AI infrastructure and defense demand are lifting TTMI, but investors may want to weigh growth against valuation.
TTM Technologies is riding strong defense electronics demand with a $1.6B backlog, key radar program wins and growing military bookings supporting long-term growth.
TTM Technologies, Inc. delivered 30% YoY Q1 2026 revenue growth, driven by 61% growth in data center and networking end markets. TTMI's forward EV/EBITDA/Growth ratio of 0.73 signals undervaluation versus peers, despite a high current P/E and P/S. The company is transitioning to higher-margin products, with EBITDA projected to grow at a 31.43% CAGR through 2028.
| Automobile Components Industry | Consumer Discretionary Sector | Edwin Roks CEO | XDUS Exchange | US87305R1095 ISIN |
| US Country | 18,200 Employees | - Last Dividend | - Last Split | 21 Sep 2000 IPO Date |
TTM Technologies, Inc., established in 1978 with its headquarters in Santa Ana, California, operates globally in the manufacturing and sale of printed circuit boards (PCBs) and related components. The company is divided into two major segments: PCB and RF&S Components. TTM Technologies serves a diverse range of industries including aerospace and defense, data center computing, automotive, medical, industrial, and instrumentation. The company prides itself on its comprehensive suite of PCB products and RF components, offering value-added services such as RF design, design for manufacturability, PCB layout design, simulation and testing, and quick turnaround services.