Should You Hold TTMI at 41.1X P/E? 3 Reasons Despite the Premium
Key Takeaways TTM Technologies is benefiting from AI data center demand and defense modernization programs.TTMI's commercial book-to-bill hit 1.65 as backlog jumped 52% year over year to $787 million.TTMI plans up to $320M in 2026 CapEx as operating leverage continues improving margins.TTM Technologies (TTMI) shares are overvalued, as suggested by a Value Score of D. The stock is trading at a premium with a forward 12-month Price/Earnings (P/E) of 41.09X compared with the Zacks Electronics - Miscellaneous C ...