Techtronic Industries Company Limited TTNDY

IndustrialsMachinery, Tools, Heavy Vehicles, Trains & ShipsHong Kong

Last close 85.36 USD on Nov 2, 2026, +51.6% year to date

Quant rating

Quant rating C Rank 232 of 418 in Industrials

Growth D 341 of 418
Valuation C 230 of 418
Quality C 221 of 418
Revisions C 285 of 418
Momentum A 29 of 418

Wall Street consensus Strong Buy (1.00)Average target 90.29 USD +5.8%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 30.8B
Enterprise value: 30.5B
52-week range: 53.51 – 94.60
3-year range: 44.92 – 94.60
Dividend yield: 2.10%
Beta (5 years): 1.44
Shares outstanding: 1,825M
Next earnings: –

About the company

Techtronic Industries Co Ltd is an investment holding company primarily engaged in the manufacture and sale of power tools. The company mainly operates its business through two segments. The Professional segment sells professional power tools, accessories, outdoor power equipment and accessories, commercial equipment, personal protective equipment (PPE), storage, hand tools and related products for professional trades, industrial, and commercial end users. The Consumer segment sells consumer power tools, outdoor products, floorcare products, and related accessories for retail and household end users. The Company offers products at different price points and categories.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	15,260	14,622	13,731	13,254	13,203	–
Revenue growth	4.4%	6.5%	3.6%	0.4%	34.6%	9.2%
EPS (basic, normalized)	3.27	3.06	2.66	–	–	–
EPS growth	7.0%	14.8%	–	–	–	–
Gross margin	41.2%	40.3%	39.5%	39.3%	38.8%	39.8%
Net margin	7.9%	7.7%	7.1%	8.1%	8.3%	7.8%
ROE	18.0%	18.5%	17.8%	21.7%	25.5%	20.3%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Current ratio	–
Long-term debt (mil)	–
Net debt (mil)	–
Total equity (mil)	–
Net debt / equity	–
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	15,260	+4.4%	2.0x	2,205	+36.3%	13.8x	3.27	+7.0%	26.1x
2026	16,298	+6.8%	1.9x	2,256	+2.3%	13.5x	4.00	+22.3%	21.3x
2027	17,750	+8.9%	1.7x	2,166	−4.0%	14.1x	4.55	+13.7%	18.8x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	16,298	0.0%	+0.7%	+1.7%	4.00	0.0%	+6.7%	+6.7%
2027	17,750	0.0%	+0.6%	+2.2%	4.55	0.0%	+4.6%	+5.8%
2028	–	–	–	–	–	–	–	–

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	–	–	–	–	–	–	–	–
Sales mean (mil)	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Machinery, Tools, Heavy Vehicles, Trains & Ships

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
TTNDY Techtronic Industries Company Limited	30.8B	–	7.9%	4.19x	21.3x	18.8x	13.5x	14.1x
ATCOa Atlas Copco AB	89.9B	0.25x	15.7%	7.69x	30.2x	24.4x	18.7x	15.6x
PH Parker-Hannifin Corporation	117.1B	1.43x	17.0%	7.59x	26.1x	23.5x	18.4x	16.9x
IR Ingersoll Rand Inc.	31.8B	1.65x	7.6%	3.02x	23.0x	21.1x	16.4x	15.2x
OTIS Otis Worldwide Corporation	29.8B	2.94x	9.6%	−5.49x	19.3x	17.3x	14.6x	13.4x
DOV Dover Corporation	28.7B	0.78x	13.6%	3.76x	20.1x	18.3x	14.8x	13.6x
Mean		1.41x	11.9%	3.46x	23.3x	20.6x	16.1x	14.8x
Median		1.43x	11.6%	3.98x	22.2x	19.9x	15.6x	14.7x

