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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Tetra Tech Inc. To summarize, we found that Tetra Tech Inc ranked in the 33th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 46.5%. In terms of the factors that were most noteworthy in this DCF analysis for TTEK, they are:
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 37.67% of tickers in our DCF set.
Tetra Tech Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 12.26. This coverage rate is greater than that of 79.26% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Relative to other stocks in its sector (Industrials), Tetra Tech Inc has a reliance on debt greater than just 21.46% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TTEK, try EEX, ITW, ROP, ITNM, and CLCT.
PASADENA, Calif.--(BUSINESS WIRE)--IP3, a division of Tetra Tech, Inc. (NASDAQ: TTEK), is pleased to announce the launch of its new online learning offerings. For 25 years, IP3 has been building capacity within public and private sector institutions in public-private partnerships (PPP), project finance, and regulation and utility management best practices. P-10: Public-Private Partnership (PPP) Foundations provides participants with an introduction to PPP procurement, project design, and implem
Good morning, and thank you for joining the Tetra Tech Earnings Call. As a reminder, Tetra Tech is also simulcasting this presentation with slides in the Investors section of its website at www.tetratech.com. This call is being recorded at the request of Tetra Tech, and this broadcast is the copyright property of Tetra Tech.