.9%.
Is TTMI stock overvalued?
Based on historical data, TTM Technologies, Inc. is trading at a P/E of 128.8x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are TTM Technologies, Inc.'s profit margins?
TTM Technologies, Inc. has 19.6% gross margin and 9.0% operating margin.
How much debt does TTM Technologies, Inc. have?
TTM Technologies, Inc.'s Debt/EBITDA ratio is 2.7x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.