TTMI · Intrinsic value
Is TTM Technologies, Inc. (TTMI) overvalued or undervalued?
TTM Technologies, Inc. (TTMI) trades at the delayed market price of $98.38 a share. That price already implies revenue growth of more than 25%/yr. TickerWorth's fair value is $108.26 a share (priced within our range of $50.13 – $133.18). We do not call it over- or undervalued from inside our range.
Model by Miraaj Patel · generated from SEC filings and market data · Updated Oct 19, 2026 · How these pages are made
Is TTMI fairly valued?
- Fair value
- $108.26
- Market price
- $98.38
- Upside to fair value
- +10.0%
- Verdict
- Priced within our range of $50.13 – $133.18
Reverse DCF, on our cash-flow model rather than the fair value above: Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast.
What is TTMI's TickerWorth Score?
Middle of the pack — real strengths and real weaknesses
Compared with Technology companies in US
Its strongest point: growing quickly. Its weakest: profitability is weak.
- Value · 45 of 100
Cheaper than 45% of Technology companies in US
- Price vs worth · 58 of 100
- Quality · 35 of 100
More profitable than 35% of Technology companies in US
- Financial health · 42 of 100
Financially stronger than 42% of Technology companies in US
- Growth · 81 of 100
Growing faster than 81% of Technology companies in US
- Momentum · 33 of 100
Outperformed 33% of Technology companies in US over the past year
Confidence: Medium confidence · Scored
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TTMI DCF valuation, input by input
TickerWorth's fair value for TTM Technologies, Inc. (TTMI) is $108.26 a share, against the delayed market price of $98.38 (priced within our range of $50.13 – $133.18). We do not call it over- or undervalued from inside our range. It is a model estimate, and every input behind it is sourced below.
Read the full reasoning
For this company that blend leans on peer multiples: our discounted-cash-flow model understates a business growing this fast, so read the gap as how the market prices it against comparable companies, not as a finding on cash flow. This is an educational model, not a price target or a recommendation.
The valuation discounts TTM Technologies, Inc.'s projected free cash flows at a weighted-average cost of capital (WACC) of 14.5%, with a long-run terminal growth rate of 2.5%. About 56% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — TTMI would need sustained revenue growth of more than 25%/yr to justify today's price, against about 11.6% a year compounded in our base case. We don't quote a precise figure here, because past about 25% a year the reverse-DCF stops being informative: it solves for revenue growth alone, holding margins, capital intensity and the forecast horizon fixed, so a price well above our fair value has nowhere to go but growth. The honest reading is that the price implies growth this model can't reconcile — not that we forecast it.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, TTMI's modeled DCF value ranges from about $8.34 to $13.59 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what TTM Technologies, Inc. would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of TTMI's intrinsic value. Figures update as new filings and prices come in.
Every input behind TTMI's DCF
| Input | Value |
|---|---|
| Base-year revenueTTM TECHNOLOGIES, INC. FY2025 10-K (accession 0001193125-26-051976): us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, FY2025 full year. | $2,906,340,000 |
| Base EBIT marginTTM TECHNOLOGIES, INC. FY2025 10-K (accession 0001193125-26-051976): us-gaap:OperatingIncomeLoss 264,684,000 / revenue 2,906,345,000 = 9.11%, FY2025. | 9.1% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 20% → 16% → 12% → 8% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.2% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 2.14 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesTTM TECHNOLOGIES, INC. FY2025 10-K (accession 0001193125-26-051976): WeightedAverageNumberOfDilutedSharesOutstanding = 105,453,000 shares, FY2025. | 105M |
| Market priceDelayed quote · as of 2026-10-19 17:01 UTC | $98.38 |
Change TTMI's assumptions
The discount-rate dial and the editable model
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What does TTM Technologies, Inc. do?
What does it do?
TTM Technologies, Inc. manufactures and sells mission systems, radio frequency (RF) components, RF microwave/microelectronic assemblies, and printed circuit boards (PCBs) and substrates in the United States, Taiwan, and internationally. It operates in the Electronic Components industry (Technology sector), headquartered in United States. The company employs roughly 18,200 people.
How does it make money?
The business turns $3.4B in annual revenue into profit. Out of every $100 of sales, about $11 is left as operating profit (operating margin of 10.9%), after a 21% gross margin on the products/services it sells. After all costs, taxes and interest, 7.0% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks mixed: carries modest debt (0.6× equity), comfortably covers its short-term bills (1.8× current ratio), and is currently profitable.
Who at TTMI filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| Roks Edwin | Director, President and CEO | Shares withheld (tax) | $614,824.23 | Form 4 for Roks Edwin (opens sec.gov in a new tab) | |
| Roks Edwin | Director, President and CEO | Open-market buy | $1,117,700.00 | Form 4 for Roks Edwin (opens sec.gov in a new tab) | |
| BOEHLE DANIEL L. | EVP and CFO | Shares withheld (tax) | $660,510.49 | Form 4 for BOEHLE DANIEL L. (opens sec.gov in a new tab) | |
| Geveden Rex D | Director | Open-market buy | $524,500.00 | Form 4 for Geveden Rex D (opens sec.gov in a new tab) | |
| Knecht Dale Martin | SVP Information Technology | Open-market sale | $3,720,116.00 | Form 4 for Knecht Dale Martin (opens sec.gov in a new tab) | |
| Walsh James P | Chief Operating Officer | Open-market sale | $24,184.10 | Form 4 for Walsh James P (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
Common questions
What is TTMI's intrinsic value?
TickerWorth's blended fair value for TTM Technologies, Inc. (TTMI) is $108.26 per share, versus a market price of $98.38 (priced within our range of $50.13 – $133.18).
Is TTMI overvalued or undervalued?
Priced within our range of $50.13 – $133.18 at $98.38. We don't call TTMI overvalued or undervalued from a range. This is an educational estimate, not advice.
What discount rate is used for TTMI?
A WACC of 14.5% and a terminal growth rate of 2.5%.
Is TTM Technologies stock undervalued?
TickerWorth's fair value for TTM Technologies, Inc. (TTMI) is $108.26 against a market price of $98.38. Our read: Priced within our range of $50.13 – $133.18. This is a model estimate, not investment advice.
TTM Technologies (TTMI) DCF valuation and fair value
Our fair value for TTM Technologies, Inc. (TTMI) is $108.26, built on a 14.5% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into TTM Technologies stock?
Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of $98.38. A model estimate, not investment advice.
TTM Technologies (TTMI) insider trading
The most recent insider filing (SEC Form 4) for TTM Technologies, Inc. (TTMI): Roks Edwin, Director, President and CEO, shares withheld (tax) on 2026-09-02. The latest filings are listed on this page. A disclosure, not a signal to trade.
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.