TTMI logo TTMI
Upturn stock rating
TTMI logo

TTM Technologies Inc (TTMI)

Upturn stock rating
$67.2
Last Close (24-hour delay)
Today's Top Performer Top performer
Profit since last BUY42.98%
upturn advisory
Strong Buy
BUY since 40 days
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*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

10/31/2025: TTMI (5-star) is a STRONG-BUY. BUY since 40 days. Simulated Profits (42.98%). Updated daily EoD!

Upturn Star Rating

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

rating

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $75.5

1 Year Target Price $75.5

Analysts Price Target For last 52 week
$75.5 Target price
52w Low $15.77
Current$67.2
52w High $67.47

Analysis of Past Performance

Type Stock
Historic Profit 210.08%
Avg. Invested days 57
Today’s Advisory Strong Buy
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/31/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.94B USD
Price to earnings Ratio 53.33
1Y Target Price 75.5
Price to earnings Ratio 53.33
1Y Target Price 75.5
Volume (30-day avg) 4
Beta 1.62
52 Weeks Range 15.77 - 67.47
Updated Date 11/2/2025
52 Weeks Range 15.77 - 67.47
Updated Date 11/2/2025
Dividends yield (FY) -
Basic EPS (TTM) 1.26

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 2025-10-29
When After Market
Estimate 0.6
Actual 0.67

Profitability

Profit Margin 4.74%
Operating Margin (TTM) 9.62%

Management Effectiveness

Return on Assets (TTM) 4.08%
Return on Equity (TTM) 8.12%

Valuation

Trailing PE 53.33
Forward PE -
Enterprise Value 6807365156
Price to Sales(TTM) 2.49
Enterprise Value 6807365156
Price to Sales(TTM) 2.49
Enterprise Value to Revenue 2.57
Enterprise Value to EBITDA 21.45
Shares Outstanding 103313274
Shares Floating 101547237
Shares Outstanding 103313274
Shares Floating 101547237
Percent Insiders 1.82
Percent Institutions 100.74

ai summary icon Upturn AI SWOT

TTM Technologies Inc

stock logo

Company Overview

overview logo History and Background

TTM Technologies, Inc. was founded in 1998. It has grown through organic expansion and strategic acquisitions to become a major global manufacturer of printed circuit boards (PCBs).

business area logo Core Business Areas

  • Printed Circuit Boards (PCBs): TTM's core business is the manufacturing of PCBs, which are used in a wide range of electronic devices.
  • Engineering Services: TTM offers engineering services to assist customers with PCB design and development.

leadership logo Leadership and Structure

TTM Technologies is led by Thomas T. Edman (President and CEO). The company has a functional organizational structure.

Top Products and Market Share

overview logo Key Offerings

  • High-Density Interconnect (HDI) PCBs: HDI PCBs are a key offering, enabling miniaturization and high performance in electronic devices. Market share data is not publicly available but TTM is considered a leading provider. Competitors include AT&S, Unimicron, and Compeq.
  • Rigid PCBs: Rigid PCBs are a standard offering used in various applications. TTM has a significant presence in this market. Competitors include Unimicron, Compeq, and Samsung Electro-Mechanics.

Market Dynamics

industry overview logo Industry Overview

The PCB market is driven by the growth of electronics across various sectors, including automotive, aerospace, defense, and telecommunications. Trends include miniaturization, higher performance, and increasing complexity.

Positioning

TTM is a major player in the PCB market, particularly for high-technology applications. Its competitive advantage lies in its technological capabilities, manufacturing scale, and customer relationships.

Total Addressable Market (TAM)

The global PCB market is estimated to be around $80 billion. TTM is well-positioned to address a significant portion of this TAM, especially in the high-end segment.

Upturn SWOT Analysis

Strengths

  • Strong technological capabilities
  • Global manufacturing footprint
  • Diversified customer base
  • Strong relationships with leading technology companies

Weaknesses

  • Susceptibility to economic cycles
  • Reliance on key customers
  • Exposure to raw material price fluctuations

Opportunities

  • Growth in automotive electronics
  • Expansion in aerospace and defense sectors
  • Increasing demand for HDI PCBs
  • Growth in AI/ML applications requiring advanced packaging

Threats

  • Intense competition
  • Technological obsolescence
  • Geopolitical risks
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • ATSF.PA
  • UMC.TWO
  • 3227.TW

Competitive Landscape

TTM competes with other PCB manufacturers on the basis of technology, quality, price, and service. TTM's scale and technological capabilities provide a competitive advantage.

Major Acquisitions

Anaren Inc.

  • Year: 2018
  • Acquisition Price (USD millions): 775
  • Strategic Rationale: Expanded TTM's capabilities in radio frequency (RF) and microwave technologies.

Growth Trajectory and Initiatives

Historical Growth: TTM's growth has been driven by organic expansion and acquisitions.

Future Projections: Analyst estimates suggest continued growth, driven by demand for PCBs in key sectors. Specific growth rates will vary based on market conditions.

Recent Initiatives: TTM has been investing in new technologies and expanding its manufacturing capacity to support future growth. No specific initiatives were found during research.

Summary

TTM Technologies is a strong player in the PCB market with a global presence. Its focus on high-technology applications provides a competitive edge. Economic cycles and raw material prices pose risks that the company must mitigate, but has the potential to thrive.

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Sources and Disclaimers

Data Sources:

  • Company filings, Industry reports, Analyst estimates, Public news sources

Disclaimers:

The data and analysis provided are based on available information and are subject to change. This is not financial advice.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization 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 Dr. Edwin Roks B.Sc., M.Sc., Ph.D.
Sector Technology
Industry Electronic Components
Full time employees 16400
Full time employees 16400

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.