TIMB Stock Analysis: TIM Participacoes | NYSE
Telecom Services | NYSE, USA | Market Cap: 10.176m USD | 12M Return: 24.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.45M
EPS Trend: 93.7%
Qual. Beats: 0
Rev. Trend: 99.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
TIM S.A. is a Brazilian telecommunications operator listed on the NYSE under the ticker TIMB, headquartered in Rio de Janeiro. The company provides fixed-line switched telephone services (local, national, and international long-distance) as well as personal mobile and multimedia communication services. It operates as a subsidiary of TIM Brasil Serviços e Participações S.A., positioning it within Brazils wireless telecommunication services sub-industry under the broader Communication Services sector.
Brazils telecom market is structured around a small number of major mobile carriers, and operators such as TIM typically operate under concessions and licenses granted by the national regulator Anatel. The business model generally combines subscription-based mobile revenues with usage-based charges for voice, data, and multimedia services, alongside fixed-line offerings targeted at residential and corporate customers.
- Postpaid net adds and ARPU growth lift service revenue
- 5G capex and Anatel spectrum costs pressure margins
- BRL depreciation pressures USD-reported results and dollar debt
| Net Income: 4.33b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA 0.35 > 1.0 |
| NWC/Revenue: -4.79% < 20% (prev -6.88%; Δ 2.09% < -1%) |
| CFO/TA 0.24 > 3% & CFO 13.6b > Net Income 4.33b |
| Net Debt (24.8b) to EBITDA (13.9b): 1.78 < 3 |
| Current Ratio: 0.92 > 1.5 & < 3 |
| Outstanding Shares: last quarter (477.9m) vs 12m ago -1.30% < -2% |
| Gross Margin: 54.05% > 18% (prev 52.53%; Δ 1.52% > 0.5%) |
| Asset Turnover: 47.33% > 50% (prev 45.60%; Δ 1.73% > 0%) |
| Interest Coverage Ratio: 2.68 > 6 (EBIT TTM 7.54b / Interest Expense TTM 2.81b) |
| A: -0.02 (Total Current Assets 14.1b - Total Current Liabilities 15.4b) / Total Assets 57.8b |
| B: 0.01 (Retained Earnings 427.1m / Total Assets 57.8b) |
| C: 0.13 (EBIT TTM 7.54b / Avg Total Assets 57.1b) |
| D: 0.73 (Book Value of Equity 24.4b / Total Liabilities 33.4b) |
| Altman-Z'' = 1.53 = BB |
| DSRI: 1.00 (Receivables 6.36b/6.04b, Revenue 27.0b/25.7b) |
| GMI: 0.97 (GM 52.53% / 54.05%) |
| AQI: 0.98 (AQ_t 0.35 / AQ_t-1 0.36) |
| SGI: 1.05 (Revenue 27.0b / 25.7b) |
| TATA: -0.16 (NI 4.33b - CFO 13.6b) / TA 57.8b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at USD 20.88 with a total of 475,936 shares traded. Over the past week, the price has changed by -6.12%, over one month by -3.24%, over three months by -18.63% and over the past year by +24.82%.
Current recommended Stop Loss: 20.00 (which is 4.2% or 1.6 ATR below the current price).
TIM Participacoes has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy TIMB.
- StrongBuy: 3
- Buy: 3
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 25.4 | 21.6% |
Market Cap BRL = 51.7b (10.2b USD * 5.0842 USD.BRL)
P/E Trailing = 12.0339
P/E Forward = 9.6432
P/S = 0.3764
P/B = 2.1129
P/EG = 1.3192
Revenue TTM = 27.0b BRL
EBIT TTM = 7.54b BRL
EBITDA TTM = 13.9b BRL
Long Term Debt = 1.85b BRL (from longTermDebt, last quarter)
Short Term Debt = 2.62b BRL (from shortTermDebt, last quarter)
Debt = 30.6b BRL (from shortLongTermDebtTotal, last quarter) + Leases 13.9b
Net Debt = 24.8b BRL (calculated: Debt 30.6b - CCE 5.87b)
Enterprise Value = 76.5b BRL (51.7b + Debt 30.6b - CCE 5.87b)
Interest Coverage Ratio = 2.68 (Ebit TTM 7.54b / Interest Expense TTM 2.81b)
EV/FCF = 8.45x (Enterprise Value 76.5b / FCF TTM 9.05b)
FCF Yield = 11.83% (FCF TTM 9.05b / Enterprise Value 76.5b)
FCF Margin = 33.49% (FCF TTM 9.05b / Revenue TTM 27.0b)
Net Margin = 16.02% (Net Income TTM 4.33b / Revenue TTM 27.0b)
Gross Margin = 54.05% ((Revenue TTM 27.0b - Cost of Revenue TTM 12.4b) / Revenue TTM)
Gross Margin QoQ = 52.37% (prev 55.64%)
Tobins Q-Ratio = 1.32 (Enterprise Value 76.5b / Total Assets 57.8b)
Interest Expense / Debt = 9.18% (Interest Expense 2.81b / Debt 30.6b)
Taxrate = 10.71% (519.5m / 4.85b)
NOPAT = 6.73b (EBIT 7.54b * (1 - 10.71%))
Current Ratio = 0.92 (Total Current Assets 14.1b / Total Current Liabilities 15.4b)
Debt / Equity = 1.25 (Debt 30.6b / totalStockholderEquity, last quarter 24.4b)
Debt / EBITDA = 1.78 (Net Debt 24.8b / EBITDA 13.9b)
Debt / FCF = 2.74 (Net Debt 24.8b / FCF TTM 9.05b)
Total Stockholder Equity = 24.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.58% (Net Income 4.33b / Total Assets 57.8b)
RoE = 17.55% (Net Income TTM 4.33b / Total Stockholder Equity 24.7b)
RoCE = 28.41% (EBIT 7.54b / Capital Employed (Equity 24.7b + L.T.Debt 1.85b))
RoIC = 15.41% (NOPAT 6.73b / Invested Capital 43.7b)
WACC = 8.18% (E(51.7b)/V(82.4b) * Re(8.17%) + D(30.6b)/V(82.4b) * Rd(9.18%) * (1-Tc(0.11)))
Discount Rate = 8.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -5.95 | Cagr: -0.16%
[DCF] Terminal Value 76.04% ; FCFF base≈8.89b ; Y1≈9.28b ; Y5≈10.6b
[DCF] Fair Price = 290.8 (EV 164b - Net Debt 24.8b = Equity 139b / Shares 477.7m; r=8.35% [WACC [floored]]; 5y FCF grow 4.71% → 2.50% )
EPS Correlation: 93.73 | EPS CAGR: 22.65% | SUE: -0.50 | # QB: 0
Revenue Correlation: 99.38 | Revenue CAGR: 5.99% | SUE: 0.02 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.47 | Chg30d=-2.50% | Revisions=+0% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.54 | Chg30d=-0.19% | Revisions=+40% | Analysts=3
EPS current Year (2026-12-31): EPS=1.83 | Chg30d=-0.11% | Revisions=+0% | GrowthEPS=+6.4% | GrowthRev=+5.2%
EPS next Year (2027-12-31): EPS=2.17 | Chg30d=-0.27% | Revisions=+0% | GrowthEPS=+18.3% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: +15% (up=6, down=4)