Financial Review: Wetouch Technology (NASDAQ:WETH) vs. TTM Technologies (NASDAQ:TTMI)

TTM Technologies (NASDAQ:TTMIGet Free Report) and Wetouch Technology (NASDAQ:WETHGet Free Report) are both technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, profitability, dividends, risk and institutional ownership.

Earnings & Valuation

This table compares TTM Technologies and Wetouch Technology”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
TTM Technologies $3.38 billion 3.59 $177.45 million $2.22 51.86
Wetouch Technology $45.14 million 0.33 $7.16 million $0.70 1.60

TTM Technologies has higher revenue and earnings than Wetouch Technology. Wetouch Technology is trading at a lower price-to-earnings ratio than TTM Technologies, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of recent ratings and target prices for TTM Technologies and Wetouch Technology, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TTM Technologies 0 1 4 1 3.00
Wetouch Technology 1 0 0 0 1.00

TTM Technologies currently has a consensus price target of $214.25, suggesting a potential upside of 86.09%. Given TTM Technologies’ stronger consensus rating and higher probable upside, research analysts plainly believe TTM Technologies is more favorable than Wetouch Technology.

Institutional and Insider Ownership

95.8% of TTM Technologies shares are owned by institutional investors. 1.3% of TTM Technologies shares are owned by insiders. Comparatively, 0.1% of Wetouch Technology shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Risk & Volatility

TTM Technologies has a beta of 2.15, indicating that its share price is 115% more volatile than the S&P 500. Comparatively, Wetouch Technology has a beta of 0.75, indicating that its share price is 25% less volatile than the S&P 500.

Profitability

This table compares TTM Technologies and Wetouch Technology’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
TTM Technologies 7.01% 15.67% 7.11%
Wetouch Technology 17.57% 5.94% 5.78%

Summary

TTM Technologies beats Wetouch Technology on 14 of the 15 factors compared between the two stocks.

About TTM Technologies

(Get Free Report)

TTM Technologies, Inc., together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs. It also provides advanced ceramic RF components including standard and etched thick-film ceramic substrates; and hi-reliability multi-chip modules. In addition, the company offers radar systems including maritime surveillance and weather avoidance radar systems, surveillance products, communication systems, RF assembly and test services, and passive RF components. Further, the company provides custom designed application specific integrated circuits, high density interconnect, IC substrates, flexible and rigid flex PCBs, and custom assemblies including backplane and mid-plane assemblies, flexible and rigid-flex assemblies, and RF assemblies, as well as conventional PCBs, such as single-sided, double-sided, and multi-layer boards. Additionally, it offers quick turnaround services, which includes prototype production and ramp-to-volume production, and thermal management. The company serves original equipment manufacturers and electronic manufacturing services providers, original design manufacturers, distributors, and government agencies; and aerospace and defense, data center computing, automotive, medical, industrial, and instrumentation, as well as networking applications. TTM Technologies, Inc. was incorporated in 1978 and is headquartered in Santa Ana, California.

About Wetouch Technology

(Get Free Report)

Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large sized projected capacitive touchscreens in the Peoples Republic of China, Taiwan, South Korea, and internationally. The company offers various touch panels, including glass-glass, which are primarily used in GPS/car entertainment panels in mid-size and luxury cars, industrial human-machine interface (HMI), financial and banking terminals, point of sale, and lottery machines; glass-film-film products that are used in GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming industry; plastic-glass for use in GPS/entertainment panels, motor vehicle GPS, smart home products, robots, and charging stations; and glass-films used in industrial HMI. Wetouch Technology Inc. was founded in 2011 and is based in Meishan, China.

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