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Upturn AI SWOT - About
TTM Technologies Inc (TTMI)
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Upturn Advisory Summary
06/30/2025: TTMI (5-star) is a STRONG-BUY. BUY since 38 days. Profits (62.44%). Updated daily EoD!
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Number of Analysts
4 Analysts rated it
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Year Target Price $40
Year Target Price $40
| 3 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Under performing |
| 0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit 89.85% | Avg. Invested days 55 | Today’s Advisory Regular Buy |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.09B USD | Price to earnings Ratio 53.67 | 1Y Target Price 40 |
Price to earnings Ratio 53.67 | 1Y Target Price 40 | ||
Volume (30-day avg) 4 | Beta 1.38 | 52 Weeks Range 15.77 - 41.54 | Updated Date 06/30/2025 |
52 Weeks Range 15.77 - 41.54 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.75 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 3.09% | Operating Margin (TTM) 7.86% |
Management Effectiveness
Return on Assets (TTM) 3.51% | Return on Equity (TTM) 5.02% |
Valuation
Trailing PE 53.67 | Forward PE - | Enterprise Value 4699018983 | Price to Sales(TTM) 1.62 |
Enterprise Value 4699018983 | Price to Sales(TTM) 1.62 | ||
Enterprise Value to Revenue 1.86 | Enterprise Value to EBITDA 15.39 | Shares Outstanding 101630000 | Shares Floating 99851804 |
Shares Outstanding 101630000 | Shares Floating 99851804 | ||
Percent Insiders 1.96 | Percent Institutions 104.15 |
Analyst Ratings
Rating 2 | Target Price 40 | Buy 1 | Strong Buy 3 |
Buy 1 | Strong Buy 3 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
TTM Technologies Inc
Company Overview
History and Background
TTM Technologies, Inc. was founded in 1998 through the merger of Tyco Printed Circuit Group and Meade Corporation. Initially focused on high-technology printed circuit boards, TTM has grown through acquisitions and organic growth, expanding its capabilities and market reach.
Core Business Areas
- Printed Circuit Boards (PCBs): Manufacturing of PCBs, including high-density interconnect (HDI), rigid, flexible, and rigid-flex PCBs.
- Engineering Services: Providing engineering and design support for PCB development.
- Backplanes and Assembly: Manufacturing and assembly of backplanes and other electronic components.
Leadership and Structure
TTM is led by Thomas T. Edman (President & CEO). The company operates with a functional organizational structure, with divisions focused on sales, operations, technology, and finance.
Top Products and Market Share
Key Offerings
- High-Density Interconnect (HDI) PCBs: HDI PCBs are used in advanced electronics. Market share information not readily available. Competitors include Unimicron, AT&S, and Compeq.
- Rigid PCBs: Rigid PCBs are foundational to electronics. Market share information not readily available. Competitors include Unimicron, AT&S, and Compeq.
- Flexible and Rigid-Flex PCBs: Used in applications requiring bendability. Market share information not readily available. Competitors include Unimicron, AT&S, and Compeq.
Market Dynamics
Industry Overview
The PCB market is driven by the increasing demand for electronics in automotive, aerospace, defense, communications, and consumer electronics sectors. The industry is competitive, with players focusing on technology advancements and cost optimization.
Positioning
TTM is positioned as a leading global manufacturer of PCBs, focusing on high-technology solutions and serving diverse end markets. Their competitive advantage lies in their engineering expertise and manufacturing scale.
Total Addressable Market (TAM)
The global PCB market is estimated to be over $80 billion. TTM is positioned to capture a share of this TAM through its focus on high-end applications and strategic partnerships.
Upturn SWOT Analysis
Strengths
- Strong market position in high-technology PCBs
- Diversified end-market exposure
- Established customer relationships
- Advanced manufacturing capabilities
Weaknesses
- Exposure to cyclicality in end markets
- High capital expenditure requirements
- Dependence on key suppliers
- Integration risks from acquisitions
Opportunities
- Growth in automotive electronics
- Increasing demand for 5G infrastructure
- Expanding applications in aerospace and defense
- Potential acquisitions to expand capabilities
Threats
- Intense competition from low-cost manufacturers
- Economic downturns affecting end markets
- Technological changes disrupting the industry
- Geopolitical risks impacting supply chains
Competitors and Market Share
Key Competitors
- UMC
- ATSF
- 6239.TW
Competitive Landscape
TTM competes with other global PCB manufacturers on the basis of technology, price, and service. TTM's advantages include its scale, engineering expertise, and diversified end-market exposure. Disadvantages include its cost structure relative to low-cost manufacturers.
Major Acquisitions
Anaren, Inc.
- Year: 2018
- Acquisition Price (USD millions): 775
- Strategic Rationale: Expanded TTM's aerospace and defense capabilities.
Growth Trajectory and Initiatives
Historical Growth: TTM has grown through organic growth and strategic acquisitions. The pace of growth has been influenced by economic conditions and end-market demand.
Future Projections: Analyst projections suggest continued growth in revenue, driven by increasing demand for PCBs in key end markets. Profitability is expected to improve with operational efficiencies and strategic initiatives.
Recent Initiatives: TTM has been investing in new technologies and expanding its manufacturing capacity to meet growing demand. The company is also focused on improving operational efficiency and reducing costs.
Summary
TTM Technologies is a significant player in the PCB market, benefiting from its advanced manufacturing capabilities and diverse end-market exposure. While its growth is tied to economic cycles, strategic initiatives and acquisitions support long-term expansion. The company needs to navigate intense competition and technological shifts. Overall, TTM shows promise but requires careful management of costs and strategic positioning for future success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- TTM Technologies Inc. SEC Filings
- Industry Reports
- Financial News Sources
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market data and analyst estimates are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About TTM Technologies Inc
Exchange NASDAQ | Headquaters Santa Ana, CA, United States | ||
IPO Launch date 2000-09-21 | President, CEO & Director Mr. Thomas T. Edman | ||
Sector Technology | Industry Electronic Components | Full time employees 16400 | Website https://www.ttm.com |
Full time employees 16400 | Website https://www.ttm.com | ||
TTM Technologies, Inc., together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. It operates in two segments, PCB and RF&S Components. The company offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs. It also provides value-added services, such as design for manufacturability, PCB layout design, simulation and testing services, and quick turnaround production, as well as specialized assembly and RF testing. In addition, the company offers maritime surveillance and weather avoidance radar systems for fixed- and rotary-wing aircraft, unmanned aerial vehicles, and shipboard platforms; AN/APS-153 multi-mode radar; communications suite within the MH-60R/S multi-mission helicopters; and develops multi-mode maritime and overland surveillance AESA radar under MOSAIC brand. Further, it provides identification friend, monopulse secondary surveillance radars, and air traffic control systems; wired and wireless communication systems; custom electronic assemblies; quick turnaround services comprising prototype production and ramp-to-volume production; and thermal management. The company serves original equipment manufacturers and electronic manufacturing services providers, original design manufacturers, distributors, and government agencies; and aerospace and defense, data center computing, automotive, medical, industrial, and instrumentation, and networking markets. TTM Technologies, Inc. was incorporated in 1978 and is headquartered in Santa Ana, California.
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