TTM Technologies Inc (TTMI) - Net Assets
Based on the latest financial reports, TTM Technologies Inc (TTMI) has net assets worth $2.72 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.84 Billion) and total liabilities ($1.12 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check TTM Technologies Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.72 Billion |
| % of Total Assets | 70.94% |
| Annual Growth Rate | 21.69% |
| 5-Year Change | 87.19% |
| 10-Year Change | 228.59% |
| Growth Volatility | 142.33 |
TTM Technologies Inc - Net Assets Trend (1999–2025)
This chart illustrates how TTM Technologies Inc's net assets have evolved over time, based on quarterly financial data. Also explore TTM Technologies Inc (TTMI) total assets for the complete picture of this company's asset base.
Annual Net Assets for TTM Technologies Inc (1999–2025)
The table below shows the annual net assets of TTM Technologies Inc from 1999 to 2025. For live valuation and market cap data, see market value of TTM Technologies Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.72 Billion | +74.22% |
| 2024-12-31 | $1.56 Billion | +3.49% |
| 2023-12-31 | $1.51 Billion | -1.60% |
| 2022-12-31 | $1.54 Billion | +5.51% |
| 2021-12-31 | $1.46 Billion | +0.79% |
| 2020-12-31 | $1.44 Billion | +12.90% |
| 2019-12-31 | $1.28 Billion | +4.23% |
| 2018-12-31 | $1.23 Billion | +21.33% |
| 2017-12-31 | $1.01 Billion | +21.98% |
| 2016-12-31 | $829.12 Million | +0.30% |
| 2015-12-31 | $826.67 Million | +15.54% |
| 2014-12-31 | $715.46 Million | +1.44% |
| 2013-12-31 | $705.29 Million | -6.56% |
| 2012-12-31 | $754.83 Million | -18.19% |
| 2011-12-31 | $922.67 Million | -1.55% |
| 2010-12-31 | $937.20 Million | +174.91% |
| 2009-12-31 | $340.92 Million | +11.41% |
| 2008-12-31 | $306.00 Million | -6.88% |
| 2007-12-31 | $328.59 Million | +14.37% |
| 2006-12-31 | $287.31 Million | +17.78% |
| 2005-12-31 | $243.95 Million | +15.28% |
| 2004-12-31 | $211.63 Million | +18.67% |
| 2003-12-31 | $178.33 Million | +6.51% |
| 2002-12-31 | $167.43 Million | +11.56% |
| 2001-12-31 | $150.08 Million | +8.96% |
| 2000-12-31 | $137.74 Million | +732.93% |
| 1999-12-31 | $16.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TTM Technologies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2298691300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.76 Billion | 100.00% |
| Total Equity | $1.76 Billion | 100.00% |
TTM Technologies Inc Competitors by Market Cap
The table below lists competitors of TTM Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The AES Corporation
NYSE:AES
|
$10.13 Billion |
|
PIRAEUS F.HL.ADR NEW 2021
F:BKP0
|
$10.13 Billion |
|
Akzo Nobel NV
AS:AKZA
|
$10.15 Billion |
|
OPC Energy Ltd
TA:OPCE
|
$10.15 Billion |
|
JD LOGISTICS DL-000025
F:822
|
$10.12 Billion |
|
Weichai Power Co. Ltd
F:WI4
|
$10.11 Billion |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
$10.10 Billion |
|
United Spirits Limited
NSE:MCDOWELL-N
|
$10.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TTM Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,563,824,000 to 1,762,253,000, a change of 198,429,000 (12.7%).
