TTM Technologies (STU:TT1) EBIT: €234 Mil (TTM As of Mar. 2026)


STU:TT1 TTM Technologies Inc STU:TT1
74 GF Score
Price €172.75
GF Value €26.59
Valuation Significantly Overvalued
! 2 Warning Signs
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What is TTM Technologies EBIT?

TTM Technologies STU:TT1 -6.01% 74 EBIT is €234 Mil as of Mar. 2026. GuruFocus rates STU:TT1 with a GF Score™ of 74/100 and a GF Value™ of €26.59 (Significantly Overvalued). The stock has 2 warning signs investors should review.

TTM Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €60 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €234 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TTM Technologies's annualized ROC % for the quarter that ended in Mar. 2026 was 9.18%. TTM Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. TTM Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.29%.


TTM Technologies  (STU:TT1) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

TTM Technologies's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=251.696 * ( 1 - 14.59% )/( (2247.473 + 2434.479)/ 2 )
=214.9735536/2340.976
=9.18 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3279.643 - 604.116 - ( 428.054 - max(0, 821.716 - 1584.517+428.054))
=2247.473

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3443.591 - 654.42 - ( 354.692 - max(0, 878.403 - 1655.442+354.692))
=2434.479

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

TTM Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=239.172/( ( (932.247 + max(-54.064, 0)) + (1010.82 + max(-9.245, 0)) )/ 2 )
=239.172/( ( 932.247 + 1010.82 )/ 2 )
=239.172/971.5335
=24.62 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(481.435 + 213.549 + 61.802) - (604.116 + 149.985 + 56.749)
=-54.064

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(534.641 + 242.382 + 79.957) - (654.42 + 150.968 + 60.837)
=-9.245

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

TTM Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=233.932/18066.325
=1.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TTM Technologies EBIT Related Terms


TTM Technologies EBIT Historical Data

* Premium members only.

The historical data trend for TTM Technologies's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TTM Technologies EBIT Chart

TTM Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.24 215.59 44.40 125.55 218.34

TTM Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.52 49.09 61.53 63.52 59.79

STU:TT1 vs VICR, SANM, FN: EBIT Comparison

For the Electronic Components subindustry, TTM Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TTM Technologies EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, TTM Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where TTM Technologies's EV-to-EBIT falls into.


STU:TT1
74GF Score
TTM Technologies Inc STU:TT1
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TTM Technologies EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €234 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €234 Mil mean?
TTM Technologies (STU:TT1) has a EBIT of €234 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TTM Technologies.
Is TTM Technologies' EBIT too high?
TTM Technologies' current EBIT is €234 Mil. Overall, TTM Technologies has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TTM Technologies' EBIT compare to VICR and SANM?
TTM Technologies' EBIT of €234 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Hardware company?
A good EBIT depends on the Hardware industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TTM Technologies. TTM Technologies's current EBIT is €234 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTM Technologies stock overvalued right now?
Based on GuruFocus' analysis, TTM Technologies (STU:TT1) is currently considered Significantly Overvalued. The stock's GF Value™ is €26.59, compared to a current price of €172.75 — trading 549.7% above its estimated fair value. The current EBIT is €234 Mil. TTM Technologies' overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For TTM Technologies (STU:TT1), the current EBIT is €234 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TTM Technologies (STU:TT1) Overvalued in 2026?

Based on GuruFocus' analysis, TTM Technologies stock appears to be overvalued. The current stock price of €172.75 is trading 549.7% above its estimated GF Value™ of €26.59. GuruFocus considers TTM Technologies to be Significantly Overvalued.

Key valuation signals for STU:TT1:

  • EBIT: €234 Mil
  • GF Value™: €26.59 vs. price of €172.75 (549.7% above fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the STU:TT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TTM Technologies Business Description

Other Exchanges TTMI:USATTMI:Mexico
Address 200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707
TTM Technologies Inc manufactures technology products, including mission systems, RF components, RF/microwave assemblies, and advanced interconnect products such as PCBs and substrates. It operates through three segments: A&D, Commercial, and RF&S Components. The A&D segment supports aerospace and defense missions with PCBs, assemblies, microelectronics, and integrated systems. The Commercial segment, generating the majority of revenue, serves automotive, medical, industrial, and data center markets. The RF&S Components segment provides TTM-designed RF components and COTS products. The Company's revenues come from PCBs, engineered systems, and long-term contracts for intelligence, surveillance, and communications solutions.
74GF Score

Get the complete analysis for STU:TT1

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€172.75
Price
€26.59
GF Value