Tetra Tech is a provider of consulting, engineering, program management, and construction management services. The Company supports commercial and government clients focused on water, environment, infrastructure, resource management, and energy. The company was founded in 1966 and is based in Pasadena, California.
TTEK Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Tetra Tech Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Tetra Tech Inc ranked in the 41th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 35.67%. As for the metrics that stood out in our discounted cash flow analysis of Tetra Tech Inc, consider:
Interest coverage, a measure of earnings relative to interest payments, is 16.75 -- which is good for besting 85.06% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
The business' balance sheet reveals debt to be 7% of the company's capital (with equity being the remaining amount). Approximately only 21.04% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
TTEK's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 39.85% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
FCN, IEP, ALLE, DCI, and WM can be thought of as valuation peers to TTEK, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today the planned dates for its first quarter 2021 results and conference call. On Wednesday, January 27, 2021, after market close, Tetra Tech intends to announce its first quarter 2021 results. On Thursday, January 28, 2021, at 8:00 a.m. Pacific Time, Tetra Tech plans to host a conference call to present and discuss the Company’s financial results an
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Tetra Tech was among 400 firms selected for the list out of more than 2,000 companies evaluated. We also ranked among the top 10 companies in the Professional Services category. This accomplishment highlights our continued commitment to our environmental, social, and governance (ESG) goals.