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TIC

TIC Solutions, Inc.
$9.55
+3.92% Oct 22 close
Industrials CompareTechnicals
-46%-30%-14%+1%+17%Oct 2025Oct 2026Apr 2026
TICSPY
1W
+10.1%
1M
+3.5%
3M
+37.0%
6M
+10.0%
YTD
-5.5%
1Y
-20.1%

Live chart

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What they do

TIC Solutions, Inc. provides critical asset integrity services in North America. The company offers testing, inspection, certification, and compliance (TICC) services, including various nondestructive testing (NDT) techniques, such as radiography. Its NDT activities include inspection and evaluation of industrial equipment through various technology-enabled methods to ensure asset integrity, prevent costly outages, failures, and accidents.

Industrials · Specialty Business Services

For information only · Important disclosures

Grades vs sector

No sector grades for TIC yet. Grades rank S&P 1500 stocks within their sector and refresh after each daily data run, so a stock outside that index or newly covered has none.

Systematic Models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
No recent headlines.

Key stats

Market value$2.0B
P/E (next 12 months, estimated)16.2
52-week range$6.36 – $12.94
Revenue growth (latest quarter vs a year ago)+86.1%
Dividend yieldNo dividend
Analyst consensusBuy (7)
Average analyst price target$12.14 (+27%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Looks expensive
Model read-out from the numbers below, not advice. Score -3 (DCF counts double).
▼DCF (base case)below the price by 119%
▼Altman Z1.1 (distress)
▼Net debt / EBITDA6.4x
▲Analyst target+27% (7 analysts)

Discounted cash flow

Bear
$-4
-142%
growth 18% · disc. 14.0% · term. 2.0%
Base
$-2
-119%
growth 30% · disc. 13.0% · term. 2.5%
Bull
$1
-89%
growth 38% · disc. 12.0% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 43% a year for 10 years.
Implied
+43%/yr
FCF, last 3 yrs
n/a
FCF, last 5 yrs
n/a
Revenue, last 3 yrs
n/a
Revenue, last 5 yrs
n/a
Same inputs as the DCF above: trailing free cash flow 0.0B, 13.0% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.87 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs sector

Forward EPS $0.57 vs trailing $-0.64. Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO
$1.2B
as of 2026-06-30
vs a year ago
–
YoY
× TTM revenue
0.58×
coverage
25-09
25-12
26-03
26-06

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin
33.9%
Operating margin
-2.2%
FCF margin
1.1%
Net margin
-5.6%
Return on equity
-5.5%
Return on invested capital
-1.0%
Net debt / EBITDA
6.4×
Current ratio
2.9×
Interest cover
–
Cash conversion (OCF/NI)
–

Altman Z-score 1.1 (distress zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$12
+27%
Analysts
7
Buy
Range
$10–$16
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$1.5B$-87.1M$61.3M
2023$1.1B––

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR –.

Earnings

Next report: 2026-11-09 · before open · EPS est 0.18
25-0325-0525-0826-0326-0526-08-0.170.12
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-060.120.02-81.7%
2026-05-060.02-0.10-592.5%
2026-03-120.09-0.13-249.7%
2025-08-140.110.04-60.1%
2025-05-15–-0.17-4433.3%
2025-03-270.10-0.05-150.9%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$584.3M+86.1%
2026-03-31$488.0M–
2025-12-31$508.3M–
2025-09-30$473.9M–
2025-06-30$313.9M–
Rating changes
Upgrade
2026-08-21 · JP Morgan upgraded TIC from Underweight to Neutral
Upgrade
2026-08-11 · UBS upgraded TIC from Neutral to Buy
Reiterated
2026-05-07 · UBS reiterated Neutral on TIC
Reiterated
2026-05-07 · JP Morgan reiterated Underweight on TIC
Downgrade
2026-03-26 · JP Morgan downgraded TIC from Neutral to Underweight
Reiterated
2026-03-17 · UBS reiterated Neutral on TIC

Third-party analyst actions, not Coteau's views. All rating changes

Insider trades
None
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Sell
–

Stats refreshed 2026-10-21 17:58:05 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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coteau

Independent research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

Beta 0.9 · Oct 21, 2026