Turtle Fundamentals

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USD 10.02  0.29  2.98%   

Turtle Beach Corp fundamentals help investors to digest information that contributes to Turtle Beach's financial success or failures. It also enables traders to predict the movement of Turtle Stock. The fundamental analysis module provides a way to measure Turtle Beach's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Turtle Beach stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Turtle Beach Revenues is relatively stable at the moment as compared to the past year. Turtle Beach reported last year Revenues of 366.35 Million. As of 12/04/2022, Research and Development Expense is likely to grow to about 18.9 M, while Gross Profit is likely to drop slightly above 107.5 M.

Turtle Price to Book Analysis

Turtle Beach's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Current Turtle Beach Price to Book

    
  1.38 X  
Most of Turtle Beach's fundamental indicators, such as Price to Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Turtle Beach Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Turtle Price to Book Historical Pattern

Today, most investors in Turtle Beach Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Turtle Beach's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Turtle Beach price to book as a starting point in their analysis.
   Turtle Beach Price to Book   
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Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Compare to competition

Turtle Book Value per Share

Book Value per Share

9.59

Turtle Beach Book Value per Share is relatively stable at the moment as compared to the past year. Turtle Beach reported last year Book Value per Share of 8.88
Based on the latest financial disclosure, the price to book indicator of Turtle Beach Corp is roughly 1.3842 times. This is 87.72% lower than that of the Household Durables sector and 33.77% lower than that of the Consumer Discretionary industry. The price to book for all United States stocks is 85.44% higher than that of the company.

Turtle Beach Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Turtle Beach's current stock value. Our valuation model uses many indicators to compare Turtle Beach value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Turtle Beach competition to find correlations between indicators driving Turtle Beach's intrinsic value. More Info.
Turtle Beach Corp is rated below average in shares outstanding category among related companies. It is rated below average in cash per share category among related companies . The ratio of Shares Outstanding to Cash per Share for Turtle Beach Corp is about  26,280,952 . As of 12/04/2022, Free Cash Flow is likely to drop to about (6.1 M). Comparative valuation analysis is a catch-all model that can be used if you cannot value Turtle Beach by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Turtle Beach's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Turtle Beach's earnings, one of the primary drivers of an investment's value.

Turtle Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Turtle Beach's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Turtle Beach could also be used in its relative valuation, which is a method of valuing Turtle Beach by comparing valuation metrics of similar companies.
Turtle Beach is currently under evaluation in return on asset category among related companies.

Turtle Beach Current Valuation Drivers

We derive many important indicators used in calculating different scores of Turtle Beach from analyzing Turtle Beach's financial statements. These drivers represent accounts that assess Turtle Beach's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Turtle Beach's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(24.06 K)254.48 K73.24 K128.8 K58.29 K62.9 K
Revenue Per Employee1.1 M1.87 M957.81 K1.2 M1.21 M982.39 K
Average Assets65.71 M93.98 M111.42 M160.3 M224.24 M182.75 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA9.71 M50.56 M17.88 M58.21 M25.89 M27.94 M
Earnings Before Interest Taxes and Depreciation Amortization USD9.68 M50.52 M17.83 M58.17 M25.84 M27.89 M
Earnings before Tax(2.65 M)40.93 M11.71 M52.46 M20.15 M21.74 M
Average Equity(31.45 M)5.83 M49.2 M85.39 M133.95 M144.53 M
Enterprise Value78.79 M227.16 M156.71 M300.03 M329.13 M260.83 M
Free Cash Flow(993 K)37.17 M37.46 M45.39 M(5.95 M)(6.1 M)
Invested Capital90.31 M85.44 M59.64 M64.81 M98.14 M89.65 M
Invested Capital Average61.87 M74.66 M48.69 M51.37 M80.48 M70.55 M
Market Capitalization22.37 M203.2 M137.19 M327.29 M357.18 M385.38 M
Tangible Asset Value92.85 M120.88 M116.83 M190.14 M214.03 M175.13 M
Working Capital19.22 M40.22 M37.96 M91.33 M114.94 M124.02 M

Turtle Fundamentals

About Turtle Beach Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Turtle Beach Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Turtle Beach using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Turtle Beach Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Cost of Revenue238 M206.7 M
Revenues366.4 M395.3 M
Revenue to Assets 1.59  1.32 
Revenue Per Employee1.2 M982.4 K

Turtle Beach Investors Sentiment

The influence of Turtle Beach's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Turtle. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Turtle Beach's public news can be used to forecast risks associated with investment in Turtle. The trend in average sentiment can be used to explain how an investor holding Turtle can time the market purely based on public headlines and social activities around Turtle Beach Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Turtle Beach's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Turtle Beach's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Turtle Beach's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Turtle Beach.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Turtle Beach in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Turtle Beach's short interest history, or implied volatility extrapolated from Turtle Beach options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Turtle Beach Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Turtle Beach Piotroski F Score and Turtle Beach Altman Z Score analysis. Note that the Turtle Beach Corp information on this page should be used as a complementary analysis to other Turtle Beach's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Turtle Stock analysis

When running Turtle Beach Corp price analysis, check to measure Turtle Beach's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.
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Is Turtle Beach's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turtle Beach. If investors know Turtle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turtle Beach listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.73) 
Market Capitalization
170.8 M
Quarterly Revenue Growth YOY
(0.40) 
Return On Assets
(0.08) 
Return On Equity
(0.26) 
The market value of Turtle Beach Corp is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine Turtle Beach value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.