Technical analysis

1M+3.8%
3M+3.5%
1Y+49.2%
3Y+99.1%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Techtronic Industries Company Limited, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	15,260	14,622	13,731	13,254	13,203	9,812
Cost of revenue	8,968	8,726	8,312	8,041	8,082	6,059
Gross profit	6,292	5,896	5,420	5,213	5,122	3,753
Selling, general & administrative expenses	4,210	3,994	3,753	3,541	3,517	2,579
Research & development	757	648	548	484	426	317
Interest expense (income), operating	−63.0	−72.3	−45.0	−25.9	−32.0	−36.8
Unusual expense (income)	–	–	–	–	–	–
Other operating expenses	−11.0	−16.4	−16.8	−13.5	−13.0	−11.2
Operating income	1,399	1,343	1,180	1,227	1,224	905
Net interest income (expense)	−96.6	−126	−124	−69.9	−42.0	−43.8
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	0	0	0	0
Net income before taxes	1,302	1,216	1,056	1,157	1,182	861
Provision for taxes	104	94.7	79.3	79.7	82.7	60.3
Minority interest	–	–	–	0	−0.1	−0.2
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	1,198	1,122	976	1,077	1,099	801
Extraordinary items	–	–	–	–	–	–
Net income	1,198	1,122	976	1,077	1,099	801
EBIT, normalized	1,557	1,417	1,188	1,220	1,253	983
EBITDA, normalized	2,225	2,197	1,821	1,733	1,680	1,339
Basic EPS, normalized	3.27	3.06	2.66	–	–	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Techtronic Industries Company Limited, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	1,709	1,255	979	1,442	1,891	1,552
Receivables	2,057	2,037	1,843	1,701	2,076	1,416
Total inventory	4,452	4,076	4,098	5,085	4,850	3,224
Prepaid expenses	–	–	–	–	–	–
Other current assets	202	332	202	309	245	149
Total current assets	8,420	7,699	7,123	8,537	9,062	6,340
Property, plant & equipment	2,983	3,046	3,177	2,769	2,406	1,717
Goodwill	607	603	604	599	577	578
Intangibles	372	362	294	287	277	270
Long-term investments	19.6	19.6	18.9	19.8	15.3	17.1
Note receivable	0	3.7	5.8	8.5	–	–
Other long-term assets	1,027	1,157	1,180	1,095	670	469
Total assets	13,429	12,890	12,402	13,316	13,008	9,390
Liabilities
Accounts payable	4,019	3,850	3,373	2,073	2,032	1,723
Payable/accrued	–	–	–	–	–	–
Accrued expenses	–	–	–	–	–	–
Short-term debt	2.6	3.2	2.7	2.0	1.9	1.4
Current portion of long-term debt	500	661	1,074	2,092	2,368	459
Other current liabilities	512	405	334	2,055	2,277	1,898
Total current liabilities	5,034	4,919	4,783	6,222	6,679	4,081
Long-term debt	1,256	1,446	1,765	1,764	1,467	1,241
Minority interest	–	–	–	–	0	−0.1
Other liabilities	180	162	106	124	139	165
Total liabilities	6,471	6,527	6,654	8,110	8,285	5,487
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	692	690	685	685	683	673
Additional paid-in capital	–	–	–	–	–	–
Retained earnings (accumulated deficit)	6,573	6,027	5,379	4,821	4,178	3,460
Treasury stock	–	–	–	–	–	–
Other equity	−306	−353	−317	−300	−139	−230
Total equity	6,958	6,364	5,748	5,205	4,723	3,903
Total liabilities & shareholders' equity	13,429	12,890	12,402	13,316	13,008	9,390

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Techtronic Industries Company Limited, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	1,302	1,216	1,056	1,157	1,182	861
Depreciation, depletion & amortization	869	780	633	513	427	404
Deferred taxes	–	–	–	–	–	–
Non-cash items	200	213	174	147	199	158
Changes in working capital	−393	58.7	241	−583	−1,909	−264
Cash from operations	1,979	2,268	2,104	1,233	−101	1,159
Investing activities
Capital expenditures	−590	−686	−874	−986	−1,057	−617
Other investing cash flows	71.4	80.2	95.4	66.6	31.9	36.8
Cash from investing	−519	−606	−779	−919	−1,025	−580
Financing activities
Financing cash flow items	–	–	–	–	–	–
Cash dividends paid	−573	−486	−437	−460	−394	−262
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−509	−847	−1,365	−252	1,866	−236
Cash from financing	−1,081	−1,333	−1,802	−713	1,472	−498
Foreign exchange effects	66.0	−49.5	0.9	−46.6	−5.7	41.3
Net change in cash	445	279	−476	−445	341	122
Free cash flow	1,389	1,581	1,230	247	−1,158	542

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.