TTM Technologies, Inc. logo TTMI - TTM Technologies, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $209.33 DETAILS
HIGH: $215.00
LOW: $205.00
MEDIAN: $208.00
CONSENSUS: $209.33
UPSIDE: 60.85%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Strong
Trading 104.8% above fair value
Current Price $130.14
Bear Case $50.83 60.9% downside ($50.83 - $130.14) / $130.14 = -60.9% $1.81 × 12x P/E
Fair Value $63.54 51.2% downside ($63.54 - $130.14) / $130.14 = -51.2% $1.81 × 15x P/E
Bull Case $76.25 41.4% downside ($76.25 - $130.14) / $130.14 = -41.4% $1.81 × 18x P/E

Adjust Assumptions

15.0x
1.81$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 72.1x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $209.33 from 14 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $63.54 per share.

Warnings

Wall Street's average price target is $209.33 (from 14 analysts). Our estimate is 87% below the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples