Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
TTM Technologies Inc (TTMI)
Top performer
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: TTMI (5-star) is a SELL. SELL since 3 days. Profits (85.56%). 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
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $56.75
1 Year Target Price $56.75
| 3 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 116.87% | Avg. Invested days 61 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.40B USD | Price to earnings Ratio 47.89 | 1Y Target Price 56.75 |
Price to earnings Ratio 47.89 | 1Y Target Price 56.75 | ||
Volume (30-day avg) 4 | Beta 1.49 | 52 Weeks Range 15.77 - 51.15 | Updated Date 08/15/2025 |
52 Weeks Range 15.77 - 51.15 | Updated Date 08/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.89 |
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 2025-07-29 | When Before Market | Estimate 0.5226 | Actual 0.58 |
Profitability
Profit Margin 3.52% | Operating Margin (TTM) 8.65% |
Management Effectiveness
Return on Assets (TTM) 3.85% | Return on Equity (TTM) 5.89% |
Valuation
Trailing PE 47.89 | Forward PE - | Enterprise Value 5224605799 | Price to Sales(TTM) 1.66 |
Enterprise Value 5224605799 | Price to Sales(TTM) 1.66 | ||
Enterprise Value to Revenue 1.97 | Enterprise Value to EBITDA 16.47 | Shares Outstanding 103313000 | Shares Floating 101514590 |
Shares Outstanding 103313000 | Shares Floating 101514590 | ||
Percent Insiders 1.94 | Percent Institutions 95.69 |
Upturn AI SWOT
TTM Technologies Inc
Company Overview
History and Background
TTM Technologies Inc. was founded in 1998. It grew through acquisitions, becoming a major player in printed circuit boards (PCBs) and backplanes for various industries. Initially focusing on time-to-market solutions, it expanded its capabilities and global reach.
Core Business Areas
- Printed Circuit Boards (PCBs): TTM Technologies designs and manufactures a wide range of PCBs, from basic single-layer boards to complex multi-layer and high-density interconnect (HDI) boards.
- Engineering Services: TTM offers engineering services including design support, simulation, and testing to assist customers in developing and optimizing their PCB designs.
Leadership and Structure
TTM Technologies is led by Thomas T. Edman (CEO). The company has a functional organizational structure with departments such as Engineering, Manufacturing, Sales, and Finance.
Top Products and Market Share
Key Offerings
- High-Density Interconnect (HDI) PCBs: HDI PCBs are used in advanced electronics requiring high performance and miniaturization. The market share for HDI PCBs is competitive, with TTM holding a significant portion. Competitors include Unimicron, Compeq, and AT&S. Revenue from HDI PCBs is significant, driving a large portion of TTM's revenue.
- Rigid-Flex PCBs: Rigid-Flex PCBs combine the advantages of rigid and flexible PCBs, allowing for complex designs and space savings. TTM has a competitive offering in this space. Key competitor include NOK Corporation.
Market Dynamics
Industry Overview
The PCB industry is driven by the increasing demand for electronics across various sectors, including automotive, aerospace, defense, communications, and medical. Trends include miniaturization, higher performance, and integration of advanced materials.
Positioning
TTM Technologies is a leading provider of PCBs, focusing on high-technology and quick-turn solutions. Its competitive advantage lies in its diverse product portfolio, engineering capabilities, and global manufacturing footprint.
Total Addressable Market (TAM)
The global PCB market is estimated to be $80-90 billion. TTM Technologies is well positioned to capture a portion of this TAM, focusing on the high-end, technology-driven segments.
Upturn SWOT Analysis
Strengths
- Strong technological capabilities
- Diverse product portfolio
- Global manufacturing footprint
- Strong customer relationships
Weaknesses
- Dependence on specific industries
- Exposure to economic cycles
- Higher labor costs in some regions
- High R&D expenses
Opportunities
- Growth in emerging markets
- Increasing demand for advanced PCBs
- Expansion into new applications
- Acquisitions of complementary businesses
Threats
- Intense competition
- Technological obsolescence
- Fluctuations in raw material prices
- Geopolitical risks
Competitors and Market Share
Key Competitors
- Unimicron (3046.TW)
- Compeq (2313.TW)
- AT&S (ATS.VI)
Competitive Landscape
TTM Technologies competes with other PCB manufacturers on the basis of technology, price, quality, and service. Its strengths include its diverse product portfolio and global footprint, while its weaknesses include higher costs in some regions.
Major Acquisitions
Anaren, Inc.
- Year: 2018
- Acquisition Price (USD millions): 775
- Strategic Rationale: Expanded capabilities in RF and microwave components.
Growth Trajectory and Initiatives
Historical Growth: TTM Technologies' growth has been driven by organic expansion and strategic acquisitions.
Future Projections: Analyst estimates suggest continued growth driven by increasing demand for advanced PCBs.
Recent Initiatives: TTM Technologies has been investing in capacity expansion and technology upgrades to support future growth.
Summary
TTM Technologies is a major PCB manufacturer with strengths in technology and global reach. While it faces competition and economic sensitivities, the increasing demand for advanced electronics provides opportunities for growth. Strategic acquisitions have expanded its capabilities. However, it needs to be mindful of the rising cost and geopolitical risks in regions it operates in.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market share data is estimated and may vary depending on the source.
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. manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) in the United States, Taiwan, and internationally. It operates in two segments, PCB and RF&S Components. The company offers a 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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.