- Net income of 177,448,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 27,882,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $177.45 Million | +10.07% |
| Other Comprehensive Income | $27.88 Million | +1.58% |
| Other Changes | $-6.90 Million | -0.39% |
| Total Change | $- | 12.69% |
Book Value vs Market Value Analysis
This analysis compares TTM Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.41x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 305.48x to 9.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $0.51 | $157.31 | x |
| 2000-12-31 | $4.02 | $157.31 | x |
| 2001-12-31 | $3.82 | $157.31 | x |
| 2002-12-31 | $4.23 | $157.31 | x |
| 2003-12-31 | $4.31 | $157.31 | x |
| 2004-12-31 | $5.08 | $157.31 | x |
| 2005-12-31 | $5.85 | $157.31 | x |
| 2006-12-31 | $6.81 | $157.31 | x |
| 2007-12-31 | $7.67 | $157.31 | x |
| 2008-12-31 | $7.17 | $157.31 | x |
| 2009-12-31 | $7.82 | $157.31 | x |
| 2010-12-31 | $11.76 | $157.31 | x |
| 2011-12-31 | $9.87 | $157.31 | x |
| 2012-12-31 | $8.02 | $157.31 | x |
| 2013-12-31 | $8.48 | $157.31 | x |
| 2014-12-31 | $8.52 | $157.31 | x |
| 2015-12-31 | $8.92 | $157.31 | x |
| 2016-12-31 | $8.17 | $157.31 | x |
| 2017-12-31 | $7.63 | $157.31 | x |
| 2018-12-31 | $9.15 | $157.31 | x |
| 2019-12-31 | $12.03 | $157.31 | x |
| 2020-12-31 | $13.58 | $157.31 | x |
| 2021-12-31 | $13.46 | $157.31 | x |
| 2022-12-31 | $14.78 | $157.31 | x |
| 2023-12-31 | $14.71 | $157.31 | x |
| 2024-12-31 | $15.06 | $157.31 | x |
| 2025-12-31 | $16.71 | $157.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TTM Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.07%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.11%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.18x
- Recent ROE (10.07%) is above the historical average (4.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -1.37% | -0.21% | 0.63x | 10.18x | $-1.88 Million |
| 2000 | 20.38% | 13.78% | 1.01x | 1.47x | $14.30 Million |
| 2001 | 7.33% | 8.52% | 0.67x | 1.29x | $-4.01 Million |
| 2002 | 0.95% | 1.78% | 0.45x | 1.18x | $-15.16 Million |
| 2003 | 4.17% | 4.13% | 0.88x | 1.15x | $-10.39 Million |
| 2004 | 13.39% | 11.77% | 1.02x | 1.11x | $7.17 Million |
| 2005 | 12.64% | 12.84% | 0.88x | 1.12x | $6.45 Million |
| 2006 | 12.20% | 9.49% | 0.64x | 2.00x | $6.31 Million |
| 2007 | 10.55% | 5.18% | 1.34x | 1.52x | $1.82 Million |
| 2008 | -12.06% | -5.42% | 1.22x | 1.82x | $-67.51 Million |
| 2009 | 1.42% | 0.83% | 1.07x | 1.59x | $-29.23 Million |
| 2010 | 8.59% | 6.06% | 0.67x | 2.11x | $-11.74 Million |
| 2011 | 5.18% | 2.93% | 0.82x | 2.16x | $-39.02 Million |
| 2012 | -26.62% | -12.95% | 0.80x | 2.56x | $-240.19 Million |
| 2013 | 3.10% | 1.60% | 0.82x | 2.37x | $-48.65 Million |
| 2014 | 2.05% | 1.11% | 0.83x | 2.24x | $-56.85 Million |
| 2015 | -3.13% | -1.24% | 0.78x | 3.23x | $-108.55 Million |
| 2016 | 4.20% | 1.38% | 1.01x | 3.02x | $-48.05 Million |
| 2017 | 12.28% | 4.67% | 0.96x | 2.75x | $23.08 Million |
| 2018 | 14.15% | 7.76% | 0.65x | 2.82x | $50.88 Million |
| 2019 | 3.23% | 1.94% | 0.60x | 2.78x | $-86.60 Million |
| 2020 | 12.29% | 8.43% | 0.73x | 2.01x | $33.13 Million |
| 2021 | 3.74% | 2.42% | 0.74x | 2.08x | $-91.13 Million |
| 2022 | 6.16% | 3.79% | 0.75x | 2.16x | $-58.97 Million |
| 2023 | -1.24% | -0.84% | 0.67x | 2.20x | $-169.82 Million |
| 2024 | 3.60% | 2.30% | 0.70x | 2.22x | $-100.08 Million |
| 2025 | 10.07% | 6.11% | 0.76x | 2.18x | $1.22 Million |
Industry Comparison
This section compares TTM Technologies Inc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $808,771,742
- Average return on equity (ROE) among peers: 1.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TTM Technologies Inc (TTMI) | $2.72 Billion | -1.37% | 0.41x | $10.12 Billion |
| Allient Inc. (ALNT) | $25.02 Million | -49.75% | 0.39x | $1.08 Billion |
| Amphenol Corporation (APH) | $6.38 Billion | 24.94% | 1.30x | $157.38 Billion |
| Bel Fuse A Inc (BELFA) | $130.66 Million | 0.44% | 0.12x | $561.33 Million |
| Bel Fuse B Inc (BELFB) | $224.88 Million | 4.04% | 1.83x | $2.47 Billion |
| Benchmark Electronics Inc (BHE) | $664.33 Million | 8.34% | 0.56x | $2.22 Billion |
| Cps Technologies (CPSH) | $24.64 Million | 1.71% | 0.20x | $71.49 Million |
| CTS Corporation (CTS) | $463.58 Million | -9.03% | 0.43x | $1.36 Billion |
| Data I/O Corporation (DAIO) | $48.20 Million | 9.54% | 0.29x | $25.54 Million |
| Daktronics Inc (DAKT) | $25.20 Million | 13.49% | 0.73x | $1.00 Billion |
| Deswell Industries Inc (DSWL) | $102.12 Million | 10.91% | 0.18x | $50.36 Million |
About TTM Technologies Inc
TTM Technologies, Inc. manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) in the United States, Taiwan, and internationally. It operates in two segments, PCB and RF&S Components. The company offers a range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, … Read more