Ttec Holdings, Inc. (TTEC) intrinsic value & 10-year financials
Ttec Holdings, Inc. (TTEC) has a Graham intrinsic value of $3.15 per share. At $1.51 on Oct 17, 2026, the stock trades 52% below that value. Over the last 10 fiscal years revenue grew 5.9% a year to $2.1B, with an average return on invested capital of 6.0%.
- Graham intrinsic value
- $3.15
- Share price (Oct 17, 2026)
- $1.51
- Price vs Graham value
- 52% below
- Market cap
- $72.8M
- Revenue (FY2025)
- $2.1B
- Revenue growth (10-yr CAGR)
- 5.9%
- ROIC (10-yr avg)
- 6.0%
- Free cash flow (FY2025)
- $83.0M
TTEC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.1B | -$192.5M | -$3.99 | $83.0M | -5.5% | -67.6% |
| FY2024 | $2.2B | -$321.0M | -$6.74 | -$104.0M | -7.9% | -43.6% |
| FY2023 | $2.5B | $8.4M | $0.18 | $76.9M | 4.8% | 11.4% |
| FY2022 | $2.4B | $103.2M | $2.18 | $53.0M | 6.9% | 28.3% |
| FY2021 | $2.3B | $141.0M | $2.97 | $190.9M | 9.6% | 36.7% |
| FY2020 | $1.9B | $118.6M | $2.52 | $212.1M | 10.5% | 33.3% |
| FY2019 | $1.6B | $77.2M | $1.65 | $177.2M | 7.5% | 19.1% |
| FY2018 | $1.5B | $35.8M | $0.77 | $124.9M | 6.1% | 17.6% |
| FY2017 | $1.5B | $7.3M | $0.16 | $61.2M | 6.8% | 13.9% |
| FY2016 | $1.3B | $33.7M | $0.71 | $57.1M | 4.1% | 10.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
TTEC Holdings, Inc. has demonstrated mature, steady growth, with revenue compounding at 5.9% annually over the past decade.
TTEC Holdings, Inc. has historically struggled to out-earn its cost of capital, averaging just 6.0% ROIC.
TTEC Holdings, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, TTEC Holdings, Inc. is modeled at 5.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $3.15 per share.