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Turtle Beach Corp

Data quality: 100%
TBCH
Nasdaq Technology Communications Equipment
$10.35
▼ $0.01 (-0.10%)
Mkt Cap: 200.70 M
Price
$10.24
Mkt Cap
200.70 M
Day Range
52-Week Range
Volume
Open —
50D / 200D Avg
50D / 200D Avg

Quick Summary

Key Takeaways

Revenue declined -3.33% annually over 5 years
ROE of 13.83% — decent returns on equity
Generating 34.04 M in free cash flow
P/E of 12.76 — trading at a low valuation
Revenue growth is decelerating — 1Y growth trails 5Y average by 10.85%
Cash machine — converts 216.38% of earnings into free cash flow

Growth

Revenue Growth (5Y)
-3.33%
Below sector avg (7.29%)
Revenue (1Y)-14.18%
Earnings (1Y)-2.79%
FCF Growth (3Y)16.96%

Quality

Return on Equity
13.83%
Above sector avg (1.74%)
ROIC15.39%
Net Margin4.92%
Op. Margin8.60%

Safety

Debt / Equity
0.52
Above sector avg (0.42)
Current Ratio1.60
Interest Coverage3.48

Valuation

PE (TTM|2027)
12.76 | 6.92
Above sector avg (-0.16)
P/B Ratio1.81
EV/EBITDA7.72
Dividend YieldN/A

Price History

Financial Trends

Peer Comparison

vs Technology sector median (1060 peers)
Metric Stock Sector Median
P/E 12.8 -0.2
P/B 1.8 3.0
ROE % 13.8 1.7
Net Margin % 4.9 -0.5
Rev Growth 5Y % -3.3 7.3
D/E 0.5 0.4

Analyst Price Target

6 analysts
Buy
Current
$10.35
+57.8%
Target
$16.33
$11.00
$17.50
$21.00
Forecast
Forward P/E 6.99
Forward EPS $1.48
EPS Growth (est.) +63.8%
Est. Revenue 379.10 M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2027 $1.48
$1.46 – $1.50
379.10 M 2
FY2026 $0.90
$0.86 – $0.95
344.25 M 3

Earnings Surprises

Last 4 quarters
Quarter Est. EPS Actual EPS Surprise
Q42025 $1.12 $0.98 -12.4%
Q32025 $0.18 $0.12 -32.7%
Q22025 -$0.24 -$0.41 -71.1%
Q12025 -$0.06 -$0.13 -109.0%

ETFs Holding This Stock

HTCIX HTCIX
1.70% weight
HTECX HTECX
1.70% weight
BRSVX BRSVX
0.40% weight
LMBMX LMBMX
0.18% weight
LMBRX LMBRX
0.18% weight
LMSIX LMSIX
0.18% weight
LMBCX LMBCX
0.18% weight
LGSCX LGSCX
0.18% weight
LMBAX LMBAX
0.18% weight
GCSCX GCSCX
0.13% weight

All Fundamental Metrics

Growth
Revenue Growth (1Y) -14.18% Revenue Growth (3Y) 11.33%
Earnings Growth (1Y) -2.79% Earnings Growth (3Y) N/A
Revenue Growth (5Y) -3.33% Earnings Growth (5Y) -2.93%
Profitability
Revenue (TTM) 319.91 M Net Income (TTM) 15.73 M
ROE 13.83% ROA 6.07%
Gross Margin 37.29% Operating Margin 8.60%
Net Margin 4.92% Free Cash Flow (TTM) 34.04 M
ROIC 15.39% FCF Growth (3Y) 16.96%
Safety
Debt / Equity 0.52 Current Ratio 1.60
Interest Coverage 3.48 Asset Turnover 1.23
Working Capital 66.80 M Tangible Book Value 23.87 M
Dividends
Dividend Yield N/A Payout Ratio N/A
Dividend Growth (3Y) N/A Dividend Growth (5Y) N/A
Consecutive Div Years N/A
Valuation
P/E Ratio 12.76 Forward P/E N/A
P/B Ratio 1.81 P/S Ratio 0.63
PEG Ratio N/A Forward PEG N/A
EV/EBITDA 7.72 Fwd EV/EBITDA N/A
Forward P/S N/A Fwd Earnings Yield N/A
FCF Yield 16.96%
Market Cap 200.70 M Enterprise Value 246.30 M
Per Share
EPS (Diluted TTM) 0.77 Revenue / Share 16.32
FCF / Share 1.74 OCF / Share 1.81
EPS CAGR (1Y) -1.28% EPS CAGR (5Y) -5.61%
EPS CAGR (10Y) N/A
Efficiency
CapEx / Revenue 0.44% FCF Conversion 216.38%
SBC-Adj. FCF N/A Growth Momentum -10.85

Income Statement

Annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 319.91 M 372.77 M 258.12 M 240.17 M 366.35 M
Net Income 15.73 M 16.18 M -17.68 M -59.55 M 17.72 M
EPS (Diluted) 0.77 0.78 -1.03 -3.62 0.97
Gross Profit 119.28 M 128.98 M 75.50 M 49.19 M 128.38 M
Operating Income 27.52 M 20.03 M -16.44 M -51.48 M 20.43 M
EBITDA
R&D Expenses 16.89 M 17.30 M 17.14 M 19.12 M 17.49 M
SG&A Expenses
D&A 4.37 M 4.41 M 3.83 M 4.58 M 4.05 M
Interest Expense 7.90 M 8.30 M 504,000.0 1.22 M 383,000.0
Income Tax 1.07 M -5.51 M 338,000.0 5.09 M 2.43 M

Balance Sheet

Annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 269.05 M 298.86 M 149.97 M 163.39 M 230.51 M
Total Liabilities 140.56 M 178.26 M 64.89 M 74.45 M 89.14 M
Shareholders' Equity 128.50 M 120.60 M 85.08 M 88.94 M 141.37 M
Total Debt 55.71 M 50.21 M
Cash & Equivalents 16.96 M 13.00 M 18.73 M 11.40 M 37.72 M
Current Assets 173.81 M 188.37 M 124.86 M 135.18 M 193.11 M
Current Liabilities 87.68 M 123.67 M 56.33 M 64.33 M 78.17 M