Market cap
$351 Mln
Revenue (TTM)
$326 Mln
P/E Ratio
56.4
P/B Ratio
3.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 23.39 | 59.51 | 25.72 | -5.76 | 5.96 |
| EBIT | 238.27 | 345.17 | 113.61 | -49.50 | -26.87 |
| Net Profit | 145.36 | 194.65 | 109.29 | -46.18 | -27.00 |
| EPS | -- | -- | -- | -- | -- |
| Book Value | -- | -- | -- | -- | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| -7.69 | -1.04 | 1.35 | -6.52 | -22.17 |
| Net Margin
| 4.84 | 7.69 | 1.41 | -- | -- |
| Return on equity
| -19.43 | 4.08 | 4.05 | -20.32 | -51.71 |
| Return on Capital
| -16.96 | 2.18 | -- | -17.61 | -46.32 |
| Return on Assets
| -11.12 | 0.79 | 1.31 | -11.28 | -30.23 |
| Debt to Equity (x)
| -- | -- | 0.45 | 0.09 | 0.21 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
--
|
-17.61
|
-46.32
|
13.05
|
38.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
4.05
Lower than Peers by 12.84
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
4.05
|
-20.32
|
-51.71
|
13.75
|
43.10
|
|
Peer Median
|
16.88
|
--
|
--
|
--
|
--
|
ROA
1.31
Lower than Peers by 2.07
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
1.31
|
-11.28
|
-30.23
|
8.17
|
23.15
|
|
Peer Median
|
3.39
|
--
|
--
|
--
|
--
|
EBIT Margin
1.35
Lower than Peers by 4.94
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
1.35
|
-6.52
|
-22.17
|
5.60
|
14.70
|
|
Peer Median
|
6.28
|
--
|
--
|
--
|
--
|
Net Margin
1.41
Lower than Peers by 3.30
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
1.41
|
-6.85
|
-24.79
|
4.84
|
10.65
|
|
Peer Median
|
4.71
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
25.72
Higher than Peers by 20.94
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
25.72
|
0.07
|
-0.34
|
0.02
|
0.53
|
|
Peer Median
|
4.78
|
--
|
--
|
--
|
--
|
EBIT Growth
113.61
Higher than Peers by 101.98
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
113.61
|
68.37
|
-359.27
|
-61.20
|
611.54
|
|
Peer Median
|
11.63
|
--
|
--
|
--
|
--
|
Net Profit Growth
109.29
Higher than Peers by 96.27
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
109.29
|
70.31
|
-436.02
|
-54.26
|
115.93
|
|
Peer Median
|
13.03
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.45
Higher than Peers by 0.06
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
0.45
|
0.09
|
0.21
|
0.05
|
0.05
|
|
Peer Median
|
0.39
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.58
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
0.58
|
0.01
|
0.21
|
0.01
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.26
Higher than Peers by 0.02
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
1.26
|
2.22
|
2.10
|
2.47
|
2.16
|
|
Peer Median
|
1.25
|
--
|
--
|
--
|
--
|
Quick Ratio
0.60
Lower than Peers by 0.36
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
0.60
|
1.43
|
0.99
|
1.17
|
1.25
|
|
Peer Median
|
0.96
|
--
|
--
|
--
|
--
|
Interest Coverage
0.82
Lower than Peers by 5.97
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
0.82
|
-33.41
|
-43.63
|
53.61
|
113.33
|
|
Peer Median
|
6.79
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
21.67
Higher than Peers by 4.46
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
21.67
|
21.07
|
18.04
|
9.81
|
12.18
|
|
Peer Median
|
17.21
|
--
|
--
|
--
|
--
|
Asset Turnover
0.93
Higher than Peers by 0.27
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
0.93
|
1.65
|
1.22
|
1.69
|
2.15
|
|
Peer Median
|
0.66
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
--
|
69.14
|
60.29
|
39.79
|
44.83
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
--
|
115.28
|
165.61
|
132.94
|
94.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
--
|
46.76
|
57.68
|
63.70
|
52.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
--
|
137.66
|
168.22
|
109.03
|
86.77
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
56.35
Higher than Peers by 34.78
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
56.35
|
--
|
--
|
--
|
--
|
|
Peer Median
|
21.58
|
--
|
--
|
--
|
--
|
Price / Book Value
3.37
Higher than Peers by 0.59
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
3.37
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.78
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.50
|
--
|
--
|
--
|
--
|
EV/EBITDA
31.78
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
31.78
|
0.92
|
-0.16
|
-1.16
|
-0.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
351
Lower than Peers by 2,338
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
Turtle Beach Corp (HEAR)
|
351
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2,689
|
--
|
--
|
--
|
--
|