TTM Technologies Inc. TTMI

Name: TTMI Crucible Score
Creator: Kaladin Capital Intelligence

UnknownUnknownN/A📅 Scored March 17, 2026

Price at analysis: $101.91

Crucible Score

46.7

C-

Quality × Value Composite

KQI — Quality

54.3

Fundamental Quality Index

KVI — Value

37.4

D-

Valuation Attractiveness Index

Crucible Verdict — TTMI

TTM Technologies Inc. (TTMI) presents a quality-value disconnect with decent fundamentals (KQI 54.3) but poor value metrics (KVI 37.4), resulting in a below-average C- rating. The stock trades essentially at fair value ($102 vs $101), while insider selling signals management's lukewarm confidence despite an impressive 83% earnings beat rate. TTMI's strong diversification scores suggest resilience, but value-conscious investors should wait for a better entry point.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality

47.3

Growth Profile

50.4

Moat Durability

55.5

Management Effectiveness

58.2

Diversification & Resilience

70.2

Market Position

54.0

Weakest dimension: Financial Quality (47.3)

◆ KVI Value Dimensions

DCF Margin of Safety

46.1

FCF Yield & Cash Returns

28.8

Relative Valuation

57.3

Growth-Adjusted Value

24.5

Historical Valuation

14.0

Macro Context

38.0

◆ DCF Valuation Scenarios

Bear Case

$62.18

Base Case

$100.53

Bull Case

$155.72

Price at Analysis

$101.91

Scenario	Fair Value	Rev CAGR (5yr)	Terminal Margin	WACC
🔴 Bear	$62.18	4.0%	6.5%	14.9%
🟢 Base	$100.53	7.0%	9.0%	14.0%
🟢 Bull	$155.72	10.0%	11.5%	13.0%

Key Assumptions: WACC calculated using CAPM with 4.39% risk-free rate, 1.76 beta, and 5.75% ERP yielding ~14.5% base cost of equity, blended with after-tax cost of debt for WACC near 13-15%. Revenue growth anchored to 5-year CAGR of ~5.3% with most recent year showing strong recovery to $2.9B. Operating margins ranged from 1.9% to 9.0% historically; bear assumes margin compression toward lower end while bull assumes sustained improvement toward high single digits and above, reflecting mix shift toward higher-value aerospace/defense and data center markets. Capex intensity normalized to ~8% of revenue from recent elevated levels as capacity buildout moderates.

◆ Financial Snapshot

Profitability

Gross Margin20.3%

Operating Margin9.0%

Net Margin6.1%

ROIC6.7%

ROE6.8%

Balance Sheet

Balance SheetCR: 1.93

Cash ConversionFCF/EPS: -0.01x

Capital IntensityCapex/Rev: 10.1%

Altman Z-Score4.33 (Safe)

Piotroski F-Score6/9 (Good)

Growth

Revenue CAGR8.4% CAGR

Earnings CAGR-0.0% CAGR

Growth ConsistencyCV: 4.47

Segment Breadth3/4 growing (75%)

Quarterly TrendRev→+19%, Margin↑, WC↓

Earnings CredibilityConsistent Beater

◆ Analyst Consensus & Leadership

Leadership & Governance

CEO Ownership1.3%

Compensation0% performance-based

Insider ActivitySelling

Capital AllocationROIC 6.7% vs WACC 3.2%

Earnings Beat Rate83% (17/22)

◆ Related Companies in Our Universe

Other Unknown companies scored by the Crucible:

ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+

Methodology All Scores Crucible Briefs Performance @KaladinCI

Analysis conducted March 17, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.