# TIM S.A. American (TIMB) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Communication Services / Diversified Telecommunication Services. Price $18.43, market value $8.8 billion.

## Valuation
- **P/E (trailing): 10.4×** (5-yr avg 10.8×, 3-yr avg 11.0×). TIM S.A. American trades at 10.4× trailing earnings, close to its own five-year average of 10.8×. The Communication Services median in the September 2026 study was 21.1×. Forward P/E is 8.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.24**. A PEG of 0.24 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.6×**. Each dollar of revenue is priced at 1.6×.
- **Price / book: 1.8×**. The shares trade at 1.8× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 2.8×**. Enterprise value is 2.8× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 20.4%** (5-yr avg 21.9%). Free cash flow equals 20.4% of the market value, in line with its five-year average of 21.9%. Above 5% is generally attractive.
- **Earnings yield: 9.6%**. The inverse of the P/E: 9.6% of the price is earned each year.

## Profitability
- **Gross margin: 54.6%**. TIM S.A. American keeps 54.6% of revenue after the direct cost of what it sells.
- **Operating margin: 25.4%**. 25.4% of revenue is left after running the business, an exceptional level.
- **Net margin: 16.2%**. 16.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 18.0%**. 18.0% on shareholders' equity is solid.
- **Return on invested capital: 27.1%**. Return on all capital, debt included, is 27.1%: comfortably above what that capital costs.
- **Return on assets: 7.6%**. Each dollar of assets produces 7.6% of profit.

## Growth
- **Revenue growth (1 yr): 4.6%** (3-yr 7.3%/yr, 5-yr 9.0%/yr). Revenue grew 4.6% over the last year, against 9.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 36.9%** (3-yr 37.1%/yr, 5-yr 18.6%/yr). Earnings per share rose 36.9%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 26.2%/yr**. Free cash flow has compounded at 26.2% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.12**. Debt is 0.12 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. TIM S.A. American holds more cash than debt.
- **Interest coverage: 2.0×**. Operating profit covers interest 2.0×, thin but manageable.
- **Altman Z-score: 1.58**. A Z-score of 1.58 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 8.67%** ($1.60 per share, trailing). TIM S.A. American yields 8.67%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 124%** (59% of free cash flow). The dividend exceeds earnings (124% payout), though free cash flow still covers it.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Dividend growth (5 yr): 26.9%/yr** (1-yr 65.8%). The dividend has compounded at 26.9% a year over five years, doubling roughly every 3 years at that pace.

## Price and momentum
- **Total return (1 yr): -10.3%** (YTD -4.0%, 3-mo -13.9%). The shares are down 10.3% over twelve months including dividends.
- **From 52-week high: -34.7%** (7.5% above the low). Trading 35% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 48**. An RSI of 48 is neutral.
- **Beta (1 yr): 0.58** (volatility 33%). Beta of 0.58 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TIMB · Page: https://foliofundamentals.com/stocks/timb

Not investment advice.