Tetra Tech Intrinsic Stock Value – TETRA TECH Reports 35.8% Increase in Revenue for Third Quarter of FY2023
August 23, 2023
☀️Earnings Overview
TETRA TECH ($NASDAQ:TTEK) disclosed their financial results for the third quarter of FY2023 on June 30th 2023, which showed total revenue of USD 1209.0 million, a year-over-year increase of 35.8%. Net income also rose 2.7% compared to the same period in the prior year, reaching USD 60.2 million.
Analysis – Tetra Tech Intrinsic Stock Value
GoodWhale has conducted an analysis of TETRA TECH‘s fundamentals and found that the intrinsic value of TETRA TECH share is around $172.1, calculated by our proprietary Valuation Line. This presents a good opportunity to investors who are looking to buy at a discount and potentially benefit from the expected increase in share prices. Despite this, it is always important to conduct a thorough analysis of companies before investing in them as fundamentals are subject to change. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tetra Tech. More…
| Total Revenues | Net Income | Net Margin |
| 4.16k | 302.72 | 7.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tetra Tech. More…
| Operations | Investing | Financing |
| 336.19 | -55.74 | -249.61 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tetra Tech. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.97k | 2.52k | 27.28 |
Key Ratios Snapshot
Some of the financial key ratios for Tetra Tech are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.5% | 21.4% | 11.0% |
| FCF Margin | ROE | ROA |
| 9.3% | 20.3% | 7.2% |
Peers
The company operates in over 40 countries and has a workforce of over 20,000 employees. Tetra Tech‘s main competitors are NV5 Global Inc, Atlas Technical Consultants Inc, and PORR AG.
– NV5 Global Inc ($NASDAQ:NVEE)
NV5 Global Inc is a professional and technical consulting firm that provides a variety of services to public and private sector clients. The company offers a wide range of services including program and construction management, consulting engineering, energy efficiency, and environmental health and safety. NV5 Global has a market cap of 2.02B as of 2022 and a Return on Equity of 8.78%. The company has a long history of providing high quality services to its clients and has a strong reputation in the industry.
– Atlas Technical Consultants Inc ($NASDAQ:ATCX)
Atlas Technical Consultants Inc. is a civil engineering firm that provides consulting services for infrastructure projects. The company has a market capitalization of $256.67 million and a return on equity of -15.82%. Atlas Technical Consultants Inc. provides consulting services for transportation, water, and wastewater projects. The company was founded in 1985 and is headquartered in Los Angeles, California.
– PORR AG ($LTS:0J04)
Porr AG is a publicly traded company with a market capitalization of 406.24 million as of 2022. The company’s return on equity is 10.75%. Porr AG is a construction and engineering company that specializes in the development, construction, and operation of infrastructure projects. The company has a strong focus on transportation infrastructure, including railways, highways, and airports. Porr AG also has a significant presence in the energy sector, with a focus on renewable energy projects.
Summary
TETRA TECH‘s financial results for the third quarter of FY2023 demonstrate strong performance, with total revenue up 35.8% compared to the same period in FY2022. Net income also saw a modest increase of 2.7%, totaling USD 60.2 million. This indicates that TETRA TECH is well positioned to deliver value for investors in the long term, making it an attractive option for those looking to invest in a reliable and profitable company.
